Vault-13

FIRST TR EXCHANGE-TRADED ALP FYT

SML CAP VAL ALPH · ETP · CUSIP 33737M409

66 institutional holders -4 vs Q1 2025
1,684,4521.7m shares reported held*
$85.0mreported value*
6 new 16 added 24 reduced 11 sold out net sold ≈ $11.6m (-229.9k 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 ≈ $50.48. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 68Q4 22: 63Q1 23: 67Q2 23: 58Q3 23: 60Q4 23: 69Q1 24: 73Q2 24: 70Q3 24: 75Q4 24: 74Q1 25: 70Q2 25: 6666Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202268
Q4 202263
Q1 202367
Q2 202358
Q3 202360
Q4 202369
Q1 202473
Q2 202470
Q3 202475
Q4 202474
Q1 202570
Q2 202566

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 16 bought or addedQ3 23: 32 cut or sold outQ4 23: 29 bought or addedQ4 23: 24 cut or sold outQ4 23Q1 24: 33 bought or addedQ1 24: 23 cut or sold outQ2 24: 23 bought or addedQ2 24: 32 cut or sold outQ2 24Q3 24: 26 bought or addedQ3 24: 31 cut or sold outQ4 24: 32 bought or addedQ4 24: 28 cut or sold outQ4 24Q1 25: 18 bought or addedQ1 25: 39 cut or sold outQ2 25: 22 bought or addedQ2 25: 35 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231632
Q4 20232924
Q1 20243323
Q2 20242332
Q3 20242631
Q4 20243228
Q1 20251839
Q2 20252235

Biggest buyers

ROYAL BANK OF CANADA Added +124,909+124.9k
CITADEL ADVISORS LLC Added +30,465+30.5k
WELLS FARGO & COMPANY/MN Added +18,687+18.7k
Cetera Investment Advisers Added +9,923+9.9k
JANE STREET GROUP, LLC New +5,170+5.2k
Cambridge Investment Research Advisors, Inc. Added +4,564+4.6k
Kestra Advisory Services, LLC Added +4,409+4.4k
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC Added +3,154+3.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +2,610+2.6k
JONES FINANCIAL COMPANIES LLLP Added +2,063+2.1k

Biggest sellers

Blueprint Investment Partners LLC Reduced -141,549-141.5k
RAYMOND JAMES FINANCIAL INC Reduced -44,312-44.3k
Tower Research Capital LLC (TRC) Reduced -33,682-33.7k
TWO SIGMA INVESTMENTS, LP Sold out -33,300-33.3k
LPL Financial LLC Reduced -24,521-24.5k
DAYMARK WEALTH PARTNERS, LLC Sold out -20,914-20.9k
JPMORGAN CHASE & CO Reduced -20,252-20.3k
MORGAN STANLEY Reduced -18,479-18.5k
BENJAMIN EDWARDS INC Sold out -13,970-14.0k
UBS Group AG Reduced -9,987-10.0k

