Vault-13

FIRST TR EXCHANGE-TRADED FD FTSL

SENIOR LN FD · ETP · CUSIP 33738D309

333 institutional holders -10 vs Q1 2025
38,118,43538.1m shares reported held*
$1.7bnreported value*
22 new 135 added 129 reduced 34 sold out net bought ≈ $49.9m (+1.1m 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $45.89. Options: 1 managers hold calls ($0 notional), 0 hold puts (—).

Trends to Q2 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: 343Q2 25: 333333Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025333

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 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 24Q1 25: 177 bought or addedQ1 25: 135 cut or sold outQ2 25: 157 bought or addedQ2 25: 163 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023145154
Q4 2023142147
Q1 2024148169
Q2 2024188128
Q3 2024142173
Q4 2024177130
Q1 2025177135
Q2 2025157163

Calls vs puts

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

CallsPuts
$0$2.5k$5k$7.5k$10kQ3 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 0.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$9.0k$00.00
Q4 2024$7.0k$00.00
Q1 2025$7.0k$00.00
Q2 2025$0$0—

Biggest buyers

ROYAL BANK OF CANADA Added +1,412,318+1.4m
RENAISSANCE TECHNOLOGIES LLC Added +246,300+246.3k
Tower Research Capital LLC (TRC) Added +190,060+190.1k
HARBOR ADVISORY CORP /MA/ Added +172,096+172.1k
EXCHANGE TRADED CONCEPTS, LLC New +136,986+137.0k
Rockefeller Capital Management L.P. Added +106,795+106.8k
Quadrature Capital Ltd New +104,613+104.6k
OLD MISSION CAPITAL LLC New +96,476+96.5k
STIFEL FINANCIAL CORP Added +90,322+90.3k
JANE STREET GROUP, LLC Added +89,151+89.2k

Biggest sellers

Tower Wealth Partners, Inc. Sold out -247,918-247.9k
WELLS FARGO & COMPANY/MN Reduced -232,939-232.9k
One Capital Management, LLC Reduced -189,086-189.1k
Pine Valley Investments Ltd Liability Co Reduced -175,592-175.6k
RFG Advisory, LLC Reduced -129,805-129.8k
Geneos Wealth Management Inc. Reduced -108,743-108.7k
Cambridge Investment Research Advisors, Inc. Reduced -105,237-105.2k
GOLDMAN SACHS GROUP INC Reduced -98,398-98.4k
Virtue Capital Management, LLC Reduced -95,290-95.3k
Financial Advocates Investment Management Sold out -89,282-89.3k

