FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
41 hedge funds and large institutions have $74.4M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2017 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 20 increasing their positions, 9 reducing their positions, and 5 closing their positions.
122% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 9
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
3% more funds holding
Funds holding: 40 → 41 (+1)
4% more capital invested
Capital invested by funds: $71.4M → $74.4M (+$2.95M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.39M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.47M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.44M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$732K |
| 5 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$617K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$958K |
| 2 |
LPL Financial
San Diego,
California
|
-$833K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$706K |
| 4 |
Cohen & Steers
New York
|
-$348K |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$215K |
FPL Hedge Fund Activity: Q2 2017 in Review
41 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q2 2017, worth a combined $74.4M — up 4.1% from $71.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FPL positions and 5 closed out — a net gain of 1 holder — while 20 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.39M. The largest seller was HighTower Advisors, exiting entirely with an estimated $958K sold.
- 41 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q2 2017, up from 40 in Q1 2017.
- Funds reported $74.4M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q2 2017, up 4.1% quarter-over-quarter.
- 6 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q2 2017 and 5 closed out, a net change of +1 holder.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q2 2017 was Morgan Stanley, an estimated $2.39M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q2 2017 was HighTower Advisors, an estimated $958K sold.
Based on aggregated 13F filings for Q2 2017.