Vault-13

FIRST TR EXCHANGE-TRADED FD RDVI

FT VEST RIS · ETP · CUSIP 33738D879

281 institutional holders +32 vs Q3 2025
58,566,14758.6m shares reported held*
$1.5bnreported value*
33 new 153 added 64 reduced 10 sold out net bought ≈ $140.1m (+5.3m 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 ($384.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $26.25. Options: 1 managers hold calls ($267.6k notional), 0 hold puts (—).

Trends to Q4 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: 246Q3 25: 249Q4 25: 281281Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 2025249
Q4 2025281

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 25Q3 25: 173 bought or addedQ3 25: 72 cut or sold outQ4 25: 186 bought or addedQ4 25: 74 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202411336
Q2 202413230
Q3 202413937
Q4 202415844
Q1 202516069
Q2 202516975
Q3 202517372
Q4 202518674

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $748.7kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $258.5kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $267.6kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$748.7k$00.00
Q3 2025$258.5k$00.00
Q4 2025$267.6k$00.00

Biggest buyers

LPL Financial LLC Added +762,029+762.0k
RAYMOND JAMES FINANCIAL INC Added +757,533+757.5k
Arax Advisory Partners New +729,093+729.1k
OSAIC HOLDINGS, INC. Added +613,273+613.3k
WELLS FARGO & COMPANY/MN Added +291,563+291.6k
CWM, LLC Added +217,262+217.3k
ROYAL BANK OF CANADA Added +215,937+215.9k
Kestra Advisory Services, LLC Added +203,436+203.4k
CREATIVE FINANCIAL DESIGNS INC /ADV New +191,287+191.3k
HighPoint Advisor Group LLC New +179,891+179.9k

Biggest sellers

Prospera Financial Services Inc Reduced -194,011-194.0k
Focus Partners Wealth Reduced -159,036-159.0k
Integrated Wealth Concepts LLC Reduced -157,440-157.4k
Sanctuary Advisors, LLC Reduced -112,066-112.1k
Ergawealth Advisors, Inc. Reduced -102,456-102.5k
Midwest Financial Group LLC Reduced -100,309-100.3k
VestGen Advisors, LLC Reduced -65,171-65.2k
Econ Financial Services Corp Sold out -63,449-63.4k
GPS Wealth Strategies Group, LLC Reduced -48,920-48.9k
NFSG Corp Sold out -42,192-42.2k

