Vault-13

FIRST TR EXCHANGE-TRADED FD LQTI

VEST INVESTMENT · ETP · CUSIP 33738D747

34 institutional holders +9 vs Q2 2025
6,128,0216.1m shares reported held*
$125.1mreported value*
13 new 16 added 4 reduced 2 sold out net bought ≈ $86.9m (+4.3m 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. Holder counts are more reliable. Implied quarter-end price ≈ $20.41.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

02040Q1 25: 9Q2 25: 25Q3 25: 3434Q1 25Q2 25Q3 25
Numbers
QuarterHolders
Q1 20259
Q2 202525
Q3 202534

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q2 25: 19 bought or addedQ2 25: 2 cut or sold outQ2 25Q3 25: 29 bought or addedQ3 25: 6 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q2 2025192
Q3 2025296

Biggest buyers

Aptus Capital Advisors, LLC Added +1,395,276+1.4m
GUARDIAN WEALTH ADVISORS, LLC / NC Added +1,395,276+1.4m
Cooper Capital Advisors LLC New +471,625+471.6k
COMMONWEALTH EQUITY SERVICES, LLC Added +310,918+310.9k
LexAurum Advisors, LLC Added +231,679+231.7k
Sulzberger Capital Advisors, Inc. Added +166,927+166.9k
Cetera Investment Advisers New +165,691+165.7k
JANE STREET GROUP, LLC New +78,029+78.0k
OLD MISSION CAPITAL LLC New +45,193+45.2k
Insight Advisors, LLC/ PA Added +37,293+37.3k

Biggest sellers

SMART Wealth LLC Sold out -219,707-219.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -36,865-36.9k
CITADEL ADVISORS LLC Sold out -12,744-12.7k
American Financial Advisors, LLC Reduced -980-980
OneDigital Investment Advisors LLC Reduced -504-504
IFP Advisors, Inc Reduced -42-42

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Aptus Capital Advisors, LLC 0.29% of their portfolio FAIRHOPE, AL 1,535,2461.5m $31.3m $31.3m 0.29% Added +1.4m +1,395,276
2 GUARDIAN WEALTH ADVISORS, LLC / NC 2.04% of their portfolio RALEIGH, NC 1,535,2461.5m $31.3m $31.3m 2.04% Added +1.4m +1,395,276
3 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 827,918827.9k $16.9m $16.9m 0.02% Added +310.9k +310,918
4 Cooper Capital Advisors LLC 6.22% of their portfolio Encinitas, CA 471,625471.6k $9.6m $9.6m 6.22% New
5 LexAurum Advisors, LLC 0.71% of their portfolio OVERLAND PARK, KS 243,698243.7k $5.0m $5.0m 0.71% Added +231.7k +231,679
6 Sulzberger Capital Advisors, Inc. 4.03% of their portfolio MIAMI, FL 177,099177.1k $3.6m $3.6m 4.03% Added +166.9k +166,927
7 Prosperity Financial Group, Inc. 1.27% of their portfolio San Ramon, CA 170,019170.0k $3.5m $3.5m 1.27% Added +3.4k +3,384
8 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 165,691165.7k $3.4m $3.4m 0.00% New
9 OneDigital Investment Advisors LLC 0.02% of their portfolio OVERLAND PARK, KS 115,476115.5k $2.4m $2.4m 0.02% Reduced -504 -504
10 Independent Wealth Network Inc. 0.67% of their portfolio URBANDALE, IA 102,374102.4k $2.1m $2.1m 0.67% Added +13.1k +13,134
11 American Financial Advisors, LLC 0.24% of their portfolio Marietta, GA 91,30791.3k $1.9m $1.9m 0.24% Reduced -980 -980
12 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 83,81183.8k $1.7m $1.7m 0.03% Added +2.6k +2,580
13 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 78,02978.0k $1.6m $1.6m 0.00% New
14 Bullseye Investment Management, LLC 0.95% of their portfolio CINCINNATI, OH 75,84075.8k $1.6m $1.6m 0.95% Unchanged
15 GREAT VALLEY ADVISOR GROUP, INC. 0.03% of their portfolio WILMINGTON, DE 69,42169.4k $1.4m $1.4m 0.03% Added +17.0k +17,047
16 Insight Advisors, LLC/ PA 0.20% of their portfolio Newtown, PA 63,11263.1k $1.3m $1.3m 0.20% Added +37.3k +37,293
17 OLD MISSION CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 45,19345.2k $922.2k $922.2k 0.03% New
18 INDEPENDENT FINANCIAL GROUP, LLC 0.02% of their portfolio SAN DIEGO, CA 44,00444.0k $897.9k $897.9k 0.02% Added +33.1k +33,083
19 Forefront Wealth Partners, LLC 0.17% of their portfolio AUSTIN, TX 32,29732.3k $659.0k $659.0k 0.17% New
20 Ameritas Advisory Services, LLC 0.04% of their portfolio Lincoln, NE 27,98228.0k $571.0k $571.0k 0.04% New
21 Capital Investment Advisory Services, LLC 0.04% of their portfolio RALEIGH, NC 24,48524.5k $499.6k $499.6k 0.04% Added +13.0k +13,010
22 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 21,54321.5k $439.6k $439.6k 0.01% New
23 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.02% of their portfolio CEDAR RAPIDS, IA 17,01017.0k $347.1k $347.1k 0.02% New
24 L.M. KOHN & COMPANY 0.41% of their portfolio CINCINNATI, OH 16,80016.8k $342.8k $342.8k 0.41% Added +2.5k +2,500
25 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 16,44216.4k $335.5k $335.5k 0.00% New
26 Capital Analysts, LLC 0.01% of their portfolio FORT WASHINGTON, PA 13,01313.0k $265.0k $265.0k 0.01% New
27 IFP Advisors, Inc 0.01% of their portfolio TAMPA, FL 12,84612.8k $262.1k $262.1k 0.01% Reduced -42 -42
28 TFB Advisors LLC 0.07% of their portfolio OVERLAND PARK, KS 12,58512.6k $257.5k $257.5k 0.07% Added +567 +567
29 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 12,21412.2k $249.2k $249.2k 0.00% Reduced -36.9k -36,865
30 Ferguson Shapiro LLC 0.07% of their portfolio DECATUR, GA 10,30410.3k $210.3k $210.3k 0.07% New
31 Rise Advisors, LLC 0.06% of their portfolio ROCHESTER, NY 7,5227.5k $153.5k $153.5k 0.06% New
32 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 7,3027.3k $149.0k $149.0k 0.00% Added +1.3k +1,302
33 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 500500 $10.2k $10.2k 0.00% New
34 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 6767 $1.4k $1.4k 0.00% Added +67 +67