Vault-13

FIRST TR MORNINGSTAR DIVID L FDL

SHS · ETP · CUSIP 336917109

359 institutional holders +1 vs Q4 2022
87,767,39487.8m shares reported held*
$3.1bnreported value*
35 new 164 added 95 reduced 30 sold out net bought ≈ $280.7m (+7.9m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($9.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.53. Options: 2 managers hold calls ($24.0k notional), 1 hold puts ($0).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 291Q4 22: 358Q1 23: 359359Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022291
Q4 2022358
Q1 2023359

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 239 bought or addedQ4 22: 79 cut or sold outQ4 22Q1 23: 199 bought or addedQ1 23: 125 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 202223979
Q1 2023199125

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10k$20k$30kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $24.0kQ1 23 puts: $0Q1 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$24.0k$00.00

Biggest buyers

LPL Financial LLC Added +2,666,120+2.7m
Cetera Investment Advisers Added +2,115,887+2.1m
AMERIPRISE FINANCIAL INC Added +964,298+964.3k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +891,221+891.2k
JPMORGAN CHASE & CO Added +584,857+584.9k
STEPHENS INC /AR/ Added +556,671+556.7k
ROYAL BANK OF CANADA Added +431,905+431.9k
Summit Financial Wealth Advisors, LLC Added +412,331+412.3k
TRUE Private Wealth Advisors Added +393,294+393.3k
Kowal Investment Group, LLC Added +272,193+272.2k

Biggest sellers

WELLS FARGO & COMPANY/MN Reduced -1,190,383-1.2m
UBS Group AG Reduced -805,787-805.8k
BARINGS LLC Sold out -728,680-728.7k
JANE STREET GROUP, LLC Sold out -364,169-364.2k
Teamwork Financial Advisors, LLC Reduced -265,599-265.6k
Redhawk Wealth Advisors, Inc. Sold out -238,792-238.8k
GOLDMAN SACHS GROUP INC Reduced -218,045-218.0k
Clear Perspectives Financial Planning, LLC Reduced -156,572-156.6k
Sterling Manor Financial, LLC Reduced -148,998-149.0k
GDS Wealth Management Reduced -132,929-132.9k

