First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
70 hedge funds and large institutions have $77.6M invested in First Trust Energy Income and Growth Fund in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 29 increasing their positions, 15 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
93% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 15
30% more capital invested
Capital invested by funds: $59.5M → $77.6M (+$18.1M)
9% more funds holding
Funds holding: 64 → 70 (+6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.22M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.15M |
| 3 |
BCM
Brasada Capital Management
Houston,
Texas
|
+$1.42M |
| 4 |
RCA
Reitz Capital Advisors
Freeland,
Michigan
|
+$988K |
| 5 |
Morgan Stanley
New York
|
+$654K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$1.88M |
| 2 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$1.29M |
| 3 |
LJAC
L.J. Altfest & Co
New York
|
-$746K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$709K |
| 5 |
SEA
Stegent Equity Advisors
Houston,
Texas
|
-$373K |
FEN Hedge Fund Activity: Q1 2022 in Review
70 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q1 2022, worth a combined $77.6M — up 30% from $59.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FEN positions and 3 closed out — a net gain of 8 holders — while 29 added to existing stakes and 15 trimmed.
The largest buyer was Ameriprise, adding an estimated $2.22M. The largest seller was Coastal Bridge Advisors, cutting an estimated $1.88M.
- 70 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q1 2022, up from 64 in Q4 2021.
- Funds reported $77.6M of First Trust Energy Income and Growth Fund stock for Q1 2022, up 30% quarter-over-quarter.
- 11 funds opened new First Trust Energy Income and Growth Fund positions in Q1 2022 and 3 closed out, a net change of +8 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q1 2022 was Ameriprise, an estimated $2.22M added.
- The largest First Trust Energy Income and Growth Fund seller in Q1 2022 was Coastal Bridge Advisors, an estimated $1.88M sold.
Based on aggregated 13F filings for Q1 2022.