We are live on ! Find out more
FCVT icon

First Trust SSI Strategic Convertible Securities ETF
FCVT

68 hedge funds and large institutions have $150M invested in First Trust SSI Strategic Convertible Securities ETF in 2022 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 1 → 2 (+1)

37% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 19

8% more capital invested

Capital invested by funds: $139M → $150M (+$10.8M)

6.74% more ownership

Funds ownership: 65.06% → 71.8% (+6.7%)

12% less funds holding

Funds holding: 77 → 68 (-9)

47% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 15

Holders
68
Holders Change
-9
Holders Change %
-11.69%
% of All Funds
1.07%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
8
Increased
26
Reduced
19
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
WA
Win Advisors
Florida
+$14.9M
2
Bank of America
Bank of America
North Carolina
+$10.8M
3
SAM
Synergy Asset Management
Washington
+$7.12M
4
Citadel Advisors
Citadel Advisors
Florida
+$4.25M
5
CA
Continuum Advisory
Idaho
+$2.07M

Top Sellers

Rank Fund Capital Flow
1
Carson Wealth (CWM LLC)
Carson Wealth (CWM LLC)
Nebraska
-$5.47M
2
RJA
Raymond James & Associates
Florida
-$3.3M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$3.13M
4
TPCW
TD Private Client Wealth
New York
-$3.06M
5
GIA
Gladstone Institutional Advisory
Florida
-$2.49M
Name Holding Trade Value Shares
Change 		Change in
Stake
DWMG
51
DB Wealth Management Group
California
$143K -$45.2K -1,188 -24%
FRA
52
Front Row Advisors
California
$117K – – –
Carson Wealth (CWM LLC)
53
Carson Wealth (CWM LLC)
Nebraska
$113K -$5.47M -143,748 -98%
SPIA
54
Steward Partners Investment Advisory
New York
$101K – – –
MIM
55
MTM Investment Management
South Carolina
$83K – – –
DWP
56
Destiny Wealth Partners
Florida
$56K -$28.8K -757 -34%
APA
57
American Portfolios Advisors
New York
$44.9K – – –
HIA
58
Harbor Investment Advisory
Maryland
$39K – – –
PNC Financial Services Group
59
PNC Financial Services Group
Pennsylvania
$36K -$1.79K -47 -5%
Koshinski Asset Management
60
Koshinski Asset Management
Illinois
$32.6K – – –
CAPTRUST Financial Advisors
61
CAPTRUST Financial Advisors
North Carolina
$31K – – –
UBS Group
62
UBS Group
Switzerland
$30K +$29K +762 New
William Blair & Company
63
William Blair & Company
Illinois
$29K – – –
IA
64
IFP Advisors
Florida
$29K +$35.7K +937 New
MCC
65
Money Concepts Capital
Florida
$28K +$27.6K +726 New
FCMA
66
Foresight Capital Management Advisors
Michigan
$10K -$83.4K -2,191 -89%
MA
67
Montag & Associates
Georgia
$1K – – –
Stifel Financial
68
Stifel Financial
Missouri
– -$1.54M -37,121 Closed
PAG
69
Private Advisory Group
Washington
– -$1.49M -35,992 Closed
LAS
70
LWM Advisory Services
Florida
– -$1.09M -26,277 Closed
SPC
71
Sigma Planning Corp
Michigan
– -$532K -12,857 Closed
Baird Financial Group
72
Baird Financial Group
Wisconsin
– -$516K -12,461 Closed
Janney Montgomery Scott
73
Janney Montgomery Scott
Pennsylvania
– -$501K -12,106 Closed
RCAG
74
Rehmann Capital Advisory Group
Michigan
– -$384K -9,220 Closed
OIA
75
OneDigital Investment Advisors
Kansas
– -$309K -7,470 Closed
1 2
3
4

FCVT Hedge Fund Activity: Q1 2022 in Review

68 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q1 2022, worth a combined $150M — up 7.7% from $139M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of FCVT and 8 opened new positions — a net loss of 7 holders — while 19 trimmed existing stakes and 26 added.

The largest buyer was Win Advisors, adding an estimated $14.9M. The largest seller was Carson Wealth (CWM LLC), cutting an estimated $5.47M.

  • 68 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q1 2022, down from 77 in Q4 2021.
  • Funds reported $150M of First Trust SSI Strategic Convertible Securities ETF stock for Q1 2022, up 7.7% quarter-over-quarter.
  • 8 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q1 2022 and 15 closed out, a net change of -7 holders.
  • The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q1 2022 was Win Advisors, an estimated $14.9M added.
  • The largest First Trust SSI Strategic Convertible Securities ETF seller in Q1 2022 was Carson Wealth (CWM LLC), an estimated $5.47M sold.

Based on aggregated 13F filings for Q1 2022.