We are live on ! Find out more
FMF icon

First Trust Managed Futures Strategy Fund
FMF

76 hedge funds and large institutions have $154M invested in First Trust Managed Futures Strategy Fund in 2025 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 39 increasing their positions, 20 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 20

67% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 6

15% more capital invested

Capital invested by funds: $134M → $154M (+$19.6M)

4% more funds holding

Funds holding: 73 → 76 (+3)

2.94% less ownership

Funds ownership: 86.19% → 83.25% (-2.9%)

Holders
76
Holders Change
+3
Holders Change %
+4.11%
% of All Funds
1%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
39
Reduced
20
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
LPL Financial
LPL Financial
California
+$2.7M
2
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$2.24M
3
BWG
Beta Wealth Group
California
+$1.43M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$1.09M
5
CAS
Coppell Advisory Solutions
Texas
+$1.05M

Top Sellers

1
SW
Simplicity Wealth
New Jersey
-$1.87M
2
AssetMark Inc
AssetMark Inc
California
-$535K
3
Osaic Holdings
Osaic Holdings
Arizona
-$411K
4
TFP
Traction Financial Partners
Wyoming
-$251K
5
PA
PFG Advisors
Arizona
-$199K
Name Holding Trade Value Shares
Change 		Change in
Stake
SPIA
51
Steward Partners Investment Advisory
New York
$382K -$88.3K -1,874 -19%
PA
52
PFG Advisors
Arizona
$379K -$199K -4,223 -35%
HI
53
Harbour Investments
Wisconsin
$319K -$50K -1,062 -14%
PCS
54
Private Client Services
Kentucky
$295K -$660 -14 -0.2%
SAW
55
Signal Advisors Wealth
Michigan
$286K +$19.4K +412 +8%
TW
56
Trajan Wealth
Arizona
$284K -$70.5K -1,496 -20%
HFP
57
Holistic Financial Partners
Indiana
$263K -$108K -2,290 -30%
WI
58
WBI Investments
New Jersey
$262K +$5.79K +123 +2%
OFS
59
OneAscent Financial Services
Alabama
$242K +$18.7K +396 +9%
MWM
60
Maripau Wealth Management
Indiana
$242K +$1.65K +35 +0.7%
HAS
61
HBW Advisory Services
California
$218K +$211K +4,483 New
SIM
62
Synergy Investment Management
Florida
$203K +$197K +4,173 New
RF
63
Rossby Financial
Florida
$199K +$98.8K +2,097 +105%
RIL
64
Rothschild Investment LLC
Illinois
$190K – – –
PS
65
Principal Securities
Iowa
$139K +$1.08K +23 +0.8%
Royal Bank of Canada
66
Royal Bank of Canada
Ontario, Canada
$117K -$35.4K -751 -24%
ASN
67
Advisory Services Network
Georgia
$64.5K +$62.4K +1,325 New
CA
68
CoreCap Advisors
Michigan
$55.2K +$424 +9 +0.8%
SWM
69
Spire Wealth Management
Virginia
$48.9K – – –
CFB
70
Cullen/Frost Bankers
Texas
$22.8K +$22.1K +469 New
LC
71
Luminist Capital
Michigan
$18.9K – – –
AG
72
AmeriFlex Group
Nevada
$15.6K +$15.1K +320 New
Q1WB
73
Quest 10 Wealth Builders
Virginia
$12K – – –
FFA
74
Farther Finance Advisors
California
$11.4K – – –
Morgan Stanley
75
Morgan Stanley
New York
$8.29K +$7.49K +159 +1,590%
1 2
3
4

FMF Hedge Fund Activity: Q3 2025 in Review

76 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q3 2025, worth a combined $154M — up 15% from $134M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FMF positions and 6 closed out — a net gain of 4 holders — while 39 added to existing stakes and 20 trimmed.

The largest buyer was LPL Financial, adding an estimated $2.7M. The largest seller was Simplicity Wealth, cutting an estimated $1.87M.

  • 76 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q3 2025, up from 73 in Q2 2025.
  • Funds reported $154M of First Trust Managed Futures Strategy Fund stock for Q3 2025, up 15% quarter-over-quarter.
  • 10 funds opened new First Trust Managed Futures Strategy Fund positions in Q3 2025 and 6 closed out, a net change of +4 holders.
  • The largest First Trust Managed Futures Strategy Fund buyer in Q3 2025 was LPL Financial, an estimated $2.7M added.
  • The largest First Trust Managed Futures Strategy Fund seller in Q3 2025 was Simplicity Wealth, an estimated $1.87M sold.

Based on aggregated 13F filings for Q3 2025.