CA
SMM

Cornerstone Advisors’s Salient Midstream & MLP Fund SMM Stock Holding History

Cornerstone Advisors’s Portfolio SMM Stock Details SMM Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2020
Q3 		– Sell
-78,400
Closed -$324K – 221
2020
Q2 		$324K Sell
78,400
-64,217
-45% -$263K 0.03% 183
2020
Q1 		$496K Sell
142,617
-87,469
-38% -$539K 0.05% 158
2019
Q4 		$1.79M Buy
+230,086
New +$1.7M 0.15% 144

Other funds holding SMM

KACA
Kayne Anderson Capital Advisors Los Angeles, California $5.22B AUM 17.11% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return
LCM
Landscape Capital Management Englewood, New Jersey $1.58B AUM 26.88% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
GC
Guggenheim Capital Chicago, Illinois $12.9B AUM 27.3% 1-Year Est. Return
Wells Fargo
Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return
UBS Group
UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return
CCP
Clough Capital Partners Boston, Massachusetts $1.04B AUM 49.7% 1-Year Est. Return
CRC
Curi RMB Capital Chicago, Illinois $5.62B AUM 18.93% 1-Year Est. Return
PAG
Private Advisor Group Morristown, New Jersey $21.8B AUM 28.57% 1-Year Est. Return

Cornerstone Advisors's SMM Position: Q3 2020 in Review

Cornerstone Advisors sold out of Salient Midstream & MLP Fund (SMM) in Q3 2020, closing a stake of 78,400 shares — an estimated $324K sold.

Cornerstone Advisors first reported a position in SMM in Q4 2019 and held it in 3 quarters. The position peaked at $1.79M in Q4 2019. 38 funds tracked by Wall St. Rank hold SMM as of Q3 2020.

  • Cornerstone Advisors reported no remaining Salient Midstream & MLP Fund position as of Q3 2020 after selling out during the quarter.
  • Cornerstone Advisors sold 78,400 Salient Midstream & MLP Fund shares in Q3 2020, an estimated $324K.
  • Cornerstone Advisors first reported a position in Salient Midstream & MLP Fund in Q4 2019 and held it in 3 quarters.
  • Cornerstone Advisors's Salient Midstream & MLP Fund position peaked at $1.79M in Q4 2019.
  • 38 funds tracked by Wall St. Rank held Salient Midstream & MLP Fund as of Q3 2020.

Based on Cornerstone Advisors's 13F filing for Q3 2020, filed 13 Nov 2020.