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SMM

Salient Midstream & MLP Fund
SMM

Delisted

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

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28 hedge funds and large institutions have $109M invested in Salient Midstream & MLP Fund in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 10 increasing their positions, 0 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

50% more capital invested

Capital invested by funds: $72.6M → $109M (+$36.5M)

27% more funds holding

Funds holding: 22 → 28 (+6)

21.7% more ownership

Funds ownership: 26.2% → 47.89% (+22%)

Holders
28
Holders Change
+6
Holders Change %
+27.27%
% of All Funds
0.74%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
14
Increased
10
Reduced
–
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
GC
Guggenheim Capital
Illinois
+$21.8M
2
AAM
Advisors Asset Management
Colorado
+$12.2M
3
Invesco
Invesco
Georgia
+$5.97M
4
TJHA
Thomas J. Herzfeld Advisors
Florida
+$2.46M
5
Wells Fargo
Wells Fargo
California
+$1.74M

Top Sellers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
-$4.29M
2
TC
TFS Capital
Pennsylvania
-$661K
3
LTFS
Ladenburg Thalmann Financial Services
Florida
-$30K
4
WAM
Wolverine Asset Management
Illinois
-$24K
5
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$22K

SMM Hedge Fund Activity: Q4 2014 in Review

28 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Salient Midstream & MLP Fund (SMM) for Q4 2014, worth a combined $109M — up 50% from $72.6M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new SMM positions and 7 closed out — a net gain of 7 holders — while 10 added to existing stakes and 0 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $21.8M. The largest seller was Sit Investment Associates, exiting entirely with an estimated $4.29M sold.

  • 28 institutional investors held Salient Midstream & MLP Fund (SMM) as of Q4 2014, up from 22 in Q3 2014.
  • Funds reported $109M of Salient Midstream & MLP Fund stock for Q4 2014, up 50% quarter-over-quarter.
  • 14 funds opened new Salient Midstream & MLP Fund positions in Q4 2014 and 7 closed out, a net change of +7 holders.
  • The largest Salient Midstream & MLP Fund buyer in Q4 2014 was Guggenheim Capital, an estimated $21.8M added.
  • The largest Salient Midstream & MLP Fund seller in Q4 2014 was Sit Investment Associates, an estimated $4.29M sold.

Based on aggregated 13F filings for Q4 2014.