First Trust Enhanced Equity Income Fund
FFA
56 hedge funds and large institutions have $83.3M invested in First Trust Enhanced Equity Income Fund in 2022 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 4 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
6% more funds holding
Funds holding: 53 → 56 (+3)
0.12% more ownership
Funds ownership: 28.27% → 28.39% (+0.12%)
10% less capital invested
Capital invested by funds: $92.1M → $83.3M (-$8.76M)
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$4.58M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.39M |
| 3 |
EF
Exeter Financial
Scottsdale,
Arizona
|
+$769K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$492K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$274K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.94M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$882K |
| 3 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$874K |
| 4 |
OWA
Opal Wealth Advisors
Jericho,
New York
|
-$742K |
| 5 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$422K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWSG
51
GPS Wealth Strategies Group
Centennial,
Colorado
| $9K | – | – | – |
|
52
Fifth Third Bancorp
Cincinnati,
Ohio
| $9K | +$9.79K | +581 | New |
|
|
AF
53
Advisornet Financial
Minnetonka,
Minnesota
| $9K | +$10.1K | +600 | New |
|
|
HI
54
Harbour Investments
Madison,
Wisconsin
| $8K | – | – | – |
|
|
KFI
55
Key Financial Inc
West Chester,
Pennsylvania
| $3K | – | – | – |
|
|
OWA
56
Opal Wealth Advisors
Jericho,
New York
| – | -$742K | -45,438 | Closed |
|
|
TCWM
57
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$113K | -6,909 | Closed |
|
|
PFS
58
Prospera Financial Services
Dallas,
Texas
| – | -$69K | -4,203 | Closed |
|
|
GWM
59
Geneos Wealth Management
Englewood,
Colorado
| – | -$21K | -1,315 | Closed |
|
60
Fidelity Investments
Boston,
Massachusetts
| – | +$34 | +2 | New |
|
FFA Hedge Fund Activity: Q3 2022 in Review
56 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q3 2022, worth a combined $83.3M — down 9.5% from $92.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FFA positions and 4 closed out — a net gain of 4 holders — while 15 added to existing stakes and 20 trimmed.
The largest buyer was Shaker Financial Services, adding an estimated $4.58M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $2.94M.
- 56 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q3 2022, up from 53 in Q2 2022.
- Funds reported $83.3M of First Trust Enhanced Equity Income Fund stock for Q3 2022, down 9.5% quarter-over-quarter.
- 8 funds opened new First Trust Enhanced Equity Income Fund positions in Q3 2022 and 4 closed out, a net change of +4 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q3 2022 was Shaker Financial Services, an estimated $4.58M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q3 2022 was Raymond James Financial Services Advisors, an estimated $2.94M sold.
Based on aggregated 13F filings for Q3 2022.