First Trust Mortgage Income Fund
15 hedge funds and large institutions have $27.4M invested in First Trust Mortgage Income Fund in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 3 closing their positions.
0.8% more ownership
Funds ownership: 57.54% → 58.34% (+0.8%)
0% more capital invested
Capital invested by funds: $27.3M → $27.4M (+$69.4K)
17% less funds holding
Funds holding: 18 → 15 (-3)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$543K |
| 2 |
Morgan Stanley
New York
|
+$52.9K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$25.5K |
| 4 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$2.77K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$110K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$56K |
| 3 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$23.7K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$12.8K |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$6.5K |
FMY Hedge Fund Activity: Q4 2022 in Review
15 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q4 2022, worth a combined $27.4M — up 0.25% from $27.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FMY and 1 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was Sit Investment Associates, adding an estimated $543K. The largest seller was Wells Fargo, cutting an estimated $110K.
- 15 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q4 2022, down from 18 in Q3 2022.
- Funds reported $27.4M of First Trust Mortgage Income Fund stock for Q4 2022, up 0.25% quarter-over-quarter.
- 1 fund opened new First Trust Mortgage Income Fund positions in Q4 2022 and 3 closed out, a net change of -2 holders.
- The largest First Trust Mortgage Income Fund buyer in Q4 2022 was Sit Investment Associates, an estimated $543K added.
- The largest First Trust Mortgage Income Fund seller in Q4 2022 was Wells Fargo, an estimated $110K sold.
Based on aggregated 13F filings for Q4 2022.