Vault-13

FIRST TR EXCHANGE-TRADED FD FDD

COMMON SHS · ETP · CUSIP 33735T109

115 institutional holders +35 vs Q1 2025
20,878,86620.9m shares reported held*
$324.1mreported value*
39 new 46 added 20 reduced 4 sold out net bought ≈ $195.8m (+12.6m 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. Holder counts are more reliable. Implied quarter-end price ≈ $15.52. Options: 1 managers hold calls ($0 notional), 2 hold puts ($2.7k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 74Q4 22: 73Q1 23: 72Q2 23: 70Q3 23: 74Q4 23: 81Q1 24: 71Q2 24: 79Q3 24: 78Q4 24: 77Q1 25: 80Q2 25: 115115Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202274
Q4 202273
Q1 202372
Q2 202370
Q3 202374
Q4 202381
Q1 202471
Q2 202479
Q3 202478
Q4 202477
Q1 202580
Q2 2025115

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 31 bought or addedQ3 23: 35 cut or sold outQ4 23: 26 bought or addedQ4 23: 47 cut or sold outQ4 23Q1 24: 29 bought or addedQ1 24: 44 cut or sold outQ2 24: 40 bought or addedQ2 24: 30 cut or sold outQ2 24Q3 24: 34 bought or addedQ3 24: 42 cut or sold outQ4 24: 46 bought or addedQ4 24: 28 cut or sold outQ4 24Q1 25: 52 bought or addedQ1 25: 29 cut or sold outQ2 25: 85 bought or addedQ2 25: 24 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20233135
Q4 20232647
Q1 20242944
Q2 20244030
Q3 20243442
Q4 20244628
Q1 20255229
Q2 20258524

Calls vs puts

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

CallsPuts
$0$50k$100k$150k$200kQ3 24 calls: $2.0kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $112.3kQ4 24 puts: $84.4kQ4 24P/C 0.75Q1 25 calls: $171.0kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $0Q2 25 puts: $2.7kQ2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$2.0k$00.00
Q4 2024$112.3k$84.4k0.75
Q1 2025$171.0k$00.00
Q2 2025$0$2.7k—

Biggest buyers

WELLS FARGO & COMPANY/MN Added +2,060,359+2.1m
MANCHESTER FINANCIAL INC New +1,382,182+1.4m
RAYMOND JAMES FINANCIAL INC Added +1,281,248+1.3m
SMI Advisory Services, LLC New +1,247,631+1.2m
ODonnell Financial Services, LLC New +747,517+747.5k
MORGAN STANLEY Added +595,863+595.9k
OSAIC HOLDINGS, INC. Added +560,528+560.5k
UBS Group AG Added +516,872+516.9k
Sanctuary Advisors, LLC New +409,954+410.0k
Atria Investments, Inc Added +404,606+404.6k

Biggest sellers

Owen LaRue, LLC Reduced -243,403-243.4k
BANK OF AMERICA CORP /DE/ Reduced -53,473-53.5k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -42,589-42.6k
Orion Porfolio Solutions, LLC Reduced -14,560-14.6k
Jaffetilchin Investment Partners, LLC Sold out -14,255-14.3k
HARBOUR INVESTMENTS, INC. Reduced -7,702-7.7k
CreativeOne Wealth, LLC Reduced -6,331-6.3k
Focus Partners Wealth Reduced -5,649-5.6k
PRINCIPAL SECURITIES, INC. Reduced -4,731-4.7k
Envestnet Portfolio Solutions, Inc. Reduced -3,754-3.8k

