First Trust Managed Futures Strategy Fund
FMF
6 hedge funds and large institutions have $1.52M invested in First Trust Managed Futures Strategy Fund in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
11.51% less ownership
Funds ownership: 24.64% → 13.13% (-12%)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
33% less capital invested
Capital invested by funds: $2.26M → $1.52M (-$738K)
33% less funds holding
Funds holding: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$254K |
| 2 |
LPL Financial
San Diego,
California
|
+$239K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.21K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$92 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$483K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$47K |
| 3 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
-$22K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$4K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $999K | -$483K | -10,495 | -33% |
|
|
VF
2
Virtu Financial
New York
| $256K | +$254K | +5,515 | New |
|
|
3
LPL Financial
San Diego,
California
| $241K | +$239K | +5,199 | New |
|
|
BTIS
4
BB&T Investment Services
Charlotte,
North Carolina
| $18K | – | – | – |
|
|
5
UBS Group
Zurich,
Switzerland
| $6K | +$6.21K | +135 | New |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | +$92 | +2 | +4% |
|
|
AG
7
Advisor Group
Phoenix,
Arizona
| – | -$47K | -1,015 | Closed |
|
|
VWA
8
V Wealth Advisors
Overland Park,
Kansas
| – | -$22K | -483 | Closed |
|
|
DADC
9
D.A. Davidson & Co
Great Falls,
Montana
| – | -$4K | -104 | Closed |
|
|
IA
10
IFP Advisors
Tampa,
Florida
| – | -$1K | -16 | Closed |
|
FMF Hedge Fund Activity: Q3 2017 in Review
6 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q3 2017, worth a combined $1.52M — down 33% from $2.26M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FMF and 3 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $254K. The largest seller was Susquehanna International Group, cutting an estimated $483K.
- 6 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q3 2017, down from 9 in Q2 2017.
- Funds reported $1.52M of First Trust Managed Futures Strategy Fund stock for Q3 2017, down 33% quarter-over-quarter.
- 3 funds opened new First Trust Managed Futures Strategy Fund positions in Q3 2017 and 4 closed out, a net change of -1 holder.
- The largest First Trust Managed Futures Strategy Fund buyer in Q3 2017 was Virtu Financial, an estimated $254K added.
- The largest First Trust Managed Futures Strategy Fund seller in Q3 2017 was Susquehanna International Group, an estimated $483K sold.
Based on aggregated 13F filings for Q3 2017.