First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
61 hedge funds and large institutions have $149M invested in First Trust Energy Income and Growth Fund in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 25 increasing their positions, 21 reducing their positions, and 3 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
19% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 21
7% more capital invested
Capital invested by funds: $140M → $149M (+$9.31M)
2% more funds holding
Funds holding: 60 → 61 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Tiedemann Advisors
New York
|
+$7.66M |
| 2 |
CCB
Cutter & Co Brokerage
Ballwin,
Missouri
|
+$2.13M |
| 3 |
Morgan Stanley
New York
|
+$930K |
| 4 |
Cohen & Steers
New York
|
+$517K |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$495K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.5M |
| 2 |
DA
Doliver Advisors
Houston,
Texas
|
-$890K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$473K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$428K |
| 5 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$365K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
51
Advisor Group
Phoenix,
Arizona
| $90K | +$11.4K | +443 | +15% |
|
|
LCM
52
Liberty Capital Management
Birmingham,
Michigan
| $88K | +$86.9K | +3,392 | New |
|
|
MFS
53
MSI Financial Services
Springfield,
Massachusetts
| $68K | -$12K | -469 | -16% |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $58K | – | – | – |
|
55
Loomis, Sayles & Company
Boston,
Massachusetts
| $47K | – | – | – |
|
|
FIB
56
First Interstate Bank
Billings,
Montana
| $40K | – | – | – |
|
|
RBC
57
Roble Belko & Company
Sewickley,
Pennsylvania
| $40K | – | – | – |
|
|
IA
58
IFP Advisors
Tampa,
Florida
| $32K | -$31.7K | -1,235 | -51% |
|
59
Fifth Third Bancorp
Cincinnati,
Ohio
| $10K | +$9.66K | +377 | New |
|
|
AC
60
Alexandria Capital
Arlington,
Virginia
| $8K | +$154 | +6 | +2% |
|
|
ASN
61
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
DA
62
Doliver Advisors
Houston,
Texas
| – | -$890K | -34,917 | Closed |
|
63
US Bancorp
Minneapolis,
Minnesota
| – | -$37K | -1,451 | Closed |
|
|
CHC
64
City Holding Co
Charleston,
West Virginia
| – | -$5K | -204 | Closed |
|
FEN Hedge Fund Activity: Q3 2016 in Review
61 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q3 2016, worth a combined $149M — up 6.6% from $140M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FEN positions and 3 closed out — a net gain of 3 holders — while 25 added to existing stakes and 21 trimmed.
The largest buyer was Tiedemann Advisors, adding an estimated $7.66M. The largest seller was Guggenheim Capital, cutting an estimated $1.5M.
- 61 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q3 2016, up from 60 in Q2 2016.
- Funds reported $149M of First Trust Energy Income and Growth Fund stock for Q3 2016, up 6.6% quarter-over-quarter.
- 6 funds opened new First Trust Energy Income and Growth Fund positions in Q3 2016 and 3 closed out, a net change of +3 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q3 2016 was Tiedemann Advisors, an estimated $7.66M added.
- The largest First Trust Energy Income and Growth Fund seller in Q3 2016 was Guggenheim Capital, an estimated $1.5M sold.
Based on aggregated 13F filings for Q3 2016.