NXG Cushing Midstream Energy Fund
SRV
39 hedge funds and large institutions have $42.3M invested in NXG Cushing Midstream Energy Fund in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 3 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
17% more capital invested
Capital invested by funds: $36.1M → $42.3M (+$6.24M)
0.12% more ownership
Funds ownership: 0.67% → 0.79% (+0.12%)
0% more funds holding
Funds holding: 39 → 39 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.95M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.56M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$480K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$261K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$970K |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$545K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$434K |
| 4 |
TH
TCTC Holdings
Dallas,
Texas
|
-$390K |
| 5 |
Morgan Stanley
New York
|
-$365K |
SRV Hedge Fund Activity: Q3 2013 in Review
39 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q3 2013, worth a combined $42.3M — up 17% from $36.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SRV positions and 3 closed out — a net gain of 1 holder — while 17 added to existing stakes and 12 trimmed.
The largest buyer was LPL Financial, adding an estimated $6.95M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $970K sold.
- 39 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $42.3M of NXG Cushing Midstream Energy Fund stock for Q3 2013, up 17% quarter-over-quarter.
- 4 funds opened new NXG Cushing Midstream Energy Fund positions in Q3 2013 and 3 closed out, a net change of +1 holder.
- The largest NXG Cushing Midstream Energy Fund buyer in Q3 2013 was LPL Financial, an estimated $6.95M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q3 2013 was BNP Paribas Financial Markets, an estimated $970K sold.
Based on aggregated 13F filings for Q3 2013.