Vault-13

FIRST TR VALUE LINE DIVID IN FVD

SHS · ETP · CUSIP 33734H106

588 institutional holders -10 vs Q4 2024
129,719,852129.7m shares reported held*
$5.8bnreported value*
37 new 170 added 278 reduced 44 sold out net sold ≈ $153.6m (-3.4m 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 ($532.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.57. Options: 1 managers hold calls ($0 notional), 2 hold puts ($36.7k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 487Q4 22: 516Q1 23: 518Q2 23: 525Q3 23: 516Q4 23: 537Q1 24: 537Q2 24: 525Q3 24: 549Q4 24: 598Q1 25: 588588Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022487
Q4 2022516
Q1 2023518
Q2 2023525
Q3 2023516
Q4 2023537
Q1 2024537
Q2 2024525
Q3 2024549
Q4 2024598
Q1 2025588

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 228 bought or addedQ2 23: 236 cut or sold outQ3 23: 200 bought or addedQ3 23: 270 cut or sold outQ3 23Q4 23: 162 bought or addedQ4 23: 310 cut or sold outQ1 24: 194 bought or addedQ1 24: 314 cut or sold outQ1 24Q2 24: 172 bought or addedQ2 24: 302 cut or sold outQ3 24: 210 bought or addedQ3 24: 289 cut or sold outQ3 24Q4 24: 195 bought or addedQ4 24: 297 cut or sold outQ1 25: 207 bought or addedQ1 25: 322 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023228236
Q3 2023200270
Q4 2023162310
Q1 2024194314
Q2 2024172302
Q3 2024210289
Q4 2024195297
Q1 2025207322

Calls vs puts

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

CallsPuts
$0$20k$40k$60kQ2 24 calls: $12.0kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $48.0kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $0Q1 25 puts: $36.7kQ1 25P/C —
Numbers
QuarterCallsPutsP/C
Q2 2024$12.0k$00.00
Q3 2024$0$0—
Q4 2024$48.0k$00.00
Q1 2025$0$36.7k—

Biggest buyers

OSAIC HOLDINGS, INC. Added +960,844+960.8k
COMMONWEALTH EQUITY SERVICES, LLC Added +347,621+347.6k
Geneos Wealth Management Inc. Added +170,933+170.9k
Orion Portfolio Solutions, LLC Added +153,310+153.3k
Creative Planning Added +150,233+150.2k
Solano Wealth Investment Advisors LLC Added +148,759+148.8k
JPMORGAN CHASE & CO Added +120,750+120.8k
JONES FINANCIAL COMPANIES LLLP Added +113,320+113.3k
MARSHALL INVESTMENT MANAGEMENT, LLC Added +99,146+99.1k
Fairvoy Private Wealth, LLC Added +91,336+91.3k

Biggest sellers

Trilogy Capital Inc. Reduced -1,107,420-1.1m
MORGAN STANLEY Reduced -1,059,823-1.1m
BANK OF AMERICA CORP /DE/ Reduced -672,521-672.5k
RAYMOND JAMES FINANCIAL INC Reduced -416,271-416.3k
WELLS FARGO & COMPANY/MN Reduced -399,440-399.4k
Private Advisor Group, LLC Reduced -206,802-206.8k
Independent Advisor Alliance Reduced -184,548-184.5k
UBS Group AG Reduced -182,949-182.9k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -155,207-155.2k
Ballew Advisors, Inc Sold out -111,415-111.4k

