First Trust North American Energy Infrastructure Fund
EMLP
236 hedge funds and large institutions have $1.31B invested in First Trust North American Energy Infrastructure Fund in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 83 increasing their positions, 93 reducing their positions, and 48 closing their positions.
7.71% more ownership
Funds ownership: 63.46% → 71.17% (+7.7%)
9% less funds holding
Funds holding: 259 → 236 (-23)
11% less repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 93
26% less capital invested
Capital invested by funds: $1.78B → $1.31B (-$468M)
40% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 48
47% less funds holding in top 10
Funds holding in top 10: 15 → 8 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$173M |
| 2 |
WANY
Wealthspire Advisors (New York)
New York
|
+$22M |
| 3 |
SC
Savant Capital
Rockford,
Illinois
|
+$18.1M |
| 4 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$17.9M |
| 5 |
ABC
Associated Banc-Corp
Green Bay,
Wisconsin
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NEIRG
New England Investment & Retirement Group
North Andover,
Massachusetts
|
-$24M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$18.4M |
| 3 |
TA
Tiedemann Advisors
New York
|
-$17M |
| 4 |
LA
LVW Advisors
Pittsford,
New York
|
-$14.8M |
| 5 |
AFA
Arlington Financial Advisors
Santa Barbara,
California
|
-$14.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WQ
276
Wealth Quarterback
Toms River,
New Jersey
| – | -$38.6K | -1,513 | Closed |
|
|
SWM
277
Sugarloaf Wealth Management
Duluth,
Georgia
| – | -$33K | -1,305 | Closed |
|
|
TI
278
tru Independence
Portland,
Oregon
| – | -$12K | -645 | Closed |
|
|
MCM
279
Manchester Capital Management
Manchester,
Vermont
| – | -$15K | -600 | Closed |
|
|
VCP
280
Verus Capital Partners
Scottsdale,
Arizona
| – | -$14K | -541 | Closed |
|
281
AssetMark Inc
Concord,
California
| – | -$4K | -144 | Closed |
|
282
Fidelity Investments
Boston,
Massachusetts
| – | +$47 | +2 | +200% |
|
|
KFI
283
Key Financial Inc
West Chester,
Pennsylvania
| – | +$398 | +17 | New |
|
EMLP Hedge Fund Activity: Q1 2020 in Review
236 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust North American Energy Infrastructure Fund (EMLP) for Q1 2020, worth a combined $1.31B — down 26% from $1.78B a quarter earlier.
Sellers outnumbered buyers: 48 funds closed out of EMLP and 29 opened new positions — a net loss of 19 holders — while 93 trimmed existing stakes and 83 added.
The largest buyer was Morgan Stanley, adding an estimated $173M. The largest seller was New England Investment & Retirement Group, cutting an estimated $24M.
- 236 institutional investors held First Trust North American Energy Infrastructure Fund (EMLP) as of Q1 2020, down from 259 in Q4 2019.
- Funds reported $1.31B of First Trust North American Energy Infrastructure Fund stock for Q1 2020, down 26% quarter-over-quarter.
- 29 funds opened new First Trust North American Energy Infrastructure Fund positions in Q1 2020 and 48 closed out, a net change of -19 holders.
- The largest First Trust North American Energy Infrastructure Fund buyer in Q1 2020 was Morgan Stanley, an estimated $173M added.
- The largest First Trust North American Energy Infrastructure Fund seller in Q1 2020 was New England Investment & Retirement Group, an estimated $24M sold.
Based on aggregated 13F filings for Q1 2020.