FIRST TR EXCHANGE-TRADED ALP FYC
SML CP GRW ALP · ETP · CUSIP 33737M300
78
institutional holders
+9 vs Q3 2023
2.5m
shares reported held*
$158.8mreported value*
8 new
21 added
29 reduced
5 sold out
net sold ≈ $15.2m (-241.7k 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 ≈ $62.92. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q4 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 73 |
| Q4 2022 | 72 |
| Q1 2023 | 73 |
| Q2 2023 | 68 |
| Q3 2023 | 69 |
| Q4 2023 | 78 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 32 | 34 |
| Q1 2023 | 30 | 34 |
| Q2 2023 | 20 | 40 |
| Q3 2023 | 31 | 29 |
| Q4 2023 | 29 | 34 |
Biggest buyers
| MORGAN STANLEY | Added | +172.4k |
| LPL Financial LLC | Added | +70.9k |
| WELLS FARGO & COMPANY/MN | Added | +22.4k |
| Kingsview Wealth Management, LLC | Added | +15.7k |
| BENJAMIN F. EDWARDS & COMPANY, INC. | Added | +15.6k |
| MILLENNIUM MANAGEMENT LLC | New | +15.0k |
| STIFEL FINANCIAL CORP | Added | +14.5k |
| J Arnold Wealth Management Co | Added | +10.7k |
| Cetera Advisor Networks LLC | Added | +10.6k |
| IFP Advisors, Inc | Added | +10.5k |
Biggest sellers
| FIRST TRUST ADVISORS LP | Sold out | -444.8k |
| IAG Wealth Partners, LLC | Reduced | -39.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -20.3k |
| Dunhill Financial, LLC | Reduced | -18.7k |
| PNC Financial Services Group, Inc. | Reduced | -14.8k |
| OSAIC HOLDINGS, INC. | Reduced | -14.2k |
| FLOW TRADERS U.S. LLC | Sold out | -13.6k |
| Tower Research Capital LLC (TRC) | Sold out | -13.6k |
| AVANTAX ADVISORY SERVICES, INC. | Sold out | -8.1k |
| MONECO ADVISORS, LLC | Reduced | -7.5k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
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, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| LPL Financial LLC 0.02% of their portfolio | 457.9k $28.8m | Added +70.9k |
| MORGAN STANLEY 0.00% of their portfolio | 331.3k $20.8m | Added +172.4k |
| J Arnold Wealth Management Co 4.47% of their portfolio | 208.9k $13.1m | Added +10.7k |
| Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio | 147.9k $9.3m | Added +2.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 140.7k $8.9m | Reduced -2.9k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 128.6k $8.1m | Reduced -2.0k |
| IFP Advisors, Inc 0.36% of their portfolio | 119.7k $7.5m | Added +10.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 88.5k $5.6m | Added +22.4k |
| Concurrent Investment Advisors, LLC 0.25% of their portfolio | 82.9k $5.2m | First filing |
| Kingsview Wealth Management, LLC 0.11% of their portfolio | 56.7k $3.6m | Added +15.7k |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 53.1k $3.3m | Reduced -1.7k |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.07% of their portfolio | 53.0k $3.3m | Added +15.6k |
| MONEYWISE, INC. 1.84% of their portfolio | 51.0k $3.2m | Reduced -4.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 50.8k $3.2m | Reduced -7.3k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 48.6k $3.1m | Reduced -14.8k |
| Bedel Financial Consulting, Inc. 0.52% of their portfolio | 45.1k $2.8m | Reduced -218 |
| Equitable Holdings, Inc. 0.03% of their portfolio | 37.8k $2.4m | Added +1.1k |
| MONECO ADVISORS, LLC 0.44% of their portfolio | 36.7k $2.3m | Reduced -7.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 32.1k $2.0m | Reduced -14.2k |
| UBS Group AG 0.00% of their portfolio | 31.9k $2.0m | Reduced -4.6k |
| Cetera Advisor Networks LLC 0.01% of their portfolio | 25.7k $1.6m | Added +10.6k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 25.3k $1.6m | Added +14.5k |
| US BANCORP \DE\ 0.00% of their portfolio | 19.8k $1.2m | Added +1.2k |
| MTM Investment Management, LLC 0.53% of their portfolio | 18.4k $1.2m | Reduced -767 |
| Steward Partners Investment Advisory, LLC 0.02% of their portfolio | 18.3k $1.2m | Reduced -490 |
