First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
72 hedge funds and large institutions have $63.9M invested in First Trust Energy Income and Growth Fund in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
25% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 20
3% more funds holding
Funds holding: 70 → 72 (+2)
1% less capital invested
Capital invested by funds: $64.6M → $63.9M (-$610K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.14M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$1.53M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.44M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$865K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$831K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
-$2.86M |
| 2 |
SCM
Saba Capital Management
New York
|
-$612K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$508K |
| 4 |
QC
Quantedge Capital
Singapore
|
-$388K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$327K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWA
76
Clearview Wealth Advisors
Salem,
Oregon
| – | -$1.29K | -92 | Closed |
|
77
JP Morgan Chase
New York
| – | -$321 | -23 | Closed |
|
FEN Hedge Fund Activity: Q3 2023 in Review
72 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q3 2023, worth a combined $63.9M — down 0.94% from $64.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FEN positions and 5 closed out — a net gain of 3 holders — while 25 added to existing stakes and 20 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $2.14M. The largest seller was Cetera Advisors, cutting an estimated $2.86M.
- 72 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q3 2023, up from 70 in Q2 2023.
- Funds reported $63.9M of First Trust Energy Income and Growth Fund stock for Q3 2023, down 0.94% quarter-over-quarter.
- 8 funds opened new First Trust Energy Income and Growth Fund positions in Q3 2023 and 5 closed out, a net change of +3 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q3 2023 was Advisors Asset Management, an estimated $2.14M added.
- The largest First Trust Energy Income and Growth Fund seller in Q3 2023 was Cetera Advisors, an estimated $2.86M sold.
Based on aggregated 13F filings for Q3 2023.