First Trust Mortgage Income Fund
FMY
16 hedge funds and large institutions have $29.7M invested in First Trust Mortgage Income Fund in 2026 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 0 closing their positions.
33% more funds holding
Funds holding: 12 → 16 (+4)
0.42% more ownership
Funds ownership: 59.46% → 59.88% (+0.42%)
2% less capital invested
Capital invested by funds: $30.4M → $29.7M (-$748K)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
+$160K |
| 2 |
LSC
Logan Stone Capital
Chicago,
Illinois
|
+$144K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$137K |
| 4 |
NWMP
Noble Wealth Management PBC
Greenwood Village,
Colorado
|
+$111K |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$9.88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$168K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$113K |
| 3 |
Morgan Stanley
New York
|
-$38.6K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$25.4K |
| 5 |
Jones Financial Companies
Des Peres,
Missouri
|
-$21.2K |
FMY Hedge Fund Activity: Q1 2026 in Review
16 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q1 2026, worth a combined $29.7M — down 2.5% from $30.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FMY positions and 0 closed out — a net gain of 4 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Narwhal Capital Management, opening a new position worth an estimated $160K. The largest seller was Sit Investment Associates, cutting an estimated $168K.
- 16 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q1 2026, up from 12 in Q4 2025.
- Funds reported $29.7M of First Trust Mortgage Income Fund stock for Q1 2026, down 2.5% quarter-over-quarter.
- 4 funds opened new First Trust Mortgage Income Fund positions in Q1 2026 and 0 closed out, a net change of +4 holders.
- The largest First Trust Mortgage Income Fund buyer in Q1 2026 was Narwhal Capital Management, an estimated $160K added.
- The largest First Trust Mortgage Income Fund seller in Q1 2026 was Sit Investment Associates, an estimated $168K sold.
Based on aggregated 13F filings for Q1 2026.