First Trust Managed Futures Strategy Fund
FMF
9 hedge funds and large institutions have $5.64M invested in First Trust Managed Futures Strategy Fund in 2019 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 2 closing their positions.
6% more capital invested
Capital invested by funds: $5.3M → $5.64M (+$341K)
6.35% more ownership
Funds ownership: 59.45% → 65.8% (+6.3%)
18% less funds holding
Funds holding: 11 → 9 (-2)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$917K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$577K |
| 3 |
LPL Financial
San Diego,
California
|
-$36.6K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$7.37K |
| 5 |
FGAM
Financial Gravity Asset Management
Lakeway,
Texas
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $3.11M | +$2.09M | +47,621 | +191% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $1.82M | -$917K | -20,895 | -33% |
|
|
3
LPL Financial
San Diego,
California
| $313K | -$36.6K | -834 | -10% |
|
|
DADC
4
D.A. Davidson & Co
Great Falls,
Montana
| $201K | – | – | – |
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $156K | – | – | – |
|
|
IA
6
IFP Advisors
Tampa,
Florida
| $10K | -$1.54K | -35 | -14% |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $9K | -$7.37K | -168 | -40% |
|
8
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $9K | – | – | – |
|
9
Fifth Third Bancorp
Cincinnati,
Ohio
| $7K | – | – | – |
|
|
10
Citadel Advisors
Miami,
Florida
| – | -$577K | -12,950 | Closed |
|
|
FGAM
11
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$2K | -40 | Closed |
|
FMF Hedge Fund Activity: Q4 2019 in Review
9 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q4 2019, worth a combined $5.64M — up 6.4% from $5.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FMF and 0 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, adding an estimated $2.09M. The largest seller was Envestnet Asset Management, cutting an estimated $917K.
- 9 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q4 2019, down from 11 in Q3 2019.
- Funds reported $5.64M of First Trust Managed Futures Strategy Fund stock for Q4 2019, up 6.4% quarter-over-quarter.
- 0 funds opened new First Trust Managed Futures Strategy Fund positions in Q4 2019 and 2 closed out, a net change of -2 holders.
- The largest First Trust Managed Futures Strategy Fund buyer in Q4 2019 was Susquehanna International Group, an estimated $2.09M added.
- The largest First Trust Managed Futures Strategy Fund seller in Q4 2019 was Envestnet Asset Management, an estimated $917K sold.
Based on aggregated 13F filings for Q4 2019.