SALIENT MLP & ENERGY INFRASTRUCTURE FD
SMF
SMF was delisted on the 14th of November, 2014.
14 hedge funds and large institutions have $23.1M invested in SALIENT MLP & ENERGY INFRASTRUCTURE FD in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 5 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
0.18% less ownership
Funds ownership: 12.48% → 12.3% (-0.18%)
7% less funds holding
Funds holding: 15 → 14 (-1)
10% less capital invested
Capital invested by funds: $25.7M → $23.1M (-$2.63M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$950K |
| 2 |
JP Morgan Chase
New York
|
+$401K |
| 3 |
SNC
Stifel Nicolaus & Co
St Louis,
Missouri
|
+$214K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$63K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$61.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$1.52M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$430K |
| 3 |
LPL Financial
San Diego,
California
|
-$218K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$45.4K |
| 5 |
B
Baird
Milwaukee,
Wisconsin
|
-$40.6K |
SMF Hedge Fund Activity: Q3 2013 in Review
14 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in SALIENT MLP & ENERGY INFRASTRUCTURE FD (SMF) for Q3 2013, worth a combined $23.1M — down 10% from $25.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SMF and 4 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 7 added.
The largest buyer was Guggenheim Capital, adding an estimated $950K. The largest seller was ACG Wealth, exiting entirely with an estimated $1.52M sold.
- 14 institutional investors held SALIENT MLP & ENERGY INFRASTRUCTURE FD (SMF) as of Q3 2013, down from 15 in Q2 2013.
- Funds reported $23.1M of SALIENT MLP & ENERGY INFRASTRUCTURE FD stock for Q3 2013, down 10% quarter-over-quarter.
- 4 funds opened new SALIENT MLP & ENERGY INFRASTRUCTURE FD positions in Q3 2013 and 5 closed out, a net change of -1 holder.
- The largest SALIENT MLP & ENERGY INFRASTRUCTURE FD buyer in Q3 2013 was Guggenheim Capital, an estimated $950K added.
- The largest SALIENT MLP & ENERGY INFRASTRUCTURE FD seller in Q3 2013 was ACG Wealth, an estimated $1.52M sold.
Based on aggregated 13F filings for Q3 2013.