THE CUSHING ROYALTY & INCOME FUND
SRF was delisted on the 29th of May, 2020.
16 hedge funds and large institutions have $2M invested in THE CUSHING ROYALTY & INCOME FUND in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 11 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
30% less funds holding
Funds holding: 23 → 16 (-7)
42% less capital invested
Capital invested by funds: $3.47M → $2M (-$1.47M)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$356K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$295K |
| 3 |
ICM
Ionic Capital Management
New York
|
+$294K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$125K |
| 5 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
+$36.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$522K |
| 2 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$201K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$180K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$171K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$169K |
SRF Hedge Fund Activity: Q3 2015 in Review
16 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q3 2015, worth a combined $2M — down 42% from $3.47M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of SRF and 4 opened new positions — a net loss of 7 holders — while 3 trimmed existing stakes and 7 added.
The largest buyer was Morgan Stanley, adding an estimated $356K. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $522K sold.
- 16 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q3 2015, down from 23 in Q2 2015.
- Funds reported $2M of THE CUSHING ROYALTY & INCOME FUND stock for Q3 2015, down 42% quarter-over-quarter.
- 4 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q3 2015 and 11 closed out, a net change of -7 holders.
- The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q3 2015 was Morgan Stanley, an estimated $356K added.
- The largest THE CUSHING ROYALTY & INCOME FUND seller in Q3 2015 was Wolverine Asset Management, an estimated $522K sold.
Based on aggregated 13F filings for Q3 2015.