Vault-13

FIRST TR EXCHANGE-TRADED FD FTSL

SENIOR LN FD · ETP · CUSIP 33738D309

327 institutional holders +27 vs Q3 2023
39,691,02939.7m shares reported held*
$1.8bnreported value*
26 new 116 added 130 reduced 17 sold out net bought ≈ $292.4m (+6.2m 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 ($260.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.07. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 324Q4 22: 333Q1 23: 313Q2 23: 302Q3 23: 300Q4 23: 327327Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022324
Q4 2022333
Q1 2023313
Q2 2023302
Q3 2023300
Q4 2023327

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 23Q2 23: 124 bought or addedQ2 23: 171 cut or sold outQ2 23Q3 23: 145 bought or addedQ3 23: 154 cut or sold outQ3 23Q4 23: 142 bought or addedQ4 23: 147 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022144178
Q1 2023136193
Q2 2023124171
Q3 2023145154
Q4 2023142147

Biggest buyers

MORGAN STANLEY Added +3,135,677+3.1m
JANE STREET GROUP, LLC Added +1,383,856+1.4m
BANK OF AMERICA CORP /DE/ Added +1,289,343+1.3m
LPL Financial LLC Added +675,121+675.1k
RENAISSANCE TECHNOLOGIES LLC Added +325,756+325.8k
Hikari Tsushin, Inc. New +207,291+207.3k
Raymond James Financial Services Advisors, Inc. Added +199,059+199.1k
Tower Wealth Partners, Inc. New +191,906+191.9k
ENVESTNET ASSET MANAGEMENT INC Added +154,115+154.1k
Wagner Wealth Management, LLC Added +148,231+148.2k

Biggest sellers

ROYAL BANK OF CANADA Reduced -413,433-413.4k
WELLS FARGO & COMPANY/MN Reduced -252,896-252.9k
Ocean Park Asset Management, LLC Sold out -249,700-249.7k
Synergy Asset Management, LLC Sold out -217,353-217.4k
OSAIC HOLDINGS, INC. Reduced -207,547-207.5k
BEACON FINANCIAL GROUP Reduced -181,822-181.8k
Financial Partners Group, Inc Reduced -140,780-140.8k
Asset Allocation & Management Company, LLC Reduced -125,360-125.4k
RAYMOND JAMES & ASSOCIATES Reduced -99,282-99.3k
Friedenthal Financial Sold out -88,252-88.3k

