Vault-13

FIRST TR EXCHANGE-TRADED FD FTSL

SENIOR LN FD · ETP · CUSIP 33738D309

313 institutional holders -20 vs Q4 2022
38,119,86738.1m shares reported held*
$1.7bnreported value*
25 new 111 added 149 reduced 44 sold out net sold ≈ $240.8m (-5.4m 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 ($672.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.84. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 324Q4 22: 333Q1 23: 313313Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022324
Q4 2022333
Q1 2023313

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 144 bought or addedQ4 22: 178 cut or sold outQ4 22Q1 23: 136 bought or addedQ1 23: 193 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022144178
Q1 2023136193

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $0Q4 22 puts: $254.2kQ4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$0$254.2k—
Q1 2023$0$0—

Biggest buyers

Wagner Wealth Management, LLC Added +317,724+317.7k
RENAISSANCE TECHNOLOGIES LLC Added +179,108+179.1k
JANE STREET GROUP, LLC Added +155,362+155.4k
Cyndeo Wealth Partners, LLC Added +151,924+151.9k
OSAIC HOLDINGS, INC. Added +101,620+101.6k
Presidio Capital Management, LLC New +101,495+101.5k
AXXCESS WEALTH MANAGEMENT, LLC New +101,375+101.4k
SageView Advisory Group, LLC New +80,297+80.3k
Schonfeld Strategic Advisors LLC New +75,347+75.3k
BANK OF AMERICA CORP /DE/ Added +70,865+70.9k

Biggest sellers

MORGAN STANLEY Reduced -1,053,550-1.1m
WELLS FARGO & COMPANY/MN Reduced -542,626-542.6k
Engrave Wealth Partners LLC Reduced -462,597-462.6k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -295,279-295.3k
FLOW TRADERS U.S. LLC Reduced -275,439-275.4k
Milestone Advisory Partners Reduced -270,373-270.4k
ASSETMARK, INC Reduced -262,027-262.0k
UBS Group AG Reduced -259,819-259.8k
Advisor OS, LLC Reduced -246,961-247.0k
AE Wealth Management LLC Reduced -232,836-232.8k

