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 |
KMLM Hedge Fund Activity: Q3 2025 in Review
51 of the 7,640 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.