First Trust Smith Unconstrained Bond ETF
UCON
196 hedge funds and large institutions have $1.25B invested in First Trust Smith Unconstrained Bond ETF in 2023 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 106 increasing their positions, 50 reducing their positions, and 15 closing their positions.
112% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 50
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
7% more funds holding
Funds holding: 184 → 196 (+12)
3% more capital invested
Capital invested by funds: $1.2B → $1.25B (+$42.1M)
0% more funds holding in top 10
Funds holding in top 10: 22 → 22 (0)
1.41% less ownership
Funds ownership: 82.83% → 81.42% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$16.2M |
| 2 |
TA
TruWealth Advisors
Metairie,
Louisiana
|
+$9.57M |
| 3 |
LPL Financial
San Diego,
California
|
+$8.73M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$8.5M |
| 5 |
JP Morgan Chase
New York
|
+$7.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$42.5M |
| 2 |
EC
EdgeRock Capital
Denver,
Colorado
|
-$13.2M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$9.76M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.63M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
201
Private Advisory Group
Redmond,
Washington
| – | -$2.1M | -87,037 | Closed |
|
|
BA
202
Bridgewater Advisors
New York
| – | -$2.09M | -86,334 | Closed |
|
|
BBA
203
Braun-Bostich & Associates
Canonsburg,
Pennsylvania
| – | -$1.74M | -71,912 | Closed |
|
|
OPAM
204
Ocean Park Asset Management
Santa Monica,
California
| – | -$618K | -25,558 | Closed |
|
205
Cerity Partners
New York
| – | -$327K | -13,540 | Closed |
|
206
M&T Bank
Buffalo,
New York
| – | -$242K | -10,000 | Closed |
|
|
HS
207
Horan Securities
Cincinnati,
United States
| – | -$142K | -5,882 | Closed |
|
|
IGWM
208
ICA Group Wealth Management
Denver,
Colorado
| – | -$49.9K | -2,064 | Closed |
|
|
ODG
209
O'Dell Group
Cincinnati,
Ohio
| – | -$45.8K | -1,895 | Closed |
|
|
PCM
210
Penserra Capital Management
Orinda,
California
| – | -$19K | -822 | Closed |
|
|
CFGS
211
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$2.42K | -100 | Closed |
|
UCON Hedge Fund Activity: Q3 2023 in Review
196 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q3 2023, worth a combined $1.25B — up 3.5% from $1.2B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new UCON positions and 15 closed out — a net gain of 13 holders — while 106 added to existing stakes and 50 trimmed.
The largest buyer was Aptus Capital Advisors, opening a new position worth an estimated $16.2M. The largest seller was Jane Street, cutting an estimated $42.5M.
- 196 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q3 2023, up from 184 in Q2 2023.
- Funds reported $1.25B of First Trust Smith Unconstrained Bond ETF stock for Q3 2023, up 3.5% quarter-over-quarter.
- 28 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q3 2023 and 15 closed out, a net change of +13 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q3 2023 was Aptus Capital Advisors, an estimated $16.2M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q3 2023 was Jane Street, an estimated $42.5M sold.
Based on aggregated 13F filings for Q3 2023.