FTC SOLAR INC FTCI
COM · Common Stock · CUSIP 30320C103
- SectorTechnology
- IndustrySemiconductors & Related Devices
- HeadquartersAustin, TX
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($439 this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $2.26. Options: 5 managers hold calls ($201.7k notional), 2 hold puts ($6.8k).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 79 |
| Q4 2022 | 83 |
| Q1 2023 | 85 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 44 | 38 |
| Q1 2023 | 48 | 35 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $792.0k | $96.0k | 0.12 |
| Q4 2022 | $1.5m | $9.4k | 0.01 |
| Q1 2023 | $201.7k | $6.8k | 0.03 |
Biggest buyers
| Handelsbanken Fonder AB | New | +2.8m |
| Maven Securities LTD | New | +1.2m |
| J. Goldman & Co LP | Added | +1.0m |
| MILLENNIUM MANAGEMENT LLC | Added | +731.9k |
| Invesco Ltd. | Added | +601.3k |
| Diametric Capital, LP | Added | +410.3k |
| Covalis Capital LLP | New | +365.3k |
| WESTWOOD HOLDINGS GROUP INC | New | +333.1k |
| VANGUARD GROUP INC | Added | +308.1k |
| Point72 Asset Management, L.P. | New | +300.0k |
Biggest sellers
| Cinctive Capital Management LP | Reduced | -3.3m |
| Arosa Capital Management LP | Sold out | -1.5m |
| AWM Investment Company, Inc. | Sold out | -259.7k |
| JPMORGAN CHASE & CO | Reduced | -219.2k |
| GSA CAPITAL PARTNERS LLP | Sold out | -205.4k |
| Man Group plc | Sold out | -201.0k |
| BANK OF AMERICA CORP /DE/ | Reduced | -152.9k |
| WOLVERINE TRADING, LLC | Sold out | -68.4k |
| SIMPLEX TRADING, LLC | Sold out | -64.7k |
| MORGAN STANLEY | Reduced | -64.5k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $84.2k37.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $76.3k33.9k shares |
| GROUP ONE TRADING LLC | New | $36.2k16.1k shares |
| SIMPLEX TRADING, LLC | Added | $5.0k2.3k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $6.8k3.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| ARC Family Trust 13G · exempt (held before listing) filed 2025-02-14 | 11.7% |
| Springer David 13G · exempt (held before listing) -1.9 pts · filed 2026-02-13 | 5.3% |
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $151.5k | 0 | — | — |
| Q1 2022 | 0 | — | 6 | $3.5m | — |
| Q2 2022 | 2 | $1.4m | 2 | $382.4k | — |
| Q3 2022 | 0 | — | 4 | $2.9m | — |
| Q4 2022 | 0 | — | 6 | $1.1m | — |
| Q1 2023 | 0 | — | 7 | $1.6m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-03-14 | Morris Robert Phelps Chief Financial Officer | Sold | $44.4k18.2k shares |
| 2023-03-14 | Hunkler Sean President & CEO, director | Sold | $13.6k5.1k shares |
| 2023-03-14 | Nolde Kristian VP, MARKETING AND STRATEGY | Sold | $3.3k1.3k shares |
| 2023-03-14 | Behnen Cathy CHIEF ACCOUNTING OFFICER | Sold | $2.3k870 shares |
| 2023-03-13 | Aminpour Sasan Chief Operating Officer | Sold | $219.9k83.0k shares |
| 2023-03-09 | Aminpour Sasan Chief Operating Officer | Sold | $19.0k6.4k shares |
| 2023-03-08 | Nolde Kristian VP, MARKETING AND STRATEGY | Sold | $99.3k34.0k shares |
| 2023-03-08 | Aminpour Sasan Chief Operating Officer | Sold | $61.8k20.6k shares |
| 2023-03-06 | Aminpour Sasan Chief Operating Officer | Sold | $126.0k40.0k shares |
| 2023-03-03 | ARC Family Trust 10% owner | Sold | $2.8m1.0m shares |
| 2023-03-03 | Cherukupalli Nagendra CHIEF TECHNOLOGY OFFICER | Sold | $446.4k155.0k shares |
| 2023-03-03 | Hunkler Sean President & CEO, director | Sold | $211.0k72.5k shares |
| 2023-03-03 | Cook Patrick Chief Commercial Officer | Sold | $34.8k11.5k shares |
| 2023-03-03 | Morris Robert Phelps Chief Financial Officer | Sold | $25.2k8.4k shares |
| 2023-03-03 | Behnen Cathy CHIEF ACCOUNTING OFFICER | Sold | $16.0k5.5k shares |
| 2023-03-03 | Aminpour Sasan Chief Operating Officer | Sold | $14.6k5.0k shares |
| 2023-03-01 | Nolde Kristian VP, MARKETING AND STRATEGY | Sold | $60.4k20.0k shares |
