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FFA

First Trust Enhanced Equity Income Fund

54 hedge funds and large institutions have $115M invested in First Trust Enhanced Equity Income Fund in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 14 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

50% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 14

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

0.43% less ownership

Funds ownership: 28.78%28.35% (-0.43%)

4% less funds holding

Funds holding: 5654 (-2)

6% less capital invested

Capital invested by funds: $122M → $115M (-$7.58M)

Holders
54
Holders Change
-2
Holders Change %
-3.57%
% of All Funds
0.85%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
7
Increased
21
Reduced
14
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$28.5M +$597K +29,477 +2%
EF
2
Exeter Financial
Arizona
$9.43M +$327K +16,137 +4%
RJA
3
Raymond James & Associates
Florida
$8.15M +$5.85K +289 +0.1%
Invesco
4
Invesco
Georgia
$6.96M -$1.41M -69,790 -17%
GC
5
Guggenheim Capital
Illinois
$6.64M -$839K -41,412 -11%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$6.37M +$48.8K +2,408 +0.8%
Wells Fargo
7
Wells Fargo
California
$6.11M +$623K +30,752 +11%
UBS Group
8
UBS Group
Switzerland
$5.84M -$453K -22,359 -7%
AAM
9
Advisors Asset Management
Colorado
$5.69M +$273K +13,459 +5%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$5.68M -$242K -11,938 -4%
NSIM
11
North Star Investment Management
Illinois
$4.15M -$45.2K -2,230 -1%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$2.88M +$831K +41,037 +41%
OWA
13
Opal Wealth Advisors
New York
$1.8M -$126K -6,232 -7%
Rockefeller Capital Management
14
Rockefeller Capital Management
New York
$1.5M +$1.21M +59,790 +422%
EDRIA
15
Edmonds Duncan Registered Investment Advisors
Kansas
$1.47M +$26.4K +1,303 +2%
Osaic Holdings
16
Osaic Holdings
Arizona
$1.39M -$587K -28,966 -29%
9WM
17
9258 Wealth Management
Ohio
$1.3M +$3.28K +162 +0.3%
SWM
18
Spire Wealth Management
Virginia
$1.11M +$15.1K +743 +1%
Ameriprise
19
Ameriprise
Minnesota
$1.09M -$77.9K -3,848 -7%
LPL Financial
20
LPL Financial
California
$909K +$11.3K +558 +1%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$769K -$53.1K -2,622 -6%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$747K +$104K +5,153 +16%
SPIA
23
Steward Partners Investment Advisory
New York
$728K +$88.2K +4,355 +14%
5L
24
55I LLC
Massachusetts
$564K -$1.28K -63 -0.2%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$420K -$18.2K -898 -4%

FFA Hedge Fund Activity: Q1 2022 in Review

54 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q1 2022, worth a combined $115M — down 6.2% from $122M a quarter earlier.

Fund positioning in FFA was balanced in Q1 2022: 7 funds opened new positions, 7 closed out, 21 added to existing stakes and 14 trimmed.

The largest buyer was Rockefeller Capital Management, adding an estimated $1.21M. The largest seller was Shaker Financial Services, exiting entirely with an estimated $2.25M sold.

  • 54 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q1 2022, down from 56 in Q4 2021.
  • Funds reported $115M of First Trust Enhanced Equity Income Fund stock for Q1 2022, down 6.2% quarter-over-quarter.
  • 7 funds opened new First Trust Enhanced Equity Income Fund positions in Q1 2022 and 7 closed out, a net change of 0 holders.
  • The largest First Trust Enhanced Equity Income Fund buyer in Q1 2022 was Rockefeller Capital Management, an estimated $1.21M added.
  • The largest First Trust Enhanced Equity Income Fund seller in Q1 2022 was Shaker Financial Services, an estimated $2.25M sold.

Based on aggregated 13F filings for Q1 2022.