Vault-13

FIRST TR VALUE LINE DIVID IN FVD

SHS · ETP · CUSIP 33734H106

586 institutional holders -2 vs Q1 2025
132,544,572132.5m shares reported held*
$5.9bnreported value*
34 new 192 added 269 reduced 36 sold out net bought ≈ $133.6m (+3.0m 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 ($273.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.71. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q2 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: 588Q2 25: 586586Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025586

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 200 bought or addedQ3 23: 270 cut or sold outQ4 23: 162 bought or addedQ4 23: 310 cut or sold outQ4 23Q1 24: 194 bought or addedQ1 24: 314 cut or sold outQ2 24: 172 bought or addedQ2 24: 302 cut or sold outQ2 24Q3 24: 210 bought or addedQ3 24: 289 cut or sold outQ4 24: 195 bought or addedQ4 24: 297 cut or sold outQ4 24Q1 25: 207 bought or addedQ1 25: 322 cut or sold outQ2 25: 226 bought or addedQ2 25: 305 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023200270
Q4 2023162310
Q1 2024194314
Q2 2024172302
Q3 2024210289
Q4 2024195297
Q1 2025207322
Q2 2025226305

Calls vs puts

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

CallsPuts
$0$20k$40k$60kQ3 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 —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$48.0k$00.00
Q1 2025$0$36.7k—
Q2 2025$0$0—

Biggest buyers

ROYAL BANK OF CANADA Added +4,241,194+4.2m
AMERIPRISE FINANCIAL INC Added +758,020+758.0k
Rockefeller Capital Management L.P. Added +283,571+283.6k
Modern Wealth Management, LLC New +269,124+269.1k
Cambridge Investment Research Advisors, Inc. Added +225,450+225.4k
Concurrent Investment Advisors, LLC Added +214,572+214.6k
BNP PARIBAS FINANCIAL MARKETS Added +194,243+194.2k
Solano Wealth Investment Advisors LLC Added +152,534+152.5k
Composition Wealth, LLC New +136,925+136.9k
JONES FINANCIAL COMPANIES LLLP Added +102,314+102.3k

Biggest sellers

COMMONWEALTH EQUITY SERVICES, LLC Reduced -549,735-549.7k
JPMORGAN CHASE & CO Reduced -494,007-494.0k
Larson Financial Group LLC Reduced -351,926-351.9k
RAYMOND JAMES FINANCIAL INC Reduced -317,007-317.0k
Private Advisor Group, LLC Reduced -262,883-262.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -231,875-231.9k
BANK OF AMERICA CORP /DE/ Reduced -187,130-187.1k
Atria Wealth Solutions, Inc. Reduced -155,064-155.1k
WELLS FARGO & COMPANY/MN Reduced -154,094-154.1k
UBS Group AG Reduced -153,586-153.6k

