First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
52 hedge funds and large institutions have $146M invested in First Trust Energy Income and Growth Fund in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
7% more capital invested
Capital invested by funds: $137M → $146M (+$9.03M)
6% more funds holding
Funds holding: 49 → 52 (+3)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.52M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.08M |
| 3 |
TT
Tiedemann Trust
Wilmington,
Delaware
|
+$993K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$863K |
| 5 |
SG Americas Securities
New York
|
+$809K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$730K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$324K |
| 3 |
MCM
Murphy Capital Management
Bedminster,
New Jersey
|
-$299K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$282K |
| 5 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$271K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
51
Advisory Services Network
Atlanta,
Georgia
| $6K | +$5.83K | +181 | New |
|
|
TRCT
52
Tower Research Capital (TRC)
New York
| $2K | -$1.61K | -50 | -50% |
|
|
RCM
53
Rivernorth Capital Management
West Palm Beach,
Florida
| – | -$730K | -22,827 | Closed |
|
54
Ameriprise
Minneapolis,
Minnesota
| – | -$61K | -1,910 | Closed |
|
|
DADC
55
D.A. Davidson & Co
Great Falls,
Montana
| – | -$16K | -500 | Closed |
|
56
Nomura Holdings
Tokyo,
Japan
| – | -$6K | -200 | Closed |
|
FEN Hedge Fund Activity: Q4 2013 in Review
52 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q4 2013, worth a combined $146M — up 6.6% from $137M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FEN positions and 4 closed out — a net gain of 4 holders — while 23 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.52M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $730K sold.
- 52 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q4 2013, up from 49 in Q3 2013.
- Funds reported $146M of First Trust Energy Income and Growth Fund stock for Q4 2013, up 6.6% quarter-over-quarter.
- 8 funds opened new First Trust Energy Income and Growth Fund positions in Q4 2013 and 4 closed out, a net change of +4 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q4 2013 was Morgan Stanley, an estimated $1.52M added.
- The largest First Trust Energy Income and Growth Fund seller in Q4 2013 was Rivernorth Capital Management, an estimated $730K sold.
Based on aggregated 13F filings for Q4 2013.