First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
64 hedge funds and large institutions have $55.3M invested in First Trust Energy Income and Growth Fund in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
21% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 19
14% more capital invested
Capital invested by funds: $48.6M → $55.3M (+$6.75M)
2% more funds holding
Funds holding: 63 → 64 (+1)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$4.87M |
| 2 |
LJAC
L.J. Altfest & Co
New York
|
+$1.25M |
| 3 |
LPL Financial
San Diego,
California
|
+$996K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$620K |
| 5 |
BWA
BDO Wealth Advisors
Jacksonville,
Florida
|
+$378K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.4M |
| 2 |
QC
Quantedge Capital
Singapore
|
-$2.11M |
| 3 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$1.29M |
| 4 |
Cohen & Steers
New York
|
-$1.07M |
| 5 |
OFG
OTA Financial Group
Purchase,
New York
|
-$872K |
FEN Hedge Fund Activity: Q1 2021 in Review
64 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q1 2021, worth a combined $55.3M — up 14% from $48.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FEN positions and 9 closed out — a net gain of 2 holders — while 23 added to existing stakes and 19 trimmed.
The largest buyer was Northwestern Mutual Wealth Management, adding an estimated $4.87M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $5.4M sold.
- 64 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q1 2021, up from 63 in Q4 2020.
- Funds reported $55.3M of First Trust Energy Income and Growth Fund stock for Q1 2021, up 14% quarter-over-quarter.
- 11 funds opened new First Trust Energy Income and Growth Fund positions in Q1 2021 and 9 closed out, a net change of +2 holders.
- The largest First Trust Energy Income and Growth Fund buyer in Q1 2021 was Northwestern Mutual Wealth Management, an estimated $4.87M added.
- The largest First Trust Energy Income and Growth Fund seller in Q1 2021 was Rivernorth Capital Management, an estimated $5.4M sold.
Based on aggregated 13F filings for Q1 2021.