FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
32 hedge funds and large institutions have $60.9M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 7 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
21% more capital invested
Capital invested by funds: $50.2M → $60.9M (+$10.7M)
3% less funds holding
Funds holding: 33 → 32 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.22M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.1M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$923K |
| 4 |
Invesco
Atlanta,
Georgia
|
+$839K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$643K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$934K |
| 3 |
LPL Financial
San Diego,
California
|
-$846K |
| 4 |
Morgan Stanley
New York
|
-$806K |
| 5 |
TT
Tiedemann Trust
Wilmington,
Delaware
|
-$224K |
FPL Hedge Fund Activity: Q2 2016 in Review
32 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q2 2016, worth a combined $60.9M — up 21% from $50.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FPL and 6 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 14 added.
The largest buyer was Advisors Asset Management, adding an estimated $1.22M. The largest seller was Sit Investment Associates, cutting an estimated $1.7M.
- 32 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q2 2016, down from 33 in Q1 2016.
- Funds reported $60.9M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q2 2016, up 21% quarter-over-quarter.
- 6 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q2 2016 and 7 closed out, a net change of -1 holder.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q2 2016 was Advisors Asset Management, an estimated $1.22M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q2 2016 was Sit Investment Associates, an estimated $1.7M sold.
Based on aggregated 13F filings for Q2 2016.