FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
FIF was delisted on the 3rd of May, 2024.
64 hedge funds and large institutions have $109M invested in FIRST TRUST ENERGY INFRASTRUCTURE FUND in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 23 reducing their positions, and 7 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 23
8% more capital invested
Capital invested by funds: $100M → $109M (+$8.24M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
2% less funds holding
Funds holding: 65 → 64 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Almitas Capital
Santa Monica,
California
|
+$5.9M |
| 2 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$4.75M |
| 3 |
Goldman Sachs
New York
|
+$3.4M |
| 4 |
YCM
Yakira Capital Management
Westport,
Connecticut
|
+$2.14M |
| 5 |
QL
Quarry LP
New York
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Saba Capital Management
New York
|
-$17.9M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
-$1.11M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$832K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$787K |
| 5 |
WANY
Wealthspire Advisors (New York)
New York
|
-$616K |
FIF Hedge Fund Activity: Q1 2024 in Review
64 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF) for Q1 2024, worth a combined $109M — up 8.2% from $100M a quarter earlier.
Fund positioning in FIF was balanced in Q1 2024: 7 funds opened new positions, 7 closed out, 26 added to existing stakes and 23 trimmed.
The largest buyer was Almitas Capital, adding an estimated $5.9M. The largest seller was Saba Capital Management, exiting entirely with an estimated $17.9M sold.
- 64 institutional investors held FIRST TRUST ENERGY INFRASTRUCTURE FUND (FIF) as of Q1 2024, down from 65 in Q4 2023.
- Funds reported $109M of FIRST TRUST ENERGY INFRASTRUCTURE FUND stock for Q1 2024, up 8.2% quarter-over-quarter.
- 7 funds opened new FIRST TRUST ENERGY INFRASTRUCTURE FUND positions in Q1 2024 and 7 closed out, a net change of 0 holders.
- The largest FIRST TRUST ENERGY INFRASTRUCTURE FUND buyer in Q1 2024 was Almitas Capital, an estimated $5.9M added.
- The largest FIRST TRUST ENERGY INFRASTRUCTURE FUND seller in Q1 2024 was Saba Capital Management, an estimated $17.9M sold.
Based on aggregated 13F filings for Q1 2024.