First Trust Smith Unconstrained Bond ETF
UCON
68 hedge funds and large institutions have $228M invested in First Trust Smith Unconstrained Bond ETF in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 15 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
113% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 15
30% more capital invested
Capital invested by funds: $175M → $228M (+$52.3M)
19% more funds holding
Funds holding: 57 → 68 (+11)
0.3% more ownership
Funds ownership: 72.63% → 72.93% (+0.3%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWM
Janiczek Wealth Management
Denver,
Colorado
|
+$14.5M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$6.31M |
| 3 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$5.04M |
| 4 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$4.5M |
| 5 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$4.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$1.79M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.68M |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$780K |
| 4 |
VR
Viridian RIA
Bothell,
Washington
|
-$526K |
| 5 |
MSFS
Main Street Financial Solutions
Newtown,
Pennsylvania
|
-$371K |
UCON Hedge Fund Activity: Q1 2021 in Review
68 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q1 2021, worth a combined $228M — up 30% from $175M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new UCON positions and 4 closed out — a net gain of 11 holders — while 32 added to existing stakes and 15 trimmed.
The largest buyer was Janiczek Wealth Management, opening a new position worth an estimated $14.5M. The largest seller was Atria Investments, cutting an estimated $1.79M.
- 68 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q1 2021, up from 57 in Q4 2020.
- Funds reported $228M of First Trust Smith Unconstrained Bond ETF stock for Q1 2021, up 30% quarter-over-quarter.
- 15 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q1 2021 and 4 closed out, a net change of +11 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q1 2021 was Janiczek Wealth Management, an estimated $14.5M added.
- The largest First Trust Smith Unconstrained Bond ETF seller in Q1 2021 was Atria Investments, an estimated $1.79M sold.
Based on aggregated 13F filings for Q1 2021.