KFA Mount Lucas Managed Futures Index Strategy ETF
KMLM
51 hedge funds and large institutions have $63.9M invested in KFA Mount Lucas Managed Futures Index Strategy ETF in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
4% more funds holding
Funds holding: 49 → 51 (+2)
1.98% more ownership
Funds ownership: 33.42% → 35.4% (+2%)
0% more capital invested
Capital invested by funds: $63.7M → $63.9M (+$145K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFSG
Sound Financial Strategies Group
Madison,
Mississippi
|
+$1.68M |
| 2 |
TA
Tactive Advisors
Jacksonville,
Florida
|
+$809K |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$679K |
| 4 |
BFA
Blueprint Financial Advisors
Greensboto,
North Carolina
|
+$540K |
| 5 |
BIP
Blueprint Investment Partners
Greensboro,
North Carolina
|
+$540K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Ancora Advisors
Cleveland,
Ohio
|
-$3.6M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.92M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.36M |
| 4 |
Jane Street
New York
|
-$740K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$458K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCMI
51
Creative Capital Management Investments
San Diego,
California
| $108 | – | – | – |
|
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.36M | -51,580 | Closed |
|
|
53
Jane Street
New York
| – | -$740K | -28,051 | Closed |
|
|
54
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$458K | -17,356 | Closed |
|
|
IA
55
Integrity Alliance
Urbandale,
Iowa
| – | -$372K | -14,098 | Closed |
|
|
HF
56
HRT Financial
New York
| – | -$275K | -10,446 | Closed |
|
|
TSS
57
Two Sigma Securities
New York
| – | -$206K | -7,803 | Closed |
|
58
Simplex Trading
Chicago,
Illinois
| – | -$9K | -342 | Closed |
|
KMLM Hedge Fund Activity: Q3 2025 in Review
51 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in KFA Mount Lucas Managed Futures Index Strategy ETF (KMLM) for Q3 2025, worth a combined $63.9M — up 0.23% from $63.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KMLM positions and 7 closed out — a net gain of 2 holders — while 18 added to existing stakes and 20 trimmed.
The largest buyer was Sound Financial Strategies Group, opening a new position worth an estimated $1.68M. The largest seller was Ancora Advisors, cutting an estimated $3.6M.
- 51 institutional investors held KFA Mount Lucas Managed Futures Index Strategy ETF (KMLM) as of Q3 2025, up from 49 in Q2 2025.
- Funds reported $63.9M of KFA Mount Lucas Managed Futures Index Strategy ETF stock for Q3 2025, up 0.23% quarter-over-quarter.
- 9 funds opened new KFA Mount Lucas Managed Futures Index Strategy ETF positions in Q3 2025 and 7 closed out, a net change of +2 holders.
- The largest KFA Mount Lucas Managed Futures Index Strategy ETF buyer in Q3 2025 was Sound Financial Strategies Group, an estimated $1.68M added.
- The largest KFA Mount Lucas Managed Futures Index Strategy ETF seller in Q3 2025 was Ancora Advisors, an estimated $3.6M sold.
Based on aggregated 13F filings for Q3 2025.