FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
40 hedge funds and large institutions have $71.4M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 8 reducing their positions, and 6 closing their positions.
163% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 8
14% more capital invested
Capital invested by funds: $62.8M → $71.4M (+$8.62M)
5% less funds holding
Funds holding: 42 → 40 (-2)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.43M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.45M |
| 3 |
Morgan Stanley
New York
|
+$1.26M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$627K |
| 5 |
SMC
Smith, Moore & Co
Clayton,
Missouri
|
+$624K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$1.33M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$694K |
| 3 |
MCM
Marathon Capital Management
Hunt Valley,
Maryland
|
-$212K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$187K |
| 5 |
Citigroup
New York
|
-$142K |
FPL Hedge Fund Activity: Q1 2017 in Review
40 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q1 2017, worth a combined $71.4M — up 14% from $62.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FPL and 5 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 21 added.
The largest buyer was Advisors Asset Management, adding an estimated $2.43M. The largest seller was Sit Investment Associates, cutting an estimated $1.33M.
- 40 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q1 2017, down from 42 in Q4 2016.
- Funds reported $71.4M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q1 2017, up 14% quarter-over-quarter.
- 5 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q1 2017 and 6 closed out, a net change of -1 holder.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q1 2017 was Advisors Asset Management, an estimated $2.43M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q1 2017 was Sit Investment Associates, an estimated $1.33M sold.
Based on aggregated 13F filings for Q1 2017.