Summit Midstream
SMC
70 hedge funds and large institutions have $1.05B invested in Summit Midstream in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 36 increasing their positions, 11 reducing their positions, and 11 closing their positions.
227% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 11
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
27% more capital invested
Capital invested by funds: $829M → $1.05B (+$222M)
3% more funds holding
Funds holding: 68 → 70 (+2)
68% less call options, than puts
Call options by funds: $2.59M | Put options by funds: $8.16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
+$66.3M |
| 2 |
O
OppenheimerFunds
New York
|
+$28.1M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$23M |
| 4 |
Morgan Stanley
New York
|
+$20.2M |
| 5 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$20M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$16M |
| 2 |
Neuberger Berman Group
New York
|
-$13.6M |
| 3 |
Goldman Sachs
New York
|
-$12.6M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$8.84M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$7M |
SMC Hedge Fund Activity: Q2 2015 in Review
70 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q2 2015, worth a combined $1.05B — up 27% from $829M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new SMC positions and 11 closed out — a net gain of 3 holders — while 36 added to existing stakes and 11 trimmed.
The largest buyer was Advisory Research, adding an estimated $66.3M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $16M.
- 70 institutional investors held Summit Midstream (SMC) as of Q2 2015, up from 68 in Q1 2015.
- Funds reported $1.05B of Summit Midstream stock for Q2 2015, up 27% quarter-over-quarter.
- 14 funds opened new Summit Midstream positions in Q2 2015 and 11 closed out, a net change of +3 holders.
- The largest Summit Midstream buyer in Q2 2015 was Advisory Research, an estimated $66.3M added.
- The largest Summit Midstream seller in Q2 2015 was Kayne Anderson Capital Advisors, an estimated $16M sold.
Based on aggregated 13F filings for Q2 2015.