Summit Midstream
SMC
70 hedge funds and large institutions have $1.04B invested in Summit Midstream in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 36 increasing their positions, 11 reducing their positions, and 11 closing their positions.
227% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 11
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
26% more capital invested
Capital invested by funds: $829M → $1.04B (+$215M)
3% more funds holding
Funds holding: 68 → 70 (+2)
68% less call options, than puts
Call options by funds: $2.59M | Put options by funds: $8.16M
Top Buyers
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
+$66.3M |
| 2 |
O
OppenheimerFunds
New York
|
+$28.1M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$23M |
| 4 |
Morgan Stanley
New York
|
+$20.2M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$20M |
Top Sellers
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$16M |
| 2 |
Neuberger Berman Group
New York
|
-$13.6M |
| 3 |
Goldman Sachs
New York
|
-$12.6M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$8.84M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
California Public Employees Retirement System
Sacramento,
California
| – | -$362K | -633 | Closed |
|
|
VKH
77
Virtu KCG Holdings
New York
| – | -$247K | -512 | Closed |
|
78
AllianceBernstein
Nashville,
Tennessee
| – | -$115K | -239 | Closed |
|
|
FMA
79
FNY Managed Accounts
New York
| – | -$83.6K | -173 | Closed |
|
80
Group One Trading
Chicago,
Illinois
| – | -$80K | -165 | Closed |
|
|
AIG
81
American International Group
New York
| – | -$3.22K | -7 | Closed |
|
SMC Hedge Fund Activity: Q2 2015 in Review
70 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q2 2015, worth a combined $1.04B — up 26% from $829M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SMC positions and 11 closed out — a net gain of 3 holders — while 36 added to existing stakes and 11 trimmed.
The largest buyer was Advisory Research, adding an estimated $66.3M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $16M.
- 70 institutional investors held Summit Midstream (SMC) as of Q2 2015, up from 68 in Q1 2015.
- Funds reported $1.04B of Summit Midstream stock for Q2 2015, up 26% quarter-over-quarter.
- 14 funds opened new Summit Midstream positions in Q2 2015 and 11 closed out, a net change of +3 holders.
- The largest Summit Midstream buyer in Q2 2015 was Advisory Research, an estimated $66.3M added.
- The largest Summit Midstream seller in Q2 2015 was Kayne Anderson Capital Advisors, an estimated $16M sold.
Based on aggregated 13F filings for Q2 2015.