Summit Midstream
SMC
73 hedge funds and large institutions have $833M invested in Summit Midstream in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 31 increasing their positions, 18 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
72% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 18
3% less capital invested
Capital invested by funds: $856M → $833M (-$23M)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1% less funds holding
Funds holding: 74 → 73 (-1)
72% less call options, than puts
Call options by funds: $3.14M | Put options by funds: $11.2M
Top Buyers
| 1 |
HCM
HMI Capital Management
San Francisco,
California
|
+$13.6M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$9.36M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.07M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.51M |
| 5 |
TAM
TPH Asset Management
Houston,
Texas
|
+$2.43M |
Top Sellers
| 1 |
IG
ING Group
Amsterdam,
Netherlands
|
-$4.01M |
| 2 |
SG Americas Securities
New York
|
-$2.8M |
| 3 |
JP Morgan Chase
New York
|
-$2.49M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$2.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Renaissance Technologies
New York
| – | -$1.94M | -5,395 | Closed |
|
77
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.74M | -5,013 | Closed |
|
|
FWIA
78
Fort Washington Investment Advisors
Cincinnati,
Ohio
| – | -$1.68M | -4,667 | Closed |
|
|
IECM
79
Intrinsic Edge Capital Management
Chicago,
Illinois
| – | -$1.1M | -3,061 | Closed |
|
|
HCM
80
Hollencrest Capital Management
Newport Beach,
California
| – | -$1.02M | -2,840 | Closed |
|
81
Citadel Advisors
Miami,
Florida
| – | -$539K | -1,549 | Closed |
|
82
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$329K | -914 | Closed |
|
|
STMM
83
South Texas Money Management
San Antonio,
Texas
| – | -$277K | -769 | Closed |
|
|
CPIG
84
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$73K | -202 | Closed |
|
|
ST
85
Spot Trading
Chicago,
Illinois
| – | -$42K | -116 | Closed |
|
86
Simplex Trading
Chicago,
Illinois
| – | -$26.8K | -77 | Closed |
|
SMC Hedge Fund Activity: Q2 2017 in Review
73 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q2 2017, worth a combined $833M — down 2.7% from $856M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of SMC and 12 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 31 added.
The largest buyer was HMI Capital Management, adding an estimated $13.6M. The largest seller was ING Group, exiting entirely with an estimated $4.01M sold.
- 73 institutional investors held Summit Midstream (SMC) as of Q2 2017, down from 74 in Q1 2017.
- Funds reported $833M of Summit Midstream stock for Q2 2017, down 2.7% quarter-over-quarter.
- 12 funds opened new Summit Midstream positions in Q2 2017 and 13 closed out, a net change of -1 holder.
- The largest Summit Midstream buyer in Q2 2017 was HMI Capital Management, an estimated $13.6M added.
- The largest Summit Midstream seller in Q2 2017 was ING Group, an estimated $4.01M sold.
Based on aggregated 13F filings for Q2 2017.