Vault-13

FIRST TR MORNINGSTAR DIVID L FDL

SHS · ETP · CUSIP 336917109

363 institutional holders -1 vs Q4 2023
72,236,37772.2m shares reported held*
$2.8bnreported value*
33 new 115 added 152 reduced 30 sold out net bought ≈ $35.7m (+952.6k 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 ($312.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.46. Options: 2 managers hold calls ($3.0k notional), 1 hold puts ($0).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 291Q4 22: 358Q1 23: 359Q2 23: 348Q3 23: 350Q4 23: 364Q1 24: 363363Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022291
Q4 2022358
Q1 2023359
Q2 2023348
Q3 2023350
Q4 2023364
Q1 2024363

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 23Q1 24: 148 bought or addedQ1 24: 182 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 202223979
Q1 2023199125
Q2 2023148173
Q3 2023121196
Q4 2023114206
Q1 2024148182

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ2 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 0.00Q1 24 calls: $3.0kQ1 24 puts: $0Q1 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2023$34.0k$1.0m29.45
Q3 2023$13.0k$00.00
Q4 2023$21.0k$00.00
Q1 2024$3.0k$00.00

Biggest buyers

MORGAN STANLEY Added +6,572,465+6.6m
Cetera Investment Advisers Added +1,898,023+1.9m
BANK HAPOALIM BM New +348,000+348.0k
Lloyd Advisory Services, LLC. New +274,632+274.6k
Retireful, LLC New +144,458+144.5k
TRUE Private Wealth Advisors Added +140,840+140.8k
JPMORGAN CHASE & CO Added +117,428+117.4k
D. E. Shaw & Co., Inc. Added +101,770+101.8k
RENAISSANCE TECHNOLOGIES LLC New +91,300+91.3k
TOWNSQUARE CAPITAL LLC Added +50,354+50.4k

Biggest sellers

UBS Group AG Sold out -1,616,488-1.6m
Cetera Advisors LLC Sold out -1,494,080-1.5m
AMERIPRISE FINANCIAL INC Reduced -1,018,254-1.0m
Cetera Advisor Networks LLC Sold out -636,141-636.1k
Summit Financial Wealth Advisors, LLC Reduced -507,619-507.6k
WELLS FARGO & COMPANY/MN Reduced -478,039-478.0k
LPL Financial LLC Reduced -436,097-436.1k
Sterling Manor Financial, LLC Sold out -287,712-287.7k
OSAIC HOLDINGS, INC. Reduced -267,321-267.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -219,703-219.7k

