Summit Midstream
SMC
70 hedge funds and large institutions have $454M invested in Summit Midstream in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 12 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
3% less funds holding
Funds holding: 72 → 70 (-2)
39% less capital invested
Capital invested by funds: $740M → $454M (-$286M)
99% less call options, than puts
Call options by funds: $29K | Put options by funds: $2.33M
Top Buyers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$9.51M |
| 2 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
+$6.98M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.91M |
| 4 |
O
OppenheimerFunds
New York
|
+$3.2M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
+$2.48M |
Top Sellers
| 1 |
Blackstone Inc
New York
|
-$62.2M |
| 2 |
AR
Advisory Research
Chicago,
Illinois
|
-$29.2M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$10.8M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$8.51M |
| 5 |
Goldman Sachs
New York
|
-$5.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Jane Street
New York
| – | -$204K | -664 | Closed |
|
|
AIM
77
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$97K | -314 | Closed |
|
|
II
78
Inspire Investing
Meridian,
Idaho
| – | -$54K | -177 | Closed |
|
|
IWP
79
Icon Wealth Partners
Houston,
Texas
| – | -$35K | -115 | Closed |
|
80
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$34K | -108 | Closed |
|
|
STA
81
Summit Trail Advisors
New York
| – | -$2K | -6 | Closed |
|
82
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1K | -2 | Closed |
|
SMC Hedge Fund Activity: Q1 2018 in Review
70 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q1 2018, worth a combined $454M — down 39% from $740M a quarter earlier.
Fund positioning in SMC was balanced in Q1 2018: 12 funds opened new positions, 12 closed out, 21 added to existing stakes and 23 trimmed.
The largest buyer was T. Rowe Price Associates, opening a new position worth an estimated $9.51M. The largest seller was Blackstone Inc, exiting entirely with an estimated $62.2M sold.
- 70 institutional investors held Summit Midstream (SMC) as of Q1 2018, down from 72 in Q4 2017.
- Funds reported $454M of Summit Midstream stock for Q1 2018, down 39% quarter-over-quarter.
- 12 funds opened new Summit Midstream positions in Q1 2018 and 12 closed out, a net change of 0 holders.
- The largest Summit Midstream buyer in Q1 2018 was T. Rowe Price Associates, an estimated $9.51M added.
- The largest Summit Midstream seller in Q1 2018 was Blackstone Inc, an estimated $62.2M sold.
Based on aggregated 13F filings for Q1 2018.