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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 232,084232.1k $11.7m $11.7m 0.00% Added +124.9k +124,909
2 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 196,208196.2k $9.9m $9.9m 0.00% Reduced -24.5k -24,521
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 184,620184.6k $9.3m $9.3m 0.00% Added +18.7k +18,687
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 157,369157.4k $7.9m $7.9m 0.00% Reduced -18.5k -18,479
5 Blueprint Investment Partners LLC 1.09% of their portfolio GREENSBORO, NC 122,035122.0k $6.2m $6.2m 1.09% Reduced -141.5k -141,549
6 Kingsview Wealth Management, LLC 0.08% of their portfolio GRANTS PASS, OR 93,74993.7k $4.7m $4.7m 0.08% Reduced -1.3k -1,307
7 Proactive Wealth Strategies LLC 1.65% of their portfolio MARIETTA, GA 69,38169.4k $3.5m $3.5m 1.65% Reduced -2.4k -2,350
8 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 53,48553.5k $2.7m $2.7m 0.00% Reduced -44.3k -44,312
9 UBS Group AG 0.00% of their portfolio ZURICH, V8 47,04547.0k $2.4m $2.4m 0.00% Reduced -10.0k -9,987
10 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 44,79344.8k $2.3m $2.3m 0.00% Reduced -4.2k -4,169
11 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 43,01743.0k $2.2m $2.2m 0.00% Reduced -5.2k -5,243
12 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 37,87137.9k $1.9m $1.9m 0.00% Added +2.6k +2,610
13 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 36,37536.4k $1.8m $1.8m 0.00% Added +30.5k +30,465
14 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 34,06934.1k $1.7m $1.7m 0.01% Added +4.4k +4,409
15 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 33,66133.7k $1.7m $1.7m 0.00% Added +9.9k +9,923
16 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 32,09332.1k $1.6m $1.6m 0.00% Reduced -2.5k -2,526
17 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 29,97630.0k $1.5m $1.5m 0.00% Added +1.5k +1,543
18 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 17,52017.5k $884.0k $884.0k 0.00% Added +4.6k +4,564
19 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 16,27916.3k $821.4k $821.4k 0.00% Added +10 +10
20 Pinnacle Bancorp, Inc. 0.21% of their portfolio BEATRICE, NE 13,41313.4k $676.4k $676.4k 0.21% Unchanged
21 Belpointe Asset Management LLC 0.03% of their portfolio RENO, NV 13,39613.4k $675.6k $675.6k 0.03% Added +18 +18
22 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 12,92012.9k $671.8k $671.8k 0.02% Reduced -164 -164
23 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 12,51912.5k $631.4k $631.4k 0.00% Reduced -1.8k -1,754
24 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 11,90511.9k $600.4k $600.4k 0.00% Reduced -4.6k -4,578
25 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 11,55711.6k $582.8k $582.8k 0.00% Reduced -8.0k -8,003
26 Gateway Wealth Partners, LLC 0.11% of their portfolio APPLETON, WI 11,10711.1k $560.1k $560.1k 0.11% Reduced -987 -987
27 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 9,0219.0k $454.9k $454.9k 0.00% Unchanged
28 TCFG WEALTH MANAGEMENT, LLC 0.21% of their portfolio LAGUNA NIGUEL, CA 9,0099.0k $454.3k $454.3k 0.21% Unchanged
29 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 8,5228.5k $461.1k $461.1k 0.01% Reduced -868 -868
30 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.01% of their portfolio LOS ANGELES, CA 8,4688.5k $427.0k $427.0k 0.01% Added +3.2k +3,154
31 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 8,2518.3k $416.1k $416.1k 0.01% Reduced -33.7k -33,682
32 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 7,8807.9k $418.7k $418.7k 0.00% Added +240 +240
33 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 6,5516.6k $330.4k $330.4k 0.01% Reduced -1.0k -1,044
34 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 6,0956.1k $308.0k $308.0k 0.00% Added +2.1k +2,063
35 Medallion Wealth Advisors, LLC 0.11% of their portfolio FARMINGTON, CT 5,2755.3k $274.2k $274.2k 0.11% Reduced -907 -907
36 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 5,1705.2k $260.7k $260.7k 0.00% New
37 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 5,1685.2k $261.0k $261.0k 0.00% Reduced -720 -720
38 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 4,9144.9k $247.8k $247.8k 0.00% Added +257 +257
39 Prasad Wealth Partners, LLC 0.07% of their portfolio INDEPENDENCE, OH 4,7654.8k $240.3k $240.3k 0.07% Reduced -8.8k -8,815
40 Koshinski Asset Management, Inc. 0.02% of their portfolio DECATUR, IL 4,3814.4k $221.0k $221.0k 0.02% Reduced -40 -40
41 Wagner Wealth Management, LLC 0.04% of their portfolio GREENVILLE, SC 3,4553.5k $174.2k $174.2k 0.04% Reduced -302 -302
42 Private Wealth Asset Management, LLC 0.02% of their portfolio OMAHA, NE 3,1003.1k $156.3k $156.3k 0.02% Unchanged
43 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 1,9682.0k $99.0k $99.0k 0.00% Unchanged
44 Cranbrook Wealth Management, LLC 0.02% of their portfolio Bloomfield Hills, MI 1,8201.8k $91.8k $91.8k 0.02% Unchanged
45 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,6061.6k $81.0k $81.0k 0.00% Unchanged
46 CREATIVE FINANCIAL DESIGNS INC /ADV 0.01% of their portfolio KOKOMO, IN 1,4821.5k $74.7k $74.7k 0.01% Added +207 +207
47 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 1,4631.5k $73.8k $73.8k 0.00% Unchanged
48 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 1,0791.1k $54.4k $54.4k 0.00% New
49 Accordant Advisory Group Inc 0.04% of their portfolio ANNAPOLIS, MD 1,0001.0k $50.4k $50.4k 0.04% Unchanged
50 WINNACLE WEALTH LLC 0.04% of their portfolio WACO, TX 1,0001.0k $50.4k $50.4k 0.04% New
51 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 970970 $48.9k $48.9k 0.00% Unchanged
52 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 698698 $35.2k $35.2k 0.00% Reduced -20.3k -20,252
53 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 674674 $33.0k $33.0k 0.00% Added +174 +174
54 MTM Investment Management, LLC 0.01% of their portfolio SPARTANBURG, SC 605605 $30.5k $30.5k 0.01% Unchanged
55 TRUST CO OF TOLEDO NA /OH/ 0.00% of their portfolio HOLLAND, OH 494494 $24.9k $24.9k 0.00% New
56 Sunbelt Securities, Inc. 0.00% of their portfolio HOUSTON, TX 250250 $13.8k $13.8k 0.00% Unchanged
57 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 195195 $9.8k $9.8k 0.00% Unchanged
58 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 175175 $8.8k $8.8k 0.00% Unchanged
59 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 148148 $7.5k $7.5k 0.00% First filing
60 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 116116 $5.9k $5.9k 0.00% Unchanged
61 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 7777 $3.9k $3.9k 0.00% Unchanged
62 Keystone Global Partners, LLC 0.00% of their portfolio DENVER, CO 5050 $2.5k $2.5k 0.00% New
63 Creekmur Asset Management LLC 0.00% of their portfolio MORTON, IL 4747 $2.4k $2.4k 0.00% Unchanged
64 CWM, LLC 0.00% of their portfolio OMAHA, NE 3232 $2.0k $2.0k 0.00% New
65 Transamerica Financial Advisors, LLC 0.00% of their portfolio CEDAR RAPIDS, IA 3131 $1.6k $1.6k 0.00% Unchanged
66 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged