FIRST TR ENHANCED EQUITY INC FFA
COM · Closed-End Fund · CUSIP 337318109
55
institutional holders
-5 vs Q1 2023
5.6m
shares reported held*
$98.6mreported value*
4 new
22 added
16 reduced
9 sold out
net sold ≈ $1.1m (-62.8k shares)
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $17.53.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 57 |
| Q4 2022 | 59 |
| Q1 2023 | 60 |
| Q2 2023 | 55 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 29 | 26 |
| Q1 2023 | 29 | 23 |
| Q2 2023 | 26 | 25 |
Biggest buyers
| WELLS FARGO & COMPANY/MN | Added | +92.2k |
| GUGGENHEIM CAPITAL LLC | Added | +60.6k |
| Karpus Management, Inc. | Added | +31.6k |
| Cornerstone Advisors, LLC | New | +30.0k |
| STIFEL FINANCIAL CORP | New | +10.9k |
| MORGAN STANLEY | Added | +10.1k |
| Cambridge Investment Research Advisors, Inc. | Added | +9.2k |
| RAYMOND JAMES TRUST N.A. | Added | +7.0k |
| LPL Financial LLC | Added | +4.7k |
| PNC Financial Services Group, Inc. | Added | +4.6k |
Biggest sellers
| Shaker Financial Services, LLC | Reduced | -199.9k |
| Invesco Ltd. | Reduced | -17.4k |
| UBS Group AG | Reduced | -17.2k |
| Advisors Asset Management, Inc. | Reduced | -14.5k |
| WEST MICHIGAN ADVISORS, LLC | Sold out | -13.7k |
| DOLIVER ADVISORS, LP | Sold out | -12.3k |
| Raymond James Financial Services Advisors, Inc. | Reduced | -11.3k |
| Integrated Wealth Concepts LLC | Reduced | -10.4k |
| NorthCoast Asset Management LLC | Sold out | -10.0k |
| RAYMOND JAMES & ASSOCIATES | Reduced | -9.4k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| MORGAN STANLEY 13G · institution filed 2025-08-05 | 8.5% |
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
BuyingSelling
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 0 | — | — |
| Q1 2022 | 1 | $14.8k | 0 | — | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 0 | — | 0 | — | — |
None reported in Q2 2023.
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 1.5m $25.4m | Added +10.1k |
| ALKEME WEALTH, LLC 4.78% of their portfolio | 528.7k $9.3m | Added +2.4k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 500.1k $8.8m | Added +92.2k |
| Karpus Management, Inc. 0.17% of their portfolio | 313.7k $5.5m | Added +31.6k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 271.6k $4.8m | Added +547 |
| UBS Group AG 0.00% of their portfolio | 267.5k $4.7m | Reduced -17.2k |
| Invesco Ltd. 0.00% of their portfolio | 252.2k $4.4m | Reduced -17.4k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 245.1k $4.3m | Reduced -9.4k |
| Advisors Asset Management, Inc. 0.08% of their portfolio | 226.7k $4.0m | Reduced -14.5k |
| North Star Investment Management Corp. 0.29% of their portfolio | 206.3k $3.6m | Added +2.1k |
| GUGGENHEIM CAPITAL LLC 0.03% of their portfolio | 204.3k $3.6m | Added +60.6k |
| Shaker Financial Services, LLC 1.17% of their portfolio | 152.8k $2.7m | Reduced -199.9k |
| Integrated Wealth Concepts LLC 0.03% of their portfolio | 98.8k $1.7m | Reduced -10.4k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 75.2k $1.3m | Reduced -11.3k |
| Edmonds Duncan Registered Investment Advisors, LLC 0.37% of their portfolio | 70.3k $1.2m | Reduced -1.1k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 67.8k $1.2m | Reduced -2.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 64.0k $1.1m | Reduced -523 |
| LPL Financial LLC 0.00% of their portfolio | 56.1k $983.7k | Added +4.7k |
| 9258 Wealth Management, LLC 0.16% of their portfolio | 49.6k $870.2k | Reduced -4.9k |
| Opal Wealth Advisors, LLC 0.33% of their portfolio | 37.8k $662.0k | Reduced -709 |
| Steward Partners Investment Advisory, LLC 0.01% of their portfolio | 37.1k $649.6k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 36.6k $641.0k | Added +1.1k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 36.4k $637.3k | Reduced -293 |
| Cornerstone Advisors, LLC 0.03% of their portfolio | 30.0k $525.6k | New |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 29.5k $517.0k | Added +174 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 28.0k $490.0k | Added +9.2k |
| Spire Wealth Management 0.02% of their portfolio | 27.9k $489.8k | Added +50 |
| Centurion Wealth Management LLC 0.24% of their portfolio | 27.9k $489.8k | Added +50 |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 26.7k $468.8k | Added +453 |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 24.7k $432.0k | Added +7.0k |
| HighTower Advisors, LLC 0.00% of their portfolio | 19.0k $331.0k | Added +131 |
| KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio | 17.1k $300.2k | Added +47 |
| Aurora Private Wealth, Inc. 0.30% of their portfolio | 14.9k $261.0k | Added +277 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 14.6k $255.1k | Added +353 |
| Buttonwood Financial Advisors Inc. 0.15% of their portfolio | 13.8k $241.4k | Reduced -431 |
| Atria Wealth Solutions, Inc. 0.00% of their portfolio | 13.3k $233.7k | Unchanged |
| Focus Partners Advisor Solutions, LLC 0.01% of their portfolio | 13.0k $227.9k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 12.2k $214.6k | Added +4.6k |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 12.2k $213.5k | First filing |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 10.9k $190.4k | New |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.01% of their portfolio | 10.9k $190.0k | Reduced -279 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 10.8k $189.1k | Reduced -847 |
| CWM, LLC 0.00% of their portfolio | 6.4k $113.0k | Unchanged |
| IFP Advisors, Inc 0.00% of their portfolio | 1.9k $32.0k | Added +968 |
| Beacon Capital Management, LLC 0.01% of their portfolio | 1.9k $33.0k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 1.3k $22.1k | New |
| FinTrust Capital Advisors, LLC 0.00% of their portfolio | 1.0k $15.9k | Unchanged |
| TILIA FIDUCIARY PARTNERS, INC. 0.02% of their portfolio | 1.0k $17.5k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 825 $14.5k | Unchanged |
| GPS Wealth Strategies Group, LLC 0.00% of their portfolio | 677 $11.9k | Added +11 |
| AdvisorNet Financial, Inc 0.00% of their portfolio | 600 $10.5k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 232 $4.1k | Unchanged |
| Key Financial Inc 0.00% of their portfolio | 218 $3.8k | Unchanged |
| CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.00% of their portfolio | 185 $3.2k | Unchanged |
| Coppell Advisory Solutions LLC 0.00% of their portfolio | 117 $2.0k | New |