First Trust Managed Futures Strategy Fund
FMF
6 hedge funds and large institutions have $2.19M invested in First Trust Managed Futures Strategy Fund in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
20% more funds holding
Funds holding: 5 → 6 (+1)
14.31% less ownership
Funds ownership: 44.91% → 30.6% (-14%)
49% less capital invested
Capital invested by funds: $4.27M → $2.19M (-$2.08M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$172K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$51.3K |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$17.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.69M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$509K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$181K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Envestnet Asset Management
Chicago,
Illinois
| $1.94M | +$51.3K | +1,082 | +3% |
|
|
2
UBS Group
Zurich,
Switzerland
| $171K | +$172K | +3,632 | New |
|
|
AG
3
Advisor Group
Phoenix,
Arizona
| $47K | +$48.1K | +1,015 | New |
|
|
IA
4
IFP Advisors
Tampa,
Florida
| $19K | +$17.3K | +365 | +1,043% |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $8K | -$181K | -3,814 | -96% |
|
|
WAP
6
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $6K | +$6.02K | +127 | New |
|
|
7
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1.69M | -35,809 | Closed |
|
|
8
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$509K | -10,813 | Closed |
|
FMF Hedge Fund Activity: Q2 2016 in Review
6 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q2 2016, worth a combined $2.19M — down 49% from $4.27M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FMF positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 1 trimmed.
The largest buyer was UBS Group, opening a new position worth an estimated $172K. The largest seller was Bank of Montreal, exiting entirely with an estimated $1.69M sold.
- 6 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q2 2016, up from 5 in Q1 2016.
- Funds reported $2.19M of First Trust Managed Futures Strategy Fund stock for Q2 2016, down 49% quarter-over-quarter.
- 3 funds opened new First Trust Managed Futures Strategy Fund positions in Q2 2016 and 2 closed out, a net change of +1 holder.
- The largest First Trust Managed Futures Strategy Fund buyer in Q2 2016 was UBS Group, an estimated $172K added.
- The largest First Trust Managed Futures Strategy Fund seller in Q2 2016 was Bank of Montreal, an estimated $1.69M sold.
Based on aggregated 13F filings for Q2 2016.