FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
40 hedge funds and large institutions have $71.7M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 10 reducing their positions, and 7 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 10
5% more capital inflows, than outflows
Capital inflows: $7.12M | Capital outflows: $6.8M
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0.6% less ownership
Funds ownership: 23.57% → 22.97% (-0.6%)
2% less funds holding
Funds holding: 41 → 40 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Global Financial Private Capital
Sarasota,
Florida
|
+$1.73M |
| 2 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.51M |
| 3 |
Advisors Asset Management
Monument,
Colorado
|
+$753K |
| 4 |
Capital Investment Advisors
Atlanta,
Georgia
|
+$559K |
| 5 |
Doliver Advisors
Houston,
Texas
|
+$524K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.11M |
| 3 |
Cohen & Steers
New York
|
-$394K |
| 4 |
Cardan Capital Partners
Denver,
Colorado
|
-$323K |
| 5 |
NWAM LLC
Mercer Island,
Washington
|
-$322K |
FPL Hedge Fund Activity: Q3 2017 in Review
40 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q3 2017, worth a combined $71.7M — down 3.6% from $74.4M a quarter earlier.
Fund positioning in FPL was balanced in Q3 2017: 7 funds opened new positions, 7 closed out, 17 added to existing stakes and 10 trimmed.
The largest buyer was Global Financial Private Capital, opening a new position worth an estimated $1.73M. The largest seller was Wells Fargo, cutting an estimated $3.3M.
- 40 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q3 2017, down from 41 in Q2 2017.
- Funds reported $71.7M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q3 2017, down 3.6% quarter-over-quarter.
- 7 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q3 2017 and 7 closed out, a net change of 0 holders.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q3 2017 was Global Financial Private Capital, an estimated $1.73M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q3 2017 was Wells Fargo, an estimated $3.3M sold.
Based on aggregated 13F filings for Q3 2017.