Salient Midstream & MLP Fund
SMM
SMM was delisted on the 8th of September, 2022.
16 hedge funds and large institutions have $57.4M invested in Salient Midstream & MLP Fund in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 2 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
57% more capital invested
Capital invested by funds: $36.7M → $57.4M (+$20.8M)
14% more funds holding
Funds holding: 14 → 16 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$5.3M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.05M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.86M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$717K |
| 5 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$695K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Salient Capital Advisors
Houston,
Texas
|
-$686K |
| 2 |
Citigroup
New York
|
-$12K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.6K |
| 4 |
Barclays
London,
United Kingdom
|
-$6.89K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
SMM Hedge Fund Activity: Q2 2014 in Review
16 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Salient Midstream & MLP Fund (SMM) for Q2 2014, worth a combined $57.4M — up 57% from $36.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SMM positions and 2 closed out — a net gain of 2 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $5.3M. The largest seller was Salient Capital Advisors, cutting an estimated $686K.
- 16 institutional investors held Salient Midstream & MLP Fund (SMM) as of Q2 2014, up from 14 in Q1 2014.
- Funds reported $57.4M of Salient Midstream & MLP Fund stock for Q2 2014, up 57% quarter-over-quarter.
- 4 funds opened new Salient Midstream & MLP Fund positions in Q2 2014 and 2 closed out, a net change of +2 holders.
- The largest Salient Midstream & MLP Fund buyer in Q2 2014 was Advisors Asset Management, an estimated $5.3M added.
- The largest Salient Midstream & MLP Fund seller in Q2 2014 was Salient Capital Advisors, an estimated $686K sold.
Based on aggregated 13F filings for Q2 2014.