First Trust Global Tactical Commodity Strategy Fund
FTGC
38 hedge funds and large institutions have $50.2M invested in First Trust Global Tactical Commodity Strategy Fund in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 17 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9.32% less ownership
Funds ownership: 43.63% → 34.31% (-9.3%)
25% less funds holding
Funds holding: 51 → 38 (-13)
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
54% less capital inflows, than outflows
Capital inflows: $6.84M | Capital outflows: $15M
71% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Karp Capital Management
Sausalito,
California
|
+$2.83M |
| 2 |
Morgan Stanley
New York
|
+$1.67M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$792K |
| 4 |
Csenge Advisory Group
Clearwater,
Florida
|
+$594K |
| 5 |
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.39M |
| 2 |
JP Morgan Chase
New York
|
-$1.65M |
| 3 |
Avantax Advisory Services
Dallas,
Texas
|
-$1.37M |
| 4 |
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.37M |
| 5 |
IFP Advisors
Tampa,
Florida
|
-$1.18M |
FTGC Hedge Fund Activity: Q2 2020 in Review
38 of the 4,890 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q2 2020, worth a combined $50.2M — down 7.6% from $54.4M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FTGC and 5 opened new positions — a net loss of 12 holders — while 16 trimmed existing stakes and 9 added.
The largest buyer was Karp Capital Management, opening a new position worth an estimated $2.83M. The largest seller was Wells Fargo, cutting an estimated $4.39M.
- 38 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q2 2020, down from 51 in Q1 2020.
- Funds reported $50.2M of First Trust Global Tactical Commodity Strategy Fund stock for Q2 2020, down 7.6% quarter-over-quarter.
- 5 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q2 2020 and 17 closed out, a net change of -12 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q2 2020 was Karp Capital Management, an estimated $2.83M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q2 2020 was Wells Fargo, an estimated $4.39M sold.
Based on aggregated 13F filings for Q2 2020.