First Trust New York Municipal High Income ETF
FMNY
21 hedge funds and large institutions have $24.6M invested in First Trust New York Municipal High Income ETF in 2026 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
33% more capital invested
Capital invested by funds: $18.5M → $24.6M (+$6.09M)
14.91% more ownership
Funds ownership: 65.92% → 80.83% (+15%)
0% more funds holding
Funds holding: 21 → 21 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FZCM
Flynn Zito Capital Management
Garden City,
New York
|
+$4.1M |
| 2 |
MFG
Magnus Financial Group
New York
|
+$977K |
| 3 |
Jane Street
New York
|
+$768K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$740K |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$659K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$645K |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$412K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$235K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$181K |
| 5 |
EWA
Emergent Wealth Advisors
Williamsville,
New York
|
-$99.4K |
FMNY Hedge Fund Activity: Q1 2026 in Review
21 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in First Trust New York Municipal High Income ETF (FMNY) for Q1 2026, worth a combined $24.6M — up 33% from $18.5M a quarter earlier.
Fund positioning in FMNY was balanced in Q1 2026: 3 funds opened new positions, 3 closed out, 8 added to existing stakes and 4 trimmed.
The largest buyer was Flynn Zito Capital Management, opening a new position worth an estimated $4.1M. The largest seller was Flow Traders U.S., cutting an estimated $645K.
- 21 institutional investors held First Trust New York Municipal High Income ETF (FMNY) as of Q1 2026, unchanged from Q4 2025.
- Funds reported $24.6M of First Trust New York Municipal High Income ETF stock for Q1 2026, up 33% quarter-over-quarter.
- 3 funds opened new First Trust New York Municipal High Income ETF positions in Q1 2026 and 3 closed out, a net change of 0 holders.
- The largest First Trust New York Municipal High Income ETF buyer in Q1 2026 was Flynn Zito Capital Management, an estimated $4.1M added.
- The largest First Trust New York Municipal High Income ETF seller in Q1 2026 was Flow Traders U.S., an estimated $645K sold.
Based on aggregated 13F filings for Q1 2026.