Vault-13

FIRST TR SML CP CORE ALPHA F FYX

COM SHS · ETP · CUSIP 33734Y109

181 institutional holders +8 vs Q4 2025
6,127,9606.1m shares reported held*
$732.5mreported value*
23 new 65 added 56 reduced 14 sold out net bought ≈ $55.4m (+464.6k 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 ($384.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $119.54.

Trends to Q1 2026

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: 160Q2 25: 160Q3 25: 156Q4 25: 173Q1 26: 181181Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022122
Q4 2022127
Q1 2023126
Q2 2023125
Q3 2023134
Q4 2023146
Q1 2024145
Q2 2024141
Q3 2024156
Q4 2024168
Q1 2025160
Q2 2025160
Q3 2025156
Q4 2025173
Q1 2026181

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 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 25Q2 25: 57 bought or addedQ2 25: 84 cut or sold outQ3 25: 60 bought or addedQ3 25: 78 cut or sold outQ3 25Q4 25: 60 bought or addedQ4 25: 74 cut or sold outQ1 26: 88 bought or addedQ1 26: 70 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20245375
Q3 20247162
Q4 20247561
Q1 20256172
Q2 20255784
Q3 20256078
Q4 20256074
Q1 20268870

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +142,949+142.9k
ROYAL BANK OF CANADA Added +103,921+103.9k
UBS Group AG Added +52,546+52.5k
Per Stirling Capital Management, LLC. Added +32,274+32.3k
RFG Advisory, LLC New +30,871+30.9k
LPL Financial LLC Added +28,812+28.8k
JANE STREET GROUP, LLC New +22,465+22.5k
FIFTH THIRD BANCORP New +22,002+22.0k
Virtu Financial LLC New +21,120+21.1k
MERCER GLOBAL ADVISORS INC /ADV New +20,673+20.7k

