First Trust North American Energy Infrastructure Fund
EMLP
106 hedge funds and large institutions have $633M invested in First Trust North American Energy Infrastructure Fund in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 54 increasing their positions, 31 reducing their positions, and 17 closing their positions.
500% more funds holding in top 10
Funds holding in top 10: 1 → 6 (+5)
74% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 31
21% more capital invested
Capital invested by funds: $522M → $633M (+$112M)
3.3% more ownership
Funds ownership: 58.76% → 62.06% (+3.3%)
4% less funds holding
Funds holding: 110 → 106 (-4)
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$18.9M |
| 2 |
Morgan Stanley
New York
|
+$9M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$6.47M |
| 4 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$5.73M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$5.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.09M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.18M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$1.66M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.14M |
| 5 |
VF
Virtu Financial
New York
|
-$995K |
EMLP Hedge Fund Activity: Q1 2016 in Review
106 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in First Trust North American Energy Infrastructure Fund (EMLP) for Q1 2016, worth a combined $633M — up 21% from $522M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of EMLP and 14 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 54 added.
The largest buyer was Glenmede Trust, adding an estimated $18.9M. The largest seller was Jane Street, exiting entirely with an estimated $6.09M sold.
- 106 institutional investors held First Trust North American Energy Infrastructure Fund (EMLP) as of Q1 2016, down from 110 in Q4 2015.
- Funds reported $633M of First Trust North American Energy Infrastructure Fund stock for Q1 2016, up 21% quarter-over-quarter.
- 14 funds opened new First Trust North American Energy Infrastructure Fund positions in Q1 2016 and 17 closed out, a net change of -3 holders.
- The largest First Trust North American Energy Infrastructure Fund buyer in Q1 2016 was Glenmede Trust, an estimated $18.9M added.
- The largest First Trust North American Energy Infrastructure Fund seller in Q1 2016 was Jane Street, an estimated $6.09M sold.
Based on aggregated 13F filings for Q1 2016.