First Trust North American Energy Infrastructure Fund
EMLP
218 hedge funds and large institutions have $1.26B invested in First Trust North American Energy Infrastructure Fund in 2018 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 69 increasing their positions, 83 reducing their positions, and 29 closing their positions.
59% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 29
9% more funds holding in top 10
Funds holding in top 10: 11 → 12 (+1)
7% more funds holding
Funds holding: 203 → 218 (+15)
0.24% less ownership
Funds ownership: 59.72% → 59.48% (-0.24%)
7% less capital invested
Capital invested by funds: $1.36B → $1.26B (-$95.4M)
17% less repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 83
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LJAC
L.J. Altfest & Co
New York
|
+$22.7M |
| 2 |
TA
Tiedemann Advisors
New York
|
+$13.5M |
| 3 |
PWPCM
Perella Weinberg Partners Capital Management
New York
|
+$11M |
| 4 |
ABTD
Arvest Bank Trust Division
Dewey,
Oklahoma
|
+$9.54M |
| 5 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
+$7.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWS
Glassman Wealth Services
Vienna,
Virginia
|
-$38.6M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
-$12.3M |
| 3 |
MCWS
McKinley Carter Wealth Services
Wheeling,
West Virginia
|
-$8.58M |
| 4 |
Morgan Stanley
New York
|
-$8.45M |
| 5 |
FIM
Frontier Investment Management
Dallas,
Texas
|
-$7.11M |
EMLP Hedge Fund Activity: Q4 2018 in Review
218 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in First Trust North American Energy Infrastructure Fund (EMLP) for Q4 2018, worth a combined $1.26B — down 7% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new EMLP positions and 29 closed out — a net gain of 17 holders — while 69 added to existing stakes and 83 trimmed.
The largest buyer was L.J. Altfest & Co, adding an estimated $22.7M. The largest seller was Glassman Wealth Services, cutting an estimated $38.6M.
- 218 institutional investors held First Trust North American Energy Infrastructure Fund (EMLP) as of Q4 2018, up from 203 in Q3 2018.
- Funds reported $1.26B of First Trust North American Energy Infrastructure Fund stock for Q4 2018, down 7% quarter-over-quarter.
- 46 funds opened new First Trust North American Energy Infrastructure Fund positions in Q4 2018 and 29 closed out, a net change of +17 holders.
- The largest First Trust North American Energy Infrastructure Fund buyer in Q4 2018 was L.J. Altfest & Co, an estimated $22.7M added.
- The largest First Trust North American Energy Infrastructure Fund seller in Q4 2018 was Glassman Wealth Services, an estimated $38.6M sold.
Based on aggregated 13F filings for Q4 2018.