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FFA

First Trust Enhanced Equity Income Fund

47 hedge funds and large institutions have $75.5M invested in First Trust Enhanced Equity Income Fund in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 20 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.11% more ownership

Funds ownership: 29.15%29.26% (+0.11%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

8% less funds holding

Funds holding: 5147 (-4)

19% less capital invested

Capital invested by funds: $93.1M → $75.5M (-$17.6M)

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

50% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 20

Holders
47
Holders Change
-4
Holders Change %
-7.84%
% of All Funds
1.05%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
10
Reduced
20
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Carson Wealth (CWM LLC)
26
Carson Wealth (CWM LLC)
Nebraska
$216K +$176K +12,113 +262%
WAM
27
Weiss Asset Management
Massachusetts
$202K +$227K +15,609 New
Bank of America
28
Bank of America
North Carolina
$162K -$2.32K -160 -1%
Susquehanna International Group
29
Susquehanna International Group
Pennsylvania
$157K -$45.8K -3,154 -21%
VCM
30
Virtue Capital Management
Tennessee
$142K -$176K -12,127 -52%
IA
31
IFP Advisors
Florida
$113K +$22.4K +1,542 +22%
BFEC
32
Benjamin F. Edwards & Company
Missouri
$87K -$1.96K -135 -2%
SWM
33
SeaCrest Wealth Management
New York
$48K
FIB
34
First Interstate Bank
Montana
$45K
PB
35
Pinnacle Bancorp
Nebraska
$39K +$43.6K +3,000 New
QCIG
36
Quad-Cities Investment Group
Iowa
$37K +$726 +50 +2%
PNC Financial Services Group
37
PNC Financial Services Group
Pennsylvania
$34K
GWM
38
Geneos Wealth Management
Colorado
$31K +$3.44K +237 +11%
WAP
39
Wealthcare Advisory Partners
Pennsylvania
$27K
MFW
40
Mosaic Family Wealth
Missouri
$17K
FCA
41
FinTrust Capital Advisors
South Carolina
$15K +$16.4K +1,131 New
CAC
42
Certified Advisory Corp
Florida
$11K
Fifth Third Bancorp
43
Fifth Third Bancorp
Ohio
$10K +$10.9K +750 New
RFC
44
Regions Financial Corp
Alabama
$9K
EFSCE
45
Enterprise Financial Services Corp (EFSC)
Missouri
$7K
SFG
46
SevenBridge Financial Group
Pennsylvania
$6K
IFWM
47
Institute for Wealth Management
Colorado
-$211K -12,993 Closed
Bank of Montreal
48
Bank of Montreal
Ontario, Canada
-$207K -12,954 Closed
Bank of Nova Scotia
49
Bank of Nova Scotia
Ontario, Canada
-$170K -10,625 Closed
TC
50
Trilogy Capital
California
-$49K -3,067 Closed

FFA Hedge Fund Activity: Q4 2018 in Review

47 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q4 2018, worth a combined $75.5M — down 19% from $93.1M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FFA and 7 opened new positions — a net loss of 4 holders — while 20 trimmed existing stakes and 10 added.

The largest buyer was Guggenheim Capital, adding an estimated $1.6M. The largest seller was Advisors Asset Management, cutting an estimated $1.61M.

  • 47 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q4 2018, down from 51 in Q3 2018.
  • Funds reported $75.5M of First Trust Enhanced Equity Income Fund stock for Q4 2018, down 19% quarter-over-quarter.
  • 7 funds opened new First Trust Enhanced Equity Income Fund positions in Q4 2018 and 11 closed out, a net change of -4 holders.
  • The largest First Trust Enhanced Equity Income Fund buyer in Q4 2018 was Guggenheim Capital, an estimated $1.6M added.
  • The largest First Trust Enhanced Equity Income Fund seller in Q4 2018 was Advisors Asset Management, an estimated $1.61M sold.

Based on aggregated 13F filings for Q4 2018.