DT MIDSTREAM INC DTM
COMMON STOCK · Common Stock · CUSIP 23345M107
- SectorUtilities
- IndustryNatural Gas Transmission
- HeadquartersDetroit, MI
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($67.4m this quarter). Holder counts are more reliable. Shares outstanding: 101.4m as of 2025-02-14, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $99.47. Options: 8 managers hold calls ($4.7m notional), 5 hold puts ($376.9k).
Trends to Q4 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 404 |
| Q4 2022 | 434 |
| Q1 2023 | 419 |
| Q2 2023 | 409 |
| Q3 2023 | 401 |
| Q4 2023 | 431 |
| Q1 2024 | 465 |
| Q2 2024 | 476 |
| Q3 2024 | 501 |
| Q4 2024 | 583 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2023 | 192 | 179 |
| Q2 2023 | 141 | 191 |
| Q3 2023 | 150 | 180 |
| Q4 2023 | 161 | 171 |
| Q1 2024 | 194 | 178 |
| Q2 2024 | 204 | 187 |
| Q3 2024 | 224 | 182 |
| Q4 2024 | 281 | 180 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $15.1m | $298.9k | 0.02 |
| Q2 2024 | $3.8m | $28.4k | 0.01 |
| Q3 2024 | $4.3m | $275.3k | 0.06 |
| Q4 2024 | $4.7m | $376.9k | 0.08 |
Biggest buyers
| Pacer Advisors, Inc. | Added | +2.0m |
| Blackstone Inc. | Added | +1.6m |
| CITADEL ADVISORS LLC | Added | +1.1m |
| Brookfield Corp /ON/ | Added | +898.2k |
| Zimmer Partners, LP | New | +750.0k |
| Aventail Capital Group, LP | New | +676.0k |
| EVENTIDE ASSET MANAGEMENT, LLC | New | +601.0k |
| WESTWOOD HOLDINGS GROUP INC | Added | +564.9k |
| Verition Fund Management LLC | Added | +404.5k |
| BANK OF MONTREAL /CAN/ | Added | +403.7k |
Biggest sellers
| Energy Income Partners, LLC | Reduced | -1.6m |
| JPMORGAN CHASE & CO | Reduced | -1.5m |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -695.9k |
| Mitsubishi UFJ Trust & Banking Corp | Reduced | -683.7k |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | Reduced | -495.4k |
| COOPERMAN LEON G | Sold out | -440.0k |
| CRAWFORD INVESTMENT COUNSEL INC | Reduced | -224.0k |
| Balyasny Asset Management L.P. | Sold out | -210.9k |
| FIRST TRUST ADVISORS LP | Reduced | -182.2k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -173.5k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.7m17.4k shares |
| JANE STREET GROUP, LLC | Reduced | $1.5m14.6k shares |
| CITADEL ADVISORS LLC | Reduced | $566.8k5.7k shares |
| Cubist Systematic Strategies, LLC | New | $477.3k4.8k shares |
| PEAK6 LLC | First filing | $328.1k3.3k shares |
| GROUP ONE TRADING LLC | New | $169.0k1.7k shares |
| SIMPLEX TRADING, LLC | Reduced | $19.0k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $268.5k2.7k shares |
| PEAK6 LLC | First filing | $89.5k900 shares |
| GROUP ONE TRADING LLC | Reduced | $9.9k100 shares |
| SIMPLEX TRADING, LLC | New | $9.0k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution +0.2 pts · filed 2025-10-03 | 10.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.8% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales in Q4 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q1 2023 | 1 | $1.9k | 0 | — | — |
| Q2 2023 | 4 | $472.4k | 0 | — | — |
| Q3 2023 | 3 | $24.3k | 0 | — | — |
| Q4 2023 | 3 | $22.4k | 0 | — | — |
| Q1 2024 | 3 | $91.6k | 0 | — | — |
| Q2 2024 | 3 | $31.3k | 0 | — | — |
| Q3 2024 | 3 | $21.1k | 0 | — | — |
| Q4 2024 | 2 | $6.3k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-10-17 | SKAGGS ROBERT C JR Director | Bought | $40 shares |
| 2024-10-14 | Tumminello Peter I Director | Bought | $6.3k73 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 10.6m $1.0bn | Added +359.0k |
| BlackRock, Inc. 0.02% of their portfolio | 10.5m $1.0bn | Added +29.4k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 3.7m $370.4m | Reduced -695.9k |
| STATE STREET CORP 0.01% of their portfolio | 3.4m $342.2m | Added +32.3k |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 3.3m $324.3m | Added +124.0k |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 2.8m $281.6m | Added +147.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.5m $243.9m | Added +386.7k |
