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

Ionic 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
2018 Q2	–	Sell	-112,527	Closed	-$981K	–	291
2018 Q1	$981K	Sell	112,527 -3,680	-3%	-$33.8K	0.06%	170
2017 Q4	$1.09M	Buy	116,207 +4,900	+4%	+$42.8K	0.05%	237
2017 Q3	$967K	Hold	111,307	–	–	0.04%	224
2017 Q2	$944K	Buy	111,307 +71,669	+181%	+$638K	0.05%	221
2017 Q1	$373K	Buy	+39,638	New	+$381K	0.02%	260
2015 Q4	–	Sell	-16,268	Closed	-$227K	–	385
2015 Q3	$227K	Buy	+16,268	New	+$294K	0.01%	247

Other funds holding SRF

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

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

WAM

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

CSS LLC Chicago, Illinois $2.09B AUM 59.56% 1-Year Est. Return

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

RJA

Raymond James & Associates St Petersburg, Florida $164B AUM 33.91% 1-Year Est. Return

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

FANJ

Financial Architects (New Jersey) Marlton, New Jersey $663M AUM 15.53% 1-Year Est. Return

LTFS

Ladenburg Thalmann Financial Services Miami, Florida $15.9B AUM 25.16% 1-Year Est. Return

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

Ionic Capital Management's SRF Position: Q2 2018 in Review

Ionic Capital Management sold out of THE CUSHING ROYALTY & INCOME FUND (SRF) in Q2 2018, closing a stake of 112,527 shares — an estimated $981K sold.

Ionic Capital Management first reported a position in SRF in Q3 2015 and held it in 6 quarters. The position peaked at $1.09M in Q4 2017. 17 funds tracked by Wall St. Rank hold SRF as of Q2 2018.

Ionic Capital Management reported no remaining THE CUSHING ROYALTY & INCOME FUND position as of Q2 2018 after selling out during the quarter.
Ionic Capital Management sold 112,527 THE CUSHING ROYALTY & INCOME FUND shares in Q2 2018, an estimated $981K.
Ionic Capital Management first reported a position in THE CUSHING ROYALTY & INCOME FUND in Q3 2015 and held it in 6 quarters.
Ionic Capital Management's THE CUSHING ROYALTY & INCOME FUND position peaked at $1.09M in Q4 2017.
17 funds tracked by Wall St. Rank held THE CUSHING ROYALTY & INCOME FUND as of Q2 2018.

Based on Ionic Capital Management's 13F filing for Q2 2018, filed 14 Aug 2018.