Vault-13

FIRST TR EXCHANGE-TRADED FD FTSL

SENIOR LN FD · ETP · CUSIP 33738D309

355 institutional holders +32 vs Q3 2024
34,694,45134.7m shares reported held*
$1.6bnreported value*
34 new 143 added 105 reduced 25 sold out net bought ≈ $69.1m (+1.2m 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 ($572.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.24. Options: 2 managers hold calls ($7.0k notional), 0 hold puts (—).

Trends to Q4 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: 333Q3 24: 323Q4 24: 355355Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022324
Q4 2022333
Q1 2023313
Q2 2023302
Q3 2023300
Q4 2023327
Q1 2024316
Q2 2024333
Q3 2024323
Q4 2024355

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 24Q3 24: 142 bought or addedQ3 24: 173 cut or sold outQ4 24: 177 bought or addedQ4 24: 130 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023136193
Q2 2023124171
Q3 2023145154
Q4 2023142147
Q1 2024148169
Q2 2024188128
Q3 2024142173
Q4 2024177130

Calls vs puts

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

CallsPuts
$0$20k$40k$60kQ1 24 calls: $0Q1 24 puts: $0Q1 24P/C —Q2 24 calls: $58.0kQ2 24 puts: $0Q2 24P/C 0.00Q3 24 calls: $9.0kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $7.0kQ4 24 puts: $0Q4 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2024$0$0—
Q2 2024$58.0k$00.00
Q3 2024$9.0k$00.00
Q4 2024$7.0k$00.00

Biggest buyers

MORGAN STANLEY Added +626,812+626.8k
LPL Financial LLC Added +369,005+369.0k
Ocean Park Asset Management, LLC New +296,600+296.6k
Integrated Wealth Concepts LLC Added +190,434+190.4k
WELLS FARGO & COMPANY/MN Added +148,507+148.5k
FIRST TRUST ADVISORS LP Added +140,722+140.7k
Capital Investment Counsel, LLC Added +133,813+133.8k
HARBOR ADVISORY CORP /MA/ Added +109,885+109.9k
Independent Advisor Alliance New +103,245+103.2k
OSAIC HOLDINGS, INC. Added +82,701+82.7k

Biggest sellers

INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Reduced -331,651-331.7k
TRUIST FINANCIAL CORP Reduced -312,657-312.7k
ENVESTNET ASSET MANAGEMENT INC Reduced -240,490-240.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -213,123-213.1k
OLD MISSION CAPITAL LLC Sold out -172,207-172.2k
JPMORGAN CHASE & CO Reduced -168,394-168.4k
ROYAL BANK OF CANADA Reduced -128,969-129.0k
JANE STREET GROUP, LLC Sold out -126,138-126.1k
UBS Group AG Reduced -100,305-100.3k
Midwest Heritage Bank, FSB Reduced -61,589-61.6k

