Salient Midstream & MLP Fund
SMM
SMM was delisted on the 8th of September, 2022.
37 hedge funds and large institutions have $16.9M invested in Salient Midstream & MLP Fund in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
3% more funds holding
Funds holding: 36 → 37 (+1)
2% more capital invested
Capital invested by funds: $16.6M → $16.9M (+$345K)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$820K |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$205K |
| 3 |
RIM
Regent Investment Management
Louisville,
Kentucky
|
+$147K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$140K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$95.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$2.18M |
| 2 |
Morgan Stanley
New York
|
-$542K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$422K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$378K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$347K |
SMM Hedge Fund Activity: Q2 2020 in Review
37 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Salient Midstream & MLP Fund (SMM) for Q2 2020, worth a combined $16.9M — up 2.1% from $16.6M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SMM positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 17 trimmed.
The largest buyer was Bank of America, adding an estimated $820K. The largest seller was Matisse Capital, cutting an estimated $2.18M.
- 37 institutional investors held Salient Midstream & MLP Fund (SMM) as of Q2 2020, up from 36 in Q1 2020.
- Funds reported $16.9M of Salient Midstream & MLP Fund stock for Q2 2020, up 2.1% quarter-over-quarter.
- 4 funds opened new Salient Midstream & MLP Fund positions in Q2 2020 and 3 closed out, a net change of +1 holder.
- The largest Salient Midstream & MLP Fund buyer in Q2 2020 was Bank of America, an estimated $820K added.
- The largest Salient Midstream & MLP Fund seller in Q2 2020 was Matisse Capital, an estimated $2.18M sold.
Based on aggregated 13F filings for Q2 2020.