First Trust Enhanced Equity Income Fund
FFA
54 hedge funds and large institutions have $97.3M invested in First Trust Enhanced Equity Income Fund in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 24 increasing their positions, 16 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 16
0.06% more ownership
Funds ownership: 28.13% → 28.19% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less capital invested
Capital invested by funds: $98.6M → $97.3M (-$1.24M)
2% less funds holding
Funds holding: 55 → 54 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.1M |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$380K |
| 4 |
Comerica Bank
Dallas,
Texas
|
+$306K |
| 5 |
Morgan Stanley
New York
|
+$289K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$2.1M |
| 2 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$549K |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$526K |
| 4 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$131K |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$127K |
FFA Hedge Fund Activity: Q3 2023 in Review
54 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q3 2023, worth a combined $97.3M — down 1.3% from $98.6M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FFA and 1 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 24 added.
The largest buyer was Wells Fargo, adding an estimated $1.1M. The largest seller was Shaker Financial Services, cutting an estimated $2.1M.
- 54 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q3 2023, down from 55 in Q2 2023.
- Funds reported $97.3M of First Trust Enhanced Equity Income Fund stock for Q3 2023, down 1.3% quarter-over-quarter.
- 1 fund opened new First Trust Enhanced Equity Income Fund positions in Q3 2023 and 2 closed out, a net change of -1 holder.
- The largest First Trust Enhanced Equity Income Fund buyer in Q3 2023 was Wells Fargo, an estimated $1.1M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q3 2023 was Shaker Financial Services, an estimated $2.1M sold.
Based on aggregated 13F filings for Q3 2023.