Vault-13

FIRST TR MORNINGSTAR DIVID L FDL

SHS · ETP · CUSIP 336917109

355 institutional holders -8 vs Q1 2024
57,450,76357.5m shares reported held*
$2.2bnreported value*
29 new 104 added 152 reduced 37 sold out net sold ≈ $563.6m (-14.7m 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 ≈ $37.82. Options: 3 managers hold calls ($33.3k notional), 1 hold puts ($0).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 291Q4 22: 358Q1 23: 359Q2 23: 348Q3 23: 350Q4 23: 364Q1 24: 363Q2 24: 355355Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022291
Q4 2022358
Q1 2023359
Q2 2023348
Q3 2023350
Q4 2023364
Q1 2024363
Q2 2024355

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 outQ2 23: 148 bought or addedQ2 23: 173 cut or sold outQ2 23Q3 23: 121 bought or addedQ3 23: 196 cut or sold outQ4 23: 114 bought or addedQ4 23: 206 cut or sold outQ4 23Q1 24: 148 bought or addedQ1 24: 182 cut or sold outQ2 24: 133 bought or addedQ2 24: 189 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 202223979
Q1 2023199125
Q2 2023148173
Q3 2023121196
Q4 2023114206
Q1 2024148182
Q2 2024133189

Calls vs puts

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

CallsPuts
$0$10k$20k$30k$40kQ3 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 0.00Q2 24 calls: $33.3kQ2 24 puts: $0Q2 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2023$13.0k$00.00
Q4 2023$21.0k$00.00
Q1 2024$3.0k$00.00
Q2 2024$33.3k$00.00

Biggest buyers

UBS Group AG New +1,773,137+1.8m
AMERIPRISE FINANCIAL INC Added +530,161+530.2k
First Heartland Consultants, Inc. Added +185,470+185.5k
Raymond James Financial Services Advisors, Inc. Added +167,698+167.7k
Strategic Financial Concepts, LLC Added +155,103+155.1k
Next Level Private LLC Added +128,548+128.5k
GTS SECURITIES LLC New +108,545+108.5k
Csenge Advisory Group Added +99,653+99.7k
GOLDMAN SACHS GROUP INC Added +87,120+87.1k
COMMONWEALTH EQUITY SERVICES, LLC Added +58,778+58.8k

Biggest sellers

MORGAN STANLEY Reduced -13,363,151-13.4m
OSAIC HOLDINGS, INC. Reduced -428,470-428.5k
JPMORGAN CHASE & CO Reduced -412,770-412.8k
LPL Financial LLC Reduced -370,398-370.4k
Cetera Investment Advisers Reduced -319,914-319.9k
Lloyd Advisory Services, LLC. Sold out -274,632-274.6k
STIFEL FINANCIAL CORP Reduced -246,684-246.7k
ICA Group Wealth Management, LLC Reduced -223,838-223.8k
Kowal Investment Group, LLC Reduced -217,941-217.9k
Elevated Capital Advisors, LLC Reduced -162,030-162.0k

