Summit Midstream
SMC
31 hedge funds and large institutions have $68.8M invested in Summit Midstream in 2022 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 2 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
24% more capital invested
Capital invested by funds: $55.5M → $68.8M (+$13.2M)
15% more funds holding
Funds holding: 27 → 31 (+4)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
SCM
Shenkman Capital Management
New York
|
+$17.6M |
| 2 |
CU
CQS (US)
New York
|
+$6.83M |
| 3 |
Goldman Sachs
New York
|
+$5.46M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.76M |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$3.92M |
Top Sellers
| 1 |
EC
ECP ControlCo
Summit,
New Jersey
|
-$5.64M |
| 2 |
Morgan Stanley
New York
|
-$485K |
| 3 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
-$300K |
| 4 |
Blackstone Inc
New York
|
-$47.2K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$39.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wells Fargo
San Francisco,
California
| $48K | +$23.7K | +1,160 | +55% |
|
27
Rockefeller Capital Management
New York
| $4K | – | – | – |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $3K | – | – | – |
|
|
GI
29
Gradient Investments
Arden Hills,
Minnesota
| $2K | – | – | – |
|
|
EC
30
ECP ControlCo
Summit,
New Jersey
| – | -$5.64M | -253,979 | Closed |
|
|
SCM
31
Southport Capital Management
Chattanooga,
Tennessee
| – | -$300K | -13,500 | Closed |
|
SMC Hedge Fund Activity: Q1 2022 in Review
31 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q1 2022, worth a combined $68.8M — up 24% from $55.5M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SMC positions and 2 closed out — a net gain of 4 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was Shenkman Capital Management, opening a new position worth an estimated $17.6M. The largest seller was ECP ControlCo, exiting entirely with an estimated $5.64M sold.
- 31 institutional investors held Summit Midstream (SMC) as of Q1 2022, up from 27 in Q4 2021.
- Funds reported $68.8M of Summit Midstream stock for Q1 2022, up 24% quarter-over-quarter.
- 6 funds opened new Summit Midstream positions in Q1 2022 and 2 closed out, a net change of +4 holders.
- The largest Summit Midstream buyer in Q1 2022 was Shenkman Capital Management, an estimated $17.6M added.
- The largest Summit Midstream seller in Q1 2022 was ECP ControlCo, an estimated $5.64M sold.
Based on aggregated 13F filings for Q1 2022.