First Trust Enhanced Equity Income Fund
FFA
50 hedge funds and large institutions have $82.9M invested in First Trust Enhanced Equity Income Fund in 2016 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 16 increasing their positions, 12 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
33% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 12
22% more funds holding
Funds holding: 41 → 50 (+9)
2% more capital invested
Capital invested by funds: $81.1M → $82.9M (+$1.82M)
0.34% more ownership
Funds ownership: 30.38% → 30.72% (+0.34%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.05M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$763K |
| 3 |
BI
Bulldog Investors
Saddle Brook,
New Jersey
|
+$424K |
| 4 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
+$418K |
| 5 |
NSIM
North Star Investment Management
Chicago,
Illinois
|
+$417K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.42M |
| 2 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$479K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$469K |
| 4 |
CWM
Concert Wealth Management
San Jose,
California
|
-$306K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$274K |
FFA Hedge Fund Activity: Q4 2016 in Review
50 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q4 2016, worth a combined $82.9M — up 2.2% from $81.1M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FFA positions and 2 closed out — a net gain of 9 holders — while 16 added to existing stakes and 12 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $1.05M. The largest seller was Advisors Asset Management, cutting an estimated $2.42M.
- 50 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q4 2016, up from 41 in Q3 2016.
- Funds reported $82.9M of First Trust Enhanced Equity Income Fund stock for Q4 2016, up 2.2% quarter-over-quarter.
- 11 funds opened new First Trust Enhanced Equity Income Fund positions in Q4 2016 and 2 closed out, a net change of +9 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q4 2016 was Raymond James & Associates, an estimated $1.05M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q4 2016 was Advisors Asset Management, an estimated $2.42M sold.
Based on aggregated 13F filings for Q4 2016.