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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 4,674,0034.7m $214.5m $214.5m 0.01% Reduced -35.9k -35,854
2 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,986,7323.0m $137.1m $137.1m 0.01% Added +1.4m +1,412,318
3 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 2,051,3102.1m $94.1m $94.1m 0.03% Added +74.9k +74,906
4 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,931,7991.9m $88.7m $88.7m 0.02% Reduced -232.9k -232,939
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,875,3091.9m $86.1m $86.1m 0.01% Reduced -10.9k -10,889
6 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 1,502,5121.5m $69.0m $69.0m 0.02% Reduced -36.8k -36,824
7 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 1,200,1531.2m $55.1m $55.1m 0.04% Added +80.3k +80,291
8 One Capital Management, LLC 1.80% of their portfolio WESTLAKE VILLAGE, CA 1,135,7391.1m $52.1m $52.1m 1.80% Reduced -189.1k -189,086
9 UBS Group AG 0.01% of their portfolio ZURICH, V8 778,837778.8k $35.7m $35.7m 0.01% Reduced -27.7k -27,665
10 Flaharty Asset Management, LLC 4.61% of their portfolio CLEARWATER, FL 733,983734.0k $33.7m $33.7m 4.61% Added +18.2k +18,231
11 Welch & Forbes LLC 0.39% of their portfolio Boston, MA 682,178682.2k $31.3m $31.3m 0.39% Added +21.8k +21,844
12 NorthCoast Asset Management LLC 0.13% of their portfolio STAMFORD, CT 655,762655.8k $30.1m $30.1m 0.13% Added +14.8k +14,752
13 Hikari Tsushin, Inc. 1.85% of their portfolio TOKYO, M0 570,196570.2k $26.2m $26.2m 1.85% Unchanged
14 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 567,225567.2k $26.0m $26.0m 0.01% Added +173 +173
15 Virtue Capital Management, LLC 4.67% of their portfolio BRENTWOOD, TN 553,071553.1k $25.4m $25.4m 4.67% Reduced -95.3k -95,290
16 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 548,078548.1k $25.1m $25.1m 0.04% Reduced -53.2k -53,211
17 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 460,217460.2k $21.1m $21.1m 0.02% Added +90.3k +90,322
18 TL Private Wealth 8.71% of their portfolio SOUTHLAKE, TX 456,319456.3k $21.0m $21.0m 8.71% Added +542 +542
19 Cyndeo Wealth Partners, LLC 1.07% of their portfolio ST. PETERSBURG, FL 392,122392.1k $18.0m $18.0m 1.07% Added +4.0k +3,975
20 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 376,411376.4k $17.3m $17.3m 0.03% Reduced -48.2k -48,202
21 Capital Investment Counsel, LLC 2.54% of their portfolio DENVER, CO 356,598356.6k $16.4m $16.4m 2.54% Added +33.9k +33,919
22 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 330,940330.9k $15.2m $15.2m 0.02% Added +89.2k +89,151
23 Fairvoy Private Wealth, LLC 3.77% of their portfolio BIRMINGHAM, AL 330,667330.7k $15.2m $15.2m 3.77% Added +6.7k +6,739
24 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 329,623329.6k $15.1m $15.1m 0.05% Reduced -105.2k -105,237
25 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 306,300306.3k $14.1m $14.1m 0.02% Added +246.3k +246,300
26 HARBOR ADVISORY CORP /MA/ 4.39% of their portfolio PORTSMOUTH, NH 300,170300.2k $13.8m $13.8m 4.39% Added +172.1k +172,096
27 Ocean Park Asset Management, LLC 0.48% of their portfolio SANTA MONICA, CA 296,600296.6k $13.5m $13.5m 0.48% Unchanged
28 CWM, LLC 0.05% of their portfolio OMAHA, NE 290,274290.3k $13.3m $13.3m 0.05% Reduced -53.3k -53,268
29 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 284,210284.2k $13.0m $13.0m 0.07% Added +11.1k +11,050
30 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 266,771266.8k $12.3m $12.3m 0.02% Added +20.0k +19,973
31 Integrated Wealth Concepts LLC 0.10% of their portfolio WALTHAM, MA 219,239219.2k $10.1m $10.1m 0.10% Added +103 +103
32 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 192,812192.8k $8.8m $8.8m 0.01% Added +106.8k +106,795
33 Tower Research Capital LLC (TRC) 0.24% of their portfolio NEW YORK, NY 190,069190.1k $8.7m $8.7m 0.24% Added +190.1k +190,060
