First Trust Smith Unconstrained Bond ETF
UCON
141 hedge funds and large institutions have $832M invested in First Trust Smith Unconstrained Bond ETF in 2022 Q1 according to their latest regulatory filings, with 40 funds opening new positions, 59 increasing their positions, 31 reducing their positions, and 12 closing their positions.
233% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 12
90% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 31
29% more capital invested
Capital invested by funds: $643M → $832M (+$189M)
23% more funds holding
Funds holding: 115 → 141 (+26)
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
4.38% less ownership
Funds ownership: 78.98% → 74.6% (-4.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$28M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$18.6M |
| 3 |
VWA
Visionary Wealth Advisors
O'fallon,
Illinois
|
+$15.6M |
| 4 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
+$15.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$11.4M |
| 2 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$6.41M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.78M |
| 4 |
CCA
Childress Capital Advisors
Houston,
Texas
|
-$2.38M |
| 5 |
BWM
BlackDiamond Wealth Management
New York
|
-$2.29M |
UCON Hedge Fund Activity: Q1 2022 in Review
141 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q1 2022, worth a combined $832M — up 29% from $643M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new UCON positions and 12 closed out — a net gain of 28 holders — while 59 added to existing stakes and 31 trimmed.
The largest buyer was LPL Financial, adding an estimated $28M. The largest seller was First Trust Advisors, cutting an estimated $11.4M.
- 141 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q1 2022, up from 115 in Q4 2021.
- Funds reported $832M of First Trust Smith Unconstrained Bond ETF stock for Q1 2022, up 29% quarter-over-quarter.
- 40 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q1 2022 and 12 closed out, a net change of +28 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q1 2022 was LPL Financial, an estimated $28M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q1 2022 was First Trust Advisors, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2022.