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First Trust SSI Strategic Convertible Securities ETF
FCVT

68 hedge funds and large institutions have $102M invested in First Trust SSI Strategic Convertible Securities ETF in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 15

5% more capital invested

Capital invested by funds: $96.3M → $102M (+$5.26M)

2.16% more ownership

Funds ownership: 54.03% → 56.19% (+2.2%)

1% more funds holding

Funds holding: 67 → 68 (+1)

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
68
Holders Change
+1
Holders Change %
+1.49%
% of All Funds
1.17%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
13
Increased
23
Reduced
15
Closed
12
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Carson Wealth (CWM LLC)
Carson Wealth (CWM LLC)
Nebraska
+$6.14M
2
Rockefeller Capital Management
Rockefeller Capital Management
New York
+$2.54M
3
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$2.49M
4
AFA
American Financial Advisors
Georgia
+$2.34M
5
Morgan Stanley
Morgan Stanley
New York
+$2.09M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$9.25M
2
Verition Fund Management
Verition Fund Management
Connecticut
-$2.71M
3
Jane Street
Jane Street
New York
-$2.59M
4
RJFSA
Raymond James Financial Services Advisors
Florida
-$1.44M
5
Stifel Financial
Stifel Financial
Missouri
-$892K
Name Holding Trade Value Shares
Change 		Change in
Stake
FRA
51
Front Row Advisors
California
$94K – – –
SPIA
52
Steward Partners Investment Advisory
New York
$81K – – –
MIM
53
MTM Investment Management
South Carolina
$66K – – –
DWP
54
Destiny Wealth Partners
Florida
$45K – – –
FA
55
Flagstar Advisors
New York
$43K +$45.5K +1,381 New
HIA
56
Harbor Investment Advisory
Maryland
$31K – – –
Wells Fargo
57
Wells Fargo
California
$31K – – –
IA
58
IFP Advisors
Florida
$29K +$66 +2 +0.2%
William Blair & Company
59
William Blair & Company
Illinois
$23K – – –
UBS Group
60
UBS Group
Switzerland
$15K -$13.8K -420 -47%
OPW
61
Oxler Private Wealth
New York
$11.5K +$3.96K +120 New
WA
62
Win Advisors
Florida
$11K – – –
HI
63
Harbour Investments
Wisconsin
$8K – – –
Northwestern Mutual Wealth Management
64
Northwestern Mutual Wealth Management
Wisconsin
$3K +$3.1K +94 New
Fifth Third Bancorp
65
Fifth Third Bancorp
Ohio
$2K – – –
ADL
66
Asset Dedication LLC
California
$2K +$1.85K +56 New
MA
67
Montag & Associates
Georgia
$1K – – –
Verition Fund Management
68
Verition Fund Management
Connecticut
– -$2.71M -85,843 Closed
Stifel Financial
69
Stifel Financial
Missouri
– -$892K -28,228 Closed
BAM
70
Belpointe Asset Management
Nevada
– -$434K -13,727 Closed
FTUS
71
Flow Traders U.S.
New York
– -$346K -10,953 Closed
SB
72
Strategic Blueprint
Georgia
– -$283K -8,959 Closed
EH
73
Equitable Holdings
New York
– -$282K -8,929 Closed
CW
74
CreativeOne Wealth
Kansas
– -$206K -6,524 Closed
APA
75
American Portfolios Advisors
New York
– -$36.6K -1,158 Closed
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FCVT Hedge Fund Activity: Q3 2022 in Review

68 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q3 2022, worth a combined $102M — up 5.5% from $96.3M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new FCVT positions and 12 closed out — a net gain of 1 holder — while 23 added to existing stakes and 15 trimmed.

The largest buyer was Carson Wealth (CWM LLC), adding an estimated $6.14M. The largest seller was Bank of America, cutting an estimated $9.25M.

  • 68 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q3 2022, up from 67 in Q2 2022.
  • Funds reported $102M of First Trust SSI Strategic Convertible Securities ETF stock for Q3 2022, up 5.5% quarter-over-quarter.
  • 13 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q3 2022 and 12 closed out, a net change of +1 holder.
  • The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q3 2022 was Carson Wealth (CWM LLC), an estimated $6.14M added.
  • The largest First Trust SSI Strategic Convertible Securities ETF seller in Q3 2022 was Bank of America, an estimated $9.25M sold.

Based on aggregated 13F filings for Q3 2022.