Vault-13

FIRST TRUST LRGCP GWT ALPHAD FTC

COM SHS · ETP · CUSIP 33735K108

203 institutional holders +4 vs Q3 2025
5,348,8245.3m shares reported held*
$855.5mreported value*
13 new 52 added 77 reduced 12 sold out net bought ≈ $3.3m (+20.4k 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 ($460.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $159.93. Options: 1 managers hold calls ($2.1m notional), 1 hold puts ($32.0k).

Trends to Q4 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: 200Q3 25: 199Q4 25: 203203Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 2025199
Q4 2025203

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 25Q3 25: 71 bought or addedQ3 25: 82 cut or sold outQ4 25: 65 bought or addedQ4 25: 89 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202472103
Q2 20246493
Q3 20247095
Q4 202450108
Q1 202558105
Q2 20256892
Q3 20257182
Q4 20256589

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $1.9mQ2 25 puts: $15.1kQ2 25P/C 0.01Q3 25 calls: $2.0mQ3 25 puts: $16.1kQ3 25P/C 0.01Q4 25 calls: $2.1mQ4 25 puts: $32.0kQ4 25P/C 0.02
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$1.9m$15.1k0.01
Q3 2025$2.0m$16.1k0.01
Q4 2025$2.1m$32.0k0.02

Biggest buyers

WIN ADVISORS, INC New +90,856+90.9k
RAYMOND JAMES FINANCIAL INC Added +27,496+27.5k
Prospera Financial Services Inc New +18,735+18.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +16,580+16.6k
STIFEL FINANCIAL CORP Added +15,938+15.9k
Gateway Wealth Partners, LLC Added +9,748+9.7k
BENJAMIN EDWARDS INC Added +9,074+9.1k
CITADEL ADVISORS LLC New +8,483+8.5k
NewEdge Advisors, LLC Added +7,366+7.4k
Cambridge Investment Research Advisors, Inc. Added +5,581+5.6k

Biggest sellers

Virtu Financial LLC Sold out -43,593-43.6k
MORGAN STANLEY Reduced -37,783-37.8k
RPS ADVISORY SOLUTIONS LLC Reduced -22,064-22.1k
LPL Financial LLC Reduced -12,373-12.4k
Keystone Wealth Services, LLC Sold out -10,780-10.8k
AMERIPRISE FINANCIAL INC Reduced -10,451-10.5k
RiverTree Advisors, LLC Reduced -10,126-10.1k
Kingsview Wealth Management, LLC Reduced -9,110-9.1k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -6,407-6.4k
BANK OF AMERICA CORP /DE/ Reduced -6,389-6.4k

