NXG Cushing Midstream Energy Fund
SRV
22 hedge funds and large institutions have $24.8M invested in NXG Cushing Midstream Energy Fund in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 22 → 22 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
4.46% less ownership
Funds ownership: 38.51% → 34.05% (-4.5%)
9% less capital invested
Capital invested by funds: $27.4M → $24.8M (-$2.59M)
64% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$159K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$124K |
| 3 |
CT
Colonial Trust
Spartanburg,
South Carolina
|
+$86.4K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$15.9K |
| 5 |
LPL Financial
San Diego,
California
|
+$14.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
-$1.53M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$531K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
-$514K |
| 4 |
SCM
Saba Capital Management
New York
|
-$375K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$268K |
SRV Hedge Fund Activity: Q4 2022 in Review
22 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in NXG Cushing Midstream Energy Fund (SRV) for Q4 2022, worth a combined $24.8M — down 9.5% from $27.4M a quarter earlier.
Fund positioning in SRV was balanced in Q4 2022: 4 funds opened new positions, 4 closed out, 4 added to existing stakes and 11 trimmed.
The largest buyer was NewEdge Advisors, opening a new position worth an estimated $159K. The largest seller was Almitas Capital, cutting an estimated $1.53M.
- 22 institutional investors held NXG Cushing Midstream Energy Fund (SRV) as of Q4 2022, unchanged from Q3 2022.
- Funds reported $24.8M of NXG Cushing Midstream Energy Fund stock for Q4 2022, down 9.5% quarter-over-quarter.
- 4 funds opened new NXG Cushing Midstream Energy Fund positions in Q4 2022 and 4 closed out, a net change of 0 holders.
- The largest NXG Cushing Midstream Energy Fund buyer in Q4 2022 was NewEdge Advisors, an estimated $159K added.
- The largest NXG Cushing Midstream Energy Fund seller in Q4 2022 was Almitas Capital, an estimated $1.53M sold.
Based on aggregated 13F filings for Q4 2022.