Hess Midstream LP - Class A Shares Representing Limited Partner Interests (HESM) Institutional Ownership

13F Institutional Holders and Ownership History from Q4 2019 to Q4 2025

Type / Class
Equity / Class A Shares Representing Limited Partner Interests
Symbol
HESM on NYSE
Shares outstanding
129,389,799
Price per share
$35.99
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
118,070,528
Total reported value
$4,073,395,996
% of total 13F portfolios
0.01%
Share change
+1,484,931
Value change
+$51,000,604
Number of holders
265
Price from insider filings
$35.99
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of Hess Midstream LP - Class A Shares Representing Limited Partner Interests (HESM) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Hess Investments North Dakota LLC 38% 0% $3,008,361,030 -$26,590,110 78,732,296 -0.88% Hess Investments North Dakota LLC 08 Aug 2025
Global Infrastructure Investors II, LLC 23% $1,211,270,148 31,234,403 GIP II Blue Holding, L.P. 13 Jan 2025
ALPS ADVISORS INC 23% +82% $1,090,608,245 +$36,272,378 30,303,091 +3.4% ALPS Advisors, Inc. 31 Dec 2025
GOLDMAN SACHS ASSET MANAGEMENT, L.P. 6.4% $287,919,972 8,333,429 Goldman Sachs Asset Management, L.P. 30 Sep 2025
Invesco Ltd. 5.1% $229,908,016 6,619,868 Invesco Ltd. 31 Dec 2025
Harvest Fund Advisors LLC 5.1% +32% $226,733,867 +$52,517,942 6,528,473 +30% Harvest Fund Advisors LLC 09 Feb 2026
BlackRock Portfolio Management LLC 0.3% -97% $14,317,344 -$594,350,215 367,394 -98% BlackRock Portfolio Management LLC 28 May 2025

As of 31 Dec 2025, 265 institutional investors reported holding 118,070,528 shares of Hess Midstream LP - Class A Shares Representing Limited Partner Interests (HESM). This represents 91% of the company’s total 129,389,799 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of Hess Midstream LP - Class A Shares Representing Limited Partner Interests (HESM) together control 74% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
ALPS ADVISORS INC 23% 30,303,091 +3.4% 6.1% $1,045,456,640
GOLDMAN SACHS GROUP INC 7% 9,081,184 +3.8% 0.04% $313,300,847
Invesco Ltd. 5.1% 6,619,868 +11% 0.04% $228,385,447
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 5% 6,422,376 +18% 0.33% $221,571,972
TORTOISE CAPITAL ADVISORS, L.L.C. 3.4% 4,421,856 -5.8% 1.9% $152,554,033
Blackstone Inc. 2.8% 3,647,075 +0.06% 0.55% $125,824,088
ADAGE CAPITAL PARTNERS GP, L.L.C. 2.1% 2,675,000 0.14% $92,287,500
TD Asset Management Inc 2% 2,626,438 +10% 0.07% $90,612,111
Epoch Investment Partners, Inc. 1.9% 2,500,598 +12% 0.49% $86,270,632
NEUBERGER BERMAN GROUP LLC 1.7% 2,263,966 +76% 0.06% $78,106,620
Bank of New York Mellon Corp 1.7% 2,239,995 +21% 0.01% $77,279,846
UBS Group AG 1.6% 2,038,226 +3.5% 0.01% $70,318,798
FMR LLC 1.4% 1,817,368 +460% 0% $62,699,196
WESTWOOD HOLDINGS GROUP INC 1.4% 1,789,190 -15% 0.5% $61,727,055
MORGAN STANLEY 1.4% 1,778,659 -4.9% 0% $61,363,753
JPMORGAN CHASE & CO 1.3% 1,738,689 -23% 0% $59,984,771
EAGLE GLOBAL ADVISORS LLC 1.3% 1,672,776 -11% 2.1% $57,710,772
KAYNE ANDERSON CAPITAL ADVISORS LP 1.3% 1,645,618 +21% 1.3% $56,773,822
Clearbridge Investments, LLC 1.3% 1,644,985 +0.96% 0.05% $56,751,983
CI INVESTMENTS INC. 1.2% 1,572,170 +0.16% 0.24% $54,239,865
MILLER HOWARD INVESTMENTS INC /NY 1.1% 1,446,315 -4% 1.5% $49,897,874
INFRASTRUCTURE CAPITAL ADVISORS, LLC 1.1% 1,381,016 -1.7% 5.2% $47,645,052
CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 1% 1,357,200 -41% 2.7% $46,823,400
CIBC Private Wealth Group LLC 1% 1,336,810 -21% 0.08% $46,119,945
Fractal Investments LLC 0.92% 1,185,220 0% 5.7% $40,890,090

Institutional Holders of Hess Midstream LP - Class A Shares Representing Limited Partner Interests (HESM) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 118,070,528 $4,073,395,996 +$51,000,604 $34.50 265
2025 Q3 116,957,173 $4,040,941,566 +$87,758,301 $34.55 265
2025 Q2 114,029,928 $4,391,322,721 +$188,437,475 $38.51 270
2025 Q1 108,532,591 $4,602,268,900 +$562,363,360 $42.29 272
2024 Q4 95,792,953 $3,548,289,818 +$37,469,964 $37.03 269
2024 Q3 94,098,655 $3,318,544,187 +$371,992,914 $35.27 252
2024 Q2 83,672,846 $3,049,249,661 +$366,345,502 $36.44 241
2024 Q1 69,773,868 $2,520,693,198 +$412,893,887 $36.13 219
2023 Q4 61,561,108 $1,947,232,853 +$58,791,547 $31.63 212
2023 Q3 59,793,839 $1,742,352,200 +$300,809,249 $29.13 195
2023 Q2 49,101,776 $1,506,254,913 +$361,219,714 $30.68 169
2023 Q1 37,708,648 $1,091,066,163 -$6,295,165 $28.94 151
2022 Q4 37,891,303 $1,133,407,195 -$23,919,575 $29.92 157
2022 Q3 38,554,851 $983,910,877 +$3,307,398 $25.52 151
2022 Q2 38,355,629 $1,073,938,420 -$50,553,084 $28.00 150
2022 Q1 40,032,961 $1,200,249,540 +$486,875,783 $30.00 167
2021 Q4 23,771,546 $656,816,887 +$186,520,741 $27.63 115
2021 Q3 16,922,455 $477,392,145 -$31,172,645 $28.21 94
2021 Q2 17,864,601 $451,050,920 +$32,485,151 $25.25 91
2021 Q1 16,822,281 $377,145,106 +$134,863,289 $22.42 92
2020 Q4 10,892,543 $213,338,933 -$5,517,627 $19.57 70
2020 Q3 11,220,735 $169,431,000 -$16,458,863 $15.10 67
2020 Q2 12,271,871 $224,812,000 +$26,143,118 $18.32 67
2020 Q1 11,112,267 $112,888,000 -$12,004,615 $10.16 60
2019 Q4 11,823,719 $268,154,000 +$268,152,000 $22.68 70