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First Trust Smith Unconstrained Bond ETF

283 hedge funds and large institutions have $2.64B invested in First Trust Smith Unconstrained Bond ETF in 2025 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 123 increasing their positions, 94 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 20

31% more repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 94

15% more funds holding in top 10

Funds holding in top 10: 2023 (+3)

10% more capital invested

Capital invested by funds: $2.4B → $2.64B (+$235M)

8% more funds holding

Funds holding: 262283 (+21)

2.25% more ownership

Funds ownership: 80.79%83.04% (+2.2%)

Holders
283
Holders Change
+21
Holders Change %
+8.02%
% of All Funds
3.44%
Holding in Top 10
23
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+15%
% of All Funds
0.28%
New
46
Increased
123
Reduced
94
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RCAG
51
Rehmann Capital Advisory Group
Michigan
$10.5M -$307K -12,180 -3%
BFG
52
Bleakley Financial Group
New Jersey
$10.4M +$1.58M +62,682 +18%
HAS
53
HBW Advisory Services
California
$9.98M +$3.1M +122,995 +45%
P
54
&Partners
Tennessee
$9.8M -$49.1K -1,948 -0.5%
PWP
55
Prasad Wealth Partners
Ohio
$9.58M +$216K +8,566 +2%
Cerity Partners
56
Cerity Partners
New York
$9.46M -$335K -13,304 -3%
CAPTRUST Financial Advisors
57
CAPTRUST Financial Advisors
North Carolina
$9.41M -$1.23M -48,704 -12%
M1FG
58
Mach-1 Financial Group
Arkansas
$9.38M +$9.4M +372,637 New
Carson Wealth (CWM LLC)
59
Carson Wealth (CWM LLC)
Nebraska
$9.2M +$4.73M +187,748 +106%
BAWC
60
Boyce & Associates Wealth Consulting
Texas
$9.09M -$99.3K -3,937 -1%
DWM
61
Darwin Wealth Management
Florida
$9.05M +$69.8K +2,766 +0.8%
ACM
62
Appalachian Capital Management
Ohio
$8.89M +$8.91M +353,364 New
AWM
63
Axxcess Wealth Management
California
$8.87M +$8.88M +352,225 New
CA
64
CoreCap Advisors
Michigan
$8.51M +$622K +24,684 +8%
PNC
65
Park National Corp
Ohio
$8.44M -$9.5M -376,836 -53%
PA
66
PFG Advisors
Arizona
$8.38M +$63.2K +2,506 +0.8%
LOIP
67
Live Oak Investment Partners
Texas
$8.35M -$659K -26,139 -7%
AWM
68
Apollon Wealth Management
South Carolina
$8.33M -$624K -24,730 -7%
US Bancorp
69
US Bancorp
Minnesota
$8.19M +$1.78M +70,686 +28%
CAC
70
Certified Advisory Corp
Florida
$7.93M -$124K -4,912 -2%
WAT
71
Wealth Advisory Team
Kentucky
$7.9M +$7.92M +314,054 New
GFG
72
Goldstone Financial Group
Illinois
$7.9M +$297K +11,794 +4%
XF
73
XML Financial
Maryland
$7.88M -$426K -16,883 -5%
GWP
74
Gateway Wealth Partners
Wisconsin
$7.83M +$1.98M +78,444 +34%
MG
75
Mather Group
Illinois
$7.63M +$103K +4,084 +1%