Summit Midstream
SMC
72 hedge funds and large institutions have $740M invested in Summit Midstream in 2017 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 24 increasing their positions, 22 reducing their positions, and 9 closing their positions.
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
15% more call options, than puts
Call options by funds: $512K | Put options by funds: $444K
13% more funds holding
Funds holding: 64 → 72 (+8)
9% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 22
2% more capital invested
Capital invested by funds: $727M → $740M (+$13M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Blackstone Inc
New York
|
+$61.3M |
| 2 |
HCM
HMI Capital Management
San Francisco,
California
|
+$13.2M |
| 3 |
Cohen & Steers
New York
|
+$6.94M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$3.48M |
| 5 |
JP Morgan Chase
New York
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$9.21M |
| 2 |
Morgan Stanley
New York
|
-$5.58M |
| 3 |
O
OppenheimerFunds
New York
|
-$4.93M |
| 4 |
Goldman Sachs
New York
|
-$4.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCI
76
Credit Capital Investments
Livingston,
New Jersey
| – | -$234K | -781 | Closed |
|
77
AllianceBernstein
Nashville,
Tennessee
| – | -$204K | -680 | Closed |
|
|
PCP
78
Proficio Capital Partners
Newton,
Massachusetts
| – | -$202K | -673 | Closed |
|
|
SAM
79
Solaris Asset Management
New York
| – | -$65K | -215 | Closed |
|
|
PCM
80
Penserra Capital Management
Orinda,
California
| – | -$12K | -41 | Closed |
|
81
Group One Trading
Chicago,
Illinois
| – | -$5.15K | -17 | Closed |
|
SMC Hedge Fund Activity: Q4 2017 in Review
72 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q4 2017, worth a combined $740M — up 1.8% from $727M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new SMC positions and 9 closed out — a net gain of 9 holders — while 24 added to existing stakes and 22 trimmed.
The largest buyer was Blackstone Inc, opening a new position worth an estimated $61.3M. The largest seller was CIBC Private Wealth Group, cutting an estimated $9.21M.
- 72 institutional investors held Summit Midstream (SMC) as of Q4 2017, up from 64 in Q3 2017.
- Funds reported $740M of Summit Midstream stock for Q4 2017, up 1.8% quarter-over-quarter.
- 18 funds opened new Summit Midstream positions in Q4 2017 and 9 closed out, a net change of +9 holders.
- The largest Summit Midstream buyer in Q4 2017 was Blackstone Inc, an estimated $61.3M added.
- The largest Summit Midstream seller in Q4 2017 was CIBC Private Wealth Group, an estimated $9.21M sold.
Based on aggregated 13F filings for Q4 2017.