First Trust SSI Strategic Convertible Securities ETF
FCVT
5 hedge funds and large institutions have $4.34M invested in First Trust SSI Strategic Convertible Securities ETF in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
25% more funds holding
Funds holding: 4 → 5 (+1)
8% less capital invested
Capital invested by funds: $4.69M → $4.34M (-$357K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$4.04K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.36K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$94 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$287K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Goldman Sachs
New York
| $4.32M | – | – | – |
|
|
WA
2
WFG Advisors
Dallas,
Texas
| $12K | – | – | – |
|
|
IA
3
IFP Advisors
Tampa,
Florida
| $5K | +$4.04K | +171 | New |
|
|
4
UBS Group
Zurich,
Switzerland
| $2K | +$2.36K | +100 | New |
|
|
VKH
5
Virtu KCG Holdings
New York
| – | -$287K | -11,683 | Closed |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| – | +$94 | +4 | +100% |
|
FCVT Hedge Fund Activity: Q1 2016 in Review
5 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q1 2016, worth a combined $4.34M — down 7.6% from $4.69M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FCVT positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 0 trimmed.
The largest buyer was IFP Advisors, opening a new position worth an estimated $4.04K. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $287K sold.
- 5 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q1 2016, up from 4 in Q4 2015.
- Funds reported $4.34M of First Trust SSI Strategic Convertible Securities ETF stock for Q1 2016, down 7.6% quarter-over-quarter.
- 2 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q1 2016 and 1 closed out, a net change of +1 holder.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q1 2016 was IFP Advisors, an estimated $4.04K added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q1 2016 was Virtu KCG Holdings, an estimated $287K sold.
Based on aggregated 13F filings for Q1 2016.