First Trust Managed Futures Strategy Fund
FMF
9 hedge funds and large institutions have $1.35M invested in First Trust Managed Futures Strategy Fund in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
50% more funds holding
Funds holding: 6 → 9 (+3)
20.02% less ownership
Funds ownership: 34.27% → 14.25% (-20%)
45% less capital invested
Capital invested by funds: $2.46M → $1.35M (-$1.12M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$943K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$274K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$18.7K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.13K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.37M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$19K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.28K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$474 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
1
Virtu KCG Holdings
New York
| $939K | +$943K | +19,884 | New |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $273K | +$274K | +5,776 | New |
|
|
AG
3
Advisor Group
Phoenix,
Arizona
| $48K | – | – | – |
|
|
FFW
4
Fusion Family Wealth
Woodbury,
New York
| $41K | +$41.5K | +876 | New |
|
|
MFS
5
MSI Financial Services
Springfield,
Massachusetts
| $19K | +$18.7K | +394 | New |
|
|
WA
6
WFG Advisors
Dallas,
Texas
| $12K | – | – | – |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $8K | -$474 | -10 | -6% |
|
|
8
UBS Group
Zurich,
Switzerland
| $5K | -$2.28K | -48 | -33% |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | +$2.13K | +45 | New |
|
|
10
Envestnet Asset Management
Chicago,
Illinois
| – | -$2.37M | -50,115 | Closed |
|
|
IA
11
IFP Advisors
Tampa,
Florida
| – | -$19K | -400 | Closed |
|
FMF Hedge Fund Activity: Q4 2016 in Review
9 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q4 2016, worth a combined $1.35M — down 45% from $2.46M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FMF positions and 2 closed out — a net gain of 3 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $943K. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $2.37M sold.
- 9 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q4 2016, up from 6 in Q3 2016.
- Funds reported $1.35M of First Trust Managed Futures Strategy Fund stock for Q4 2016, down 45% quarter-over-quarter.
- 5 funds opened new First Trust Managed Futures Strategy Fund positions in Q4 2016 and 2 closed out, a net change of +3 holders.
- The largest First Trust Managed Futures Strategy Fund buyer in Q4 2016 was Virtu KCG Holdings, an estimated $943K added.
- The largest First Trust Managed Futures Strategy Fund seller in Q4 2016 was Envestnet Asset Management, an estimated $2.37M sold.
Based on aggregated 13F filings for Q4 2016.