Vault-13

FIRST TR EXCHANGE TRADED FD FXL

TECH ALPHADEX · ETP · CUSIP 33734X176

254 institutional holders +20 vs Q1 2025
5,208,7135.2m shares reported held*
$819.8mreported value*
35 new 40 added 96 reduced 19 sold out net sold ≈ $2.1m (-13.0k 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. Holder counts are more reliable. Implied quarter-end price ≈ $157.40. Options: 2 managers hold calls ($802.5k notional), 1 hold puts ($786.8k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 187Q4 22: 196Q1 23: 199Q2 23: 204Q3 23: 208Q4 23: 224Q1 24: 228Q2 24: 237Q3 24: 236Q4 24: 261Q1 25: 234Q2 25: 254254Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022187
Q4 2022196
Q1 2023199
Q2 2023204
Q3 2023208
Q4 2023224
Q1 2024228
Q2 2024237
Q3 2024236
Q4 2024261
Q1 2025234
Q2 2025254

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 66 bought or addedQ3 23: 82 cut or sold outQ4 23: 83 bought or addedQ4 23: 83 cut or sold outQ4 23Q1 24: 75 bought or addedQ1 24: 102 cut or sold outQ2 24: 71 bought or addedQ2 24: 94 cut or sold outQ2 24Q3 24: 72 bought or addedQ3 24: 100 cut or sold outQ4 24: 75 bought or addedQ4 24: 91 cut or sold outQ4 24Q1 25: 51 bought or addedQ1 25: 128 cut or sold outQ2 25: 75 bought or addedQ2 25: 115 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20236682
Q4 20238383
Q1 202475102
Q2 20247194
Q3 202472100
Q4 20247591
Q1 202551128
Q2 202575115

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 24 calls: $859.6kQ3 24 puts: $970.5kQ3 24P/C 1.13Q4 24 calls: $742.8kQ4 24 puts: $6.0mQ4 24P/C 8.02Q1 25 calls: $0Q1 25 puts: $661.2kQ1 25P/C —Q2 25 calls: $802.5kQ2 25 puts: $786.8kQ2 25P/C 0.98
Numbers
QuarterCallsPutsP/C
Q3 2024$859.6k$970.5k1.13
Q4 2024$742.8k$6.0m8.02
Q1 2025$0$661.2k—
Q2 2025$802.5k$786.8k0.98

Biggest buyers

Vestmark Advisory Solutions, Inc. Added +67,826+67.8k
ROYAL BANK OF CANADA Added +57,971+58.0k
LPL Financial LLC Added +42,403+42.4k
Rockefeller Capital Management L.P. Added +24,686+24.7k
MORGAN STANLEY Added +17,760+17.8k
CITADEL ADVISORS LLC Added +15,153+15.2k
STIFEL FINANCIAL CORP Added +7,646+7.6k
ENVESTNET ASSET MANAGEMENT INC Added +6,129+6.1k
AMERIPRISE FINANCIAL INC Added +5,022+5.0k
Retirement Planning Group, LLC Added +4,427+4.4k

Biggest sellers

WELLS FARGO & COMPANY/MN Reduced -55,540-55.5k
Creative Planning Reduced -49,205-49.2k
CX Institutional Reduced -43,894-43.9k
WIN ADVISORS, INC Sold out -22,118-22.1k
Spire Wealth Management Reduced -20,027-20.0k
BANK OF AMERICA CORP /DE/ Reduced -18,477-18.5k
RVW Wealth, LLC Reduced -10,015-10.0k
UBS Group AG Reduced -8,300-8.3k
OSAIC HOLDINGS, INC. Reduced -7,323-7.3k
Peak Planning Group, LLC Sold out -5,292-5.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $424.9k2.7k shares
Belvedere Trading LLC New $377.7k2.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $786.8k5.0k 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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FIRST TRUST PORTFOLIOS LP 13G · institution -1.1 pts · filed 2026-10-19 28.2% -1.1 pts 3.6m≈ $781.4m 2026-10-19

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 720,754720.8k $113.4m $113.4m 0.01% Added +17.8k +17,760
2 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 538,390538.4k $84.7m $84.7m 0.03% Added +42.4k +42,403
3 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 527,521527.5k $83.0m $83.0m 0.02% Reduced -55.5k -55,540
4 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 425,938425.9k $67.0m $67.0m 0.02% Reduced -3.4k -3,442
5 Vestmark Advisory Solutions, Inc. 0.38% of their portfolio Wakefield, MA 168,840168.8k $26.6m $26.6m 0.38% Added +67.8k +67,826
6 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 150,416150.4k $23.7m $23.7m 0.04% Reduced -7.3k -7,323
7 UBS Group AG 0.00% of their portfolio ZURICH, V8 144,388144.4k $22.7m $22.7m 0.00% Reduced -8.3k -8,300
8 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 135,647135.6k $21.3m $21.3m 0.03% Added +971 +971
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 126,630126.6k $19.9m $19.9m 0.00% Reduced -18.5k -18,477
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 125,574125.6k $19.8m $19.8m 0.00% Added +58.0k +57,971
11 Genesee Capital Advisors, LLC 7.64% of their portfolio AUBURN, NY 108,328108.3k $17.0m $17.0m 7.64% Added +776 +776
12 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 105,740105.7k $16.6m $16.6m 0.02% Added +3.7k +3,660
13 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 97,89897.9k $15.4m $15.4m 0.00% Added +6.1k +6,129
14 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 89,05089.0k $14.0m $14.0m 0.00% Added +5.0k +5,022
15 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 87,28087.3k $13.7m $13.7m 0.04% Reduced -4.8k -4,758
16 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 80,63180.6k $12.7m $12.7m 0.01% Added +7.6k +7,646
17 MAI Capital Management 0.08% of their portfolio INDEPENDENCE, OH 76,15076.2k $12.0m $12.0m 0.08% Reduced -1.8k -1,764
18 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 70,51570.5k $11.1m $11.1m 0.02% Added +1.4k +1,442
19 RVW Wealth, LLC 0.92% of their portfolio LOS ANGELES, CA 68,52168.5k $10.8m $10.8m 0.92% Reduced -10.0k -10,015
20 Choice Wealth Advisors LLC 4.06% of their portfolio WATERVILLE, ME 57,11257.1k $9.0m $9.0m 4.06% Reduced -680 -680
21 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 50,56350.6k $8.0m $8.0m 0.01% Reduced -49.2k -49,205
22 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 49,53049.5k $7.8m $7.8m 0.01% Added +24.7k +24,686
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 45,63245.6k $7.2m $7.2m 0.01% Added +3.0k +3,026
24 D.A. DAVIDSON & CO. 0.05% of their portfolio GREAT FALLS, MT 42,71442.7k $6.7m $6.7m 0.05% Reduced -275 -275
25 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 42,69842.7k $6.7m $6.7m 0.02% Reduced -291 -291
26 Strategic Blueprint, LLC 0.28% of their portfolio ATLANTA, GA 36,65436.7k $5.8m $5.8m 0.28% Reduced -317 -317
27 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 34,41534.4k $5.4m $5.4m 0.01% Reduced -198 -198
28 Triton Wealth Management, PLLC 2.23% of their portfolio SUN CITY, AZ 32,75032.8k $5.2m $5.2m 2.23% First filing
29 IHT Wealth Management, LLC 0.14% of their portfolio Chicago, IL 32,34032.3k $5.1m $5.1m 0.14% Reduced -227 -227
30 KESTRA PRIVATE WEALTH SERVICES, LLC 0.07% of their portfolio AUSTIN, TX 30,65630.7k $4.8m $4.8m 0.07% Reduced -826 -826
31 BRASS TAX WEALTH MANAGEMENT, INC 0.90% of their portfolio CINCINNATI, OH 29,70329.7k $4.7m $4.7m 0.90% Reduced -803 -803
32 Chicago Partners Investment Group LLC 0.13% of their portfolio CHICAGO, IL 27,52627.5k $4.4m $4.4m 0.13% Reduced -717 -717
33 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 25,21225.2k $4.0m $4.0m 0.02% Added +1.4k +1,369
34 AVANTAX ADVISORY SERVICES, INC. 0.02% of their portfolio DALLAS, TX 22,78822.8k $3.6m $3.6m 0.02% Reduced -63 -63
35 Schrum Private Wealth Management LLC 2.83% of their portfolio ST. AUGUSTINE, FL 22,42422.4k $3.5m $3.5m 2.83% Unchanged
36 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 20,63020.6k $3.2m $3.2m 0.00% Added +301 +301
37 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 19,82819.8k $3.1m $3.1m 0.02% Reduced -594 -594
38 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 19,77719.8k $3.1m $3.1m 0.00% Added +15.2k +15,153
39 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 18,23418.2k $2.9m $2.9m 0.00% Reduced -3.2k -3,176
40 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 16,51016.5k $2.6m $2.6m 0.01% Added +1.2k +1,182
41 Socha Financial Group, LLC 1.15% of their portfolio CORNING, NY 16,39216.4k $2.6m $2.6m 1.15% Reduced -2.2k -2,232
42 STEPHENS INC /AR/ 0.04% of their portfolio LITTLE ROCK, AR 16,26116.3k $2.6m $2.6m 0.04% Added +1 +1
43 Proactive Wealth Strategies LLC 1.21% of their portfolio MARIETTA, GA 16,24216.2k $2.6m $2.6m 1.21% Reduced -20 -20
44 Wealth Watch Advisors, INC 1.43% of their portfolio ENGLEWOOD, CO 15,72415.7k $2.5m $2.5m 1.43% Reduced -1.3k -1,324
45 MTM Investment Management, LLC 0.79% of their portfolio SPARTANBURG, SC 14,91614.9k $2.3m $2.3m 0.79% Reduced -55 -55
46 L & S Advisors Inc 0.23% of their portfolio Los Angeles, CA 14,88514.9k $2.3m $2.3m 0.23% Added +1.3k +1,262
47 Brueske Advisory Services, LLC 1.57% of their portfolio Bellevue, WA 14,65314.7k $2.3m $2.3m 1.57% Reduced -428 -428
48 CoreCap Advisors, LLC 0.09% of their portfolio SOUTHFIELD, MI 14,23714.2k $2.2m $2.2m 0.09% Reduced -409 -409
49 Farther Finance Advisors, LLC 0.04% of their portfolio SAN FRANCISCO, CA 12,98813.0k $2.0m $2.0m 0.04% Added +148 +148
50 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 12,56312.6k $2.0m $2.0m 0.00% Reduced -560 -560
51 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 11,71011.7k $1.8m $1.8m 0.00% Reduced -1 -1
52 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 11,63311.6k $1.8m $1.8m 0.01% Reduced -2 -2
53 Plotkin Financial Advisors, LLC 0.97% of their portfolio CHEVY CHASE, MD 11,11811.1k $1.7m $1.7m 0.97% Unchanged
54 Paragon Private Wealth Management, LLC 0.69% of their portfolio LEXINGTON, KY 11,00311.0k $1.7m $1.7m 0.69% Reduced -937 -937
55 Novak & Powell Financial Services, Inc. 1.10% of their portfolio ST. PETERSBURG, FL 10,09210.1k $1.6m $1.6m 1.10% Reduced -80 -80
56 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 9,98610.0k $1.6m $1.6m 0.00% Added +1.2k +1,194
57 Arkadios Wealth Advisors 0.05% of their portfolio ATLANTA, GA 9,9379.9k $1.6m $1.6m 0.05% Added +535 +535
58 Arax Advisory Partners 0.07% of their portfolio NEW YORK, NY 9,8039.8k $1.5m $1.5m 0.07% Added +577 +577
59 TFG Advisers LLC 0.50% of their portfolio Auburn Hills, MI 9,2919.3k $1.5m $1.5m 0.50% Reduced -46 -46
60 Three Seasons Wealth, LLC 0.17% of their portfolio SALT LAKE CITY, UT 9,2789.3k $1.5m $1.5m 0.17% Reduced -696 -696
61 BENJAMIN EDWARDS INC 0.02% of their portfolio Clayton, MO 8,9529.0k $1.4m $1.4m 0.02% Added +1.1k +1,139
62 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.18% of their portfolio INDIANAPOLIS, IN 8,9508.9k $1.4m $1.4m 0.18% Reduced -626 -626
63 IFP Advisors, Inc 0.04% of their portfolio TAMPA, FL 8,6978.7k $1.4m $1.4m 0.04% Reduced -154 -154
64 Bawa N Mallick Trust 0.57% of their portfolio FOREST HILLS, NY 8,6978.7k $1.4m $1.4m 0.57% Unchanged
65 Coppell Advisory Solutions LLC 0.09% of their portfolio COPPELL, TX 8,5468.5k $1.3m $1.3m 0.09% Added +4.3k +4,273
66 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 8,1808.2k $1.3m $1.3m 0.00% Added +492 +492
67 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 7,8047.8k $1.2m $1.2m 0.00% Reduced -495 -495
68 Clear Creek Financial Management, LLC 0.11% of their portfolio SILVERDALE, WA 7,6247.6k $1.2m $1.2m 0.11% Reduced -718 -718
69 Retirement Planning Group, LLC 0.05% of their portfolio LEAWOOD, KS 7,5577.6k $1.2m $1.2m 0.05% Added +4.4k +4,427
70 CWM, LLC 0.00% of their portfolio OMAHA, NE 7,1387.1k $1.1m $1.1m 0.00% Reduced -233 -233
71 Ashton Thomas Private Wealth, LLC 0.04% of their portfolio SCOTTSDALE, AZ 7,1327.1k $1.1m $1.1m 0.04% Reduced -125 -125
72 RFG Advisory, LLC 0.03% of their portfolio BIRMINGHAM, AL 6,9867.0k $1.1m $1.1m 0.03% Reduced -103 -103
73 Focus Financial Network, Inc. 0.04% of their portfolio MINNEAPOLIS, MN 6,9797.0k $1.1m $1.1m 0.04% Added +699 +699
74 Apollon Wealth Management, LLC 0.02% of their portfolio MOUNT PLEASANT, SC 6,8266.8k $1.1m $1.1m 0.02% Reduced -238 -238
75 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 6,5546.6k $1.0m $1.0m 0.01% Reduced -127 -127
76 Prospera Financial Services Inc 0.02% of their portfolio Dallas, TX 6,2616.3k $985.8k $985.8k 0.02% Added +189 +189
77 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 6,0966.1k $959.3k $959.3k 0.01% Unchanged
78 Kesler, Norman & Wride, LLC 0.17% of their portfolio OGDEN, UT 6,0226.0k $947.6k $947.6k 0.17% Reduced -132 -132
79 Stablepoint Partners, LLC 0.15% of their portfolio BRAINTREE, MA 5,7885.8k $910.8k $910.8k 0.15% Added +146 +146
80 TruWealth Advisors, LLC 0.05% of their portfolio Metairie, LA 5,5625.6k $875.2k $875.2k 0.05% Unchanged
81 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 5,4315.4k $874.4k $874.4k 0.02% Added +51 +51
82 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 5,3625.4k $843.8k $843.8k 0.00% Reduced -178 -178
83 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 5,3575.4k $858.6k $858.6k 0.01% Added +62 +62
84 WEDBUSH SECURITIES INC 0.03% of their portfolio PASADENA, CA 5,2755.3k $830.0k $830.0k 0.03% Reduced -20 -20
85 WMG Financial Advisors, LLC 0.30% of their portfolio Knoxville, TN 5,1055.1k $803.3k $803.3k 0.30% Reduced -94 -94
86 COMERICA BANK 0.00% of their portfolio DALLAS, TX 5,0665.1k $797.2k $797.2k 0.00% Reduced -39 -39
87 PGIM Custom Harvest LLC 0.02% of their portfolio NEWARK, NJ 4,9985.0k $786.5k $786.5k 0.02% Unchanged
88 FMR LLC 0.00% of their portfolio BOSTON, MA 4,8904.9k $769.4k $769.4k 0.00% Reduced -80 -80
89 Morey & Quinn Wealth Partners, LLC 0.62% of their portfolio OMAHA, NE 4,8884.9k $769.2k $769.2k 0.62% Reduced -4 -4
90 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 4,8014.8k $755.5k $755.5k 0.00% Unchanged
91 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio ORLANDO, FL 4,4574.5k $701.3k $701.3k 0.06% Reduced -20 -20
92 TCFG WEALTH MANAGEMENT, LLC 0.32% of their portfolio LAGUNA NIGUEL, CA 4,4424.4k $699.0k $699.0k 0.32% Reduced -15 -15
93 Mariner, LLC 0.00% of their portfolio Overland Park, KS 4,4034.4k $692.9k $692.9k 0.00% Reduced -6 -6
94 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 4,3794.4k $689.1k $689.1k 0.02% Added +1.9k +1,900
95 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 4,1574.2k $654.1k $654.1k 0.01% Reduced -3.9k -3,851
96 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 4,0424.0k $636.0k $636.0k 0.01% Reduced -21 -21
97 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 4,0134.0k $631.5k $631.5k 0.01% Added +750 +750
98 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 4,0014.0k $629.6k $629.6k 0.00% Reduced -260 -260
99 Regal Investment Advisors LLC 0.04% of their portfolio KENTWOOD, MI 3,7973.8k $597.4k $597.4k 0.04% Unchanged
100 Beacon Pointe Advisors, LLC 0.01% of their portfolio NEWPORT BEACH, CA 3,7803.8k $594.9k $594.9k 0.01% Reduced -300 -300