First Trust New York Municipal High Income ETF
FMNY
11 hedge funds and large institutions have $11.9M invested in First Trust New York Municipal High Income ETF in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 0 closing their positions.
57% more funds holding
Funds holding: 7 → 11 (+4)
45% more capital invested
Capital invested by funds: $8.22M → $11.9M (+$3.72M)
8.73% more ownership
Funds ownership: 64.61% → 73.34% (+8.7%)
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.57M |
| 2 |
MFG
Magnus Financial Group
New York
|
+$550K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$520K |
| 4 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$430K |
| 5 |
Corient Private Wealth
Miami,
Florida
|
+$194K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$143K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$57.3K |
| 3 |
OAJ
Ogorek Anthony Joseph
Williamsville,
New York
|
-$54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFG
1
Magnus Financial Group
New York
| $4.63M | +$550K | +21,142 | +14% |
|
|
2
First Trust Advisors
Wheaton,
Illinois
| $2.02M | -$143K | -5,500 | -7% |
|
|
3
Jane Street
New York
| $1.64M | +$1.57M | +60,255 | New |
|
|
4
Osaic Holdings
Scottsdale,
Arizona
| $954K | -$57.3K | -2,205 | -6% |
|
|
SFG
5
Socha Financial Group
Corning,
New York
| $746K | +$27.8K | +1,069 | +4% |
|
|
6
HighTower Advisors
Chicago,
Illinois
| $543K | +$520K | +20,000 | New |
|
|
OAJ
7
Ogorek Anthony Joseph
Williamsville,
New York
| $461K | -$54K | -2,076 | -11% |
|
|
HWAM
8
Hennion & Walsh Asset Management
Parsippany,
New Jersey
| $449K | +$430K | +16,538 | New |
|
|
PTP
9
Platform Technology Partners
New York
| $288K | – | – | – |
|
|
10
Corient Private Wealth
Miami,
Florida
| $203K | +$194K | +7,476 | New |
|
11
JP Morgan Chase
New York
| $11.4K | +$7.9K | +304 | +262% |
|
FMNY Hedge Fund Activity: Q4 2023 in Review
11 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in First Trust New York Municipal High Income ETF (FMNY) for Q4 2023, worth a combined $11.9M — up 45% from $8.22M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FMNY positions and 0 closed out — a net gain of 4 holders — while 3 added to existing stakes and 3 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $1.57M. The largest seller was First Trust Advisors, cutting an estimated $143K.
- 11 institutional investors held First Trust New York Municipal High Income ETF (FMNY) as of Q4 2023, up from 7 in Q3 2023.
- Funds reported $11.9M of First Trust New York Municipal High Income ETF stock for Q4 2023, up 45% quarter-over-quarter.
- 4 funds opened new First Trust New York Municipal High Income ETF positions in Q4 2023 and 0 closed out, a net change of +4 holders.
- The largest First Trust New York Municipal High Income ETF buyer in Q4 2023 was Jane Street, an estimated $1.57M added.
- The largest First Trust New York Municipal High Income ETF seller in Q4 2023 was First Trust Advisors, an estimated $143K sold.
Based on aggregated 13F filings for Q4 2023.