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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
CAS
176
Coppell Advisory Solutions
Texas
$19.1K +$19.3K +794 New
PCM
177
Penserra Capital Management
California
$19K +$20K +822 New
GI
178
Gradient Investments
Minnesota
$13.2K
GWSG
179
GPS Wealth Strategies Group
Colorado
$12.1K
Wells Fargo
180
Wells Fargo
California
$5.45K -$28.4K -1,168 -84%
CT
181
Clearstead Trust
Maine
$4.98K +$5.01K +206 New
CFGS
182
Concourse Financial Group Securities
Alabama
$2.42K +$2.44K +100 New
HCP
183
Hexagon Capital Partners
Arkansas
$1.4K
TAM
184
Tucker Asset Management
Colorado
$1.33K +$24 +1 +2%
Bank of Montreal
185
Bank of Montreal
Ontario, Canada
-$10.2M -421,026 Closed
JP Morgan Chase
186
JP Morgan Chase
New York
-$9.97M -411,933 Closed
RA
187
RiverTree Advisors
Florida
-$8.86M -366,066 Closed
CW
188
Connectus Wealth
Ohio
-$6.51M -268,912 Closed
SI
189
Stephens Inc
Arkansas
-$6.31M -260,677 Closed
FTUS
190
Flow Traders U.S.
New York
-$3.74M -154,346 Closed
SCA
191
Snowden Capital Advisors
New York
-$3.64M -150,421 Closed
FFA
192
Fi3 Financial Advisors
Indiana
-$3.61M -148,986 Closed
Ameriprise
193
Ameriprise
Minnesota
-$660K -27,244 Closed
LSA
194
Lion Street Advisors
Texas
-$471K -19,472 Closed
DC
195
Davenport & Co
Virginia
-$451K -18,635 Closed
GIA
196
Gladstone Institutional Advisory
Florida
-$423K -17,482 Closed
TFA
197
Tobias Financial Advisors
Florida
-$395K -16,300 Closed
SOS
198
Silver Oak Securities
Tennessee
-$393K -16,252 Closed
MSAM
199
Moloney Securities Asset Management
Missouri
-$255K -10,519 Closed
SFP
200
Sweet Financial Partners
Minnesota
-$232K -9,600 Closed

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.