FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
FEI was delisted on the 3rd of May, 2024.
83 hedge funds and large institutions have $104M invested in FIRST TRUST MLP AND ENERGY INCOME FUND in 2023 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 24 reducing their positions, and 8 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 24
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1% more capital invested
Capital invested by funds: $102M → $104M (+$1.49M)
0% more funds holding
Funds holding: 83 → 83 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$5.33M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.22M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$636K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$288K |
| 5 |
SIA
Schechter Investment Advisors
Birmingham,
Michigan
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.98M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$642K |
| 3 |
Rockefeller Capital Management
New York
|
-$568K |
| 4 |
IFG
Independent Financial Group
San Diego,
California
|
-$535K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$457K |
FEI Hedge Fund Activity: Q1 2023 in Review
83 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST MLP AND ENERGY INCOME FUND (FEI) for Q1 2023, worth a combined $104M — up 1.5% from $102M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FEI positions and 8 closed out — a net gain of 1 holder — while 29 added to existing stakes and 24 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $5.33M. The largest seller was Morgan Stanley, cutting an estimated $2.98M.
- 83 institutional investors held FIRST TRUST MLP AND ENERGY INCOME FUND (FEI) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $104M of FIRST TRUST MLP AND ENERGY INCOME FUND stock for Q1 2023, up 1.5% quarter-over-quarter.
- 9 funds opened new FIRST TRUST MLP AND ENERGY INCOME FUND positions in Q1 2023 and 8 closed out, a net change of +1 holder.
- The largest FIRST TRUST MLP AND ENERGY INCOME FUND buyer in Q1 2023 was Saba Capital Management, an estimated $5.33M added.
- The largest FIRST TRUST MLP AND ENERGY INCOME FUND seller in Q1 2023 was Morgan Stanley, an estimated $2.98M sold.
Based on aggregated 13F filings for Q1 2023.