First Trust Global Tactical Commodity Strategy Fund
FTGC
279 hedge funds and large institutions have $1.92B invested in First Trust Global Tactical Commodity Strategy Fund in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 87 increasing their positions, 146 reducing their positions, and 31 closing their positions.
1.58% more ownership
Funds ownership: 72.46% → 74.03% (+1.6%)
4% less funds holding
Funds holding: 291 → 279 (-12)
10% less capital invested
Capital invested by funds: $2.13B → $1.92B (-$204M)
19% less funds holding in top 10
Funds holding in top 10: 16 → 13 (-3)
23% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 31
40% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 146
Top Buyers
| 1 |
Wells Fargo
San Francisco,
California
|
+$76.4M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$25.4M |
| 3 |
MFG
Magnus Financial Group
New York
|
+$21.4M |
| 4 |
Jane Street
New York
|
+$14.3M |
| 5 |
PBF
Petix & Botte Financial
La Mesa,
California
|
+$8.84M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$72M |
| 2 |
GWM
GDS Wealth Management
Flower Mound,
Texas
|
-$26.4M |
| 3 |
LPL Financial
San Diego,
California
|
-$24.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$18M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$15.6M |
FTGC Hedge Fund Activity: Q2 2023 in Review
279 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q2 2023, worth a combined $1.92B — down 9.6% from $2.13B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of FTGC and 24 opened new positions — a net loss of 7 holders — while 146 trimmed existing stakes and 87 added.
The largest buyer was Wells Fargo, adding an estimated $76.4M. The largest seller was Morgan Stanley, cutting an estimated $72M.
- 279 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q2 2023, down from 291 in Q1 2023.
- Funds reported $1.92B of First Trust Global Tactical Commodity Strategy Fund stock for Q2 2023, down 9.6% quarter-over-quarter.
- 24 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q2 2023 and 31 closed out, a net change of -7 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q2 2023 was Wells Fargo, an estimated $76.4M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q2 2023 was Morgan Stanley, an estimated $72M sold.
Based on aggregated 13F filings for Q2 2023.