Biggest calls

SIMPLEX TRADING, LLC Reduced $7.0k300 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,535,4844.5m $209.7m $209.7m 0.01% Added +626.8k +626,812
2 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,919,3811.9m $88.8m $88.8m 0.04% Added +369.0k +369,005
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,861,2531.9m $86.1m $86.1m 0.01% Added +72.2k +72,249
4 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,586,2371.6m $73.3m $73.3m 0.02% Reduced -129.0k -128,969
5 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,506,1821.5m $69.6m $69.6m 0.02% Added +148.5k +148,507
6 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,447,3021.4m $66.9m $66.9m 0.02% First filing
7 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 1,112,7641.1m $51.4m $51.4m 0.05% Added +140.7k +140,722
8 One Capital Management, LLC 1.56% of their portfolio WESTLAKE VILLAGE, CA 1,016,1601.0m $47.0m $47.0m 1.56% Added +19.5k +19,482
9 UBS Group AG 0.01% of their portfolio ZURICH, V8 886,374886.4k $41.0m $41.0m 0.01% Reduced -100.3k -100,305
10 Flaharty Asset Management, LLC 5.10% of their portfolio CLEARWATER, FL 755,299755.3k $34.9m $34.9m 5.10% Added +10.7k +10,700
11 Welch & Forbes LLC 0.38% of their portfolio Boston, MA 633,271633.3k $29.3m $29.3m 0.38% Added +10.6k +10,565
12 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 594,634594.6k $27.5m $27.5m 0.06% Added +82.7k +82,701
13 NorthCoast Asset Management LLC 0.13% of their portfolio STAMFORD, CT 583,989584.0k $27.0m $27.0m 0.13% Added +1.5k +1,516
14 Hikari Tsushin, Inc. 1.91% of their portfolio TOKYO, M0 570,196570.2k $26.4m $26.4m 1.91% Unchanged
15 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 569,098569.1k $26.3m $26.3m 0.01% Reduced -240.5k -240,490
16 TL Private Wealth 9.70% of their portfolio SOUTHLAKE, TX 466,873466.9k $21.7m $21.7m 9.70% Added +7.2k +7,189
17 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 437,112437.1k $20.2m $20.2m 0.02% Added +6.2k +6,182
18 Virtue Capital Management, LLC 3.98% of their portfolio BRENTWOOD, TN 427,308427.3k $19.8m $19.8m 3.98% Reduced -6.3k -6,282
19 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 379,121379.1k $17.5m $17.5m 0.06% Added +43.8k +43,777
20 Cyndeo Wealth Partners, LLC 1.15% of their portfolio ST. PETERSBURG, FL 368,041368.0k $17.0m $17.0m 1.15% Added +3.6k +3,647
21 CWM, LLC 0.06% of their portfolio OMAHA, NE 323,614323.6k $15.0m $15.0m 0.06% Reduced -15.7k -15,674
22 Ocean Park Asset Management, LLC 0.47% of their portfolio SANTA MONICA, CA 296,600296.6k $13.7m $13.7m 0.47% New
23 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 277,693277.7k $12.8m $12.8m 0.02% Added +36.9k +36,893
24 Capital Investment Counsel, LLC 2.12% of their portfolio DENVER, CO 274,218274.2k $12.7m $12.7m 2.12% Added +133.8k +133,813
25 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 265,088265.1k $12.3m $12.3m 0.03% Reduced -22.6k -22,627
26 Fairvoy Private Wealth, LLC 3.16% of their portfolio BIRMINGHAM, AL 257,116257.1k $11.9m $11.9m 3.16% First filing
27 Tower Wealth Partners, Inc. 6.00% of their portfolio LEWISBURG, PA 248,005248.0k $11.5m $11.5m 6.00% Added +14.4k +14,402
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 215,778215.8k $10.0m $10.0m 0.00% Reduced -168.4k -168,394
29 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 206,703206.7k $9.6m $9.6m 0.02% Added +71.8k +71,847
30 Integrated Wealth Concepts LLC 0.11% of their portfolio WALTHAM, MA 205,066205.1k $9.5m $9.5m 0.11% Added +190.4k +190,434
31 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 194,335194.3k $9.0m $9.0m 0.05% Reduced -19.6k -19,636
32 RFG Advisory, LLC 0.24% of their portfolio BIRMINGHAM, AL 179,988180.0k $8.3m $8.3m 0.24% Added +1.3k +1,341
33 Pine Valley Investments Ltd Liability Co 0.52% of their portfolio MARLTON, NJ 171,723171.7k $7.9m $7.9m 0.52% Added +34.5k +34,548
34 Nilsine Partners, LLC 0.82% of their portfolio GREENWOOD VILLAGE, CO 164,731164.7k $7.6m $7.6m 0.82% Added +13.9k +13,894
