First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
64 hedge funds and large institutions have $138M invested in First Trust Energy Income and Growth Fund in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 24 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
7% more funds holding
Funds holding: 60 → 64 (+4)
6% more capital invested
Capital invested by funds: $130M → $138M (+$8.34M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.33% less ownership
Funds ownership: 27.19% → 26.86% (-0.33%)
13% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$3.13M |
| 2 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$2.14M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.48M |
| 4 |
EWM
Edge Wealth Management
New York
|
+$1.21M |
| 5 |
Cohen & Steers
New York
|
+$798K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$2.12M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.43M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.37M |
| 4 |
PV
Private Vista
Chicago,
Illinois
|
-$1.35M |
| 5 |
AIM
Allen Investment Management
New York
|
-$1.28M |
FEN Hedge Fund Activity: Q4 2017 in Review
64 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q4 2017, worth a combined $138M — up 6.4% from $130M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FEN positions and 10 closed out — a net gain of 5 holders — while 21 added to existing stakes and 24 trimmed.
The largest buyer was Curi RMB Capital, opening a new position worth an estimated $3.13M. The largest seller was Sit Investment Associates, cutting an estimated $2.12M.
- 64 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q4 2017, up from 60 in Q3 2017.
- Funds reported $138M of First Trust Energy Income and Growth Fund stock for Q4 2017, up 6.4% quarter-over-quarter.
- 15 funds opened new First Trust Energy Income and Growth Fund positions in Q4 2017 and 10 closed out, a net change of +5 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q4 2017 was Curi RMB Capital, an estimated $3.13M added.
- The largest First Trust Energy Income and Growth Fund seller in Q4 2017 was Sit Investment Associates, an estimated $2.12M sold.
Based on aggregated 13F filings for Q4 2017.