First Trust Enhanced Equity Income Fund
FFA
31 hedge funds and large institutions have $67.7M invested in First Trust Enhanced Equity Income Fund in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
0.48% less ownership
Funds ownership: 24.11% → 23.62% (-0.48%)
6% less capital invested
Capital invested by funds: $72M → $67.7M (-$4.25M)
11% less funds holding
Funds holding: 35 → 31 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$2.51M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$889K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$211K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$104K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$49.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$1.04M |
| 2 |
Morgan Stanley
New York
|
-$904K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$784K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$767K |
| 5 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$299K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
First Manhattan
New York
| $15K | – | – | – |
|
|
CPIG
27
Chicago Partners Investment Group
Chicago,
Illinois
| $14K | -$60 | -4 | -0.4% |
|
|
BRWM
28
B. Riley Wealth Management
Memphis,
Tennessee
| $14K | – | – | – |
|
|
CTB
29
Country Trust Bank
Bloomington,
Illinois
| $12K | +$12.7K | +850 | New |
|
|
EFSCE
30
Enterprise Financial Services Corp (EFSC)
Clayton,
Missouri
| $10K | – | – | – |
|
31
Citigroup
New York
| $10K | +$164 | +11 | +2% |
|
|
KIM
32
Karpus Investment Management
Pittsford,
New York
| – | -$784K | -54,415 | Closed |
|
|
RJFSA
33
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$767K | -53,276 | Closed |
|
|
DA
34
Doliver Advisors
Houston,
Texas
| – | -$244K | -16,970 | Closed |
|
|
VKH
35
Virtu KCG Holdings
New York
| – | -$186K | -12,894 | Closed |
|
|
AF
36
Arrow Financial
Glens Falls,
New York
| – | -$38K | -2,666 | Closed |
|
|
TWMP
37
Taylor Wealth Management Partners
Boston,
Massachusetts
| – | -$2K | -112 | Closed |
|
FFA Hedge Fund Activity: Q2 2015 in Review
31 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q2 2015, worth a combined $67.7M — down 5.9% from $72M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FFA and 2 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 11 added.
The largest buyer was Advisors Asset Management, adding an estimated $2.51M. The largest seller was Invesco, cutting an estimated $1.04M.
- 31 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q2 2015, down from 35 in Q1 2015.
- Funds reported $67.7M of First Trust Enhanced Equity Income Fund stock for Q2 2015, down 5.9% quarter-over-quarter.
- 2 funds opened new First Trust Enhanced Equity Income Fund positions in Q2 2015 and 6 closed out, a net change of -4 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q2 2015 was Advisors Asset Management, an estimated $2.51M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q2 2015 was Invesco, an estimated $1.04M sold.
Based on aggregated 13F filings for Q2 2015.