Vault-13

FIRST TR EXCHANGE-TRADED FD FTSL

SENIOR LN FD · ETP · CUSIP 33738D309

316 institutional holders -11 vs Q4 2023
42,748,81342.7m shares reported held*
$2.0bnreported value*
26 new 122 added 136 reduced 33 sold out net bought ≈ $143.7m (+3.6m 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 ($461.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.70. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 324Q4 22: 333Q1 23: 313Q2 23: 302Q3 23: 300Q4 23: 327Q1 24: 316316Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022324
Q4 2022333
Q1 2023313
Q2 2023302
Q3 2023300
Q4 2023327
Q1 2024316

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 23Q1 24: 148 bought or addedQ1 24: 169 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022144178
Q1 2023136193
Q2 2023124171
Q3 2023145154
Q4 2023142147
Q1 2024148169

Biggest buyers

MORGAN STANLEY Added +6,384,090+6.4m
NorthCoast Asset Management LLC New +478,575+478.6k
Global Assets Advisory, LLC Added +465,806+465.8k
FIRST TRUST ADVISORS LP Added +266,496+266.5k
Cetera Investment Advisers Added +261,397+261.4k
One Capital Management, LLC Added +205,823+205.8k
LPL Financial LLC Added +204,759+204.8k
ENVESTNET ASSET MANAGEMENT INC Added +155,896+155.9k
Hikari Tsushin, Inc. Added +155,764+155.8k
TrueWealth Advisors, LLC Added +68,064+68.1k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -1,418,186-1.4m
JANE STREET GROUP, LLC Reduced -1,237,293-1.2m
Wagner Wealth Management, LLC Reduced -1,044,229-1.0m
ROYAL BANK OF CANADA Reduced -202,633-202.6k
Raymond James Financial Services Advisors, Inc. Reduced -167,523-167.5k
AXXCESS WEALTH MANAGEMENT, LLC Sold out -153,025-153.0k
Cetera Advisor Networks LLC Sold out -149,259-149.3k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -138,680-138.7k
COTTONWOOD CAPITAL ADVISORS, LLC Sold out -86,282-86.3k
UBS Group AG Reduced -82,803-82.8k

