Vault-13

FIRST TR EXCH TRADED FD III FPE

PFD SECS INC ETF · ETP · CUSIP 33739E108

398 institutional holders -29 vs Q4 2022
194,828,352194.8m shares reported held*
$3.1bnreported value*
34 new 145 added 150 reduced 60 sold out net sold ≈ $158.7m (-9.9m 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 ($2.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $16.00. Options: 3 managers hold calls ($105.2k notional), 2 hold puts ($36.7k).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 407Q4 22: 427Q1 23: 398398Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022407
Q4 2022427
Q1 2023398

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 164 bought or addedQ4 22: 236 cut or sold outQ4 22Q1 23: 179 bought or addedQ1 23: 210 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022164236
Q1 2023179210

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ3 22 calls: $0Q3 22 puts: $0Q3 22P/C —Q4 22 calls: $603.7kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $105.2kQ1 23 puts: $36.7kQ1 23P/C 0.35
Numbers
QuarterCallsPutsP/C
Q3 2022$0$0—
Q4 2022$603.7k$00.00
Q1 2023$105.2k$36.7k0.35

Biggest buyers

State of Tennessee, Department of Treasury Added +3,140,704+3.1m
WELLS FARGO & COMPANY/MN Added +2,208,674+2.2m
MORGAN STANLEY Added +1,461,684+1.5m
Kestra Advisory Services, LLC Added +1,108,328+1.1m
LPL Financial LLC Added +665,019+665.0k
Raymond James Financial Services Advisors, Inc. Added +657,257+657.3k
OSAIC HOLDINGS, INC. Added +554,017+554.0k
Avidian Wealth Enterprises, LLC Added +516,258+516.3k
RAYMOND JAMES & ASSOCIATES Added +292,046+292.0k
MGO ONE SEVEN LLC Added +217,802+217.8k

Biggest sellers

JANE STREET GROUP, LLC Reduced -6,266,759-6.3m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -4,612,892-4.6m
STONEBRIDGE ADVISORS LLC Reduced -2,564,872-2.6m
Janney Montgomery Scott LLC Sold out -1,317,045-1.3m
ROYAL BANK OF CANADA Reduced -1,184,246-1.2m
MML INVESTORS SERVICES, LLC Sold out -1,000,253-1.0m
Clearwater Capital Advisors, LLC Reduced -500,085-500.1k
UBS Group AG Reduced -497,017-497.0k
CWM, LLC Reduced -457,034-457.0k
BANK OF AMERICA CORP /DE/ Reduced -377,566-377.6k

Biggest calls

SIMPLEX TRADING, LLC New $94.0k5.9k shares
CITADEL ADVISORS LLC Reduced $11.2k700 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC New $36.7k2.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

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.

