THE CUSHING ROYALTY & INCOME FUND
SRF was delisted on the 29th of May, 2020.
14 hedge funds and large institutions have $4.87M invested in THE CUSHING ROYALTY & INCOME FUND in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
37% more capital invested
Capital invested by funds: $3.55M → $4.87M (+$1.32M)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
8% more funds holding
Funds holding: 13 → 14 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$720K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$508K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$27.1K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.69K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$239 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$398K |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$173K |
| 3 |
CL
CSS LLC
Chicago,
Illinois
|
-$63.4K |
| 4 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$9.69K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$7.11K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.7M | +$508K | +85,104 | +51% |
|
|
2
Morgan Stanley
New York
| $1.19M | -$398K | -66,620 | -27% |
|
|
RJA
3
Raymond James & Associates
St Petersburg,
Florida
| $890K | +$720K | +120,653 | +1,021% |
|
|
CL
4
CSS LLC
Chicago,
Illinois
| $397K | -$63.4K | -10,615 | -15% |
|
|
CCP
5
Cardan Capital Partners
Denver,
Colorado
| $311K | -$9.69K | -1,623 | -3% |
|
|
CA
6
Cornerstone Advisors
Asheville,
North Carolina
| $308K | +$274K | +45,898 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $42K | +$27.1K | +4,531 | +271% |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $21K | -$7.11K | -1,190 | -27% |
|
|
9
Bank of America
Charlotte,
North Carolina
| $7K | +$2.69K | +450 | +83% |
|
10
US Bancorp
Minneapolis,
Minnesota
| $2K | – | – | – |
|
|
AG
11
Advisor Group
Phoenix,
Arizona
| $2K | +$239 | +40 | +15% |
|
|
WAM
12
Wolverine Asset Management
Chicago,
Illinois
| – | -$173K | -28,242 | Closed |
|
|
CWA
13
Capital Wealth Alliance
Scottsdale,
Arizona
| – | +$24 | +4 | New |
|
SRF Hedge Fund Activity: Q4 2019 in Review
14 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q4 2019, worth a combined $4.87M — up 37% from $3.55M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SRF positions and 1 closed out — a net gain of 1 holder — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $720K. The largest seller was Morgan Stanley, cutting an estimated $398K.
- 14 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q4 2019, up from 13 in Q3 2019.
- Funds reported $4.87M of THE CUSHING ROYALTY & INCOME FUND stock for Q4 2019, up 37% quarter-over-quarter.
- 2 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q4 2019 and 1 closed out, a net change of +1 holder.
- The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q4 2019 was Raymond James & Associates, an estimated $720K added.
- The largest THE CUSHING ROYALTY & INCOME FUND seller in Q4 2019 was Morgan Stanley, an estimated $398K sold.
Based on aggregated 13F filings for Q4 2019.