Vault-13

FIRST TR EXCH TRD ALPHDX FD FJP

JAPAN ALPHADEX · ETP · CUSIP 33737J158

72 institutional holders -2 vs Q4 2023
4,286,7964.3m shares reported held*
$236.3mreported value*
7 new 36 added 27 reduced 8 sold out net bought ≈ $26.4m (+479.3k 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 ($69.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $55.12. Options: 0 managers hold calls (— notional), 1 hold puts ($0).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 22Q4 22: 24Q1 23: 27Q2 23: 40Q3 23: 68Q4 23: 74Q1 24: 7272Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 202222
Q4 202224
Q1 202327
Q2 202340
Q3 202368
Q4 202374
Q1 202472

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 14 bought or addedQ4 22: 11 cut or sold outQ4 22Q1 23: 11 bought or addedQ1 23: 13 cut or sold outQ1 23Q2 23: 31 bought or addedQ2 23: 9 cut or sold outQ2 23Q3 23: 52 bought or addedQ3 23: 10 cut or sold outQ3 23Q4 23: 45 bought or addedQ4 23: 28 cut or sold outQ4 23Q1 24: 43 bought or addedQ1 24: 35 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 20221411
Q1 20231113
Q2 2023319
Q3 20235210
Q4 20234528
Q1 20244335

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ2 23 calls: $0Q2 23 puts: $1.2mQ2 23P/C —Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $0Q1 24 puts: $0Q1 24P/C —
Numbers
QuarterCallsPutsP/C
Q2 2023$0$1.2m—
Q3 2023$0$0—
Q4 2023$0$0—
Q1 2024$0$0—

Biggest buyers

MORGAN STANLEY Added +615,708+615.7k
US BANCORP \DE\ Added +35,184+35.2k
Cetera Investment Advisers Added +16,102+16.1k
AVANTAX ADVISORY SERVICES, INC. Added +16,062+16.1k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +13,452+13.5k
ASSETMARK, INC Added +12,566+12.6k
HighTower Advisors, LLC Added +11,844+11.8k
LPL Financial LLC Added +8,874+8.9k
American Institute for Advanced Investment Management, LLP Added +6,020+6.0k
Stratos Wealth Partners, LTD. New +5,881+5.9k

Biggest sellers

FIRST TRUST ADVISORS LP Reduced -92,005-92.0k
OSAIC HOLDINGS, INC. Reduced -43,094-43.1k
CITADEL ADVISORS LLC Reduced -40,868-40.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -34,732-34.7k
Cambridge Investment Research Advisors, Inc. Reduced -26,313-26.3k
IFP Advisors, Inc Reduced -20,360-20.4k
Cetera Advisor Networks LLC Sold out -12,245-12.2k
Janney Montgomery Scott LLC Reduced -9,227-9.2k
Transamerica Financial Advisors, LLC Reduced -7,690-7.7k
ENVESTNET ASSET MANAGEMENT INC Reduced -7,221-7.2k