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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 13,488,15613.5m $623.3m $623.3m 0.02% Added +6.4m +6,384,090
2 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 2,512,1662.5m $116.1m $116.1m 0.06% Added +204.8k +204,759
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,960,8792.0m $90.6m $90.6m 0.01% Reduced -1.4m -1,418,186
4 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,919,4251.9m $88.7m $88.7m 0.02% Reduced -202.6k -202,633
5 One Capital Management, LLC 2.18% of their portfolio WESTLAKE VILLAGE, CA 1,301,1501.3m $60.1m $60.1m 2.18% Added +205.8k +205,823
6 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,291,6871.3m $59.7m $59.7m 0.02% Reduced -82.8k -82,803
7 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,268,5741.3m $58.6m $58.6m 0.02% Added +62.6k +62,623
8 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 934,778934.8k $43.2m $43.2m 0.04% Added +266.5k +266,496
9 Raymond James Financial Services Advisors, Inc. 0.05% of their portfolio ST. PETERSBURG, FL 753,742753.7k $34.8m $34.8m 0.05% Reduced -167.5k -167,523
10 Flaharty Asset Management, LLC 5.00% of their portfolio CLEARWATER, FL 728,531728.5k $33.7m $33.7m 5.00% Reduced -54.3k -54,325
11 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 714,363714.4k $33.0m $33.0m 0.07% Added +4.6k +4,634
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 655,019655.0k $30.3m $30.3m 0.01% Added +155.9k +155,896
13 Welch & Forbes LLC 0.38% of their portfolio Boston, MA 604,916604.9k $28.0m $28.0m 0.38% Added +40.7k +40,709
14 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 501,176501.2k $23.2m $23.2m 0.02% Added +18.7k +18,725
15 NorthCoast Asset Management LLC 0.28% of their portfolio STAMFORD, CT 478,575478.6k $22.1m $22.1m 0.28% New
16 Global Assets Advisory, LLC 0.40% of their portfolio ORLANDO, FL 476,116476.1k $10.3k $10.3k 0.40% Added +465.8k +465,806
17 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 469,100469.1k $21.7m $21.7m 0.03% Reduced -30.8k -30,800
18 TL Private Wealth 10.61% of their portfolio SOUTHLAKE, TX 464,284464.3k $21.5m $21.5m 10.61% Added +21.1k +21,097
19 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 430,132430.1k $19.9m $19.9m 0.02% Added +49.4k +49,418
20 Hikari Tsushin, Inc. 1.33% of their portfolio TOKYO, M0 363,055363.1k $16.8m $16.8m 1.33% Added +155.8k +155,764
21 CWM, LLC 0.08% of their portfolio OMAHA, NE 343,890343.9k $15.9m $15.9m 0.08% Added +56.4k +56,388
22 Kestra Advisory Services, LLC 0.11% of their portfolio AUSTIN, TX 342,805342.8k $15.8m $15.8m 0.11% Reduced -5.2k -5,191
23 Cyndeo Wealth Partners, LLC 1.31% of their portfolio ST. PETERSBURG, FL 340,080340.1k $15.7m $15.7m 1.31% Added +8.7k +8,653
24 Virtue Capital Management, LLC 2.80% of their portfolio BRENTWOOD, TN 337,682337.7k $15.6m $15.6m 2.80% Reduced -65.2k -65,209
25 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 323,042323.0k $14.9m $14.9m 0.04% Added +261.4k +261,397
26 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 271,735271.7k $12.6m $12.6m 0.02% Added +35.7k +35,745
27 Tower Wealth Partners, Inc. 5.93% of their portfolio LEWISBURG, PA 197,725197.7k $9.1m $9.1m 5.93% Added +5.8k +5,819
28 NewEdge Advisors, LLC 0.08% of their portfolio NEW ORLEANS, LA 195,501195.5k $9.0m $9.0m 0.08% Added +16.0k +15,975
29 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 188,331188.3k $8.7m $8.7m 0.03% Reduced -52.2k -52,193
30 Cherry Creek Investment Advisors, Inc. 4.60% of their portfolio ENGLEWOOD, CO 183,863183.9k $8.5m $8.5m 4.60% Added +5.4k +5,415
31 Presidio Capital Management, LLC 6.00% of their portfolio SAN DIEGO, CA 178,060178.1k $8.2m $8.2m 6.00% Added +22.3k +22,273
32 RFG Advisory, LLC 0.26% of their portfolio BIRMINGHAM, AL 165,796165.8k $7.7m $7.7m 0.26% Added +12.1k +12,075
33 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 162,776162.8k $7.5m $7.5m 0.01% Reduced -1.2m -1,237,293
34 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 153,859153.9k $7.1m $7.1m 0.01% Reduced -138.7k -138,680
35 Nilsine Partners, LLC 0.92% of their portfolio GREENWOOD VILLAGE, CO 145,187145.2k $6.7m $6.7m 0.92% Added +3.1k +3,084
36 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.20% of their portfolio Seattle, WA 137,817137.8k $6.4m $6.4m 0.20% Reduced -8.5k -8,541
37 Chicago Partners Investment Group LLC 0.27% of their portfolio CHICAGO, IL 137,423137.4k $6.3m $6.3m 0.27% Added +8.8k +8,818
38 LAKE STREET PRIVATE WEALTH, LLC 0.85% of their portfolio CHICAGO, IL 133,265133.3k $6.2m $6.2m 0.85% Added +6.4k +6,413
39 Little Harbor Advisors, LLC 4.10% of their portfolio MARBLEHEAD, MA 132,551132.6k $6.1m $6.1m 4.10% Reduced -2.7k -2,651
40 Lokken Investment Group LLC 2.93% of their portfolio LEWES, DE 127,409127.4k $5.9m $5.9m 2.93% Reduced -1.4k -1,391
41 RiverTree Advisors, LLC 3.95% of their portfolio WINTER PARK, FL 127,153127.2k $5.9m $5.9m 3.95% Reduced -470 -470
42 RPg Family Wealth Advisory, LLC 1.81% of their portfolio BURLINGTON, MA 123,616123.6k $5.7m $5.7m 1.81% Added +5.7k +5,741
43 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 123,596123.6k $5.7m $5.7m 0.02% Reduced -30.7k -30,736
44 Prospera Financial Services Inc 0.17% of their portfolio Dallas, TX 123,511123.5k $5.7m $5.7m 0.17% Reduced -5.9k -5,861
45 Accel Wealth Management 2.40% of their portfolio WAVERLY, IA 122,477122.5k $5.7m $5.7m 2.40% Added +70 +70
46 Steward Partners Investment Advisory, LLC 0.06% of their portfolio STAMFORD, CT 120,201120.2k $5.6m $5.6m 0.06% Added +16.1k +16,112
47 Midwest Heritage Bank, FSB 2.82% of their portfolio WEST DES MOINES, IA 115,951116.0k $5.4m $5.4m 2.82% Added +18.3k +18,315
48 U.S. Capital Wealth Advisors, LLC 0.21% of their portfolio AUSTIN, TX 115,786115.8k $5.4m $5.4m 0.21% Added +33.2k +33,185
49 Clear Creek Financial Management, LLC 0.68% of their portfolio SILVERDALE, WA 115,393115.4k $5.3m $5.3m 0.68% Added +54.9k +54,934
50 Asset Allocation Strategies LLC 1.80% of their portfolio FARMINGTON, MI 110,343110.3k $5.1m $5.1m 1.80% Added +3.5k +3,523
51 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 103,314103.3k $4.8m $4.8m 0.01% Reduced -3.9k -3,880
52 Mariner, LLC 0.01% of their portfolio Overland Park, KS 100,887100.9k $4.7m $4.7m 0.01% Added +10.3k +10,286
53 Coppell Advisory Solutions Corp. 0.87% of their portfolio COPPELL, TX 100,006100.0k $4.6m $4.6m 0.87% First filing
54 Adams Wealth Management 1.10% of their portfolio LOGAN, UT 97,88797.9k $4.5m $4.5m 1.10% Added +15.4k +15,418
55 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 94,80794.8k $4.4m $4.4m 0.01% Added +401 +401
56 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 89,71489.7k $4.1m $4.1m 0.01% Reduced -29.1k -29,056
57 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 87,29687.3k $4.0m $4.0m 0.00% Added +17.1k +17,106
58 Sowell Financial Services LLC 0.18% of their portfolio NORTH LITTLE ROCK, AR 83,02583.0k $3.8m $3.8m 0.18% Reduced -49.6k -49,608
59 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 82,64282.6k $3.8m $3.8m 0.02% Reduced -7.9k -7,873
60 TrueWealth Advisors, LLC 1.47% of their portfolio BIRMINGHAM, AL 82,49682.5k $3.8m $3.8m 1.47% Added +68.1k +68,064
61 Integrity Financial Corp /WA 2.48% of their portfolio JACKSON, WY 78,10978.1k $3.6m $3.6m 2.48% Added +7.3k +7,280
62 Integrated Advisors Network LLC 0.18% of their portfolio DALLAS, TX 77,79477.8k $3.6m $3.6m 0.18% Added +703 +703
63 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 77,03277.0k $3.6m $3.6m 0.00% Reduced -622 -622
64 J.W. COLE ADVISORS, INC. 0.18% of their portfolio TAMPA, FL 76,43276.4k $3.5m $3.5m 0.18% Reduced -6.5k -6,507
65 Gladstone Institutional Advisory LLC 0.19% of their portfolio Bedminster, NJ 76,05276.1k $3.5m $3.5m 0.19% Reduced -4.8k -4,757
66 Colorado Capital Management, Inc. 2.00% of their portfolio BOULDER, CO 74,89874.9k $3.5m $3.5m 2.00% Reduced -8.7k -8,682
67 Aspen Investment Management Inc 1.75% of their portfolio GRAND RAPIDS, MI 74,73074.7k $3.5m $3.5m 1.75% Reduced -13.2k -13,244
