First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
82 hedge funds and large institutions have $119M invested in First Trust Energy Income and Growth Fund in 2024 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 33 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
21% more capital invested
Capital invested by funds: $98.2M → $119M (+$20.8M)
5% more funds holding
Funds holding: 78 → 82 (+4)
36% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$4.26M |
| 2 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$4.12M |
| 3 |
Goldman Sachs
New York
|
+$3.58M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$3.16M |
| 5 |
SF
Summit Financial
Parsippany,
New Jersey
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.11M |
| 2 |
MOS
MGO One Seven
Beachwood,
Ohio
|
-$1.74M |
| 3 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$947K |
| 4 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$945K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$662K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RAM
76
Riggs Asset Management
Dallas,
Pennsylvania
| $3.4K | – | – | – |
|
77
Wells Fargo
San Francisco,
California
| $3.27K | +$2.97K | +199 | +19,900% |
|
|
AF
78
Allworth Financial
Folsom,
California
| $2.87K | +$30 | +2 | +1% |
|
|
TRCT
79
Tower Research Capital (TRC)
New York
| $1.63K | – | – | – |
|
|
CWM
80
Compass Wealth Management
Guilford,
Connecticut
| $822 | – | – | – |
|
|
GRP
81
Global Retirement Partners
San Rafael,
California
| $654 | – | – | – |
|
|
RWPA
82
Richard W. Paul & Associates
Novi,
Michigan
| $33 | – | – | – |
|
|
KACA
83
Kayne Anderson Capital Advisors
Los Angeles,
California
| – | -$947K | -65,400 | Closed |
|
|
CCP
84
Clough Capital Partners
Boston,
Massachusetts
| – | -$945K | -65,248 | Closed |
|
|
ACM
85
Andina Capital Management
Lehi,
Utah
| – | -$256K | -17,668 | Closed |
|
|
UB
86
UMB Bank
Kansas City,
Missouri
| – | -$196K | -13,521 | Closed |
|
|
BBPWM
87
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| – | -$43.7K | -2,930 | Closed |
|
|
EWA
88
EverSource Wealth Advisors
Birmingham,
Alabama
| – | -$1.45K | -100 | Closed |
|
FEN Hedge Fund Activity: Q1 2024 in Review
82 of the 6,946 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q1 2024, worth a combined $119M — up 21% from $98.2M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FEN positions and 6 closed out — a net gain of 5 holders — while 21 added to existing stakes and 33 trimmed.
The largest buyer was Almitas Capital, adding an estimated $4.26M. The largest seller was Morgan Stanley, cutting an estimated $7.11M.
- 82 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q1 2024, up from 78 in Q4 2023.
- Funds reported $119M of First Trust Energy Income and Growth Fund stock for Q1 2024, up 21% quarter-over-quarter.
- 11 funds opened new First Trust Energy Income and Growth Fund positions in Q1 2024 and 6 closed out, a net change of +5 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q1 2024 was Almitas Capital, an estimated $4.26M added.
- The largest First Trust Energy Income and Growth Fund seller in Q1 2024 was Morgan Stanley, an estimated $7.11M sold.
Based on aggregated 13F filings for Q1 2024.