First Trust Mortgage Income Fund
14 hedge funds and large institutions have $34.6M invested in First Trust Mortgage Income Fund in 2017 Q4 according to their latest regulatory filings, with funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 1 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
1% more capital invested
Capital invested by funds: $34.2M → $34.6M (+$405K)
0.51% more ownership
Funds ownership: 57.01% → 57.53% (+0.51%)
7% less funds holding
Funds holding: 15 → 14 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$872K |
| 2 |
Morgan Stanley
New York
|
+$254K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$157K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$78.3K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$33.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
Icon Advisers
Greenwood Village,
Colorado
|
-$1.01M |
| 2 |
LPL Financial
San Diego,
California
|
-$75K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$37.7K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$199 |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$114 |
FMY Hedge Fund Activity: Q4 2017 in Review
14 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q4 2017, worth a combined $34.6M — up 1.2% from $34.2M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FMY and 0 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 9 added.
The largest buyer was Sit Investment Associates, adding an estimated $872K. The largest seller was Icon Advisers, exiting entirely with an estimated $1.01M sold.
- 14 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q4 2017, down from 15 in Q3 2017.
- Funds reported $34.6M of First Trust Mortgage Income Fund stock for Q4 2017, up 1.2% quarter-over-quarter.
- 0 funds opened new First Trust Mortgage Income Fund positions in Q4 2017 and 1 closed out, a net change of -1 holder.
- The largest First Trust Mortgage Income Fund buyer in Q4 2017 was Sit Investment Associates, an estimated $872K added.
- The largest First Trust Mortgage Income Fund seller in Q4 2017 was Icon Advisers, an estimated $1.01M sold.
Based on aggregated 13F filings for Q4 2017.