NXG Cushing Midstream Energy Fund
SRV
24 hedge funds and large institutions have $12.1M invested in NXG Cushing Midstream Energy Fund in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 5 closing their positions.
0.05% less ownership
Funds ownership: 4.6% → 4.55% (-0.05%)
8% less funds holding
Funds holding: 26 → 24 (-2)
9% less capital invested
Capital invested by funds: $13.2M → $12.1M (-$1.17M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.15M |
| 2 |
AIG
American International Group
New York
|
+$306K |
| 3 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$276K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$100K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$31.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.02M |
| 2 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$357K |
| 3 |
Morgan Stanley
New York
|
-$188K |
| 4 |
SG Americas Securities
New York
|
-$176K |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
-$175K |
SRV Hedge Fund Activity: Q1 2016 in Review
24 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q1 2016, worth a combined $12.1M — down 8.8% from $13.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SRV and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 6 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.15M. The largest seller was Matisse Capital, exiting entirely with an estimated $1.02M sold.
- 24 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q1 2016, down from 26 in Q4 2015.
- Funds reported $12.1M of NXG Cushing Midstream Energy Fund stock for Q1 2016, down 8.8% quarter-over-quarter.
- 3 funds opened new NXG Cushing Midstream Energy Fund positions in Q1 2016 and 5 closed out, a net change of -2 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q1 2016 was Sit Investment Associates, an estimated $1.15M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q1 2016 was Matisse Capital, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2016.