Summit Midstream
SMC
76 hedge funds and large institutions have $506M invested in Summit Midstream in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 22 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
7% more funds holding
Funds holding: 71 → 76 (+5)
5% more capital invested
Capital invested by funds: $481M → $506M (+$25.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 22
40% less call options, than puts
Call options by funds: $854K | Put options by funds: $1.41M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O
OppenheimerFunds
New York
|
+$6.67M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$5.2M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$3.58M |
| 4 |
DAC
Dividend Assets Capital
Ridgeland,
South Carolina
|
+$1.98M |
| 5 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$1.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AR
Advisory Research
Chicago,
Illinois
|
-$16.8M |
| 2 |
HCM
HMI Capital Management
San Francisco,
California
|
-$6.24M |
| 3 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
-$5.16M |
| 4 |
HFA
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$2.97M |
| 5 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$2.86M |
SMC Hedge Fund Activity: Q2 2018 in Review
76 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q2 2018, worth a combined $506M — up 5.2% from $481M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SMC positions and 7 closed out — a net gain of 6 holders — while 22 added to existing stakes and 22 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $6.67M. The largest seller was Advisory Research, cutting an estimated $16.8M.
- 76 institutional investors held Summit Midstream (SMC) as of Q2 2018, up from 71 in Q1 2018.
- Funds reported $506M of Summit Midstream stock for Q2 2018, up 5.2% quarter-over-quarter.
- 13 funds opened new Summit Midstream positions in Q2 2018 and 7 closed out, a net change of +6 holders.
- The largest Summit Midstream buyer in Q2 2018 was OppenheimerFunds, an estimated $6.67M added.
- The largest Summit Midstream seller in Q2 2018 was Advisory Research, an estimated $16.8M sold.
Based on aggregated 13F filings for Q2 2018.