Summit Midstream
SMC
32 hedge funds and large institutions have $27.6M invested in Summit Midstream in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 11 closing their positions.
78% more capital invested
Capital invested by funds: $15.5M → $27.6M (+$12.1M)
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
3% less funds holding
Funds holding: 33 → 32 (-1)
Top Buyers
| 1 |
AM
Ares Management
Los Angeles,
California
|
+$4.02M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.8M |
| 3 |
CC
Clearline Capital
New York
|
+$1.59M |
| 4 |
NI
NYL Investors
New York
|
+$976K |
| 5 |
B
Barings
Charlotte,
North Carolina
|
+$758K |
Top Sellers
SMC Hedge Fund Activity: Q4 2020 in Review
32 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q4 2020, worth a combined $27.6M — up 78% from $15.5M a quarter earlier.
Fund positioning in SMC was balanced in Q4 2020: 11 funds opened new positions, 11 closed out, 7 added to existing stakes and 5 trimmed.
The largest buyer was Ares Management, opening a new position worth an estimated $4.02M. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $1.38M.
- 32 institutional investors held Summit Midstream (SMC) as of Q4 2020, down from 33 in Q3 2020.
- Funds reported $27.6M of Summit Midstream stock for Q4 2020, up 78% quarter-over-quarter.
- 11 funds opened new Summit Midstream positions in Q4 2020 and 11 closed out, a net change of 0 holders.
- The largest Summit Midstream buyer in Q4 2020 was Ares Management, an estimated $4.02M added.
- The largest Summit Midstream seller in Q4 2020 was Kayne Anderson Capital Advisors, an estimated $1.38M sold.
Based on aggregated 13F filings for Q4 2020.