NXG Cushing Midstream Energy Fund
SRV
22 hedge funds and large institutions have $19.2M invested in NXG Cushing Midstream Energy Fund in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 4 closing their positions.
192% more capital invested
Capital invested by funds: $6.59M → $19.2M (+$12.6M)
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
17.66% more ownership
Funds ownership: 8.31% → 25.97% (+18%)
16% more funds holding
Funds holding: 19 → 22 (+3)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$8.81M |
| 2 |
SOA
Sea Otter Advisors
Miami,
Florida
|
+$2.5M |
| 3 |
Morgan Stanley
New York
|
+$1.85M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$433K |
| 5 |
VF
Virtu Financial
New York
|
+$366K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$562K |
| 2 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
-$259K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$200K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$49K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$7.27K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fidelity Investments
Boston,
Massachusetts
| – | -$36 | -1 | Closed |
|
SRV Hedge Fund Activity: Q4 2023 in Review
22 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q4 2023, worth a combined $19.2M — up 192% from $6.59M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SRV positions and 4 closed out — a net gain of 4 holders — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $8.81M. The largest seller was Osaic Holdings, cutting an estimated $562K.
- 22 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q4 2023, up from 19 in Q3 2023.
- Funds reported $19.2M of NXG Cushing Midstream Energy Fund stock for Q4 2023, up 192% quarter-over-quarter.
- 8 funds opened new NXG Cushing Midstream Energy Fund positions in Q4 2023 and 4 closed out, a net change of +4 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q4 2023 was Sit Investment Associates, an estimated $8.81M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q4 2023 was Osaic Holdings, an estimated $562K sold.
Based on aggregated 13F filings for Q4 2023.