Salient Midstream & MLP Fund
SMM
SMM was delisted on the 8th of September, 2022.
36 hedge funds and large institutions have $48M invested in Salient Midstream & MLP Fund in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 12 reducing their positions, and 9 closing their positions.
0% more capital invested
Capital invested by funds: $47.8M → $48M (+$235K)
0% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 12
0.3% less ownership
Funds ownership: 26.76% → 26.46% (-0.3%)
5% less funds holding
Funds holding: 38 → 36 (-2)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$1.45M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$809K |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
+$355K |
| 4 |
Morgan Stanley
New York
|
+$351K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
+$316K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.74M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$850K |
| 3 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$631K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$558K |
| 5 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$459K |
SMM Hedge Fund Activity: Q3 2018 in Review
36 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Salient Midstream & MLP Fund (SMM) for Q3 2018, worth a combined $48M — up 0.49% from $47.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SMM and 7 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 12 added.
The largest buyer was Curi RMB Capital, adding an estimated $1.45M. The largest seller was Advisors Asset Management, cutting an estimated $1.74M.
- 36 institutional investors held Salient Midstream & MLP Fund (SMM) as of Q3 2018, down from 38 in Q2 2018.
- Funds reported $48M of Salient Midstream & MLP Fund stock for Q3 2018, up 0.49% quarter-over-quarter.
- 7 funds opened new Salient Midstream & MLP Fund positions in Q3 2018 and 9 closed out, a net change of -2 holders.
- The largest Salient Midstream & MLP Fund buyer in Q3 2018 was Curi RMB Capital, an estimated $1.45M added.
- The largest Salient Midstream & MLP Fund seller in Q3 2018 was Advisors Asset Management, an estimated $1.74M sold.
Based on aggregated 13F filings for Q3 2018.