FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
46 hedge funds and large institutions have $32.4M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 17 reducing their positions, and 11 closing their positions.
4% more capital invested
Capital invested by funds: $31.2M → $32.4M (+$1.13M)
12% less funds holding
Funds holding: 52 → 46 (-6)
18% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 17
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.13M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$243K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$241K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$152K |
| 5 |
MFG
Merit Financial Group
Alpharetta,
Georgia
|
+$85.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.83M |
| 2 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$1.46M |
| 3 |
QC
Quantedge Capital
Singapore
|
-$849K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$654K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$620K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCM
51
Landscape Capital Management
Englewood,
New Jersey
| – | -$162K | -37,936 | Closed |
|
|
VF
52
Virtu Financial
New York
| – | -$156K | -36,454 | Closed |
|
53
Walleye Trading
New York
| – | -$124K | -29,004 | Closed |
|
54
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$62K | -14,555 | Closed |
|
|
SIC
55
Samalin Investment Counsel
Chappaqua,
New York
| – | -$46K | -10,700 | Closed |
|
|
SXL
56
Summit X LLC
Chesterfield,
Missouri
| – | -$14K | -10,167 | Closed |
|
|
AWA
57
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$7K | -1,694 | Closed |
|
FPL Hedge Fund Activity: Q1 2021 in Review
46 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q1 2021, worth a combined $32.4M — up 3.6% from $31.2M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FPL and 5 opened new positions — a net loss of 6 holders — while 17 trimmed existing stakes and 14 added.
The largest buyer was Morgan Stanley, adding an estimated $1.13M. The largest seller was Rivernorth Capital Management, cutting an estimated $1.83M.
- 46 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q1 2021, down from 52 in Q4 2020.
- Funds reported $32.4M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q1 2021, up 3.6% quarter-over-quarter.
- 5 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q1 2021 and 11 closed out, a net change of -6 holders.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q1 2021 was Morgan Stanley, an estimated $1.13M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q1 2021 was Rivernorth Capital Management, an estimated $1.83M sold.
Based on aggregated 13F filings for Q1 2021.