Exchange Capital Management’s THE CUSHING ROYALTY & INCOME FUND SRF Stock Holding History

Exchange Capital Management’s Portfolio SRF Stock Details SRF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-200	Closed	-$9K	–	324
2014 Q4	$9K	Hold	200	–	–	﹤0.01%	178
2014 Q3	$18K	Hold	200	–	–	0.01%	135
2014 Q2	$20K	Hold	200	–	–	0.01%	128
2014 Q1	$18K	Hold	200	–	–	0.01%	141
2013 Q4	$17K	Hold	200	–	–	0.01%	123
2013 Q3	$17K	Hold	200	–	–	0.01%	119
2013 Q2	$19K	Buy	+200	New	+$20.6K	0.01%	105

Other funds holding SRF

Stifel Financial St. Louis, Missouri $109B AUM 21.36% 1-Year Est. Return

Guggenheim Capital Chicago, Illinois $12.9B AUM 27.3% 1-Year Est. Return

WAM

Wolverine Asset Management Chicago, Illinois $10.4B AUM 4.78% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Cambridge Investment Research Advisors Fairfield, Iowa $44.6B AUM 28.94% 1-Year Est. Return

Oppenheimer & Co New York $8.21B AUM 28.81% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

TFS Capital West Chester, Pennsylvania $255M AUM 32.31% 1-Year Est. Return

PAG

Private Advisor Group Morristown, New Jersey $21.8B AUM 28.57% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Exchange Capital Management's SRF Position: Q1 2015 in Review

Exchange Capital Management sold out of THE CUSHING ROYALTY & INCOME FUND (SRF) in Q1 2015, closing a stake of 200 shares — an estimated $9K sold.

Exchange Capital Management first reported a position in SRF in Q2 2013 and held it in 7 quarters. The position peaked at $20K in Q2 2014. 21 funds tracked by Wall St. Rank hold SRF as of Q1 2015.

Exchange Capital Management reported no remaining THE CUSHING ROYALTY & INCOME FUND position as of Q1 2015 after selling out during the quarter.
Exchange Capital Management sold 200 THE CUSHING ROYALTY & INCOME FUND shares in Q1 2015, an estimated $9K.
Exchange Capital Management first reported a position in THE CUSHING ROYALTY & INCOME FUND in Q2 2013 and held it in 7 quarters.
Exchange Capital Management's THE CUSHING ROYALTY & INCOME FUND position peaked at $20K in Q2 2014.
21 funds tracked by Wall St. Rank held THE CUSHING ROYALTY & INCOME FUND as of Q1 2015.

Based on Exchange Capital Management's 13F filing for Q1 2015, filed 17 Apr 2015.