First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
62 hedge funds and large institutions have $93.4M invested in First Trust Energy Income and Growth Fund in 2018 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 29 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 70 → 62 (-8)
19% less capital invested
Capital invested by funds: $115M → $93.4M (-$21.9M)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
48% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$3.28M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$2.08M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$1.66M |
| 4 |
RVPG
Relative Value Partners Group
|
+$1.65M |
| 5 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TA
Tiedemann Advisors
New York
|
-$2.73M |
| 2 |
RAM
Riggs Asset Management
Dallas,
Pennsylvania
|
-$2.53M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$2M |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.34M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.24M |
FEN Hedge Fund Activity: Q4 2018 in Review
62 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q4 2018, worth a combined $93.4M — down 19% from $115M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FEN and 10 opened new positions — a net loss of 7 holders — while 29 trimmed existing stakes and 15 added.
The largest buyer was Evergreen Capital Management, opening a new position worth an estimated $3.28M. The largest seller was Tiedemann Advisors, cutting an estimated $2.73M.
- 62 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q4 2018, down from 70 in Q3 2018.
- Funds reported $93.4M of First Trust Energy Income and Growth Fund stock for Q4 2018, down 19% quarter-over-quarter.
- 10 funds opened new First Trust Energy Income and Growth Fund positions in Q4 2018 and 17 closed out, a net change of -7 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q4 2018 was Evergreen Capital Management, an estimated $3.28M added.
- The largest First Trust Energy Income and Growth Fund seller in Q4 2018 was Tiedemann Advisors, an estimated $2.73M sold.
Based on aggregated 13F filings for Q4 2018.