First Trust Global Tactical Commodity Strategy Fund
FTGC
291 hedge funds and large institutions have $2.13B invested in First Trust Global Tactical Commodity Strategy Fund in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 101 increasing their positions, 130 reducing their positions, and 41 closing their positions.
1.15% less ownership
Funds ownership: 73.61% → 72.46% (-1.2%)
5% less funds holding
Funds holding: 306 → 291 (-15)
12% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 41
22% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 130
24% less funds holding in top 10
Funds holding in top 10: 21 → 16 (-5)
55% less capital invested
Capital invested by funds: $4.78B → $2.13B (-$2.65B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWM
GDS Wealth Management
Flower Mound,
Texas
|
+$12M |
| 2 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$10.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.18M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.23M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$4.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$69.5M |
| 2 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
-$41.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$22.7M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$21.5M |
| 5 |
LPL Financial
San Diego,
California
|
-$15.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
326
VitalStone Financial
Shavano Park,
Texas
| – | -$5K | -187 | Closed |
|
327
JP Morgan Chase
New York
| – | -$4K | -150 | Closed |
|
|
CA
328
Crewe Advisors
Salt Lake City,
Utah
| – | -$3.53K | -144 | Closed |
|
329
Simplex Trading
Chicago,
Illinois
| – | -$2.57K | -108 | Closed |
|
|
LSA
330
Lansing Street Advisors
Ambler,
Pennsylvania
| – | -$2.13K | -87 | Closed |
|
|
DWA
331
Delos Wealth Advisors
Dallas,
Texas
| – | -$539 | -22 | Closed |
|
FTGC Hedge Fund Activity: Q1 2023 in Review
291 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q1 2023, worth a combined $2.13B — down 55% from $4.78B a quarter earlier.
Sellers outnumbered buyers: 41 funds closed out of FTGC and 36 opened new positions — a net loss of 5 holders — while 130 trimmed existing stakes and 101 added.
The largest buyer was GDS Wealth Management, adding an estimated $12M. The largest seller was Morgan Stanley, cutting an estimated $69.5M.
- 291 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q1 2023, down from 306 in Q4 2022.
- Funds reported $2.13B of First Trust Global Tactical Commodity Strategy Fund stock for Q1 2023, down 55% quarter-over-quarter.
- 36 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q1 2023 and 41 closed out, a net change of -5 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q1 2023 was GDS Wealth Management, an estimated $12M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q1 2023 was Morgan Stanley, an estimated $69.5M sold.
Based on aggregated 13F filings for Q1 2023.