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First Trust SSI Strategic Convertible Securities ETF

52 hedge funds and large institutions have $94.5M invested in First Trust SSI Strategic Convertible Securities ETF in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

21% more capital invested

Capital invested by funds: $78.3M → $94.5M (+$16.2M)

16% more funds holding

Funds holding: 4552 (+7)

0.38% more ownership

Funds ownership: 48.63%49.01% (+0.38%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

11% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 18

Holders
52
Holders Change
+7
Holders Change %
+15.56%
% of All Funds
1.13%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
14
Increased
16
Reduced
18
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BA
26
BKS Advisors
Michigan
$458K +$197K +6,650 +79%
CWM
27
Concentrum Wealth Management
California
$429K +$71.4K +2,408 +21%
NA
28
NewEdge Advisors
Louisiana
$342K +$334K +11,259 New
Commonwealth Equity Services
29
Commonwealth Equity Services
Massachusetts
$323K -$12.1K -407 -4%
GWM
30
Geneos Wealth Management
Colorado
$323K +$140K +4,732 +80%
SCA
31
Snowden Capital Advisors
New York
$311K +$65.9K +2,225 +28%
BFEC
32
Benjamin F. Edwards & Company
Missouri
$305K +$112K +3,795 +61%
SIM
33
SSI Investment Management
California
$288K +$281K +9,477 New
AWA
34
Acorn Wealth Advisors
Michigan
$270K -$36.9K -1,245 -12%
SI
35
Stephens Inc
Arkansas
$258K
PNC Financial Services Group
36
PNC Financial Services Group
Pennsylvania
$248K +$859 +29 +0.4%
ASN
37
Advisory Services Network
Georgia
$247K +$241K +8,120 New
FAAS
38
First Allied Advisory Services
California
$218K -$63.2K -2,133 -23%
WA
39
Winfield Associates
Ohio
$214K +$209K +7,050 New
GLA
40
Good Life Advisors
Pennsylvania
$201K -$24.9K -839 -11%
Wells Fargo
41
Wells Fargo
California
$171K -$34.3K -1,156 -17%
CA
42
Cetera Advisors
Colorado
$130K +$128K +4,321 New
TRCT
43
Tower Research Capital (TRC)
New York
$104K +$49K +1,652 +93%
JP Morgan Chase
44
JP Morgan Chase
New York
$60K
GSWM
45
Golden State Wealth Management
California
$42K +$40.5K +1,366 New
CWA
46
Clarus Wealth Advisors
Arizona
$24K
QCIG
47
Quad-Cities Investment Group
Iowa
$23K +$30 +1 +0.1%
APA
48
American Portfolios Advisors
New York
$20.1K +$19.6K +662 New
RCG
49
Ruggie Capital Group
Florida
$14K +$13.9K +469 New
CFGS
50
Concourse Financial Group Securities
Alabama
$10K -$1.48K -50 -13%

FCVT Hedge Fund Activity: Q1 2019 in Review

52 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q1 2019, worth a combined $94.5M — up 21% from $78.3M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FCVT positions and 7 closed out — a net gain of 7 holders — while 16 added to existing stakes and 18 trimmed.

The largest buyer was American Financial Advisors, opening a new position worth an estimated $5.87M. The largest seller was Morgan Stanley, cutting an estimated $7.06M.

  • 52 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q1 2019, up from 45 in Q4 2018.
  • Funds reported $94.5M of First Trust SSI Strategic Convertible Securities ETF stock for Q1 2019, up 21% quarter-over-quarter.
  • 14 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q1 2019 and 7 closed out, a net change of +7 holders.
  • The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q1 2019 was American Financial Advisors, an estimated $5.87M added.
  • The largest First Trust SSI Strategic Convertible Securities ETF seller in Q1 2019 was Morgan Stanley, an estimated $7.06M sold.

Based on aggregated 13F filings for Q1 2019.