First Trust Enhanced Equity Income Fund
FFA
35 hedge funds and large institutions have $72M invested in First Trust Enhanced Equity Income Fund in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 6 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
1% more capital invested
Capital invested by funds: $71.4M → $72M (+$614K)
0% more funds holding
Funds holding: 35 → 35 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
0.82% less ownership
Funds ownership: 24.93% → 24.11% (-0.82%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.09M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$528K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$514K |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$301K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.11M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.15M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$1.06M |
| 4 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$497K |
| 5 |
UR
USCA RIA
Houston,
Texas
|
-$287K |
FFA Hedge Fund Activity: Q1 2015 in Review
35 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q1 2015, worth a combined $72M — up 0.86% from $71.4M a quarter earlier.
Fund positioning in FFA was balanced in Q1 2015: 6 funds opened new positions, 6 closed out, 11 added to existing stakes and 9 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $1.09M. The largest seller was Morgan Stanley, cutting an estimated $2.11M.
- 35 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $72M of First Trust Enhanced Equity Income Fund stock for Q1 2015, up 0.86% quarter-over-quarter.
- 6 funds opened new First Trust Enhanced Equity Income Fund positions in Q1 2015 and 6 closed out, a net change of 0 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q1 2015 was Advisors Asset Management, an estimated $1.09M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q1 2015 was Morgan Stanley, an estimated $2.11M sold.
Based on aggregated 13F filings for Q1 2015.