First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
61 hedge funds and large institutions have $56.2M invested in First Trust Energy Income and Growth Fund in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 20 reducing their positions, and 6 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 20
2% more capital invested
Capital invested by funds: $55.3M → $56.2M (+$908K)
5% less funds holding
Funds holding: 64 → 61 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$738K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$507K |
| 3 |
LPL Financial
San Diego,
California
|
+$446K |
| 4 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$363K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$2.58M |
| 2 |
Cohen & Steers
New York
|
-$1.14M |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$901K |
| 4 |
Morgan Stanley
New York
|
-$816K |
| 5 |
QC
Quantedge Capital
Singapore
|
-$691K |
FEN Hedge Fund Activity: Q2 2021 in Review
61 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q2 2021, worth a combined $56.2M — up 1.6% from $55.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FEN and 4 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 23 added.
The largest buyer was Advisors Asset Management, adding an estimated $738K. The largest seller was Coastal Bridge Advisors, cutting an estimated $2.58M.
- 61 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q2 2021, down from 64 in Q1 2021.
- Funds reported $56.2M of First Trust Energy Income and Growth Fund stock for Q2 2021, up 1.6% quarter-over-quarter.
- 4 funds opened new First Trust Energy Income and Growth Fund positions in Q2 2021 and 6 closed out, a net change of -2 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q2 2021 was Advisors Asset Management, an estimated $738K added.
- The largest First Trust Energy Income and Growth Fund seller in Q2 2021 was Coastal Bridge Advisors, an estimated $2.58M sold.
Based on aggregated 13F filings for Q2 2021.