First Trust Global Tactical Commodity Strategy Fund
FTGC
56 hedge funds and large institutions have $140M invested in First Trust Global Tactical Commodity Strategy Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 30 reducing their positions, and 9 closing their positions.
68.15% more ownership
Funds ownership: 0% → 68.15% (+68%)
0% more funds holding
Funds holding: 56 → 56 (0)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
26% less capital invested
Capital invested by funds: $190M → $140M (-$49.9M)
63% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$26.8M |
| 2 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$6.7M |
| 3 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
+$2.81M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$1.79M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EMA
Efficient Market Advisors
San Diego,
California
|
-$35.2M |
| 2 |
Morgan Stanley
New York
|
-$14M |
| 3 |
DCM
DeGreen Capital Management
Scottsdale,
Arizona
|
-$10.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$5.97M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$5.57M |
FTGC Hedge Fund Activity: Q4 2016 in Review
56 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q4 2016, worth a combined $140M — down 26% from $190M a quarter earlier.
Fund positioning in FTGC was balanced in Q4 2016: 9 funds opened new positions, 9 closed out, 11 added to existing stakes and 30 trimmed.
The largest buyer was Hays Advisory, opening a new position worth an estimated $26.8M. The largest seller was Efficient Market Advisors, cutting an estimated $35.2M.
- 56 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $140M of First Trust Global Tactical Commodity Strategy Fund stock for Q4 2016, down 26% quarter-over-quarter.
- 9 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q4 2016 and 9 closed out, a net change of 0 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q4 2016 was Hays Advisory, an estimated $26.8M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q4 2016 was Efficient Market Advisors, an estimated $35.2M sold.
Based on aggregated 13F filings for Q4 2016.