First Trust North American Energy Infrastructure Fund
EMLP
145 hedge funds and large institutions have $903M invested in First Trust North American Energy Infrastructure Fund in 2016 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 60 increasing their positions, 39 reducing their positions, and 15 closing their positions.
107% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 15
54% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 39
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
11% more funds holding
Funds holding: 131 → 145 (+14)
0.03% more ownership
Funds ownership: 58.29% → 58.32% (+0.03%)
11% less capital invested
Capital invested by funds: $1.02B → $903M (-$116M)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$46M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$8.33M |
| 3 |
MBT
Montecito Bank & Trust
Santa Barbara,
California
|
+$6.61M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$6.13M |
| 5 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
+$4.38M |
Top Sellers
| 1 |
JP Morgan Chase
New York
|
-$3.82M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.66M |
| 3 |
MA
MCF Advisors
Covington,
Kentucky
|
-$2.19M |
| 4 |
SCM
Sterling Capital Management
Charlotte,
North Carolina
|
-$1.43M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.24M |
EMLP Hedge Fund Activity: Q4 2016 in Review
145 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust North American Energy Infrastructure Fund (EMLP) for Q4 2016, worth a combined $903M — down 11% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new EMLP positions and 15 closed out — a net gain of 16 holders — while 60 added to existing stakes and 39 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $46M. The largest seller was JP Morgan Chase, cutting an estimated $3.82M.
- 145 institutional investors held First Trust North American Energy Infrastructure Fund (EMLP) as of Q4 2016, up from 131 in Q3 2016.
- Funds reported $903M of First Trust North American Energy Infrastructure Fund stock for Q4 2016, down 11% quarter-over-quarter.
- 31 funds opened new First Trust North American Energy Infrastructure Fund positions in Q4 2016 and 15 closed out, a net change of +16 holders.
- The largest First Trust North American Energy Infrastructure Fund buyer in Q4 2016 was Morgan Stanley, an estimated $46M added.
- The largest First Trust North American Energy Infrastructure Fund seller in Q4 2016 was JP Morgan Chase, an estimated $3.82M sold.
Based on aggregated 13F filings for Q4 2016.