Vault-13

FIRST TR EXCHANGE-TRADED FD GRID

NASDQ CLN EDGE · ETP · CUSIP 33737A108

465 institutional holders +100 vs Q3 2025
21,224,84821.2m shares reported held*
$3.2bnreported value*
100 new 240 added 58 reduced 14 sold out net bought ≈ $906.8m (+5.9m 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 ($436.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $153.02. Options: 3 managers hold calls ($1.0m notional), 1 hold puts ($168.3k).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 147Q4 22: 149Q1 23: 157Q2 23: 174Q3 23: 180Q4 23: 184Q1 24: 190Q2 24: 238Q3 24: 267Q4 24: 294Q1 25: 298Q2 25: 316Q3 25: 365Q4 25: 465465Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022147
Q4 2022149
Q1 2023157
Q2 2023174
Q3 2023180
Q4 2023184
Q1 2024190
Q2 2024238
Q3 2024267
Q4 2024294
Q1 2025298
Q2 2025316
Q3 2025365
Q4 2025465

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 94 bought or addedQ1 24: 73 cut or sold outQ2 24: 149 bought or addedQ2 24: 57 cut or sold outQ2 24Q3 24: 156 bought or addedQ3 24: 86 cut or sold outQ4 24: 194 bought or addedQ4 24: 74 cut or sold outQ4 24Q1 25: 172 bought or addedQ1 25: 106 cut or sold outQ2 25: 181 bought or addedQ2 25: 112 cut or sold outQ2 25Q3 25: 261 bought or addedQ3 25: 76 cut or sold outQ4 25: 340 bought or addedQ4 25: 72 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20249473
Q2 202414957
Q3 202415686
Q4 202419474
Q1 2025172106
Q2 2025181112
Q3 202526176
Q4 202534072

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ1 25 calls: $45.3kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $583.9kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $1.4mQ3 25 puts: $891.4kQ3 25P/C 0.64Q4 25 calls: $1.0mQ4 25 puts: $168.3kQ4 25P/C 0.17
Numbers
QuarterCallsPutsP/C
Q1 2025$45.3k$00.00
Q2 2025$583.9k$00.00
Q3 2025$1.4m$891.4k0.64
Q4 2025$1.0m$168.3k0.17

Biggest buyers

MORGAN STANLEY Added +691,924+691.9k
LPL Financial LLC Added +503,963+504.0k
Harel Insurance Investments & Financial Services Ltd. Added +490,000+490.0k
BANK OF AMERICA CORP /DE/ Added +332,947+332.9k
WELLS FARGO & COMPANY/MN Added +307,664+307.7k
UBS Group AG Added +298,762+298.8k
Perigon Wealth Management, LLC Added +243,903+243.9k
RAYMOND JAMES FINANCIAL INC Added +219,977+220.0k
HighTower Advisors, LLC Added +184,755+184.8k
EDMOND DE ROTHSCHILD HOLDING S.A. New +112,933+112.9k

Biggest sellers

Nan Shan Life Insurance Co., Ltd. Sold out -77,768-77.8k
Strive Asset Management, LLC Sold out -48,573-48.6k
Strategic Blueprint, LLC Reduced -19,596-19.6k
JPMORGAN CHASE & CO Reduced -18,558-18.6k
WORLD EQUITY GROUP, INC. Reduced -13,989-14.0k
Sanctuary Advisors, LLC Reduced -12,954-13.0k
RENAISSANCE TECHNOLOGIES LLC Sold out -10,100-10.1k
Bison Wealth, LLC Sold out -7,005-7.0k
D. E. Shaw & Co., Inc. Reduced -6,815-6.8k
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors Reduced -6,726-6.7k

Biggest calls

CITADEL ADVISORS LLC Reduced $811.0k5.3k shares
Belvedere Trading LLC Reduced $168.3k1.1k shares
SIMPLEX TRADING, LLC Unchanged $30.6k200 shares

Biggest puts

Belvedere Trading LLC Added $168.3k1.1k 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 0.03% of their portfolio NEW YORK, NY 2,948,9762.9m $451.3m $451.3m 0.03% Added +691.9k +691,924
2 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 1,780,7581.8m $272.5m $272.5m 0.02% Added +332.9k +332,947
3 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 1,699,8021.7m $260.1m $260.1m 0.07% Added +504.0k +503,963
4 Harel Insurance Investments & Financial Services Ltd. 2.02% of their portfolio Ramat Gan, L3 1,527,0001.5m $233.7m $233.7m 2.02% Added +490.0k +490,000
5 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,267,8331.3m $194.0m $194.0m 0.04% Added +298.8k +298,762
6 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,023,8881.0m $156.7m $156.7m 0.03% Added +307.7k +307,664
7 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 708,774708.8k $108.5m $108.5m 0.03% Added +220.0k +219,977
8 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 540,841540.8k $82.7m $82.7m 0.02% Added +91.0k +90,961
9 TRAPHAGEN INVESTMENT ADVISORS LLC 4.49% of their portfolio ORADELL, NJ 356,517356.5k $54.6m $54.6m 4.49% Added +5.9k +5,902
10 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 308,378308.4k $47.2m $47.2m 0.05% Added +184.8k +184,755
11 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 272,189272.2k $41.6m $41.6m 0.01% Added +88.4k +88,431
12 FIL Ltd 0.03% of their portfolio HAMILTON, D0 266,823266.8k $41.0m $41.0m 0.03% Added +67.1k +67,135
13 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 266,437266.4k $40.8m $40.8m 0.05% Added +65.4k +65,431
14 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 261,365261.4k $40.0m $40.0m 0.04% Added +28.5k +28,463
15 Perigon Wealth Management, LLC 0.67% of their portfolio SAN FRANCISCO, CA 245,918245.9k $37.6m $37.6m 0.67% Added +243.9k +243,903
16 Arlington Financial Advisors, LLC 5.09% of their portfolio SANTA BARBARA, CA 232,020232.0k $35.5m $35.5m 5.09% Reduced -98 -98
17 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 218,093218.1k $33.4m $33.4m 0.04% Added +78.2k +78,168
18 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 213,571213.6k $32.7m $32.7m 0.09% Added +103.9k +103,945
19 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 199,876199.9k $30.6m $30.6m 0.04% Added +74.0k +73,975
20 Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 4.20% of their portfolio Tel Aviv, L3 198,000198.0k $30.3m $30.3m 4.20% Added +65.0k +65,000
21 MEITAV INVESTMENT HOUSE LTD 0.35% of their portfolio BENE-BERAQ, L3 197,215197.2k $30.2m $30.2m 0.35% Added +55 +55
22 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 186,665186.7k $28.6m $28.6m 0.01% Added +76.5k +76,498
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 159,264159.3k $24.4m $24.4m 0.02% Added +57.1k +57,098
24 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 136,394136.4k $20.9m $20.9m 0.04% Added +7.3k +7,320
25 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 133,570133.6k $20.4m $20.4m 0.01% Added +59.3k +59,261
26 Kestra Advisory Services, LLC 0.08% of their portfolio AUSTIN, TX 123,693123.7k $18.9m $18.9m 0.08% Added +2.4k +2,397
27 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 123,250123.2k $18.9m $18.9m 0.05% Added +28.6k +28,618
28 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 118,191118.2k $18.1m $18.1m 0.01% Added +12.1k +12,112
29 EDMOND DE ROTHSCHILD HOLDING S.A. 0.25% of their portfolio CHAMBESY, V8 112,933112.9k $17.3m $17.3m 0.25% New
30 Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD 1.11% of their portfolio Tel Aviv, L3 111,625111.6k $17.1m $17.1m 1.11% Unchanged
31 Aprio Wealth Management, LLC 0.96% of their portfolio ATLANTA, GA 109,076109.1k $16.7m $16.7m 0.96% Added +3.2k +3,193
32 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 104,069104.1k $15.9m $15.9m 0.04% Added +48.2k +48,229
33 PRUDENTIAL PLC 0.13% of their portfolio LONDON, X0 102,800102.8k $15.7m $15.7m 0.13% Added +101.4k +101,400
34 BANK HAPOALIM BM 1.35% of their portfolio TEL AVIV, L3 101,500101.5k $15.5m $15.5m 1.35% Unchanged
35 CacheTech Inc. 2.84% of their portfolio LOGAN, UT 100,063100.1k $15.3m $15.3m 2.84% New
36 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 100,000100.0k $15.3m $15.3m 0.02% Added +64.3k +64,338
37 Adams Wealth Management 3.11% of their portfolio LOGAN, UT 95,27395.3k $14.6m $14.6m 3.11% New
38 Presidio Capital Management, LLC 4.36% of their portfolio SAN DIEGO, CA 94,91494.9k $14.5m $14.5m 4.36% Reduced -856 -856
39 Legacy Edge Advisors, LLC 1.58% of their portfolio SYOSSET, NY 94,29294.3k $14.4m $14.4m 1.58% Added +7.1k +7,083
40 First Heartland Consultants, Inc. 1.08% of their portfolio LAKE ST. LOUIS, MO 93,39993.4k $14.3m $14.3m 1.08% Added +4.7k +4,666
41 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 81,84781.8k $12.5m $12.5m 0.06% Added +27.9k +27,931
42 Snowden Capital Advisors LLC 0.28% of their portfolio New York, NY 70,73170.7k $10.8m $10.8m 0.28% Added +4.5k +4,457
43 BFI Infinity Ltd. 6.66% of their portfolio ZURICH, V8 69,90869.9k $10.7m $10.7m 6.66% New
44 Rathbones Group PLC 0.02% of their portfolio Liverpool, X0 68,76868.8k $10.5m $10.5m 0.02% Added +50.6k +50,631
45 Black Swift Group, LLC 1.56% of their portfolio BOULDER, CO 61,33961.3k $9.4m $9.4m 1.56% Added +2.3k +2,314
46 Equitable Holdings, Inc. 0.06% of their portfolio NEW YORK, NY 60,85860.9k $9.3m $9.3m 0.06% Added +13.3k +13,300
47 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 60,64660.6k $9.3m $9.3m 0.01% Added +30.5k +30,484
48 Modern Wealth Management, LLC 0.17% of their portfolio KANSAS CITY, MO 60,59760.6k $9.3m $9.3m 0.17% Added +1.6k +1,570
49 Fiduciary Alliance LLC 0.55% of their portfolio GREENVILLE, SC 55,09255.1k $8.4m $8.4m 0.55% Added +4.6k +4,639
50 WESPAC Advisors SoCal, LLC 1.62% of their portfolio Pasadena, CA 52,58852.6k $8.0m $8.0m 1.62% Added +32.4k +32,351
51 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 52,08852.1k $8.0m $8.0m 0.03% Added +48.0k +48,050
52 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 50,92450.9k $7.8m $7.8m 0.01% Added +30.2k +30,216
53 Alaska Permanent Capital Management, LLC 0.59% of their portfolio ANCHORAGE, AK 50,90150.9k $7.8m $7.8m 0.59% Reduced -787 -787
54 THRYVE WEALTH MANAGEMENT LLC 3.85% of their portfolio IRVING, TX 50,89150.9k $7.8m $7.8m 3.85% First filing
55 D.A. DAVIDSON & CO. 0.05% of their portfolio GREAT FALLS, MT 50,09050.1k $7.7m $7.7m 0.05% Added +35.1k +35,081
56 PECAUT & CO. 2.43% of their portfolio SIOUX CITY, IA 49,23149.2k $7.5m $7.5m 2.43% Reduced -21 -21
57 Richard P Slaughter Associates Inc 1.58% of their portfolio AUSTIN, TX 49,21249.2k $7.5m $7.5m 1.58% Added +1.2k +1,191
58 Crumly & Associates Inc. 1.58% of their portfolio SPRINGFIELD, IL 49,13949.1k $7.5m $7.5m 1.58% New
59 PFG Investments, LLC 0.35% of their portfolio WOODBURY, NY 48,33448.3k $7.4m $7.4m 0.35% Added +5.5k +5,549
60 Wealthcare Advisory Partners LLC 0.14% of their portfolio WEST CHESTER, PA 48,06248.1k $7.4m $7.4m 0.14% Added +3.1k +3,139
61 Ameliora Wealth Management Ltd. 2.10% of their portfolio ZURICH, V8 44,98845.0k $6.9m $6.9m 2.10% Added +4.5k +4,519
62 Avestar Capital, LLC 0.47% of their portfolio New York, NY 44,64044.6k $6.8m $6.8m 0.47% Added +4.7k +4,692
63 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 42,87042.9k $6.6m $6.6m 0.01% Added +26.4k +26,377
64 PARK AVENUE SECURITIES LLC 0.05% of their portfolio NEW YORK, NY 42,32942.3k $6.5m $6.5m 0.05% Added +8.7k +8,671
65 Bogart Wealth, LLC 0.25% of their portfolio MCLEAN, VA 41,30741.3k $6.3m $6.3m 0.25% Added +13.2k +13,219
66 MANCHESTER FINANCIAL INC 1.15% of their portfolio Westlake Village, CA 40,20840.2k $6.2m $6.2m 1.15% Reduced -1.4k -1,375
67 OLD MISSION CAPITAL LLC 0.23% of their portfolio CHICAGO, IL 38,33038.3k $5.9m $5.9m 0.23% New
68 Kingsview Wealth Management, LLC 0.08% of their portfolio GRANTS PASS, OR 38,02538.0k $5.8m $5.8m 0.08% Added +21.2k +21,152
69 Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD 1.14% of their portfolio Tel Aviv, L3 37,97638.0k $5.8m $5.8m 1.14% Unchanged
70 OPPENHEIMER & CO INC 0.08% of their portfolio NEW YORK, NY 37,91437.9k $5.8m $5.8m 0.08% Reduced -5.7k -5,665
71 WCG Wealth Advisors LLC 0.16% of their portfolio LAS VEGAS, NV 36,61236.6k $5.6m $5.6m 0.16% New
72 WealthBridge Capital Management, LLC 1.26% of their portfolio WESTERVILLE, OH 36,15736.2k $5.5m $5.5m 1.26% Added +3.8k +3,816
73 SKY-MOUNTAIN CAPITAL MANAGEMENT, INC. 3.72% of their portfolio KETCHUM, ID 34,78534.8k $5.6m $5.6m 3.72% Reduced -1.5k -1,494
74 Owen LaRue, LLC 1.99% of their portfolio ELIZABETHTOWN, KY 34,16834.2k $5.2m $5.2m 1.99% Reduced -5.7k -5,669
75 PCG Wealth Advisors, LLC 1.47% of their portfolio OVERLAND PARK, KS 34,01534.0k $5.2m $5.2m 1.47% Added +4.2k +4,238
76 Ferguson Shapiro LLC 1.60% of their portfolio DECATUR, GA 33,96834.0k $5.2m $5.2m 1.60% New
77 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 33,95634.0k $5.2m $5.2m 0.01% Added +4.9k +4,864
78 Concurrent Investment Advisors, LLC 0.06% of their portfolio Tampa, FL 33,94833.9k $5.2m $5.2m 0.06% Added +20.2k +20,236
79 VAN ECK ASSOCIATES CORP 0.00% of their portfolio NEW YORK, NY 33,76333.8k $5.2m $5.2m 0.00% New
80 ALTFEST L J & CO INC 0.55% of their portfolio NEW YORK, NY 33,09033.1k $5.1m $5.1m 0.55% Added +783 +783
81 MAI Capital Management 0.03% of their portfolio INDEPENDENCE, OH 32,64432.6k $5.0m $5.0m 0.03% Added +32.6k +32,554
82 KICKSTAND VENTURES, LLC. 1.04% of their portfolio PITTSFORD, NY 32,12432.1k $4.9m $4.9m 1.04% Added +3.8k +3,766
83 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 31,01831.0k $4.7m $4.7m 0.02% Added +15.9k +15,860
84 HARBOUR INVESTMENTS, INC. 0.10% of their portfolio MADISON, WI 30,64130.6k $4.7m $4.7m 0.10% Added +12.0k +12,022
85 Gaddis Premier Wealth Advisors LLC 3.50% of their portfolio DURANT, OK 30,11830.1k $4.6m $4.6m 3.50% First filing
86 TCFG WEALTH MANAGEMENT, LLC 1.76% of their portfolio LAGUNA NIGUEL, CA 29,45729.5k $4.5m $4.5m 1.76% Added +518 +518
87 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 29,40329.4k $4.5m $4.5m 0.02% Reduced -13.0k -12,954
88 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 29,20029.2k $4.5m $4.5m 0.00% Reduced -18.6k -18,558
89 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 28,59128.6k $4.4m $4.4m 0.05% Added +26.9k +26,889
90 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 27,13427.1k $4.2m $4.2m 0.01% New
91 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 27,08427.1k $4.1m $4.1m 0.02% Added +6.5k +6,464
92 Oxford Wealth Group, LLC 1.98% of their portfolio ORLANDO, FL 26,66426.7k $4.1m $4.1m 1.98% First filing
93 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 26,60426.6k $4.1m $4.1m 0.02% Added +2.7k +2,732
94 Eagle Strategies LLC 0.52% of their portfolio NEW YORK, NY 26,37426.4k $4.0m $4.0m 0.52% Added +1.4k +1,449
95 Trivium Point Advisory, LLC 0.40% of their portfolio WILTON, CT 25,88625.9k $4.0m $4.0m 0.40% Reduced -1.4k -1,448
96 KINGSWOOD WEALTH ADVISORS, LLC 0.19% of their portfolio SAN DIEGO, CA 25,80025.8k $3.9m $3.9m 0.19% Added +920 +920
97 BENJAMIN EDWARDS INC 0.04% of their portfolio Clayton, MO 25,15625.2k $3.9m $3.9m 0.04% Reduced -2.8k -2,807
98 Point72 Asset Management, L.P. 0.01% of their portfolio STAMFORD, CT 24,70024.7k $3.8m $3.8m 0.01% New
99 Prime Capital Investment Advisors, LLC 0.05% of their portfolio OVERLAND PARK, KS 24,55324.6k $3.8m $3.8m 0.05% Added +6.1k +6,065
100 Redhawk Wealth Advisors, Inc. 0.42% of their portfolio MINNEAPOLIS, MN 24,21424.2k $3.7m $3.7m 0.42% Added +5.4k +5,410