THE CUSHING ROYALTY & INCOME FUND
SRF was delisted on the 29th of May, 2020.
14 hedge funds and large institutions have $806K invested in THE CUSHING ROYALTY & INCOME FUND in 2015 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 8 closing their positions.
13% less funds holding
Funds holding: 16 → 14 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
60% less capital invested
Capital invested by funds: $2M → $806K (-$1.19M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$75K |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$24.6K |
| 3 |
HT
Hefren-Tillotson
Pittsburgh,
Pennsylvania
|
+$9.86K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.72K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.39K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$282K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$268K |
| 3 |
ICM
Ionic Capital Management
New York
|
-$227K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$183K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$101K |
SRF Hedge Fund Activity: Q4 2015 in Review
14 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q4 2015, worth a combined $806K — down 60% from $2M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SRF and 6 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Citigroup, opening a new position worth an estimated $75K. The largest seller was Stifel Financial, exiting entirely with an estimated $282K sold.
- 14 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q4 2015, down from 16 in Q3 2015.
- Funds reported $806K of THE CUSHING ROYALTY & INCOME FUND stock for Q4 2015, down 60% quarter-over-quarter.
- 6 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q4 2015 and 8 closed out, a net change of -2 holders.
- The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q4 2015 was Citigroup, an estimated $75K added.
- The largest THE CUSHING ROYALTY & INCOME FUND seller in Q4 2015 was Stifel Financial, an estimated $282K sold.
Based on aggregated 13F filings for Q4 2015.