Vault-13

FIRST TRUST LRGCP GWT ALPHAD FTC

COM SHS · ETP · CUSIP 33735K108

172 institutional holders +4 vs Q1 2023
6,779,8536.8m shares reported held*
$685.1mreported value*
12 new 62 added 65 reduced 10 sold out net sold ≈ $13.5m (-145.7k 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 ($2.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $101.06. Options: 2 managers hold calls ($607.7k notional), 3 hold puts ($5.9m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 161Q4 22: 165Q1 23: 168Q2 23: 172172Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022161
Q4 2022165
Q1 2023168
Q2 2023172

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 64 bought or addedQ4 22: 71 cut or sold outQ4 22Q1 23: 82 bought or addedQ1 23: 67 cut or sold outQ1 23Q2 23: 74 bought or addedQ2 23: 75 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226471
Q1 20238267
Q2 20237475

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ3 22 calls: $0Q3 22 puts: $1.1mQ3 22P/C —Q4 22 calls: $868.5kQ4 22 puts: $1.6mQ4 22P/C 1.83Q1 23 calls: $558.2kQ1 23 puts: $288.4kQ1 23P/C 0.52Q2 23 calls: $607.7kQ2 23 puts: $5.9mQ2 23P/C 9.64
Numbers
QuarterCallsPutsP/C
Q3 2022$0$1.1m—
Q4 2022$868.5k$1.6m1.83
Q1 2023$558.2k$288.4k0.52
Q2 2023$607.7k$5.9m9.64

Biggest buyers

WELLS FARGO & COMPANY/MN Added +76,633+76.6k
Sterling Manor Financial, LLC New +48,448+48.4k
LPL Financial LLC Added +43,029+43.0k
IFP Advisors, Inc Added +42,275+42.3k
FIRST TRUST ADVISORS LP Added +34,305+34.3k
ENVESTNET ASSET MANAGEMENT INC Added +27,338+27.3k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +15,461+15.5k
Atria Investments, Inc New +13,286+13.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +13,003+13.0k
Vestmark Advisory Solutions, Inc. Added +12,267+12.3k

Biggest sellers

Cambridge Investment Research Advisors, Inc. Reduced -154,174-154.2k
Raymond James Financial Services Advisors, Inc. Reduced -90,437-90.4k
UBS Group AG Reduced -56,009-56.0k
Atria Wealth Solutions, Inc. Reduced -49,205-49.2k
Sigma Planning Corp Reduced -38,311-38.3k
Baird Financial Group, Inc. Reduced -26,439-26.4k
IAMS WEALTH MANAGEMENT, LLC Sold out -25,990-26.0k
Cetera Investment Advisers Reduced -25,728-25.7k
ROYAL BANK OF CANADA Reduced -19,896-19.9k
FLOW TRADERS U.S. LLC Reduced -16,267-16.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Unchanged $607.7k6.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