Biggest calls

SIMPLEX TRADING, LLC Reduced $3.0k100 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 19,899,41119.9m $765.7m $765.7m 0.02% Added +6.6m +6,572,465
2 LPL Financial LLC 0.17% of their portfolio FORT MILL, SC 8,258,5778.3m $317.8m $317.8m 0.17% Reduced -436.1k -436,097
3 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,339,7252.3m $90.0m $90.0m 0.02% Reduced -478.0k -478,039
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,302,9722.3m $88.6m $88.6m 0.00% Added +117.4k +117,428
5 Cetera Investment Advisers 0.19% of their portfolio SCHAUMBURG, IL 2,077,6852.1m $79.9m $79.9m 0.19% Added +1.9m +1,898,023
6 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,810,0831.8m $69.7m $69.7m 0.02% Reduced -1.0m -1,018,254
7 Raymond James Financial Services Advisors, Inc. 0.10% of their portfolio ST. PETERSBURG, FL 1,773,3221.8m $68.2m $68.2m 0.10% Reduced -141.8k -141,819
8 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,727,2511.7m $66.5m $66.5m 0.02% Reduced -26.9k -26,852
9 OSAIC HOLDINGS, INC. 0.15% of their portfolio SCOTTSDALE, AZ 1,725,8181.7m $66.4m $66.4m 0.15% Reduced -267.3k -267,321
10 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,691,2031.7m $65.1m $65.1m 0.01% Reduced -109.1k -109,146
11 Csenge Advisory Group 3.54% of their portfolio CLEARWATER, FL 1,641,1031.6m $63.1m $63.1m 3.54% Added +49.8k +49,752
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,395,5831.4m $53.7m $53.7m 0.06% Added +41.2k +41,235
13 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 1,261,3021.3m $48.5m $48.5m 0.06% Added +5.7k +5,703
14 TRUE Private Wealth Advisors 4.89% of their portfolio Salem, OR 1,108,9561.1m $42.7m $42.7m 4.89% Added +140.8k +140,840
15 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 1,084,5471.1m $41.7m $41.7m 0.03% Reduced -202.9k -202,856
16 Kowal Investment Group, LLC 8.94% of their portfolio BROOKFIELD, WI 1,075,5571.1m $41.4m $41.4m 8.94% Reduced -281 -281
17 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,009,2111.0m $38.8m $38.8m 0.01% Reduced -219.7k -219,703
18 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 840,843840.8k $32.4m $32.4m 0.05% Reduced -200.1k -200,069
19 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 729,142729.1k $28.1m $28.1m 0.11% Added +42.2k +42,196
20 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 585,285585.3k $22.5m $22.5m 0.03% Reduced -17.3k -17,267
21 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 570,275570.3k $21.9m $21.9m 0.07% Reduced -9.2k -9,236
22 Private Advisor Group, LLC 0.15% of their portfolio MORRISTOWN, NJ 540,210540.2k $20.8m $20.8m 0.15% Added +21.2k +21,196
23 BEACON FINANCIAL GROUP 2.34% of their portfolio DALLAS, TX 529,942529.9k $20.4m $20.4m 2.34% Reduced -1.8k -1,815
24 STEPHENS INC /AR/ 0.32% of their portfolio LITTLE ROCK, AR 528,147528.1k $20.3m $20.3m 0.32% Reduced -22.7k -22,738
25 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 457,739457.7k $17.6m $17.6m 0.03% Added +30 +30
26 Southland Equity Partners LLC 4.39% of their portfolio WILDWOOD, MO 406,498406.5k $15.6m $15.6m 4.39% Added +4.7k +4,680
27 ICA Group Wealth Management, LLC 3.03% of their portfolio DENVER, CO 393,072393.1k $15.1m $15.1m 3.03% Added +6.1k +6,067
28 BANK HAPOALIM BM 1.73% of their portfolio TEL AVIV, L3 348,000348.0k $13.4m $13.4m 1.73% New
29 HC Advisors, LLC 6.26% of their portfolio SANDY SPRINGS, GA 341,439341.4k $13.1m $13.1m 6.26% Added +44.6k +44,640
30 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 335,231335.2k $12.9m $12.9m 0.09% Reduced -1.1k -1,090
31 Prospera Financial Services Inc 0.38% of their portfolio Dallas, TX 331,705331.7k $12.8m $12.8m 0.38% Added +11.3k +11,286
32 HARBOUR INVESTMENTS, INC. 0.39% of their portfolio MADISON, WI 285,889285.9k $11.0m $11.0m 0.39% Added +2.6k +2,551
33 Elevated Capital Advisors, LLC 3.12% of their portfolio SANDY, UT 283,232283.2k $10.9m $10.9m 3.12% Added +12.4k +12,410
