Summit Midstream
SMC
35 hedge funds and large institutions have $11.7M invested in Summit Midstream in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 16 closing their positions.
26% less funds holding
Funds holding: 47 → 35 (-12)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
63% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 16
84% less capital invested
Capital invested by funds: $74.1M → $11.7M (-$62.4M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $99K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$423K |
| 2 |
JP Morgan Chase
New York
|
+$308K |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$199K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$148K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$130K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BPSG
Brookfield Public Securities Group
New York
|
-$3.98M |
| 2 |
Cohen & Steers
New York
|
-$1.32M |
| 3 |
Morgan Stanley
New York
|
-$797K |
| 4 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$691K |
| 5 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$625K |
SMC Hedge Fund Activity: Q1 2020 in Review
35 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q1 2020, worth a combined $11.7M — down 84% from $74.1M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of SMC and 6 opened new positions — a net loss of 10 holders — while 13 trimmed existing stakes and 7 added.
The largest buyer was Texas Yale Capital Corp, opening a new position worth an estimated $423K. The largest seller was Brookfield Public Securities Group, cutting an estimated $3.98M.
- 35 institutional investors held Summit Midstream (SMC) as of Q1 2020, down from 47 in Q4 2019.
- Funds reported $11.7M of Summit Midstream stock for Q1 2020, down 84% quarter-over-quarter.
- 6 funds opened new Summit Midstream positions in Q1 2020 and 16 closed out, a net change of -10 holders.
- The largest Summit Midstream buyer in Q1 2020 was Texas Yale Capital Corp, an estimated $423K added.
- The largest Summit Midstream seller in Q1 2020 was Brookfield Public Securities Group, an estimated $3.98M sold.
Based on aggregated 13F filings for Q1 2020.