Vault-13

FIRST TR EXCHANGE-TRADED FD FBT

NY ARCA BIOTECH · ETP · CUSIP 33733E203

279 institutional holders +26 vs Q3 2025
3,472,1713.5m shares reported held*
$713.0mreported value*
39 new 78 added 80 reduced 21 sold out net bought ≈ $78.9m (+402.7k 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 ($10.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $205.36. Options: 2 managers hold calls ($660.9k notional), 1 hold puts ($268.5k).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 219Q4 22: 243Q1 23: 245Q2 23: 251Q3 23: 243Q4 23: 258Q1 24: 242Q2 24: 253Q3 24: 258Q4 24: 260Q1 25: 272Q2 25: 251Q3 25: 253Q4 25: 279279Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022219
Q4 2022243
Q1 2023245
Q2 2023251
Q3 2023243
Q4 2023258
Q1 2024242
Q2 2024253
Q3 2024258
Q4 2024260
Q1 2025272
Q2 2025251
Q3 2025253
Q4 2025279

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q1 24: 76 bought or addedQ1 24: 126 cut or sold outQ2 24: 87 bought or addedQ2 24: 111 cut or sold outQ2 24Q3 24: 86 bought or addedQ3 24: 119 cut or sold outQ4 24: 101 bought or addedQ4 24: 109 cut or sold outQ4 24Q1 25: 110 bought or addedQ1 25: 100 cut or sold outQ2 25: 73 bought or addedQ2 25: 130 cut or sold outQ2 25Q3 25: 99 bought or addedQ3 25: 105 cut or sold outQ4 25: 117 bought or addedQ4 25: 101 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202476126
Q2 202487111
Q3 202486119
Q4 2024101109
Q1 2025110100
Q2 202573130
Q3 202599105
Q4 2025117101

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ1 25 calls: $2.4mQ1 25 puts: $34.0kQ1 25P/C 0.01Q2 25 calls: $2.8mQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $3.6mQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $660.9kQ4 25 puts: $268.5kQ4 25P/C 0.41
Numbers
QuarterCallsPutsP/C
Q1 2025$2.4m$34.0k0.01
Q2 2025$2.8m$00.00
Q3 2025$3.6m$00.00
Q4 2025$660.9k$268.5k0.41

Biggest buyers

360 Financial, Inc. New +72,085+72.1k
Stonebridge Financial Group, LLC New +71,346+71.3k
MORGAN STANLEY Added +61,755+61.8k
LPL Financial LLC Added +60,187+60.2k
Janney Montgomery Scott LLC Added +40,754+40.8k
TWO SIGMA INVESTMENTS, LP Added +31,400+31.4k
Ameritas Advisory Services, LLC Added +29,662+29.7k
UBS Group AG Added +26,800+26.8k
Corient Private Wealth LP Added +23,917+23.9k
Mirae Asset Global Investments Co., Ltd. New +14,000+14.0k

Biggest sellers

Independent Advisor Alliance Sold out -29,611-29.6k
Integrated Wealth Concepts LLC Reduced -27,787-27.8k
CITADEL ADVISORS LLC Sold out -26,102-26.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -23,284-23.3k
JPMORGAN CHASE & CO Reduced -12,590-12.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -6,266-6.3k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -6,041-6.0k
Allworth Financial LP Sold out -5,993-6.0k
JANE STREET GROUP, LLC Reduced -5,928-5.9k
BARCLAYS PLC Sold out -5,288-5.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $454.3k2.2k shares
CITADEL ADVISORS LLC Reduced $206.5k1.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $268.5k1.3k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FIRST TRUST PORTFOLIOS LP 13G · institution -2.9 pts · filed 2026-10-19 27.1% -2.9 pts 3.0m≈ $731.6m 2026-10-19

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 401,201401.2k $82.9m $82.9m 0.00% Added +61.8k +61,755
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 260,833260.8k $53.9m $53.9m 0.01% Added +60.2k +60,187
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 190,106190.1k $39.3m $39.3m 0.00% Added +907 +907
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 188,584188.6k $38.9m $38.9m 0.01% Added +5.0k +4,986
5 UBS Group AG 0.01% of their portfolio ZURICH, V8 187,088187.1k $38.6m $38.6m 0.01% Added +26.8k +26,800
6 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 154,869154.9k $32.0m $32.0m 0.01% Added +2.2k +2,167
7 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 145,659145.7k $30.1m $30.1m 0.01% Added +8.1k +8,115
8 Berger Financial Group, Inc 1.38% of their portfolio PLYMOUTH, MN 114,950115.0k $23.7m $23.7m 1.38% Reduced -545 -545
9 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 114,657114.7k $23.7m $23.7m 0.01% Reduced -6.3k -6,266
10 360 Financial, Inc. 4.50% of their portfolio WAYZATA, MN 72,08572.1k $14.9m $14.9m 4.50% New
11 Stonebridge Financial Group, LLC 1.26% of their portfolio Wormleysburg, PA 71,34671.3k $14.7m $14.7m 1.26% New
12 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 70,05470.1k $14.5m $14.5m 0.03% Added +40.8k +40,754
13 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 62,87062.9k $13.0m $13.0m 0.01% Added +10.1k +10,064
14 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 60,44660.4k $12.5m $12.5m 0.01% Added +8.5k +8,508
15 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 55,22855.2k $11.4m $11.4m 0.02% Added +9.9k +9,897
16 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 52,88752.9k $10.9m $10.9m 0.02% Reduced -2.6k -2,585
17 D.A. DAVIDSON & CO. 0.06% of their portfolio GREAT FALLS, MT 49,77249.8k $10.3m $10.3m 0.06% Added +10.5k +10,462
18 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 46,56046.6k $9.6m $9.6m 0.02% Added +6.0k +6,017
19 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 45,54645.5k $9.4m $9.4m 0.00% Reduced -120 -120
20 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 42,70042.7k $8.8m $8.8m 0.01% Added +31.4k +31,400
21 Modern Wealth Management, LLC 0.16% of their portfolio KANSAS CITY, MO 41,57841.6k $8.6m $8.6m 0.16% Added +496 +496
22 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 38,16138.2k $7.9m $7.9m 0.02% Added +1.2k +1,184
23 BENJAMIN EDWARDS INC 0.07% of their portfolio Clayton, MO 30,48030.5k $6.3m $6.3m 0.07% Reduced -1.1k -1,131
24 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 30,27730.3k $6.3m $6.3m 0.03% Added +12.3k +12,344
25 Ameritas Advisory Services, LLC 0.23% of their portfolio Lincoln, NE 29,90129.9k $6.2m $6.2m 0.23% Added +29.7k +29,662
26 Hartford Financial Management Inc. 1.56% of their portfolio WEST HARTFORD, CT 29,15529.2k $6.0m $6.0m 1.56% Reduced -324 -324
27 TD Waterhouse Canada Inc. 0.04% of their portfolio TORONTO, A6 28,84928.8k $5.9m $5.9m 0.04% Reduced -908 -908
28 Arlington Financial Advisors, LLC 0.82% of their portfolio SANTA BARBARA, CA 27,62027.6k $5.7m $5.7m 0.82% Added +81 +81
29 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 27,37227.4k $1.4m $1.4m 0.00% Added +23.9k +23,917
30 RPG Investment Advisory, LLC 0.55% of their portfolio Pleasanton, CA 23,64723.6k $4.9m $4.9m 0.55% Reduced -1 -1
31 SFI Advisors, LLC 3.05% of their portfolio Montclair, NJ 23,00623.0k $4.8m $4.8m 3.05% Reduced -174 -174
32 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 22,41722.4k $4.6m $4.6m 0.01% Reduced -6.0k -6,041
33 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 21,08121.1k $4.4m $4.4m 0.01% Added +12.6k +12,614