34 Lloyd Advisory Services, LLC. 2.25% of their portfolio SUWANEE, GA 274,632274.6k $10.6m $10.6m 2.25% New
35 AVANTAX ADVISORY SERVICES, INC. 0.09% of their portfolio DALLAS, TX 273,941273.9k $10.5m $10.5m 0.09% Added +12.8k +12,798
36 Spectrum Wealth Advisory Group, LLC 11.78% of their portfolio GRANITE BAY, CA 266,043266.0k $10.2m $10.2m 11.78% Added +4.7k +4,743
37 Steward Partners Investment Advisory, LLC 0.10% of their portfolio STAMFORD, CT 232,036232.0k $8.9m $8.9m 0.10% Reduced -7.6k -7,643
38 D.A. DAVIDSON & CO. 0.08% of their portfolio GREAT FALLS, MT 218,950218.9k $8.4m $8.4m 0.08% Reduced -423 -423
39 Summit Financial Wealth Advisors, LLC 1.64% of their portfolio Lafayette, LA 210,694210.7k $8.1m $8.1m 1.64% Reduced -507.6k -507,619
40 AE Wealth Management LLC 0.08% of their portfolio TOPEKA, KS 186,925186.9k $7.2m $7.2m 0.08% Reduced -142.2k -142,164
41 Allworth Financial LP 0.05% of their portfolio FOLSOM, CA 186,588186.6k $7.2m $7.2m 0.05% Reduced -3.4k -3,392
42 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 184,011184.0k $7.1m $7.1m 0.02% Added +2.5k +2,535
43 Key Client Fiduciary Advisors, LLC 3.74% of their portfolio Fairfield, NJ 183,262183.3k $7.1m $7.1m 3.74% Added +409 +409
44 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 180,018180.0k $6.9m $6.9m 0.01% Reduced -12.5k -12,519
45 Salomon & Ludwin, LLC 0.57% of their portfolio RICHMOND, VA 173,691173.7k $6.7m $6.7m 0.57% Reduced -13.8k -13,844
46 Advisory Alpha, LLC 0.25% of their portfolio HOLLAND, MI 161,021161.0k $6.2m $6.2m 0.25% Added +8.9k +8,893
47 Mach-1 Financial Group, LLC 4.64% of their portfolio Rogers, AR 158,161158.2k $6.1m $6.1m 4.64% Added +8.8k +8,766
48 Financial Advocates Investment Management 0.35% of their portfolio OLYMPIA, WA 155,859155.9k $6.0m $6.0m 0.35% Reduced -52.2k -52,168
49 Leelyn Smith, LLC 1.20% of their portfolio GENEVA, IL 155,545155.5k $6.0m $6.0m 1.20% Added +55 +55
50 JFS WEALTH ADVISORS, LLC 0.47% of their portfolio HERMITAGE, PA 154,798154.8k $6.0m $6.0m 0.47% Reduced -4.0k -4,005
51 COZAD ASSET MANAGEMENT INC 0.61% of their portfolio CHAMPAIGN, IL 152,272152.3k $5.9m $5.9m 0.61% Reduced -7.6k -7,553
52 AIFG Consultants Ltd. 4.17% of their portfolio HALFMOON, NY 150,187150.2k $5.8m $5.8m 4.17% Reduced -2.3k -2,300
53 Retireful, LLC 2.31% of their portfolio HASLETT, MI 144,458144.5k $5.6m $5.6m 2.31% New
54 Harvest Investment Services, LLC 2.22% of their portfolio Oakbrook Terrace, IL 143,697143.7k $5.5m $5.5m 2.22% Reduced -1.9k -1,878
55 MANCHESTER FINANCIAL INC 1.41% of their portfolio Westlake Village, CA 140,864140.9k $5.4m $5.4m 1.41% Added +50.3k +50,275
56 Integrated Wealth Concepts LLC 0.08% of their portfolio WALTHAM, MA 137,079137.1k $5.3m $5.3m 0.08% Added +6.2k +6,224
57 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 134,654134.7k $5.2m $5.2m 0.05% Reduced -5.8k -5,833
58 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 134,537134.5k $5.2m $5.2m 0.02% Reduced -3.7k -3,726
59 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.53% of their portfolio ORLANDO, FL 131,991132.0k $5.1m $5.1m 0.53% Added +2.5k +2,468
60 BlueChip Wealth Advisors LLC 3.17% of their portfolio Milton, GA 127,929127.9k $4.9m $4.9m 3.17% Added +18.3k +18,315
61 HFG Advisors, Inc. 4.12% of their portfolio CINCINATTI, OH 120,625120.6k $4.6m $4.6m 4.12% Added +4.3k +4,333
62 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 119,072119.1k $4.6m $4.6m 0.02% Reduced -17.2k -17,213
63 WETZEL INVESTMENT ADVISORS, INC. 2.51% of their portfolio INDIANAPOLIS, IN 116,412116.4k $4.3m $4.3m 2.51% Added +3.1k +3,119
64 Rehmann Capital Advisory Group 0.33% of their portfolio LANSING, MI 113,776113.8k $4.4m $4.4m 0.33% Added +14.7k +14,659
65 D. E. Shaw & Co., Inc. 0.01% of their portfolio New York, NY 110,936110.9k $4.3m $4.3m 0.01% Added +101.8k +101,770
66 Concurrent Investment Advisors, LLC 0.17% of their portfolio Tampa, FL 107,637107.6k $4.1m $4.1m 0.17% Reduced -6.4k -6,436
