First Trust Global Tactical Commodity Strategy Fund
FTGC
65 hedge funds and large institutions have $120M invested in First Trust Global Tactical Commodity Strategy Fund in 2018 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 15 increasing their positions, 22 reducing their positions, and 8 closing their positions.
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
35% more funds holding
Funds holding: 48 → 65 (+17)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.56% less ownership
Funds ownership: 70.68% → 69.12% (-1.6%)
24% less capital invested
Capital invested by funds: $158M → $120M (-$38.2M)
32% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$7.16M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.53M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.72M |
| 4 |
CA
Continuum Advisory
Eagle,
Idaho
|
+$982K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$956K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.39M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6.21M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.26M |
| 5 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$4.2M |
FTGC Hedge Fund Activity: Q4 2018 in Review
65 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q4 2018, worth a combined $120M — down 24% from $158M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FTGC positions and 8 closed out — a net gain of 17 holders — while 15 added to existing stakes and 22 trimmed.
The largest buyer was LPL Financial, adding an estimated $7.16M. The largest seller was Morgan Stanley, cutting an estimated $10.4M.
- 65 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q4 2018, up from 48 in Q3 2018.
- Funds reported $120M of First Trust Global Tactical Commodity Strategy Fund stock for Q4 2018, down 24% quarter-over-quarter.
- 25 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q4 2018 and 8 closed out, a net change of +17 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q4 2018 was LPL Financial, an estimated $7.16M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q4 2018 was Morgan Stanley, an estimated $10.4M sold.
Based on aggregated 13F filings for Q4 2018.