NXG Cushing Midstream Energy Fund
SRV
22 hedge funds and large institutions have $20.6M invested in NXG Cushing Midstream Energy Fund in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 5 closing their positions.
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
11% more capital invested
Capital invested by funds: $18.6M → $20.6M (+$2.01M)
0.35% more ownership
Funds ownership: 5.28% → 5.63% (+0.35%)
15% less funds holding
Funds holding: 26 → 22 (-4)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
+$1.63M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$917K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$187K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$166K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$82.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$1.41M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$195K |
| 3 |
HBWM
Hollow Brook Wealth Management
Katonah,
New York
|
-$137K |
| 4 |
GS
Girard Securities
San Diego,
California
|
-$132K |
| 5 |
Citigroup
New York
|
-$73.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Envestnet Asset Management
Chicago,
Illinois
| – | -$16K | -300 | Closed |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | -$2K | -40 | Closed |
|
SRV Hedge Fund Activity: Q4 2016 in Review
22 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q4 2016, worth a combined $20.6M — up 11% from $18.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SRV and 3 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 11 added.
The largest buyer was Matisse Capital, adding an estimated $1.63M. The largest seller was City of London Investment Management, exiting entirely with an estimated $1.41M sold.
- 22 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q4 2016, down from 26 in Q3 2016.
- Funds reported $20.6M of NXG Cushing Midstream Energy Fund stock for Q4 2016, up 11% quarter-over-quarter.
- 3 funds opened new NXG Cushing Midstream Energy Fund positions in Q4 2016 and 5 closed out, a net change of -2 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q4 2016 was Matisse Capital, an estimated $1.63M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q4 2016 was City of London Investment Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q4 2016.