Vault-13

FIRST TR MORNINGSTAR DIVID L FDL

SHS · ETP · CUSIP 336917109

364 institutional holders +14 vs Q3 2023
71,281,49871.3m shares reported held*
$2.6bnreported value*
30 new 84 added 169 reduced 37 sold out net sold ≈ $38.0m (-1.1m 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 ($2.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $35.88. Options: 2 managers hold calls ($21.0k notional), 1 hold puts ($0).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 291Q4 22: 358Q1 23: 359Q2 23: 348Q3 23: 350Q4 23: 364364Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022291
Q4 2022358
Q1 2023359
Q2 2023348
Q3 2023350
Q4 2023364

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 23Q4 23: 114 bought or addedQ4 23: 206 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 202223979
Q1 2023199125
Q2 2023148173
Q3 2023121196
Q4 2023114206

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ1 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 0.00Q4 23 calls: $21.0kQ4 23 puts: $0Q4 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2023$24.0k$00.00
Q2 2023$34.0k$1.0m29.45
Q3 2023$13.0k$00.00
Q4 2023$21.0k$00.00

Biggest buyers

MORGAN STANLEY Added +6,095,033+6.1m
JPMORGAN CHASE & CO Added +1,132,364+1.1m
AMERIPRISE FINANCIAL INC Added +262,342+262.3k
ICA Group Wealth Management, LLC Added +111,924+111.9k
HighTower Advisors, LLC Added +93,849+93.8k
Advisor Resource Council Added +92,444+92.4k
Hobart Private Capital, LLC New +77,047+77.0k
TRUE Private Wealth Advisors Added +75,840+75.8k
Coppell Advisory Solutions LLC Added +58,474+58.5k
Rockefeller Capital Management L.P. Added +56,780+56.8k

Biggest sellers

Cetera Investment Advisers Reduced -2,166,792-2.2m
STEPHENS INC /AR/ Reduced -641,691-641.7k
LPL Financial LLC Reduced -472,496-472.5k
Steward Partners Investment Advisory, LLC Reduced -433,704-433.7k
WELLS FARGO & COMPANY/MN Reduced -395,615-395.6k
BANK OF AMERICA CORP /DE/ Reduced -357,852-357.9k
Cambridge Investment Research Advisors, Inc. Reduced -344,409-344.4k
OSAIC HOLDINGS, INC. Reduced -337,774-337.8k
UBS Group AG Reduced -317,825-317.8k
RAYMOND JAMES & ASSOCIATES Reduced -278,064-278.1k

