Vault-13

FIRST TR NAS100 EQ WEIGHTED QQEW

SHS · ETP · CUSIP 337344105

247 institutional holders +10 vs Q3 2025
8,642,2598.6m shares reported held*
$1.2bnreported value*
23 new 79 added 77 reduced 19 sold out net sold ≈ $16.2m (-114.0k 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 ($930.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $142.16. Options: 1 managers hold calls ($227.4k notional), 0 hold puts (—).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 154Q4 22: 165Q1 23: 170Q2 23: 199Q3 23: 201Q4 23: 231Q1 24: 227Q2 24: 233Q3 24: 223Q4 24: 245Q1 25: 239Q2 25: 244Q3 25: 237Q4 25: 247247Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022154
Q4 2022165
Q1 2023170
Q2 2023199
Q3 2023201
Q4 2023231
Q1 2024227
Q2 2024233
Q3 2024223
Q4 2024245
Q1 2025239
Q2 2025244
Q3 2025237
Q4 2025247

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 108 bought or addedQ1 24: 97 cut or sold outQ2 24: 89 bought or addedQ2 24: 114 cut or sold outQ2 24Q3 24: 78 bought or addedQ3 24: 113 cut or sold outQ4 24: 95 bought or addedQ4 24: 93 cut or sold outQ4 24Q1 25: 82 bought or addedQ1 25: 118 cut or sold outQ2 25: 94 bought or addedQ2 25: 120 cut or sold outQ2 25Q3 25: 90 bought or addedQ3 25: 109 cut or sold outQ4 25: 102 bought or addedQ4 25: 96 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202410897
Q2 202489114
Q3 202478113
Q4 20249593
Q1 202582118
Q2 202594120
Q3 202590109
Q4 202510296

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ1 25 calls: $774.0kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $227.4kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$774.0k$00.00
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$227.4k$00.00

Biggest buyers

GOLDMAN SACHS GROUP INC Added +149,724+149.7k
BIP Wealth, LLC Added +112,475+112.5k
Corient Private Wealth LP Added +85,691+85.7k
WELLS FARGO & COMPANY/MN Added +84,828+84.8k
AXXCESS WEALTH MANAGEMENT, LLC New +55,214+55.2k
TWO SIGMA INVESTMENTS, LP Added +17,700+17.7k
Rockefeller Capital Management L.P. Added +15,375+15.4k
STIFEL FINANCIAL CORP Added +14,303+14.3k
Cambridge Investment Research Advisors, Inc. Added +12,416+12.4k
LPL Financial LLC Added +11,494+11.5k

Biggest sellers

JP Wealth Management, Inc. Sold out -126,339-126.3k
Strategic Blueprint, LLC Sold out -110,737-110.7k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -93,395-93.4k
JPMORGAN CHASE & CO Reduced -80,708-80.7k
RAYMOND JAMES FINANCIAL INC Reduced -72,346-72.3k
BANK OF AMERICA CORP /DE/ Reduced -47,324-47.3k
Integrated Wealth Concepts LLC Reduced -38,486-38.5k
HighTower Advisors, LLC Reduced -27,121-27.1k
CITADEL ADVISORS LLC Sold out -26,102-26.1k
POLEN CAPITAL MANAGEMENT LLC Sold out -22,529-22.5k

Biggest calls

CITADEL ADVISORS LLC New $227.4k1.6k shares

Biggest puts

None

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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,512,7471.5m $215.0m $215.0m 0.01% Reduced -19.0k -19,000
2 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,072,6341.1m $152.5m $152.5m 0.03% Added +84.8k +84,828
3 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 728,724728.7k $103.6m $103.6m 0.03% Reduced -72.3k -72,346
4 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 687,617687.6k $97.7m $97.7m 0.03% Added +11.5k +11,494
5 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 325,369325.4k $46.2m $46.2m 0.01% Added +7.7k +7,663
6 Gratus Wealth Advisors, LLC 5.34% of their portfolio VIRGINIA BEACH, VA 271,074271.1k $38.5m $38.5m 5.34% Added +2.5k +2,481
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 268,869268.9k $38.2m $38.2m 0.01% Reduced -2.5k -2,539
8 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 190,189190.2k $27.0m $27.0m 0.02% Added +14.3k +14,303
9 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 181,453181.5k $26.0m $26.0m 0.02% Added +85.7k +85,691
10 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 179,894179.9k $25.6m $25.6m 0.00% Added +149.7k +149,724
11 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 177,089177.1k $25.2m $25.2m 0.07% Added +12.4k +12,416
12 OSAIC HOLDINGS, INC. 0.03% of their portfolio SCOTTSDALE, AZ 132,161132.2k $18.8m $18.8m 0.03% Reduced -10.5k -10,469
13 Kestra Advisory Services, LLC 0.08% of their portfolio AUSTIN, TX 129,599129.6k $18.4m $18.4m 0.08% Added +5.8k +5,778
14 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 128,149128.1k $18.2m $18.2m 0.02% Reduced -178 -178
15 BIP Wealth, LLC 0.59% of their portfolio ATLANTA, GA 116,729116.7k $16.6m $16.6m 0.59% Added +112.5k +112,475
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 103,472103.5k $14.7m $14.7m 0.00% Reduced -47.3k -47,324
17 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 98,81098.8k $14.0m $14.0m 0.00% Added +1.7k +1,727
18 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 92,92392.9k $13.2m $13.2m 0.02% Reduced -93.4k -93,395
19 Virtus Wealth Solutions LLC 2.33% of their portfolio CRANFORD, NJ 86,21286.2k $12.3m $12.3m 2.33% Added +287 +287
20 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 74,55574.6k $10.6m $10.6m 0.03% Added +2.2k +2,221
21 CX Institutional 0.30% of their portfolio AUBURN, IN 70,86470.9k $10.1m $10.1m 0.30% Added +3.1k +3,107
22 New England Private Wealth Advisors LLC 1.23% of their portfolio WELLESLEY, MA 69,38569.4k $9.9m $9.9m 1.23% Reduced -209 -209
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 59,63459.6k $8.5m $8.5m 0.00% Reduced -80.7k -80,708
24 Granite Bay Wealth Management, LLC 1.98% of their portfolio PORTSMOUTH, NH 57,38757.4k $8.2m $8.2m 1.98% Added +1.8k +1,750
25 Darwin Wealth Management, LLC 2.51% of their portfolio TAMPA, FL 56,73756.7k $8.1m $8.1m 2.51% Added +3.6k +3,558
26 AXXCESS WEALTH MANAGEMENT, LLC 0.14% of their portfolio CARLSBAD, CA 55,21455.2k $7.8m $7.8m 0.14% New
27 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 52,48652.5k $7.5m $7.5m 0.01% Reduced -937 -937
28 Frisch Financial Group, Inc. 1.66% of their portfolio MELVILLE, NY 52,00752.0k $7.4m $7.4m 1.66% Reduced -1.3k -1,290
29 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 51,84351.8k $7.4m $7.4m 0.01% Reduced -27.1k -27,121
30 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 44,81844.8k $6.4m $6.4m 0.00% Added +7.4k +7,365
31 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 42,72942.7k $6.1m $6.1m 0.00% Added +4.1k +4,052
32 Davis Investment Partners, LLC 2.02% of their portfolio CHARLOTTE, NC 40,81940.8k $5.8m $5.8m 2.02% Reduced -48 -48
33 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 40,51640.5k $5.8m $5.8m 0.01% Added +15.4k +15,375
