First Trust SSI Strategic Convertible Securities ETF
FCVT
68 hedge funds and large institutions have $102M invested in First Trust SSI Strategic Convertible Securities ETF in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 13 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
1.96% more ownership
Funds ownership: 54.24% → 56.19% (+2%)
5% more capital invested
Capital invested by funds: $96.9M → $102M (+$4.67M)
0% more funds holding
Funds holding: 68 → 68 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$6.14M |
| 2 |
Rockefeller Capital Management
New York
|
+$2.54M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.49M |
| 4 |
AFA
American Financial Advisors
Marietta,
Georgia
|
+$2.34M |
| 5 |
Morgan Stanley
New York
|
+$2.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$9.25M |
| 2 |
Verition Fund Management
Greenwich,
Connecticut
|
-$2.71M |
| 3 |
Jane Street
New York
|
-$2.59M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.44M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$892K |
FCVT Hedge Fund Activity: Q3 2022 in Review
68 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q3 2022, worth a combined $102M — up 4.8% from $96.9M a quarter earlier.
Fund positioning in FCVT was balanced in Q3 2022: 13 funds opened new positions, 13 closed out, 23 added to existing stakes and 15 trimmed.
The largest buyer was Carson Wealth (CWM LLC), adding an estimated $6.14M. The largest seller was Bank of America, cutting an estimated $9.25M.
- 68 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q3 2022, unchanged from Q2 2022.
- Funds reported $102M of First Trust SSI Strategic Convertible Securities ETF stock for Q3 2022, up 4.8% quarter-over-quarter.
- 13 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q3 2022 and 13 closed out, a net change of 0 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q3 2022 was Carson Wealth (CWM LLC), an estimated $6.14M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q3 2022 was Bank of America, an estimated $9.25M sold.
Based on aggregated 13F filings for Q3 2022.