First Trust SSI Strategic Convertible Securities ETF
FCVT
62 hedge funds and large institutions have $125M invested in First Trust SSI Strategic Convertible Securities ETF in 2020 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 6 closing their positions.
117% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 6
16% more capital invested
Capital invested by funds: $108M → $125M (+$17.8M)
13% more funds holding
Funds holding: 55 → 62 (+7)
0.28% less ownership
Funds ownership: 47.96% → 47.68% (-0.28%)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$8.08M |
| 2 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$4.3M |
| 3 |
Goldman Sachs
New York
|
+$1.54M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$1.51M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$6.95M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.85M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.6M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$1.59M |
| 5 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$1.59M |
FCVT Hedge Fund Activity: Q3 2020 in Review
62 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q3 2020, worth a combined $125M — up 16% from $108M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FCVT positions and 6 closed out — a net gain of 7 holders — while 17 added to existing stakes and 21 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $8.08M. The largest seller was Jane Street, cutting an estimated $6.95M.
- 62 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q3 2020, up from 55 in Q2 2020.
- Funds reported $125M of First Trust SSI Strategic Convertible Securities ETF stock for Q3 2020, up 16% quarter-over-quarter.
- 13 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q3 2020 and 6 closed out, a net change of +7 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q3 2020 was Citadel Advisors, an estimated $8.08M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q3 2020 was Jane Street, an estimated $6.95M sold.
Based on aggregated 13F filings for Q3 2020.