First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
67 hedge funds and large institutions have $86.3M invested in First Trust Energy Income and Growth Fund in 2019 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
8% more funds holding
Funds holding: 62 → 67 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 22
1.24% less ownership
Funds ownership: 20.35% → 19.11% (-1.2%)
6% less capital invested
Capital invested by funds: $92.1M → $86.3M (-$5.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$725K |
| 2 |
Morgan Stanley
New York
|
+$707K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$484K |
| 4 |
TLP
Trinity Legacy Partners
Houston,
Texas
|
+$453K |
| 5 |
RAM
Riggs Asset Management
Dallas,
Pennsylvania
|
+$280K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
-$3.21M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.81M |
| 3 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$983K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$965K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$677K |
FEN Hedge Fund Activity: Q4 2019 in Review
67 of the 5,093 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q4 2019, worth a combined $86.3M — down 6.3% from $92.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FEN positions and 6 closed out — a net gain of 5 holders — while 21 added to existing stakes and 22 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $725K. The largest seller was Cohen & Steers, cutting an estimated $3.21M.
- 67 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q4 2019, up from 62 in Q3 2019.
- Funds reported $86.3M of First Trust Energy Income and Growth Fund stock for Q4 2019, down 6.3% quarter-over-quarter.
- 11 funds opened new First Trust Energy Income and Growth Fund positions in Q4 2019 and 6 closed out, a net change of +5 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q4 2019 was Truist Financial, an estimated $725K added.
- The largest First Trust Energy Income and Growth Fund seller in Q4 2019 was Cohen & Steers, an estimated $3.21M sold.
Based on aggregated 13F filings for Q4 2019.