First Trust Enhanced Equity Income Fund
FFA
53 hedge funds and large institutions have $92.1M invested in First Trust Enhanced Equity Income Fund in 2022 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 16 increasing their positions, 19 reducing their positions, and 7 closing their positions.
0.07% less ownership
Funds ownership: 28.35% → 28.27% (-0.07%)
2% less funds holding
Funds holding: 54 → 53 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
16% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 19
20% less capital invested
Capital invested by funds: $115M → $92.1M (-$22.6M)
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
|
+$4.43M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$479K |
| 3 |
Rockefeller Capital Management
New York
|
+$418K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$404K |
| 5 |
BFA
Buttonwood Financial Advisors
Baltimore,
Maryland
|
+$298K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.4M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.12M |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.02M |
| 4 |
OWA
Opal Wealth Advisors
Jericho,
New York
|
-$780K |
| 5 |
5L
55I LLC
Boston,
Massachusetts
|
-$564K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
51
Harbour Investments
Madison,
Wisconsin
| $8K | +$9.02K | +500 | New |
|
|
KFI
52
Key Financial Inc
West Chester,
Pennsylvania
| $4K | – | – | – |
|
|
BRWM
53
B. Riley Wealth Management
Memphis,
Tennessee
| $242 | +$19.2K | +1,064 | +8% |
|
|
5L
54
55I LLC
Boston,
Massachusetts
| – | -$564K | -27,854 | Closed |
|
|
IAIM
55
International Assets Investment Management
Orlando,
Florida
| – | -$293K | -14,485 | Closed |
|
|
LWAC
56
Laurel Wealth Advisors (California)
Solana Beach,
California
| – | -$213K | -10,536 | Closed |
|
57
Koshinski Asset Management
Decatur,
Illinois
| – | -$179K | -8,832 | Closed |
|
|
CA
58
Clearstead Advisors
Cleveland,
Ohio
| – | -$32K | -1,600 | Closed |
|
|
TWM
59
Tradition Wealth Management
Edina,
Minnesota
| – | -$25K | -1,242 | Closed |
|
|
MCC
60
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$12K | -600 | Closed |
|
FFA Hedge Fund Activity: Q2 2022 in Review
53 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q2 2022, worth a combined $92.1M — down 20% from $115M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FFA and 6 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 16 added.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $4.43M. The largest seller was Raymond James & Associates, cutting an estimated $1.4M.
- 53 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q2 2022, down from 54 in Q1 2022.
- Funds reported $92.1M of First Trust Enhanced Equity Income Fund stock for Q2 2022, down 20% quarter-over-quarter.
- 6 funds opened new First Trust Enhanced Equity Income Fund positions in Q2 2022 and 7 closed out, a net change of -1 holder.
- The largest First Trust Enhanced Equity Income Fund buyer in Q2 2022 was Shaker Financial Services, an estimated $4.43M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q2 2022 was Raymond James & Associates, an estimated $1.4M sold.
Based on aggregated 13F filings for Q2 2022.