Vault-13

FIRST TR EXCHANGE-TRADED FD FTSL

SENIOR LN FD · ETP · CUSIP 33738D309

333 institutional holders +17 vs Q1 2024
34,693,74334.7m shares reported held*
$1.6bnreported value*
40 new 148 added 102 reduced 26 sold out net sold ≈ $353.1m (-8.2m 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.72. Options: 2 managers hold calls ($58.0k notional), 0 hold puts (—).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 324Q4 22: 333Q1 23: 313Q2 23: 302Q3 23: 300Q4 23: 327Q1 24: 316Q2 24: 333333Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022324
Q4 2022333
Q1 2023313
Q2 2023302
Q3 2023300
Q4 2023327
Q1 2024316
Q2 2024333

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 outQ2 23: 124 bought or addedQ2 23: 171 cut or sold outQ2 23Q3 23: 145 bought or addedQ3 23: 154 cut or sold outQ4 23: 142 bought or addedQ4 23: 147 cut or sold outQ4 23Q1 24: 148 bought or addedQ1 24: 169 cut or sold outQ2 24: 188 bought or addedQ2 24: 128 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022144178
Q1 2023136193
Q2 2023124171
Q3 2023145154
Q4 2023142147
Q1 2024148169
Q2 2024188128

Calls vs puts

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

CallsPuts
$0$20k$40k$60kQ3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —Q1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $58.0kQ2 24 puts: $0Q2 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2023$0$0—
Q4 2023$0$0—
Q1 2024$0$0—
Q2 2024$58.0k$00.00

Biggest buyers

FIRST TRUST ADVISORS LP Added +199,958+200.0k
Raymond James Financial Services Advisors, Inc. Added +166,180+166.2k
Brookstone Capital Management Added +153,639+153.6k
Hikari Tsushin, Inc. Added +146,779+146.8k
Relative Value Partners Group, LLC New +135,934+135.9k
Friedenthal Financial New +93,894+93.9k
WELLS FARGO & COMPANY/MN Added +77,292+77.3k
Prospera Financial Services Inc Added +76,967+77.0k
EXENCIAL WEALTH ADVISORS, LLC Added +75,178+75.2k
ENVESTNET ASSET MANAGEMENT INC Added +73,314+73.3k

Biggest sellers

MORGAN STANLEY Reduced -8,829,862-8.8m
Global Assets Advisory, LLC Sold out -476,116-476.1k
LPL Financial LLC Reduced -372,139-372.1k
RENAISSANCE TECHNOLOGIES LLC Reduced -331,500-331.5k
UBS Group AG Reduced -140,394-140.4k
OSAIC HOLDINGS, INC. Reduced -118,775-118.8k
AMERIPRISE FINANCIAL INC Sold out -77,032-77.0k
JANE STREET GROUP, LLC Reduced -61,690-61.7k
Philip James Wealth Mangement, LLC Reduced -53,456-53.5k
BANK OF AMERICA CORP /DE/ Reduced -52,105-52.1k

