First Trust SSI Strategic Convertible Securities ETF
FCVT
76 hedge funds and large institutions have $177M invested in First Trust SSI Strategic Convertible Securities ETF in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 20 reducing their positions, and 7 closing their positions.
70% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 20
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 76 → 76 (0)
0.94% less ownership
Funds ownership: 60.52% → 59.58% (-0.94%)
1% less capital invested
Capital invested by funds: $180M → $177M (-$2.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$26.6M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.72M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$2.54M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.74M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$21.6M |
| 2 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$5.55M |
| 3 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$2.86M |
| 4 |
RA
RiverTree Advisors
Winter Park,
Florida
|
-$1.61M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$503K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RA
76
RiverTree Advisors
Winter Park,
Florida
| – | -$1.61M | -31,298 | Closed |
|
|
WI
77
Wintrust Investments
Chicago,
Illinois
| – | -$434K | -8,420 | Closed |
|
|
AFP
78
Ausdal Financial Partners
Davenport,
Iowa
| – | -$324K | -6,284 | Closed |
|
|
UCFA
79
United Capital Financial Advisors
Irving,
Texas
| – | -$261K | -5,057 | Closed |
|
|
RIG
80
Ramiah Investment Group
Brookfield,
Wisconsin
| – | -$217K | -4,205 | Closed |
|
|
ACM
81
Anfield Capital Management
Irvine,
California
| – | -$94K | -1,815 | Closed |
|
|
SCA
82
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$54K | -1,077 | Closed |
|
83
Fidelity Investments
Boston,
Massachusetts
| – | +$51 | +1 | New |
|
FCVT Hedge Fund Activity: Q3 2021 in Review
76 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q3 2021, worth a combined $177M — down 1.3% from $180M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FCVT positions and 7 closed out — a net gain of 1 holder — while 34 added to existing stakes and 20 trimmed.
The largest buyer was Jane Street, adding an estimated $26.6M. The largest seller was Citadel Advisors, cutting an estimated $21.6M.
- 76 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $177M of First Trust SSI Strategic Convertible Securities ETF stock for Q3 2021, down 1.3% quarter-over-quarter.
- 8 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q3 2021 and 7 closed out, a net change of +1 holder.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q3 2021 was Jane Street, an estimated $26.6M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q3 2021 was Citadel Advisors, an estimated $21.6M sold.
Based on aggregated 13F filings for Q3 2021.