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First Trust Smith Unconstrained Bond ETF

43 hedge funds and large institutions have $137M invested in First Trust Smith Unconstrained Bond ETF in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 9 increasing their positions, 21 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+1)

10% more capital invested

Capital invested by funds: $125M → $137M (+$12.7M)

2.89% more ownership

Funds ownership: 70.25%73.14% (+2.9%)

0% more funds holding

Funds holding: 4343 (0)

0% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 10

57% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 21

Holders
43
Holders Change
Holders Change %
0%
% of All Funds
0.88%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.08%
New
10
Increased
9
Reduced
21
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$40.5M -$2.3M -91,848 -6%
HighTower Advisors
2
HighTower Advisors
Illinois
$17.5M -$246K -9,808 -1%
AI
3
Atria Investments
North Carolina
$10.7M +$10.5M +416,844 New
NCM
4
Northwest Capital Management
Oregon
$8.78M +$1.29M +51,362 +18%
CFD
5
Creative Financial Designs
Indiana
$8.35M +$672K +26,802 +9%
DWM
6
Darwin Wealth Management
Florida
$8.28M +$8.08M +322,138 New
Stifel Financial
7
Stifel Financial
Missouri
$7.49M -$12.2K -486 -0.2%
Osaic Holdings
8
Osaic Holdings
Arizona
$6.97M -$2.69M -107,135 -28%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$6.59M +$18.9K +752 +0.3%
ECA
10
Elevated Capital Advisors
Utah
$2.32M +$2.21M +88,263 New
Bank of America
11
Bank of America
North Carolina
$2.21M -$423K -16,880 -16%
WA
12
WESPAC Advisors
California
$2.05M -$16.6K -663 -0.8%
Jane Street
13
Jane Street
New York
$1.96M -$1.26M -50,119 -40%
PFS
14
Prospera Financial Services
Texas
$1.58M -$113K -4,507 -7%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$1.49M -$4M -159,445 -73%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$1M -$3.69K -147 -0.4%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$975K -$540K -21,508 -36%
UCFA
18
United Capital Financial Advisors
Texas
$796K -$82.8K -3,300 -10%
MHS
19
M Holdings Securities
Oregon
$757K -$3.29K -131 -0.4%
SW
20
SteelPeak Wealth
California
$607K +$5.32K +212 +0.9%
VR
21
Viridian RIA
Washington
$588K -$42.2K -1,681 -7%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$499K +$487K +19,416 New
SPC
23
Sigma Planning Corp
Michigan
$480K +$468K +18,675 New
FHC
24
First Heartland Consultants
Missouri
$445K +$434K +17,304 New
BCI
25
Brinker Capital Investments
Pennsylvania
$418K +$408K +16,252 New

UCON Hedge Fund Activity: Q2 2020 in Review

43 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q2 2020, worth a combined $137M — up 10% from $125M a quarter earlier.

Fund positioning in UCON was balanced in Q2 2020: 10 funds opened new positions, 10 closed out, 9 added to existing stakes and 21 trimmed.

The largest buyer was Atria Investments, opening a new position worth an estimated $10.5M. The largest seller was Janney Montgomery Scott, cutting an estimated $4M.

  • 43 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q2 2020, unchanged from Q1 2020.
  • Funds reported $137M of First Trust Smith Unconstrained Bond ETF stock for Q2 2020, up 10% quarter-over-quarter.
  • 10 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q2 2020 and 10 closed out, a net change of 0 holders.
  • The largest First Trust Smith Unconstrained Bond ETF buyer in Q2 2020 was Atria Investments, an estimated $10.5M added.
  • The largest First Trust Smith Unconstrained Bond ETF seller in Q2 2020 was Janney Montgomery Scott, an estimated $4M sold.

Based on aggregated 13F filings for Q2 2020.