First Trust Global Tactical Commodity Strategy Fund
FTGC
43 hedge funds and large institutions have $91.3M invested in First Trust Global Tactical Commodity Strategy Fund in 2017 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 13 increasing their positions, 19 reducing their positions, and 12 closing their positions.
23% less funds holding
Funds holding: 56 → 43 (-13)
32% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 19
36.56% less ownership
Funds ownership: 107.01% → 70.45% (-37%)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
76% less capital inflows, than outflows
Capital inflows: $14.5M | Capital outflows: $61M
92% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.77M |
| 2 |
Comerica Securities
Detroit,
Michigan
|
+$2.73M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.51M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.5M |
| 5 |
Proficio Capital Partners
Newton,
Massachusetts
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$26.7M |
| 2 |
Morgan Stanley
New York
|
-$7.65M |
| 3 |
Legacy Private Trust
Neenah,
Wisconsin
|
-$6.69M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.37M |
| 5 |
United Services Automobile Association
San Antonio,
Texas
|
-$3.08M |
FTGC Hedge Fund Activity: Q1 2017 in Review
43 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q1 2017, worth a combined $91.3M — down 35% from $140M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FTGC and 1 opened new positions — a net loss of 11 holders — while 19 trimmed existing stakes and 13 added.
The largest buyer was Wells Fargo, adding an estimated $5.77M. The largest seller was Hays Advisory, exiting entirely with an estimated $26.7M sold.
- 43 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q1 2017, down from 56 in Q4 2016.
- Funds reported $91.3M of First Trust Global Tactical Commodity Strategy Fund stock for Q1 2017, down 35% quarter-over-quarter.
- 1 fund opened new First Trust Global Tactical Commodity Strategy Fund positions in Q1 2017 and 12 closed out, a net change of -11 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q1 2017 was Wells Fargo, an estimated $5.77M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q1 2017 was Hays Advisory, an estimated $26.7M sold.
Based on aggregated 13F filings for Q1 2017.