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FEN

First Trust Energy Income and Growth Fund

Delisted

FEN was delisted on the 3rd of May, 2024.

70 hedge funds and large institutions have $64.6M invested in First Trust Energy Income and Growth Fund in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 20 increasing their positions, 28 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

9% more capital invested

Capital invested by funds: $59.2M → $64.6M (+$5.33M)

1% more funds holding

Funds holding: 6970 (+1)

29% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 28

Holders
70
Holders Change
+1
Holders Change %
+1.45%
% of All Funds
1.1%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
20
Reduced
28
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CAN
51
Cetera Advisor Networks
California
$143K +$956 +74 +0.7%
PNC Financial Services Group
52
PNC Financial Services Group
Pennsylvania
$85.7K
Wells Fargo
53
Wells Fargo
California
$64K
SPIA
54
Steward Partners Investment Advisory
New York
$59.5K
Carson Wealth (CWM LLC)
55
Carson Wealth (CWM LLC)
Nebraska
$34K -$6.28K -486 -17%
PB
56
Pinnacle Bancorp
Nebraska
$17.6K +$362 +28 +2%
PA
57
Parallel Advisors
California
$16.7K +$15.5K +1,202 New
NSIM
58
North Star Investment Management
Illinois
$13.9K
CTC
59
Central Trust Company
Missouri
$13.1K
FA
60
Fiduciary Alliance
South Carolina
$12.1K +$11.2K +866 New
KFS
61
Kelly Financial Services
Massachusetts
$4.18K
SWA
62
SOA Wealth Advisors
New York
$3.1K
RAM
63
Riggs Asset Management
Pennsylvania
$2.9K -$3.05K -236 -53%
IA
64
IFP Advisors
Florida
$2.58K -$1.76K -136 -42%
AF
65
Allworth Financial
California
$2.33K +$39 +3 +2%
TRCT
66
Tower Research Capital (TRC)
New York
$1.39K
EWA
67
EverSource Wealth Advisors
Alabama
$1.39K +$1.29K +100 New
CWA
68
Clearview Wealth Advisors
Oregon
$1.29K -$401 -31 -25%
JP Morgan Chase
69
JP Morgan Chase
New York
$321 +$297 +23 New
RWPA
70
Richard W. Paul & Associates
Michigan
$28
MML Investors Services
71
MML Investors Services
Massachusetts
-$3.09M -237,804 Closed
Susquehanna International Group
72
Susquehanna International Group
Pennsylvania
-$220K -16,947 Closed
EC
73
Elequin Capital
New York
-$132K -10,166 Closed
SBIA
74
Sheaff Brock Investment Advisors
Indiana
-$130K -10,000 Closed
EI
75
Ellevest Inc
New York
-$32.5K -2,500 Closed

FEN Hedge Fund Activity: Q2 2023 in Review

70 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q2 2023, worth a combined $64.6M — up 9% from $59.2M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FEN positions and 6 closed out — a net gain of 1 holder — while 20 added to existing stakes and 28 trimmed.

The largest buyer was Saba Capital Management, adding an estimated $4.07M. The largest seller was MML Investors Services, exiting entirely with an estimated $3.09M sold.

  • 70 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q2 2023, up from 69 in Q1 2023.
  • Funds reported $64.6M of First Trust Energy Income and Growth Fund stock for Q2 2023, up 9% quarter-over-quarter.
  • 7 funds opened new First Trust Energy Income and Growth Fund positions in Q2 2023 and 6 closed out, a net change of +1 holder.
  • The largest First Trust Energy Income and Growth Fund buyer in Q2 2023 was Saba Capital Management, an estimated $4.07M added.
  • The largest First Trust Energy Income and Growth Fund seller in Q2 2023 was MML Investors Services, an estimated $3.09M sold.

Based on aggregated 13F filings for Q2 2023.