Biggest calls

SIMPLEX TRADING, LLC New $58.0k2.0k shares
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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,658,2944.7m $212.9m $212.9m 0.02% Reduced -8.8m -8,829,862
2 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 2,140,0272.1m $97.8m $97.8m 0.05% Reduced -372.1k -372,139
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,908,7741.9m $87.3m $87.3m 0.01% Reduced -52.1k -52,105
4 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,887,4311.9m $86.3m $86.3m 0.02% Reduced -32.0k -31,994
5 One Capital Management, LLC 2.12% of their portfolio WESTLAKE VILLAGE, CA 1,362,0591.4m $62.3m $62.3m 2.12% Added +60.9k +60,909
6 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,345,8661.3m $61.5m $61.5m 0.02% Added +77.3k +77,292
7 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,151,2931.2m $52.6m $52.6m 0.02% Reduced -140.4k -140,394
8 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 1,134,7361.1m $51.9m $51.9m 0.05% Added +200.0k +199,958
9 Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio ST. PETERSBURG, FL 919,922919.9k $42.0m $42.0m 0.06% Added +166.2k +166,180
10 Flaharty Asset Management, LLC 5.01% of their portfolio CLEARWATER, FL 741,326741.3k $33.9m $33.9m 5.01% Added +12.8k +12,795
11 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 728,333728.3k $33.3m $33.3m 0.01% Added +73.3k +73,314
12 Welch & Forbes LLC 0.38% of their portfolio Boston, MA 616,140616.1k $28.3m $28.3m 0.38% Added +11.2k +11,224
13 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 595,588595.6k $27.2m $27.2m 0.06% Reduced -118.8k -118,775
14 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 519,224519.2k $23.7m $23.7m 0.02% Added +18.0k +18,048
15 NorthCoast Asset Management LLC 0.20% of their portfolio STAMFORD, CT 518,006518.0k $23.7m $23.7m 0.20% Added +39.4k +39,431
16 Hikari Tsushin, Inc. 1.80% of their portfolio TOKYO, M0 509,834509.8k $23.3m $23.3m 1.80% Added +146.8k +146,779
17 TL Private Wealth 9.68% of their portfolio SOUTHLAKE, TX 464,323464.3k $21.4m $21.4m 9.68% Added +39 +39
18 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 452,807452.8k $20.7m $20.7m 0.02% Added +22.7k +22,675
19 Virtue Capital Management, LLC 3.07% of their portfolio BRENTWOOD, TN 390,158390.2k $17.9m $17.9m 3.07% Added +52.5k +52,476
20 CWM, LLC 0.08% of their portfolio OMAHA, NE 386,858386.9k $17.7m $17.7m 0.08% Added +43.0k +42,968
21 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 357,451357.5k $16.3m $16.3m 0.09% Added +14.6k +14,646
22 Cyndeo Wealth Partners, LLC 1.25% of their portfolio ST. PETERSBURG, FL 349,387349.4k $16.0m $16.0m 1.25% Added +9.3k +9,307
23 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 328,354328.4k $15.0m $15.0m 0.03% Added +5.3k +5,312
24 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 277,012277.0k $12.7m $12.7m 0.02% Added +5.3k +5,277
25 Tower Wealth Partners, Inc. 6.54% of their portfolio LEWISBURG, PA 231,566231.6k $10.6m $10.6m 6.54% Added +33.8k +33,841
26 NewEdge Advisors, LLC 0.08% of their portfolio NEW ORLEANS, LA 229,595229.6k $10.5m $10.5m 0.08% Added +34.1k +34,094
27 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 225,543225.5k $10.3m $10.3m 0.04% Added +37.2k +37,212
28 Prospera Financial Services Inc 0.25% of their portfolio Dallas, TX 200,478200.5k $9.2m $9.2m 0.25% Added +77.0k +76,967
29 Cherry Creek Investment Advisors, Inc. 4.35% of their portfolio ENGLEWOOD, CO 182,386182.4k $8.3m $8.3m 4.35% Reduced -1.5k -1,477
30 Presidio Capital Management, LLC 5.78% of their portfolio SAN DIEGO, CA 180,792180.8k $8.3m $8.3m 5.78% Added +2.7k +2,732
31 RFG Advisory, LLC 0.26% of their portfolio BIRMINGHAM, AL 177,897177.9k $8.1m $8.1m 0.26% Added +12.1k +12,101
32 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 165,940165.9k $7.6m $7.6m 0.01% Added +12.1k +12,081
33 Brookstone Capital Management 0.13% of their portfolio WHEATON, IL 165,350165.3k $7.6m $7.6m 0.13% Added +153.6k +153,639
