Vault-13

FIRST TR MORNINGSTAR DIVID L FDL

SHS · ETP · CUSIP 336917109

350 institutional holders +2 vs Q2 2023
71,653,90071.7m shares reported held*
$2.4bnreported value*
27 new 94 added 163 reduced 33 sold out net sold ≈ $214.3m (-6.4m 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 ($3.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $33.45. Options: 2 managers hold calls ($13.0k notional), 1 hold puts ($0).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 291Q4 22: 358Q1 23: 359Q2 23: 348Q3 23: 350350Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022291
Q4 2022358
Q1 2023359
Q2 2023348
Q3 2023350

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 23Q3 23: 121 bought or addedQ3 23: 196 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 202223979
Q1 2023199125
Q2 2023148173
Q3 2023121196

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ4 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 29.45Q3 23 calls: $13.0kQ3 23 puts: $0Q3 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2022$0$0—
Q1 2023$24.0k$00.00
Q2 2023$34.0k$1.0m29.45
Q3 2023$13.0k$00.00

Biggest buyers

AMERIPRISE FINANCIAL INC Added +163,492+163.5k
Elevated Capital Advisors, LLC Added +161,913+161.9k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +160,870+160.9k
COMERICA BANK New +83,058+83.1k
Virtu Financial LLC Added +81,134+81.1k
BEACON FINANCIAL GROUP Added +71,050+71.0k
Atria Investments, Inc Added +62,859+62.9k
Kowal Investment Group, LLC Added +57,179+57.2k
OneAscent Wealth Management LLC New +55,667+55.7k
Csenge Advisory Group Added +54,833+54.8k

Biggest sellers

LPL Financial LLC Reduced -1,048,562-1.0m
MORGAN STANLEY Reduced -741,138-741.1k
BANK OF AMERICA CORP /DE/ Reduced -464,178-464.2k
WELLS FARGO & COMPANY/MN Reduced -419,814-419.8k
AE Wealth Management LLC Reduced -385,360-385.4k
RAYMOND JAMES & ASSOCIATES Reduced -379,041-379.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -290,344-290.3k
UBS Group AG Reduced -280,272-280.3k
Cambridge Investment Research Advisors, Inc. Reduced -272,794-272.8k
Cetera Advisor Networks LLC Reduced -200,655-200.7k

