NXG Cushing Midstream Energy Fund
SRV
26 hedge funds and large institutions have $13.2M invested in NXG Cushing Midstream Energy Fund in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 12 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
0.13% more ownership
Funds ownership: 4.47% → 4.6% (+0.13%)
9% less capital invested
Capital invested by funds: $14.5M → $13.2M (-$1.28M)
10% less funds holding
Funds holding: 29 → 26 (-3)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$803K |
| 2 |
Morgan Stanley
New York
|
+$352K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$250K |
| 4 |
SG Americas Securities
New York
|
+$192K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$1.17M |
| 2 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$402K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$263K |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$260K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$211K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
BI
27
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$1.17M | -24,794 | Closed |
|
|
TC
28
TFS Capital
West Chester,
Pennsylvania
| – | -$402K | -8,557 | Closed |
|
|
29
Stifel Financial
St. Louis,
Missouri
| – | -$263K | -5,600 | Closed |
|
|
30
BNP Paribas Financial Markets
Paris,
France
| – | -$260K | -5,519 | Closed |
|
|
LCM
31
Landscape Capital Management
Englewood,
New Jersey
| – | -$211K | -4,477 | Closed |
|
32
Invesco
Atlanta,
Georgia
| – | -$199K | -4,236 | Closed |
|
33
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$150K | -3,192 | Closed |
|
|
WAM
34
Wolverine Asset Management
Chicago,
Illinois
| – | -$109K | -2,338 | Closed |
|
|
BA
35
BlackRock Advisors
Wilmington,
Delaware
| – | -$13K | -271 | Closed |
|
SRV Hedge Fund Activity: Q4 2015 in Review
26 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q4 2015, worth a combined $13.2M — down 8.8% from $14.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of SRV and 9 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Sit Investment Associates, adding an estimated $803K. The largest seller was Bulldog Investors, exiting entirely with an estimated $1.17M sold.
- 26 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q4 2015, down from 29 in Q3 2015.
- Funds reported $13.2M of NXG Cushing Midstream Energy Fund stock for Q4 2015, down 8.8% quarter-over-quarter.
- 9 funds opened new NXG Cushing Midstream Energy Fund positions in Q4 2015 and 12 closed out, a net change of -3 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q4 2015 was Sit Investment Associates, an estimated $803K added.
- The largest NXG Cushing Midstream Energy Fund seller in Q4 2015 was Bulldog Investors, an estimated $1.17M sold.
Based on aggregated 13F filings for Q4 2015.