We are live on ! Find out more
FCVT icon

First Trust SSI Strategic Convertible Securities ETF
FCVT

77 hedge funds and large institutions have $139M invested in First Trust SSI Strategic Convertible Securities ETF in 2021 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 31 increasing their positions, 16 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 16

5.48% more ownership

Funds ownership: 59.58% → 65.06% (+5.5%)

1% more funds holding

Funds holding: 76 → 77 (+1)

7% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 15

21% less capital invested

Capital invested by funds: $177M → $139M (-$37.7M)

Holders
77
Holders Change
+1
Holders Change %
+1.32%
% of All Funds
1.18%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
31
Reduced
16
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CA
Continuum Advisory
Idaho
+$8.94M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$5.87M
3
LPL Financial
LPL Financial
California
+$5.22M
4
TPCW
TD Private Client Wealth
New York
+$5.01M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$4.01M

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$29.4M
2
AFA
American Financial Advisors
Georgia
-$12.9M
3
Citadel Advisors
Citadel Advisors
Florida
-$4.47M
4
SAM
Synergy Asset Management
Washington
-$3.38M
5
Morgan Stanley
Morgan Stanley
New York
-$2.66M
Name Holding Trade Value Shares
Change 		Change in
Stake
NFG
26
Next Financial Group
Texas
$786K -$74.2K -1,474 -7%
CWM
27
Concentrum Wealth Management
California
$749K +$7.85K +156 +0.9%
SWP
28
Stratos Wealth Partners
Ohio
$719K -$96.1K -1,910 -10%
SWM
29
Spire Wealth Management
Virginia
$589K +$5.43K +108 +0.8%
SW
30
SkyOak Wealth
Michigan
$582K +$553 +11 +0.1%
SPC
31
Sigma Planning Corp
Michigan
$532K +$87.8K +1,745 +16%
Citadel Advisors
32
Citadel Advisors
Florida
$523K -$4.47M -88,928 -88%
Baird Financial Group
33
Baird Financial Group
Wisconsin
$516K -$2.72K -54 -0.4%
TSWM
34
Tyler-Stone Wealth Management
Ohio
$515K +$626K +12,436 New
CAN
35
Cetera Advisor Networks
California
$514K -$309K -6,136 -33%
BAM
36
Belpointe Asset Management
Nevada
$502K +$609K +12,106 New
Janney Montgomery Scott
37
Janney Montgomery Scott
Pennsylvania
$501K – – –
WEPOG
38
Wealth Enhancement & Preservation of GA
Georgia
$397K +$124K +2,456 +34%
RCAG
39
Rehmann Capital Advisory Group
Michigan
$384K +$464K +9,220 New
EH
40
Equitable Holdings
New York
$374K +$85K +1,690 +23%
CCA
41
Cottonwood Capital Advisors
Utah
$373K +$453K +9,003 New
Commonwealth Equity Services
42
Commonwealth Equity Services
Massachusetts
$371K +$29.9K +594 +7%
SI
43
Stephens Inc
Arkansas
$363K – – –
WI
44
Wintrust Investments
Illinois
$349K +$424K +8,420 New
US Bancorp
45
US Bancorp
Minnesota
$341K +$2.97K +59 +0.7%
SB
46
Strategic Blueprint
Georgia
$334K +$73K +1,450 +22%
PWP
47
Pursue Wealth Partners
California
$331K +$402K +8,000 New
OIA
48
OneDigital Investment Advisors
Kansas
$309K +$5.23K +104 +1%
WIA
49
World Investment Advisors
California
$303K – – –
PAG
50
Private Advisor Group
New Jersey
$298K – – –
1
2
3 4

FCVT Hedge Fund Activity: Q4 2021 in Review

77 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q4 2021, worth a combined $139M — down 21% from $177M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FCVT positions and 15 closed out — a net gain of 1 holder — while 31 added to existing stakes and 16 trimmed.

The largest buyer was Continuum Advisory, opening a new position worth an estimated $8.94M. The largest seller was Jane Street, exiting entirely with an estimated $29.4M sold.

  • 77 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q4 2021, up from 76 in Q3 2021.
  • Funds reported $139M of First Trust SSI Strategic Convertible Securities ETF stock for Q4 2021, down 21% quarter-over-quarter.
  • 16 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q4 2021 and 15 closed out, a net change of +1 holder.
  • The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q4 2021 was Continuum Advisory, an estimated $8.94M added.
  • The largest First Trust SSI Strategic Convertible Securities ETF seller in Q4 2021 was Jane Street, an estimated $29.4M sold.

Based on aggregated 13F filings for Q4 2021.