Vault-13

FIRST TR EXCH TRADED FD III SDVD

FT VEST SMID · ETP · CUSIP 33738D820

88 institutional holders +4 vs Q1 2025
10,624,75010.6m shares reported held*
$218.2mreported value*
11 new 44 added 26 reduced 7 sold out net bought ≈ $22.9m (+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 ($3.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $20.53.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 23: 4Q4 23: 15Q1 24: 34Q2 24: 48Q3 24: 53Q4 24: 69Q1 25: 84Q2 25: 8888Q3 23Q1 24Q3 24Q1 25Q2 25
Numbers
QuarterHolders
Q3 20234
Q4 202315
Q1 202434
Q2 202448
Q3 202453
Q4 202469
Q1 202584
Q2 202588

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 14 bought or addedQ4 23: 2 cut or sold outQ4 23Q1 24: 32 bought or addedQ1 24: 3 cut or sold outQ2 24: 37 bought or addedQ2 24: 8 cut or sold outQ2 24Q3 24: 45 bought or addedQ3 24: 10 cut or sold outQ4 24: 56 bought or addedQ4 24: 4 cut or sold outQ4 24Q1 25: 65 bought or addedQ1 25: 16 cut or sold outQ2 25: 55 bought or addedQ2 25: 33 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023142
Q1 2024323
Q2 2024378
Q3 20244510
Q4 2024564
Q1 20256516
Q2 20255533

Biggest buyers

ROYAL BANK OF CANADA Added +321,593+321.6k
LPL Financial LLC Added +310,673+310.7k
Private Advisor Group, LLC New +267,822+267.8k
Kestra Advisory Services, LLC Added +138,162+138.2k
RiverTree Advisors, LLC Added +85,589+85.6k
OLD MISSION CAPITAL LLC New +66,301+66.3k
COMMONWEALTH EQUITY SERVICES, LLC Added +48,786+48.8k
FIRST TRUST ADVISORS LP Added +44,482+44.5k
Gladstone Institutional Advisory LLC New +42,023+42.0k
1776 Wealth LLC New +38,834+38.8k

Biggest sellers

&PARTNERS Reduced -120,736-120.7k
ENVESTNET ASSET MANAGEMENT INC Reduced -100,700-100.7k
Whipplewood Advisors, LLC Reduced -63,917-63.9k
Ergawealth Advisors, Inc. Reduced -41,938-41.9k
TRUIST FINANCIAL CORP Sold out -41,201-41.2k
RAYMOND JAMES FINANCIAL INC Reduced -40,533-40.5k
WINNACLE WEALTH LLC Sold out -36,231-36.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -31,765-31.8k
Virtue Capital Management, LLC Sold out -17,598-17.6k
CARY STREET PARTNERS FINANCIAL LLC Reduced -17,246-17.2k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FIRST TRUST PORTFOLIOS LP 13G · institution -1.8 pts · filed 2026-10-22 42.9% -1.8 pts 17.3m≈ $399.1m 2026-10-22

