NXG Cushing Midstream Energy Fund
SRV
19 hedge funds and large institutions have $16.9M invested in NXG Cushing Midstream Energy Fund in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 4 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
11% more capital invested
Capital invested by funds: $15.3M → $16.9M (+$1.64M)
0.47% more ownership
Funds ownership: 5.67% → 6.15% (+0.47%)
10% less funds holding
Funds holding: 21 → 19 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
+$553K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$511K |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$388K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$186K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$32.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$116K |
| 2 |
FFA
First Foundation Advisors
Irvine,
California
|
-$112K |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
-$102K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$94.6K |
| 5 |
QCIG
Quad-Cities Investment Group
Davenport,
Iowa
|
-$45K |
SRV Hedge Fund Activity: Q4 2019 in Review
19 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q4 2019, worth a combined $16.9M — up 11% from $15.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of SRV and 2 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 10 added.
The largest buyer was Advisor Group, adding an estimated $553K. The largest seller was Sit Investment Associates, cutting an estimated $116K.
- 19 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q4 2019, down from 21 in Q3 2019.
- Funds reported $16.9M of NXG Cushing Midstream Energy Fund stock for Q4 2019, up 11% quarter-over-quarter.
- 2 funds opened new NXG Cushing Midstream Energy Fund positions in Q4 2019 and 4 closed out, a net change of -2 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q4 2019 was Advisor Group, an estimated $553K added.
- The largest NXG Cushing Midstream Energy Fund seller in Q4 2019 was Sit Investment Associates, an estimated $116K sold.
Based on aggregated 13F filings for Q4 2019.