First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
60 hedge funds and large institutions have $97.7M invested in First Trust Energy Income and Growth Fund in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $100M → $97.7M (-$2.46M)
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
2% less funds holding
Funds holding: 61 → 60 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMG
Patton Albertson Miller Group
Chattanooga,
Tennessee
|
+$1.47M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$385K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$201K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$189K |
| 5 |
MBT
Monroe Bank & Trust
Monroe,
Michigan
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.38M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$726K |
| 3 |
RVPG
Relative Value Partners Group
|
-$540K |
| 4 |
Cohen & Steers
New York
|
-$462K |
| 5 |
PV
Private Vista
Chicago,
Illinois
|
-$421K |
FEN Hedge Fund Activity: Q2 2019 in Review
60 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q2 2019, worth a combined $97.7M — down 2.5% from $100M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FEN positions and 4 closed out — a net gain of 1 holder — while 21 added to existing stakes and 23 trimmed.
The largest buyer was Patton Albertson Miller Group, opening a new position worth an estimated $1.47M. The largest seller was Sit Investment Associates, cutting an estimated $1.38M.
- 60 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q2 2019, down from 61 in Q1 2019.
- Funds reported $97.7M of First Trust Energy Income and Growth Fund stock for Q2 2019, down 2.5% quarter-over-quarter.
- 5 funds opened new First Trust Energy Income and Growth Fund positions in Q2 2019 and 4 closed out, a net change of +1 holder.
- The largest First Trust Energy Income and Growth Fund buyer in Q2 2019 was Patton Albertson Miller Group, an estimated $1.47M added.
- The largest First Trust Energy Income and Growth Fund seller in Q2 2019 was Sit Investment Associates, an estimated $1.38M sold.
Based on aggregated 13F filings for Q2 2019.