First Trust SSI Strategic Convertible Securities ETF
FCVT
75 hedge funds and large institutions have $180M invested in First Trust SSI Strategic Convertible Securities ETF in 2021 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 29 reducing their positions, and 10 closing their positions.
12% more capital invested
Capital invested by funds: $160M → $180M (+$19.1M)
5.13% more ownership
Funds ownership: 55.37% → 60.5% (+5.1%)
3% less funds holding
Funds holding: 77 → 75 (-2)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
21% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$24.6M |
| 2 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$4.16M |
| 3 |
Jane Street
New York
|
+$2.11M |
| 4 |
Morgan Stanley
New York
|
+$1.63M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Trilogy Capital
Irvine,
California
|
-$7.29M |
| 2 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$3.37M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.91M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.9M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.86M |
FCVT Hedge Fund Activity: Q2 2021 in Review
75 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q2 2021, worth a combined $180M — up 12% from $160M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FCVT and 9 opened new positions — a net loss of 1 holder — while 29 trimmed existing stakes and 23 added.
The largest buyer was Citadel Advisors, adding an estimated $24.6M. The largest seller was Trilogy Capital, exiting entirely with an estimated $7.29M sold.
- 75 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q2 2021, down from 77 in Q1 2021.
- Funds reported $180M of First Trust SSI Strategic Convertible Securities ETF stock for Q2 2021, up 12% quarter-over-quarter.
- 9 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q2 2021 and 10 closed out, a net change of -1 holder.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q2 2021 was Citadel Advisors, an estimated $24.6M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q2 2021 was Trilogy Capital, an estimated $7.29M sold.
Based on aggregated 13F filings for Q2 2021.