FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
33 hedge funds and large institutions have $50.2M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 6 closing their positions.
31% more capital inflows, than outflows
Capital inflows: $8.28M | Capital outflows: $6.32M
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% more funds holding
Funds holding: 32 → 33 (+1)
0.53% less ownership
Funds ownership: 18.18% → 17.66% (-0.53%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.92M |
| 2 |
Cohen & Steers
New York
|
+$1.1M |
| 3 |
LPL Financial
San Diego,
California
|
+$765K |
| 4 |
Advisors Asset Management
Monument,
Colorado
|
+$654K |
| 5 |
Guggenheim Capital
Chicago,
Illinois
|
+$389K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.29M |
| 2 |
Morgan Stanley
New York
|
-$1.06M |
| 3 |
Punch & Associates Investment Management
Edina,
Minnesota
|
-$821K |
| 4 |
Tiedemann Trust
Wilmington,
Delaware
|
-$589K |
| 5 |
SG Americas Securities
New York
|
-$382K |
FPL Hedge Fund Activity: Q1 2016 in Review
33 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q1 2016, worth a combined $50.2M — up 17% from $43.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FPL positions and 6 closed out — a net gain of 1 holder — while 14 added to existing stakes and 11 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.92M. The largest seller was Bank of America, cutting an estimated $2.29M.
- 33 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q1 2016, up from 32 in Q4 2015.
- Funds reported $50.2M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q1 2016, up 17% quarter-over-quarter.
- 7 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q1 2016 and 6 closed out, a net change of +1 holder.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q1 2016 was Wells Fargo, an estimated $3.92M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q1 2016 was Bank of America, an estimated $2.29M sold.
Based on aggregated 13F filings for Q1 2016.