| Pacer Advisors, Inc. 0.47% of their portfolio | 2.1m $213.1m | Added +2.0m |
| Brookfield Corp /ON/ 0.58% of their portfolio | 1.9m $192.6m | Added +898.2k |
| Blackstone Inc. 0.77% of their portfolio | 1.6m $162.2m | Added +1.6m |
| NEUBERGER BERMAN GROUP LLC 0.12% of their portfolio | 1.6m $156.4m | Reduced -29.4k |
| Invesco Ltd. 0.03% of their portfolio | 1.5m $147.9m | Added +294.6k |
| CITADEL ADVISORS LLC 0.12% of their portfolio | 1.4m $134.6m | Added +1.1m |
| TORTOISE CAPITAL ADVISORS, L.L.C. 1.65% of their portfolio | 1.3m $129.3m | Reduced -134.6k |
| NORGES BANK 0.02% of their portfolio | 1.2m $119.5m | Added +11.2k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 1.1m $113.7m | Reduced -13.5k |
| Capital Research Global Investors 0.02% of their portfolio | 1.1m $112.6m | Reduced -168 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.23% of their portfolio | 1.1m $109.9m | Reduced -11.7k |
| WESTWOOD HOLDINGS GROUP INC 0.83% of their portfolio | 1.1m $107.8m | Added +564.9k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $105.6m | Added +291.0k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.1m $104.6m | Reduced -13.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.1m $104.5m | Reduced -1.5m |
| FRANKLIN RESOURCES INC 0.03% of their portfolio | 1.0m $100.8m | Reduced -122.2k |
| REAVES W H & CO INC 2.57% of their portfolio | 981.9k $97.6m | Added +74.3k |
| Standard Investments LLC 5.35% of their portfolio | 965.0k $95.9m | Unchanged |
| MORGAN STANLEY 0.01% of their portfolio | 945.2k $94.0m | Reduced -13.7k |
| FMR LLC 0.00% of their portfolio | 791.5k $78.7m | Reduced -14.4k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 788.8k $78.4m | Reduced -182.2k |
| T. Rowe Price Investment Management, Inc. 0.05% of their portfolio | 786.4k $78.2m | Reduced -73.1k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 5.18% of their portfolio | 784.6k $78.0m | Reduced -43.0k |
| Energy Income Partners, LLC 1.56% of their portfolio | 764.6k $76.0m | Reduced -1.6m |
| Zimmer Partners, LP 1.29% of their portfolio | 750.0k $74.6m | New |
| KAYNE ANDERSON CAPITAL ADVISORS LP 1.59% of their portfolio | 678.5k $67.5m | Reduced -13.9k |
| Aventail Capital Group, LP 3.52% of their portfolio | 676.0k $67.2m | New |
| Verition Fund Management LLC 0.33% of their portfolio | 656.0k $65.2m | Added +404.5k |
| EVENTIDE ASSET MANAGEMENT, LLC 1.09% of their portfolio | 601.0k $59.8m | New |
| Mitsubishi UFJ Trust & Banking Corp 0.13% of their portfolio | 542.0k $53.9m | Reduced -683.7k |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 503.4k $50.1m | Added +78.2k |
| Focus Partners Wealth 0.06% of their portfolio | 487.5k $48.5m | Added +241.5k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 458.8k $45.6m | Added +403.7k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 445.7k $44.3m | Reduced -27.4k |
| EAGLE GLOBAL ADVISORS LLC 1.77% of their portfolio | 435.4k $43.3m | Added +108.0k |
| California Public Employees Retirement System 0.03% of their portfolio | 411.6k $40.9m | Added +232.1k |
| Point72 Asset Management, L.P. 0.11% of their portfolio | 410.3k $40.8m | Added +304.6k |
| CIBC Private Wealth Group LLC 0.08% of their portfolio | 402.7k $42.6m | Reduced -11.4k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.46% of their portfolio | 388.6k $38.6m | Added +117.5k |
| DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 1.97% of their portfolio | 345.5k $34.4m | Reduced -104.4k |
| Recurrent Investment Advisors LLC 3.10% of their portfolio | 339.5k $33.8m | Added +11.7k |
| CHICKASAW CAPITAL MANAGEMENT LLC 1.28% of their portfolio | 317.2k $31.5m | Added +14.6k |
| Bridgewater Associates, LP 0.13% of their portfolio | 294.3k $29.3m | Added +109.0k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 284.5k $28.3m | Reduced -2.6k |
| BARCLAYS PLC 0.01% of their portfolio | 283.4k $28.2m | Added +66 |
