# Portfolio overlap — FASCX vs FCVT Comparing **K2 Alternative Strategies Fund** (2026-02-27) and **First Trust SSI Strategic Convertible Securities ETF** (2026-04-30). - Shared positions: 48 - K2 Alternative Strategies Fund covered by First Trust SSI Strategic Convertible Securities ETF: 0.08715193443460896354664390237 - First Trust SSI Strategic Convertible Securities ETF covered by K2 Alternative Strategies Fund: 0.08715193443460896354664390237 ## K2 Alternative Strategies Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | DREYFUS QII GOV CASH 289 | 0.089698 | | | FIDELITY GOVERNMENT PORTFOLIO FRGXX 1.85% 8/24/2018 - Extendable | 0.078686 | | | DREY-GVT CSH-I | 0.074503 | ✓ | | U.S. Treasury Bills | 0.028480 | | | U.S. Treasury Bills | 0.026507 | | | U.S. Treasury Bills | 0.022752 | | | WESTERN DIGITAL CORPORATION SR UNSEC CV 3.0% 11-15-28 | 0.016947 | ✓ | | U.S. Treasury Bills | 0.014164 | | | US TREASURY N/B | 0.011458 | | | Lumentum Holdings, Inc. | 0.010369 | | | U.S. Treasury Bills | 0.009455 | | | US TREASURY N/B | 0.008971 | | | Bloom Energy Corporation | 0.007726 | | | STX 3.5 06/01/28 | 0.007701 | ✓ | | BLOOM ENERGY CORP SR UNSECURED 06/29 3 | 0.007449 | | | InterDigital, Inc., Convertible | 0.007291 | ✓ | | UST BILLS 0% 05/14/2026 | 0.006604 | | | US TREASURY N/B | 0.006465 | | | IREN Ltd., Series IREN | 0.006438 | | | MASTEC INC | 0.006108 | | | CONSTELLATION ENERGY CORP | 0.005311 | | | MERCK & CO | 0.005146 | | | CVS HEALTH CORP | 0.005075 | | | XCEL ENERGY INC | 0.004721 | | | U.S. Treasury Bills | 0.004714 | | | LONZA GROUP -REG | 0.004689 | | | NEXTERA ENERGY INC | 0.004447 | | | MITSUB ELEC CORP | 0.004318 | | | US TREASURY N/B | 0.004268 | | | EDWARDS LIFESCIENCES CORP | 0.004247 | | | FIRSTENERGY CORP | 0.004035 | | | ENTERGY CORP | 0.004008 | | | MIDCAP FINL ISSU 11/01/27 | 0.003956 | | | AGILENT TECHNOLOGIES INC | 0.003815 | | | U.S. Treasury Bills | 0.003779 | | | ARGENX SE SPONSORED ADR | 0.003761 | | | FUTURE - CASH SETTLED | 0.003686 | | | ABBOTT LABS | 0.003666 | | | SATS 3.875 11/30/30 | 0.003664 | | | BEONE MEDICINES LTD ADR | 0.003450 | | | PROVINCIA DE BUENOS AIRES/GOVERNMENT BONDS MTN 6.625000% 09/01/2037 | 0.003426 | | | LILLY ELI and CO | 0.003403 | | | VAXCYTE INC | 0.003396 | | | SCHOLAR ROCK HOLDING CORP | 0.003395 | | | Nebius Group NV | 0.003262 | | | TEVA PHARMACEUTICAL IND ADR | 0.003206 | | | ROIVANT SCIENCES LTD | 0.003093 | | | Nebius Group NV | 0.003015 | | | BOEING CO/THE | 0.003011 | | | INSMED INC | 0.002973 | | ## First Trust SSI Strategic Convertible Securities ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | WESTERN DIGITAL CORPORATION SR UNSEC CV 3.0% 11-15-28 | 0.045102 | ✓ | | Lumentum Holdings Inc., Conv. | 0.038626 | | | DREY-GVT CSH-I | 0.026453 | ✓ | | Boeing Co. (The), Conv. Pfd. | 0.023624 | | | Morgan Stanley Finance LLC | 0.020426 | | | ON Semiconductor Corporation, Convertible | 0.018523 | ✓ | | NextEra Energy Capital Holdings, Inc., Convertible | 0.017763 | | | LYV 2.875 01/15/30 | 0.017562 | ✓ | | Morgan Stanley Finance LLC | 0.016406 | | | BLOOM ENERGY CORP CONV 0% 11/15/2030 144A | 0.016384 | | | Wells Fargo & Co., Series L, Conv. Pfd. | 0.013349 | | | ALBEMARLE CORP PFD | 0.013005 | | | BABA 0.5 06/01/31 | 0.012487 | | | Nebius Group NV 1.0%, Due 09/15/2030 | 0.012230 | | | NBIS 1.25 03/15/31 | 0.012130 | | | WELLTOWER OP LLC CV 144A SR UNSEC 2.75% 05-15-28 | 0.011283 | | | MKS INC SR UNSECURED 06/30 1.25 | 0.011073 | ✓ | | Oracle Corp., Series D | 0.010756 | | | BTSG 6.75 02/01/27 | 0.010602 | | | STX 3.5 06/01/28 | 0.010399 | ✓ | | IREN LTD SR UNSECURED 144A 07/31 0.0000 | 0.010375 | | | MICROCHIP TECHNOLOGY INC SER A 7.5% PC 03/15/2028 | 0.009809 | | | JAZZ INVTS I LTD CONV 3.125% 09/15/2030 | 0.009614 | | | Bank of America Corp., Series L, Conv. Pfd. | 0.009489 | | | HPE 7 5/8 | 0.009398 | | | SNOWFLAKE INC CONV 0% 10/01/2027 | 0.008981 | ✓ | | RIVN 3.625 10/15/30 | 0.008809 | | | IONS 0 12/01/30 | 0.008783 | ✓ | | Akamai Technologies, Inc., Convertible | 0.008738 | ✓ | | AEIS 2.5 09/15/28 | 0.008724 | | | CRWV 1.75 12/01/31 | 0.008695 | ✓ | | The Southern Company | 0.008663 | | | GVA 3 1/4 06/15/30 | 0.008235 | | | WT 4.625 08/15/30 | 0.008211 | | | MTSI 0 12/15/29 | 0.008136 | | | BWX Technologies, Inc., Convertible | 0.008067 | | | SMTC 0 10/15/30 | 0.008026 | ✓ | | WEC Energy Group, Inc., Convertible | 0.008022 | | | Viavi Solutions, Inc., Convertible | 0.007773 | ✓ | | SOLARIS ENERGY INFRASTRUCTURE SR UNSECURED 10/31 0.25 | 0.007731 | ✓ | | UBER TECHNOLOGIES INC SR UNSECURED 12/28 0.875 | 0.007706 | | | NEBIUS GROUP NV CONV 2.75% 09/15/2032 144A | 0.007386 | | | UCTT 0 03/15/31 | 0.007323 | | | QXO INC PREFERRED STOCK 05/28 5.5 | 0.007311 | | | MPUS 3 03/01/30 | 0.007138 | | | LEU 0 08/15/32 | 0.006986 | | | PLANET LABS PBC CONV 0.5% 10/15/2030 144A | 0.006949 | ✓ | | ZTS 0.25 06/15/29 | 0.006691 | ✓ | | CORZ 0 06/15/31 | 0.006542 | ✓ | | DOCN 0 08/15/30 | 0.006449 | ✓ | ## Sources - N-PORT (fund A) — accession `0000940400-26-014752` (as of 2026-02-27) - N-PORT (fund B) — accession `0000940400-26-024899` (as of 2026-04-30) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _