NXG Cushing Midstream Energy Fund
SRV
26 hedge funds and large institutions have $29.4M invested in NXG Cushing Midstream Energy Fund in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 12 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
17% more capital invested
Capital invested by funds: $25.1M → $29.4M (+$4.38M)
8% more funds holding
Funds holding: 24 → 26 (+2)
1.02% more ownership
Funds ownership: 37.71% → 38.73% (+1%)
58% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$118K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$106K |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
+$58.8K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$29.1K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.13M |
| 2 |
Morgan Stanley
New York
|
-$379K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$373K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$249K |
| 5 |
SCM
Saba Capital Management
New York
|
-$155K |
SRV Hedge Fund Activity: Q1 2022 in Review
26 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q1 2022, worth a combined $29.4M — up 17% from $25.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SRV positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 12 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $118K. The largest seller was Rivernorth Capital Management, cutting an estimated $2.13M.
- 26 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q1 2022, up from 24 in Q4 2021.
- Funds reported $29.4M of NXG Cushing Midstream Energy Fund stock for Q1 2022, up 17% quarter-over-quarter.
- 4 funds opened new NXG Cushing Midstream Energy Fund positions in Q1 2022 and 1 closed out, a net change of +3 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q1 2022 was Wolverine Asset Management, an estimated $118K added.
- The largest NXG Cushing Midstream Energy Fund seller in Q1 2022 was Rivernorth Capital Management, an estimated $2.13M sold.
Based on aggregated 13F filings for Q1 2022.