FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
49 hedge funds and large institutions have $26M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2020 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
7% more funds holding
Funds holding: 46 → 49 (+3)
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
2% less capital invested
Capital invested by funds: $26.4M → $26M (-$402K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.49M |
| 2 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$1.4M |
| 3 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$843K |
| 4 |
Morgan Stanley
New York
|
+$741K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
+$625K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$665K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$621K |
| 3 |
MCM
Manchester Capital Management
Manchester,
Vermont
|
-$496K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$178K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$94.2K |
FPL Hedge Fund Activity: Q3 2020 in Review
49 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q3 2020, worth a combined $26M — down 1.5% from $26.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FPL positions and 8 closed out — a net gain of 3 holders — while 15 added to existing stakes and 14 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $1.49M. The largest seller was Wells Fargo, cutting an estimated $665K.
- 49 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q3 2020, up from 46 in Q2 2020.
- Funds reported $26M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q3 2020, down 1.5% quarter-over-quarter.
- 11 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q3 2020 and 8 closed out, a net change of +3 holders.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q3 2020 was Rivernorth Capital Management, an estimated $1.49M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q3 2020 was Wells Fargo, an estimated $665K sold.
Based on aggregated 13F filings for Q3 2020.