IAMS WEALTH MANAGEMENT, LLC New $5.5m55.5k shares
Belvedere Trading LLC Unchanged $314.0k3.1k shares
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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,016,8831.0m $103.0m $103.0m 0.01% Reduced -2.2k -2,190
2 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 1,002,8111.0m $101.6m $101.6m 0.07% Added +43.0k +43,029
3 Janney Montgomery Scott LLC 0.16% of their portfolio PHILADELPHIA, PA 465,504465.5k $47.2m $47.2m 0.16% Reduced -12.3k -12,264
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 382,852382.9k $38.8m $38.8m 0.01% Added +76.6k +76,633
5 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 354,905354.9k $35.9m $35.9m 0.02% Added +27.3k +27,338
6 UBS Group AG 0.01% of their portfolio ZURICH, V8 291,114291.1k $29.5m $29.5m 0.01% Reduced -56.0k -56,009
7 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 217,727217.7k $22.1m $22.1m 0.04% Reduced -90.4k -90,437
8 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 213,206213.2k $21.6m $21.6m 0.10% Reduced -154.2k -154,174
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 170,878170.9k $17.3m $17.3m 0.00% Reduced -16.2k -16,158
10 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 133,300133.3k $13.5m $13.5m 0.02% Added +8.3k +8,295
11 Arden Trust Co 2.08% of their portfolio WILMINGTON, DE 125,250125.2k $12.7m $12.7m 2.08% Added +4.6k +4,590
12 IFP Advisors, Inc 0.17% of their portfolio TAMPA, FL 92,03492.0k $7.8m $7.8m 0.17% Added +42.3k +42,275
13 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 89,46089.5k $9.1m $9.1m 0.01% Reduced -6.2k -6,207
14 Kingsview Wealth Management, LLC 0.32% of their portfolio GRANTS PASS, OR 81,70581.7k $8.3m $8.3m 0.32% Reduced -594 -594
15 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 81,38081.4k $8.2m $8.2m 0.01% Reduced -14.0k -13,980
16 U.S. Capital Wealth Advisors, LLC 0.37% of their portfolio AUSTIN, TX 77,37977.4k $7.8m $7.8m 0.37% Added +1.5k +1,533
17 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 70,15470.2k $7.1m $7.1m 0.06% Reduced -25.7k -25,728
18 Atria Wealth Solutions, Inc. 0.10% of their portfolio NEW YORK, NY 69,17269.2k $7.0m $7.0m 0.10% Reduced -49.2k -49,205
19 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 69,07269.1k $7.0m $7.0m 0.00% Reduced -19.9k -19,896
20 AVANTAX ADVISORY SERVICES, INC. 0.08% of their portfolio DALLAS, TX 67,23167.2k $6.8m $6.8m 0.08% Added +3.3k +3,340
21 Integrated Wealth Concepts LLC 0.12% of their portfolio WALTHAM, MA 66,37666.4k $6.7m $6.7m 0.12% Added +5.1k +5,143
22 Snowden Capital Advisors LLC 0.22% of their portfolio New York, NY 61,32761.3k $6.2m $6.2m 0.22% Reduced -1.4k -1,351
23 D.A. DAVIDSON & CO. 0.06% of their portfolio GREAT FALLS, MT 59,12359.1k $6.0m $6.0m 0.06% Reduced -7.0k -7,010
24 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 52,60652.6k $5.3m $5.3m 0.01% Added +11.2k +11,220
25 Coppell Advisory Solutions LLC 1.44% of their portfolio COPPELL, TX 50,96951.0k $5.1m $5.1m 1.44% Reduced -2.0k -1,983
26 Beck Bode, LLC 1.19% of their portfolio DEDHAM, MA 48,48348.5k $4.9m $4.9m 1.19% Reduced -107 -107
27 Sterling Manor Financial, LLC 4.14% of their portfolio Saratoga Springs, NY 48,44848.4k $4.9m $4.9m 4.14% New
28 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 45,19545.2k $4.6m $4.6m 0.00% Reduced -1.3k -1,299
29 Cetera Advisor Networks LLC 0.03% of their portfolio EL SEGUNDO, CA 44,26744.3k $4.5m $4.5m 0.03% Reduced -635 -635
30 IHT Wealth Management, LLC 0.23% of their portfolio Chicago, IL 44,11644.1k $4.5m $4.5m 0.23% Reduced -2.5k -2,544
31 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 40,26640.3k $4.1m $4.1m 0.00% Added +34.3k +34,305
32 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 40,24040.2k $4.1m $4.1m 0.00% Reduced -3.9k -3,924
