FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
32 hedge funds and large institutions have $60.9M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 7 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
21% more capital invested
Capital invested by funds: $50.2M → $60.9M (+$10.7M)
3% less funds holding
Funds holding: 33 → 32 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.22M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.1M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$923K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$839K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$643K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$934K |
| 3 |
LPL Financial
San Diego,
California
|
-$846K |
| 4 |
Morgan Stanley
New York
|
-$806K |
| 5 |
TT
Tiedemann Trust
Wilmington,
Delaware
|
-$224K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $87K | – | – | – |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $67K | +$215 | +17 | +0.4% |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| $31K | – | – | – |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $19K | -$30.3K | -2,400 | -64% |
|
|
DADC
30
D.A. Davidson & Co
Great Falls,
Montana
| $14K | +$12.6K | +1,000 | New |
|
|
AG
31
Advisor Group
Phoenix,
Arizona
| $4K | +$3.63K | +287 | New |
|
32
SEI Investments
Oaks,
Pennsylvania
| $2K | +$2.02K | +160 | New |
|
|
TT
33
Tiedemann Trust
Wilmington,
Delaware
| – | -$224K | -18,695 | Closed |
|
|
TA
34
Tiedemann Advisors
New York
| – | -$127K | -10,583 | Closed |
|
|
TJHA
35
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
| – | -$109K | -9,051 | Closed |
|
|
FHA
36
First Horizon Advisors
Memphis,
Tennessee
| – | -$34K | -2,850 | Closed |
|
|
AIG
37
American International Group
New York
| – | -$19K | -1,583 | Closed |
|
|
BIM
38
BlackRock Investment Management
Wilmington,
Delaware
| – | -$11K | -940 | Closed |
|
|
GWM
39
Geneos Wealth Management
Englewood,
Colorado
| – | -$7K | -600 | Closed |
|
FPL Hedge Fund Activity: Q2 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q2 2016, worth a combined $60.9M — up 21% from $50.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FPL and 6 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 14 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.22M. The largest seller was Sit Investment Associates, cutting an estimated $1.7M.
- 32 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q2 2016, down from 33 in Q1 2016.
- Funds reported $60.9M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q2 2016, up 21% quarter-over-quarter.
- 6 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q2 2016 and 7 closed out, a net change of -1 holder.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q2 2016 was Advisors Asset Management, an estimated $1.22M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q2 2016 was Sit Investment Associates, an estimated $1.7M sold.
Based on aggregated 13F filings for Q2 2016.