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SRF

THE CUSHING ROYALTY & INCOME FUND

Delisted

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

19 hedge funds and large institutions have $8.52M invested in THE CUSHING ROYALTY & INCOME FUND in 2014 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 3

46% more capital invested

Capital invested by funds: $5.84M → $8.52M (+$2.68M)

5% less funds holding

Funds holding: 2019 (-1)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
19
Holders Change
-1
Holders Change %
-5%
% of All Funds
0.55%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
6
Increased
6
Reduced
3
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$2.21M +$861K +9,604 +67%
Royal Bank of Canada
2
Royal Bank of Canada
Ontario, Canada
$1.39M +$40.7K +454 +3%
NIMC
3
NWQ Investment Management Company
California
$1.31M +$830K +9,256 +185%
Stifel Financial
4
Stifel Financial
Missouri
$706K +$686K +7,656 New
Morgan Stanley
5
Morgan Stanley
New York
$675K +$497K +5,547 +312%
OC
6
Oppenheimer & Co
New York
$540K +$2.51K +28 +0.5%
WPP
7
Whalerock Point Partners
Rhode Island
$497K
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$273K +$266K +2,964 New
LPL Financial
9
LPL Financial
California
$242K +$235K +2,624 New
NIM
10
NXG Investment Management
Texas
$191K -$10.7K -119 -5%
FAAS
11
First Allied Advisory Services
California
$189K +$182K +2,030 New
Wells Fargo
12
Wells Fargo
California
$76K -$60.6K -676 -45%
PSI
13
Pinnacle Summer Investments
Virginia
$64K +$1.17K +13 +2%
BRWM
14
B. Riley Wealth Management
Tennessee
$51K +$49.6K +553 New
TDC
15
Thompson Davis & Co
Virginia
$49K
U
16
UBS
Switzerland
$29K -$35.1K -391 -55%
ECM
17
Exchange Capital Management
Michigan
$18K
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$10K
MIG
19
Mariner Investment Group
New York
-$805K -9,485 Closed
WAM
20
Wolverine Asset Management
Illinois
-$246K -2,905 Closed
VKH
21
Virtu KCG Holdings
New York
-$225K -2,657 Closed
WRM
22
Westport Resources Management
Connecticut
-$53K -620 Closed
Deutsche Bank
23
Deutsche Bank
Germany
-$16K -200 Closed
MFS
24
MSI Financial Services
Massachusetts
-$4K -49 Closed
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
-$2K -26 Closed

SRF Hedge Fund Activity: Q1 2014 in Review

19 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q1 2014, worth a combined $8.52M — up 46% from $5.84M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of SRF and 6 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 6 added.

The largest buyer was Guggenheim Capital, adding an estimated $861K. The largest seller was Mariner Investment Group, exiting entirely with an estimated $805K sold.

  • 19 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q1 2014, down from 20 in Q4 2013.
  • Funds reported $8.52M of THE CUSHING ROYALTY & INCOME FUND stock for Q1 2014, up 46% quarter-over-quarter.
  • 6 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q1 2014 and 7 closed out, a net change of -1 holder.
  • The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q1 2014 was Guggenheim Capital, an estimated $861K added.
  • The largest THE CUSHING ROYALTY & INCOME FUND seller in Q1 2014 was Mariner Investment Group, an estimated $805K sold.

Based on aggregated 13F filings for Q1 2014.