Biggest calls

SIMPLEX TRADING, LLC New $24.0k700 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.29% of their portfolio FORT MILL, SC 10,559,03510.6m $374.8m $374.8m 0.29% Added +2.7m +2,666,120
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 9,688,8299.7m $344.0m $344.0m 0.04% Added +191.0k +190,961
3 AMERIPRISE FINANCIAL INC 0.07% of their portfolio MINNEAPOLIS, MN 6,049,7956.0m $214.7m $214.7m 0.07% Added +964.3k +964,298
4 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 4,851,3024.9m $172.2m $172.2m 0.05% Reduced -1.2m -1,190,383
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,053,5373.1m $108.4m $108.4m 0.01% Added +46.2k +46,184
6 Cetera Investment Advisers 0.76% of their portfolio SCHAUMBURG, IL 2,436,5222.4m $86.5m $86.5m 0.76% Added +2.1m +2,115,887
7 Raymond James Financial Services Advisors, Inc. 0.16% of their portfolio ST. PETERSBURG, FL 2,385,8042.4m $84.7m $84.7m 0.16% Reduced -20.2k -20,158
8 OSAIC HOLDINGS, INC. 0.15% of their portfolio SCOTTSDALE, AZ 2,203,3772.2m $78.2m $78.2m 0.15% Added +212.6k +212,614
9 UBS Group AG 0.04% of their portfolio ZURICH, V8 2,199,8412.2m $78.1m $78.1m 0.04% Reduced -805.8k -805,787
10 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 2,164,5992.2m $76.8m $76.8m 0.02% Added +431.9k +431,905
11 RAYMOND JAMES & ASSOCIATES 0.06% of their portfolio ST PETERSBURG, FL 2,068,4472.1m $73.4m $73.4m 0.06% Added +28.8k +28,786
12 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,715,7681.7m $60.9m $60.9m 0.03% Reduced -38.5k -38,462
13 STIFEL FINANCIAL CORP 0.09% of their portfolio ST. LOUIS, MO 1,686,0771.7m $59.9m $59.9m 0.09% Reduced -120.4k -120,428
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 1,553,3201.6m $55.1m $55.1m 0.08% Added +891.2k +891,221
15 Csenge Advisory Group 3.65% of their portfolio CLEARWATER, FL 1,424,9031.4m $50.6m $50.6m 3.65% Added +196.4k +196,425
16 Cambridge Investment Research Advisors, Inc. 0.24% of their portfolio FAIRFIELD, IA 1,394,8351.4m $49.5m $49.5m 0.24% Added +172.2k +172,208
17 STEPHENS INC /AR/ 0.77% of their portfolio LITTLE ROCK, AR 1,129,1091.1m $40.1m $40.1m 0.77% Added +556.7k +556,671
18 Cetera Advisors LLC 0.64% of their portfolio DENVER, CO 1,088,9061.1m $38.7m $38.7m 0.64% Added +17.1k +17,140
19 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 1,064,9711.1m $37.8m $37.8m 0.08% Added +216.1k +216,137
20 Cetera Advisor Networks LLC 0.27% of their portfolio EL SEGUNDO, CA 1,044,3031.0m $37.1m $37.1m 0.27% Added +17.9k +17,869
21 Kestra Advisory Services, LLC 0.38% of their portfolio AUSTIN, TX 991,919991.9k $35.2m $35.2m 0.38% Reduced -63.1k -63,119
22 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 957,130957.1k $34.0m $34.0m 0.06% Reduced -103.5k -103,494
23 Kowal Investment Group, LLC 9.08% of their portfolio BROOKFIELD, WI 902,684902.7k $32.0m $32.0m 9.08% Added +272.2k +272,193
24 Summit Financial Wealth Advisors, LLC 7.00% of their portfolio Lafayette, LA 831,258831.3k $29.5m $29.5m 7.00% Added +412.3k +412,331
25 TRUE Private Wealth Advisors 4.34% of their portfolio Salem, OR 826,388826.4k $29.3m $29.3m 4.34% Added +393.3k +393,294
26 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 824,648824.6k $29.3m $29.3m 0.00% Added +584.9k +584,857
27 Steward Partners Investment Advisory, LLC 0.41% of their portfolio STAMFORD, CT 717,120717.1k $25.5m $25.5m 0.41% Added +74.1k +74,061
28 AE Wealth Management LLC 0.15% of their portfolio TOPEKA, KS 659,556659.6k $23.4m $23.4m 0.15% Reduced -100.8k -100,829
29 Sigma Planning Corp 0.77% of their portfolio ANN ARBOR, MI 649,172649.2k $23.0m $23.0m 0.77% Added +212.5k +212,498
30 Prospera Financial Services Inc 0.78% of their portfolio Dallas, TX 536,460536.5k $19.1m $19.1m 0.78% Added +177.6k +177,578
31 Private Advisor Group, LLC 0.17% of their portfolio MORRISTOWN, NJ 510,205510.2k $18.1m $18.1m 0.17% Added +74.2k +74,175
32 One Capital Management, LLC 0.79% of their portfolio WESTLAKE VILLAGE, CA 450,773450.8k $16.0m $16.0m 0.79% Reduced -40.4k -40,384
