First Trust Smith Unconstrained Bond ETF
UCON
301 hedge funds and large institutions have $2.79B invested in First Trust Smith Unconstrained Bond ETF in 2024 Q4 according to their latest regulatory filings, with 61 funds opening new positions, 141 increasing their positions, 88 reducing their positions, and 12 closing their positions.
408% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 12
60% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 88
18% more funds holding
Funds holding: 256 → 301 (+45)
17% more funds holding in top 10
Funds holding in top 10: 24 → 28 (+4)
11% more capital invested
Capital invested by funds: $2.51B → $2.79B (+$282M)
1.05% more ownership
Funds ownership: 82.48% → 83.53% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$40.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$24.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$22.8M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$22.7M |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OPAM
Ocean Park Asset Management
Santa Monica,
California
|
-$16.6M |
| 2 |
PGWM
Pitti Group Wealth Management
Victor,
New York
|
-$8.62M |
| 3 |
CJH
Christopher J. Hasenberg
Eau Claire,
Wisconsin
|
-$7.04M |
| 4 |
Renaissance Technologies
New York
|
-$6.94M |
| 5 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$6.53M |
UCON Hedge Fund Activity: Q4 2024 in Review
301 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q4 2024, worth a combined $2.79B — up 11% from $2.51B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new UCON positions and 12 closed out — a net gain of 49 holders — while 141 added to existing stakes and 88 trimmed.
The largest buyer was LPL Financial, adding an estimated $40.8M. The largest seller was Ocean Park Asset Management, exiting entirely with an estimated $16.6M sold.
- 301 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q4 2024, up from 256 in Q3 2024.
- Funds reported $2.79B of First Trust Smith Unconstrained Bond ETF stock for Q4 2024, up 11% quarter-over-quarter.
- 61 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q4 2024 and 12 closed out, a net change of +49 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q4 2024 was LPL Financial, an estimated $40.8M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q4 2024 was Ocean Park Asset Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q4 2024.