34 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 19,70919.7k $4.1m $4.1m 0.00% Added +882 +882
35 Holistic Financial Partners 1.40% of their portfolio INDIANAPOLIS, IN 18,70718.7k $3.9m $3.9m 1.40% Added +308 +308
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 16,00916.0k $3.3m $3.3m 0.00% Reduced -23.3k -23,284
37 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 14,00014.0k $2.9m $2.9m 0.01% New
38 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 13,84013.8k $2.9m $2.9m 0.00% Added +1.0k +1,002
39 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 13,71813.7k $2.8m $2.8m 0.00% Reduced -12.6k -12,590
40 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 13,56813.6k $2.8m $2.8m 0.00% Added +656 +656
41 B. Riley Wealth Advisors, Inc. 0.12% of their portfolio MEMPHIS, TN 12,75612.8k $2.6m $2.6m 0.12% Added +2.0k +2,027
42 IFP Advisors, Inc 0.06% of their portfolio TAMPA, FL 12,19912.2k $2.5m $2.5m 0.06% Added +1.6k +1,574
43 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 11,21811.2k $2.3m $2.3m 0.01% Added +467 +467
44 JUNCTURE WEALTH STRATEGIES, LLC 0.72% of their portfolio SCOTTSDALE, AZ 10,62710.6k $2.2m $2.2m 0.72% Reduced -169 -169
45 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,49010.5k $2.2m $2.2m 0.00% Reduced -280 -280
46 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 10,38910.4k $2.1m $2.1m 0.00% Reduced -100 -100
47 Texas Yale Capital Corp. 0.06% of their portfolio ST. PETERSBURG, FL 9,3009.3k $1.9m $1.9m 0.06% Unchanged
48 Ancora Advisors LLC 0.04% of their portfolio Cleveland, OH 9,1419.1k $1.9m $1.9m 0.04% Unchanged
49 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 9,0159.0k $1.9m $1.9m 0.00% Added +367 +367
50 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 8,9198.9k $1.8m $1.8m 0.02% Added +53 +53
51 Prospera Financial Services Inc 0.03% of their portfolio Dallas, TX 8,7428.7k $1.8m $1.8m 0.03% Reduced -567 -567
52 NewEdge Wealth, LLC 0.02% of their portfolio STAMFORD, CT 8,4588.5k $1.7m $1.7m 0.02% Reduced -113 -113
53 Clear Harbor Asset Management, LLC 0.12% of their portfolio Stamford, CT 8,4478.4k $1.7m $1.7m 0.12% Added +160 +160
54 Quad-Cities Investment Group, LLC 0.72% of their portfolio DAVENPORT, IA 8,4458.4k $1.7m $1.7m 0.72% Added +72 +72
55 NAVELLIER & ASSOCIATES INC 0.19% of their portfolio Reno, NV 8,4028.4k $1.7m $1.7m 0.19% Reduced -3.3k -3,256
56 MAI Capital Management 0.01% of their portfolio INDEPENDENCE, OH 8,0388.0k $1.7m $1.7m 0.01% Added +93 +93
57 World Investment Advisors 0.03% of their portfolio LINCROFT, NJ 7,9177.9k $1.6m $1.6m 0.03% Reduced -156 -156
58 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 7,6887.7k $1.6m $1.6m 0.00% Added +161 +161
59 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 7,5637.6k $1.6m $1.6m 0.01% Reduced -14 -14
60 Pacific Sun Financial Corp 0.74% of their portfolio LOS ANGELES, CA 7,4837.5k $1.5m $1.5m 0.74% Reduced -442 -442
61 Gateway Wealth Partners, LLC 0.16% of their portfolio APPLETON, WI 7,1597.2k $1.5m $1.5m 0.16% Added +692 +692
62 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 7,0647.1k $1.5m $1.5m 0.00% Reduced -1.3k -1,254
63 Wealthspire Retirement, LLC 0.08% of their portfolio ALISO VIEJO, CA 6,7256.7k $1.4m $1.4m 0.08% Unchanged
64 Snowden Capital Advisors LLC 0.04% of their portfolio New York, NY 6,6616.7k $1.4m $1.4m 0.04% Reduced -479 -479
65 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 6,4306.4k $1.3m $1.3m 0.01% Reduced -178 -178
66 HARBOUR INVESTMENTS, INC. 0.03% of their portfolio MADISON, WI 6,3646.4k $1.3m $1.3m 0.03% Added +659 +659
67 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 6,3476.3k $1.3m $1.3m 0.00% Reduced -5.9k -5,928
