First Trust Enhanced Equity Income Fund
FFA
44 hedge funds and large institutions have $96M invested in First Trust Enhanced Equity Income Fund in 2019 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 7 closing their positions.
9% more capital invested
Capital invested by funds: $88.5M → $96M (+$7.58M)
0% more funds holding
Funds holding: 44 → 44 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0.1% less ownership
Funds ownership: 27.98% → 27.88% (-0.1%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$455K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$438K |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$309K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$254K |
| 5 |
Morgan Stanley
New York
|
+$211K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$1.31M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$758K |
| 3 |
CA
Cetera Advisors
Denver,
Colorado
|
-$221K |
| 4 |
LWAC
Laurel Wealth Advisors (California)
Solana Beach,
California
|
-$90.1K |
| 5 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$64.6K |
FFA Hedge Fund Activity: Q4 2019 in Review
44 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q4 2019, worth a combined $96M — up 8.6% from $88.5M a quarter earlier.
Fund positioning in FFA was balanced in Q4 2019: 7 funds opened new positions, 7 closed out, 12 added to existing stakes and 13 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $455K. The largest seller was Advisors Asset Management, cutting an estimated $1.31M.
- 44 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $96M of First Trust Enhanced Equity Income Fund stock for Q4 2019, up 8.6% quarter-over-quarter.
- 7 funds opened new First Trust Enhanced Equity Income Fund positions in Q4 2019 and 7 closed out, a net change of 0 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q4 2019 was Ladenburg Thalmann Financial Services, an estimated $455K added.
- The largest First Trust Enhanced Equity Income Fund seller in Q4 2019 was Advisors Asset Management, an estimated $1.31M sold.
Based on aggregated 13F filings for Q4 2019.