First Trust Mortgage Income Fund
21 hedge funds and large institutions have $33.3M invested in First Trust Mortgage Income Fund in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 0 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
11% more funds holding
Funds holding: 19 → 21 (+2)
1% more capital invested
Capital invested by funds: $33.1M → $33.3M (+$279K)
0.52% more ownership
Funds ownership: 52.79% → 53.31% (+0.52%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$971K |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$254K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$59.2K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$26K |
| 5 |
Morgan Stanley
New York
|
+$17.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$368K |
| 2 |
SCM
Saba Capital Management
New York
|
-$346K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$206K |
| 4 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$110K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$13.3K |
FMY Hedge Fund Activity: Q1 2015 in Review
21 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q1 2015, worth a combined $33.3M — up 0.84% from $33.1M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FMY positions and 0 closed out — a net gain of 2 holders — while 8 added to existing stakes and 5 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $971K. The largest seller was Sit Investment Associates, cutting an estimated $368K.
- 21 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q1 2015, up from 19 in Q4 2014.
- Funds reported $33.3M of First Trust Mortgage Income Fund stock for Q1 2015, up 0.84% quarter-over-quarter.
- 2 funds opened new First Trust Mortgage Income Fund positions in Q1 2015 and 0 closed out, a net change of +2 holders.
- The largest First Trust Mortgage Income Fund buyer in Q1 2015 was Raymond James Financial Services Advisors, an estimated $971K added.
- The largest First Trust Mortgage Income Fund seller in Q1 2015 was Sit Investment Associates, an estimated $368K sold.
Based on aggregated 13F filings for Q1 2015.