Vault-13

FIRST TR SML CP CORE ALPHA F FYX

COM SHS · ETP · CUSIP 33734Y109

160 institutional holders -8 vs Q4 2024
6,210,4506.2m shares reported held*
$559.5mreported value*
10 new 51 added 55 reduced 17 sold out net sold ≈ $12.0m (-132.9k 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 ($201.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $90.09. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 122Q4 22: 127Q1 23: 126Q2 23: 125Q3 23: 134Q4 23: 146Q1 24: 145Q2 24: 141Q3 24: 156Q4 24: 168Q1 25: 160160Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022122
Q4 2022127
Q1 2023126
Q2 2023125
Q3 2023134
Q4 2023146
Q1 2024145
Q2 2024141
Q3 2024156
Q4 2024168
Q1 2025160

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 47 bought or addedQ2 23: 69 cut or sold outQ3 23: 59 bought or addedQ3 23: 58 cut or sold outQ3 23Q4 23: 59 bought or addedQ4 23: 68 cut or sold outQ1 24: 67 bought or addedQ1 24: 60 cut or sold outQ1 24Q2 24: 53 bought or addedQ2 24: 75 cut or sold outQ3 24: 71 bought or addedQ3 24: 62 cut or sold outQ3 24Q4 24: 75 bought or addedQ4 24: 61 cut or sold outQ1 25: 61 bought or addedQ1 25: 72 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20234769
Q3 20235958
Q4 20235968
Q1 20246760
Q2 20245375
Q3 20247162
Q4 20247561
Q1 20256172

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ2 24 calls: $289.5kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $228.9kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —
Numbers
QuarterCallsPutsP/C
Q2 2024$289.5k$00.00
Q3 2024$228.9k$00.00
Q4 2024$0$0—
Q1 2025$0$0—

Biggest buyers

CITADEL ADVISORS LLC New +48,871+48.9k
Geneos Wealth Management Inc. Added +45,705+45.7k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +43,988+44.0k
Cetera Investment Advisers Added +42,061+42.1k
JANE STREET GROUP, LLC Added +28,526+28.5k
Cambridge Investment Research Advisors, Inc. Added +24,170+24.2k
Virtu Financial LLC New +22,383+22.4k
BANK OF AMERICA CORP /DE/ Added +17,380+17.4k
OLD MISSION CAPITAL LLC New +16,992+17.0k
GOLDMAN SACHS GROUP INC Added +16,217+16.2k

Biggest sellers

Hapanowicz & Associates Financial Services, Inc Reduced -177,900-177.9k
Wealth Alliance Advisory Group, LLC Reduced -64,534-64.5k
Independent Advisor Alliance Sold out -36,332-36.3k
MORGAN STANLEY Reduced -35,268-35.3k
OneDigital Investment Advisors LLC Sold out -28,391-28.4k
Janney Montgomery Scott LLC Reduced -24,600-24.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -14,590-14.6k
LVZ, Inc. Sold out -11,627-11.6k
WELLS FARGO & COMPANY/MN Reduced -11,379-11.4k
Coppell Advisory Solutions LLC Reduced -11,029-11.0k

