FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
52 hedge funds and large institutions have $49M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 13 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
24% more capital invested
Capital invested by funds: $39.6M → $49M (+$9.33M)
7% less funds holding
Funds holding: 56 → 52 (-4)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$2.1M |
| 2 |
HHAM
HITE Hedge Asset Management
Braintree,
Massachusetts
|
+$1.91M |
| 3 |
Morgan Stanley
New York
|
+$828K |
| 4 |
ACM
Arlington Capital Management
Arlington Heights,
Illinois
|
+$475K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DA
Doliver Advisors
Houston,
Texas
|
-$1.39M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.37M |
| 3 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
-$611K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$518K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$396K |
FPL Hedge Fund Activity: Q1 2019 in Review
52 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q1 2019, worth a combined $49M — up 24% from $39.6M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FPL and 9 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 20 added.
The largest buyer was Coastal Bridge Advisors, adding an estimated $2.1M. The largest seller was Doliver Advisors, cutting an estimated $1.39M.
- 52 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q1 2019, down from 56 in Q4 2018.
- Funds reported $49M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q1 2019, up 24% quarter-over-quarter.
- 9 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q1 2019 and 13 closed out, a net change of -4 holders.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q1 2019 was Coastal Bridge Advisors, an estimated $2.1M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q1 2019 was Doliver Advisors, an estimated $1.39M sold.
Based on aggregated 13F filings for Q1 2019.