First Trust Mortgage Income Fund
12 hedge funds and large institutions have $30.4M invested in First Trust Mortgage Income Fund in 2025 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 2 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
0.28% more ownership
Funds ownership: 59.19% → 59.46% (+0.28%)
0% less capital invested
Capital invested by funds: $30.5M → $30.4M (-$100K)
14% less funds holding
Funds holding: 14 → 12 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$380K |
| 2 |
NWMP
Noble Wealth Management PBC
Greenwood Village,
Colorado
|
+$212K |
| 3 |
UPS
UHLMANN PRICE SECURITIES
Skokie,
Illinois
|
+$89.5K |
| 4 |
Jones Financial Companies
Des Peres,
Missouri
|
+$3.01K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$410 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$283K |
| 2 |
NCM
Narwhal Capital Management
Marietta,
Georgia
|
-$161K |
| 3 |
Morgan Stanley
New York
|
-$56.6K |
| 4 |
1CP
1607 Capital Partners
Richmond,
Virginia
|
-$48.7K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.49K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SIA
1
Sit Investment Associates
Minneapolis,
Minnesota
| $27.9M | +$380K | +31,512 | +1% |
|
|
1CP
2
1607 Capital Partners
Richmond,
Virginia
| $863K | -$48.7K | -4,038 | -5% |
|
|
NWMP
3
Noble Wealth Management PBC
Greenwood Village,
Colorado
| $567K | +$212K | +17,572 | +60% |
|
|
UPS
4
UHLMANN PRICE SECURITIES
Skokie,
Illinois
| $288K | +$89.5K | +7,423 | +46% |
|
|
5
Morgan Stanley
New York
| $234K | -$56.6K | -4,700 | -20% |
|
|
6
Jones Financial Companies
Des Peres,
Missouri
| $225K | +$3.01K | +250 | +1% |
|
|
CAM
7
Cresset Asset Management
Chicago,
Illinois
| $172K | – | – | – |
|
8
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $119K | – | – | – |
|
|
9
Osaic Holdings
Scottsdale,
Arizona
| $59.1K | +$410 | +34 | +0.7% |
|
|
HWP
10
Highline Wealth Partners
Sherman Oaks,
California
| $3.65K | – | – | – |
|
|
11
UBS Group
Zurich,
Switzerland
| $12 | -$1.49K | -124 | -99% |
|
12
Wells Fargo
San Francisco,
California
| $11 | – | – | – |
|
|
13
Kovitz Investment Group Partners
Chicago,
Illinois
| – | -$283K | -23,100 | Closed |
|
|
NCM
14
Narwhal Capital Management
Marietta,
Georgia
| – | -$161K | -13,170 | Closed |
|
FMY Hedge Fund Activity: Q4 2025 in Review
12 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in First Trust Mortgage Income Fund (FMY) for Q4 2025, worth a combined $30.4M — down 0.33% from $30.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FMY and 0 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Sit Investment Associates, adding an estimated $380K. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $283K sold.
- 12 institutional investors held First Trust Mortgage Income Fund (FMY) as of Q4 2025, down from 14 in Q3 2025.
- Funds reported $30.4M of First Trust Mortgage Income Fund stock for Q4 2025, down 0.33% quarter-over-quarter.
- 0 funds opened new First Trust Mortgage Income Fund positions in Q4 2025 and 2 closed out, a net change of -2 holders.
- The largest First Trust Mortgage Income Fund buyer in Q4 2025 was Sit Investment Associates, an estimated $380K added.
- The largest First Trust Mortgage Income Fund seller in Q4 2025 was Kovitz Investment Group Partners, an estimated $283K sold.
Based on aggregated 13F filings for Q4 2025.