First Trust Mortgage Income Fund
15 hedge funds and large institutions have $34.3M invested in First Trust Mortgage Income Fund in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 2 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
1.52% more ownership
Funds ownership: 59.5% → 61.02% (+1.5%)
5% more capital invested
Capital invested by funds: $32.8M → $34.3M (+$1.5M)
0% more funds holding
Funds holding: 15 → 15 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$496K |
| 2 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$481K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$386K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$150K |
| 5 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$136K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$249K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$243K |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$196K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$22.5K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
FMY Hedge Fund Activity: Q1 2019 in Review
15 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q1 2019, worth a combined $34.3M — up 4.6% from $32.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FMY positions and 2 closed out — a net gain of 1 holder — while 7 added to existing stakes and 4 trimmed.
The largest buyer was Wells Fargo, adding an estimated $496K. The largest seller was Morgan Stanley, cutting an estimated $249K.
- 15 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $34.3M of First Trust Mortgage Income Fund stock for Q1 2019, up 4.6% quarter-over-quarter.
- 3 funds opened new First Trust Mortgage Income Fund positions in Q1 2019 and 2 closed out, a net change of +1 holder.
- The largest First Trust Mortgage Income Fund buyer in Q1 2019 was Wells Fargo, an estimated $496K added.
- The largest First Trust Mortgage Income Fund seller in Q1 2019 was Morgan Stanley, an estimated $249K sold.
Based on aggregated 13F filings for Q1 2019.