Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in HESM held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | ALPS ADVISORS INC | 30.9M | $1.20B | +1.9% | 14.819% | 5.65% |
| 2 | GOLDMAN SACHS GROUP INC | 7.9M | $309.0M | -12.5% | 3.815% | 0.04% |
| 3 | Blackstone Inc | 7.8M | $302.0M | +113.0% | 3.728% | 1.25% |
| 4 | Invesco Ltd. | 7.2M | $279.2M | +8.5% | 3.447% | 0.04% |
| 5 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 7.1M | $274.7M | +10.0% | 3.391% | 0.37% |
| 6 | TORTOISE CAPITAL ADVISORS, L.L.C. | 4.5M | $173.6M | +1.0% | 2.144% | 1.81% |
| 7 | Bank of New York Mellon Corp | 3.8M | $145.8M | +67.5% | 1.800% | 0.03% |
| 8 | TD ASSET MANAGEMENT INC | 2.2M | $85.6M | -16.2% | 1.056% | 0.07% |
| 9 | Epoch Investment Partners, Inc. | 2.1M | $80.9M | -16.8% | 0.999% | 0.49% |
| 10 | Neuberger Berman Group LLC | 2.0M | $76.8M | -12.7% | 0.948% | 0.06% |
| 11 | UBS Group AG | 2.0M | $76.3M | -3.6% | 0.942% | 0.01% |
| 12 | FMR LLC | 1.7M | $67.2M | -4.9% | 0.829% | 0.00% |
| 13 | MORGAN STANLEY | 1.7M | $66.9M | -3.3% | 0.826% | 0.00% |
| 14 | Clearbridge Investments, LLC | 1.7M | $66.4M | +3.8% | 0.819% | 0.06% |
| 15 | CI INVESTMENTS INC. | 1.6M | $60.3M | -1.3% | 0.745% | 0.29% |
| 16 | KAYNE ANDERSON CAPITAL ADVISORS LP | 1.5M | $58.7M | -8.2% | 0.725% | 1.13% |
| 17 | MILLER HOWARD INVESTMENTS INC /NY | 1.5M | $58.0M | +3.1% | 0.716% | 1.59% |
| 18 | WESTWOOD HOLDINGS GROUP INC | 1.3M | $51.0M | -26.7% | 0.629% | 0.37% |
| 19 | Fractal Investments LLC | 1.2M | $46.1M | 0.0% | 0.569% | 5.45% |
| 20 | ADAGE CAPITAL PARTNERS GP, L.L.C. | 1.1M | $41.8M | -59.8% | 0.516% | 0.06% |
| 21 | LAZARD ASSET MANAGEMENT LLC | 1.1M | $41.6M | +1110.7% | 0.513% | 0.07% |
| 22 | FIRST TRUST ADVISORS LP | 959K | $37.3M | +34.9% | 0.460% | 0.03% |
| 23 | Nearwater Capital Markets, Ltd | 900K | $35.0M | β | 0.432% | 0.83% |
| 24 | BlackRock, Inc. | 892K | $34.7M | +2.2% | 0.428% | 0.00% |
| 25 | EAGLE GLOBAL ADVISORS LLC | 858K | $33.3M | -48.7% | 0.411% | 1.20% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in HESM β a direct measure of their conviction.
Filings activity in HESM during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new HESM position in Q1 2026
Institutions that fully closed their HESM position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 281 | +6.4% | 55.23% | +4.87 pp | $4.43B | +9.7% |
| Q4 2025 | 264 | +2.7% | 50.36% | 0.49 pp | $4.04B | 1.0% |
| Q3 2025 | 257 | 4.8% | 50.85% | 1.25 pp | $4.08B | 2.4% |
| Q2 2025 | 270 | +0.0% | 52.10% | 3.61 pp | $4.18B | 6.5% |
| Q1 2025 | 270 | +3.4% | 55.71% | +13.19 pp | $4.47B | +31% |
| Q4 2024 | 261 | +6.1% | 42.52% | +3.39 pp | $3.41B | +8.7% |
| Q3 2024 | 246 | +4.2% | 39.13% | +2.85 pp | $3.14B | +7.8% |
| Q2 2024 | 236 | β | 36.28% | β | $2.91B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying HESM stock.
Based on Q1 2026 13F filings, institutional ownership of Hess Midstream LP stands at 55.2%, held across 281 reporting institutions.
ALPS ADVISORS INC is the largest reported institutional holder of HESM, with approximately 30,880,193 shares worth $1.20B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of HESM.
Our composite Smart Money Score for HESM is 49 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
64 institutions opened new positions in HESM during Q1 2026, while 47 fully exited. 163 added to existing positions and 54 trimmed.
HESM institutional ownership rose by 4.87 percentage points quarter-over-quarter, with a net change of +17 holders.
The top 10 institutions account for 66.1% of all reported 13F value in HESM, and the top 25 account for 83.6%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Hess Midstream LP (HESM) Institutional Ownership