Biggest calls

SIMPLEX TRADING, LLC Reduced $13.0k400 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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.21% of their portfolio FORT MILL, SC 9,167,1709.2m $306.6m $306.6m 0.21% Reduced -1.0m -1,048,562
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 7,231,9137.2m $241.8m $241.8m 0.02% Reduced -741.1k -741,138
3 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 3,213,3793.2m $107.5m $107.5m 0.03% Reduced -419.8k -419,814
4 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 2,565,9952.6m $85.8m $85.8m 0.03% Added +163.5k +163,492
5 Cetera Investment Advisers 0.68% of their portfolio SCHAUMBURG, IL 2,346,4542.3m $78.5m $78.5m 0.68% Reduced -5.3k -5,321
6 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 2,330,9132.3m $78.0m $78.0m 0.12% Reduced -20.1k -20,057
7 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,158,2012.2m $72.2m $72.2m 0.01% Reduced -464.2k -464,178
8 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,957,7692.0m $65.5m $65.5m 0.02% Reduced -158.7k -158,697
9 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,934,3131.9m $64.7m $64.7m 0.03% Reduced -280.3k -280,272
10 Raymond James Financial Services Advisors, Inc. 0.12% of their portfolio ST. PETERSBURG, FL 1,931,3521.9m $64.6m $64.6m 0.12% Reduced -50.0k -50,018
11 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 1,565,4671.6m $52.3m $52.3m 0.04% Reduced -379.0k -379,041
12 Csenge Advisory Group 3.53% of their portfolio CLEARWATER, FL 1,550,5371.6m $51.8m $51.8m 3.53% Added +54.8k +54,833
13 Cetera Advisors LLC 0.76% of their portfolio DENVER, CO 1,463,6761.5m $48.9m $48.9m 0.76% Added +46.2k +46,186
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,432,0081.4m $47.9m $47.9m 0.06% Reduced -290.3k -290,344
15 STIFEL FINANCIAL CORP 0.07% of their portfolio ST. LOUIS, MO 1,421,7011.4m $47.5m $47.5m 0.07% Reduced -59.1k -59,129
16 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,395,0931.4m $46.7m $46.7m 0.02% Reduced -29.8k -29,789
17 STEPHENS INC /AR/ 0.76% of their portfolio LITTLE ROCK, AR 1,192,5761.2m $39.9m $39.9m 0.76% Reduced -4.6k -4,633
18 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 1,094,4701.1m $36.6m $36.6m 0.08% Reduced -83.9k -83,943
19 Kowal Investment Group, LLC 9.75% of their portfolio BROOKFIELD, WI 1,080,2051.1m $36.1m $36.1m 9.75% Added +57.2k +57,179
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,053,1801.1m $35.2m $35.2m 0.00% Added +54.4k +54,369
21 Cambridge Investment Research Advisors, Inc. 0.16% of their portfolio FAIRFIELD, IA 1,031,3551.0m $34.5m $34.5m 0.16% Reduced -272.8k -272,794
22 TRUE Private Wealth Advisors 4.14% of their portfolio Salem, OR 892,276892.3k $29.8m $29.8m 4.14% Reduced -502 -502
23 Summit Financial Wealth Advisors, LLC 6.10% of their portfolio Lafayette, LA 752,103752.1k $24.9m $24.9m 6.10% Reduced -72.5k -72,513
24 Cetera Advisor Networks LLC 0.15% of their portfolio EL SEGUNDO, CA 712,045712.0k $23.8m $23.8m 0.15% Reduced -200.7k -200,655
25 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 707,460707.5k $23.7m $23.7m 0.04% Reduced -58.7k -58,687
26 Steward Partners Investment Advisory, LLC 0.35% of their portfolio STAMFORD, CT 673,383673.4k $22.5m $22.5m 0.35% Reduced -53.0k -53,042
27 Janney Montgomery Scott LLC 0.08% of their portfolio PHILADELPHIA, PA 615,099615.1k $20.6m $20.6m 0.08% Reduced -7.6k -7,644
28 BEACON FINANCIAL GROUP 2.71% of their portfolio DALLAS, TX 534,797534.8k $19.1m $19.1m 2.71% Added +71.0k +71,050
29 Prospera Financial Services Inc 0.65% of their portfolio Dallas, TX 500,529500.5k $16.7m $16.7m 0.65% Added +9.6k +9,574
30 Private Advisor Group, LLC 0.14% of their portfolio MORRISTOWN, NJ 482,521482.5k $16.1m $16.1m 0.14% Reduced -120.5k -120,529
31 AE Wealth Management LLC 0.08% of their portfolio TOPEKA, KS 409,534409.5k $13.7m $13.7m 0.08% Reduced -385.4k -385,360
32 Southland Equity Partners LLC 4.69% of their portfolio WILDWOOD, MO 407,741407.7k $13.6m $13.6m 4.69% Added +4.2k +4,211
