THE CUSHING ROYALTY & INCOME FUND
SRF was delisted on the 29th of May, 2020.
17 hedge funds and large institutions have $3.91M invested in THE CUSHING ROYALTY & INCOME FUND in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 3 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
5% less capital invested
Capital invested by funds: $4.13M → $3.91M (-$221K)
6% less funds holding
Funds holding: 18 → 17 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$376K |
| 2 |
Invesco
Atlanta,
Georgia
|
+$154K |
| 3 |
Morgan Stanley
New York
|
+$124K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$28K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$22.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
-$981K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$96K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$16.2K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$9.31K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$5.68K |
SRF Hedge Fund Activity: Q2 2018 in Review
17 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q2 2018, worth a combined $3.91M — down 5.4% from $4.13M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SRF and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 6 added.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $376K. The largest seller was Ionic Capital Management, exiting entirely with an estimated $981K sold.
- 17 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q2 2018, down from 18 in Q1 2018.
- Funds reported $3.91M of THE CUSHING ROYALTY & INCOME FUND stock for Q2 2018, down 5.4% quarter-over-quarter.
- 2 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q2 2018 and 3 closed out, a net change of -1 holder.
- The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q2 2018 was Wolverine Asset Management, an estimated $376K added.
- The largest THE CUSHING ROYALTY & INCOME FUND seller in Q2 2018 was Ionic Capital Management, an estimated $981K sold.
Based on aggregated 13F filings for Q2 2018.