FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
47 hedge funds and large institutions have $34.5M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 20 reducing their positions, and 6 closing their positions.
1% more capital invested
Capital invested by funds: $34M → $34.5M (+$497K)
6% less funds holding
Funds holding: 50 → 47 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
50% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
+$2.4M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$664K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$170K |
| 4 |
TWM
Titus Wealth Management
Larskpur,
California
|
+$110K |
| 5 |
TSS
Two Sigma Securities
New York
|
+$69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$380K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$227K |
| 3 |
QC
Quantedge Capital
Singapore
|
-$160K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$111K |
| 5 |
VF
Virtu Financial
New York
|
-$102K |
FPL Hedge Fund Activity: Q3 2021 in Review
47 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q3 2021, worth a combined $34.5M — up 1.5% from $34M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FPL and 4 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 10 added.
The largest buyer was Coastal Bridge Advisors, adding an estimated $2.4M. The largest seller was Morgan Stanley, cutting an estimated $380K.
- 47 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q3 2021, down from 50 in Q2 2021.
- Funds reported $34.5M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q3 2021, up 1.5% quarter-over-quarter.
- 4 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q3 2021 and 6 closed out, a net change of -2 holders.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q3 2021 was Coastal Bridge Advisors, an estimated $2.4M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q3 2021 was Morgan Stanley, an estimated $380K sold.
Based on aggregated 13F filings for Q3 2021.