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 52,298,51252.3m $834.7m $834.7m 0.09% Added +1.5m +1,461,684
2 ROYAL BANK OF CANADA 0.09% of their portfolio TORONTO, A6 19,286,01219.3m $307.8m $307.8m 0.09% Reduced -1.2m -1,184,246
3 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 10,773,24610.8m $171.9m $171.9m 0.05% Added +2.2m +2,208,674
4 LPL Financial LLC 0.12% of their portfolio FORT MILL, SC 9,803,0779.8m $156.5m $156.5m 0.12% Added +665.0k +665,019
5 UBS Group AG 0.07% of their portfolio ZURICH, V8 9,724,9699.7m $155.2m $155.2m 0.07% Reduced -497.0k -497,017
6 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 6,718,4006.7m $107.2m $107.2m 0.01% Reduced -377.6k -377,566
7 Raymond James Financial Services Advisors, Inc. 0.19% of their portfolio ST. PETERSBURG, FL 6,156,1266.2m $98.3m $98.3m 0.19% Added +657.3k +657,257
8 PARK NATIONAL CORP /OH/ 2.80% of their portfolio NEWARK, OH 3,944,5833.9m $63.0m $63.0m 2.80% Reduced -102.4k -102,449
9 State of Tennessee, Department of Treasury 0.24% of their portfolio NASHVILLE, TN 3,455,8043.5m $55.2m $55.2m 0.24% Added +3.1m +3,140,704
10 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 3,109,0743.1m $49.7m $49.7m 0.09% Added +554.0k +554,017
11 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 3,025,1003.0m $48.3m $48.3m 0.04% Added +292.0k +292,046
12 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 2,377,3442.4m $37.9m $37.9m 0.05% Reduced -157.9k -157,863
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 2,057,5232.1m $32.8m $32.8m 0.05% Added +1.2k +1,182
14 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,943,8681.9m $31.0m $31.0m 0.01% Reduced -37.8k -37,790
15 Composition Wealth, LLC 0.93% of their portfolio LOS ANGELES, CA 1,802,5241.8m $28.8m $28.8m 0.93% Reduced -319.6k -319,585
16 COUNTRY TRUST BANK 0.81% of their portfolio Bloomington, IL 1,795,9271.8m $28.7m $28.7m 0.81% Reduced -290.2k -290,162
17 Kestra Advisory Services, LLC 0.31% of their portfolio AUSTIN, TX 1,765,1091.8m $28.2m $28.2m 0.31% Added +1.1m +1,108,328
18 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 1,618,3561.6m $25.8m $25.8m 0.04% Reduced -6.3m -6,266,759
19 Berger Financial Group, Inc 2.88% of their portfolio PLYMOUTH, MN 1,497,8041.5m $23.9m $23.9m 2.88% Added +63.9k +63,874
20 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 1,408,3261.4m $22.5m $22.5m 0.05% Added +97.8k +97,790
21 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 1,341,6681.3m $21.4m $21.4m 0.04% Reduced -349.1k -349,101
22 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 1,293,4531.3m $20.6m $20.6m 0.05% Reduced -237.0k -236,966
23 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 1,278,9461.3m $20.4m $20.4m 0.10% Reduced -234.1k -234,100
24 Magnus Financial Group LLC 2.80% of their portfolio NEW YORK, NY 1,151,7801.2m $18.4m $18.4m 2.80% Added +55.9k +55,880
25 Arax Advisory Partners 2.32% of their portfolio NEW YORK, NY 1,095,7411.1m $17.5m $17.5m 2.32% Reduced -3.7k -3,666
