Vault-13

FIRST TR EXCHANGE-TRADED FD EMLP

NO AMER ENERGY · ETP · CUSIP 33738D101

360 institutional holders -10 vs Q2 2025
67,720,17367.7m shares reported held*
$2.6bnreported value*
19 new 151 added 125 reduced 24 sold out net sold ≈ $37.8m (-990.1k 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 ≈ $38.29.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 283Q4 22: 303Q1 23: 285Q2 23: 292Q3 23: 283Q4 23: 284Q1 24: 288Q2 24: 301Q3 24: 313Q4 24: 344Q1 25: 349Q2 25: 370Q3 25: 360360Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022283
Q4 2022303
Q1 2023285
Q2 2023292
Q3 2023283
Q4 2023284
Q1 2024288
Q2 2024301
Q3 2024313
Q4 2024344
Q1 2025349
Q2 2025370
Q3 2025360

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 23: 91 bought or addedQ4 23: 156 cut or sold outQ1 24: 135 bought or addedQ1 24: 133 cut or sold outQ1 24Q2 24: 125 bought or addedQ2 24: 132 cut or sold outQ3 24: 139 bought or addedQ3 24: 144 cut or sold outQ3 24Q4 24: 175 bought or addedQ4 24: 120 cut or sold outQ1 25: 179 bought or addedQ1 25: 132 cut or sold outQ1 25Q2 25: 176 bought or addedQ2 25: 137 cut or sold outQ3 25: 170 bought or addedQ3 25: 149 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 202391156
Q1 2024135133
Q2 2024125132
Q3 2024139144
Q4 2024175120
Q1 2025179132
Q2 2025176137
Q3 2025170149

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ4 24 calls: $57.0kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $232.4kQ1 25 puts: $3.7kQ1 25P/C 0.02Q2 25 calls: $397.6kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$57.0k$00.00
Q1 2025$232.4k$3.7k0.02
Q2 2025$397.6k$00.00
Q3 2025$0$0—

Biggest buyers

MORGAN STANLEY Added +583,093+583.1k
Cetera Investment Advisers Added +421,660+421.7k
JPMORGAN CHASE & CO Added +271,622+271.6k
Forefront Wealth Partners, LLC New +259,434+259.4k
Cresset Asset Management, LLC Added +174,278+174.3k
LPL Financial LLC Added +157,733+157.7k
BANK OF AMERICA CORP /DE/ Added +145,327+145.3k
Capital Investment Advisors, LLC Added +122,319+122.3k
KESTRA PRIVATE WEALTH SERVICES, LLC Added +120,541+120.5k
AMERIPRISE FINANCIAL INC Added +76,811+76.8k

