NXG Cushing Midstream Energy Fund
SRV
24 hedge funds and large institutions have $24.5M invested in NXG Cushing Midstream Energy Fund in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 3 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
1.73% more ownership
Funds ownership: 38.73% → 40.46% (+1.7%)
8% less funds holding
Funds holding: 26 → 24 (-2)
17% less capital invested
Capital invested by funds: $29.4M → $24.5M (-$4.94M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$1.9M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$988K |
| 3 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$265K |
| 4 |
AC
Almitas Capital
Santa Monica,
California
|
+$150K |
| 5 |
Morgan Stanley
New York
|
+$131K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.18M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$559K |
| 3 |
OFG
OTA Financial Group
Purchase,
New York
|
-$548K |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$59.3K |
| 5 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$11.9K |
SRV Hedge Fund Activity: Q2 2022 in Review
24 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q2 2022, worth a combined $24.5M — down 17% from $29.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of SRV and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 10 added.
The largest buyer was 1607 Capital Partners, adding an estimated $1.9M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $1.18M sold.
- 24 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q2 2022, down from 26 in Q1 2022.
- Funds reported $24.5M of NXG Cushing Midstream Energy Fund stock for Q2 2022, down 17% quarter-over-quarter.
- 1 fund opened new NXG Cushing Midstream Energy Fund positions in Q2 2022 and 3 closed out, a net change of -2 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q2 2022 was 1607 Capital Partners, an estimated $1.9M added.
- The largest NXG Cushing Midstream Energy Fund seller in Q2 2022 was Rivernorth Capital Management, an estimated $1.18M sold.
Based on aggregated 13F filings for Q2 2022.