First Trust Smith Unconstrained Bond ETF
UCON
256 hedge funds and large institutions have $2.51B invested in First Trust Smith Unconstrained Bond ETF in 2024 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 144 increasing their positions, 64 reducing their positions, and 14 closing their positions.
136% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 14
125% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 64
20% more funds holding in top 10
Funds holding in top 10: 20 → 24 (+4)
20% more capital invested
Capital invested by funds: $2.1B → $2.51B (+$412M)
7% more funds holding
Funds holding: 240 → 256 (+16)
1.3% less ownership
Funds ownership: 83.78% → 82.48% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$59M |
| 2 |
LPL Financial
San Diego,
California
|
+$55M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$40.9M |
| 4 |
Morgan Stanley
New York
|
+$27.3M |
| 5 |
JP Morgan Chase
New York
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$13.3M |
| 2 |
VWA
Visionary Wealth Advisors
O'fallon,
Illinois
|
-$12.9M |
| 3 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$10.7M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$8.09M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$7.45M |
UCON Hedge Fund Activity: Q3 2024 in Review
256 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q3 2024, worth a combined $2.51B — up 20% from $2.1B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new UCON positions and 14 closed out — a net gain of 19 holders — while 144 added to existing stakes and 64 trimmed.
The largest buyer was Wells Fargo, adding an estimated $59M. The largest seller was Citadel Advisors, exiting entirely with an estimated $13.3M sold.
- 256 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q3 2024, up from 240 in Q2 2024.
- Funds reported $2.51B of First Trust Smith Unconstrained Bond ETF stock for Q3 2024, up 20% quarter-over-quarter.
- 33 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q3 2024 and 14 closed out, a net change of +19 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q3 2024 was Wells Fargo, an estimated $59M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q3 2024 was Citadel Advisors, an estimated $13.3M sold.
Based on aggregated 13F filings for Q3 2024.