First Trust Global Tactical Commodity Strategy Fund
FTGC
56 hedge funds and large institutions have $190M invested in First Trust Global Tactical Commodity Strategy Fund in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 15 reducing their positions, and 7 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 15
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
4% more funds holding
Funds holding: 54 → 56 (+2)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
36% less capital invested
Capital invested by funds: $296M → $190M (-$106M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$6.6M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$5.83M |
| 3 |
EMA
Efficient Market Advisors
San Diego,
California
|
+$5M |
| 4 |
Jane Street
New York
|
+$3.14M |
| 5 |
SG
Strid Group
Newtown Square,
Pennsylvania
|
+$2.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$62.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$46.1M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$8.34M |
| 4 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$7.92M |
| 5 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$7.15M |
FTGC Hedge Fund Activity: Q3 2016 in Review
56 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q3 2016, worth a combined $190M — down 36% from $296M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FTGC positions and 7 closed out — a net gain of 2 holders — while 24 added to existing stakes and 15 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $6.6M. The largest seller was Hays Advisory, exiting entirely with an estimated $62.4M sold.
- 56 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q3 2016, up from 54 in Q2 2016.
- Funds reported $190M of First Trust Global Tactical Commodity Strategy Fund stock for Q3 2016, down 36% quarter-over-quarter.
- 9 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q3 2016 and 7 closed out, a net change of +2 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q3 2016 was Millennium Management, an estimated $6.6M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q3 2016 was Hays Advisory, an estimated $62.4M sold.
Based on aggregated 13F filings for Q3 2016.