FIRST TR MULTI CP VAL ALPHA FAB
SHS ISSUED FRST · ETP · CUSIP 33733C108
61
institutional holders
-1 vs Q1 2025
690.2k
shares reported held*
$56.1mreported value*
3 new
14 added
28 reduced
5 sold out
net sold ≈ $621.3k (-7.6k 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. Holder counts are more reliable. Implied quarter-end price ≈ $81.27. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q2 2025
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 |
| Q3 2024 | 64 |
| Q4 2024 | 63 |
| Q1 2025 | 62 |
| Q2 2025 | 61 |
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 |
|---|---|---|
| Q3 2023 | 22 | 30 |
| Q4 2023 | 19 | 28 |
| Q1 2024 | 21 | 26 |
| Q2 2024 | 18 | 30 |
| Q3 2024 | 15 | 37 |
| Q4 2024 | 23 | 23 |
| Q1 2025 | 25 | 26 |
| Q2 2025 | 17 | 33 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +29.5k |
| CITADEL ADVISORS LLC | New | +6.1k |
| UBS Group AG | Added | +5.7k |
| RAYMOND JAMES FINANCIAL INC | Added | +2.1k |
| OSAIC HOLDINGS, INC. | Added | +620 |
| JONES FINANCIAL COMPANIES LLLP | Added | +531 |
| Ameritas Advisory Services, LLC | New | +388 |
| NORTHEAST PLANNING ASSOCIATES, INC. / NH / | Added | +355 |
| TRUST CO OF TOLEDO NA /OH/ | New | +348 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | Added | +320 |
Biggest sellers
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -11.3k |
| WETZEL INVESTMENT ADVISORS, INC. | Sold out | -5.3k |
| Janney Montgomery Scott LLC | Reduced | -4.9k |
| WELLS FARGO & COMPANY/MN | Reduced | -4.3k |
| TWO SIGMA INVESTMENTS, LP | Sold out | -4.3k |
| PRINCIPAL SECURITIES, INC. | Reduced | -4.2k |
| COMMONWEALTH EQUITY SERVICES, LLC | Reduced | -3.6k |
| Creative Planning | Reduced | -3.3k |
| MORGAN STANLEY | Reduced | -2.8k |
| Moors & Cabot, Inc. | Sold out | -2.6k |
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 2025
| Manager | Shares | Change |
|---|---|---|
| ROYAL BANK OF CANADA 0.00% of their portfolio | 66.4k $5.4m | Added +29.5k |
| MORGAN STANLEY 0.00% of their portfolio | 63.5k $5.2m | Reduced -2.8k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 61.7k $5.0m | Added +2.1k |
| LPL Financial LLC 0.00% of their portfolio | 50.3k $4.1m | Reduced -88 |
| 626 Financial, LLC 1.49% of their portfolio | 39.0k $3.2m | Reduced -1.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 38.0k $3.1m | Reduced -4.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 34.5k $2.8m | Reduced -11.3k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 34.4k $2.8m | Added +620 |
| Baird Financial Group, Inc. 0.00% of their portfolio | 21.8k $1.8m | Reduced -152 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 21.8k $1.8m | Unchanged |
| NORTHEAST PLANNING ASSOCIATES, INC. / NH / 1.59% of their portfolio | 21.2k $1.7m | Added +355 |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 20.5k $1.7m | Reduced -1.4k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 19.7k $1.6m | Reduced -3.6k |
| PRINCIPAL SECURITIES, INC. 0.03% of their portfolio | 18.6k $1.5m | Reduced -4.2k |
| UBS Group AG 0.00% of their portfolio | 16.7k $1.4m | Added +5.7k |
| PFG Advisors 0.06% of their portfolio | 15.2k $1.2m | Reduced -240 |
| Private Advisor Group, LLC 0.00% of their portfolio | 11.3k $915.1k | Added +15 |
| LANARK FINANCIAL, INC. 0.06% of their portfolio | 9.6k $779.0k | Reduced -185 |
| Quad-Cities Investment Group, LLC 0.33% of their portfolio | 9.0k $729.6k | Added +16 |
| Proactive Wealth Strategies LLC 0.31% of their portfolio | 8.0k $652.0k | Added +31 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 7.7k $626.0k | Reduced -367 |
| HARBOUR INVESTMENTS, INC. 0.02% of their portfolio | 7.5k $609.6k | Reduced -248 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 7.4k $599.0k | Reduced -4.9k |
| Avidian Wealth Enterprises, LLC 0.02% of their portfolio | 7.2k $586.7k | Added +21 |
| Capital Investment Advisory Services, LLC 0.05% of their portfolio | 6.9k $561.7k | Reduced -356 |
| Cetera Investment Advisers 0.00% of their portfolio | 6.2k $500.3k | Reduced -317 |
| Stratos Wealth Partners, LTD. 0.01% of their portfolio | 6.1k $499.4k | Reduced -51 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 6.1k $495.7k | New |
| D.A. DAVIDSON & CO. 0.00% of their portfolio | 5.8k $471.0k | Reduced -114 |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 5.1k $417.1k | Reduced -406 |
| COTTONWOOD CAPITAL ADVISORS, LLC 0.27% of their portfolio | 4.9k $394.8k | Reduced -2 |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 4.4k $354.9k | Reduced -456 |
| HFG Advisors, Inc. 0.26% of their portfolio | 4.1k $332.8k | Unchanged |
| PFG Investments, LLC 0.02% of their portfolio | 4.1k $330.7k | Added +15 |
| Creative Planning 0.00% of their portfolio | 4.0k $323.4k | Reduced -3.3k |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 3.8k $307.3k | Added +531 |
| TCFG WEALTH MANAGEMENT, LLC 0.14% of their portfolio | 3.7k $300.8k | Unchanged |
| Apeiron RIA LLC 0.07% of their portfolio | 3.3k $267.6k | Added +13 |
| Pacific Sun Financial Corp 0.13% of their portfolio | 3.1k $252.8k | Unchanged |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 1.4k $113.3k | Added +320 |
| Golden State Wealth Management, LLC 0.01% of their portfolio | 997 $81.0k | Unchanged |
| FMR LLC 0.00% of their portfolio | 789 $64.1k | Reduced -227 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 700 $56.9k | Reduced -403 |
| IFP Advisors, Inc 0.00% of their portfolio | 697 $56.6k | Unchanged |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 628 $51.0k | Reduced -246 |
| Parkside Financial Bank & Trust 0.01% of their portfolio | 600 $48.8k | Unchanged |
| Ameritas Advisory Services, LLC 0.00% of their portfolio | 388 $31.5k | New |
| TRUST CO OF TOLEDO NA /OH/ 0.00% of their portfolio | 348 $28.3k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 320 $26.0k | Reduced -520 |
| Parallel Advisors, LLC 0.00% of their portfolio | 184 $15.0k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 175 $14.2k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 135 $11.0k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 98 $8.0k | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 75 $6.1k | Added +44 |
| Allworth Financial LP 0.00% of their portfolio | 70 $5.7k | Unchanged |
| GPS Wealth Strategies Group, LLC 0.00% of their portfolio | 65 $5.3k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 43 $3.5k | First filing |
| Larson Financial Group LLC 0.00% of their portfolio | 42 $3.4k | Unchanged |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 20 $1.6k | Reduced -4 |
| AdvisorNet Financial, Inc 0.00% of their portfolio | 17 $1.4k | Reduced -3 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |