FIRST TR MULTI CP VAL ALPHA FAB
SHS ISSUED FRST · ETP · CUSIP 33733C108
59
institutional holders
-9 vs Q1 2023
1.3m
shares reported held*
$92.8mreported value*
3 new
14 added
26 reduced
14 sold out
net sold ≈ $35.0m (-536.1k 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. Holder counts are more reliable. Implied quarter-end price ≈ $70.94. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 56 |
| Q4 2022 | 60 |
| Q1 2023 | 68 |
| Q2 2023 | 59 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 32 | 23 |
| Q1 2023 | 40 | 16 |
| Q2 2023 | 17 | 40 |
Biggest buyers
| OSAIC HOLDINGS, INC. | Added | +62.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +20.3k |
| CITADEL ADVISORS LLC | New | +17.2k |
| Kestra Advisory Services, LLC | New | +4.0k |
| FLOW TRADERS U.S. LLC | New | +3.7k |
| Janney Montgomery Scott LLC | Added | +1.9k |
| Moors & Cabot, Inc. | Added | +1.6k |
| IFP Advisors, Inc | Added | +697 |
| COMMONWEALTH EQUITY SERVICES, LLC | Added | +595 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Added | +380 |
Biggest sellers
| AE Wealth Management LLC | Sold out | -137.7k |
| WELLS FARGO & COMPANY/MN | Reduced | -126.3k |
| LPL Financial LLC | Reduced | -63.3k |
| WORLD EQUITY GROUP, INC. | Sold out | -55.8k |
| MORGAN STANLEY | Reduced | -51.9k |
| Gladstone Institutional Advisory LLC | Sold out | -41.5k |
| Private Advisor Group, LLC | Reduced | -27.5k |
| Baird Financial Group, Inc. | Reduced | -24.1k |
| STIFEL FINANCIAL CORP | Reduced | -20.0k |
| Cambridge Investment Research Advisors, Inc. | Reduced | -15.2k |
Biggest calls
| 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 2023
| Manager | Shares | Change |
|---|---|---|
| Janney Montgomery Scott LLC 0.03% of their portfolio | 132.0k $9.4m | Added +1.9k |
| LPL Financial LLC 0.01% of their portfolio | 119.8k $8.5m | Reduced -63.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 108.1k $7.7m | Reduced -20.0k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 107.2k $7.6m | Added +62.2k |
| MORGAN STANLEY 0.00% of their portfolio | 107.2k $7.6m | Reduced -51.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 78.9k $5.6m | Reduced -7.1k |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.21% of their portfolio | 78.0k $5.5m | Reduced -1.5k |
| Financial Advocates Investment Management 0.31% of their portfolio | 60.3k $4.3m | Reduced -344 |
| D.A. DAVIDSON & CO. 0.04% of their portfolio | 59.7k $4.2m | Reduced -2.2k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 54.5k $3.9m | Reduced -126.3k |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 53.6k $3.8m | Reduced -2.5k |
| 626 Financial, LLC 2.22% of their portfolio | 48.9k $3.5m | Reduced -171 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 37.8k $2.7m | Added +20.3k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 20.5k $1.5m | Added +595 |
| Private Advisor Group, LLC 0.01% of their portfolio | 17.8k $1.3m | Reduced -27.5k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 17.2k $1.2m | New |
| Baird Financial Group, Inc. 0.00% of their portfolio | 16.0k $1.1m | Reduced -24.1k |
| PFG Advisors 0.08% of their portfolio | 15.7k $1.1m | Added +75 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 13.3k $941.0k | Reduced -15.2k |
| Capital Investment Advisory Services, LLC 0.09% of their portfolio | 12.2k $864.1k | Reduced -494 |
| Rockefeller Capital Management L.P. 0.00% of their portfolio | 10.7k $760.2k | First filing |
| UBS Group AG 0.00% of their portfolio | 10.6k $748.9k | Reduced -12.5k |
| FWG Holdings, LLC 0.50% of their portfolio | 10.4k $783.9k | Reduced -283 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 9.5k $676.1k | Reduced -1.8k |
| Ignite Planners, LLC 0.24% of their portfolio | 9.0k $636.9k | Unchanged |
| Quad-Cities Investment Group, LLC 0.34% of their portfolio | 7.4k $525.0k | Added +261 |
| Avidian Wealth Enterprises, LLC 0.03% of their portfolio | 7.0k $497.1k | Added +25 |
| Moors & Cabot, Inc. 0.03% of their portfolio | 5.9k $420.0k | Added +1.6k |
| COTTONWOOD CAPITAL ADVISORS, LLC 0.38% of their portfolio | 5.9k $417.6k | Reduced -341 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 5.8k $408.0k | Unchanged |
| Apeiron RIA LLC 0.12% of their portfolio | 5.1k $362.5k | Added +22 |
| Cetera Advisors LLC 0.01% of their portfolio | 4.8k $338.1k | Reduced -199 |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 4.7k $335.0k | Reduced -1.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 4.5k $322.5k | Reduced -1.0k |
| ETFIDEA, LLC 0.12% of their portfolio | 4.2k $298.9k | Reduced -200 |
| Pacific Sun Financial Corp 0.20% of their portfolio | 4.2k $292.7k | First filing |
| HFG Advisors, Inc. 0.31% of their portfolio | 4.1k $290.4k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.01% of their portfolio | 4.0k $283.8k | Reduced -205 |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 4.0k $283.2k | New |
| Stratos Wealth Partners, LTD. 0.01% of their portfolio | 3.9k $277.1k | Added +3 |
| Kowal Investment Group, LLC 0.07% of their portfolio | 3.7k $262.7k | Added +13 |
| FLOW TRADERS U.S. LLC 0.01% of their portfolio | 3.7k $262.0k | New |
| Integrated Advisors Network LLC 0.01% of their portfolio | 3.7k $260.4k | Reduced -1.4k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 3.2k $223.7k | Reduced -10.0k |
| WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 0.01% of their portfolio | 2.9k $206.4k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.01% of their portfolio | 2.7k $191.5k | Added +380 |
| IFP Advisors, Inc 0.00% of their portfolio | 1.4k $88.4k | Added +697 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 1.0k $73.2k | Reduced -522 |
| PRIVATE TRUST CO NA 0.01% of their portfolio | 592 $42.0k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 470 $33.3k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 372 $26.3k | Unchanged |
| ICA Group Wealth Management, LLC 0.00% of their portfolio | 275 $19.5k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 163 $11.6k | Unchanged |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 136 $9.6k | Unchanged |
| Avior Wealth Management, LLC 0.00% of their portfolio | 117 $8.3k | Added +1 |
| Global Retirement Partners, LLC 0.00% of their portfolio | 65 $4.6k | Unchanged |
| Larson Financial Group LLC 0.00% of their portfolio | 42 $3.0k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 16 $1.1k | Unchanged |
| TD Capital Management LLC 0.00% of their portfolio | 0 $10 | Unchanged |