Vault-13

FIRST TR LRG CP VL ALPHADEX FTA

COM SHS · ETP · CUSIP 33735J101

208 institutional holders +8 vs Q1 2025
10,086,64410.1m shares reported held*
$793.4mreported value*
17 new 60 added 87 reduced 11 sold out net sold ≈ $9.2m (-117.6k 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 ($1.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $78.66. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 156Q4 22: 181Q1 23: 183Q2 23: 186Q3 23: 185Q4 23: 198Q1 24: 204Q2 24: 202Q3 24: 206Q4 24: 220Q1 25: 200Q2 25: 208208Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022156
Q4 2022181
Q1 2023183
Q2 2023186
Q3 2023185
Q4 2023198
Q1 2024204
Q2 2024202
Q3 2024206
Q4 2024220
Q1 2025200
Q2 2025208

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 70 bought or addedQ3 23: 95 cut or sold outQ4 23: 73 bought or addedQ4 23: 100 cut or sold outQ4 23Q1 24: 90 bought or addedQ1 24: 92 cut or sold outQ2 24: 71 bought or addedQ2 24: 109 cut or sold outQ2 24Q3 24: 69 bought or addedQ3 24: 101 cut or sold outQ4 24: 85 bought or addedQ4 24: 97 cut or sold outQ4 24Q1 25: 64 bought or addedQ1 25: 120 cut or sold outQ2 25: 77 bought or addedQ2 25: 98 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20237095
Q4 202373100
Q1 20249092
Q2 202471109
Q3 202469101
Q4 20248597
Q1 202564120
Q2 20257798

Biggest buyers

ROYAL BANK OF CANADA Added +257,127+257.1k
Vestmark Advisory Solutions, Inc. Added +89,450+89.5k
BANK OF AMERICA CORP /DE/ Added +40,412+40.4k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +34,077+34.1k
Cambridge Investment Research Advisors, Inc. Added +25,468+25.5k
ASSETMARK, INC Added +24,273+24.3k
Baird Financial Group, Inc. Added +21,066+21.1k
UBS Group AG Added +19,340+19.3k
BENJAMIN EDWARDS INC Added +15,556+15.6k
MPWM ADVISORY SOLUTIONS, LLC Added +8,919+8.9k

Biggest sellers

Kaydan Wealth Management, Inc. Reduced -185,196-185.2k
MORGAN STANLEY Reduced -68,327-68.3k
Secure Asset Management, LLC Sold out -56,974-57.0k
IHT Wealth Management, LLC Reduced -55,766-55.8k
Creative Planning Reduced -51,557-51.6k
Arkadios Wealth Advisors Reduced -24,028-24.0k
CITADEL ADVISORS LLC Reduced -22,077-22.1k
AVANTAX ADVISORY SERVICES, INC. Reduced -19,567-19.6k
Atria Wealth Solutions, Inc. Reduced -18,663-18.7k
Envestnet Portfolio Solutions, Inc. Reduced -17,684-17.7k

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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,072,5452.1m $163.0m $163.0m 0.01% Reduced -68.3k -68,327
2 UBS Group AG 0.02% of their portfolio ZURICH, V8 974,046974.0k $76.6m $76.6m 0.02% Added +19.3k +19,340
3 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 872,484872.5k $68.6m $68.6m 0.02% Added +7.8k +7,837
4 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 535,888535.9k $42.1m $42.1m 0.00% Added +257.1k +257,127
5 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 415,281415.3k $32.7m $32.7m 0.01% Reduced -6.6k -6,574
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 342,742342.7k $26.9m $26.9m 0.00% Added +40.4k +40,412
7 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 292,810292.8k $23.0m $23.0m 0.04% Reduced -6.9k -6,946
8 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 285,318285.3k $22.4m $22.4m 0.01% Reduced -14.4k -14,421
9 IHT Wealth Management, LLC 0.52% of their portfolio Chicago, IL 240,535240.5k $18.9m $18.9m 0.52% Reduced -55.8k -55,766
10 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 207,122207.1k $16.3m $16.3m 0.00% Reduced -6.4k -6,412
11 Vestmark Advisory Solutions, Inc. 0.23% of their portfolio Wakefield, MA 202,848202.8k $15.9m $15.9m 0.23% Added +89.5k +89,450
12 Integrated Wealth Concepts LLC 0.16% of their portfolio WALTHAM, MA 201,948201.9k $15.9m $15.9m 0.16% Added +628 +628
13 Kingsview Wealth Management, LLC 0.27% of their portfolio GRANTS PASS, OR 199,588199.6k $15.7m $15.7m 0.27% Reduced -3.8k -3,766
14 Private Advisor Group, LLC 0.07% of their portfolio MORRISTOWN, NJ 172,923172.9k $13.6m $13.6m 0.07% Reduced -4.6k -4,648
15 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 153,411153.4k $12.1m $12.1m 0.02% Added +6.3k +6,311
16 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 153,141153.1k $12.0m $12.0m 0.02% Reduced -4.5k -4,532
17 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 137,099137.1k $10.8m $10.8m 0.03% Added +25.5k +25,468
18 Holistic Financial Partners 4.55% of their portfolio INDIANAPOLIS, IN 132,191132.2k $10.4m $10.4m 4.55% Reduced -1.9k -1,895
19 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 131,282131.3k $10.3m $10.3m 0.02% Added +24.3k +24,273
20 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 100,072100.1k $7.9m $7.9m 0.00% Reduced -5.6k -5,643
21 AE Wealth Management LLC 0.05% of their portfolio TOPEKA, KS 93,78393.8k $7.4m $7.4m 0.05% Reduced -1.3k -1,277
22 Kaydan Wealth Management, Inc. 2.35% of their portfolio FENTON, MI 91,27391.3k $7.2m $7.2m 2.35% Reduced -185.2k -185,196
23 AVANTAX ADVISORY SERVICES, INC. 0.04% of their portfolio DALLAS, TX 85,01685.0k $6.7m $6.7m 0.04% Reduced -19.6k -19,567
24 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 83,43583.4k $6.6m $6.6m 0.01% Reduced -4.2k -4,250
25 BENJAMIN EDWARDS INC 0.08% of their portfolio Clayton, MO 80,78080.8k $6.4m $6.4m 0.08% Added +15.6k +15,556
26 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 69,39869.4k $5.5m $5.5m 0.01% Reduced -2.5k -2,533
27 COTTONWOOD CAPITAL ADVISORS, LLC 3.22% of their portfolio SALT LAKE CITY, UT 60,93560.9k $4.8m $4.8m 3.22% Reduced -1.0k -1,025
28 Midwest Heritage Bank, FSB 1.80% of their portfolio WEST DES MOINES, IA 60,77160.8k $4.8m $4.8m 1.80% Reduced -13.0k -13,020
29 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 56,46256.5k $4.4m $4.4m 0.00% Added +3.0k +3,032
30 Snowden Capital Advisors LLC 0.13% of their portfolio New York, NY 54,38554.4k $4.3m $4.3m 0.13% Reduced -722 -722
31 KESTRA PRIVATE WEALTH SERVICES, LLC 0.05% of their portfolio AUSTIN, TX 43,78243.8k $3.4m $3.4m 0.05% Added +189 +189
32 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 43,33243.3k $3.4m $3.4m 0.00% Reduced -51.6k -51,557
