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FFA

First Trust Enhanced Equity Income Fund

44 hedge funds and large institutions have $88.5M invested in First Trust Enhanced Equity Income Fund in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

89% more repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 9

7% more funds holding

Funds holding: 4144 (+3)

0.19% more ownership

Funds ownership: 27.78%27.98% (+0.19%)

0% less capital invested

Capital invested by funds: $88.7M → $88.5M (-$273K)

Holders
44
Holders Change
+3
Holders Change %
+7.32%
% of All Funds
0.96%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
6
Increased
17
Reduced
9
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$19.3M +$292K +18,314 +2%
GC
2
Guggenheim Capital
Illinois
$11.2M +$548K +34,385 +5%
RJA
3
Raymond James & Associates
Florida
$9.33M +$445K +27,945 +5%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$8.6M +$123K +7,715 +1%
EF
5
Exeter Financial
Arizona
$4.8M -$99.8K -6,264 -2%
Invesco
6
Invesco
Georgia
$4.58M -$652K -40,920 -12%
Wells Fargo
7
Wells Fargo
California
$4.16M -$119K -7,484 -3%
AAM
8
Advisors Asset Management
Colorado
$3.97M -$217K -13,596 -5%
NSIM
9
North Star Investment Management
Illinois
$3.95M +$7.72K +485 +0.2%
UBS Group
10
UBS Group
Switzerland
$3.53M +$155K +9,718 +5%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$3.44M +$117K +7,372 +4%
SMG
12
Smart Money Group
Texas
$2.7M -$59.5K -3,737 -2%
EDRIA
13
Edmonds Duncan Registered Investment Advisors
Kansas
$2.07M +$86.8K +5,453 +4%
9WM
14
9258 Wealth Management
Ohio
$1.31M -$10K -630 -0.8%
AG
15
Advisor Group
Arizona
$937K +$63.4K +3,983 +7%
Ameriprise
16
Ameriprise
Minnesota
$918K -$51.6K -3,243 -5%
LPL Financial
17
LPL Financial
California
$562K +$52.6K +3,301 +10%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$449K -$3.04K -191 -0.7%
RJT
19
Raymond James Trust
Florida
$401K +$36.6K +2,300 +10%
LWAC
20
Laurel Wealth Advisors (California)
California
$271K +$272K +17,108 New
APA
21
American Portfolios Advisors
New York
$270K
VCM
22
Virtue Capital Management
Tennessee
$240K +$62K +3,891 +35%
CA
23
Cetera Advisors
Colorado
$221K +$3.84K +241 +2%
BFEC
24
Benjamin F. Edwards & Company
Missouri
$220K -$1.34K -84 -0.6%
IFWM
25
Institute for Wealth Management
Colorado
$191K

FFA Hedge Fund Activity: Q3 2019 in Review

44 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q3 2019, worth a combined $88.5M — down 0.31% from $88.7M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new FFA positions and 3 closed out — a net gain of 3 holders — while 17 added to existing stakes and 9 trimmed.

The largest buyer was Guggenheim Capital, adding an estimated $548K. The largest seller was Invesco, cutting an estimated $652K.

  • 44 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q3 2019, up from 41 in Q2 2019.
  • Funds reported $88.5M of First Trust Enhanced Equity Income Fund stock for Q3 2019, down 0.31% quarter-over-quarter.
  • 6 funds opened new First Trust Enhanced Equity Income Fund positions in Q3 2019 and 3 closed out, a net change of +3 holders.
  • The largest First Trust Enhanced Equity Income Fund buyer in Q3 2019 was Guggenheim Capital, an estimated $548K added.
  • The largest First Trust Enhanced Equity Income Fund seller in Q3 2019 was Invesco, an estimated $652K sold.

Based on aggregated 13F filings for Q3 2019.