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SMC

Summit Midstream

66 hedge funds and large institutions have $1.19B invested in Summit Midstream in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

5,430% more call options, than puts

Call options by funds: $5.64M | Put options by funds: $102K

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

39% more repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 18

21% more capital invested

Capital invested by funds: $977M → $1.19B (+$208M)

0% more funds holding

Funds holding: 6666 (0)

0% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 10

Holders
66
Holders Change
Holders Change %
0%
% of All Funds
1.9%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
10
Increased
25
Reduced
18
Closed
10
Calls
$5.64M
Puts
$102K
Net Calls
+$5.54M
Net Calls Change
+$5.87M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$166M -$171K -252 -0.1%
KACA
2
Kayne Anderson Capital Advisors
California
$155M -$6.12M -9,020 -4%
SCA
3
Salient Capital Advisors
Texas
$136M +$4.54M +6,696 +4%
O
4
OppenheimerFunds
New York
$131M +$21.7K +32 +0%
ClearBridge Investments
5
ClearBridge Investments
New York
$89.7M +$109K +161 +0.1%
Neuberger Berman Group
6
Neuberger Berman Group
New York
$61.6M -$651K -959 -1%
EGA
7
Eagle Global Advisors
Texas
$61.1M -$477K -703 -0.9%
HFA
8
Harvest Fund Advisors
Pennsylvania
$56.7M +$4.65M +6,846 +10%
TCA
9
Tortoise Capital Advisors
Kansas
$47M
COPPSERS
10
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$45M +$679 +1 +0%
Morgan Stanley
11
Morgan Stanley
New York
$26.4M -$1.78M -2,617 -7%
U
12
UBS
Switzerland
$21.8M +$261K +384 +1%
CCCA
13
Center Coast Capital Advisors
Texas
$21.6M +$3.34M +4,923 +21%
Cohen & Steers
14
Cohen & Steers
New York
$19.5M +$683K +1,006 +4%
CS
15
Credit Suisse
Switzerland
$16.3M -$1.86M -2,747 -11%
SC
16
Sculptor Capital
New York
$15.2M -$477K -703 -3%
WHG
17
Westwood Holdings Group
Texas
$11.6M -$466K -687 -4%
MSA
18
Mason Street Advisors
Wisconsin
$11.6M
FWIA
19
Fort Washington Investment Advisors
Ohio
$8.57M +$5.23M +7,703 +218%
SCM
20
Samson Capital Management
Kansas
$6.23M +$1.66M +2,449 +43%
HighTower Advisors
21
HighTower Advisors
Illinois
$6.22M +$4.25M +6,261 +330%
MLICM
22
Metropolitan Life Insurance Company (MetLife)
New York
$6.21M
JP Morgan Chase
23
JP Morgan Chase
New York
$5.9M -$57K -84 -1%
SAM
24
Securian Asset Management
Minnesota
$5.6M +$4.98M +7,341 New
Deutsche Bank
25
Deutsche Bank
Germany
$4.91M +$2.49M +3,662 +132%

SMC Hedge Fund Activity: Q2 2014 in Review

66 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q2 2014, worth a combined $1.19B — up 21% from $977M a quarter earlier.

Fund positioning in SMC was balanced in Q2 2014: 10 funds opened new positions, 10 closed out, 25 added to existing stakes and 18 trimmed.

The largest buyer was Fort Washington Investment Advisors, adding an estimated $5.23M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $6.12M.

  • 66 institutional investors held Summit Midstream (SMC) as of Q2 2014, unchanged from Q1 2014.
  • Funds reported $1.19B of Summit Midstream stock for Q2 2014, up 21% quarter-over-quarter.
  • 10 funds opened new Summit Midstream positions in Q2 2014 and 10 closed out, a net change of 0 holders.
  • The largest Summit Midstream buyer in Q2 2014 was Fort Washington Investment Advisors, an estimated $5.23M added.
  • The largest Summit Midstream seller in Q2 2014 was Kayne Anderson Capital Advisors, an estimated $6.12M sold.

Based on aggregated 13F filings for Q2 2014.