NXG Cushing Midstream Energy Fund
SRV
21 hedge funds and large institutions have $15.3M invested in NXG Cushing Midstream Energy Fund in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 3 closing their positions.
7% more capital invested
Capital invested by funds: $14.2M → $15.3M (+$1.04M)
0.49% more ownership
Funds ownership: 5.18% → 5.67% (+0.49%)
5% less funds holding
Funds holding: 22 → 21 (-1)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$1.58M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$303K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$123K |
| 4 |
WS
Wedbush Securities
Los Angeles,
California
|
+$102K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$61.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$310K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$184K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$148K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$134K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$78.5K |
SRV Hedge Fund Activity: Q3 2019 in Review
21 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q3 2019, worth a combined $15.3M — up 7.3% from $14.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SRV and 2 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 7 added.
The largest buyer was Kayne Anderson Capital Advisors, adding an estimated $1.58M. The largest seller was Curi RMB Capital, exiting entirely with an estimated $310K sold.
- 21 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q3 2019, down from 22 in Q2 2019.
- Funds reported $15.3M of NXG Cushing Midstream Energy Fund stock for Q3 2019, up 7.3% quarter-over-quarter.
- 2 funds opened new NXG Cushing Midstream Energy Fund positions in Q3 2019 and 3 closed out, a net change of -1 holder.
- The largest NXG Cushing Midstream Energy Fund buyer in Q3 2019 was Kayne Anderson Capital Advisors, an estimated $1.58M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q3 2019 was Curi RMB Capital, an estimated $310K sold.
Based on aggregated 13F filings for Q3 2019.