FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
FEI was delisted on the 3rd of May, 2024.
83 hedge funds and large institutions have $102M invested in FIRST TRUST MLP AND ENERGY INCOME FUND in 2022 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 7 closing their positions.
129% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 7
50% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 20
19% more capital invested
Capital invested by funds: $86.2M → $102M (+$16M)
11% more funds holding
Funds holding: 75 → 83 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$4.73M |
| 2 |
Morgan Stanley
New York
|
+$1.35M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$1.02M |
| 4 |
Mariner
Overland Park,
Kansas
|
+$788K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$628K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.71M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$536K |
| 3 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
-$300K |
| 4 |
Cohen & Steers
New York
|
-$281K |
| 5 |
ACM
Anfield Capital Management
Irvine,
California
|
-$203K |
FEI Hedge Fund Activity: Q4 2022 in Review
83 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST MLP AND ENERGY INCOME FUND (FEI) for Q4 2022, worth a combined $102M — up 19% from $86.2M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FEI positions and 7 closed out — a net gain of 9 holders — while 30 added to existing stakes and 20 trimmed.
The largest buyer was Saba Capital Management, opening a new position worth an estimated $4.73M. The largest seller was Cornerstone Advisors, cutting an estimated $2.71M.
- 83 institutional investors held FIRST TRUST MLP AND ENERGY INCOME FUND (FEI) as of Q4 2022, up from 75 in Q3 2022.
- Funds reported $102M of FIRST TRUST MLP AND ENERGY INCOME FUND stock for Q4 2022, up 19% quarter-over-quarter.
- 16 funds opened new FIRST TRUST MLP AND ENERGY INCOME FUND positions in Q4 2022 and 7 closed out, a net change of +9 holders.
- The largest FIRST TRUST MLP AND ENERGY INCOME FUND buyer in Q4 2022 was Saba Capital Management, an estimated $4.73M added.
- The largest FIRST TRUST MLP AND ENERGY INCOME FUND seller in Q4 2022 was Cornerstone Advisors, an estimated $2.71M sold.
Based on aggregated 13F filings for Q4 2022.