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First Trust Global Tactical Commodity Strategy Fund
FTGC

263 hedge funds and large institutions have $1.75B invested in First Trust Global Tactical Commodity Strategy Fund in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 78 increasing their positions, 138 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less funds holding

Funds holding: 271 → 263 (-8)

6.6% less ownership

Funds ownership: 83.19% → 76.59% (-6.6%)

13% less capital invested

Capital invested by funds: $2.01B → $1.75B (-$257M)

18% less funds holding in top 10

Funds holding in top 10: 11 → 9 (-2)

20% less first-time investments, than exits

New positions opened: 24 | Existing positions closed: 30

43% less repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 138

Holders
263
Holders Change
-8
Holders Change %
-2.95%
% of All Funds
3.79%
Holding in Top 10
9
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-18.18%
% of All Funds
0.13%
New
24
Increased
78
Reduced
138
Closed
30
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Wells Fargo
Wells Fargo
California
+$55M
2
GAA
Global Assets Advisory
Florida
+$14.9M
3
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$6.37M
4
FEG
Financial Enhancement Group
Indiana
+$5.96M
5
FAM
Flaharty Asset Management
Florida
+$5.07M

Top Sellers

1
Morgan Stanley
Morgan Stanley
New York
-$194M
2
First Trust Advisors
First Trust Advisors
Illinois
-$118M
3
UBS Group
UBS Group
Switzerland
-$27.6M
4
IA
IFP Advisors
Florida
-$15.9M
5
LPL Financial
LPL Financial
California
-$14.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
Wells Fargo
1
Wells Fargo
California
$816M +$55M +2,387,466 +7%
Morgan Stanley
2
Morgan Stanley
New York
$187M -$194M -8,424,588 -52%
LPL Financial
3
LPL Financial
California
$73.2M -$14.1M -610,457 -17%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$41.9M +$979K +42,491 +2%
MMA
5
Miracle Mile Advisors
California
$40M +$4.28M +185,673 +12%
UBS Group
6
UBS Group
Switzerland
$39M -$27.6M -1,199,445 -42%
GAA
7
Global Assets Advisory
Florida
$28.2M +$14.9M +646,825 +2,292%
FAM
8
Flaharty Asset Management
Florida
$22.7M +$5.07M +220,039 +30%
CAG
9
Csenge Advisory Group
Florida
$19.7M +$780K +33,880 +4%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$18.8M -$1.82M -79,138 -9%
CWP
11
Cyndeo Wealth Partners
Florida
$18.2M +$1.44M +62,473 +9%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$17M -$830K -36,044 -5%
FPGK
13
Financial Partners Group (Kansas)
Kansas
$15.3M -$5.09M -220,990 -26%
Osaic Holdings
14
Osaic Holdings
Arizona
$15.2M -$9.25M -401,512 -39%
Cetera Investment Advisers
15
Cetera Investment Advisers
Illinois
$14.1M +$6.37M +276,594 +88%
KAS
16
Kestra Advisory Services
Texas
$13.5M -$2.45M -106,279 -16%
MFG
17
Magnus Financial Group
New York
$12.7M -$11.2M -487,715 -48%
HWM
18
HFG Wealth Management
Texas
$11.2M +$561K +24,350 +5%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$10.9M -$798K -34,646 -7%
VA
20
Valmark Advisers
Ohio
$10.6M -$126K -5,483 -1%
Carson Wealth (CWM LLC)
21
Carson Wealth (CWM LLC)
Nebraska
$9.69M -$1.73M -75,319 -16%
PBF
22
Petix & Botte Financial
California
$8.53M -$8.52M -369,730 -51%
Northwestern Mutual Wealth Management
23
Northwestern Mutual Wealth Management
Wisconsin
$8.11M +$805K +34,939 +11%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$7.39M -$1.42M -61,723 -17%
RJA
25
Raymond James & Associates
Florida
$7.25M +$333K +14,462 +5%
1
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FTGC Hedge Fund Activity: Q1 2024 in Review

263 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Global Tactical Commodity Strategy Fund (FTGC) for Q1 2024, worth a combined $1.75B — down 13% from $2.01B a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of FTGC and 24 opened new positions — a net loss of 6 holders — while 138 trimmed existing stakes and 78 added.

The largest buyer was Wells Fargo, adding an estimated $55M. The largest seller was Morgan Stanley, cutting an estimated $194M.

  • 263 institutional investors held First Trust Global Tactical Commodity Strategy Fund (FTGC) as of Q1 2024, down from 271 in Q4 2023.
  • Funds reported $1.75B of First Trust Global Tactical Commodity Strategy Fund stock for Q1 2024, down 13% quarter-over-quarter.
  • 24 funds opened new First Trust Global Tactical Commodity Strategy Fund positions in Q1 2024 and 30 closed out, a net change of -6 holders.
  • The largest First Trust Global Tactical Commodity Strategy Fund buyer in Q1 2024 was Wells Fargo, an estimated $55M added.
  • The largest First Trust Global Tactical Commodity Strategy Fund seller in Q1 2024 was Morgan Stanley, an estimated $194M sold.

Based on aggregated 13F filings for Q1 2024.