First Trust SSI Strategic Convertible Securities ETF
FCVT
76 hedge funds and large institutions have $180M invested in First Trust SSI Strategic Convertible Securities ETF in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 29 reducing their positions, and 9 closing their positions.
12% more capital invested
Capital invested by funds: $160M → $180M (+$19.1M)
5.15% more ownership
Funds ownership: 55.37% → 60.52% (+5.2%)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
1% less funds holding
Funds holding: 77 → 76 (-1)
21% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$24.6M |
| 2 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$4.16M |
| 3 |
Jane Street
New York
|
+$2.11M |
| 4 |
Morgan Stanley
New York
|
+$1.63M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Trilogy Capital
Irvine,
California
|
-$7.29M |
| 2 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$3.37M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.91M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.9M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
76
Montag & Associates
Atlanta,
Georgia
| $1K | – | – | – |
|
|
TC
77
Trilogy Capital
Irvine,
California
| – | -$7.29M | -145,278 | Closed |
|
|
78
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.9M | -37,810 | Closed |
|
|
OMC
79
Old Mission Capital
Chicago,
Illinois
| – | -$1.24M | -24,692 | Closed |
|
|
SIM
80
SSI Investment Management
Los Angeles,
California
| – | -$642K | -12,808 | Closed |
|
|
FHB
81
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$301K | -6,000 | Closed |
|
|
TF
82
Trek Financial
Scottsdale,
Arizona
| – | -$230K | -4,587 | Closed |
|
83
HighTower Advisors
Chicago,
Illinois
| – | -$212K | -4,192 | Closed |
|
|
DWP
84
Destiny Wealth Partners
Tavares,
Florida
| – | -$111K | -2,212 | Closed |
|
|
TRCT
85
Tower Research Capital (TRC)
New York
| – | -$5K | -98 | Closed |
|
FCVT Hedge Fund Activity: Q2 2021 in Review
76 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q2 2021, worth a combined $180M — up 12% from $160M a quarter earlier.
Fund positioning in FCVT was balanced in Q2 2021: 9 funds opened new positions, 9 closed out, 23 added to existing stakes and 29 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $24.6M. The largest seller was Trilogy Capital, exiting entirely with an estimated $7.29M sold.
- 76 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q2 2021, down from 77 in Q1 2021.
- Funds reported $180M of First Trust SSI Strategic Convertible Securities ETF stock for Q2 2021, up 12% quarter-over-quarter.
- 9 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q2 2021 and 9 closed out, a net change of 0 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q2 2021 was Citadel Advisors, an estimated $24.6M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q2 2021 was Trilogy Capital, an estimated $7.29M sold.
Based on aggregated 13F filings for Q2 2021.