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First Trust Smith Unconstrained Bond ETF

212 hedge funds and large institutions have $1.72B invested in First Trust Smith Unconstrained Bond ETF in 2023 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 109 increasing their positions, 59 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more repeat investments, than reductions

Existing positions increased: 109 | Existing positions reduced: 59

81% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 21

38% more capital invested

Capital invested by funds: $1.25B → $1.72B (+$476M)

12% more ownership

Funds ownership: 81.42%93.42% (+12%)

9% more funds holding in top 10

Funds holding in top 10: 2224 (+2)

8% more funds holding

Funds holding: 196212 (+16)

Holders
212
Holders Change
+16
Holders Change %
+8.16%
% of All Funds
3.09%
Holding in Top 10
24
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+9.09%
% of All Funds
0.35%
New
38
Increased
109
Reduced
59
Closed
21
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CCG
126
Capital CS Group
California
$1.42M +$1.38M +57,427 New
EA
127
Ergawealth Advisors
Illinois
$1.4M +$825K +34,282 +154%
EE
128
EWG Elevate
California
$1.39M -$271K -11,253 -17%
KWM
129
Kingsview Wealth Management
Oregon
$1.37M +$462K +19,205 +53%
AWA
130
Authentikos Wealth Advisory
California
$1.32M -$65K -2,698 -5%
AAS
131
Asset Allocation Strategies
Michigan
$1.26M +$1.22M +50,843 New
AF
132
Apollon Financial
South Carolina
$1.25M +$1.22M +50,601 New
CIAS
133
Capital Investment Advisory Services
North Carolina
$1.2M +$41.4K +1,718 +4%
ATPW
134
Ashton Thomas Private Wealth
Arizona
$1.19M +$1.16M +48,187 New
CCFM
135
Clear Creek Financial Management
Washington
$1.17M +$351K +14,581 +45%
Comerica Bank
136
Comerica Bank
Texas
$1.09M +$87.3K +3,627 +9%
PPP
137
Private Portfolio Partners
New Jersey
$1.08M -$6.5K -270 -0.6%
OMC
138
Old Mission Capital
Illinois
$1.02M +$988K +41,040 New
OIA
139
OneDigital Investment Advisors
Kansas
$970K +$459K +19,060 +95%
PCS
140
Private Client Services
Kentucky
$964K +$938K +38,971 New
NS
141
NBC Securities
Alabama
$940K +$17.4K +721 +2%
SIM
142
Stratos Investment Management
Ohio
$910K -$267K -11,072 -23%
RFP
143
Root Financial Partners
California
$884K +$843 +35 +0.1%
EFS
144
Econ Financial Services
Pennsylvania
$824K -$9.03K -375 -1%
IWA
145
Inspirion Wealth Advisors
Illinois
$767K
QAM
146
Q3 Asset Management
Michigan
$733K -$90.5K -3,757 -11%
BCP
147
Blackhawk Capital Partners
Wisconsin
$706K +$2.41K +100 +0.4%
FFA
148
Fi3 Financial Advisors
Indiana
$692K +$674K +27,984 New
Susquehanna International Group
149
Susquehanna International Group
Pennsylvania
$681K +$662K +27,512 New
FHA
150
Flagship Harbor Advisors
Massachusetts
$673K -$70.8K -2,940 -10%

UCON Hedge Fund Activity: Q4 2023 in Review

212 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q4 2023, worth a combined $1.72B — up 38% from $1.25B a quarter earlier.

Buyers outnumbered sellers: 38 funds opened new UCON positions and 21 closed out — a net gain of 17 holders — while 109 added to existing stakes and 59 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $140M. The largest seller was HBK Sorce Advisory, cutting an estimated $11.4M.

  • 212 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q4 2023, up from 196 in Q3 2023.
  • Funds reported $1.72B of First Trust Smith Unconstrained Bond ETF stock for Q4 2023, up 38% quarter-over-quarter.
  • 38 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q4 2023 and 21 closed out, a net change of +17 holders.
  • The largest First Trust Smith Unconstrained Bond ETF buyer in Q4 2023 was Morgan Stanley, an estimated $140M added.
  • The largest First Trust Smith Unconstrained Bond ETF seller in Q4 2023 was HBK Sorce Advisory, an estimated $11.4M sold.

Based on aggregated 13F filings for Q4 2023.