First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
78 hedge funds and large institutions have $98.2M invested in First Trust Energy Income and Growth Fund in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 28 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
54% more capital invested
Capital invested by funds: $63.9M → $98.2M (+$34.2M)
8% more funds holding
Funds holding: 72 → 78 (+6)
36% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MOS
MGO One Seven
Beachwood,
Ohio
|
+$10.3M |
| 2 |
Morgan Stanley
New York
|
+$7.47M |
| 3 |
Goldman Sachs
New York
|
+$2.91M |
| 4 |
HHGC
Hunting Hill Global Capital
New York
|
+$2.66M |
| 5 |
AC
Almitas Capital
Santa Monica,
California
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1M |
| 2 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$963K |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$639K |
| 4 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
-$339K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$249K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
76
Global Retirement Partners
San Rafael,
California
| $586 | – | – | – |
|
|
RWPA
77
Richard W. Paul & Associates
Novi,
Michigan
| $29 | – | – | – |
|
78
Wells Fargo
San Francisco,
California
| $8 | -$175K | -12,401 | -100% |
|
|
LCM
79
Landscape Capital Management
Englewood,
New Jersey
| – | -$174K | -13,256 | Closed |
|
|
SA
80
SFI Advisors
Montclair,
New Jersey
| – | -$155K | -11,805 | Closed |
|
|
AAS
81
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$159K | -11,765 | Closed |
|
|
QC
82
Quantedge Capital
Singapore
| – | -$139K | -10,543 | Closed |
|
|
CAN
83
Cetera Advisor Networks
El Segundo,
California
| – | -$136K | -10,327 | Closed |
|
|
PA
84
Parallel Advisors
San Francisco,
California
| – | -$7.9K | -601 | Closed |
|
|
EC
85
Elequin Capital
New York
| – | -$2.71K | -206 | Closed |
|
|
CTB
86
Country Trust Bank
Bloomington,
Illinois
| – | -$105 | -8 | Closed |
|
FEN Hedge Fund Activity: Q4 2023 in Review
78 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q4 2023, worth a combined $98.2M — up 54% from $63.9M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FEN positions and 8 closed out — a net gain of 6 holders — while 18 added to existing stakes and 28 trimmed.
The largest buyer was MGO One Seven, adding an estimated $10.3M. The largest seller was Royal Bank of Canada, cutting an estimated $1M.
- 78 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q4 2023, up from 72 in Q3 2023.
- Funds reported $98.2M of First Trust Energy Income and Growth Fund stock for Q4 2023, up 54% quarter-over-quarter.
- 14 funds opened new First Trust Energy Income and Growth Fund positions in Q4 2023 and 8 closed out, a net change of +6 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q4 2023 was MGO One Seven, an estimated $10.3M added.
- The largest First Trust Energy Income and Growth Fund seller in Q4 2023 was Royal Bank of Canada, an estimated $1M sold.
Based on aggregated 13F filings for Q4 2023.