Summit Midstream
SMC
59 hedge funds and large institutions have $148M invested in Summit Midstream in 2024 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 3 closing their positions.
3,460% more call options, than puts
Call options by funds: $2.03M | Put options by funds: $57K
833% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 3
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
74% more funds holding
Funds holding: 34 → 59 (+25)
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
15% more capital invested
Capital invested by funds: $128M → $148M (+$19.8M)
2.43% more ownership
Funds ownership: 34.34% → 36.77% (+2.4%)
Top Buyers
Top Sellers
| 1 |
SCM
Shenkman Capital Management
New York
|
-$7.07M |
| 2 |
Goldman Sachs
New York
|
-$6.34M |
| 3 |
AM
Ares Management
Los Angeles,
California
|
-$4.24M |
| 4 |
Blackstone Inc
New York
|
-$2.45M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.16M |
SMC Hedge Fund Activity: Q4 2024 in Review
59 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q4 2024, worth a combined $148M — up 15% from $128M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new SMC positions and 3 closed out — a net gain of 25 holders — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $3.64M. The largest seller was Shenkman Capital Management, cutting an estimated $7.07M.
- 59 institutional investors held Summit Midstream (SMC) as of Q4 2024, up from 34 in Q3 2024.
- Funds reported $148M of Summit Midstream stock for Q4 2024, up 15% quarter-over-quarter.
- 28 funds opened new Summit Midstream positions in Q4 2024 and 3 closed out, a net change of +25 holders.
- The largest Summit Midstream buyer in Q4 2024 was Arrowstreet Capital, an estimated $3.64M added.
- The largest Summit Midstream seller in Q4 2024 was Shenkman Capital Management, an estimated $7.07M sold.
Based on aggregated 13F filings for Q4 2024.