Biggest sellers

SILVER OAK SECURITIES, INCORPORATED Sold out -31,011-31.0k
FWG Holdings, LLC Reduced -21,039-21.0k
IFG Advisory, LLC Reduced -20,074-20.1k
Cambridge Investment Research Advisors, Inc. Reduced -18,039-18.0k
MORGAN STANLEY Reduced -14,586-14.6k
TWO SIGMA SECURITIES, LLC Sold out -7,237-7.2k
Integrated Wealth Concepts LLC Reduced -6,226-6.2k
Envestnet Portfolio Solutions, Inc. Sold out -5,107-5.1k
AXXCESS WEALTH MANAGEMENT, LLC Sold out -4,678-4.7k
Corient Private Wealth LP Reduced -4,573-4.6k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 708,400708.4k $84.5m $84.5m 0.02% Added +103.9k +103,921
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 652,809652.8k $77.9m $77.9m 0.00% Reduced -14.6k -14,586
3 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 612,053612.1k $73.1m $73.1m 0.02% Added +28.8k +28,812
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 544,360544.4k $65.0m $65.0m 0.01% Reduced -4.4k -4,366
5 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 413,853413.9k $49.4m $49.4m 0.02% Added +142.9k +142,949
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 371,540371.5k $44.3m $44.3m 0.00% Added +51 +51
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 304,621304.6k $36.4m $36.4m 0.01% Added +52.5k +52,546
8 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 253,525253.5k $30.3m $30.3m 0.07% Added +14.6k +14,562
9 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 128,909128.9k $15.4m $15.4m 0.02% Reduced -2.3k -2,287
10 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 116,881116.9k $14.0m $14.0m 0.01% Added +13.6k +13,578
11 Concurrent Investment Advisors, LLC 0.11% of their portfolio Tampa, FL 85,51785.5k $10.2m $10.2m 0.11% Added +10.4k +10,392
12 Crusonia Wealth Advisors LLC 1.82% of their portfolio DENVER, CO 73,87873.9k $8.8m $8.8m 1.82% Added +457 +457
13 Chicago Partners Investment Group LLC 0.21% of their portfolio CHICAGO, IL 72,62772.6k $9.6m $9.6m 0.21% Added +1.3k +1,286
14 Genesee Capital Advisors, LLC 3.38% of their portfolio AUBURN, NY 67,67667.7k $8.1m $8.1m 3.38% Reduced -539 -539
15 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 67,27567.3k $8.0m $8.0m 0.02% Reduced -18.0k -18,039
16 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 65,76065.8k $7.8m $7.8m 0.01% Reduced -881 -881
17 Per Stirling Capital Management, LLC. 0.86% of their portfolio AUSTIN, TX 65,52965.5k $7.8m $7.8m 0.86% Added +32.3k +32,274
18 Wealth Alliance Advisory Group, LLC 1.13% of their portfolio Wichita, KS 59,64659.6k $7.1m $7.1m 1.13% Reduced -2.7k -2,657
19 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 58,40558.4k $7.0m $7.0m 0.03% Added +2.5k +2,477
20 Geneos Wealth Management Inc. 0.15% of their portfolio ENGLEWOOD, CO 52,37652.4k $6.3m $6.3m 0.15% Reduced -705 -705
21 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 48,15848.2k $5.7m $5.7m 0.03% Added +736 +736
22 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 44,36544.4k $5.3m $5.3m 0.01% Added +1.5k +1,506
23 Hapanowicz & Associates Financial Services, Inc 2.02% of their portfolio PITTSBURGH, PA 42,48042.5k $5.1m $5.1m 2.02% Reduced -3.8k -3,751
24 Mainsail Financial Group, LLC 2.00% of their portfolio BELLEVUE, WA 40,23340.2k $4.8m $4.8m 2.00% Added +64 +64
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 39,44139.4k $4.6m $4.6m 0.00% Added +1.9k +1,932
26 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 39,02639.0k $4.7m $4.7m 0.00% Added +6.7k +6,724
27 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 37,72937.7k $4.5m $4.5m 0.00% Reduced -459 -459
28 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 36,85536.9k $4.4m $4.4m 0.00% Added +464 +464
29 MTM Investment Management, LLC 1.37% of their portfolio SPARTANBURG, SC 36,26136.3k $4.3m $4.3m 1.37% Added +621 +621
30 Troutman Wealth Management, LLC 3.20% of their portfolio MALVERN, PA 32,14132.1k $3.8m $3.8m 3.20% Reduced -199 -199
