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First Trust Managed Futures Strategy Fund

73 hedge funds and large institutions have $134M invested in First Trust Managed Futures Strategy Fund in 2025 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 32 increasing their positions, 25 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 25

14% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 7

2.76% more ownership

Funds ownership: 83.43%86.19% (+2.8%)

4% more capital invested

Capital invested by funds: $129M → $134M (+$5.66M)

0% more funds holding

Funds holding: 7373 (0)

Holders
73
Holders Change
Holders Change %
0%
% of All Funds
0.96%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
32
Reduced
25
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$861K -$106K -2,334 -11%
GM
27
GeoWealth Management
Illinois
$819K -$4.53K -100 -0.5%
AWM
28
AE Wealth Management
Kansas
$794K -$416K -9,192 -34%
AI
29
Atria Investments
North Carolina
$667K +$53.4K +1,179 +9%
FA
30
Fermata Advisors
California
$663K +$44.9K +992 +7%
GRP
31
Global Retirement Partners
California
$613K +$614K +13,555 New
LSIA
32
LaSalle St. Investment Advisors
Illinois
$600K +$25.1K +555 +4%
SCA
33
Snowden Capital Advisors
New York
$582K -$22.1K -488 -4%
Envestnet Portfolio Solutions
34
Envestnet Portfolio Solutions
Illinois
$578K -$963K -21,273 -62%
PA
35
PFG Advisors
Arizona
$543K -$254K -5,605 -32%
PFA
36
Professional Financial Advisors
Nebraska
$529K -$55.6K -1,229 -10%
FPWM
37
FSB Premier Wealth Management
Iowa
$517K +$67.6K +1,493 +15%
PFA
38
Pinnacle Family Advisors
Missouri
$515K +$16K +353 +3%
PBF
39
Petix & Botte Financial
California
$477K
KAS
40
Kestra Advisory Services
Texas
$461K -$46.5K -1,027 -9%
RIS
41
Richmond Investment Services
Wisconsin
$457K +$229K +5,053 +100%
BWP
42
Balboa Wealth Partners
Arizona
$455K +$455K +10,059 New
SPIA
43
Steward Partners Investment Advisory
New York
$439K -$38.4K -849 -8%
TA
44
TFB Advisors
Kansas
$438K +$86.5K +1,911 +25%
HH
45
Hilltop Holdings
Texas
$433K +$12.3K +271 +3%
WIA
46
World Investment Advisors
California
$389K -$450K -9,931 -54%
SPC
47
Sigma Planning Corp
Michigan
$381K +$67.2K +1,485 +21%
AWM
48
Apollon Wealth Management
South Carolina
$358K +$27.9K +616 +8%
HFP
49
Holistic Financial Partners
Indiana
$348K -$480K -10,598 -58%
HI
50
Harbour Investments
Wisconsin
$344K -$1.55M -34,175 -82%

FMF Hedge Fund Activity: Q2 2025 in Review

73 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q2 2025, worth a combined $134M — up 4.4% from $129M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FMF positions and 7 closed out — a net gain of 1 holder — while 32 added to existing stakes and 25 trimmed.

The largest buyer was Janney Montgomery Scott, adding an estimated $4.28M. The largest seller was Harbour Investments, cutting an estimated $1.55M.

  • 73 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q2 2025, unchanged from Q1 2025.
  • Funds reported $134M of First Trust Managed Futures Strategy Fund stock for Q2 2025, up 4.4% quarter-over-quarter.
  • 8 funds opened new First Trust Managed Futures Strategy Fund positions in Q2 2025 and 7 closed out, a net change of +1 holder.
  • The largest First Trust Managed Futures Strategy Fund buyer in Q2 2025 was Janney Montgomery Scott, an estimated $4.28M added.
  • The largest First Trust Managed Futures Strategy Fund seller in Q2 2025 was Harbour Investments, an estimated $1.55M sold.

Based on aggregated 13F filings for Q2 2025.