Vault-13

FIRST TR EXCHANGE-TRADED FD FDD

COMMON SHS · ETP · CUSIP 33735T109

122 institutional holders +7 vs Q2 2025
24,876,73524.9m shares reported held*
$401.6mreported value*
13 new 59 added 34 reduced 8 sold out net bought ≈ $57.7m (+3.6m 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 ≈ $16.14.

Trends to Q3 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: 115Q3 25: 122122Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 2025122

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 26 bought or addedQ4 23: 47 cut or sold outQ1 24: 29 bought or addedQ1 24: 44 cut or sold outQ1 24Q2 24: 40 bought or addedQ2 24: 30 cut or sold outQ3 24: 34 bought or addedQ3 24: 42 cut or sold outQ3 24Q4 24: 46 bought or addedQ4 24: 28 cut or sold outQ1 25: 52 bought or addedQ1 25: 29 cut or sold outQ1 25Q2 25: 85 bought or addedQ2 25: 24 cut or sold outQ3 25: 72 bought or addedQ3 25: 42 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232647
Q1 20242944
Q2 20244030
Q3 20243442
Q4 20244628
Q1 20255229
Q2 20258524
Q3 20257242

Calls vs puts

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

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

Biggest buyers

CITADEL ADVISORS LLC Added +1,119,294+1.1m
MORGAN STANLEY Added +595,324+595.3k
AMERIPRISE FINANCIAL INC Added +541,016+541.0k
BANK OF AMERICA CORP /DE/ Added +469,480+469.5k
UBS Group AG Added +466,815+466.8k
OSAIC HOLDINGS, INC. Added +280,059+280.1k
FLOW TRADERS U.S. LLC Added +235,054+235.1k
Allie Family Office LLC New +216,943+216.9k
ORG Partners LLC Added +185,100+185.1k
RAYMOND JAMES FINANCIAL INC Added +166,647+166.6k

Biggest sellers

SMI Advisory Services, LLC Sold out -1,247,631-1.2m
WELLS FARGO & COMPANY/MN Reduced -166,929-166.9k
ROYAL BANK OF CANADA Reduced -123,730-123.7k
Rockefeller Capital Management L.P. Reduced -100,804-100.8k
Private Advisory Group LLC Sold out -92,110-92.1k
KESTRA PRIVATE WEALTH SERVICES, LLC Reduced -45,074-45.1k
MML INVESTORS SERVICES, LLC Reduced -24,472-24.5k
Coppell Advisory Solutions LLC Reduced -23,969-24.0k
Belpointe Asset Management LLC Sold out -22,905-22.9k
Ciovacco Capital Management LLC Reduced -22,498-22.5k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,285,2693.3m $53.1m $53.1m 0.00% Added +595.3k +595,324
2 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,327,6192.3m $37.6m $37.6m 0.01% Reduced -166.9k -166,929
3 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,658,2041.7m $26.8m $26.8m 0.01% Added +166.6k +166,647
4 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,621,4521.6m $26.2m $26.2m 0.01% Added +466.8k +466,815
5 MANCHESTER FINANCIAL INC 4.63% of their portfolio Westlake Village, CA 1,431,7811.4m $23.1m $23.1m 4.63% Added +49.6k +49,599
6 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 1,191,1901.2m $19.2m $19.2m 0.00% Added +541.0k +541,016
7 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 1,169,3831.2m $18.9m $18.9m 0.02% Added +1.1m +1,119,294
8 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 849,916849.9k $13.6m $13.6m 0.02% Added +280.1k +280,059
9 ODonnell Financial Services, LLC 4.76% of their portfolio SAN RAFAEL, CA 828,001828.0k $13.4m $13.4m 4.76% Added +80.5k +80,484
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 823,671823.7k $13.3m $13.3m 0.00% Added +74.0k +73,958
11 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 742,842742.8k $12.0m $12.0m 0.00% Added +469.5k +469,480
12 Intellectus Partners, LLC 1.95% of their portfolio SAN FRANCISCO, CA 621,691621.7k $10.0m $10.0m 1.95% Reduced -11.0k -10,959
13 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 507,527507.5k $8.2m $8.2m 0.01% Added +107.5k +107,527
14 Atria Investments, Inc 0.08% of their portfolio Charlotte, NC 434,604434.6k $7.0m $7.0m 0.08% Added +19.6k +19,642
15 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 431,972432.0k $7.0m $7.0m 0.02% Added +22.0k +22,018
16 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 406,580406.6k $6.6m $6.6m 0.02% Added +25.7k +25,699
17 IFP Advisors, Inc 0.14% of their portfolio TAMPA, FL 322,972323.0k $5.2m $5.2m 0.14% Reduced -19.1k -19,140
18 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 302,988303.0k $4.9m $4.9m 0.00% Added +47.7k +47,710
19 Warner Group LLC 3.10% of their portfolio MADISON, CT 278,339278.3k $4.5m $4.5m 3.10% First filing
20 FLOW TRADERS U.S. LLC 0.18% of their portfolio NEW YORK, NY 267,748267.7k $4.3m $4.3m 0.18% Added +235.1k +235,054
21 Prospera Financial Services Inc 0.07% of their portfolio Dallas, TX 263,256263.3k $4.3m $4.3m 0.07% Added +107.1k +107,141
22 Allie Family Office LLC 1.66% of their portfolio MIAMI, FL 216,943216.9k $3.5m $3.5m 1.66% New
23 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 213,655213.7k $3.5m $3.5m 0.03% Added +32.5k +32,500
24 ORG Partners LLC 0.63% of their portfolio ROANOKE, IN 213,600213.6k $3.4m $3.4m 0.63% Added +185.1k +185,100
25 FORESIGHT CAPITAL MANAGEMENT ADVISORS, INC. 1.88% of their portfolio SALINE, MI 207,462207.5k $3.4m $3.4m 1.88% Added +12.3k +12,277
26 FLAGSHIP HARBOR ADVISORS, LLC 0.14% of their portfolio BOSTON, MA 202,460202.5k $3.3m $3.3m 0.14% Added +4.0k +4,023
27 Owen LaRue, LLC 1.27% of their portfolio ELIZABETHTOWN, KY 199,502199.5k $3.2m $3.2m 1.27% Added +48.1k +48,081
28 Next Level Private LLC 0.84% of their portfolio HARRISON, NY 179,058179.1k $2.9m $2.9m 0.84% Added +15.8k +15,786
29 Hobart Private Capital, LLC 0.57% of their portfolio CHARLOTTE, NC 168,048168.0k $2.7m $2.7m 0.57% Added +13.4k +13,379
30 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 160,688160.7k $2.6m $2.6m 0.01% Reduced -4.0k -3,971
31 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 158,492158.5k $2.6m $2.6m 0.00% Added +38.2k +38,176
32 FOREFRONT WEALTH MANAGEMENT INC. 1.86% of their portfolio MALVERN, PA 156,871156.9k $2.5m $2.5m 1.86% Reduced -1.1k -1,096
33 Concorde Asset Management, LLC 1.04% of their portfolio ANN ARBOR, MI 154,161154.2k $2.5m $2.5m 1.04% First filing
34 HARBOUR INVESTMENTS, INC. 0.06% of their portfolio MADISON, WI 152,305152.3k $2.5m $2.5m 0.06% Reduced -3.1k -3,138
35 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 144,652144.7k $2.3m $2.3m 0.00% Added +87.4k +87,393
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 128,753128.8k $2.1m $2.1m 0.00% Added +99.4k +99,430
37 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 127,536127.5k $2.1m $2.1m 0.00% Reduced -100.8k -100,804
38 Murphy, Middleton, Hinkle & Parker, Inc. 0.91% of their portfolio Thomasville, GA 115,577115.6k $1.9m $1.9m 0.91% Added +8.1k +8,131
39 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 112,243112.2k $1.8m $1.8m 0.00% Added +40.5k +40,524
40 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 108,464108.5k $1.8m $1.8m 0.00% Added +7.7k +7,662
41 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 106,452106.5k $1.7m $1.7m 0.00% Added +46.2k +46,192
42 TCFG WEALTH MANAGEMENT, LLC 0.65% of their portfolio LAGUNA NIGUEL, CA 103,166103.2k $1.7m $1.7m 0.65% Reduced -184 -184
43 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 96,96897.0k $1.6m $1.6m 0.00% Reduced -123.7k -123,730
44 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 86,17686.2k $1.4m $1.4m 0.01% Reduced -8.6k -8,620
45 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 85,04385.0k $1.4m $1.4m 0.00% Reduced -24.5k -24,472
46 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 62,47862.5k $1.0m $1.0m 0.00% Added +37.5k +37,532
47 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 61,08361.1k $986.5k $986.5k 0.00% Added +4.0k +3,984
48 BlueChip Wealth Advisors LLC 0.41% of their portfolio Milton, GA 59,80259.8k $965.8k $965.8k 0.41% Reduced -3.6k -3,634
49 INTEGRITY ALLIANCE, LLC. 0.04% of their portfolio Urbandale, IA 55,18855.2k $891.3k $891.3k 0.04% Added +26.1k +26,102
50 Wisconsin Wealth Advisors, LLC 0.82% of their portfolio SUN PRAIRIE, WI 53,10653.1k $857.7k $857.7k 0.82% Added +384 +384
51 GTS SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 47,08147.1k $760.4k $760.4k 0.03% New
52 COMERICA BANK 0.00% of their portfolio DALLAS, TX 46,99147.0k $758.9k $758.9k 0.00% Added +234 +234
53 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 45,18545.2k $729.7k $729.7k 0.00% Reduced -2.8k -2,751
54 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio ORLANDO, FL 45,00545.0k $698.9k $698.9k 0.06% Added +995 +995
55 Elevated Capital Advisors, LLC 0.18% of their portfolio SANDY, UT 43,74943.7k $706.5k $706.5k 0.18% Reduced -5.7k -5,670
56 J2 Capital Management Inc 0.50% of their portfolio TROY, MI 40,79940.8k $658.9k $658.9k 0.50% Reduced -917 -917
57 Gateway Wealth Partners, LLC 0.08% of their portfolio APPLETON, WI 38,92038.9k $628.6k $628.6k 0.08% Added +10.3k +10,332
58 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 38,30838.3k $618.7k $618.7k 0.00% Reduced -1.0k -1,035
59 STEPHENS INC /AR/ 0.01% of their portfolio LITTLE ROCK, AR 35,75835.8k $577.5k $577.5k 0.01% Unchanged
60 Global Assets Advisory, LLC 0.17% of their portfolio ORLANDO, FL 35,20035.2k $568.5k $568.5k 0.17% New
61 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 34,43534.4k $556.1k $556.1k 0.00% Reduced -6.3k -6,317
62 Virtu Financial LLC 0.03% of their portfolio New York, NY 33,53933.5k $542.0k $542.0k 0.03% New
63 COTTONWOOD CAPITAL ADVISORS, LLC 0.39% of their portfolio SALT LAKE CITY, UT 33,45933.5k $540.4k $540.4k 0.39% Added +289 +289
64 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 33,08533.1k $534.3k $534.3k 0.01% Added +4.6k +4,571
65 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 32,01232.0k $517.0k $517.0k 0.01% Added +2.0k +2,000
66 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 30,91230.9k $499.2k $499.2k 0.00% Reduced -1.7k -1,688
67 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 30,15330.2k $487.0k $487.0k 0.01% Reduced -45.1k -45,074
68 Coppell Advisory Solutions LLC 0.05% of their portfolio COPPELL, TX 28,16928.2k $452.4k $452.4k 0.05% Reduced -24.0k -23,969
69 Balboa Wealth Partners 0.08% of their portfolio SCOTTSDALE, AZ 28,12528.1k $454.2k $454.2k 0.08% Reduced -4.3k -4,334
70 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 25,35525.4k $409.0k $409.0k 0.01% Added +300 +300
71 Moors & Cabot, Inc. 0.02% of their portfolio BOSTON, MA 24,42024.4k $394.4k $394.4k 0.02% Added +2.1k +2,054
72 LEE JOHNSON CAPITAL MANAGEMENT, LLC 0.12% of their portfolio FORT WORTH, TX 22,69822.7k $366.6k $366.6k 0.12% Added +58 +58
73 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 22,12922.1k $357.4k $357.4k 0.01% Reduced -823 -823
74 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 21,69421.7k $350.3k $350.3k 0.00% Added +1.2k +1,173
75 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 21,12721.1k $341.2k $341.2k 0.00% Added +974 +974
76 SILVER OAK SECURITIES, INCORPORATED 0.02% of their portfolio JACKSON, TN 19,65719.7k $317.5k $317.5k 0.02% Reduced -399 -399
77 Berger Financial Group, Inc 0.02% of their portfolio PLYMOUTH, MN 19,30419.3k $311.8k $311.8k 0.02% Added +2.8k +2,761
78 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 18,74218.7k $302.7k $302.7k 0.00% Added +4.6k +4,637
79 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 18,47618.5k $298.4k $298.4k 0.01% Reduced -1.9k -1,885
80 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 16,52516.5k $266.9k $266.9k 0.01% Reduced -891 -891
81 Topsail Wealth Management, LLC 0.04% of their portfolio CHARLOTTE, NC 15,57515.6k $251.5k $251.5k 0.04% Added +1.5k +1,515
82 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 15,24515.2k $246.2k $246.2k 0.00% Reduced -248 -248
83 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 15,08415.1k $243.0k $243.0k 0.00% New
84 LIBERTY WEALTH MANAGEMENT LLC 0.03% of their portfolio OAKLAND, CA 14,99415.0k $242.2k $242.2k 0.03% Added +224 +224
85 Prosperity Wealth Management, Inc. 0.08% of their portfolio San Ramon, CA 14,52914.5k $234.7k $234.7k 0.08% Reduced -71 -71
86 NFSG Corp 0.03% of their portfolio BOCA RATON, FL 14,35414.4k $231.8k $231.8k 0.03% Added +475 +475
87 Compound Planning, Inc. 0.01% of their portfolio NEW YORK, NY 14,35414.4k $231.8k $231.8k 0.01% Added +475 +475
88 Strategic Financial Partners, Ltd. 0.10% of their portfolio Bend, OR 13,92013.9k $224.8k $224.8k 0.10% Reduced -990 -990
89 Register Financial Advisors LLC 0.09% of their portfolio ATLANTA, GA 13,76813.8k $222.4k $222.4k 0.09% Added +1.0k +1,049
90 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 13,61613.6k $219.9k $219.9k 0.00% Reduced -470 -470
91 Treasure Coast Financial Planning 0.12% of their portfolio VERO BEACH, FL 13,49313.5k $217.9k $217.9k 0.12% Unchanged
92 OPPENHEIMER & CO INC 0.00% of their portfolio NEW YORK, NY 12,57912.6k $203.2k $203.2k 0.00% Added +2.6k +2,579
93 Ciovacco Capital Management LLC 0.10% of their portfolio ATLANTA, GA 12,49612.5k $201.8k $201.8k 0.10% Reduced -22.5k -22,498
94 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 12,46512.5k $201.3k $201.3k 0.00% New
95 FSB PREMIER WEALTH MANAGEMENT, INC. 0.06% of their portfolio WATERLOO, IA 12,17312.2k $196.6k $196.6k 0.06% Added +1.1k +1,057
96 Hilltop Holdings Inc. 0.01% of their portfolio DALLAS, TX 11,03111.0k $178.2k $178.2k 0.01% New
97 RFG Advisory, LLC 0.00% of their portfolio BIRMINGHAM, AL 10,95811.0k $177.0k $177.0k 0.00% New
98 BlackDiamond Wealth Management, LLC 0.09% of their portfolio NEW YORK, NY 10,32910.3k $166.8k $166.8k 0.09% Reduced -623 -623
99 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 8,8518.9k $142.9k $142.9k 0.00% Added +2.4k +2,413
100 Ameritas Advisory Services, LLC 0.01% of their portfolio Lincoln, NE 6,0266.0k $97.3k $97.3k 0.01% Added +5.8k +5,817