THE CUSHING ROYALTY & INCOME FUND
SRF was delisted on the 29th of May, 2020.
18 hedge funds and large institutions have $5.04M invested in THE CUSHING ROYALTY & INCOME FUND in 2019 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
15% more capital invested
Capital invested by funds: $4.39M → $5.04M (+$641K)
14% less funds holding
Funds holding: 21 → 18 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$190K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$71.9K |
| 3 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$58.5K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$49.7K |
| 5 |
CL
CSS LLC
Chicago,
Illinois
|
+$11.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$310K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$84K |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$58.9K |
| 4 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$19.4K |
| 5 |
Morgan Stanley
New York
|
-$15.4K |
SRF Hedge Fund Activity: Q1 2019 in Review
18 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q1 2019, worth a combined $5.04M — up 15% from $4.39M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SRF and 0 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Wolverine Asset Management, adding an estimated $190K. The largest seller was Invesco, cutting an estimated $310K.
- 18 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q1 2019, down from 21 in Q4 2018.
- Funds reported $5.04M of THE CUSHING ROYALTY & INCOME FUND stock for Q1 2019, up 15% quarter-over-quarter.
- 0 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q1 2019 and 3 closed out, a net change of -3 holders.
- The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q1 2019 was Wolverine Asset Management, an estimated $190K added.
- The largest THE CUSHING ROYALTY & INCOME FUND seller in Q1 2019 was Invesco, an estimated $310K sold.
Based on aggregated 13F filings for Q1 2019.