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FMY

First Trust Mortgage Income Fund
FMY

15 hedge funds and large institutions have $27.8M invested in First Trust Mortgage Income Fund in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.38% more ownership

Funds ownership: 58.86% → 59.25% (+0.38%)

0% more funds holding

Funds holding: 15 → 15 (0)

0% more first-time investments, than exits

New positions opened: 1 | Existing positions closed: 1

1% less capital invested

Capital invested by funds: $28.1M → $27.8M (-$315K)

40% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 5

Holders
15
Holders Change
–
Holders Change %
0%
% of All Funds
0.24%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
1
Increased
3
Reduced
5
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
NCM
Narwhal Capital Management
Georgia
+$164K
2
SIA
Sit Investment Associates
Minnesota
+$122K
3
Bank of America
Bank of America
North Carolina
+$5.08K
4
GRP
Global Retirement Partners
California
+$23

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$43.5K
2
Osaic Holdings
Osaic Holdings
Arizona
-$30.8K
3
ACP
Aviance Capital Partners
Florida
-$25.4K
4
HI
Harbour Investments
Wisconsin
-$5.67K
5
LPL Financial
LPL Financial
California
-$2.18K
Name Holding Trade Value Shares
Change 		Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$22.2M +$122K +10,781 +0.5%
1CP
2
1607 Capital Partners
Virginia
$3.55M – – –
ACP
3
Aviance Capital Partners
Florida
$924K -$25.4K -2,247 -3%
NCM
4
Narwhal Capital Management
Georgia
$283K +$164K +14,501 +133%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$261K – – –
LPL Financial
6
LPL Financial
California
$177K -$2.18K -193 -1%
CAM
7
Cresset Asset Management
Illinois
$157K – – –
Osaic Holdings
8
Osaic Holdings
Arizona
$119K -$30.8K -2,723 -20%
Wells Fargo
9
Wells Fargo
California
$61.3K – – –
Morgan Stanley
10
Morgan Stanley
New York
$53.6K -$294 -26 -0.5%
SPIA
11
Steward Partners Investment Advisory
New York
$13.1K – – –
Bank of America
12
Bank of America
North Carolina
$5.02K +$5.08K +450 New
GRP
13
Global Retirement Partners
California
$2.81K +$23 +2 +0.8%
JMF
14
Johnson Midwest Financial
Iowa
$1K – – –
UBS Group
15
UBS Group
Switzerland
$11 -$43.5K -3,851 -100%
HI
16
Harbour Investments
Wisconsin
– -$5.67K -500 Closed

FMY Hedge Fund Activity: Q2 2023 in Review

15 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q2 2023, worth a combined $27.8M — down 1.1% from $28.1M a quarter earlier.

Fund positioning in FMY was balanced in Q2 2023: 1 fund opened new positions, 1 closed out, 3 added to existing stakes and 5 trimmed.

The largest buyer was Narwhal Capital Management, adding an estimated $164K. The largest seller was UBS Group, cutting an estimated $43.5K.

  • 15 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $27.8M of First Trust Mortgage Income Fund stock for Q2 2023, down 1.1% quarter-over-quarter.
  • 1 fund opened new First Trust Mortgage Income Fund positions in Q2 2023 and 1 closed out, a net change of 0 holders.
  • The largest First Trust Mortgage Income Fund buyer in Q2 2023 was Narwhal Capital Management, an estimated $164K added.
  • The largest First Trust Mortgage Income Fund seller in Q2 2023 was UBS Group, an estimated $43.5K sold.

Based on aggregated 13F filings for Q2 2023.