First Trust Mortgage Income Fund
20 hedge funds and large institutions have $34.9M invested in First Trust Mortgage Income Fund in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 4 closing their positions.
6% more capital invested
Capital invested by funds: $32.9M → $34.9M (+$1.98M)
2.27% more ownership
Funds ownership: 54.68% → 56.95% (+2.3%)
0% more funds holding
Funds holding: 20 → 20 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
+$970K |
| 2 |
LPL Financial
San Diego,
California
|
+$810K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$294K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$271K |
| 5 |
AIG
American International Group
New York
|
+$36.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$327K |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
-$275K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$152K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$68.3K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$57.8K |
FMY Hedge Fund Activity: Q4 2015 in Review
20 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q4 2015, worth a combined $34.9M — up 6% from $32.9M a quarter earlier.
Fund positioning in FMY was balanced in Q4 2015: 4 funds opened new positions, 4 closed out, 3 added to existing stakes and 9 trimmed.
The largest buyer was Icon Advisers, adding an estimated $970K. The largest seller was Thomas J. Herzfeld Advisors, cutting an estimated $327K.
- 20 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $34.9M of First Trust Mortgage Income Fund stock for Q4 2015, up 6% quarter-over-quarter.
- 4 funds opened new First Trust Mortgage Income Fund positions in Q4 2015 and 4 closed out, a net change of 0 holders.
- The largest First Trust Mortgage Income Fund buyer in Q4 2015 was Icon Advisers, an estimated $970K added.
- The largest First Trust Mortgage Income Fund seller in Q4 2015 was Thomas J. Herzfeld Advisors, an estimated $327K sold.
Based on aggregated 13F filings for Q4 2015.