Salient Midstream & MLP Fund
SMM
SMM was delisted on the 8th of September, 2022.
37 hedge funds and large institutions have $21.9M invested in Salient Midstream & MLP Fund in 2021 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 6 closing their positions.
9% more capital invested
Capital invested by funds: $20.1M → $21.9M (+$1.73M)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
12% less funds holding
Funds holding: 42 → 37 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$421K |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$313K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$256K |
| 4 |
BS
Boenning & Scattergood
West Conshohocken,
Pennsylvania
|
+$208K |
| 5 |
LPL Financial
San Diego,
California
|
+$93.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$752K |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$637K |
| 3 |
QC
Quantedge Capital
Singapore
|
-$499K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$254K |
| 5 |
AA
Advisory Alpha
Holland,
Michigan
|
-$243K |
SMM Hedge Fund Activity: Q2 2021 in Review
37 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Salient Midstream & MLP Fund (SMM) for Q2 2021, worth a combined $21.9M — up 8.6% from $20.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SMM and 1 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 14 added.
The largest buyer was Wolverine Asset Management, adding an estimated $421K. The largest seller was Kayne Anderson Capital Advisors, cutting an estimated $752K.
- 37 institutional investors held Salient Midstream & MLP Fund (SMM) as of Q2 2021, down from 42 in Q1 2021.
- Funds reported $21.9M of Salient Midstream & MLP Fund stock for Q2 2021, up 8.6% quarter-over-quarter.
- 1 fund opened new Salient Midstream & MLP Fund positions in Q2 2021 and 6 closed out, a net change of -5 holders.
- The largest Salient Midstream & MLP Fund buyer in Q2 2021 was Wolverine Asset Management, an estimated $421K added.
- The largest Salient Midstream & MLP Fund seller in Q2 2021 was Kayne Anderson Capital Advisors, an estimated $752K sold.
Based on aggregated 13F filings for Q2 2021.