Vault-13

FIRST TR EXCHANGE-TRADED FD RDVI

FT VEST RIS · ETP · CUSIP 33738D879

246 institutional holders +15 vs Q1 2025
49,456,75749.5m shares reported held*
$1.2bnreported value*
36 new 133 added 55 reduced 20 sold out net bought ≈ $179.5m (+7.4m 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 ($3.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $24.71. Options: 2 managers hold calls ($748.7k notional), 0 hold puts (—).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 1Q4 22: 16Q1 23: 43Q2 23: 80Q3 23: 102Q4 23: 134Q1 24: 150Q2 24: 168Q3 24: 192Q4 24: 225Q1 25: 231Q2 25: 246246Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 20221
Q4 202216
Q1 202343
Q2 202380
Q3 2023102
Q4 2023134
Q1 2024150
Q2 2024168
Q3 2024192
Q4 2024225
Q1 2025231
Q2 2025246

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 92 bought or addedQ3 23: 11 cut or sold outQ4 23: 85 bought or addedQ4 23: 31 cut or sold outQ4 23Q1 24: 113 bought or addedQ1 24: 36 cut or sold outQ2 24: 132 bought or addedQ2 24: 30 cut or sold outQ2 24Q3 24: 139 bought or addedQ3 24: 37 cut or sold outQ4 24: 158 bought or addedQ4 24: 44 cut or sold outQ4 24Q1 25: 160 bought or addedQ1 25: 69 cut or sold outQ2 25: 169 bought or addedQ2 25: 75 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20239211
Q4 20238531
Q1 202411336
Q2 202413230
Q3 202413937
Q4 202415844
Q1 202516069
Q2 202516975

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $33.9kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $748.7kQ2 25 puts: $0Q2 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2024$0$0—
Q4 2024$33.9k$00.00
Q1 2025$0$0—
Q2 2025$748.7k$00.00

Biggest buyers

ROYAL BANK OF CANADA Added +2,025,398+2.0m
LPL Financial LLC Added +915,735+915.7k
Focus Partners Wealth New +857,825+857.8k
STIFEL FINANCIAL CORP Added +670,345+670.3k
Prime Capital Investment Advisors, LLC Added +547,567+547.6k
Beaumont Financial Advisors, LLC New +508,460+508.5k
Clarus Group, Inc. New +433,007+433.0k
RAYMOND JAMES FINANCIAL INC Added +407,656+407.7k
Atlas Private Wealth Advisors Added +370,852+370.9k
PRINCIPAL SECURITIES, INC. Added +299,958+300.0k

Biggest sellers

TRUIST FINANCIAL CORP Reduced -1,146,057-1.1m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,042,885-1.0m
B. Riley Wealth Advisors, Inc. Reduced -348,239-348.2k
Luken Investment Analytics, LLC Reduced -192,293-192.3k
&PARTNERS Reduced -175,203-175.2k
Midwest Financial Group LLC Reduced -122,923-122.9k
GOLDMAN SACHS GROUP INC Sold out -99,240-99.2k
JANE STREET GROUP, LLC Reduced -93,644-93.6k
Global Assets Advisory, LLC Reduced -73,075-73.1k
Ergawealth Advisors, Inc. Reduced -63,982-64.0k

Biggest calls

CITADEL ADVISORS LLC New $499.1k20.2k shares
Belvedere Trading LLC New $249.6k10.1k 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.

