Vault-13

FIRST TR EXCHANGE-TRADED FD FTSL

SENIOR LN FD · ETP · CUSIP 33738D309

343 institutional holders -12 vs Q4 2024
37,026,41337.0m shares reported held*
$1.7bnreported value*
20 new 157 added 108 reduced 27 sold out net bought ≈ $106.7m (+2.3m 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 ($318.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.64. Options: 2 managers hold calls ($7.0k notional), 0 hold puts (—).

Trends to Q1 2025

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: 355Q1 25: 343343Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022324
Q4 2022333
Q1 2023313
Q2 2023302
Q3 2023300
Q4 2023327
Q1 2024316
Q2 2024333
Q3 2024323
Q4 2024355
Q1 2025343

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 124 bought or addedQ2 23: 171 cut or sold outQ3 23: 145 bought or addedQ3 23: 154 cut or sold outQ3 23Q4 23: 142 bought or addedQ4 23: 147 cut or sold outQ1 24: 148 bought or addedQ1 24: 169 cut or sold outQ1 24Q2 24: 188 bought or addedQ2 24: 128 cut or sold outQ3 24: 142 bought or addedQ3 24: 173 cut or sold outQ3 24Q4 24: 177 bought or addedQ4 24: 130 cut or sold outQ1 25: 177 bought or addedQ1 25: 135 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023124171
Q3 2023145154
Q4 2023142147
Q1 2024148169
Q2 2024188128
Q3 2024142173
Q4 2024177130
Q1 2025177135

Calls vs puts

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

CallsPuts
$0$20k$40k$60kQ2 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 0.00Q1 25 calls: $7.0kQ1 25 puts: $0Q1 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2024$58.0k$00.00
Q3 2024$9.0k$00.00
Q4 2024$7.0k$00.00
Q1 2025$7.0k$00.00

Biggest buyers

WELLS FARGO & COMPANY/MN Added +658,556+658.6k
One Capital Management, LLC Added +308,665+308.7k
JANE STREET GROUP, LLC New +241,789+241.8k
Virtue Capital Management, LLC Added +221,053+221.1k
Geneos Wealth Management Inc. Added +195,540+195.5k
MORGAN STANLEY Added +174,373+174.4k
Cetera Investment Advisers Added +159,525+159.5k
GOLDMAN SACHS GROUP INC New +115,095+115.1k
RAYMOND JAMES FINANCIAL INC Added +92,034+92.0k
NewEdge Advisors, LLC Added +78,825+78.8k

Biggest sellers

RENAISSANCE TECHNOLOGIES LLC Reduced -217,693-217.7k
Steward Partners Investment Advisory, LLC Reduced -105,098-105.1k
Independent Advisor Alliance Sold out -103,245-103.2k
UBS Group AG Reduced -79,872-79.9k
McNaughton Wealth Management, LLC Sold out -70,346-70.3k
STIFEL FINANCIAL CORP Reduced -67,217-67.2k
Western Wealth Management, LLC Reduced -55,886-55.9k
Flaharty Asset Management, LLC Reduced -39,547-39.5k
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Reduced -34,558-34.6k
Midwest Heritage Bank, FSB Reduced -32,572-32.6k