Biggest calls

None

Biggest puts

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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,405,4881.4m $77.5m $77.5m 0.00% Added +615.7k +615,708
2 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 721,568721.6k $39.8m $39.8m 0.04% Reduced -92.0k -92,005
3 CW Advisors, LLC 0.68% of their portfolio BOSTON, MA 716,958717.0k $39.5m $39.5m 0.68% Added +3.6k +3,650
4 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 207,897207.9k $11.5m $11.5m 0.00% Reduced -7.2k -7,221
5 Good Life Advisors, LLC 0.52% of their portfolio READING, PA 106,679106.7k $5.9m $5.9m 0.52% Reduced -371 -371
6 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 105,956106.0k $5.8m $5.8m 0.00% Added +8.9k +8,874
7 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 72,36072.4k $4.0m $4.0m 0.01% Added +13.5k +13,452
8 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 54,90654.9k $3.0m $3.0m 0.01% Added +16.1k +16,102
9 BENJAMIN F. EDWARDS & COMPANY, INC. 0.05% of their portfolio ST. LOUIS, MO 50,78650.8k $2.8m $2.8m 0.05% Reduced -157 -157
10 Holistic Financial Partners 1.42% of their portfolio INDIANAPOLIS, IN 50,62650.6k $2.8m $2.8m 1.42% Added +1.4k +1,397
11 Rathbones Group PLC 0.01% of their portfolio Liverpool, X0 46,37946.4k $2.6m $2.6m 0.01% Added +1.7k +1,673
12 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 44,85644.9k $2.5m $2.5m 0.01% Added +12.6k +12,566
13 Coppell Advisory Solutions Corp. 0.41% of their portfolio COPPELL, TX 39,82639.8k $2.2m $2.2m 0.41% First filing
14 Guild Investment Management, Inc. 2.57% of their portfolio WESTLAKE VILLAGE, CA 36,52036.5k $2.0m $2.0m 2.57% Added +5.8k +5,850
15 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 35,19335.2k $1.9m $1.9m 0.00% Added +35.2k +35,184
16 Transamerica Financial Advisors, LLC 0.19% of their portfolio CEDAR RAPIDS, IA 33,04133.0k $1.8m $1.8m 0.19% Reduced -7.7k -7,690
17 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 30,09630.1k $1.7m $1.7m 0.00% Reduced -1.1k -1,069
18 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 28,98729.0k $1.6m $1.6m 0.00% Added +11.8k +11,844
19 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 28,31528.3k $1.6m $1.6m 0.00% Added +3.6k +3,642
20 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 26,65426.7k $1.5m $1.5m 0.01% Added +16.1k +16,062
21 American Institute for Advanced Investment Management, LLP 1.07% of their portfolio Scottsdale, AZ 24,48524.5k $1.3m $1.3m 1.07% Added +6.0k +6,020
22 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 23,30523.3k $1.3m $1.3m 0.00% Added +1.7k +1,695
23 Csenge Advisory Group 0.07% of their portfolio CLEARWATER, FL 23,00823.0k $1.3m $1.3m 0.07% Added +1.6k +1,602
24 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 21,68621.7k $1.2m $1.2m 0.00% Reduced -26.3k -26,313
25 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 21,30021.3k $1.2m $1.2m 0.01% Reduced -5.4k -5,445
26 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 20,85020.9k $1.1m $1.1m 0.00% Added +619 +619
27 Snowden Capital Advisors LLC 0.03% of their portfolio New York, NY 16,60116.6k $915.2k $915.2k 0.03% Reduced -4.8k -4,808
28 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 16,52416.5k $911.0k $911.0k 0.00% Reduced -2.3k -2,315
29 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 15,96916.0k $880.3k $880.3k 0.00% Added +1.5k +1,515
30 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 15,88815.9k $875.9k $875.9k 0.00% Reduced -43.1k -43,094
31 RPg Family Wealth Advisory, LLC 0.24% of their portfolio BURLINGTON, MA 13,76313.8k $758.8k $758.8k 0.24% Reduced -1.1k -1,078
32 SignalPoint Asset Management, LLC 0.20% of their portfolio SPRINGFIELD, MO 13,45713.5k $743.8k $743.8k 0.20% Reduced -300 -300
33 Gateway Wealth Partners, LLC 0.25% of their portfolio APPLETON, WI 12,82812.8k $707.2k $707.2k 0.25% Added +1.3k +1,319
34 NewEdge Wealth, LLC 0.01% of their portfolio STAMFORD, CT 12,50312.5k $662.8k $662.8k 0.01% Added +13 +13