68 McKinley Carter Wealth Services, Inc. 0.07% of their portfolio WHEELING, WV 6,3126.3k $1.3m $1.3m 0.07% Reduced -205 -205
69 Forefront Wealth Partners, LLC 0.60% of their portfolio AUSTIN, TX 6,1126.1k $1.3m $1.3m 0.60% Added +987 +987
70 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 6,0166.0k $1.2m $1.2m 0.01% Added +637 +637
71 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 5,8955.9k $1.2m $1.2m 0.00% Reduced -108 -108
72 DAYMARK WEALTH PARTNERS, LLC 0.04% of their portfolio CINCINNATI, OH 5,8725.9k $1.2m $1.2m 0.04% Reduced -7 -7
73 WBI INVESTMENTS, LLC 0.32% of their portfolio RED BANK, NJ 5,8565.9k $1.2m $1.2m 0.32% Added +1.3k +1,329
74 Financial Enhancement Group LLC 0.17% of their portfolio ANDERSON, IN 5,7895.8k $1.3m $1.3m 0.17% Reduced -31 -31
75 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 5,7675.8k $1.2m $1.2m 0.01% Reduced -54 -54
76 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 5,6115.6k $1.2m $1.2m 0.01% Reduced -252 -252
77 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 5,4795.5k $1.1m $1.1m 0.02% Reduced -1 -1
78 Nilsine Partners, LLC 0.09% of their portfolio GREENWOOD VILLAGE, CO 5,2405.2k $1.1m $1.1m 0.09% New
79 CWM, LLC 0.00% of their portfolio OMAHA, NE 5,0965.1k $1.1m $1.1m 0.00% Reduced -48 -48
80 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.07% of their portfolio ORLANDO, FL 5,0585.1k $1.0m $1.0m 0.07% New
81 Stablepoint Partners, LLC 0.16% of their portfolio BRAINTREE, MA 4,9805.0k $1.0m $1.0m 0.16% Added +108 +108
82 WealthShield Partners, LLC 0.11% of their portfolio CARY, NC 4,8174.8k $994.8k $994.8k 0.11% Added +31 +31
83 Western Wealth Management, LLC 0.05% of their portfolio GOLDEN, CO 4,7394.7k $978.6k $978.6k 0.05% Added +3.6k +3,568
84 Davis Investment Partners, LLC 0.34% of their portfolio CHARLOTTE, NC 4,7004.7k $976.3k $976.3k 0.34% Unchanged
85 GoalVest Advisory LLC 0.18% of their portfolio New York, NY 4,6634.7k $963.0k $963.0k 0.18% Unchanged
86 GENTRY PRIVATE WEALTH, LLC 0.61% of their portfolio WICHITA, KS 4,6634.7k $963.0k $963.0k 0.61% Unchanged
87 IAMS WEALTH MANAGEMENT, LLC 0.35% of their portfolio OMAHA, NE 4,6474.6k $959.7k $959.7k 0.35% Reduced -1.1k -1,081
88 PINNACLE ASSOCIATES LTD 0.01% of their portfolio NEW YORK, NY 4,4254.4k $913.9k $913.9k 0.01% Reduced -200 -200
89 Apollon Wealth Management, LLC 0.02% of their portfolio MOUNT PLEASANT, SC 4,2784.3k $883.5k $883.5k 0.02% Added +553 +553
90 RWA WEALTH PARTNERS, LLC 0.01% of their portfolio BOSTON, MA 4,2634.3k $880.4k $880.4k 0.01% Unchanged
91 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 4,2494.2k $877.6k $877.6k 0.00% Reduced -454 -454
92 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 4,2194.2k $871.3k $871.3k 0.00% Added +246 +246
93 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 4,1794.2k $863.0k $863.0k 0.01% Reduced -112 -112
94 Robertson Stephens Wealth Management, LLC 0.02% of their portfolio San Francisco, CA 4,1184.1k $850.4k $850.4k 0.02% Added +115 +115
95 Pinnacle Family Advisors, LLC 0.37% of their portfolio Springfield, MO 4,0284.0k $831.9k $831.9k 0.37% Reduced -68 -68
96 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 3,8793.9k $801.1k $801.1k 0.01% New
97 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 3,7553.8k $775.4k $775.4k 0.00% Reduced -681 -681
98 1ST SOURCE BANK 0.04% of their portfolio SOUTH BEND, IN 3,7473.7k $773.8k $773.8k 0.04% Reduced -10 -10
99 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 3,7033.7k $764.7k $764.7k 0.00% Reduced -57 -57
100 LAKE STREET PRIVATE WEALTH, LLC 0.09% of their portfolio CHICAGO, IL 3,6623.7k $756.3k $756.3k 0.09% Added +7 +7