FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
56 hedge funds and large institutions have $39.6M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2018 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 11 closing their positions.
55% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 11
12% more funds holding
Funds holding: 50 → 56 (+6)
19% less capital invested
Capital invested by funds: $49M → $39.6M (-$9.4M)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.98M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$879K |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$694K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
+$672K |
| 5 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$589K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.52M |
| 2 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$1.13M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$682K |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$593K |
| 5 |
Morgan Stanley
New York
|
-$571K |
FPL Hedge Fund Activity: Q4 2018 in Review
56 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q4 2018, worth a combined $39.6M — down 19% from $49M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FPL positions and 11 closed out — a net gain of 6 holders — while 15 added to existing stakes and 20 trimmed.
The largest buyer was Wolverine Asset Management, adding an estimated $1.98M. The largest seller was Wells Fargo, cutting an estimated $1.52M.
- 56 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q4 2018, up from 50 in Q3 2018.
- Funds reported $39.6M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q4 2018, down 19% quarter-over-quarter.
- 17 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q4 2018 and 11 closed out, a net change of +6 holders.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q4 2018 was Wolverine Asset Management, an estimated $1.98M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q4 2018 was Wells Fargo, an estimated $1.52M sold.
Based on aggregated 13F filings for Q4 2018.