Summit Midstream
SMC
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.
5,430% more call options, than puts
Call options by funds: $5.64M | Put options by funds: $102K
130% more capital inflows, than outflows
Capital inflows: $41.8M | Capital outflows: $18.2M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
1.43% more ownership
Funds ownership: 66.28% → 67.71% (+1.4%)
0% more funds holding
Funds holding: 66 → 66 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
+$5.23M |
| 2 |
Securian Asset Management
St Paul,
Minnesota
|
+$4.98M |
| 3 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$4.65M |
| 4 |
Salient Capital Advisors
Houston,
Texas
|
+$4.54M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$4.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$6.12M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
-$1.86M |
| 3 |
Morgan Stanley
New York
|
-$1.78M |
| 4 |
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$1.46M |
| 5 |
GSA Capital Partners
London,
United Kingdom
|
-$727K |
SMC Hedge Fund Activity: Q2 2014 in Review
66 of the 3,491 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.