31 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 31,92531.9k $3.9m $3.9m 0.01% Added +1.5k +1,501
32 CITY HOLDING CO 0.47% of their portfolio CHARLESTON, WV 31,35231.4k $3.7m $3.7m 0.47% Added +5.6k +5,569
33 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 30,98831.0k $3.7m $3.7m 0.01% Reduced -3.9k -3,855
34 RFG Advisory, LLC 0.07% of their portfolio BIRMINGHAM, AL 30,87130.9k $3.7m $3.7m 0.07% New
35 Regal Investment Advisors LLC 0.21% of their portfolio KENTWOOD, MI 30,51830.5k $3.6m $3.6m 0.21% Added +2 +2
36 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 29,57629.6k $3.5m $3.5m 0.00% Added +19.7k +19,685
37 Western Wealth Management, LLC 0.13% of their portfolio GOLDEN, CO 29,51429.5k $3.5m $3.5m 0.13% Added +2.1k +2,071
38 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 27,43927.4k $3.3m $3.3m 0.01% Added +10.4k +10,390
39 CWM, LLC 0.01% of their portfolio OMAHA, NE 25,84125.8k $3.1m $3.1m 0.01% Reduced -1.1k -1,082
40 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 25,31025.3k $3.0m $3.0m 0.00% Added +6.6k +6,627
41 PARK NATIONAL CORP /OH/ 0.08% of their portfolio NEWARK, OH 23,10823.1k $2.8m $2.8m 0.08% Reduced -267 -267
42 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 22,46522.5k $2.7m $2.7m 0.00% New
43 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 22,00222.0k $2.6m $2.6m 0.00% New
44 Virtu Financial LLC 0.10% of their portfolio New York, NY 21,12021.1k $2.5m $2.5m 0.10% New
45 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 20,67320.7k $2.5m $2.5m 0.00% New
46 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 17,92317.9k $2.1m $2.1m 0.01% Reduced -194 -194
47 Milestones Private Investment Advisors LLC 1.83% of their portfolio FAIRPORT, NY 17,39417.4k $2.1m $2.1m 1.83% Added +326 +326
48 Lakeridge Wealth Management LLC 0.88% of their portfolio MENTOR, OH 17,23617.2k $2.1m $2.1m 0.88% Added +265 +265
49 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 16,01516.0k $1.8m $1.8m 0.01% Added +773 +773
50 Catalyst Investment Management LLC 2.16% of their portfolio WINDHAM, NH 14,83914.8k $2.0m $2.0m 2.16% Added +216 +216
51 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 14,11014.1k $1.7m $1.7m 0.01% Reduced -519 -519
52 Three Seasons Wealth, LLC 0.60% of their portfolio SALT LAKE CITY, UT 13,10713.1k $1.6m $1.6m 0.60% Reduced -972 -972
53 Maridea Wealth Management LLC 0.22% of their portfolio BROOKLYN, NY 12,77512.8k $1.5m $1.5m 0.22% Added +4.8k +4,828
54 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 12,20912.2k $1.5m $1.5m 0.00% Added +1.3k +1,336
55 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 12,15312.2k $1.5m $1.5m 0.00% Added +93 +93
56 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 12,04912.0k $1.4m $1.4m 0.02% Added +9.3k +9,302
57 Sun Financial Inc 0.77% of their portfolio MIDVALE, UT 11,77011.8k $1.5m $1.5m 0.77% Reduced -133 -133
58 B. Riley Wealth Advisors, Inc. 0.09% of their portfolio MEMPHIS, TN 11,68811.7k $1.4m $1.4m 0.09% Reduced -3.3k -3,269
59 ARS Wealth Advisors Group, LLC 0.12% of their portfolio St. Petersburg, FL 11,56911.6k $1.4m $1.4m 0.12% Added +1 +1
60 Keystone Financial Group 0.09% of their portfolio LEXINGTON, KY 11,49011.5k $1.4m $1.4m 0.09% Reduced -3.0k -2,956
61 Triumph Capital Management 0.27% of their portfolio DENVER, CO 11,30111.3k $1.3m $1.3m 0.27% Reduced -1.7k -1,708
62 Cyndeo Wealth Partners, LLC 0.07% of their portfolio ST. PETERSBURG, FL 11,03311.0k $1.3m $1.3m 0.07% Added +22 +22
63 G&S Capital LLC 0.40% of their portfolio DENVER, CO 9,5619.6k $1.1m $1.1m 0.40% Reduced -271 -271
64 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 9,5239.5k $1.1m $1.1m 0.00% Added +1.3k +1,307
65 Mariner, LLC 0.00% of their portfolio Overland Park, KS 8,9478.9k $1.1m $1.1m 0.00% Added +2.7k +2,694