34 Private Advisor Group, LLC 0.05% of their portfolio MORRISTOWN, NJ 187,123187.1k $8.6m $8.6m 0.05% Added +79.0k +79,027
35 RiverTree Advisors, LLC 5.64% of their portfolio WINTER PARK, FL 183,035183.0k $8.4m $8.4m 5.64% Added +47.7k +47,691
36 Nilsine Partners, LLC 0.80% of their portfolio GREENWOOD VILLAGE, CO 173,005173.0k $7.9m $7.9m 0.80% Added +3.3k +3,317
37 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 171,019171.0k $7.8m $7.8m 0.01% Reduced -383 -383
38 Clear Creek Financial Management, LLC 0.72% of their portfolio SILVERDALE, WA 165,377165.4k $7.6m $7.6m 0.72% Added +10.3k +10,311
39 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 164,889164.9k $7.6m $7.6m 0.00% Reduced -25.3k -25,275
40 RPg Family Wealth Advisory, LLC 1.98% of their portfolio BURLINGTON, MA 162,516162.5k $7.5m $7.5m 1.98% Added +8.5k +8,521
41 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.16% of their portfolio Seattle, WA 156,236156.2k $7.2m $7.2m 0.16% Added +25.2k +25,196
42 CNO Financial Group, Inc. 4.31% of their portfolio Carmel, IN 152,000152.0k $7.0m $7.0m 4.31% Unchanged
43 Little Harbor Advisors, LLC 4.11% of their portfolio MARBLEHEAD, MA 151,105151.1k $6.9m $6.9m 4.11% Unchanged
44 Chicago Partners Investment Group LLC 0.20% of their portfolio CHICAGO, IL 150,820150.8k $6.9m $6.9m 0.20% Reduced -4.8k -4,840
45 LAKE STREET PRIVATE WEALTH, LLC 0.97% of their portfolio CHICAGO, IL 147,874147.9k $6.8m $6.8m 0.97% Added +5.4k +5,378
46 Adams Wealth Management 1.28% of their portfolio LOGAN, UT 146,762146.8k $6.7m $6.7m 1.28% Added +8.3k +8,345
47 CacheTech Inc. 1.24% of their portfolio LOGAN, UT 146,762146.8k $6.7m $6.7m 1.24% Added +3.3k +3,292
48 Brookstone Capital Management 0.09% of their portfolio WHEATON, IL 142,378142.4k $6.5m $6.5m 0.09% Reduced -5.0k -5,016
49 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 139,833139.8k $6.4m $6.4m 0.02% Reduced -6.8k -6,760
50 TrueWealth Advisors, LLC 1.88% of their portfolio BIRMINGHAM, AL 138,403138.4k $6.4m $6.4m 1.88% Added +17.5k +17,472
51 DAVENPORT & Co LLC 0.03% of their portfolio RICHMOND, VA 137,210137.2k $6.3m $6.3m 0.03% Added +9.9k +9,895
52 EXCHANGE TRADED CONCEPTS, LLC 0.08% of their portfolio Oklahoma City, OK 136,986137.0k $6.3m $6.3m 0.08% New
53 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.42% of their portfolio CEDAR RAPIDS, IA 132,144132.1k $6.1m $6.1m 0.42% Added +34.4k +34,361
54 Mission Hills Financial Advisory, LLC 3.75% of their portfolio SAN DIEGO, CA 131,835131.8k $6.0m $6.0m 3.75% Reduced -2.3k -2,263
55 Asset Allocation & Management Company, LLC 2.69% of their portfolio CHICAGO, IL 126,840126.8k $5.8m $5.8m 2.69% Added +10.0k +10,000
56 HARBOUR INVESTMENTS, INC. 0.14% of their portfolio MADISON, WI 120,269120.3k $5.5m $5.5m 0.14% Added +2.8k +2,758
57 Fairway Financial, LLC 4.61% of their portfolio CASSELBERRY, FL 118,686118.7k $5.4m $5.4m 4.61% Added +1.7k +1,717
58 Prospera Financial Services Inc 0.10% of their portfolio Dallas, TX 115,081115.1k $5.3m $5.3m 0.10% Reduced -2.7k -2,698
59 Geneos Wealth Management Inc. 0.12% of their portfolio ENGLEWOOD, CO 109,432109.4k $5.0m $5.0m 0.12% Reduced -108.7k -108,743
60 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 104,895104.9k $4.8m $4.8m 0.00% Added +48.2k +48,185
61 Quadrature Capital Ltd 0.08% of their portfolio LONDON, X0 104,613104.6k $4.8m $4.8m 0.08% New
62 DHK Financial Advisors, Inc. 2.66% of their portfolio PORTSMOUTH, NH 100,979101.0k $4.6m $4.6m 2.66% Added +44.6k +44,599
63 EXENCIAL WEALTH ADVISORS, LLC 0.16% of their portfolio OKLAHOMA CITY, OK 97,32097.3k $4.5m $4.5m 0.16% Reduced -2.6k -2,591
64 OLD MISSION CAPITAL LLC 0.12% of their portfolio CHICAGO, IL 96,47696.5k $4.4m $4.4m 0.12% New
65 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 95,92895.9k $4.4m $4.4m 0.02% Added +20.5k +20,496
66 OneDigital Investment Advisors LLC 0.05% of their portfolio OVERLAND PARK, KS 95,39395.4k $4.4m $4.4m 0.05% Reduced -13.7k -13,748
