First Trust Global Tactical Commodity Strategy Fund
FTGC
42 hedge funds and large institutions have $145M invested in First Trust Global Tactical Commodity Strategy Fund in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
2% more funds holding
Funds holding: 41 → 42 (+1)
27% less capital invested
Capital invested by funds: $198M → $145M (-$52.4M)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMA
Efficient Market Advisors
San Diego,
California
|
+$10.8M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.75M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$2.35M |
| 4 |
SCM
Stonehearth Capital Management
Danvers,
Massachusetts
|
+$1.43M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Callan Capital
La Jolla,
California
|
-$18.7M |
| 2 |
CC
Curian Capital
Denver,
Colorado
|
-$12.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.98M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.73M |
| 5 |
Morgan Stanley
New York
|
-$4.78M |
FTGC Hedge Fund Activity: Q3 2015 in Review
42 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q3 2015, worth a combined $145M — down 27% from $198M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FTGC positions and 7 closed out — a net gain of 2 holders — while 12 added to existing stakes and 17 trimmed.
The largest buyer was Efficient Market Advisors, adding an estimated $10.8M. The largest seller was Callan Capital, exiting entirely with an estimated $18.7M sold.
- 42 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q3 2015, up from 41 in Q2 2015.
- Funds reported $145M of First Trust Global Tactical Commodity Strategy Fund stock for Q3 2015, down 27% quarter-over-quarter.
- 9 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q3 2015 and 7 closed out, a net change of +2 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q3 2015 was Efficient Market Advisors, an estimated $10.8M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q3 2015 was Callan Capital, an estimated $18.7M sold.
Based on aggregated 13F filings for Q3 2015.