Biggest sellers

ROYAL BANK OF CANADA Reduced -1,523,615-1.5m
Rockefeller Capital Management L.P. Reduced -846,547-846.5k
Ocean Park Asset Management, LLC Sold out -494,000-494.0k
ALTFEST L J & CO INC Reduced -344,071-344.1k
360 Financial, Inc. Reduced -322,775-322.8k
Glenview Trust Co Reduced -75,662-75.7k
AlTi Global, Inc. Reduced -69,360-69.4k
FLPUTNAM INVESTMENT MANAGEMENT CO Reduced -66,862-66.9k
Hobart Private Capital, LLC Reduced -55,259-55.3k
BENJAMIN EDWARDS INC Reduced -44,776-44.8k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 17,918,59017.9m $686.1m $686.1m 0.04% Added +583.1k +583,093
2 Capital Investment Advisors, LLC 2.50% of their portfolio ATLANTA, GA 3,964,8324.0m $151.8m $151.8m 2.50% Added +122.3k +122,319
3 AlTi Global, Inc. 2.57% of their portfolio NEW YORK, NY 2,862,3832.9m $109.6m $109.6m 2.57% Reduced -69.4k -69,360
4 Glenview Trust Co 1.53% of their portfolio Louisville, KY 2,516,8532.5m $96.4m $96.4m 1.53% Reduced -75.7k -75,662
5 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 2,506,8932.5m $96.0m $96.0m 0.03% Added +157.7k +157,733
6 Cresset Asset Management, LLC 0.41% of their portfolio Chicago, IL 2,431,6652.4m $93.1m $93.1m 0.41% Added +174.3k +174,278
7 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,284,6742.3m $87.5m $87.5m 0.02% Added +33.4k +33,409
8 Wealthspire Advisors, LLC 0.42% of their portfolio NEW YORK, NY 2,113,2022.1m $80.9m $80.9m 0.42% Added +13.7k +13,686
9 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,051,3382.1m $78.5m $78.5m 0.01% Added +145.3k +145,327
10 Cerity Partners OCIO LLC 3.62% of their portfolio New York, NY 1,855,0051.9m $71.0m $71.0m 3.62% Reduced -39.2k -39,181
11 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,454,5031.5m $55.7m $55.7m 0.01% Reduced -1.5m -1,523,615
12 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,380,7621.4m $52.9m $52.9m 0.01% Reduced -3.1k -3,119
13 Welch & Forbes LLC 0.49% of their portfolio Boston, MA 1,054,1831.1m $40.4m $40.4m 0.49% Reduced -9.4k -9,380
14 Glenmede Investment Management, LP 0.19% of their portfolio PHILADELPHIA, PA 1,006,2951.0m $38.5m $38.5m 0.19% Added +12.9k +12,915
15 Disciplina Capital Management LLC 4.26% of their portfolio NASHVILLE, TN 913,234913.2k $35.0m $35.0m 4.26% Added +26.4k +26,361
16 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 890,855890.9k $34.1m $34.1m 0.07% Reduced -846.5k -846,547
17 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 761,898761.9k $29.2m $29.2m 0.01% Reduced -2.1k -2,120
18 Mariner, LLC 0.04% of their portfolio Overland Park, KS 761,571761.6k $29.2m $29.2m 0.04% Added +5.7k +5,746
19 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 759,630759.6k $29.1m $29.1m 0.04% Added +37.1k +37,143
20 Lee Financial Co 3.50% of their portfolio Dallas, TX 729,889729.9k $27.9m $27.9m 3.50% Reduced -5.9k -5,853
21 Jaffetilchin Investment Partners, LLC 1.49% of their portfolio TAMPA, FL 648,081648.1k $24.8m $24.8m 1.49% Added +14.6k +14,583
22 ALTFEST L J & CO INC 2.49% of their portfolio NEW YORK, NY 581,898581.9k $22.3m $22.3m 2.49% Reduced -344.1k -344,071
23 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 563,825563.8k $21.6m $21.6m 0.03% Added +421.7k +421,660
24 Arvest Bank Trust Division 1.12% of their portfolio DEWEY, OK 529,691529.7k $20.3m $20.3m 1.12% Added +8.3k +8,268
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 527,824527.8k $20.2m $20.2m 0.00% Added +271.6k +271,622
26 Modern Wealth Management, LLC 0.39% of their portfolio KANSAS CITY, MO 519,303519.3k $19.9m $19.9m 0.39% Added +2.7k +2,710
27 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 447,626447.6k $17.1m $17.1m 0.00% Added +64.0k +64,001
28 Barry Investment Advisors, LLC 3.94% of their portfolio NEW BEDFORD, MA 447,457447.5k $17.1m $17.1m 3.94% Added +22.6k +22,589
29 KESTRA PRIVATE WEALTH SERVICES, LLC 0.19% of their portfolio AUSTIN, TX 373,123373.1k $14.3m $14.3m 0.19% Added +120.5k +120,541
30 New England Private Wealth Advisors LLC 1.53% of their portfolio WELLESLEY, MA 303,638303.6k $11.6m $11.6m 1.53% Added +1.9k +1,930