67 Bison Wealth, LLC 0.34% of their portfolio ATLANTA, GA 94,00794.0k $4.3m $4.3m 0.34% Added +3.3k +3,326
68 Blackhawk Capital Partners, LLC 1.96% of their portfolio THIENSVILLE, WI 92,69992.7k $4.3m $4.3m 1.96% Added +22.4k +22,427
69 Petix & Botte Co 1.04% of their portfolio LA MESA, CA 92,35892.4k $4.2m $4.2m 1.04% Added +14.6k +14,605
70 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 92,29892.3k $4.2m $4.2m 0.01% Reduced -5.3k -5,268
71 Kovack Advisors, Inc. 0.41% of their portfolio FT. LAUDERDALE, FL 91,89391.9k $4.2m $4.2m 0.41% Added +652 +652
72 U.S. Capital Wealth Advisors, LLC 0.12% of their portfolio AUSTIN, TX 91,43891.4k $4.2m $4.2m 0.12% Added +12.4k +12,368
73 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 87,89387.9k $4.0m $4.0m 0.03% Reduced -15.7k -15,721
74 Vestmark Advisory Solutions, Inc. 0.06% of their portfolio Wakefield, MA 86,96687.0k $4.0m $4.0m 0.06% Added +44.9k +44,893
75 TRUSTMARK BANK TRUST DEPARTMENT 0.27% of their portfolio JACKSON, MS 85,00085.0k $3.9m $3.9m 0.27% Unchanged
76 Coppell Advisory Solutions LLC 0.28% of their portfolio COPPELL, TX 84,88284.9k $3.9m $3.9m 0.28% Added +42.8k +42,809
77 Harvest Investment Services, LLC 0.86% of their portfolio Oakbrook Terrace, IL 84,22984.2k $3.9m $3.9m 0.86% Added +4.8k +4,795
78 Aspen Investment Management Inc 1.62% of their portfolio GRAND RAPIDS, MI 84,15884.2k $3.9m $3.9m 1.62% Added +794 +794
79 Aurora Private Wealth, Inc. 2.78% of their portfolio ROCKAWAY, NJ 81,78981.8k $3.8m $3.8m 2.78% Reduced -2.9k -2,856
80 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 81,16881.2k $3.7m $3.7m 0.02% Reduced -3.4k -3,351
81 Oder Investment Management, LLC 2.71% of their portfolio WOODLAND HILLS, CA 78,25478.3k $3.6m $3.6m 2.71% Added +5.1k +5,139
82 J.W. COLE ADVISORS, INC. 0.07% of their portfolio TAMPA, FL 76,01376.0k $3.5m $3.5m 0.07% Reduced -2.1k -2,072
83 Trinity Legacy Partners, LLC 0.84% of their portfolio HOUSTON, TX 75,27275.3k $3.5m $3.5m 0.84% Added +1.6k +1,640
84 Fifth Third Securities, Inc. 0.26% of their portfolio Cincinnati, OH 74,22274.2k $3.4m $3.4m 0.26% Added +290 +290
85 Colorado Capital Management, Inc. 1.45% of their portfolio BOULDER, CO 73,56073.6k $3.4m $3.4m 1.45% Added +1.5k +1,466
86 Integrity Financial Corp /WA 1.65% of their portfolio JACKSON, WY 70,61170.6k $3.2m $3.2m 1.65% Reduced -12.8k -12,815
87 Huntleigh Advisors, Inc. 0.62% of their portfolio ST. LOUIS, MO 70,32170.3k $3.2m $3.2m 0.62% Added +6.8k +6,766
88 Integrated Advisors Network LLC 0.14% of their portfolio DALLAS, TX 69,25469.3k $3.2m $3.2m 0.14% Added +2.0k +1,975
89 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 68,83068.8k $3.2m $3.2m 0.00% Reduced -6.4k -6,421
90 Strive Asset Management, LLC 1.90% of their portfolio DALLAS, TX 68,81068.8k $3.2m $3.2m 1.90% Added +15.6k +15,612
91 PRUDENTIAL PLC 0.02% of their portfolio LONDON, X0 67,45067.5k $3.1m $3.1m 0.02% Reduced -2.3k -2,300
92 FLAGSTAR SECURITIES, INC 0.84% of their portfolio New York, NY 66,24466.2k $3.0m $3.0m 0.84% Added +6.2k +6,233
93 Kingsview Wealth Management, LLC 0.05% of their portfolio GRANTS PASS, OR 65,68065.7k $3.0m $3.0m 0.05% Reduced -1.4k -1,358
94 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 65,56265.6k $3.0m $3.0m 0.03% Added +6.5k +6,504
95 RFG Advisory, LLC 0.07% of their portfolio BIRMINGHAM, AL 64,30264.3k $3.0m $3.0m 0.07% Reduced -129.8k -129,805
96 SageView Advisory Group, LLC 0.11% of their portfolio Newport Beach, CA 62,92662.9k $2.9m $2.9m 0.11% Reduced -385 -385
97 Concurrent Investment Advisors, LLC 0.05% of their portfolio Tampa, FL 61,75961.8k $2.8m $2.8m 0.05% Reduced -89.1k -89,075
98 Private Advisory Group LLC 0.26% of their portfolio REDMOND, WA 60,94060.9k $2.8m $2.8m 0.26% Added +3.4k +3,357
99 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 60,40860.4k $2.8m $2.8m 0.01% Reduced -13.0k -12,992
100 Sowell Financial Services LLC 0.11% of their portfolio NORTH LITTLE ROCK, AR 59,50759.5k $2.7m $2.7m 0.11% Reduced -23.8k -23,769