We are live on ! Find out more
SMM

Salient Midstream & MLP Fund
SMM

Delisted

SMM was delisted on the 8th of September, 2022.

Back to rankings

30 hedge funds and large institutions have $44.2M invested in Salient Midstream & MLP Fund in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 8

18% less capital invested

Capital invested by funds: $54.2M → $44.2M (-$10M)

19% less funds holding

Funds holding: 37 → 30 (-7)

60% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 10

Holders
30
Holders Change
-7
Holders Change %
-18.92%
% of All Funds
0.69%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
13
Reduced
8
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$2.71M
2
Wells Fargo
Wells Fargo
California
+$1.52M
3
UBS Group
UBS Group
Switzerland
+$1.41M
4
BAS
Brown Advisory Securities
Maryland
+$233K
5
TJHA
Thomas J. Herzfeld Advisors
Florida
+$220K

Top Sellers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
-$2.7M
2
GC
Guggenheim Capital
Illinois
-$1.01M
3
AAM
Advisors Asset Management
Colorado
-$766K
4
Stifel Financial
Stifel Financial
Missouri
-$652K
5
Bank of America
Bank of America
North Carolina
-$401K
Name Holding Trade Value Shares
Change 		Change in
Stake
SEI Investments
26
SEI Investments
Pennsylvania
$18K +$20.9K +2,000 New
BFEC
27
Benjamin F. Edwards & Company
Missouri
$17K -$10.4K -991 -35%
FCFS
28
First Command Financial Services
Texas
$16K – – –
FCB
29
First Command Bank
Texas
$15.8K – – –
SFSIG
30
San Francisco Sentry Investment Group
California
$14K – – –
RFM
31
Royal Fund Management
Florida
$10K – – –
TSW
32
Thompson Siegel & Walmsley
Virginia
$5K – – –
SIA
33
Sit Investment Associates
Minnesota
– -$2.7M -245,100 Closed
ACM
34
AlphaStar Capital Management
North Carolina
– -$400K -36,331 Closed
WAM
35
Weiss Asset Management
Massachusetts
– -$316K -28,661 Closed
BFM
36
Boothbay Fund Management
New York
– -$259K -23,475 Closed
PAG
37
Private Advisor Group
New Jersey
– -$212K -18,600 Closed
JMPWA
38
JP Morgan Private Wealth Advisors
California
– -$144K -13,000 Closed
Geode Capital Management
39
Geode Capital Management
Massachusetts
– -$129K -11,755 Closed
Millennium Management
40
Millennium Management
New York
– -$127K -11,492 Closed
CRC
41
Curi RMB Capital
Illinois
– -$123K -11,200 Closed
ASN
42
Advisory Services Network
Georgia
– -$6K -523 Closed
1
2

SMM Hedge Fund Activity: Q1 2018 in Review

30 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Salient Midstream & MLP Fund (SMM) for Q1 2018, worth a combined $44.2M — down 18% from $54.2M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of SMM and 4 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 13 added.

The largest buyer was Morgan Stanley, adding an estimated $2.71M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $2.7M sold.

  • 30 institutional investors held Salient Midstream & MLP Fund (SMM) as of Q1 2018, down from 37 in Q4 2017.
  • Funds reported $44.2M of Salient Midstream & MLP Fund stock for Q1 2018, down 18% quarter-over-quarter.
  • 4 funds opened new Salient Midstream & MLP Fund positions in Q1 2018 and 10 closed out, a net change of -6 holders.
  • The largest Salient Midstream & MLP Fund buyer in Q1 2018 was Morgan Stanley, an estimated $2.71M added.
  • The largest Salient Midstream & MLP Fund seller in Q1 2018 was Sit Investment Associates, an estimated $2.7M sold.

Based on aggregated 13F filings for Q1 2018.