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First Trust Smith Unconstrained Bond ETF

184 hedge funds and large institutions have $1.2B invested in First Trust Smith Unconstrained Bond ETF in 2023 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 89 increasing their positions, 59 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more repeat investments, than reductions

Existing positions increased: 89 | Existing positions reduced: 59

16% more funds holding in top 10

Funds holding in top 10: 1922 (+3)

13% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 23

0% more funds holding

Funds holding: 184184 (0)

2.67% less ownership

Funds ownership: 85.5%82.83% (-2.7%)

19% less capital invested

Capital invested by funds: $1.48B → $1.2B (-$274M)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $321K

Holders
184
Holders Change
Holders Change %
0%
% of All Funds
2.89%
Holding in Top 10
22
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+15.79%
% of All Funds
0.35%
New
26
Increased
89
Reduced
59
Closed
23
Calls
Puts
$321K
Net Calls
-$321K
Net Calls Change
-$321K
Name Holding Trade Value Shares
Change
Change in
Stake
B
101
Bridgeworth
Alabama
$1.54M -$91.4K -3,754 -6%
QAM
102
Q3 Asset Management
Michigan
$1.49M +$1.5M +61,622 New
AWA
103
Authentikos Wealth Advisory
California
$1.48M -$63.1K -2,592 -4%
DADC
104
D.A. Davidson & Co
Montana
$1.35M +$56.2K +2,310 +4%
KPWS
105
Kestra Private Wealth Services
Texas
$1.34M +$24.6K +1,010 +2%
SFS
106
Sowell Financial Services
Arkansas
$1.34M +$68.1K +2,797 +5%
KAS
107
Kestra Advisory Services
Texas
$1.34M -$67.7K -2,780 -5%
AssetMark Inc
108
AssetMark Inc
California
$1.28M +$22K +902 +2%
FPF
109
First Pacific Financial
Washington
$1.25M +$70K +2,875 +6%
EH
110
Equitable Holdings
New York
$1.23M +$156K +6,421 +14%
SWP
111
Stratos Wealth Partners
Ohio
$1.21M +$10.8K +445 +0.9%
KP
112
Keel Point
Alabama
$1.2M +$72K +2,956 +6%
RJFSA
113
Raymond James Financial Services Advisors
Florida
$1.18M -$13.4K -550 -1%
CIAS
114
Capital Investment Advisory Services
North Carolina
$1.17M +$7.62K +313 +0.6%
CA
115
Cetera Advisors
Colorado
$1.17M +$806K +33,108 +218%
SIM
116
Stratos Investment Management
Ohio
$1.16M -$706 -29 -0.1%
SB
117
Strategic Blueprint
Georgia
$1.04M -$14.5K -594 -1%
BCP
118
Blackhawk Capital Partners
Wisconsin
$1.03M -$238K -9,771 -19%
RJA
119
Raymond James & Associates
Florida
$1M -$998 -41 -0.1%
FHC
120
First Heartland Consultants
Missouri
$902K +$380K +15,623 +72%
IWA
121
Inspirion Wealth Advisors
Illinois
$756K
CFS
122
CGC Financial Services
Oregon
$731K +$737K +30,260 New
TI
123
tru Independence
Oregon
$729K +$86.5K +3,552 +13%
LCWP
124
Legacy Capital Wealth Partners
Arkansas
$726K -$260K -10,699 -26%
CCFM
125
Clear Creek Financial Management
Washington
$715K +$720K +29,582 New

UCON Hedge Fund Activity: Q2 2023 in Review

184 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q2 2023, worth a combined $1.2B — down 19% from $1.48B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new UCON positions and 23 closed out — a net gain of 3 holders — while 89 added to existing stakes and 59 trimmed.

The largest buyer was Integrated Wealth Concepts, opening a new position worth an estimated $17.7M. The largest seller was Morgan Stanley, cutting an estimated $38.9M.

  • 184 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q2 2023, unchanged from Q1 2023.
  • Funds reported $1.2B of First Trust Smith Unconstrained Bond ETF stock for Q2 2023, down 19% quarter-over-quarter.
  • 26 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q2 2023 and 23 closed out, a net change of +3 holders.
  • The largest First Trust Smith Unconstrained Bond ETF buyer in Q2 2023 was Integrated Wealth Concepts, an estimated $17.7M added.
  • The largest First Trust Smith Unconstrained Bond ETF seller in Q2 2023 was Morgan Stanley, an estimated $38.9M sold.

Based on aggregated 13F filings for Q2 2023.