| 2023-02-27 | ARC Family Trust 10% owner | Sold | $277.0k100.0k shares |
| 2023-02-21 | ARC Family Trust 10% owner | Sold | $274.0k100.0k shares |
| 2023-02-14 | ARC Family Trust 10% owner | Sold | $81.3k30.0k shares |
| 2023-02-14 | Hunkler Sean President & CEO, director | Sold | $17.7k6.5k shares |
| 2023-02-14 | Behnen Cathy CHIEF ACCOUNTING OFFICER | Sold | $2.4k910 shares |
| 2023-02-13 | ARC Family Trust 10% owner | Sold | $188.3k70.0k shares |
| 2023-02-06 | ARC Family Trust 10% owner | Sold | $290.0k100.0k shares |
| 2023-01-31 | ARC Family Trust 10% owner | Sold | $68.0k25.0k shares |
| 2023-01-30 | ARC Family Trust 10% owner | Sold | $207.0k75.0k shares |
| 2023-01-23 | ARC Family Trust 10% owner | Sold | $310.0k100.0k shares |
| 2023-01-17 | ARC Family Trust 10% owner | Sold | $260.0k100.0k shares |
| 2023-01-13 | Hunkler Sean President & CEO, director | Sold | $17.4k6.4k shares |
| 2023-01-13 | Behnen Cathy CHIEF ACCOUNTING OFFICER | Sold | $2.4k883 shares |
The latest 30 of 37 trades.
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| Invesco Ltd. 0.00% of their portfolio | 5.2m $11.7m | Added +601.3k |
| Hill City Capital, LP 1.91% of their portfolio | 4.3m $9.7m | Added +150.0k |
| BlackRock Inc. 0.00% of their portfolio | 4.0m $9.0m | Added +189.1k |
| J. Goldman & Co LP 0.50% of their portfolio | 3.8m $8.5m | Added +1.0m |
| Handelsbanken Fonder AB 0.04% of their portfolio | 2.8m $6.3m | New |
| VANGUARD GROUP INC 0.00% of their portfolio | 2.3m $5.1m | Added +308.1k |
| Rock Point Advisors, LLC 0.92% of their portfolio | 1.2m $2.7m | Reduced -21.1k |
| Maven Securities LTD 0.42% of their portfolio | 1.2m $2.7m | New |
| STATE STREET CORP 0.00% of their portfolio | 801.1k $1.8m | Reduced -33.2k |
| KBC Group NV 0.01% of their portfolio | 774.2k $1.7m | Added +17.9k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 750.5k $1.7m | Added +32.0k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 747.2k $1.7m | Added +731.9k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 639.4k $1.4m | Reduced -8.6k |
| Diametric Capital, LP 0.57% of their portfolio | 523.0k $1.2m | Added +410.3k |
| EDMOND DE ROTHSCHILD HOLDING S.A. 0.02% of their portfolio | 450.0k $1.0m | Added +283.4k |
| CUSHING ASSET MANAGEMENT, LP dba NXG INVESTMENT MANAGEMENT 0.09% of their portfolio | 408.7k $919.6k | Added +29.1k |
| Cinctive Capital Management LP 0.03% of their portfolio | 391.0k $879.7k | Reduced -3.3m |
| Covalis Capital LLP 0.23% of their portfolio | 365.3k $821.9k | New |
| NORTHERN TRUST CORP 0.00% of their portfolio | 334.9k $753.5k | Reduced -3.1k |
| WESTWOOD HOLDINGS GROUP INC 0.01% of their portfolio | 333.1k $749.0k | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 300.0k $675.0k | New |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 288.7k $649.7k | Added +46.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 273.3k $615.0k | Added +18.9k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 232.2k $522.4k | Added +34.6k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 177.8k $400.1k | Reduced -13.9k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 169.6k $381.5k | Reduced -152.9k |
| Nuveen Asset Management, LLC 0.00% of their portfolio | 148.6k $334.0k | Reduced -33.9k |
| GARNET EQUITY CAPITAL HOLDINGS, INC. 0.50% of their portfolio | 140.0k $315.0k | New |
| PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 137.2k $308.7k | Added +80.1k |
| MORGAN STANLEY 0.00% of their portfolio | 132.8k $298.9k | Reduced -64.5k |
| Vident Investment Advisory, LLC 0.01% of their portfolio | 127.7k $287.4k | New |
| ARS Investment Partners, LLC 0.03% of their portfolio | 117.3k $263.9k | Added +5.0k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.00% of their portfolio | 113.6k $255.5k | Reduced -1.6k |
| Man Group plc 0.00% of their portfolio | 110.0k $247.4k | New |
