We are live on ! Find out more
SMM

Salient Midstream & MLP Fund

Delisted

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

38 hedge funds and large institutions have $34.6M invested in Salient Midstream & MLP Fund in 2018 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

6% more funds holding

Funds holding: 3638 (+2)

28% less capital invested

Capital invested by funds: $48M → $34.6M (-$13.4M)

50% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 16

Holders
38
Holders Change
+2
Holders Change %
+5.56%
% of All Funds
0.85%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
8
Reduced
16
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UR
26
USCA RIA
Texas
$186K +$57.6K +6,600 +35%
RJA
27
Raymond James & Associates
Florida
$176K -$7.62K -873 -4%
6M
28
6 Meridian
Kansas
$169K -$67.4K -7,716 -25%
CL
29
CSS LLC
Illinois
$158K +$187K +21,377 New
CFA
30
Carroll Financial Associates
North Carolina
$150K +$154K +17,610 New
BAS
31
Brown Advisory Securities
Maryland
$125K -$7.86K -900 -5%
AG
32
Advisor Group
Arizona
$123K +$87.3K +10,000 +151%
LTFS
33
Ladenburg Thalmann Financial Services
Florida
$84K +$5.64K +646 +6%
LCM
34
Landscape Capital Management
New Jersey
$81K +$96K +10,998 New
Brown Advisory
35
Brown Advisory
Maryland
$77K -$6.16K -705 -6%
RJFSA
36
Raymond James Financial Services Advisors
Florida
$76K +$89.3K +10,229 New
DC
37
Davenport & Co
Virginia
$75K -$9.99K -1,144 -10%
Geode Capital Management
38
Geode Capital Management
Massachusetts
$74K -$15.1K -1,732 -15%
NFG
39
Next Financial Group
Texas
$5K +$5.82K +666 New
AA
40
Advisory Alpha
Michigan
-$1.89M -212,231 Closed
MC
41
Matisse Capital
Oregon
-$351K -34,473 Closed
Bank of Montreal
42
Bank of Montreal
Ontario, Canada
-$186K -18,225 Closed
Bank of Nova Scotia
43
Bank of Nova Scotia
Ontario, Canada
-$154K -15,113 Closed
Manulife (Manufacturers Life Insurance)
44
Manulife (Manufacturers Life Insurance)
Ontario, Canada
-$102K -10,000 Closed
FCB
45
First Command Bank
Texas
-$18K -1,732 Closed
FCFS
46
First Command Financial Services
Texas
-$18K -1,732 Closed
CFG
47
Citizens Financial Group
Rhode Island
-$4K -436 Closed

SMM Hedge Fund Activity: Q4 2018 in Review

38 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Salient Midstream & MLP Fund (SMM) for Q4 2018, worth a combined $34.6M — down 28% from $48M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new SMM positions and 10 closed out — a net gain of 2 holders — while 8 added to existing stakes and 16 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $1.27M. The largest seller was Advisory Alpha, exiting entirely with an estimated $1.89M sold.

  • 38 institutional investors held Salient Midstream & MLP Fund (SMM) as of Q4 2018, up from 36 in Q3 2018.
  • Funds reported $34.6M of Salient Midstream & MLP Fund stock for Q4 2018, down 28% quarter-over-quarter.
  • 12 funds opened new Salient Midstream & MLP Fund positions in Q4 2018 and 10 closed out, a net change of +2 holders.
  • The largest Salient Midstream & MLP Fund buyer in Q4 2018 was Morgan Stanley, an estimated $1.27M added.
  • The largest Salient Midstream & MLP Fund seller in Q4 2018 was Advisory Alpha, an estimated $1.89M sold.

Based on aggregated 13F filings for Q4 2018.