First Trust Enhanced Equity Income Fund
FFA
60 hedge funds and large institutions have $128M invested in First Trust Enhanced Equity Income Fund in 2025 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 8 closing their positions.
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
27% more capital inflows, than outflows
Capital inflows: $8.09M | Capital outflows: $6.39M
0.45% more ownership
Funds ownership: 30.76% → 31.21% (+0.45%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 64 → 60 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.36M |
| 2 |
Shaker Financial Services
Arlington,
Virginia
|
+$1.7M |
| 3 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
+$1.01M |
| 4 |
Wolverine Asset Management
Chicago,
Illinois
|
+$983K |
| 5 |
Exeter Financial
Scottsdale,
Arizona
|
+$487K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.16M |
| 2 |
Guggenheim Capital
Chicago,
Illinois
|
-$1.44M |
| 3 |
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$1.3M |
| 4 |
Karpus Investment Management
Pittsford,
New York
|
-$272K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$207K |
FFA Hedge Fund Activity: Q2 2025 in Review
60 of the 7,625 institutional investors tracked by Wall St. Rank reported a position in First Trust Enhanced Equity Income Fund (FFA) for Q2 2025, worth a combined $128M — up 7.5% from $119M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FFA and 4 opened new positions — a net loss of 4 holders — while 18 trimmed existing stakes and 28 added.
The largest buyer was Morgan Stanley, adding an estimated $2.36M. The largest seller was Wells Fargo, cutting an estimated $2.16M.
- 60 institutional investors held First Trust Enhanced Equity Income Fund (FFA) as of Q2 2025, down from 64 in Q1 2025.
- Funds reported $128M of First Trust Enhanced Equity Income Fund stock for Q2 2025, up 7.5% quarter-over-quarter.
- 4 funds opened new First Trust Enhanced Equity Income Fund positions in Q2 2025 and 8 closed out, a net change of -4 holders.
- The largest First Trust Enhanced Equity Income Fund buyer in Q2 2025 was Morgan Stanley, an estimated $2.36M added.
- The largest First Trust Enhanced Equity Income Fund seller in Q2 2025 was Wells Fargo, an estimated $2.16M sold.
Based on aggregated 13F filings for Q2 2025.