33 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 363,860363.9k $12.2m $12.2m 0.02% Reduced -62.0k -62,025
34 Sterling Manor Financial, LLC 10.34% of their portfolio Saratoga Springs, NY 341,544341.5k $11.4m $11.4m 10.34% Added +41.7k +41,674
35 AIFG Consultants Ltd. 9.28% of their portfolio HALFMOON, NY 334,571334.6k $11.2m $11.2m 9.28% Reduced -29.2k -29,161
36 Integrated Wealth Concepts LLC 0.20% of their portfolio WALTHAM, MA 333,310333.3k $11.1m $11.1m 0.20% Reduced -9.4k -9,370
37 Kestra Advisory Services, LLC 0.10% of their portfolio AUSTIN, TX 309,648309.6k $10.4m $10.4m 0.10% Reduced -129.6k -129,595
38 HC Advisors, LLC 6.07% of their portfolio SANDY SPRINGS, GA 305,121305.1k $10.2m $10.2m 6.07% Added +6.1k +6,130
39 HARBOUR INVESTMENTS, INC. 0.49% of their portfolio MADISON, WI 289,972290.0k $9.7m $9.7m 0.49% Reduced -5.2k -5,199
40 AVANTAX ADVISORY SERVICES, INC. 0.10% of their portfolio DALLAS, TX 277,002277.0k $9.3m $9.3m 0.10% Reduced -20.8k -20,757
41 ICA Group Wealth Management, LLC 2.58% of their portfolio DENVER, CO 275,081275.1k $9.2m $9.2m 2.58% Added +43.2k +43,177
42 Elevated Capital Advisors, LLC 3.09% of their portfolio SANDY, UT 270,923270.9k $9.1m $9.1m 3.09% Added +161.9k +161,913
43 Spectrum Wealth Advisory Group, LLC 11.99% of their portfolio GRANITE BAY, CA 259,140259.1k $8.7m $8.7m 11.99% Added +4.1k +4,052
44 Sigma Planning Corp 0.28% of their portfolio ANN ARBOR, MI 223,893223.9k $7.5m $7.5m 0.28% Reduced -49.2k -49,194
45 Allworth Financial LP 0.06% of their portfolio FOLSOM, CA 214,048214.0k $7.2m $7.2m 0.06% Reduced -12.3k -12,271
46 Financial Advocates Investment Management 0.52% of their portfolio OLYMPIA, WA 210,272210.3k $7.0m $7.0m 0.52% Added +18.5k +18,533
47 Mariner, LLC 0.02% of their portfolio Overland Park, KS 204,734204.7k $6.8m $6.8m 0.02% Reduced -82.9k -82,896
48 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 200,898200.9k $6.7m $6.7m 0.01% Reduced -93.8k -93,782
49 Virtu Financial LLC 0.66% of their portfolio New York, NY 199,708199.7k $6.7m $6.7m 0.66% Added +81.1k +81,134
50 D.A. DAVIDSON & CO. 0.07% of their portfolio GREAT FALLS, MT 194,214194.2k $6.5m $6.5m 0.07% Added +16.4k +16,403
51 Atria Wealth Solutions, Inc. 0.09% of their portfolio NEW YORK, NY 193,950193.9k $6.5m $6.5m 0.09% Reduced -26.6k -26,602
52 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 193,055193.1k $6.5m $6.5m 0.04% Reduced -54.7k -54,729
53 Mach-1 Financial Group, LLC 2.64% of their portfolio Rogers, AR 188,222188.2k $6.3m $6.3m 2.64% Reduced -161.3k -161,271
54 Salomon & Ludwin, LLC 0.65% of their portfolio RICHMOND, VA 187,535187.5k $6.3m $6.3m 0.65% Reduced -2.8k -2,828
55 Key Client Fiduciary Advisors, LLC 3.84% of their portfolio Fairfield, NJ 186,884186.9k $6.2m $6.2m 3.84% Reduced -1.9k -1,881
56 COZAD ASSET MANAGEMENT INC 0.80% of their portfolio CHAMPAIGN, IL 183,311183.3k $6.1m $6.1m 0.80% Reduced -8.3k -8,312
57 Bulltick Wealth Management, LLC 1.49% of their portfolio Miami, FL 179,410179.4k $6.0m $6.0m 1.49% Reduced -8.0k -8,000
58 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 177,337177.3k $5.9m $5.9m 0.07% Reduced -27.1k -27,131
59 Alpha Omega Group, Inc. 10.70% of their portfolio RESTON, VA 168,882168.9k $5.6m $5.6m 10.70% Added +7.1k +7,108
60 Atria Investments, Inc 0.10% of their portfolio Charlotte, NC 168,535168.5k $5.6m $5.6m 0.10% Added +62.9k +62,859
61 Leelyn Smith, LLC 1.35% of their portfolio GENEVA, IL 165,729165.7k $5.5m $5.5m 1.35% Added +1.9k +1,950
62 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 160,870160.9k $5.4m $5.4m 0.02% New
63 PCG Wealth Advisors, LLC 3.52% of their portfolio OVERLAND PARK, KS 160,673160.7k $5.4m $5.4m 3.52% Reduced -15.7k -15,748
64 JFS WEALTH ADVISORS, LLC 0.50% of their portfolio HERMITAGE, PA 159,186159.2k $5.3m $5.3m 0.50% Reduced -7.3k -7,273
65 HRT FINANCIAL LP 0.06% of their portfolio NEW YORK, NY 158,620158.6k $5.3m $5.3m 0.06% Reduced -7.4k -7,397
66 CHURCHILL MANAGEMENT Corp 0.08% of their portfolio Los Angeles, CA 149,361149.4k $5.0m $5.0m 0.08% Reduced -195.6k -195,551
