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SRV

NXG Cushing Midstream Energy Fund

26 hedge funds and large institutions have $15M invested in NXG Cushing Midstream Energy Fund in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 7

0.1% less ownership

Funds ownership: 6.67%6.57% (-0.1%)

4% less funds holding

Funds holding: 2726 (-1)

20% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 5

29% less capital invested

Capital invested by funds: $21.2M → $15M (-$6.19M)

Holders
26
Holders Change
-1
Holders Change %
-3.7%
% of All Funds
0.58%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
10
Reduced
7
Closed
5
Calls
Puts
Net Calls
Net Calls Change

SRV Hedge Fund Activity: Q4 2018 in Review

26 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q4 2018, worth a combined $15M — down 29% from $21.2M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of SRV and 4 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 10 added.

The largest buyer was Morgan Stanley, adding an estimated $956K. The largest seller was UBS Group, cutting an estimated $1.54M.

  • 26 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q4 2018, down from 27 in Q3 2018.
  • Funds reported $15M of NXG Cushing Midstream Energy Fund stock for Q4 2018, down 29% quarter-over-quarter.
  • 4 funds opened new NXG Cushing Midstream Energy Fund positions in Q4 2018 and 5 closed out, a net change of -1 holder.
  • The largest NXG Cushing Midstream Energy Fund buyer in Q4 2018 was Morgan Stanley, an estimated $956K added.
  • The largest NXG Cushing Midstream Energy Fund seller in Q4 2018 was UBS Group, an estimated $1.54M sold.

Based on aggregated 13F filings for Q4 2018.