First Trust Global Tactical Commodity Strategy Fund
FTGC
51 hedge funds and large institutions have $54.4M invested in First Trust Global Tactical Commodity Strategy Fund in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 25 reducing their positions, and 11 closing their positions.
7% less funds holding
Funds holding: 55 → 51 (-4)
10.68% less ownership
Funds ownership: 71.41% → 60.73% (-11%)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less capital invested
Capital invested by funds: $118M → $54.4M (-$63.3M)
72% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.99M |
| 2 |
JP Morgan Chase
New York
|
+$1.94M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.76M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.3M |
| 5 |
CWA
Clarus Wealth Advisors
Peoria,
Arizona
|
+$554K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$25.7M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.62M |
| 3 |
WA
Wealth Alliance
Mellville,
New York
|
-$3.59M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.83M |
| 5 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$1.77M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
51
Cetera Advisors
Denver,
Colorado
| – | -$483K | -25,535 | Closed |
|
|
PAG
52
Private Advisor Group
Morristown,
New Jersey
| – | -$452K | -23,882 | Closed |
|
|
RA
53
RFG Advisory
Birmingham,
Alabama
| – | -$371K | -19,627 | Closed |
|
54
Koshinski Asset Management
Decatur,
Illinois
| – | -$362K | -19,042 | Closed |
|
|
LSPW
55
Lake Street Private Wealth
Chicago,
Illinois
| – | -$328K | -17,351 | Closed |
|
|
SPC
56
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$316K | -16,676 | Closed |
|
57
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$298K | -15,770 | Closed |
|
|
AWM
58
AE Wealth Management
Topeka,
Kansas
| – | -$294K | -15,522 | Closed |
|
|
SS
59
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$260K | -13,757 | Closed |
|
|
SF
60
Synovus Financial
Columbus,
Georgia
| – | -$87.1K | -5,103 | -100% |
|
61
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5K | -250 | Closed |
|
|
LAS
62
Lloyd Advisory Services
Suwanee,
Georgia
| – | -$2.56K | -150 | -99% |
|
FTGC Hedge Fund Activity: Q1 2020 in Review
51 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q1 2020, worth a combined $54.4M — down 54% from $118M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FTGC and 9 opened new positions — a net loss of 2 holders — while 25 trimmed existing stakes and 7 added.
The largest buyer was Wells Fargo, adding an estimated $3.99M. The largest seller was Brinker Capital Investments, cutting an estimated $25.7M.
- 51 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q1 2020, down from 55 in Q4 2019.
- Funds reported $54.4M of First Trust Global Tactical Commodity Strategy Fund stock for Q1 2020, down 54% quarter-over-quarter.
- 9 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q1 2020 and 11 closed out, a net change of -2 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q1 2020 was Wells Fargo, an estimated $3.99M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q1 2020 was Brinker Capital Investments, an estimated $25.7M sold.
Based on aggregated 13F filings for Q1 2020.