FT Confluence BDC & Specialty Finance Income ETF
FBDC
14 hedge funds and large institutions have $7.36M invested in FT Confluence BDC & Specialty Finance Income ETF in 2026 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
0% more funds holding
Funds holding: 14 → 14 (0)
5.1% less ownership
Funds ownership: 26.68% → 21.58% (-5.1%)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
84% less capital inflows, than outflows
Capital inflows: $283K | Capital outflows: $1.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$263K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$6.52K |
| 3 |
UHLMANN PRICE SECURITIES
Skokie,
Illinois
|
+$5.54K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.09K |
| 5 |
SHP Wealth Management
Plymouth,
Massachusetts
|
+$3.45K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$917K |
| 2 |
LPL Financial
San Diego,
California
|
-$332K |
| 3 |
Jane Street
New York
|
-$263K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$128K |
| 5 |
Morgan Stanley
New York
|
-$79.3K |
FBDC Hedge Fund Activity: Q2 2026 in Review
14 of the 8,370 institutional investors tracked by Wall St. Rank reported a position in FT Confluence BDC & Specialty Finance Income ETF (FBDC) for Q2 2026, worth a combined $7.36M — down 17% from $8.89M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FBDC positions and 2 closed out — a net gain of 1 holder — while 4 added to existing stakes and 5 trimmed.
The largest buyer was MML Investors Services, opening a new position worth an estimated $263K. The largest seller was Goldman Sachs, cutting an estimated $917K.
- 14 institutional investors held FT Confluence BDC & Specialty Finance Income ETF (FBDC) as of Q2 2026, unchanged from Q1 2026.
- Funds reported $7.36M of FT Confluence BDC & Specialty Finance Income ETF stock for Q2 2026, down 17% quarter-over-quarter.
- 3 funds opened new FT Confluence BDC & Specialty Finance Income ETF positions in Q2 2026 and 2 closed out, a net change of +1 holder.
- The largest FT Confluence BDC & Specialty Finance Income ETF buyer in Q2 2026 was MML Investors Services, an estimated $263K added.
- The largest FT Confluence BDC & Specialty Finance Income ETF seller in Q2 2026 was Goldman Sachs, an estimated $917K sold.
Based on aggregated 13F filings for Q2 2026.