First Trust Mortgage Income Fund
19 hedge funds and large institutions have $33.8M invested in First Trust Mortgage Income Fund in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 0 closing their positions.
36% more funds holding
Funds holding: 14 → 19 (+5)
1.51% more ownership
Funds ownership: 58.23% → 59.75% (+1.5%)
1% less capital invested
Capital invested by funds: $34.2M → $33.8M (-$404K)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.34M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$444K |
| 3 |
DA
Doliver Advisors
Houston,
Texas
|
+$323K |
| 4 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
+$281K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.3M |
| 2 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$375K |
| 3 |
Morgan Stanley
New York
|
-$44.5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$33.7K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16.9K |
FMY Hedge Fund Activity: Q2 2018 in Review
19 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q2 2018, worth a combined $33.8M — down 1.2% from $34.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FMY positions and 0 closed out — a net gain of 5 holders — while 4 added to existing stakes and 8 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.34M. The largest seller was Wells Fargo, cutting an estimated $1.3M.
- 19 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q2 2018, up from 14 in Q1 2018.
- Funds reported $33.8M of First Trust Mortgage Income Fund stock for Q2 2018, down 1.2% quarter-over-quarter.
- 5 funds opened new First Trust Mortgage Income Fund positions in Q2 2018 and 0 closed out, a net change of +5 holders.
- The largest First Trust Mortgage Income Fund buyer in Q2 2018 was Sit Investment Associates, an estimated $1.34M added.
- The largest First Trust Mortgage Income Fund seller in Q2 2018 was Wells Fargo, an estimated $1.3M sold.
Based on aggregated 13F filings for Q2 2018.