NXG Cushing Midstream Energy Fund
SRV
29 hedge funds and large institutions have $14.5M invested in NXG Cushing Midstream Energy Fund in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 14 closing their positions.
3.33% more ownership
Funds ownership: 1.15% → 4.47% (+3.3%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
22% less funds holding
Funds holding: 37 → 29 (-8)
48% less capital invested
Capital invested by funds: $28.1M → $14.5M (-$13.5M)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$4.14M |
| 2 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$1.58M |
| 3 |
Morgan Stanley
New York
|
+$672K |
| 4 |
OC
Oppenheimer & Co
New York
|
+$542K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$10.5M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$793K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$423K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$250K |
| 5 |
TH
TCTC Holdings
Dallas,
Texas
|
-$233K |
SRV Hedge Fund Activity: Q3 2015 in Review
29 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q3 2015, worth a combined $14.5M — down 48% from $28.1M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of SRV and 6 opened new positions — a net loss of 8 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $4.14M. The largest seller was LPL Financial, cutting an estimated $10.5M.
- 29 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q3 2015, down from 37 in Q2 2015.
- Funds reported $14.5M of NXG Cushing Midstream Energy Fund stock for Q3 2015, down 48% quarter-over-quarter.
- 6 funds opened new NXG Cushing Midstream Energy Fund positions in Q3 2015 and 14 closed out, a net change of -8 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q3 2015 was Sit Investment Associates, an estimated $4.14M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q3 2015 was LPL Financial, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2015.