THE CUSHING ROYALTY & INCOME FUND
SRF was delisted on the 29th of May, 2020.
19 hedge funds and large institutions have $4.7M invested in THE CUSHING ROYALTY & INCOME FUND in 2018 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
20% more capital invested
Capital invested by funds: $3.91M → $4.7M (+$792K)
12% more funds holding
Funds holding: 17 → 19 (+2)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$306K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$274K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$238K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$107K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$51.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$118K |
| 2 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
-$60K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18.7K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$9.94K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$9.34K |
SRF Hedge Fund Activity: Q3 2018 in Review
19 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q3 2018, worth a combined $4.7M — up 20% from $3.91M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SRF positions and 3 closed out — a net gain of 2 holders — while 4 added to existing stakes and 8 trimmed.
The largest buyer was BB&T Securities, opening a new position worth an estimated $306K. The largest seller was Morgan Stanley, cutting an estimated $118K.
- 19 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q3 2018, up from 17 in Q2 2018.
- Funds reported $4.7M of THE CUSHING ROYALTY & INCOME FUND stock for Q3 2018, up 20% quarter-over-quarter.
- 5 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q3 2018 and 3 closed out, a net change of +2 holders.
- The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q3 2018 was BB&T Securities, an estimated $306K added.
- The largest THE CUSHING ROYALTY & INCOME FUND seller in Q3 2018 was Morgan Stanley, an estimated $118K sold.
Based on aggregated 13F filings for Q3 2018.