Vault-13

FIRST TR VALUE LINE DIVID IN FVD

SHS · ETP · CUSIP 33734H106

537 institutional holders +21 vs Q3 2023
198,791,133198.8m shares reported held*
$8.1bnreported value*
25 new 137 added 266 reduced 44 sold out net bought ≈ $451.1m (+11.1m 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 ($2.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $40.56. Options: 3 managers hold calls ($210.8k notional), 1 hold puts ($0).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 487Q4 22: 516Q1 23: 518Q2 23: 525Q3 23: 516Q4 23: 537537Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022487
Q4 2022516
Q1 2023518
Q2 2023525
Q3 2023516
Q4 2023537

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 239 bought or addedQ4 22: 196 cut or sold outQ4 22Q1 23: 232 bought or addedQ1 23: 224 cut or sold outQ1 23Q2 23: 228 bought or addedQ2 23: 236 cut or sold outQ2 23Q3 23: 200 bought or addedQ3 23: 270 cut or sold outQ3 23Q4 23: 162 bought or addedQ4 23: 310 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022239196
Q1 2023232224
Q2 2023228236
Q3 2023200270
Q4 2023162310

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $68.0kQ2 23 puts: $7.4mQ2 23P/C 108.09Q3 23 calls: $0Q3 23 puts: $7.0kQ3 23P/C —Q4 23 calls: $210.8kQ4 23 puts: $0Q4 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2023$0$0—
Q2 2023$68.0k$7.4m108.09
Q3 2023$0$7.0k—
Q4 2023$210.8k$00.00

Biggest buyers

MORGAN STANLEY Added +24,641,091+24.6m
JPMORGAN CHASE & CO Added +1,311,579+1.3m
HighTower Advisors, LLC Added +429,041+429.0k
Hobart Private Capital, LLC New +298,481+298.5k
COMMERCE BANK Added +276,876+276.9k
Trilogy Capital Inc. Added +105,538+105.5k
Private Advisor Group, LLC Added +97,907+97.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +79,868+79.9k
Coppell Advisory Solutions LLC Added +68,769+68.8k
Rockefeller Capital Management L.P. Added +55,515+55.5k

