Vault-13

FIRST TR EXCHANGE-TRADED ALP FAD

COM SHS · ETP · CUSIP 33733F101

82 institutional holders +4 vs Q2 2025
1,420,2211.4m shares reported held*
$227.6mreported value*
9 new 31 added 27 reduced 4 sold out net bought ≈ $28.8m (+179.4k 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 ≈ $160.29.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 47Q4 22: 57Q1 23: 54Q2 23: 53Q3 23: 59Q4 23: 57Q1 24: 57Q2 24: 60Q3 24: 67Q4 24: 73Q1 25: 72Q2 25: 78Q3 25: 8282Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202247
Q4 202257
Q1 202354
Q2 202353
Q3 202359
Q4 202357
Q1 202457
Q2 202460
Q3 202467
Q4 202473
Q1 202572
Q2 202578
Q3 202582

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 23: 21 bought or addedQ4 23: 32 cut or sold outQ1 24: 24 bought or addedQ1 24: 27 cut or sold outQ1 24Q2 24: 26 bought or addedQ2 24: 23 cut or sold outQ3 24: 31 bought or addedQ3 24: 26 cut or sold outQ3 24Q4 24: 29 bought or addedQ4 24: 26 cut or sold outQ1 25: 32 bought or addedQ1 25: 21 cut or sold outQ1 25Q2 25: 36 bought or addedQ2 25: 27 cut or sold outQ3 25: 40 bought or addedQ3 25: 31 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232132
Q1 20242427
Q2 20242623
Q3 20243126
Q4 20242926
Q1 20253221
Q2 20253627
Q3 20254031

Biggest buyers

MORGAN STANLEY Added +93,900+93.9k
OSAIC HOLDINGS, INC. Added +43,734+43.7k
Synergy Investment Management, LLC New +26,270+26.3k
LPL Financial LLC Added +24,559+24.6k
CITADEL ADVISORS LLC Added +17,431+17.4k
WELLS FARGO & COMPANY/MN Added +6,441+6.4k
Private Advisory Group LLC New +5,264+5.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +5,105+5.1k
Sanctuary Advisors, LLC Added +4,200+4.2k
Kestra Advisory Services, LLC Added +2,705+2.7k

