First Trust Enhanced Equity Income Fund
FFA
55 hedge funds and large institutions have $98.6M invested in First Trust Enhanced Equity Income Fund in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 9 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
5% more capital invested
Capital invested by funds: $93.5M → $98.6M (+$5.09M)
0.35% less ownership
Funds ownership: 28.47% → 28.13% (-0.35%)
10% less funds holding
Funds holding: 61 → 55 (-6)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.56M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.02M |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$534K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$507K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$3.38M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$294K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$291K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$246K |
| 5 |
WMA
West Michigan Advisors
Holland,
Michigan
|
-$227K |
FFA Hedge Fund Activity: Q2 2023 in Review
55 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q2 2023, worth a combined $98.6M — up 5.4% from $93.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FFA and 4 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 21 added.
The largest buyer was Wells Fargo, adding an estimated $1.56M. The largest seller was Shaker Financial Services, cutting an estimated $3.38M.
- 55 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q2 2023, down from 61 in Q1 2023.
- Funds reported $98.6M of First Trust Enhanced Equity Income Fund stock for Q2 2023, up 5.4% quarter-over-quarter.
- 4 funds opened new First Trust Enhanced Equity Income Fund positions in Q2 2023 and 9 closed out, a net change of -5 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q2 2023 was Wells Fargo, an estimated $1.56M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q2 2023 was Shaker Financial Services, an estimated $3.38M sold.
Based on aggregated 13F filings for Q2 2023.