First Trust Global Tactical Commodity Strategy Fund
FTGC
34 hedge funds and large institutions have $133M invested in First Trust Global Tactical Commodity Strategy Fund in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 6 reducing their positions, and 10 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 6
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
3% more funds holding
Funds holding: 33 → 34 (+1)
4% less capital invested
Capital invested by funds: $138M → $133M (-$4.85M)
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$68.1M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$9.84M |
| 3 |
Morgan Stanley
New York
|
+$6.66M |
| 4 |
EMA
Efficient Market Advisors
San Diego,
California
|
+$2.24M |
| 5 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$49.1M |
| 2 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$18.5M |
| 3 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$7.94M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$2.04M |
| 5 |
VAM
Visionary Asset Management
Houston,
Texas
|
-$1.7M |
FTGC Hedge Fund Activity: Q3 2014 in Review
34 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q3 2014, worth a combined $133M — down 3.5% from $138M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FTGC positions and 10 closed out — a net gain of 1 holder — while 15 added to existing stakes and 6 trimmed.
The largest buyer was Wells Fargo, adding an estimated $68.1M. The largest seller was Hays Advisory, exiting entirely with an estimated $49.1M sold.
- 34 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q3 2014, up from 33 in Q2 2014.
- Funds reported $133M of First Trust Global Tactical Commodity Strategy Fund stock for Q3 2014, down 3.5% quarter-over-quarter.
- 11 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q3 2014 and 10 closed out, a net change of +1 holder.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q3 2014 was Wells Fargo, an estimated $68.1M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q3 2014 was Hays Advisory, an estimated $49.1M sold.
Based on aggregated 13F filings for Q3 2014.