Biggest sellers

LPL Financial LLC Reduced -1,290,989-1.3m
OSAIC HOLDINGS, INC. Reduced -1,208,735-1.2m
UBS Group AG Reduced -970,134-970.1k
STIFEL FINANCIAL CORP Reduced -954,208-954.2k
Advance Capital Management, Inc. Reduced -931,407-931.4k
BANK OF AMERICA CORP /DE/ Reduced -864,792-864.8k
AMERIPRISE FINANCIAL INC Reduced -773,755-773.8k
RAYMOND JAMES & ASSOCIATES Reduced -597,531-597.5k
Stratos Wealth Partners, LTD. Reduced -539,614-539.6k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -438,607-438.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $202.8k5.0k shares
SIMPLEX TRADING, LLC New $8.0k200 shares
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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 54,326,54854.3m $2.2bn $2.2bn 0.10% Added +24.6m +24,641,091
2 LPL Financial LLC 0.53% of their portfolio FORT MILL, SC 21,338,22521.3m $865.5m $865.5m 0.53% Reduced -1.3m -1,290,989
3 WELLS FARGO & COMPANY/MN 0.11% of their portfolio SAN FRANCISCO, CA 9,467,7159.5m $384.0m $384.0m 0.11% Reduced -202.1k -202,108
4 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 8,201,8968.2m $332.7m $332.7m 0.04% Reduced -864.8k -864,792
5 AMERIPRISE FINANCIAL INC 0.10% of their portfolio MINNEAPOLIS, MN 8,005,2008.0m $324.7m $324.7m 0.10% Reduced -773.8k -773,755
6 Raymond James Financial Services Advisors, Inc. 0.43% of their portfolio ST. PETERSBURG, FL 6,454,4946.5m $261.8m $261.8m 0.43% Reduced -42.3k -42,319
7 UBS Group AG 0.10% of their portfolio ZURICH, V8 5,840,9365.8m $236.9m $236.9m 0.10% Reduced -970.1k -970,134
8 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 4,916,7884.9m $199.4m $199.4m 0.05% Reduced -313.1k -313,124
9 RAYMOND JAMES & ASSOCIATES 0.15% of their portfolio ST PETERSBURG, FL 4,914,8614.9m $199.3m $199.3m 0.15% Reduced -597.5k -597,531
10 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 3,916,9103.9m $158.9m $158.9m 0.07% Reduced -256.8k -256,821
11 COMMONWEALTH EQUITY SERVICES, LLC 0.27% of their portfolio WALTHAM, MA 3,621,6443.6m $146.9m $146.9m 0.27% Reduced -438.6k -438,607
12 OSAIC HOLDINGS, INC. 0.24% of their portfolio SCOTTSDALE, AZ 3,380,1973.4m $137.1m $137.1m 0.24% Reduced -1.2m -1,208,735
13 STIFEL FINANCIAL CORP 0.15% of their portfolio ST. LOUIS, MO 2,866,9642.9m $116.3m $116.3m 0.15% Reduced -954.2k -954,208
14 Cambridge Investment Research Advisors, Inc. 0.41% of their portfolio FAIRFIELD, IA 2,376,8602.4m $96.4m $96.4m 0.41% Reduced -433.7k -433,738
15 Baird Financial Group, Inc. 0.19% of their portfolio MILWAUKEE, WI 2,084,8792.1m $84.6m $84.6m 0.19% Added +11.5k +11,477
16 HighTower Advisors, LLC 0.14% of their portfolio CHICAGO, IL 2,014,9112.0m $81.7m $81.7m 0.14% Added +429.0k +429,041
17 TRUIST FINANCIAL CORP 0.10% of their portfolio CHARLOTTE, NC 1,542,7081.5m $62.6m $62.6m 0.10% Reduced -48.5k -48,524
18 Private Advisor Group, LLC 0.48% of their portfolio MORRISTOWN, NJ 1,533,2151.5m $62.2m $62.2m 0.48% Added +97.9k +97,907
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,454,1361.5m $59.0m $59.0m 0.00% Added +1.3m +1,311,579
20 Trilogy Capital Inc. 3.64% of their portfolio IRVINE, CA 1,449,2591.4m $58.8m $58.8m 3.64% Added +105.5k +105,538
21 Cetera Investment Advisers 0.37% of their portfolio SCHAUMBURG, IL 1,134,9421.1m $46.0m $46.0m 0.37% Reduced -143.9k -143,948
