We are live on ! Find out more
FBDC

FT Confluence BDC & Specialty Finance Income ETF
FBDC

34 hedge funds and large institutions have $23.2M invested in FT Confluence BDC & Specialty Finance Income ETF in 2025 Q2 according to their latest regulatory filings, with 34 funds opening new positions, increasing their positions, reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
34
Holders Change
+34
Holders Change %
–
% of All Funds
0.45%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
34
Increased
–
Reduced
–
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SIA
Sit Investment Associates
Minnesota
+$5.93M
2
LPL Financial
LPL Financial
California
+$5.3M
3
Morgan Stanley
Morgan Stanley
New York
+$2.9M
4
AC
Almitas Capital
California
+$894K
5
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$711K

Top Sellers

No sellers this quarter
Name Holding Trade Value Shares
Change 		Change in
Stake
SIA
1
Sit Investment Associates
Minnesota
$5.93M +$5.93M +283,082 New
LPL Financial
2
LPL Financial
California
$5.3M +$5.3M +253,190 New
Morgan Stanley
3
Morgan Stanley
New York
$2.9M +$2.9M +138,554 New
AAS
4
Asset Allocation Strategies
Michigan
$2.79M +$657K +31,381 New
AC
5
Almitas Capital
California
$894K +$894K +42,651 New
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$711K +$711K +33,930 New
AFG
7
Atomi Financial Group
New York
$619K +$619K +29,524 New
NFSG
8
Newbridge Financial Services Group
Florida
$619K +$619K +29,524 New
CL
9
CSS LLC
Illinois
$499K +$499K +23,830 New
GLA
10
Good Life Advisors
Pennsylvania
$424K +$424K +20,244 New
NS
11
NBC Securities
Alabama
$355K +$356K +16,981 New
AW
12
Atlas Wealth
Ohio
$311K +$311K +14,866 New
Wells Fargo
13
Wells Fargo
California
$304K +$304K +14,519 New
UPS
14
UHLMANN PRICE SECURITIES
Illinois
$278K +$278K +13,290 New
SFC
15
SYM Financial Corp
Indiana
$254K +$254K +12,109 New
YCM
16
Yakira Capital Management
Connecticut
$145K +$145K +6,921 New
Jane Street
17
Jane Street
New York
$105K +$105K +4,998 New
Carson Wealth (CWM LLC)
18
Carson Wealth (CWM LLC)
Nebraska
$91K +$91.2K +4,353 New
Goldman Sachs
19
Goldman Sachs
New York
$88.7K +$88.7K +4,232 New
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$84K +$83.6K +3,991 New
MCM
21
Mendel Capital Management
Arkansas
$83.5K +$83.5K +3,988 New
Cetera Investment Advisers
22
Cetera Investment Advisers
Illinois
$64.3K +$64.3K +3,068 New
Osaic Holdings
23
Osaic Holdings
Arizona
$54.2K +$54.4K +2,595 New
KAS
24
KPP Advisory Services
Kentucky
$52.4K +$52.4K +2,500 New
BAM
25
Belpointe Asset Management
Nevada
$43K +$42.9K +2,050 New
1
2

FBDC Hedge Fund Activity: Q2 2025 in Review

34 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in FT Confluence BDC & Specialty Finance Income ETF (FBDC) for Q2 2025, worth a combined $23.2M.

Buyers outnumbered sellers: 34 funds opened new FBDC positions and 0 closed out — a net gain of 34 holders — while 0 added to existing stakes and 0 trimmed.

The largest buyer was Sit Investment Associates, opening a new position worth an estimated $5.93M.

  • 34 institutional investors held FT Confluence BDC & Specialty Finance Income ETF (FBDC) as of Q2 2025, up from 0 in Q1 2025.
  • Funds reported $23.2M of FT Confluence BDC & Specialty Finance Income ETF stock for Q2 2025.
  • 34 funds opened new FT Confluence BDC & Specialty Finance Income ETF positions in Q2 2025 and 0 closed out, a net change of +34 holders.
  • The largest FT Confluence BDC & Specialty Finance Income ETF buyer in Q2 2025 was Sit Investment Associates, an estimated $5.93M added.

Based on aggregated 13F filings for Q2 2025.