Biggest calls

Belvedere Trading LLC New $30.3k800 shares
SIMPLEX TRADING, LLC Unchanged $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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.15% of their portfolio FORT MILL, SC 7,888,1797.9m $299.2m $299.2m 0.15% Reduced -370.4k -370,398
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 6,536,2606.5m $247.9m $247.9m 0.02% Reduced -13.4m -13,363,151
3 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 2,340,2442.3m $88.8m $88.8m 0.02% Added +530.2k +530,161
4 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,273,4792.3m $86.2m $86.2m 0.02% Reduced -66.2k -66,246
5 Raymond James Financial Services Advisors, Inc. 0.10% of their portfolio ST. PETERSBURG, FL 1,941,0201.9m $73.6m $73.6m 0.10% Added +167.7k +167,698
6 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,890,2021.9m $71.7m $71.7m 0.00% Reduced -412.8k -412,770
7 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,773,1371.8m $67.3m $67.3m 0.02% New
8 Cetera Investment Advisers 0.15% of their portfolio SCHAUMBURG, IL 1,757,7711.8m $66.7m $66.7m 0.15% Reduced -319.9k -319,914
9 Csenge Advisory Group 3.75% of their portfolio CLEARWATER, FL 1,740,7561.7m $66.0m $66.0m 3.75% Added +99.7k +99,653
10 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,732,3431.7m $65.7m $65.7m 0.01% Added +41.1k +41,140
11 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,604,8241.6m $60.9m $60.9m 0.01% Reduced -122.4k -122,427
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 1,447,8861.4m $54.9m $54.9m 0.05% Added +52.3k +52,303
13 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 1,297,3481.3m $49.2m $49.2m 0.12% Reduced -428.5k -428,470
14 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 1,057,9841.1m $40.1m $40.1m 0.03% Reduced -26.6k -26,563
15 TRUE Private Wealth Advisors 4.47% of their portfolio Salem, OR 1,041,2351.0m $39.5m $39.5m 4.47% Reduced -67.7k -67,721
16 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 1,014,6181.0m $38.5m $38.5m 0.04% Reduced -246.7k -246,684
17 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 992,531992.5k $37.6m $37.6m 0.01% Reduced -16.7k -16,680
18 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 899,621899.6k $34.1m $34.1m 0.05% Added +58.8k +58,778
19 Kowal Investment Group, LLC 6.49% of their portfolio BROOKFIELD, WI 857,616857.6k $32.5m $32.5m 6.49% Reduced -217.9k -217,941
20 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 671,391671.4k $25.5m $25.5m 0.09% Reduced -57.8k -57,751
21 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 562,818562.8k $21.3m $21.3m 0.07% Reduced -7.5k -7,457
22 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 549,205549.2k $20.8m $20.8m 0.03% Reduced -36.1k -36,080
23 BEACON FINANCIAL GROUP 2.29% of their portfolio DALLAS, TX 529,942529.9k $20.1m $20.1m 2.29% Unchanged
24 STEPHENS INC /AR/ 0.30% of their portfolio LITTLE ROCK, AR 516,912516.9k $19.6m $19.6m 0.30% Reduced -11.2k -11,235
25 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 437,401437.4k $16.6m $16.6m 0.03% Reduced -20.3k -20,338
26 Southland Equity Partners LLC 4.66% of their portfolio WILDWOOD, MO 430,386430.4k $16.3m $16.3m 4.66% Added +23.9k +23,888
27 Private Advisor Group, LLC 0.11% of their portfolio MORRISTOWN, NJ 421,073421.1k $16.0m $16.0m 0.11% Reduced -119.1k -119,137
28 BANK HAPOALIM BM 1.87% of their portfolio TEL AVIV, L3 348,000348.0k $13.2m $13.2m 1.87% Unchanged
29 Kestra Advisory Services, LLC 0.07% of their portfolio AUSTIN, TX 344,256344.3k $12.0m $12.0m 0.07% Added +9.0k +9,025
30 HC Advisors, LLC 11.97% of their portfolio SANDY SPRINGS, GA 342,069342.1k $13.0m $13.0m 11.97% Added +630 +630
31 Spectrum Wealth Advisory Group, LLC 11.38% of their portfolio GRANITE BAY, CA 280,641280.6k $10.6m $10.6m 11.38% Added +14.6k +14,598
32 HARBOUR INVESTMENTS, INC. 0.35% of their portfolio MADISON, WI 270,961271.0k $10.3m $10.3m 0.35% Reduced -14.9k -14,928
33 First Heartland Consultants, Inc. 0.90% of their portfolio LAKE ST. LOUIS, MO 238,741238.7k $9.1m $9.1m 0.90% Added +185.5k +185,470