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 -1.4 pts · filed 2026-10-14 11.1% -1.4 pts 14.7m≈ $431.9m 2026-10-14

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 7,805,0407.8m $192.9m $192.9m 0.06% Added +915.7k +915,735
2 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 3,698,1603.7m $91.4m $91.4m 0.01% Added +2.0m +2,025,398
3 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,589,3402.6m $64.0m $64.0m 0.02% Added +407.7k +407,656
4 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 2,371,0522.4m $58.6m $58.6m 0.01% Added +282.0k +282,035
5 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 2,142,9912.1m $53.0m $53.0m 0.05% Added +670.3k +670,345
6 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 1,826,7701.8m $45.1m $45.1m 0.06% Added +126.7k +126,739
7 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,521,5611.5m $37.6m $37.6m 0.06% Added +159.3k +159,276
8 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 1,206,4461.2m $29.8m $29.8m 0.05% Added +34.5k +34,486
9 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 1,020,1751.0m $25.2m $25.2m 0.04% Added +95.5k +95,466
10 Atlas Private Wealth Advisors 2.87% of their portfolio RED BANK, NJ 903,006903.0k $22.3m $22.3m 2.87% Added +370.9k +370,852
11 Focus Partners Wealth 0.05% of their portfolio ST LOUIS, MO 857,825857.8k $21.2m $21.2m 0.05% New
12 PINNACLE ASSOCIATES LTD 0.28% of their portfolio NEW YORK, NY 772,479772.5k $19.1m $19.1m 0.28% Added +40.8k +40,772
13 PARK NATIONAL CORP /OH/ 0.59% of their portfolio NEWARK, OH 718,063718.1k $17.7m $17.7m 0.59% Added +17.9k +17,860
14 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 687,426687.4k $17.0m $17.0m 0.05% Added +15.8k +15,846
15 Arax Advisory Partners 0.78% of their portfolio NEW YORK, NY 685,753685.8k $16.9m $16.9m 0.78% Added +161.0k +161,000
16 Prospera Financial Services Inc 0.31% of their portfolio Dallas, TX 683,304683.3k $16.9m $16.9m 0.31% Added +102.6k +102,624
17 Kestra Advisory Services, LLC 0.08% of their portfolio AUSTIN, TX 645,042645.0k $15.9m $15.9m 0.08% Added +175.4k +175,438
18 Second Half Financial Partners, LLC 7.38% of their portfolio SEBRING, FL 634,190634.2k $15.7m $15.7m 7.38% Added +13.8k +13,759
19 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 613,236613.2k $15.2m $15.2m 0.00% Reduced -1.0m -1,042,885
20 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 591,620591.6k $14.8m $14.8m 0.02% Added +37.7k +37,739
21 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 575,752575.8k $14.2m $14.2m 0.04% Added +72.0k +72,016
22 HARBOUR INVESTMENTS, INC. 0.35% of their portfolio MADISON, WI 564,819564.8k $14.0m $14.0m 0.35% Added +52.8k +52,815
23 Prime Capital Investment Advisors, LLC 0.19% of their portfolio OVERLAND PARK, KS 564,607564.6k $14.0m $14.0m 0.19% Added +547.6k +547,567
24 ADAMSBROWN WEALTH CONSULTANTS LLC 3.88% of their portfolio WICHITA, KS 541,004541.0k $13.4m $13.4m 3.88% Added +72.1k +72,065
