FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
39 hedge funds and large institutions have $64.3M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 9 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
3% less funds holding
Funds holding: 40 → 39 (-1)
10% less capital invested
Capital invested by funds: $71.7M → $64.3M (-$7.4M)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.78M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.35M |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
+$668K |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$580K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$400K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.22M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.73M |
| 3 |
Morgan Stanley
New York
|
-$1.2M |
| 4 |
IH
IFC Holdings
Tampa,
Florida
|
-$980K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
-$841K |
FPL Hedge Fund Activity: Q4 2017 in Review
39 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q4 2017, worth a combined $64.3M — down 10% from $71.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FPL and 8 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 13 added.
The largest buyer was Cohen & Steers, adding an estimated $1.78M. The largest seller was Wells Fargo, cutting an estimated $2.22M.
- 39 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q4 2017, down from 40 in Q3 2017.
- Funds reported $64.3M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q4 2017, down 10% quarter-over-quarter.
- 8 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q4 2017 and 9 closed out, a net change of -1 holder.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q4 2017 was Cohen & Steers, an estimated $1.78M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q4 2017 was Wells Fargo, an estimated $2.22M sold.
Based on aggregated 13F filings for Q4 2017.