First Trust SSI Strategic Convertible Securities ETF
FCVT
41 hedge funds and large institutions have $34.6M invested in First Trust SSI Strategic Convertible Securities ETF in 2024 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 4 closing their positions.
11.66% more ownership
Funds ownership: 42.03% → 53.7% (+12%)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2% less funds holding
Funds holding: 42 → 41 (-1)
8% less capital invested
Capital invested by funds: $37.7M → $34.6M (-$3.18M)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$3.56M |
| 2 |
EC
Elequin Capital
New York
|
+$2.18M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$340K |
| 4 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$227K |
| 5 |
IWM
Iams Wealth Management
Omaha,
Nebraska
|
+$198K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
-$2.67M |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$1.87M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.28M |
| 4 |
Jane Street
New York
|
-$960K |
| 5 |
Morgan Stanley
New York
|
-$765K |
FCVT Hedge Fund Activity: Q3 2024 in Review
41 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q3 2024, worth a combined $34.6M — down 8.4% from $37.7M a quarter earlier.
Fund positioning in FCVT was balanced in Q3 2024: 4 funds opened new positions, 4 closed out, 12 added to existing stakes and 17 trimmed.
The largest buyer was International Assets Investment Management, adding an estimated $3.56M. The largest seller was Concurrent Investment Advisors, cutting an estimated $2.67M.
- 41 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q3 2024, down from 42 in Q2 2024.
- Funds reported $34.6M of First Trust SSI Strategic Convertible Securities ETF stock for Q3 2024, down 8.4% quarter-over-quarter.
- 4 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q3 2024 and 4 closed out, a net change of 0 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q3 2024 was International Assets Investment Management, an estimated $3.56M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q3 2024 was Concurrent Investment Advisors, an estimated $2.67M sold.
Based on aggregated 13F filings for Q3 2024.