Vault-13

FIRST TR LRGE CP CORE ALPHA FEX

COM SHS · ETP · CUSIP 33734K109

229 institutional holders +10 vs Q4 2025
7,038,1337.0m shares reported held*
$860.7mreported value*
19 new 55 added 87 reduced 9 sold out net sold ≈ $14.0m (-114.5k 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 ($160.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $122.30.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 165Q4 22: 179Q1 23: 178Q2 23: 180Q3 23: 184Q4 23: 188Q1 24: 197Q2 24: 202Q3 24: 204Q4 24: 212Q1 25: 199Q2 25: 210Q3 25: 209Q4 25: 219Q1 26: 229229Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022165
Q4 2022179
Q1 2023178
Q2 2023180
Q3 2023184
Q4 2023188
Q1 2024197
Q2 2024202
Q3 2024204
Q4 2024212
Q1 2025199
Q2 2025210
Q3 2025209
Q4 2025219
Q1 2026229

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 59 bought or addedQ2 24: 93 cut or sold outQ3 24: 74 bought or addedQ3 24: 87 cut or sold outQ3 24Q4 24: 73 bought or addedQ4 24: 86 cut or sold outQ1 25: 69 bought or addedQ1 25: 97 cut or sold outQ1 25Q2 25: 71 bought or addedQ2 25: 92 cut or sold outQ3 25: 76 bought or addedQ3 25: 77 cut or sold outQ3 25Q4 25: 70 bought or addedQ4 25: 95 cut or sold outQ1 26: 74 bought or addedQ1 26: 96 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20245993
Q3 20247487
Q4 20247386
Q1 20256997
Q2 20257192
Q3 20257677
Q4 20257095
Q1 20267496

Biggest buyers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +51,957+52.0k
Elevation Capital Advisory, LLC New +49,089+49.1k
WELLS FARGO & COMPANY/MN Added +33,587+33.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +30,711+30.7k
MERCER GLOBAL ADVISORS INC /ADV Added +27,488+27.5k
Keystone Wealth Services, LLC New +20,181+20.2k
CITADEL ADVISORS LLC Added +17,447+17.4k
Independent Advisor Alliance New +14,398+14.4k
Hershey Financial Advisers, LLC New +13,231+13.2k
GOLDMAN SACHS GROUP INC Added +12,177+12.2k

Biggest sellers

ROYAL BANK OF CANADA Reduced -69,924-69.9k
RAYMOND JAMES FINANCIAL INC Reduced -53,853-53.9k
MORGAN STANLEY Reduced -48,089-48.1k
OSAIC HOLDINGS, INC. Reduced -38,473-38.5k
Virtu Financial LLC Reduced -30,027-30.0k
TRUIST FINANCIAL CORP Reduced -24,122-24.1k
LPL Financial LLC Reduced -23,241-23.2k
BENJAMIN EDWARDS INC Sold out -20,477-20.5k
US BANCORP \DE\ Reduced -16,939-16.9k
UBS Group AG Reduced -16,096-16.1k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,059,9021.1m $129.2m $129.2m 0.01% Reduced -48.1k -48,089
2 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 972,370972.4k $118.6m $118.6m 0.03% Reduced -23.2k -23,241
3 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 536,727536.7k $65.4m $65.4m 0.01% Added +33.6k +33,587
4 Janney Montgomery Scott LLC 0.15% of their portfolio PHILADELPHIA, PA 511,453511.5k $62.4m $62.4m 0.15% Added +4.3k +4,338
5 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 252,319252.3k $30.8m $30.8m 0.01% Reduced -53.9k -53,853
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 234,821234.8k $28.6m $28.6m 0.00% Added +6.9k +6,936
7 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 213,629213.6k $26.0m $26.0m 0.04% Reduced -240 -240
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 184,334184.3k $22.5m $22.5m 0.00% Reduced -16.1k -16,096
9 HBK Sorce Advisory LLC 0.47% of their portfolio ERIE, PA 176,933176.9k $23.2m $23.2m 0.47% Reduced -3.1k -3,065
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 155,493155.5k $19.0m $19.0m 0.00% Reduced -69.9k -69,924
11 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 151,235151.2k $18.4m $18.4m 0.02% Reduced -24.1k -24,122
12 SILVER OAK SECURITIES, INCORPORATED 1.20% of their portfolio JACKSON, TN 134,610134.6k $16.4m $16.4m 1.20% Reduced -1.9k -1,889
13 Crusonia Wealth Advisors LLC 3.33% of their portfolio DENVER, CO 132,254132.3k $16.1m $16.1m 3.33% Added +167 +167
14 BIP Wealth, LLC 0.63% of their portfolio ATLANTA, GA 127,052127.1k $15.5m $15.5m 0.63% Reduced -5.7k -5,667
15 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 123,184123.2k $15.0m $15.0m 0.02% Reduced -38.5k -38,473
16 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 118,123118.1k $14.4m $14.4m 0.02% Added +3.5k +3,454
17 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 93,34193.3k $11.4m $11.4m 0.05% Reduced -15 -15
18 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 91,91091.9k $11.2m $11.2m 0.03% Reduced -13.2k -13,167
19 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 61,93861.9k $7.6m $7.6m 0.01% Reduced -16.9k -16,939
20 GREAT VALLEY ADVISOR GROUP, INC. 0.14% of their portfolio WILMINGTON, DE 61,63661.6k $7.5m $7.5m 0.14% Reduced -101 -101
21 Kingsview Wealth Management, LLC 0.10% of their portfolio GRANTS PASS, OR 60,98961.0k $7.4m $7.4m 0.10% Reduced -2.9k -2,901
22 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 60,06960.1k $7.3m $7.3m 0.00% Reduced -242 -242
23 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 56,62356.6k $6.9m $6.9m 0.03% Added +114 +114
24 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 54,98255.0k $6.8m $6.8m 0.01% Added +52.0k +51,957
25 Chicago Partners Investment Group LLC 0.16% of their portfolio CHICAGO, IL 54,83154.8k $7.1m $7.1m 0.16% Reduced -42 -42
26 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 53,16053.2k $6.5m $6.5m 0.00% Reduced -2.6k -2,624
27 Triumph Capital Management 1.29% of their portfolio DENVER, CO 51,78451.8k $6.3m $6.3m 1.29% Reduced -192 -192
28 Elevation Capital Advisory, LLC 2.55% of their portfolio BEND, OR 49,08949.1k $6.0m $6.0m 2.55% New
29 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 46,69046.7k $5.7m $5.7m 0.00% Added +12.2k +12,177
30 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 45,93745.9k $5.6m $5.6m 0.01% Reduced -677 -677
31 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 33,09833.1k $4.0m $4.0m 0.00% Reduced -14.3k -14,251
32 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 31,43631.4k $3.8m $3.8m 0.01% Added +27.5k +27,488
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 30,71130.7k $3.7m $3.7m 0.00% New
34 KPP Advisory Services LLC 0.53% of their portfolio Louisville, KY 29,95430.0k $3.7m $3.7m 0.53% Reduced -1.9k -1,863
35 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 28,65328.7k $3.5m $3.5m 0.02% Added +7 +7
36 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 24,83424.8k $3.0m $3.0m 0.02% Reduced -757 -757
37 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 23,24223.2k $2.8m $2.8m 0.00% Reduced -462 -462
38 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 22,07822.1k $2.7m $2.7m 0.00% Added +17.4k +17,447
39 TCFG WEALTH MANAGEMENT, LLC 0.98% of their portfolio LAGUNA NIGUEL, CA 21,50721.5k $2.6m $2.6m 0.98% Added +201 +201
40 TCFG Investment Advisors, LLC 0.98% of their portfolio LAGUNA NIGUEL, CA 21,50721.5k $2.6m $2.6m 0.98% First filing
41 Keystone Wealth Services, LLC 0.53% of their portfolio PALM DESERT, CA 20,18120.2k $2.5m $2.5m 0.53% New
42 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,86917.9k $2.2m $2.2m 0.00% Added +6 +6
43 AssuredPartners Investment Advisors, LLC 0.23% of their portfolio Tampa, FL 16,87516.9k $2.1m $2.1m 0.23% Reduced -510 -510
44 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 16,72216.7k $2.0m $2.0m 0.02% Reduced -613 -613
45 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 16,43616.4k $2.0m $2.0m 0.01% Added +3.8k +3,789
46 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 16,23716.2k $2.0m $2.0m 0.00% Added +26 +26
47 Belpointe Asset Management LLC 0.07% of their portfolio RENO, NV 16,21516.2k $2.0m $2.0m 0.07% Reduced -683 -683
48 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 15,48315.5k $1.9m $1.9m 0.00% Added +242 +242
49 Atlanta Consulting Group Advisors, LLC 0.39% of their portfolio ATLANTA, GA 15,04915.0k $1.8m $1.8m 0.39% Unchanged
50 Focus Financial Network, Inc. 0.06% of their portfolio MINNEAPOLIS, MN 14,78314.8k $1.8m $1.8m 0.06% Reduced -235 -235
51 Independent Advisor Alliance 0.02% of their portfolio CHARLOTTE, NC 14,39814.4k $1.8m $1.8m 0.02% New
52 Arkadios Wealth Advisors 0.03% of their portfolio ATLANTA, GA 13,59313.6k $1.7m $1.7m 0.03% Reduced -1.1k -1,136
53 Hershey Financial Advisers, LLC 1.39% of their portfolio LANCASTER, PA 13,23113.2k $1.6m $1.6m 1.39% New
54 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 12,45512.5k $1.5m $1.5m 0.00% Reduced -815 -815
55 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 12,38812.4k $1.5m $1.5m 0.00% Added +650 +650
56 Golden State Wealth Management, LLC 0.16% of their portfolio SANTA ANA, CA 12,20912.2k $1.5m $1.5m 0.16% Unchanged
57 Morey & Quinn Wealth Partners, LLC 1.04% of their portfolio OMAHA, NE 12,00712.0k $1.5m $1.5m 1.04% Unchanged
58 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 11,83911.8k $1.4m $1.4m 0.02% Reduced -733 -733
59 Wedmont Private Capital 0.05% of their portfolio WEST CHESTER, PA 11,67911.7k $1.5m $1.5m 0.05% Unchanged
60 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 11,38211.4k $1.4m $1.4m 0.02% Added +655 +655
61 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 11,28811.3k $1.4m $1.4m 0.01% Added +434 +434
62 CENTAURUS FINANCIAL, INC. 0.06% of their portfolio ANAHEIM, CA 10,65010.7k $1.3m $1.3m 0.06% Reduced -22 -22
63 Kaydan Wealth Management, Inc. 0.43% of their portfolio FENTON, MI 10,62910.6k $1.3m $1.3m 0.43% Reduced -54 -54
64 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 10,47110.5k $1.3m $1.3m 0.01% Reduced -69 -69
65 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 10,41510.4k $1.3m $1.3m 0.01% Reduced -1.3k -1,329
66 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 10,38810.4k $1.3m $1.3m 0.01% Added +2.8k +2,763
67 POTENTIA WEALTH 0.48% of their portfolio SAN JOSE, CA 10,21410.2k $1.2m $1.2m 0.48% Reduced -1.0k -1,017
68 Prosperity Consulting Group, LLC 0.06% of their portfolio OWINGS MILLS, MD 10,21010.2k $1.2m $1.2m 0.06% Reduced -294 -294
69 Ancora Advisors LLC 0.03% of their portfolio Cleveland, OH 9,6679.7k $1.2m $1.2m 0.03% Reduced -300 -300
70 WETZEL INVESTMENT ADVISORS, INC. 0.46% of their portfolio INDIANAPOLIS, IN 9,4709.5k $1.2m $1.2m 0.46% Reduced -10 -10
71 FMR LLC 0.00% of their portfolio BOSTON, MA 9,3929.4k $1.1m $1.1m 0.00% Added +848 +848
72 RIK SAYLOR FINANCIAL, INC. 0.87% of their portfolio FAIRFIELD, OH 9,3719.4k $1.1m $1.1m 0.87% Added +6 +6
73 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 9,2959.3k $1.1m $1.1m 0.00% Added +1.5k +1,497
74 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 9,1179.1k $1.1m $1.1m 0.01% Reduced -610 -610
75 Farrell Financial LLC 0.62% of their portfolio ORCHARD PARK, NY 8,5098.5k $1.0m $1.0m 0.62% Added +3 +3
76 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 8,4608.5k $1.0m $1.0m 0.00% Added +2 +2
77 PARK NATIONAL CORP /OH/ 0.03% of their portfolio NEWARK, OH 8,3058.3k $1.0m $1.0m 0.03% Unchanged
78 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 7,4877.5k $912.9k $912.9k 0.00% Reduced -326 -326
79 Richmond Investment Services, LLC 0.15% of their portfolio Mequon, WI 7,4387.4k $906.8k $906.8k 0.15% Unchanged
80 COZAD ASSET MANAGEMENT INC 0.07% of their portfolio CHAMPAIGN, IL 7,3657.4k $898.0k $898.0k 0.07% Reduced -208 -208
81 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 7,1617.2k $873.2k $873.2k 0.00% Reduced -96 -96
82 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 7,0537.1k $860.0k $860.0k 0.00% Reduced -180 -180
83 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 6,8936.9k $820.1k $820.1k 0.01% Added +740 +740
84 Transamerica Financial Advisors, LLC 0.07% of their portfolio CEDAR RAPIDS, IA 6,5546.6k $799.1k $799.1k 0.07% Reduced -4.0k -3,979
85 Proactive Wealth Strategies LLC 0.15% of their portfolio MARIETTA, GA 6,3896.4k $779.1k $779.1k 0.15% Added +3.2k +3,202
86 PEAPACK GLADSTONE FINANCIAL CORP 0.01% of their portfolio BEDMINSTER, NJ 6,3316.3k $772.0k $772.0k 0.01% Added +205 +205
87 Sterling Investment Advisors, Ltd. 0.14% of their portfolio BERWYN, PA 6,3146.3k $769.9k $769.9k 0.14% Unchanged
88 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 5,8015.8k $707.8k $707.8k 0.01% Added +1 +1
89 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 5,6255.6k $685.8k $685.8k 0.00% Reduced -66 -66
90 WealthPlan Investment Management, LLC 0.04% of their portfolio OMAHA, NE 5,3165.3k $648.2k $648.2k 0.04% Unchanged
91 Virtu Financial LLC 0.03% of their portfolio New York, NY 5,2395.2k $639.0k $639.0k 0.03% Reduced -30.0k -30,027
92 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 5,1875.2k $632.5k $632.5k 0.01% Reduced -860 -860
93 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 5,1515.2k $628.0k $628.0k 0.01% Reduced -48 -48
94 Regal Investment Advisors LLC 0.04% of their portfolio KENTWOOD, MI 5,1145.1k $623.6k $623.6k 0.04% Added +1 +1
95 Arax Advisory Partners 0.02% of their portfolio NEW YORK, NY 5,0635.1k $617.4k $617.4k 0.02% Added +1 +1
96 DAYMARK WEALTH PARTNERS, LLC 0.02% of their portfolio CINCINNATI, OH 4,8704.9k $593.8k $593.8k 0.02% Unchanged
97 Ameritas Advisory Services, LLC 0.02% of their portfolio Lincoln, NE 4,7514.8k $579.3k $579.3k 0.02% Reduced -312 -312
98 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 4,7404.7k $577.9k $577.9k 0.01% Added +202 +202
99 Gladstone Institutional Advisory LLC 0.02% of their portfolio Bedminster, NJ 4,6304.6k $564.6k $564.6k 0.02% Reduced -8 -8
100 Venture Visionary Partners LLC 0.02% of their portfolio Sylvania, OH 4,5744.6k $557.7k $557.7k 0.02% Unchanged