First Trust Enhanced Equity Income Fund
FFA
49 hedge funds and large institutions have $90.2M invested in First Trust Enhanced Equity Income Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 7 closing their positions.
4% more capital invested
Capital invested by funds: $86.5M → $90.2M (+$3.7M)
0% more funds holding
Funds holding: 49 → 49 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0.44% less ownership
Funds ownership: 29.15% → 28.71% (-0.44%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$2.59M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$963K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$494K |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$463K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$362K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.33M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.04M |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
-$484K |
| 4 |
EF
Exeter Financial
Scottsdale,
Arizona
|
-$432K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$391K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DA
51
Doliver Advisors
Houston,
Texas
| – | -$484K | -32,766 | Closed |
|
|
CRC
52
Curi RMB Capital
Chicago,
Illinois
| – | -$391K | -26,471 | Closed |
|
|
FMBTD
53
First Midwest Bank Trust Division
Joliet,
Illinois
| – | -$214K | -14,500 | Closed |
|
|
WAM
54
Wolverine Asset Management
Chicago,
Illinois
| – | -$153K | -10,419 | Closed |
|
55
US Bancorp
Minneapolis,
Minnesota
| – | -$15K | -1,000 | Closed |
|
|
SWP
56
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$13K | -850 | Closed |
|
FFA Hedge Fund Activity: Q2 2018 in Review
49 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q2 2018, worth a combined $90.2M — up 4.3% from $86.5M a quarter earlier.
Fund positioning in FFA was balanced in Q2 2018: 7 funds opened new positions, 7 closed out, 14 added to existing stakes and 15 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $2.59M. The largest seller was Advisors Asset Management, cutting an estimated $2.33M.
- 49 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $90.2M of First Trust Enhanced Equity Income Fund stock for Q2 2018, up 4.3% quarter-over-quarter.
- 7 funds opened new First Trust Enhanced Equity Income Fund positions in Q2 2018 and 7 closed out, a net change of 0 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q2 2018 was Guggenheim Capital, an estimated $2.59M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q2 2018 was Advisors Asset Management, an estimated $2.33M sold.
Based on aggregated 13F filings for Q2 2018.