First Trust SSI Strategic Convertible Securities ETF
FCVT
29 hedge funds and large institutions have $39.6M invested in First Trust SSI Strategic Convertible Securities ETF in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
16% more funds holding
Funds holding: 25 → 29 (+4)
2% more capital invested
Capital invested by funds: $38.6M → $39.6M (+$933K)
1.92% less ownership
Funds ownership: 70.93% → 69.02% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.04M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.06M |
| 3 |
VF
Virtu Financial
New York
|
+$600K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$485K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$462K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.04M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.55M |
| 3 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$361K |
| 4 |
LPL Financial
San Diego,
California
|
-$296K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$256K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTIS
26
BB&T Investment Services
Charlotte,
North Carolina
| $16K | – | – | – |
|
27
Fifth Third Bancorp
Cincinnati,
Ohio
| $9K | +$8.72K | +301 | New |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $4K | – | – | – |
|
|
BFEC
29
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $1K | +$986 | +34 | New |
|
|
JIP
30
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$361K | -12,586 | Closed |
|
|
CA
31
Cetera Advisors
Denver,
Colorado
| – | -$256K | -8,969 | Closed |
|
32
UBS Group
Zurich,
Switzerland
| – | -$8K | -282 | Closed |
|
FCVT Hedge Fund Activity: Q4 2017 in Review
29 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q4 2017, worth a combined $39.6M — up 2.4% from $38.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FCVT positions and 3 closed out — a net gain of 4 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Jane Street, adding an estimated $2.04M. The largest seller was Susquehanna International Group, cutting an estimated $2.04M.
- 29 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q4 2017, up from 25 in Q3 2017.
- Funds reported $39.6M of First Trust SSI Strategic Convertible Securities ETF stock for Q4 2017, up 2.4% quarter-over-quarter.
- 7 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q4 2017 and 3 closed out, a net change of +4 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q4 2017 was Jane Street, an estimated $2.04M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q4 2017 was Susquehanna International Group, an estimated $2.04M sold.
Based on aggregated 13F filings for Q4 2017.