First Trust Managed Futures Strategy Fund
FMF
4 hedge funds and large institutions have $792K invested in First Trust Managed Futures Strategy Fund in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and 5 closing their positions.
5.63% less ownership
Funds ownership: 14.25% → 8.62% (-5.6%)
41% less capital invested
Capital invested by funds: $1.35M → $792K (-$555K)
56% less funds holding
Funds holding: 9 → 4 (-5)
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$743 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$273K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$173K |
| 3 |
FFW
Fusion Family Wealth
Woodbury,
New York
|
-$41K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
-$12K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
1
Virtu KCG Holdings
New York
| $742K | -$173K | -3,723 | -19% |
|
|
AG
2
Advisor Group
Phoenix,
Arizona
| $47K | – | – | – |
|
|
LTFS
3
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
IA
4
IFP Advisors
Tampa,
Florida
| $1K | +$743 | +16 | New |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$273K | -5,776 | Closed |
|
|
FFW
6
Fusion Family Wealth
Woodbury,
New York
| – | -$41K | -876 | Closed |
|
|
WA
7
WFG Advisors
Dallas,
Texas
| – | -$12K | -250 | Closed |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$8K | -159 | Closed |
|
9
UBS Group
Zurich,
Switzerland
| – | -$5K | -96 | Closed |
|
FMF Hedge Fund Activity: Q1 2017 in Review
4 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q1 2017, worth a combined $792K — down 41% from $1.35M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FMF and 1 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was IFP Advisors, opening a new position worth an estimated $743. The largest seller was Susquehanna International Group, exiting entirely with an estimated $273K sold.
- 4 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q1 2017, down from 9 in Q4 2016.
- Funds reported $792K of First Trust Managed Futures Strategy Fund stock for Q1 2017, down 41% quarter-over-quarter.
- 1 fund opened new First Trust Managed Futures Strategy Fund positions in Q1 2017 and 5 closed out, a net change of -4 holders.
- The largest First Trust Managed Futures Strategy Fund buyer in Q1 2017 was IFP Advisors, an estimated $743 added.
- The largest First Trust Managed Futures Strategy Fund seller in Q1 2017 was Susquehanna International Group, an estimated $273K sold.
Based on aggregated 13F filings for Q1 2017.