Vault-13

FIRST TR VALUE LINE DIVID IN FVD

SHS · ETP · CUSIP 33734H106

620 institutional holders +36 vs Q3 2025
116,936,737116.9m shares reported held*
$5.4bnreported value*
41 new 190 added 257 reduced 34 sold out net sold ≈ $509.5m (-11.0m 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 ($6.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.09. Options: 1 managers hold calls ($9.2k notional), 0 hold puts (—).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 487Q4 22: 516Q1 23: 518Q2 23: 525Q3 23: 516Q4 23: 537Q1 24: 537Q2 24: 525Q3 24: 549Q4 24: 598Q1 25: 588Q2 25: 586Q3 25: 584Q4 25: 620620Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 2025584
Q4 2025620

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 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 25Q3 25: 218 bought or addedQ3 25: 290 cut or sold outQ4 25: 231 bought or addedQ4 25: 291 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024194314
Q2 2024172302
Q3 2024210289
Q4 2024195297
Q1 2025207322
Q2 2025226305
Q3 2025218290
Q4 2025231291

Calls vs puts

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

CallsPuts
$0$10k$20k$30k$40kQ1 25 calls: $0Q1 25 puts: $36.7kQ1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $9.0kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $9.2kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$0$36.7k—
Q2 2025$0$0—
Q3 2025$9.0k$00.00
Q4 2025$9.2k$00.00

Biggest buyers

Rockefeller Capital Management L.P. Added +276,348+276.3k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Added +239,480+239.5k
Merit Financial Group, LLC Added +236,828+236.8k
BNP PARIBAS FINANCIAL MARKETS Added +150,953+151.0k
SUMMIT WEALTH GROUP LLC / CO New +123,689+123.7k
AXXCESS WEALTH MANAGEMENT, LLC New +119,695+119.7k
Lido Advisors, LLC Added +104,079+104.1k
Vestmark Advisory Solutions, Inc. New +71,035+71.0k
HighPoint Advisor Group LLC New +68,611+68.6k
Equitable Holdings, Inc. Added +66,249+66.2k

Biggest sellers

JPMORGAN CHASE & CO Reduced -5,074,092-5.1m
AMERIPRISE FINANCIAL INC Reduced -3,480,689-3.5m
LPL Financial LLC Reduced -490,780-490.8k
BostonPremier Wealth LLC Reduced -338,730-338.7k
MORGAN STANLEY Reduced -328,124-328.1k
RAYMOND JAMES FINANCIAL INC Reduced -302,062-302.1k
HighTower Advisors, LLC Reduced -282,366-282.4k
Sanctuary Advisors, LLC Reduced -268,143-268.1k
VICTORY FINANCIAL GROUP, LLC Reduced -228,100-228.1k
HARBOUR INVESTMENTS, INC. Reduced -208,925-208.9k

Biggest calls

SIMPLEX TRADING, LLC Unchanged $9.2k200 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 0.05% of their portfolio NEW YORK, NY 19,106,92719.1m $880.4m $880.4m 0.05% Reduced -328.1k -328,124
2 LPL Financial LLC 0.22% of their portfolio FORT MILL, SC 17,207,16217.2m $792.9m $792.9m 0.22% Reduced -490.8k -490,780
3 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 5,918,5505.9m $272.7m $272.7m 0.05% Added +11.1k +11,127
4 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 5,580,9205.6m $257.2m $257.2m 0.02% Reduced -43.0k -43,001
5 RAYMOND JAMES FINANCIAL INC 0.08% of their portfolio ST. PETERSBURG, FL 5,468,4805.5m $252.0m $252.0m 0.08% Reduced -302.1k -302,062
6 UBS Group AG 0.03% of their portfolio ZURICH, V8 3,818,6773.8m $176.0m $176.0m 0.03% Reduced -88.0k -87,990
7 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 3,735,6253.7m $172.1m $172.1m 0.03% Reduced -58.1k -58,114
8 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 2,830,3752.8m $130.4m $130.4m 0.04% Reduced -165.7k -165,690
9 OSAIC HOLDINGS, INC. 0.18% of their portfolio SCOTTSDALE, AZ 2,617,6562.6m $120.6m $120.6m 0.18% Reduced -10.9k -10,925
10 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 2,320,2712.3m $106.9m $106.9m 0.10% Added +16.8k +16,800
11 COMMONWEALTH EQUITY SERVICES, LLC 0.14% of their portfolio WALTHAM, MA 2,279,1772.3m $105.0m $105.0m 0.14% Reduced -143.1k -143,094
12 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 2,020,6262.0m $93.1m $93.1m 0.10% Reduced -76.1k -76,061
13 HighTower Advisors, LLC 0.08% of their portfolio CHICAGO, IL 1,597,6801.6m $73.6m $73.6m 0.08% Reduced -282.4k -282,366
14 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,541,6651.5m $71.0m $71.0m 0.02% Reduced -3.5m -3,480,689
15 Cambridge Investment Research Advisors, Inc. 0.17% of their portfolio FAIRFIELD, IA 1,389,7551.4m $64.0m $64.0m 0.17% Reduced -143.5k -143,532
16 TRUIST FINANCIAL CORP 0.08% of their portfolio CHARLOTTE, NC 1,295,5171.3m $59.7m $59.7m 0.08% Reduced -23.3k -23,316
17 Baird Financial Group, Inc. 0.06% of their portfolio MILWAUKEE, WI 880,626880.6k $40.6m $40.6m 0.06% Reduced -23.9k -23,874
18 Kestra Advisory Services, LLC 0.17% of their portfolio AUSTIN, TX 871,065871.1k $40.1m $40.1m 0.17% Reduced -19.0k -19,047
19 New England Private Wealth Advisors LLC 4.38% of their portfolio WELLESLEY, MA 762,790762.8k $35.1m $35.1m 4.38% Reduced -1.2k -1,156
20 Private Advisor Group, LLC 0.16% of their portfolio MORRISTOWN, NJ 717,062717.1k $33.0m $33.0m 0.16% Reduced -31.0k -31,008
21 Prospera Financial Services Inc 0.48% of their portfolio Dallas, TX 628,662628.7k $29.0m $29.0m 0.48% Reduced -147.2k -147,216
22 Intellus Advisors LLC 3.83% of their portfolio NAPLES, FL 627,174627.2k $28.9m $28.9m 3.83% Added +21.9k +21,896
23 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 571,178571.2k $26.3m $26.3m 0.05% Added +276.3k +276,348
24 BENJAMIN EDWARDS INC 0.28% of their portfolio Clayton, MO 556,244556.2k $25.6m $25.6m 0.28% Added +10.7k +10,719
25 Janney Montgomery Scott LLC 0.06% of their portfolio PHILADELPHIA, PA 543,526543.5k $25.0m $25.0m 0.06% Reduced -1.0k -1,011
26 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 541,519541.5k $25.0m $25.0m 0.02% Added +39.3k +39,256
27 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 511,734511.7k $23.6m $23.6m 0.06% Added +8.1k +8,057
28 D.A. DAVIDSON & CO. 0.14% of their portfolio GREAT FALLS, MT 500,779500.8k $23.1m $23.1m 0.14% Added +5.4k +5,405
29 PARK NATIONAL CORP /OH/ 0.69% of their portfolio NEWARK, OH 483,039483.0k $22.3m $22.3m 0.69% Reduced -2.8k -2,754
30 NewEdge Advisors, LLC 0.08% of their portfolio NEW ORLEANS, LA 474,480474.5k $21.9m $21.9m 0.08% Added +63.9k +63,868
31 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 473,342473.3k $21.8m $21.8m 0.00% Reduced -5.1m -5,074,092
32 Golden State Wealth Management, LLC 2.28% of their portfolio SANTA ANA, CA 469,031469.0k $21.6m $21.6m 2.28% Added +22.6k +22,635
33 Mariner, LLC 0.03% of their portfolio Overland Park, KS 462,356462.4k $21.3m $21.3m 0.03% Added +4.6k +4,555
34 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 460,971461.0k $21.2m $21.2m 0.01% Reduced -2.6k -2,594
35 HARBOUR INVESTMENTS, INC. 0.41% of their portfolio MADISON, WI 443,858443.9k $20.5m $20.5m 0.41% Reduced -208.9k -208,925
36 Concurrent Investment Advisors, LLC 0.22% of their portfolio Tampa, FL 417,920417.9k $19.3m $19.3m 0.22% Added +9.2k +9,209
37 BEACON FINANCIAL GROUP 1.91% of their portfolio DALLAS, TX 417,255417.3k $19.2m $19.2m 1.91% Added +1.3k +1,298
38 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 405,956406.0k $18.7m $18.7m 0.01% Added +2.4k +2,390
39 IFG Advisory, LLC 0.79% of their portfolio ATLANTA, GA 395,400395.4k $18.2m $18.2m 0.79% Reduced -7.5k -7,524
40 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 389,513389.5k $17.9m $17.9m 0.01% Added +151.0k +150,953
41 Solano Wealth Investment Advisors LLC 8.55% of their portfolio Fairfield, CA 374,580374.6k $17.3m $17.3m 8.55% Added +5.5k +5,540
42 KESTRA PRIVATE WEALTH SERVICES, LLC 0.21% of their portfolio AUSTIN, TX 361,535361.5k $16.7m $16.7m 0.21% Reduced -17.6k -17,580
43 Petix & Botte Co 3.54% of their portfolio LA MESA, CA 338,873338.9k $15.6m $15.6m 3.54% Reduced -37.9k -37,890
44 Hobart Private Capital, LLC 3.04% of their portfolio CHARLOTTE, NC 337,722337.7k $15.6m $15.6m 3.04% Added +22.5k +22,464
45 VICTORY FINANCIAL GROUP, LLC 1.92% of their portfolio AUSTIN, TX 330,977331.0k $15.3m $15.3m 1.92% Reduced -228.1k -228,100
46 Stratos Wealth Partners, LTD. 0.16% of their portfolio BEACHWOOD, OH 315,930315.9k $14.6m $14.6m 0.16% Reduced -5.2k -5,248
47 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 312,784312.8k $14.4m $14.4m 0.01% Reduced -8.2k -8,190
48 WealthCare Investment Partners, LLC 4.08% of their portfolio PORTSMOUTH, RI 303,196303.2k $14.0m $14.0m 4.08% Added +11.9k +11,857
49 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 296,303296.3k $13.8m $13.8m 0.02% Added +774 +774
50 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 293,639293.6k $13.5m $13.5m 0.07% Reduced -16.8k -16,821
51 COMMERCE BANK 0.07% of their portfolio KANSAS CITY, MO 283,723283.7k $13.1m $13.1m 0.07% Unchanged
52 Rehmann Capital Advisory Group 0.69% of their portfolio LANSING, MI 279,925279.9k $13.2m $13.2m 0.69% Reduced -8.1k -8,123
53 Equitable Holdings, Inc. 0.09% of their portfolio NEW YORK, NY 273,005273.0k $12.6m $12.6m 0.09% Added +66.2k +66,249
54 Modern Wealth Management, LLC 0.22% of their portfolio KANSAS CITY, MO 267,126267.1k $12.3m $12.3m 0.22% Reduced -232 -232
55 Merit Financial Group, LLC 0.10% of their portfolio ALPHARETTA, GA 262,484262.5k $12.1m $12.1m 0.10% Added +236.8k +236,828
56 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.07% of their portfolio IRVING, TX 252,068252.1k $11.6m $11.6m 0.07% Added +239.5k +239,480
57 Claris Financial LLC 6.10% of their portfolio GLEN ALLEN, VA 248,815248.8k $11.5m $11.5m 6.10% Added +4.4k +4,433
58 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 247,512247.5k $11.4m $11.4m 0.01% Added +18.1k +18,066
59 Fairvoy Private Wealth, LLC 2.52% of their portfolio BIRMINGHAM, AL 244,182244.2k $11.3m $11.3m 2.52% Added +5.6k +5,598
60 CWM, LLC 0.03% of their portfolio OMAHA, NE 237,337237.3k $10.9m $10.9m 0.03% Reduced -24.4k -24,357
61 Holistic Financial Partners 3.95% of their portfolio INDIANAPOLIS, IN 236,240236.2k $10.9m $10.9m 3.95% Reduced -14.4k -14,436
62 Prosperity Consulting Group, LLC 0.49% of their portfolio OWINGS MILLS, MD 234,089234.1k $10.8m $10.8m 0.49% Reduced -4.6k -4,602
63 SILVER OAK SECURITIES, INCORPORATED 0.72% of their portfolio JACKSON, TN 228,545228.5k $10.6m $10.6m 0.72% Reduced -1.5k -1,496
64 Beacon Financial Advisory LLC 2.43% of their portfolio CLEVELAND, OH 227,914227.9k $10.5m $10.5m 2.43% Reduced -17.2k -17,196
65 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 222,029222.0k $10.2m $10.2m 0.02% Added +9.7k +9,693
66 Concentrum Wealth Management 2.74% of their portfolio SAN JOSE, CA 212,857212.9k $9.8m $9.8m 2.74% Added +4.8k +4,818
67 Gateway Wealth Partners, LLC 1.09% of their portfolio APPLETON, WI 212,563212.6k $9.8m $9.8m 1.09% Added +33.2k +33,219
68 Beacon Pointe Advisors, LLC 0.07% of their portfolio NEWPORT BEACH, CA 209,651209.7k $9.7m $9.7m 0.07% Added +14.6k +14,594
69 PCG Wealth Advisors, LLC 2.67% of their portfolio OVERLAND PARK, KS 205,006205.0k $9.4m $9.4m 2.67% Reduced -1.5k -1,466
70 Sanctuary Advisors, LLC 0.05% of their portfolio INDIANAPOLIS, IN 192,814192.8k $8.9m $8.9m 0.05% Reduced -268.1k -268,143
71 IFP Advisors, Inc 0.20% of their portfolio TAMPA, FL 191,835191.8k $8.8m $8.8m 0.20% Added +5.8k +5,806
72 BlueChip Wealth Advisors LLC 3.55% of their portfolio Milton, GA 183,148183.1k $8.4m $8.4m 3.55% Reduced -2.8k -2,813
73 Larson Financial Group LLC 0.27% of their portfolio ST LOUIS, MO 172,682172.7k $8.0m $8.0m 0.27% Reduced -19.7k -19,688
74 Center for Wealth Management Advisory 5.78% of their portfolio MILFORD, OH 170,067170.1k $7.8m $7.8m 5.78% First filing
75 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 168,443168.4k $7.8m $7.8m 0.01% Added +10.1k +10,138
76 Plus Group Wealth Advisors LLC 8.51% of their portfolio BELGIUM, WI 166,417166.4k $7.7m $7.7m 8.51% First filing
77 Cherry Creek Investment Advisors, Inc. 3.27% of their portfolio ENGLEWOOD, CO 166,187166.2k $7.7m $7.7m 3.27% Added +1.4k +1,414
78 1ST SOURCE BANK 0.40% of their portfolio SOUTH BEND, IN 165,000165.0k $7.6m $7.6m 0.40% Reduced -5.8k -5,848
79 Crumly & Associates Inc. 1.55% of their portfolio SPRINGFIELD, IL 160,505160.5k $7.4m $7.4m 1.55% Reduced -35 -35
80 OPPENHEIMER & CO INC 0.10% of their portfolio NEW YORK, NY 156,555156.6k $7.2m $7.2m 0.10% Reduced -7.0k -7,004
81 &PARTNERS 0.04% of their portfolio NASHVILLE, TN 154,006154.0k $7.1m $7.1m 0.04% Added +6.0k +6,049
82 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 148,526148.5k $6.8m $6.8m 0.02% Reduced -63.1k -63,074
83 Strategic Family Wealth Counselors, L.L.C. 1.56% of their portfolio FAIRFIELD, NJ 148,004148.0k $7.0m $7.0m 1.56% Reduced -3.8k -3,755
84 Towerpoint Wealth, LLC 2.62% of their portfolio SACRAMENTO, CA 143,677143.7k $6.6m $6.6m 2.62% Added +4.8k +4,760
85 Pine Valley Investments Ltd Liability Co 0.33% of their portfolio MARLTON, NJ 142,911142.9k $6.6m $6.6m 0.33% Reduced -4.9k -4,860
86 Integrated Wealth Concepts LLC 0.08% of their portfolio WALTHAM, MA 138,893138.9k $6.4m $6.4m 0.08% Reduced -11.4k -11,360
87 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 138,628138.6k $6.4m $6.4m 0.00% Reduced -14.1k -14,061
88 Kovack Advisors, Inc. 0.30% of their portfolio FT. LAUDERDALE, FL 136,387136.4k $6.3m $6.3m 0.30% Added +26.6k +26,591
89 Lido Advisors, LLC 0.02% of their portfolio Los Angeles, CA 135,327135.3k $6.2m $6.2m 0.02% Added +104.1k +104,079
90 1776 Wealth LLC 2.34% of their portfolio ATLANTA, GA 135,128135.1k $6.2m $6.2m 2.34% Added +1 +1
91 BARRETT & COMPANY, INC. 2.04% of their portfolio PROVIDENCE, RI 132,509132.5k $6.1m $6.1m 2.04% Added +2.0k +2,022
92 IHT Wealth Management, LLC 0.15% of their portfolio Chicago, IL 131,895131.9k $6.1m $6.1m 0.15% Reduced -6.4k -6,434
93 Stablepoint Partners, LLC 0.93% of their portfolio BRAINTREE, MA 129,212129.2k $6.0m $6.0m 0.93% Added +48.9k +48,898
94 Sigma Planning Corp 0.16% of their portfolio ANN ARBOR, MI 129,012129.0k $5.9m $5.9m 0.16% Added +24.6k +24,565
95 Atlas Legacy Advisors, LLC 1.02% of their portfolio LOS ANGELES, CA 126,295126.3k $5.8m $5.8m 1.02% Added +1.4k +1,440
96 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 125,776125.8k $5.8m $5.8m 0.02% Reduced -6.2k -6,180
97 Arkadios Wealth Advisors 0.11% of their portfolio ATLANTA, GA 124,313124.3k $5.7m $5.7m 0.11% Reduced -458 -458
98 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 123,698123.7k $5.7m $5.7m 0.02% Reduced -1.1k -1,103
99 SUMMIT WEALTH GROUP LLC / CO 0.76% of their portfolio COLORADO SPRINGS, CO 123,689123.7k $5.7m $5.7m 0.76% New
100 Higgins & Schmidt Wealth Strategies LLC 2.64% of their portfolio DENVER, CO 121,142121.1k $5.6m $5.6m 2.64% Reduced -2.2k -2,181