Summit Midstream
SMC
72 hedge funds and large institutions have $454M invested in Summit Midstream in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 76 → 72 (-4)
10% less capital invested
Capital invested by funds: $506M → $454M (-$52.8M)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
27% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 26
59% less call options, than puts
Call options by funds: $769K | Put options by funds: $1.86M
Top Buyers
| 1 |
O
OppenheimerFunds
New York
|
+$16.3M |
| 2 |
Goldman Sachs
New York
|
+$4.41M |
| 3 |
Renaissance Technologies
New York
|
+$2.54M |
| 4 |
MIM
MetLife Investment Management
Whippany,
New Jersey
|
+$2.12M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$2.03M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Walleye Trading
New York
| – | -$289K | -1,171 | Closed |
|
77
California Public Employees Retirement System
Sacramento,
California
| – | -$242K | -1,046 | Closed |
|
|
CS
78
Credit Suisse
Zurich,
Switzerland
| – | -$233K | -1,009 | Closed |
|
79
Simplex Trading
Chicago,
Illinois
| – | -$144K | -584 | Closed |
|
80
BNP Paribas Financial Markets
Paris,
France
| – | -$115K | -496 | Closed |
|
|
CF
81
Centaurus Financial
Anaheim,
California
| – | -$101K | -437 | Closed |
|
82
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$31K | -135 | Closed |
|
|
LF
83
Lee Financial
Dallas,
Texas
| – | -$8K | -33 | Closed |
|
SMC Hedge Fund Activity: Q3 2018 in Review
72 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q3 2018, worth a combined $454M — down 10% from $506M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SMC and 9 opened new positions — a net loss of 2 holders — while 26 trimmed existing stakes and 19 added.
The largest buyer was OppenheimerFunds, adding an estimated $16.3M. The largest seller was HMI Capital Management, cutting an estimated $21.3M.
- 72 institutional investors held Summit Midstream (SMC) as of Q3 2018, down from 76 in Q2 2018.
- Funds reported $454M of Summit Midstream stock for Q3 2018, down 10% quarter-over-quarter.
- 9 funds opened new Summit Midstream positions in Q3 2018 and 11 closed out, a net change of -2 holders.
- The largest Summit Midstream buyer in Q3 2018 was OppenheimerFunds, an estimated $16.3M added.
- The largest Summit Midstream seller in Q3 2018 was HMI Capital Management, an estimated $21.3M sold.
Based on aggregated 13F filings for Q3 2018.