34 Steward Partners Investment Advisory, LLC 0.09% of their portfolio STAMFORD, CT 232,428232.4k $8.8m $8.8m 0.09% Added +392 +392
35 Next Level Private LLC 3.91% of their portfolio HARRISON, NY 225,279225.3k $8.5m $8.5m 3.91% Added +128.5k +128,548
36 D.A. DAVIDSON & CO. 0.07% of their portfolio GREAT FALLS, MT 221,565221.6k $8.4m $8.4m 0.07% Added +2.6k +2,615
37 AVANTAX ADVISORY SERVICES, INC. 0.06% of their portfolio DALLAS, TX 210,967211.0k $8.0m $8.0m 0.06% Reduced -63.0k -62,974
38 Summit Financial Wealth Advisors, LLC 1.57% of their portfolio Lafayette, LA 204,208204.2k $7.7m $7.7m 1.57% Reduced -6.5k -6,486
39 Prospera Financial Services Inc 0.20% of their portfolio Dallas, TX 192,535192.5k $7.3m $7.3m 0.20% Reduced -139.2k -139,170
40 Allworth Financial LP 0.05% of their portfolio FOLSOM, CA 185,995186.0k $7.4m $7.4m 0.05% Reduced -593 -593
41 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 182,792182.8k $6.9m $6.9m 0.01% Added +2.8k +2,774
42 Key Client Fiduciary Advisors, LLC 3.48% of their portfolio Fairfield, NJ 181,566181.6k $6.9m $6.9m 3.48% Reduced -1.7k -1,696
43 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 171,847171.8k $6.5m $6.5m 0.02% Reduced -12.2k -12,164
44 ICA Group Wealth Management, LLC 3.85% of their portfolio DENVER, CO 169,234169.2k $6.4m $6.4m 3.85% Reduced -223.8k -223,838
45 Mach-1 Financial Group, LLC 4.51% of their portfolio Rogers, AR 168,344168.3k $6.4m $6.4m 4.51% Added +10.2k +10,183
46 MANCHESTER FINANCIAL INC 1.55% of their portfolio Westlake Village, CA 165,862165.9k $6.3m $6.3m 1.55% Added +25.0k +24,998
47 Strategic Financial Concepts, LLC 0.12% of their portfolio SAN ANTONIO, TX 164,030164.0k $205.7k $205.7k 0.12% Added +155.1k +155,103
48 BlueChip Wealth Advisors LLC 3.51% of their portfolio Milton, GA 157,270157.3k $6.0m $6.0m 3.51% Added +29.3k +29,341
49 JFS WEALTH ADVISORS, LLC 0.46% of their portfolio HERMITAGE, PA 155,262155.3k $5.9m $5.9m 0.46% Added +464 +464
50 Leelyn Smith, LLC 1.13% of their portfolio GENEVA, IL 153,663153.7k $5.8m $5.8m 1.13% Reduced -1.9k -1,882
51 Hobart Private Capital, LLC 1.61% of their portfolio CHARLOTTE, NC 149,440149.4k $5.7m $5.7m 1.61% Added +42.1k +42,059
52 COZAD ASSET MANAGEMENT INC 0.56% of their portfolio CHAMPAIGN, IL 149,179149.2k $5.7m $5.7m 0.56% Reduced -3.1k -3,093
53 Harvest Investment Services, LLC 2.16% of their portfolio Oakbrook Terrace, IL 143,725143.7k $5.5m $5.5m 2.16% Added +28 +28
54 AIFG Consultants Ltd. 3.83% of their portfolio HALFMOON, NY 135,965136.0k $5.2m $5.2m 3.83% Reduced -14.2k -14,222
55 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 130,070130.1k $4.9m $4.9m 0.02% Reduced -4.5k -4,467
56 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.46% of their portfolio ORLANDO, FL 129,382129.4k $4.9m $4.9m 0.46% Reduced -2.6k -2,609
57 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 124,316124.3k $4.7m $4.7m 0.03% Reduced -10.3k -10,338
58 Rehmann Capital Advisory Group 0.34% of their portfolio LANSING, MI 124,114124.1k $4.7m $4.7m 0.34% Added +10.3k +10,338
59 WORLD EQUITY GROUP, INC. 1.40% of their portfolio SCHAUMBURG, IL 123,534123.5k $4.7m $4.7m 1.40% Added +50.2k +50,201
60 Elevated Capital Advisors, LLC 1.29% of their portfolio SANDY, UT 121,202121.2k $4.6m $4.6m 1.29% Reduced -162.0k -162,030
61 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 120,190120.2k $4.6m $4.6m 0.06% Reduced -16.9k -16,889
62 HFG Advisors, Inc. 4.17% of their portfolio CINCINATTI, OH 117,869117.9k $4.5m $4.5m 4.17% Reduced -2.8k -2,756
63 WETZEL INVESTMENT ADVISORS, INC. 2.57% of their portfolio INDIANAPOLIS, IN 116,603116.6k $4.5m $4.5m 2.57% Added +191 +191
64 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 111,352111.4k $4.2m $4.2m 0.01% Reduced -7.7k -7,720
65 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 108,614108.6k $4.1m $4.1m 0.04% Added +2.5k +2,530
66 GTS SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 108,545108.5k $4.1m $4.1m 0.09% New
