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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
Rockefeller Capital Management
176
Rockefeller Capital Management
New York
$289K +$282K +11,693 New
JWCA
177
J.W. Cole Advisors
Florida
$262K +$193 +8 +0.1%
NWMG
178
National Wealth Management Group
Ohio
$261K +$254K +10,559 New
CAM
179
Creekmur Asset Management
Illinois
$256K +$249K +10,360 New
KPWS
180
Kestra Private Wealth Services
Texas
$254K -$69.3K -2,877 -22%
HAS
181
HBW Advisory Services
California
$247K +$216K +8,955 +854%
Wealth Enhancement Advisory Services
182
Wealth Enhancement Advisory Services
Minnesota
$236K +$230K +9,540 New
FZCM
183
Flynn Zito Capital Management
New York
$232K +$226K +9,396 New
PIA
184
Perennial Investment Advisors
California
$229K +$1.13K +47 +0.5%
GM
185
GeoWealth Management
Illinois
$223K -$23.6K -978 -10%
LSA
186
Lion Street Advisors
Texas
$222K -$234K -9,700 -52%
GAG
187
Goodman Advisory Group
Massachusetts
$219K -$2.84M -117,920 -93%
First Trust Advisors
188
First Trust Advisors
Illinois
$206K -$10.7K -443 -5%
HSA
189
HBK Sorce Advisory
Pennsylvania
$206K -$11.4M -474,946 -98%
MFA
190
Millington Financial Advisors
Illinois
$202K -$14.6K -608 -7%
GLA
191
Good Life Advisors
Pennsylvania
$202K +$197K +8,177 New
PTC
192
Private Trust Company
Ohio
$150K -$57.7K -2,397 -28%
SS
193
Sunbelt Securities
Texas
$136K -$79.6K -3,304 -37%
RWPA
194
Richard W. Paul & Associates
Michigan
$77.4K -$7.39K -307 -9%
FGAM
195
Financial Gravity Asset Management
Texas
$74.2K +$72.2K +3,000 New
RFG
196
REAP Financial Group
Texas
$65.5K +$63.8K +2,648 New
ODG
197
O'Dell Group
Ohio
$47.7K +$46.5K +1,930 New
WWMSC
198
Wagner Wealth Management (South Carolina)
South Carolina
$47.6K +$24K +997 +107%
DFA
199
DHJJ Financial Advisors
Illinois
$39.8K +$36.3K +1,508 +1,508%
SWM
200
Spire Wealth Management
Virginia
$29.6K -$45.8K -1,903 -61%

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.