First Trust SSI Strategic Convertible Securities ETF
FCVT
55 hedge funds and large institutions have $57.6M invested in First Trust SSI Strategic Convertible Securities ETF in 2025 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 19 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
28% more capital invested
Capital invested by funds: $45M → $57.6M (+$12.5M)
11.86% more ownership
Funds ownership: 52.63% → 64.49% (+12%)
8% more funds holding
Funds holding: 51 → 55 (+4)
37% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$5.34M |
| 2 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$5.16M |
| 3 |
Jane Street
New York
|
+$4.16M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$877K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$664K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$6.72M |
| 2 |
EC
Elequin Capital
New York
|
-$1.3M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$922K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$777K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$486K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $776 | – | – | – |
|
|
EWA
52
EverSource Wealth Advisors
Birmingham,
Alabama
| $699 | -$36 | -1 | -5% |
|
|
HI
53
Harbour Investments
Madison,
Wisconsin
| $79 | – | – | – |
|
54
Wells Fargo
San Francisco,
California
| $42 | – | – | – |
|
|
SS
55
SBI Securities
Tokyo,
Japan
| $39 | – | – | – |
|
|
ASN
56
Advisory Services Network
Atlanta,
Georgia
| – | -$777K | -22,254 | Closed |
|
|
PWP
57
Pursue Wealth Partners
Clayton,
California
| – | -$279K | -8,000 | Closed |
|
|
CA
58
Continuum Advisory
Eagle,
Idaho
| – | -$96.1K | -2,753 | Closed |
|
|
MIM
59
Marshall Investment Management
Littleton,
Colorado
| – | -$64.9K | -1,858 | Closed |
|
60
UBS Group
Zurich,
Switzerland
| – | -$5.17K | -148 | Closed |
|
|
RIA
61
Realta Investment Advisors
Wilmington,
Delaware
| – | -$38 | -1 | Closed |
|
FCVT Hedge Fund Activity: Q2 2025 in Review
55 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q2 2025, worth a combined $57.6M — up 28% from $45M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FCVT positions and 6 closed out — a net gain of 4 holders — while 12 added to existing stakes and 19 trimmed.
The largest buyer was Concurrent Investment Advisors, adding an estimated $5.34M. The largest seller was Raymond James Financial, cutting an estimated $6.72M.
- 55 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q2 2025, up from 51 in Q1 2025.
- Funds reported $57.6M of First Trust SSI Strategic Convertible Securities ETF stock for Q2 2025, up 28% quarter-over-quarter.
- 10 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q2 2025 and 6 closed out, a net change of +4 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q2 2025 was Concurrent Investment Advisors, an estimated $5.34M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q2 2025 was Raymond James Financial, an estimated $6.72M sold.
Based on aggregated 13F filings for Q2 2025.