First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
56 hedge funds and large institutions have $175M invested in First Trust Energy Income and Growth Fund in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
31% more capital invested
Capital invested by funds: $133M → $175M (+$41.6M)
10% more funds holding
Funds holding: 51 → 56 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.97M |
| 2 |
Morgan Stanley
New York
|
+$3.47M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.13M |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.41M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TT
Tiedemann Trust
Wilmington,
Delaware
|
-$2.78M |
| 2 |
OC
Oppenheimer & Co
New York
|
-$2.14M |
| 3 |
NES
New England Securities
New York
|
-$1.15M |
| 4 |
Citigroup
New York
|
-$382K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$375K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSC
51
Ground Swell Capital
Folly Beach,
South Carolina
| $17K | +$16.5K | +481 | New |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $16K | – | – | – |
|
53
M&T Bank
Buffalo,
New York
| $14K | +$13.7K | +400 | New |
|
|
AC
54
Alexandria Capital
Arlington,
Virginia
| $9K | – | – | – |
|
|
CA
55
CapWealth Advisors
Franklin,
Tennessee
| $7K | – | – | – |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| $3K | +$2.37K | +69 | +1,380% |
|
|
OC
57
Oppenheimer & Co
New York
| – | -$2.14M | -65,477 | Closed |
|
|
RJFSA
58
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$346K | -10,578 | Closed |
|
59
Envestnet Asset Management
Chicago,
Illinois
| – | -$10K | -300 | Closed |
|
FEN Hedge Fund Activity: Q2 2014 in Review
56 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q2 2014, worth a combined $175M — up 31% from $133M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FEN positions and 3 closed out — a net gain of 5 holders — while 23 added to existing stakes and 16 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.97M. The largest seller was Tiedemann Trust, cutting an estimated $2.78M.
- 56 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q2 2014, up from 51 in Q1 2014.
- Funds reported $175M of First Trust Energy Income and Growth Fund stock for Q2 2014, up 31% quarter-over-quarter.
- 8 funds opened new First Trust Energy Income and Growth Fund positions in Q2 2014 and 3 closed out, a net change of +5 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q2 2014 was LPL Financial, an estimated $3.97M added.
- The largest First Trust Energy Income and Growth Fund seller in Q2 2014 was Tiedemann Trust, an estimated $2.78M sold.
Based on aggregated 13F filings for Q2 2014.