First Trust SSI Strategic Convertible Securities ETF
FCVT
49 hedge funds and large institutions have $54.9M invested in First Trust SSI Strategic Convertible Securities ETF in 2024 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 5 closing their positions.
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
59% more capital invested
Capital invested by funds: $34.6M → $54.9M (+$20.4M)
20% more funds holding
Funds holding: 41 → 49 (+8)
17.38% more ownership
Funds ownership: 53.7% → 71.08% (+17%)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$5.05M |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$3.41M |
| 3 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$2.58M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$1.56M |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$822K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Elequin Capital
New York
|
-$2.09M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$863K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$568K |
| 4 |
Jane Street
New York
|
-$405K |
| 5 |
IWM
Iams Wealth Management
Omaha,
Nebraska
|
-$205K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$863K | -24,168 | Closed |
|
|
52
Citadel Advisors
Miami,
Florida
| – | -$568K | -15,901 | Closed |
|
|
IWM
53
Iams Wealth Management
Omaha,
Nebraska
| – | -$205K | -5,748 | Closed |
|
|
NS
54
NBC Securities
Birmingham,
Alabama
| – | -$9K | -260 | Closed |
|
FCVT Hedge Fund Activity: Q4 2024 in Review
49 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q4 2024, worth a combined $54.9M — up 59% from $34.6M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FCVT positions and 5 closed out — a net gain of 10 holders — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $5.05M. The largest seller was Elequin Capital, cutting an estimated $2.09M.
- 49 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q4 2024, up from 41 in Q3 2024.
- Funds reported $54.9M of First Trust SSI Strategic Convertible Securities ETF stock for Q4 2024, up 59% quarter-over-quarter.
- 15 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q4 2024 and 5 closed out, a net change of +10 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q4 2024 was Osaic Holdings, an estimated $5.05M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q4 2024 was Elequin Capital, an estimated $2.09M sold.
Based on aggregated 13F filings for Q4 2024.