Vault-13

FST TR NEW OPPORT MLP & ENE

COM · CUSIP 33739M100

56 institutional holders +8 vs Q2 2023
8,019,7268.0m shares reported held*
$50.2mreported value*
9 new 17 added 16 reduced 2 sold out net bought ≈ $8.1m (+1.3m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $6.26.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 44Q4 22: 54Q1 23: 51Q2 23: 48Q3 23: 5656Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202244
Q4 202254
Q1 202351
Q2 202348
Q3 202356

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q4 22: 28 bought or addedQ4 22: 12 cut or sold outQ4 22Q1 23: 19 bought or addedQ1 23: 24 cut or sold outQ1 23Q2 23: 19 bought or addedQ2 23: 16 cut or sold outQ2 23Q3 23: 26 bought or addedQ3 23: 18 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222812
Q1 20231924
Q2 20231916
Q3 20232618

Biggest buyers

Saba Capital Management, L.P. Added +1,069,735+1.1m
Advisors Asset Management, Inc. Added +78,521+78.5k
OSAIC HOLDINGS, INC. Added +73,715+73.7k
Compound Planning, Inc. New +47,805+47.8k
KAYNE ANDERSON CAPITAL ADVISORS LP New +45,700+45.7k
WOLVERINE ASSET MANAGEMENT LLC Added +34,806+34.8k
Invesco Ltd. Added +30,225+30.2k
Capital Investment Advisors, LLC New +25,416+25.4k
RAYMOND JAMES & ASSOCIATES Added +24,762+24.8k
Coastal Bridge Advisors, LLC Added +18,165+18.2k

Biggest sellers

CoreCap Advisors, LLC Reduced -59,235-59.2k
MORGAN STANLEY Reduced -28,641-28.6k
Quantedge Capital Pte Ltd Reduced -26,600-26.6k
Lido Advisors, LLC Sold out -20,000-20.0k
LPL Financial LLC Reduced -19,380-19.4k
Thomasville National Bank Sold out -10,000-10.0k
UBS Group AG Reduced -9,593-9.6k
OPPENHEIMER & CO INC Reduced -8,409-8.4k
ROYAL BANK OF CANADA Reduced -6,920-6.9k
Private Advisor Group, LLC Reduced -5,000-5.0k

