First Trust Global Tactical Commodity Strategy Fund
FTGC
33 hedge funds and large institutions have $138M invested in First Trust Global Tactical Commodity Strategy Fund in 2014 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and 1 closing their positions.
1,800% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 1
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
120% more funds holding
Funds holding: 15 → 33 (+18)
115% more capital invested
Capital invested by funds: $64.1M → $138M (+$73.7M)
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMA
Efficient Market Advisors
San Diego,
California
|
+$18.1M |
| 2 |
Morgan Stanley
New York
|
+$16.2M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
+$13M |
| 4 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$8M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$509K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$2K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$102 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWM
26
B. Riley Wealth Management
Memphis,
Tennessee
| $79K | – | – | – |
|
|
RIA
27
Regal Investment Advisors
Kentwood,
Michigan
| $30K | +$30.7K | +900 | New |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| $19K | +$20.4K | +600 | New |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $10K | +$10.2K | +300 | New |
|
|
WA
30
WFG Advisors
Dallas,
Texas
| $7K | – | – | – |
|
31
Citigroup
New York
| $5K | +$5.11K | +150 | New |
|
|
BCI
32
Brinker Capital Investments
Berwyn,
Pennsylvania
| $5K | +$5.35K | +157 | New |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $2K | -$102 | -3 | -4% |
|
|
U
34
UBS
Zurich,
Switzerland
| – | -$2K | -52 | Closed |
|
FTGC Hedge Fund Activity: Q2 2014 in Review
33 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q2 2014, worth a combined $138M — up 115% from $64.1M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FTGC positions and 1 closed out — a net gain of 18 holders — while 10 added to existing stakes and 2 trimmed.
The largest buyer was Efficient Market Advisors, opening a new position worth an estimated $18.1M. The largest seller was Stifel Financial, cutting an estimated $509K.
- 33 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q2 2014, up from 15 in Q1 2014.
- Funds reported $138M of First Trust Global Tactical Commodity Strategy Fund stock for Q2 2014, up 115% quarter-over-quarter.
- 19 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q2 2014 and 1 closed out, a net change of +18 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q2 2014 was Efficient Market Advisors, an estimated $18.1M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q2 2014 was Stifel Financial, an estimated $509K sold.
Based on aggregated 13F filings for Q2 2014.