22 Kestra Advisory Services, LLC 0.37% of their portfolio AUSTIN, TX 1,131,9531.1m $45.9m $45.9m 0.37% Reduced -218.3k -218,340
23 AVANTAX ADVISORY SERVICES, INC. 0.45% of their portfolio DALLAS, TX 1,116,6691.1m $45.3m $45.3m 0.45% Reduced -37.2k -37,153
24 HARBOUR INVESTMENTS, INC. 1.69% of their portfolio MADISON, WI 1,008,0981.0m $40.9m $40.9m 1.69% Added +36.8k +36,819
25 Prospera Financial Services Inc 1.25% of their portfolio Dallas, TX 931,316931.3k $37.8m $37.8m 1.25% Reduced -12.6k -12,588
26 New England Private Wealth Advisors LLC 6.24% of their portfolio WELLESLEY, MA 833,877833.9k $33.8m $33.8m 6.24% Reduced -43.7k -43,719
27 Janney Montgomery Scott LLC 0.10% of their portfolio PHILADELPHIA, PA 794,580794.6k $32.2m $32.2m 0.10% Reduced -37.5k -37,518
28 Cetera Advisors LLC 0.44% of their portfolio DENVER, CO 790,672790.7k $32.1m $32.1m 0.44% Reduced -9.6k -9,636
29 Atria Wealth Solutions, Inc. 0.37% of their portfolio NEW YORK, NY 732,600732.6k $29.7m $29.7m 0.37% Reduced -215.8k -215,752
30 IFG Advisory, LLC 1.83% of their portfolio ATLANTA, GA 616,080616.1k $25.0m $25.0m 1.83% Added +2.4k +2,380
31 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 589,152589.2k $23.9m $23.9m 0.03% Reduced -109.8k -109,818
32 Octavia Wealth Advisors, LLC 4.18% of their portfolio CINCINNATI, OH 585,442585.4k $23.7m $23.7m 4.18% Added +10.7k +10,710
33 Advisory Alpha, LLC 1.08% of their portfolio HOLLAND, MI 581,414581.4k $23.6m $23.6m 1.08% Reduced -3.8k -3,769
34 Rehmann Capital Advisory Group 1.95% of their portfolio LANSING, MI 580,163580.2k $23.5m $23.5m 1.95% Added +17.6k +17,594
35 MML INVESTORS SERVICES, LLC 0.11% of their portfolio SPRINGFIELD, MA 569,243569.2k $23.1m $23.1m 0.11% Reduced -121.9k -121,853
36 Petix & Botte Co 6.79% of their portfolio LA MESA, CA 568,526568.5k $23.1m $23.1m 6.79% Added +5.7k +5,684
37 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 552,802552.8k $22.4m $22.4m 0.03% Reduced -59.6k -59,554
38 Stratos Wealth Partners, LTD. 0.40% of their portfolio BEACHWOOD, OH 526,171526.2k $21.3m $21.3m 0.40% Reduced -539.6k -539,614
39 BENJAMIN F. EDWARDS & COMPANY, INC. 0.42% of their portfolio ST. LOUIS, MO 516,008516.0k $20.9m $20.9m 0.42% Reduced -20.6k -20,616
40 PARK NATIONAL CORP /OH/ 0.84% of their portfolio NEWARK, OH 508,872508.9k $20.6m $20.6m 0.84% Added +20.8k +20,750
41 PNC Financial Services Group, Inc. 0.02% of their portfolio Pittsburgh, PA 490,701490.7k $19.9m $19.9m 0.02% Added +6.8k +6,792
42 Cetera Advisor Networks LLC 0.11% of their portfolio EL SEGUNDO, CA 488,355488.4k $19.8m $19.8m 0.11% Reduced -85.2k -85,153
43 NewEdge Advisors, LLC 0.19% of their portfolio NEW ORLEANS, LA 485,382485.4k $19.6m $19.6m 0.19% Added +7.9k +7,894
44 Kraft, Davis & Associates, LLC 5.81% of their portfolio St. Louis, MO 478,891478.9k $19.4m $19.4m 5.81% Reduced -25.3k -25,296
45 GDS Wealth Management 2.61% of their portfolio FLOWER MOUND, TX 477,891477.9k $19.4m $19.4m 2.61% Added +16.9k +16,881
46 BEACON FINANCIAL GROUP 2.36% of their portfolio DALLAS, TX 477,143477.1k $19.4m $19.4m 2.36% Added +36.5k +36,473
47 D.A. DAVIDSON & CO. 0.19% of their portfolio GREAT FALLS, MT 476,312476.3k $19.3m $19.3m 0.19% Reduced -1.0k -1,019
