First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
56 hedge funds and large institutions have $186M invested in First Trust Energy Income and Growth Fund in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 4 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
6% more capital invested
Capital invested by funds: $175M → $186M (+$11.3M)
0% more funds holding
Funds holding: 56 → 56 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$3.41M |
| 2 |
OC
Oppenheimer & Co
New York
|
+$2.17M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.49M |
| 4 |
Cohen & Steers
New York
|
+$1.29M |
| 5 |
BFM
Boston Financial Management
Boston,
Massachusetts
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.91M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.23M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$443K |
| 4 |
NES
New England Securities
New York
|
-$378K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$284K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
51
American International Group
New York
| $47.6K | +$47.4K | +1,295 | New |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $36K | – | – | – |
|
53
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $26K | +$10.4K | +285 | +66% |
|
|
AC
54
Alexandria Capital
Arlington,
Virginia
| $9K | – | – | – |
|
55
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| $7K | +$6.99K | +191 | New |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| $6K | +$3.66K | +100 | +135% |
|
|
WAM
57
Wolverine Asset Management
Chicago,
Illinois
| – | -$54K | -1,500 | Closed |
|
|
GSC
58
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$17K | -481 | Closed |
|
59
M&T Bank
Buffalo,
New York
| – | -$14K | -400 | Closed |
|
|
CA
60
CapWealth Advisors
Franklin,
Tennessee
| – | -$7K | -200 | Closed |
|
FEN Hedge Fund Activity: Q3 2014 in Review
56 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q3 2014, worth a combined $186M — up 6.5% from $175M a quarter earlier.
Fund positioning in FEN was balanced in Q3 2014: 4 funds opened new positions, 4 closed out, 24 added to existing stakes and 17 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $3.41M. The largest seller was Morgan Stanley, cutting an estimated $1.91M.
- 56 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $186M of First Trust Energy Income and Growth Fund stock for Q3 2014, up 6.5% quarter-over-quarter.
- 4 funds opened new First Trust Energy Income and Growth Fund positions in Q3 2014 and 4 closed out, a net change of 0 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q3 2014 was Guggenheim Capital, an estimated $3.41M added.
- The largest First Trust Energy Income and Growth Fund seller in Q3 2014 was Morgan Stanley, an estimated $1.91M sold.
Based on aggregated 13F filings for Q3 2014.