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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 7,104,0667.1m $327.3m $327.3m 0.01% Added +3.1m +3,135,677
2 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 3,379,0653.4m $155.7m $155.7m 0.02% Added +1.3m +1,289,343
3 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 2,307,4072.3m $106.3m $106.3m 0.06% Added +675.1k +675,121
4 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 2,122,0582.1m $97.8m $97.8m 0.02% Reduced -413.4k -413,433
5 JANE STREET GROUP, LLC 0.08% of their portfolio NEW YORK, NY 1,400,0691.4m $64.5m $64.5m 0.08% Added +1.4m +1,383,856
6 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,374,4901.4m $63.3m $63.3m 0.03% Added +29.6k +29,552
7 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,205,9511.2m $55.6m $55.6m 0.02% Reduced -252.9k -252,896
8 Wagner Wealth Management, LLC 17.09% of their portfolio GREENVILLE, SC 1,103,8731.1m $50.9m $50.9m 17.09% Added +148.2k +148,231
9 One Capital Management, LLC 2.00% of their portfolio WESTLAKE VILLAGE, CA 1,095,3271.1m $50.5m $50.5m 2.00% Added +113.9k +113,857
10 Raymond James Financial Services Advisors, Inc. 0.07% of their portfolio ST. PETERSBURG, FL 921,265921.3k $42.4m $42.4m 0.07% Added +199.1k +199,059
11 Flaharty Asset Management, LLC 5.70% of their portfolio CLEARWATER, FL 782,856782.9k $36.1m $36.1m 5.70% Added +2.2k +2,158
12 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 709,729709.7k $32.7m $32.7m 0.06% Reduced -207.5k -207,547
13 FIRST TRUST ADVISORS LP 0.03% of their portfolio Wheaton, IL 668,282668.3k $30.8m $30.8m 0.03% Added +608 +608
14 Welch & Forbes LLC 0.39% of their portfolio Boston, MA 564,207564.2k $26.0m $26.0m 0.39% Reduced -10.9k -10,947
15 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 499,900499.9k $23.0m $23.0m 0.04% Added +325.8k +325,756
16 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 499,123499.1k $23.0m $23.0m 0.01% Added +154.1k +154,115
17 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 482,451482.5k $22.2m $22.2m 0.02% Reduced -99.3k -99,282
18 TELEMUS CAPITAL, LLC 1.71% of their portfolio Southfield, MI 450,223450.2k $20.7m $20.7m 1.71% Added +18.3k +18,256
19 TL Private Wealth 10.53% of their portfolio SOUTHLAKE, TX 443,187443.2k $20.4m $20.4m 10.53% Reduced -1.7k -1,652
20 Virtue Capital Management, LLC 3.76% of their portfolio BRENTWOOD, TN 402,891402.9k $18.6m $18.6m 3.76% Added +47.3k +47,341
21 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 380,714380.7k $17.5m $17.5m 0.02% Reduced -73.7k -73,665
22 Kestra Advisory Services, LLC 0.13% of their portfolio AUSTIN, TX 347,996348.0k $16.0m $16.0m 0.13% Added +11.1k +11,132
23 Cyndeo Wealth Partners, LLC 1.41% of their portfolio ST. PETERSBURG, FL 331,427331.4k $15.3m $15.3m 1.41% Reduced -4.0k -4,032
24 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 292,539292.5k $13.5m $13.5m 0.02% Reduced -29.9k -29,876
25 CWM, LLC 0.07% of their portfolio OMAHA, NE 287,502287.5k $13.2m $13.2m 0.07% Added +74.9k +74,921
26 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 240,524240.5k $11.1m $11.1m 0.05% Reduced -69.3k -69,333
27 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 235,990236.0k $10.9m $10.9m 0.02% Added +40.6k +40,629
28 Hikari Tsushin, Inc. 0.88% of their portfolio TOKYO, M0 207,291207.3k $9.5m $9.5m 0.88% New
29 Tower Wealth Partners, Inc. 6.25% of their portfolio LEWISBURG, PA 191,906191.9k $8.8m $8.8m 6.25% New
30 NewEdge Advisors, LLC 0.08% of their portfolio NEW ORLEANS, LA 179,526179.5k $8.2m $8.2m 0.08% Added +11.3k +11,302
31 Cherry Creek Investment Advisors, Inc. 5.02% of their portfolio ENGLEWOOD, CO 178,448178.4k $8.2m $8.2m 5.02% Added +11.5k +11,496
32 Presidio Capital Management, LLC 5.60% of their portfolio SAN DIEGO, CA 155,787155.8k $7.2m $7.2m 5.60% Added +14.4k +14,409
33 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 154,332154.3k $7.1m $7.1m 0.02% Reduced -16.4k -16,447
