Vault-13

FIRST TR EXCHANGE-TRADED FD FCG

NAT GAS ETF · ETP · CUSIP 33733E807

99 institutional holders -8 vs Q2 2025
6,790,6536.8m shares reported held*
$159.6mreported value*
12 new 26 added 38 reduced 18 sold out net sold ≈ $10.5m (-445.5k 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 ≈ $23.50. Options: 3 managers hold calls ($1.3m notional), 3 hold puts ($1.9m).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 139Q4 22: 147Q1 23: 124Q2 23: 115Q3 23: 130Q4 23: 124Q1 24: 124Q2 24: 114Q3 24: 98Q4 24: 104Q1 25: 107Q2 25: 107Q3 25: 9999Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022139
Q4 2022147
Q1 2023124
Q2 2023115
Q3 2023130
Q4 2023124
Q1 2024124
Q2 2024114
Q3 202498
Q4 2024104
Q1 2025107
Q2 2025107
Q3 202599

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 41 bought or addedQ4 23: 70 cut or sold outQ1 24: 50 bought or addedQ1 24: 65 cut or sold outQ1 24Q2 24: 43 bought or addedQ2 24: 65 cut or sold outQ3 24: 34 bought or addedQ3 24: 59 cut or sold outQ3 24Q4 24: 49 bought or addedQ4 24: 35 cut or sold outQ1 25: 47 bought or addedQ1 25: 49 cut or sold outQ1 25Q2 25: 37 bought or addedQ2 25: 62 cut or sold outQ3 25: 38 bought or addedQ3 25: 56 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20234170
Q1 20245065
Q2 20244365
Q3 20243459
Q4 20244935
Q1 20254749
Q2 20253762
Q3 20253856

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ4 24 calls: $672.4kQ4 24 puts: $482.7kQ4 24P/C 0.72Q1 25 calls: $2.0mQ1 25 puts: $1.3mQ1 25P/C 0.64Q2 25 calls: $1.3mQ2 25 puts: $591.6kQ2 25P/C 0.47Q3 25 calls: $1.3mQ3 25 puts: $1.9mQ3 25P/C 1.47
Numbers
QuarterCallsPutsP/C
Q4 2024$672.4k$482.7k0.72
Q1 2025$2.0m$1.3m0.64
Q2 2025$1.3m$591.6k0.47
Q3 2025$1.3m$1.9m1.47

Biggest buyers

Financial Sense Advisors, Inc. Added +422,638+422.6k
Quadrature Capital Ltd New +251,539+251.5k
Kestra Advisory Services, LLC Added +181,277+181.3k
UBS Group AG Added +95,262+95.3k
GENDELL JEFFREY L Added +30,000+30.0k
Skylands Capital, LLC Added +27,600+27.6k
STIFEL FINANCIAL CORP Added +25,758+25.8k
Steward Partners Investment Advisory, LLC Added +20,130+20.1k
D. E. Shaw & Co., Inc. New +17,765+17.8k
RENAISSANCE TECHNOLOGIES LLC Added +17,600+17.6k

