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First Trust SSI Strategic Convertible Securities ETF

76 hedge funds and large institutions have $180M invested in First Trust SSI Strategic Convertible Securities ETF in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 29 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more capital invested

Capital invested by funds: $160M → $180M (+$19.1M)

5.15% more ownership

Funds ownership: 55.37%60.52% (+5.2%)

0% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 9

1% less funds holding

Funds holding: 7776 (-1)

21% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 29

Holders
76
Holders Change
-1
Holders Change %
-1.3%
% of All Funds
1.32%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
23
Reduced
29
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MML Investors Services
26
MML Investors Services
Massachusetts
$1.01M -$368K -7,249 -27%
CAN
27
Cetera Advisor Networks
California
$917K +$902K +17,780 New
CRWM
28
Castle Rock Wealth Management
California
$899K -$1.27M -25,041 -59%
SWM
29
Spire Wealth Management
Virginia
$727K +$714K +14,079 New
SW
30
SkyOak Wealth
Michigan
$724K
KAS
31
Kestra Advisory Services
Texas
$663K -$132K -2,597 -17%
Janney Montgomery Scott
32
Janney Montgomery Scott
Pennsylvania
$641K -$466K -9,187 -43%
Baird Financial Group
33
Baird Financial Group
Wisconsin
$630K -$3.86K -76 -0.6%
Envestnet Asset Management
34
Envestnet Asset Management
Illinois
$584K -$1.17M -22,967 -67%
SI
35
Stephens Inc
Arkansas
$453K
Commonwealth Equity Services
36
Commonwealth Equity Services
Massachusetts
$436K -$19.8K -391 -4%
WI
37
Wintrust Investments
Illinois
$434K
US Bancorp
38
US Bancorp
Minnesota
$430K -$39K -768 -8%
SPC
39
Sigma Planning Corp
Michigan
$430K +$101 +2 +0%
WIA
40
World Investment Advisors
California
$405K -$101K -2,000 -20%
OIA
41
OneDigital Investment Advisors
Kansas
$402K +$395K +7,793 New
WEPOG
42
Wealth Enhancement & Preservation of GA
Georgia
$345K +$17.8K +351 +6%
AFP
43
Ausdal Financial Partners
Iowa
$324K +$319K +6,284 New
PAG
44
Private Advisor Group
New Jersey
$323K +$4.92K +97 +2%
SB
45
Strategic Blueprint
Georgia
$300K +$17.8K +350 +6%
EH
46
Equitable Holdings
New York
$300K +$295K +5,821 New
Truist Financial
47
Truist Financial
North Carolina
$278K -$15.2K -300 -5%
AWA
48
Acorn Wealth Advisors
Michigan
$275K +$152 +3 +0.1%
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
$267K +$609 +12 +0.2%
AC
50
Avestar Capital
New York
$264K +$259K +5,108 New

FCVT Hedge Fund Activity: Q2 2021 in Review

76 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q2 2021, worth a combined $180M — up 12% from $160M a quarter earlier.

Fund positioning in FCVT was balanced in Q2 2021: 9 funds opened new positions, 9 closed out, 23 added to existing stakes and 29 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $24.6M. The largest seller was Trilogy Capital, exiting entirely with an estimated $7.29M sold.

  • 76 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q2 2021, down from 77 in Q1 2021.
  • Funds reported $180M of First Trust SSI Strategic Convertible Securities ETF stock for Q2 2021, up 12% quarter-over-quarter.
  • 9 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q2 2021 and 9 closed out, a net change of 0 holders.
  • The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q2 2021 was Citadel Advisors, an estimated $24.6M added.
  • The largest First Trust SSI Strategic Convertible Securities ETF seller in Q2 2021 was Trilogy Capital, an estimated $7.29M sold.

Based on aggregated 13F filings for Q2 2021.