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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
AC
51
Avestar Capital
New York
$283K +$43.9K +872 +15%
SAM
52
Synergy Asset Management
Washington
$282K -$3.38M -67,151 -91%
FIA
53
Foundations Investment Advisors
Arizona
$267K +$99.3K +1,974 +42%
AWA
54
Acorn Wealth Advisors
Michigan
$221K +$755 +15 +0.3%
Verition Fund Management
55
Verition Fund Management
Connecticut
$208K +$252K +5,014 New
ASN
56
Advisory Services Network
Georgia
$203K -$417K -8,286 -63%
DWMG
57
DB Wealth Management Group
California
$202K +$66.5K +1,321 +37%
PMG
58
ProVise Management Group
Florida
$200K -$1.01K -20 -0.4%
FRA
59
Front Row Advisors
California
$125K – – –
SCA
60
Snowden Capital Advisors
New York
$123K +$150K +2,984 New
GWM
61
Geneos Wealth Management
Colorado
$116K +$35.2K +700 +33%
SPIA
62
Steward Partners Investment Advisory
New York
$108K – – –
FCMA
63
Foresight Capital Management Advisors
Michigan
$102K +$124K +2,456 New
Wells Fargo
64
Wells Fargo
California
$100K -$8K -159 -6%
DWP
65
Destiny Wealth Partners
Florida
$92K – – –
MIM
66
MTM Investment Management
South Carolina
$88K – – –
APA
67
American Portfolios Advisors
New York
$48K +$10.1K +201 +21%
HIA
68
Harbor Investment Advisory
Maryland
$41K – – –
PNC Financial Services Group
69
PNC Financial Services Group
Pennsylvania
$40K +$11.2K +223 +30%
Koshinski Asset Management
70
Koshinski Asset Management
Illinois
$34.8K -$55.3K -1,100 -57%
CAPTRUST Financial Advisors
71
CAPTRUST Financial Advisors
North Carolina
$33K – – –
William Blair & Company
72
William Blair & Company
Illinois
$31K – – –
LC
73
Lindbrook Capital
California
$29K +$35.2K +700 New
HI
74
Harbour Investments
Wisconsin
$10K -$1.81K -36 -13%
CA
75
CoreCap Advisors
Michigan
$6K +$7.55K +150 New
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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.