First Trust Enhanced Equity Income Fund
FFA
41 hedge funds and large institutions have $58.7M invested in First Trust Enhanced Equity Income Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 12
5% more funds holding
Funds holding: 39 → 41 (+2)
0.12% less ownership
Funds ownership: 21.58% → 21.46% (-0.12%)
0% less capital invested
Capital invested by funds: $58.9M → $58.7M (-$211K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$2.7M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$746K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$705K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$436K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
+$376K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
-$2.86M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$1.85M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$825K |
| 4 |
SG Americas Securities
New York
|
-$351K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$320K |
FFA Hedge Fund Activity: Q1 2014 in Review
41 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q1 2014, worth a combined $58.7M — down 0.36% from $58.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FFA positions and 1 closed out — a net gain of 2 holders — while 18 added to existing stakes and 12 trimmed.
The largest buyer was Invesco, adding an estimated $2.7M. The largest seller was North Star Investment Management, cutting an estimated $2.86M.
- 41 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q1 2014, up from 39 in Q4 2013.
- Funds reported $58.7M of First Trust Enhanced Equity Income Fund stock for Q1 2014, down 0.36% quarter-over-quarter.
- 3 funds opened new First Trust Enhanced Equity Income Fund positions in Q1 2014 and 1 closed out, a net change of +2 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q1 2014 was Invesco, an estimated $2.7M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q1 2014 was North Star Investment Management, an estimated $2.86M sold.
Based on aggregated 13F filings for Q1 2014.