First Trust SSI Strategic Convertible Securities ETF
FCVT
60 hedge funds and large institutions have $86.8M invested in First Trust SSI Strategic Convertible Securities ETF in 2026 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 22 reducing their positions, and 12 closing their positions.
13% more capital invested
Capital invested by funds: $76.8M → $86.8M (+$10M)
0.59% less ownership
Funds ownership: 72.4% → 71.81% (-0.59%)
6% less funds holding
Funds holding: 64 → 60 (-4)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
27% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
+$5.65M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.35M |
| 3 |
EC
Elequin Capital
New York
|
+$2.53M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
+$584K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$568K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.62M |
| 2 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$3.18M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.28M |
| 4 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$2.26M |
| 5 |
FFAS
FIG Financial Advisory Services
Oklahoma City,
Oklahoma
|
-$2.2M |
FCVT Hedge Fund Activity: Q2 2026 in Review
60 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in First Trust SSI Strategic Convertible Securities ETF (FCVT) for Q2 2026, worth a combined $86.8M — up 13% from $76.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FCVT and 9 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 16 added.
The largest buyer was Concurrent Investment Advisors, adding an estimated $5.65M. The largest seller was Jane Street, cutting an estimated $3.62M.
- 60 institutional investors held First Trust SSI Strategic Convertible Securities ETF (FCVT) as of Q2 2026, down from 64 in Q1 2026.
- Funds reported $86.8M of First Trust SSI Strategic Convertible Securities ETF stock for Q2 2026, up 13% quarter-over-quarter.
- 9 funds opened new First Trust SSI Strategic Convertible Securities ETF positions in Q2 2026 and 12 closed out, a net change of -3 holders.
- The largest First Trust SSI Strategic Convertible Securities ETF buyer in Q2 2026 was Concurrent Investment Advisors, an estimated $5.65M added.
- The largest First Trust SSI Strategic Convertible Securities ETF seller in Q2 2026 was Jane Street, an estimated $3.62M sold.
Based on aggregated 13F filings for Q2 2026.