First Trust Mortgage Income Fund
13 hedge funds and large institutions have $30.7M invested in First Trust Mortgage Income Fund in 2024 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
18% more funds holding
Funds holding: 11 → 13 (+2)
1.56% more ownership
Funds ownership: 59.17% → 60.74% (+1.6%)
1% less capital invested
Capital invested by funds: $31.1M → $30.7M (-$463K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TW
Transform Wealth
Greenwood Village,
Colorado
|
+$280K |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$118K |
| 3 |
Morgan Stanley
New York
|
+$51.8K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$48K |
| 5 |
Jones Financial Companies
Des Peres,
Missouri
|
+$28.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$187K |
| 2 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
-$14.6K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$9.08K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$2.02K |
FMY Hedge Fund Activity: Q4 2024 in Review
13 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q4 2024, worth a combined $30.7M — down 1.5% from $31.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FMY positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Transform Wealth, opening a new position worth an estimated $280K. The largest seller was LPL Financial, exiting entirely with an estimated $187K sold.
- 13 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q4 2024, up from 11 in Q3 2024.
- Funds reported $30.7M of First Trust Mortgage Income Fund stock for Q4 2024, down 1.5% quarter-over-quarter.
- 3 funds opened new First Trust Mortgage Income Fund positions in Q4 2024 and 1 closed out, a net change of +2 holders.
- The largest First Trust Mortgage Income Fund buyer in Q4 2024 was Transform Wealth, an estimated $280K added.
- The largest First Trust Mortgage Income Fund seller in Q4 2024 was LPL Financial, an estimated $187K sold.
Based on aggregated 13F filings for Q4 2024.