Biggest sellers

ROYAL BANK OF CANADA Reduced -392,002-392.0k
AMERIPRISE FINANCIAL INC Reduced -295,036-295.0k
MORGAN STANLEY Reduced -183,199-183.2k
BNP PARIBAS FINANCIAL MARKETS Reduced -100,000-100.0k
Stratos Investment Management, LLC Sold out -93,850-93.8k
WELLS FARGO & COMPANY/MN Reduced -83,218-83.2k
Proficio Capital Partners LLC Reduced -75,345-75.3k
Trek Financial, LLC Sold out -58,149-58.1k
Tower Research Capital LLC (TRC) Reduced -52,557-52.6k
Stratos Wealth Advisors, LLC Sold out -42,313-42.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.1m44.7k shares
CITADEL ADVISORS LLC New $234.9k10.0k shares
GROUP ONE TRADING LLC Reduced $23.5k1.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $1.2m52.9k shares
CITADEL ADVISORS LLC Added $669.5k28.5k shares
GROUP ONE TRADING LLC New $14.1k600 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,392,1501.4m $32.7m $32.7m 0.00% Reduced -183.2k -183,199
2 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 757,747757.7k $17.8m $17.8m 0.01% Reduced -2.9k -2,932
3 Financial Sense Advisors, Inc. 2.33% of their portfolio SAN DIEGO, CA 536,663536.7k $12.6m $12.6m 2.33% Added +422.6k +422,638
4 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 480,921480.9k $11.3m $11.3m 0.00% Reduced -295.0k -295,036
5 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 441,685441.7k $10.4m $10.4m 0.00% Reduced -34.8k -34,787
6 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 348,869348.9k $8.2m $8.2m 0.00% Reduced -83.2k -83,218
7 Quadrature Capital Ltd 0.07% of their portfolio LONDON, X0 251,539251.5k $5.9m $5.9m 0.07% New
8 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 234,915234.9k $5.5m $5.5m 0.00% Reduced -18.2k -18,212
9 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 222,576222.6k $5.2m $5.2m 0.02% Added +181.3k +181,277
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 222,438222.4k $5.2m $5.2m 0.00% Reduced -392.0k -392,002
11 GENDELL JEFFREY L 0.08% of their portfolio Greenwich, CT 190,000190.0k $4.5m $4.5m 0.08% Added +30.0k +30,000
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 189,170189.2k $4.4m $4.4m 0.00% Added +95.3k +95,262
13 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 150,000150.0k $3.5m $3.5m 0.00% Reduced -100.0k -100,000
14 PCG Wealth Advisors, LLC 0.98% of their portfolio OVERLAND PARK, KS 143,231143.2k $3.4m $3.4m 0.98% Reduced -31.1k -31,082
15 Davis Investment Partners, LLC 0.73% of their portfolio CHARLOTTE, NC 89,18189.2k $2.1m $2.1m 0.73% Reduced -4.4k -4,356
16 Skylands Capital, LLC 0.26% of their portfolio Milwaukee, WI 79,50079.5k $1.9m $1.9m 0.26% Added +27.6k +27,600
17 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 68,85968.9k $1.6m $1.6m 0.00% Reduced -1.4k -1,381
18 MGB Wealth Management, LLC 0.40% of their portfolio ADDISON, TX 60,08460.1k $1.4m $1.4m 0.40% Reduced -1.3k -1,305
19 CORRADO ADVISORS, LLC 0.62% of their portfolio RAMSEY, NJ 49,26349.3k $1.2m $1.2m 0.62% Added +4.1k +4,081
20 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 46,56046.6k $1.1m $1.1m 0.00% Reduced -6.0k -6,050
21 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 43,37843.4k $1.0m $1.0m 0.00% Added +25.8k +25,758
22 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 36,23236.2k $851.1k $851.1k 0.00% Added +5.0k +5,024
23 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 33,15633.2k $778.8k $778.8k 0.00% Added +20.1k +20,130
24 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 33,00033.0k $775.2k $775.2k 0.00% Added +17.6k +17,600
25 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 31,66831.7k $744.0k $744.0k 0.00% Reduced -5.7k -5,694
26 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 28,08028.1k $659.6k $659.6k 0.00% Added +1.1k +1,122
27 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 27,80027.8k $653.0k $653.0k 0.00% Unchanged
