First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
69 hedge funds and large institutions have $50.3M invested in First Trust Energy Income and Growth Fund in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 27 increasing their positions, 16 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
69% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 16
52% more capital invested
Capital invested by funds: $33.2M → $50.3M (+$17.1M)
11% more funds holding
Funds holding: 62 → 69 (+7)
4.28% more ownership
Funds ownership: 18.94% → 23.22% (+4.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.65M |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$2.44M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$783K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$765K |
| 5 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$583K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMG
Patton Albertson Miller Group
Chattanooga,
Tennessee
|
-$682K |
| 2 |
RAM
Riggs Asset Management
Dallas,
Pennsylvania
|
-$646K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$390K |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$270K |
| 5 |
BF
BOK Financial
Tulsa,
Oklahoma
|
-$260K |
FEN Hedge Fund Activity: Q2 2020 in Review
69 of the 4,889 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q2 2020, worth a combined $50.3M — up 52% from $33.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FEN positions and 5 closed out — a net gain of 7 holders — while 27 added to existing stakes and 16 trimmed.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $2.65M. The largest seller was Patton Albertson Miller Group, cutting an estimated $682K.
- 69 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q2 2020, up from 62 in Q1 2020.
- Funds reported $50.3M of First Trust Energy Income and Growth Fund stock for Q2 2020, up 52% quarter-over-quarter.
- 12 funds opened new First Trust Energy Income and Growth Fund positions in Q2 2020 and 5 closed out, a net change of +7 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q2 2020 was Rivernorth Capital Management, an estimated $2.65M added.
- The largest First Trust Energy Income and Growth Fund seller in Q2 2020 was Patton Albertson Miller Group, an estimated $682K sold.
Based on aggregated 13F filings for Q2 2020.