NXG Cushing Midstream Energy Fund
SRV
36 hedge funds and large institutions have $47.8M invested in NXG Cushing Midstream Energy Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 7 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
0.02% less ownership
Funds ownership: 0.9% → 0.87% (-0.02%)
1% less capital invested
Capital invested by funds: $48.1M → $47.8M (-$297K)
10% less funds holding
Funds holding: 40 → 36 (-4)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.88M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$501K |
| 3 |
PI
Placemark Investments
Chicago,
Illinois
|
+$111K |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$109K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$77.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
-$4.69M |
| 2 |
Morgan Stanley
New York
|
-$2.34M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$538K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$413K |
| 5 |
SG Americas Securities
New York
|
-$366K |
SRV Hedge Fund Activity: Q1 2014 in Review
36 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q1 2014, worth a combined $47.8M — down 0.62% from $48.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SRV and 3 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 12 added.
The largest buyer was LPL Financial, adding an estimated $6.88M. The largest seller was Robinson Capital Management, exiting entirely with an estimated $4.69M sold.
- 36 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q1 2014, down from 40 in Q4 2013.
- Funds reported $47.8M of NXG Cushing Midstream Energy Fund stock for Q1 2014, down 0.62% quarter-over-quarter.
- 3 funds opened new NXG Cushing Midstream Energy Fund positions in Q1 2014 and 7 closed out, a net change of -4 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q1 2014 was LPL Financial, an estimated $6.88M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q1 2014 was Robinson Capital Management, an estimated $4.69M sold.
Based on aggregated 13F filings for Q1 2014.