Biggest calls

SIMPLEX TRADING, LLC Unchanged $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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,709,8574.7m $215.0m $215.0m 0.02% Added +174.4k +174,373
2 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,164,7382.2m $98.8m $98.8m 0.02% Added +658.6k +658,556
3 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,976,4042.0m $90.2m $90.2m 0.04% Added +57.0k +57,023
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,886,1981.9m $86.1m $86.1m 0.01% Added +24.9k +24,945
5 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,574,4141.6m $71.9m $71.9m 0.02% Reduced -11.8k -11,823
6 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 1,539,3361.5m $70.3m $70.3m 0.03% Added +92.0k +92,034
7 One Capital Management, LLC 2.04% of their portfolio WESTLAKE VILLAGE, CA 1,324,8251.3m $60.5m $60.5m 2.04% Added +308.7k +308,665
8 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 1,119,8621.1m $51.1m $51.1m 0.05% Added +7.1k +7,098
9 UBS Group AG 0.01% of their portfolio ZURICH, V8 806,502806.5k $36.8m $36.8m 0.01% Reduced -79.9k -79,872
10 Flaharty Asset Management, LLC 4.71% of their portfolio CLEARWATER, FL 715,752715.8k $32.7m $32.7m 4.71% Reduced -39.5k -39,547
11 Welch & Forbes LLC 0.39% of their portfolio Boston, MA 660,334660.3k $30.1m $30.1m 0.39% Added +27.1k +27,063
12 Virtue Capital Management, LLC 3.46% of their portfolio BRENTWOOD, TN 648,361648.4k $29.6m $29.6m 3.46% Added +221.1k +221,053
13 NorthCoast Asset Management LLC 0.15% of their portfolio STAMFORD, CT 641,010641.0k $29.3m $29.3m 0.15% Added +57.0k +57,021
14 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 601,289601.3k $27.4m $27.4m 0.06% Added +6.7k +6,655
15 Hikari Tsushin, Inc. 1.74% of their portfolio TOKYO, M0 570,196570.2k $26.0m $26.0m 1.74% Unchanged
16 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 567,052567.1k $25.9m $25.9m 0.01% Reduced -2.0k -2,046
17 TL Private Wealth 10.14% of their portfolio SOUTHLAKE, TX 455,777455.8k $20.5m $20.5m 10.14% Reduced -11.1k -11,096
18 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 434,860434.9k $19.9m $19.9m 0.07% Added +55.7k +55,739
19 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 424,613424.6k $19.4m $19.4m 0.04% Added +159.5k +159,525
20 Cyndeo Wealth Partners, LLC 1.16% of their portfolio ST. PETERSBURG, FL 388,147388.1k $17.7m $17.7m 1.16% Added +20.1k +20,106
21 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 369,895369.9k $16.9m $16.9m 0.02% Reduced -67.2k -67,217
22 CWM, LLC 0.06% of their portfolio OMAHA, NE 343,542343.5k $15.7m $15.7m 0.06% Added +19.9k +19,928
23 Fairvoy Private Wealth, LLC 4.06% of their portfolio BIRMINGHAM, AL 323,928323.9k $14.8m $14.8m 4.06% Added +66.8k +66,812
24 Capital Investment Counsel, LLC 2.44% of their portfolio DENVER, CO 322,679322.7k $14.7m $14.7m 2.44% Added +48.5k +48,461
25 Ocean Park Asset Management, LLC 0.48% of their portfolio SANTA MONICA, CA 296,600296.6k $13.5m $13.5m 0.48% Unchanged
26 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 273,160273.2k $12.5m $12.5m 0.07% Added +78.8k +78,825
27 Tower Wealth Partners, Inc. 6.05% of their portfolio LEWISBURG, PA 247,918247.9k $11.3m $11.3m 6.05% Reduced -87 -87
28 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 246,798246.8k $11.3m $11.3m 0.02% Added +40.1k +40,095
29 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 241,789241.8k $11.0m $11.0m 0.02% New
30 Integrated Wealth Concepts LLC 0.12% of their portfolio WALTHAM, MA 219,136219.1k $10.0m $10.0m 0.12% Added +14.1k +14,070
31 Geneos Wealth Management Inc. 0.14% of their portfolio ENGLEWOOD, CO 218,175218.2k $10.0m $10.0m 0.14% Added +195.5k +195,540
32 RFG Advisory, LLC 0.24% of their portfolio BIRMINGHAM, AL 194,107194.1k $8.9m $8.9m 0.24% Added +14.1k +14,119
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 190,164190.2k $8.7m $8.7m 0.00% Reduced -25.6k -25,614
