Summit Midstream
SMC
72 hedge funds and large institutions have $293M invested in Summit Midstream in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 20 increasing their positions, 23 reducing their positions, and 16 closing their positions.
0% more funds holding
Funds holding: 72 → 72 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
3.5% less ownership
Funds ownership: 43.23% → 39.74% (-3.5%)
13% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 23
31% less capital inflows, than outflows
Capital inflows: $83.2M | Capital outflows: $121M
47% less call options, than puts
Call options by funds: $564K | Put options by funds: $1.06M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OppenheimerFunds
New York
|
+$52.1M |
| 2 |
Goldman Sachs
New York
|
+$12.5M |
| 3 |
Brookfield Corp
Toronto,
Ontario, Canada
|
+$5.14M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$4.32M |
| 5 |
JP Morgan Chase
New York
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harvest Fund Advisors
Wayne,
Pennsylvania
|
-$31.6M |
| 2 |
HMI Capital Management
San Francisco,
California
|
-$27.8M |
| 3 |
NXG Investment Management
Dallas,
Texas
|
-$16.8M |
| 4 |
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$11.5M |
| 5 |
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$7.04M |
SMC Hedge Fund Activity: Q4 2018 in Review
72 of the 4,506 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q4 2018, worth a combined $293M — down 35% from $454M a quarter earlier.
Fund positioning in SMC was balanced in Q4 2018: 16 funds opened new positions, 16 closed out, 20 added to existing stakes and 23 trimmed.
The largest buyer was OppenheimerFunds, adding an estimated $52.1M. The largest seller was Harvest Fund Advisors, exiting entirely with an estimated $31.6M sold.
- 72 institutional investors held Summit Midstream (SMC) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $293M of Summit Midstream stock for Q4 2018, down 35% quarter-over-quarter.
- 16 funds opened new Summit Midstream positions in Q4 2018 and 16 closed out, a net change of 0 holders.
- The largest Summit Midstream buyer in Q4 2018 was OppenheimerFunds, an estimated $52.1M added.
- The largest Summit Midstream seller in Q4 2018 was Harvest Fund Advisors, an estimated $31.6M sold.
Based on aggregated 13F filings for Q4 2018.