First Trust Enhanced Equity Income Fund
FFA
62 hedge funds and large institutions have $118M invested in First Trust Enhanced Equity Income Fund in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 24 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
41% more capital inflows, than outflows
Capital inflows: $5.96M | Capital outflows: $4.23M
13% more funds holding
Funds holding: 55 → 62 (+7)
0.32% more ownership
Funds ownership: 29.24% → 29.55% (+0.32%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
33% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Guggenheim Capital
Chicago,
Illinois
|
+$797K |
| 2 |
Morgan Stanley
New York
|
+$693K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$638K |
| 4 |
Atomi Financial Group
New York
|
+$363K |
| 5 |
West Michigan Advisors
Holland,
Michigan
|
+$268K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Shaker Financial Services
Arlington,
Virginia
|
-$953K |
| 2 |
Raymond James & Associates
St Petersburg,
Florida
|
-$540K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$532K |
| 4 |
Spire Wealth Management
Mclean,
Virginia
|
-$529K |
| 5 |
Rockefeller Capital Management
New York
|
-$231K |
FFA Hedge Fund Activity: Q2 2024 in Review
62 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q2 2024, worth a combined $118M — up 6.7% from $110M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FFA positions and 5 closed out — a net gain of 8 holders — while 16 added to existing stakes and 24 trimmed.
The largest buyer was Guggenheim Capital, adding an estimated $797K. The largest seller was Shaker Financial Services, cutting an estimated $953K.
- 62 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q2 2024, up from 55 in Q1 2024.
- Funds reported $118M of First Trust Enhanced Equity Income Fund stock for Q2 2024, up 6.7% quarter-over-quarter.
- 13 funds opened new First Trust Enhanced Equity Income Fund positions in Q2 2024 and 5 closed out, a net change of +8 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q2 2024 was Guggenheim Capital, an estimated $797K added.
- The largest First Trust Enhanced Equity Income Fund seller in Q2 2024 was Shaker Financial Services, an estimated $953K sold.
Based on aggregated 13F filings for Q2 2024.