Biggest calls

Belvedere Trading LLC Added $2.1m13.3k shares

Biggest puts

Belvedere Trading LLC Added $32.0k200 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 714,028714.0k $114.2m $114.2m 0.01% Reduced -37.8k -37,783
2 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 690,775690.8k $110.4m $110.4m 0.03% Reduced -12.4k -12,373
3 Janney Montgomery Scott LLC 0.16% of their portfolio PHILADELPHIA, PA 444,932444.9k $71.1m $71.1m 0.16% Added +3.4k +3,375
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 418,058418.1k $66.8m $66.8m 0.01% Reduced -1.3k -1,292
5 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 271,020271.0k $43.3m $43.3m 0.01% Added +27.5k +27,496
6 UBS Group AG 0.01% of their portfolio ZURICH, V8 227,091227.1k $36.3m $36.3m 0.01% Reduced -4.9k -4,897
7 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 186,232186.2k $29.8m $29.8m 0.04% Reduced -6.4k -6,407
8 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 171,100171.1k $27.4m $27.4m 0.02% Reduced -2.8k -2,766
9 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 150,464150.5k $24.1m $24.1m 0.04% Added +2.4k +2,354
10 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 144,315144.3k $23.1m $23.1m 0.00% Reduced -6.4k -6,389
11 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 113,772113.8k $18.2m $18.2m 0.05% Added +5.6k +5,581
12 CX Institutional 0.51% of their portfolio AUBURN, IN 107,778107.8k $17.2m $17.2m 0.51% Added +2.7k +2,738
13 Kingsview Wealth Management, LLC 0.24% of their portfolio GRANTS PASS, OR 102,547102.5k $16.4m $16.4m 0.24% Reduced -9.1k -9,110
14 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 96,58196.6k $15.4m $15.4m 0.02% Reduced -2.9k -2,875
15 WIN ADVISORS, INC 6.17% of their portfolio PALM BEACH GARDENS, FL 90,85690.9k $14.5m $14.5m 6.17% New
16 BENJAMIN EDWARDS INC 0.13% of their portfolio Clayton, MO 72,16372.2k $11.5m $11.5m 0.13% Added +9.1k +9,074
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 67,29867.3k $10.8m $10.8m 0.00% Added +5.2k +5,213
18 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 48,91248.9k $7.8m $7.8m 0.01% Added +15.9k +15,938
19 U.S. Capital Wealth Advisors, LLC 0.18% of their portfolio AUSTIN, TX 42,36042.4k $6.8m $6.8m 0.18% Added +885 +885
20 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 40,02140.0k $6.4m $6.4m 0.01% Added +3.6k +3,551
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 38,47238.5k $6.2m $6.2m 0.01% Added +16.6k +16,580
22 D.A. DAVIDSON & CO. 0.04% of their portfolio GREAT FALLS, MT 38,10738.1k $6.1m $6.1m 0.04% Reduced -2.2k -2,154
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 37,04237.0k $5.9m $5.9m 0.00% Reduced -549 -549
24 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 30,47430.5k $4.9m $4.9m 0.00% Added +340 +340
25 IHT Wealth Management, LLC 0.11% of their portfolio Chicago, IL 27,72527.7k $4.4m $4.4m 0.11% Reduced -2.6k -2,567
26 GREENUP STREET WEALTH MANAGEMENT LLC 0.55% of their portfolio OVERLAND PARK, KS 23,89223.9k $3.8m $3.8m 0.55% Reduced -786 -786
27 HARBOUR INVESTMENTS, INC. 0.08% of their portfolio MADISON, WI 23,46123.5k $3.8m $3.8m 0.08% Reduced -2.8k -2,802
28 LVZ, Inc. 0.42% of their portfolio Holland, MI 23,31323.3k $3.7m $3.7m 0.42% Reduced -1.2k -1,242
29 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 22,12122.1k $3.5m $3.5m 0.00% Added +2.1k +2,063
30 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 21,64721.6k $3.5m $3.5m 0.02% Added +868 +868
31 Vestmark Advisory Solutions, Inc. 0.04% of their portfolio Wakefield, MA 20,60120.6k $3.3m $3.3m 0.04% Added +2.2k +2,169
32 HFG Advisors, Inc. 2.31% of their portfolio CINCINATTI, OH 19,94419.9k $3.2m $3.2m 2.31% Added +375 +375
33 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 19,62119.6k $3.1m $3.1m 0.01% Added +1.3k +1,318
