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SMC

Summit Midstream
SMC

31 hedge funds and large institutions have $96.8M invested in Summit Midstream in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more call options, than puts

Call options by funds: $250K | Put options by funds: $188K

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

21% more capital invested

Capital invested by funds: $80.1M → $96.8M (+$16.7M)

3% more funds holding

Funds holding: 30 → 31 (+1)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0% more repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 7

Holders
31
Holders Change
+1
Holders Change %
+3.33%
% of All Funds
0.45%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
9
Increased
7
Reduced
7
Closed
7
Calls
$250K
Puts
$188K
Net Calls
+$62K
Net Calls Change
-$222K

Top Buyers

1
Invesco
Invesco
Georgia
+$803K
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$605K
3
Citadel Advisors
Citadel Advisors
Florida
+$508K
4
EGA
Eagle Global Advisors
Texas
+$355K
5
Morgan Stanley
Morgan Stanley
New York
+$347K

Top Sellers

1
CU
CQS (US)
New York
-$6.88M
2
SCM
Shenkman Capital Management
New York
-$5.8M
3
Nomura Holdings
Nomura Holdings
Japan
-$3.98M
4
Nomura Asset Management
Nomura Asset Management
Japan
-$2.7M
5
JP Morgan Chase
JP Morgan Chase
New York
-$567K
Name Holding Trade Value Shares
Change 		Change in
Stake
Invesco
1
Invesco
Georgia
$26.8M +$803K +43,000 +5%
SCM
2
Shenkman Capital Management
New York
$16.4M -$5.8M -310,246 -35%
Bank of America
3
Bank of America
North Carolina
$12M -$171K -9,171 -2%
AM
4
Ares Management
California
$9.58M -$566K -30,281 -8%
Goldman Sachs
5
Goldman Sachs
New York
$8.18M +$26.6K +1,424 +0.5%
JP Morgan Chase
6
JP Morgan Chase
New York
$7.03M -$567K -30,361 -11%
VFA
7
Virtus Fund Advisers
Connecticut
$3.04M – – –
LMGAM
8
Liberty Mutual Group Asset Management
Massachusetts
$2.38M – – –
FCM
9
Farallon Capital Management
California
$1.63M – – –
Blackstone Inc
10
Blackstone Inc
New York
$1.63M – – –
Morgan Stanley
11
Morgan Stanley
New York
$1.44M +$347K +18,572 +57%
Wells Fargo
12
Wells Fargo
California
$1.34M +$93K +4,977 +12%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$909K +$605K +32,382 New
Citadel Advisors
14
Citadel Advisors
Florida
$763K +$508K +27,180 New
EGA
15
Eagle Global Advisors
Texas
$533K +$355K +18,976 New
Belvedere Trading
16
Belvedere Trading
Illinois
$423K +$282K +15,083 New
VFA
17
Valeo Financial Advisors
Indiana
$421K – – –
PHS
18
Pekin Hardy Strauss
Illinois
$406K +$28K +1,500 +12%
Cetera Investment Advisers
19
Cetera Investment Advisers
Illinois
$396K +$263K +14,095 New
CA
20
Cetera Advisors
Colorado
$377K +$8.41K +450 +3%
Mariner
21
Mariner
Kansas
$363K +$242K +12,948 New
AUIM
22
Aegon USA Investment Management
Iowa
$346K -$264K -14,129 -53%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$197K -$242K -12,956 -65%
Simplex Trading
24
Simplex Trading
Illinois
$122K +$68.1K +3,645 +501%
Acadian Asset Management
25
Acadian Asset Management
Massachusetts
$53K – – –
1
2

SMC Hedge Fund Activity: Q1 2024 in Review

31 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Summit Midstream (SMC) for Q1 2024, worth a combined $96.8M — up 21% from $80.1M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new SMC positions and 7 closed out — a net gain of 2 holders — while 7 added to existing stakes and 7 trimmed.

The largest buyer was Invesco, adding an estimated $803K. The largest seller was CQS (US), exiting entirely with an estimated $6.88M sold.

  • 31 institutional investors held Summit Midstream (SMC) as of Q1 2024, up from 30 in Q4 2023.
  • Funds reported $96.8M of Summit Midstream stock for Q1 2024, up 21% quarter-over-quarter.
  • 9 funds opened new Summit Midstream positions in Q1 2024 and 7 closed out, a net change of +2 holders.
  • The largest Summit Midstream buyer in Q1 2024 was Invesco, an estimated $803K added.
  • The largest Summit Midstream seller in Q1 2024 was CQS (US), an estimated $6.88M sold.

Based on aggregated 13F filings for Q1 2024.