First Trust SSI Strategic Convertible Securities ETF
FCVT
77 hedge funds and large institutions have $139M invested in First Trust SSI Strategic Convertible Securities ETF in 2021 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 31 increasing their positions, 16 reducing their positions, and 15 closing their positions.
94% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 16
5.48% more ownership
Funds ownership: 59.58% → 65.06% (+5.5%)
1% more funds holding
Funds holding: 76 → 77 (+1)
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
21% less capital invested
Capital invested by funds: $177M → $139M (-$37.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Continuum Advisory
Eagle,
Idaho
|
+$8.94M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.87M |
| 3 |
LPL Financial
San Diego,
California
|
+$5.22M |
| 4 |
TPCW
TD Private Client Wealth
New York
|
+$5.01M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$29.4M |
| 2 |
AFA
American Financial Advisors
Marietta,
Georgia
|
-$12.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.47M |
| 4 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$3.38M |
| 5 |
Morgan Stanley
New York
|
-$2.66M |
FCVT Hedge Fund Activity: Q4 2021 in Review
77 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q4 2021, worth a combined $139M — down 21% from $177M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FCVT positions and 15 closed out — a net gain of 1 holder — while 31 added to existing stakes and 16 trimmed.
The largest buyer was Continuum Advisory, opening a new position worth an estimated $8.94M. The largest seller was Jane Street, exiting entirely with an estimated $29.4M sold.
- 77 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q4 2021, up from 76 in Q3 2021.
- Funds reported $139M of First Trust SSI Strategic Convertible Securities ETF stock for Q4 2021, down 21% quarter-over-quarter.
- 16 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q4 2021 and 15 closed out, a net change of +1 holder.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q4 2021 was Continuum Advisory, an estimated $8.94M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q4 2021 was Jane Street, an estimated $29.4M sold.
Based on aggregated 13F filings for Q4 2021.