First Trust SSI Strategic Convertible Securities ETF
FCVT
42 hedge funds and large institutions have $37.7M invested in First Trust SSI Strategic Convertible Securities ETF in 2024 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 19 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
0% more funds holding
Funds holding: 42 → 42 (0)
6.44% less ownership
Funds ownership: 48.47% → 42.03% (-6.4%)
7% less capital invested
Capital invested by funds: $40.5M → $37.7M (-$2.73M)
47% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$5.27M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.83M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.27M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$946K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$694K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHB
First Hawaiian Bank
Honolulu,
Hawaii
|
-$2.64M |
| 2 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$2.53M |
| 3 |
Jane Street
New York
|
-$1.3M |
| 4 |
EC
Elequin Capital
New York
|
-$1.29M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$861K |
FCVT Hedge Fund Activity: Q2 2024 in Review
42 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q2 2024, worth a combined $37.7M — down 6.7% from $40.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FCVT positions and 7 closed out — a net gain of 2 holders — while 10 added to existing stakes and 19 trimmed.
The largest buyer was Concurrent Investment Advisors, opening a new position worth an estimated $5.27M. The largest seller was First Hawaiian Bank, exiting entirely with an estimated $2.64M sold.
- 42 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $37.7M of First Trust SSI Strategic Convertible Securities ETF stock for Q2 2024, down 6.7% quarter-over-quarter.
- 9 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q2 2024 and 7 closed out, a net change of +2 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q2 2024 was Concurrent Investment Advisors, an estimated $5.27M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q2 2024 was First Hawaiian Bank, an estimated $2.64M sold.
Based on aggregated 13F filings for Q2 2024.