67 Advisory Alpha, LLC 0.25% of their portfolio HOLLAND, MI 145,599145.6k $4.9m $4.9m 0.25% Added +3.9k +3,927
68 Harvest Investment Services, LLC 3.12% of their portfolio Oakbrook Terrace, IL 144,829144.8k $4.8m $4.8m 3.12% Added +37.4k +37,354
69 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 138,308138.3k $4.6m $4.6m 0.02% First filing
70 Crumly & Associates Inc. 1.81% of their portfolio SPRINGFIELD, IL 138,140138.1k $4.6m $4.6m 1.81% Added +4.3k +4,294
71 Ergawealth Advisors, Inc. 3.14% of their portfolio OAK BROOK, IL 135,927135.9k $4.5m $4.5m 3.14% Reduced -51.9k -51,941
72 GDS Wealth Management 0.69% of their portfolio FLOWER MOUND, TX 131,038131.0k $4.4m $4.4m 0.69% Reduced -20.2k -20,161
73 Equitable Holdings, Inc. 0.06% of their portfolio NEW YORK, NY 127,508127.5k $4.3m $4.3m 0.06% Reduced -10.5k -10,481
74 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 124,696124.7k $4.2m $4.2m 0.02% Reduced -14.3k -14,343
75 Orion Porfolio Solutions, LLC 0.05% of their portfolio OMAHA, NE 122,219122.2k $4.1m $4.1m 0.05% Reduced -7.1k -7,138
76 Orion Portfolio Solutions, LLC 0.05% of their portfolio Omaha, NE 122,219122.2k $4.1m $4.1m 0.05% Reduced -7.1k -7,138
77 HFG Advisors, Inc. 4.36% of their portfolio CINCINATTI, OH 119,163119.2k $4.0m $4.0m 4.36% Reduced -3.7k -3,671
78 Bluespring Wealth Management, LLC 0.52% of their portfolio AUSTIN, TX 118,185118.2k $4.0m $4.0m 0.52% Reduced -27.9k -27,860
79 Pacific Wealth Management 2.58% of their portfolio SAN DIEGO, CA 117,501117.5k $3.9m $3.9m 2.58% Added +5.7k +5,700
80 WORLD EQUITY GROUP, INC. 0.81% of their portfolio SCHAUMBURG, IL 116,907116.9k $3.9m $3.9m 0.81% Reduced -12.9k -12,888
81 Teamwork Financial Advisors, LLC 0.62% of their portfolio San Antonio, TX 112,871112.9k $3.8m $3.8m 0.62% Reduced -156.4k -156,418
82 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.50% of their portfolio ORLANDO, FL 109,252109.3k $3.6m $3.6m 0.50% Added +9.0k +9,048
83 TOWNSQUARE CAPITAL LLC 0.07% of their portfolio Lehi, UT 106,774106.8k $3.6m $3.6m 0.07% Reduced -16.6k -16,626
84 Next Level Private LLC 2.19% of their portfolio HARRISON, NY 100,454100.5k $3.3m $3.3m 2.19% Reduced -29.1k -29,088
85 OPPENHEIMER & CO INC 0.07% of their portfolio NEW YORK, NY 97,62397.6k $3.3m $3.3m 0.07% Reduced -2.6k -2,625
86 MANCHESTER FINANCIAL INC 0.94% of their portfolio Westlake Village, CA 96,08996.1k $3.2m $3.2m 0.94% Reduced -17.5k -17,466
87 Advisory Services Network, LLC 0.09% of their portfolio ATLANTA, GA 95,71295.7k $3.2m $3.2m 0.09% Reduced -24.0k -23,996
88 Rehmann Capital Advisory Group 0.29% of their portfolio LANSING, MI 94,22094.2k $3.2m $3.2m 0.29% Reduced -4.7k -4,741
89 CREATIVE FINANCIAL DESIGNS INC /ADV 0.36% of their portfolio KOKOMO, IN 92,09992.1k $3.1m $3.1m 0.36% Reduced -2.0k -1,955
90 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 90,50290.5k $3.0m $3.0m 0.00% Reduced -35.1k -35,144
91 BENJAMIN F. EDWARDS & COMPANY, INC. 0.12% of their portfolio ST. LOUIS, MO 90,26790.3k $3.0m $3.0m 0.12% Added +4.6k +4,638
92 J.W. COLE ADVISORS, INC. 0.22% of their portfolio TAMPA, FL 87,78687.8k $2.9m $2.9m 0.22% Reduced -3.1k -3,077
93 Kure Advisory, LLC 1.64% of their portfolio PLYMOUTH, MN 86,57886.6k $2.9m $2.9m 1.64% First filing
94 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 86,14986.1k $2.9m $2.9m 0.00% Added +9.6k +9,609
95 OneDigital Investment Advisors LLC 0.06% of their portfolio OVERLAND PARK, KS 84,48884.5k $2.8m $2.8m 0.06% Added +17.6k +17,625
96 Bensler, LLC 0.54% of their portfolio Bellevue, WA 83,45183.5k $2.8m $2.8m 0.54% Added +515 +515
97 COMERICA BANK 0.01% of their portfolio DALLAS, TX 83,05883.1k $2.8m $2.8m 0.01% New
98 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 82,26982.3k $2.8m $2.8m 0.00% Reduced -10.0k -10,042
99 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 78,64078.6k $2.6m $2.6m 0.01% Reduced -950 -950
100 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.26% of their portfolio CEDAR RAPIDS, IA 77,24577.2k $2.6m $2.6m 0.26% Reduced -11.9k -11,886