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sellModerate

BlackRock Portfolio Management LLC sold $430M of HESM

owner at Hess Midstream LP. 11,000,000 shares at an average of $39.11, traded Feb 12, 2025, filed Feb 13, 2025.

Warning score
57
Value
$430M
11,000,000 shares
Holdings after
0
-100% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    10% owner
    +12
  • Trade size
    $430.2M at market
    +25
  • Share of holdings sold
    Sold 100% of holdings
    +20
  • Cluster
    No other insider selling within 14 days
    0

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

HESMOct 9, 2026 · close 32.26
Since filing Feb 13, 2025: -8.0%SPY +30.2% · excess -38.2%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0000950170-25-019938, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Feb 12, 2025JOther
Class B Sharesindirect: See footnote
-11,000,000$0.00$019,336,403Feb 13, 2025
Feb 12, 2025CConversion
Class A Sharesindirect: See footnote
+11,000,000$0.00$011,000,000Feb 13, 2025
Feb 12, 2025SOpen-market sale
Class A Sharesindirect: See footnote
-11,000,000$39.11$430M0Feb 13, 2025
Feb 12, 2025CConversion
Opco Class B Unitsderivativeindirect: See footnote
-11,000,000$0.00$019,336,403Feb 13, 2025

Related signals

Other insiders at Hess Midstream LP and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
65Notable
HESMsell
Hess Midstream LP
John A. Gatling
President and COO
$2.6M
62,457 shares
-100%
54Moderate
HESMsell 2
Hess Midstream LP
Geurt G Schoonman
director
$127k
3,249 shares
-100%
65Notable
HESMsell 2
Hess Midstream LP
BlackRock Portfolio Management LLC
owner
$554M
15,022,517 shares
-100%
14Weak
HESMsell
Hess Midstream LP
John A. Gatling
President and COO
$85k
2,087 shares
-3%
57Moderate
HESMsell
Hess Midstream LP
BlackRock Portfolio Management LLC
owner
$65M
1,650,000 shares
-100%
26Weak
HESMsell
Hess Midstream LP
Jonathan C. Stein
Chief Financial Officer
$280k
7,923 shares
-12%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

BlackRock Portfolio Management LLC sold $430M of HESM | InsiderTell