35 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 162,665162.7k $7.5m $7.5m 0.01% Added +12.3k +12,261
36 Adams Wealth Management 1.36% of their portfolio LOGAN, UT 154,086154.1k $7.1m $7.1m 1.36% Added +33.6k +33,589
37 CacheTech Inc. 1.34% of their portfolio LOGAN, UT 154,086154.1k $7.1m $7.1m 1.34% Added +33.6k +33,589
38 Chicago Partners Investment Group LLC 0.23% of their portfolio CHICAGO, IL 151,844151.8k $7.0m $7.0m 0.23% Reduced -11 -11
39 Little Harbor Advisors, LLC 4.13% of their portfolio MARBLEHEAD, MA 151,105151.1k $7.0m $7.0m 4.13% Added +8.0k +7,950
40 Concurrent Investment Advisors, LLC 0.18% of their portfolio Tampa, FL 141,892141.9k $6.6m $6.6m 0.18% Added +10.6k +10,559
41 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 139,856139.9k $6.5m $6.5m 0.02% Added +48.1k +48,116
42 Mission Hills Financial Advisory, LLC 4.92% of their portfolio SAN DIEGO, CA 137,032137.0k $6.3m $6.3m 4.92% Added +20.5k +20,540
43 RPg Family Wealth Advisory, LLC 2.23% of their portfolio BURLINGTON, MA 136,276136.3k $6.3m $6.3m 2.23% Added +8.0k +7,967
44 LAKE STREET PRIVATE WEALTH, LLC 1.01% of their portfolio CHICAGO, IL 136,255136.3k $6.3m $6.3m 1.01% Reduced -6.8k -6,845
45 Brookstone Capital Management 0.09% of their portfolio WHEATON, IL 135,959136.0k $6.3m $6.3m 0.09% Reduced -1.9k -1,882
46 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.17% of their portfolio Seattle, WA 134,356134.4k $6.2m $6.2m 0.17% Reduced -5.2k -5,184
47 Clear Creek Financial Management, LLC 0.66% of their portfolio SILVERDALE, WA 131,080131.1k $6.1m $6.1m 0.66% Added +175 +175
48 RiverTree Advisors, LLC 3.88% of their portfolio WINTER PARK, FL 127,594127.6k $5.9m $5.9m 3.88% Reduced -818 -818
49 Prospera Financial Services Inc 0.13% of their portfolio Dallas, TX 124,454124.5k $5.8m $5.8m 0.13% Added +1.7k +1,720
50 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 118,286118.3k $5.5m $5.5m 0.05% Added +5.1k +5,086
51 DAVENPORT & Co LLC 0.03% of their portfolio RICHMOND, VA 117,549117.5k $5.4m $5.4m 0.03% Added +25.6k +25,616
52 HARBOR ADVISORY CORP /MA/ 1.76% of their portfolio PORTSMOUTH, NH 116,185116.2k $5.4m $5.4m 1.76% Added +109.9k +109,885
53 Fairway Financial, LLC 4.81% of their portfolio CASSELBERRY, FL 114,051114.1k $5.3m $5.3m 4.81% First filing
54 Asset Allocation & Management Company, LLC 2.68% of their portfolio CHICAGO, IL 106,140106.1k $4.9m $4.9m 2.68% Reduced -6.3k -6,300
55 Independent Advisor Alliance 0.06% of their portfolio CHARLOTTE, NC 103,245103.2k $4.8m $4.8m 0.06% New
56 EXENCIAL WEALTH ADVISORS, LLC 0.17% of their portfolio OKLAHOMA CITY, OK 101,679101.7k $4.7m $4.7m 0.17% Reduced -1.1k -1,105
57 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 100,798100.8k $4.7m $4.7m 0.01% Added +511 +511
58 TrueWealth Advisors, LLC 1.55% of their portfolio BIRMINGHAM, AL 100,708100.7k $4.7m $4.7m 1.55% Added +8.3k +8,332
59 Harvest Investment Services, LLC 1.11% of their portfolio Oakbrook Terrace, IL 98,18598.2k $4.5m $4.5m 1.11% Added +4.6k +4,645
60 OneDigital Investment Advisors LLC 0.05% of their portfolio OVERLAND PARK, KS 94,73294.7k $4.4m $4.4m 0.05% Added +43.9k +43,912
61 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.31% of their portfolio CEDAR RAPIDS, IA 92,30192.3k $4.3m $4.3m 0.31% Added +3.9k +3,922
62 Kovack Advisors, Inc. 0.39% of their portfolio FT. LAUDERDALE, FL 86,50886.5k $4.0m $4.0m 0.39% Added +23.9k +23,858
63 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 85,35585.4k $3.9m $3.9m 0.02% Added +21.5k +21,541
64 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 85,23985.2k $3.9m $3.9m 0.02% Reduced -1.9k -1,939
65 TRUSTMARK BANK TRUST DEPARTMENT 0.29% of their portfolio JACKSON, MS 85,00085.0k $3.9m $3.9m 0.29% Unchanged
66 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 84,25184.3k $3.9m $3.9m 0.01% Reduced -19.1k -19,145
