First Trust Managed Futures Strategy Fund
FMF
73 hedge funds and large institutions have $129M invested in First Trust Managed Futures Strategy Fund in 2025 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 25 reducing their positions, and 13 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 25
1.44% more ownership
Funds ownership: 82% → 83.43% (+1.4%)
3% more capital invested
Capital invested by funds: $125M → $129M (+$3.98M)
8% less funds holding
Funds holding: 79 → 73 (-6)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$4.83M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.8M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$1.74M |
| 4 |
AssetMark Inc
Concord,
California
|
+$1.18M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Authentikos Wealth Advisory
Morgan Hill,
California
|
-$2.46M |
| 2 |
PAS
Park Avenue Securities
New York
|
-$1.11M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$827K |
| 4 |
RL
Retireful LLC
Haslett,
Michigan
|
-$811K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$810K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$827K | -17,389 | Closed |
|
|
RL
77
Retireful LLC
Haslett,
Michigan
| – | -$811K | -17,043 | Closed |
|
78
MML Investors Services
Springfield,
Massachusetts
| – | -$335K | -7,049 | Closed |
|
|
CFGS
79
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$325K | -6,763 | Closed |
|
|
HAS
80
HBW Advisory Services
Simi Valley,
California
| – | -$255K | -5,359 | Closed |
|
|
MC
81
Moors & Cabot
Boston,
Massachusetts
| – | -$202K | -4,250 | Closed |
|
|
TAM
82
Tucker Asset Management
Littleton,
Colorado
| – | -$107K | -2,255 | Closed |
|
|
PTC
83
Private Trust Company
Cleveland,
Ohio
| – | -$12.5K | -262 | Closed |
|
|
KIM
84
Kestra Investment Management
Austin,
Texas
| – | -$2.51K | -53 | Closed |
|
|
GWM
85
Geneos Wealth Management
Englewood,
Colorado
| – | -$2.47K | -52 | Closed |
|
|
SAM
86
Synergy Asset Management
Vancouver,
Washington
| – | -$2.33K | -49 | Closed |
|
FMF Hedge Fund Activity: Q1 2025 in Review
73 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q1 2025, worth a combined $129M — up 3.2% from $125M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FMF and 9 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 34 added.
The largest buyer was Coppell Advisory Solutions, adding an estimated $4.83M. The largest seller was Authentikos Wealth Advisory, exiting entirely with an estimated $2.46M sold.
- 73 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q1 2025, down from 79 in Q4 2024.
- Funds reported $129M of First Trust Managed Futures Strategy Fund stock for Q1 2025, up 3.2% quarter-over-quarter.
- 9 funds opened new First Trust Managed Futures Strategy Fund positions in Q1 2025 and 13 closed out, a net change of -4 holders.
- The largest First Trust Managed Futures Strategy Fund buyer in Q1 2025 was Coppell Advisory Solutions, an estimated $4.83M added.
- The largest First Trust Managed Futures Strategy Fund seller in Q1 2025 was Authentikos Wealth Advisory, an estimated $2.46M sold.
Based on aggregated 13F filings for Q1 2025.