Biggest sellers

ROYAL BANK OF CANADA Reduced -23,206-23.2k
RAYMOND JAMES FINANCIAL INC Reduced -16,905-16.9k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -6,026-6.0k
TWO SIGMA INVESTMENTS, LP Sold out -5,500-5.5k
LANARK FINANCIAL, INC. Reduced -3,725-3.7k
Virtu Financial LLC Sold out -2,623-2.6k
Creative Planning Reduced -2,397-2.4k
GOLDMAN SACHS GROUP INC Reduced -1,870-1.9k
UBS Group AG Reduced -1,513-1.5k
BANK OF AMERICA CORP /DE/ Reduced -1,361-1.4k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 296,332296.3k $47.6m $47.6m 0.00% Added +93.9k +93,900
2 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 130,278130.3k $20.9m $20.9m 0.00% Added +6.4k +6,441
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 126,407126.4k $20.3m $20.3m 0.01% Added +24.6k +24,559
4 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 117,647117.6k $18.9m $18.9m 0.01% Reduced -16.9k -16,905
5 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 59,15559.2k $9.5m $9.5m 0.01% Reduced -6.0k -6,026
6 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 51,12551.1k $8.2m $8.2m 0.01% Added +2.5k +2,478
7 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 50,00050.0k $8.0m $8.0m 0.00% Reduced -1.9k -1,870
8 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 48,35148.4k $7.5m $7.5m 0.01% Added +43.7k +43,734
9 Plotkin Financial Advisors, LLC 3.62% of their portfolio CHEVY CHASE, MD 45,63245.6k $7.3m $7.3m 3.62% Added +30 +30
10 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 35,42635.4k $5.7m $5.7m 0.01% Added +5.1k +5,105
11 RPg Family Wealth Advisory, LLC 1.15% of their portfolio BURLINGTON, MA 32,63932.6k $5.2m $5.2m 1.15% Added +116 +116
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 30,35830.4k $4.9m $4.9m 0.00% Reduced -1.4k -1,361
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 27,12027.1k $4.4m $4.4m 0.00% Reduced -23.2k -23,206
14 Synergy Investment Management, LLC 1.61% of their portfolio ALTAMONTE SPRINGS, FL 26,27026.3k $4.2m $4.2m 1.61% New
15 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 25,42825.4k $4.1m $4.1m 0.00% Reduced -2.4k -2,397
16 Wealth Management Partners, LLC 1.26% of their portfolio TUCSON, AZ 24,69724.7k $4.0m $4.0m 1.26% Added +705 +705
17 Geneos Wealth Management Inc. 0.09% of their portfolio ENGLEWOOD, CO 21,58221.6k $3.5m $3.5m 0.09% Added +1.0k +1,020
18 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 20,01120.0k $3.2m $3.2m 0.00% Added +17.4k +17,431
19 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 16,50516.5k $2.6m $2.6m 0.00% Added +1.8k +1,751
20 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 14,13314.1k $2.3m $2.3m 0.01% Added +137 +137
21 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 14,11814.1k $2.3m $2.3m 0.00% Reduced -117 -117
22 WCG Wealth Advisors LLC 0.14% of their portfolio LAS VEGAS, NV 13,87113.9k $2.2m $2.2m 0.14% Added +203 +203
23 UBS Group AG 0.00% of their portfolio ZURICH, V8 12,63312.6k $2.0m $2.0m 0.00% Reduced -1.5k -1,513
24 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 12,43512.4k $2.0m $2.0m 0.00% Added +1.3k +1,300
25 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 11,01211.0k $1.8m $1.8m 0.00% Added +223 +223
26 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 10,75110.8k $1.7m $1.7m 0.00% Added +795 +795
27 Stonebridge Financial Planning Group, LLC 0.62% of their portfolio ORLANDO, FL 10,25410.3k $1.6m $1.6m 0.62% Reduced -318 -318
28 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,00310.0k $1.6m $1.6m 0.00% Added +1.2k +1,231
29 Fifth Third Securities, Inc. 0.11% of their portfolio Cincinnati, OH 9,99310.0k $1.6m $1.6m 0.11% Reduced -416 -416
30 626 Financial, LLC 0.66% of their portfolio PORTAGE, MI 9,2689.3k $1.5m $1.5m 0.66% Reduced -250 -250
31 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 8,8808.9k $1.4m $1.4m 0.01% Added +2.7k +2,705
32 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 8,3138.3k $1.2m $1.2m 0.00% Added +4.2k +4,200
33 IFP Advisors, Inc 0.03% of their portfolio TAMPA, FL 6,8926.9k $1.1m $1.1m 0.03% Reduced -49 -49
34 Certified Advisory Corp 0.10% of their portfolio ALTAMONTE SPRINGS, FL 6,2816.3k $1.0m $1.0m 0.10% Reduced -102 -102
35 Proactive Wealth Strategies LLC 0.37% of their portfolio MARIETTA, GA 5,3215.3k $854.2k $854.2k 0.37% Added +3 +3
36 Private Advisory Group LLC 0.07% of their portfolio REDMOND, WA 5,2645.3k $845.1k $845.1k 0.07% New
37 Apeiron RIA LLC 0.19% of their portfolio Dallas, TX 5,2195.2k $842.6k $842.6k 0.19% Added +48 +48
