Summit Midstream
SMC
35 hedge funds and large institutions have $121M invested in Summit Midstream in 2024 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 3 closing their positions.
700% more call options, than puts
Call options by funds: $256K | Put options by funds: $32K
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
25% more capital invested
Capital invested by funds: $96.8M → $121M (+$24.4M)
13% more funds holding
Funds holding: 31 → 35 (+4)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$2.99M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$2.52M |
| 3 |
FI
Fractal Investments
Glastonbury,
Connecticut
|
+$1.42M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$1.1M |
| 5 |
PHS
Pekin Hardy Strauss
Chicago,
Illinois
|
+$623K |
Top Sellers
| 1 |
SCM
Shenkman Capital Management
New York
|
-$3.57M |
| 2 |
AM
Ares Management
Los Angeles,
California
|
-$2.29M |
| 3 |
JP Morgan Chase
New York
|
-$2.28M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.23M |
| 5 |
Belvedere Trading
Chicago,
Illinois
|
-$423K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AUIM
26
Aegon USA Investment Management
Cedar Rapids,
Iowa
| $289K | -$132K | -4,195 | -34% |
|
27
Royal Bank of Canada
Toronto,
Ontario, Canada
| $271K | +$19.2K | +610 | +9% |
|
28
Jane Street
New York
| $259K | +$229K | +7,288 | New |
|
|
GWSG
29
GPS Wealth Strategies Group
Centennial,
Colorado
| $23.1K | – | – | – |
|
30
Simplex Trading
Chicago,
Illinois
| $21K | -$119K | -3,771 | -86% |
|
31
Group One Trading
Chicago,
Illinois
| $17.2K | -$25.2K | -800 | -62% |
|
32
Osaic Holdings
Scottsdale,
Arizona
| $4.2K | – | – | – |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $4.09K | -$882 | -28 | -20% |
|
34
Mirae Asset Global ETFs Holdings
Causeway Bay,
Hong Kong
| $3.56K | +$3.15K | +100 | New |
|
|
CAS
35
Coppell Advisory Solutions
Coppell,
Texas
| $391 | +$346 | +11 | New |
|
|
36
Belvedere Trading
Chicago,
Illinois
| – | -$423K | -15,083 | Closed |
|
37
Mariner
Overland Park,
Kansas
| – | -$363K | -12,948 | Closed |
|
|
BL
38
BFSG LLC
Irvine,
California
| – | -$281 | -10 | Closed |
|
SMC Hedge Fund Activity: Q2 2024 in Review
35 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q2 2024, worth a combined $121M — up 25% from $96.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SMC positions and 3 closed out — a net gain of 6 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.99M. The largest seller was Shenkman Capital Management, cutting an estimated $3.57M.
- 35 institutional investors held Summit Midstream (SMC) as of Q2 2024, up from 31 in Q1 2024.
- Funds reported $121M of Summit Midstream stock for Q2 2024, up 25% quarter-over-quarter.
- 9 funds opened new Summit Midstream positions in Q2 2024 and 3 closed out, a net change of +6 holders.
- The largest Summit Midstream buyer in Q2 2024 was Morgan Stanley, an estimated $2.99M added.
- The largest Summit Midstream seller in Q2 2024 was Shenkman Capital Management, an estimated $3.57M sold.
Based on aggregated 13F filings for Q2 2024.