First Trust Mortgage Income Fund
14 hedge funds and large institutions have $30.6M invested in First Trust Mortgage Income Fund in 2025 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 0 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
8% more funds holding
Funds holding: 13 → 14 (+1)
2% less capital invested
Capital invested by funds: $31.3M → $30.6M (-$722K)
1.36% less ownership
Funds ownership: 60.85% → 59.49% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$278K |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$188K |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$30.6K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
+$20.3K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.35K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$180K |
| 2 |
Morgan Stanley
New York
|
-$162K |
| 3 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
-$77.3K |
FMY Hedge Fund Activity: Q2 2025 in Review
14 of the 7,612 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q2 2025, worth a combined $30.6M — down 2.3% from $31.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FMY positions and 0 closed out — a net gain of 3 holders — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Kovitz Investment Group Partners, opening a new position worth an estimated $278K. The largest seller was Global Assets Advisory, cutting an estimated $180K.
- 14 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q2 2025, up from 13 in Q1 2025.
- Funds reported $30.6M of First Trust Mortgage Income Fund stock for Q2 2025, down 2.3% quarter-over-quarter.
- 3 funds opened new First Trust Mortgage Income Fund positions in Q2 2025 and 0 closed out, a net change of +3 holders.
- The largest First Trust Mortgage Income Fund buyer in Q2 2025 was Kovitz Investment Group Partners, an estimated $278K added.
- The largest First Trust Mortgage Income Fund seller in Q2 2025 was Global Assets Advisory, an estimated $180K sold.
Based on aggregated 13F filings for Q2 2025.