First Trust Smith Unconstrained Bond ETF
UCON
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.
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: 19 → 22 (+3)
13% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 23
0% more funds holding
Funds holding: 184 → 184 (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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$17.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$12.7M |
| 3 |
SW
SlateStone Wealth
Jupiter,
Florida
|
+$12M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$8.38M |
| 5 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$8.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$38.9M |
| 2 |
PVI
Pine Valley Investments
Marlton,
New Jersey
|
-$31.7M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$13.6M |
| 4 |
Jane Street
New York
|
-$12.1M |
| 5 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
-$10.8M |
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.