Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Hess Midstream LP (HESM)

282 + Investors. Track Smart Money conviction in HESM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
56%

Smart Money Signals — HESM

Based on 287 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their HESM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
287 hedge funds hold HESM right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +6% more funds vs a year ago

fund count last 6Q
+17 new funds entered over the past year (+6% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 56% buying

159 buying123 selling
Last quarter: 159 funds bought or added vs 123 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-20 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 40 → 51 → 63 → 43. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 24% medium ■ 24% new
148 out of 287 hedge funds have held HESM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

47 → 40 → 51 → 63 → 43 new funds/Q
New funds entering each quarter: 40 → 51 → 63 → 43. A growing number of institutions are discovering HESM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 61% veterans vs 26% newcomers

■ 61% veterans ■ 13% 1-2yr ■ 26% new
Entry-cohort mix of 294 holders: 180 (61%) are 2+ year veterans, 38 entered 1–2 years ago, and 76 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 41% AUM from top-100 funds

41% from top-100 AUM funds
42 of 286 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in HESM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — HESM

In 2026 Q2, 159 hedge funds were net buyers of HESM (43 opened a new position, 116 added to an existing one), while 123 reduced or exited (79 trimmed, 44 sold completely) — a 56% buyer ratio, indicating a slight buying edge. 41% of total institutional value in HESM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 287.

Hedge Fund Ownership: HESM

How many hedge funds hold HESM — quarterly history vs. share price
Quarterly hedge fund ownership of HESM vs. share price

Market Analysis: HESM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: HESM

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 3 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
4.5
/ 10
conviction
Hedge Fund Positioning: HESM
282 + Investors

Track Smart Money conviction in HESM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 282 288 -2.08%
13F Shares 110M 115M -4.65%
Total Value $4.09B $4.45B -8.06%
New Positions 42 63 -21
Increased Positions 113 100 +13
Closed Positions 47 40 +7
Reduced Positions 78 86 -8
Total Calls 4 3 33.33%
Total Puts 4 4 -
PUT/CALL Ratio 1.0 1.33 Neutral

Statistics: HESM

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Institutional Holders (2026 Q2)

282 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in HESM. Verified SEC 13F-HR filings.

QUARTER:
Top 25 HESM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Alps Advisors Inc 5.16% 29,254,074 $1.10B
2 Fractal Investments LLC 5.03% 1,160,420 $43.6M
3 Longfellow Investment Management Co LLC 4.38% 570,158 $21.4M
4 Heronetta Management, L.P. 3.19% 92,505 $3.5M
5 Tortoise Capital Advisors, L.L.C. 1.62% 4,236,214 $159.3M
6 GoodHaven Capital Management, LLC 1.58% 133,735 $5.0M
7 Miller Howard Investments Inc /Ny 1.55% 1,558,131 $58.6M
8 Infrastructure Capital Advisors, LLC 1.33% 604,561 $22.7M
9 Financial Sense Advisors, Inc. 1.07% 145,354 $5.5M
10 Eagle Global Advisors LLC 1.07% 858,576 $32.3M
11 Pinnacle Holdings, LLC 1.04% 89,460 $3.4M
12 Zimmer Partners, LP 0.86% 997,643 $37.5M
13 Corps Capital Advisors, LLC 0.74% 24,302 $914K
14 Penbrook Management LLC 0.72% 30,055 $1.1M
15 Spirit of America Management Corp/Ny 0.63% 88,337 $3.3M
16 Westover Capital Advisors, LLC 0.61% 96,913 $3.6M
17 Abacus FCF Advisors LLC 0.56% 81,071 $3.0M
18 Argyle Capital Partners, LLC 0.55% 23,246 $874K
19 Castellan Group 0.47% 113,021 $4.2M
20 Epoch Investment Partners, Inc. 0.42% 1,945,456 $73.1M
21 apricus wealth, LLC 0.39% 21,500 $808K
22 Westwood Holdings Group Inc 0.33% 1,170,092 $44.0M
23 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.32% 7,055,800 $265.3M
24 Millington Securities, LLC 0.31% 28,850 $1.1M
25 Kayne Anderson Capital Advisors LP 0.30% 411,563 $15.5M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Hess Midstream LP (HESM)

What does the Smart Money Trend signal show for HESM?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their HESM positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for HESM?

Slight buying edge — 56% buying: Last quarter: 159 funds bought or added vs 123 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for HESM holders?

Elite ownership — 41% AUM from top-100 funds: 42 of 286 holders are among the 100 largest funds by AUM, controlling 41% of total institutional value in HESM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held HESM?

52% of holders stayed for 2+ years: 148 out of 287 hedge funds have held HESM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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