First Trust SSI Strategic Convertible Securities ETF
FCVT
54 hedge funds and large institutions have $99.6M invested in First Trust SSI Strategic Convertible Securities ETF in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 13 reducing their positions, and 6 closing their positions.
85% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 13
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
5% more capital invested
Capital invested by funds: $94.5M → $99.6M (+$5.03M)
4% more funds holding
Funds holding: 52 → 54 (+2)
0.79% more ownership
Funds ownership: 49.01% → 49.8% (+0.79%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.64M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.52M |
| 3 |
CL
Cabana LLC
Fayetteville,
Arkansas
|
+$1.21M |
| 4 |
Goldman Sachs
New York
|
+$1.08M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$924K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.07M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.64M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.58M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.08M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$372K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
51
Steward Partners Investment Advisory
New York
| $15K | +$15.4K | +500 | New |
|
|
PMFA
52
Plante Moran Financial Advisors
Southfield,
Michigan
| $12K | +$11.3K | +367 | New |
|
53
UBS Group
Zurich,
Switzerland
| $10K | +$9.63K | +313 | New |
|
54
Fifth Third Bancorp
Cincinnati,
Ohio
| $9K | – | – | – |
|
|
NA
55
NewEdge Advisors
New Orleans,
Louisiana
| – | -$342K | -11,259 | Closed |
|
|
CA
56
Cetera Advisors
Denver,
Colorado
| – | -$130K | -4,321 | Closed |
|
|
GSWM
57
Golden State Wealth Management
Santa Ana,
California
| – | -$42K | -1,366 | Closed |
|
|
CWA
58
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$24K | -800 | Closed |
|
|
RCG
59
Ruggie Capital Group
Tavares,
Florida
| – | -$14K | -469 | Closed |
|
|
CFGS
60
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$10.3K | -335 | Closed |
|
FCVT Hedge Fund Activity: Q2 2019 in Review
54 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q2 2019, worth a combined $99.6M — up 5.3% from $94.5M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FCVT positions and 6 closed out — a net gain of 5 holders — while 24 added to existing stakes and 13 trimmed.
The largest buyer was Jane Street, adding an estimated $1.64M. The largest seller was Bank of America, cutting an estimated $2.07M.
- 54 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q2 2019, up from 52 in Q1 2019.
- Funds reported $99.6M of First Trust SSI Strategic Convertible Securities ETF stock for Q2 2019, up 5.3% quarter-over-quarter.
- 11 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q2 2019 and 6 closed out, a net change of +5 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q2 2019 was Jane Street, an estimated $1.64M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q2 2019 was Bank of America, an estimated $2.07M sold.
Based on aggregated 13F filings for Q2 2019.