25 VestGen Advisors, LLC 0.53% of their portfolio CHICAGO, IL 534,906534.9k $13.2m $13.2m 0.53% Added +47.3k +47,316
26 Beaumont Financial Advisors, LLC 0.91% of their portfolio NEEDHAM, MA 508,460508.5k $12.6m $12.6m 0.91% New
27 Luken Investment Analytics, LLC 5.16% of their portfolio BRENTWOOD, TN 476,310476.3k $11.8m $11.8m 5.16% Reduced -192.3k -192,293
28 Clarus Group, Inc. 3.93% of their portfolio HOUSTON, TX 433,007433.0k $10.7m $10.7m 3.93% New
29 Argent Advisors, Inc. 2.95% of their portfolio RUSTON, LA 386,701386.7k $9.6m $9.6m 2.95% Reduced -11.3k -11,316
30 Summit Financial Wealth Advisors, LLC 1.53% of their portfolio Lafayette, LA 345,993346.0k $8.5m $8.5m 1.53% Reduced -2.0k -1,956
31 SILVER OAK SECURITIES, INCORPORATED 0.71% of their portfolio JACKSON, TN 344,821344.8k $8.5m $8.5m 0.71% Added +81.1k +81,128
32 Echo Wealth Management, LLC 5.07% of their portfolio PLYMOUTH, MN 334,806334.8k $8.3m $8.3m 5.07% Reduced -675 -675
33 Pinnacle Wealth Management Advisory Group, LLC 0.65% of their portfolio RED BANK, NJ 318,232318.2k $7.9m $7.9m 0.65% Added +24.0k +24,020
34 Integrated Wealth Concepts LLC 0.08% of their portfolio WALTHAM, MA 315,465315.5k $7.8m $7.8m 0.08% Reduced -4.0k -4,025
35 Mariner, LLC 0.01% of their portfolio Overland Park, KS 310,752310.8k $7.7m $7.7m 0.01% Added +67.6k +67,556
36 PRINCIPAL SECURITIES, INC. 0.14% of their portfolio DES MOINES, IA 305,342305.3k $7.5m $7.5m 0.14% Added +300.0k +299,958
37 Good Life Advisors, LLC 0.46% of their portfolio READING, PA 296,484296.5k $7.3m $7.3m 0.46% Added +31.0k +31,047
38 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 294,238294.2k $7.3m $7.3m 0.01% Added +165.5k +165,523
39 Cooper Capital Advisors LLC 6.95% of their portfolio Encinitas, CA 291,424291.4k $7.2m $7.2m 6.95% New
40 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 282,398282.4k $7.0m $7.0m 0.01% Added +2.2k +2,163
41 Coppell Advisory Solutions LLC 0.47% of their portfolio COPPELL, TX 270,446270.4k $6.7m $6.7m 0.47% Added +251.9k +251,883
42 Concurrent Investment Advisors, LLC 0.11% of their portfolio Tampa, FL 228,560228.6k $5.6m $5.6m 0.11% Added +36.8k +36,805
43 Ergawealth Advisors, Inc. 2.13% of their portfolio OAK BROOK, IL 191,905191.9k $4.7m $4.7m 2.13% Reduced -64.0k -63,982
44 Kingsview Wealth Management, LLC 0.08% of their portfolio GRANTS PASS, OR 189,271189.3k $4.7m $4.7m 0.08% Added +22.4k +22,362
45 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 187,433187.4k $4.6m $4.6m 0.01% Reduced -1.1m -1,146,057
46 AVANTAX ADVISORY SERVICES, INC. 0.02% of their portfolio DALLAS, TX 179,318179.3k $4.4m $4.4m 0.02% Reduced -2.5k -2,472
47 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 167,898167.9k $4.1m $4.1m 0.02% Reduced -40.5k -40,548
48 Gateway Wealth Partners, LLC 0.78% of their portfolio APPLETON, WI 166,853166.9k $4.1m $4.1m 0.78% Added +4.4k +4,424
49 Stratos Wealth Partners, LTD. 0.05% of their portfolio BEACHWOOD, OH 163,639163.6k $4.0m $4.0m 0.05% Added +140.0k +139,977
