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First Trust North American Energy Infrastructure Fund

99 hedge funds and large institutions have $521M invested in First Trust North American Energy Infrastructure Fund in 2015 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 33 increasing their positions, 37 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 13

8% more funds holding

Funds holding: 9299 (+7)

0.37% less ownership

Funds ownership: 59.98%59.61% (-0.37%)

11% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 37

22% less capital invested

Capital invested by funds: $664M → $521M (-$143M)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
99
Holders Change
+7
Holders Change %
+7.61%
% of All Funds
2.76%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.08%
New
21
Increased
33
Reduced
37
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$192M -$10M -418,687 -5%
Bank of America
2
Bank of America
North Carolina
$42.5M +$3.34M +139,796 +8%
Wells Fargo
3
Wells Fargo
California
$40.6M -$2.45M -102,663 -5%
WF
4
Welch & Forbes
Massachusetts
$25.2M +$347K +14,500 +1%
GWS
5
Glassman Wealth Services
Virginia
$22.2M -$12.7M -532,225 -34%
UBS Group
6
UBS Group
Switzerland
$20.7M -$22.4M -935,177 -50%
BFA
7
Beaumont Financial Advisors
Massachusetts
$16.5M
FIM
8
Frontier Investment Management
Texas
$16.3M -$1.45M -60,570 -8%
LPL Financial
9
LPL Financial
California
$13.9M -$5.73M -239,757 -29%
HighTower Advisors
10
HighTower Advisors
Illinois
$9.7M +$6.13M +256,202 +137%
SCA
11
Strategic Capital Alternatives
United States
$7.99M +$3.5M +146,518 +67%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$7.92M -$5.37M -224,615 -38%
RJFSA
13
Raymond James Financial Services Advisors
Florida
$7.32M +$8M +334,460 New
CC
14
Curian Capital
Colorado
$6.59M -$29.5M -1,232,736 -80%
CL
15
Choreo LLC
Illinois
$6.15M +$2.08M +86,795 +45%
ACM
16
Argentus Capital Management
Texas
$6.08M +$1.53M +63,983 +30%
RW
17
Rand Wealth
Maryland
$5.45M +$5.95M +248,959 New
NEPWA
18
New England Private Wealth Advisors
Massachusetts
$4.85M -$1.18M -49,532 -18%
ST
19
Spinnaker Trust
Maine
$4.42M +$1.27M +53,147 +36%
AA
20
Ancora Advisors
Ohio
$3.71M -$159K -6,654 -4%
Jane Street
21
Jane Street
New York
$3.35M +$2.86M +119,658 +358%
RJA
22
Raymond James & Associates
Florida
$3.15M -$3.01M -125,710 -47%
ACM
23
Aviance Capital Management
Florida
$2.98M +$3.25M +136,015 New
Betterment LLC
24
Betterment LLC
New York
$2.42M +$1.36M +56,694 +105%
JIC
25
Johnson Investment Counsel
Ohio
$2.27M +$378K +15,800 +18%

EMLP Hedge Fund Activity: Q3 2015 in Review

99 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust North American Energy Infrastructure Fund (EMLP) for Q3 2015, worth a combined $521M — down 22% from $664M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new EMLP positions and 13 closed out — a net gain of 8 holders — while 33 added to existing stakes and 37 trimmed.

The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $8M. The largest seller was Curian Capital, cutting an estimated $29.5M.

  • 99 institutional investors held First Trust North American Energy Infrastructure Fund (EMLP) as of Q3 2015, up from 92 in Q2 2015.
  • Funds reported $521M of First Trust North American Energy Infrastructure Fund stock for Q3 2015, down 22% quarter-over-quarter.
  • 21 funds opened new First Trust North American Energy Infrastructure Fund positions in Q3 2015 and 13 closed out, a net change of +8 holders.
  • The largest First Trust North American Energy Infrastructure Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $8M added.
  • The largest First Trust North American Energy Infrastructure Fund seller in Q3 2015 was Curian Capital, an estimated $29.5M sold.

Based on aggregated 13F filings for Q3 2015.