First Trust Global Tactical Commodity Strategy Fund
FTGC
263 hedge funds and large institutions have $1.75B invested in First Trust Global Tactical Commodity Strategy Fund in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 78 increasing their positions, 138 reducing their positions, and 30 closing their positions.
3% less funds holding
Funds holding: 271 → 263 (-8)
6.6% less ownership
Funds ownership: 83.19% → 76.59% (-6.6%)
13% less capital invested
Capital invested by funds: $2.01B → $1.75B (-$257M)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
20% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 30
43% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 138
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$55M |
| 2 |
GAA
Global Assets Advisory
Orlando,
Florida
|
+$14.9M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$6.37M |
| 4 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$5.96M |
| 5 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$5.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$194M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$118M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$27.6M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$15.9M |
| 5 |
LPL Financial
San Diego,
California
|
-$14.1M |
FTGC Hedge Fund Activity: Q1 2024 in Review
263 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q1 2024, worth a combined $1.75B — down 13% from $2.01B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FTGC and 24 opened new positions — a net loss of 6 holders — while 138 trimmed existing stakes and 78 added.
The largest buyer was Wells Fargo, adding an estimated $55M. The largest seller was Morgan Stanley, cutting an estimated $194M.
- 263 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q1 2024, down from 271 in Q4 2023.
- Funds reported $1.75B of First Trust Global Tactical Commodity Strategy Fund stock for Q1 2024, down 13% quarter-over-quarter.
- 24 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q1 2024 and 30 closed out, a net change of -6 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q1 2024 was Wells Fargo, an estimated $55M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q1 2024 was Morgan Stanley, an estimated $194M sold.
Based on aggregated 13F filings for Q1 2024.