FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
FIF was delisted on the 3rd of May, 2024.
56 hedge funds and large institutions have $84.6M invested in FIRST TRUST ENERGY INFRASTRUCTURE FUND in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
6% more funds holding
Funds holding: 53 → 56 (+3)
4% more capital invested
Capital invested by funds: $81.6M → $84.6M (+$2.99M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
+$2.32M |
| 2 |
WANY
Wealthspire Advisors (New York)
New York
|
+$670K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$275K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$168K |
| 5 |
BW
Bison Wealth
Atlanta,
Georgia
|
+$164K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.62M |
| 2 |
Morgan Stanley
New York
|
-$836K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$287K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$233K |
| 5 |
AIA
Armor Investment Advisors
Raleigh,
North Carolina
|
-$209K |
FIF Hedge Fund Activity: Q2 2023 in Review
56 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF) for Q2 2023, worth a combined $84.6M — up 3.7% from $81.6M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FIF positions and 2 closed out — a net gain of 3 holders — while 20 added to existing stakes and 18 trimmed.
The largest buyer was Saba Capital Management, adding an estimated $2.32M. The largest seller was Advisors Asset Management, cutting an estimated $1.62M.
- 56 institutional investors held FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF) as of Q2 2023, up from 53 in Q1 2023.
- Funds reported $84.6M of FIRST TRUST ENERGY INFRASTRUCTURE FUND stock for Q2 2023, up 3.7% quarter-over-quarter.
- 5 funds opened new FIRST TRUST ENERGY INFRASTRUCTURE FUND positions in Q2 2023 and 2 closed out, a net change of +3 holders.
- The largest FIRST TRUST ENERGY INFRASTRUCTURE FUND buyer in Q2 2023 was Saba Capital Management, an estimated $2.32M added.
- The largest FIRST TRUST ENERGY INFRASTRUCTURE FUND seller in Q2 2023 was Advisors Asset Management, an estimated $1.62M sold.
Based on aggregated 13F filings for Q2 2023.