66 Independent Advisor Alliance 0.01% of their portfolio CHARLOTTE, NC 8,9338.9k $1.1m $1.1m 0.01% New
67 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 8,9178.9k $1.1m $1.1m 0.00% Reduced -16 -16
68 TCFG WEALTH MANAGEMENT, LLC 0.32% of their portfolio LAGUNA NIGUEL, CA 7,2657.3k $867.1k $867.1k 0.32% Reduced -22 -22
69 TCFG Investment Advisors, LLC 0.32% of their portfolio LAGUNA NIGUEL, CA 7,2657.3k $867.1k $867.1k 0.32% First filing
70 DAYMARK WEALTH PARTNERS, LLC 0.03% of their portfolio CINCINNATI, OH 7,1027.1k $847.6k $847.6k 0.03% Reduced -46 -46
71 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 7,0137.0k $837.0k $837.0k 0.01% Reduced -6.2k -6,226
72 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 6,9386.9k $828.1k $828.1k 0.00% Added +1.1k +1,088
73 Perennial Investment Advisors, LLC 0.06% of their portfolio Los Angeles, CA 6,5096.5k $777.0k $777.0k 0.06% Reduced -492 -492
74 POTENTIA WEALTH 0.28% of their portfolio SAN JOSE, CA 6,0156.0k $717.9k $717.9k 0.28% Reduced -968 -968
75 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 5,9996.0k $716.0k $716.0k 0.00% Added +130 +130
76 Root Financial Partners, LLC 0.03% of their portfolio ENCINITAS, CA 5,9265.9k $707.3k $707.3k 0.03% Reduced -199 -199
77 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 5,6005.6k $668.4k $668.4k 0.00% New
78 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 5,5005.5k $656.5k $656.5k 0.01% Unchanged
79 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.03% of their portfolio CEDAR RAPIDS, IA 5,3635.4k $640.1k $640.1k 0.03% Reduced -7 -7
80 VestGen Advisors, LLC 0.02% of their portfolio CHICAGO, IL 5,3495.3k $703.2k $703.2k 0.02% New
81 Hilton Head Capital Partners, LLC 0.35% of their portfolio HILTON HEAD ISLAND, SC 5,2305.2k $624.2k $624.2k 0.35% Reduced -8 -8
82 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 5,1765.2k $617.8k $617.8k 0.00% Added +5 +5
83 Keystone Wealth Services, LLC 0.13% of their portfolio PALM DESERT, CA 5,1255.1k $611.7k $611.7k 0.13% New
84 KPP Advisory Services LLC 0.09% of their portfolio Louisville, KY 4,9555.0k $591.4k $591.4k 0.09% Reduced -526 -526
85 Vise Technologies, Inc. 0.01% of their portfolio NEW YORK, NY 4,9545.0k $560.5k $560.5k 0.01% Unchanged
86 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 4,7894.8k $571.7k $571.7k 0.00% Reduced -59 -59
87 Atlas Legacy Advisors, LLC 0.10% of their portfolio LOS ANGELES, CA 4,6784.7k $558.3k $558.3k 0.10% Unchanged
88 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 4,6134.6k $550.6k $550.6k 0.00% Unchanged
89 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 4,5734.6k $545.8k $545.8k 0.00% Reduced -4.6k -4,573
90 Morey & Quinn Wealth Partners, LLC 0.39% of their portfolio OMAHA, NE 4,5624.6k $544.5k $544.5k 0.39% Unchanged
91 DHJJ Financial Advisors, Ltd. 0.18% of their portfolio NAPERVILLE, IL 4,5594.6k $544.1k $544.1k 0.18% Added +1 +1
92 Belpointe Asset Management LLC 0.02% of their portfolio RENO, NV 4,5294.5k $540.6k $540.6k 0.02% Added +137 +137
93 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 4,5044.5k $537.6k $537.6k 0.00% Added +1 +1
94 Trueblood Wealth Management, LLC 0.20% of their portfolio LIMA, OH 4,3654.4k $521.0k $521.0k 0.20% Reduced -45 -45
95 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 4,2874.3k $511.6k $511.6k 0.01% Added +1 +1
96 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 4,1574.2k $496.2k $496.2k 0.00% Reduced -267 -267
97 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 4,1294.1k $492.8k $492.8k 0.01% Unchanged
98 Krilogy Financial LLC 0.02% of their portfolio ST. LOUIS, MO 3,9403.9k $506.8k $506.8k 0.02% Unchanged
99 HM PAYSON & CO 0.01% of their portfolio PORTLAND, ME 3,5403.5k $422.5k $422.5k 0.01% Unchanged
100 Arkadios Wealth Advisors 0.01% of their portfolio ATLANTA, GA 3,4993.5k $417.6k $417.6k 0.01% Reduced -80 -80