Summit Midstream
SMC
54 hedge funds and large institutions have $595M invested in Summit Midstream in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 20 reducing their positions, and 11 closing their positions.
264% more call options, than puts
Call options by funds: $1.23M | Put options by funds: $337K
27% more capital invested
Capital invested by funds: $467M → $595M (+$128M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
11% less funds holding
Funds holding: 61 → 54 (-7)
15% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 20
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| 1 |
O
OppenheimerFunds
New York
|
+$20.5M |
| 2 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
+$2.42M |
| 3 |
HCM
HMI Capital Management
San Francisco,
California
|
+$1.66M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$1.51M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.09M |
Top Sellers
| 1 |
UBS Group
Zurich,
Switzerland
|
-$11.9M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$10.4M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$7.75M |
| 4 |
CCCA
Center Coast Capital Advisors
Houston,
Texas
|
-$4.75M |
| 5 |
Goldman Sachs
New York
|
-$4.53M |
SMC Hedge Fund Activity: Q2 2016 in Review
54 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q2 2016, worth a combined $595M — up 27% from $467M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SMC and 4 opened new positions — a net loss of 7 holders — while 20 trimmed existing stakes and 17 added.
The largest buyer was OppenheimerFunds, adding an estimated $20.5M. The largest seller was UBS Group, cutting an estimated $11.9M.
- 54 institutional investors held Summit Midstream (SMC) as of Q2 2016, down from 61 in Q1 2016.
- Funds reported $595M of Summit Midstream stock for Q2 2016, up 27% quarter-over-quarter.
- 4 funds opened new Summit Midstream positions in Q2 2016 and 11 closed out, a net change of -7 holders.
- The largest Summit Midstream buyer in Q2 2016 was OppenheimerFunds, an estimated $20.5M added.
- The largest Summit Midstream seller in Q2 2016 was UBS Group, an estimated $11.9M sold.
Based on aggregated 13F filings for Q2 2016.