NXG Cushing Midstream Energy Fund
SRV
40 hedge funds and large institutions have $50.1M invested in NXG Cushing Midstream Energy Fund in 2014 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
8% more funds holding
Funds holding: 37 → 40 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.02% less ownership
Funds ownership: 0.89% → 0.87% (-0.02%)
4% less capital invested
Capital invested by funds: $52.3M → $50.1M (-$2.21M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$384K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$207K |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
+$122K |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$117K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$108K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$1.09M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$298K |
| 3 |
IT
Independence Trust
Franklin,
Tennessee
|
-$233K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$217K |
| 5 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$118K |
SRV Hedge Fund Activity: Q3 2014 in Review
40 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q3 2014, worth a combined $50.1M — down 4.2% from $52.3M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new SRV positions and 2 closed out — a net gain of 3 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was LPL Financial, adding an estimated $384K. The largest seller was First Allied Advisory Services, cutting an estimated $1.09M.
- 40 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q3 2014, up from 37 in Q2 2014.
- Funds reported $50.1M of NXG Cushing Midstream Energy Fund stock for Q3 2014, down 4.2% quarter-over-quarter.
- 5 funds opened new NXG Cushing Midstream Energy Fund positions in Q3 2014 and 2 closed out, a net change of +3 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q3 2014 was LPL Financial, an estimated $384K added.
- The largest NXG Cushing Midstream Energy Fund seller in Q3 2014 was First Allied Advisory Services, an estimated $1.09M sold.
Based on aggregated 13F filings for Q3 2014.