34 RFG Advisory, LLC 0.28% of their portfolio BIRMINGHAM, AL 153,721153.7k $7.1m $7.1m 0.28% Added +2.2k +2,156
35 AXXCESS WEALTH MANAGEMENT, LLC 0.21% of their portfolio CARLSBAD, CA 153,025153.0k $7.0m $7.0m 0.21% Added +12.2k +12,203
36 Cetera Advisor Networks LLC 0.04% of their portfolio EL SEGUNDO, CA 149,259149.3k $6.9m $6.9m 0.04% Reduced -438 -438
37 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.23% of their portfolio Seattle, WA 146,358146.4k $6.7m $6.7m 0.23% Reduced -1.4k -1,382
38 Nilsine Partners, LLC 1.01% of their portfolio GREENWOOD VILLAGE, CO 142,103142.1k $6.5m $6.5m 1.01% Added +2.9k +2,853
39 Little Harbor Advisors, LLC 4.48% of their portfolio MARBLEHEAD, MA 135,202135.2k $6.2m $6.2m 4.48% Unchanged
40 Sowell Financial Services LLC 0.33% of their portfolio NORTH LITTLE ROCK, AR 132,633132.6k $6.1m $6.1m 0.33% Added +2.0k +2,038
41 Prospera Financial Services Inc 0.20% of their portfolio Dallas, TX 129,372129.4k $6.0m $6.0m 0.20% Added +67.1k +67,057
42 Lokken Investment Group LLC 3.36% of their portfolio LEWES, DE 128,800128.8k $5.9m $5.9m 3.36% Added +2.4k +2,410
43 Chicago Partners Investment Group LLC 0.27% of their portfolio CHICAGO, IL 128,605128.6k $5.9m $5.9m 0.27% Added +10.5k +10,459
44 RiverTree Advisors, LLC 4.00% of their portfolio WINTER PARK, FL 127,623127.6k $5.9m $5.9m 4.00% New
45 LAKE STREET PRIVATE WEALTH, LLC 0.92% of their portfolio CHICAGO, IL 126,852126.9k $5.8m $5.8m 0.92% Reduced -3.3k -3,343
46 Coppell Advisory Solutions LLC 1.16% of their portfolio COPPELL, TX 126,236126.2k $5.8m $5.8m 1.16% Added +117.6k +117,633
47 Accel Wealth Management 2.83% of their portfolio WAVERLY, IA 122,407122.4k $5.6m $5.6m 2.83% Reduced -868 -868
48 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 118,770118.8k $5.5m $5.5m 0.01% Reduced -1.1k -1,091
49 RPg Family Wealth Advisory, LLC 2.00% of their portfolio BURLINGTON, MA 117,875117.9k $5.4m $5.4m 2.00% Reduced -7.6k -7,630
50 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 107,194107.2k $4.9m $4.9m 0.01% Reduced -25.1k -25,121
51 Asset Allocation Strategies LLC 1.92% of their portfolio FARMINGTON, MI 106,820106.8k $4.9m $4.9m 1.92% Reduced -8.2k -8,160
52 Steward Partners Investment Advisory, LLC 0.06% of their portfolio STAMFORD, CT 104,089104.1k $4.8m $4.8m 0.06% Added +4.3k +4,309
53 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 100,284100.3k $4.6m $4.6m 0.04% Added +902 +902
54 Midwest Heritage Bank, FSB 3.05% of their portfolio WEST DES MOINES, IA 97,63697.6k $4.5m $4.5m 3.05% Reduced -2.2k -2,209
55 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 94,40694.4k $4.3m $4.3m 0.01% Reduced -1.1k -1,116
56 Mariner, LLC 0.01% of their portfolio Overland Park, KS 90,60190.6k $4.2m $4.2m 0.01% Added +28.5k +28,477
57 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 90,51590.5k $4.2m $4.2m 0.02% Added +9.5k +9,520
58 Aspen Investment Management Inc 2.26% of their portfolio GRAND RAPIDS, MI 87,97488.0k $4.1m $4.1m 2.26% Reduced -7.6k -7,556
59 COTTONWOOD CAPITAL ADVISORS, LLC 3.27% of their portfolio SALT LAKE CITY, UT 86,28286.3k $4.0m $4.0m 3.27% Added +6.4k +6,375
60 Colorado Capital Management, Inc. 2.53% of their portfolio BOULDER, CO 83,58083.6k $3.9m $3.9m 2.53% Reduced -12.0k -11,984
61 J.W. COLE ADVISORS, INC. 0.22% of their portfolio TAMPA, FL 82,93982.9k $3.8m $3.8m 0.22% Reduced -254 -254
62 U.S. Capital Wealth Advisors, LLC 0.15% of their portfolio AUSTIN, TX 82,60182.6k $3.8m $3.8m 0.15% Added +20.6k +20,585
63 Adams Wealth Management 1.12% of their portfolio LOGAN, UT 82,46982.5k $3.8m $3.8m 1.12% Added +17.2k +17,236
64 Cetera Advisors LLC 0.05% of their portfolio DENVER, CO 80,93980.9k $3.7m $3.7m 0.05% Reduced -25.9k -25,943
65 Gladstone Institutional Advisory LLC 0.21% of their portfolio Bedminster, NJ 80,80980.8k $3.7m $3.7m 0.21% Added +20.8k +20,826
66 HARBOUR INVESTMENTS, INC. 0.15% of their portfolio MADISON, WI 80,70580.7k $3.7m $3.7m 0.15% Reduced -50.3k -50,340
