First Trust New York Municipal High Income ETF
FMNY
13 hedge funds and large institutions have $12.1M invested in First Trust New York Municipal High Income ETF in 2024 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
1% more capital invested
Capital invested by funds: $12.1M → $12.1M (+$61.9K)
0.95% less ownership
Funds ownership: 64.4% → 63.45% (-0.95%)
7% less funds holding
Funds holding: 14 → 13 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$643K |
| 2 |
NGA
Naples Global Advisors
Naples,
Florida
|
+$439K |
| 3 |
JP Morgan Chase
New York
|
+$90.1K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$34K |
| 5 |
MFG
Magnus Financial Group
New York
|
+$17.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$940K |
| 2 |
Corient Private Wealth
Miami,
Florida
|
-$200K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$190K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$63.3K |
| 5 |
SFG
Socha Financial Group
Corning,
New York
|
-$10.6K |
FMNY Hedge Fund Activity: Q3 2024 in Review
13 of the 6,980 institutional investors tracked by Wall St. Rank reported a position in First Trust New York Municipal High Income ETF (FMNY) for Q3 2024, worth a combined $12.1M — up 0.51% from $12.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FMNY and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 6 added.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $643K. The largest seller was Jane Street, exiting entirely with an estimated $940K sold.
- 13 institutional investors held First Trust New York Municipal High Income ETF (FMNY) as of Q3 2024, down from 14 in Q2 2024.
- Funds reported $12.1M of First Trust New York Municipal High Income ETF stock for Q3 2024, up 0.51% quarter-over-quarter.
- 2 funds opened new First Trust New York Municipal High Income ETF positions in Q3 2024 and 3 closed out, a net change of -1 holder.
- The largest First Trust New York Municipal High Income ETF buyer in Q3 2024 was Hennion & Walsh Asset Management, an estimated $643K added.
- The largest First Trust New York Municipal High Income ETF seller in Q3 2024 was Jane Street, an estimated $940K sold.
Based on aggregated 13F filings for Q3 2024.