NXG Cushing Midstream Energy Fund
SRV
23 hedge funds and large institutions have $15.4M invested in NXG Cushing Midstream Energy Fund in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 1 reducing their positions, and 4 closing their positions.
1,100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 1
27% more capital invested
Capital invested by funds: $12.1M → $15.4M (+$3.29M)
0.09% more ownership
Funds ownership: 4.55% → 4.64% (+0.09%)
4% less funds holding
Funds holding: 24 → 23 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$199K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$136K |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$126K |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$41.4K |
| 5 |
Morgan Stanley
New York
|
+$39.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
-$3.04M |
| 2 |
LPL Financial
San Diego,
California
|
-$175K |
| 3 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$1K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$46 |
SRV Hedge Fund Activity: Q2 2016 in Review
23 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q2 2016, worth a combined $15.4M — up 27% from $12.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SRV and 3 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 12 added.
The largest buyer was Citigroup, adding an estimated $199K. The largest seller was American International Group, exiting entirely with an estimated $3.04M sold.
- 23 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q2 2016, down from 24 in Q1 2016.
- Funds reported $15.4M of NXG Cushing Midstream Energy Fund stock for Q2 2016, up 27% quarter-over-quarter.
- 3 funds opened new NXG Cushing Midstream Energy Fund positions in Q2 2016 and 4 closed out, a net change of -1 holder.
- The largest NXG Cushing Midstream Energy Fund buyer in Q2 2016 was Citigroup, an estimated $199K added.
- The largest NXG Cushing Midstream Energy Fund seller in Q2 2016 was American International Group, an estimated $3.04M sold.
Based on aggregated 13F filings for Q2 2016.