SWStonkWhisper

HES Dark Pool Activity

ATS off-exchange volume intelligence · Week of 2025-07-14

DP Shares
2.9M
Notional Value
$425.9M
WoW Change
-36.8%

HES dark pool volume for the week of 2025-07-14: 2.9M shares traded across 27 ATS venues with a total notional value of $425.9M. Volume is down 36.8% week-over-week. Primary routing venues include , INTELLIGENT CROSS LLC, UBS ATS.

Dark pool activity in HES reflects institutional order flow executing on Alternative Trading Systems (ATS) registered with the SEC — private venues where large-block trades are matched away from public exchanges to minimize price impact. StonkWhisper ingests FINRA-published ATS volume data to track these off-exchange flows. Sustained elevation in dark pool percentage — particularly when concentrated at specific venues — can indicate institutional accumulation or distribution ahead of significant price moves. The interactive charts below show 12-week historical volume and complete venue breakdown for HES.

DP Shares
2.9M
Notional
$425.9M
DP % of Vol
WoW Change
-36.8%
Venues
27
Weekly Dark Pool Volume — 12 Weeks

Weekly History

WeekSharesDP %WoW
2025-07-142.9M-36.8%
2025-07-074.5M+211.5%
2025-06-301.5M-37.6%
2025-06-232.3M+52.5%
2025-06-161.5M-30.3%
2025-06-092.2M-28.7%
2025-06-023.1M+14.6%
2025-05-262.7M+76.0%
2025-05-191.5M-27.4%
2025-05-122.1M+54.5%
2025-05-051.4M-40.5%
2025-04-282.3M+40.4%

ATS Venue Breakdown (latest week)

2.9M
63.8K trades
INCR
INTELLIGENT CROSS LLC
611.2K
10.9K trades
UBSA
UBS ATS
451.7K
9.3K trades
JPMX
JPM-X
362.5K
17.1K trades
SGMT
SIGMA X2
352.2K
8.2K trades
MLIX
INSTINCT X
214.4K
3.1K trades
MSPL
MS POOL (ATS-4)
145.4K
1.2K trades
EBXL
LEVEL ATS
132.4K
4.3K trades
BIDS
BIDS ATS
86.8K
261 trades
LATS
THE BARCLAYS ATS
81.6K
1.3K trades
CGXS
ONECHRONOS
73.3K
1.5K trades
MSTX
MS TRAJECTORY CROSS (ATS-1)
65.0K
2.1K trades
KCGM
VIRTU MATCHIT ATS
63.7K
1.1K trades
PURE
PURESTREAM
46.8K
626 trades
ONEC
CITI-ONE ATS
45.7K
501 trades
JPBX
JPB-X
38.3K
788 trades
ICBX
CBX
34.4K
627 trades
BNPX
BNPP CORTEX ATS
23.8K
432 trades
ITGP
POSIT
20.5K
94 trades
LQNA
LIQUIDNET H2O ATS
3.1K
21 trades
IATS
IBKR ATS
2.8K
63 trades
BLKX
INSTINET BLOCKCROSS
2.5K
1 trades
MSRP
MS RPOOL (ATS-6)
1.5K
93 trades
XSTM
CROSSSTREAM
1.3K
6 trades
ALPX
ALPHAX US
919
19 trades
CODA
CODA MARKETS, INC.
348
4 trades
BLUE
BOATS
25
15 trades
IEOS
IBKR EOS ATS
8
5 trades