First Trust New York Municipal High Income ETF
FMNY
14 hedge funds and large institutions have $12.1M invested in First Trust New York Municipal High Income ETF in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 2 reducing their positions, and 2 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 2
0% more funds holding
Funds holding: 14 → 14 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
6% less capital invested
Capital invested by funds: $12.9M → $12.1M (-$780K)
8.9% less ownership
Funds ownership: 73.3% → 64.4% (-8.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$194K |
| 2 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$159K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$63.2K |
| 4 |
JP Morgan Chase
New York
|
+$37.7K |
| 5 |
SFG
Socha Financial Group
Corning,
New York
|
+$27.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$936K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$187K |
| 3 |
MFG
Magnus Financial Group
New York
|
-$181K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$175K |
FMNY Hedge Fund Activity: Q2 2024 in Review
14 of the 6,937 institutional investors tracked by Wall St. Rank reported a position in First Trust New York Municipal High Income ETF (FMNY) for Q2 2024, worth a combined $12.1M — down 6.1% from $12.9M a quarter earlier.
Fund positioning in FMNY was balanced in Q2 2024: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 2 trimmed.
The largest buyer was Jane Street, adding an estimated $194K. The largest seller was Flow Traders U.S., exiting entirely with an estimated $936K sold.
- 14 institutional investors held First Trust New York Municipal High Income ETF (FMNY) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $12.1M of First Trust New York Municipal High Income ETF stock for Q2 2024, down 6.1% quarter-over-quarter.
- 2 funds opened new First Trust New York Municipal High Income ETF positions in Q2 2024 and 2 closed out, a net change of 0 holders.
- The largest First Trust New York Municipal High Income ETF buyer in Q2 2024 was Jane Street, an estimated $194K added.
- The largest First Trust New York Municipal High Income ETF seller in Q2 2024 was Flow Traders U.S., an estimated $936K sold.
Based on aggregated 13F filings for Q2 2024.