FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
46 hedge funds and large institutions have $46.6M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2019 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 11 reducing their positions, and 11 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 11
5% less capital invested
Capital invested by funds: $49M → $46.6M (-$2.35M)
12% less funds holding
Funds holding: 52 → 46 (-6)
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$2.65M |
| 2 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$1.95M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$373K |
| 4 |
Cohen & Steers
New York
|
+$201K |
| 5 |
CA
Cambridge Advisors
Omaha,
Nebraska
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$4.19M |
| 2 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$1.4M |
| 3 |
Morgan Stanley
New York
|
-$681K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$606K |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$533K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MWM
51
Merriman Wealth Management
Seattle,
Washington
| – | -$386K | -41,651 | Closed |
|
|
6M
52
6 Meridian
Wichita,
Kansas
| – | -$359K | -38,807 | Closed |
|
53
Geode Capital Management
Boston,
Massachusetts
| – | -$159K | -17,219 | Closed |
|
|
MA
54
Mutual Advisors
Omaha,
Nebraska
| – | -$154K | -16,662 | Closed |
|
|
PAS
55
Partnervest Advisory Services
Santa Barbara,
California
| – | -$148K | -16,000 | Closed |
|
|
WAM
56
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$104K | -11,247 | Closed |
|
57
Stifel Financial
St. Louis,
Missouri
| – | -$103K | -11,157 | Closed |
|
FPL Hedge Fund Activity: Q2 2019 in Review
46 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q2 2019, worth a combined $46.6M — down 4.8% from $49M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FPL and 7 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 18 added.
The largest buyer was Sit Investment Associates, adding an estimated $2.65M. The largest seller was Wolverine Asset Management, exiting entirely with an estimated $4.19M sold.
- 46 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q2 2019, down from 52 in Q1 2019.
- Funds reported $46.6M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q2 2019, down 4.8% quarter-over-quarter.
- 7 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q2 2019 and 11 closed out, a net change of -4 holders.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q2 2019 was Sit Investment Associates, an estimated $2.65M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q2 2019 was Wolverine Asset Management, an estimated $4.19M sold.
Based on aggregated 13F filings for Q2 2019.