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Saba Capital Management, L.P. 0.39% of their portfolio NEW YORK, NY 1,965,7602.0m $12.3m $12.3m 0.39% Added +1.1m +1,069,735
2 Coastal Bridge Advisors, LLC 2.89% of their portfolio WESTPORT, CT 1,723,5201.7m $10.8m $10.8m 2.89% Added +18.2k +18,165
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,112,9031.1m $7.0m $7.0m 0.00% Reduced -28.6k -28,641
4 Advisors Asset Management, Inc. 0.09% of their portfolio Monument, CO 694,812694.8k $4.3m $4.3m 0.09% Added +78.5k +78,521
5 RIVERNORTH CAPITAL MANAGEMENT, LLC 0.10% of their portfolio WEST PALM BEACH, FL 317,904317.9k $2.0m $2.0m 0.10% Unchanged
6 CoreCap Advisors, LLC 0.12% of their portfolio SOUTHFIELD, MI 264,415264.4k $1.7m $1.7m 0.12% Reduced -59.2k -59,235
7 COHEN & STEERS, INC. 0.00% of their portfolio NEW YORK, NY 245,800245.8k $1.5m $1.5m 0.00% Unchanged
8 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 196,568196.6k $1.2m $1.2m 0.00% Added +73.7k +73,715
9 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 169,299169.3k $1.1m $1.1m 0.00% Added +24.8k +24,762
10 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 126,403126.4k $791.3k $791.3k 0.01% Added +34.8k +34,806
11 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 112,455112.5k $704.0k $704.0k 0.01% Reduced -5.0k -5,000
12 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 111,134111.1k $695.7k $695.7k 0.00% Reduced -3.1k -3,099
13 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 101,549101.5k $636.0k $636.0k 0.00% Reduced -1.2k -1,195
14 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 91,33691.3k $571.8k $571.8k 0.00% Added +30.2k +30,225
15 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 71,00171.0k $444.5k $444.5k 0.01% Added +5.0k +5,001
16 Schechter Investment Advisors, LLC 0.03% of their portfolio BIRMINGHAM, MI 48,96449.0k $306.5k $306.5k 0.03% Unchanged
17 Compound Planning, Inc. 0.10% of their portfolio NEW YORK, NY 47,80547.8k $299.3k $299.3k 0.10% New
18 KAYNE ANDERSON CAPITAL ADVISORS LP 0.01% of their portfolio LOS ANGELES, CA 45,70045.7k $286.1k $286.1k 0.01% New
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 45,00045.0k $282.0k $282.0k 0.00% Reduced -6.9k -6,920
20 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 44,19144.2k $276.6k $276.6k 0.00% Reduced -2.6k -2,616
21 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 40,51740.5k $253.6k $253.6k 0.00% Reduced -19.4k -19,380
22 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 29,70029.7k $185.9k $185.9k 0.00% Reduced -1.8k -1,801
23 Quantedge Capital Pte Ltd 0.10% of their portfolio Singapore, U0 28,84628.8k $180.6k $180.6k 0.10% Reduced -26.6k -26,600
24 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 27,51727.5k $172.3k $172.3k 0.00% Added +17.2k +17,209
25 Capital Investment Advisors, LLC 0.00% of their portfolio ATLANTA, GA 25,41625.4k $159.1k $159.1k 0.00% New
26 Retirement Planning Co of New England, Inc. 0.08% of their portfolio Warwick, RI 23,24823.2k $145.5k $145.5k 0.08% Reduced -939 -939
27 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 23,14223.1k $144.9k $144.9k 0.00% Added +4.1k +4,101
28 Pine Valley Investments Ltd Liability Co 0.01% of their portfolio MARLTON, NJ 22,63522.6k $141.7k $141.7k 0.01% Added +100 +100
29 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 22,37422.4k $140.0k $140.0k 0.00% Added +258 +258
30 SIT INVESTMENT ASSOCIATES INC 0.00% of their portfolio Minneapolis, MN 21,50021.5k $135.0k $135.0k 0.00% Unchanged
31 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 20,98121.0k $131.0k $131.0k 0.00% Reduced -2.7k -2,659
32 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 17,60017.6k $110.0k $110.0k 0.01% Added +2.2k +2,200
33 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 15,92815.9k $99.7k $99.7k 0.00% Reduced -8.4k -8,409
34 UBS Group AG 0.00% of their portfolio ZURICH, V8 15,81515.8k $99.0k $99.0k 0.00% Reduced -9.6k -9,593
35 PINNACLE ASSOCIATES LTD 0.00% of their portfolio NEW YORK, NY 13,80913.8k $86.4k $86.4k 0.00% Added +164 +164
36 Pinnacle Wealth Management Advisory Group, LLC 0.01% of their portfolio RED BANK, NJ 13,80913.8k $86.4k $86.4k 0.01% Added +164 +164
37 NWF Advisory Services Inc. 0.02% of their portfolio Los Angeles, CA 13,80013.8k $86.4k $86.4k 0.02% Unchanged
38 Grey Street Capital, LLC 0.05% of their portfolio CHICAGO, IL 13,72913.7k $85.9k $85.9k 0.05% Unchanged
39 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 13,35013.3k $83.6k $83.6k 0.00% New
40 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 13,12613.1k $82.2k $82.2k 0.00% Reduced -3.3k -3,295
41 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 12,50512.5k $78.3k $78.3k 0.00% Added +892 +892
42 NOTTINGHAM ADVISORS, INC. 0.01% of their portfolio AMHERST, NY 11,00011.0k $68.9k $68.9k 0.01% Unchanged
43 Sea Otter Advisors LLC 0.04% of their portfolio Miami, FL 10,00010.0k $62.6k $62.6k 0.04% New
44 CAROLINAS WEALTH CONSULTING LLC 0.01% of their portfolio CHARLOTTE, NC 8,2988.3k $55.4k $55.4k 0.01% Unchanged
45 Johnson Midwest Financial, LLC 0.10% of their portfolio GLIDDEN, IA 7,2007.2k $45.1k $45.1k 0.10% Unchanged
46 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 6,2306.2k $39.0k $39.0k 0.00% First filing
47 DHJJ Financial Advisors, Ltd. 0.01% of their portfolio NAPERVILLE, IL 2,3502.4k $14.7k $14.7k 0.01% New
48 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 2,3002.3k $14.4k $14.4k 0.00% Reduced -19 -19
49 BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio ST. LOUIS, MO 2,1002.1k $13.0k $13.0k 0.00% Unchanged
50 Cedar Mountain Advisors, LLC 0.00% of their portfolio LAKE OSWEGO, OR 1,6891.7k $10.6k $10.6k 0.00% Unchanged
51 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,5391.5k $9.6k $9.6k 0.00% Added +28 +28
52 Highlander Capital Management, LLC 0.00% of their portfolio SHORT HILLS, NJ 500500 $3.0k $3.0k 0.00% New
53 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 450450 $2.8k $2.8k 0.00% Unchanged
54 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 120120 $716 $716 0.00% New
55 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8484 $526 $526 0.00% New
56 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged