First Trust SSI Strategic Convertible Securities ETF
FCVT
61 hedge funds and large institutions have $86.8M invested in First Trust SSI Strategic Convertible Securities ETF in 2026 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 12 closing their positions.
13% more capital invested
Capital invested by funds: $76.8M → $86.8M (+$10M)
0.59% less ownership
Funds ownership: 72.4% → 71.81% (-0.59%)
5% less funds holding
Funds holding: 64 → 61 (-3)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
27% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$5.65M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.35M |
| 3 |
EC
Elequin Capital
New York
|
+$2.53M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$584K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$568K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.62M |
| 2 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$3.18M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.28M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$2.26M |
| 5 |
FFAS
FIG Financial Advisory Services
Oklahoma City,
Oklahoma
|
-$2.2M |
FCVT Hedge Fund Activity: Q2 2026 in Review
61 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q2 2026, worth a combined $86.8M — up 13% from $76.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FCVT and 10 opened new positions — a net loss of 2 holders — while 22 trimmed existing stakes and 16 added.
The largest buyer was Concurrent Investment Advisors, adding an estimated $5.65M. The largest seller was Jane Street, cutting an estimated $3.62M.
- 61 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q2 2026, down from 64 in Q1 2026.
- Funds reported $86.8M of First Trust SSI Strategic Convertible Securities ETF stock for Q2 2026, up 13% quarter-over-quarter.
- 10 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q2 2026 and 12 closed out, a net change of -2 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q2 2026 was Concurrent Investment Advisors, an estimated $5.65M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q2 2026 was Jane Street, an estimated $3.62M sold.
Based on aggregated 13F filings for Q2 2026.