34 IFP Advisors, Inc 0.07% of their portfolio TAMPA, FL 19,23119.2k $3.1m $3.1m 0.07% Reduced -1.7k -1,747
35 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 19,01719.0k $3.0m $3.0m 0.02% Reduced -190 -190
36 Western Wealth Management, LLC 0.14% of their portfolio GOLDEN, CO 18,77218.8k $3.0m $3.0m 0.14% Reduced -1.3k -1,257
37 Prospera Financial Services Inc 0.05% of their portfolio Dallas, TX 18,73518.7k $3.0m $3.0m 0.05% New
38 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 17,59817.6k $2.8m $2.8m 0.00% Reduced -10.5k -10,451
39 Gateway Wealth Partners, LLC 0.28% of their portfolio APPLETON, WI 15,80215.8k $2.5m $2.5m 0.28% Added +9.7k +9,748
40 Wedmont Private Capital 0.09% of their portfolio WEST CHESTER, PA 15,40015.4k $2.5m $2.5m 0.09% Unchanged
41 FSB PREMIER WEALTH MANAGEMENT, INC. 0.78% of their portfolio WATERLOO, IA 15,37815.4k $2.5m $2.5m 0.78% Reduced -244 -244
42 Snowden Capital Advisors LLC 0.06% of their portfolio New York, NY 14,35114.4k $2.3m $2.3m 0.06% Unchanged
43 Stratos Wealth Partners, LTD. 0.02% of their portfolio BEACHWOOD, OH 13,76013.8k $2.2m $2.2m 0.02% Reduced -99 -99
44 Wealthcare Advisory Partners LLC 0.04% of their portfolio WEST CHESTER, PA 13,70513.7k $2.2m $2.2m 0.04% Added +2.0k +2,001
45 Gladstone Institutional Advisory LLC 0.08% of their portfolio Bedminster, NJ 13,33313.3k $2.1m $2.1m 0.08% Reduced -852 -852
46 Empirical Asset Management, LLC 0.56% of their portfolio WELLESLEY, MA 12,33212.3k $2.0m $2.0m 0.56% Added +3.6k +3,581
47 Boyce & Associates Wealth Consulting, Inc. 1.62% of their portfolio CEDAR PARK, TX 12,06712.1k $1.9m $1.9m 1.62% Reduced -187 -187
48 Apollon Wealth Management, LLC 0.03% of their portfolio MOUNT PLEASANT, SC 11,37311.4k $1.8m $1.8m 0.03% Reduced -1.1k -1,070
49 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 11,33411.3k $1.8m $1.8m 0.01% Added +7.4k +7,366
50 NATIXIS ADVISORS, LLC 0.00% of their portfolio Boston, MA 11,31911.3k $1.8m $1.8m 0.00% Reduced -73 -73
51 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 11,29111.3k $1.8m $1.8m 0.00% Reduced -136 -136
52 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 11,26411.3k $1.8m $1.8m 0.01% Reduced -1 -1
53 MONEY CONCEPTS CAPITAL CORP 0.10% of their portfolio PALM BEACH GARDENS, FL 11,08511.1k $1.8m $1.8m 0.10% Unchanged
54 CWM, LLC 0.00% of their portfolio OMAHA, NE 10,83910.8k $1.7m $1.7m 0.00% Reduced -287 -287
55 Proactive Wealth Strategies LLC 0.67% of their portfolio MARIETTA, GA 10,50410.5k $1.7m $1.7m 0.67% Added +287 +287
56 Horizon Family Wealth, Inc. 0.87% of their portfolio CHICAGO, IL 10,23910.2k $1.6m $1.6m 0.87% Added +1 +1
57 Hilton Head Capital Partners, LLC 0.93% of their portfolio HILTON HEAD ISLAND, SC 9,96610.0k $1.6m $1.6m 0.93% First filing
58 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 9,7359.7k $1.6m $1.6m 0.02% Reduced -2.1k -2,067
59 Krilogy Financial LLC 0.05% of their portfolio ST. LOUIS, MO 9,4859.5k $1.6m $1.6m 0.05% Reduced -35 -35
60 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 9,3839.4k $1.5m $1.5m 0.01% Added +1 +1
61 LANARK FINANCIAL, INC. 0.11% of their portfolio BIRMINGHAM, AL 9,3409.3k $1.5m $1.5m 0.11% Reduced -125 -125
62 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 9,1129.1k $1.5m $1.5m 0.02% Reduced -257 -257
63 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 8,8798.9k $1.4m $1.4m 0.00% Added +55 +55
64 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 8,8298.8k $1.4m $1.4m 0.02% Added +427 +427
65 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.01% of their portfolio Stamford, CT 8,7438.7k $1.4m $1.4m 0.01% Added +3.6k +3,607
66 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 8,6178.6k $1.4m $1.4m 0.00% Reduced -798 -798