34 Pine Valley Investments Ltd Liability Co 0.55% of their portfolio MARLTON, NJ 188,852188.9k $8.6m $8.6m 0.55% Added +17.1k +17,129
35 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 171,402171.4k $7.8m $7.8m 0.01% Added +8.7k +8,737
36 Nilsine Partners, LLC 0.85% of their portfolio GREENWOOD VILLAGE, CO 169,688169.7k $7.7m $7.7m 0.85% Added +5.0k +4,957
37 Chicago Partners Investment Group LLC 0.24% of their portfolio CHICAGO, IL 155,660155.7k $7.1m $7.1m 0.24% Added +3.8k +3,816
38 Clear Creek Financial Management, LLC 0.73% of their portfolio SILVERDALE, WA 155,066155.1k $7.1m $7.1m 0.73% Added +24.0k +23,986
39 RPg Family Wealth Advisory, LLC 2.00% of their portfolio BURLINGTON, MA 153,995154.0k $7.0m $7.0m 2.00% Added +17.7k +17,719
40 CNO Financial Group, Inc. 5.80% of their portfolio Carmel, IN 152,000152.0k $6.9m $6.9m 5.80% First filing
41 Little Harbor Advisors, LLC 4.25% of their portfolio MARBLEHEAD, MA 151,105151.1k $6.9m $6.9m 4.25% Unchanged
42 Concurrent Investment Advisors, LLC 0.17% of their portfolio Tampa, FL 150,834150.8k $6.9m $6.9m 0.17% Added +8.9k +8,942
43 Brookstone Capital Management 0.10% of their portfolio WHEATON, IL 147,394147.4k $6.7m $6.7m 0.10% Added +11.4k +11,435
44 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 146,593146.6k $6.7m $6.7m 0.02% Added +6.7k +6,737
45 CacheTech Inc. 1.23% of their portfolio LOGAN, UT 143,470143.5k $6.3m $6.3m 1.23% Reduced -10.6k -10,616
46 LAKE STREET PRIVATE WEALTH, LLC 1.06% of their portfolio CHICAGO, IL 142,496142.5k $6.5m $6.5m 1.06% Added +6.2k +6,241
47 Adams Wealth Management 1.24% of their portfolio LOGAN, UT 138,417138.4k $6.3m $6.3m 1.24% Reduced -15.7k -15,669
48 RiverTree Advisors, LLC 4.14% of their portfolio WINTER PARK, FL 135,344135.3k $6.2m $6.2m 4.14% Added +7.8k +7,750
49 Mission Hills Financial Advisory, LLC 4.25% of their portfolio SAN DIEGO, CA 134,098134.1k $6.1m $6.1m 4.25% Reduced -2.9k -2,934
50 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.15% of their portfolio Seattle, WA 131,040131.0k $6.0m $6.0m 0.15% Reduced -3.3k -3,316
51 HARBOR ADVISORY CORP /MA/ 1.96% of their portfolio PORTSMOUTH, NH 128,074128.1k $5.8m $5.8m 1.96% Added +11.9k +11,889
52 DAVENPORT & Co LLC 0.03% of their portfolio RICHMOND, VA 127,315127.3k $5.8m $5.8m 0.03% Added +9.8k +9,766
53 TrueWealth Advisors, LLC 1.81% of their portfolio BIRMINGHAM, AL 120,931120.9k $5.5m $5.5m 1.81% Added +20.2k +20,223
54 Prospera Financial Services Inc 0.12% of their portfolio Dallas, TX 117,779117.8k $5.4m $5.4m 0.12% Reduced -6.7k -6,675
55 HARBOUR INVESTMENTS, INC. 0.15% of their portfolio MADISON, WI 117,511117.5k $5.4m $5.4m 0.15% Added +72.0k +71,963
56 Fairway Financial, LLC 4.84% of their portfolio CASSELBERRY, FL 116,969117.0k $5.3m $5.3m 4.84% Added +2.9k +2,918
57 Asset Allocation & Management Company, LLC 2.70% of their portfolio CHICAGO, IL 116,840116.8k $5.3m $5.3m 2.70% Added +10.7k +10,700
58 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 115,095115.1k $5.3m $5.3m 0.00% New
59 OneDigital Investment Advisors LLC 0.06% of their portfolio OVERLAND PARK, KS 109,141109.1k $5.0m $5.0m 0.06% Added +14.4k +14,409
60 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 108,096108.1k $4.9m $4.9m 0.03% Added +22.7k +22,741
61 D.A. DAVIDSON & CO. 0.04% of their portfolio GREAT FALLS, MT 103,614103.6k $4.7m $4.7m 0.04% Added +23.9k +23,923
62 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 100,810100.8k $4.6m $4.6m 0.01% Added +16.6k +16,559
63 EXENCIAL WEALTH ADVISORS, LLC 0.17% of their portfolio OKLAHOMA CITY, OK 99,91199.9k $4.6m $4.6m 0.17% Reduced -1.8k -1,768
64 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.34% of their portfolio CEDAR RAPIDS, IA 97,78397.8k $4.5m $4.5m 0.34% Added +5.5k +5,482
65 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 97,56697.6k $4.5m $4.5m 0.01% Added +25.7k +25,662
66 Kovack Advisors, Inc. 0.44% of their portfolio FT. LAUDERDALE, FL 91,24191.2k $4.2m $4.2m 0.44% Added +4.7k +4,733
67 Bison Wealth, LLC 0.39% of their portfolio ATLANTA, GA 90,68190.7k $4.1m $4.1m 0.39% Added +15.3k +15,321
68 Financial Advocates Investment Management 0.29% of their portfolio OLYMPIA, WA 89,28289.3k $4.1m $4.1m 0.29% Added +31.0k +30,995
69 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 86,01786.0k $3.9m $3.9m 0.01% Added +9.9k +9,934
70 TRUSTMARK BANK TRUST DEPARTMENT 0.29% of their portfolio JACKSON, MS 85,00085.0k $3.9m $3.9m 0.29% Unchanged
71 Aurora Private Wealth, Inc. 3.09% of their portfolio ROCKAWAY, NJ 84,64584.6k $3.9m $3.9m 3.09% Added +4.8k +4,845
72 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 84,51984.5k $3.9m $3.9m 0.03% Reduced -720 -720
73 Integrity Financial Corp /WA 2.16% of their portfolio JACKSON, WY 83,42683.4k $3.8m $3.8m 2.16% Reduced -592 -592
74 Aspen Investment Management Inc 1.75% of their portfolio GRAND RAPIDS, MI 83,36483.4k $3.8m $3.8m 1.75% Added +1.6k +1,626
75 Sowell Financial Services LLC 0.17% of their portfolio NORTH LITTLE ROCK, AR 83,27683.3k $3.8m $3.8m 0.17% Added +31.6k +31,638
76 Harvest Investment Services, LLC 1.01% of their portfolio Oakbrook Terrace, IL 79,43479.4k $3.6m $3.6m 1.01% Reduced -18.8k -18,751
77 U.S. Capital Wealth Advisors, LLC 0.11% of their portfolio AUSTIN, TX 79,07079.1k $3.6m $3.6m 0.11% Added +2.2k +2,166
78 AVANTAX ADVISORY SERVICES, INC. 0.02% of their portfolio DALLAS, TX 78,98879.0k $3.6m $3.6m 0.02% Reduced -106 -106
79 J.W. COLE ADVISORS, INC. 0.11% of their portfolio TAMPA, FL 78,08578.1k $3.6m $3.6m 0.11% Added +4.0k +4,017
80 Petix & Botte Co 0.93% of their portfolio LA MESA, CA 77,75377.8k $3.5m $3.5m 0.93% Added +24.4k +24,415
81 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 75,43275.4k $3.4m $3.4m 0.02% Reduced -3.8k -3,818
82 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 75,25175.3k $3.4m $3.4m 0.01% Added +4.0k +4,003
83 Fifth Third Securities, Inc. 0.28% of their portfolio Cincinnati, OH 73,93273.9k $3.4m $3.4m 0.28% Added +3.6k +3,599
84 Trinity Legacy Partners, LLC 0.86% of their portfolio HOUSTON, TX 73,63273.6k $3.4m $3.4m 0.86% Reduced -5.1k -5,059
85 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 73,40073.4k $3.4m $3.4m 0.01% Reduced -27.4k -27,398
86 Oder Investment Management, LLC 2.84% of their portfolio WOODLAND HILLS, CA 73,11573.1k $3.3m $3.3m 2.84% Added +9.6k +9,586
87 Colorado Capital Management, Inc. 1.53% of their portfolio BOULDER, CO 72,09472.1k $3.3m $3.3m 1.53% Reduced -3.6k -3,591
88 Blackhawk Capital Partners, LLC 1.65% of their portfolio THIENSVILLE, WI 70,27270.3k $3.2m $3.2m 1.65% Reduced -2.5k -2,512
89 PRUDENTIAL PLC 0.02% of their portfolio LONDON, X0 69,75069.8k $3.2m $3.2m 0.02% Added +9.2k +9,200
90 Integrated Advisors Network LLC 0.16% of their portfolio DALLAS, TX 67,27967.3k $3.1m $3.1m 0.16% Added +3.3k +3,313
91 Kingsview Wealth Management, LLC 0.06% of their portfolio GRANTS PASS, OR 67,03867.0k $3.1m $3.1m 0.06% Added +12.0k +12,029
92 Huntleigh Advisors, Inc. 0.48% of their portfolio ST. LOUIS, MO 63,55563.6k $2.9m $2.9m 0.48% Added +6.0k +6,008
93 SageView Advisory Group, LLC 0.12% of their portfolio Newport Beach, CA 63,31163.3k $2.9m $2.9m 0.12% Reduced -3.0k -3,003
94 FLAGSTAR SECURITIES, INC 0.70% of their portfolio New York, NY 60,01160.0k $2.7m $2.7m 0.70% Added +552 +552
95 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 60,00060.0k $2.7m $2.7m 0.00% Reduced -217.7k -217,693
96 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 59,05859.1k $2.7m $2.7m 0.03% Added +3.0k +2,953
97 Gladstone Institutional Advisory LLC 0.13% of their portfolio Bedminster, NJ 59,00959.0k $2.7m $2.7m 0.13% Reduced -1.7k -1,733
98 Snowden Capital Advisors LLC 0.08% of their portfolio New York, NY 57,75357.8k $2.6m $2.6m 0.08% Added +3.0k +2,995
99 Private Advisory Group LLC 0.30% of their portfolio REDMOND, WA 57,58357.6k $2.6m $2.6m 0.30% Reduced -959 -959
100 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 56,71056.7k $2.6m $2.6m 0.00% New