FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
FIF was delisted on the 3rd of May, 2024.
53 hedge funds and large institutions have $81.6M invested in FIRST TRUST ENERGY INFRASTRUCTURE FUND in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 7 closing their positions.
2% more capital invested
Capital invested by funds: $79.9M → $81.6M (+$1.65M)
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
4% less funds holding
Funds holding: 55 → 53 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$6.49M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$226K |
| 3 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$226K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$207K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$176K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.34M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.09M |
| 3 |
AC
Almitas Capital
Santa Monica,
California
|
-$433K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$374K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$373K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
51
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $3K | +$2.93K | +200 | New |
|
|
HI
52
Harbour Investments
Madison,
Wisconsin
| $2.87K | – | – | – |
|
53
Commonwealth Equity Services
Waltham,
Massachusetts
| $519 | -$26.1K | -1,785 | -5% |
|
|
AC
54
Almitas Capital
Santa Monica,
California
| – | -$433K | -30,019 | Closed |
|
|
OFG
55
OTA Financial Group
Purchase,
New York
| – | -$334K | -23,180 | Closed |
|
|
CA
56
Cornerstone Advisors
Asheville,
North Carolina
| – | -$160K | -11,082 | Closed |
|
57
Rockefeller Capital Management
New York
| – | -$110K | -7,696 | Closed |
|
|
IA
58
IFP Advisors
Tampa,
Florida
| – | -$18K | -1,114 | Closed |
|
|
LFG
59
Larson Financial Group
St Louis,
Missouri
| – | -$6.72K | -466 | Closed |
|
60
JP Morgan Chase
New York
| – | -$2K | -144 | Closed |
|
FIF Hedge Fund Activity: Q1 2023 in Review
53 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF) for Q1 2023, worth a combined $81.6M — up 2.1% from $79.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FIF and 6 opened new positions — a net loss of 1 holder — while 21 trimmed existing stakes and 19 added.
The largest buyer was Saba Capital Management, adding an estimated $6.49M. The largest seller was Morgan Stanley, cutting an estimated $1.34M.
- 53 institutional investors held FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF) as of Q1 2023, down from 55 in Q4 2022.
- Funds reported $81.6M of FIRST TRUST ENERGY INFRASTRUCTURE FUND stock for Q1 2023, up 2.1% quarter-over-quarter.
- 6 funds opened new FIRST TRUST ENERGY INFRASTRUCTURE FUND positions in Q1 2023 and 7 closed out, a net change of -1 holder.
- The largest FIRST TRUST ENERGY INFRASTRUCTURE FUND buyer in Q1 2023 was Saba Capital Management, an estimated $6.49M added.
- The largest FIRST TRUST ENERGY INFRASTRUCTURE FUND seller in Q1 2023 was Morgan Stanley, an estimated $1.34M sold.
Based on aggregated 13F filings for Q1 2023.