First Trust Mortgage Income Fund
21 hedge funds and large institutions have $34.6M invested in First Trust Mortgage Income Fund in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 6 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
67% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 6
5% more funds holding
Funds holding: 20 → 21 (+1)
6% more capital inflows, than outflows
Capital inflows: $1.26M | Capital outflows: $1.18M
0.13% more ownership
Funds ownership: 56.95% → 57.08% (+0.13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Sit Investment Associates
Minneapolis,
Minnesota
|
+$650K |
| 2 |
LPL Financial
San Diego,
California
|
+$451K |
| 3 |
Icon Advisers
Greenwood Village,
Colorado
|
+$56.4K |
| 4 |
People's United Financial
Bridgeport,
Connecticut
|
+$40.1K |
| 5 |
IFP Advisors
Tampa,
Florida
|
+$28.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1607 Capital Partners
Richmond,
Virginia
|
-$520K |
| 2 |
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$309K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$272K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$41.6K |
| 5 |
Morgan Stanley
New York
|
-$23.2K |
FMY Hedge Fund Activity: Q1 2016 in Review
21 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q1 2016, worth a combined $34.6M — down 0.91% from $34.9M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FMY positions and 1 closed out — a net gain of 1 holder — while 10 added to existing stakes and 6 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $650K. The largest seller was 1607 Capital Partners, cutting an estimated $520K.
- 21 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q1 2016, up from 20 in Q4 2015.
- Funds reported $34.6M of First Trust Mortgage Income Fund stock for Q1 2016, down 0.91% quarter-over-quarter.
- 2 funds opened new First Trust Mortgage Income Fund positions in Q1 2016 and 1 closed out, a net change of +1 holder.
- The largest First Trust Mortgage Income Fund buyer in Q1 2016 was Sit Investment Associates, an estimated $650K added.
- The largest First Trust Mortgage Income Fund seller in Q1 2016 was 1607 Capital Partners, an estimated $520K sold.
Based on aggregated 13F filings for Q1 2016.