Vault-13

FIRST TRUST LRGCP GWT ALPHAD FTC

COM SHS · ETP · CUSIP 33735K108

200 institutional holders +5 vs Q1 2025
5,428,4685.4m shares reported held*
$819.6mreported value*
17 new 51 added 79 reduced 13 sold out net bought ≈ $7.7m (+51.2k 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 ($315.8k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $150.98. Options: 2 managers hold calls ($1.9m notional), 2 hold puts ($15.1k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 161Q4 22: 165Q1 23: 168Q2 23: 172Q3 23: 185Q4 23: 194Q1 24: 191Q2 24: 193Q3 24: 195Q4 24: 201Q1 25: 195Q2 25: 200200Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022161
Q4 2022165
Q1 2023168
Q2 2023172
Q3 2023185
Q4 2023194
Q1 2024191
Q2 2024193
Q3 2024195
Q4 2024201
Q1 2025195
Q2 2025200

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 83 bought or addedQ3 23: 84 cut or sold outQ4 23: 74 bought or addedQ4 23: 106 cut or sold outQ4 23Q1 24: 72 bought or addedQ1 24: 103 cut or sold outQ2 24: 64 bought or addedQ2 24: 93 cut or sold outQ2 24Q3 24: 70 bought or addedQ3 24: 95 cut or sold outQ4 24: 50 bought or addedQ4 24: 108 cut or sold outQ4 24Q1 25: 58 bought or addedQ1 25: 105 cut or sold outQ2 25: 68 bought or addedQ2 25: 92 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20238384
Q4 202374106
Q1 202472103
Q2 20246493
Q3 20247095
Q4 202450108
Q1 202558105
Q2 20256892

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 24 calls: $223.4kQ3 24 puts: $13.1kQ3 24P/C 0.06Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $1.9mQ2 25 puts: $15.1kQ2 25P/C 0.01
Numbers
QuarterCallsPutsP/C
Q3 2024$223.4k$13.1k0.06
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$1.9m$15.1k0.01

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +73,618+73.6k
MORGAN STANLEY Added +54,363+54.4k
ROYAL BANK OF CANADA Added +52,554+52.6k
RPS ADVISORY SOLUTIONS LLC New +27,716+27.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +25,175+25.2k
TWO SIGMA INVESTMENTS, LP New +23,800+23.8k
CX Institutional Added +21,013+21.0k
Virtu Financial LLC Added +19,697+19.7k
AMERIPRISE FINANCIAL INC Added +18,889+18.9k
Rockefeller Capital Management L.P. Added +18,213+18.2k

Biggest sellers

Cambridge Investment Research Advisors, Inc. Reduced -161,024-161.0k
Elevation Capital Advisory, LLC Sold out -57,087-57.1k
UBS Group AG Reduced -26,407-26.4k
Gladstone Institutional Advisory LLC Reduced -19,553-19.6k
LPL Financial LLC Reduced -13,868-13.9k
Baird Financial Group, Inc. Reduced -13,055-13.1k
JANE STREET GROUP, LLC Sold out -12,693-12.7k
Global Assets Advisory, LLC Reduced -10,058-10.1k
Farther Finance Advisors, LLC Reduced -9,079-9.1k
GeoWealth Management, LLC Sold out -7,293-7.3k