33 FSB PREMIER WEALTH MANAGEMENT, INC. 2.11% of their portfolio WATERLOO, IA 38,42538.4k $3.9m $3.9m 2.11% Reduced -705 -705
34 CX Institutional 0.19% of their portfolio AUBURN, IN 35,53935.5k $3.6m $3.6m 0.19% Added +32 +32
35 LVZ, Inc. 0.43% of their portfolio Holland, MI 30,78830.8k $3.1m $3.1m 0.43% Added +9.7k +9,671
36 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 27,97928.0k $2.8m $2.8m 0.02% Added +3.0k +2,962
37 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 27,28427.3k $2.8m $2.8m 0.02% Added +94 +94
38 Vestmark Advisory Solutions, Inc. 0.10% of their portfolio Wakefield, MA 26,76726.8k $2.7m $2.7m 0.10% Added +12.3k +12,267
39 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 26,06526.1k $2.6m $2.6m 0.00% Added +492 +492
40 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 25,15925.2k $2.5m $2.5m 0.00% Added +15.5k +15,461
41 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 24,98525.0k $2.5m $2.5m 0.04% Added +9.8k +9,802
42 Clearwater Capital Advisors, LLC 0.30% of their portfolio HOFFMAN ESTATES, IL 24,65824.7k $2.5m $2.5m 0.30% Reduced -31 -31
43 HFG Advisors, Inc. 2.57% of their portfolio CINCINATTI, OH 24,00124.0k $2.4m $2.4m 2.57% Added +27 +27
44 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 21,87921.9k $2.2m $2.2m 0.02% Reduced -3.5k -3,514
45 CoreCap Advisors, LLC 0.15% of their portfolio SOUTHFIELD, MI 20,84520.8k $2.1m $2.1m 0.15% First filing
46 BENJAMIN F. EDWARDS & COMPANY, INC. 0.08% of their portfolio ST. LOUIS, MO 20,71420.7k $2.1m $2.1m 0.08% Reduced -245 -245
47 Cetera Advisors LLC 0.03% of their portfolio DENVER, CO 20,55320.6k $2.1m $2.1m 0.03% Reduced -381 -381
48 StoneX Group Inc. 0.21% of their portfolio NEW YORK, NY 20,41320.4k $2.1m $2.1m 0.21% Added +962 +962
49 SignalPoint Asset Management, LLC 0.61% of their portfolio SPRINGFIELD, MO 19,73019.7k $2.0m $2.0m 0.61% Reduced -704 -704
50 Stratos Wealth Partners, LTD. 0.04% of their portfolio BEACHWOOD, OH 19,49519.5k $2.0m $2.0m 0.04% Added +1.3k +1,271
51 SILVER OAK SECURITIES, INCORPORATED 0.30% of their portfolio JACKSON, TN 18,13918.1k $1.8m $1.8m 0.30% Added +877 +877
52 HARBOUR INVESTMENTS, INC. 0.09% of their portfolio MADISON, WI 17,88717.9k $1.8m $1.8m 0.09% Added +1.6k +1,615
53 Kraft, Davis & Associates, LLC 0.60% of their portfolio St. Louis, MO 17,30017.3k $1.7m $1.7m 0.60% First filing
54 Apollon Wealth Management, LLC 0.08% of their portfolio MOUNT PLEASANT, SC 17,03417.0k $1.7m $1.7m 0.08% Added +130 +130
55 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 16,75616.8k $1.7m $1.7m 0.00% Added +13.0k +13,003
56 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 16,23816.2k $1.6m $1.6m 0.01% Added +1.6k +1,569
57 NewEdge Wealth, LLC 0.05% of their portfolio STAMFORD, CT 15,50515.5k $1.6m $1.6m 0.05% Added +10.0k +9,964
58 ETFIDEA, LLC 0.64% of their portfolio SYRACUSE, NY 15,34415.3k $1.6m $1.6m 0.64% Unchanged
59 KESTRA PRIVATE WEALTH SERVICES, LLC 0.05% of their portfolio AUSTIN, TX 13,63013.6k $1.4m $1.4m 0.05% Added +3.2k +3,159
60 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 13,28613.3k $1.3m $1.3m 0.02% New
61 Krilogy Financial LLC 0.12% of their portfolio ST. LOUIS, MO 13,10313.1k $1.3m $1.3m 0.12% Reduced -420 -420
62 CWM, LLC 0.01% of their portfolio OMAHA, NE 13,06913.1k $1.3m $1.3m 0.01% Reduced -135 -135
63 Western Wealth Management, LLC 0.11% of their portfolio GOLDEN, CO 13,05613.1k $1.3m $1.3m 0.11% Added +972 +972
64 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 12,39012.4k $1.3m $1.3m 0.00% First filing
65 Horizon Family Wealth, Inc. 1.15% of their portfolio CHICAGO, IL 11,91211.9k $1.2m $1.2m 1.15% Added +9 +9
66 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 11,77511.8k $1.2m $1.2m 0.00% Reduced -26.4k -26,439
67 Transamerica Financial Advisors, LLC 0.15% of their portfolio CEDAR RAPIDS, IA 11,60111.6k $1.2m $1.2m 0.15% Added +11.6k +11,556
