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First Trust Smith Unconstrained Bond ETF

283 hedge funds and large institutions have $2.64B invested in First Trust Smith Unconstrained Bond ETF in 2025 Q4 according to their latest regulatory filings, with 46 funds opening new positions, 123 increasing their positions, 94 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 20

31% more repeat investments, than reductions

Existing positions increased: 123 | Existing positions reduced: 94

15% more funds holding in top 10

Funds holding in top 10: 2023 (+3)

10% more capital invested

Capital invested by funds: $2.4B → $2.64B (+$235M)

8% more funds holding

Funds holding: 262283 (+21)

2.25% more ownership

Funds ownership: 80.79%83.04% (+2.2%)

Holders
283
Holders Change
+21
Holders Change %
+8.02%
% of All Funds
3.44%
Holding in Top 10
23
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+15%
% of All Funds
0.28%
New
46
Increased
123
Reduced
94
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$306M +$38.1M +1,509,510 +14%
Morgan Stanley
2
Morgan Stanley
New York
$210M +$13.1M +518,585 +7%
Wells Fargo
3
Wells Fargo
California
$157M +$7.23M +286,822 +5%
Ameriprise
4
Ameriprise
Minnesota
$122M +$21.1M +836,292 +21%
Bank of America
5
Bank of America
North Carolina
$99.6M +$3.95M +156,465 +4%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$95.6M +$3.77M +149,464 +4%
HI
7
Harbour Investments
Wisconsin
$89.6M +$16.1M +638,178 +22%
Raymond James Financial
8
Raymond James Financial
Florida
$66.4M +$10.2M +403,118 +18%
HighTower Advisors
9
HighTower Advisors
Illinois
$60.9M +$1.37M +54,134 +2%
Osaic Holdings
10
Osaic Holdings
Arizona
$51.1M +$1.98M +78,602 +4%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$48.7M +$1.45M +57,527 +3%
Truist Financial
12
Truist Financial
North Carolina
$42.6M +$2.69M +106,843 +7%
Stifel Financial
13
Stifel Financial
Missouri
$39.7M +$1.52M +60,163 +4%
CAG
14
Csenge Advisory Group
Florida
$36.7M +$4.36M +172,871 +13%
TC
15
Trilogy Capital
California
$34.4M +$34.5M +1,368,646 New
Cetera Investment Advisers
16
Cetera Investment Advisers
Illinois
$33.9M +$92.7K +3,676 +0.3%
ACA
17
Aptus Capital Advisors
Alabama
$32.8M +$25M +991,683 +319%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$31.3M +$7.17M +284,504 +30%
JP Morgan Chase
19
JP Morgan Chase
New York
$28.1M -$13.3M -525,732 -32%
WWMSC
20
Wagner Wealth Management (South Carolina)
South Carolina
$28M +$1.15M +45,526 +4%
Focus Partners Wealth
21
Focus Partners Wealth
Massachusetts
$24M +$1.64M +64,861 +7%
IA
22
IFP Advisors
Florida
$21.7M -$859K -34,080 -4%
MML Investors Services
23
MML Investors Services
Massachusetts
$21M +$10.6M +419,769 +101%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$20.7M +$1.17M +46,238 +6%
TA
25
TruWealth Advisors
Louisiana
$20M +$1.61M +63,903 +9%