First Trust SSI Strategic Convertible Securities ETF
FCVT
20 hedge funds and large institutions have $33.6M invested in First Trust SSI Strategic Convertible Securities ETF in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
42% more capital invested
Capital invested by funds: $23.7M → $33.6M (+$9.87M)
25% more funds holding
Funds holding: 16 → 20 (+4)
49.86% less ownership
Funds ownership: 117.27% → 67.42% (-50%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.91M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$2.11M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.4M |
| 4 |
IH
IFC Holdings
Tampa,
Florida
|
+$985K |
| 5 |
Jane Street
New York
|
+$686K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$982K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$960K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$399K |
| 4 |
JP Morgan Chase
New York
|
-$45.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1K |
FCVT Hedge Fund Activity: Q2 2017 in Review
20 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q2 2017, worth a combined $33.6M — up 42% from $23.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FCVT positions and 1 closed out — a net gain of 4 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Bank of America, adding an estimated $4.91M. The largest seller was Citadel Advisors, cutting an estimated $982K.
- 20 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q2 2017, up from 16 in Q1 2017.
- Funds reported $33.6M of First Trust SSI Strategic Convertible Securities ETF stock for Q2 2017, up 42% quarter-over-quarter.
- 5 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q2 2017 and 1 closed out, a net change of +4 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q2 2017 was Bank of America, an estimated $4.91M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q2 2017 was Citadel Advisors, an estimated $982K sold.
Based on aggregated 13F filings for Q2 2017.