First Trust Enhanced Equity Income Fund
FFA
64 hedge funds and large institutions have $130M invested in First Trust Enhanced Equity Income Fund in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 27 increasing their positions, 15 reducing their positions, and 4 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 15
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
10% more capital invested
Capital invested by funds: $118M → $130M (+$12.3M)
3% more funds holding
Funds holding: 62 → 64 (+2)
1.38% more ownership
Funds ownership: 29.55% → 30.93% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$4.1M |
| 2 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$2.08M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$668K |
| 4 |
LPL Financial
San Diego,
California
|
+$322K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$242K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$826K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$619K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$557K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$402K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$228K |
FFA Hedge Fund Activity: Q3 2024 in Review
64 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q3 2024, worth a combined $130M — up 10% from $118M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FFA positions and 4 closed out — a net gain of 3 holders — while 27 added to existing stakes and 15 trimmed.
The largest buyer was International Assets Investment Management, adding an estimated $4.1M. The largest seller was Shaker Financial Services, cutting an estimated $826K.
- 64 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q3 2024, up from 62 in Q2 2024.
- Funds reported $130M of First Trust Enhanced Equity Income Fund stock for Q3 2024, up 10% quarter-over-quarter.
- 7 funds opened new First Trust Enhanced Equity Income Fund positions in Q3 2024 and 4 closed out, a net change of +3 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q3 2024 was International Assets Investment Management, an estimated $4.1M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q3 2024 was Shaker Financial Services, an estimated $826K sold.
Based on aggregated 13F filings for Q3 2024.