First Trust Managed Futures Strategy Fund
FMF
78 hedge funds and large institutions have $152M invested in First Trust Managed Futures Strategy Fund in 2023 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 35 reducing their positions, and 9 closing their positions.
4.27% more ownership
Funds ownership: 88.22% → 92.49% (+4.3%)
3% more capital invested
Capital invested by funds: $148M → $152M (+$4.13M)
0% more funds holding
Funds holding: 78 → 78 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
11% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.42M |
| 2 |
Jane Street
New York
|
+$2.18M |
| 3 |
IWM
Iams Wealth Management
Omaha,
Nebraska
|
+$1.32M |
| 4 |
FA
Fermata Advisors
Sonoma,
California
|
+$1.18M |
| 5 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$433K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$1.73M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.72M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.68M |
| 4 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$1.32M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
US Bancorp
Minneapolis,
Minnesota
| $5.09K | +$5.08K | +104 | New |
|
|
FHA
77
First Horizon Advisors
Memphis,
Tennessee
| $1.91K | -$732 | -15 | -28% |
|
78
Wells Fargo
San Francisco,
California
| $1.18K | -$17.6K | -361 | -94% |
|
|
AWM
79
Apollon Wealth Management
Mount Pleasant,
South Carolina
| – | -$977K | -20,442 | Closed |
|
|
JIP
80
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$479K | -10,010 | Closed |
|
|
PVI
81
Pine Valley Investments
Marlton,
New Jersey
| – | -$250K | -5,225 | Closed |
|
|
FH
82
FWG Holdings
Winter Park,
Florida
| – | -$228K | -4,705 | Closed |
|
|
VAS
83
Vestmark Advisory Solutions
Wakefield,
Massachusetts
| – | -$213K | -4,455 | Closed |
|
|
CFD
84
Creative Financial Designs
Kokomo,
Indiana
| – | -$39K | -800 | Closed |
|
85
Morgan Stanley
New York
| – | -$4.35K | -91 | Closed |
|
|
FGAM
86
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$9.07K | -48 | Closed |
|
87
Fidelity Investments
Boston,
Massachusetts
| – | -$48 | -1 | Closed |
|
FMF Hedge Fund Activity: Q3 2023 in Review
78 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q3 2023, worth a combined $152M — up 2.8% from $148M a quarter earlier.
Fund positioning in FMF was balanced in Q3 2023: 9 funds opened new positions, 9 closed out, 31 added to existing stakes and 35 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $2.42M. The largest seller was Great Valley Advisor Group, cutting an estimated $1.73M.
- 78 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $152M of First Trust Managed Futures Strategy Fund stock for Q3 2023, up 2.8% quarter-over-quarter.
- 9 funds opened new First Trust Managed Futures Strategy Fund positions in Q3 2023 and 9 closed out, a net change of 0 holders.
- The largest First Trust Managed Futures Strategy Fund buyer in Q3 2023 was Bank of Montreal, an estimated $2.42M added.
- The largest First Trust Managed Futures Strategy Fund seller in Q3 2023 was Great Valley Advisor Group, an estimated $1.73M sold.
Based on aggregated 13F filings for Q3 2023.