First Trust Mortgage Income Fund
18 hedge funds and large institutions have $32.5M invested in First Trust Mortgage Income Fund in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
6% more funds holding
Funds holding: 17 → 18 (+1)
1% more capital invested
Capital invested by funds: $32.2M → $32.5M (+$249K)
0.87% less ownership
Funds ownership: 56.34% → 55.47% (-0.87%)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWS
AJ Wealth Strategies
New York
|
+$163K |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$141K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$59.2K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$45.4K |
| 5 |
LPL Financial
San Diego,
California
|
+$9.54K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFW
Meristem Family Wealth
Minnetonka,
Minnesota
|
-$192K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$190K |
| 3 |
WMG
WESCAP Management Group
Glendale,
California
|
-$186K |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$154K |
| 5 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$147K |
FMY Hedge Fund Activity: Q4 2020 in Review
18 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q4 2020, worth a combined $32.5M — up 0.77% from $32.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FMY positions and 3 closed out — a net gain of 1 holder — while 6 added to existing stakes and 7 trimmed.
The largest buyer was AJ Wealth Strategies, opening a new position worth an estimated $163K. The largest seller was Meristem Family Wealth, exiting entirely with an estimated $192K sold.
- 18 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q4 2020, up from 17 in Q3 2020.
- Funds reported $32.5M of First Trust Mortgage Income Fund stock for Q4 2020, up 0.77% quarter-over-quarter.
- 4 funds opened new First Trust Mortgage Income Fund positions in Q4 2020 and 3 closed out, a net change of +1 holder.
- The largest First Trust Mortgage Income Fund buyer in Q4 2020 was AJ Wealth Strategies, an estimated $163K added.
- The largest First Trust Mortgage Income Fund seller in Q4 2020 was Meristem Family Wealth, an estimated $192K sold.
Based on aggregated 13F filings for Q4 2020.