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,099,5321.1m $22.6m $22.6m 0.01% Reduced -40.5k -40,533
2 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 1,094,4121.1m $22.4m $22.4m 0.03% Added +48.8k +48,786
3 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,047,0841.0m $21.5m $21.5m 0.00% Added +321.6k +321,593
4 Steward Partners Investment Advisory, LLC 0.14% of their portfolio STAMFORD, CT 882,675882.7k $18.1m $18.1m 0.14% Reduced -6.6k -6,601
5 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 659,475659.5k $13.5m $13.5m 0.01% Added +3.5k +3,494
6 STEPHENS INC /AR/ 0.17% of their portfolio LITTLE ROCK, AR 594,988595.0k $12.2m $12.2m 0.17% Added +16.3k +16,333
7 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 400,213400.2k $8.2m $8.2m 0.00% Added +310.7k +310,673
8 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 386,485386.5k $7.9m $7.9m 0.01% Added +6.1k +6,129
9 Capital Investment Advisors, LLC 0.15% of their portfolio ATLANTA, GA 384,187384.2k $8.3m $8.3m 0.15% Added +2.6k +2,560
10 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 345,367345.4k $7.1m $7.1m 0.03% Added +138.2k +138,162
11 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 332,060332.1k $6.8m $6.8m 0.01% Added +31.4k +31,419
12 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 267,822267.8k $5.5m $5.5m 0.03% New
13 Bullseye Investment Management, LLC 3.18% of their portfolio CINCINNATI, OH 262,066262.1k $5.2m $5.2m 3.18% Unchanged
14 Snowden Capital Advisors LLC 0.12% of their portfolio New York, NY 204,030204.0k $4.2m $4.2m 0.12% Added +2.3k +2,306
15 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 197,333197.3k $4.0m $4.0m 0.00% Reduced -100.7k -100,700
16 RiverTree Advisors, LLC 2.58% of their portfolio WINTER PARK, FL 187,158187.2k $3.8m $3.8m 2.58% Added +85.6k +85,589
17 Prospera Financial Services Inc 0.05% of their portfolio Dallas, TX 129,764129.8k $2.7m $2.7m 0.05% Added +7.9k +7,940
18 Stonebridge Financial Planning Group, LLC 1.11% of their portfolio ORLANDO, FL 129,069129.1k $2.6m $2.6m 1.11% Added +4.4k +4,358
19 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 129,019129.0k $2.6m $2.6m 0.01% Added +6.7k +6,701
20 G&S Capital LLC 0.98% of their portfolio DENVER, CO 120,915120.9k $2.5m $2.5m 0.98% Added +4.6k +4,587
21 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 108,330108.3k $2.2m $2.2m 0.00% Added +44.5k +44,482
22 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 102,193102.2k $2.1m $2.1m 0.01% Reduced -1.5k -1,500
23 CHIRON CAPITAL MANAGEMENT, LLC 1.59% of their portfolio TALLAHASSEE, FL 89,25589.3k $1.8m $1.8m 1.59% Reduced -676 -676
24 HARBOUR INVESTMENTS, INC. 0.05% of their portfolio MADISON, WI 86,83886.8k $1.8m $1.8m 0.05% Added +7.6k +7,636
25 Ergawealth Advisors, Inc. 0.79% of their portfolio OAK BROOK, IL 85,77585.8k $1.8m $1.8m 0.79% Reduced -41.9k -41,938
26 IFP Advisors, Inc 0.05% of their portfolio TAMPA, FL 77,43877.4k $1.6m $1.6m 0.05% Added +9.1k +9,081
27 OLD MISSION CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 66,30166.3k $1.4m $1.4m 0.04% New
28 MTM Investment Management, LLC 0.45% of their portfolio SPARTANBURG, SC 65,45565.5k $1.3m $1.3m 0.45% Added +400 +400
29 INTEGRITY ALLIANCE, LLC. 0.07% of their portfolio Urbandale, IA 65,26565.3k $1.3m $1.3m 0.07% Added +13.2k +13,198
30 Whipplewood Advisors, LLC 0.65% of their portfolio LITTLETON, CO 57,34057.3k $1.2m $1.2m 0.65% Reduced -63.9k -63,917
31 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.09% of their portfolio ORLANDO, FL 54,41054.4k $1.1m $1.1m 0.09% Added +18.5k +18,518
32 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 53,86453.9k $1.1m $1.1m 0.00% Added +32.8k +32,762
33 Arax Advisory Partners 0.05% of their portfolio NEW YORK, NY 50,70550.7k $1.0m $1.0m 0.05% Added +7.8k +7,762
34 Maia Wealth LLC 0.20% of their portfolio DENVER, CO 50,26850.3k $1.0m $1.0m 0.20% Reduced -3.7k -3,711
35 Ameritas Advisory Services, LLC 0.05% of their portfolio Lincoln, NE 47,89447.9k $982.3k $982.3k 0.05% Reduced -7.4k -7,376
36 StoneX Group Inc. 0.04% of their portfolio NEW YORK, NY 43,80943.8k $898.5k $898.5k 0.04% Reduced -3.3k -3,262
37 Gladstone Institutional Advisory LLC 0.04% of their portfolio Bedminster, NJ 42,02342.0k $861.9k $861.9k 0.04% New
38 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 41,63141.6k $853.9k $853.9k 0.00% Reduced -31.8k -31,765
39 Garden State Investment Advisory Services LLC 0.23% of their portfolio Red Bank, NJ 41,18541.2k $844.7k $844.7k 0.23% Reduced -5.0k -5,036
40 1776 Wealth LLC 0.33% of their portfolio ATLANTA, GA 38,83438.8k $796.5k $796.5k 0.33% New
41 Capital Investment Advisory Services, LLC 0.06% of their portfolio RALEIGH, NC 36,60636.6k $750.8k $750.8k 0.06% Added +8.6k +8,563
42 Cambridge Advisors Inc. 0.15% of their portfolio OMAHA, NE 35,02935.0k $718.4k $718.4k 0.15% Added +13.9k +13,901
43 TrueWealth Advisors, LLC 0.18% of their portfolio BIRMINGHAM, AL 29,50029.5k $605.0k $605.0k 0.18% Added +765 +765
