First Trust New York Municipal High Income ETF
FMNY
14 hedge funds and large institutions have $12.9M invested in First Trust New York Municipal High Income ETF in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
27% more funds holding
Funds holding: 11 → 14 (+3)
8% more capital invested
Capital invested by funds: $11.9M → $12.9M (+$917K)
0.04% less ownership
Funds ownership: 73.34% → 73.3% (-0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$938K |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$724K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$305K |
| 4 |
BFG
Bouchey Financial Group
Troy,
New York
|
+$210K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$876K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$176K |
| 3 |
MFG
Magnus Financial Group
New York
|
-$67.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFG
1
Magnus Financial Group
New York
| $4.53M | -$67.7K | -2,505 | -1% |
|
|
2
First Trust Advisors
Wheaton,
Illinois
| $1.84M | -$176K | -6,500 | -9% |
|
|
HWAM
3
Hennion & Walsh Asset Management
Parsippany,
New Jersey
| $1.17M | +$724K | +26,765 | +162% |
|
4
Osaic Holdings
Scottsdale,
Arizona
| $982K | +$34.1K | +1,263 | +4% |
|
|
FTUS
5
Flow Traders U.S.
New York
| $936K | +$938K | +34,700 | New |
|
|
6
HighTower Advisors
Chicago,
Illinois
| $844K | +$305K | +11,296 | +56% |
|
|
7
Jane Street
New York
| $752K | -$876K | -32,399 | -54% |
|
|
SFG
8
Socha Financial Group
Corning,
New York
| $748K | +$5.95K | +220 | +0.8% |
|
|
OAJ
9
Ogorek Anthony Joseph
Williamsville,
New York
| $460K | +$1.3K | +48 | +0.3% |
|
|
BFG
10
Bouchey Financial Group
Troy,
New York
| $210K | +$210K | +7,770 | New |
|
11
Corient Private Wealth
Miami,
Florida
| $202K | – | – | – |
|
|
12
Bank of Montreal
Toronto,
Ontario, Canada
| $175K | +$174K | +6,424 | New |
|
13
JP Morgan Chase
New York
| $11.3K | – | – | – |
|
14
Morgan Stanley
New York
| $28 | +$27 | +1 | New |
|
FMNY Hedge Fund Activity: Q1 2024 in Review
14 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in First Trust New York Municipal High Income ETF (FMNY) for Q1 2024, worth a combined $12.9M — up 7.7% from $11.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FMNY positions and 0 closed out — a net gain of 4 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $938K. The largest seller was Jane Street, cutting an estimated $876K.
- 14 institutional investors held First Trust New York Municipal High Income ETF (FMNY) as of Q1 2024, up from 11 in Q4 2023.
- Funds reported $12.9M of First Trust New York Municipal High Income ETF stock for Q1 2024, up 7.7% quarter-over-quarter.
- 4 funds opened new First Trust New York Municipal High Income ETF positions in Q1 2024 and 0 closed out, a net change of +4 holders.
- The largest First Trust New York Municipal High Income ETF buyer in Q1 2024 was Flow Traders U.S., an estimated $938K added.
- The largest First Trust New York Municipal High Income ETF seller in Q1 2024 was Jane Street, an estimated $876K sold.
Based on aggregated 13F filings for Q1 2024.