First Trust SSI Strategic Convertible Securities ETF
FCVT
16 hedge funds and large institutions have $23.7M invested in First Trust SSI Strategic Convertible Securities ETF in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
648% more capital inflows, than outflows
Capital inflows: $8.01M | Capital outflows: $1.07M
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
78% more funds holding
Funds holding: 9 → 16 (+7)
14.46% more ownership
Funds ownership: 34.4% → 48.86% (+14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
+$1.92M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.33M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.16M |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$825K |
| 5 |
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$579K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$1.02M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$41.5K |
| 3 |
Tower Research Capital (TRC)
New York
|
-$8K |
FCVT Hedge Fund Activity: Q1 2017 in Review
16 of the 4,035 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q1 2017, worth a combined $23.7M — up 47% from $16.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FCVT positions and 1 closed out — a net gain of 7 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $1.92M. The largest seller was JP Morgan Chase, cutting an estimated $1.02M.
- 16 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q1 2017, up from 9 in Q4 2016.
- Funds reported $23.7M of First Trust SSI Strategic Convertible Securities ETF stock for Q1 2017, up 47% quarter-over-quarter.
- 8 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q1 2017 and 1 closed out, a net change of +7 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q1 2017 was Raymond James & Associates, an estimated $1.92M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q1 2017 was JP Morgan Chase, an estimated $1.02M sold.
Based on aggregated 13F filings for Q1 2017.