67 Mutual Advisors, LLC 0.03% of their portfolio OMAHA, NE 8,5258.5k $1.4m $1.4m 0.03% Added +4.0k +4,016
68 CoreCap Advisors, LLC 0.05% of their portfolio SOUTHFIELD, MI 8,4918.5k $1.4m $1.4m 0.05% Added +96 +96
69 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 8,4838.5k $1.4m $1.4m 0.00% New
70 Geneos Wealth Management Inc. 0.03% of their portfolio ENGLEWOOD, CO 7,8757.9k $1.3m $1.3m 0.03% Reduced -116 -116
71 Transamerica Financial Advisors, LLC 0.10% of their portfolio CEDAR RAPIDS, IA 7,7387.7k $1.2m $1.2m 0.10% Reduced -297 -297
72 Three Seasons Wealth, LLC 0.12% of their portfolio SALT LAKE CITY, UT 7,6557.7k $1.2m $1.2m 0.12% Reduced -161 -161
73 SILVER OAK SECURITIES, INCORPORATED 0.08% of their portfolio JACKSON, TN 7,5197.5k $1.2m $1.2m 0.08% Added +12 +12
74 RPS ADVISORY SOLUTIONS LLC 0.56% of their portfolio LOUISVILLE, KY 7,4297.4k $1.2m $1.2m 0.56% Reduced -22.1k -22,064
75 Richmond Investment Services, LLC 0.20% of their portfolio Mequon, WI 7,3537.4k $1.2m $1.2m 0.20% Reduced -31 -31
76 Beck Bode, LLC 0.19% of their portfolio DEDHAM, MA 7,0457.0k $1.1m $1.1m 0.19% Reduced -846 -846
77 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 6,9567.0k $1.1m $1.1m 0.01% Added +361 +361
78 G&S Capital LLC 0.38% of their portfolio DENVER, CO 6,7426.7k $1.1m $1.1m 0.38% Reduced -290 -290
79 COMERICA BANK 0.00% of their portfolio DALLAS, TX 6,6626.7k $1.1m $1.1m 0.00% Added +15 +15
80 Fifth Third Securities, Inc. 0.07% of their portfolio Cincinnati, OH 6,5296.5k $1.0m $1.0m 0.07% Added +590 +590
81 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 6,4966.5k $1.0m $1.0m 0.00% Reduced -171 -171
82 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 6,2556.3k $1.0m $1.0m 0.02% Reduced -727 -727
83 Clearwater Capital Advisors, LLC 0.08% of their portfolio HOFFMAN ESTATES, IL 5,7545.8k $919.9k $919.9k 0.08% Unchanged
84 Z3 Capital Partners, LLC 0.22% of their portfolio RICHMOND, VA 5,7085.7k $912.6k $912.6k 0.22% First filing
85 Stonebridge Financial Planning Group, LLC 0.32% of their portfolio ORLANDO, FL 5,5605.6k $888.9k $888.9k 0.32% Reduced -300 -300
86 LaSalle St. Investment Advisors, LLC 0.14% of their portfolio ELMHURST, IL 5,4645.5k $873.0k $873.0k 0.14% Reduced -89 -89
87 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 5,3395.3k $853.6k $853.6k 0.00% Added +8 +8
88 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 5,3115.3k $849.1k $849.1k 0.00% Reduced -5.4k -5,435
89 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,2765.3k $843.6k $843.6k 0.00% Reduced -5.9k -5,852
90 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 5,2635.3k $841.4k $841.4k 0.02% Reduced -99 -99
91 Ashton Thomas Private Wealth, LLC 0.02% of their portfolio SCOTTSDALE, AZ 5,1335.1k $820.7k $820.7k 0.02% Added +177 +177
92 MPWM ADVISORY SOLUTIONS, LLC 0.46% of their portfolio ALPHARETTA, GA 5,1125.1k $817.3k $817.3k 0.46% Added +9 +9
93 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 4,9715.0k $794.7k $794.7k 0.02% Added +132 +132
94 Mariner, LLC 0.00% of their portfolio Overland Park, KS 4,9044.9k $784.1k $784.1k 0.00% Reduced -197 -197
95 Well Done, LLC 0.12% of their portfolio HOLLAND, MI 4,8754.9k $779.4k $779.4k 0.12% Unchanged
96 Global Assets Advisory, LLC 0.22% of their portfolio ORLANDO, FL 4,8724.9k $778.9k $778.9k 0.22% Reduced -157 -157
97 StoneX Group Inc. 0.03% of their portfolio NEW YORK, NY 4,8224.8k $771.0k $771.0k 0.03% Reduced -799 -799
98 GREAT VALLEY ADVISOR GROUP, INC. 0.01% of their portfolio WILMINGTON, DE 4,7124.7k $753.3k $753.3k 0.01% Reduced -441 -441
99 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.04% of their portfolio Westlake, OH 4,4994.5k $719.3k $719.3k 0.04% Reduced -3.3k -3,272
100 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 4,4794.5k $716.1k $716.1k 0.00% Reduced -59 -59