Biggest calls

Belvedere Trading LLC New $1.9m12.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Belvedere Trading LLC New $15.1k100 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 785,040785.0k $118.5m $118.5m 0.01% Added +54.4k +54,363
2 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 671,403671.4k $101.4m $101.4m 0.03% Reduced -13.9k -13,868
3 Janney Montgomery Scott LLC 0.17% of their portfolio PHILADELPHIA, PA 443,362443.4k $66.9m $66.9m 0.17% Reduced -4.5k -4,500
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 427,085427.1k $64.5m $64.5m 0.01% Reduced -6.9k -6,937
5 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 268,160268.2k $40.5m $40.5m 0.01% Added +73.6k +73,618
6 UBS Group AG 0.01% of their portfolio ZURICH, V8 237,805237.8k $35.9m $35.9m 0.01% Reduced -26.4k -26,407
7 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 192,066192.1k $29.0m $29.0m 0.04% Added +1.1k +1,133
8 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 176,699176.7k $26.7m $26.7m 0.02% Reduced -6.4k -6,385
9 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 154,077154.1k $23.3m $23.3m 0.00% Added +4.1k +4,127
10 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 145,646145.6k $22.0m $22.0m 0.04% Reduced -13.1k -13,055
11 Kingsview Wealth Management, LLC 0.30% of their portfolio GRANTS PASS, OR 116,224116.2k $17.5m $17.5m 0.30% Reduced -3.6k -3,597
12 CX Institutional 0.61% of their portfolio AUBURN, IN 114,984115.0k $17.4m $17.4m 0.61% Added +21.0k +21,013
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 106,990107.0k $16.2m $16.2m 0.00% Added +52.6k +52,554
14 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 78,70978.7k $11.9m $11.9m 0.02% Added +6.0k +6,020
15 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 68,92768.9k $10.4m $10.4m 0.03% Reduced -161.0k -161,024
16 BENJAMIN EDWARDS INC 0.12% of their portfolio Clayton, MO 61,31461.3k $9.3m $9.3m 0.12% Added +15.2k +15,217
17 Virtu Financial LLC 0.33% of their portfolio New York, NY 42,99543.0k $6.5m $6.5m 0.33% Added +19.7k +19,697
18 U.S. Capital Wealth Advisors, LLC 0.18% of their portfolio AUSTIN, TX 41,38141.4k $6.2m $6.2m 0.18% Added +211 +211
19 D.A. DAVIDSON & CO. 0.04% of their portfolio GREAT FALLS, MT 40,93440.9k $6.2m $6.2m 0.04% Reduced -875 -875
20 Vestmark Advisory Solutions, Inc. 0.08% of their portfolio Wakefield, MA 38,02238.0k $5.7m $5.7m 0.08% Added +16.8k +16,829
21 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 36,47836.5k $5.5m $5.5m 0.01% Added +18.2k +18,213
22 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 34,72134.7k $5.2m $5.2m 0.00% Added +3.0k +3,040
23 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 34,20634.2k $5.2m $5.2m 0.01% Added +6.9k +6,851
24 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 32,61632.6k $4.9m $4.9m 0.01% Added +25.2k +25,175
25 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 31,37431.4k $4.7m $4.7m 0.00% Added +5.3k +5,332
26 IHT Wealth Management, LLC 0.13% of their portfolio Chicago, IL 31,33731.3k $4.7m $4.7m 0.13% Reduced -827 -827
27 HARBOUR INVESTMENTS, INC. 0.11% of their portfolio MADISON, WI 29,26029.3k $4.4m $4.4m 0.11% Added +6.5k +6,515
28 AVANTAX ADVISORY SERVICES, INC. 0.02% of their portfolio DALLAS, TX 28,22828.2k $4.3m $4.3m 0.02% Reduced -6.4k -6,406
29 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 28,13528.1k $4.2m $4.2m 0.00% Reduced -2.8k -2,794
30 RPS ADVISORY SOLUTIONS LLC 2.29% of their portfolio LOUISVILLE, KY 27,71627.7k $4.2m $4.2m 2.29% New
31 GREENUP STREET WEALTH MANAGEMENT LLC 0.65% of their portfolio OVERLAND PARK, KS 24,62624.6k $3.7m $3.7m 0.65% Added +1.9k +1,858
32 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 23,80023.8k $3.6m $3.6m 0.01% New
33 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 23,33323.3k $3.5m $3.5m 0.00% Added +5.8k +5,802
