First Trust Capital Management L.P.
Q4 2025 13F-HR Holdings
Net value change ($000)
+101,346
(6.5%)
New positions
75
Sold out positions
34
Turnover %
96.2%
Sector allocation + QoQ delta (equities-only)
Holdings aggregated across other managers listed in the original SEC filing. View detailed breakdown
Snapshot: Change Analysis
Compared to Q3 2025
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| CADE | 90,503 | NEW |
| DAY | 66,322 | NEW |
| CMA | 65,748 | NEW |
| ALEX | 50,425 | NEW |
| CDTX | 45,334 | NEW |
| HI | 42,597 | NEW |
| SNV | 41,974 | NEW |
| CWAN | 35,689 | NEW |
| EXAS | 27,915 | NEW |
| SEE | 26,218 | NEW |
Top Reduces (Value $000, Stocks/ETFs)
| WNS | -103,818 | -100.0% |
| VRNA | -97,013 | -100.0% |
| VBTX | -86,113 | -100.0% |
| COOP | -72,843 | -100.0% |
| Aris Water Solutions, Inc. | -45,496 | -100.0% |
| KEL | -38,985 | -100.0% |
| TRML | -33,278 | -100.0% |
| AVDX | -33,272 | -100.0% |
| EA | -30,490 | -60.5% |
| Merus N.V. | -23,100 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|