First Trust New York Municipal High Income ETF
FMNY
7 hedge funds and large institutions have $12.3M invested in First Trust New York Municipal High Income ETF in 2021 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
11.58% less ownership
Funds ownership: 93.45% → 81.87% (-12%)
13% less capital invested
Capital invested by funds: $14.2M → $12.3M (-$1.9M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$3.66M |
| 2 |
Jane Street
New York
|
+$1.54M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$119K |
| 4 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$89.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.03M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.56M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.51M |
| 4 |
Citigroup
New York
|
-$759K |
| 5 |
JP Morgan Chase
New York
|
-$287K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
1
Flow Traders U.S.
New York
| $3.61M | +$3.66M | +120,395 | New |
|
|
2
JP Morgan Chase
New York
| $2.71M | -$287K | -9,442 | -9% |
|
|
3
Citigroup
New York
| $2.25M | -$759K | -25,000 | -25% |
|
|
4
Jane Street
New York
| $1.51M | +$1.54M | +50,573 | New |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.46M | -$1.56M | -51,262 | -51% |
|
|
KAS
6
Kestra Advisory Services
Austin,
Texas
| $406K | +$119K | +3,910 | +41% |
|
|
APA
7
American Portfolios Advisors
Holbrook,
New York
| $316K | +$89.4K | +2,942 | +39% |
|
|
8
Bank of America
Charlotte,
North Carolina
| – | -$3.03M | -100,000 | Closed |
|
|
CS
9
Credit Suisse
Zurich,
Switzerland
| – | -$1.51M | -50,000 | Closed |
|
FMNY Hedge Fund Activity: Q3 2021 in Review
7 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in First Trust New York Municipal High Income ETF (FMNY) for Q3 2021, worth a combined $12.3M — down 13% from $14.2M a quarter earlier.
Fund positioning in FMNY was balanced in Q3 2021: 2 funds opened new positions, 2 closed out, 2 added to existing stakes and 3 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $3.66M. The largest seller was Bank of America, exiting entirely with an estimated $3.03M sold.
- 7 institutional investors held First Trust New York Municipal High Income ETF (FMNY) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $12.3M of First Trust New York Municipal High Income ETF stock for Q3 2021, down 13% quarter-over-quarter.
- 2 funds opened new First Trust New York Municipal High Income ETF positions in Q3 2021 and 2 closed out, a net change of 0 holders.
- The largest First Trust New York Municipal High Income ETF buyer in Q3 2021 was Flow Traders U.S., an estimated $3.66M added.
- The largest First Trust New York Municipal High Income ETF seller in Q3 2021 was Bank of America, an estimated $3.03M sold.
Based on aggregated 13F filings for Q3 2021.