First Trust New York Municipal High Income ETF
FMNY
12 hedge funds and large institutions have $12M invested in First Trust New York Municipal High Income ETF in 2025 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 3 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
4% less capital invested
Capital invested by funds: $12.5M → $12M (-$512K)
1.74% less ownership
Funds ownership: 62.52% → 60.78% (-1.7%)
14% less funds holding
Funds holding: 14 → 12 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$473K |
| 2 |
Jane Street
New York
|
+$391K |
| 3 |
MFG
Magnus Financial Group
New York
|
+$47.5K |
| 4 |
PTP
Platform Technology Partners
New York
|
+$46.7K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$7.83K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$422K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$260K |
| 3 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$202K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$200K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$121K |
FMNY Hedge Fund Activity: Q1 2025 in Review
12 of the 7,473 institutional investors tracked by Wall St. Rank reported a position in First Trust New York Municipal High Income ETF (FMNY) for Q1 2025, worth a combined $12M — down 4.1% from $12.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FMNY and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $473K. The largest seller was Flow Traders U.S., exiting entirely with an estimated $422K sold.
- 12 institutional investors held First Trust New York Municipal High Income ETF (FMNY) as of Q1 2025, down from 14 in Q4 2024.
- Funds reported $12M of First Trust New York Municipal High Income ETF stock for Q1 2025, down 4.1% quarter-over-quarter.
- 1 fund opened new First Trust New York Municipal High Income ETF positions in Q1 2025 and 3 closed out, a net change of -2 holders.
- The largest First Trust New York Municipal High Income ETF buyer in Q1 2025 was Hennion & Walsh Asset Management, an estimated $473K added.
- The largest First Trust New York Municipal High Income ETF seller in Q1 2025 was Flow Traders U.S., an estimated $422K sold.
Based on aggregated 13F filings for Q1 2025.