50 Prostatis Group LLC 1.14% of their portfolio HANOVER, MD 161,224161.2k $4.0m $4.0m 1.14% Added +16.3k +16,325
51 Capital Investment Advisory Services, LLC 0.30% of their portfolio RALEIGH, NC 148,096148.1k $3.7m $3.7m 0.30% Added +10.4k +10,424
52 Patriot Financial Group Insurance Agency, LLC 0.41% of their portfolio Westborough, MA 144,676144.7k $3.6m $3.6m 0.41% Added +22.6k +22,646
53 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 142,300142.3k $3.5m $3.5m 0.02% Reduced -14.1k -14,090
54 Prosperity Financial Group, Inc. 1.48% of their portfolio San Ramon, CA 140,889140.9k $3.5m $3.5m 1.48% Added +10.8k +10,765
55 RFG Advisory, LLC 0.08% of their portfolio BIRMINGHAM, AL 134,626134.6k $3.3m $3.3m 0.08% Added +42.6k +42,650
56 Snowden Capital Advisors LLC 0.10% of their portfolio New York, NY 134,011134.0k $3.3m $3.3m 0.10% Added +3.2k +3,248
57 G&S Capital LLC 1.29% of their portfolio DENVER, CO 132,218132.2k $3.3m $3.3m 1.29% Added +1.5k +1,533
58 Trueblood Wealth Management, LLC 1.35% of their portfolio LIMA, OH 130,488130.5k $3.2m $3.2m 1.35% Added +6.9k +6,924
59 Whipplewood Advisors, LLC 1.75% of their portfolio LITTLETON, CO 128,883128.9k $3.2m $3.2m 1.75% Added +124.0k +123,976
60 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 121,952122.0k $3.0m $3.0m 0.00% Added +63.3k +63,271
61 Semus Wealth Partners LLC 1.91% of their portfolio Boca Raton, FL 119,335119.3k $2.9m $2.9m 1.91% Added +4.0k +3,981
62 J.W. COLE ADVISORS, INC. 0.06% of their portfolio TAMPA, FL 118,014118.0k $2.9m $2.9m 0.06% Added +30.0k +29,971
63 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 114,906114.9k $2.8m $2.8m 0.02% Added +2.3k +2,294
64 Atlas Wealth LLC 1.03% of their portfolio CINCINNATI, OH 113,306113.3k $2.8m $2.8m 1.03% Added +746 +746
65 ARQ WEALTH ADVISORS, LLC 0.90% of their portfolio SCOTTSDALE, AZ 109,947109.9k $2.6m $2.6m 0.90% Unchanged
66 Midwest Financial Group LLC 1.41% of their portfolio Overland Park, KS 108,595108.6k $2.7m $2.7m 1.41% Reduced -122.9k -122,923
67 RiverTree Advisors, LLC 1.76% of their portfolio WINTER PARK, FL 106,154106.2k $2.6m $2.6m 1.76% New
68 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 105,675105.7k $2.6m $2.6m 0.02% Added +19.9k +19,859
69 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 98,55398.6k $2.4m $2.4m 0.02% Added +7.1k +7,074
70 STEPHENS INC /AR/ 0.03% of their portfolio LITTLE ROCK, AR 98,23598.2k $2.4m $2.4m 0.03% Added +4.6k +4,640
71 Rehmann Capital Advisory Group 0.15% of their portfolio LANSING, MI 97,70297.7k $2.4m $2.4m 0.15% Added +9.8k +9,767
72 StoneX Group Inc. 0.11% of their portfolio NEW YORK, NY 93,33193.3k $2.3m $2.3m 0.11% Added +3.3k +3,252
73 OPPENHEIMER & CO INC 0.03% of their portfolio NEW YORK, NY 92,54492.5k $2.3m $2.3m 0.03% Added +58.0k +57,976
74 Maridea Wealth Management LLC 0.58% of their portfolio BROOKLYN, NY 89,94189.9k $2.2m $2.2m 0.58% New
75 KPP Advisory Services LLC 0.36% of their portfolio Louisville, KY 88,13088.1k $2.2m $2.2m 0.36% Added +1.8k +1,786
