First Trust Smith Unconstrained Bond ETF
UCON
86 hedge funds and large institutions have $367M invested in First Trust Smith Unconstrained Bond ETF in 2021 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 17 reducing their positions, and 1 closing their positions.
1,900% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 1
153% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 17
61% more capital invested
Capital invested by funds: $228M → $367M (+$140M)
26% more funds holding
Funds holding: 68 → 86 (+18)
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
7.83% more ownership
Funds ownership: 72.93% → 80.76% (+7.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$24M |
| 2 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$21M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$18.3M |
| 4 |
LPL Financial
San Diego,
California
|
+$8.45M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$2.47M |
| 2 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$1.93M |
| 3 |
WA
WESPAC Advisors
Orinda,
California
|
-$802K |
| 4 |
LI
LVZ Inc
Holland,
Michigan
|
-$728K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$722K |
UCON Hedge Fund Activity: Q2 2021 in Review
86 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q2 2021, worth a combined $367M — up 61% from $228M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new UCON positions and 1 closed out — a net gain of 19 holders — while 43 added to existing stakes and 17 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $24M. The largest seller was Atria Investments, cutting an estimated $2.47M.
- 86 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q2 2021, up from 68 in Q1 2021.
- Funds reported $367M of First Trust Smith Unconstrained Bond ETF stock for Q2 2021, up 61% quarter-over-quarter.
- 20 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q2 2021 and 1 closed out, a net change of +19 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q2 2021 was Morgan Stanley, an estimated $24M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q2 2021 was Atria Investments, an estimated $2.47M sold.
Based on aggregated 13F filings for Q2 2021.