Biggest calls

CITADEL ADVISORS LLC Added $267.6k10.2k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 10,035,65410.0m $263.3m $263.3m 0.07% Added +762.0k +762,029
2 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 3,761,1003.8m $98.7m $98.7m 0.03% Added +757.5k +757,533
3 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 2,928,9562.9m $76.9m $76.9m 0.02% Added +291.6k +291,563
4 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 2,260,3052.3m $59.3m $59.3m 0.05% Added +41.1k +41,090
5 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,182,1062.2m $57.3m $57.3m 0.01% Added +215.9k +215,937
6 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 2,121,7292.1m $55.7m $55.7m 0.06% Added +24.1k +24,106
7 OSAIC HOLDINGS, INC. 0.08% of their portfolio SCOTTSDALE, AZ 2,094,1532.1m $55.0m $55.0m 0.08% Added +613.3k +613,273
8 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 1,974,3672.0m $51.8m $51.8m 0.07% Added +34.5k +34,531
9 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 1,015,5211.0m $26.6m $26.6m 0.07% Added +106.8k +106,758
10 Kestra Advisory Services, LLC 0.11% of their portfolio AUSTIN, TX 1,010,3521.0m $26.5m $26.5m 0.11% Added +203.4k +203,436
11 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 1,000,4721.0m $26.3m $26.3m 0.04% Added +37.8k +37,777
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 918,311918.3k $24.1m $24.1m 0.01% Reduced -4.8k -4,777
13 PINNACLE ASSOCIATES LTD 0.28% of their portfolio NEW YORK, NY 835,957836.0k $21.9m $21.9m 0.28% Added +36.3k +36,297
14 Arax Advisory Partners 0.56% of their portfolio NEW YORK, NY 729,093729.1k $19.1m $19.1m 0.56% New
15 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 697,376697.4k $18.3m $18.3m 0.02% Reduced -159.0k -159,036
16 PARK NATIONAL CORP /OH/ 0.55% of their portfolio NEWARK, OH 673,817673.8k $17.7m $17.7m 0.55% Reduced -20.1k -20,080
17 Merit Financial Group, LLC 0.14% of their portfolio ALPHARETTA, GA 673,128673.1k $17.7m $17.7m 0.14% Added +27.1k +27,125
18 ADAMSBROWN WEALTH CONSULTANTS LLC 4.72% of their portfolio WICHITA, KS 645,816645.8k $16.9m $16.9m 4.72% Added +50.5k +50,479
19 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 639,304639.3k $17.4m $17.4m 0.02% Added +20.1k +20,149
20 Luken Investment Analytics, LLC 6.61% of their portfolio BRENTWOOD, TN 638,585638.6k $16.8m $16.8m 6.61% Added +10.8k +10,833
21 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 628,660628.7k $16.5m $16.5m 0.04% Added +39.7k +39,717
22 HARBOUR INVESTMENTS, INC. 0.33% of their portfolio MADISON, WI 628,440628.4k $16.5m $16.5m 0.33% Added +36.4k +36,449
23 Second Half Financial Partners, LLC 7.32% of their portfolio SEBRING, FL 628,118628.1k $16.5m $16.5m 7.32% Unchanged
24 Prime Capital Investment Advisors, LLC 0.20% of their portfolio OVERLAND PARK, KS 612,237612.2k $16.1m $16.1m 0.20% Added +21.4k +21,366
25 Prospera Financial Services Inc 0.24% of their portfolio Dallas, TX 559,076559.1k $14.7m $14.7m 0.24% Reduced -194.0k -194,011
26 VestGen Advisors, LLC 0.55% of their portfolio CHICAGO, IL 496,645496.6k $13.0m $13.0m 0.55% Reduced -65.2k -65,171
27 Beaumont Financial Advisors, LLC 0.86% of their portfolio NEEDHAM, MA 495,748495.7k $13.0m $13.0m 0.86% Added +4.6k +4,571
28 Atlas Private Wealth Advisors 2.84% of their portfolio RED BANK, NJ 462,977463.0k $12.1m $12.1m 2.84% Reduced -21.4k -21,350
29 Argent Advisors, Inc. 3.19% of their portfolio RUSTON, LA 435,733435.7k $11.4m $11.4m 3.19% Added +29.3k +29,309
30 Clarus Group, Inc. 4.10% of their portfolio HOUSTON, TX 433,554433.6k $11.4m $11.4m 4.10% Reduced -10.8k -10,825
31 SILVER OAK SECURITIES, INCORPORATED 0.77% of their portfolio JACKSON, TN 430,969431.0k $11.4m $11.4m 0.77% Added +30.9k +30,945
32 Summit Financial Wealth Advisors, LLC 1.39% of their portfolio Lafayette, LA 370,291370.3k $9.7m $9.7m 1.39% Added +4.0k +4,016
33 Integrated Wealth Concepts LLC 0.11% of their portfolio WALTHAM, MA 363,297363.3k $9.5m $9.5m 0.11% Reduced -157.4k -157,440
