First Trust North American Energy Infrastructure Fund
EMLP
50 hedge funds and large institutions have $229M invested in First Trust North American Energy Infrastructure Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 11 reducing their positions, and 7 closing their positions.
136% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 11
5% more capital invested
Capital invested by funds: $218M → $229M (+$10.3M)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0.63% less ownership
Funds ownership: 51.61% → 50.98% (-0.63%)
2% less funds holding
Funds holding: 51 → 50 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.07M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$2.01M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.48M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.65M |
| 2 |
Jane Street
New York
|
-$1.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.34M |
| 4 |
VF
Virtu Financial
New York
|
-$1.18M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$645K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Jane Street
New York
| – | -$1.4M | -61,257 | Closed |
|
|
VF
52
Virtu Financial
New York
| – | -$1.18M | -51,725 | Closed |
|
|
RIA
53
Regal Investment Advisors
Kentwood,
Michigan
| – | -$429K | -18,779 | Closed |
|
|
VKH
54
Virtu KCG Holdings
New York
| – | -$243K | -10,627 | Closed |
|
|
KIG
55
Kessler Investment Group
Columbus,
Indiana
| – | -$27K | -1,162 | Closed |
|
56
Nomura Holdings
Tokyo,
Japan
| – | -$23K | -1,000 | Closed |
|
57
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$9K | -376 | Closed |
|
EMLP Hedge Fund Activity: Q4 2013 in Review
50 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust North American Energy Infrastructure Fund (EMLP) for Q4 2013, worth a combined $229M — up 4.7% from $218M a quarter earlier.
Fund positioning in EMLP was balanced in Q4 2013: 7 funds opened new positions, 7 closed out, 26 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $2.6M. The largest seller was Morgan Stanley, cutting an estimated $4.65M.
- 50 institutional investors held First Trust North American Energy Infrastructure Fund (EMLP) as of Q4 2013, down from 51 in Q3 2013.
- Funds reported $229M of First Trust North American Energy Infrastructure Fund stock for Q4 2013, up 4.7% quarter-over-quarter.
- 7 funds opened new First Trust North American Energy Infrastructure Fund positions in Q4 2013 and 7 closed out, a net change of 0 holders.
- The largest First Trust North American Energy Infrastructure Fund buyer in Q4 2013 was Bank of America, an estimated $2.6M added.
- The largest First Trust North American Energy Infrastructure Fund seller in Q4 2013 was Morgan Stanley, an estimated $4.65M sold.
Based on aggregated 13F filings for Q4 2013.