67 Integrity Financial Corp /WA 2.23% of their portfolio JACKSON, WY 84,01884.0k $3.9m $3.9m 2.23% Reduced -530 -530
68 Aspen Investment Management Inc 1.76% of their portfolio GRAND RAPIDS, MI 81,73881.7k $3.8m $3.8m 1.76% Added +12.0k +12,005
69 Aurora Private Wealth, Inc. 2.76% of their portfolio ROCKAWAY, NJ 79,80079.8k $3.7m $3.7m 2.76% Added +11.9k +11,929
70 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 79,69179.7k $3.7m $3.7m 0.03% Added +23.2k +23,186
71 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 79,25079.2k $3.7m $3.7m 0.02% Reduced -3.8k -3,790
72 AVANTAX ADVISORY SERVICES, INC. 0.02% of their portfolio DALLAS, TX 79,09479.1k $3.7m $3.7m 0.02% Reduced -3.8k -3,840
73 Trinity Legacy Partners, LLC 0.94% of their portfolio HOUSTON, TX 78,69178.7k $3.6m $3.6m 0.94% Reduced -732 -732
74 U.S. Capital Wealth Advisors, LLC 0.11% of their portfolio AUSTIN, TX 76,90476.9k $3.6m $3.6m 0.11% Added +21.1k +21,079
75 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 76,08376.1k $3.5m $3.5m 0.01% Added +3.5k +3,492
76 Colorado Capital Management, Inc. 1.69% of their portfolio BOULDER, CO 75,68575.7k $3.5m $3.5m 1.69% Reduced -278 -278
77 Bison Wealth, LLC 0.43% of their portfolio ATLANTA, GA 75,36075.4k $3.5m $3.5m 0.43% First filing
78 J.W. COLE ADVISORS, INC. 0.14% of their portfolio TAMPA, FL 74,06874.1k $3.4m $3.4m 0.14% Added +828 +828
79 Blackhawk Capital Partners, LLC 1.74% of their portfolio THIENSVILLE, WI 72,78472.8k $3.4m $3.4m 1.74% Added +3.6k +3,594
80 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 71,90471.9k $3.3m $3.3m 0.00% Reduced -12.7k -12,728
81 Western Wealth Management, LLC 0.18% of their portfolio GOLDEN, CO 71,56871.6k $3.3m $3.3m 0.18% Added +6.6k +6,573
82 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 71,24871.2k $3.3m $3.3m 0.01% Reduced -312.7k -312,657
83 McNaughton Wealth Management, LLC 1.57% of their portfolio SAN DIEGO, CA 70,34670.3k $3.3m $3.3m 1.57% Added +1.1k +1,124
84 Fifth Third Securities, Inc. 0.28% of their portfolio Cincinnati, OH 70,33370.3k $3.3m $3.3m 0.28% New
85 SageView Advisory Group, LLC 0.13% of their portfolio Newport Beach, CA 66,31466.3k $3.1m $3.1m 0.13% Reduced -1.9k -1,904
86 Integrated Advisors Network LLC 0.14% of their portfolio DALLAS, TX 63,96664.0k $3.0m $3.0m 0.14% Reduced -3.5k -3,490
87 Oder Investment Management, LLC 2.45% of their portfolio WOODLAND HILLS, CA 63,52963.5k $2.9m $2.9m 2.45% Added +3.3k +3,343
88 Coppell Advisory Solutions LLC 0.41% of their portfolio COPPELL, TX 63,10063.1k $2.9m $2.9m 0.41% Reduced -3.3k -3,282
89 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 62,99063.0k $2.9m $2.9m 0.01% Added +38.4k +38,357
90 Gladstone Institutional Advisory LLC 0.13% of their portfolio Bedminster, NJ 60,74260.7k $2.8m $2.8m 0.13% Added +3.3k +3,274
91 PRUDENTIAL PLC 0.01% of their portfolio LONDON, X0 60,55060.5k $2.8m $2.8m 0.01% Added +4.0k +4,000
92 TWIN PEAKS WEALTH ADVISORS, LLC 1.19% of their portfolio SAN FRANCISCO, CA 60,53960.5k $2.8m $2.8m 1.19% Added +735 +735
93 FLAGSTAR SECURITIES, INC 0.68% of their portfolio New York, NY 59,45959.5k $2.7m $2.7m 0.68% Added +1.7k +1,741
94 Private Advisory Group LLC 0.30% of their portfolio REDMOND, WA 58,54258.5k $2.7m $2.7m 0.30% Added +4.1k +4,069
95 Financial Advocates Investment Management 0.15% of their portfolio OLYMPIA, WA 58,28758.3k $2.7m $2.7m 0.15% Added +47.9k +47,890
96 Huntleigh Advisors, Inc. 0.57% of their portfolio ST. LOUIS, MO 57,54757.5k $2.7m $2.7m 0.57% First filing
97 Coastwise Capital Group, LLC 2.11% of their portfolio LA JOLLA, CA 57,08457.1k $2.6m $2.6m 2.11% Added +14.2k +14,194
98 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 56,10556.1k $2.6m $2.6m 0.03% Added +14.4k +14,446
99 DHK Financial Advisors, Inc. 1.56% of their portfolio PORTSMOUTH, NH 55,42255.4k $2.6m $2.6m 1.56% Added +1.0k +1,002
100 Kingsview Wealth Management, LLC 0.05% of their portfolio GRANTS PASS, OR 55,00955.0k $2.5m $2.5m 0.05% Reduced -322 -322