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SRV

NXG Cushing Midstream Energy Fund

22 hedge funds and large institutions have $27.4M invested in NXG Cushing Midstream Energy Fund in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more capital invested

Capital invested by funds: $24.5M → $27.4M (+$2.85M)

1.94% less ownership

Funds ownership: 40.46%38.51% (-1.9%)

8% less funds holding

Funds holding: 2422 (-2)

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

55% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 11

Holders
22
Holders Change
-2
Holders Change %
-8.33%
% of All Funds
0.38%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
5
Reduced
11
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$7.51M -$14.5K -452 -0.2%
Morgan Stanley
2
Morgan Stanley
New York
$4.44M +$821K +25,533 +23%
1CP
3
1607 Capital Partners
Virginia
$3.21M -$45K -1,400 -1%
AC
4
Almitas Capital
California
$2.81M -$1.43M -44,577 -34%
BI
5
Bulldog Investors
New Jersey
$2.75M +$86.5K +2,690 +3%
TJHA
6
Thomas J. Herzfeld Advisors
Florida
$1.52M +$1.5M +46,524 New
CCP
7
Clough Capital Partners
Massachusetts
$1.24M +$28.9K +900 +2%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$875K -$3.05K -95 -0.4%
Wells Fargo
9
Wells Fargo
California
$685K -$51.6K -1,604 -7%
KACA
10
Kayne Anderson Capital Advisors
California
$570K -$41.8K -1,300 -7%
LSC
11
Logan Stone Capital
Illinois
$455K -$2.89K -90 -0.6%
CL
12
CSS LLC
Illinois
$409K +$5.66K +176 +1%
LPL Financial
13
LPL Financial
California
$285K +$2.89K +90 +1%
Bank of America
14
Bank of America
North Carolina
$268K -$43.9K -1,365 -14%
UBS Group
15
UBS Group
Switzerland
$179K -$16.4K -511 -8%
Osaic Holdings
16
Osaic Holdings
Arizona
$102K -$9K -280 -8%
SIA
17
Sit Investment Associates
Minnesota
$33K -$347K -10,800 -92%
PA
18
PSI Advisors
Florida
$15K +$14.5K +450 New
IA
19
IFP Advisors
Florida
$2K
ACM
20
Antonetti Capital Management
Florida
$1K
CHA
21
Carmichael Hill & Associates
Maryland
$1K
Northwestern Mutual Wealth Management
22
Northwestern Mutual Wealth Management
Wisconsin
$1K +$932 +29 New
WAM
23
Wolverine Asset Management
Illinois
-$933K -33,586 Closed
SKK
24
Shepherd Kaplan Krochuk
Massachusetts
-$323K -11,630 Closed
Invesco
25
Invesco
Georgia
-$299K -10,754 Closed

SRV Hedge Fund Activity: Q3 2022 in Review

22 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q3 2022, worth a combined $27.4M — up 12% from $24.5M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of SRV and 3 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 5 added.

The largest buyer was Thomas J. Herzfeld Advisors, opening a new position worth an estimated $1.5M. The largest seller was Almitas Capital, cutting an estimated $1.43M.

  • 22 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q3 2022, down from 24 in Q2 2022.
  • Funds reported $27.4M of NXG Cushing Midstream Energy Fund stock for Q3 2022, up 12% quarter-over-quarter.
  • 3 funds opened new NXG Cushing Midstream Energy Fund positions in Q3 2022 and 5 closed out, a net change of -2 holders.
  • The largest NXG Cushing Midstream Energy Fund buyer in Q3 2022 was Thomas J. Herzfeld Advisors, an estimated $1.5M added.
  • The largest NXG Cushing Midstream Energy Fund seller in Q3 2022 was Almitas Capital, an estimated $1.43M sold.

Based on aggregated 13F filings for Q3 2022.