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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 768,091768.1k $69.2m $69.2m 0.00% Reduced -35.3k -35,268
2 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 629,926629.9k $56.7m $56.7m 0.01% Reduced -11.4k -11,379
3 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 602,895602.9k $54.3m $54.3m 0.02% Added +8.2k +8,238
4 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 444,766444.8k $40.1m $40.1m 0.00% Added +17.4k +17,380
5 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 442,791442.8k $39.9m $39.9m 0.02% Reduced -1.1k -1,069
6 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 377,317377.3k $34.0m $34.0m 0.01% Reduced -1.2k -1,175
7 Janney Montgomery Scott LLC 0.06% of their portfolio PHILADELPHIA, PA 250,935250.9k $22.6m $22.6m 0.06% Reduced -24.6k -24,600
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 202,950202.9k $18.3m $18.3m 0.00% Reduced -3.1k -3,084
9 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 142,201142.2k $12.8m $12.8m 0.04% Added +24.2k +24,170
10 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 139,804139.8k $12.6m $12.6m 0.02% Added +42.1k +42,061
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 134,543134.5k $12.1m $12.1m 0.00% Added +5.0k +4,958
12 Main Line Retirement Advisors, LLC 6.65% of their portfolio WHITEFISH, MT 113,690113.7k $10.2m $10.2m 6.65% Added +637 +637
13 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 88,68288.7k $8.0m $8.0m 0.01% Added +705 +705
14 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 84,23384.2k $7.6m $7.6m 0.01% Added +2.1k +2,061
15 Hapanowicz & Associates Financial Services, Inc 3.53% of their portfolio PITTSBURGH, PA 70,29270.3k $6.3m $6.3m 3.53% Reduced -177.9k -177,900
16 Chicago Partners Investment Group LLC 0.21% of their portfolio CHICAGO, IL 70,23770.2k $6.2m $6.2m 0.21% Added +713 +713
17 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 63,32763.3k $5.7m $5.7m 0.03% Reduced -1.6k -1,550
18 Geneos Wealth Management Inc. 0.08% of their portfolio ENGLEWOOD, CO 61,99862.0k $5.6m $5.6m 0.08% Added +45.7k +45,705
19 Wealth Alliance Advisory Group, LLC 1.12% of their portfolio Wichita, KS 59,83559.8k $5.4m $5.4m 1.12% Reduced -64.5k -64,534
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 59,66559.7k $5.4m $5.4m 0.00% Added +44.0k +43,988
21 Genesee Capital Advisors, LLC 2.64% of their portfolio AUBURN, NY 58,62858.6k $5.3m $5.3m 2.64% Reduced -2.9k -2,924
22 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 56,30556.3k $5.1m $5.1m 0.01% Reduced -8.8k -8,761
23 CWM, LLC 0.02% of their portfolio OMAHA, NE 56,20956.2k $5.1m $5.1m 0.02% Added +2.5k +2,460
24 Vestmark Advisory Solutions, Inc. 0.12% of their portfolio Wakefield, MA 53,67453.7k $4.8m $4.8m 0.12% Reduced -4.9k -4,890
25 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 48,87148.9k $4.4m $4.4m 0.00% New
26 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 48,18448.2k $4.3m $4.3m 0.00% Added +1.6k +1,556
27 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 45,39945.4k $4.1m $4.1m 0.03% Added +978 +978
28 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 44,76444.8k $4.0m $4.0m 0.00% Added +963 +963
29 IFG Advisory, LLC 0.22% of their portfolio ATLANTA, GA 42,99543.0k $3.9m $3.9m 0.22% Reduced -2.4k -2,443
30 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 37,72537.7k $3.4m $3.4m 0.00% Reduced -729 -729
31 Mainsail Financial Group, LLC 1.92% of their portfolio BELLEVUE, WA 37,60537.6k $3.4m $3.4m 1.92% Added +1.7k +1,717
32 PARK NATIONAL CORP /OH/ 0.12% of their portfolio NEWARK, OH 36,46736.5k $3.3m $3.3m 0.12% Reduced -1.8k -1,824
33 MTM Investment Management, LLC 1.19% of their portfolio SPARTANBURG, SC 33,99434.0k $3.1m $3.1m 1.19% Added +339 +339
34 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 32,56032.6k $2.9m $2.9m 0.01% Added +28.5k +28,526
35 Regal Investment Advisors LLC 0.23% of their portfolio KENTWOOD, MI 31,78131.8k $2.9m $2.9m 0.23% Added +1.0k +1,040
36 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 30,46730.5k $2.7m $2.7m 0.01% Added +1.3k +1,279
37 SILVER OAK SECURITIES, INCORPORATED 0.25% of their portfolio JACKSON, TN 29,93929.9k $2.7m $2.7m 0.25% Added +277 +277
38 Per Stirling Capital Management, LLC. 0.38% of their portfolio AUSTIN, TX 29,06929.1k $2.6m $2.6m 0.38% Added +670 +670
39 Western Wealth Management, LLC 0.16% of their portfolio GOLDEN, CO 27,03827.0k $2.4m $2.4m 0.16% Added +559 +559
40 COMERICA BANK 0.01% of their portfolio DALLAS, TX 24,89324.9k $2.2m $2.2m 0.01% Added +664 +664
41 Virtu Financial LLC 0.11% of their portfolio New York, NY 22,38322.4k $2.0m $2.0m 0.11% New
42 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 20,64120.6k $1.9m $1.9m 0.00% Added +16.2k +16,217
43 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 20,29120.3k $1.8m $1.8m 0.01% Added +3.6k +3,622
44 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 18,46018.5k $1.7m $1.7m 0.01% Reduced -269 -269
45 CITY HOLDING CO 0.23% of their portfolio CHARLESTON, WV 18,45818.5k $1.7m $1.7m 0.23% Added +2.3k +2,270
46 Perennial Investment Advisors, LLC 0.18% of their portfolio Los Angeles, CA 18,19918.2k $1.6m $1.6m 0.18% Reduced -5.0k -4,961
47 OLD MISSION CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 16,99217.0k $1.5m $1.5m 0.03% New
48 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 15,61115.6k $1.4m $1.4m 0.01% Added +1.5k +1,473
49 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 15,32415.3k $1.4m $1.4m 0.00% Reduced -14.6k -14,590
50 Three Seasons Wealth, LLC 0.68% of their portfolio SALT LAKE CITY, UT 15,25115.3k $1.4m $1.4m 0.68% Reduced -643 -643
51 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 14,43914.4k $1.3m $1.3m 0.00% Added +118 +118
52 Keystone Financial Group 0.13% of their portfolio LEXINGTON, KY 13,98514.0k $1.3m $1.3m 0.13% Added +320 +320
53 B. Riley Wealth Advisors, Inc. 0.04% of their portfolio MEMPHIS, TN 13,85013.8k $1.2m $1.2m 0.04% Added +1.7k +1,686
54 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 12,86912.9k $1.2m $1.2m 0.00% Reduced -7.8k -7,750
55 Cyndeo Wealth Partners, LLC 0.08% of their portfolio ST. PETERSBURG, FL 12,86112.9k $1.2m $1.2m 0.08% Reduced -45 -45
56 ARS Wealth Advisors Group, LLC 0.16% of their portfolio St. Petersburg, FL 12,47512.5k $1.1m $1.1m 0.16% Reduced -384 -384
57 Lakeridge Wealth Management LLC 0.51% of their portfolio MENTOR, OH 11,38411.4k $1.0m $1.0m 0.51% Added +635 +635
58 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 11,31611.3k $1.0m $1.0m 0.01% Added +71 +71
59 Virtue Capital Management, LLC 0.12% of their portfolio BRENTWOOD, TN 11,08711.1k $1.0m $1.0m 0.12% New
60 POTENTIA WEALTH 0.44% of their portfolio SAN JOSE, CA 10,33510.3k $931.1k $931.1k 0.44% Reduced -758 -758
61 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 9,5689.6k $862.0k $862.0k 0.01% Added +465 +465
62 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 8,9008.9k $801.8k $801.8k 0.00% Unchanged
63 DAYMARK WEALTH PARTNERS, LLC 0.03% of their portfolio CINCINNATI, OH 8,0268.0k $723.1k $723.1k 0.03% Reduced -40 -40
64 TCFG WEALTH MANAGEMENT, LLC 0.35% of their portfolio LAGUNA NIGUEL, CA 7,7597.8k $699.0k $699.0k 0.35% Unchanged
65 Root Financial Partners, LLC 0.07% of their portfolio ENCINITAS, CA 7,3897.4k $665.7k $665.7k 0.07% Reduced -58 -58
66 Triumph Capital Management 0.19% of their portfolio DENVER, CO 6,4306.4k $579.3k $579.3k 0.19% Reduced -3.3k -3,266
67 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 6,1646.2k $555.3k $555.3k 0.00% Reduced -436 -436
68 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.04% of their portfolio CEDAR RAPIDS, IA 6,0866.1k $548.3k $548.3k 0.04% Reduced -350 -350
69 Keystone Wealth Services, LLC 0.15% of their portfolio PALM DESERT, CA 6,0346.0k $543.6k $543.6k 0.15% Unchanged
70 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 6,0106.0k $607.4k $607.4k 0.01% Unchanged
71 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 5,9145.9k $532.8k $532.8k 0.00% Reduced -1.1k -1,053
72 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 5,8895.9k $530.5k $530.5k 0.00% Added +375 +375
73 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 5,6665.7k $514.2k $514.2k 0.01% Added +117 +117
74 KPP Advisory Services LLC 0.10% of their portfolio Louisville, KY 5,6215.6k $506.4k $506.4k 0.10% Unchanged
75 GPS Wealth Strategies Group, LLC 0.07% of their portfolio CENTENNIAL, CO 5,5935.6k $503.9k $503.9k 0.07% Added +25 +25
76 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 5,5005.5k $495.5k $495.5k 0.01% Unchanged
77 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 5,3805.4k $484.7k $484.7k 0.00% Added +118 +118
78 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 5,0585.1k $455.7k $455.7k 0.01% Reduced -933 -933
79 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 4,9845.0k $449.0k $449.0k 0.00% Added +1.2k +1,231
80 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 4,9194.9k $443.2k $443.2k 0.00% Unchanged
81 DHJJ Financial Advisors, Ltd. 0.17% of their portfolio NAPERVILLE, IL 4,8144.8k $433.7k $433.7k 0.17% Unchanged
82 Morey & Quinn Wealth Partners, LLC 0.36% of their portfolio OMAHA, NE 4,7934.8k $431.8k $431.8k 0.36% Unchanged
83 SMITH, MOORE & CO. 0.04% of their portfolio CLAYTON, MO 4,7534.8k $428.2k $428.2k 0.04% Reduced -2.0k -2,023
84 Arax Advisory Partners 0.03% of their portfolio NEW YORK, NY 4,6014.6k $414.5k $414.5k 0.03% Reduced -169 -169
85 Independent Wealth Network Inc. 0.16% of their portfolio URBANDALE, IA 4,5794.6k $412.6k $412.6k 0.16% Added +106 +106
86 Northeast Financial Consultants Inc 0.02% of their portfolio WESTPORT, CT 4,4004.4k $396.4k $396.4k 0.02% Unchanged
87 Trueblood Wealth Management, LLC 0.18% of their portfolio LIMA, OH 4,3884.4k $395.3k $395.3k 0.18% Unchanged
88 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 4,3494.3k $391.8k $391.8k 0.01% Reduced -73 -73
89 Solano Wealth Investment Advisors LLC 0.24% of their portfolio Fairfield, CA 4,3374.3k $390.7k $390.7k 0.24% Unchanged
90 Belpointe Asset Management LLC 0.02% of their portfolio RENO, NV 4,1934.2k $377.8k $377.8k 0.02% Reduced -783 -783
91 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 4,0714.1k $367.0k $367.0k 0.02% Added +1.4k +1,354
92 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 4,0314.0k $363.2k $363.2k 0.01% Reduced -1.0k -1,030
93 SYNOVUS FINANCIAL CORP 0.00% of their portfolio Columbus, GA 3,8833.9k $349.9k $349.9k 0.00% Reduced -866 -866
94 Coppell Advisory Solutions LLC 0.04% of their portfolio COPPELL, TX 3,6463.6k $319.5k $319.5k 0.04% Reduced -11.0k -11,029
95 HM PAYSON & CO 0.01% of their portfolio PORTLAND, ME 3,5403.5k $318.9k $318.9k 0.01% Unchanged
96 Element Wealth, LLC 0.17% of their portfolio RIDGELAND, MS 3,5283.5k $317.8k $317.8k 0.17% Reduced -84 -84
97 Mariner, LLC 0.00% of their portfolio Overland Park, KS 3,5183.5k $316.9k $316.9k 0.00% Added +42 +42
98 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 3,5173.5k $316.8k $316.8k 0.01% Added +1.1k +1,150
99 TFG Advisers LLC 0.11% of their portfolio Auburn Hills, MI 3,4613.5k $311.8k $311.8k 0.11% Unchanged
100 MONECO ADVISORS, LLC 0.03% of their portfolio FAIRFIELD, CT 3,3853.4k $304.9k $304.9k 0.03% Reduced -1.2k -1,241