33 Atria Investments, Inc 0.04% of their portfolio Charlotte, NC 42,76942.8k $3.4m $3.4m 0.04% Added +2.5k +2,477
34 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 40,07040.1k $3.2m $3.2m 0.00% Added +1.3k +1,349
35 HARBOUR INVESTMENTS, INC. 0.08% of their portfolio MADISON, WI 39,70939.7k $3.1m $3.1m 0.08% Added +2.2k +2,244
36 Trueblood Wealth Management, LLC 1.29% of their portfolio LIMA, OH 39,09039.1k $3.1m $3.1m 1.29% Added +1.9k +1,857
37 IFP Advisors, Inc 0.09% of their portfolio TAMPA, FL 38,69238.7k $3.0m $3.0m 0.09% Reduced -1.6k -1,644
38 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 38,12638.1k $3.0m $3.0m 0.02% Reduced -663 -663
39 Prospera Financial Services Inc 0.06% of their portfolio Dallas, TX 37,95338.0k $3.0m $3.0m 0.06% Added +77 +77
40 IAMS WEALTH MANAGEMENT, LLC 1.28% of their portfolio OMAHA, NE 35,38735.4k $2.8m $2.8m 1.28% Added +1.7k +1,733
41 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 34,07734.1k $2.7m $2.7m 0.00% New
42 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 31,02031.0k $2.4m $2.4m 0.00% Added +21.1k +21,066
43 Gateway Wealth Partners, LLC 0.44% of their portfolio APPLETON, WI 29,70229.7k $2.3m $2.3m 0.44% Reduced -196 -196
44 Regal Investment Advisors LLC 0.17% of their portfolio KENTWOOD, MI 29,52329.5k $2.3m $2.3m 0.17% Reduced -1.2k -1,225
45 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 25,98326.0k $2.0m $2.0m 0.01% Added +583 +583
46 Coppell Advisory Solutions LLC 0.13% of their portfolio COPPELL, TX 23,99824.0k $1.9m $1.9m 0.13% Reduced -11.8k -11,775
47 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 23,80423.8k $1.9m $1.9m 0.01% Added +185 +185
48 Triton Wealth Management, PLLC 0.82% of their portfolio SUN CITY, AZ 23,68123.7k $1.9m $1.9m 0.82% First filing
49 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 23,53723.5k $1.9m $1.9m 0.02% Reduced -1.2k -1,158
50 FSB PREMIER WEALTH MANAGEMENT, INC. 0.65% of their portfolio WATERLOO, IA 23,27423.3k $1.8m $1.8m 0.65% Reduced -3.7k -3,692
51 OneAscent Financial Services LLC 0.13% of their portfolio BIRMINGHAM, AL 22,35422.4k $1.8m $1.8m 0.13% Added +1.2k +1,233
52 Midwest Financial Network, LLC 1.67% of their portfolio TINLEY PARK, IL 21,37721.4k $1.7m $1.7m 1.67% Reduced -292 -292
53 PARK AVENUE SECURITIES LLC 0.02% of their portfolio NEW YORK, NY 21,36321.4k $1.7m $1.7m 0.02% Reduced -316 -316
54 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 20,48920.5k $1.6m $1.6m 0.01% Added +1.2k +1,201
55 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 20,47820.5k $1.6m $1.6m 0.00% Reduced -603 -603
56 SILVER OAK SECURITIES, INCORPORATED 0.12% of their portfolio JACKSON, TN 18,84518.8k $1.5m $1.5m 0.12% Added +575 +575
57 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 18,58718.6k $1.5m $1.5m 0.01% Reduced -2.3k -2,298
58 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 17,49917.5k $1.4m $1.4m 0.01% Added +359 +359
59 NewEdge Wealth, LLC 0.02% of their portfolio STAMFORD, CT 17,14417.1k $1.4m $1.4m 0.02% Reduced -364 -364
60 LaSalle St. Investment Advisors, LLC 0.36% of their portfolio ELMHURST, IL 16,89616.9k $1.3m $1.3m 0.36% Reduced -684 -684
61 StoneX Group Inc. 0.06% of their portfolio NEW YORK, NY 16,62316.6k $1.3m $1.3m 0.06% Reduced -2.1k -2,081
62 PFG Advisors 0.06% of their portfolio Phoenix, AZ 16,51816.5k $1.3m $1.3m 0.06% Reduced -6.9k -6,882
63 Western Wealth Management, LLC 0.07% of their portfolio GOLDEN, CO 15,00315.0k $1.2m $1.2m 0.07% Reduced -673 -673
64 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 14,97415.0k $1.2m $1.2m 0.01% Added +37 +37
65 Chicago Partners Investment Group LLC 0.04% of their portfolio CHICAGO, IL 14,91614.9k $1.2m $1.2m 0.04% Reduced -519 -519
66 Arkadios Wealth Advisors 0.04% of their portfolio ATLANTA, GA 14,91214.9k $1.2m $1.2m 0.04% Reduced -24.0k -24,028