34 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 22,65022.6k $3.4m $3.4m 0.00% Added +18.9k +18,889
35 Western Wealth Management, LLC 0.19% of their portfolio GOLDEN, CO 21,46321.5k $3.2m $3.2m 0.19% Reduced -2.2k -2,176
36 IFP Advisors, Inc 0.09% of their portfolio TAMPA, FL 21,16221.2k $3.2m $3.2m 0.09% Added +302 +302
37 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 20,67420.7k $3.1m $3.1m 0.02% Added +2.4k +2,378
38 LVZ, Inc. 0.36% of their portfolio Holland, MI 20,11720.1k $3.0m $3.0m 0.36% Reduced -61 -61
39 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 19,43719.4k $2.9m $2.9m 0.02% Reduced -42 -42
40 HFG Advisors, Inc. 2.32% of their portfolio CINCINATTI, OH 19,40619.4k $2.9m $2.9m 2.32% Added +634 +634
41 FSB PREMIER WEALTH MANAGEMENT, INC. 0.88% of their portfolio WATERLOO, IA 16,24816.2k $2.5m $2.5m 0.88% Reduced -1.5k -1,463
42 RiverTree Advisors, LLC 1.64% of their portfolio WINTER PARK, FL 16,21216.2k $2.4m $2.4m 1.64% New
43 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 15,50415.5k $2.3m $2.3m 0.00% Added +9.4k +9,380
44 Wedmont Private Capital 0.10% of their portfolio WEST CHESTER, PA 15,40015.4k $2.3m $2.3m 0.10% Unchanged
45 Gladstone Institutional Advisory LLC 0.09% of their portfolio Bedminster, NJ 14,88314.9k $2.2m $2.2m 0.09% Reduced -19.6k -19,553
46 Snowden Capital Advisors LLC 0.07% of their portfolio New York, NY 14,72314.7k $2.2m $2.2m 0.07% Reduced -131 -131
47 LANARK FINANCIAL, INC. 0.17% of their portfolio BIRMINGHAM, AL 13,86313.9k $2.1m $2.1m 0.17% Added +3.5k +3,493
48 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 13,49213.5k $2.0m $2.0m 0.03% Reduced -1.3k -1,291
49 Apollon Wealth Management, LLC 0.04% of their portfolio MOUNT PLEASANT, SC 12,79312.8k $1.9m $1.9m 0.04% Reduced -1.2k -1,151
50 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.12% of their portfolio Westlake, OH 12,54512.5k $1.9m $1.9m 0.12% Reduced -293 -293
51 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 12,32612.3k $1.9m $1.9m 0.01% Added +1.4k +1,356
52 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 11,29311.3k $1.7m $1.7m 0.00% Added +246 +246
53 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 11,27311.3k $1.7m $1.7m 0.00% Reduced -674 -674
54 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 11,20511.2k $1.7m $1.7m 0.00% Reduced -650 -650
55 MONEY CONCEPTS CAPITAL CORP 0.11% of their portfolio PALM BEACH GARDENS, FL 11,09511.1k $1.7m $1.7m 0.11% Reduced -250 -250
56 Beck Bode, LLC 0.28% of their portfolio DEDHAM, MA 11,00511.0k $1.7m $1.7m 0.28% Reduced -4.3k -4,271
57 Keystone Wealth Services, LLC 0.39% of their portfolio PALM DESERT, CA 10,78010.8k $1.6m $1.6m 0.39% Unchanged
58 CWM, LLC 0.01% of their portfolio OMAHA, NE 10,49310.5k $1.6m $1.6m 0.01% Reduced -58 -58
59 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 10,37110.4k $1.6m $1.6m 0.02% Reduced -146 -146
60 Horizon Family Wealth, Inc. 0.94% of their portfolio CHICAGO, IL 10,23210.2k $1.5m $1.5m 0.94% Reduced -1.0k -1,020
61 Proactive Wealth Strategies LLC 0.72% of their portfolio MARIETTA, GA 10,09810.1k $1.5m $1.5m 0.72% Reduced -33 -33
62 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 9,2989.3k $1.4m $1.4m 0.01% Added +4 +4
63 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 8,9228.9k $1.3m $1.3m 0.00% Added +36 +36
64 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 8,7158.7k $1.3m $1.3m 0.02% Reduced -17 -17
65 Coppell Advisory Solutions LLC 0.09% of their portfolio COPPELL, TX 8,6968.7k $1.3m $1.3m 0.09% Added +4.3k +4,348
66 Transamerica Financial Advisors, LLC 0.12% of their portfolio CEDAR RAPIDS, IA 8,5698.6k $1.3m $1.3m 0.12% Reduced -1.1k -1,103
67 Geneos Wealth Management Inc. 0.03% of their portfolio ENGLEWOOD, CO 8,3238.3k $1.3m $1.3m 0.03% Reduced -7.2k -7,199
