First Trust Smith Unconstrained Bond ETF
UCON
43 hedge funds and large institutions have $153M invested in First Trust Smith Unconstrained Bond ETF in 2019 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 18 increasing their positions, 6 reducing their positions, and 5 closing their positions.
240% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 5
200% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 6
34% more funds holding
Funds holding: 32 → 43 (+11)
24% more capital invested
Capital invested by funds: $124M → $153M (+$29.4M)
15.16% more ownership
Funds ownership: 56.31% → 71.47% (+15%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$10.2M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$8.93M |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$7.94M |
| 4 |
NCM
Northwest Capital Management
Lake Oswego,
Oregon
|
+$4.99M |
| 5 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
+$4.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.59M |
| 3 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$463K |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
-$295K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$201K |
UCON Hedge Fund Activity: Q4 2019 in Review
43 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q4 2019, worth a combined $153M — up 24% from $124M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new UCON positions and 5 closed out — a net gain of 12 holders — while 18 added to existing stakes and 6 trimmed.
The largest buyer was HighTower Advisors, adding an estimated $10.2M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $11M sold.
- 43 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q4 2019, up from 32 in Q3 2019.
- Funds reported $153M of First Trust Smith Unconstrained Bond ETF stock for Q4 2019, up 24% quarter-over-quarter.
- 17 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q4 2019 and 5 closed out, a net change of +12 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q4 2019 was HighTower Advisors, an estimated $10.2M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q4 2019 was Susquehanna International Group, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2019.