NXG Cushing Midstream Energy Fund
SRV
40 hedge funds and large institutions have $48.1M invested in NXG Cushing Midstream Energy Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
14% more capital invested
Capital invested by funds: $42.3M → $48.1M (+$5.83M)
3% more funds holding
Funds holding: 39 → 40 (+1)
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0.1% more ownership
Funds ownership: 0.79% → 0.9% (+0.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$411K |
| 3 |
SG Americas Securities
New York
|
+$365K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$296K |
| 5 |
FFSOTS
Fiduciary Financial Services of The Southwest
Dallas,
Texas
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.9M |
| 2 |
Morgan Stanley
New York
|
-$766K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$582K |
| 4 |
JIC
Johnson Investment Counsel
Cincinnati,
Ohio
|
-$197K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$190K |
SRV Hedge Fund Activity: Q4 2013 in Review
40 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q4 2013, worth a combined $48.1M — up 14% from $42.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SRV positions and 5 closed out — a net gain of 2 holders — while 14 added to existing stakes and 13 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.3M. The largest seller was Deutsche Bank, cutting an estimated $1.9M.
- 40 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q4 2013, up from 39 in Q3 2013.
- Funds reported $48.1M of NXG Cushing Midstream Energy Fund stock for Q4 2013, up 14% quarter-over-quarter.
- 7 funds opened new NXG Cushing Midstream Energy Fund positions in Q4 2013 and 5 closed out, a net change of +2 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q4 2013 was LPL Financial, an estimated $3.3M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q4 2013 was Deutsche Bank, an estimated $1.9M sold.
Based on aggregated 13F filings for Q4 2013.