NXG Cushing Midstream Energy Fund
SRV
37 hedge funds and large institutions have $28.1M invested in NXG Cushing Midstream Energy Fund in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 9 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
0.06% less ownership
Funds ownership: 1.21% → 1.15% (-0.06%)
15% less capital invested
Capital invested by funds: $32.9M → $28.1M (-$4.85M)
16% less funds holding
Funds holding: 44 → 37 (-7)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIG
American International Group
New York
|
+$1M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$664K |
| 3 |
OC
Oppenheimer & Co
New York
|
+$546K |
| 4 |
Morgan Stanley
New York
|
+$428K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$361K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.29M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.34M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$346K |
| 4 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$218K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$205K |
SRV Hedge Fund Activity: Q2 2015 in Review
37 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q2 2015, worth a combined $28.1M — down 15% from $32.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of SRV and 3 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 15 added.
The largest buyer was American International Group, adding an estimated $1M. The largest seller was LPL Financial, cutting an estimated $2.29M.
- 37 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q2 2015, down from 44 in Q1 2015.
- Funds reported $28.1M of NXG Cushing Midstream Energy Fund stock for Q2 2015, down 15% quarter-over-quarter.
- 3 funds opened new NXG Cushing Midstream Energy Fund positions in Q2 2015 and 9 closed out, a net change of -6 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q2 2015 was American International Group, an estimated $1M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q2 2015 was LPL Financial, an estimated $2.29M sold.
Based on aggregated 13F filings for Q2 2015.