68 Keystone Wealth Services, LLC 0.43% of their portfolio PALM DESERT, CA 11,42011.4k $1.2m $1.2m 0.43% Unchanged
69 True Link Financial Advisors, LLC 0.13% of their portfolio SAN FRANCISCO, CA 10,24710.2k $1.0m $1.0m 0.13% Unchanged
70 Sigma Planning Corp 0.04% of their portfolio ANN ARBOR, MI 10,22910.2k $1.0m $1.0m 0.04% Reduced -38.3k -38,311
71 Stonebridge Financial Planning Group, LLC 0.63% of their portfolio ORLANDO, FL 10,20710.2k $1.0m $1.0m 0.63% Reduced -445 -445
72 Gateway Wealth Partners, LLC 0.18% of their portfolio APPLETON, WI 10,15310.2k $1.0m $1.0m 0.18% Added +3.5k +3,482
73 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 9,5109.5k $963.3k $963.3k 0.02% Reduced -90 -90
74 OneAscent Financial Services LLC 0.41% of their portfolio BIRMINGHAM, AL 9,2059.2k $932.0k $932.0k 0.41% Added +2.1k +2,081
75 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 9,1019.1k $921.8k $921.8k 0.01% Reduced -333 -333
76 GREAT VALLEY ADVISOR GROUP, INC. 0.04% of their portfolio WILMINGTON, DE 8,9919.0k $910.8k $910.8k 0.04% Reduced -800 -800
77 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 8,7148.7k $882.6k $882.6k 0.01% New
78 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 8,3198.3k $842.6k $842.6k 0.01% Added +3.6k +3,609
79 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 8,3198.3k $842.6k $842.6k 0.01% Added +3.6k +3,609
80 Virtue Capital Management, LLC 0.14% of their portfolio BRENTWOOD, TN 7,9918.0k $802.4k $802.4k 0.14% Added +148 +148
81 Walkner Condon Financial Advisors LLC 0.20% of their portfolio MADISON, WI 7,3257.3k $741.9k $741.9k 0.20% Reduced -118 -118
82 Gladstone Institutional Advisory LLC 0.04% of their portfolio Bedminster, NJ 7,2427.2k $733.5k $733.5k 0.04% Reduced -235 -235
83 Ashton Thomas Private Wealth, LLC 0.06% of their portfolio SCOTTSDALE, AZ 7,1497.1k $724.1k $724.1k 0.06% Added +369 +369
84 Private Portfolio Partners LLC 0.18% of their portfolio PARAMUS, NJ 7,0857.1k $717.6k $717.6k 0.18% Added +716 +716
85 INDEPENDENT FINANCIAL GROUP, LLC 0.05% of their portfolio SAN DIEGO, CA 7,0007.0k $709.0k $709.0k 0.05% Reduced -393 -393
86 Pine Valley Investments Ltd Liability Co 0.07% of their portfolio MARLTON, NJ 6,9076.9k $699.6k $699.6k 0.07% Added +546 +546
87 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 6,6616.7k $674.7k $674.7k 0.00% Added +455 +455
88 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 6,6516.7k $674.0k $674.0k 0.00% Reduced -82 -82
89 Cyndeo Wealth Partners, LLC 0.07% of their portfolio ST. PETERSBURG, FL 6,6046.6k $668.9k $668.9k 0.07% New
90 Ignite Planners, LLC 0.25% of their portfolio SAN CLEMENTE, CA 6,5796.6k $655.2k $655.2k 0.25% Unchanged
91 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 6,1366.1k $611.0k $611.0k 0.00% Added +5.8k +5,809
92 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 5,6725.7k $574.5k $574.5k 0.02% Reduced -186 -186
93 ABLE Financial Group, LLC 0.28% of their portfolio SCOTTSDALE, AZ 5,3895.4k $545.9k $545.9k 0.28% Added +468 +468
94 1776 Wealth LLC 0.29% of their portfolio ATLANTA, GA 5,3605.4k $542.9k $542.9k 0.29% Added +394 +394
95 Global Assets Advisory, LLC 0.50% of their portfolio ORLANDO, FL 5,3505.3k $541.9k $541.9k 0.50% Unchanged
96 Mariner, LLC 0.00% of their portfolio Overland Park, KS 5,3135.3k $538.2k $538.2k 0.00% Added +10 +10
97 Strid Group, LLC 0.11% of their portfolio NEWTOWN SQUARE, PA 5,1985.2k $526.5k $526.5k 0.11% Unchanged
98 Pinnacle Family Advisors, LLC 0.28% of their portfolio Springfield, MO 5,1055.1k $517.1k $517.1k 0.28% Reduced -30 -30
99 Belvedere Trading LLC 0.16% of their portfolio CHICAGO, IL 5,0005.0k $506.4k $506.4k 0.16% Added +4.5k +4,500
100 PFG Advisors 0.04% of their portfolio Phoenix, AZ 4,9635.0k $502.7k $502.7k 0.04% Reduced -849 -849