First Trust New York Municipal High Income ETF
FMNY
10 hedge funds and large institutions have $9.69M invested in First Trust New York Municipal High Income ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
6.19% less ownership
Funds ownership: 79.15% → 72.96% (-6.2%)
9% less funds holding
Funds holding: 11 → 10 (-1)
17% less capital invested
Capital invested by funds: $11.7M → $9.69M (-$1.97M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$272K |
| 2 |
SFG
Socha Financial Group
Corning,
New York
|
+$43.9K |
| 3 |
BWM
BlackDiamond Wealth Management
New York
|
+$1.95K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$267 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.55M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$310K |
| 3 |
MFG
Magnus Financial Group
New York
|
-$148K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$133K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$37.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFG
1
Magnus Financial Group
New York
| $4.09M | -$148K | -5,559 | -3% |
|
|
2
First Trust Advisors
Wheaton,
Illinois
| $2.13M | -$133K | -5,000 | -6% |
|
|
3
Osaic Holdings
Scottsdale,
Arizona
| $896K | -$37.1K | -1,391 | -4% |
|
|
SFG
4
Socha Financial Group
Corning,
New York
| $701K | +$43.9K | +1,647 | +7% |
|
|
OAJ
5
Ogorek Anthony Joseph
Williamsville,
New York
| $639K | – | – | – |
|
|
6
Jane Street
New York
| $448K | -$1.55M | -58,144 | -78% |
|
|
PTP
7
Platform Technology Partners
New York
| $283K | – | – | – |
|
|
FTUS
8
Flow Traders U.S.
New York
| $271K | +$272K | +10,182 | New |
|
|
BWM
9
BlackDiamond Wealth Management
New York
| $243K | +$1.95K | +73 | +0.8% |
|
|
10
UBS Group
Zurich,
Switzerland
| $531 | +$267 | +10 | +100% |
|
|
11
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$310K | -11,558 | Closed |
|
|
HI
12
Harbour Investments
Madison,
Wisconsin
| – | -$20.8K | -778 | Closed |
|
FMNY Hedge Fund Activity: Q2 2023 in Review
10 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in First Trust New York Municipal High Income ETF (FMNY) for Q2 2023, worth a combined $9.69M — down 17% from $11.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FMNY and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 3 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $272K. The largest seller was Jane Street, cutting an estimated $1.55M.
- 10 institutional investors held First Trust New York Municipal High Income ETF (FMNY) as of Q2 2023, down from 11 in Q1 2023.
- Funds reported $9.69M of First Trust New York Municipal High Income ETF stock for Q2 2023, down 17% quarter-over-quarter.
- 1 fund opened new First Trust New York Municipal High Income ETF positions in Q2 2023 and 2 closed out, a net change of -1 holder.
- The largest First Trust New York Municipal High Income ETF buyer in Q2 2023 was Flow Traders U.S., an estimated $272K added.
- The largest First Trust New York Municipal High Income ETF seller in Q2 2023 was Jane Street, an estimated $1.55M sold.
Based on aggregated 13F filings for Q2 2023.