FIRST TR EXCHANGE-TRADED FD FCVT
SSI STRG ETF · ETP · CUSIP 33739Q507
42
institutional holders
-7 vs Q4 2023
1.4m
shares reported held*
$46.4mreported value*
5 new
4 added
23 reduced
12 sold out
net sold ≈ $14.1m (-413.0k shares)
* 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. Holder counts are more reliable. Implied quarter-end price ≈ $34.08.
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 68 |
| Q4 2022 | 60 |
| Q1 2023 | 46 |
| Q2 2023 | 42 |
| Q3 2023 | 42 |
| Q4 2023 | 49 |
| Q1 2024 | 42 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 26 | 39 |
| Q1 2023 | 11 | 43 |
| Q2 2023 | 10 | 27 |
| Q3 2023 | 8 | 32 |
| Q4 2023 | 21 | 25 |
| Q1 2024 | 9 | 35 |
Biggest buyers
| MORGAN STANLEY | Added | +97.2k |
| Private Advisory Group LLC | New | +74.2k |
| Elequin Capital, LP | New | +56.5k |
| Cetera Investment Advisers | New | +33.1k |
| Continuum Advisory, LLC | New | +3.9k |
| Tidemark, LLC | Added | +2.5k |
| JPMORGAN CHASE & CO | Added | +486 |
| ASSETMARK, INC | New | +224 |
| STIFEL FINANCIAL CORP | Added | +37 |
Biggest sellers
| JANE STREET GROUP, LLC | Reduced | -355.3k |
| Retireful, LLC | Sold out | -89.2k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -72.2k |
| Cetera Advisor Networks LLC | Sold out | -28.7k |
| TRUIST FINANCIAL CORP | Sold out | -27.9k |
| GUGGENHEIM CAPITAL LLC | Reduced | -16.3k |
| ROYAL BANK OF CANADA | Reduced | -16.1k |
| Equitable Holdings, Inc. | Sold out | -10.6k |
| MERCER GLOBAL ADVISORS INC /ADV | Sold out | -8.9k |
| Csenge Advisory Group | Sold out | -6.8k |
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 |
|---|---|
| FIRST TRUST PORTFOLIOS LP 13G · institution -2.3 pts · filed 2025-07-21 | 8.2% |
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 306.2k $10.4m | Added +97.2k |
| LPL Financial LLC 0.00% of their portfolio | 149.6k $5.1m | Reduced -1.4k |
| Coppell Advisory Solutions Corp. 0.78% of their portfolio | 121.0k $4.1m | First filing |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 89.4k $3.0m | Reduced -355.3k |
| FIRST HAWAIIAN BANK 0.08% of their portfolio | 77.5k $2.6m | Unchanged |
| Private Advisory Group LLC 0.36% of their portfolio | 74.2k $2.5m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 71.1k $2.4m | Reduced -16.1k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 64.5k $2.2m | Reduced -2.2k |
| Elequin Capital, LP 0.37% of their portfolio | 56.5k $1.9m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 53.2k $1.8m | Reduced -2.6k |
| Cetera Investment Advisers 0.00% of their portfolio | 33.1k $1.1m | New |
| Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio | 31.9k $1.1m | Reduced -691 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 27.8k $944.4k | Reduced -5.1k |
| GUGGENHEIM CAPITAL LLC 0.01% of their portfolio | 25.2k $860.8k | Reduced -16.3k |
| Tidemark, LLC 0.46% of their portfolio | 24.4k $831.9k | Added +2.5k |
| American Financial Advisors, LLC 0.11% of their portfolio | 23.3k $792.6k | Reduced -6.5k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 20.0k $681.0k | Reduced -1.1k |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 15.2k $517.3k | Reduced -583 |
| Concentrum Wealth Management 0.23% of their portfolio | 14.9k $508.4k | Reduced -437 |
| Stratos Wealth Partners, LTD. 0.01% of their portfolio | 13.7k $467.8k | Reduced -143 |
| SkyOak Wealth, LLC 0.10% of their portfolio | 12.4k $421.6k | Unchanged |
| COTTONWOOD CAPITAL ADVISORS, LLC 0.31% of their portfolio | 12.0k $394.9k | Reduced -323 |
| PURSUE WEALTH PARTNERS LLC 0.16% of their portfolio | 8.0k $272.7k | Unchanged |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 7.1k $241.8k | Reduced -72.2k |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 6.5k $223.0k | Reduced -5.3k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 6.4k $218.1k | Added +37 |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio | 4.8k $165.0k | Reduced -2.6k |
| Continuum Advisory, LLC 0.02% of their portfolio | 3.9k $130.7k | New |
| Tyler-Stone Wealth Management 0.04% of their portfolio | 2.3k $78.9k | Reduced -1.0k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 2.0k $69.3k | Added +486 |
| CWM, LLC 0.00% of their portfolio | 1.1k $38.0k | Reduced -190 |
| HARBOR INVESTMENT ADVISORY, LLC 0.00% of their portfolio | 850 $29.0k | Unchanged |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 428 $14.6k | Reduced -798 |
| BLAIR WILLIAM & CO/IL 0.00% of their portfolio | 295 $10.1k | Unchanged |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 258 $8.0k | Reduced -474 |
| UBS Group AG 0.00% of their portfolio | 225 $7.7k | Reduced -493 |
| ASSETMARK, INC 0.00% of their portfolio | 224 $7.6k | New |
| Caitlin John, LLC 0.00% of their portfolio | 108 $3.7k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 30 $1.0k | Reduced -11 |
| Cape Investment Advisory, Inc. 0.00% of their portfolio | 21 $716 | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1 $37 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |