NXG Cushing Midstream Energy Fund
SRV
20 hedge funds and large institutions have $18M invested in NXG Cushing Midstream Energy Fund in 2018 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 2 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
0.5% more ownership
Funds ownership: 5.92% → 6.41% (+0.5%)
5% less funds holding
Funds holding: 21 → 20 (-1)
5% less capital invested
Capital invested by funds: $19M → $18M (-$1.04M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.1M |
| 2 |
Morgan Stanley
New York
|
+$850K |
| 3 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
+$120K |
| 4 |
CAMG
CWA Asset Management Group
Naples,
Florida
|
+$82.8K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$67.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$305K |
| 2 |
MC
Matisse Capital
Portland,
Oregon
|
-$255K |
| 3 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
-$156K |
| 4 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
-$24K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$11.8K |
SRV Hedge Fund Activity: Q1 2018 in Review
20 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q1 2018, worth a combined $18M — down 5.5% from $19M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SRV and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 9 added.
The largest buyer was Sit Investment Associates, adding an estimated $1.1M. The largest seller was Invesco, cutting an estimated $305K.
- 20 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q1 2018, down from 21 in Q4 2017.
- Funds reported $18M of NXG Cushing Midstream Energy Fund stock for Q1 2018, down 5.5% quarter-over-quarter.
- 1 fund opened new NXG Cushing Midstream Energy Fund positions in Q1 2018 and 2 closed out, a net change of -1 holder.
- The largest NXG Cushing Midstream Energy Fund buyer in Q1 2018 was Sit Investment Associates, an estimated $1.1M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q1 2018 was Invesco, an estimated $305K sold.
Based on aggregated 13F filings for Q1 2018.