First Trust SSI Strategic Convertible Securities ETF
FCVT
3 hedge funds and large institutions have $4.41M invested in First Trust SSI Strategic Convertible Securities ETF in 2016 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, reducing their positions, and 2 closing their positions.
2% more capital invested
Capital invested by funds: $4.34M → $4.41M (+$69K)
40% less funds holding
Funds holding: 5 → 3 (-2)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$7.23K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
-$5K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Goldman Sachs
New York
| $4.39M | – | – | – |
|
|
WA
2
WFG Advisors
Dallas,
Texas
| $12K | – | – | – |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| $7K | +$7.23K | +292 | +3,650% |
|
|
IA
4
IFP Advisors
Tampa,
Florida
| – | -$5K | -171 | Closed |
|
|
5
UBS Group
Zurich,
Switzerland
| – | -$2K | -100 | Closed |
|
FCVT Hedge Fund Activity: Q2 2016 in Review
3 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q2 2016, worth a combined $4.41M — up 1.6% from $4.34M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FCVT and 0 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $7.23K. The largest seller was IFP Advisors, exiting entirely with an estimated $5K sold.
- 3 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q2 2016, down from 5 in Q1 2016.
- Funds reported $4.41M of First Trust SSI Strategic Convertible Securities ETF stock for Q2 2016, up 1.6% quarter-over-quarter.
- 0 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q2 2016 and 2 closed out, a net change of -2 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q2 2016 was Tower Research Capital (TRC), an estimated $7.23K added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q2 2016 was IFP Advisors, an estimated $5K sold.
Based on aggregated 13F filings for Q2 2016.