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

None

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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,849,6344.8m $219.4m $219.4m 0.02% Reduced -1.1m -1,053,550
2 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 4,041,0004.0m $182.8m $182.8m 0.05% Reduced -76.4k -76,449
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,255,5472.3m $102.0m $102.0m 0.01% Added +70.9k +70,865
4 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,013,3952.0m $91.1m $91.1m 0.03% Reduced -542.6k -542,626
5 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 1,740,7521.7m $78.8m $78.8m 0.06% Reduced -221.3k -221,312
6 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,286,3741.3m $58.2m $58.2m 0.03% Reduced -259.8k -259,819
7 Virtue Capital Management, LLC 6.87% of their portfolio BRENTWOOD, TN 932,819932.8k $42.0m $42.0m 6.87% Reduced -60.5k -60,484
8 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 786,845786.8k $35.6m $35.6m 0.03% Added +27.6k +27,634
9 Flaharty Asset Management, LLC 5.91% of their portfolio CLEARWATER, FL 731,804731.8k $33.1m $33.1m 5.91% Added +7.5k +7,506
10 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 709,480709.5k $32.1m $32.1m 0.04% Reduced -7.2k -7,231
11 Wagner Wealth Management, LLC 14.51% of their portfolio GREENVILLE, SC 705,942705.9k $31.9m $31.9m 14.51% Added +317.7k +317,724
12 Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio ST. PETERSBURG, FL 659,287659.3k $29.8m $29.8m 0.06% Reduced -113.0k -113,014
13 BEACON FINANCIAL GROUP 2.04% of their portfolio DALLAS, TX 656,195656.2k $14.6m $14.6m 2.04% Reduced -7.0k -7,013
14 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 625,783625.8k $28.3m $28.3m 0.05% Added +101.6k +101,620
15 One Capital Management, LLC 1.28% of their portfolio WESTLAKE VILLAGE, CA 577,108577.1k $26.1m $26.1m 1.28% Reduced -8.3k -8,259
16 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 558,179558.2k $25.3m $25.3m 0.04% Added +31.5k +31,453
17 Welch & Forbes LLC 0.39% of their portfolio Boston, MA 506,233506.2k $22.9m $22.9m 0.39% Added +52.0k +52,032
18 Csenge Advisory Group 1.48% of their portfolio CLEARWATER, FL 453,650453.6k $20.5m $20.5m 1.48% Added +58.5k +58,547
19 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 432,706432.7k $19.6m $19.6m 0.03% Added +155.4k +155,362
20 TELEMUS CAPITAL, LLC 1.70% of their portfolio Southfield, MI 426,802426.8k $19.3m $19.3m 1.70% Added +10.4k +10,399
21 TL Private Wealth 10.91% of their portfolio SOUTHLAKE, TX 425,636425.6k $19.3m $19.3m 10.91% Added +17.1k +17,127
22 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 413,708413.7k $18.7m $18.7m 0.02% Added +179.1k +179,108
23 Tanager Wealth Management LLP 4.43% of their portfolio Goring On Thames, X0 413,136413.1k $18.7m $18.7m 4.43% Added +12.7k +12,656
24 Cyndeo Wealth Partners, LLC 1.54% of their portfolio ST. PETERSBURG, FL 316,326316.3k $14.3m $14.3m 1.54% Added +151.9k +151,924
25 Kestra Advisory Services, LLC 0.15% of their portfolio AUSTIN, TX 314,942314.9k $14.2m $14.2m 0.15% Reduced -4.7k -4,695
26 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 310,864310.9k $14.1m $14.1m 0.01% Reduced -34.3k -34,257
27 American Financial Advisors, LLC 2.07% of their portfolio Marietta, GA 281,592281.6k $12.7m $12.7m 2.07% Reduced -8.2k -8,210
28 Edmonds Duncan Registered Investment Advisors, LLC 3.62% of their portfolio LAWRENCE, KS 258,805258.8k $11.7m $11.7m 3.62% Reduced -1.0k -1,043
29 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 218,173218.2k $9.9m $9.9m 0.04% Reduced -2.9k -2,882
30 Financial Partners Group, Inc 2.16% of their portfolio Overland Park, KS 214,447214.4k $9.7m $9.7m 2.16% Added +3.8k +3,810
31 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.05% of their portfolio IRVING, TX 213,545213.5k $9.7m $9.7m 0.05% Reduced -109.8k -109,804
32 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 201,703201.7k $9.1m $9.1m 0.04% Reduced -91.5k -91,518