31 Kestra Advisory Services, LLC 0.05% of their portfolio AUSTIN, TX 291,970292.0k $11.2m $11.2m 0.05% Added +12.9k +12,871
32 Arkos Global Advisors 1.38% of their portfolio HOUSTON, TX 282,284282.3k $10.8m $10.8m 1.38% Reduced -1.7k -1,698
33 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 275,072275.1k $10.5m $10.5m 0.01% Added +13.4k +13,418
34 Forefront Wealth Partners, LLC 2.50% of their portfolio AUSTIN, TX 259,434259.4k $9.9m $9.9m 2.50% New
35 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 258,127258.1k $9.8m $9.8m 0.01% Added +70.6k +70,560
36 UMB Bank, n.a. 0.14% of their portfolio Kansas City, MO 253,970254.0k $9.7m $9.7m 0.14% Reduced -18.4k -18,363
37 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 231,816231.8k $8.9m $8.9m 0.02% Reduced -16.6k -16,630
38 Prasad Wealth Partners, LLC 2.44% of their portfolio INDEPENDENCE, OH 229,061229.1k $8.8m $8.8m 2.44% Reduced -3.4k -3,382
39 Vernal Point Advisors, LLC 3.71% of their portfolio San Francisco, CA 224,602224.6k $8.6m $8.6m 3.71% Added +1.6k +1,592
40 FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC 0.43% of their portfolio Greenbrae, CA 218,691218.7k $8.4m $8.4m 0.43% Reduced -10.0k -10,021
41 Ashton Thomas Private Wealth, LLC 0.20% of their portfolio SCOTTSDALE, AZ 206,413206.4k $7.9m $7.9m 0.20% Reduced -4.6k -4,618
42 FLPUTNAM INVESTMENT MANAGEMENT CO 0.12% of their portfolio PORTLAND, ME 205,988206.0k $7.9m $7.9m 0.12% Reduced -66.9k -66,862
43 PARK NATIONAL CORP /OH/ 0.25% of their portfolio NEWARK, OH 204,923204.9k $7.8m $7.8m 0.25% Added +17.5k +17,456
44 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 204,912204.9k $7.8m $7.8m 0.04% Added +14.4k +14,382
45 Beacon Pointe Advisors, LLC 0.07% of their portfolio NEWPORT BEACH, CA 200,519200.5k $7.7m $7.7m 0.07% Reduced -7.9k -7,859
46 Strategic Wealth Partners, Ltd. 0.53% of their portfolio INDEPENDENCE, OH 184,606184.6k $7.1m $7.1m 0.53% Added +4.7k +4,727
47 Hobart Private Capital, LLC 1.45% of their portfolio CHARLOTTE, NC 181,015181.0k $6.9m $6.9m 1.45% Reduced -55.3k -55,259
48 Pinnacle Wealth Planning Services, Inc. 0.79% of their portfolio MANSFIELD, OH 175,595175.6k $6.7m $6.7m 0.79% Added +9.1k +9,149
49 IHT Wealth Management, LLC 0.17% of their portfolio Chicago, IL 174,806174.8k $6.7m $6.7m 0.17% Reduced -14.9k -14,889
50 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 172,285172.3k $6.6m $6.6m 0.01% Reduced -35.0k -35,023
51 ARVEST INVESTMENTS, INC. 0.93% of their portfolio LOWELL, AR 168,447168.4k $6.4m $6.4m 0.93% Reduced -2.4k -2,396
52 COMERICA BANK 0.02% of their portfolio DALLAS, TX 167,658167.7k $6.4m $6.4m 0.02% Reduced -2.8k -2,780
53 B. Riley Wealth Advisors, Inc. 0.30% of their portfolio MEMPHIS, TN 165,033165.0k $6.3m $6.3m 0.30% Added +10.8k +10,804
54 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 154,453154.5k $5.9m $5.9m 0.02% Added +4.5k +4,485
55 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 145,882145.9k $5.5m $5.5m 0.02% Added +74.2k +74,201
56 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 143,972144.0k $5.5m $5.5m 0.01% Reduced -5 -5
57 GenTrust, LLC 0.25% of their portfolio MIAMI, FL 142,924142.9k $5.5m $5.5m 0.25% Added +4.8k +4,800
58 APPLETON PARTNERS INC/MA 0.33% of their portfolio BOSTON, MA 127,450127.5k $4.9m $4.9m 0.33% Added +1.7k +1,730
59 BEACON FINANCIAL GROUP 0.45% of their portfolio DALLAS, TX 119,776119.8k $4.6m $4.6m 0.45% Reduced -7.8k -7,845
60 HBW ADVISORY SERVICES LLC 0.51% of their portfolio SIMI VALLEY, CA 118,476118.5k $4.5m $4.5m 0.51% Added +10.8k +10,836
61 Prime Capital Investment Advisors, LLC 0.06% of their portfolio OVERLAND PARK, KS 115,567115.6k $4.4m $4.4m 0.06% Added +3.3k +3,253
62 DAYMARK WEALTH PARTNERS, LLC 0.15% of their portfolio CINCINNATI, OH 114,846114.8k $4.4m $4.4m 0.15% Added +2.8k +2,796
63 New Republic Capital, LLC 1.34% of their portfolio CHARLOTTE, NC 114,483114.5k $4.4m $4.4m 1.34% Added +4.3k +4,313
64 Chicago Partners Investment Group LLC 0.11% of their portfolio CHICAGO, IL 112,046112.0k $4.2m $4.2m 0.11% Reduced -28 -28