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Quaker Wealth Management, LLC First filing $36.7k823 shares
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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 19,975,87220.0m $890.7m $890.7m 0.06% Reduced -1.1m -1,059,823
2 LPL Financial LLC 0.31% of their portfolio FORT MILL, SC 17,658,13417.7m $787.4m $787.4m 0.31% Added +35.9k +35,918
3 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 6,676,0816.7m $297.7m $297.7m 0.03% Reduced -672.5k -672,521
4 RAYMOND JAMES FINANCIAL INC 0.11% of their portfolio ST. PETERSBURG, FL 6,281,8126.3m $280.1m $280.1m 0.11% Reduced -416.3k -416,271
5 WELLS FARGO & COMPANY/MN 0.07% of their portfolio SAN FRANCISCO, CA 6,262,5726.3m $279.2m $279.2m 0.07% Reduced -399.4k -399,440
6 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 4,821,9014.8m $214.2m $214.2m 0.06% Reduced -54.2k -54,215
7 UBS Group AG 0.04% of their portfolio ZURICH, V8 3,969,1584.0m $177.0m $177.0m 0.04% Reduced -182.9k -182,949
8 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 3,771,8383.8m $168.2m $168.2m 0.04% Reduced -110.2k -110,204
9 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 3,293,5523.3m $146.9m $146.9m 0.05% Reduced -43.5k -43,506
10 COMMONWEALTH EQUITY SERVICES, LLC 0.19% of their portfolio WALTHAM, MA 3,089,2463.1m $137.7m $137.7m 0.19% Added +347.6k +347,621
11 OSAIC HOLDINGS, INC. 0.26% of their portfolio SCOTTSDALE, AZ 2,569,7402.6m $114.6m $114.6m 0.26% Added +960.8k +960,844
12 STIFEL FINANCIAL CORP 0.11% of their portfolio ST. LOUIS, MO 2,263,2742.3m $100.9m $100.9m 0.11% Reduced -34.8k -34,770
13 Cetera Investment Advisers 0.18% of their portfolio SCHAUMBURG, IL 2,040,3552.0m $91.0m $91.0m 0.18% Reduced -8.0k -7,954
14 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 2,000,7562.0m $89.2m $89.2m 0.01% Added +120.8k +120,750
15 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 1,825,3911.8m $81.4m $81.4m 0.11% Reduced -15.7k -15,746
16 Cambridge Investment Research Advisors, Inc. 0.24% of their portfolio FAIRFIELD, IA 1,598,2031.6m $71.3m $71.3m 0.24% Reduced -55.9k -55,939
17 TRUIST FINANCIAL CORP 0.10% of their portfolio CHARLOTTE, NC 1,358,6151.4m $60.6m $60.6m 0.10% Reduced -17.4k -17,438
18 Baird Financial Group, Inc. 0.09% of their portfolio MILWAUKEE, WI 1,102,5001.1m $49.2m $49.2m 0.09% Reduced -41.4k -41,359
19 Private Advisor Group, LLC 0.28% of their portfolio MORRISTOWN, NJ 1,028,7441.0m $45.9m $45.9m 0.28% Reduced -206.8k -206,802
20 Kestra Advisory Services, LLC 0.21% of their portfolio AUSTIN, TX 954,941954.9k $42.6m $42.6m 0.21% Reduced -33.7k -33,670
21 Prospera Financial Services Inc 0.86% of their portfolio Dallas, TX 839,426839.4k $37.4m $37.4m 0.86% Added +14.6k +14,584
22 New England Private Wealth Advisors LLC 5.23% of their portfolio WELLESLEY, MA 758,187758.2k $33.8m $33.8m 5.23% Reduced -5.7k -5,748
23 HARBOUR INVESTMENTS, INC. 0.87% of their portfolio MADISON, WI 679,536679.5k $30.3m $30.3m 0.87% Reduced -75.8k -75,833
24 Intellus Advisors LLC 5.05% of their portfolio NAPLES, FL 647,659647.7k $28.9m $28.9m 5.05% Added +14.3k +14,252
25 Janney Montgomery Scott LLC 0.08% of their portfolio PHILADELPHIA, PA 604,896604.9k $27.0m $27.0m 0.08% Reduced -38.8k -38,818
26 Larson Financial Group LLC 1.27% of their portfolio ST LOUIS, MO 597,913597.9k $26.7m $26.7m 1.27% Added +13.2k +13,202
27 VICTORY FINANCIAL GROUP, LLC 4.66% of their portfolio AUSTIN, TX 547,013547.0k $24.3m $24.3m 4.66% Added +38.7k +38,733
28 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 512,718512.7k $22.9m $22.9m 0.08% Added +2.6k +2,633
29 AVANTAX ADVISORY SERVICES, INC. 0.14% of their portfolio DALLAS, TX 507,807507.8k $22.6m $22.6m 0.14% Reduced -35.7k -35,738
30 PARK NATIONAL CORP /OH/ 0.79% of their portfolio NEWARK, OH 484,690484.7k $21.6m $21.6m 0.79% Reduced -6.5k -6,535
31 BENJAMIN EDWARDS INC 0.30% of their portfolio Clayton, MO 478,177478.2k $21.3m $21.3m 0.30% Reduced -24.6k -24,634
32 D.A. DAVIDSON & CO. 0.17% of their portfolio GREAT FALLS, MT 463,249463.2k $20.7m $20.7m 0.17% Reduced -14.7k -14,658
33 Golden State Wealth Management, LLC 3.05% of their portfolio SANTA ANA, CA 460,220460.2k $20.5m $20.5m 3.05% Reduced -3.9k -3,915
34 Mariner, LLC 0.03% of their portfolio Overland Park, KS 458,595458.6k $20.4m $20.4m 0.03% Added +14.5k +14,530
35 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 450,122450.1k $20.1m $20.1m 0.02% Reduced -375 -375
36 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 437,262437.3k $19.5m $19.5m 0.01% Reduced -18.4k -18,435
37 Atria Wealth Solutions, Inc. 0.23% of their portfolio NEW YORK, NY 425,908425.9k $19.0m $19.0m 0.23% Reduced -21.8k -21,847
38 BEACON FINANCIAL GROUP 2.05% of their portfolio DALLAS, TX 421,511421.5k $18.8m $18.8m 2.05% Reduced -17.3k -17,268
39 IFG Advisory, LLC 1.03% of their portfolio ATLANTA, GA 415,558415.6k $18.5m $18.5m 1.03% Reduced -15.2k -15,249
40 Petix & Botte Co 4.81% of their portfolio LA MESA, CA 409,745409.7k $18.3m $18.3m 4.81% Reduced -41.0k -41,032
41 NewEdge Advisors, LLC 0.09% of their portfolio NEW ORLEANS, LA 358,362358.4k $16.0m $16.0m 0.09% Reduced -5.7k -5,740
42 KESTRA PRIVATE WEALTH SERVICES, LLC 0.26% of their portfolio AUSTIN, TX 344,757344.8k $15.4m $15.4m 0.26% Added +6.0k +5,994
43 BostonPremier Wealth LLC 9.52% of their portfolio HANOVER, MA 343,769343.8k $15.3m $15.3m 9.52% Added +34.0k +33,954
44 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 330,904330.9k $14.8m $14.8m 0.03% Reduced -22.4k -22,366
45 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 326,927326.9k $14.5m $14.5m 0.01% Added +113.3k +113,320
46 Stratos Wealth Partners, LTD. 0.22% of their portfolio BEACHWOOD, OH 318,348318.3k $14.2m $14.2m 0.22% Reduced -23.2k -23,206
47 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 312,917312.9k $14.0m $14.0m 0.01% Reduced -155.2k -155,207
48 Steward Partners Investment Advisory, LLC 0.12% of their portfolio STAMFORD, CT 310,812310.8k $13.9m $13.9m 0.12% Reduced -5.1k -5,107
49 Orion Portfolio Solutions, LLC 0.07% of their portfolio Omaha, NE 308,908308.9k $13.6m $13.6m 0.07% Added +153.3k +153,310
50 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 307,149307.1k $13.7m $13.7m 0.03% Reduced -3.7k -3,681
51 Hobart Private Capital, LLC 3.31% of their portfolio CHARLOTTE, NC 296,484296.5k $13.2m $13.2m 3.31% Added +3.2k +3,248
52 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 286,054286.1k $12.8m $12.8m 0.02% Added +5.5k +5,467
53 COMMERCE BANK 0.08% of their portfolio KANSAS CITY, MO 283,723283.7k $12.7m $12.7m 0.08% Unchanged
54 Kaye Capital Management 5.15% of their portfolio EL SEGUNDO, CA 283,225283.2k $12.6m $12.6m 5.15% Reduced -1.6k -1,582
55 Rehmann Capital Advisory Group 0.77% of their portfolio LANSING, MI 275,194275.2k $12.3m $12.3m 0.77% Added +6.4k +6,396
56 WealthCare Investment Partners, LLC 4.87% of their portfolio PORTSMOUTH, RI 270,585270.6k $11.5m $11.5m 4.87% Added +15.1k +15,052
57 CWM, LLC 0.05% of their portfolio OMAHA, NE 266,163266.2k $11.9m $11.9m 0.05% Reduced -12.5k -12,521
58 Envestnet Portfolio Solutions, Inc. 0.04% of their portfolio BERWYN, PA 260,919260.9k $11.6m $11.6m 0.04% Reduced -2.7k -2,735
59 Apexium Financial, LP 0.67% of their portfolio Dallas, TX 250,835250.8k $11.2m $11.2m 0.67% Reduced -9.1k -9,118
60 SILVER OAK SECURITIES, INCORPORATED 1.03% of their portfolio JACKSON, TN 249,651249.7k $11.0m $11.0m 1.03% Reduced -11.3k -11,265
61 Prosperity Consulting Group, LLC 0.86% of their portfolio OWINGS MILLS, MD 249,246249.2k $11.1m $11.1m 0.86% Reduced -6.6k -6,621
62 Claris Financial LLC 7.03% of their portfolio GLEN ALLEN, VA 245,128245.1k $10.7m $10.7m 7.03% Unchanged
63 Geneos Wealth Management Inc. 0.16% of their portfolio ENGLEWOOD, CO 244,040244.0k $10.9m $10.9m 0.16% Added +170.9k +170,933
64 Beacon Financial Advisory LLC 3.26% of their portfolio CLEVELAND, OH 241,108241.1k $10.8m $10.8m 3.26% Reduced -7.2k -7,215
65 Integrated Wealth Concepts LLC 0.12% of their portfolio WALTHAM, MA 235,957236.0k $10.5m $10.5m 0.12% Added +18.1k +18,056
66 Sanctuary Advisors, LLC 0.07% of their portfolio INDIANAPOLIS, IN 235,127235.1k $10.5m $10.5m 0.07% Reduced -48.8k -48,780
67 Holistic Financial Partners 4.96% of their portfolio INDIANAPOLIS, IN 230,765230.8k $10.3m $10.3m 4.96% Added +11.8k +11,767
68 BLAIR WILLIAM & CO/IL 0.03% of their portfolio CHICAGO, IL 214,112214.1k $9.5m $9.5m 0.03% Reduced -12.1k -12,138
69 IFP Advisors, Inc 0.29% of their portfolio TAMPA, FL 210,330210.3k $9.4m $9.4m 0.29% Reduced -23.7k -23,661
70 Concurrent Investment Advisors, LLC 0.23% of their portfolio Tampa, FL 209,150209.2k $9.3m $9.3m 0.23% Added +3.6k +3,623
71 BlueChip Wealth Advisors LLC 4.48% of their portfolio Milton, GA 204,553204.6k $9.1m $9.1m 4.48% Added +23.3k +23,312
72 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 202,745202.7k $9.0m $9.0m 0.02% Reduced -2.5k -2,462
73 Solano Wealth Investment Advisors LLC 5.53% of their portfolio Fairfield, CA 200,286200.3k $8.9m $8.9m 5.53% Added +148.8k +148,759
74 FLAGSTAR SECURITIES, INC 2.22% of their portfolio New York, NY 194,783194.8k $8.7m $8.7m 2.22% Reduced -3.4k -3,374
75 PCG Wealth Advisors, LLC 3.00% of their portfolio OVERLAND PARK, KS 192,697192.7k $8.6m $8.6m 3.00% Reduced -30.6k -30,568
