Vault-13

FIRST TR MORNINGSTAR DIVID L FDL

SHS · ETP · CUSIP 336917109

348 institutional holders -11 vs Q1 2023
77,698,95277.7m shares reported held*
$2.6bnreported value*
26 new 122 added 139 reduced 34 sold out net sold ≈ $350.6m (-10.3m 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 ($3.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $34.02. Options: 2 managers hold calls ($34.0k notional), 2 hold puts ($1.0m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 291Q4 22: 358Q1 23: 359Q2 23: 348348Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022291
Q4 2022358
Q1 2023359
Q2 2023348

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 23Q2 23: 148 bought or addedQ2 23: 173 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202223979
Q1 2023199125
Q2 2023148173

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 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 0.00Q2 23 calls: $34.0kQ2 23 puts: $1.0mQ2 23P/C 29.45
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$0—
Q1 2023$24.0k$00.00
Q2 2023$34.0k$1.0m29.45

Biggest buyers

Cetera Advisors LLC Added +328,584+328.6k
Janney Montgomery Scott LLC Added +268,198+268.2k
JANE STREET GROUP, LLC New +229,728+229.7k
JPMORGAN CHASE & CO Added +174,163+174.2k
Mach-1 Financial Group, LLC Added +173,058+173.1k
BEACON FINANCIAL GROUP Added +171,818+171.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +169,032+169.0k
HRT FINANCIAL LP New +166,017+166.0k
OSAIC HOLDINGS, INC. Added +147,593+147.6k
Advisory Alpha, LLC New +141,672+141.7k

Biggest sellers

AMERIPRISE FINANCIAL INC Reduced -3,647,292-3.6m
MORGAN STANLEY Reduced -1,715,778-1.7m
WELLS FARGO & COMPANY/MN Reduced -1,218,109-1.2m
Kestra Advisory Services, LLC Reduced -552,676-552.7k
One Capital Management, LLC Sold out -450,773-450.8k
BANK OF AMERICA CORP /DE/ Reduced -431,158-431.2k
Raymond James Financial Services Advisors, Inc. Reduced -404,434-404.4k
Sigma Planning Corp Reduced -376,085-376.1k
LPL Financial LLC Reduced -343,303-343.3k
Fortune 45 LLC Sold out -305,917-305.9k

Biggest calls

SIMPLEX TRADING, LLC Added $34.0k1.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