| HFG Advisors, Inc. 1.11% of their portfolio | 18.3k $1.1m | Added +314 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 17.4k $1.1m | Added +2.3k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 15.0k $942.7k | New |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 14.7k $928.0k | Reduced -3.9k |
| WILLNER & HELLER, LLC 0.61% of their portfolio | 8.7k $550.5k | First filing |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 8.7k $544.0k | Reduced -2.4k |
| Dunhill Financial, LLC 0.47% of their portfolio | 8.4k $529.2k | Reduced -18.7k |
| Clear Point Advisors Inc. 0.47% of their portfolio | 8.4k $526.8k | First filing |
| Geneos Wealth Management Inc. 0.03% of their portfolio | 8.3k $521.4k | Added +1.6k |
| Clearwater Capital Advisors, LLC 0.06% of their portfolio | 8.1k $509.5k | Unchanged |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 6.5k $409.0k | Reduced -738 |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 6.4k $404.0k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 5.5k $348.3k | Reduced -20.3k |
| Independent Wealth Network Inc. 0.18% of their portfolio | 5.5k $344.4k | Reduced -1.4k |
| Strid Group, LLC 0.07% of their portfolio | 5.4k $338.3k | Reduced -928 |
| Prospera Financial Services Inc 0.01% of their portfolio | 4.8k $305.2k | New |
| IHT Wealth Management, LLC 0.01% of their portfolio | 4.7k $295.7k | Reduced -1.3k |
| Atria Wealth Solutions, Inc. 0.00% of their portfolio | 4.6k $291.4k | Unchanged |
| Pinnacle Bancorp, Inc. 0.09% of their portfolio | 4.4k $279.3k | Unchanged |
| Quantum Private Wealth, LLC 0.11% of their portfolio | 4.2k $261.6k | Reduced -47 |
| Arkadios Wealth Advisors 0.02% of their portfolio | 4.0k $253.1k | New |
| Financial Advocates Investment Management 0.02% of their portfolio | 3.9k $245.2k | Reduced -107 |
| Tidemark, LLC 0.15% of their portfolio | 3.7k $234.8k | First filing |
| Cornerstone Wealth Management, LLC 0.02% of their portfolio | 3.6k $225.2k | Added +1 |
| Cetera Advisors LLC 0.00% of their portfolio | 3.4k $215.4k | New |
| Baird Financial Group, Inc. 0.00% of their portfolio | 3.4k $213.9k | New |
| WEALTH EFFECTS LLC 0.08% of their portfolio | 3.3k $207.8k | New |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 3.3k $207.6k | New |
| HARBOUR INVESTMENTS, INC. 0.01% of their portfolio | 3.0k $188.8k | Added +386 |
| Wagner Wealth Management, LLC 0.06% of their portfolio | 2.9k $183.8k | Reduced -387 |
| Founders Financial Alliance, LLC 0.05% of their portfolio | 2.1k $129.9k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 1.2k $74.0k | Added +216 |
| IAG Wealth Partners, LLC 0.02% of their portfolio | 1.1k $66.6k | Reduced -39.4k |
| Key Financial Inc 0.02% of their portfolio | 1.0k $65.2k | Unchanged |
| CHESAPEAKE ASSET MANAGEMENT LLC 0.05% of their portfolio | 827 $52.0k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 785 $46.9k | Reduced -145 |
| COMERICA BANK 0.00% of their portfolio | 718 $45.2k | Reduced -2 |
| FMR LLC 0.00% of their portfolio | 471 $29.6k | Reduced -4 |
| PSI Advisors, LLC 0.01% of their portfolio | 306 $19.2k | Added +30 |
| PRINCIPAL SECURITIES, INC. 0.00% of their portfolio | 271 $17.1k | First filing |
| LANARK FINANCIAL, INC. 0.00% of their portfolio | 250 $15.0k | Unchanged |
| Northwest Financial Advisors 0.01% of their portfolio | 241 $15.2k | First filing |
| NewEdge Advisors, LLC 0.00% of their portfolio | 220 $13.8k | Added +7 |
| CITY HOLDING CO 0.00% of their portfolio | 211 $13.3k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 128 $7.7k | Added +1 |
| Transamerica Financial Advisors, LLC 0.00% of their portfolio | 96 $7.0k | Reduced -2 |
| FARMERS & MERCHANTS INVESTMENTS INC 0.00% of their portfolio | 76 $4.8k | New |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 70 $4.4k | Reduced -742 |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 68 $4.3k | Unchanged |
| Transcendent Capital Group LLC 0.00% of their portfolio | 25 $1.6k | First filing |
| SIGNATUREFD, LLC 0.00% of their portfolio | 12 $755 | Unchanged |
| VitalStone Financial, LLC 0.00% of their portfolio | 7 $0 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |