First Trust New York Municipal High Income ETF
FMNY
11 hedge funds and large institutions have $11.7M invested in First Trust New York Municipal High Income ETF in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 0 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
21% more capital invested
Capital invested by funds: $9.65M → $11.7M (+$2.01M)
10% more funds holding
Funds holding: 10 → 11 (+1)
6.18% more ownership
Funds ownership: 72.98% → 79.15% (+6.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.17M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$338K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$309K |
| 4 |
SFG
Socha Financial Group
Corning,
New York
|
+$130K |
| 5 |
BWM
BlackDiamond Wealth Management
New York
|
+$1.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Magnus Financial Group
New York
|
-$60.3K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.41K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFG
1
Magnus Financial Group
New York
| $4.27M | -$60.3K | -2,254 | -1% |
|
2
First Trust Advisors
Wheaton,
Illinois
| $2.28M | – | – | – |
|
|
3
Jane Street
New York
| $2.01M | +$1.17M | +43,699 | +140% |
|
|
4
Osaic Holdings
Scottsdale,
Arizona
| $940K | +$338K | +12,618 | +56% |
|
|
SFG
5
Socha Financial Group
Corning,
New York
| $662K | +$130K | +4,858 | +24% |
|
|
OAJ
6
Ogorek Anthony Joseph
Williamsville,
New York
| $644K | – | – | – |
|
|
7
Bank of Montreal
Toronto,
Ontario, Canada
| $310K | +$309K | +11,558 | New |
|
|
PTP
8
Platform Technology Partners
New York
| $286K | – | – | – |
|
|
BWM
9
BlackDiamond Wealth Management
New York
| $241K | +$1.87K | +70 | +0.8% |
|
|
HI
10
Harbour Investments
Madison,
Wisconsin
| $20.8K | – | – | – |
|
|
11
UBS Group
Zurich,
Switzerland
| $268 | -$2.41K | -90 | -90% |
|
FMNY Hedge Fund Activity: Q1 2023 in Review
11 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in First Trust New York Municipal High Income ETF (FMNY) for Q1 2023, worth a combined $11.7M — up 21% from $9.65M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FMNY positions and 0 closed out — a net gain of 1 holder — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Jane Street, adding an estimated $1.17M. The largest seller was Magnus Financial Group, cutting an estimated $60.3K.
- 11 institutional investors held First Trust New York Municipal High Income ETF (FMNY) as of Q1 2023, up from 10 in Q4 2022.
- Funds reported $11.7M of First Trust New York Municipal High Income ETF stock for Q1 2023, up 21% quarter-over-quarter.
- 1 fund opened new First Trust New York Municipal High Income ETF positions in Q1 2023 and 0 closed out, a net change of +1 holder.
- The largest First Trust New York Municipal High Income ETF buyer in Q1 2023 was Jane Street, an estimated $1.17M added.
- The largest First Trust New York Municipal High Income ETF seller in Q1 2023 was Magnus Financial Group, an estimated $60.3K sold.
Based on aggregated 13F filings for Q1 2023.