FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
FPL was delisted on the 3rd of May, 2024.
62 hedge funds and large institutions have $58.1M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
16% more capital invested
Capital invested by funds: $50.2M → $58.1M (+$7.93M)
13% more funds holding
Funds holding: 55 → 62 (+7)
30% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.18M |
| 2 |
LPL Financial
San Diego,
California
|
+$984K |
| 3 |
HHGC
Hunting Hill Global Capital
New York
|
+$972K |
| 4 |
Cohen & Steers
New York
|
+$555K |
| 5 |
CCP
Clough Capital Partners
Boston,
Massachusetts
|
+$370K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$945K |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$636K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$524K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$502K |
| 5 |
CBA
Coastal Bridge Advisors
Westport,
Connecticut
|
-$266K |
FPL Hedge Fund Activity: Q4 2023 in Review
62 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q4 2023, worth a combined $58.1M — up 16% from $50.2M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FPL positions and 4 closed out — a net gain of 8 holders — while 14 added to existing stakes and 20 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $2.18M. The largest seller was Osaic Holdings, cutting an estimated $945K.
- 62 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q4 2023, up from 55 in Q3 2023.
- Funds reported $58.1M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q4 2023, up 16% quarter-over-quarter.
- 12 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q4 2023 and 4 closed out, a net change of +8 holders.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q4 2023 was Goldman Sachs, an estimated $2.18M added.
- The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q4 2023 was Osaic Holdings, an estimated $945K sold.
Based on aggregated 13F filings for Q4 2023.