34 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 39,30039.3k $5.6m $5.6m 0.01% Added +17.7k +17,700
35 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 37,32937.3k $5.3m $5.3m 0.01% Reduced -2.5k -2,546
36 NTV Asset Management LLC 0.55% of their portfolio Charleston, WV 36,61036.6k $5.2m $5.2m 0.55% Reduced -1.8k -1,800
37 Shakespeare Wealth Management, LLC 1.10% of their portfolio Pewaukee, WI 34,96135.0k $5.0m $5.0m 1.10% Reduced -211 -211
38 Vestmark Advisory Solutions, Inc. 0.07% of their portfolio Wakefield, MA 34,41334.4k $4.9m $4.9m 0.07% Added +5.0k +5,011
39 Crumly & Associates Inc. 0.98% of their portfolio SPRINGFIELD, IL 32,93332.9k $4.7m $4.7m 0.98% Reduced -1.4k -1,377
40 B. Riley Wealth Advisors, Inc. 0.22% of their portfolio MEMPHIS, TN 32,56732.6k $4.6m $4.6m 0.22% Added +1.1k +1,058
41 Geneos Wealth Management Inc. 0.11% of their portfolio ENGLEWOOD, CO 31,38431.4k $4.5m $4.5m 0.11% Reduced -145 -145
42 Cresset Asset Management, LLC 0.02% of their portfolio Chicago, IL 31,12431.1k $4.4m $4.4m 0.02% Added +164 +164
43 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 30,93430.9k $4.4m $4.4m 0.00% Reduced -8.2k -8,235
44 CHOREO, LLC 0.05% of their portfolio ROCKFORD, IL 26,75526.8k $3.8m $3.8m 0.05% Reduced -2.9k -2,909
45 COZAD ASSET MANAGEMENT INC 0.27% of their portfolio CHAMPAIGN, IL 24,70224.7k $3.5m $3.5m 0.27% Reduced -447 -447
46 GUARDIAN WEALTH ADVISORS, LLC / NC 0.22% of their portfolio RALEIGH, NC 24,61424.6k $3.5m $3.5m 0.22% Added +205 +205
47 Prospera Financial Services Inc 0.05% of their portfolio Dallas, TX 23,57023.6k $3.4m $3.4m 0.05% Reduced -888 -888
48 DAVENPORT & Co LLC 0.02% of their portfolio RICHMOND, VA 23,04423.0k $3.3m $3.3m 0.02% Reduced -1.0k -1,048
49 WealthBridge Capital Management, LLC 0.71% of their portfolio WESTERVILLE, OH 21,84521.8k $3.1m $3.1m 0.71% Added +1.5k +1,468
50 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 21,07021.1k $3.0m $3.0m 0.01% Reduced -1.1k -1,088
51 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 20,82420.8k $3.0m $3.0m 0.02% Added +1.1k +1,116
52 Clear Creek Financial Management, LLC 0.24% of their portfolio SILVERDALE, WA 20,50020.5k $2.9m $2.9m 0.24% Reduced -732 -732
53 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 20,33520.3k $2.9m $2.9m 0.03% Reduced -38.5k -38,486
54 INDEPENDENT FINANCIAL GROUP, LLC 0.06% of their portfolio SAN DIEGO, CA 20,20620.2k $2.9m $2.9m 0.06% Reduced -304 -304
55 KESTRA PRIVATE WEALTH SERVICES, LLC 0.03% of their portfolio AUSTIN, TX 19,68119.7k $2.8m $2.8m 0.03% Added +28 +28
56 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 19,49219.5k $2.8m $2.8m 0.00% Reduced -1.0k -1,016
57 Spire Wealth Management 0.09% of their portfolio MCLEAN, VA 19,34019.3k $2.7m $2.7m 0.09% Unchanged
58 Sound Financial Strategies Group, LLC 1.90% of their portfolio MADISON, MS 18,95819.0k $2.7m $2.7m 1.90% Reduced -77 -77
59 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 18,80718.8k $2.7m $2.7m 0.02% Reduced -13.3k -13,258
60 Baker Avenue Asset Management, LP 0.06% of their portfolio SAN FRANCISCO, CA 18,58418.6k $2.6m $2.6m 0.06% Reduced -398 -398
61 Sowell Financial Services LLC 0.09% of their portfolio NORTH LITTLE ROCK, AR 18,09118.1k $2.6m $2.6m 0.09% Added +20 +20
62 Atlas Private Wealth Advisors 0.60% of their portfolio RED BANK, NJ 17,99018.0k $2.6m $2.6m 0.60% Reduced -5.2k -5,244
63 Arkadios Wealth Advisors 0.05% of their portfolio ATLANTA, GA 17,92117.9k $2.5m $2.5m 0.05% Added +1.9k +1,944
64 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 16,77216.8k $2.4m $2.4m 0.01% Reduced -979 -979
65 IronBridge Private Wealth, LLC 0.75% of their portfolio Austin, TX 16,72116.7k $2.4m $2.4m 0.75% Unchanged
66 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 14,90914.9k $2.1m $2.1m 0.01% Added +53 +53
