First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
67 hedge funds and large institutions have $45.6M invested in First Trust Energy Income and Growth Fund in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 21 increasing their positions, 25 reducing their positions, and 10 closing their positions.
1.9% more ownership
Funds ownership: 23.22% → 25.12% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less funds holding
Funds holding: 69 → 67 (-2)
9% less capital invested
Capital invested by funds: $50.3M → $45.6M (-$4.72M)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
16% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.41M |
| 2 |
6M
6 Meridian
Wichita,
Kansas
|
+$928K |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$854K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$605K |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
+$446K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.24M |
| 2 |
Rockefeller Capital Management
New York
|
-$540K |
| 3 |
Morgan Stanley
New York
|
-$449K |
| 4 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
-$285K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$242K |
FEN Hedge Fund Activity: Q3 2020 in Review
67 of the 4,971 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q3 2020, worth a combined $45.6M — down 9.4% from $50.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FEN and 9 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 21 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.41M. The largest seller was Osaic Holdings, cutting an estimated $1.24M.
- 67 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q3 2020, down from 69 in Q2 2020.
- Funds reported $45.6M of First Trust Energy Income and Growth Fund stock for Q3 2020, down 9.4% quarter-over-quarter.
- 9 funds opened new First Trust Energy Income and Growth Fund positions in Q3 2020 and 10 closed out, a net change of -1 holder.
- The largest First Trust Energy Income and Growth Fund buyer in Q3 2020 was Rivernorth Capital Management, an estimated $2.41M added.
- The largest First Trust Energy Income and Growth Fund seller in Q3 2020 was Osaic Holdings, an estimated $1.24M sold.
Based on aggregated 13F filings for Q3 2020.