76 Capital Analysts, LLC 0.07% of their portfolio FORT WASHINGTON, PA 87,48487.5k $2.2m $2.2m 0.07% Reduced -535 -535
77 Atria Wealth Solutions, Inc. 0.05% of their portfolio NEW YORK, NY 82,16282.2k $2.0m $2.0m 0.05% Added +2.9k +2,857
78 Balboa Wealth Partners 0.40% of their portfolio SCOTTSDALE, AZ 81,58881.6k $2.0m $2.0m 0.40% Added +30.3k +30,338
79 Delta Investment Management, LLC 0.38% of their portfolio SAN FRANCISCO, CA 79,77779.8k $2.0m $2.0m 0.38% Added +7.9k +7,889
80 WEDBUSH SECURITIES INC 0.07% of their portfolio PASADENA, CA 75,37275.4k $1.9m $1.9m 0.07% Added +6.3k +6,297
81 IHT Wealth Management, LLC 0.05% of their portfolio Chicago, IL 75,31975.3k $1.9m $1.9m 0.05% Added +40.3k +40,308
82 INDEPENDENT FINANCIAL GROUP, LLC 0.05% of their portfolio SAN DIEGO, CA 75,31075.3k $1.9m $1.9m 0.05% Added +41.9k +41,866
83 Aurora Private Wealth, Inc. 1.37% of their portfolio ROCKAWAY, NJ 74,97175.0k $1.9m $1.9m 1.37% Added +44.1k +44,120
84 IFP Advisors, Inc 0.05% of their portfolio TAMPA, FL 74,07174.1k $1.8m $1.8m 0.05% Reduced -5.7k -5,733
85 Truvestments Capital LLC 0.34% of their portfolio SARASOTA, FL 69,38869.4k $1.7m $1.7m 0.34% Reduced -12.1k -12,111
86 Stonebridge Financial Planning Group, LLC 0.71% of their portfolio ORLANDO, FL 68,69668.7k $1.7m $1.7m 0.71% Added +5.3k +5,251
87 Triumph Capital Management 0.49% of their portfolio DENVER, CO 66,30366.3k $1.6m $1.6m 0.49% New
88 KESTRA PRIVATE WEALTH SERVICES, LLC 0.02% of their portfolio AUSTIN, TX 65,37665.4k $1.6m $1.6m 0.02% Added +7.5k +7,502
89 Boyce & Associates Wealth Consulting, Inc. 1.47% of their portfolio CEDAR PARK, TX 65,34565.3k $1.6m $1.6m 1.47% Added +9.7k +9,703
90 SYNOVUS FINANCIAL CORP 0.02% of their portfolio Columbus, GA 64,96765.0k $1.6m $1.6m 0.02% Added +53.0k +53,012
91 CWM, LLC 0.01% of their portfolio OMAHA, NE 64,94264.9k $1.6m $1.6m 0.01% Added +2.8k +2,815
92 Ausdal Financial Partners, Inc. 0.11% of their portfolio Davenport, IA 64,65664.7k $1.6m $1.6m 0.11% Added +1.1k +1,111
93 Brookstone Capital Management 0.02% of their portfolio WHEATON, IL 62,87562.9k $1.6m $1.6m 0.02% Added +19.3k +19,323
94 Econ Financial Services Corp 0.80% of their portfolio HARRISBURG, PA 62,53062.5k $1.5m $1.5m 0.80% Reduced -4.0k -4,021
95 Owen LaRue, LLC 0.65% of their portfolio ELIZABETHTOWN, KY 62,13662.1k $1.5m $1.5m 0.65% Reduced -33.1k -33,138
96 GPS Wealth Strategies Group, LLC 0.17% of their portfolio CENTENNIAL, CO 58,68358.7k $1.5m $1.5m 0.17% Added +8.3k +8,278
97 Moloney Securities Asset Management, LLC 0.18% of their portfolio MANCHESTER, MO 58,62058.6k $1.4m $1.4m 0.18% Added +2.1k +2,066
98 Sequent Planning LLC 0.45% of their portfolio OMAHA, NE 57,28657.3k $1.4m $1.4m 0.45% Added +3.2k +3,182
99 Ameritas Advisory Services, LLC 0.07% of their portfolio Lincoln, NE 56,36556.4k $1.4m $1.4m 0.07% Reduced -5.0k -5,014
100 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 56,32056.3k $1.4m $1.4m 0.01% Added +11.8k +11,793