First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
56 hedge funds and large institutions have $52.4M invested in First Trust Energy Income and Growth Fund in 2021 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 19 increasing their positions, 20 reducing their positions, and 7 closing their positions.
5% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 20
7% less capital invested
Capital invested by funds: $56.2M → $52.4M (-$3.78M)
8% less funds holding
Funds holding: 61 → 56 (-5)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$664K |
| 2 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$502K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$481K |
| 4 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$424K |
| 5 |
LJAC
L.J. Altfest & Co
New York
|
+$377K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.66M |
| 2 |
Cohen & Steers
New York
|
-$668K |
| 3 |
NFSG
Newbridge Financial Services Group
Boca Raton,
Florida
|
-$260K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$213K |
| 5 |
TB
Terril Brothers
St. Louis,
Missouri
|
-$206K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RAM
51
Riggs Asset Management
Dallas,
Pennsylvania
| $5K | – | – | – |
|
|
KFS
52
Kelly Financial Services
Braintree,
Massachusetts
| $4.07K | -$56.5K | -4,050 | -93% |
|
|
AF
53
Advisornet Financial
Minnetonka,
Minnesota
| $4K | – | – | – |
|
|
SWA
54
SOA Wealth Advisors
New York
| $3K | – | – | – |
|
|
CWA
55
Clearview Wealth Advisors
Salem,
Oregon
| $3K | +$14 | +1 | +0.5% |
|
|
AF
56
Allworth Financial
Folsom,
California
| $2K | +$42 | +3 | +2% |
|
|
NFSG
57
Newbridge Financial Services Group
Boca Raton,
Florida
| – | -$260K | -17,917 | Closed |
|
|
TB
58
Terril Brothers
St. Louis,
Missouri
| – | -$206K | -14,200 | Closed |
|
|
SCM
59
Schnieders Capital Management
Pasadena,
California
| – | -$147K | -10,166 | Closed |
|
|
SIA
60
Sit Investment Associates
Minneapolis,
Minnesota
| – | -$96K | -6,625 | Closed |
|
61
Citigroup
New York
| – | -$80K | -5,510 | Closed |
|
|
OIA
62
Optimum Investment Advisors
Chicago,
Illinois
| – | -$10K | -700 | Closed |
|
|
SC
63
Solstein Capital
Menlo Park,
California
| – | -$5K | -326 | Closed |
|
FEN Hedge Fund Activity: Q3 2021 in Review
56 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q3 2021, worth a combined $52.4M — down 6.7% from $56.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FEN and 3 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 19 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $664K. The largest seller was LPL Financial, cutting an estimated $1.66M.
- 56 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q3 2021, down from 61 in Q2 2021.
- Funds reported $52.4M of First Trust Energy Income and Growth Fund stock for Q3 2021, down 6.7% quarter-over-quarter.
- 3 funds opened new First Trust Energy Income and Growth Fund positions in Q3 2021 and 7 closed out, a net change of -4 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q3 2021 was Raymond James Financial Services Advisors, an estimated $664K added.
- The largest First Trust Energy Income and Growth Fund seller in Q3 2021 was LPL Financial, an estimated $1.66M sold.
Based on aggregated 13F filings for Q3 2021.