We are live on ! Find out more
FCVT icon

First Trust SSI Strategic Convertible Securities ETF
FCVT

77 hedge funds and large institutions have $139M invested in First Trust SSI Strategic Convertible Securities ETF in 2021 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 31 increasing their positions, 16 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

94% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 16

5.48% more ownership

Funds ownership: 59.58% → 65.06% (+5.5%)

1% more funds holding

Funds holding: 76 → 77 (+1)

7% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 15

21% less capital invested

Capital invested by funds: $177M → $139M (-$37.7M)

Holders
77
Holders Change
+1
Holders Change %
+1.32%
% of All Funds
1.18%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
31
Reduced
16
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CA
Continuum Advisory
Idaho
+$8.94M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$5.87M
3
LPL Financial
LPL Financial
California
+$5.22M
4
TPCW
TD Private Client Wealth
New York
+$5.01M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$4.01M

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$29.4M
2
AFA
American Financial Advisors
Georgia
-$12.9M
3
Citadel Advisors
Citadel Advisors
Florida
-$4.47M
4
SAM
Synergy Asset Management
Washington
-$3.38M
5
Morgan Stanley
Morgan Stanley
New York
-$2.66M
Name Holding Trade Value Shares
Change 		Change in
Stake
MA
76
Montag & Associates
Georgia
$1K – – –
Jane Street
77
Jane Street
New York
– -$29.4M -578,712 Closed
CRWM
78
Castle Rock Wealth Management
California
– -$952K -17,673 Closed
KAS
79
Kestra Advisory Services
Texas
– -$840K -16,550 Closed
SWA
80
Stratos Wealth Advisors
Ohio
– -$803K -15,821 Closed
CI
81
CX Institutional
Indiana
– -$499K -9,833 Closed
PWP
82
Principle Wealth Partners
Connecticut
– -$247K -4,856 Closed
OC
83
Oppenheimer & Co
New York
– -$244K -4,806 Closed
EHC
84
Everett Harris & Co
California
– -$229K -4,500 Closed
GLA
85
Good Life Advisors
Pennsylvania
– -$211K -4,160 Closed
AWA
86
Arkadios Wealth Advisors
Georgia
– -$205K -4,044 Closed
IA
87
Insight Advisors
Pennsylvania
– -$210K -3,949 Closed
CFGS
88
Concourse Financial Group Securities
Alabama
– -$175K -3,471 Closed
FA
89
Flagstar Advisors
New York
– -$64K -1,269 Closed
UBS Group
90
UBS Group
Switzerland
– -$13K -257 Closed
1 2 3
4

FCVT Hedge Fund Activity: Q4 2021 in Review

77 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q4 2021, worth a combined $139M — down 21% from $177M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FCVT positions and 15 closed out — a net gain of 1 holder — while 31 added to existing stakes and 16 trimmed.

The largest buyer was Continuum Advisory, opening a new position worth an estimated $8.94M. The largest seller was Jane Street, exiting entirely with an estimated $29.4M sold.

  • 77 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q4 2021, up from 76 in Q3 2021.
  • Funds reported $139M of First Trust SSI Strategic Convertible Securities ETF stock for Q4 2021, down 21% quarter-over-quarter.
  • 16 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q4 2021 and 15 closed out, a net change of +1 holder.
  • The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q4 2021 was Continuum Advisory, an estimated $8.94M added.
  • The largest First Trust SSI Strategic Convertible Securities ETF seller in Q4 2021 was Jane Street, an estimated $29.4M sold.

Based on aggregated 13F filings for Q4 2021.