THE CUSHING ROYALTY & INCOME FUND
SRF was delisted on the 29th of May, 2020.
15 hedge funds and large institutions have $617K invested in THE CUSHING ROYALTY & INCOME FUND in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 15 → 15 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
8% less capital invested
Capital invested by funds: $674K → $617K (-$57K)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$136K |
| 2 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
+$18.7K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.35K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
+$1.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$133K |
| 2 |
Morgan Stanley
New York
|
-$62.1K |
| 3 |
Citigroup
New York
|
-$39K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$18.7K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.65K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAN
1
Cetera Advisor Networks
El Segundo,
California
| $143K | +$136K | +14,573 | New |
|
|
2
Morgan Stanley
New York
| $139K | -$62.1K | -6,637 | -32% |
|
3
Bank of America
Charlotte,
North Carolina
| $130K | – | – | – |
|
|
FANJ
4
Financial Architects (New Jersey)
Marlton,
New Jersey
| $78K | +$18.7K | +2,000 | +34% |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $58K | -$1.65K | -176 | -3% |
|
|
6
UBS Group
Zurich,
Switzerland
| $34K | +$4.35K | +465 | +16% |
|
7
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $20K | – | – | – |
|
8
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $4K | -$898 | -96 | -20% |
|
|
TDC
9
Thompson Davis & Co
Richmond,
Virginia
| $4K | – | – | – |
|
|
10
Wells Fargo
San Francisco,
California
| $2K | -$18.7K | -2,000 | -90% |
|
11
US Bancorp
Minneapolis,
Minnesota
| $2K | – | – | – |
|
|
WA
12
WFG Advisors
Dallas,
Texas
| $2K | +$1.87K | +200 | New |
|
|
KA
13
Klingman & Associates
New York
| $1K | – | – | – |
|
|
TC
14
TFS Capital
West Chester,
Pennsylvania
| – | -$133K | -14,400 | Closed |
|
|
15
Citigroup
New York
| – | -$39K | -4,176 | Closed |
|
SRF Hedge Fund Activity: Q3 2016 in Review
15 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q3 2016, worth a combined $617K — down 8.5% from $674K a quarter earlier.
Fund positioning in SRF was balanced in Q3 2016: 2 funds opened new positions, 2 closed out, 2 added to existing stakes and 4 trimmed.
The largest buyer was Cetera Advisor Networks, opening a new position worth an estimated $136K. The largest seller was TFS Capital, exiting entirely with an estimated $133K sold.
- 15 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $617K of THE CUSHING ROYALTY & INCOME FUND stock for Q3 2016, down 8.5% quarter-over-quarter.
- 2 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q3 2016 and 2 closed out, a net change of 0 holders.
- The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q3 2016 was Cetera Advisor Networks, an estimated $136K added.
- The largest THE CUSHING ROYALTY & INCOME FUND seller in Q3 2016 was TFS Capital, an estimated $133K sold.
Based on aggregated 13F filings for Q3 2016.