| Legal & General Group Plc 0.01% of their portfolio | 275.6k $27.4m | Reduced -15.0k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 266.7k $26.5m | Reduced -95.4k |
| UBS Group AG 0.01% of their portfolio | 248.2k $24.7m | Added +120.3k |
| Retirement Systems of Alabama 0.09% of their portfolio | 245.4k $24.4m | Reduced -9.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 244.3k $24.3m | Added +3.1k |
| PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio | 244.1k $24.3m | Reduced -346 |
| JENNISON ASSOCIATES LLC 0.01% of their portfolio | 232.2k $23.1m | Added +13.2k |
| MILLER HOWARD INVESTMENTS INC /NY 0.74% of their portfolio | 227.2k $22.6m | Added +34.1k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 223.3k $22.2m | Added +48.3k |
| Bahl & Gaynor LLC 0.11% of their portfolio | 216.0k $21.5m | New |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 215.8k $21.5m | Added +4.6k |
| Pictet Asset Management Holding SA 0.02% of their portfolio | 210.0k $20.9m | Added +197.4k |
| Yaupon Capital Management LP 1.27% of their portfolio | 202.4k $20.1m | New |
| Swiss National Bank 0.01% of their portfolio | 191.0k $19.0m | Added +1.4k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 187.1k $18.6m | Reduced -173.5k |
| ALPS ADVISORS INC 0.11% of their portfolio | 183.2k $18.2m | Reduced -16.5k |
| HENNESSY ADVISORS INC 0.52% of their portfolio | 176.3k $17.5m | Added +10.4k |
| TWO SIGMA ADVISERS, LP 0.04% of their portfolio | 168.6k $16.8m | Added +84.8k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 164.9k $16.4m | Added +35.0k |
| Clearbridge Investments, LLC 0.01% of their portfolio | 159.7k $15.9m | Unchanged |
| Gotham Asset Management, LLC 0.15% of their portfolio | 154.1k $15.3m | Added +2.8k |
| CRAWFORD INVESTMENT COUNSEL INC 0.26% of their portfolio | 143.1k $14.2m | Reduced -224.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 133.2k $13.2m | Added +19.3k |
| Catalyst Capital Advisors LLC 0.28% of their portfolio | 130.8k $13.0m | Unchanged |
| Burkehill Global Management, LP 1.18% of their portfolio | 125.0k $12.4m | First filing |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.03% of their portfolio | 122.3k $12.2m | Reduced -100 |
| EXCHANGE TRADED CONCEPTS, LLC 0.24% of their portfolio | 117.6k $11.7m | Reduced -7.9k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 114.3k $11.4m | Added +973 |
| Baird Financial Group, Inc. 0.02% of their portfolio | 113.0k $11.2m | Reduced -7.7k |
| Covalis Capital LLP 1.63% of their portfolio | 112.0k $11.1m | Reduced -122.8k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 112.0k $11.1m | Added +7.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 111.3k $11.1m | Reduced -5.6k |
| Waratah Capital Advisors Ltd. 0.61% of their portfolio | 110.0k $10.9m | New |
| Corebridge Financial, Inc. 0.06% of their portfolio | 109.9k $10.9m | Reduced -4.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 109.1k $10.8m | Added +5.5k |
| Sourcerock Group LLC 0.71% of their portfolio | 100.0k $9.9m | New |
| Fractal Investments LLC 1.51% of their portfolio | 99.3k $9.9m | Added +64.4k |
| TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio | 94.8k $9.4m | Reduced -44.3k |
| Freestone Grove Partners LP 0.12% of their portfolio | 94.7k $9.4m | First filing |
| Ancora Advisors LLC 0.20% of their portfolio | 91.7k $9.1m | Reduced -39.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 90.8k $9.0m | Reduced -1.1k |
| Connor, Clark & Lunn Investment Management Ltd. 0.04% of their portfolio | 90.0k $8.9m | Added +6.9k |
| Walleye Capital LLC 0.08% of their portfolio | 88.1k $8.8m | Added +84.5k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 87.3k $8.7m | Added +2.4k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 86.2k $8.6m | First filing |
| Maryland State Retirement & Pension System 0.18% of their portfolio | 85.7k $8.5m | Reduced -1.9k |
| LPL Financial LLC 0.00% of their portfolio | 81.6k $8.1m | Added +15.7k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 79.7k $7.9m | Reduced -1.3k |