First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
62 hedge funds and large institutions have $92.1M invested in First Trust Energy Income and Growth Fund in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
3% more funds holding
Funds holding: 60 → 62 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.68% less ownership
Funds ownership: 22.03% → 20.35% (-1.7%)
6% less capital invested
Capital invested by funds: $98.2M → $92.1M (-$6.04M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMC
First Merchants Corp
Muncie,
Indiana
|
+$1.58M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$525K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$454K |
| 4 |
TLP
Trinity Legacy Partners
Houston,
Texas
|
+$399K |
| 5 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$3.49M |
| 2 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$2.8M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.63M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$692K |
| 5 |
EWM
Edge Wealth Management
New York
|
-$617K |
FEN Hedge Fund Activity: Q3 2019 in Review
62 of the 4,575 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q3 2019, worth a combined $92.1M — down 6.2% from $98.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FEN positions and 6 closed out — a net gain of 3 holders — while 22 added to existing stakes and 19 trimmed.
The largest buyer was First Merchants Corp, opening a new position worth an estimated $1.58M. The largest seller was Cohen & Steers, cutting an estimated $3.49M.
- 62 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q3 2019, up from 60 in Q2 2019.
- Funds reported $92.1M of First Trust Energy Income and Growth Fund stock for Q3 2019, down 6.2% quarter-over-quarter.
- 9 funds opened new First Trust Energy Income and Growth Fund positions in Q3 2019 and 6 closed out, a net change of +3 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q3 2019 was First Merchants Corp, an estimated $1.58M added.
- The largest First Trust Energy Income and Growth Fund seller in Q3 2019 was Cohen & Steers, an estimated $3.49M sold.
Based on aggregated 13F filings for Q3 2019.