We are live on ! Find out more
UCON icon

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.

New
Increased
Maintained
Reduced
Closed

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%)

Holders
115
Holders Change
+27
Holders Change %
+30.68%
% of All Funds
1.77%
Holding in Top 10
7
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+75%
% of All Funds
0.11%
New
32
Increased
52
Reduced
21
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$52.1M
2
First Trust Advisors
First Trust Advisors
Illinois
+$31.8M
3
LPL Financial
LPL Financial
California
+$15.8M
4
Bank of America
Bank of America
North Carolina
+$13.9M
5
SI
Stephens Inc
Arkansas
+$8.55M

Top Sellers

Rank Fund Capital Flow
1
AWM
AE Wealth Management
Kansas
-$3.72M
2
NCM
Northwest Capital Management
Oregon
-$2.94M
3
OMC
Old Mission Capital
Illinois
-$2.86M
4
AI
Atria Investments
North Carolina
-$2.81M
5
Jane Street
Jane Street
New York
-$1.96M
Name Holding Trade Value Shares
Change 		Change in
Stake
MSFS
76
Main Street Financial Solutions
Pennsylvania
$657K -$7.93K -300 -1%
Susquehanna International Group
77
Susquehanna International Group
Pennsylvania
$641K +$643K +24,314 New
UCFA
78
United Capital Financial Advisors
Texas
$623K -$20.3K -769 -3%
QCIG
79
Quad-Cities Investment Group
Iowa
$611K +$612K +23,153 New
SG
80
StoneX Group
New York
$560K +$30K +1,134 +6%
WDC
81
Woodward Diversified Capital
California
$553K +$554K +20,962 New
SW
82
SteelPeak Wealth
California
$550K -$26K -984 -5%
TWM
83
TMD Wealth Management
Arizona
$493K +$147K +5,570 +42%
KAS
84
Kestra Advisory Services
Texas
$486K -$141K -5,337 -22%
MSAM
85
Moloney Securities Asset Management
Missouri
$485K +$52.4K +1,981 +12%
WWMSC
86
Wagner Wealth Management (South Carolina)
South Carolina
$482K +$463K +17,522 +2,324%
HT
87
HighTower Trust
Texas
$446K – – –
IAP
88
Indie Asset Partners
Indiana
$440K – – –
NA
89
NewEdge Advisors
Louisiana
$435K +$1.53K +58 +0.4%
BCI
90
Brinker Capital Investments
Pennsylvania
$429K – – –
JWCA
91
J.W. Cole Advisors
Florida
$386K +$387K +14,653 New
KPWS
92
Kestra Private Wealth Services
Texas
$376K +$376K +14,245 New
VR
93
Viridian RIA
Washington
$359K +$360K +13,618 New
AWM
94
Axxcess Wealth Management
California
$328K +$329K +12,456 New
HAS
95
HBW Advisory Services
California
$314K -$55.9K -2,116 -15%
GVAG
96
Great Valley Advisor Group
Delaware
$311K -$3.3K -125 -1%
CFGS
97
Concourse Financial Group Securities
Alabama
$284K +$161K +6,106 +131%
WS
98
Wedbush Securities
California
$282K -$16.1K -608 -5%
IAA
99
Independent Advisor Alliance
North Carolina
$254K +$1.22K +46 +0.5%
EFL
100
ERn Financial LLC
Wisconsin
$233K – – –
1 2 3
4
5

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.