First Trust Smith Unconstrained Bond ETF
UCON
213 hedge funds and large institutions have $1.61B invested in First Trust Smith Unconstrained Bond ETF in 2023 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 110 increasing their positions, 59 reducing their positions, and 20 closing their positions.
90% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 20
86% more repeat investments, than reductions
Existing positions increased: 110 | Existing positions reduced: 59
29% more capital invested
Capital invested by funds: $1.25B → $1.61B (+$360M)
9% more funds holding in top 10
Funds holding in top 10: 22 → 24 (+2)
9% more funds holding
Funds holding: 196 → 213 (+17)
5.64% more ownership
Funds ownership: 81.58% → 87.22% (+5.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$66.6M |
| 2 |
TWM
Tolleson Wealth Management
Dallas,
Texas
|
+$26.1M |
| 3 |
Morgan Stanley
New York
|
+$25.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$22.3M |
| 5 |
EC
EdgeRock Capital
Denver,
Colorado
|
+$20.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$11.4M |
| 2 |
Jane Street
New York
|
-$8.05M |
| 3 |
VWA
Visionary Wealth Advisors
O'fallon,
Illinois
|
-$5.54M |
| 4 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$5.42M |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$4.51M |
UCON Hedge Fund Activity: Q4 2023 in Review
213 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in First Trust Smith Unconstrained Bond ETF (UCON) for Q4 2023, worth a combined $1.61B — up 29% from $1.25B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new UCON positions and 20 closed out — a net gain of 18 holders — while 110 added to existing stakes and 59 trimmed.
The largest buyer was UBS Group, adding an estimated $66.6M. The largest seller was HBK Sorce Advisory, cutting an estimated $11.4M.
- 213 institutional investors held First Trust Smith Unconstrained Bond ETF (UCON) as of Q4 2023, up from 196 in Q3 2023.
- Funds reported $1.61B of First Trust Smith Unconstrained Bond ETF stock for Q4 2023, up 29% quarter-over-quarter.
- 38 funds opened new First Trust Smith Unconstrained Bond ETF positions in Q4 2023 and 20 closed out, a net change of +18 holders.
- The largest First Trust Smith Unconstrained Bond ETF buyer in Q4 2023 was UBS Group, an estimated $66.6M 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.