First Trust Smith Unconstrained Bond ETF
UCON
115 hedge funds and large institutions have $643M invested in First Trust Smith Unconstrained Bond ETF in 2021 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 52 increasing their positions, 21 reducing their positions, and 3 closing their positions.
967% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 3
148% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 21
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
37% more capital invested
Capital invested by funds: $469M → $643M (+$175M)
31% more funds holding
Funds holding: 88 → 115 (+27)
5.83% more ownership
Funds ownership: 73.16% → 78.98% (+5.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$52.1M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$31.8M |
| 3 |
LPL Financial
San Diego,
California
|
+$15.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$13.9M |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$8.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$3.72M |
| 2 |
NCM
Northwest Capital Management
Lake Oswego,
Oregon
|
-$2.94M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$2.86M |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$2.81M |
| 5 |
Jane Street
New York
|
-$1.96M |
UCON Hedge Fund Activity: Q4 2021 in Review
115 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q4 2021, worth a combined $643M — up 37% from $469M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new UCON positions and 3 closed out — a net gain of 29 holders — while 52 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $52.1M. The largest seller was AE Wealth Management, cutting an estimated $3.72M.
- 115 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q4 2021, up from 88 in Q3 2021.
- Funds reported $643M of First Trust Smith Unconstrained Bond ETF stock for Q4 2021, up 37% quarter-over-quarter.
- 32 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q4 2021 and 3 closed out, a net change of +29 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q4 2021 was Morgan Stanley, an estimated $52.1M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q4 2021 was AE Wealth Management, an estimated $3.72M sold.
Based on aggregated 13F filings for Q4 2021.