First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
57 hedge funds and large institutions have $127M invested in First Trust Energy Income and Growth Fund in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 18 increasing their positions, 21 reducing their positions, and 14 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 59 → 57 (-2)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
14% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 21
16% less capital invested
Capital invested by funds: $152M → $127M (-$25M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$9.18M |
| 2 |
TT
Tiedemann Trust
Wilmington,
Delaware
|
+$5.43M |
| 3 |
EM
EnTrustPermal Management
New York
|
+$1.39M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.22M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$3.83M |
| 2 |
Morgan Stanley
New York
|
-$3.41M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$3.23M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.13M |
FEN Hedge Fund Activity: Q3 2015 in Review
57 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q3 2015, worth a combined $127M — down 16% from $152M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FEN and 12 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 18 added.
The largest buyer was Sit Investment Associates, opening a new position worth an estimated $9.18M. The largest seller was LPL Financial, cutting an estimated $3.83M.
- 57 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q3 2015, down from 59 in Q2 2015.
- Funds reported $127M of First Trust Energy Income and Growth Fund stock for Q3 2015, down 16% quarter-over-quarter.
- 12 funds opened new First Trust Energy Income and Growth Fund positions in Q3 2015 and 14 closed out, a net change of -2 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q3 2015 was Sit Investment Associates, an estimated $9.18M added.
- The largest First Trust Energy Income and Growth Fund seller in Q3 2015 was LPL Financial, an estimated $3.83M sold.
Based on aggregated 13F filings for Q3 2015.