First Trust Municipal High Income ETF
FMHI
191 hedge funds and large institutions have $728M invested in First Trust Municipal High Income ETF in 2026 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 83 increasing their positions, 58 reducing their positions, and 14 closing their positions.
79% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 14
43% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 58
10% more capital invested
Capital invested by funds: $659M → $728M (+$69.1M)
5% more funds holding
Funds holding: 182 → 191 (+9)
2.58% more ownership
Funds ownership: 70.89% → 73.47% (+2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VT
Vise Technologies
New York
|
+$13.5M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$8.32M |
| 3 |
Jane Street
New York
|
+$5.97M |
| 4 |
FPGK
Financial Partners Group (Kansas)
Overland Park,
Kansas
|
+$5.66M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$5.56M |
| 2 |
ATS
Ashton Thomas Securities
Rochester,
New York
|
-$3.01M |
| 3 |
SF
Summit Financial
Parsippany,
New Jersey
|
-$2.98M |
| 4 |
Citigroup
New York
|
-$2.33M |
| 5 |
CA
Crumly & Associates
Springfield,
Illinois
|
-$2.33M |
FMHI Hedge Fund Activity: Q2 2026 in Review
191 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in First Trust Municipal High Income ETF (FMHI) for Q2 2026, worth a combined $728M — up 10% from $659M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FMHI positions and 14 closed out — a net gain of 11 holders — while 83 added to existing stakes and 58 trimmed.
The largest buyer was Vise Technologies, adding an estimated $13.5M. The largest seller was Goldman Sachs, exiting entirely with an estimated $5.56M sold.
- 191 institutional investors held First Trust Municipal High Income ETF (FMHI) as of Q2 2026, up from 182 in Q1 2026.
- Funds reported $728M of First Trust Municipal High Income ETF stock for Q2 2026, up 10% quarter-over-quarter.
- 25 funds opened new First Trust Municipal High Income ETF positions in Q2 2026 and 14 closed out, a net change of +11 holders.
- The largest First Trust Municipal High Income ETF buyer in Q2 2026 was Vise Technologies, an estimated $13.5M added.
- The largest First Trust Municipal High Income ETF seller in Q2 2026 was Goldman Sachs, an estimated $5.56M sold.
Based on aggregated 13F filings for Q2 2026.