First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
51 hedge funds and large institutions have $133M invested in First Trust Energy Income and Growth Fund in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 15 reducing their positions, and 8 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 15
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less funds holding
Funds holding: 52 → 51 (-1)
9% less capital invested
Capital invested by funds: $146M → $133M (-$12.6M)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.28M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.15M |
| 3 |
ICAS
Investors Capital Advisory Services
Lynnfield,
Massachusetts
|
+$1.12M |
| 4 |
RTS
Round Table Services
Westfield,
New Jersey
|
+$890K |
| 5 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
+$772K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.54M |
| 2 |
PWP
Private Wealth Partners
Mill Valley,
California
|
-$2.36M |
| 3 |
TT
Tiedemann Trust
Wilmington,
Delaware
|
-$1.51M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.08M |
| 5 |
SG Americas Securities
New York
|
-$810K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PWP
51
Private Wealth Partners
Mill Valley,
California
| – | -$2.36M | -73,103 | Closed |
|
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.08M | -33,554 | Closed |
|
|
53
SG Americas Securities
New York
| – | -$810K | -25,093 | Closed |
|
|
GF
54
Gerstein Fisher
New York
| – | -$592K | -18,360 | Closed |
|
|
WAM
55
Weiss Asset Management
Boston,
Massachusetts
| – | -$305K | -9,452 | Closed |
|
|
WA
56
WealthTrust-Arizona
Scottsdale,
Arizona
| – | -$32K | -1,000 | Closed |
|
57
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$16K | -500 | Closed |
|
|
ASN
58
Advisory Services Network
Atlanta,
Georgia
| – | -$6K | -181 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | -$1.44K | -45 | -90% |
|
FEN Hedge Fund Activity: Q1 2014 in Review
51 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q1 2014, worth a combined $133M — down 8.7% from $146M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FEN and 7 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $2.28M. The largest seller was Wells Fargo, cutting an estimated $2.54M.
- 51 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q1 2014, down from 52 in Q4 2013.
- Funds reported $133M of First Trust Energy Income and Growth Fund stock for Q1 2014, down 8.7% quarter-over-quarter.
- 7 funds opened new First Trust Energy Income and Growth Fund positions in Q1 2014 and 8 closed out, a net change of -1 holder.
- The largest First Trust Energy Income and Growth Fund buyer in Q1 2014 was Morgan Stanley, an estimated $2.28M added.
- The largest First Trust Energy Income and Growth Fund seller in Q1 2014 was Wells Fargo, an estimated $2.54M sold.
Based on aggregated 13F filings for Q1 2014.