38 Golden State Wealth Management, LLC 0.09% of their portfolio SANTA ANA, CA 5,1685.2k $829.7k $829.7k 0.09% Reduced -8 -8
39 WILLNER & HELLER, LLC 0.63% of their portfolio ENCINO, CA 5,0875.1k $816.7k $816.7k 0.63% Added +16 +16
40 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 4,4654.5k $716.8k $716.8k 0.02% Added +1.1k +1,118
41 NWAM LLC 0.03% of their portfolio MERCER ISLAND, WA 3,8583.9k $629.9k $629.9k 0.03% Unchanged
42 Aviance Capital Partners, LLC 0.06% of their portfolio NAPLES, FL 2,9753.0k $477.6k $477.6k 0.06% Unchanged
43 L. Roy Papp & Associates, LLP 0.05% of their portfolio Phoenix, AZ 2,5962.6k $416.8k $416.8k 0.05% Unchanged
44 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 2,4662.5k $395.9k $395.9k 0.01% Reduced -52 -52
45 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 2,3932.4k $384.2k $384.2k 0.00% Added +31 +31
46 Gateway Wealth Partners, LLC 0.05% of their portfolio APPLETON, WI 2,2072.2k $354.3k $354.3k 0.05% Reduced -194 -194
47 QTR Family Wealth, LLC 0.16% of their portfolio LAKE MARY, FL 2,0662.1k $331.6k $331.6k 0.16% Reduced -105 -105
48 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 1,9421.9k $313.1k $313.1k 0.00% Reduced -204 -204
49 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 1,9001.9k $305.0k $305.0k 0.00% Reduced -62 -62
50 PFG Advisors 0.01% of their portfolio Phoenix, AZ 1,8101.8k $290.6k $290.6k 0.01% Reduced -245 -245
51 Clearstead Advisors, LLC 0.00% of their portfolio CLEVELAND, OH 1,6331.6k $262.2k $262.2k 0.00% Unchanged
52 1ST SOURCE BANK 0.01% of their portfolio SOUTH BEND, IN 1,6061.6k $257.8k $257.8k 0.01% Unchanged
53 TCFG WEALTH MANAGEMENT, LLC 0.10% of their portfolio LAGUNA NIGUEL, CA 1,5101.5k $242.4k $242.4k 0.10% Unchanged
54 Advyzon Investment Management, LLC 0.04% of their portfolio LISLE, IL 1,5081.5k $242.1k $242.1k 0.04% New
55 TRUEFG, LLC 0.07% of their portfolio CEDAR PARK, TX 1,4741.5k $236.6k $236.6k 0.07% Reduced -302 -302
56 Betterment LLC 0.00% of their portfolio NEW YORK, NY 1,3911.4k $223.0k $223.0k 0.00% Unchanged
57 THOROUGHBRED FINANCIAL SERVICES, LLC 0.01% of their portfolio BRENTWOOD, TN 1,3491.3k $216.0k $216.0k 0.01% New
58 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 1,3211.3k $212.1k $212.1k 0.00% New
59 IFG Advisory, LLC 0.01% of their portfolio ATLANTA, GA 1,3101.3k $210.4k $210.4k 0.01% New
60 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 1,3091.3k $210.2k $210.2k 0.00% Added +1.1k +1,110
61 Ameritas Advisory Services, LLC 0.01% of their portfolio Lincoln, NE 1,2301.2k $197.5k $197.5k 0.01% Added +505 +505
62 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 972972 $156.1k $156.1k 0.00% Reduced -400 -400
63 CWM, LLC 0.00% of their portfolio OMAHA, NE 897897 $144.0k $144.0k 0.00% Reduced -1.1k -1,120
64 Smartleaf Asset Management LLC 0.01% of their portfolio BOSTON, MA 750750 $120.3k $120.3k 0.01% Unchanged
65 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 500500 $80.3k $80.3k 0.00% New
66 FMR LLC 0.00% of their portfolio BOSTON, MA 427427 $68.6k $68.6k 0.00% Added +70 +70
67 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 384384 $61.6k $61.6k 0.00% New
68 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 373373 $59.9k $59.9k 0.00% Added +247 +247
69 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 250250 $40.1k $40.1k 0.00% Unchanged
70 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 243243 $39.0k $39.0k 0.00% Unchanged
71 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 211211 $33.9k $33.9k 0.00% Unchanged
72 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 200200 $32.1k $32.1k 0.00% Reduced -65 -65
73 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 170170 $27.3k $27.3k 0.00% Reduced -3.7k -3,725
74 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 151151 $24.2k $24.2k 0.00% Added +101 +101
75 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 115115 $18.5k $18.5k 0.00% Added +23 +23
76 COMERICA BANK 0.00% of their portfolio DALLAS, TX 9292 $14.8k $14.8k 0.00% Reduced -12 -12
77 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 9090 $14.6k $14.6k 0.00% Unchanged
78 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 8484 $13.5k $13.5k 0.00% Unchanged
79 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 7878 $12.8k $12.8k 0.00% New
80 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 3434 $5.5k $5.5k 0.00% Unchanged
81 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 1616 $2.6k $2.6k 0.00% Unchanged
82 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 66 $963 $963 0.00% Reduced -2 -2