Biggest calls

SIMPLEX TRADING, LLC Added $21.0k600 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 13,326,94613.3m $478.2m $478.2m 0.02% Added +6.1m +6,095,033
2 LPL Financial LLC 0.19% of their portfolio FORT MILL, SC 8,694,6748.7m $312.0m $312.0m 0.19% Reduced -472.5k -472,496
3 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 2,828,3372.8m $101.5m $101.5m 0.03% Added +262.3k +262,342
4 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,817,7642.8m $101.1m $101.1m 0.03% Reduced -395.6k -395,615
5 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,185,5442.2m $78.4m $78.4m 0.00% Added +1.1m +1,132,364
6 OSAIC HOLDINGS, INC. 0.13% of their portfolio SCOTTSDALE, AZ 1,993,1392.0m $71.5m $71.5m 0.13% Reduced -337.8k -337,774
7 Raymond James Financial Services Advisors, Inc. 0.11% of their portfolio ST. PETERSBURG, FL 1,915,1411.9m $68.7m $68.7m 0.11% Reduced -16.2k -16,211
8 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,800,3491.8m $64.6m $64.6m 0.01% Reduced -357.9k -357,852
9 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,754,1031.8m $62.9m $62.9m 0.02% Reduced -203.7k -203,666
10 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,616,4881.6m $58.0m $58.0m 0.02% Reduced -317.8k -317,825
11 Csenge Advisory Group 3.56% of their portfolio CLEARWATER, FL 1,591,3511.6m $57.1m $57.1m 3.56% Added +40.8k +40,814
12 Cetera Advisors LLC 0.74% of their portfolio DENVER, CO 1,494,0801.5m $53.6m $53.6m 0.74% Added +30.4k +30,404
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 1,354,3481.4m $48.6m $48.6m 0.05% Reduced -77.7k -77,660
14 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 1,287,4031.3m $46.2m $46.2m 0.03% Reduced -278.1k -278,064
15 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 1,255,5991.3m $45.1m $45.1m 0.06% Reduced -166.1k -166,102
16 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 1,228,9141.2m $44.1m $44.1m 0.02% Reduced -166.2k -166,179
17 Kowal Investment Group, LLC 9.01% of their portfolio BROOKFIELD, WI 1,075,8381.1m $38.6m $38.6m 9.01% Reduced -4.4k -4,367
18 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 1,040,9121.0m $37.3m $37.3m 0.07% Reduced -53.6k -53,558
19 TRUE Private Wealth Advisors 4.40% of their portfolio Salem, OR 968,116968.1k $34.7m $34.7m 4.40% Added +75.8k +75,840
20 Summit Financial Wealth Advisors, LLC 5.85% of their portfolio Lafayette, LA 718,313718.3k $25.8m $25.8m 5.85% Reduced -33.8k -33,790
21 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 686,946686.9k $24.6m $24.6m 0.11% Reduced -344.4k -344,409
22 Cetera Advisor Networks LLC 0.13% of their portfolio EL SEGUNDO, CA 636,141636.1k $22.8m $22.8m 0.13% Reduced -75.9k -75,904
23 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 602,552602.6k $21.6m $21.6m 0.03% Reduced -104.9k -104,908
24 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 579,511579.5k $20.8m $20.8m 0.07% Reduced -35.6k -35,588
25 STEPHENS INC /AR/ 0.34% of their portfolio LITTLE ROCK, AR 550,885550.9k $19.8m $19.8m 0.34% Reduced -641.7k -641,691
26 BEACON FINANCIAL GROUP 2.33% of their portfolio DALLAS, TX 531,757531.8k $19.1m $19.1m 2.33% Reduced -3.0k -3,040
27 Private Advisor Group, LLC 0.14% of their portfolio MORRISTOWN, NJ 519,014519.0k $18.6m $18.6m 0.14% Added +36.5k +36,493
28 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 457,709457.7k $16.4m $16.4m 0.03% Added +93.8k +93,849
29 Southland Equity Partners LLC 4.51% of their portfolio WILDWOOD, MO 401,818401.8k $14.4m $14.4m 4.51% Reduced -5.9k -5,923
30 ICA Group Wealth Management, LLC 3.10% of their portfolio DENVER, CO 387,005387.0k $13.9m $13.9m 3.10% Added +111.9k +111,924
31 Kestra Advisory Services, LLC 0.10% of their portfolio AUSTIN, TX 336,321336.3k $12.1m $12.1m 0.10% Added +26.7k +26,673
32 AE Wealth Management LLC 0.06% of their portfolio TOPEKA, KS 329,089329.1k $12.0m $12.0m 0.06% Reduced -80.4k -80,445
33 Prospera Financial Services Inc 0.38% of their portfolio Dallas, TX 320,419320.4k $11.5m $11.5m 0.38% Reduced -180.1k -180,110
