First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
49 hedge funds and large institutions have $137M invested in First Trust Energy Income and Growth Fund in 2013 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 9 reducing their positions, and 2 closing their positions.
189% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 9
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
4% more funds holding
Funds holding: 47 → 49 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less capital invested
Capital invested by funds: $144M → $137M (-$7.17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.83M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.82M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.47M |
| 4 |
LPL Financial
San Diego,
California
|
+$523K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$382K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$4.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.38M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$832K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$735K |
| 5 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$428K |
FEN Hedge Fund Activity: Q3 2013 in Review
49 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q3 2013, worth a combined $137M — down 5% from $144M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FEN positions and 2 closed out — a net gain of 2 holders — while 26 added to existing stakes and 9 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $2.83M. The largest seller was Rivernorth Capital Management, cutting an estimated $4.2M.
- 49 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q3 2013, up from 47 in Q2 2013.
- Funds reported $137M of First Trust Energy Income and Growth Fund stock for Q3 2013, down 5% quarter-over-quarter.
- 4 funds opened new First Trust Energy Income and Growth Fund positions in Q3 2013 and 2 closed out, a net change of +2 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q3 2013 was Advisors Asset Management, an estimated $2.83M added.
- The largest First Trust Energy Income and Growth Fund seller in Q3 2013 was Rivernorth Capital Management, an estimated $4.2M sold.
Based on aggregated 13F filings for Q3 2013.