NXG Cushing Midstream Energy Fund
SRV
26 hedge funds and large institutions have $24M invested in NXG Cushing Midstream Energy Fund in 2021 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 4 closing their positions.
63% more capital invested
Capital invested by funds: $14.7M → $24M (+$9.27M)
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
11.74% more ownership
Funds ownership: 22.84% → 34.57% (+12%)
8% more funds holding
Funds holding: 24 → 26 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$6.71M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.44M |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.02M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$880K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$807K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.66M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.3M |
| 3 |
MC
Matisse Capital
Portland,
Oregon
|
-$628K |
| 4 |
Morgan Stanley
New York
|
-$467K |
| 5 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$233K |
SRV Hedge Fund Activity: Q3 2021 in Review
26 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q3 2021, worth a combined $24M — up 63% from $14.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SRV positions and 4 closed out — a net gain of 2 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $6.71M. The largest seller was Osaic Holdings, cutting an estimated $1.66M.
- 26 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q3 2021, up from 24 in Q2 2021.
- Funds reported $24M of NXG Cushing Midstream Energy Fund stock for Q3 2021, up 63% quarter-over-quarter.
- 6 funds opened new NXG Cushing Midstream Energy Fund positions in Q3 2021 and 4 closed out, a net change of +2 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q3 2021 was Saba Capital Management, an estimated $6.71M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q3 2021 was Osaic Holdings, an estimated $1.66M sold.
Based on aggregated 13F filings for Q3 2021.