THE CUSHING ROYALTY & INCOME FUND
SRF was delisted on the 29th of May, 2020.
15 hedge funds and large institutions have $1.7M invested in THE CUSHING ROYALTY & INCOME FUND in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
7% more funds holding
Funds holding: 14 → 15 (+1)
65% less capital invested
Capital invested by funds: $4.87M → $1.7M (-$3.17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$197K |
| 2 |
Morgan Stanley
New York
|
+$188K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$167K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$167K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$54.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$642K |
| 2 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$311K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$308K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$68.3K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$4.16K |
SRF Hedge Fund Activity: Q1 2020 in Review
15 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in THE CUSHING ROYALTY & INCOME FUND (SRF) for Q1 2020, worth a combined $1.7M — down 65% from $4.87M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SRF positions and 3 closed out — a net gain of 3 holders — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $197K. The largest seller was Raymond James & Associates, cutting an estimated $642K.
- 15 institutional investors held THE CUSHING ROYALTY & INCOME FUND (SRF) as of Q1 2020, up from 14 in Q4 2019.
- Funds reported $1.7M of THE CUSHING ROYALTY & INCOME FUND stock for Q1 2020, down 65% quarter-over-quarter.
- 6 funds opened new THE CUSHING ROYALTY & INCOME FUND positions in Q1 2020 and 3 closed out, a net change of +3 holders.
- The largest THE CUSHING ROYALTY & INCOME FUND buyer in Q1 2020 was Susquehanna International Group, an estimated $197K added.
- The largest THE CUSHING ROYALTY & INCOME FUND seller in Q1 2020 was Raymond James & Associates, an estimated $642K sold.
Based on aggregated 13F filings for Q1 2020.