We are live on ! Find out more
FPL

FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL

Delisted

FPL was delisted on the 3rd of May, 2024.

Back to rankings

50 hedge funds and large institutions have $36.5M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 15 increasing their positions, 15 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 15

6% less funds holding

Funds holding: 53 → 50 (-3)

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

86% less capital invested

Capital invested by funds: $257M → $36.5M (-$221M)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
50
Holders Change
-3
Holders Change %
-5.66%
% of All Funds
0.8%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
7
Increased
15
Reduced
15
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCM
Saba Capital Management
New York
+$1.05M
2
LPL Financial
LPL Financial
California
+$670K
3
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
+$579K
4
SIA
Schechter Investment Advisors
Michigan
+$300K
5
AAM
Advisors Asset Management
Colorado
+$281K

Top Sellers

Rank Fund Capital Flow
1
Cohen & Steers
Cohen & Steers
New York
-$235K
2
ACM
Arlington Capital Management
Illinois
-$189K
3
WAM
Wolverine Asset Management
Illinois
-$185K
4
AC
Almitas Capital
California
-$175K
5
Walleye Capital
Walleye Capital
New York
-$173K
Name Holding Trade Value Shares
Change 		Change in
Stake
PVI
26
Pine Valley Investments
New Jersey
$133K +$138K +22,501 New
SIA
27
Sit Investment Associates
Minnesota
$129K – – –
Susquehanna International Group
28
Susquehanna International Group
Pennsylvania
$105K +$108K +17,633 New
OC
29
Oppenheimer & Co
New York
$103K +$31.2K +5,090 +42%
MFG
30
Merit Financial Group
Georgia
$98.2K – – –
WS
31
Wedbush Securities
California
$92K +$7.36K +1,200 +8%
NAS
32
NWF Advisory Services
California
$83.1K +$84.6K +13,800 New
GSC
33
Grey Street Capital
Illinois
$82.1K +$84.2K +13,729 New
PA
34
Pinnacle Associates
New York
$80.6K -$32.6K -5,315 -28%
PWMAG
35
Pinnacle Wealth Management Advisory Group
New Jersey
$80.6K -$32.6K -5,315 -28%
AWS
36
Atria Wealth Solutions
New York
$69.2K +$251 +41 +0.4%
NA
37
Nottingham Advisors
New York
$65.8K – – –
RJFSA
38
Raymond James Financial Services Advisors
Florida
$61.5K -$343 -56 -0.5%
TNB
39
Thomasville National Bank
Georgia
$59.8K – – –
CWC
40
Carolinas Wealth Consulting
North Carolina
$49.6K – – –
JMF
41
Johnson Midwest Financial
Iowa
$43.1K – – –
SPIA
42
Steward Partners Investment Advisory
New York
$13.9K – – –
BFEC
43
Benjamin F. Edwards & Company
Missouri
$13K – – –
CMA
44
Cedar Mountain Advisors
Oregon
$10.1K – – –
CPFP
45
Clear Perspectives Financial Planning
Ohio
$8.97K – – –
AF
46
Allworth Financial
California
$8.87K +$166 +27 +2%
BAM
47
Belpointe Asset Management
Nevada
$5.98K – – –
Northwestern Mutual Wealth Management
48
Northwestern Mutual Wealth Management
Wisconsin
$2.69K – – –
AssetMark Inc
49
AssetMark Inc
California
$2.09K +$2.15K +350 New
Commonwealth Equity Services
50
Commonwealth Equity Services
Massachusetts
$143 -$48K -7,823 -25%
1
2
3

FPL Hedge Fund Activity: Q1 2023 in Review

50 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q1 2023, worth a combined $36.5M — down 86% from $257M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FPL and 7 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 15 added.

The largest buyer was Saba Capital Management, adding an estimated $1.05M. The largest seller was Cohen & Steers, cutting an estimated $235K.

  • 50 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q1 2023, down from 53 in Q4 2022.
  • Funds reported $36.5M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q1 2023, down 86% quarter-over-quarter.
  • 7 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q1 2023 and 9 closed out, a net change of -2 holders.
  • The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q1 2023 was Saba Capital Management, an estimated $1.05M added.
  • The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q1 2023 was Cohen & Steers, an estimated $235K sold.

Based on aggregated 13F filings for Q1 2023.