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First Trust Smith Unconstrained Bond ETF

184 hedge funds and large institutions have $1.2B invested in First Trust Smith Unconstrained Bond ETF in 2023 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 89 increasing their positions, 59 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 59

16% more funds holding in top 10

Funds holding in top 10: 1922 (+3)

13% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 23

0% more funds holding

Funds holding: 184184 (0)

2.67% less ownership

Funds ownership: 85.5%82.83% (-2.7%)

19% less capital invested

Capital invested by funds: $1.48B → $1.2B (-$274M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $321K

Holders
184
Holders Change
Holders Change %
0%
% of All Funds
2.89%
Holding in Top 10
22
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+15.79%
% of All Funds
0.35%
New
26
Increased
89
Reduced
59
Closed
23
Calls
Puts
$321K
Net Calls
-$321K
Net Calls Change
-$321K
Name Holding Trade Value Shares
Change
Change in
Stake
GPWA
26
Great Point Wealth Advisors
Massachusetts
$11.3M -$320K -13,124 -3%
OWA
27
Octavia Wealth Advisors
Ohio
$11.2M +$687K +28,229 +7%
CAN
28
Cetera Advisor Networks
California
$11M +$52.6K +2,159 +0.5%
AWA
29
Arkadios Wealth Advisors
Georgia
$10.5M +$831K +34,122 +8%
FAIM
30
Financial Advocates Investment Management
Washington
$10.4M -$230K -9,454 -2%
AWM
31
Apollon Wealth Management
South Carolina
$10.1M +$2.96M +121,740 +41%
CAPTRUST Financial Advisors
32
CAPTRUST Financial Advisors
North Carolina
$9.74M +$8.38M +344,011 +585%
HSA
33
HBK Sorce Advisory
Pennsylvania
$9.44M +$978K +40,159 +11%
AWM
34
AE Wealth Management
Kansas
$9.39M -$13.6M -557,639 -59%
PGWM
35
Pitti Group Wealth Management
New York
$9.07M -$108K -4,434 -1%
RCAG
36
Rehmann Capital Advisory Group
Michigan
$9.02M +$1.33M +54,716 +17%
WI
37
Wintrust Investments
Illinois
$8.9M +$1.38M +56,768 +18%
DAS
38
Dynamic Advisor Solutions
Arizona
$8.89M +$2.21M +90,974 +33%
Cambridge Investment Research Advisors
39
Cambridge Investment Research Advisors
Iowa
$8.61M -$3.24M -132,891 -27%
Mariner
40
Mariner
Kansas
$8.51M -$859K -35,295 -9%
RIA
41
Regal Investment Advisors
Michigan
$8.16M +$474K +19,465 +6%
LFGH
42
Lee Financial Group Hawaii
Hawaii
$8.09M -$80.6K -3,310 -1%
SPC
43
Sigma Planning Corp
Michigan
$8.06M -$641K -26,309 -7%
CG
44
Colony Group
Massachusetts
$7.86M -$602K -24,727 -7%
WCFA
45
Walkner Condon Financial Advisors
Wisconsin
$7.38M +$242K +9,935 +3%
SPIA
46
Steward Partners Investment Advisory
New York
$7.31M +$254K +10,450 +4%
VC
47
Vicus Capital
Pennsylvania
$6.85M -$1.84M -75,700 -21%
CPIG
48
Chicago Partners Investment Group
Illinois
$6.63M -$41.2K -1,691 -0.6%
MML Investors Services
49
MML Investors Services
Massachusetts
$6.33M +$179K +7,343 +3%
CA
50
CoreCap Advisors
Michigan
$6.02M +$6.07M +249,223 New

UCON Hedge Fund Activity: Q2 2023 in Review

184 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q2 2023, worth a combined $1.2B — down 19% from $1.48B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new UCON positions and 23 closed out — a net gain of 3 holders — while 89 added to existing stakes and 59 trimmed.

The largest buyer was Integrated Wealth Concepts, opening a new position worth an estimated $17.7M. The largest seller was Morgan Stanley, cutting an estimated $38.9M.

  • 184 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $1.2B of First Trust Smith Unconstrained Bond ETF stock for Q2 2023, down 19% quarter-over-quarter.
  • 26 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q2 2023 and 23 closed out, a net change of +3 holders.
  • The largest First Trust Smith Unconstrained Bond ETF buyer in Q2 2023 was Integrated Wealth Concepts, an estimated $17.7M added.
  • The largest First Trust Smith Unconstrained Bond ETF seller in Q2 2023 was Morgan Stanley, an estimated $38.9M sold.

Based on aggregated 13F filings for Q2 2023.