34 HC Advisors, LLC 5.96% of their portfolio SANDY SPRINGS, GA 296,799296.8k $10.6m $10.6m 5.96% Reduced -8.3k -8,322
35 Sterling Manor Financial, LLC 8.74% of their portfolio Saratoga Springs, NY 287,712287.7k $10.3m $10.3m 8.74% Reduced -53.8k -53,832
36 HARBOUR INVESTMENTS, INC. 0.42% of their portfolio MADISON, WI 283,338283.3k $10.2m $10.2m 0.42% Reduced -6.6k -6,634
37 Elevated Capital Advisors, LLC 3.04% of their portfolio SANDY, UT 270,822270.8k $9.7m $9.7m 3.04% Reduced -101 -101
38 Spectrum Wealth Advisory Group, LLC 11.57% of their portfolio GRANITE BAY, CA 261,300261.3k $9.4m $9.4m 11.57% Added +2.2k +2,160
39 AVANTAX ADVISORY SERVICES, INC. 0.09% of their portfolio DALLAS, TX 261,143261.1k $9.4m $9.4m 0.09% Reduced -15.9k -15,859
40 Steward Partners Investment Advisory, LLC 0.12% of their portfolio STAMFORD, CT 239,679239.7k $8.6m $8.6m 0.12% Reduced -433.7k -433,704
41 D.A. DAVIDSON & CO. 0.08% of their portfolio GREAT FALLS, MT 219,373219.4k $7.9m $7.9m 0.08% Added +25.2k +25,159
42 Financial Advocates Investment Management 0.49% of their portfolio OLYMPIA, WA 208,027208.0k $7.5m $7.5m 0.49% Reduced -2.2k -2,245
43 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 192,537192.5k $6.9m $6.9m 0.01% Reduced -8.4k -8,361
44 Allworth Financial LP 0.05% of their portfolio FOLSOM, CA 189,980190.0k $6.8m $6.8m 0.05% Reduced -24.1k -24,068
45 Salomon & Ludwin, LLC 0.65% of their portfolio RICHMOND, VA 187,535187.5k $6.3m $6.3m 0.65% Unchanged
46 Key Client Fiduciary Advisors, LLC 3.82% of their portfolio Fairfield, NJ 182,853182.9k $6.6m $6.6m 3.82% Reduced -4.0k -4,031
47 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 181,476181.5k $6.5m $6.5m 0.02% Added +56.8k +56,780
48 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 179,662179.7k $6.4m $6.4m 0.05% Reduced -2.2m -2,166,792
49 Bulltick Wealth Management, LLC 1.43% of their portfolio Miami, FL 174,425174.4k $6.3m $6.3m 1.43% Reduced -5.0k -4,985
50 Alpha Omega Group, Inc. 10.21% of their portfolio RESTON, VA 162,390162.4k $5.8m $5.8m 10.21% Reduced -6.5k -6,492
51 COZAD ASSET MANAGEMENT INC 0.66% of their portfolio CHAMPAIGN, IL 159,825159.8k $5.7m $5.7m 0.66% Reduced -23.5k -23,486
52 JFS WEALTH ADVISORS, LLC 0.48% of their portfolio HERMITAGE, PA 158,803158.8k $5.7m $5.7m 0.48% Reduced -383 -383
53 Leelyn Smith, LLC 1.22% of their portfolio GENEVA, IL 155,490155.5k $5.6m $5.6m 1.22% Reduced -10.2k -10,239
54 AIFG Consultants Ltd. 4.16% of their portfolio HALFMOON, NY 152,487152.5k $5.5m $5.5m 4.16% Reduced -182.1k -182,084
55 Advisory Alpha, LLC 0.25% of their portfolio HOLLAND, MI 152,128152.1k $5.5m $5.5m 0.25% Added +6.5k +6,529
56 Mach-1 Financial Group, LLC 2.04% of their portfolio Rogers, AR 149,395149.4k $5.4m $5.4m 2.04% Reduced -38.8k -38,827
57 Harvest Investment Services, LLC 2.40% of their portfolio Oakbrook Terrace, IL 145,575145.6k $5.2m $5.2m 2.40% Added +746 +746
58 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 144,550144.6k $5.2m $5.2m 0.02% Reduced -16.3k -16,320
59 PCG Wealth Advisors, LLC 2.85% of their portfolio OVERLAND PARK, KS 142,428142.4k $5.1m $5.1m 2.85% Reduced -18.2k -18,245
60 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 140,487140.5k $5.0m $5.0m 0.05% Reduced -36.9k -36,850
61 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 138,263138.3k $5.0m $5.0m 0.02% Reduced -54.8k -54,792
62 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 136,285136.3k $4.9m $4.9m 0.02% Reduced -2.0k -2,023
63 Integrated Wealth Concepts LLC 0.08% of their portfolio WALTHAM, MA 130,855130.9k $4.7m $4.7m 0.08% Reduced -202.5k -202,455
64 Atria Wealth Solutions, Inc. 0.06% of their portfolio NEW YORK, NY 130,445130.4k $4.7m $4.7m 0.06% Reduced -63.5k -63,505
65 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.59% of their portfolio ORLANDO, FL 129,523129.5k $4.6m $4.6m 0.59% Added +20.3k +20,271
66 Atria Investments, Inc 0.07% of their portfolio Charlotte, NC 119,971120.0k $4.3m $4.3m 0.07% Reduced -48.6k -48,564
