THE CUSHING ROYALTY & INCOME FUND
SRF was delisted on the 29th of May, 2020.
26 hedge funds and large institutions have $7.63M invested in THE CUSHING ROYALTY & INCOME FUND in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
0% more funds holding
Funds holding: 26 → 26 (0)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
58% less capital invested
Capital invested by funds: $18.2M → $7.63M (-$10.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$1.42M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.3M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$347K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$266K |
| 5 |
Jane Street
New York
|
+$236K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$2.1M |
| 2 |
Morgan Stanley
New York
|
-$601K |
| 3 |
WPP
Whalerock Point Partners
Providence,
Rhode Island
|
-$562K |
| 4 |
LPL Financial
San Diego,
California
|
-$400K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$351K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | – | – | – |
|
|
WPP
27
Whalerock Point Partners
Providence,
Rhode Island
| – | -$562K | -6,260 | Closed |
|
|
FAAS
28
First Allied Advisory Services
San Diego,
California
| – | -$231K | -2,570 | Closed |
|
29
Citadel Advisors
Miami,
Florida
| – | -$209K | -2,331 | Closed |
|
|
NFG
30
Next Financial Group
Houston,
Texas
| – | -$145K | -1,618 | Closed |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| – | -$1K | -14 | Closed |
|
SRF Hedge Fund Activity: Q4 2014 in Review
26 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q4 2014, worth a combined $7.63M — down 58% from $18.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SRF positions and 5 closed out — a net gain of 2 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was TFS Capital, opening a new position worth an estimated $1.42M. The largest seller was NWQ Investment Management Company, cutting an estimated $2.1M.
- 26 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $7.63M of THE CUSHING ROYALTY & INCOME FUND stock for Q4 2014, down 58% quarter-over-quarter.
- 7 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q4 2014 and 5 closed out, a net change of +2 holders.
- The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q4 2014 was TFS Capital, an estimated $1.42M added.
- The largest THE CUSHING ROYALTY & INCOME FUND seller in Q4 2014 was NWQ Investment Management Company, an estimated $2.1M sold.
Based on aggregated 13F filings for Q4 2014.