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

ZAZOVE ASSOCIATES LLC New $2.7k13.7k 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 0.00% of their portfolio NEW YORK, NY 2,689,9452.7m $41.8m $41.8m 0.00% Added +595.9k +595,863
2 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,494,5482.5m $38.8m $38.8m 0.01% Added +2.1m +2,060,359
3 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,491,5571.5m $23.2m $23.2m 0.01% Added +1.3m +1,281,248
4 MANCHESTER FINANCIAL INC 4.50% of their portfolio Westlake Village, CA 1,382,1821.4m $21.5m $21.5m 4.50% New
5 SMI Advisory Services, LLC 3.74% of their portfolio COLUMBUS, IN 1,247,6311.2m $19.3m $19.3m 3.74% New
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,154,6371.2m $17.9m $17.9m 0.00% Added +516.9k +516,872
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 749,713749.7k $11.7m $11.7m 0.00% Added +278.0k +278,001
8 ODonnell Financial Services, LLC 4.46% of their portfolio SAN RAFAEL, CA 747,517747.5k $11.6m $11.6m 4.46% New
9 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 650,174650.2k $10.1m $10.1m 0.00% Added +227.2k +227,240
10 Intellectus Partners, LLC 2.12% of their portfolio SAN FRANCISCO, CA 632,650632.6k $9.8m $9.8m 2.12% Added +17.0k +17,017
11 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 569,857569.9k $8.9m $8.9m 0.02% Added +560.5k +560,528
12 Atria Investments, Inc 0.08% of their portfolio Charlotte, NC 414,962415.0k $6.4m $6.4m 0.08% Added +404.6k +404,606
13 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 409,954410.0k $6.4m $6.4m 0.04% New
14 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 400,000400.0k $6.2m $6.2m 0.01% Added +246.9k +246,876
15 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 380,881380.9k $5.9m $5.9m 0.02% Added +184.5k +184,456
16 IFP Advisors, Inc 0.15% of their portfolio TAMPA, FL 342,112342.1k $5.3m $5.3m 0.15% Added +339.8k +339,808
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 273,362273.4k $4.2m $4.2m 0.00% Reduced -53.5k -53,473
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 255,278255.3k $4.0m $4.0m 0.00% Added +93.5k +93,550
19 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 228,340228.3k $3.5m $3.5m 0.00% Added +138.1k +138,081
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 220,698220.7k $3.4m $3.4m 0.00% Added +195.3k +195,269
21 FLAGSHIP HARBOR ADVISORS, LLC 0.15% of their portfolio BOSTON, MA 198,437198.4k $3.1m $3.1m 0.15% New
22 FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. 1.76% of their portfolio SALINE, MI 195,185195.2k $3.0m $3.0m 1.76% New
23 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 181,155181.2k $2.8m $2.8m 0.02% Added +58.6k +58,605
24 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 164,659164.7k $2.6m $2.6m 0.02% Added +160.1k +160,125
25 Next Level Private LLC 0.83% of their portfolio HARRISON, NY 163,272163.3k $2.5m $2.5m 0.83% Added +1.1k +1,147
26 FOREFRONT WEALTH MANAGEMENT INC. 1.97% of their portfolio MALVERN, PA 157,967158.0k $2.5m $2.5m 1.97% New
27 Prospera Financial Services Inc 0.05% of their portfolio Dallas, TX 156,115156.1k $2.4m $2.4m 0.05% New
28 HARBOUR INVESTMENTS, INC. 0.06% of their portfolio MADISON, WI 155,443155.4k $2.4m $2.4m 0.06% Reduced -7.7k -7,702
29 Hobart Private Capital, LLC 0.55% of their portfolio CHARLOTTE, NC 154,669154.7k $2.4m $2.4m 0.55% Added +16.1k +16,142
30 Owen LaRue, LLC 1.00% of their portfolio ELIZABETHTOWN, KY 151,421151.4k $2.4m $2.4m 1.00% Reduced -243.4k -243,403
31 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 120,316120.3k $1.9m $1.9m 0.00% Added +103.6k +103,609
32 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 109,515109.5k $1.7m $1.7m 0.00% Added +98.4k +98,415