26 Avidian Wealth Enterprises, LLC 0.90% of their portfolio Houston, TX 1,028,9211.0m $16.4m $16.4m 0.90% Added +516.3k +516,258
27 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.69% of their portfolio Seattle, WA 990,103990.1k $15.8m $15.8m 0.69% Added +56.8k +56,839
28 Trinity Legacy Partners, LLC 5.92% of their portfolio HOUSTON, TX 987,451987.5k $15.8m $15.8m 5.92% Added +27.9k +27,891
29 TRUSTMARK BANK TRUST DEPARTMENT 1.34% of their portfolio JACKSON, MS 924,071924.1k $14.7m $14.7m 1.34% Added +43.3k +43,296
30 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 803,820803.8k $13.1m $13.1m 0.01% Added +43.2k +43,167
31 HCR Wealth Advisors 2.51% of their portfolio LOS ANGELES, CA 793,746793.7k $12.7m $12.7m 2.51% Reduced -25.0k -24,973
32 Bouchey Financial Group, Ltd. 1.63% of their portfolio TROY, NY 770,964771.0k $12.3m $12.3m 1.63% Added +3.1k +3,133
33 Gradient Investments LLC 0.30% of their portfolio ARDEN HILLS, MN 700,627700.6k $11.2m $11.2m 0.30% Added +196.1k +196,140
34 RED CEDAR INVESTMENT MANAGEMENT, LLC 1.72% of their portfolio GRAND RAPIDS, MI 696,635696.6k $11.1m $11.1m 1.72% Added +1.0k +1,005
35 Clearwater Capital Advisors, LLC 1.33% of their portfolio HOFFMAN ESTATES, IL 683,477683.5k $10.9m $10.9m 1.33% Reduced -500.1k -500,085
36 StrategIQ Financial Group, LLC 1.19% of their portfolio MERRILLVILLE, IN 646,542646.5k $10.3m $10.3m 1.19% Added +31.7k +31,683
37 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio PLYMOUTH, MN 644,694644.7k $10.3m $10.3m 0.12% Reduced -4.6m -4,612,892
38 STONEBRIDGE ADVISORS LLC 7.43% of their portfolio WILTON, CT 643,293643.3k $10.3m $10.3m 7.43% Reduced -2.6m -2,564,872
39 NewEdge Advisors, LLC 0.13% of their portfolio NEW ORLEANS, LA 629,893629.9k $10.0m $10.0m 0.13% Added +184.3k +184,275
40 Transform Wealth, LLC 0.95% of their portfolio GREENWOOD VILLAGE, CO 628,713628.7k $10.0m $10.0m 0.95% Added +5.1k +5,111
41 HARBOUR INVESTMENTS, INC. 0.51% of their portfolio MADISON, WI 582,639582.6k $9.3m $9.3m 0.51% Reduced -53.4k -53,420
42 Csenge Advisory Group 0.64% of their portfolio CLEARWATER, FL 558,184558.2k $8.9m $8.9m 0.64% Reduced -9.6k -9,646
43 FLAGSTAR SECURITIES, INC 2.94% of their portfolio New York, NY 507,294507.3k $8.1m $8.1m 2.94% Added +2.4k +2,435
44 Cetera Advisor Networks LLC 0.06% of their portfolio EL SEGUNDO, CA 501,837501.8k $8.0m $8.0m 0.06% Added +34.3k +34,297
45 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 490,679490.7k $7.8m $7.8m 0.01% Added +92.8k +92,821
46 Mariner, LLC 0.02% of their portfolio Overland Park, KS 482,192482.2k $7.7m $7.7m 0.02% Added +91.4k +91,420
47 Private Advisor Group, LLC 0.07% of their portfolio MORRISTOWN, NJ 469,901469.9k $7.5m $7.5m 0.07% Reduced -26.0k -26,018
48 Financial Enhancement Group LLC 1.36% of their portfolio ANDERSON, IN 449,648449.6k $7.0m $7.0m 1.36% Added +50.6k +50,553
49 Equitable Holdings, Inc. 0.11% of their portfolio NEW YORK, NY 434,415434.4k $6.9m $6.9m 0.11% Added +22.3k +22,313
50 MGO ONE SEVEN LLC 0.44% of their portfolio Beachwood, OH 432,646432.6k $6.9m $6.9m 0.44% Added +217.8k +217,802
