Summit Midstream
SMC
26 hedge funds and large institutions have $65.1M invested in Summit Midstream in 2021 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 8 closing their positions.
24% more capital invested
Capital invested by funds: $52.4M → $65.1M (+$12.7M)
4.65% less ownership
Funds ownership: 36.38% → 31.74% (-4.6%)
7% less funds holding
Funds holding: 28 → 26 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LMGAM
Liberty Mutual Group Asset Management
Boston,
Massachusetts
|
+$3.6M |
| 2 |
Goldman Sachs
New York
|
+$2.15M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$239K |
| 4 |
Citigroup
New York
|
+$222K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.41M |
| 2 |
NI
NYL Investors
New York
|
-$1.79M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$859K |
| 4 |
B
Barings
Charlotte,
North Carolina
|
-$839K |
| 5 |
WFI
West Family Investments
Carlsbad,
California
|
-$527K |
SMC Hedge Fund Activity: Q2 2021 in Review
26 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q2 2021, worth a combined $65.1M — up 24% from $52.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SMC and 6 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 2 added.
The largest buyer was Liberty Mutual Group Asset Management, opening a new position worth an estimated $3.6M. The largest seller was Ameriprise, exiting entirely with an estimated $4.41M sold.
- 26 institutional investors held Summit Midstream (SMC) as of Q2 2021, down from 28 in Q1 2021.
- Funds reported $65.1M of Summit Midstream stock for Q2 2021, up 24% quarter-over-quarter.
- 6 funds opened new Summit Midstream positions in Q2 2021 and 8 closed out, a net change of -2 holders.
- The largest Summit Midstream buyer in Q2 2021 was Liberty Mutual Group Asset Management, an estimated $3.6M added.
- The largest Summit Midstream seller in Q2 2021 was Ameriprise, an estimated $4.41M sold.
Based on aggregated 13F filings for Q2 2021.