First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
61 hedge funds and large institutions have $144M invested in First Trust Energy Income and Growth Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 25 increasing their positions, 18 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
39% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 18
7% more funds holding
Funds holding: 57 → 61 (+4)
6% more capital invested
Capital invested by funds: $136M → $144M (+$8.27M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Tiedemann Advisors
New York
|
+$6.42M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.88M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.03M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$828K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$660K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TWMH
Tiedemann Wealth Management Holdings
New York
|
-$4.12M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.86M |
| 3 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$1.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.33M |
| 5 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$334K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
51
Advisory Services Network
Atlanta,
Georgia
| $109K | +$110K | +4,047 | New |
|
52
Creative Planning
Overland Park,
Kansas
| $100K | – | – | – |
|
|
AG
53
Advisor Group
Phoenix,
Arizona
| $95K | +$5.42K | +200 | +6% |
|
|
LCM
54
Liberty Capital Management
Birmingham,
Michigan
| $92K | – | – | – |
|
|
GWM
55
Geneos Wealth Management
Englewood,
Colorado
| $81K | – | – | – |
|
56
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $55K | – | – | – |
|
|
FIB
57
First Interstate Bank
Billings,
Montana
| $40K | – | – | – |
|
|
IA
58
IFP Advisors
Tampa,
Florida
| $13K | -$6.77K | -250 | -33% |
|
|
BTIS
59
BB&T Investment Services
Charlotte,
North Carolina
| $10K | – | – | – |
|
|
AC
60
Alexandria Capital
Arlington,
Virginia
| $8K | +$81 | +3 | +1% |
|
|
SPIA
61
Steward Partners Investment Advisory
New York
| $7K | +$7.23K | +267 | New |
|
|
OFG
62
OTA Financial Group
Purchase,
New York
| – | -$294K | -11,105 | Closed |
|
63
Loomis, Sayles & Company
Boston,
Massachusetts
| – | -$46K | -1,750 | Closed |
|
FEN Hedge Fund Activity: Q1 2017 in Review
61 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q1 2017, worth a combined $144M — up 6.1% from $136M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FEN positions and 2 closed out — a net gain of 5 holders — while 25 added to existing stakes and 18 trimmed.
The largest buyer was Tiedemann Advisors, opening a new position worth an estimated $6.42M. The largest seller was Tiedemann Wealth Management Holdings, cutting an estimated $4.12M.
- 61 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q1 2017, up from 57 in Q4 2016.
- Funds reported $144M of First Trust Energy Income and Growth Fund stock for Q1 2017, up 6.1% quarter-over-quarter.
- 7 funds opened new First Trust Energy Income and Growth Fund positions in Q1 2017 and 2 closed out, a net change of +5 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q1 2017 was Tiedemann Advisors, an estimated $6.42M added.
- The largest First Trust Energy Income and Growth Fund seller in Q1 2017 was Tiedemann Wealth Management Holdings, an estimated $4.12M sold.
Based on aggregated 13F filings for Q1 2017.