First Trust Managed Futures Strategy Fund
FMF
81 hedge funds and large institutions have $129M invested in First Trust Managed Futures Strategy Fund in 2023 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 34 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
4% more funds holding
Funds holding: 78 → 81 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.87% less ownership
Funds ownership: 92.49% → 91.62% (-0.87%)
12% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 34
15% less capital invested
Capital invested by funds: $152M → $129M (-$22.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.92M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$1.31M |
| 3 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$920K |
| 4 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$455K |
| 5 |
Bank of New York Mellon
New York
|
+$414K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$5.51M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.06M |
| 3 |
Jane Street
New York
|
-$2.78M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$2.29M |
| 5 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$1.53M |
FMF Hedge Fund Activity: Q4 2023 in Review
81 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q4 2023, worth a combined $129M — down 15% from $152M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FMF positions and 10 closed out — a net gain of 4 holders — while 30 added to existing stakes and 34 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.92M. The largest seller was Osaic Holdings, cutting an estimated $5.51M.
- 81 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q4 2023, up from 78 in Q3 2023.
- Funds reported $129M of First Trust Managed Futures Strategy Fund stock for Q4 2023, down 15% quarter-over-quarter.
- 14 funds opened new First Trust Managed Futures Strategy Fund positions in Q4 2023 and 10 closed out, a net change of +4 holders.
- The largest First Trust Managed Futures Strategy Fund buyer in Q4 2023 was Susquehanna International Group, an estimated $1.92M added.
- The largest First Trust Managed Futures Strategy Fund seller in Q4 2023 was Osaic Holdings, an estimated $5.51M sold.
Based on aggregated 13F filings for Q4 2023.