Jefferies Financial Group Sells Stake in Hess Midstream Partners

Investment firm reduces holdings in midstream energy company by nearly 47%

Mar. 11, 2026 at 10:19am

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Jefferies Financial Group Inc. decreased its stake in Hess Midstream Partners LP (NYSE:HESM) by 46.9% in the third quarter, according to a recent SEC filing. The institutional investor sold 70,148 shares, leaving it with 79,560 shares of the midstream energy company's stock valued at $2.75 million.

Why it matters

This transaction reflects broader shifts in institutional investment strategies around midstream energy companies like Hess Midstream Partners, which operate critical oil and gas infrastructure. Jefferies' decision to reduce its position could signal broader market trends or concerns about the company's outlook.

The details

According to the 13F filing, Jefferies Financial Group sold 70,148 shares of Hess Midstream Partners, reducing its total holdings in the company by 46.9%. The investment firm now owns 79,560 shares of the midstream energy company's stock, valued at $2.75 million as of the most recent SEC reporting period.

  • Jefferies Financial Group decreased its Hess Midstream Partners holdings in the third quarter of 2026.

The players

Jefferies Financial Group Inc.

A global investment banking firm that provides a full range of investment banking, advisory, sales and trading, research, and asset and wealth management services.

Hess Midstream Partners LP

A midstream energy partnership that owns, operates, and develops crude oil, natural gas, and produced water infrastructure in the Williston Basin, primarily serving producers in North Dakota and Montana's Bakken Shale region.

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The takeaway

This transaction highlights the evolving landscape of institutional investment in the midstream energy sector, as firms like Jefferies reevaluate their positions in response to market conditions and strategic priorities. The reduced stake in Hess Midstream Partners could signal broader shifts in how investors view the company's outlook and the broader midstream industry.