35 Hilltop Holdings Inc. 0.07% of their portfolio DALLAS, TX 12,20212.2k $672.7k $672.7k 0.07% Added +4.8k +4,814
36 IAMS WEALTH MANAGEMENT, LLC 0.39% of their portfolio OMAHA, NE 12,12112.1k $641.4k $641.4k 0.39% Added +897 +897
37 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 12,02412.0k $663.0k $663.0k 0.00% Reduced -9.2k -9,227
38 IFP Advisors, Inc 0.03% of their portfolio TAMPA, FL 11,00911.0k $606.9k $606.9k 0.03% Reduced -20.4k -20,360
39 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 10,63610.6k $586.3k $586.3k 0.01% Added +986 +986
40 Orion Portfolio Solutions, LLC 0.01% of their portfolio Omaha, NE 10,63610.6k $586.3k $586.3k 0.01% Added +986 +986
41 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 10,45310.5k $576.0k $576.0k 0.01% Reduced -9 -9
42 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 10,37510.4k $572.0k $572.0k 0.01% Added +1.3k +1,322
43 OneAscent Financial Services LLC 0.06% of their portfolio BIRMINGHAM, AL 9,6139.6k $530.0k $530.0k 0.06% Added +1.6k +1,572
44 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 8,8568.9k $488.2k $488.2k 0.00% Added +430 +430
45 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 6,7436.7k $371.7k $371.7k 0.00% Reduced -40.9k -40,868
46 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 5,9796.0k $329.6k $329.6k 0.00% Reduced -30 -30
47 StoneX Group Inc. 0.03% of their portfolio NEW YORK, NY 5,8965.9k $325.0k $325.0k 0.03% Added +307 +307
48 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 5,8815.9k $324.2k $324.2k 0.01% New
49 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 5,6735.7k $313.0k $313.0k 0.00% Added +74 +74
50 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 5,5755.6k $307.0k $307.0k 0.00% Added +366 +366
51 Mariner, LLC 0.00% of their portfolio Overland Park, KS 4,9715.0k $274.1k $274.1k 0.00% Reduced -47 -47
52 Patriot Financial Group Insurance Agency, LLC 0.04% of their portfolio Westborough, MA 4,7284.7k $260.7k $260.7k 0.04% New
53 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 4,6544.7k $256.6k $256.6k 0.00% Reduced -526 -526
54 Global Retirement Partners, LLC 0.01% of their portfolio San Rafael, CA 4,5954.6k $253.3k $253.3k 0.01% Reduced -26 -26
55 OLD MISSION CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 4,1974.2k $231.4k $231.4k 0.01% Reduced -2.8k -2,755
56 FSB PREMIER WEALTH MANAGEMENT, INC. 0.10% of their portfolio WATERLOO, IA 3,9544.0k $218.0k $218.0k 0.10% New
57 ABLE Financial Group, LLC 0.09% of their portfolio SCOTTSDALE, AZ 3,9544.0k $218.0k $218.0k 0.09% New
58 GeoWealth Management, LLC 0.01% of their portfolio CHICAGO, IL 3,8543.9k $212.5k $212.5k 0.01% New
59 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 3,2533.3k $179.4k $179.4k 0.01% Added +91 +91
60 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.01% of their portfolio BIRMINGHAM, AL 2,7272.7k $150.3k $150.3k 0.01% Added +182 +182
61 REAP Financial Group, LLC 0.04% of their portfolio AUSTIN, TX 2,7152.7k $149.7k $149.7k 0.04% Reduced -316 -316
62 TSFG, LLC 0.02% of their portfolio LAKE FOREST, IL 1,3961.4k $77.0k $77.0k 0.02% Reduced -79 -79
63 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 1,2521.3k $69.0k $69.0k 0.01% Reduced -25 -25
64 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 1,0031.0k $55.3k $55.3k 0.00% Added +415 +415
65 UBS Group AG 0.00% of their portfolio ZURICH, V8 749749 $41.3k $41.3k 0.00% Added +390 +390
66 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 375375 $21.0k $21.0k 0.00% Reduced -500 -500
67 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 231231 $12.7k $12.7k 0.00% Added +76 +76
68 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 176176 $10.0k $10.0k 0.00% Reduced -6 -6
69 COMERICA BANK 0.00% of their portfolio DALLAS, TX 139139 $7.7k $7.7k 0.00% Added +13 +13
70 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 105105 $5.8k $5.8k 0.00% New
71 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 7575 $4.1k $4.1k 0.00% New
72 Retirement Group, LLC 0.00% of their portfolio SAN DIEGO, CA 1515 $827 $827 0.00% Unchanged