67 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 14,09614.1k $2.0m $2.0m 0.02% Added +1.2k +1,169
68 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 13,44713.4k $1.9m $1.9m 0.01% Reduced -671 -671
69 STEPHENS INC /AR/ 0.02% of their portfolio LITTLE ROCK, AR 13,32913.3k $1.9m $1.9m 0.02% Unchanged
70 MARSHALL INVESTMENT MANAGEMENT, LLC 0.94% of their portfolio LITTLETON, CO 13,16213.2k $1.9m $1.9m 0.94% Reduced -3.0k -3,042
71 CARY STREET PARTNERS FINANCIAL LLC 0.05% of their portfolio RICHMOND, VA 12,97713.0k $1.8m $1.8m 0.05% Added +1.5k +1,458
72 Bawa N Mallick Trust 0.63% of their portfolio FOREST HILLS, NY 12,00412.0k $1.7m $1.7m 0.63% Added +2 +2
73 Moors & Cabot, Inc. 0.07% of their portfolio BOSTON, MA 11,70811.7k $1.7m $1.7m 0.07% Added +409 +409
74 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 10,96011.0k $1.6m $1.6m 0.00% Added +195 +195
75 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 10,93910.9k $1.6m $1.6m 0.01% Added +1.5k +1,458
76 Gateway Wealth Partners, LLC 0.17% of their portfolio APPLETON, WI 10,84810.8k $1.5m $1.5m 0.17% Reduced -199 -199
77 BURKE & HERBERT BANK & TRUST CO 0.40% of their portfolio ALEXANDRIA, VA 10,07810.1k $1.4m $1.4m 0.40% Reduced -3.2k -3,170
78 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.10% of their portfolio ORLANDO, FL 10,05310.1k $1.4m $1.4m 0.10% Added +65 +65
79 Sachetta, LLC 0.75% of their portfolio LYNNFIELD, MA 9,5989.6k $1.4m $1.4m 0.75% Reduced -357 -357
80 Ameritas Advisory Services, LLC 0.05% of their portfolio Lincoln, NE 9,3599.4k $1.3m $1.3m 0.05% Added +9.2k +9,215
81 Larry Mathis Financial Planning, LLC 1.12% of their portfolio PHOENIX, AZ 9,2719.3k $1.3m $1.3m 1.12% First filing
82 Ausdal Financial Partners, Inc. 0.06% of their portfolio Davenport, IA 9,0849.1k $1.3m $1.3m 0.06% Reduced -238 -238
83 Zullo Investment Group, Inc. 0.45% of their portfolio SCRANTON, PA 8,6508.7k $1.2m $1.2m 0.45% Unchanged
84 PARK NATIONAL CORP /OH/ 0.04% of their portfolio NEWARK, OH 8,4008.4k $1.2m $1.2m 0.04% Reduced -141 -141
85 SCOTIA CAPITAL INC. 0.00% of their portfolio TORONTO, A6 8,3768.4k $1.2m $1.2m 0.00% Reduced -852 -852
86 Richard W. Paul & Associates, LLC 0.38% of their portfolio NOVI, MI 8,1358.1k $1.2m $1.2m 0.38% Reduced -3.4k -3,379
87 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 7,7677.8k $1.1m $1.1m 0.01% Reduced -14 -14
88 Purus Wealth Management, LLC 0.34% of their portfolio Newport Beach, CA 7,6557.7k $1.1m $1.1m 0.34% Reduced -306 -306
89 FOUNDERS FINANCIAL SECURITIES LLC 0.06% of their portfolio TOWSON, MD 7,4697.5k $1.1m $1.1m 0.06% Added +3.2k +3,227
90 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 7,3487.3k $1.0m $1.0m 0.00% Added +24 +24
91 Dana Investment Advisors, Inc. 0.03% of their portfolio BROOKFIELD, WI 7,0487.0k $1.0m $1.0m 0.03% Reduced -317 -317
92 Mariner, LLC 0.00% of their portfolio Overland Park, KS 6,9376.9k $985.9k $985.9k 0.00% Added +137 +137
93 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 6,7746.8k $962.7k $962.7k 0.01% Reduced -506 -506
94 Plotkin Financial Advisors, LLC 0.47% of their portfolio CHEVY CHASE, MD 6,7566.8k $960.2k $960.2k 0.47% Unchanged
95 Kovack Advisors, Inc. 0.04% of their portfolio FT. LAUDERDALE, FL 6,1856.2k $879.1k $879.1k 0.04% New
96 CENTAURUS FINANCIAL, INC. 0.04% of their portfolio ANAHEIM, CA 6,0766.1k $864.0k $864.0k 0.04% Added +98 +98
97 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 6,0636.1k $862.6k $862.6k 0.01% Reduced -103 -103
98 360 Financial, Inc. 0.25% of their portfolio WAYZATA, MN 5,8495.8k $831.4k $831.4k 0.25% Unchanged
99 ELEVATION POINT WEALTH PARTNERS, LLC 0.04% of their portfolio DENVER, CO 5,8165.8k $826.6k $826.6k 0.04% Reduced -15.9k -15,866
100 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 5,7925.8k $823.2k $823.2k 0.00% Unchanged