THE CUSHING ROYALTY & INCOME FUND
SRF was delisted on the 29th of May, 2020.
21 hedge funds and large institutions have $4.39M invested in THE CUSHING ROYALTY & INCOME FUND in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
11% more funds holding
Funds holding: 19 → 21 (+2)
6% less capital invested
Capital invested by funds: $4.7M → $4.39M (-$303K)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.13M |
| 2 |
Morgan Stanley
New York
|
+$301K |
| 3 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$291K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
+$203K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$134K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$326K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$235K |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$100K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$41.1K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$25.9K |
SRF Hedge Fund Activity: Q4 2018 in Review
21 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q4 2018, worth a combined $4.39M — down 6.4% from $4.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SRF positions and 1 closed out — a net gain of 3 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $1.13M. The largest seller was Wolverine Asset Management, cutting an estimated $326K.
- 21 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q4 2018, up from 19 in Q3 2018.
- Funds reported $4.39M of THE CUSHING ROYALTY & INCOME FUND stock for Q4 2018, down 6.4% quarter-over-quarter.
- 4 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q4 2018 and 1 closed out, a net change of +3 holders.
- The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q4 2018 was Royal Bank of Canada, an estimated $1.13M added.
- The largest THE CUSHING ROYALTY & INCOME FUND seller in Q4 2018 was Wolverine Asset Management, an estimated $326K sold.
Based on aggregated 13F filings for Q4 2018.