28 COMERICA BANK 0.00% of their portfolio DALLAS, TX 26,41426.4k $620.5k $620.5k 0.00% Reduced -100 -100
29 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 25,34425.3k $595.3k $595.3k 0.02% Added +2.1k +2,117
30 Summit Financial, LLC 0.01% of their portfolio PARSIPPANY, NJ 24,58224.6k $577.4k $577.4k 0.01% Reduced -1.1k -1,099
31 Fielder Capital Group LLC 0.12% of their portfolio NASHVILLE, TN 21,89621.9k $514.3k $514.3k 0.12% Added +4.1k +4,124
32 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 21,85521.9k $512.9k $512.9k 0.00% Added +955 +955
33 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 20,53520.5k $482.4k $482.4k 0.00% Added +8.7k +8,720
34 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 20,08020.1k $471.7k $471.7k 0.00% Reduced -14.0k -13,983
35 Tactive Advisors, LLC 0.13% of their portfolio Jacksonville, FL 19,38519.4k $455.4k $455.4k 0.13% Reduced -475 -475
36 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 18,98719.0k $446.0k $446.0k 0.01% Added +137 +137
37 NTV Asset Management LLC 0.05% of their portfolio Charleston, WV 18,15018.1k $426.3k $426.3k 0.05% Unchanged
38 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 17,76517.8k $417.3k $417.3k 0.00% New
39 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 17,57317.6k $412.8k $412.8k 0.00% New
40 INTEGRITY WEALTH ADVISORS, INC. 0.15% of their portfolio Ventura, CA 17,43717.4k $409.6k $409.6k 0.15% Reduced -142 -142
41 Main Street Financial Solutions, LLC 0.03% of their portfolio NEWTOWN, PA 16,97917.0k $398.8k $398.8k 0.03% Unchanged
42 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 16,88216.9k $396.6k $396.6k 0.00% Reduced -2.0k -2,014
43 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.05% of their portfolio CONCORD, MA 16,48416.5k $387.2k $387.2k 0.05% Reduced -7.8k -7,850
44 Pekin Hardy Strauss, Inc. 0.04% of their portfolio CHICAGO, IL 16,14516.1k $379.2k $379.2k 0.04% Added +275 +275
45 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 14,36514.4k $337.4k $337.4k 0.00% Added +3.4k +3,430
46 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 13,46513.5k $316.3k $316.3k 0.00% Reduced -13.9k -13,899
47 Capital Square, LLC 0.16% of their portfolio ATHENS, TN 13,26013.3k $311.5k $311.5k 0.16% Added +693 +693
48 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 12,90012.9k $303.0k $303.0k 0.00% New
49 Moors & Cabot, Inc. 0.01% of their portfolio BOSTON, MA 12,71012.7k $298.6k $298.6k 0.01% Added +1.3k +1,275
50 Guardian Asset Advisors, LLC 0.16% of their portfolio MECHANICSBURG, PA 12,54912.5k $294.7k $294.7k 0.16% Reduced -1.5k -1,466
51 JBR Co Financial Management Inc 0.12% of their portfolio ARDMORE, OK 11,99012.0k $281.6k $281.6k 0.12% Reduced -3.8k -3,839
52 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 11,73211.7k $275.6k $275.6k 0.00% Reduced -8.1k -8,134
53 ONE PLUS ONE WEALTH MANAGEMENT, LLC 0.13% of their portfolio JUPITER, FL 11,18111.2k $262.6k $262.6k 0.13% Unchanged
54 BECK CAPITAL MANAGEMENT, LLC 0.06% of their portfolio AUSTIN, TX 10,43810.4k $245.2k $245.2k 0.06% New
55 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 10,32310.3k $242.5k $242.5k 0.01% New
56 Proficio Capital Partners LLC 0.02% of their portfolio NEWTON, MA 10,14010.1k $238.2k $238.2k 0.02% Reduced -75.3k -75,345
57 Daiwa Securities Group Inc. 0.00% of their portfolio CHIYODA-KU,TOKYO, M0 10,10010.1k $237.0k $237.0k 0.00% Unchanged
58 PACK Private Wealth, LLC 0.11% of their portfolio WAYZATA, MN 9,8639.9k $231.7k $231.7k 0.11% New
59 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 9,5399.5k $227.8k $227.8k 0.00% Reduced -681 -681
60 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio ORLANDO, FL 9,4099.4k $218.3k $218.3k 0.02% Unchanged
61 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 9,3989.4k $220.8k $220.8k 0.00% New
62 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 9,0689.1k $213.0k $213.0k 0.00% Reduced -3.9k -3,863
