First Trust Smith Unconstrained Bond ETF
UCON
57 hedge funds and large institutions have $175M invested in First Trust Smith Unconstrained Bond ETF in 2020 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 2 closing their positions.
800% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 2
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
39% more funds holding
Funds holding: 41 → 57 (+16)
17% more capital invested
Capital invested by funds: $150M → $175M (+$25.1M)
3.13% more ownership
Funds ownership: 69.5% → 72.63% (+3.1%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$4.82M |
| 2 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
+$3.71M |
| 3 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
+$3.67M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.36M |
| 5 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.39M |
| 2 |
Jane Street
New York
|
-$1.52M |
| 3 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$1.27M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$596K |
| 5 |
WA
WESPAC Advisors
Orinda,
California
|
-$302K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TPWA
51
TRUE Private Wealth Advisors
Salem,
Oregon
| $170K | +$46.2K | +1,748 | +38% |
|
|
IWP
52
IAG Wealth Partners
Waukesha,
Wisconsin
| $113K | -$3.7K | -140 | -3% |
|
|
BFEC
53
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $87K | +$86.6K | +3,274 | New |
|
|
IA
54
IFP Advisors
Tampa,
Florida
| $42K | +$42.1K | +1,592 | New |
|
55
Wells Fargo
San Francisco,
California
| $31K | +$53 | +2 | +0.2% |
|
56
Morgan Stanley
New York
| $16K | +$10.3K | +390 | +182% |
|
|
APA
57
American Portfolios Advisors
Holbrook,
New York
| $16K | +$15.8K | +598 | New |
|
|
58
Jane Street
New York
| – | -$1.52M | -57,912 | Closed |
|
|
GSWM
59
Golden State Wealth Management
Santa Ana,
California
| – | -$42K | -1,600 | Closed |
|
UCON Hedge Fund Activity: Q4 2020 in Review
57 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q4 2020, worth a combined $175M — up 17% from $150M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new UCON positions and 2 closed out — a net gain of 16 holders — while 25 added to existing stakes and 13 trimmed.
The largest buyer was HBK Sorce Advisory, opening a new position worth an estimated $4.82M. The largest seller was Osaic Holdings, cutting an estimated $4.39M.
- 57 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q4 2020, up from 41 in Q3 2020.
- Funds reported $175M of First Trust Smith Unconstrained Bond ETF stock for Q4 2020, up 17% quarter-over-quarter.
- 18 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q4 2020 and 2 closed out, a net change of +16 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q4 2020 was HBK Sorce Advisory, an estimated $4.82M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q4 2020 was Osaic Holdings, an estimated $4.39M sold.
Based on aggregated 13F filings for Q4 2020.