FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
50 hedge funds and large institutions have $56.1M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
16% more funds holding
Funds holding: 43 → 50 (+7)
15% more capital invested
Capital invested by funds: $49M → $56.1M (+$7.12M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
+$1.25M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$1.18M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.18M |
| 4 |
Morgan Stanley
New York
|
+$678K |
| 5 |
KACA
Kayne Anderson Capital Advisors
Los Angeles,
California
|
+$610K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
-$1.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$398K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$208K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$95.8K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
-$72.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HHAM
51
HITE Hedge Asset Management
Braintree,
Massachusetts
| – | -$1.9M | -204,100 | Closed |
|
52
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$26K | -2,800 | Closed |
|
|
BWM
53
BerganKDV Wealth Management
Bloomington,
Minnesota
| – | -$10K | -1,094 | Closed |
|
|
GI
54
Gradient Investments
Arden Hills,
Minnesota
| – | -$4K | -394 | Closed |
|
|
BFEC
55
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$1K | -150 | Closed |
|
FPL Hedge Fund Activity: Q4 2019 in Review
50 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q4 2019, worth a combined $56.1M — up 15% from $49M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FPL positions and 5 closed out — a net gain of 8 holders — while 18 added to existing stakes and 14 trimmed.
The largest buyer was Advisor Group, adding an estimated $1.25M. The largest seller was HITE Hedge Asset Management, exiting entirely with an estimated $1.9M sold.
- 50 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q4 2019, up from 43 in Q3 2019.
- Funds reported $56.1M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q4 2019, up 15% quarter-over-quarter.
- 13 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q4 2019 and 5 closed out, a net change of +8 holders.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q4 2019 was Advisor Group, an estimated $1.25M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q4 2019 was HITE Hedge Asset Management, an estimated $1.9M sold.
Based on aggregated 13F filings for Q4 2019.