First Trust Managed Futures Strategy Fund
FMF
5 hedge funds and large institutions have $4.27M invested in First Trust Managed Futures Strategy Fund in 2016 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
29% less funds holding
Funds holding: 7 → 5 (-2)
35.65% less ownership
Funds ownership: 80.57% → 44.91% (-36%)
57% less capital invested
Capital invested by funds: $9.93M → $4.27M (-$5.66M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$189K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$81.4K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$48.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$5.05M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$597K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$70K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$67.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Envestnet Asset Management
Chicago,
Illinois
| $1.89M | +$81.4K | +1,670 | +4% |
|
|
2
Bank of Montreal
Toronto,
Ontario, Canada
| $1.69M | +$48.8K | +1,002 | +3% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $509K | -$597K | -12,249 | -53% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $187K | +$189K | +3,879 | +3,730% |
|
|
IA
5
IFP Advisors
Tampa,
Florida
| $2K | -$67.2K | -1,379 | -98% |
|
|
6
LPL Financial
San Diego,
California
| – | -$5.05M | -103,804 | Closed |
|
|
7
UBS Group
Zurich,
Switzerland
| – | -$70K | -1,418 | Closed |
|
FMF Hedge Fund Activity: Q1 2016 in Review
5 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q1 2016, worth a combined $4.27M — down 57% from $9.93M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FMF and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Royal Bank of Canada, adding an estimated $189K. The largest seller was LPL Financial, exiting entirely with an estimated $5.05M sold.
- 5 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q1 2016, down from 7 in Q4 2015.
- Funds reported $4.27M of First Trust Managed Futures Strategy Fund stock for Q1 2016, down 57% quarter-over-quarter.
- 0 funds opened new First Trust Managed Futures Strategy Fund positions in Q1 2016 and 2 closed out, a net change of -2 holders.
- The largest First Trust Managed Futures Strategy Fund buyer in Q1 2016 was Royal Bank of Canada, an estimated $189K added.
- The largest First Trust Managed Futures Strategy Fund seller in Q1 2016 was LPL Financial, an estimated $5.05M sold.
Based on aggregated 13F filings for Q1 2016.