65 FLAGSTAR SECURITIES, INC 1.31% of their portfolio New York, NY 111,341111.3k $4.3m $4.3m 1.31% Reduced -41.1k -41,145
66 Focus Financial Network, Inc. 0.15% of their portfolio MINNEAPOLIS, MN 111,144111.1k $4.3m $4.3m 0.15% Added +10.6k +10,643
67 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 105,281105.3k $4.0m $4.0m 0.01% Unchanged
68 Atlantic Union Bankshares Corp 0.08% of their portfolio GLEN ALLEN, VA 104,624104.6k $4.0m $4.0m 0.08% Reduced -3.3k -3,267
69 Prospera Financial Services Inc 0.06% of their portfolio Dallas, TX 96,68496.7k $3.7m $3.7m 0.06% Added +3.3k +3,264
70 Snowden Capital Advisors LLC 0.09% of their portfolio New York, NY 90,69090.7k $3.5m $3.5m 0.09% Added +4.1k +4,143
71 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 88,52588.5k $3.4m $3.4m 0.00% Added +76.8k +76,811
72 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 88,22988.2k $3.4m $3.4m 0.01% Added +1.8k +1,802
73 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 87,69687.7k $3.4m $3.4m 0.01% Added +2.1k +2,109
74 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 86,25686.3k $3.3m $3.3m 0.02% Added +934 +934
75 Kingsview Wealth Management, LLC 0.05% of their portfolio GRANTS PASS, OR 85,31485.3k $3.3m $3.3m 0.05% Added +4.0k +3,957
76 BENJAMIN EDWARDS INC 0.04% of their portfolio Clayton, MO 85,16685.2k $3.3m $3.3m 0.04% Reduced -44.8k -44,776
77 CoreCap Advisors, LLC 0.12% of their portfolio SOUTHFIELD, MI 83,36383.4k $3.2m $3.2m 0.12% Added +28.7k +28,729
78 Keystone Financial Group, Inc. 1.73% of their portfolio ATLANTA, GA 79,94679.9k $3.1m $3.1m 1.73% Added +2.5k +2,488
79 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 78,07178.1k $3.0m $3.0m 0.00% Added +14.4k +14,421
80 Prosperity Consulting Group, LLC 0.14% of their portfolio OWINGS MILLS, MD 76,33476.3k $2.9m $2.9m 0.14% Reduced -156 -156
81 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 75,46575.5k $2.9m $2.9m 0.02% Added +45.7k +45,733
82 ARQ WEALTH ADVISORS, LLC 0.85% of their portfolio SCOTTSDALE, AZ 74,66474.7k $2.9m $2.9m 0.85% Added +27.7k +27,744
83 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 72,96673.0k $2.8m $2.8m 0.00% Added +29.9k +29,878
84 Crumly & Associates Inc. 0.61% of their portfolio SPRINGFIELD, IL 72,83672.8k $2.8m $2.8m 0.61% Reduced -60 -60
85 Savant Capital, LLC 0.02% of their portfolio ROCKFORD, IL 71,78271.8k $2.7m $2.7m 0.02% Reduced -981 -981
86 ArchPoint Investors 0.75% of their portfolio CORAL GABLES, FL 71,08171.1k $2.7m $2.7m 0.75% Reduced -7.2k -7,219
87 Continuum Advisory, LLC 0.28% of their portfolio EAGLE, ID 69,66769.7k $2.7m $2.7m 0.28% Added +1.8k +1,758
88 Wela Strategies, Inc. 0.99% of their portfolio ATLANTA, GA 68,07868.1k $2.6m $2.6m 0.99% Added +1.9k +1,928
89 Summit Trail Advisors, LLC 0.03% of their portfolio NEW YORK, NY 65,20165.2k $2.5m $2.5m 0.03% Unchanged
90 Glass Jacobson Investment Advisors llc 0.89% of their portfolio OWINGS MILLS, MD 64,60064.6k $2.5m $2.5m 0.89% Reduced -537 -537
91 HARBOUR INVESTMENTS, INC. 0.06% of their portfolio MADISON, WI 63,74863.7k $2.4m $2.4m 0.06% Added +18.2k +18,226
92 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 63,65463.7k $2.4m $2.4m 0.00% Added +44.2k +44,227
93 Landmark Wealth Management, LLC 0.94% of their portfolio MELVILLE, NY 61,70461.7k $2.4m $2.4m 0.94% Added +2.8k +2,770
94 PUFF WEALTH MANAGEMENT, LLC 3.48% of their portfolio Haddonfield, NJ 59,87359.9k $2.3m $2.3m 3.48% Reduced -3.3k -3,318
95 Arkadios Wealth Advisors 0.06% of their portfolio ATLANTA, GA 59,63659.6k $2.3m $2.3m 0.06% Added +16.0k +15,951
96 PCG Wealth Advisors, LLC 0.66% of their portfolio OVERLAND PARK, KS 58,85158.9k $2.3m $2.3m 0.66% Added +435 +435
97 ORG Partners LLC 0.39% of their portfolio ROANOKE, IN 55,32855.3k $2.1m $2.1m 0.39% Unchanged
98 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 55,31555.3k $2.1m $2.1m 0.02% Added +7.8k +7,809
99 Encompass More Asset Management 0.40% of their portfolio Danville, CA 54,07754.1k $2.1m $2.1m 0.40% Reduced -9.4k -9,363
100 WORLD EQUITY GROUP, INC. 0.47% of their portfolio SCHAUMBURG, IL 53,97154.0k $2.1m $2.1m 0.47% Added +27.7k +27,710