33 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 405,105405.1k $14.4m $14.4m 0.03% Added +36.2k +36,190
34 Southland Equity Partners LLC 5.55% of their portfolio WILDWOOD, MO 397,551397.6k $14.1m $14.1m 5.55% Added +212 +212
35 NewEdge Advisors, LLC 0.17% of their portfolio NEW ORLEANS, LA 386,313386.3k $13.7m $13.7m 0.17% Added +163.1k +163,109
36 AIFG Consultants Ltd. 11.14% of their portfolio HALFMOON, NY 370,671370.7k $13.2m $13.2m 11.14% Reduced -68.2k -68,226
37 CHURCHILL MANAGEMENT Corp 0.27% of their portfolio Los Angeles, CA 370,567370.6k $13.2m $13.2m 0.27% Added +20.8k +20,785
38 Integrated Wealth Concepts LLC 0.26% of their portfolio WALTHAM, MA 357,460357.5k $12.7m $12.7m 0.26% Added +120.6k +120,552
39 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 354,545354.5k $12.6m $12.6m 0.05% Reduced -85.6k -85,607
40 Teamwork Financial Advisors, LLC 2.08% of their portfolio San Antonio, TX 316,739316.7k $11.2m $11.2m 2.08% Reduced -265.6k -265,599
41 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 311,929311.9k $11.1m $11.1m 0.08% Reduced -76.3k -76,295
42 Fortune 45 LLC 10.93% of their portfolio Gonzales, LA 305,917305.9k $10.9m $10.9m 10.93% Added +14.6k +14,632
43 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 299,061299.1k $10.6m $10.6m 0.01% Added +62.2k +62,217
44 HC Advisors, LLC 6.53% of their portfolio SANDY SPRINGS, GA 297,570297.6k $10.6m $10.6m 6.53% Reduced -1.6k -1,647
45 BEACON FINANCIAL GROUP 1.53% of their portfolio DALLAS, TX 291,929291.9k $10.9m $10.9m 1.53% Reduced -14.1k -14,107
46 KESTRA PRIVATE WEALTH SERVICES, LLC 0.41% of their portfolio AUSTIN, TX 291,010291.0k $10.3m $10.3m 0.41% Added +34.8k +34,829
47 Mariner, LLC 0.03% of their portfolio Overland Park, KS 286,509286.5k $10.2m $10.2m 0.03% Added +104.8k +104,751
48 Atria Wealth Solutions, Inc. 0.15% of their portfolio NEW YORK, NY 284,648284.6k $10.1m $10.1m 0.15% Added +28.6k +28,610
49 AVANTAX ADVISORY SERVICES, INC. 0.12% of their portfolio DALLAS, TX 273,116273.1k $9.7m $9.7m 0.12% Added +24.4k +24,439
50 HARBOUR INVESTMENTS, INC. 0.49% of their portfolio MADISON, WI 255,276255.3k $9.1m $9.1m 0.49% Added +44.3k +44,300
51 Vestmark Advisory Solutions, Inc. 0.38% of their portfolio Wakefield, MA 249,182249.2k $8.8m $8.8m 0.38% Added +79.8k +79,791
52 Equitable Holdings, Inc. 0.14% of their portfolio NEW YORK, NY 241,741241.7k $8.6m $8.6m 0.14% Added +99.6k +99,643
53 Bluespring Wealth Management, LLC 1.06% of their portfolio AUSTIN, TX 226,560226.6k $8.0m $8.0m 1.06% Reduced -5.7k -5,735
54 D.A. DAVIDSON & CO. 0.09% of their portfolio GREAT FALLS, MT 219,472219.5k $7.8m $7.8m 0.09% Added +42.9k +42,906
55 Allworth Financial LP 0.08% of their portfolio FOLSOM, CA 215,428215.4k $7.6m $7.6m 0.08% Reduced -2.0k -1,997
56 J.P. Morgan Private Wealth Advisors LLC 0.02% of their portfolio SAN FRANCISCO, CA 211,932211.9k $7.5m $7.5m 0.02% Added +11.7k +11,678
57 Eagle Strategies LLC 1.87% of their portfolio NEW YORK, NY 210,964211.0k $7.5m $7.5m 1.87% Added +19.7k +19,744
58 Financial Advocates Investment Management 0.57% of their portfolio OLYMPIA, WA 210,157210.2k $7.5m $7.5m 0.57% Reduced -3.5k -3,484
59 ICA Group Wealth Management, LLC 1.75% of their portfolio DENVER, CO 206,866206.9k $7.3m $7.3m 1.75% Reduced -19.1k -19,067
60 Spectrum Wealth Advisory Group, LLC 9.80% of their portfolio GRANITE BAY, CA 204,912204.9k $7.3m $7.3m 9.80% Reduced -36.9k -36,859
61 Atria Investments, Inc 0.14% of their portfolio Charlotte, NC 201,474201.5k $7.2m $7.2m 0.14% Added +18.0k +17,990
62 Rehmann Capital Advisory Group 0.66% of their portfolio LANSING, MI 197,016197.0k $7.0m $7.0m 0.66% Added +45.2k +45,209
63 COZAD ASSET MANAGEMENT INC 0.93% of their portfolio CHAMPAIGN, IL 197,014197.0k $7.0m $7.0m 0.93% Reduced -2.2k -2,245
64 Salomon & Ludwin, LLC 0.83% of their portfolio RICHMOND, VA 195,290195.3k $6.9m $6.9m 0.83% Reduced -818 -818
65 Key Client Fiduciary Advisors, LLC 4.29% of their portfolio Fairfield, NJ 193,521193.5k $6.9m $6.9m 4.29% Added +11.3k +11,305
66 Bulltick Wealth Management, LLC 1.76% of their portfolio Miami, FL 188,235188.2k $6.7m $6.7m 1.76% Unchanged
