Summit Midstream
SMC
47 hedge funds and large institutions have $74.1M invested in Summit Midstream in 2019 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 15 closing their positions.
11% less funds holding
Funds holding: 53 → 47 (-6)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
37% less capital invested
Capital invested by funds: $118M → $74.1M (-$44.4M)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
99% less call options, than puts
Call options by funds: $4K | Put options by funds: $518K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.3M |
| 2 |
SCA
Salient Capital Advisors
Houston,
Texas
|
+$755K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$685K |
| 4 |
JP Morgan Chase
New York
|
+$418K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$246K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCA
Tortoise Capital Advisors
Overland Park,
Kansas
|
-$7.28M |
| 2 |
ClearBridge Investments
New York
|
-$3.66M |
| 3 |
Jane Street
New York
|
-$570K |
| 4 |
BPSG
Brookfield Public Securities Group
New York
|
-$400K |
| 5 |
EU
Emory University
Atlanta,
Georgia
|
-$342K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
VanEck Associates
New York
| – | -$274K | -3,759 | Closed |
|
|
PAG
52
Private Advisor Group
Morristown,
New Jersey
| – | -$149K | -2,026 | Closed |
|
53
Sumitomo Mitsui Trust Group
Minato-Ku, Tokyo,
Japan
| – | -$97K | -1,333 | Closed |
|
|
VF
54
Virtu Financial
New York
| – | -$96K | -1,313 | Closed |
|
|
AA
55
ALPS Advisors
Denver,
Colorado
| – | -$55K | -756 | Closed |
|
|
RJA
56
Raymond James & Associates
St Petersburg,
Florida
| – | -$49K | -670 | Closed |
|
|
FSC
57
Full Sail Capital
Oklahoma City,
Oklahoma
| – | -$39K | -667 | Closed |
|
58
Barclays
London,
United Kingdom
| – | -$40K | -554 | Closed |
|
|
MWNA
59
Marshall Wace North America
New York
| – | -$22K | -302 | Closed |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| – | -$21K | -284 | Closed |
|
61
Group One Trading
Chicago,
Illinois
| – | -$5.4K | -90 | Closed |
|
SMC Hedge Fund Activity: Q4 2019 in Review
47 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q4 2019, worth a combined $74.1M — down 37% from $118M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of SMC and 9 opened new positions — a net loss of 6 holders — while 16 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $1.3M. The largest seller was Tortoise Capital Advisors, exiting entirely with an estimated $7.28M sold.
- 47 institutional investors held Summit Midstream (SMC) as of Q4 2019, down from 53 in Q3 2019.
- Funds reported $74.1M of Summit Midstream stock for Q4 2019, down 37% quarter-over-quarter.
- 9 funds opened new Summit Midstream positions in Q4 2019 and 15 closed out, a net change of -6 holders.
- The largest Summit Midstream buyer in Q4 2019 was Morgan Stanley, an estimated $1.3M added.
- The largest Summit Midstream seller in Q4 2019 was Tortoise Capital Advisors, an estimated $7.28M sold.
Based on aggregated 13F filings for Q4 2019.