Summit Midstream
SMC
27 hedge funds and large institutions have $55.5M invested in Summit Midstream in 2021 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 4 closing their positions.
7% less funds holding
Funds holding: 29 → 27 (-2)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
41% less capital invested
Capital invested by funds: $94.7M → $55.5M (-$39.2M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$3.23M |
| 2 |
Morgan Stanley
New York
|
+$1.27M |
| 3 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
+$414K |
| 4 |
AUIM
Aegon USA Investment Management
Cedar Rapids,
Iowa
|
+$304K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$219K |
Top Sellers
| 1 |
EC
ECP ControlCo
Summit,
New Jersey
|
-$3.33M |
| 2 |
JP Morgan Chase
New York
|
-$2.48M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.37M |
| 4 |
Nomura Asset Management
Tokyo,
Japan
|
-$2.32M |
| 5 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
-$1.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
First Trust Advisors
Wheaton,
Illinois
| – | -$2.37M | -66,790 | Closed |
|
|
P3I
27
Progeny 3 Inc
Kirkland,
Washington
| – | -$72K | -2,028 | Closed |
|
|
HI
28
Harbour Investments
Madison,
Wisconsin
| – | -$1K | -27 | Closed |
|
SMC Hedge Fund Activity: Q4 2021 in Review
27 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q4 2021, worth a combined $55.5M — down 41% from $94.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SMC and 2 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Nomura Holdings, opening a new position worth an estimated $3.23M. The largest seller was ECP ControlCo, cutting an estimated $3.33M.
- 27 institutional investors held Summit Midstream (SMC) as of Q4 2021, down from 29 in Q3 2021.
- Funds reported $55.5M of Summit Midstream stock for Q4 2021, down 41% quarter-over-quarter.
- 2 funds opened new Summit Midstream positions in Q4 2021 and 4 closed out, a net change of -2 holders.
- The largest Summit Midstream buyer in Q4 2021 was Nomura Holdings, an estimated $3.23M added.
- The largest Summit Midstream seller in Q4 2021 was ECP ControlCo, an estimated $3.33M sold.
Based on aggregated 13F filings for Q4 2021.