67 JFS WEALTH ADVISORS, LLC 0.62% of their portfolio HERMITAGE, PA 183,864183.9k $6.5m $6.5m 0.62% Reduced -7.1k -7,092
68 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 176,800176.8k $6.3m $6.3m 0.01% Added +162.1k +162,097
69 Good Life Advisors, LLC 0.80% of their portfolio READING, PA 176,567176.6k $6.3m $6.3m 0.80% Added +20.0k +20,010
70 Mach-1 Financial Group, LLC 0.41% of their portfolio Rogers, AR 176,435176.4k $249.6k $249.6k 0.41% Added +27.8k +27,841
71 Ergawealth Advisors, Inc. 5.02% of their portfolio OAK BROOK, IL 173,744173.7k $6.2m $6.2m 5.02% Added +60.3k +60,259
72 Sterling Manor Financial, LLC 5.97% of their portfolio Saratoga Springs, NY 173,399173.4k $6.2m $6.2m 5.97% Reduced -149.0k -148,998
73 GDS Wealth Management 1.08% of their portfolio FLOWER MOUND, TX 172,848172.8k $6.1m $6.1m 1.08% Reduced -132.9k -132,929
74 Concorde Asset Management, LLC 7.20% of their portfolio ANN ARBOR, MI 171,022171.0k $6.1m $6.1m 7.20% Added +107.5k +107,490
75 Leelyn Smith, LLC 1.54% of their portfolio GENEVA, IL 168,997169.0k $6.0m $6.0m 1.54% Added +5.9k +5,943
76 Virtu Financial LLC 0.63% of their portfolio New York, NY 167,548167.5k $5.9m $5.9m 0.63% New
77 MANCHESTER FINANCIAL INC 1.71% of their portfolio Westlake Village, CA 166,635166.6k $5.9m $5.9m 1.71% Reduced -42 -42
78 PCG Wealth Advisors, LLC 3.68% of their portfolio OVERLAND PARK, KS 164,204164.2k $5.8m $5.8m 3.68% Added +85.2k +85,164
79 Stratos Wealth Partners, LTD. 0.15% of their portfolio BEACHWOOD, OH 158,525158.5k $5.6m $5.6m 0.15% Reduced -7.5k -7,456
80 Alpha Omega Group, Inc. 10.93% of their portfolio RESTON, VA 156,564156.6k $5.6m $5.6m 10.93% Added +1.5k +1,501
81 Avestar Capital, LLC 1.02% of their portfolio New York, NY 142,554142.6k $5.1m $5.1m 1.02% Added +5.0k +5,007
82 RFG Advisory, LLC 0.24% of their portfolio BIRMINGHAM, AL 140,315140.3k $5.0m $5.0m 0.24% Added +1.1k +1,071
83 Advisory Services Network, LLC 0.14% of their portfolio ATLANTA, GA 139,860139.9k $5.0m $5.0m 0.14% Reduced -1.8k -1,764
84 Orion Porfolio Solutions, LLC 0.06% of their portfolio OMAHA, NE 138,887138.9k $4.9m $4.9m 0.06% New
85 Orion Portfolio Solutions, LLC 0.06% of their portfolio Omaha, NE 138,887138.9k $4.9m $4.9m 0.06% Added +11.6k +11,592
86 PSI Advisors, LLC 2.31% of their portfolio TAMPA, FL 134,797134.8k $4.8m $4.8m 2.31% Added +9.4k +9,357
87 Next Level Private LLC 3.72% of their portfolio HARRISON, NY 132,961133.0k $4.7m $4.7m 3.72% Added +38.1k +38,132
88 Foundations Investment Advisors, LLC 0.17% of their portfolio PHOENIX, AZ 131,006131.0k $4.7m $4.7m 0.17% Reduced -2.1k -2,092
89 HFG Advisors, Inc. 5.02% of their portfolio CINCINATTI, OH 124,083124.1k $4.4m $4.4m 5.02% Added +2.1k +2,115
90 Mattern Wealth Management LLC 1.46% of their portfolio LAWRENCE, KS 123,828123.8k $4.4m $4.4m 1.46% New
91 TOWNSQUARE CAPITAL LLC 0.10% of their portfolio Lehi, UT 123,089123.1k $4.4m $4.4m 0.10% Added +35.3k +35,307
92 BENJAMIN F. EDWARDS & COMPANY, INC. 0.18% of their portfolio ST. LOUIS, MO 122,928122.9k $4.4m $4.4m 0.18% Added +88.1k +88,056
93 RiverTree Advisors, LLC 3.07% of their portfolio WINTER PARK, FL 119,979120.0k $4.3m $4.3m 3.07% Added +10.3k +10,328
94 Pacific Wealth Management 2.59% of their portfolio SAN DIEGO, CA 113,595113.6k $4.0m $4.0m 2.59% Added +6.5k +6,525
95 Geneos Wealth Management Inc. 0.24% of their portfolio ENGLEWOOD, CO 111,274111.3k $4.0m $4.0m 0.24% Reduced -52.7k -52,663
96 DAVENPORT & Co LLC 0.03% of their portfolio RICHMOND, VA 110,136110.1k $3.9m $3.9m 0.03% Added +42.2k +42,163
97 WORLD EQUITY GROUP, INC. 1.87% of their portfolio SCHAUMBURG, IL 104,901104.9k $12.5m $12.5m 1.87% Reduced -3.7k -3,718
98 MGO ONE SEVEN LLC 0.24% of their portfolio Beachwood, OH 104,600104.6k $3.7m $3.7m 0.24% Reduced -3.2k -3,184
99 Harvest Investment Services, LLC 2.79% of their portfolio Oakbrook Terrace, IL 101,673101.7k $3.6m $3.6m 2.79% Added +5.0k +5,022
100 OPPENHEIMER & CO INC 0.08% of their portfolio NEW YORK, NY 101,116101.1k $3.6m $3.6m 0.08% Added +22.6k +22,551