Summit Midstream
SMC
29 hedge funds and large institutions have $94.7M invested in Summit Midstream in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
46% more capital invested
Capital invested by funds: $65.1M → $94.7M (+$29.7M)
12% more funds holding
Funds holding: 26 → 29 (+3)
Top Buyers
| 1 |
EC
ECP ControlCo
Summit,
New Jersey
|
+$12.8M |
| 2 |
Nomura Asset Management
Tokyo,
Japan
|
+$5.33M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.36M |
| 4 |
JP Morgan Chase
New York
|
+$2.09M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$435K |
Top Sellers
| 1 |
Goldman Sachs
New York
|
-$2.61M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$873K |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$289K |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
-$207K |
| 5 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
-$165K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Harbour Investments
Madison,
Wisconsin
| $1K | – | – | – |
|
|
27
Goldman Sachs
New York
| – | -$2.61M | -85,770 | Closed |
|
|
28
Marshall Wace
London,
United Kingdom
| – | -$289K | -9,502 | Closed |
|
|
JF
29
Jump Financial
Chicago,
Illinois
| – | -$207K | -6,800 | Closed |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| – | +$389 | +11 | New |
|
SMC Hedge Fund Activity: Q3 2021 in Review
29 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q3 2021, worth a combined $94.7M — up 46% from $65.1M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SMC positions and 3 closed out — a net gain of 3 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was ECP ControlCo, opening a new position worth an estimated $12.8M. The largest seller was Goldman Sachs, exiting entirely with an estimated $2.61M sold.
- 29 institutional investors held Summit Midstream (SMC) as of Q3 2021, up from 26 in Q2 2021.
- Funds reported $94.7M of Summit Midstream stock for Q3 2021, up 46% quarter-over-quarter.
- 6 funds opened new Summit Midstream positions in Q3 2021 and 3 closed out, a net change of +3 holders.
- The largest Summit Midstream buyer in Q3 2021 was ECP ControlCo, an estimated $12.8M added.
- The largest Summit Midstream seller in Q3 2021 was Goldman Sachs, an estimated $2.61M sold.
Based on aggregated 13F filings for Q3 2021.