Vault-13

FIRST TR EXCHANGE-TRADED ALP FYC

SML CP GRW ALP · ETP · CUSIP 33737M300

155 institutional holders +16 vs Q4 2025
6,583,1306.6m shares reported held*
$640.6mreported value*
31 new 68 added 27 reduced 12 sold out net bought ≈ $105.4m (+1.1m 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 ≈ $97.32.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 73Q4 22: 72Q1 23: 73Q2 23: 68Q3 23: 69Q4 23: 78Q1 24: 76Q2 24: 80Q3 24: 88Q4 24: 109Q1 25: 107Q2 25: 106Q3 25: 116Q4 25: 139Q1 26: 155155Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 202273
Q4 202272
Q1 202373
Q2 202368
Q3 202369
Q4 202378
Q1 202476
Q2 202480
Q3 202488
Q4 2024109
Q1 2025107
Q2 2025106
Q3 2025116
Q4 2025139
Q1 2026155

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 24: 35 bought or addedQ2 24: 31 cut or sold outQ3 24: 48 bought or addedQ3 24: 27 cut or sold outQ3 24Q4 24: 72 bought or addedQ4 24: 25 cut or sold outQ1 25: 56 bought or addedQ1 25: 50 cut or sold outQ1 25Q2 25: 44 bought or addedQ2 25: 56 cut or sold outQ3 25: 68 bought or addedQ3 25: 38 cut or sold outQ3 25Q4 25: 81 bought or addedQ4 25: 39 cut or sold outQ1 26: 99 bought or addedQ1 26: 39 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20243531
Q3 20244827
Q4 20247225
Q1 20255650
Q2 20254456
Q3 20256838
Q4 20258139
Q1 20269939

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ2 25 calls: $1.8mQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$1.8m$00.00
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—

Biggest buyers

LPL Financial LLC Added +176,654+176.7k
STIFEL FINANCIAL CORP Added +176,094+176.1k
RAYMOND JAMES FINANCIAL INC Added +106,077+106.1k
MORGAN STANLEY Added +101,255+101.3k
Integrity Advisory Solutions, LLC New +97,707+97.7k
UBS Group AG Added +90,358+90.4k
WELLS FARGO & COMPANY/MN Added +79,900+79.9k
TWO SIGMA INVESTMENTS, LP New +67,700+67.7k
Baird Financial Group, Inc. Added +54,755+54.8k
BANK OF AMERICA CORP /DE/ Added +42,752+42.8k

Biggest sellers

FIRST TRUST ADVISORS LP Sold out -216,354-216.4k
Redhawk Wealth Advisors, Inc. Sold out -48,569-48.6k
JANE STREET GROUP, LLC Reduced -28,541-28.5k
VISTA INVESTMENT PARTNERS II, LLC Reduced -21,410-21.4k
Private Advisory Group LLC Sold out -9,557-9.6k
Ferguson Shapiro LLC Sold out -9,411-9.4k
FOUNDERS FINANCIAL SECURITIES LLC Reduced -7,765-7.8k
NEW WAVE WEALTH ADVISORS LLC Reduced -6,891-6.9k
Independent Wealth Network Inc. Reduced -4,446-4.4k
US BANCORP \DE\ Reduced -4,399-4.4k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,360,2841.4m $131.9m $131.9m 0.04% Added +176.7k +176,654
2 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 544,962545.0k $52.9m $52.9m 0.02% Added +106.1k +106,077
3 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 443,572443.6k $43.0m $43.0m 0.01% Added +79.9k +79,900
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 394,547394.5k $38.3m $38.3m 0.00% Added +101.3k +101,255
5 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 289,684289.7k $28.1m $28.1m 0.03% Added +34.7k +34,676
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 244,266244.3k $23.7m $23.7m 0.00% Added +42.8k +42,752
7 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 196,613196.6k $19.1m $19.1m 0.02% Added +176.1k +176,094
8 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 185,425185.4k $18.0m $18.0m 0.00% Added +26.3k +26,330
9 UBS Group AG 0.00% of their portfolio ZURICH, V8 174,614174.6k $16.9m $16.9m 0.00% Added +90.4k +90,358
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 171,140171.1k $16.6m $16.6m 0.00% Added +7.2k +7,183
11 ECLECTIC ASSOCIATES INC /ADV 2.05% of their portfolio FULLERTON, CA 159,243159.2k $15.4m $15.4m 2.05% Added +5.3k +5,325
12 Richmond Investment Services, LLC 2.30% of their portfolio Mequon, WI 146,944146.9k $14.3m $14.3m 2.30% Added +3.9k +3,859
13 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 102,487102.5k $9.9m $9.9m 0.01% Added +9.3k +9,349
14 NEW WAVE WEALTH ADVISORS LLC 3.44% of their portfolio SPRINGDALE, AR 101,463101.5k $9.8m $9.8m 3.44% Reduced -6.9k -6,891
15 Concurrent Investment Advisors, LLC 0.11% of their portfolio Tampa, FL 100,379100.4k $9.7m $9.7m 0.11% Added +1.1k +1,098
16 Integrity Advisory Solutions, LLC 1.25% of their portfolio DALLAS, TX 97,70797.7k $9.5m $9.5m 1.25% New
17 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 92,51592.5k $9.0m $9.0m 0.01% Added +15.7k +15,746
18 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 91,30791.3k $8.9m $8.9m 0.02% Added +9.5k +9,464
19 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 87,73687.7k $8.5m $8.5m 0.02% Added +21.0k +21,033
20 IFP Advisors, Inc 0.17% of their portfolio TAMPA, FL 86,84686.8k $8.4m $8.4m 0.17% Reduced -2.0k -1,970
21 Bedel Financial Consulting, Inc. 0.86% of their portfolio INDIANAPOLIS, IN 77,17377.2k $7.5m $7.5m 0.86% Added +2.7k +2,731
22 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 72,91772.9k $7.1m $7.1m 0.01% Added +54.8k +54,755
23 TWO SIGMA INVESTMENTS, LP 0.01% of their portfolio NEW YORK, NY 67,70067.7k $6.6m $6.6m 0.01% New
24 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 60,86460.9k $5.9m $5.9m 0.00% Added +17.5k +17,535
25 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 57,51257.5k $5.5m $5.5m 0.04% Added +1.6k +1,636
26 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 53,08553.1k $5.1m $5.1m 0.01% Added +8.0k +8,048
27 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 51,18851.2k $4.8m $4.8m 0.00% Added +21.7k +21,665
28 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 49,50949.5k $4.8m $4.8m 0.04% Added +1.8k +1,773
29 Financial Management, Inc. 4.38% of their portfolio LITTLE ROCK, AR 48,05248.1k $4.7m $4.7m 4.38% Added +1.5k +1,541
30 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 46,09446.1k $4.5m $4.5m 0.01% Added +7.1k +7,121
31 Kingsview Wealth Management, LLC 0.06% of their portfolio GRANTS PASS, OR 43,46843.5k $4.2m $4.2m 0.06% Reduced -1.0k -1,042
32 GREENUP STREET WEALTH MANAGEMENT LLC 0.55% of their portfolio OVERLAND PARK, KS 40,52540.5k $3.9m $3.9m 0.55% Added +11 +11
33 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 37,32637.3k $3.6m $3.6m 0.02% Added +16.7k +16,686
34 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 35,89135.9k $3.5m $3.5m 0.02% Added +21.7k +21,670
35 Paller Financial Services Inc 2.55% of their portfolio CENTENNIAL, CO 31,79331.8k $3.1m $3.1m 2.55% Reduced -770 -770
36 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 27,46527.5k $2.7m $2.7m 0.00% New
37 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 27,07827.1k $2.6m $2.6m 0.01% Added +1.2k +1,155
38 HARBOUR INVESTMENTS, INC. 0.04% of their portfolio MADISON, WI 25,70225.7k $2.5m $2.5m 0.04% Added +4.7k +4,714
39 HFG Advisors, Inc. 1.58% of their portfolio CINCINATTI, OH 23,12823.1k $2.2m $2.2m 1.58% Added +297 +297
40 Proactive Wealth Strategies LLC 0.40% of their portfolio MARIETTA, GA 21,80921.8k $2.1m $2.1m 0.40% Added +10.9k +10,904
41 Geneos Wealth Management Inc. 0.05% of their portfolio ENGLEWOOD, CO 20,54920.5k $2.0m $2.0m 0.05% Added +6.1k +6,054
42 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 20,13120.1k $2.0m $2.0m 0.01% Added +2.4k +2,422
43 Certified Advisory Corp 0.17% of their portfolio ALTAMONTE SPRINGS, FL 19,63719.6k $1.9m $1.9m 0.17% Added +443 +443
44 Warner Group LLC 1.21% of their portfolio MADISON, CT 19,06919.1k $1.8m $1.8m 1.21% Added +7.4k +7,363
45 Ameritas Investment Partners, Inc. 0.06% of their portfolio LINCOLN, NE 18,61518.6k $1.8m $1.8m 0.06% Added +8.0k +8,025
46 Gateway Wealth Partners, LLC 0.07% of their portfolio APPLETON, WI 17,97218.0k $1.7m $1.7m 0.07% Added +9.2k +9,218
47 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 17,19917.2k $1.7m $1.7m 0.00% Added +3.6k +3,585
48 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 15,92215.9k $1.5m $1.5m 0.00% Reduced -4.4k -4,399
49 MTM Investment Management, LLC 0.48% of their portfolio SPARTANBURG, SC 15,75315.8k $1.5m $1.5m 0.48% Unchanged
50 Empirical Asset Management, LLC 0.39% of their portfolio WELLESLEY, MA 15,27615.3k $1.5m $1.5m 0.39% Reduced -1.4k -1,359
51 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 15,01915.0k $1.5m $1.5m 0.00% New
52 Brookwood Investment Group LLC 0.17% of their portfolio PHOENIX, AZ 13,88813.9k $1.3m $1.3m 0.17% Added +4.1k +4,100
53 MONECO ADVISORS, LLC 0.10% of their portfolio FAIRFIELD, CT 13,38513.4k $1.3m $1.3m 0.10% Reduced -318 -318
54 Quantum Portfolio Management LLC 0.55% of their portfolio NEW YORK, NY 13,12513.1k $1.3m $1.3m 0.55% Reduced -164 -164
55 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 12,71112.7k $1.2m $1.2m 0.00% New
56 Summit Financial, LLC 0.02% of their portfolio PARSIPPANY, NJ 12,57012.6k $1.2m $1.2m 0.02% New
57 MONEYWISE, INC. 0.51% of their portfolio FOREST, VA 11,99012.0k $1.2m $1.2m 0.51% Reduced -748 -748
58 Gladstone Institutional Advisory LLC 0.04% of their portfolio Bedminster, NJ 11,66511.7k $1.1m $1.1m 0.04% New
59 Western Wealth Management, LLC 0.04% of their portfolio GOLDEN, CO 11,49211.5k $1.1m $1.1m 0.04% Added +511 +511
60 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 10,73510.7k $1.0m $1.0m 0.01% New
61 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 10,37910.4k $1.0m $1.0m 0.01% Unchanged
62 FOUNDERS FINANCIAL SECURITIES LLC 0.06% of their portfolio TOWSON, MD 9,7959.8k $1.0m $1.0m 0.06% Reduced -7.8k -7,765
63 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 9,6749.7k $956.4k $956.4k 0.00% Added +6.9k +6,904
64 WILLNER & HELLER, LLC 0.67% of their portfolio ENCINO, CA 9,2179.2k $893.8k $893.8k 0.67% Added +1.1k +1,106
65 Strategic Equity Management 0.33% of their portfolio TUCSON, AZ 9,0279.0k $875.4k $875.4k 0.33% Reduced -347 -347