67 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 14,66014.7k $1.2m $1.2m 0.02% Added +212 +212
68 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 14,28814.3k $1.1m $1.1m 0.00% Reduced -382 -382
69 TCFG WEALTH MANAGEMENT, LLC 0.50% of their portfolio LAGUNA NIGUEL, CA 13,97114.0k $1.1m $1.1m 0.50% Reduced -26 -26
70 Richmond Investment Services, LLC 0.22% of their portfolio Mequon, WI 13,43813.4k $1.1m $1.1m 0.22% Added +6.7k +6,722
71 WINEBRENNER CAPITAL MANAGEMENT LLC 0.82% of their portfolio LOUISVILLE, KY 12,91112.9k $1.0m $1.0m 0.82% Reduced -26 -26
72 RMR Capital Management, LLC 0.66% of their portfolio Tustin, CA 11,72911.7k $922.2k $922.2k 0.66% Reduced -7.7k -7,700
73 GREAT VALLEY ADVISOR GROUP, INC. 0.02% of their portfolio WILMINGTON, DE 11,32211.3k $890.7k $890.7k 0.02% Added +1.4k +1,379
74 Keystone Wealth Services, LLC 0.20% of their portfolio PALM DESERT, CA 10,47610.5k $823.8k $823.8k 0.20% Added +1 +1
75 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 10,40910.4k $818.4k $818.4k 0.00% Reduced -809 -809
76 Virtu Financial LLC 0.04% of their portfolio New York, NY 9,9069.9k $779.0k $779.0k 0.04% Reduced -7.8k -7,763
77 Global Retirement Partners, LLC 0.02% of their portfolio San Rafael, CA 9,8249.8k $772.4k $772.4k 0.02% First filing
78 Blackhawk Capital Partners, LLC 0.35% of their portfolio THIENSVILLE, WI 9,7369.7k $765.5k $765.5k 0.35% Reduced -587 -587
79 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 9,6989.7k $762.6k $762.6k 0.00% Reduced -17.7k -17,684
80 MPWM ADVISORY SOLUTIONS, LLC 0.48% of their portfolio ALPHARETTA, GA 9,6339.6k $757.4k $757.4k 0.48% Added +8.9k +8,919
81 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 9,6159.6k $756.0k $756.0k 0.02% Reduced -12.2k -12,154
82 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 9,4409.4k $742.3k $742.3k 0.02% Added +72 +72
83 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 9,3839.4k $737.8k $737.8k 0.01% Reduced -7.1k -7,116
84 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 9,0259.0k $709.6k $709.6k 0.00% Reduced -531 -531
85 Eukles Asset Management 0.29% of their portfolio CINCINNATI, OH 8,9879.0k $706.7k $706.7k 0.29% Reduced -163 -163
86 COMERICA BANK 0.00% of their portfolio DALLAS, TX 8,8328.8k $694.5k $694.5k 0.00% Reduced -5 -5
87 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 8,8198.8k $693.4k $693.4k 0.00% Added +6.9k +6,935
88 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 8,7148.7k $683.1k $683.1k 0.00% Added +2.1k +2,071
89 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 8,2648.3k $649.8k $649.8k 0.01% Reduced -562 -562
90 RFG Advisory, LLC 0.02% of their portfolio BIRMINGHAM, AL 8,1838.2k $643.5k $643.5k 0.02% Reduced -78 -78
91 Three Seasons Wealth, LLC 0.07% of their portfolio SALT LAKE CITY, UT 8,0088.0k $629.6k $629.6k 0.07% Unchanged
92 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 7,7417.7k $608.7k $608.7k 0.01% Reduced -52 -52
93 Morey & Quinn Wealth Partners, LLC 0.48% of their portfolio OMAHA, NE 7,6507.7k $601.5k $601.5k 0.48% Unchanged
94 MEITAV INVESTMENT HOUSE LTD 0.01% of their portfolio BENE-BERAQ, L3 7,5507.5k $593.7k $593.7k 0.01% Unchanged
95 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 7,4367.4k $603.9k $603.9k 0.02% Added +42 +42
96 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 7,0897.1k $557.4k $557.4k 0.00% Reduced -970 -970
97 Tyler-Stone Wealth Management 0.09% of their portfolio Beachwood, OH 7,0087.0k $551.0k $551.0k 0.09% Added +1 +1
98 Pinnacle Family Advisors, LLC 0.27% of their portfolio Springfield, MO 6,9837.0k $549.1k $549.1k 0.27% Added +56 +56
99 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 6,9647.0k $547.6k $547.6k 0.00% Unchanged
100 STAR Financial Bank 0.34% of their portfolio FORT WAYNE, IN 6,8016.8k $534.8k $534.8k 0.34% Added +3.7k +3,725