34 Nilsine Partners, LLC 0.91% of their portfolio GREENWOOD VILLAGE, CO 148,098148.1k $6.8m $6.8m 0.91% Added +2.9k +2,911
35 Chicago Partners Investment Group LLC 0.25% of their portfolio CHICAGO, IL 143,199143.2k $6.6m $6.6m 0.25% Added +5.8k +5,776
36 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 137,600137.6k $6.3m $6.3m 0.01% Reduced -331.5k -331,500
37 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.19% of their portfolio Seattle, WA 136,735136.7k $6.3m $6.3m 0.19% Reduced -1.1k -1,082
38 Relative Value Partners Group, LLC 0.80% of their portfolio NORTHBROOK, IL 135,934135.9k $6.2m $6.2m 0.80% New
39 LAKE STREET PRIVATE WEALTH, LLC 0.80% of their portfolio CHICAGO, IL 135,934135.9k $6.2m $6.2m 0.80% Added +2.7k +2,669
40 Little Harbor Advisors, LLC 3.91% of their portfolio MARBLEHEAD, MA 132,551132.6k $6.1m $6.1m 3.91% Unchanged
41 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 130,137130.1k $6.0m $6.0m 0.01% Added +26.8k +26,823
42 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 128,847128.8k $5.9m $5.9m 0.02% Added +5.3k +5,251
43 RiverTree Advisors, LLC 3.93% of their portfolio WINTER PARK, FL 125,714125.7k $5.7m $5.7m 3.93% Reduced -1.4k -1,439
44 Lokken Investment Group LLC 2.70% of their portfolio LEWES, DE 125,414125.4k $5.7m $5.7m 2.70% Reduced -2.0k -1,995
45 Steward Partners Investment Advisory, LLC 0.06% of their portfolio STAMFORD, CT 125,309125.3k $5.7m $5.7m 0.06% Added +5.1k +5,108
46 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 124,979125.0k $5.7m $5.7m 0.01% Added +30.2k +30,172
47 Midwest Heritage Bank, FSB 2.80% of their portfolio WEST DES MOINES, IA 121,430121.4k $5.6m $5.6m 2.80% Added +5.5k +5,479
48 Concurrent Investment Advisors, LLC 0.18% of their portfolio Tampa, FL 120,721120.7k $5.5m $5.5m 0.18% Added +58.2k +58,193
49 RPg Family Wealth Advisory, LLC 1.80% of their portfolio BURLINGTON, MA 120,062120.1k $5.5m $5.5m 1.80% Reduced -3.6k -3,554
50 Accel Wealth Management 2.13% of their portfolio WAVERLY, IA 116,479116.5k $5.3m $5.3m 2.13% Reduced -6.0k -5,998
51 Clear Creek Financial Management, LLC 0.64% of their portfolio SILVERDALE, WA 115,644115.6k $5.3m $5.3m 0.64% Added +251 +251
52 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 113,606113.6k $5.2m $5.2m 0.00% Added +26.3k +26,310
53 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 111,418111.4k $5.1m $5.1m 0.01% Added +21.7k +21,704
54 Asset Allocation Strategies LLC 1.65% of their portfolio FARMINGTON, MI 107,080107.1k $4.9m $4.9m 1.65% Reduced -3.3k -3,263
55 Adams Wealth Management 1.11% of their portfolio LOGAN, UT 105,144105.1k $4.8m $4.8m 1.11% Added +7.3k +7,257
56 CacheTech Inc. 1.11% of their portfolio LOGAN, UT 105,144105.1k $4.8m $4.8m 1.11% First filing
57 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 101,086101.1k $4.6m $4.6m 0.01% Reduced -61.7k -61,690
58 Mariner, LLC 0.01% of their portfolio Overland Park, KS 100,273100.3k $4.6m $4.6m 0.01% Reduced -614 -614
59 EXENCIAL WEALTH ADVISORS, LLC 0.17% of their portfolio OKLAHOMA CITY, OK 98,80598.8k $4.5m $4.5m 0.17% Added +75.2k +75,178
60 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 95,69495.7k $4.4m $4.4m 0.02% Added +13.1k +13,052
61 Atria Wealth Solutions, Inc. 0.05% of their portfolio NEW YORK, NY 94,04794.0k $4.3m $4.3m 0.05% Added +38.7k +38,662
62 Friedenthal Financial 2.68% of their portfolio MARLTON, NJ 93,89493.9k $4.3m $4.3m 2.68% New
63 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 92,44792.4k $4.3m $4.3m 0.03% First filing
64 TRUSTMARK BANK TRUST DEPARTMENT 0.31% of their portfolio JACKSON, MS 85,00085.0k $3.9m $3.9m 0.31% Added +15.0k +15,000
65 Integrity Financial Corp /WA 2.40% of their portfolio JACKSON, WY 84,04184.0k $3.8m $3.8m 2.40% Added +5.9k +5,932
66 Pine Valley Investments Ltd Liability Co 0.28% of their portfolio MARLTON, NJ 83,37283.4k $3.8m $3.8m 0.28% Added +69.6k +69,569