| STOREBRAND ASSET MANAGEMENT AS 0.00% of their portfolio | 106.7k $240.1k | Unchanged |
| Verition Fund Management LLC 0.00% of their portfolio | 106.5k $239.5k | Added +81.4k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 103.6k $233.1k | Reduced -46.1k |
| XTX Topco Ltd 0.05% of their portfolio | 102.2k $230.1k | Added +89.0k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 99.7k $224.3k | New |
| Vontobel Holding Ltd. 0.00% of their portfolio | 96.5k $217.1k | Added +19.2k |
| Dynamic Technology Lab Private Ltd 0.02% of their portfolio | 85.0k $191.0k | New |
| Werba Rubin Papier Wealth Management 0.05% of their portfolio | 60.5k $136.1k | Unchanged |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 57.6k $130.0k | Reduced -219 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 55.0k $123.7k | Added +43.4k |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 53.7k $120.8k | Reduced -135 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 47.8k $107.5k | Added +25.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 41.4k $94.0k | Unchanged |
| Squarepoint Ops LLC 0.00% of their portfolio | 38.7k $87.1k | Added +26.6k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 32.9k $74.0k | Reduced -219.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 27.7k $62.4k | Added +4.0k |
| FMR LLC 0.00% of their portfolio | 23.7k $53.3k | Added +22.5k |
| BARCLAYS PLC 0.00% of their portfolio | 21.7k $48.8k | Added +10.2k |
| Activest Wealth Management 0.03% of their portfolio | 21.6k $45.4k | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 20.7k $46.6k | Added +411 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 19.9k $44.8k | Added +51 |
| UBS Group AG 0.00% of their portfolio | 19.4k $43.7k | Reduced -5.4k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 15.9k $35.9k | Reduced -1.2k |
| SG Americas Securities, LLC 0.00% of their portfolio | 15.9k $36.0k | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 15.9k $35.8k | Unchanged |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 14.0k $31.5k | Added +472 |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 13.4k $30.1k | Unchanged |
| Allspring Global Investments Holdings, LLC 0.00% of their portfolio | 13.2k $29.6k | Added +8.7k |
| IRIDIAN ASSET MANAGEMENT LLC/CT 0.00% of their portfolio | 12.8k $28.8k | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 11.4k $25.7k | Unchanged |
| ASPIRIANT, LLC 0.00% of their portfolio | 10.0k $22.5k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 5.9k $13.0k | Reduced -829 |
| Belpointe Asset Management LLC 0.00% of their portfolio | 5.6k $12.7k | Unchanged |
| Legal & General Group Plc 0.00% of their portfolio | 5.5k $12.3k | Unchanged |
| FinTrust Capital Advisors, LLC 0.00% of their portfolio | 3.8k $10.1k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 3.6k $8.0k | Reduced -31.5k |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 3.4k $8.0k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 3.2k $7.3k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 3.2k $7.1k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 2.3k $5.0k | Reduced -21.4k |
| Pointe Capital Management LLC 0.00% of their portfolio | 1.0k $2.2k | New |
| Orion Capital Management LLC 0.00% of their portfolio | 1.0k $2.2k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 954 $2.1k | New |
| Ellevest, Inc. 0.00% of their portfolio | 610 $1.4k | Added +161 |
| CWM, LLC 0.00% of their portfolio | 400 $1.0k | New |
| US BANCORP \DE\ 0.00% of their portfolio | 358 $806 | New |
| Glassman Wealth Services 0.00% of their portfolio | 348 $783 | Unchanged |
| WOLFF WIESE MAGANA LLC 0.00% of their portfolio | 200 $450 | Unchanged |
| Cubist Systematic Strategies, LLC 0.00% of their portfolio | 195 $439 | New |
| TORONTO DOMINION BANK 0.00% of their portfolio | 10 $0 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |