Vault-13

FIRST TR HIGH INCOME LONG /

COM · CUSIP 33738E109

66 institutional holders -10 vs Q4 2022
12,252,37312.3m shares reported held*
$139.1mreported value*
6 new 18 added 27 reduced 17 sold out net sold ≈ $8.3m (-727.3k 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 ≈ $11.35.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 66Q4 22: 76Q1 23: 6666Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202266
Q4 202276
Q1 202366

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q4 22: 36 bought or addedQ4 22: 27 cut or sold outQ4 22Q1 23: 24 bought or addedQ1 23: 44 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 20223627
Q1 20232444

Biggest buyers

Americana Partners, LLC New +87,772+87.8k
AMERIPRISE FINANCIAL INC Added +58,155+58.2k
Shaker Financial Services, LLC Added +26,096+26.1k
SeaCrest Wealth Management, LLC New +16,921+16.9k
RAYMOND JAMES & ASSOCIATES Added +16,397+16.4k
UBS Group AG Added +15,898+15.9k
GUGGENHEIM CAPITAL LLC Added +12,129+12.1k
ENVESTNET ASSET MANAGEMENT INC New +11,195+11.2k
OSAIC HOLDINGS, INC. Added +7,096+7.1k
KENNEDY INVESTMENT GROUP, INC. Added +6,971+7.0k