67 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.31% of their portfolio CEDAR RAPIDS, IA 82,80782.8k $3.8m $3.8m 0.31% Added +9.2k +9,223
68 AVANTAX ADVISORY SERVICES, INC. 0.03% of their portfolio DALLAS, TX 81,81981.8k $3.7m $3.7m 0.03% Added +7.3k +7,261
69 DAVENPORT & Co LLC 0.02% of their portfolio RICHMOND, VA 80,37480.4k $3.7m $3.7m 0.02% Added +10.9k +10,925
70 TrueWealth Advisors, LLC 1.32% of their portfolio BIRMINGHAM, AL 78,14978.1k $3.6m $3.6m 1.32% Reduced -4.3k -4,347
71 Colorado Capital Management, Inc. 1.97% of their portfolio BOULDER, CO 77,28577.3k $3.5m $3.5m 1.97% Added +2.4k +2,387
72 Integrated Advisors Network LLC 0.18% of their portfolio DALLAS, TX 76,97177.0k $3.5m $3.5m 0.18% Reduced -823 -823
73 Coppell Advisory Solutions LLC 0.57% of their portfolio COPPELL, TX 76,04576.0k $3.5m $3.5m 0.57% First filing
74 Aurora Private Wealth, Inc. 2.99% of their portfolio ROCKAWAY, NJ 74,63674.6k $3.4m $3.4m 2.99% Added +2.5k +2,470
75 U.S. Capital Wealth Advisors, LLC 0.13% of their portfolio AUSTIN, TX 73,94573.9k $3.4m $3.4m 0.13% Reduced -41.8k -41,841
76 J.W. COLE ADVISORS, INC. 0.16% of their portfolio TAMPA, FL 72,74372.7k $3.3m $3.3m 0.16% Reduced -3.7k -3,689
77 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 72,17372.2k $3.3m $3.3m 0.02% Reduced -566 -566
78 SageView Advisory Group, LLC 0.15% of their portfolio Newport Beach, CA 70,75570.8k $3.2m $3.2m 0.15% New
79 Aspen Investment Management Inc 1.61% of their portfolio GRAND RAPIDS, MI 70,52470.5k $3.2m $3.2m 1.61% Reduced -4.2k -4,206
80 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 69,66469.7k $3.2m $3.2m 0.01% Added +3.4k +3,350
81 McNaughton Wealth Management, LLC 1.61% of their portfolio SAN DIEGO, CA 66,57966.6k $3.0m $3.0m 1.61% Added +5.0k +4,955
82 Kovack Advisors, Inc. 0.33% of their portfolio FT. LAUDERDALE, FL 65,66765.7k $3.0m $3.0m 0.33% Reduced -1.1k -1,093
83 Sowell Financial Services LLC 0.14% of their portfolio NORTH LITTLE ROCK, AR 62,53562.5k $2.9m $2.9m 0.14% Reduced -20.5k -20,490
84 Trivium Point Advisory, LLC 0.42% of their portfolio WILTON, CT 61,23661.2k $2.8m $2.8m 0.42% Reduced -918 -918
85 Oder Investment Management, LLC 2.48% of their portfolio WOODLAND HILLS, CA 59,90459.9k $2.7m $2.7m 2.48% Added +1.6k +1,624
86 TWIN PEAKS WEALTH ADVISORS, LLC 1.28% of their portfolio SAN FRANCISCO, CA 56,23856.2k $2.6m $2.6m 1.28% Added +10.2k +10,224
87 PRUDENTIAL PLC 0.02% of their portfolio LONDON, X0 56,20056.2k $2.6m $2.6m 0.02% Reduced -1.4k -1,450
88 B. Riley Wealth Advisors, Inc. 0.07% of their portfolio MEMPHIS, TN 55,93655.9k $2.6m $2.6m 0.07% Added +3.0k +2,963
89 Gladstone Institutional Advisory LLC 0.13% of their portfolio Bedminster, NJ 55,23155.2k $2.5m $2.5m 0.13% Reduced -20.8k -20,821
90 MILESTONE ASSET MANAGEMENT, LLC 0.63% of their portfolio PITTSBURGH, PA 54,66254.7k $2.5m $2.5m 0.63% New
91 FLAGSTAR SECURITIES, INC 0.68% of their portfolio New York, NY 54,62854.6k $2.5m $2.5m 0.68% Added +3.8k +3,820
92 First Heartland Consultants, Inc. 0.25% of their portfolio LAKE ST. LOUIS, MO 54,39154.4k $2.5m $2.5m 0.25% Added +171 +171
93 Wagner Wealth Management, LLC 0.74% of their portfolio GREENVILLE, SC 54,31754.3k $2.5m $2.5m 0.74% Reduced -5.3k -5,327
94 Blackhawk Capital Partners, LLC 1.50% of their portfolio THIENSVILLE, WI 54,29854.3k $2.5m $2.5m 1.50% Added +2.2k +2,179
95 COMERICA BANK 0.01% of their portfolio DALLAS, TX 54,29554.3k $2.5m $2.5m 0.01% Reduced -6.8k -6,837
96 American Financial Advisors, LLC 0.35% of their portfolio Marietta, GA 53,90653.9k $2.5m $2.5m 0.35% Reduced -7.7k -7,691
97 DHK Financial Advisors, Inc. 1.70% of their portfolio PORTSMOUTH, NH 53,40753.4k $2.4m $2.4m 1.70% Added +1.0k +1,005
98 Private Advisory Group LLC 0.32% of their portfolio REDMOND, WA 52,75052.8k $2.4m $2.4m 0.32% New
99 OneDigital Investment Advisors LLC 0.03% of their portfolio OVERLAND PARK, KS 52,69952.7k $2.4m $2.4m 0.03% Added +300 +300
100 Visionary Wealth Advisors 0.16% of their portfolio O'FALLON, IL 52,59452.6k $2.4m $2.4m 0.16% New