First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
63 hedge funds and large institutions have $48.3M invested in First Trust Energy Income and Growth Fund in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 17 increasing their positions, 27 reducing their positions, and 9 closing their positions.
6% more capital invested
Capital invested by funds: $45.6M → $48.3M (+$2.74M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 67 → 63 (-4)
37% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 27
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$706K |
| 2 |
OFG
OTA Financial Group
Purchase,
New York
|
+$509K |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$322K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$271K |
| 5 |
Invesco
Atlanta,
Georgia
|
+$263K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$2.32M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$911K |
| 3 |
6M
6 Meridian
Wichita,
Kansas
|
-$844K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$754K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$626K |
FEN Hedge Fund Activity: Q4 2020 in Review
63 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q4 2020, worth a combined $48.3M — up 6% from $45.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FEN and 5 opened new positions — a net loss of 4 holders — while 27 trimmed existing stakes and 17 added.
The largest buyer was Cetera Advisors, adding an estimated $706K. The largest seller was Cornerstone Advisors, exiting entirely with an estimated $2.32M sold.
- 63 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q4 2020, down from 67 in Q3 2020.
- Funds reported $48.3M of First Trust Energy Income and Growth Fund stock for Q4 2020, up 6% quarter-over-quarter.
- 5 funds opened new First Trust Energy Income and Growth Fund positions in Q4 2020 and 9 closed out, a net change of -4 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q4 2020 was Cetera Advisors, an estimated $706K added.
- The largest First Trust Energy Income and Growth Fund seller in Q4 2020 was Cornerstone Advisors, an estimated $2.32M sold.
Based on aggregated 13F filings for Q4 2020.