First Trust New York Municipal High Income ETF
FMNY
7 hedge funds and large institutions have $8.22M invested in First Trust New York Municipal High Income ETF in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
8.35% less ownership
Funds ownership: 72.96% → 64.61% (-8.4%)
15% less capital invested
Capital invested by funds: $9.69M → $8.22M (-$1.47M)
30% less funds holding
Funds holding: 10 → 7 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$95.9K |
| 2 |
JP Morgan Chase
New York
|
+$3.05K |
| 3 |
SFG
Socha Financial Group
Corning,
New York
|
+$1.37K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$448K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$271K |
| 3 |
BWM
BlackDiamond Wealth Management
New York
|
-$243K |
| 4 |
OAJ
Ogorek Anthony Joseph
Williamsville,
New York
|
-$131K |
| 5 |
MFG
Magnus Financial Group
New York
|
-$117K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFG
1
Magnus Financial Group
New York
| $3.8M | -$117K | -4,453 | -3% |
|
2
First Trust Advisors
Wheaton,
Illinois
| $2.04M | – | – | – |
|
|
3
Osaic Holdings
Scottsdale,
Arizona
| $951K | +$95.9K | +3,649 | +11% |
|
|
SFG
4
Socha Financial Group
Corning,
New York
| $673K | +$1.37K | +52 | +0.2% |
|
|
OAJ
5
Ogorek Anthony Joseph
Williamsville,
New York
| $485K | -$131K | -4,980 | -21% |
|
|
PTP
6
Platform Technology Partners
New York
| $271K | – | – | – |
|
|
7
JP Morgan Chase
New York
| $2.95K | +$3.05K | +116 | New |
|
|
8
Jane Street
New York
| – | -$448K | -16,871 | Closed |
|
|
FTUS
9
Flow Traders U.S.
New York
| – | -$271K | -10,182 | Closed |
|
|
BWM
10
BlackDiamond Wealth Management
New York
| – | -$243K | -9,081 | Closed |
|
11
UBS Group
Zurich,
Switzerland
| – | -$531 | -20 | Closed |
|
FMNY Hedge Fund Activity: Q3 2023 in Review
7 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in First Trust New York Municipal High Income ETF (FMNY) for Q3 2023, worth a combined $8.22M — down 15% from $9.69M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FMNY and 1 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Osaic Holdings, adding an estimated $95.9K. The largest seller was Jane Street, exiting entirely with an estimated $448K sold.
- 7 institutional investors held First Trust New York Municipal High Income ETF (FMNY) as of Q3 2023, down from 10 in Q2 2023.
- Funds reported $8.22M of First Trust New York Municipal High Income ETF stock for Q3 2023, down 15% quarter-over-quarter.
- 1 fund opened new First Trust New York Municipal High Income ETF positions in Q3 2023 and 4 closed out, a net change of -3 holders.
- The largest First Trust New York Municipal High Income ETF buyer in Q3 2023 was Osaic Holdings, an estimated $95.9K added.
- The largest First Trust New York Municipal High Income ETF seller in Q3 2023 was Jane Street, an estimated $448K sold.
Based on aggregated 13F filings for Q3 2023.