First Trust SSI Strategic Convertible Securities ETF
FCVT
55 hedge funds and large institutions have $99.5M invested in First Trust SSI Strategic Convertible Securities ETF in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 7 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2% more funds holding
Funds holding: 54 → 55 (+1)
0.93% more ownership
Funds ownership: 49.8% → 50.72% (+0.93%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less capital invested
Capital invested by funds: $99.6M → $99.5M (-$27K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.05M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$912K |
| 3 |
AFA
American Financial Advisors
Marietta,
Georgia
|
+$790K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$778K |
| 5 |
Morgan Stanley
New York
|
+$626K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.91M |
| 2 |
Goldman Sachs
New York
|
-$1.1M |
| 3 |
Verition Fund Management
Greenwich,
Connecticut
|
-$736K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$692K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$523K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $25K | – | – | – |
|
|
QCIG
52
Quad-Cities Investment Group
Davenport,
Iowa
| $24K | +$32 | +1 | +0.1% |
|
53
Fifth Third Bancorp
Cincinnati,
Ohio
| $7K | -$2.43K | -77 | -26% |
|
54
Northern Trust
Chicago,
Illinois
| $6K | +$571K | +18,097 | New |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| $2K | -$43.7K | -1,384 | -96% |
|
|
56
Goldman Sachs
New York
| – | -$1.1M | -34,953 | Closed |
|
|
57
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$692K | -22,096 | Closed |
|
58
Mercer Global Advisors
Denver,
Colorado
| – | -$364K | -11,598 | Closed |
|
|
WIA
59
World Investment Advisors
Santa Barbara,
California
| – | -$200K | -6,350 | Closed |
|
|
TFA
60
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$117K | -3,720 | Closed |
|
|
APA
61
American Portfolios Advisors
Holbrook,
New York
| – | -$20.8K | -662 | Closed |
|
|
PMFA
62
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$12K | -367 | Closed |
|
FCVT Hedge Fund Activity: Q3 2019 in Review
55 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q3 2019, worth a combined $99.5M — down 0.03% from $99.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FCVT positions and 7 closed out — a net gain of 1 holder — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.05M. The largest seller was Jane Street, cutting an estimated $2.91M.
- 55 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q3 2019, up from 54 in Q2 2019.
- Funds reported $99.5M of First Trust SSI Strategic Convertible Securities ETF stock for Q3 2019, down 0.03% quarter-over-quarter.
- 8 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q3 2019 and 7 closed out, a net change of +1 holder.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q3 2019 was Citadel Advisors, an estimated $1.05M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q3 2019 was Jane Street, an estimated $2.91M sold.
Based on aggregated 13F filings for Q3 2019.