67 WORLD EQUITY GROUP, INC. 0.85% of their portfolio SCHAUMBURG, IL 116,680116.7k $4.2m $4.2m 0.85% Reduced -227 -227
68 HFG Advisors, Inc. 4.02% of their portfolio CINCINATTI, OH 116,292116.3k $4.2m $4.2m 4.02% Reduced -2.9k -2,871
69 Advisor Resource Council 0.48% of their portfolio DALLAS, TX 116,104116.1k $4.2m $4.2m 0.48% Added +92.4k +92,444
70 Bluespring Wealth Management, LLC 0.49% of their portfolio AUSTIN, TX 115,061115.1k $4.1m $4.1m 0.49% Reduced -3.1k -3,124
71 Concurrent Investment Advisors, LLC 0.19% of their portfolio Tampa, FL 114,073114.1k $4.1m $4.1m 0.19% First filing
72 WETZEL INVESTMENT ADVISORS, INC. 2.50% of their portfolio INDIANAPOLIS, IN 113,293113.3k $4.1m $4.1m 2.50% First filing
73 BlueChip Wealth Advisors LLC 2.76% of their portfolio Milton, GA 109,614109.6k $3.9m $3.9m 2.76% First filing
74 GDS Wealth Management 0.52% of their portfolio FLOWER MOUND, TX 106,595106.6k $3.8m $3.8m 0.52% Reduced -24.4k -24,443
75 Crumly & Associates Inc. 1.11% of their portfolio SPRINGFIELD, IL 106,005106.0k $3.8m $3.8m 1.11% Reduced -32.1k -32,135
76 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 103,950104.0k $3.8m $3.8m 0.04% Reduced -18.3k -18,269
77 Orion Portfolio Solutions, LLC 0.04% of their portfolio Omaha, NE 103,950104.0k $3.8m $3.8m 0.04% Reduced -18.3k -18,269
78 KESTRA PRIVATE WEALTH SERVICES, LLC 0.09% of their portfolio AUSTIN, TX 99,85799.9k $3.6m $3.6m 0.09% Added +28.7k +28,722
79 Rehmann Capital Advisory Group 0.29% of their portfolio LANSING, MI 99,11799.1k $3.6m $3.6m 0.29% Added +4.9k +4,897
80 Next Level Private LLC 1.97% of their portfolio HARRISON, NY 96,90196.9k $3.5m $3.5m 1.97% Reduced -3.6k -3,553
81 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 96,56796.6k $3.5m $3.5m 0.04% Reduced -30.9k -30,941
82 Teamwork Financial Advisors, LLC 0.59% of their portfolio San Antonio, TX 95,02295.0k $3.4m $3.4m 0.59% Reduced -17.8k -17,849
83 Bensler, LLC 0.55% of their portfolio Bellevue, WA 92,99993.0k $3.3m $3.3m 0.55% Added +9.5k +9,548
84 Ergawealth Advisors, Inc. 2.04% of their portfolio OAK BROOK, IL 92,25292.3k $3.3m $3.3m 2.04% Reduced -43.7k -43,675
85 MANCHESTER FINANCIAL INC 0.91% of their portfolio Westlake Village, CA 90,58990.6k $3.3m $3.3m 0.91% Reduced -5.5k -5,500
86 Kure Advisory, LLC 1.68% of their portfolio PLYMOUTH, MN 90,09990.1k $3.2m $3.2m 1.68% Added +3.5k +3,521
87 Snowden Capital Advisors LLC 0.12% of their portfolio New York, NY 89,46689.5k $3.2m $3.2m 0.12% Added +43.4k +43,369
88 HRT FINANCIAL LP 0.02% of their portfolio NEW YORK, NY 88,78388.8k $3.2m $3.2m 0.02% Reduced -69.8k -69,837
89 CREATIVE FINANCIAL DESIGNS INC /ADV 0.31% of their portfolio KOKOMO, IN 86,38186.4k $3.1m $3.1m 0.31% Reduced -5.7k -5,718
90 BENJAMIN F. EDWARDS & COMPANY, INC. 0.06% of their portfolio ST. LOUIS, MO 84,82584.8k $3.0m $3.0m 0.06% Reduced -5.4k -5,442
91 Randall & Associates Wealth Management 2.96% of their portfolio BUTLER, PA 84,48484.5k $3.0m $3.0m 2.96% First filing
92 Mariner, LLC 0.01% of their portfolio Overland Park, KS 83,58783.6k $3.0m $3.0m 0.01% Reduced -121.1k -121,147
93 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 82,53282.5k $3.0m $3.0m 0.00% Added +38.4k +38,353
94 Stratos Wealth Partners, LTD. 0.05% of their portfolio BEACHWOOD, OH 81,30681.3k $2.9m $2.9m 0.05% Added +7.4k +7,362
95 COMERICA BANK 0.01% of their portfolio DALLAS, TX 79,31279.3k $2.8m $2.8m 0.01% Reduced -3.7k -3,746
96 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 78,77478.8k $2.8m $2.8m 0.01% Added +134 +134
97 PRINCIPAL SECURITIES, INC. 0.10% of their portfolio DES MOINES, IA 78,06678.1k $2.8m $2.8m 0.10% First filing
98 Hobart Private Capital, LLC 0.92% of their portfolio CHARLOTTE, NC 77,04777.0k $2.8m $2.8m 0.92% New
99 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.25% of their portfolio CEDAR RAPIDS, IA 75,37075.4k $2.7m $2.7m 0.25% Reduced -1.9k -1,875
100 Total Clarity Wealth Management, Inc. 1.10% of their portfolio ST. CHARLES, IL 75,10475.1k $2.7m $2.7m 1.10% Reduced -350 -350