First Trust Mortgage Income Fund
18 hedge funds and large institutions have $30.4M invested in First Trust Mortgage Income Fund in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
2.11% less ownership
Funds ownership: 53.31% → 51.2% (-2.1%)
9% less capital invested
Capital invested by funds: $33.3M → $30.4M (-$2.89M)
14% less funds holding
Funds holding: 21 → 18 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$396K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$237K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$9.58K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.67K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.47K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$976K |
| 2 |
CA
Cornerstone Advisors
Asheville,
North Carolina
|
-$420K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$174K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$172K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$73.3K |
FMY Hedge Fund Activity: Q2 2015 in Review
18 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q2 2015, worth a combined $30.4M — down 8.7% from $33.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FMY and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 6 added.
The largest buyer was City of London Investment Management, opening a new position worth an estimated $396K. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $976K sold.
- 18 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q2 2015, down from 21 in Q1 2015.
- Funds reported $30.4M of First Trust Mortgage Income Fund stock for Q2 2015, down 8.7% quarter-over-quarter.
- 2 funds opened new First Trust Mortgage Income Fund positions in Q2 2015 and 5 closed out, a net change of -3 holders.
- The largest First Trust Mortgage Income Fund buyer in Q2 2015 was City of London Investment Management, an estimated $396K added.
- The largest First Trust Mortgage Income Fund seller in Q2 2015 was Raymond James Financial Services Advisors, an estimated $976K sold.
Based on aggregated 13F filings for Q2 2015.