First Trust Enhanced Equity Income Fund
FFA
56 hedge funds and large institutions have $122M invested in First Trust Enhanced Equity Income Fund in 2021 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 9 reducing their positions, and 6 closing their positions.
178% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 9
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
10% more capital invested
Capital invested by funds: $111M → $122M (+$11.2M)
10% more funds holding
Funds holding: 51 → 56 (+5)
0.56% more ownership
Funds ownership: 28.22% → 28.78% (+0.56%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.67M |
| 2 |
5L
55I LLC
Boston,
Massachusetts
|
+$585K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$530K |
| 4 |
Morgan Stanley
New York
|
+$321K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$321K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.82M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$653K |
| 3 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$297K |
| 4 |
EF
Exeter Financial
Scottsdale,
Arizona
|
-$231K |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$197K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCA
51
FinTrust Capital Advisors
Greenville,
South Carolina
| $20K | +$273 | +13 | +1% |
|
|
FF
52
FourThought Financial
Venice,
Florida
| $17K | – | – | – |
|
|
GWSG
53
GPS Wealth Strategies Group
Centennial,
Colorado
| $14K | – | – | – |
|
|
HI
54
Harbour Investments
Madison,
Wisconsin
| $11K | -$4.19K | -200 | -29% |
|
|
KFI
55
Key Financial Inc
West Chester,
Pennsylvania
| $5K | – | – | – |
|
|
TRCT
56
Tower Research Capital (TRC)
New York
| $3K | +$2.54K | +121 | New |
|
|
WAP
57
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$297K | -15,075 | Closed |
|
|
58
Kovitz Investment Group Partners
Chicago,
Illinois
| – | -$197K | -10,000 | Closed |
|
59
Citigroup
New York
| – | -$26K | -1,323 | Closed |
|
|
PWA
60
Phoenix Wealth Advisors
Chapel Hill,
North Carolina
| – | -$8K | -400 | Closed |
|
|
AWA
61
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$6K | -328 | Closed |
|
62
BlackRock
New York
| – | -$4K | -204 | Closed |
|
FFA Hedge Fund Activity: Q4 2021 in Review
56 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q4 2021, worth a combined $122M — up 10% from $111M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FFA positions and 6 closed out — a net gain of 5 holders — while 25 added to existing stakes and 9 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $1.67M. The largest seller was Guggenheim Capital, cutting an estimated $1.82M.
- 56 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q4 2021, up from 51 in Q3 2021.
- Funds reported $122M of First Trust Enhanced Equity Income Fund stock for Q4 2021, up 10% quarter-over-quarter.
- 11 funds opened new First Trust Enhanced Equity Income Fund positions in Q4 2021 and 6 closed out, a net change of +5 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q4 2021 was Shaker Financial Services, an estimated $1.67M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q4 2021 was Guggenheim Capital, an estimated $1.82M sold.
Based on aggregated 13F filings for Q4 2021.