48 OBSIDIAN CIO, LLC 5.27% of their portfolio NEW YORK, NY 473,093473.1k $19.2m $19.2m 5.27% Added +27.2k +27,164
49 Mariner, LLC 0.05% of their portfolio Overland Park, KS 471,318471.3k $19.1m $19.1m 0.05% Reduced -202.3k -202,285
50 Pine Valley Investments Ltd Liability Co 1.51% of their portfolio MARLTON, NJ 441,842441.8k $17.9m $17.9m 1.51% Reduced -89 -89
51 Next Level Private LLC 9.64% of their portfolio HARRISON, NY 419,569419.6k $17.0m $17.0m 9.64% Reduced -10.9k -10,867
52 KESTRA PRIVATE WEALTH SERVICES, LLC 0.42% of their portfolio AUSTIN, TX 402,146402.1k $16.3m $16.3m 0.42% Reduced -106.3k -106,297
53 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 400,514400.5k $16.2m $16.2m 0.05% Added +55.5k +55,515
54 AE Wealth Management LLC 0.08% of their portfolio TOPEKA, KS 390,881390.9k $15.8m $15.8m 0.08% Reduced -158.1k -158,100
55 UNIONVIEW, LLC 13.13% of their portfolio SEATTLE, WA 360,490360.5k $14.6m $14.6m 13.13% Reduced -3.2k -3,179
56 BANK HAPOALIM BM 1.92% of their portfolio TEL AVIV, L3 346,000346.0k $14.0m $14.0m 1.92% Unchanged
57 Spire Wealth Management 0.46% of their portfolio MCLEAN, VA 342,923342.9k $13.8m $13.8m 0.46% Added +18.3k +18,298
58 IFP Advisors, Inc 0.65% of their portfolio TAMPA, FL 340,723340.7k $13.8m $13.8m 0.65% Added +23.4k +23,399
59 Higgins & Schmidt Wealth Strategies LLC 10.37% of their portfolio DENVER, CO 317,569317.6k $12.9m $12.9m 10.37% First filing
60 Apexium Financial, LP 0.92% of their portfolio Dallas, TX 314,859314.9k $12.8m $12.8m 0.92% Reduced -16.7k -16,737
61 Integrated Wealth Concepts LLC 0.21% of their portfolio WALTHAM, MA 311,558311.6k $12.6m $12.6m 0.21% Reduced -59.3k -59,342
62 Steward Partners Investment Advisory, LLC 0.17% of their portfolio STAMFORD, CT 308,578308.6k $12.5m $12.5m 0.17% Reduced -97.9k -97,926
63 VICTORY FINANCIAL GROUP, LLC 8.31% of their portfolio AUSTIN, TX 302,977303.0k $12.3m $12.3m 8.31% First filing
64 Advance Capital Management, Inc. 0.96% of their portfolio SOUTHFIELD, MI 300,261300.3k $12.2m $12.2m 0.96% Reduced -931.4k -931,407
65 Hobart Private Capital, LLC 4.01% of their portfolio CHARLOTTE, NC 298,481298.5k $12.1m $12.1m 4.01% New
66 Equitable Holdings, Inc. 0.15% of their portfolio NEW YORK, NY 295,124295.1k $12.0m $12.0m 0.15% Reduced -274.4k -274,409
67 Kaye Capital Management 5.33% of their portfolio EL SEGUNDO, CA 294,913294.9k $11.9m $11.9m 5.33% Reduced -24.4k -24,448
68 SILVER OAK SECURITIES, INCORPORATED 1.60% of their portfolio JACKSON, TN 294,179294.2k $11.9m $11.9m 1.60% Reduced -15.1k -15,136
69 ICA Group Wealth Management, LLC 2.66% of their portfolio DENVER, CO 294,047294.0k $11.9m $11.9m 2.66% Reduced -289.6k -289,621
70 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 289,433289.4k $11.7m $11.7m 0.03% Reduced -24.1k -24,124
71 Centurion Wealth Management LLC 4.99% of their portfolio Mclean, VA 287,959288.0k $11.7m $11.7m 4.99% Added +22.4k +22,431
72 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 287,416287.4k $11.7m $11.7m 0.02% Reduced -9.0k -8,963
73 COMMERCE BANK 0.08% of their portfolio KANSAS CITY, MO 285,223285.2k $11.6m $11.6m 0.08% Added +276.9k +276,876
74 Heck Capital Advisors, LLC 1.88% of their portfolio Rhinelander, WI 284,505284.5k $11.5m $11.5m 1.88% Reduced -3.6k -3,613