33 Trivium Point Advisory, LLC 2.46% of their portfolio WILTON, CT 200,888200.9k $9.1m $9.1m 2.46% Added +31.9k +31,916
34 Trinity Legacy Partners, LLC 3.35% of their portfolio HOUSTON, TX 197,350197.3k $8.9m $8.9m 3.35% Reduced -1.3k -1,336
35 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 189,353189.4k $8.6m $8.6m 0.01% Reduced -23.4k -23,354
36 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 176,062176.1k $8.0m $8.0m 0.02% Reduced -295.3k -295,279
37 CWM, LLC 0.05% of their portfolio OMAHA, NE 167,065167.1k $7.6m $7.6m 0.05% Reduced -10.9k -10,877
38 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.30% of their portfolio Seattle, WA 153,802153.8k $7.0m $7.0m 0.30% Reduced -3.3k -3,307
39 Cherry Creek Investment Advisors, Inc. 5.03% of their portfolio ENGLEWOOD, CO 151,670151.7k $6.9m $6.9m 5.03% Added +1.6k +1,591
40 RFG Advisory, LLC 0.34% of their portfolio BIRMINGHAM, AL 151,518151.5k $6.9m $6.9m 0.34% Added +10.7k +10,698
41 WT Wealth Management 2.71% of their portfolio SCOTTSDALE, AZ 138,677138.7k $6.3m $6.3m 2.71% Added +18.9k +18,942
42 Nilsine Partners, LLC 0.98% of their portfolio GREENWOOD VILLAGE, CO 137,983138.0k $6.2m $6.2m 0.98% First filing
43 LAKE STREET PRIVATE WEALTH, LLC 1.11% of their portfolio CHICAGO, IL 131,912131.9k $6.0m $6.0m 1.11% Added +5.8k +5,792
44 Cranbrook Wealth Management, LLC 1.69% of their portfolio Bloomfield Hills, MI 131,671131.7k $6.0m $6.0m 1.69% Reduced -7.0k -6,963
45 Cetera Advisor Networks LLC 0.04% of their portfolio EL SEGUNDO, CA 131,079131.1k $5.9m $5.9m 0.04% Reduced -50.4k -50,387
46 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 123,279123.3k $5.6m $5.6m 0.01% Reduced -3.2k -3,239
47 Accel Wealth Management 2.24% of their portfolio WAVERLY, IA 121,097121.1k $5.5m $5.5m 2.24% Reduced -4.0k -4,005
48 RPg Family Wealth Advisory, LLC 2.97% of their portfolio BURLINGTON, MA 119,369119.4k $5.4m $5.4m 2.97% Added +3.8k +3,779
49 Composition Wealth, LLC 0.17% of their portfolio LOS ANGELES, CA 115,183115.2k $5.2m $5.2m 0.17% Reduced -12.4k -12,361
50 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 110,042110.0k $5.0m $5.0m 0.05% Reduced -52.0k -52,034
51 Chicago Partners Investment Group LLC 0.29% of their portfolio CHICAGO, IL 109,547109.5k $4.9m $4.9m 0.29% Added +6.6k +6,579
52 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 104,148104.1k $4.7m $4.7m 0.01% Reduced -167.4k -167,404
53 Colorado Capital Management, Inc. 3.63% of their portfolio BOULDER, CO 103,478103.5k $4.7m $4.7m 3.63% Added +627 +627
54 Gladstone Institutional Advisory LLC 0.30% of their portfolio Bedminster, NJ 101,829101.8k $4.6m $4.6m 0.30% Reduced -8.2k -8,190
55 My Legacy Advisors, LLC 1.98% of their portfolio BEND, OR 101,626101.6k $4.6m $4.6m 1.98% Reduced -593 -593
56 Presidio Capital Management, LLC 3.98% of their portfolio SAN DIEGO, CA 101,495101.5k $4.6m $4.6m 3.98% New
57 AXXCESS WEALTH MANAGEMENT, LLC 0.36% of their portfolio CARLSBAD, CA 101,375101.4k $4.6m $4.6m 0.36% New
58 Aspen Investment Management Inc 2.91% of their portfolio GRAND RAPIDS, MI 100,730100.7k $4.6m $4.6m 2.91% Reduced -2.0k -2,002
59 Prospera Financial Services Inc 0.19% of their portfolio Dallas, TX 100,137100.1k $4.5m $4.5m 0.19% Reduced -11.2k -11,156
60 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 99,18199.2k $4.5m $4.5m 0.07% Added +2.0k +2,001
61 Kovack Advisors, Inc. 0.61% of their portfolio FT. LAUDERDALE, FL 99,16499.2k $4.5m $4.5m 0.61% Reduced -4.6k -4,644
62 ICA Group Wealth Management, LLC 1.07% of their portfolio DENVER, CO 98,74098.7k $4.5m $4.5m 1.07% Reduced -33.9k -33,890
63 PRUDENTIAL PLC 0.05% of their portfolio LONDON, X0 94,90094.9k $4.3m $4.3m 0.05% Reduced -56.0k -56,000
64 Midwest Heritage Bank, FSB 3.41% of their portfolio WEST DES MOINES, IA 93,68893.7k $4.2m $4.2m 3.41% Added +22.4k +22,407
65 TrueWealth Advisors, LLC 1.75% of their portfolio BIRMINGHAM, AL 92,15092.2k $4.2m $4.2m 1.75% Reduced -151.8k -151,788
66 Integrated Advisors Network LLC 0.25% of their portfolio DALLAS, TX 91,93791.9k $4.2m $4.2m 0.25% Added +1.9k +1,942
