Summit Midstream
SMC
30 hedge funds and large institutions have $56M invested in Summit Midstream in 2022 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
5% more call options, than puts
Call options by funds: $212K | Put options by funds: $201K
7% less capital invested
Capital invested by funds: $60.1M → $56M (-$4.09M)
9% less funds holding
Funds holding: 33 → 30 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| 1 |
Blackstone Inc
New York
|
+$420K |
| 2 |
CU
CQS (US)
New York
|
+$356K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$322K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$243K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$241K |
Top Sellers
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$2.66M |
| 2 |
Barclays
London,
United Kingdom
|
-$1.36M |
| 3 |
Morgan Stanley
New York
|
-$686K |
| 4 |
VFA
Valeo Financial Advisors
Carmel,
Indiana
|
-$192K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$167K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCM
26
Shenkman Capital Management
New York
| $12.9K | – | – | – |
|
27
Rockefeller Capital Management
New York
| $4K | – | – | – |
|
28
Osaic Holdings
Scottsdale,
Arizona
| $3K | – | – | – |
|
|
VFA
29
Valeo Financial Advisors
Carmel,
Indiana
| – | -$192K | -15,093 | Closed |
|
|
GCP
30
GSA Capital Partners
London,
United Kingdom
| – | -$163K | -12,799 | Closed |
|
|
OHA
31
Oak Hill Advisors
New York
| – | -$128K | -10,034 | Closed |
|
32
Citigroup
New York
| – | -$84K | -6,570 | Closed |
|
|
GI
33
Gradient Investments
Arden Hills,
Minnesota
| – | -$2K | -145 | Closed |
|
SMC Hedge Fund Activity: Q3 2022 in Review
30 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q3 2022, worth a combined $56M — down 6.8% from $60.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SMC and 2 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 8 added.
The largest buyer was Blackstone Inc, adding an estimated $420K. The largest seller was Nomura Holdings, cutting an estimated $2.66M.
- 30 institutional investors held Summit Midstream (SMC) as of Q3 2022, down from 33 in Q2 2022.
- Funds reported $56M of Summit Midstream stock for Q3 2022, down 6.8% quarter-over-quarter.
- 2 funds opened new Summit Midstream positions in Q3 2022 and 5 closed out, a net change of -3 holders.
- The largest Summit Midstream buyer in Q3 2022 was Blackstone Inc, an estimated $420K added.
- The largest Summit Midstream seller in Q3 2022 was Nomura Holdings, an estimated $2.66M sold.
Based on aggregated 13F filings for Q3 2022.