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First Trust North American Energy Infrastructure Fund

86 hedge funds and large institutions have $677M invested in First Trust North American Energy Infrastructure Fund in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 37 increasing their positions, 21 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

120% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 10

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

76% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 21

23% more capital invested

Capital invested by funds: $552M → $677M (+$125M)

15% more funds holding

Funds holding: 7586 (+11)

3.24% more ownership

Funds ownership: 63.53%66.77% (+3.2%)

Holders
86
Holders Change
+11
Holders Change %
+14.67%
% of All Funds
2.29%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
22
Increased
37
Reduced
21
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$211M +$52.8M +1,922,405 +34%
CC
2
Curian Capital
Colorado
$78.8M -$25.5M -927,326 -25%
Bank of America
3
Bank of America
North Carolina
$56.4M +$4.82M +175,477 +10%
Wells Fargo
4
Wells Fargo
California
$42.1M +$9.69M +352,886 +31%
UBS Group
5
UBS Group
Switzerland
$34.3M +$33.5M +1,218,536 New
GWS
6
Glassman Wealth Services
Virginia
$30.7M +$29.9M +1,089,496 New
WF
7
Welch & Forbes
Massachusetts
$30.2M +$1.9M +69,298 +7%
Citigroup
8
Citigroup
New York
$23.2M +$19.2M +700,452 +564%
LPL Financial
9
LPL Financial
California
$20.9M +$2.09M +76,234 +11%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$20.1M -$2.6M -94,651 -12%
BFA
11
Beaumont Financial Advisors
Massachusetts
$18.9M +$978K +35,617 +6%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$12.6M +$885K +32,198 +8%
NEPWA
13
New England Private Wealth Advisors
Massachusetts
$8.71M +$1.72M +62,727 +26%
RJA
14
Raymond James & Associates
Florida
$6.68M +$3.71M +135,004 +132%
AA
15
Ancora Advisors
Ohio
$4.73M +$4.61M +167,888 New
CL
16
Choreo LLC
Illinois
$4.2M +$1.01M +36,896 +33%
SCA
17
Strategic Capital Alternatives
United States
$4.16M -$55.4K -2,016 -1%
ACM
18
Argentus Capital Management
Texas
$3.79M +$1.74M +63,388 +89%
Thrivent Financial for Lutherans
19
Thrivent Financial for Lutherans
Minnesota
$3.71M -$345K -12,570 -9%
Stifel Financial
20
Stifel Financial
Missouri
$3.01M -$1.34M -48,631 -31%
JIC
21
Johnson Investment Counsel
Ohio
$2.82M +$1.8M +65,610 +189%
MFS
22
MSI Financial Services
Massachusetts
$2.62M +$775K +28,219 +44%
IH
23
IFC Holdings
Florida
$2.6M -$2.23K -81 -0.1%
BTS
24
BB&T Securities
Virginia
$2.38M -$21.2K -773 -8%
LTFS
25
Ladenburg Thalmann Financial Services
Florida
$2.19M +$349K +12,719 +20%

EMLP Hedge Fund Activity: Q4 2014 in Review

86 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust North American Energy Infrastructure Fund (EMLP) for Q4 2014, worth a combined $677M — up 23% from $552M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new EMLP positions and 10 closed out — a net gain of 12 holders — while 37 added to existing stakes and 21 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $52.8M. The largest seller was Curian Capital, cutting an estimated $25.5M.

  • 86 institutional investors held First Trust North American Energy Infrastructure Fund (EMLP) as of Q4 2014, up from 75 in Q3 2014.
  • Funds reported $677M of First Trust North American Energy Infrastructure Fund stock for Q4 2014, up 23% quarter-over-quarter.
  • 22 funds opened new First Trust North American Energy Infrastructure Fund positions in Q4 2014 and 10 closed out, a net change of +12 holders.
  • The largest First Trust North American Energy Infrastructure Fund buyer in Q4 2014 was Morgan Stanley, an estimated $52.8M added.
  • The largest First Trust North American Energy Infrastructure Fund seller in Q4 2014 was Curian Capital, an estimated $25.5M sold.

Based on aggregated 13F filings for Q4 2014.