First Trust Mortgage Income Fund
17 hedge funds and large institutions have $32.2M invested in First Trust Mortgage Income Fund in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 1 closing their positions.
0.19% less ownership
Funds ownership: 56.54% → 56.34% (-0.19%)
2% less capital invested
Capital invested by funds: $32.8M → $32.2M (-$583K)
6% less funds holding
Funds holding: 18 → 17 (-1)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$76.3K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$52.2K |
| 3 |
LPL Financial
San Diego,
California
|
+$3.22K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.02K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$245 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$98.2K |
| 2 |
WMG
WESCAP Management Group
Glendale,
California
|
-$61.6K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$32.1K |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$27.3K |
| 5 |
Morgan Stanley
New York
|
-$12.9K |
FMY Hedge Fund Activity: Q3 2020 in Review
17 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q3 2020, worth a combined $32.2M — down 1.8% from $32.8M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of FMY and 0 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 5 added.
The largest buyer was Aviance Capital Partners, adding an estimated $76.3K. The largest seller was 1607 Capital Partners, cutting an estimated $98.2K.
- 17 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q3 2020, down from 18 in Q2 2020.
- Funds reported $32.2M of First Trust Mortgage Income Fund stock for Q3 2020, down 1.8% quarter-over-quarter.
- 0 funds opened new First Trust Mortgage Income Fund positions in Q3 2020 and 1 closed out, a net change of -1 holder.
- The largest First Trust Mortgage Income Fund buyer in Q3 2020 was Aviance Capital Partners, an estimated $76.3K added.
- The largest First Trust Mortgage Income Fund seller in Q3 2020 was 1607 Capital Partners, an estimated $98.2K sold.
Based on aggregated 13F filings for Q3 2020.