First Trust Global Tactical Commodity Strategy Fund
FTGC
292 hedge funds and large institutions have $2.15B invested in First Trust Global Tactical Commodity Strategy Fund in 2023 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 101 increasing their positions, 131 reducing their positions, and 40 closing their positions.
1.14% less ownership
Funds ownership: 73.61% → 72.47% (-1.1%)
5% less funds holding
Funds holding: 306 → 292 (-14)
10% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 40
13% less capital invested
Capital invested by funds: $2.48B → $2.15B (-$334M)
23% less repeat investments, than reductions
Existing positions increased: 101 | Existing positions reduced: 131
24% less funds holding in top 10
Funds holding in top 10: 21 → 16 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWM
GDS Wealth Management
Flower Mound,
Texas
|
+$12M |
| 2 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$10.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.18M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$5.23M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$4.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$69.5M |
| 2 |
AP
Atwood & Palmer
Kansas City,
Missouri
|
-$41.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$22.7M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$21.5M |
| 5 |
LPL Financial
San Diego,
California
|
-$15.8M |
FTGC Hedge Fund Activity: Q1 2023 in Review
292 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q1 2023, worth a combined $2.15B — down 13% from $2.48B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of FTGC and 36 opened new positions — a net loss of 4 holders — while 131 trimmed existing stakes and 101 added.
The largest buyer was GDS Wealth Management, adding an estimated $12M. The largest seller was Morgan Stanley, cutting an estimated $69.5M.
- 292 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q1 2023, down from 306 in Q4 2022.
- Funds reported $2.15B of First Trust Global Tactical Commodity Strategy Fund stock for Q1 2023, down 13% quarter-over-quarter.
- 36 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q1 2023 and 40 closed out, a net change of -4 holders.
- The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q1 2023 was GDS Wealth Management, an estimated $12M added.
- The largest First Trust Global Tactical Commodity Strategy Fund seller in Q1 2023 was Morgan Stanley, an estimated $69.5M sold.
Based on aggregated 13F filings for Q1 2023.