First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
62 hedge funds and large institutions have $33.2M invested in First Trust Energy Income and Growth Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 26 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.17% less ownership
Funds ownership: 19.11% → 18.94% (-0.17%)
7% less funds holding
Funds holding: 67 → 62 (-5)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
42% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 26
62% less capital invested
Capital invested by funds: $86.3M → $33.2M (-$53.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$1.75M |
| 2 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$1.69M |
| 3 |
Morgan Stanley
New York
|
+$1.04M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$971K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$743K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.8M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$2.11M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.27M |
| 4 |
TLP
Trinity Legacy Partners
Houston,
Texas
|
-$881K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$762K |
FEN Hedge Fund Activity: Q1 2020 in Review
62 of the 4,548 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q1 2020, worth a combined $33.2M — down 62% from $86.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FEN and 7 opened new positions — a net loss of 3 holders — while 26 trimmed existing stakes and 15 added.
The largest buyer was Coastal Bridge Advisors, adding an estimated $1.75M. The largest seller was Wells Fargo, cutting an estimated $2.8M.
- 62 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q1 2020, down from 67 in Q4 2019.
- Funds reported $33.2M of First Trust Energy Income and Growth Fund stock for Q1 2020, down 62% quarter-over-quarter.
- 7 funds opened new First Trust Energy Income and Growth Fund positions in Q1 2020 and 10 closed out, a net change of -3 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q1 2020 was Coastal Bridge Advisors, an estimated $1.75M added.
- The largest First Trust Energy Income and Growth Fund seller in Q1 2020 was Wells Fargo, an estimated $2.8M sold.
Based on aggregated 13F filings for Q1 2020.