34 Pinnacle Wealth Management Advisory Group, LLC 0.62% of their portfolio RED BANK, NJ 342,206342.2k $9.0m $9.0m 0.62% Added +19.9k +19,914
35 Echo Wealth Management, LLC 5.14% of their portfolio PLYMOUTH, MN 335,205335.2k $8.8m $8.8m 5.14% Reduced -5.1k -5,114
36 Mariner, LLC 0.01% of their portfolio Overland Park, KS 331,192331.2k $8.7m $8.7m 0.01% Added +9.0k +8,971
37 Cooper Capital Advisors LLC 5.42% of their portfolio Encinitas, CA 328,003328.0k $8.6m $8.6m 5.42% Added +16.3k +16,302
38 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 327,825327.8k $8.6m $8.6m 0.01% Added +34.5k +34,534
39 &PARTNERS 0.04% of their portfolio NASHVILLE, TN 323,135323.1k $8.5m $8.5m 0.04% Added +128.8k +128,825
40 Snowden Capital Advisors LLC 0.21% of their portfolio New York, NY 315,133315.1k $8.3m $8.3m 0.21% Added +62.6k +62,587
41 Concurrent Investment Advisors, LLC 0.09% of their portfolio Tampa, FL 314,448314.4k $8.3m $8.3m 0.09% Added +58.5k +58,476
42 CWM, LLC 0.02% of their portfolio OMAHA, NE 279,285279.3k $7.3m $7.3m 0.02% Added +217.3k +217,262
43 PRINCIPAL SECURITIES, INC. 0.11% of their portfolio DES MOINES, IA 270,747270.7k $7.1m $7.1m 0.11% Reduced -19.1k -19,140
44 Stratos Wealth Partners, LTD. 0.07% of their portfolio BEACHWOOD, OH 252,624252.6k $6.6m $6.6m 0.07% Added +75.7k +75,674
45 Oxford Wealth Group, LLC 3.07% of their portfolio ORLANDO, FL 241,000241.0k $6.3m $6.3m 3.07% First filing
46 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 240,000240.0k $6.3m $6.3m 0.03% Added +57.4k +57,396
47 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 224,729224.7k $5.9m $5.9m 0.01% Added +23.3k +23,265
48 CREATIVE FINANCIAL DESIGNS INC /ADV 0.32% of their portfolio KOKOMO, IN 191,287191.3k $5.0m $5.0m 0.32% New
49 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 190,337190.3k $5.0m $5.0m 0.02% Added +4.3k +4,313
50 RFG Advisory, LLC 0.09% of their portfolio BIRMINGHAM, AL 188,851188.9k $5.0m $5.0m 0.09% Added +15.1k +15,067
51 Pinnacle Financial Partners, Inc. 0.04% of their portfolio ATLANTA, GA 188,725188.7k $5.0m $5.0m 0.04% First filing
52 Aurora Private Wealth, Inc. 3.21% of their portfolio ROCKAWAY, NJ 186,124186.1k $4.9m $4.9m 3.21% First filing
53 ARQ WEALTH ADVISORS, LLC 1.31% of their portfolio SCOTTSDALE, AZ 185,665185.7k $4.9m $4.9m 1.31% Added +3.9k +3,932
54 Summit Financial, LLC 0.07% of their portfolio PARSIPPANY, NJ 183,459183.5k $4.8m $4.8m 0.07% Reduced -4.2k -4,150
55 Capital Investment Advisory Services, LLC 0.34% of their portfolio RALEIGH, NC 182,320182.3k $4.8m $4.8m 0.34% Added +4.5k +4,522
56 HighPoint Advisor Group LLC 0.10% of their portfolio DOWNERS GROVE, IL 179,891179.9k $4.7m $4.7m 0.10% New
57 StoneCrest Wealth Management, Inc. 1.89% of their portfolio CHANDLER, AZ 178,814178.8k $4.7m $4.7m 1.89% New
58 Meadow Creek Wealth Advisors LLC 2.83% of their portfolio ATLANTA, GA 168,700168.7k $4.4m $4.4m 2.83% Added +734 +734
59 Coppell Advisory Solutions LLC 0.43% of their portfolio COPPELL, TX 163,125163.1k $4.3m $4.3m 0.43% Added +3.0k +2,996
60 Trueblood Wealth Management, LLC 1.67% of their portfolio LIMA, OH 162,908162.9k $4.3m $4.3m 1.67% Added +20.3k +20,333
61 J.W. COLE ADVISORS, INC. 0.10% of their portfolio TAMPA, FL 157,747157.7k $4.0m $4.0m 0.10% Added +16.5k +16,500
62 Farther Finance Advisors, LLC 0.04% of their portfolio SAN FRANCISCO, CA 156,542156.5k $4.1m $4.1m 0.04% Added +87.7k +87,666
63 Patriot Financial Group Insurance Agency, LLC 0.49% of their portfolio Westborough, MA 155,718155.7k $4.1m $4.1m 0.49% Added +4.6k +4,574
64 Gateway Wealth Partners, LLC 0.45% of their portfolio APPLETON, WI 154,849154.8k $4.1m $4.1m 0.45% Reduced -14.5k -14,529
65 Prosperity Financial Group, Inc. 1.44% of their portfolio San Ramon, CA 152,097152.1k $4.0m $4.0m 1.44% Reduced -3.2k -3,182
66 INDEPENDENT FINANCIAL GROUP, LLC 0.09% of their portfolio SAN DIEGO, CA 150,125150.1k $3.9m $3.9m 0.09% Added +21.8k +21,753
