First Trust SSI Strategic Convertible Securities ETF
FCVT
67 hedge funds and large institutions have $96.3M invested in First Trust SSI Strategic Convertible Securities ETF in 2022 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 20 reducing their positions, and 16 closing their positions.
5% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 20
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
1% less funds holding
Funds holding: 68 → 67 (-1)
17.76% less ownership
Funds ownership: 71.8% → 54.03% (-18%)
36% less capital invested
Capital invested by funds: $150M → $96.3M (-$53.9M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$8.79M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
+$2.53M |
| 3 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$1.19M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
+$1.11M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$975K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
-$15.9M |
| 2 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$7.51M |
| 3 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$4.44M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.69M |
| 5 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
-$2.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWS
76
Atria Wealth Solutions
New York
| – | -$381K | -9,835 | Closed |
|
|
AC
77
Avestar Capital
New York
| – | -$306K | -7,872 | Closed |
|
|
AWA
78
Acorn Wealth Advisors
Grand Blanc,
Michigan
| – | -$211K | -5,437 | Closed |
|
|
BPA
79
Beacon Pointe Advisors
Newport Beach,
California
| – | -$205K | -5,298 | Closed |
|
|
DWMG
80
DB Wealth Management Group
San Diego,
California
| – | -$143K | -3,699 | Closed |
|
81
Koshinski Asset Management
Decatur,
Illinois
| – | -$32.6K | -841 | Closed |
|
|
MCC
82
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$28K | -726 | Closed |
|
|
FCMA
83
Foresight Capital Management Advisors
Saline,
Michigan
| – | -$10K | -265 | Closed |
|
FCVT Hedge Fund Activity: Q2 2022 in Review
67 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q2 2022, worth a combined $96.3M — down 36% from $150M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FCVT and 15 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 19 added.
The largest buyer was Jane Street, opening a new position worth an estimated $8.79M. The largest seller was Win Advisors, cutting an estimated $15.9M.
- 67 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q2 2022, down from 68 in Q1 2022.
- Funds reported $96.3M of First Trust SSI Strategic Convertible Securities ETF stock for Q2 2022, down 36% quarter-over-quarter.
- 15 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q2 2022 and 16 closed out, a net change of -1 holder.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q2 2022 was Jane Street, an estimated $8.79M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q2 2022 was Win Advisors, an estimated $15.9M sold.
Based on aggregated 13F filings for Q2 2022.