FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
FEI was delisted on the 3rd of May, 2024.
84 hedge funds and large institutions have $107M invested in FIRST TRUST MLP AND ENERGY INCOME FUND in 2023 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 8 closing their positions.
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
1% more funds holding
Funds holding: 83 → 84 (+1)
3% more capital invested
Capital invested by funds: $104M → $107M (+$3.28M)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$12.2M |
| 2 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$617K |
| 3 |
ACM
Anfield Capital Management
Irvine,
California
|
+$269K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$217K |
| 5 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$146K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Rockefeller Capital Management
New York
|
-$6.66M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.2M |
| 3 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
-$725K |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
-$610K |
| 5 |
TA
Tiedemann Advisors
New York
|
-$601K |
FEI Hedge Fund Activity: Q2 2023 in Review
84 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST MLP AND ENERGY INCOME FUND (FEI) for Q2 2023, worth a combined $107M — up 3.2% from $104M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FEI positions and 8 closed out — a net gain of 1 holder — while 23 added to existing stakes and 26 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $12.2M. The largest seller was Rockefeller Capital Management, cutting an estimated $6.66M.
- 84 institutional investors held FIRST TRUST MLP AND ENERGY INCOME FUND (FEI) as of Q2 2023, up from 83 in Q1 2023.
- Funds reported $107M of FIRST TRUST MLP AND ENERGY INCOME FUND stock for Q2 2023, up 3.2% quarter-over-quarter.
- 9 funds opened new FIRST TRUST MLP AND ENERGY INCOME FUND positions in Q2 2023 and 8 closed out, a net change of +1 holder.
- The largest FIRST TRUST MLP AND ENERGY INCOME FUND buyer in Q2 2023 was Saba Capital Management, an estimated $12.2M added.
- The largest FIRST TRUST MLP AND ENERGY INCOME FUND seller in Q2 2023 was Rockefeller Capital Management, an estimated $6.66M sold.
Based on aggregated 13F filings for Q2 2023.