Hess Midstream LP (HESM) Hedge Fund Ownership (Q1 2026)

Q: Is it too late to buy Hess Midstream LP (HESM) following the 2026 Q2 hedge fund 13F filings?

As of today, HESM has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLE sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), HESM gained +5.8% vs +15.0% for XLE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Hess Midstream LP (HESM)

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

Smart Money Signals — HESM

Based on 287 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds added HESM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

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 — +5% more funds vs a year ago

fund count last 6Q

+13 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟡

Slight buying edge — 56% buying

164 buying130 selling

Last quarter: 164 funds bought or added vs 130 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.

📈

More new buyers each quarter (+13 vs last Q)

new funds entering per quarter

Funds opening a new HESM position: 46 → 40 → 50 → 63. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

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

46 → 46 → 40 → 50 → 63 new funds/Q

New funds entering each quarter: 46 → 40 → 50 → 63. A growing number of institutions are discovering HESM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 60% veterans vs 26% newcomers

■ 60% veterans ■ 14% 1-2yr ■ 26% new

Entry-cohort mix of 293 holders: 177 (60%) are 2+ year veterans, 40 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.

✅

Strong quality — 32% AUM from major funds

32% from top-100 AUM funds

41 of 286 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

3.7

out of 10

Low Exit Risk

Exit risk score 3.7/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	285	265	7.55%
13F Shares	115M	119M	-3.22%
Total Value	$4.45B	$4.09B	8.66%
New Positions	62	50	+12
Increased Positions	100	89	+11
Closed Positions	42	47	-5
Reduced Positions	85	93	-8
Total Calls	3	4	-25.0%
Total Puts	4	4	-
PUT/CALL Ratio	1.33	1.0	Bearish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

285

265

7.55%

13F Shares

115M

119M

-3.22%

Total Value

$4.45B

$4.09B

8.66%

New Positions

+12

Increased Positions

100

+11

Closed Positions

-5

Reduced Positions

-8

Total Calls

-25.0%

Total Puts

PUT/CALL Ratio

1.33

1.0

Bearish

Institutional Holders (2026 Q2)

285 + 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:

2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 HESM holders by conviction (% of portfolio weight) — 2026 Q1 · 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	GoodHaven Capital Management, LLC	1.58%	133,735	$5.0M
6	Miller Howard Investments Inc /Ny	1.55%	1,558,131	$58.6M
7	Infrastructure Capital Advisors, LLC	1.33%	604,561	$22.7M
8	Eagle Global Advisors LLC	1.07%	858,576	$32.3M
9	Pinnacle Holdings, LLC	1.04%	89,460	$3.4M
10	Corps Capital Advisors, LLC	0.74%	24,302	$914K
11	Penbrook Management LLC	0.72%	30,055	$1.1M
12	Spirit of America Management Corp/Ny	0.63%	88,337	$3.3M
13	Westover Capital Advisors, LLC	0.61%	96,913	$3.6M
14	Abacus FCF Advisors LLC	0.56%	81,071	$3.0M
15	Argyle Capital Partners, LLC	0.55%	23,246	$874K
16	Castellan Group	0.47%	113,021	$4.2M
17	Epoch Investment Partners, Inc.	0.42%	1,945,456	$73.1M
18	apricus wealth, LLC	0.39%	21,500	$808K
19	Millington Securities, LLC	0.31%	28,850	$1.1M
20	Kayne Anderson Capital Advisors LP	0.30%	411,563	$15.5M
21	American Financial Group Inc	0.29%	22,000	$827K
22	Gilman Hill Asset Management, LLC	0.26%	50,855	$1.9M
23	Wbi Investments, LLC	0.26%	27,599	$1.0M
24	Cooper Investors Pty Ltd	0.23%	13,223	$497K
25	Arrow Investment Advisors, LLC	0.20%	5,594	$210K

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?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added HESM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for HESM?

Slight buying edge — 56% buying: Last quarter: 164 funds bought or added vs 130 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?

Strong quality — 32% AUM from major funds: 41 of 286 holders rank in the top 100 by AUM, accounting for 32% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

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.

Is it too late to buy Hess Midstream LP (HESM) following the 2026 Q2 hedge fund 13F filings?

As of today, HESM has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the XLE sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), HESM has gained +5.8% vs +15.0% for XLE. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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Hess Midstream LP (HESM)

Smart Money Signals — HESM

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Steady growth — +5% more funds vs a year ago

Slight buying edge — 56% buying

More new buyers each quarter (+13 vs last Q)

52% of holders stayed for 2+ years

Growing discovery — still being found

Veteran-anchored — 60% veterans vs 26% newcomers

Strong quality — 32% AUM from major funds

Institutional Sentiment Summary — HESM

Hedge Fund Ownership: HESM

Market Analysis: HESM

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: HESM

Is It Too Late to Buy Hess Midstream LP (HESM) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: HESM

Statistics: HESM

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Hess Midstream LP (HESM)

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