75 Dynamic Advisor Solutions LLC 0.42% of their portfolio PHOENIX, AZ 278,441278.4k $11.2m $11.2m 0.42% Added +6.6k +6,638
76 WINTRUST INVESTMENTS LLC 1.10% of their portfolio CHICAGO, IL 274,795274.8k $11.1m $11.1m 1.10% Reduced -3.6k -3,611
77 WEDBUSH SECURITIES INC 0.49% of their portfolio PASADENA, CA 271,943271.9k $11.0m $11.0m 0.49% Reduced -4.5k -4,473
78 Clear Creek Financial Management, LLC 1.74% of their portfolio SILVERDALE, WA 270,728270.7k $11.0m $11.0m 1.74% Added +3.2k +3,230
79 Envestnet Portfolio Solutions, Inc. 0.04% of their portfolio BERWYN, PA 263,040263.0k $10.7m $10.7m 0.04% Reduced -109.4k -109,436
80 BLAIR WILLIAM & CO/IL 0.04% of their portfolio CHICAGO, IL 260,039260.0k $10.5m $10.5m 0.04% Reduced -3.5k -3,467
81 Perennial Investment Advisors, LLC 1.69% of their portfolio Los Angeles, CA 250,819250.8k $10.2m $10.2m 1.69% Reduced -192.6k -192,580
82 IHT Wealth Management, LLC 0.43% of their portfolio Chicago, IL 238,146238.1k $9.7m $9.7m 0.43% Reduced -11.4k -11,439
83 WealthCare Investment Partners, LLC 5.06% of their portfolio PORTSMOUTH, RI 227,956228.0k $9.3m $9.3m 5.06% Added +5.3k +5,333
84 FLAGSTAR SECURITIES, INC 2.82% of their portfolio New York, NY 219,751219.8k $8.9m $8.9m 2.82% Reduced -1.3k -1,297
85 Focus Partners Advisor Solutions, LLC 0.41% of their portfolio SAINT LOUIS, MO 212,866212.9k $8.6m $8.6m 0.41% Reduced -25.9k -25,899
86 Olde Wealth Management, LLC 3.74% of their portfolio SAMMAMISH, WA 212,843212.8k $8.6m $8.6m 3.74% Added +9.1k +9,088
87 CWM, LLC 0.05% of their portfolio OMAHA, NE 210,780210.8k $8.5m $8.5m 0.05% Reduced -20.1k -20,082
88 Sowell Financial Services LLC 0.46% of their portfolio NORTH LITTLE ROCK, AR 208,298208.3k $8.4m $8.4m 0.46% Added +34.7k +34,657
89 Elevated Capital Advisors, LLC 2.64% of their portfolio SANDY, UT 207,850207.8k $8.4m $8.4m 2.64% Reduced -1.1k -1,079
90 STRATEGIC PLANNING GROUP, LLC 2.73% of their portfolio Bountiful, UT 203,159203.2k $8.2m $8.2m 2.73% First filing
91 1ST SOURCE BANK 0.49% of their portfolio SOUTH BEND, IN 200,701200.7k $8.1m $8.1m 0.49% Reduced -6.7k -6,693
92 Holistic Financial Partners 4.87% of their portfolio INDIANAPOLIS, IN 199,712199.7k $8.1m $8.1m 4.87% Reduced -9.8k -9,751
93 Western Wealth Management, LLC 0.58% of their portfolio GOLDEN, CO 198,704198.7k $8.1m $8.1m 0.58% Reduced -3.5k -3,457
94 PCG Wealth Advisors, LLC 4.47% of their portfolio OVERLAND PARK, KS 197,414197.4k $8.0m $8.0m 4.47% Reduced -33.3k -33,289
95 StoneX Group Inc. 0.78% of their portfolio NEW YORK, NY 192,539192.5k $7.8m $7.8m 0.78% Reduced -10.1k -10,062
96 BlueChip Wealth Advisors LLC 5.45% of their portfolio Milton, GA 191,567191.6k $7.8m $7.8m 5.45% First filing
97 Wealthcare Advisory Partners LLC 0.30% of their portfolio WEST CHESTER, PA 188,968189.0k $7.7m $7.7m 0.30% Reduced -108.2k -108,205
98 FSB PREMIER WEALTH MANAGEMENT, INC. 3.65% of their portfolio WATERLOO, IA 179,558179.6k $7.3m $7.3m 3.65% Reduced -1.4k -1,445
99 Snowden Capital Advisors LLC 0.28% of their portfolio New York, NY 178,891178.9k $7.3m $7.3m 0.28% Added +8.1k +8,128
100 PSI Advisors, LLC 2.67% of their portfolio TAMPA, FL 176,556176.6k $7.2m $7.2m 2.67% Added +6.3k +6,303