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SRF

THE CUSHING ROYALTY & INCOME FUND

Delisted

SRF was delisted on the 29th of May, 2020.

20 hedge funds and large institutions have $5.84M invested in THE CUSHING ROYALTY & INCOME FUND in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 5

67% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 3

39% more capital invested

Capital invested by funds: $4.21M → $5.84M (+$1.63M)

18% more funds holding

Funds holding: 1720 (+3)

Holders
20
Holders Change
+3
Holders Change %
+17.65%
% of All Funds
0.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
5
Reduced
3
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$1.24M +$11.9K +140 +1%
GC
2
Guggenheim Capital
Illinois
$1.22M +$1.22M +14,357 New
MIG
3
Mariner Investment Group
New York
$805K +$808K +9,485 New
OC
4
Oppenheimer & Co
New York
$495K -$40.1K -471 -7%
WPP
5
Whalerock Point Partners
Rhode Island
$458K +$460K +5,400 New
NIMC
6
NWQ Investment Management Company
California
$424K +$426K +5,000 New
WAM
7
Wolverine Asset Management
Illinois
$246K +$247K +2,905 New
VKH
8
Virtu KCG Holdings
New York
$225K -$97.6K -1,146 -30%
NIM
9
NXG Investment Management
Texas
$186K +$15.2K +178 +9%
Morgan Stanley
10
Morgan Stanley
New York
$151K +$151K +1,776 New
Wells Fargo
11
Wells Fargo
California
$127K +$84.8K +996 +199%
U
12
UBS
Switzerland
$61K +$29.7K +349 +96%
PSI
13
Pinnacle Summer Investments
Virginia
$57K +$1.19K +14 +2%
WRM
14
Westport Resources Management
Connecticut
$53K +$52.8K +620 New
TDC
15
Thompson Davis & Co
Virginia
$45K +$45.1K +530 New
ECM
16
Exchange Capital Management
Michigan
$17K
Deutsche Bank
17
Deutsche Bank
Germany
$16K -$51.1K -600 -75%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$9K
MFS
19
MSI Financial Services
Massachusetts
$4K
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$2K +$2.21K +26 New
B
21
Baird
Wisconsin
-$420K -4,933 Closed
LPL Financial
22
LPL Financial
California
-$210K -2,475 Closed
Ameriprise
23
Ameriprise
Minnesota
-$16K -190 Closed
TRCT
24
Tower Research Capital (TRC)
New York
-$13K -149 Closed

SRF Hedge Fund Activity: Q4 2013 in Review

20 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q4 2013, worth a combined $5.84M — up 39% from $4.21M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new SRF positions and 5 closed out — a net gain of 4 holders — while 5 added to existing stakes and 3 trimmed.

The largest buyer was Guggenheim Capital, opening a new position worth an estimated $1.22M. The largest seller was Baird, exiting entirely with an estimated $420K sold.

  • 20 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q4 2013, up from 17 in Q3 2013.
  • Funds reported $5.84M of THE CUSHING ROYALTY & INCOME FUND stock for Q4 2013, up 39% quarter-over-quarter.
  • 9 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q4 2013 and 5 closed out, a net change of +4 holders.
  • The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q4 2013 was Guggenheim Capital, an estimated $1.22M added.
  • The largest THE CUSHING ROYALTY & INCOME FUND seller in Q4 2013 was Baird, an estimated $420K sold.

Based on aggregated 13F filings for Q4 2013.