76 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 189,617189.6k $8.5m $8.5m 0.08% Reduced -104 -104
77 1ST SOURCE BANK 0.49% of their portfolio SOUTH BEND, IN 187,521187.5k $8.4m $8.4m 0.49% Added +2.0k +2,000
78 Concentrum Wealth Management 3.09% of their portfolio SAN JOSE, CA 186,858186.9k $8.3m $8.3m 3.09% Added +13.4k +13,378
79 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 186,381186.4k $8.3m $8.3m 0.01% Added +150.2k +150,233
80 Gateway Wealth Partners, LLC 1.76% of their portfolio APPLETON, WI 176,164176.2k $7.9m $7.9m 1.76% Reduced -1.6k -1,570
81 Crumly & Associates Inc. 2.09% of their portfolio SPRINGFIELD, IL 170,006170.0k $7.6m $7.6m 2.09% Reduced -399 -399
82 Independent Advisor Alliance 0.25% of their portfolio CHARLOTTE, NC 169,961170.0k $7.6m $7.6m 0.25% Reduced -184.5k -184,548
83 OPPENHEIMER & CO INC 0.11% of their portfolio NEW YORK, NY 162,388162.4k $7.2m $7.2m 0.11% Reduced -4.6k -4,619
84 Clear Creek Financial Management, LLC 0.74% of their portfolio SILVERDALE, WA 159,875159.9k $7.1m $7.1m 0.74% Reduced -14.4k -14,411
85 Beacon Pointe Advisors, LLC 0.08% of their portfolio NEWPORT BEACH, CA 159,405159.4k $7.1m $7.1m 0.08% Added +682 +682
86 Strategic Family Wealth Counselors, L.L.C. 2.30% of their portfolio FAIRFIELD, NJ 158,403158.4k $7.1m $7.1m 2.30% Added +1.1k +1,070
87 MARSHALL INVESTMENT MANAGEMENT, LLC 4.37% of their portfolio LITTLETON, CO 157,777157.8k $7.0m $7.0m 4.37% Added +99.1k +99,146
88 Cherry Creek Investment Advisors, Inc. 3.65% of their portfolio ENGLEWOOD, CO 157,347157.3k $7.0m $7.0m 3.65% Added +15.3k +15,303
89 Harvest Investment Services, LLC 1.95% of their portfolio Oakbrook Terrace, IL 157,031157.0k $7.0m $7.0m 1.95% Added +4.3k +4,254
90 Caliber Wealth Management, LLC / KS 0.95% of their portfolio Overland Park, KS 156,766156.8k $7.0m $7.0m 0.95% First filing
91 Higgins & Schmidt Wealth Strategies LLC 4.11% of their portfolio DENVER, CO 156,182156.2k $7.0m $7.0m 4.11% Reduced -5.3k -5,251
92 WEDBUSH SECURITIES INC 0.25% of their portfolio PASADENA, CA 154,560154.6k $6.9m $6.9m 0.25% Added +6.1k +6,146
93 Orion Porfolio Solutions, LLC 0.07% of their portfolio OMAHA, NE 153,310153.3k $6.8m $6.8m 0.07% Reduced -2.3k -2,288
94 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 152,245152.2k $6.8m $6.8m 0.00% Added +26.7k +26,718
95 Pine Valley Investments Ltd Liability Co 0.43% of their portfolio MARLTON, NJ 150,249150.2k $6.7m $6.7m 0.43% Reduced -9.7k -9,653
96 IHT Wealth Management, LLC 0.21% of their portfolio Chicago, IL 150,135150.1k $6.7m $6.7m 0.21% Reduced -810 -810
97 AE Wealth Management LLC 0.05% of their portfolio TOPEKA, KS 143,337143.3k $6.4m $6.4m 0.05% Reduced -7.1k -7,100
98 Atria Investments, Inc 0.08% of their portfolio Charlotte, NC 140,350140.3k $6.3m $6.3m 0.08% Reduced -24.9k -24,936
99 Allworth Financial LP 0.03% of their portfolio FOLSOM, CA 140,159140.2k $6.1m $6.1m 0.03% Reduced -2.3k -2,348
100 Moment Partners, LLC 1.23% of their portfolio SAN FRANCISCO, CA 139,027139.0k $6.2m $6.2m 1.23% Reduced -1.4k -1,369