First Trust Smith Unconstrained Bond ETF
UCON
43 hedge funds and large institutions have $137M invested in First Trust Smith Unconstrained Bond ETF in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 21 reducing their positions, and 10 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
10% more capital invested
Capital invested by funds: $125M → $137M (+$12.7M)
2.89% more ownership
Funds ownership: 70.25% → 73.14% (+2.9%)
0% more funds holding
Funds holding: 43 → 43 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
57% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$10.5M |
| 2 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
+$8.08M |
| 3 |
NCM
Northwest Capital Management
Lake Oswego,
Oregon
|
+$1.29M |
| 4 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
+$672K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$487K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.52M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.69M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.3M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$1.26M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
51
Next Financial Group
Houston,
Texas
| – | -$221K | -9,169 | Closed |
|
|
APWM
52
Atlas Private Wealth Management
Albany,
New York
| – | -$4K | -150 | Closed |
|
53
UBS Group
Zurich,
Switzerland
| – | -$3K | -142 | Closed |
|
UCON Hedge Fund Activity: Q2 2020 in Review
43 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q2 2020, worth a combined $137M — up 10% from $125M a quarter earlier.
Fund positioning in UCON was balanced in Q2 2020: 10 funds opened new positions, 10 closed out, 9 added to existing stakes and 21 trimmed.
The largest buyer was Atria Investments, opening a new position worth an estimated $10.5M. The largest seller was Janney Montgomery Scott, cutting an estimated $4M.
- 43 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q2 2020, unchanged from Q1 2020.
- Funds reported $137M of First Trust Smith Unconstrained Bond ETF stock for Q2 2020, up 10% quarter-over-quarter.
- 10 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q2 2020 and 10 closed out, a net change of 0 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q2 2020 was Atria Investments, an estimated $10.5M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q2 2020 was Janney Montgomery Scott, an estimated $4M sold.
Based on aggregated 13F filings for Q2 2020.