FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
52 hedge funds and large institutions have $31.2M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2020 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 21 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
20% more capital invested
Capital invested by funds: $26M → $31.2M (+$5.21M)
6% more funds holding
Funds holding: 49 → 52 (+3)
43% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.73M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$619K |
| 3 |
SKK
Shepherd Kaplan Krochuk
Boston,
Massachusetts
|
+$276K |
| 4 |
OFG
OTA Financial Group
Purchase,
New York
|
+$216K |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$175K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.32M |
| 2 |
6M
6 Meridian
Wichita,
Kansas
|
-$565K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$460K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$365K |
| 5 |
Morgan Stanley
New York
|
-$328K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
51
Concourse Financial Group Securities
Birmingham,
Alabama
| $1K | – | – | – |
|
52
Walleye Capital
New York
| $286 | -$194K | -47,003 | -41% |
|
|
6M
53
6 Meridian
Wichita,
Kansas
| – | -$565K | -157,082 | Closed |
|
|
DA
54
Doliver Advisors
Houston,
Texas
| – | -$202K | -56,136 | Closed |
|
55
Millennium Management
New York
| – | -$161 | -44,600 | Closed |
|
|
AWM
56
Adams Wealth Management
Logan,
Utah
| – | -$117K | -32,542 | Closed |
|
|
CA
57
Cetera Advisors
Denver,
Colorado
| – | -$47K | -12,973 | Closed |
|
|
FFA
58
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$9K | -2,300 | Closed |
|
|
CPW
59
Catalyst Private Wealth
San Mateo,
California
| – | -$2K | -588 | Closed |
|
|
NFG
60
Next Financial Group
Houston,
Texas
| – | -$1K | -400 | Closed |
|
FPL Hedge Fund Activity: Q4 2020 in Review
52 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q4 2020, worth a combined $31.2M — up 20% from $26M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FPL positions and 8 closed out — a net gain of 3 holders — while 12 added to existing stakes and 21 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.73M. The largest seller was Osaic Holdings, cutting an estimated $1.32M.
- 52 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q4 2020, up from 49 in Q3 2020.
- Funds reported $31.2M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q4 2020, up 20% quarter-over-quarter.
- 11 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q4 2020 and 8 closed out, a net change of +3 holders.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q4 2020 was Rivernorth Capital Management, an estimated $1.73M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q4 2020 was Osaic Holdings, an estimated $1.32M sold.
Based on aggregated 13F filings for Q4 2020.