First Trust Global Tactical Commodity Strategy Fund
FTGC
47 hedge funds and large institutions have $156M invested in First Trust Global Tactical Commodity Strategy Fund in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 22 reducing their positions, and 17 closing their positions.
0.3% less ownership
Funds ownership: 70.64% → 70.35% (-0.3%)
16% less funds holding
Funds holding: 56 → 47 (-9)
28% less capital invested
Capital invested by funds: $216M → $156M (-$59.4M)
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.97M |
| 2 |
Jane Street
New York
|
+$1.9M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$532K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$481K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$458K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$12.9M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$11.7M |
| 3 |
LPL Financial
San Diego,
California
|
-$5.58M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.4M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$3.21M |
FTGC Hedge Fund Activity: Q3 2018 in Review
47 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q3 2018, worth a combined $156M — down 28% from $216M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FTGC and 8 opened new positions — a net loss of 9 holders — while 22 trimmed existing stakes and 14 added.
The largest buyer was Wells Fargo, adding an estimated $1.97M. The largest seller was Global Financial Private Capital, cutting an estimated $12.9M.
- 47 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q3 2018, down from 56 in Q2 2018.
- Funds reported $156M of First Trust Global Tactical Commodity Strategy Fund stock for Q3 2018, down 28% quarter-over-quarter.
- 8 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q3 2018 and 17 closed out, a net change of -9 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q3 2018 was Wells Fargo, an estimated $1.97M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q3 2018 was Global Financial Private Capital, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2018.