FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
FEI was delisted on the 3rd of May, 2024.
75 hedge funds and large institutions have $86.2M invested in FIRST TRUST MLP AND ENERGY INCOME FUND in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 9 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
3% less capital invested
Capital invested by funds: $88.4M → $86.2M (-$2.23M)
5% less funds holding
Funds holding: 79 → 75 (-4)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.96M |
| 2 |
Rockefeller Capital Management
New York
|
+$1.28M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.26M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$727K |
| 5 |
WA
WESPAC Advisors
Orinda,
California
|
+$615K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$684K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$602K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$377K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$299K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$290K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Envestnet Asset Management
Chicago,
Illinois
| – | -$377K | -49,059 | Closed |
|
|
GC
77
Guggenheim Capital
Chicago,
Illinois
| – | -$299K | -38,931 | Closed |
|
|
78
Invesco
Atlanta,
Georgia
| – | -$290K | -37,679 | Closed |
|
|
VF
79
Virtu Financial
New York
| – | -$152K | -19,735 | Closed |
|
|
GA
80
Greytown Advisors
Miami,
Florida
| – | -$110K | -14,251 | Closed |
|
|
BFEC
81
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$20K | -2,575 | Closed |
|
|
PMFA
82
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$19K | -2,500 | Closed |
|
|
TCWM
83
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$10K | -1,250 | Closed |
|
|
IHWM
84
Iron Horse Wealth Management
Johston,
Iowa
| – | -$2K | -250 | Closed |
|
FEI Hedge Fund Activity: Q3 2022 in Review
75 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST MLP AND ENERGY INCOME FUND (FEI) for Q3 2022, worth a combined $86.2M — down 2.5% from $88.4M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FEI and 6 opened new positions — a net loss of 3 holders — while 21 trimmed existing stakes and 31 added.
The largest buyer was Cornerstone Advisors, adding an estimated $1.96M. The largest seller was Morgan Stanley, cutting an estimated $684K.
- 75 institutional investors held FIRST TRUST MLP AND ENERGY INCOME FUND (FEI) as of Q3 2022, down from 79 in Q2 2022.
- Funds reported $86.2M of FIRST TRUST MLP AND ENERGY INCOME FUND stock for Q3 2022, down 2.5% quarter-over-quarter.
- 6 funds opened new FIRST TRUST MLP AND ENERGY INCOME FUND positions in Q3 2022 and 9 closed out, a net change of -3 holders.
- The largest FIRST TRUST MLP AND ENERGY INCOME FUND buyer in Q3 2022 was Cornerstone Advisors, an estimated $1.96M added.
- The largest FIRST TRUST MLP AND ENERGY INCOME FUND seller in Q3 2022 was Morgan Stanley, an estimated $684K sold.
Based on aggregated 13F filings for Q3 2022.