THE CUSHING ROYALTY & INCOME FUND
SRF was delisted on the 29th of May, 2020.
18 hedge funds and large institutions have $3.68M invested in THE CUSHING ROYALTY & INCOME FUND in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
38% more capital invested
Capital invested by funds: $2.66M → $3.68M (+$1.01M)
20% more funds holding
Funds holding: 15 → 18 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$424K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$201K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$120K |
| 4 |
ICM
Ionic Capital Management
New York
|
+$42.8K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$25.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$42K |
| 2 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
-$14.9K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$13.1K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$10K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$5.75K |
SRF Hedge Fund Activity: Q4 2017 in Review
18 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q4 2017, worth a combined $3.68M — up 38% from $2.66M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SRF positions and 2 closed out — a net gain of 3 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $424K. The largest seller was Bank of America, cutting an estimated $42K.
- 18 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q4 2017, up from 15 in Q3 2017.
- Funds reported $3.68M of THE CUSHING ROYALTY & INCOME FUND stock for Q4 2017, up 38% quarter-over-quarter.
- 5 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q4 2017 and 2 closed out, a net change of +3 holders.
- The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q4 2017 was Morgan Stanley, an estimated $424K added.
- The largest THE CUSHING ROYALTY & INCOME FUND seller in Q4 2017 was Bank of America, an estimated $42K sold.
Based on aggregated 13F filings for Q4 2017.