63 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 9,0529.1k $212.6k $212.6k 0.01% Reduced -52.6k -52,557
64 National Philanthropic Trust 0.00% of their portfolio Jenkintown, PA 8,7928.8k $206.5k $206.5k 0.00% Unchanged
65 FMR LLC 0.00% of their portfolio BOSTON, MA 5,9566.0k $139.9k $139.9k 0.00% Added +5.8k +5,751
66 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 4,8704.9k $114.4k $114.4k 0.00% Reduced -739 -739
67 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 4,2634.3k $100.1k $100.1k 0.00% Unchanged
68 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 3,7453.7k $88.0k $88.0k 0.00% Added +1.0k +1,040
69 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 3,5663.6k $83.8k $83.8k 0.00% Added +87 +87
70 ADIRONDACK TRUST CO 0.02% of their portfolio SARATOGA SPRINGS, NY 2,7992.8k $65.7k $65.7k 0.02% Reduced -24 -24
71 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 2,2372.2k $52.5k $52.5k 0.00% Added +162 +162
72 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,7641.8k $41.4k $41.4k 0.00% Reduced -757 -757
73 Founders Financial Alliance, LLC 0.01% of their portfolio RALEIGH, NC 1,7501.8k $41.1k $41.1k 0.01% Unchanged
74 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,5831.6k $37.2k $37.2k 0.00% New
75 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 1,5751.6k $37.0k $37.0k 0.00% Reduced -1.5k -1,500
76 HighMark Wealth Management LLC 0.01% of their portfolio ST. PAUL, MN 1,4501.4k $34.1k $34.1k 0.01% Unchanged
77 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 1,4001.4k $32.9k $32.9k 0.00% Reduced -400 -400
78 Vermillion Wealth Management, Inc. 0.01% of their portfolio ROSEMOUNT, MN 1,2301.2k $28.9k $28.9k 0.01% Added +9 +9
79 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 1,2111.2k $28.4k $28.4k 0.00% Reduced -3.8k -3,769
80 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.00% of their portfolio CINCINNATI, OH 900900 $21.1k $21.1k 0.00% Unchanged
81 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 780780 $18.3k $18.3k 0.00% Unchanged
82 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 728728 $17.0k $17.0k 0.00% Reduced -4.9k -4,927
83 Aventura Private Wealth, LLC 0.00% of their portfolio AVENTURA, FL 529529 $12.4k $12.4k 0.00% Unchanged
84 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 500500 $11.7k $11.7k 0.00% Unchanged
85 FWL INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio Dallas, TX 345345 $8.1k $8.1k 0.00% Unchanged
86 Financial Perspectives, Inc 0.00% of their portfolio MINNEAPOLIS, MN 324324 $7.6k $7.6k 0.00% Unchanged
87 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 320320 $7.5k $7.5k 0.00% New
88 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 250250 $6.1k $6.1k 0.00% New
89 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 250250 $6.0k $6.0k 0.00% New
90 Global Trust Asset Management, LLC 0.00% of their portfolio PALM BEACH GARDENS, FL 240240 $5.6k $5.6k 0.00% Unchanged
91 Painted Porch Advisors LLC 0.00% of their portfolio SANTA BARBARA, CA 205205 $4.8k $4.8k 0.00% Unchanged
92 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 157157 $3.7k $3.7k 0.00% Added +156 +156
93 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 150150 $3.5k $3.5k 0.00% Unchanged
94 BARRETT & COMPANY, INC. 0.00% of their portfolio PROVIDENCE, RI 100100 $2.3k $2.3k 0.00% Unchanged
95 Legacy Wealth Managment, LLC/ID 0.00% of their portfolio BOISE, ID 4040 $940 $940 0.00% Reduced -10 -10
96 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 33 $70 $70 0.00% Unchanged
97 Strategic Wealth Partners, Ltd. 0.00% of their portfolio INDEPENDENCE, OH 11 $20 $20 0.00% Unchanged
98 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 00 $20 $20 0.00% Reduced -106 -106
99 Creekmur Asset Management LLC 0.00% of their portfolio MORTON, IL 00 $1 $1 0.00% Unchanged