NXG Cushing Midstream Energy Fund
SRV
40 hedge funds and large institutions have $45.1M invested in NXG Cushing Midstream Energy Fund in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0.27% more ownership
Funds ownership: 0.87% → 1.14% (+0.27%)
0% more funds holding
Funds holding: 40 → 40 (0)
10% less capital invested
Capital invested by funds: $50.1M → $45.1M (-$5M)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$15.9M |
| 2 |
AIG
American International Group
New York
|
+$894K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$466K |
| 4 |
OC
Oppenheimer & Co
New York
|
+$356K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IT
Independence Trust
Franklin,
Tennessee
|
-$3.06M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$441K |
| 3 |
PI
Placemark Investments
Chicago,
Illinois
|
-$352K |
| 4 |
Morgan Stanley
New York
|
-$341K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$147K |
SRV Hedge Fund Activity: Q4 2014 in Review
40 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q4 2014, worth a combined $45.1M — down 10% from $50.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SRV positions and 6 closed out — a net gain of 1 holder — while 10 added to existing stakes and 14 trimmed.
The largest buyer was LPL Financial, adding an estimated $15.9M. The largest seller was Independence Trust, exiting entirely with an estimated $3.06M sold.
- 40 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $45.1M of NXG Cushing Midstream Energy Fund stock for Q4 2014, down 10% quarter-over-quarter.
- 7 funds opened new NXG Cushing Midstream Energy Fund positions in Q4 2014 and 6 closed out, a net change of +1 holder.
- The largest NXG Cushing Midstream Energy Fund buyer in Q4 2014 was LPL Financial, an estimated $15.9M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q4 2014 was Independence Trust, an estimated $3.06M sold.
Based on aggregated 13F filings for Q4 2014.