FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
28 hedge funds and large institutions have $43.5M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 9 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
9% less capital invested
Capital invested by funds: $47.8M → $43.5M (-$4.27M)
13% less funds holding
Funds holding: 32 → 28 (-4)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.39M |
| 2 |
Morgan Stanley
New York
|
+$2.94M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.25M |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.2M |
| 5 |
TT
Tiedemann Trust
Wilmington,
Delaware
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$4.07M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.84M |
| 3 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$952K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$387K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$292K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $16K | +$18.2K | +1,250 | New |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $10K | -$69.1K | -4,740 | -86% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $1K | +$889 | +61 | New |
|
|
29
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$4.07M | -259,757 | Closed |
|
|
CRC
30
Curi RMB Capital
Chicago,
Illinois
| – | -$1.84M | -117,162 | Closed |
|
|
WAM
31
Wolverine Asset Management
Chicago,
Illinois
| – | -$387K | -24,667 | Closed |
|
|
CCP
32
Clough Capital Partners
Boston,
Massachusetts
| – | -$220K | -14,000 | Closed |
|
|
LCM
33
Landscape Capital Management
Englewood,
New Jersey
| – | -$182K | -11,597 | Closed |
|
|
OC
34
Oppenheimer & Co
New York
| – | -$174K | -11,122 | Closed |
|
|
ICAS
35
Investors Capital Advisory Services
Lynnfield,
Massachusetts
| – | -$157K | -10,000 | Closed |
|
|
WT
36
Whittier Trust
South Pasadena,
California
| – | -$31K | -2,000 | Closed |
|
|
GAM
37
Gemmer Asset Management
Walnut Creek,
California
| – | -$28K | -286 | Closed |
|
FPL Hedge Fund Activity: Q3 2015 in Review
28 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q3 2015, worth a combined $43.5M — down 8.9% from $47.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FPL and 5 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 14 added.
The largest buyer was Bank of America, adding an estimated $3.39M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $4.07M sold.
- 28 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q3 2015, down from 32 in Q2 2015.
- Funds reported $43.5M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q3 2015, down 8.9% quarter-over-quarter.
- 5 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q3 2015 and 9 closed out, a net change of -4 holders.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q3 2015 was Bank of America, an estimated $3.39M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q3 2015 was 1832 Asset Management, an estimated $4.07M sold.
Based on aggregated 13F filings for Q3 2015.