68 AVANTAX ADVISORY SERVICES, INC. 0.03% of their portfolio DALLAS, TX 74,55874.6k $3.4m $3.4m 0.03% Reduced -935 -935
69 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.29% of their portfolio CEDAR RAPIDS, IA 73,58473.6k $3.4m $3.4m 0.29% Added +4.7k +4,694
70 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 72,73972.7k $3.4m $3.4m 0.02% Reduced -27.5k -27,545
71 Aurora Private Wealth, Inc. 2.88% of their portfolio ROCKAWAY, NJ 72,16672.2k $3.3m $3.3m 2.88% Added +8.1k +8,115
72 TRUSTMARK BANK TRUST DEPARTMENT 0.26% of their portfolio JACKSON, MS 70,00070.0k $3.2m $3.2m 0.26% Unchanged
73 DAVENPORT & Co LLC 0.02% of their portfolio RICHMOND, VA 69,44969.4k $3.2m $3.2m 0.02% Added +10.7k +10,695
74 Kovack Advisors, Inc. 0.37% of their portfolio FT. LAUDERDALE, FL 66,76066.8k $3.1m $3.1m 0.37% Added +9.9k +9,860
75 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 66,31466.3k $3.1m $3.1m 0.01% Reduced -1.2k -1,197
76 Philip James Wealth Mangement, LLC 2.15% of their portfolio MILTON, GA 65,80865.8k $3.0m $3.0m 2.15% Added +3.0k +3,010
77 Concurrent Investment Advisors, LLC 0.12% of their portfolio Tampa, FL 62,52862.5k $2.9m $2.9m 0.12% Added +10.9k +10,883
78 Trivium Point Advisory, LLC 0.62% of their portfolio WILTON, CT 62,15462.2k $2.9m $2.9m 0.62% Reduced -2.6k -2,598
79 McNaughton Wealth Management, LLC 1.58% of their portfolio SAN DIEGO, CA 61,62461.6k $2.8m $2.8m 1.58% Added +2.9k +2,872
80 American Financial Advisors, LLC 0.40% of their portfolio Marietta, GA 61,59761.6k $2.8m $2.8m 0.40% Reduced -1.3k -1,259
81 COMERICA BANK 0.01% of their portfolio DALLAS, TX 61,13261.1k $2.8m $2.8m 0.01% Reduced -10.6k -10,573
82 Wagner Wealth Management, LLC 0.84% of their portfolio GREENVILLE, SC 59,64459.6k $2.8m $2.8m 0.84% Reduced -1.0m -1,044,229
83 Oder Investment Management, LLC 2.51% of their portfolio WOODLAND HILLS, CA 58,28058.3k $2.7m $2.7m 2.51% Added +1.2k +1,234
84 PRUDENTIAL PLC 0.02% of their portfolio LONDON, X0 57,65057.6k $2.7m $2.7m 0.02% Reduced -8.6k -8,550
85 Financial Enhancement Group LLC 0.43% of their portfolio ANDERSON, IN 56,10056.1k $2.6m $2.6m 0.43% Reduced -11.2k -11,174
86 Atria Wealth Solutions, Inc. 0.03% of their portfolio NEW YORK, NY 55,38555.4k $2.6m $2.6m 0.03% Added +6.8k +6,805
87 First Heartland Consultants, Inc. 0.26% of their portfolio LAKE ST. LOUIS, MO 54,22054.2k $2.5m $2.5m 0.26% Added +49 +49
88 B. Riley Wealth Advisors, Inc. 0.07% of their portfolio MEMPHIS, TN 52,97353.0k $2.4m $2.4m 0.07% Added +2.1k +2,140
89 DHK Financial Advisors, Inc. 1.71% of their portfolio PORTSMOUTH, NH 52,40252.4k $2.4m $2.4m 1.71% Added +1.2k +1,244
90 OneDigital Investment Advisors LLC 0.04% of their portfolio OVERLAND PARK, KS 52,39952.4k $2.4m $2.4m 0.04% Added +2.5k +2,465
91 Blackhawk Capital Partners, LLC 1.50% of their portfolio THIENSVILLE, WI 52,11952.1k $2.4m $2.4m 1.50% Reduced -865 -865
92 HARBOUR INVESTMENTS, INC. 0.08% of their portfolio MADISON, WI 51,57851.6k $2.4m $2.4m 0.08% Reduced -29.1k -29,127
93 FLAGSTAR SECURITIES, INC 0.65% of their portfolio New York, NY 50,80850.8k $2.3m $2.3m 0.65% Reduced -11.1k -11,130
94 Kingsview Wealth Management, LLC 0.06% of their portfolio GRANTS PASS, OR 50,43450.4k $2.3m $2.3m 0.06% Added +1.4k +1,417
95 Trinity Legacy Partners, LLC 0.68% of their portfolio HOUSTON, TX 49,91749.9k $2.3m $2.3m 0.68% Reduced -2.4k -2,400
96 INDEPENDENT FINANCIAL GROUP, LLC 0.11% of their portfolio SAN DIEGO, CA 49,91049.9k $2.3m $2.3m 0.11% Reduced -3.9k -3,908
97 Harvest Investment Services, LLC 0.88% of their portfolio Oakbrook Terrace, IL 47,40947.4k $2.2m $2.2m 0.88% Added +10.3k +10,283
98 SAXON INTERESTS, INC. 1.04% of their portfolio HOUSTON, TX 47,04247.0k $2.2m $2.2m 1.04% Reduced -900 -900
99 TWIN PEAKS WEALTH ADVISORS, LLC 1.18% of their portfolio SAN FRANCISCO, CA 46,01446.0k $2.1m $2.1m 1.18% Reduced -6.9k -6,939
100 Private Portfolio Partners LLC 0.44% of their portfolio PARAMUS, NJ 45,77945.8k $2.1m $2.1m 0.44% Added +2.0k +2,012