First Trust Smith Unconstrained Bond ETF
UCON
32 hedge funds and large institutions have $150M invested in First Trust Smith Unconstrained Bond ETF in 2019 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
45% more funds holding
Funds holding: 22 → 32 (+10)
26% more capital invested
Capital invested by funds: $119M → $150M (+$30.9M)
6.7% more ownership
Funds ownership: 66.23% → 72.93% (+6.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$16.3M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$6.01M |
| 3 |
WA
WESPAC Advisors
Orinda,
California
|
+$2.58M |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$2.36M |
| 5 |
Jane Street
New York
|
+$2.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$3.11M |
| 2 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$2.6M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$990K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$238K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$221K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FTUS
26
Flow Traders U.S.
New York
| $256K | +$254K | +9,962 | New |
|
|
TSS
27
Two Sigma Securities
New York
| $223K | +$221K | +8,653 | New |
|
|
BCI
28
Brinker Capital Investments
Berwyn,
Pennsylvania
| $160K | +$159K | +6,216 | New |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $151K | +$151K | +5,900 | New |
|
|
CWA
30
Clarus Wealth Advisors
Peoria,
Arizona
| $8K | +$8.14K | +319 | New |
|
31
Morgan Stanley
New York
| $6K | +$5.46K | +214 | New |
|
|
32
Cetera Investment Advisers
Schaumburg,
Illinois
| – | -$238K | -9,344 | Closed |
|
|
CA
33
Cetera Advisors
Denver,
Colorado
| – | -$221K | -8,671 | Closed |
|
34
MML Investors Services
Springfield,
Massachusetts
| – | -$203K | -8,010 | Closed |
|
UCON Hedge Fund Activity: Q2 2019 in Review
32 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q2 2019, worth a combined $150M — up 26% from $119M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new UCON positions and 3 closed out — a net gain of 10 holders — while 13 added to existing stakes and 5 trimmed.
The largest buyer was LPL Financial, adding an estimated $16.3M. The largest seller was Citadel Advisors, cutting an estimated $3.11M.
- 32 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q2 2019, up from 22 in Q1 2019.
- Funds reported $150M of First Trust Smith Unconstrained Bond ETF stock for Q2 2019, up 26% quarter-over-quarter.
- 13 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q2 2019 and 3 closed out, a net change of +10 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q2 2019 was LPL Financial, an estimated $16.3M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q2 2019 was Citadel Advisors, an estimated $3.11M sold.
Based on aggregated 13F filings for Q2 2019.