67 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 77,65477.7k $3.6m $3.6m 0.00% Added +607 +607
68 Geneos Wealth Management Inc. 0.18% of their portfolio ENGLEWOOD, CO 77,52977.5k $3.6m $3.6m 0.18% Reduced -27.8k -27,803
69 Integrated Advisors Network LLC 0.20% of their portfolio DALLAS, TX 77,09177.1k $3.6m $3.6m 0.20% Reduced -18.4k -18,444
70 SageView Advisory Group, LLC 0.15% of their portfolio Newport Beach, CA 76,98377.0k $3.5m $3.5m 0.15% Reduced -428 -428
71 AVANTAX ADVISORY SERVICES, INC. 0.03% of their portfolio DALLAS, TX 75,49375.5k $3.5m $3.5m 0.03% Added +26.7k +26,692
72 COMERICA BANK 0.02% of their portfolio DALLAS, TX 71,70571.7k $3.3m $3.3m 0.02% Added +5.1k +5,080
73 Integrity Financial Corp /WA 2.36% of their portfolio JACKSON, WY 70,82970.8k $3.3m $3.3m 2.36% Reduced -1.8k -1,772
74 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 70,19070.2k $3.2m $3.2m 0.00% Added +69.3k +69,328
75 TRUSTMARK BANK TRUST DEPARTMENT 0.29% of their portfolio JACKSON, MS 70,00070.0k $3.2m $3.2m 0.29% New
76 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.29% of their portfolio CEDAR RAPIDS, IA 68,89068.9k $3.2m $3.2m 0.29% Added +2.7k +2,654
77 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 67,51167.5k $3.1m $3.1m 0.01% Reduced -5.8k -5,820
78 Financial Enhancement Group LLC 0.54% of their portfolio ANDERSON, IN 67,27467.3k $3.1m $3.1m 0.54% Added +868 +868
79 PRUDENTIAL PLC 0.03% of their portfolio LONDON, X0 66,20066.2k $3.0m $3.0m 0.03% Reduced -2.0k -2,000
80 Trivium Point Advisory, LLC 0.72% of their portfolio WILTON, CT 64,75264.8k $3.0m $3.0m 0.72% Reduced -996 -996
81 Aurora Private Wealth, Inc. 2.78% of their portfolio ROCKAWAY, NJ 64,05164.1k $3.0m $3.0m 2.78% Added +10.9k +10,867
82 American Financial Advisors, LLC 0.43% of their portfolio Marietta, GA 62,85662.9k $2.9m $2.9m 0.43% Reduced -16.8k -16,804
83 Philip James Wealth Mangement, LLC 2.24% of their portfolio MILTON, GA 62,79862.8k $2.9m $2.9m 2.24% First filing
84 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 62,52062.5k $2.9m $2.9m 0.01% Added +10.5k +10,474
85 FLAGSTAR SECURITIES, INC 0.90% of their portfolio New York, NY 61,93861.9k $2.9m $2.9m 0.90% Added +48.5k +48,508
86 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 61,64561.6k $2.8m $2.8m 0.02% Added +2.7k +2,700
87 Clear Creek Financial Management, LLC 0.44% of their portfolio SILVERDALE, WA 60,45960.5k $2.8m $2.8m 0.44% Added +5.5k +5,536
88 DAVENPORT & Co LLC 0.02% of their portfolio RICHMOND, VA 58,75458.8k $2.7m $2.7m 0.02% Added +12.3k +12,296
89 McNaughton Wealth Management, LLC 1.60% of their portfolio SAN DIEGO, CA 58,75258.8k $2.7m $2.7m 1.60% Added +2.6k +2,646
90 Apollon Wealth Management, LLC 0.09% of their portfolio MOUNT PLEASANT, SC 57,53957.5k $2.7m $2.7m 0.09% Added +7.3k +7,345
91 Oder Investment Management, LLC 2.60% of their portfolio WOODLAND HILLS, CA 57,04657.0k $2.6m $2.6m 2.60% Added +1.7k +1,671
92 Kovack Advisors, Inc. 0.31% of their portfolio FT. LAUDERDALE, FL 56,90056.9k $2.6m $2.6m 0.31% Reduced -118 -118
93 First Heartland Consultants, Inc. 0.30% of their portfolio LAKE ST. LOUIS, MO 54,17154.2k $2.5m $2.5m 0.30% Reduced -1.8k -1,809
94 Western Wealth Management, LLC 0.18% of their portfolio GOLDEN, CO 53,92353.9k $2.5m $2.5m 0.18% Added +4.3k +4,281
95 INDEPENDENT FINANCIAL GROUP, LLC 0.13% of their portfolio SAN DIEGO, CA 53,81853.8k $2.5m $2.5m 0.13% Added +7.1k +7,139
96 Blackhawk Capital Partners, LLC 1.65% of their portfolio THIENSVILLE, WI 52,98453.0k $2.4m $2.4m 1.65% Added +105 +105
97 TWIN PEAKS WEALTH ADVISORS, LLC 1.56% of their portfolio SAN FRANCISCO, CA 52,95353.0k $2.4m $2.4m 1.56% First filing
98 Trinity Legacy Partners, LLC 0.76% of their portfolio HOUSTON, TX 52,31752.3k $2.4m $2.4m 0.76% Added +26.8k +26,832
99 Concurrent Investment Advisors, LLC 0.11% of their portfolio Tampa, FL 51,64551.6k $2.4m $2.4m 0.11% First filing
100 Fiduciary Trust Co 0.04% of their portfolio Boston, MA 51,35851.4k $2.4m $2.4m 0.04% New