IAMS WEALTH MANAGEMENT, LLC New $1.0m29.6k shares
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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.25% of their portfolio FORT MILL, SC 10,215,73210.2m $347.4m $347.4m 0.25% Reduced -343.3k -343,303
2 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 7,973,0518.0m $271.2m $271.2m 0.03% Reduced -1.7m -1,715,778
3 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 3,633,1933.6m $123.6m $123.6m 0.04% Reduced -1.2m -1,218,109
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,622,3792.6m $89.2m $89.2m 0.01% Reduced -431.2k -431,158
5 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 2,402,5032.4m $81.7m $81.7m 0.03% Reduced -3.6m -3,647,292
6 Cetera Investment Advisers 0.67% of their portfolio SCHAUMBURG, IL 2,351,7752.4m $80.0m $80.0m 0.67% Reduced -84.7k -84,747
7 OSAIC HOLDINGS, INC. 0.14% of their portfolio SCOTTSDALE, AZ 2,350,9702.4m $80.0m $80.0m 0.14% Added +147.6k +147,593
8 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,214,5852.2m $75.3m $75.3m 0.03% Added +14.7k +14,744
9 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 2,116,4662.1m $72.0m $72.0m 0.02% Reduced -48.1k -48,133
10 Raymond James Financial Services Advisors, Inc. 0.12% of their portfolio ST. PETERSBURG, FL 1,981,3702.0m $67.4m $67.4m 0.12% Reduced -404.4k -404,434
11 RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio ST PETERSBURG, FL 1,944,5081.9m $66.1m $66.1m 0.05% Reduced -123.9k -123,939
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 1,722,3521.7m $58.6m $58.6m 0.08% Added +169.0k +169,032
13 Csenge Advisory Group 3.41% of their portfolio CLEARWATER, FL 1,495,7041.5m $50.9m $50.9m 3.41% Added +70.8k +70,801
14 STIFEL FINANCIAL CORP 0.07% of their portfolio ST. LOUIS, MO 1,480,8301.5m $50.4m $50.4m 0.07% Reduced -205.2k -205,247
15 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,424,8821.4m $48.5m $48.5m 0.02% Reduced -290.9k -290,886
16 Cetera Advisors LLC 0.76% of their portfolio DENVER, CO 1,417,4901.4m $48.2m $48.2m 0.76% Added +328.6k +328,584
17 Cambridge Investment Research Advisors, Inc. 0.20% of their portfolio FAIRFIELD, IA 1,304,1491.3m $44.4m $44.4m 0.20% Reduced -90.7k -90,686
18 STEPHENS INC /AR/ 0.73% of their portfolio LITTLE ROCK, AR 1,197,2091.2m $40.7m $40.7m 0.73% Added +68.1k +68,100
19 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 1,178,4131.2m $40.1m $40.1m 0.08% Added +113.4k +113,442
20 Kowal Investment Group, LLC 9.31% of their portfolio BROOKFIELD, WI 1,023,0261.0m $34.8m $34.8m 9.31% Added +120.3k +120,342
21 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 998,811998.8k $34.0m $34.0m 0.00% Added +174.2k +174,163
22 Cetera Advisor Networks LLC 0.22% of their portfolio EL SEGUNDO, CA 912,700912.7k $31.0m $31.0m 0.22% Reduced -131.6k -131,603
23 TRUE Private Wealth Advisors 4.49% of their portfolio Salem, OR 892,778892.8k $30.4m $30.4m 4.49% Added +66.4k +66,390
24 Summit Financial Wealth Advisors, LLC 6.48% of their portfolio Lafayette, LA 824,616824.6k $28.0m $28.0m 6.48% Reduced -6.6k -6,642
25 AE Wealth Management LLC 0.16% of their portfolio TOPEKA, KS 794,894794.9k $27.0m $27.0m 0.16% Added +135.3k +135,338
26 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 766,147766.1k $26.1m $26.1m 0.04% Reduced -191.0k -190,983
27 Steward Partners Investment Advisory, LLC 0.37% of their portfolio STAMFORD, CT 726,425726.4k $24.7m $24.7m 0.37% Added +9.3k +9,305
28 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 622,743622.7k $21.2m $21.2m 0.07% Added +268.2k +268,198
29 Private Advisor Group, LLC 0.18% of their portfolio MORRISTOWN, NJ 603,050603.0k $20.8m $20.8m 0.18% Added +92.8k +92,845
30 Prospera Financial Services Inc 0.64% of their portfolio Dallas, TX 490,955491.0k $16.7m $16.7m 0.64% Reduced -45.5k -45,505
31 BEACON FINANCIAL GROUP 2.20% of their portfolio DALLAS, TX 463,747463.7k $16.2m $16.2m 2.20% Added +171.8k +171,818
32 Kestra Advisory Services, LLC 0.15% of their portfolio AUSTIN, TX 439,243439.2k $14.9m $14.9m 0.15% Reduced -552.7k -552,676
33 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 425,885425.9k $14.5m $14.5m 0.03% Added +20.8k +20,780
34 Southland Equity Partners LLC 4.63% of their portfolio WILDWOOD, MO 403,530403.5k $13.7m $13.7m 4.63% Added +6.0k +5,979
35 AIFG Consultants Ltd. 9.93% of their portfolio HALFMOON, NY 363,732363.7k $12.4m $12.4m 9.93% Reduced -6.9k -6,939
36 Mach-1 Financial Group, LLC 4.76% of their portfolio Rogers, AR 349,493349.5k $11.9m $11.9m 4.76% Added +173.1k +173,058
37 CHURCHILL MANAGEMENT Corp 0.20% of their portfolio Los Angeles, CA 344,912344.9k $11.7m $11.7m 0.20% Reduced -25.7k -25,655
38 Integrated Wealth Concepts LLC 0.20% of their portfolio WALTHAM, MA 342,680342.7k $11.7m $11.7m 0.20% Reduced -14.8k -14,780
39 Sterling Manor Financial, LLC 8.61% of their portfolio Saratoga Springs, NY 299,870299.9k $10.2m $10.2m 8.61% Added +126.5k +126,471
40 HC Advisors, LLC 5.90% of their portfolio SANDY SPRINGS, GA 298,991299.0k $10.2m $10.2m 5.90% Added +1.4k +1,421
41 AVANTAX ADVISORY SERVICES, INC. 0.12% of their portfolio DALLAS, TX 297,759297.8k $10.1m $10.1m 0.12% Added +24.6k +24,643
42 HARBOUR INVESTMENTS, INC. 0.50% of their portfolio MADISON, WI 295,171295.2k $10.0m $10.0m 0.50% Added +39.9k +39,895
43 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 294,680294.7k $10.0m $10.0m 0.01% Reduced -4.4k -4,381
44 Mariner, LLC 0.03% of their portfolio Overland Park, KS 287,630287.6k $9.8m $9.8m 0.03% Added +1.1k +1,121
45 Sigma Planning Corp 0.33% of their portfolio ANN ARBOR, MI 273,087273.1k $9.3m $9.3m 0.33% Reduced -376.1k -376,085
46 Teamwork Financial Advisors, LLC 1.49% of their portfolio San Antonio, TX 269,289269.3k $9.2m $9.2m 1.49% Reduced -47.5k -47,450
47 Spectrum Wealth Advisory Group, LLC 11.50% of their portfolio GRANITE BAY, CA 255,088255.1k $8.7m $8.7m 11.50% Added +50.2k +50,176
48 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 247,784247.8k $8.4m $8.4m 0.05% Reduced -64.1k -64,145
49 ICA Group Wealth Management, LLC 1.98% of their portfolio DENVER, CO 231,904231.9k $7.9m $7.9m 1.98% Added +25.0k +25,038
50 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 229,728229.7k $7.8m $7.8m 0.01% New
51 Allworth Financial LP 0.07% of their portfolio FOLSOM, CA 226,319226.3k $7.7m $7.7m 0.07% Added +10.9k +10,891
52 Atria Wealth Solutions, Inc. 0.10% of their portfolio NEW YORK, NY 220,552220.6k $7.5m $7.5m 0.10% Reduced -64.1k -64,096
53 NewEdge Advisors, LLC 0.08% of their portfolio NEW ORLEANS, LA 204,468204.5k $7.0m $7.0m 0.08% Reduced -181.8k -181,845
54 Financial Advocates Investment Management 0.48% of their portfolio OLYMPIA, WA 191,739191.7k $6.5m $6.5m 0.48% Reduced -18.4k -18,418
55 COZAD ASSET MANAGEMENT INC 0.81% of their portfolio CHAMPAIGN, IL 191,623191.6k $6.5m $6.5m 0.81% Reduced -5.4k -5,391
56 Salomon & Ludwin, LLC 0.69% of their portfolio RICHMOND, VA 190,363190.4k $6.5m $6.5m 0.69% Reduced -4.9k -4,927
57 Key Client Fiduciary Advisors, LLC 3.75% of their portfolio Fairfield, NJ 188,765188.8k $6.4m $6.4m 3.75% Reduced -4.8k -4,756
58 Ergawealth Advisors, Inc. 4.38% of their portfolio OAK BROOK, IL 187,868187.9k $6.4m $6.4m 4.38% Added +14.1k +14,124
59 Bulltick Wealth Management, LLC 1.50% of their portfolio Miami, FL 187,410187.4k $6.4m $6.4m 1.50% Reduced -825 -825
60 D.A. DAVIDSON & CO. 0.06% of their portfolio GREAT FALLS, MT 177,811177.8k $6.0m $6.0m 0.06% Reduced -41.7k -41,661
61 PCG Wealth Advisors, LLC 3.73% of their portfolio OVERLAND PARK, KS 176,421176.4k $6.0m $6.0m 3.73% Added +12.2k +12,217
62 KESTRA PRIVATE WEALTH SERVICES, LLC 0.20% of their portfolio AUSTIN, TX 173,119173.1k $5.9m $5.9m 0.20% Reduced -117.9k -117,891
63 JFS WEALTH ADVISORS, LLC 0.51% of their portfolio HERMITAGE, PA 166,459166.5k $5.7m $5.7m 0.51% Reduced -17.4k -17,405
64 HRT FINANCIAL LP 0.05% of their portfolio NEW YORK, NY 166,017166.0k $5.6m $5.6m 0.05% New
65 Leelyn Smith, LLC 1.35% of their portfolio GENEVA, IL 163,779163.8k $5.6m $5.6m 1.35% Reduced -5.2k -5,218
66 Alpha Omega Group, Inc. 10.19% of their portfolio RESTON, VA 161,774161.8k $5.5m $5.5m 10.19% Added +5.2k +5,210
67 GDS Wealth Management 0.83% of their portfolio FLOWER MOUND, TX 151,199151.2k $5.1m $5.1m 0.83% Reduced -21.6k -21,649
68 Bluespring Wealth Management, LLC 0.65% of their portfolio AUSTIN, TX 146,045146.0k $5.0m $5.0m 0.65% Reduced -80.5k -80,515
69 Advisory Alpha, LLC 0.25% of their portfolio HOLLAND, MI 141,672141.7k $4.8m $4.8m 0.25% New
70 Mattern Wealth Management LLC 1.39% of their portfolio LAWRENCE, KS 140,231140.2k $4.8m $4.8m 1.39% Added +16.4k +16,403
71 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 139,039139.0k $4.7m $4.7m 0.02% First filing
72 Equitable Holdings, Inc. 0.07% of their portfolio NEW YORK, NY 137,989138.0k $4.7m $4.7m 0.07% Reduced -103.8k -103,752
73 Crumly & Associates Inc. 1.82% of their portfolio SPRINGFIELD, IL 133,846133.8k $4.6m $4.6m 1.82% Added +56.6k +56,607
74 WORLD EQUITY GROUP, INC. 1.30% of their portfolio SCHAUMBURG, IL 129,795129.8k $4.4m $4.4m 1.30% Added +24.9k +24,894
75 Next Level Private LLC 2.84% of their portfolio HARRISON, NY 129,542129.5k $4.4m $4.4m 2.84% Reduced -3.4k -3,419
76 Orion Porfolio Solutions, LLC 0.05% of their portfolio OMAHA, NE 129,357129.4k $4.4m $4.4m 0.05% Reduced -9.5k -9,530
77 Orion Portfolio Solutions, LLC 0.05% of their portfolio Omaha, NE 129,357129.4k $4.4m $4.4m 0.05% Reduced -9.5k -9,530
78 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 125,646125.6k $4.3m $4.3m 0.01% Reduced -51.2k -51,154
79 TOWNSQUARE CAPITAL LLC 0.08% of their portfolio Lehi, UT 123,400123.4k $4.2m $4.2m 0.08% Added +311 +311
80 HFG Advisors, Inc. 4.41% of their portfolio CINCINATTI, OH 122,834122.8k $4.2m $4.2m 4.41% Reduced -1.2k -1,249
81 Advisory Services Network, LLC 0.11% of their portfolio ATLANTA, GA 119,708119.7k $4.1m $4.1m 0.11% Reduced -20.2k -20,152
82 Virtu Financial LLC 0.31% of their portfolio New York, NY 118,574118.6k $4.0m $4.0m 0.31% Reduced -49.0k -48,974
83 MANCHESTER FINANCIAL INC 1.10% of their portfolio Westlake Village, CA 113,555113.6k $3.9m $3.9m 1.10% Reduced -53.1k -53,080
84 Pacific Wealth Management 2.47% of their portfolio SAN DIEGO, CA 111,801111.8k $3.8m $3.8m 2.47% Reduced -1.8k -1,794
85 Elevated Capital Advisors, LLC 1.23% of their portfolio SANDY, UT 109,010109.0k $3.7m $3.7m 1.23% Added +63.2k +63,179
86 Harvest Investment Services, LLC 2.08% of their portfolio Oakbrook Terrace, IL 107,475107.5k $3.7m $3.7m 2.08% Added +5.8k +5,802
87 Second Half Financial Partners, LLC 0.83% of their portfolio SEBRING, FL 106,661106.7k $3.6m $3.6m 0.83% New
88 Atria Investments, Inc 0.06% of their portfolio Charlotte, NC 105,676105.7k $3.6m $3.6m 0.06% Reduced -95.8k -95,798
89 OPPENHEIMER & CO INC 0.07% of their portfolio NEW YORK, NY 100,248100.2k $3.4m $3.4m 0.07% Reduced -868 -868
90 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.46% of their portfolio ORLANDO, FL 100,204100.2k $3.4m $3.4m 0.46% Added +15.7k +15,725
91 Rehmann Capital Advisory Group 0.30% of their portfolio LANSING, MI 98,96199.0k $3.4m $3.4m 0.30% Reduced -98.1k -98,055
92 Total Clarity Wealth Management, Inc. 1.60% of their portfolio ST. CHARLES, IL 94,66794.7k $3.2m $3.2m 1.60% Reduced -1.0k -1,020
93 Concorde Asset Management, LLC 2.97% of their portfolio ANN ARBOR, MI 94,62494.6k $3.2m $3.2m 2.97% Reduced -76.4k -76,398
94 CREATIVE FINANCIAL DESIGNS INC /ADV 0.38% of their portfolio KOKOMO, IN 94,05494.1k $3.2m $3.2m 0.38% Added +4.8k +4,815
95 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 92,31192.3k $3.1m $3.1m 0.00% Added +1.3k +1,312
96 J.W. COLE ADVISORS, INC. 0.22% of their portfolio TAMPA, FL 90,86390.9k $3.1m $3.1m 0.22% Reduced -6.9k -6,885
97 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.30% of their portfolio CEDAR RAPIDS, IA 89,13189.1k $3.0m $3.0m 0.30% Added +4.3k +4,287
98 DAVENPORT & Co LLC 0.02% of their portfolio RICHMOND, VA 88,07188.1k $3.0m $3.0m 0.02% Reduced -22.1k -22,065
99 BENJAMIN F. EDWARDS & COMPANY, INC. 0.11% of their portfolio ST. LOUIS, MO 85,62985.6k $2.9m $2.9m 0.11% Reduced -37.3k -37,299
100 Bensler, LLC 0.54% of their portfolio Bellevue, WA 82,93682.9k $2.8m $2.8m 0.54% Added +249 +249