First Trust Smith Unconstrained Bond ETF
UCON
183 hedge funds and large institutions have $1.18B invested in First Trust Smith Unconstrained Bond ETF in 2022 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 73 increasing their positions, 63 reducing their positions, and 19 closing their positions.
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
47% more funds holding in top 10
Funds holding in top 10: 17 → 25 (+8)
16% more capital invested
Capital invested by funds: $1.02B → $1.18B (+$163M)
16% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 63
7% more funds holding
Funds holding: 171 → 183 (+12)
2.39% more ownership
Funds ownership: 80.61% → 83% (+2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
CFO4Life Group
Coppell,
Texas
|
+$25.8M |
| 2 |
LFG
Larson Financial Group
St Louis,
Missouri
|
+$19.8M |
| 3 |
LPL Financial
San Diego,
California
|
+$19.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$16.7M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$14.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
-$25.1M |
| 2 |
Morgan Stanley
New York
|
-$12.4M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$10M |
| 4 |
RA
RiverTree Advisors
Winter Park,
Florida
|
-$9.86M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$5.9M |
UCON Hedge Fund Activity: Q4 2022 in Review
183 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q4 2022, worth a combined $1.18B — up 16% from $1.02B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new UCON positions and 19 closed out — a net gain of 14 holders — while 73 added to existing stakes and 63 trimmed.
The largest buyer was CFO4Life Group, opening a new position worth an estimated $25.8M. The largest seller was Connectus Wealth, cutting an estimated $25.1M.
- 183 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q4 2022, up from 171 in Q3 2022.
- Funds reported $1.18B of First Trust Smith Unconstrained Bond ETF stock for Q4 2022, up 16% quarter-over-quarter.
- 33 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q4 2022 and 19 closed out, a net change of +14 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q4 2022 was CFO4Life Group, an estimated $25.8M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q4 2022 was Connectus Wealth, an estimated $25.1M sold.
Based on aggregated 13F filings for Q4 2022.