First Trust Enhanced Equity Income Fund
FFA
51 hedge funds and large institutions have $93.1M invested in First Trust Enhanced Equity Income Fund in 2018 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 14
4% more funds holding
Funds holding: 49 → 51 (+2)
3% more capital invested
Capital invested by funds: $90.2M → $93.1M (+$2.93M)
0.45% more ownership
Funds ownership: 28.71% → 29.15% (+0.45%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.4M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.78M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.36M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$256K |
| 5 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$187K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$1.48M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1M |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$862K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$766K |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$316K |
FFA Hedge Fund Activity: Q3 2018 in Review
51 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q3 2018, worth a combined $93.1M — up 3.2% from $90.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FFA positions and 2 closed out — a net gain of 2 holders — while 21 added to existing stakes and 14 trimmed.
The largest buyer was Shaker Financial Services, opening a new position worth an estimated $2.4M. The largest seller was Parametric Portfolio Associates, exiting entirely with an estimated $1.48M sold.
- 51 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q3 2018, up from 49 in Q2 2018.
- Funds reported $93.1M of First Trust Enhanced Equity Income Fund stock for Q3 2018, up 3.2% quarter-over-quarter.
- 4 funds opened new First Trust Enhanced Equity Income Fund positions in Q3 2018 and 2 closed out, a net change of +2 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q3 2018 was Shaker Financial Services, an estimated $2.4M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q3 2018 was Parametric Portfolio Associates, an estimated $1.48M sold.
Based on aggregated 13F filings for Q3 2018.