67 Concurrent Investment Advisors, LLC 0.13% of their portfolio Tampa, FL 105,394105.4k $4.0m $4.0m 0.13% Reduced -2.2k -2,243
68 KESTRA PRIVATE WEALTH SERVICES, LLC 0.08% of their portfolio AUSTIN, TX 102,525102.5k $3.9m $3.9m 0.08% Added +5.3k +5,333
69 Bluespring Wealth Management, LLC 0.41% of their portfolio AUSTIN, TX 100,299100.3k $3.8m $3.8m 0.41% Reduced -3.1k -3,093
70 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 99,67299.7k $3.8m $3.8m 0.00% Added +87.1k +87,120
71 Stratos Wealth Partners, LTD. 0.06% of their portfolio BEACHWOOD, OH 96,96197.0k $3.7m $3.7m 0.06% Added +7.8k +7,777
72 Salomon & Ludwin, LLC 0.40% of their portfolio RICHMOND, VA 95,78995.8k $3.6m $3.6m 0.40% Reduced -77.9k -77,902
73 Mariner, LLC 0.01% of their portfolio Overland Park, KS 92,63492.6k $3.5m $3.5m 0.01% Added +4.5k +4,517
74 Sigma Planning Corp 0.11% of their portfolio ANN ARBOR, MI 91,76391.8k $3.5m $3.5m 0.11% Reduced -6.0k -6,046
75 Independent Advisor Alliance 0.12% of their portfolio CHARLOTTE, NC 90,39090.4k $3.4m $3.4m 0.12% Added +2.7k +2,711
76 Randall & Associates Wealth Management 3.06% of their portfolio BUTLER, PA 89,68889.7k $3.4m $3.4m 3.06% Reduced -1.6k -1,588
77 Atria Wealth Solutions, Inc. 0.04% of their portfolio NEW YORK, NY 88,84588.8k $3.4m $3.4m 0.04% Reduced -17.8k -17,774
78 B. Riley Wealth Advisors, Inc. 0.08% of their portfolio MEMPHIS, TN 86,64486.6k $3.3m $3.3m 0.08% Added +11.6k +11,607
79 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 84,43784.4k $3.2m $3.2m 0.03% Reduced -6.0k -5,978
80 Orion Portfolio Solutions, LLC 0.03% of their portfolio Omaha, NE 84,43784.4k $3.2m $3.2m 0.03% Reduced -6.0k -5,978
81 PCG Wealth Advisors, LLC 1.37% of their portfolio OVERLAND PARK, KS 82,91282.9k $3.1m $3.1m 1.37% Reduced -18.4k -18,439
82 Investors Research Corp 0.71% of their portfolio ATLANTA, GA 80,06580.1k $3.0m $3.0m 0.71% Added +5.9k +5,933
83 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 79,29179.3k $3.0m $3.0m 0.01% Added +207 +207
84 BENJAMIN F. EDWARDS & COMPANY, INC. 0.05% of their portfolio ST. LOUIS, MO 77,40777.4k $2.9m $2.9m 0.05% Added +1.5k +1,468
85 Total Clarity Wealth Management, Inc. 0.98% of their portfolio ST. CHARLES, IL 74,74274.7k $2.8m $2.8m 0.98% Reduced -387 -387
86 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 72,89172.9k $2.8m $2.8m 0.00% Reduced -529 -529
87 Teamwork Financial Advisors, LLC 0.41% of their portfolio San Antonio, TX 72,79572.8k $2.8m $2.8m 0.41% Reduced -4.3k -4,289
88 Foundations Investment Advisors, LLC 0.07% of their portfolio PHOENIX, AZ 72,43672.4k $2.7m $2.7m 0.07% Reduced -1.0k -1,027
89 ROI Financial Advisors, LLC 1.99% of their portfolio Beaverton, OR 71,51671.5k $2.7m $2.7m 1.99% Reduced -194 -194
90 IHT Wealth Management, LLC 0.10% of their portfolio Chicago, IL 71,19571.2k $2.7m $2.7m 0.10% Added +11.4k +11,401
91 Cedrus LLC 1.34% of their portfolio Littleton, CO 70,77970.8k $2.7m $2.7m 1.34% Added +5.0k +4,962
92 GDS Wealth Management 0.29% of their portfolio FLOWER MOUND, TX 69,95470.0k $2.7m $2.7m 0.29% Reduced -10.1k -10,111
93 OPPENHEIMER & CO INC 0.04% of their portfolio NEW YORK, NY 68,82168.8k $2.6m $2.6m 0.04% Added +6.7k +6,650
94 Vestmark Advisory Solutions, Inc. 0.10% of their portfolio Wakefield, MA 65,29665.3k $2.5m $2.5m 0.10% Added +1.2k +1,209
95 Sargent Investment Group, LLC 0.50% of their portfolio BETHESDA, MD 64,77764.8k $2.5m $2.5m 0.50% Reduced -655 -655
96 COMERICA BANK 0.01% of their portfolio DALLAS, TX 64,02264.0k $2.4m $2.4m 0.01% Reduced -13.8k -13,775
97 J.W. COLE ADVISORS, INC. 0.11% of their portfolio TAMPA, FL 63,35763.4k $2.4m $2.4m 0.11% Added +359 +359
98 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 61,19161.2k $2.3m $2.3m 0.01% Reduced -2.3k -2,331
99 RAYMOND JAMES TRUST N.A. 0.05% of their portfolio ST. PETERSBURG, FL 60,43760.4k $2.3m $2.3m 0.05% Added +333 +333
100 Collaborative Wealth Managment Inc. 1.09% of their portfolio LAKE MARY, FL 59,05959.1k $2.2m $2.2m 1.09% Reduced -3.1k -3,132