First Trust Managed Futures Strategy Fund
FMF
33 hedge funds and large institutions have $31.2M invested in First Trust Managed Futures Strategy Fund in 2020 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 2 closing their positions.
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
32% more capital invested
Capital invested by funds: $23.7M → $31.2M (+$7.51M)
10% more funds holding
Funds holding: 30 → 33 (+3)
4.03% more ownership
Funds ownership: 72.5% → 76.54% (+4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.6M |
| 2 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$1.17M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$935K |
| 4 |
LPL Financial
San Diego,
California
|
+$722K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$530K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$205K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$201K |
| 3 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$111K |
| 4 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$100K |
| 5 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$92.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $43K | +$37.5K | +851 | +868% |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| $38K | +$10.9K | +248 | +41% |
|
|
CWA
28
Clearview Wealth Advisors
Salem,
Oregon
| $27K | +$26.3K | +598 | New |
|
|
BEI
29
Benjamin Edwards Inc
Clayton,
Missouri
| $22K | +$485 | +11 | +2% |
|
|
TAM
30
Tucker Asset Management
Littleton,
Colorado
| $15.6K | +$15.2K | +344 | New |
|
31
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $9K | – | – | – |
|
32
Fifth Third Bancorp
Cincinnati,
Ohio
| $7K | – | – | – |
|
|
LAS
33
Lloyd Advisory Services
Suwanee,
Georgia
| $5K | -$485 | -11 | -9% |
|
|
DADC
34
D.A. Davidson & Co
Great Falls,
Montana
| – | -$205K | -4,700 | Closed |
|
|
CAL
35
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$4K | -100 | Closed |
|
FMF Hedge Fund Activity: Q4 2020 in Review
33 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q4 2020, worth a combined $31.2M — up 32% from $23.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FMF positions and 2 closed out — a net gain of 4 holders — while 19 added to existing stakes and 6 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.6M. The largest seller was D.A. Davidson & Co, exiting entirely with an estimated $205K sold.
- 33 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q4 2020, up from 30 in Q3 2020.
- Funds reported $31.2M of First Trust Managed Futures Strategy Fund stock for Q4 2020, up 32% quarter-over-quarter.
- 6 funds opened new First Trust Managed Futures Strategy Fund positions in Q4 2020 and 2 closed out, a net change of +4 holders.
- The largest First Trust Managed Futures Strategy Fund buyer in Q4 2020 was Susquehanna International Group, an estimated $1.6M added.
- The largest First Trust Managed Futures Strategy Fund seller in Q4 2020 was D.A. Davidson & Co, an estimated $205K sold.
Based on aggregated 13F filings for Q4 2020.