First Trust Mortgage Income Fund
15 hedge funds and large institutions have $36.8M invested in First Trust Mortgage Income Fund in 2019 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
7% more capital invested
Capital invested by funds: $34.3M → $36.8M (+$2.52M)
1.52% more ownership
Funds ownership: 61.02% → 62.53% (+1.5%)
0% more funds holding
Funds holding: 15 → 15 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$761K |
| 2 |
MFW
Meristem Family Wealth
Minnetonka,
Minnesota
|
+$192K |
| 3 |
LPL Financial
San Diego,
California
|
+$138K |
| 4 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$136K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$29.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$137K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$117K |
| 3 |
Morgan Stanley
New York
|
-$106K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$14.8K |
| 5 |
TJHA
Thomas J. Herzfeld Advisors
Miami Beach,
Florida
|
-$5.46K |
FMY Hedge Fund Activity: Q2 2019 in Review
15 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q2 2019, worth a combined $36.8M — up 7.4% from $34.3M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FMY positions and 1 closed out — a net gain of 1 holder — while 8 added to existing stakes and 4 trimmed.
The largest buyer was 1607 Capital Partners, adding an estimated $761K. The largest seller was Dynamic Advisor Solutions, exiting entirely with an estimated $137K sold.
- 15 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $36.8M of First Trust Mortgage Income Fund stock for Q2 2019, up 7.4% quarter-over-quarter.
- 2 funds opened new First Trust Mortgage Income Fund positions in Q2 2019 and 1 closed out, a net change of +1 holder.
- The largest First Trust Mortgage Income Fund buyer in Q2 2019 was 1607 Capital Partners, an estimated $761K added.
- The largest First Trust Mortgage Income Fund seller in Q2 2019 was Dynamic Advisor Solutions, an estimated $137K sold.
Based on aggregated 13F filings for Q2 2019.