SALIENT MLP & ENERGY INFRASTRUCTURE FD
SMF
SMF was delisted on the 14th of November, 2014.
18 hedge funds and large institutions have $30.8M invested in SALIENT MLP & ENERGY INFRASTRUCTURE FD in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 4 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
22% more capital invested
Capital invested by funds: $25.3M → $30.8M (+$5.52M)
1.9% more ownership
Funds ownership: 12.52% → 14.42% (+1.9%)
5% less funds holding
Funds holding: 19 → 18 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.23M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$842K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$794K |
| 4 |
Morgan Stanley
New York
|
+$62K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$36.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$216K |
| 2 |
WRM
Westport Resources Management
Westport,
Connecticut
|
-$166K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$119K |
| 4 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
-$81K |
| 5 |
B
Baird
Milwaukee,
Wisconsin
|
-$34.4K |
SMF Hedge Fund Activity: Q1 2014 in Review
18 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in SALIENT MLP & ENERGY INFRASTRUCTURE FD (SMF) for Q1 2014, worth a combined $30.8M — up 22% from $25.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SMF and 3 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 7 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.23M. The largest seller was JP Morgan Chase, cutting an estimated $216K.
- 18 institutional investors held SALIENT MLP & ENERGY INFRASTRUCTURE FD (SMF) as of Q1 2014, down from 19 in Q4 2013.
- Funds reported $30.8M of SALIENT MLP & ENERGY INFRASTRUCTURE FD stock for Q1 2014, up 22% quarter-over-quarter.
- 3 funds opened new SALIENT MLP & ENERGY INFRASTRUCTURE FD positions in Q1 2014 and 4 closed out, a net change of -1 holder.
- The largest SALIENT MLP & ENERGY INFRASTRUCTURE FD buyer in Q1 2014 was Advisors Asset Management, an estimated $1.23M added.
- The largest SALIENT MLP & ENERGY INFRASTRUCTURE FD seller in Q1 2014 was JP Morgan Chase, an estimated $216K sold.
Based on aggregated 13F filings for Q1 2014.