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FPL

FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND

Delisted

FPL was delisted on the 3rd of May, 2024.

61 hedge funds and large institutions have $70M invested in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 5

7% more capital invested

Capital invested by funds: $65.7M → $70M (+$4.36M)

2% less funds holding

Funds holding: 6261 (-1)

19% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 21

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
61
Holders Change
-1
Holders Change %
-1.61%
% of All Funds
0.88%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
6
Increased
17
Reduced
21
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SCM
1
Saba Capital Management
New York
$15.1M
CBA
2
Coastal Bridge Advisors
Connecticut
$9.06M -$3.52M -500,847 -30%
Morgan Stanley
3
Morgan Stanley
New York
$8.28M -$7.81M -1,109,608 -51%
Goldman Sachs
4
Goldman Sachs
New York
$7.03M +$4.16M +591,305 +181%
AAM
5
Advisors Asset Management
Colorado
$5.14M -$132K -18,697 -3%
Cohen & Steers
6
Cohen & Steers
New York
$2.63M +$106K +15,000 +5%
AIA
7
Absolute Investment Advisers
Florida
$2.22M +$2.04M +290,058 New
CA
8
CoreCap Advisors
Michigan
$2.05M -$45K -6,400 -2%
RCM
9
Rivernorth Capital Management
Florida
$1.86M
LPL Financial
10
LPL Financial
California
$1.4M -$30.6K -4,353 -2%
YCM
11
Yakira Capital Management
Connecticut
$1.25M +$1.07M +151,388 +1,293%
RJA
12
Raymond James & Associates
Florida
$1.21M -$30.4K -4,315 -3%
HHGC
13
Hunting Hill Global Capital
New York
$1.11M
Invesco
14
Invesco
Georgia
$1.01M +$6.98K +992 +0.8%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$970K +$569K +80,790 +176%
QL
16
Quarry LP
New York
$884K +$662K +94,077 +440%
Ameriprise
17
Ameriprise
Minnesota
$815K -$98.5K -14,000 -12%
SIA
18
Sit Investment Associates
Minnesota
$768K +$555K +78,808 +367%
AC
19
Almitas Capital
California
$707K +$650K +92,346 New
Jane Street
20
Jane Street
New York
$570K +$365K +51,855 +229%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$523K +$176K +24,942 +57%
BRWA
22
B. Riley Wealth Advisors
Florida
$444K -$66.9K -9,500 -12%
Osaic Holdings
23
Osaic Holdings
Arizona
$402K -$18.9K -2,691 -5%
SIA
24
Schechter Investment Advisors
Michigan
$375K
AFG
25
Atomi Financial Group
New York
$339K -$21.7K -3,081 -7%

FPL Hedge Fund Activity: Q1 2024 in Review

61 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) for Q1 2024, worth a combined $70M — up 6.6% from $65.7M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new FPL positions and 5 closed out — a net gain of 1 holder — while 17 added to existing stakes and 21 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $4.16M. The largest seller was Morgan Stanley, cutting an estimated $7.81M.

  • 61 institutional investors held FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND (FPL) as of Q1 2024, down from 62 in Q4 2023.
  • Funds reported $70M of FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND stock for Q1 2024, up 6.6% quarter-over-quarter.
  • 6 funds opened new FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND positions in Q1 2024 and 5 closed out, a net change of +1 holder.
  • The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND buyer in Q1 2024 was Goldman Sachs, an estimated $4.16M added.
  • The largest FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND seller in Q1 2024 was Morgan Stanley, an estimated $7.81M sold.

Based on aggregated 13F filings for Q1 2024.