67 Mariner, LLC 0.01% of their portfolio Overland Park, KS 90,39790.4k $4.1m $4.1m 0.01% Added +594 +594
68 Financial Enhancement Group LLC 0.77% of their portfolio ANDERSON, IN 88,63288.6k $4.0m $4.0m 0.77% Reduced -23.7k -23,673
69 Lokken Investment Group LLC 2.97% of their portfolio LEWES, DE 86,53686.5k $3.9m $3.9m 2.97% Added +205 +205
70 HARBOUR INVESTMENTS, INC. 0.21% of their portfolio MADISON, WI 83,69883.7k $3.8m $3.8m 0.21% Reduced -12.4k -12,372
71 Geneos Wealth Management Inc. 0.23% of their portfolio ENGLEWOOD, CO 82,55082.5k $3.7m $3.7m 0.23% Added +9.4k +9,379
72 Sowell Financial Services LLC 0.29% of their portfolio NORTH LITTLE ROCK, AR 81,92081.9k $3.7m $3.7m 0.29% Reduced -1.6k -1,609
73 J.W. COLE ADVISORS, INC. 0.26% of their portfolio TAMPA, FL 80,37880.4k $3.6m $3.6m 0.26% Added +112 +112
74 SageView Advisory Group, LLC 0.23% of their portfolio Newport Beach, CA 80,29780.3k $3.6m $3.6m 0.23% New
75 U.S. Capital Wealth Advisors, LLC 0.16% of their portfolio AUSTIN, TX 75,40075.4k $3.4m $3.4m 0.16% Added +40.7k +40,726
76 Schonfeld Strategic Advisors LLC 0.03% of their portfolio NEW YORK, NY 75,34775.3k $3.4m $3.4m 0.03% New
77 Quad-Cities Investment Group, LLC 2.29% of their portfolio DAVENPORT, IA 73,05573.1k $3.3m $3.3m 2.29% Reduced -7.4k -7,399
78 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.34% of their portfolio CEDAR RAPIDS, IA 71,89071.9k $3.3m $3.3m 0.34% Reduced -3.7k -3,652
79 RiverFront Investment Group, LLC 0.11% of their portfolio RICHMOND, VA 70,89070.9k $3.2m $3.2m 0.11% Reduced -3.3k -3,298
80 OneDigital Investment Advisors LLC 0.07% of their portfolio OVERLAND PARK, KS 68,86568.9k $3.1m $3.1m 0.07% Reduced -4.3k -4,280
81 COTTONWOOD CAPITAL ADVISORS, LLC 2.86% of their portfolio SALT LAKE CITY, UT 68,72568.7k $3.1m $3.1m 2.86% Reduced -9.2k -9,184
82 Anfield Capital Management, LLC 1.42% of their portfolio IRVINE, CA 67,90667.9k $3.1m $3.1m 1.42% Added +11.9k +11,943
83 OPPENHEIMER & CO INC 0.06% of their portfolio NEW YORK, NY 64,60664.6k $2.9m $2.9m 0.06% Added +5.3k +5,303
84 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 61,76261.8k $2.8m $2.8m 0.03% Added +15.9k +15,895
85 Jaffetilchin Investment Partners, LLC 0.31% of their portfolio TAMPA, FL 61,10861.1k $2.8m $2.8m 0.31% Reduced -151.7k -151,734
86 FinTrust Capital Advisors, LLC 0.66% of their portfolio Greenville, SC 60,82060.8k $2.7m $2.7m 0.66% Unchanged
87 WEDBUSH SECURITIES INC 0.14% of their portfolio PASADENA, CA 60,40760.4k $2.7m $2.7m 0.14% Reduced -880 -880
88 Cetera Advisors LLC 0.04% of their portfolio DENVER, CO 58,82358.8k $2.7m $2.7m 0.04% Reduced -1.4k -1,419
89 Kingsview Wealth Management, LLC 0.11% of their portfolio GRANTS PASS, OR 58,69558.7k $2.7m $2.7m 0.11% Reduced -3.1k -3,052
90 SAXON INTERESTS, INC. 1.48% of their portfolio HOUSTON, TX 57,75457.8k $2.6m $2.6m 1.48% Added +1.9k +1,868
91 AVANTAX ADVISORY SERVICES, INC. 0.03% of their portfolio DALLAS, TX 57,19257.2k $2.6m $2.6m 0.03% Added +8.4k +8,436
92 Clear Creek Financial Management, LLC 0.49% of their portfolio SILVERDALE, WA 56,85156.9k $2.6m $2.6m 0.49% Added +19.6k +19,579
93 B. Riley Wealth Advisors, Inc. 0.07% of their portfolio MEMPHIS, TN 54,68054.7k $2.5m $2.5m 0.07% Reduced -2.8k -2,754
94 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 54,64254.6k $2.5m $2.5m 0.02% Added +2.9k +2,917
95 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 54,13954.1k $2.4m $2.4m 0.02% Reduced -27.4k -27,419
96 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 53,60653.6k $2.4m $2.4m 0.00% Reduced -17.7k -17,720
97 Integrity Financial Corp /WA 1.99% of their portfolio JACKSON, WY 53,55553.6k $2.4m $2.4m 1.99% Added +27.6k +27,557
98 Stratos Wealth Partners, LTD. 0.06% of their portfolio BEACHWOOD, OH 50,80450.8k $2.3m $2.3m 0.06% Reduced -11.0k -11,019
99 INDEPENDENT FINANCIAL GROUP, LLC 0.18% of their portfolio SAN DIEGO, CA 50,54150.5k $2.3m $2.3m 0.18% Added +4.4k +4,441
100 Adams Wealth Management 0.74% of their portfolio LOGAN, UT 50,41950.4k $2.3m $2.3m 0.74% Added +40.4k +40,418