51 Wealthspire Retirement, LLC 1.33% of their portfolio ALISO VIEJO, CA 417,773417.8k $6.7m $6.7m 1.33% Added +66.7k +66,656
52 Quad-Cities Investment Group, LLC 4.61% of their portfolio DAVENPORT, IA 417,545417.5k $6.7m $6.7m 4.61% Added +8.0k +8,009
53 Archer Investment Corp 2.44% of their portfolio Carmel, IN 414,503414.5k $6.6m $6.6m 2.44% Reduced -106.8k -106,795
54 ATTICUS WEALTH MANAGEMENT, LLC 2.53% of their portfolio Palm Beach Gardens, FL 414,263414.3k $6.6m $6.6m 2.53% Added +156.8k +156,827
55 BARINGS LLC 0.22% of their portfolio CHARLOTTE, NC 405,523405.5k $6.5m $6.5m 0.22% Added +90.0k +89,972
56 Advisor OS, LLC 1.50% of their portfolio CHICAGO, IL 391,802391.8k $6.3m $6.3m 1.50% Reduced -5.0k -5,049
57 AVANTAX ADVISORY SERVICES, INC. 0.07% of their portfolio DALLAS, TX 383,269383.3k $6.1m $6.1m 0.07% Added +70.6k +70,566
58 Prospera Financial Services Inc 0.25% of their portfolio Dallas, TX 376,684376.7k $6.0m $6.0m 0.25% Added +31.7k +31,705
59 RFG Advisory, LLC 0.29% of their portfolio BIRMINGHAM, AL 375,277375.3k $6.0m $6.0m 0.29% Added +1.9k +1,939
60 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 368,154368.2k $5.9m $5.9m 0.05% Reduced -36.7k -36,721
61 Advisory Services Network, LLC 0.15% of their portfolio ATLANTA, GA 347,362347.4k $5.5m $5.5m 0.15% Added +13.8k +13,847
62 Triumph Capital Management 2.80% of their portfolio DENVER, CO 343,140343.1k $5.5m $5.5m 2.80% Added +15.8k +15,826
63 Keebeck Wealth Management 0.88% of their portfolio Chicago, IL 342,200342.2k $5.5m $5.5m 0.88% Unchanged
64 PFS Partners, LLC 5.20% of their portfolio MINE HILL, NJ 333,735333.7k $5.3m $5.3m 5.20% Added +89.8k +89,792
65 Ironwood Investment Counsel, LLC 1.26% of their portfolio SCOTTSDALE, AZ 332,063332.1k $5.3m $5.3m 1.26% Added +45.0k +44,960
66 Essex LLC 1.67% of their portfolio DEER PARK, IL 329,388329.4k $5.5m $5.5m 1.67% Unchanged
67 Kinloch Capital, LLC 3.07% of their portfolio GLEN ALLEN, VA 329,230329.2k $5.3m $5.3m 3.07% Reduced -6.2k -6,176
68 Newman Dignan & Sheerar, Inc. 1.63% of their portfolio PROVIDENCE, RI 318,804318.8k $5.1m $5.1m 1.63% Added +80.3k +80,272
69 Biltmore Family Office, LLC 1.07% of their portfolio CHARLOTTE, NC 317,701317.7k $5.1m $5.1m 1.07% Added +28.2k +28,229
70 WINTRUST INVESTMENTS LLC 0.67% of their portfolio CHICAGO, IL 312,540312.5k $5.0m $5.0m 0.67% Added +8.7k +8,724
71 Family Legacy, Inc. 2.08% of their portfolio GREENVILLE, SC 304,612304.6k $4.9m $4.9m 2.08% Added +16.6k +16,638
72 LEVEL FOUR ADVISORY SERVICES, LLC 0.31% of their portfolio DALLAS, TX 299,436299.4k $4.8m $4.8m 0.31% Reduced -5.3k -5,277
73 GILL CAPITAL PARTNERS, LLC 1.98% of their portfolio DENVER, CO 277,146277.1k $4.4m $4.4m 1.98% Added +3.5k +3,503
74 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 273,292273.3k $4.4m $4.4m 0.07% Added +9.6k +9,646
75 KESTRA PRIVATE WEALTH SERVICES, LLC 0.17% of their portfolio AUSTIN, TX 271,516271.5k $4.3m $4.3m 0.17% Added +34.9k +34,852
76 FLYNN ZITO CAPITAL MANAGEMENT, LLC 3.13% of their portfolio GARDEN CITY, NY 270,084270.1k $4.3m $4.3m 3.13% Added +12.2k +12,180
77 Western Wealth Management, LLC 0.39% of their portfolio GOLDEN, CO 264,256264.3k $4.2m $4.2m 0.39% Added +6.1k +6,129
78 Choice Wealth Advisors LLC 3.00% of their portfolio WATERVILLE, ME 258,584258.6k $4.1m $4.1m 3.00% Added +2.2k +2,188
79 1834 INVESTMENT ADVISORS CO 0.49% of their portfolio Milwaukee, WI 257,523257.5k $4.1m $4.1m 0.49% Reduced -56.6k -56,559
80 Chicago Partners Investment Group LLC 0.24% of their portfolio CHICAGO, IL 254,820254.8k $4.1m $4.1m 0.24% Added +19.5k +19,512
81 First Heartland Consultants, Inc. 0.60% of their portfolio LAKE ST. LOUIS, MO 251,906251.9k $4.0m $4.0m 0.60% Reduced -12.1k -12,132
82 INVICTUS PRIVATE WEALTH, LLC 0.45% of their portfolio Denver, CO 236,984237.0k $3.8m $3.8m 0.45% Reduced -27.6k -27,604
83 Summit Wealth Partners, LLC 0.93% of their portfolio Orlando, FL 227,749227.7k $3.6m $3.6m 0.93% Reduced -94.9k -94,906
84 Aspen Investment Management Inc 2.27% of their portfolio GRAND RAPIDS, MI 222,068222.1k $3.5m $3.5m 2.27% Added +1.5k +1,452
85 Regal Investment Advisors LLC 0.31% of their portfolio KENTWOOD, MI 220,413220.4k $3.5m $3.5m 0.31% Added +112.3k +112,298
86 Sigma Planning Corp 0.12% of their portfolio ANN ARBOR, MI 217,490217.5k $3.5m $3.5m 0.12% Added +39.7k +39,713
87 Measured Wealth Private Client Group, LLC 1.33% of their portfolio PORTSMOUTH, NH 216,577216.6k $3.5m $3.5m 1.33% Reduced -91 -91
88 Atlas Private Wealth Management, LLC 2.00% of their portfolio ALBANY, NY 208,077208.1k $3.3m $3.3m 2.00% Reduced -1.4k -1,406
89 Valmark Advisers, Inc. 0.07% of their portfolio AKRON, OH 206,718206.7k $3.3m $3.3m 0.07% Added +159 +159
90 Sound Income Strategies, LLC 0.36% of their portfolio FT LAUDERDALE, FL 205,468205.5k $3.3m $3.3m 0.36% Added +11.0k +10,965
91 D.A. DAVIDSON & CO. 0.04% of their portfolio GREAT FALLS, MT 203,267203.3k $3.2m $3.2m 0.04% Reduced -41.4k -41,444
92 Midwest Heritage Bank, FSB 2.60% of their portfolio WEST DES MOINES, IA 202,641202.6k $3.2m $3.2m 2.60% Added +55.6k +55,640
93 Atria Wealth Solutions, Inc. 0.05% of their portfolio NEW YORK, NY 202,061202.1k $3.2m $3.2m 0.05% Reduced -6.1k -6,075
94 Atria Investments, Inc 0.06% of their portfolio Charlotte, NC 200,078200.1k $3.2m $3.2m 0.06% Reduced -14.3k -14,315
95 Kingsview Wealth Management, LLC 0.13% of their portfolio GRANTS PASS, OR 199,019199.0k $3.2m $3.2m 0.13% Added +26.0k +26,027
96 B. Riley Wealth Advisors, Inc. 0.08% of their portfolio MEMPHIS, TN 198,935198.9k $3.2m $3.2m 0.08% Added +14.1k +14,133
97 IMA Advisory Services, Inc. 0.81% of their portfolio DENVER, CO 196,030196.0k $3.1m $3.1m 0.81% Added +25.8k +25,830
98 Beacon Pointe Advisors, LLC 0.05% of their portfolio NEWPORT BEACH, CA 195,898195.9k $3.1m $3.1m 0.05% Added +128.6k +128,553
99 Summit Financial, LLC 0.27% of their portfolio PARSIPPANY, NJ 192,902192.9k $3.1m $3.1m 0.27% Added +10.6k +10,557
100 LAKE STREET PRIVATE WEALTH, LLC 0.57% of their portfolio CHICAGO, IL 192,380192.4k $3.1m $3.1m 0.57% Added +42.6k +42,635