Biggest sellers

RIVERNORTH CAPITAL MANAGEMENT, LLC Sold out -176,213-176.2k
Saba Capital Management, L.P. Reduced -154,756-154.8k
SIT INVESTMENT ASSOCIATES INC Reduced -112,710-112.7k
CITY OF LONDON INVESTMENT MANAGEMENT CO LTD Reduced -89,444-89.4k
Logan Stone Capital, LLC Sold out -53,113-53.1k
Janney Montgomery Scott LLC Sold out -47,282-47.3k
Fiera Capital Corp Sold out -45,243-45.2k
Invesco Ltd. Reduced -32,004-32.0k
AQR Arbitrage LLC Reduced -27,153-27.2k
Weiss Asset Management LP Sold out -23,994-24.0k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 6,383,7336.4m $72.5m $72.5m 0.01% Added +6.3k +6,263
2 Bramshill Investments, LLC 1.36% of their portfolio NAPLES, FL 1,005,1751.0m $11.4m $11.4m 1.36% Reduced -18.8k -18,793
3 SIT INVESTMENT ASSOCIATES INC 0.18% of their portfolio Minneapolis, MN 569,798569.8k $6.5m $6.5m 0.18% Reduced -112.7k -112,710
4 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 435,751435.8k $4.9m $4.9m 0.00% Reduced -32.0k -32,004
5 KENNEDY INVESTMENT GROUP, INC. 2.79% of their portfolio WEST DEPTFORD, NJ 401,919401.9k $4.6m $4.6m 2.79% Added +7.0k +6,971
6 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 354,798354.8k $4.0m $4.0m 0.01% Added +7.1k +7,096
7 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 343,249343.2k $3.9m $3.9m 0.00% Added +58.2k +58,155
8 UBS Group AG 0.00% of their portfolio ZURICH, V8 299,387299.4k $3.4m $3.4m 0.00% Added +15.9k +15,898
9 COHEN & STEERS, INC. 0.01% of their portfolio NEW YORK, NY 230,000230.0k $2.6m $2.6m 0.01% Unchanged
10 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 217,092217.1k $2.5m $2.5m 0.00% Added +16.4k +16,397
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 211,878211.9k $2.4m $2.4m 0.00% Reduced -88 -88
12 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 206,720206.7k $2.3m $2.3m 0.01% Reduced -12.0k -12,000
13 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 178,722178.7k $2.0m $2.0m 0.02% Added +12.1k +12,129
14 Shaker Financial Services, LLC 0.80% of their portfolio Arlington, VA 161,107161.1k $1.8m $1.8m 0.80% Added +26.1k +26,096
15 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 127,495127.5k $1.4m $1.4m 0.00% Reduced -10.4k -10,375
16 Camelot Portfolios, LLC 0.78% of their portfolio Maumee, OH 98,74498.7k $1.1m $1.1m 0.78% Reduced -18.6k -18,554
17 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 87,86787.9k $997.3k $997.3k 0.00% Reduced -7.7k -7,718
18 Americana Partners, LLC 0.16% of their portfolio Houston, TX 87,77287.8k $996.2k $996.2k 0.16% New
19 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.08% of their portfolio London, X0 87,24087.2k $992.4k $992.4k 0.08% Reduced -89.4k -89,444
20 Sowell Financial Services LLC 0.06% of their portfolio NORTH LITTLE ROCK, AR 71,40071.4k $810.0k $810.0k 0.06% Unchanged
21 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 65,91865.9k $748.2k $748.2k 0.00% Reduced -9.7k -9,704
22 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 60,60560.6k $687.8k $687.8k 0.01% Added +860 +860
23 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 57,83157.8k $656.4k $656.4k 0.00% Reduced -1.3k -1,284
24 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 49,64449.6k $548.3k $548.3k 0.01% Reduced -5.3k -5,312
25 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 33,17033.2k $376.5k $376.5k 0.01% Added +771 +771
26 PIN OAK INVESTMENT ADVISORS INC 0.46% of their portfolio HOUSTON, TX 32,68832.7k $371.0k $371.0k 0.46% Unchanged
27 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 28,94528.9k $329.0k $329.0k 0.00% Reduced -11.1k -11,148
28 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 23,07723.1k $261.0k $261.0k 0.00% Reduced -6.4k -6,379
29 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 20,45020.4k $232.1k $232.1k 0.00% Reduced -5.4k -5,373
30 Mariner, LLC 0.00% of their portfolio Overland Park, KS 19,04519.0k $216.0k $216.0k 0.00% Reduced -1.7k -1,660
31 Royal Capital Wealth Management, LLC 0.21% of their portfolio CARMEL, IN 18,67618.7k $212.0k $212.0k 0.21% Reduced -1.3k -1,345
32 B. Riley Wealth Advisors, Inc. 0.01% of their portfolio MEMPHIS, TN 18,45218.5k $209.4k $209.4k 0.01% Added +696 +696
33 NWF Advisory Services Inc. 0.05% of their portfolio Los Angeles, CA 18,22618.2k $208.5k $208.5k 0.05% First filing
34 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 17,43017.4k $197.8k $197.8k 0.00% Added +3.3k +3,311
35 SeaCrest Wealth Management, LLC 0.03% of their portfolio PURCHASE, NY 16,92116.9k $192.1k $192.1k 0.03% New
36 WINTRUST INVESTMENTS LLC 0.02% of their portfolio CHICAGO, IL 15,91715.9k $181.0k $181.0k 0.02% Added +355 +355
37 AQR Arbitrage LLC 0.01% of their portfolio Greenwich, CT 15,72115.7k $178.4k $178.4k 0.01% Reduced -27.2k -27,153
38 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 15,37215.4k $174.0k $174.0k 0.01% Reduced -11.3k -11,349
39 Founders Financial Alliance, LLC 0.08% of their portfolio RALEIGH, NC 14,51714.5k $164.8k $164.8k 0.08% Added +2.2k +2,173
40 RAYMOND JAMES TRUST N.A. 0.01% of their portfolio ST. PETERSBURG, FL 14,40014.4k $163.0k $163.0k 0.01% Reduced -1.2k -1,204
41 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 14,10914.1k $160.1k $160.1k 0.01% Reduced -302 -302
42 WHITTIER TRUST CO 0.00% of their portfolio SOUTH PASADENA, CA 12,95613.0k $147.1k $147.1k 0.00% Unchanged
43 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 11,19511.2k $127.1k $127.1k 0.00% New
44 Uncommon Cents Investing LLC 0.04% of their portfolio JANESVILLE, WI 10,82510.8k $122.9k $122.9k 0.04% Added +50 +50
45 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 10,68410.7k $121.3k $121.3k 0.00% Reduced -14.3k -14,293
46 Insight Advisors, LLC/ PA 0.03% of their portfolio Newtown, PA 10,60010.6k $120.3k $120.3k 0.03% Unchanged
47 Greytown Advisors Inc. 0.08% of their portfolio MIAMI, FL 10,17510.2k $149.5k $149.5k 0.08% Unchanged
48 Saba Capital Management, L.P. 0.00% of their portfolio NEW YORK, NY 10,00010.0k $113.5k $113.5k 0.00% Reduced -154.8k -154,756
49 BDO Wealth Advisors, LLC 0.01% of their portfolio JACKSONVILLE, FL 9,3789.4k $106.4k $106.4k 0.01% Reduced -7.3k -7,293
50 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 9,3699.4k $106.3k $106.3k 0.00% Added +10 +10
51 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 9,1579.2k $103.9k $103.9k 0.00% Reduced -1.8k -1,768
52 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 3,5623.6k $40.4k $40.4k 0.00% Added +73 +73
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,8372.8k $32.0k $32.0k 0.00% New
54 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,2002.2k $25.0k $25.0k 0.00% Unchanged
55 Belpointe Asset Management LLC 0.00% of their portfolio RENO, NV 1,7931.8k $20.4k $20.4k 0.00% Unchanged
56 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.00% of their portfolio RICHMOND, VA 1,5861.6k $18.0k $18.0k 0.00% Unchanged
57 Elequin Capital, LP 0.01% of their portfolio NEW YORK, NY 1,5101.5k $17.1k $17.1k 0.01% Reduced -8.9k -8,860
58 BENJAMIN F. EDWARDS & COMPANY, INC. 0.00% of their portfolio ST. LOUIS, MO 1,3001.3k $15.0k $15.0k 0.00% Unchanged
59 HARBOR INVESTMENT ADVISORY, LLC 0.00% of their portfolio LUTHERVILLE, MD 1,0001.0k $11.3k $11.3k 0.00% Unchanged
60 Householder Group Estate & Retirement Specialist, LLC 0.00% of their portfolio SCOTTSDALE, AZ 396396 $4.0k $4.0k 0.00% New
61 CHESAPEAKE ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 353353 $4.0k $4.0k 0.00% First filing
62 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 246246 $2.8k $2.8k 0.00% New
63 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 123123 $1.4k $1.4k 0.00% Unchanged
64 ICA Group Wealth Management, LLC 0.00% of their portfolio DENVER, CO 117117 $1.3k $1.3k 0.00% Added +3 +3
65 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 5050 $555 $555 0.00% Reduced -5.6k -5,562
66 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged