First Trust New York Municipal High Income ETF
FMNY
21 hedge funds and large institutions have $18.5M invested in First Trust New York Municipal High Income ETF in 2025 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 0 closing their positions.
50% more funds holding
Funds holding: 14 → 21 (+7)
12% more capital invested
Capital invested by funds: $16.4M → $18.5M (+$2.04M)
11.75% less ownership
Funds ownership: 77.67% → 65.92% (-12%)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.28M |
| 2 |
EWA
Emergent Wealth Advisors
Williamsville,
New York
|
+$407K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$381K |
| 4 |
Goldman Sachs
New York
|
+$331K |
| 5 |
LPL Financial
San Diego,
California
|
+$265K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$521K |
| 2 |
OAJ
Ogorek Anthony Joseph
Williamsville,
New York
|
-$476K |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$419K |
| 4 |
Jane Street
New York
|
-$120K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$31.6K |
FMNY Hedge Fund Activity: Q4 2025 in Review
21 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in First Trust New York Municipal High Income ETF (FMNY) for Q4 2025, worth a combined $18.5M — up 12% from $16.4M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FMNY positions and 0 closed out — a net gain of 7 holders — while 3 added to existing stakes and 7 trimmed.
The largest buyer was Hennion & Walsh Asset Management, adding an estimated $1.28M. The largest seller was Flow Traders U.S., cutting an estimated $521K.
- 21 institutional investors held First Trust New York Municipal High Income ETF (FMNY) as of Q4 2025, up from 14 in Q3 2025.
- Funds reported $18.5M of First Trust New York Municipal High Income ETF stock for Q4 2025, up 12% quarter-over-quarter.
- 7 funds opened new First Trust New York Municipal High Income ETF positions in Q4 2025 and 0 closed out, a net change of +7 holders.
- The largest First Trust New York Municipal High Income ETF buyer in Q4 2025 was Hennion & Walsh Asset Management, an estimated $1.28M added.
- The largest First Trust New York Municipal High Income ETF seller in Q4 2025 was Flow Traders U.S., an estimated $521K sold.
Based on aggregated 13F filings for Q4 2025.