66 Sylvest Advisors, LLC 0.44% of their portfolio DALLAS, TX 8,5108.5k $825.3k $825.3k 0.44% Added +105 +105
67 Tower Research Capital LLC (TRC) 0.02% of their portfolio NEW YORK, NY 8,3798.4k $812.6k $812.6k 0.02% New
68 Betterment LLC 0.00% of their portfolio NEW YORK, NY 8,2268.2k $798.0k $798.0k 0.00% New
69 Index Technologies Group LLC 0.84% of their portfolio NEW YORK, NY 7,9688.0k $772.7k $772.7k 0.84% Reduced -107 -107
70 Clear Point Advisors Inc. 0.58% of their portfolio MELVILLE, NY 7,7537.8k $751.9k $751.9k 0.58% Added +231 +231
71 Ashton Thomas Private Wealth, LLC 0.02% of their portfolio SCOTTSDALE, AZ 7,6607.7k $742.9k $742.9k 0.02% Added +3.8k +3,763
72 Wedmont Private Capital 0.03% of their portfolio WEST CHESTER, PA 7,6247.6k $781.0k $781.0k 0.03% Unchanged
73 Dunhill Financial, LLC 0.16% of their portfolio LONDON, X0 7,0567.1k $684.3k $684.3k 0.16% Unchanged
74 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 6,7766.8k $657.1k $657.1k 0.01% Added +294 +294
75 Stratos Wealth Advisors, LLC 0.04% of their portfolio BEACHWOOD, OH 6,7666.8k $656.2k $656.2k 0.04% New
76 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 6,6056.6k $640.6k $640.6k 0.00% Reduced -28.5k -28,541
77 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 6,1476.1k $596.1k $596.1k 0.00% New
78 Independent Advisor Alliance 0.01% of their portfolio CHARLOTTE, NC 6,0776.1k $589.4k $589.4k 0.01% New
79 WORLD EQUITY GROUP, INC. 0.15% of their portfolio SCHAUMBURG, IL 5,9736.0k $579.3k $579.3k 0.15% Reduced -189 -189
80 RHODES INVESTMENT ADVISORS INC /ADV 0.46% of their portfolio FORT WORTH, TX 5,4955.5k $532.9k $532.9k 0.46% Added +1.9k +1,880
81 BENJAMIN EDWARDS INC 0.01% of their portfolio Clayton, MO 5,2345.2k $511.1k $511.1k 0.01% Added +744 +744
82 Independent Wealth Network Inc. 0.14% of their portfolio URBANDALE, IA 4,8964.9k $474.8k $474.8k 0.14% Reduced -4.4k -4,446
83 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 4,8164.8k $467.0k $467.0k 0.01% Reduced -104 -104
84 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 4,7334.7k $459.0k $459.0k 0.00% New
85 BARNES PETTEY FINANCIAL ADVISORS, LLC 0.20% of their portfolio CLARKSDALE, MS 4,6144.6k $447.5k $447.5k 0.20% Added +1.3k +1,297
86 VISTA INVESTMENT PARTNERS II, LLC 0.20% of their portfolio RICHMOND, IN 4,5514.6k $441.4k $441.4k 0.20% Reduced -21.4k -21,410
87 Belpointe Asset Management LLC 0.01% of their portfolio RENO, NV 4,0914.1k $396.7k $396.7k 0.01% Added +174 +174
88 LexAurum Advisors, LLC 0.05% of their portfolio OVERLAND PARK, KS 3,9874.0k $386.7k $386.7k 0.05% First filing
89 STEPHENS INC /AR/ 0.00% of their portfolio LITTLE ROCK, AR 3,9463.9k $382.6k $382.6k 0.00% Added +605 +605
90 Stonebridge Financial Group, LLC / MO 0.31% of their portfolio ST. LOUIS, MO 3,8403.8k $372.4k $372.4k 0.31% New
91 Waterfront Wealth Inc. 0.07% of their portfolio OVERLAND PARK, KS 3,7553.8k $364.2k $364.2k 0.07% Unchanged
92 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 3,7513.8k $363.8k $363.8k 0.00% Added +326 +326
93 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 3,5883.6k $348.0k $348.0k 0.00% Reduced -300 -300
94 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 3,5123.5k $341.0k $341.0k 0.00% Reduced -644 -644
95 TBH Global Asset Management, LLC 0.07% of their portfolio Brentwood, TN 3,4683.5k $335.9k $335.9k 0.07% New
96 Echo Wealth Management, LLC 0.19% of their portfolio PLYMOUTH, MN 3,4403.4k $333.6k $333.6k 0.19% Reduced -1.0k -1,049
97 PFG Advisors 0.02% of their portfolio Phoenix, AZ 3,3433.3k $324.2k $324.2k 0.02% Added +169 +169
98 Cornerstone Wealth Management, LLC 0.02% of their portfolio ST. PETERS, MO 3,2113.2k $311.4k $311.4k 0.02% Unchanged
99 PRIVATE TRUST CO NA 0.03% of their portfolio CLEVELAND, OH 3,1233.1k $302.9k $302.9k 0.03% Added +512 +512
100 Mariner, LLC 0.00% of their portfolio Overland Park, KS 3,0453.0k $295.3k $295.3k 0.00% Added +220 +220