Global X Management CO LLC Acquires 5.5% Stake in Hess Midstream LP (HESM)

Global X Management Company LLC (GXMC) filed a Schedule 13G on May 15, 2026, reporting a new 5.5% stake in Hess Midstream LP (HESM). As of the event date on March 31, 2026, the investment adviser beneficially owns 7,058,116 Class A shares representing limited partner interests. According to the filing, GXMC holds sole voting and dispositive power over the entirety of these shares. This position represents a significant increase from a previously reported zero holding, crossing the 5% threshold that triggers public disclosure. The filing indicates that the securities were acquired in the ordinary course of business and are not held for the purpose of changing or influencing the control of the issuer. Certain registered investment companies managed by GXMC maintain the right to receive dividends and proceeds from the sale of these securities. The reporting person is a Delaware limited liability company based in New York.