First Trust Smith Unconstrained Bond ETF
UCON
171 hedge funds and large institutions have $1.02B invested in First Trust Smith Unconstrained Bond ETF in 2022 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 77 increasing their positions, 56 reducing their positions, and 7 closing their positions.
186% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 7
38% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 56
31% more funds holding in top 10
Funds holding in top 10: 13 → 17 (+4)
14% more capital invested
Capital invested by funds: $895M → $1.02B (+$127M)
7% more funds holding
Funds holding: 160 → 171 (+11)
6.02% more ownership
Funds ownership: 74.6% → 80.61% (+6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
Connectus Wealth
Cincinnati,
Ohio
|
+$33.8M |
| 2 |
Morgan Stanley
New York
|
+$32.1M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$16M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$14M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$9.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FPF
First Pacific Financial
Vancouver,
Washington
|
-$9.89M |
| 2 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
-$7.23M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.94M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.99M |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$2.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$14K | -581 | Closed |
|
177
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$5K | -223 | Closed |
|
|
MIM
178
Macroview Investment Management
Bethesda,
Maryland
| – | -$3K | -110 | Closed |
|
UCON Hedge Fund Activity: Q3 2022 in Review
171 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q3 2022, worth a combined $1.02B — up 14% from $895M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new UCON positions and 7 closed out — a net gain of 13 holders — while 77 added to existing stakes and 56 trimmed.
The largest buyer was Connectus Wealth, opening a new position worth an estimated $33.8M. The largest seller was First Pacific Financial, cutting an estimated $9.89M.
- 171 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q3 2022, up from 160 in Q2 2022.
- Funds reported $1.02B of First Trust Smith Unconstrained Bond ETF stock for Q3 2022, up 14% quarter-over-quarter.
- 20 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q3 2022 and 7 closed out, a net change of +13 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q3 2022 was Connectus Wealth, an estimated $33.8M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q3 2022 was First Pacific Financial, an estimated $9.89M sold.
Based on aggregated 13F filings for Q3 2022.