FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
FEI was delisted on the 3rd of May, 2024.
96 hedge funds and large institutions have $175M invested in FIRST TRUST MLP AND ENERGY INCOME FUND in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 35 reducing their positions, and 10 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
0% less capital invested
Capital invested by funds: $175M → $175M (-$212K)
4% less funds holding
Funds holding: 100 → 96 (-4)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
14% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$8.07M |
| 2 |
Goldman Sachs
New York
|
+$3.09M |
| 3 |
LCWP
Legacy Capital Wealth Partners
Little Rock,
Arkansas
|
+$2.36M |
| 4 |
QL
Quarry LP
New York
|
+$2.25M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$36.4M |
| 2 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$1.79M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$1.03M |
| 4 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$992K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$711K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
101
Quantedge Capital
Singapore
| – | -$154K | -17,963 | Closed |
|
|
KA
102
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$135K | -15,740 | Closed |
|
|
BI
103
Bulldog Investors
Saddle Brook,
New Jersey
| – | -$132K | -15,392 | Closed |
|
104
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$105K | -12,201 | Closed |
|
|
LF
105
Lee Financial
Dallas,
Texas
| – | -$8.08K | -943 | Closed |
|
|
GI
106
Gradient Investments
Arden Hills,
Minnesota
| – | -$643 | -75 | Closed |
|
FEI Hedge Fund Activity: Q1 2024 in Review
96 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST MLP AND ENERGY INCOME FUND (FEI) for Q1 2024, worth a combined $175M — down 0.12% from $175M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FEI and 9 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 30 added.
The largest buyer was Absolute Investment Advisers, opening a new position worth an estimated $8.07M. The largest seller was Morgan Stanley, cutting an estimated $36.4M.
- 96 institutional investors held FIRST TRUST MLP AND ENERGY INCOME FUND (FEI) as of Q1 2024, down from 100 in Q4 2023.
- Funds reported $175M of FIRST TRUST MLP AND ENERGY INCOME FUND stock for Q1 2024, down 0.12% quarter-over-quarter.
- 9 funds opened new FIRST TRUST MLP AND ENERGY INCOME FUND positions in Q1 2024 and 10 closed out, a net change of -1 holder.
- The largest FIRST TRUST MLP AND ENERGY INCOME FUND buyer in Q1 2024 was Absolute Investment Advisers, an estimated $8.07M added.
- The largest FIRST TRUST MLP AND ENERGY INCOME FUND seller in Q1 2024 was Morgan Stanley, an estimated $36.4M sold.
Based on aggregated 13F filings for Q1 2024.