67 StoneX Group Inc. 0.17% of their portfolio NEW YORK, NY 149,757149.8k $3.9m $3.9m 0.17% Added +28.4k +28,425
68 Whipplewood Advisors, LLC 2.47% of their portfolio LITTLETON, CO 146,740146.7k $3.9m $3.9m 2.47% Added +18.7k +18,700
69 G&S Capital LLC 1.36% of their portfolio DENVER, CO 146,702146.7k $3.8m $3.8m 1.36% Added +10.3k +10,288
70 Atlas Wealth LLC 1.16% of their portfolio CINCINNATI, OH 146,134146.1k $3.8m $3.8m 1.16% Added +17.8k +17,806
71 Semus Wealth Partners LLC 2.04% of their portfolio Boca Raton, FL 144,421144.4k $3.8m $3.8m 2.04% Added +5.2k +5,231
72 Kingsview Wealth Management, LLC 0.05% of their portfolio GRANTS PASS, OR 142,947142.9k $3.8m $3.8m 0.05% Added +6.3k +6,333
73 Prostatis Group LLC 0.89% of their portfolio HANOVER, MD 142,819142.8k $3.7m $3.7m 0.89% Reduced -6.0k -6,048
74 IFP Advisors, Inc 0.08% of their portfolio TAMPA, FL 132,952133.0k $3.5m $3.5m 0.08% Added +20.3k +20,314
75 RiverTree Advisors, LLC 2.18% of their portfolio WINTER PARK, FL 130,380130.4k $3.4m $3.4m 2.18% Added +1.8k +1,803
76 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 129,427129.4k $3.4m $3.4m 0.02% Added +8.0k +8,015
77 CALTON & ASSOCIATES, INC. 0.47% of their portfolio Tampa, FL 122,674122.7k $3.2m $3.2m 0.47% Added +17.3k +17,307
78 Retirement Planning Group, LLC 0.10% of their portfolio LEAWOOD, KS 120,642120.6k $3.2m $3.2m 0.10% Added +12.0k +11,979
79 Delta Investment Management, LLC 0.55% of their portfolio SAN FRANCISCO, CA 119,993120.0k $3.1m $3.1m 0.55% Added +13.4k +13,446
80 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 117,829117.8k $3.1m $3.1m 0.02% Reduced -112.1k -112,066
81 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 117,005117.0k $3.1m $3.1m 0.00% Reduced -2.3k -2,307
82 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 110,930110.9k $2.9m $2.9m 0.02% Added +24.8k +24,805
83 Arkadios Wealth Advisors 0.06% of their portfolio ATLANTA, GA 107,781107.8k $2.8m $2.8m 0.06% Added +3.9k +3,948
84 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 106,404106.4k $2.8m $2.8m 0.02% Added +5.4k +5,393
85 STEPHENS INC /AR/ 0.03% of their portfolio LITTLE ROCK, AR 105,292105.3k $2.8m $2.8m 0.03% Added +1.8k +1,842
86 Rehmann Capital Advisory Group 0.14% of their portfolio LANSING, MI 100,520100.5k $2.6m $2.6m 0.14% Added +4.6k +4,639
87 KPP Advisory Services LLC 0.38% of their portfolio Louisville, KY 99,42399.4k $2.6m $2.6m 0.38% Added +11.0k +11,026
88 Sequent Planning LLC 0.65% of their portfolio OMAHA, NE 96,90196.9k $2.5m $2.5m 0.65% Added +36.6k +36,633
89 OPPENHEIMER & CO INC 0.04% of their portfolio NEW YORK, NY 95,22995.2k $2.5m $2.5m 0.04% Reduced -6.7k -6,690
90 Capital Analysts, LLC 0.06% of their portfolio FORT WASHINGTON, PA 89,53189.5k $2.3m $2.3m 0.06% Reduced -2.9k -2,945
91 Balboa Wealth Partners 0.38% of their portfolio SCOTTSDALE, AZ 88,04388.0k $2.3m $2.3m 0.38% Added +4.4k +4,392
92 Maridea Wealth Management LLC 0.33% of their portfolio BROOKLYN, NY 82,53182.5k $2.2m $2.2m 0.33% Reduced -4.3k -4,316
93 Atlantic Union Bankshares Corp 0.04% of their portfolio GLEN ALLEN, VA 82,17382.2k $2.2m $2.2m 0.04% Added +24.1k +24,132
94 World Investment Advisors 0.04% of their portfolio LINCROFT, NJ 81,65281.7k $2.1m $2.1m 0.04% Added +72.0k +72,039
95 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 79,56579.6k $2.1m $2.1m 0.01% Added +26.0k +25,976
96 Brookstone Capital Management 0.02% of their portfolio WHEATON, IL 78,21278.2k $2.1m $2.1m 0.02% Added +5.9k +5,903
97 Stonebridge Financial Planning Group, LLC 0.70% of their portfolio ORLANDO, FL 73,72873.7k $1.9m $1.9m 0.70% Added +3.5k +3,463
98 Advisory Advocates, LLC 1.92% of their portfolio GRAND RAPIDS, MI 73,42373.4k $1.9m $1.9m 1.92% First filing
99 WEDBUSH SECURITIES INC 0.06% of their portfolio PASADENA, CA 72,19572.2k $1.9m $1.9m 0.06% Added +489 +489
100 BEACON FINANCIAL GROUP 0.18% of their portfolio DALLAS, TX 69,52369.5k $1.8m $1.8m 0.18% Added +8.6k +8,645