67 Hobart Private Capital, LLC 1.26% of their portfolio CHARLOTTE, NC 107,381107.4k $4.1m $4.1m 1.26% Added +30.3k +30,334
68 Atria Wealth Solutions, Inc. 0.05% of their portfolio NEW YORK, NY 106,619106.6k $4.1m $4.1m 0.05% Reduced -23.8k -23,826
69 Equitable Holdings, Inc. 0.05% of their portfolio NEW YORK, NY 106,084106.1k $4.1m $4.1m 0.05% Added +9.5k +9,517
70 Bluespring Wealth Management, LLC 0.44% of their portfolio AUSTIN, TX 103,392103.4k $4.0m $4.0m 0.44% Reduced -11.7k -11,669
71 PCG Wealth Advisors, LLC 1.85% of their portfolio OVERLAND PARK, KS 101,351101.4k $3.9m $3.9m 1.85% Reduced -41.1k -41,077
72 Sigma Planning Corp 0.12% of their portfolio ANN ARBOR, MI 97,80997.8k $3.8m $3.8m 0.12% Added +39.2k +39,190
73 KESTRA PRIVATE WEALTH SERVICES, LLC 0.08% of their portfolio AUSTIN, TX 97,19297.2k $3.7m $3.7m 0.08% Reduced -2.7k -2,665
74 Next Level Private LLC 1.71% of their portfolio HARRISON, NY 96,73196.7k $3.7m $3.7m 1.71% Reduced -170 -170
75 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 91,30091.3k $3.5m $3.5m 0.01% New
76 Randall & Associates Wealth Management 3.17% of their portfolio BUTLER, PA 91,27691.3k $3.5m $3.5m 3.17% Added +6.8k +6,792
77 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 90,41590.4k $3.5m $3.5m 0.04% Reduced -13.5k -13,535
78 Orion Portfolio Solutions, LLC 0.04% of their portfolio Omaha, NE 90,41590.4k $3.5m $3.5m 0.04% Reduced -13.5k -13,535
79 Stratos Wealth Partners, LTD. 0.06% of their portfolio BEACHWOOD, OH 89,18489.2k $3.4m $3.4m 0.06% Added +7.9k +7,878
80 CREATIVE FINANCIAL DESIGNS INC /ADV 0.32% of their portfolio KOKOMO, IN 88,37188.4k $3.4m $3.4m 0.32% Added +2.0k +1,990
81 Mariner, LLC 0.01% of their portfolio Overland Park, KS 88,11788.1k $3.4m $3.4m 0.01% Added +4.5k +4,530
82 Independent Advisor Alliance 0.12% of their portfolio CHARLOTTE, NC 87,67987.7k $3.4m $3.4m 0.12% Added +36.9k +36,936
83 Snowden Capital Advisors LLC 0.10% of their portfolio New York, NY 84,62684.6k $3.3m $3.3m 0.10% Reduced -4.8k -4,840
84 Atria Investments, Inc 0.04% of their portfolio Charlotte, NC 82,66482.7k $3.2m $3.2m 0.04% Reduced -37.3k -37,307
85 GDS Wealth Management 0.36% of their portfolio FLOWER MOUND, TX 80,06580.1k $3.1m $3.1m 0.36% Reduced -26.5k -26,530
86 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 79,08479.1k $3.0m $3.0m 0.01% Added +310 +310
87 COMERICA BANK 0.01% of their portfolio DALLAS, TX 77,79777.8k $3.0m $3.0m 0.01% Reduced -1.5k -1,515
88 Teamwork Financial Advisors, LLC 0.46% of their portfolio San Antonio, TX 77,08477.1k $3.0m $3.0m 0.46% Reduced -17.9k -17,938
89 BENJAMIN F. EDWARDS & COMPANY, INC. 0.05% of their portfolio ST. LOUIS, MO 75,93975.9k $2.9m $2.9m 0.05% Reduced -8.9k -8,886
90 Total Clarity Wealth Management, Inc. 1.01% of their portfolio ST. CHARLES, IL 75,12975.1k $2.9m $2.9m 1.01% Added +25 +25
91 B. Riley Wealth Advisors, Inc. 0.07% of their portfolio MEMPHIS, TN 75,03775.0k $2.5m $2.5m 0.07% Added +6.5k +6,459
92 Investors Research Corp 0.67% of their portfolio ATLANTA, GA 74,13274.1k $2.9m $2.9m 0.67% Added +4.7k +4,736
93 Foundations Investment Advisors, LLC 0.07% of their portfolio PHOENIX, AZ 73,46373.5k $2.8m $2.8m 0.07% Added +1.1k +1,072
94 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 73,42073.4k $2.8m $2.8m 0.00% Added +346 +346
95 WORLD EQUITY GROUP, INC. 0.58% of their portfolio SCHAUMBURG, IL 73,33373.3k $2.8m $2.8m 0.58% Reduced -43.3k -43,347
96 OneDigital Investment Advisors LLC 0.04% of their portfolio OVERLAND PARK, KS 73,14473.1k $2.8m $2.8m 0.04% Added +6.6k +6,625
97 ROI Financial Advisors, LLC 2.17% of their portfolio Beaverton, OR 71,71071.7k $2.8m $2.8m 2.17% Reduced -2.3k -2,289
98 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 71,34271.3k $2.7m $2.7m 0.01% Reduced -73.2k -73,208
99 Virtu Financial LLC 0.20% of their portfolio New York, NY 67,46867.5k $2.6m $2.6m 0.20% Added +7.9k +7,880
100 Cedrus LLC 1.38% of their portfolio Littleton, CO 65,81765.8k $2.5m $2.5m 1.38% Added +6.4k +6,358