First Trust Managed Futures Strategy Fund
FMF
39 hedge funds and large institutions have $34M invested in First Trust Managed Futures Strategy Fund in 2021 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
18% more funds holding
Funds holding: 33 → 39 (+6)
9% more capital invested
Capital invested by funds: $31.2M → $34M (+$2.78M)
8.72% less ownership
Funds ownership: 76.54% → 67.82% (-8.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.38M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.22M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$665K |
| 4 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
+$472K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.12M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$593K |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$540K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$384K |
| 5 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$222K |
FMF Hedge Fund Activity: Q1 2021 in Review
39 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Managed Futures Strategy Fund (FMF) for Q1 2021, worth a combined $34M — up 8.9% from $31.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FMF positions and 3 closed out — a net gain of 7 holders — while 16 added to existing stakes and 10 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $1.38M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.12M sold.
- 39 institutional investors held First Trust Managed Futures Strategy Fund (FMF) as of Q1 2021, up from 33 in Q4 2020.
- Funds reported $34M of First Trust Managed Futures Strategy Fund stock for Q1 2021, up 8.9% quarter-over-quarter.
- 10 funds opened new First Trust Managed Futures Strategy Fund positions in Q1 2021 and 3 closed out, a net change of +7 holders.
- The largest First Trust Managed Futures Strategy Fund buyer in Q1 2021 was Envestnet Asset Management, an estimated $1.38M added.
- The largest First Trust Managed Futures Strategy Fund seller in Q1 2021 was Susquehanna International Group, an estimated $2.12M sold.
Based on aggregated 13F filings for Q1 2021.