Biggest calls

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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 19,899,78919.9m $889.5m $889.5m 0.06% Reduced -76.1k -76,083
2 LPL Financial LLC 0.26% of their portfolio FORT MILL, SC 17,691,18517.7m $790.8m $790.8m 0.26% Added +33.1k +33,051
3 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 8,013,0328.0m $358.2m $358.2m 0.03% Added +4.2m +4,241,194
4 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 6,488,9516.5m $290.1m $290.1m 0.02% Reduced -187.1k -187,130
5 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 6,108,4786.1m $273.0m $273.0m 0.06% Reduced -154.1k -154,094
6 RAYMOND JAMES FINANCIAL INC 0.09% of their portfolio ST. PETERSBURG, FL 5,964,8056.0m $266.6m $266.6m 0.09% Reduced -317.0k -317,007
7 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 5,579,9215.6m $249.4m $249.4m 0.06% Added +758.0k +758,020
8 UBS Group AG 0.04% of their portfolio ZURICH, V8 3,815,5723.8m $170.6m $170.6m 0.04% Reduced -153.6k -153,586
9 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 3,061,6773.1m $136.9m $136.9m 0.04% Reduced -231.9k -231,875
10 OSAIC HOLDINGS, INC. 0.20% of their portfolio SCOTTSDALE, AZ 2,555,8192.6m $114.3m $114.3m 0.20% Reduced -13.9k -13,921
11 COMMONWEALTH EQUITY SERVICES, LLC 0.15% of their portfolio WALTHAM, MA 2,539,5112.5m $113.5m $113.5m 0.15% Reduced -549.7k -549,735
12 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 2,267,2702.3m $101.3m $101.3m 0.10% Added +4.0k +3,996
13 Cetera Investment Advisers 0.15% of their portfolio SCHAUMBURG, IL 2,033,2862.0m $90.9m $90.9m 0.15% Reduced -7.1k -7,069
14 HighTower Advisors, LLC 0.10% of their portfolio CHICAGO, IL 1,857,6871.9m $83.0m $83.0m 0.10% Added +32.3k +32,296
15 Cambridge Investment Research Advisors, Inc. 0.25% of their portfolio FAIRFIELD, IA 1,823,6531.8m $81.5m $81.5m 0.25% Added +225.4k +225,450
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,506,7491.5m $67.4m $67.4m 0.00% Reduced -494.0k -494,007
17 TRUIST FINANCIAL CORP 0.09% of their portfolio CHARLOTTE, NC 1,340,8171.3m $59.9m $59.9m 0.09% Reduced -17.8k -17,798
18 Baird Financial Group, Inc. 0.09% of their portfolio MILWAUKEE, WI 1,141,2421.1m $51.0m $51.0m 0.09% Added +38.7k +38,742
19 Kestra Advisory Services, LLC 0.20% of their portfolio AUSTIN, TX 928,117928.1k $41.5m $41.5m 0.20% Reduced -26.8k -26,824
20 Prospera Financial Services Inc 0.69% of their portfolio Dallas, TX 822,734822.7k $36.8m $36.8m 0.69% Reduced -16.7k -16,692
21 Private Advisor Group, LLC 0.18% of their portfolio MORRISTOWN, NJ 765,861765.9k $34.2m $34.2m 0.18% Reduced -262.9k -262,883
22 New England Private Wealth Advisors LLC 5.04% of their portfolio WELLESLEY, MA 762,256762.3k $34.4m $34.4m 5.04% Added +4.1k +4,069
23 Intellus Advisors LLC 4.40% of their portfolio NAPLES, FL 660,409660.4k $29.5m $29.5m 4.40% Added +12.8k +12,750
24 HARBOUR INVESTMENTS, INC. 0.74% of their portfolio MADISON, WI 655,488655.5k $29.3m $29.3m 0.74% Reduced -24.0k -24,048
25 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 590,720590.7k $26.4m $26.4m 0.03% Added +283.6k +283,571
26 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 590,603590.6k $26.4m $26.4m 0.07% Reduced -14.3k -14,293
27 MML INVESTORS SERVICES, LLC 0.07% of their portfolio SPRINGFIELD, MA 518,881518.9k $23.2m $23.2m 0.07% Added +6.2k +6,163
28 VICTORY FINANCIAL GROUP, LLC 3.67% of their portfolio AUSTIN, TX 517,551517.6k $23.1m $23.1m 3.67% Reduced -29.5k -29,462
29 BENJAMIN EDWARDS INC 0.29% of their portfolio Clayton, MO 502,705502.7k $22.5m $22.5m 0.29% Added +24.5k +24,528
30 PARK NATIONAL CORP /OH/ 0.73% of their portfolio NEWARK, OH 494,509494.5k $22.1m $22.1m 0.73% Added +9.8k +9,819
31 Mariner, LLC 0.03% of their portfolio Overland Park, KS 480,517480.5k $21.5m $21.5m 0.03% Added +21.9k +21,922
32 D.A. DAVIDSON & CO. 0.15% of their portfolio GREAT FALLS, MT 478,883478.9k $21.4m $21.4m 0.15% Added +15.6k +15,634
33 Golden State Wealth Management, LLC 2.60% of their portfolio SANTA ANA, CA 477,604477.6k $21.3m $21.3m 2.60% Added +17.4k +17,384
34 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 463,901463.9k $20.7m $20.7m 0.01% Added +13.8k +13,779
35 AVANTAX ADVISORY SERVICES, INC. 0.11% of their portfolio DALLAS, TX 447,429447.4k $20.0m $20.0m 0.11% Reduced -60.4k -60,378
36 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 429,241429.2k $19.1m $19.1m 0.01% Added +102.3k +102,314
37 Concurrent Investment Advisors, LLC 0.37% of their portfolio Tampa, FL 423,722423.7k $18.9m $18.9m 0.37% Added +214.6k +214,572
38 IFG Advisory, LLC 0.94% of their portfolio ATLANTA, GA 420,598420.6k $18.8m $18.8m 0.94% Added +5.0k +5,040
39 BEACON FINANCIAL GROUP 1.93% of their portfolio DALLAS, TX 414,756414.8k $18.5m $18.5m 1.93% Reduced -6.8k -6,755
40 NewEdge Advisors, LLC 0.09% of their portfolio NEW ORLEANS, LA 410,722410.7k $18.4m $18.4m 0.09% Added +52.4k +52,360
41 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 407,623407.6k $18.2m $18.2m 0.01% Reduced -29.6k -29,639
42 Petix & Botte Co 4.40% of their portfolio LA MESA, CA 400,802400.8k $17.9m $17.9m 4.40% Reduced -8.9k -8,943
43 KESTRA PRIVATE WEALTH SERVICES, LLC 0.24% of their portfolio AUSTIN, TX 371,926371.9k $16.6m $16.6m 0.24% Added +27.2k +27,169
44 BostonPremier Wealth LLC 8.76% of their portfolio HANOVER, MA 353,372353.4k $15.8m $15.8m 8.76% Added +9.6k +9,603
45 Solano Wealth Investment Advisors LLC 8.09% of their portfolio Fairfield, CA 352,820352.8k $15.8m $15.8m 8.09% Added +152.5k +152,534
46 Hobart Private Capital, LLC 3.40% of their portfolio CHARLOTTE, NC 335,558335.6k $15.0m $15.0m 3.40% Added +39.1k +39,074
47 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 323,100323.1k $14.4m $14.4m 0.01% Added +10.2k +10,183
48 Stratos Wealth Partners, LTD. 0.19% of their portfolio BEACHWOOD, OH 319,289319.3k $14.3m $14.3m 0.19% Added +941 +941
49 Steward Partners Investment Advisory, LLC 0.11% of their portfolio STAMFORD, CT 316,256316.3k $14.1m $14.1m 0.11% Added +5.4k +5,444
50 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 298,003298.0k $13.6m $13.6m 0.02% Reduced -32.9k -32,901
51 COMMERCE BANK 0.07% of their portfolio KANSAS CITY, MO 283,723283.7k $12.7m $12.7m 0.07% Unchanged
52 Rehmann Capital Advisory Group 0.77% of their portfolio LANSING, MI 283,463283.5k $12.7m $12.7m 0.77% Added +8.3k +8,269
53 WealthCare Investment Partners, LLC 4.56% of their portfolio PORTSMOUTH, RI 278,627278.6k $12.7m $12.7m 4.56% Added +8.0k +8,042
54 Atria Wealth Solutions, Inc. 0.28% of their portfolio NEW YORK, NY 270,844270.8k $12.2m $12.2m 0.28% Reduced -155.1k -155,064
55 Modern Wealth Management, LLC 0.30% of their portfolio KANSAS CITY, MO 269,124269.1k $12.0m $12.0m 0.30% New
56 Kaye Capital Management 4.62% of their portfolio EL SEGUNDO, CA 268,684268.7k $12.0m $12.0m 4.62% Reduced -14.5k -14,541
57 CWM, LLC 0.04% of their portfolio OMAHA, NE 264,455264.5k $11.8m $11.8m 0.04% Reduced -1.7k -1,708
58 Apexium Financial, LP 0.59% of their portfolio Dallas, TX 248,087248.1k $11.1m $11.1m 0.59% Reduced -2.7k -2,748
59 Larson Financial Group LLC 0.44% of their portfolio ST LOUIS, MO 245,987246.0k $11.0m $11.0m 0.44% Reduced -351.9k -351,926
60 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 245,520245.5k $11.0m $11.0m 0.01% Added +194.2k +194,243
61 Holistic Financial Partners 4.80% of their portfolio INDIANAPOLIS, IN 245,277245.3k $11.0m $11.0m 4.80% Added +14.5k +14,512
62 Prosperity Consulting Group, LLC 0.79% of their portfolio OWINGS MILLS, MD 241,789241.8k $10.8m $10.8m 0.79% Reduced -7.5k -7,457
63 Beacon Financial Advisory LLC 2.79% of their portfolio CLEVELAND, OH 241,113241.1k $10.8m $10.8m 2.79% Added +5 +5
64 SILVER OAK SECURITIES, INCORPORATED 0.87% of their portfolio JACKSON, TN 234,524234.5k $10.5m $10.5m 0.87% Reduced -15.1k -15,127
65 Integrated Wealth Concepts LLC 0.10% of their portfolio WALTHAM, MA 231,142231.1k $10.3m $10.3m 0.10% Reduced -4.8k -4,815
66 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 230,121230.1k $10.3m $10.3m 0.01% Reduced -55.9k -55,933
67 Sanctuary Advisors, LLC 0.06% of their portfolio INDIANAPOLIS, IN 227,545227.5k $10.2m $10.2m 0.06% Reduced -7.6k -7,582
68 BLAIR WILLIAM & CO/IL 0.03% of their portfolio CHICAGO, IL 211,479211.5k $9.5m $9.5m 0.03% Reduced -2.6k -2,633
69 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 210,934210.9k $9.4m $9.4m 0.00% Added +58.7k +58,689
70 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 209,613209.6k $9.4m $9.4m 0.08% Added +20.0k +19,996
71 Geneos Wealth Management Inc. 0.22% of their portfolio ENGLEWOOD, CO 203,106203.1k $9.1m $9.1m 0.22% Reduced -40.9k -40,934
72 PCG Wealth Advisors, LLC 4.61% of their portfolio OVERLAND PARK, KS 201,579201.6k $9.0m $9.0m 4.61% Added +8.9k +8,882
73 BlueChip Wealth Advisors LLC 3.99% of their portfolio Milton, GA 200,487200.5k $9.0m $9.0m 3.99% Reduced -4.1k -4,066
74 IFP Advisors, Inc 0.25% of their portfolio TAMPA, FL 196,989197.0k $8.8m $8.8m 0.25% Reduced -13.3k -13,341
75 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 196,387196.4k $8.8m $8.8m 0.02% Reduced -6.4k -6,358
76 Concentrum Wealth Management 2.75% of their portfolio SAN JOSE, CA 196,001196.0k $8.8m $8.8m 2.75% Added +9.1k +9,143
77 Fairvoy Private Wealth, LLC 1.96% of their portfolio BIRMINGHAM, AL 176,165176.2k $7.9m $7.9m 1.96% Added +77.0k +77,021
78 Claris Financial LLC 5.92% of their portfolio GLEN ALLEN, VA 175,653175.7k $7.9m $7.9m 5.92% Reduced -69.5k -69,475
79 1ST SOURCE BANK 0.43% of their portfolio SOUTH BEND, IN 174,355174.4k $7.8m $7.8m 0.43% Reduced -13.2k -13,166
80 Gateway Wealth Partners, LLC 1.47% of their portfolio APPLETON, WI 173,795173.8k $7.8m $7.8m 1.47% Reduced -2.4k -2,369
81 Crumly & Associates Inc. 1.78% of their portfolio SPRINGFIELD, IL 163,534163.5k $7.3m $7.3m 1.78% Reduced -6.5k -6,472
82 OPPENHEIMER & CO INC 0.10% of their portfolio NEW YORK, NY 162,628162.6k $7.3m $7.3m 0.10% Added +240 +240
83 Cherry Creek Investment Advisors, Inc. 3.37% of their portfolio ENGLEWOOD, CO 160,671160.7k $7.2m $7.2m 3.37% Added +3.3k +3,324
84 Harvest Investment Services, LLC 1.59% of their portfolio Oakbrook Terrace, IL 159,248159.2k $7.1m $7.1m 1.59% Added +2.2k +2,217
85 Strategic Family Wealth Counselors, L.L.C. 2.00% of their portfolio FAIRFIELD, NJ 157,299157.3k $7.0m $7.0m 2.00% Reduced -1.1k -1,104
86 FLAGSTAR SECURITIES, INC 1.92% of their portfolio New York, NY 155,129155.1k $6.9m $6.9m 1.92% Reduced -39.7k -39,654
87 Beacon Pointe Advisors, LLC 0.07% of their portfolio NEWPORT BEACH, CA 154,034154.0k $6.9m $6.9m 0.07% Reduced -5.4k -5,371
88 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 153,300153.3k $6.9m $6.9m 0.03% Reduced -107.6k -107,619
89 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 152,495152.5k $6.8m $6.8m 0.01% Added +32.4k +32,397
90 &PARTNERS 0.05% of their portfolio NASHVILLE, TN 152,017152.0k $6.8m $6.8m 0.05% Added +47.4k +47,382
91 WEDBUSH SECURITIES INC 0.24% of their portfolio PASADENA, CA 150,905150.9k $6.7m $6.7m 0.24% Reduced -3.7k -3,655
92 Coppell Advisory Solutions LLC 0.47% of their portfolio COPPELL, TX 149,616149.6k $6.6m $6.6m 0.47% Added +63.3k +63,268
93 Clear Creek Financial Management, LLC 0.64% of their portfolio SILVERDALE, WA 149,603149.6k $6.7m $6.7m 0.64% Reduced -10.3k -10,272
94 Caliber Wealth Management, LLC / KS 0.71% of their portfolio Overland Park, KS 148,785148.8k $6.7m $6.7m 0.71% Reduced -8.0k -7,981
95 Pine Valley Investments Ltd Liability Co 0.39% of their portfolio MARLTON, NJ 148,616148.6k $6.6m $6.6m 0.39% Reduced -1.6k -1,633
96 IHT Wealth Management, LLC 0.18% of their portfolio Chicago, IL 143,081143.1k $6.4m $6.4m 0.18% Reduced -7.1k -7,054
97 Moment Partners, LLC 1.17% of their portfolio SAN FRANCISCO, CA 139,349139.3k $6.2m $6.2m 1.17% Added +322 +322
98 Atlas Legacy Advisors, LLC 1.36% of their portfolio LOS ANGELES, CA 137,837137.8k $6.2m $6.2m 1.36% Added +1.1k +1,059
99 Allworth Financial LP 0.03% of their portfolio FOLSOM, CA 137,777137.8k $6.2m $6.2m 0.03% Reduced -2.4k -2,382
100 SUMMIT WEALTH GROUP LLC / CO 1.55% of their portfolio COLORADO SPRINGS, CO 137,719137.7k $6.2m $6.2m 1.55% First filing