First Trust Managed Futures Strategy Fund
FMF
29 hedge funds and large institutions have $19.9M invested in First Trust Managed Futures Strategy Fund in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and 3 closing their positions.
400% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 3
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
72% more capital invested
Capital invested by funds: $11.6M → $19.9M (+$8.31M)
71% more funds holding
Funds holding: 17 → 29 (+12)
107.96% less ownership
Funds ownership: 177.25% → 69.28% (-108%)
Top Buyers
| 1 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$1.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.23M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.22M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.07M |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.05M |
Top Sellers
FMF Hedge Fund Activity: Q2 2020 in Review
29 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q2 2020, worth a combined $19.9M — up 72% from $11.6M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FMF positions and 3 closed out — a net gain of 12 holders — while 10 added to existing stakes and 2 trimmed.
The largest buyer was Avantax Advisory Services, opening a new position worth an estimated $1.9M. The largest seller was Synovus Financial, exiting entirely with an estimated $1.5M sold.
- 29 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q2 2020, up from 17 in Q1 2020.
- Funds reported $19.9M of First Trust Managed Futures Strategy Fund stock for Q2 2020, up 72% quarter-over-quarter.
- 15 funds opened new First Trust Managed Futures Strategy Fund positions in Q2 2020 and 3 closed out, a net change of +12 holders.
- The largest First Trust Managed Futures Strategy Fund buyer in Q2 2020 was Avantax Advisory Services, an estimated $1.9M added.
- The largest First Trust Managed Futures Strategy Fund seller in Q2 2020 was Synovus Financial, an estimated $1.5M sold.
Based on aggregated 13F filings for Q2 2020.