First Trust Mortgage Income Fund
18 hedge funds and large institutions have $27.3M invested in First Trust Mortgage Income Fund in 2022 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 3 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
1.86% more ownership
Funds ownership: 55.69% → 57.54% (+1.9%)
0% more funds holding
Funds holding: 18 → 18 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0% less capital invested
Capital invested by funds: $27.3M → $27.3M (-$6K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.25M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$122K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$9.81K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$5.86K |
| 5 |
Morgan Stanley
New York
|
+$4.79K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$162K |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$121K |
| 3 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$68K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$64.9K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$42.5K |
FMY Hedge Fund Activity: Q3 2022 in Review
18 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q3 2022, worth a combined $27.3M — down 0.02% from $27.3M a quarter earlier.
Fund positioning in FMY was balanced in Q3 2022: 3 funds opened new positions, 3 closed out, 5 added to existing stakes and 4 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.25M. The largest seller was Raymond James & Associates, exiting entirely with an estimated $162K sold.
- 18 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $27.3M of First Trust Mortgage Income Fund stock for Q3 2022, down 0.02% quarter-over-quarter.
- 3 funds opened new First Trust Mortgage Income Fund positions in Q3 2022 and 3 closed out, a net change of 0 holders.
- The largest First Trust Mortgage Income Fund buyer in Q3 2022 was Sit Investment Associates, an estimated $1.25M added.
- The largest First Trust Mortgage Income Fund seller in Q3 2022 was Raymond James & Associates, an estimated $162K sold.
Based on aggregated 13F filings for Q3 2022.