FIRST TR MULTI CP VAL ALPHA FAB
SHS ISSUED FRST · ETP · CUSIP 33733C108
65
institutional holders
+1 vs Q1 2024
910.1k
shares reported held*
$71.7mreported value*
5 new
13 added
27 reduced
3 sold out
net sold ≈ $25.3m (-321.8k 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 ≈ $78.78. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 56 |
| Q4 2022 | 60 |
| Q1 2023 | 68 |
| Q2 2023 | 59 |
| Q3 2023 | 55 |
| Q4 2023 | 61 |
| Q1 2024 | 64 |
| Q2 2024 | 65 |
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 |
| Q3 2023 | 22 | 30 |
| Q4 2023 | 19 | 28 |
| Q1 2024 | 21 | 26 |
| Q2 2024 | 18 | 30 |
Biggest buyers
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | +21.9k |
| CITADEL ADVISORS LLC | Added | +14.5k |
| PFG Investments, LLC | New | +4.5k |
| RAYMOND JAMES & ASSOCIATES | Added | +3.0k |
| Clearstead Advisors, LLC | New | +2.9k |
| UBS Group AG | Added | +2.4k |
| JONES FINANCIAL COMPANIES LLLP | Added | +939 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | New | +787 |
| LANARK FINANCIAL, INC. | Added | +455 |
| RAYMOND JAMES TRUST N.A. | Added | +347 |
Biggest sellers
| MORGAN STANLEY | Reduced | -191.8k |
| BENJAMIN F. EDWARDS & COMPANY, INC. | Reduced | -68.7k |
| WELLS FARGO & COMPANY/MN | Reduced | -34.2k |
| STIFEL FINANCIAL CORP | Reduced | -29.6k |
| Financial Advocates Investment Management | Sold out | -17.1k |
| LPL Financial LLC | Reduced | -8.3k |
| Moors & Cabot, Inc. | Reduced | -5.4k |
| ROYAL BANK OF CANADA | Reduced | -4.1k |
| PRINCIPAL SECURITIES, INC. | Reduced | -3.1k |
| FLOW TRADERS U.S. LLC | Sold out | -2.8k |
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 2024
| Manager | Shares | Change |
|---|---|---|
| Janney Montgomery Scott LLC 0.03% of their portfolio | 119.4k $9.4m | Reduced -2.5k |
| MORGAN STANLEY 0.00% of their portfolio | 94.5k $7.4m | Reduced -191.8k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 75.3k $5.9m | Reduced -29.6k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 72.9k $5.7m | Reduced -441 |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 50.8k $4.0m | Reduced -404 |
| LPL Financial LLC 0.00% of their portfolio | 48.8k $3.8m | Reduced -8.3k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 46.8k $3.7m | Reduced -34.2k |
| 626 Financial, LLC 1.98% of their portfolio | 43.3k $3.4m | Reduced -532 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 38.0k $3.0m | Reduced -4.1k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 29.5k $2.3m | Added +14.5k |
| PRINCIPAL SECURITIES, INC. 0.05% of their portfolio | 23.7k $1.9m | Reduced -3.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 21.9k $1.7m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 21.8k $1.7m | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 19.9k $1.6m | Added +171 |
| Baird Financial Group, Inc. 0.00% of their portfolio | 16.3k $1.3m | Reduced -87 |
| Private Advisor Group, LLC 0.01% of their portfolio | 15.6k $1.2m | Reduced -651 |
| PFG Advisors 0.08% of their portfolio | 15.1k $1.2m | Unchanged |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 10.5k $823.0k | Reduced -291 |
| LANARK FINANCIAL, INC. 0.07% of their portfolio | 10.2k $801.0k | Added +455 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 10.2k $801.0k | Added +3.0k |
| Capital Investment Advisory Services, LLC 0.07% of their portfolio | 9.2k $722.2k | Reduced -1.2k |
| Quad-Cities Investment Group, LLC 0.37% of their portfolio | 8.6k $676.2k | Reduced -444 |
| UBS Group AG 0.00% of their portfolio | 8.6k $673.6k | Added +2.4k |
| HARBOUR INVESTMENTS, INC. 0.02% of their portfolio | 7.9k $622.4k | Reduced -300 |
| Avidian Wealth Enterprises, LLC 0.03% of their portfolio | 7.1k $560.6k | Added +26 |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 5.9k $465.4k | Unchanged |
| Cetera Investment Advisers 0.00% of their portfolio | 5.6k $440.6k | Reduced -237 |
| WETZEL INVESTMENT ADVISORS, INC. 0.26% of their portfolio | 5.4k $446.7k | Added +22 |
| Stratos Wealth Partners, LTD. 0.01% of their portfolio | 5.4k $423.9k | Added +12 |
| COTTONWOOD CAPITAL ADVISORS, LLC 0.31% of their portfolio | 5.0k $390.9k | Reduced -8 |
| PFG Investments, LLC 0.03% of their portfolio | 4.5k $355.8k | New |
| Apeiron RIA LLC 0.11% of their portfolio | 4.5k $354.9k | Reduced -206 |
| ETFIDEA, LLC 0.11% of their portfolio | 4.2k $332.0k | Unchanged |
| HFG Advisors, Inc. 0.30% of their portfolio | 4.1k $322.5k | Unchanged |
| Moors & Cabot, Inc. 0.02% of their portfolio | 3.7k $289.5k | Reduced -5.4k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 3.6k $279.8k | Reduced -180 |
| Pacific Sun Financial Corp 0.16% of their portfolio | 3.5k $276.4k | Reduced -20 |
| Kowal Investment Group, LLC 0.05% of their portfolio | 3.4k $267.0k | Reduced -128 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 3.2k $253.3k | Added +31 |
| Clearstead Advisors, LLC 0.00% of their portfolio | 2.9k $229.2k | New |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 2.9k $224.7k | Added +88 |
| RAYMOND JAMES TRUST N.A. 0.01% of their portfolio | 2.8k $218.6k | Added +347 |
| Virtu Financial LLC 0.01% of their portfolio | 2.7k $209.0k | Reduced -817 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.01% of their portfolio | 2.5k $194.9k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 1.1k $82.9k | Unchanged |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 997 $78.5k | Added +939 |
| FMR LLC 0.00% of their portfolio | 890 $70.1k | Added +162 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 815 $64.2k | Reduced -112 |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 787 $62.0k | New |
| IFP Advisors, Inc 0.00% of their portfolio | 697 $54.9k | Unchanged |
| COMERICA BANK 0.00% of their portfolio | 684 $53.9k | Unchanged |
| Parkside Financial Bank & Trust 0.01% of their portfolio | 600 $47.3k | Unchanged |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio | 596 $47.0k | Reduced -68.7k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 470 $37.1k | Unchanged |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 246 $19.4k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 175 $13.8k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 163 $12.8k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 135 $10.6k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 98 $7.7k | Reduced -372 |
| GHP Investment Advisors, Inc. 0.00% of their portfolio | 80 $6.3k | Unchanged |
| Avior Wealth Management, LLC 0.00% of their portfolio | 76 $6.0k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 65 $5.1k | Unchanged |
| Larson Financial Group LLC 0.00% of their portfolio | 42 $3.3k | Unchanged |
| Creekmur Asset Management LLC 0.00% of their portfolio | 28 $2.2k | Unchanged |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 16 $1.3k | Unchanged |