Salient Midstream & MLP Fund
SMM
SMM was delisted on the 8th of September, 2022.
35 hedge funds and large institutions have $59.3M invested in Salient Midstream & MLP Fund in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 0 closing their positions.
17% more funds holding
Funds holding: 30 → 35 (+5)
9% more capital invested
Capital invested by funds: $54.5M → $59.3M (+$4.85M)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$579K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
+$476K |
| 3 |
OC
Oppenheimer & Co
New York
|
+$211K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$150K |
| 5 |
Citigroup
New York
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.28M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$870K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$830K |
| 4 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$449K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$286K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BW
26
Bison Wealth
Atlanta,
Georgia
| $128K | -$25.7K | -2,174 | -18% |
|
|
S
27
SignatureFD
Atlanta,
Georgia
| $38K | – | – | – |
|
|
WA
28
WFG Advisors
Dallas,
Texas
| $38K | +$35.2K | +2,975 | New |
|
|
JFA
29
JNBA Financial Advisors
Bloomington,
Minnesota
| $38K | +$35.5K | +3,000 | New |
|
|
JIC
30
Joel Isaacson & Co
New York
| $25K | – | – | – |
|
|
DADC
31
D.A. Davidson & Co
Great Falls,
Montana
| $24K | – | – | – |
|
|
ECM
32
Estabrook Capital Management
New York
| $14.5K | – | – | – |
|
33
Creative Planning
Overland Park,
Kansas
| $7K | – | – | – |
|
|
ASN
34
Advisory Services Network
Atlanta,
Georgia
| $6K | +$5.58K | +472 | New |
|
|
MFS
35
MSI Financial Services
Springfield,
Massachusetts
| $5K | +$83 | +7 | +2% |
|
SMM Hedge Fund Activity: Q3 2016 in Review
35 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Salient Midstream & MLP Fund (SMM) for Q3 2016, worth a combined $59.3M — up 8.9% from $54.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SMM positions and 0 closed out — a net gain of 5 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was UBS Group, adding an estimated $579K. The largest seller was Invesco, cutting an estimated $1.28M.
- 35 institutional investors held Salient Midstream & MLP Fund (SMM) as of Q3 2016, up from 30 in Q2 2016.
- Funds reported $59.3M of Salient Midstream & MLP Fund stock for Q3 2016, up 8.9% quarter-over-quarter.
- 5 funds opened new Salient Midstream & MLP Fund positions in Q3 2016 and 0 closed out, a net change of +5 holders.
- The largest Salient Midstream & MLP Fund buyer in Q3 2016 was UBS Group, an estimated $579K added.
- The largest Salient Midstream & MLP Fund seller in Q3 2016 was Invesco, an estimated $1.28M sold.
Based on aggregated 13F filings for Q3 2016.