68 Three Seasons Wealth, LLC 0.14% of their portfolio SALT LAKE CITY, UT 7,8167.8k $1.2m $1.2m 0.14% Reduced -54 -54
69 Richmond Investment Services, LLC 0.25% of their portfolio Mequon, WI 7,7767.8k $1.2m $1.2m 0.25% Added +3.9k +3,855
70 SILVER OAK SECURITIES, INCORPORATED 0.09% of their portfolio JACKSON, TN 7,5557.6k $1.1m $1.1m 0.09% Added +25 +25
71 G&S Capital LLC 0.43% of their portfolio DENVER, CO 7,1617.2k $1.1m $1.1m 0.43% Added +71 +71
72 Wealthcare Advisory Partners LLC 0.02% of their portfolio WEST CHESTER, PA 7,1577.2k $1.1m $1.1m 0.02% Added +2.2k +2,232
73 INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio SAN DIEGO, CA 7,0547.1k $1.1m $1.1m 0.03% Reduced -180 -180
74 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 6,9557.0k $1.0m $1.0m 0.02% Added +591 +591
75 Cresset Asset Management, LLC 0.01% of their portfolio Chicago, IL 6,6646.7k $1.0m $1.0m 0.01% Reduced -201 -201
76 COMERICA BANK 0.00% of their portfolio DALLAS, TX 6,5936.6k $995.3k $995.3k 0.00% Reduced -69 -69
77 Tyler-Stone Wealth Management 0.16% of their portfolio Beachwood, OH 6,4756.5k $977.6k $977.6k 0.16% Unchanged
78 Stonebridge Financial Planning Group, LLC 0.40% of their portfolio ORLANDO, FL 6,4056.4k $967.0k $967.0k 0.40% Reduced -200 -200
79 Cyndeo Wealth Partners, LLC 0.06% of their portfolio ST. PETERSBURG, FL 6,3836.4k $963.6k $963.6k 0.06% Reduced -10 -10
80 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 6,0586.1k $914.6k $914.6k 0.00% Reduced -2.4k -2,427
81 Gateway Wealth Partners, LLC 0.17% of their portfolio APPLETON, WI 5,9666.0k $900.7k $900.7k 0.17% Added +1.7k +1,731
82 Clearwater Capital Advisors, LLC 0.08% of their portfolio HOFFMAN ESTATES, IL 5,8225.8k $878.9k $878.9k 0.08% Reduced -27 -27
83 StoneX Group Inc. 0.04% of their portfolio NEW YORK, NY 5,7715.8k $871.3k $871.3k 0.04% Reduced -901 -901
84 LaSalle St. Investment Advisors, LLC 0.23% of their portfolio ELMHURST, IL 5,6585.7k $854.0k $854.0k 0.23% Reduced -808 -808
85 Fifth Third Securities, Inc. 0.06% of their portfolio Cincinnati, OH 5,5305.5k $834.9k $834.9k 0.06% Reduced -3.5k -3,519
86 Focus Financial Network, Inc. 0.03% of their portfolio MINNEAPOLIS, MN 5,4935.5k $829.3k $829.3k 0.03% Reduced -191 -191
87 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 5,4345.4k $820.3k $820.3k 0.00% Reduced -195 -195
88 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 5,4155.4k $817.5k $817.5k 0.01% Reduced -38 -38
89 Ashton Thomas Private Wealth, LLC 0.03% of their portfolio SCOTTSDALE, AZ 5,1675.2k $780.0k $780.0k 0.03% Reduced -671 -671
90 MPWM ADVISORY SOLUTIONS, LLC 0.49% of their portfolio ALPHARETTA, GA 5,1035.1k $770.4k $770.4k 0.49% Added +4.7k +4,711
91 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 5,0975.1k $769.5k $769.5k 0.02% Reduced -77 -77
92 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,0475.0k $762.1k $762.1k 0.00% Unchanged
93 Global Assets Advisory, LLC 0.29% of their portfolio ORLANDO, FL 5,0295.0k $751.7k $751.7k 0.29% Reduced -10.1k -10,058
94 GREAT VALLEY ADVISOR GROUP, INC. 0.02% of their portfolio WILMINGTON, DE 4,9705.0k $750.8k $750.8k 0.02% Reduced -19 -19
95 Well Done, LLC 0.14% of their portfolio HOLLAND, MI 4,8754.9k $736.0k $736.0k 0.14% Unchanged
96 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 4,8494.8k $732.0k $732.0k 0.02% Reduced -328 -328
97 1776 Wealth LLC 0.30% of their portfolio ATLANTA, GA 4,8014.8k $724.8k $724.8k 0.30% Unchanged
98 IFG Advisory, LLC 0.04% of their portfolio ATLANTA, GA 4,7364.7k $715.0k $715.0k 0.04% Added +1.6k +1,647
99 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 4,6744.7k $705.6k $705.6k 0.00% Reduced -272 -272
100 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 4,5574.6k $711.5k $711.5k 0.02% Unchanged