First Trust Mortgage Income Fund
18 hedge funds and large institutions have $31.3M invested in First Trust Mortgage Income Fund in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 4 closing their positions.
0% more funds holding
Funds holding: 18 → 18 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.16% less ownership
Funds ownership: 55.47% → 55.31% (-0.16%)
4% less capital invested
Capital invested by funds: $32.5M → $31.3M (-$1.23M)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$633K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$403K |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$224K |
| 4 |
MFW
Meristem Family Wealth
Minnetonka,
Minnesota
|
+$191K |
| 5 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$157K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$691K |
| 2 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$342K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$331K |
| 4 |
Morgan Stanley
New York
|
-$150K |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$144K |
FMY Hedge Fund Activity: Q1 2021 in Review
18 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q1 2021, worth a combined $31.3M — down 3.8% from $32.5M a quarter earlier.
Fund positioning in FMY was balanced in Q1 2021: 4 funds opened new positions, 4 closed out, 4 added to existing stakes and 7 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $633K. The largest seller was Wells Fargo, cutting an estimated $691K.
- 18 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q1 2021, unchanged from Q4 2020.
- Funds reported $31.3M of First Trust Mortgage Income Fund stock for Q1 2021, down 3.8% quarter-over-quarter.
- 4 funds opened new First Trust Mortgage Income Fund positions in Q1 2021 and 4 closed out, a net change of 0 holders.
- The largest First Trust Mortgage Income Fund buyer in Q1 2021 was Sit Investment Associates, an estimated $633K added.
- The largest First Trust Mortgage Income Fund seller in Q1 2021 was Wells Fargo, an estimated $691K sold.
Based on aggregated 13F filings for Q1 2021.