44 SILVER OAK SECURITIES, INCORPORATED 0.04% of their portfolio JACKSON, TN 25,94325.9k $532.1k $532.1k 0.04% Added +876 +876
45 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.04% of their portfolio CEDAR RAPIDS, IA 25,91925.9k $531.6k $531.6k 0.04% Added +9.1k +9,130
46 Core Wealth Partners LLC 0.27% of their portfolio SANTA ROSA, CA 25,64825.6k $526.0k $526.0k 0.27% Added +5.5k +5,452
47 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 25,45325.5k $522.0k $522.0k 0.00% Reduced -98 -98
48 Schulz Wealth, LTD. 0.36% of their portfolio MANSFIELD, TX 23,70023.7k $486.1k $486.1k 0.36% Unchanged
49 Trueblood Wealth Management, LLC 0.20% of their portfolio LIMA, OH 23,44523.4k $480.9k $480.9k 0.20% Added +1.6k +1,637
50 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 22,84422.8k $469.0k $469.0k 0.00% Added +927 +927
51 CARY STREET PARTNERS FINANCIAL LLC 0.01% of their portfolio RICHMOND, VA 22,42622.4k $460.0k $460.0k 0.01% Reduced -17.2k -17,246
52 Next Level Private LLC 0.15% of their portfolio HARRISON, NY 22,40322.4k $459.5k $459.5k 0.15% Reduced -3.3k -3,257
53 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 21,03821.0k $431.5k $431.5k 0.00% Reduced -5.9k -5,930
54 INDEPENDENT FINANCIAL GROUP, LLC 0.01% of their portfolio SAN DIEGO, CA 20,35920.4k $417.6k $417.6k 0.01% Added +2.5k +2,513
55 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 20,11620.1k $412.6k $412.6k 0.01% Added +8.8k +8,782
56 Faithward Advisors, LLC 0.06% of their portfolio LANCASTER, PA 19,80719.8k $406.2k $406.2k 0.06% Added +520 +520
57 Balboa Wealth Partners 0.08% of their portfolio SCOTTSDALE, AZ 18,50418.5k $379.5k $379.5k 0.08% Added +8.1k +8,054
58 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 17,53117.5k $359.6k $359.6k 0.00% Added +12 +12
59 TKG Advisors, LLC 0.15% of their portfolio VALPARAISO, IN 16,68616.7k $342.2k $342.2k 0.15% Added +2.4k +2,422
60 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 16,56116.6k $339.7k $339.7k 0.00% Reduced -1.0k -1,027
61 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 14,59114.6k $299.3k $299.3k 0.00% Added +2.6k +2,650
62 SYNOVUS FINANCIAL CORP 0.00% of their portfolio Columbus, GA 14,45614.5k $296.6k $296.6k 0.00% Added +1.7k +1,695
63 CreativeOne Wealth, LLC 0.01% of their portfolio OVERLAND PARK, KS 14,39314.4k $295.2k $295.2k 0.01% Reduced -7.8k -7,763
64 Capital Analysts, LLC 0.01% of their portfolio FORT WASHINGTON, PA 14,33414.3k $294.0k $294.0k 0.01% Added +85 +85
65 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 14,30514.3k $293.4k $293.4k 0.00% Reduced -5.3k -5,330
66 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 14,17214.2k $294.9k $294.9k 0.00% Added +2.8k +2,841
67 NOVEM GROUP 0.04% of their portfolio Rochester, NY 13,90113.9k $285.1k $285.1k 0.04% New
68 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 13,87313.9k $284.5k $284.5k 0.01% Reduced -574 -574
69 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 12,76412.8k $261.8k $261.8k 0.00% Reduced -120.7k -120,736
70 Independent Wealth Network Inc. 0.09% of their portfolio URBANDALE, IA 12,47012.5k $255.8k $255.8k 0.09% Reduced -343 -343
71 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 10,01610.0k $205.4k $205.4k 0.00% New
72 L.M. KOHN & COMPANY 0.06% of their portfolio CINCINNATI, OH 9,97010.0k $204.5k $204.5k 0.06% Reduced -1.2k -1,175
73 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 9,8459.8k $201.9k $201.9k 0.00% New
74 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 5,9325.9k $121.7k $121.7k 0.00% New
75 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,0765.1k $104.1k $104.1k 0.00% Added +107 +107
76 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 3,8863.9k $79.7k $79.7k 0.00% Added +3.5k +3,540
77 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 2,3642.4k $48.0k $48.0k 0.00% Added +147 +147
78 Catherine Avery Investment Management LLC 0.03% of their portfolio LONGBOAT KEY, FL 2,1632.2k $44.4k $44.4k 0.03% Reduced -2.0k -1,961
79 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 2,0002.0k $41.0k $41.0k 0.00% New
80 CWM, LLC 0.00% of their portfolio OMAHA, NE 1,9672.0k $40.0k $40.0k 0.00% New
81 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 1,0791.1k $22.1k $22.1k 0.00% Reduced -271 -271
82 Pacifica Partners Inc. 0.01% of their portfolio SURREY, Z4 880880 $18.1k $18.1k 0.01% Unchanged
83 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 600600 $12.3k $12.3k 0.00% New
84 COMERICA BANK 0.00% of their portfolio DALLAS, TX 496496 $10.2k $10.2k 0.00% Unchanged
85 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 180180 $3.7k $3.7k 0.00% Unchanged
86 DHJJ Financial Advisors, Ltd. 0.00% of their portfolio NAPERVILLE, IL 2020 $411 $411 0.00% Unchanged
87 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $5 $5 0.00% Reduced -1 -1
88 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged