Salient Midstream & MLP Fund
SMM
SMM was delisted on the 8th of September, 2022.
38 hedge funds and large institutions have $47.8M invested in Salient Midstream & MLP Fund in 2018 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 14 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
27% more funds holding
Funds holding: 30 → 38 (+8)
8% more capital invested
Capital invested by funds: $44.2M → $47.8M (+$3.6M)
57% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.16M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$978K |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$937K |
| 4 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$628K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$471K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.19M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.36M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$395K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$375K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$244K |
SMM Hedge Fund Activity: Q2 2018 in Review
38 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Salient Midstream & MLP Fund (SMM) for Q2 2018, worth a combined $47.8M — up 8.2% from $44.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SMM positions and 1 closed out — a net gain of 8 holders — while 6 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.16M. The largest seller was Advisors Asset Management, cutting an estimated $2.19M.
- 38 institutional investors held Salient Midstream & MLP Fund (SMM) as of Q2 2018, up from 30 in Q1 2018.
- Funds reported $47.8M of Salient Midstream & MLP Fund stock for Q2 2018, up 8.2% quarter-over-quarter.
- 9 funds opened new Salient Midstream & MLP Fund positions in Q2 2018 and 1 closed out, a net change of +8 holders.
- The largest Salient Midstream & MLP Fund buyer in Q2 2018 was Morgan Stanley, an estimated $1.16M added.
- The largest Salient Midstream & MLP Fund seller in Q2 2018 was Advisors Asset Management, an estimated $2.19M sold.
Based on aggregated 13F filings for Q2 2018.