33 Murphy, Middleton, Hinkle & Parker, Inc. 0.82% of their portfolio Thomasville, GA 107,446107.4k $1.5m $1.5m 0.82% Unchanged
34 TCFG WEALTH MANAGEMENT, LLC 0.73% of their portfolio LAGUNA NIGUEL, CA 103,350103.3k $1.6m $1.6m 0.73% Reduced -438 -438
35 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 100,802100.8k $1.6m $1.6m 0.00% Reduced -42.6k -42,589
36 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 94,79694.8k $1.5m $1.5m 0.01% Added +4.0k +3,974
37 Private Advisory Group LLC 0.13% of their portfolio REDMOND, WA 92,11092.1k $1.4m $1.4m 0.13% New
38 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 75,22775.2k $1.2m $1.2m 0.02% Reduced -1.8k -1,759
39 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 71,71971.7k $1.1m $1.1m 0.00% Added +64.8k +64,826
40 BlueChip Wealth Advisors LLC 0.44% of their portfolio Milton, GA 63,43663.4k $985.8k $985.8k 0.44% Reduced -3.4k -3,395
41 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 60,26060.3k $936.0k $936.0k 0.00% Added +5.9k +5,912
42 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 57,25957.3k $889.8k $889.8k 0.00% Added +36.7k +36,692
43 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 57,09957.1k $887.3k $887.3k 0.00% Added +35.8k +35,785
44 Wisconsin Wealth Advisors, LLC 0.94% of their portfolio SUN PRAIRIE, WI 52,72252.7k $819.3k $819.3k 0.94% New
45 Coppell Advisory Solutions LLC 0.06% of their portfolio COPPELL, TX 52,13852.1k $808.7k $808.7k 0.06% Added +38.9k +38,857
46 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 50,08950.1k $778.4k $778.4k 0.00% Added +26.2k +26,163
47 Elevated Capital Advisors, LLC 0.19% of their portfolio SANDY, UT 49,41949.4k $670.6k $670.6k 0.19% Unchanged
48 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 47,93647.9k $744.9k $744.9k 0.00% Reduced -3.8k -3,754
49 COMERICA BANK 0.00% of their portfolio DALLAS, TX 46,75746.8k $726.6k $726.6k 0.00% Reduced -3.4k -3,355
50 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio ORLANDO, FL 44,01044.0k $683.9k $683.9k 0.06% New
51 J2 Capital Management Inc 0.52% of their portfolio TROY, MI 41,71641.7k $648.3k $648.3k 0.52% New
52 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 40,75240.8k $633.3k $633.3k 0.00% Added +8.9k +8,852
53 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 39,34339.3k $611.4k $611.4k 0.00% Reduced -5.6k -5,649
54 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 35,75835.8k $555.7k $555.7k 0.01% Reduced -200 -200
55 Ciovacco Capital Management LLC 0.30% of their portfolio ATLANTA, GA 34,99435.0k $543.8k $543.8k 0.30% New
56 COTTONWOOD CAPITAL ADVISORS, LLC 0.35% of their portfolio SALT LAKE CITY, UT 33,17033.2k $515.5k $515.5k 0.35% Reduced -59 -59
57 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 32,69432.7k $508.0k $508.0k 0.02% New
58 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 32,60032.6k $506.6k $506.6k 0.00% Reduced -14.6k -14,560
59 Balboa Wealth Partners 0.10% of their portfolio SCOTTSDALE, AZ 32,45932.5k $504.4k $504.4k 0.10% Added +20.5k +20,497
60 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 30,01230.0k $466.4k $466.4k 0.01% Added +10.3k +10,350
61 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 29,32329.3k $455.7k $455.7k 0.00% New
62 INTEGRITY ALLIANCE, LLC. 0.02% of their portfolio Urbandale, IA 29,08629.1k $452.0k $452.0k 0.02% New
63 Gateway Wealth Partners, LLC 0.08% of their portfolio APPLETON, WI 28,58828.6k $444.3k $444.3k 0.08% Added +6.6k +6,587
64 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 28,51428.5k $443.1k $443.1k 0.01% Added +14.1k +14,085
65 ORG Partners LLC 0.10% of their portfolio ROANOKE, IN 28,50028.5k $465.9k $465.9k 0.10% New
66 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 25,05525.1k $389.0k $389.0k 0.01% Unchanged
67 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 24,94624.9k $388.9k $388.9k 0.00% New
68 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 22,95223.0k $356.7k $356.7k 0.01% New
69 Belpointe Asset Management LLC 0.01% of their portfolio RENO, NV 22,90522.9k $355.9k $355.9k 0.01% New
70 LEE JOHNSON CAPITAL MANAGEMENT, LLC 0.12% of their portfolio FORT WORTH, TX 22,64022.6k $351.8k $351.8k 0.12% New
71 Moors & Cabot, Inc. 0.02% of their portfolio BOSTON, MA 22,36622.4k $347.6k $347.6k 0.02% New
72 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 20,52120.5k $318.9k $318.9k 0.00% Reduced -2.7k -2,735
73 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 20,36120.4k $316.4k $316.4k 0.01% Reduced -6.3k -6,331
74 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 20,15320.2k $313.2k $313.2k 0.00% Added +7.3k +7,300
75 SILVER OAK SECURITIES, INCORPORATED 0.03% of their portfolio JACKSON, TN 20,05620.1k $311.7k $311.7k 0.03% Added +4.1k +4,059
76 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 17,41617.4k $270.6k $270.6k 0.01% Added +450 +450
77 Berger Financial Group, Inc 0.02% of their portfolio PLYMOUTH, MN 16,54316.5k $257.1k $257.1k 0.02% Added +668 +668
78 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 16,30416.3k $253.4k $253.4k 0.00% New
79 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 15,49315.5k $237.4k $237.4k 0.00% New
80 Strategic Financial Partners, Ltd. 0.11% of their portfolio Bend, OR 14,91014.9k $231.7k $231.7k 0.11% Added +26 +26
81 LIBERTY WEALTH MANAGEMENT LLC 0.04% of their portfolio OAKLAND, CA 14,77014.8k $229.5k $229.5k 0.04% Added +188 +188
82 Prosperity Wealth Management, Inc. 0.08% of their portfolio San Ramon, CA 14,60014.6k $226.9k $226.9k 0.08% New
83 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 14,10514.1k $219.2k $219.2k 0.00% New
84 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 14,08614.1k $218.9k $218.9k 0.00% Reduced -4.7k -4,731
85 Topsail Wealth Management, LLC 0.04% of their portfolio CHARLOTTE, NC 14,06014.1k $218.5k $218.5k 0.04% New
86 NFSG Corp 0.03% of their portfolio BOCA RATON, FL 13,87913.9k $215.7k $215.7k 0.03% New
87 Compound Planning, Inc. 0.01% of their portfolio NEW YORK, NY 13,87913.9k $215.7k $215.7k 0.01% New
88 Treasure Coast Financial Planning 0.12% of their portfolio VERO BEACH, FL 13,49313.5k $209.7k $209.7k 0.12% Added +970 +970
89 Register Financial Advisors LLC 0.09% of their portfolio ATLANTA, GA 12,71912.7k $197.6k $197.6k 0.09% New
90 FSB PREMIER WEALTH MANAGEMENT, INC. 0.06% of their portfolio WATERLOO, IA 11,11611.1k $172.7k $172.7k 0.06% Added +24 +24
91 BlackDiamond Wealth Management, LLC 0.10% of their portfolio NEW YORK, NY 10,95211.0k $170.1k $170.1k 0.10% Reduced -147 -147
92 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 10,00010.0k $155.4k $155.4k 0.00% New
93 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 6,4386.4k $100.0k $100.0k 0.00% Added +3.7k +3,722
94 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 5,8435.8k $90.8k $90.8k 0.00% First filing
95 FMR LLC 0.00% of their portfolio BOSTON, MA 5,7165.7k $88.8k $88.8k 0.00% New
96 Wilmington Savings Fund Society, FSB 0.00% of their portfolio WILMINGTON, DE 4,3004.3k $66.8k $66.8k 0.00% New
97 TWIN PEAKS WEALTH ADVISORS, LLC 0.02% of their portfolio SAN FRANCISCO, CA 4,2164.2k $68.4k $68.4k 0.02% New
98 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 3,7933.8k $58.9k $58.9k 0.00% Reduced -680 -680
99 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 3,0003.0k $46.6k $46.6k 0.00% New
100 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 2,7752.8k $43.1k $43.1k 0.00% Unchanged