First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
63 hedge funds and large institutions have $183M invested in First Trust Energy Income and Growth Fund in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
13% more funds holding
Funds holding: 56 → 63 (+7)
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $186M → $183M (-$3M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.52M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.16M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$720K |
| 4 |
JWM
Jacobus Wealth Management
Milwaukee,
Wisconsin
|
+$619K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$611K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.92M |
| 2 |
Morgan Stanley
New York
|
-$2.52M |
| 3 |
OC
Oppenheimer & Co
New York
|
-$2.18M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$693K |
| 5 |
TT
Tiedemann Trust
Wilmington,
Delaware
|
-$580K |
FEN Hedge Fund Activity: Q4 2014 in Review
63 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q4 2014, worth a combined $183M — down 1.6% from $186M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FEN positions and 2 closed out — a net gain of 8 holders — while 21 added to existing stakes and 19 trimmed.
The largest buyer was Cohen & Steers, adding an estimated $1.52M. The largest seller was LPL Financial, cutting an estimated $2.92M.
- 63 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q4 2014, up from 56 in Q3 2014.
- Funds reported $183M of First Trust Energy Income and Growth Fund stock for Q4 2014, down 1.6% quarter-over-quarter.
- 10 funds opened new First Trust Energy Income and Growth Fund positions in Q4 2014 and 2 closed out, a net change of +8 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q4 2014 was Cohen & Steers, an estimated $1.52M added.
- The largest First Trust Energy Income and Growth Fund seller in Q4 2014 was LPL Financial, an estimated $2.92M sold.
Based on aggregated 13F filings for Q4 2014.