First Trust North American Energy Infrastructure Fund
EMLP
118 hedge funds and large institutions have $748M invested in First Trust North American Energy Infrastructure Fund in 2016 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 50 increasing their positions, 32 reducing their positions, and 9 closing their positions.
178% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 9
56% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 32
18% more capital invested
Capital invested by funds: $633M → $748M (+$115M)
12% more funds holding
Funds holding: 105 → 118 (+13)
3.05% less ownership
Funds ownership: 62.03% → 58.99% (-3%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$14.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.86M |
| 4 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$3.41M |
| 5 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
+$2.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$10.1M |
| 2 |
LPL Financial
San Diego,
California
|
-$7.09M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$6.22M |
| 4 |
IFAM
Institutional & Family Asset Management
Fort Collins,
Colorado
|
-$4.02M |
| 5 |
ST
Spinnaker Trust
Portland,
Maine
|
-$3.98M |
EMLP Hedge Fund Activity: Q2 2016 in Review
118 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust North American Energy Infrastructure Fund (EMLP) for Q2 2016, worth a combined $748M — up 18% from $633M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new EMLP positions and 9 closed out — a net gain of 16 holders — while 50 added to existing stakes and 32 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $19.9M. The largest seller was Glenmede Trust, cutting an estimated $10.1M.
- 118 institutional investors held First Trust North American Energy Infrastructure Fund (EMLP) as of Q2 2016, up from 105 in Q1 2016.
- Funds reported $748M of First Trust North American Energy Infrastructure Fund stock for Q2 2016, up 18% quarter-over-quarter.
- 25 funds opened new First Trust North American Energy Infrastructure Fund positions in Q2 2016 and 9 closed out, a net change of +16 holders.
- The largest First Trust North American Energy Infrastructure Fund buyer in Q2 2016 was Morgan Stanley, an estimated $19.9M added.
- The largest First Trust North American Energy Infrastructure Fund seller in Q2 2016 was Glenmede Trust, an estimated $10.1M sold.
Based on aggregated 13F filings for Q2 2016.