First Trust Enhanced Equity Income Fund
FFA
39 hedge funds and large institutions have $63.5M invested in First Trust Enhanced Equity Income Fund in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
26% more funds holding
Funds holding: 31 → 39 (+8)
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
1.97% more ownership
Funds ownership: 23.62% → 25.59% (+2%)
6% less capital invested
Capital invested by funds: $67.7M → $63.5M (-$4.24M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.67M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.39M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$1.07M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$996K |
| 5 |
DA
Doliver Advisors
Houston,
Texas
|
+$496K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.05M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$454K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$184K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$83.5K |
FFA Hedge Fund Activity: Q3 2015 in Review
39 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q3 2015, worth a combined $63.5M — down 6.3% from $67.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FFA positions and 2 closed out — a net gain of 8 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.67M. The largest seller was Advisors Asset Management, cutting an estimated $2.05M.
- 39 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q3 2015, up from 31 in Q2 2015.
- Funds reported $63.5M of First Trust Enhanced Equity Income Fund stock for Q3 2015, down 6.3% quarter-over-quarter.
- 10 funds opened new First Trust Enhanced Equity Income Fund positions in Q3 2015 and 2 closed out, a net change of +8 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q3 2015 was Morgan Stanley, an estimated $3.67M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q3 2015 was Advisors Asset Management, an estimated $2.05M sold.
Based on aggregated 13F filings for Q3 2015.