First Trust Energy Income and Growth Fund
FEN
FEN was delisted on the 3rd of May, 2024.
62 hedge funds and large institutions have $56.1M invested in First Trust Energy Income and Growth Fund in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 5 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
1% more capital invested
Capital invested by funds: $55.3M → $56.1M (+$765K)
3% less funds holding
Funds holding: 64 → 62 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$738K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$507K |
| 3 |
LPL Financial
San Diego,
California
|
+$446K |
| 4 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$363K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$355K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$2.58M |
| 2 |
Cohen & Steers
New York
|
-$1.14M |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$901K |
| 4 |
Morgan Stanley
New York
|
-$816K |
| 5 |
QC
Quantedge Capital
Singapore
|
-$584K |
FEN Hedge Fund Activity: Q2 2021 in Review
62 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy Income and Growth Fund (FEN) for Q2 2021, worth a combined $56.1M — up 1.4% from $55.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FEN and 4 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 22 added.
The largest buyer was Advisors Asset Management, adding an estimated $738K. The largest seller was Coastal Bridge Advisors, cutting an estimated $2.58M.
- 62 institutional investors held First Trust Energy Income and Growth Fund (FEN) as of Q2 2021, down from 64 in Q1 2021.
- Funds reported $56.1M of First Trust Energy Income and Growth Fund stock for Q2 2021, up 1.4% quarter-over-quarter.
- 4 funds opened new First Trust Energy Income and Growth Fund positions in Q2 2021 and 5 closed out, a net change of -1 holder.
- The largest First Trust Energy Income and Growth Fund buyer in Q2 2021 was Advisors Asset Management, an estimated $738K added.
- The largest First Trust Energy Income and Growth Fund seller in Q2 2021 was Coastal Bridge Advisors, an estimated $2.58M sold.
Based on aggregated 13F filings for Q2 2021.