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SMC

Summit Midstream

76 hedge funds and large institutions have $506M invested in Summit Midstream in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

12% more capital invested

Capital invested by funds: $454M → $506M (+$52.3M)

9% more funds holding

Funds holding: 7076 (+6)

5% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 21

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

40% less call options, than puts

Call options by funds: $854K | Put options by funds: $1.41M

Holders
76
Holders Change
+6
Holders Change %
+8.57%
% of All Funds
1.74%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
14
Increased
22
Reduced
21
Closed
7
Calls
$854K
Puts
$1.41M
Net Calls
-$558K
Net Calls Change
+$1.74M
Name Holding Trade Value Shares
Change
Change in
Stake
RA
51
Rational Advisors
New York
$271K +$269K +1,175 New
Walleye Trading
52
Walleye Trading
New York
$270K +$268K +1,171 New
California Public Employees Retirement System
53
California Public Employees Retirement System
California
$242K +$240K +1,046 New
CS
54
Credit Suisse
Switzerland
$233K -$29.6K -129 -11%
SGCA
55
Steel Grove Capital Advisors
Tennessee
$224K
RJFSA
56
Raymond James Financial Services Advisors
Florida
$164K +$5.04K +22 +3%
PG
57
PEAK6 Group
Illinois
$156K -$77.4K -338 -33%
TRCT
58
Tower Research Capital (TRC)
New York
$136K +$135K +589 New
Simplex Trading
59
Simplex Trading
Illinois
$134K -$41.7K -182 -24%
BNP Paribas Financial Markets
60
BNP Paribas Financial Markets
France
$115K -$58.2K -254 -34%
TIS
61
Tortoise Index Solutions
Kansas
$113K +$15.1K +66 +16%
CF
62
Centaurus Financial
California
$101K +$100K +437 New
WEC
63
Winslow Evans & Crocker
Massachusetts
$94K +$93.2K +407 New
EA
64
Edge Advisors
Georgia
$85K
MFW
65
Mosaic Family Wealth
Missouri
$75K +$8.02K +35 +12%
CPIG
66
Chicago Partners Investment Group
Illinois
$47K
Manulife (Manufacturers Life Insurance)
67
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$31K
SMFS
68
Squar Milner Financial Services
California
$27K +$27K +118 New
US Bancorp
69
US Bancorp
Minnesota
$25K +$24.5K +107 New
LTFS
70
Ladenburg Thalmann Financial Services
Florida
$22K
RFC
71
Regions Financial Corp
Alabama
$15K
SMG
72
Spectrum Management Group
Indiana
$15K
MCM
73
Mainstay Capital Management
Michigan
$12K
LF
74
Lee Financial
Texas
$8K
AG
75
Advisor Group
Arizona
$7K

SMC Hedge Fund Activity: Q2 2018 in Review

76 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q2 2018, worth a combined $506M — up 12% from $454M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new SMC positions and 7 closed out — a net gain of 7 holders — while 22 added to existing stakes and 21 trimmed.

The largest buyer was Brookfield Corp, opening a new position worth an estimated $28.5M. The largest seller was Advisory Research, cutting an estimated $16.8M.

  • 76 institutional investors held Summit Midstream (SMC) as of Q2 2018, up from 70 in Q1 2018.
  • Funds reported $506M of Summit Midstream stock for Q2 2018, up 12% quarter-over-quarter.
  • 14 funds opened new Summit Midstream positions in Q2 2018 and 7 closed out, a net change of +7 holders.
  • The largest Summit Midstream buyer in Q2 2018 was Brookfield Corp, an estimated $28.5M added.
  • The largest Summit Midstream seller in Q2 2018 was Advisory Research, an estimated $16.8M sold.

Based on aggregated 13F filings for Q2 2018.