Vault-13

FIRST TR EXCH TRADED FD III FPE

PFD SECS INC ETF · ETP · CUSIP 33739E108

447 institutional holders -3 vs Q4 2024
217,726,877217.7m shares reported held*
$3.8bnreported value*
43 new 200 added 134 reduced 42 sold out net bought ≈ $135.0m (+7.7m 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 ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.59. Options: 1 managers hold calls ($0 notional), 2 hold puts ($54.8k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 407Q4 22: 427Q1 23: 398Q2 23: 398Q3 23: 389Q4 23: 408Q1 24: 406Q2 24: 409Q3 24: 416Q4 24: 450Q1 25: 447447Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022407
Q4 2022427
Q1 2023398
Q2 2023398
Q3 2023389
Q4 2023408
Q1 2024406
Q2 2024409
Q3 2024416
Q4 2024450
Q1 2025447

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 175 bought or addedQ2 23: 204 cut or sold outQ3 23: 165 bought or addedQ3 23: 207 cut or sold outQ3 23Q4 23: 158 bought or addedQ4 23: 210 cut or sold outQ1 24: 202 bought or addedQ1 24: 182 cut or sold outQ1 24Q2 24: 181 bought or addedQ2 24: 195 cut or sold outQ3 24: 216 bought or addedQ3 24: 173 cut or sold outQ3 24Q4 24: 234 bought or addedQ4 24: 161 cut or sold outQ1 25: 243 bought or addedQ1 25: 176 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023175204
Q3 2023165207
Q4 2023158210
Q1 2024202182
Q2 2024181195
Q3 2024216173
Q4 2024234161
Q1 2025243176

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ2 24 calls: $0Q2 24 puts: $3.8mQ2 24P/C —Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $54.8kQ1 25P/C —
Numbers
QuarterCallsPutsP/C
Q2 2024$0$3.8m—
Q3 2024$0$0—
Q4 2024$0$0—
Q1 2025$0$54.8k—

Biggest buyers

MORGAN STANLEY Added +1,655,282+1.7m
Cetera Investment Advisers New +1,438,480+1.4m
Advisory Alpha, LLC Added +1,342,527+1.3m
LPL Financial LLC Added +1,334,701+1.3m
WELLS FARGO & COMPANY/MN Added +1,274,327+1.3m
AMERIPRISE FINANCIAL INC Added +1,016,528+1.0m
State of Tennessee, Department of Treasury Added +680,658+680.7k
ROYAL BANK OF CANADA Added +495,358+495.4k
Frisch Financial Group, Inc. New +489,917+489.9k
RENAISSANCE TECHNOLOGIES LLC New +469,688+469.7k

Biggest sellers

STONEBRIDGE ADVISORS LLC Reduced -1,828,032-1.8m
Independent Advisor Alliance Sold out -842,311-842.3k
Eldridge Investment Advisors, Inc. Sold out -565,413-565.4k
Ocean Park Asset Management, LLC Reduced -492,629-492.6k
Private Advisor Group, LLC Reduced -471,422-471.4k
Focus Partners Wealth Reduced -377,059-377.1k
Triumph Capital Management Sold out -326,774-326.8k
KINGSWOOD WEALTH ADVISORS, LLC Reduced -320,388-320.4k
MML INVESTORS SERVICES, LLC Reduced -289,886-289.9k
PARK AVENUE SECURITIES LLC Sold out -252,236-252.2k

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Quaker Wealth Management, LLC First filing $54.8k3.1k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.07% of their portfolio NEW YORK, NY 52,289,03352.3m $919.8m $919.8m 0.07% Added +1.7m +1,655,282
2 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 17,296,23917.3m $304.2m $304.2m 0.07% Added +495.4k +495,358
3 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 15,019,14815.0m $264.2m $264.2m 0.06% Added +1.3m +1,274,327
4 LPL Financial LLC 0.10% of their portfolio FORT MILL, SC 14,362,75714.4m $252.6m $252.6m 0.10% Added +1.3m +1,334,701
5 UBS Group AG 0.04% of their portfolio ZURICH, V8 9,934,9959.9m $174.8m $174.8m 0.04% Added +409.1k +409,121
6 RAYMOND JAMES FINANCIAL INC 0.06% of their portfolio ST. PETERSBURG, FL 8,879,6118.9m $156.2m $156.2m 0.06% Added +312.2k +312,207
7 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 7,143,1797.1m $125.6m $125.6m 0.01% Added +50.0k +49,955
8 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 3,464,5983.5m $60.9m $60.9m 0.02% Added +1.0m +1,016,528
9 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 2,716,8842.7m $47.8m $47.8m 0.06% Reduced -188.3k -188,326
10 Kestra Advisory Services, LLC 0.22% of their portfolio AUSTIN, TX 2,566,3262.6m $45.1m $45.1m 0.22% Added +89.7k +89,663
11 PARK NATIONAL CORP /OH/ 1.64% of their portfolio NEWARK, OH 2,529,6702.5m $44.5m $44.5m 1.64% Reduced -183.9k -183,904
12 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 2,295,8052.3m $40.4m $40.4m 0.09% Added +390.2k +390,229
13 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 2,114,1242.1m $37.2m $37.2m 0.04% Added +27.8k +27,793
14 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 2,075,3322.1m $36.5m $36.5m 0.01% Reduced -76.9k -76,920
15 Advisory Alpha, LLC 1.20% of their portfolio HOLLAND, MI 2,000,1852.0m $35.2m $35.2m 1.20% Added +1.3m +1,342,527
16 Rockefeller Capital Management L.P. 0.08% of their portfolio NEW YORK, NY 1,955,5412.0m $34.4m $34.4m 0.08% Added +123.4k +123,384
17 Arax Advisory Partners 2.17% of their portfolio NEW YORK, NY 1,926,0361.9m $33.9m $33.9m 2.17% Reduced -2.6k -2,558
18 Prospera Financial Services Inc 0.75% of their portfolio Dallas, TX 1,853,3881.9m $32.6m $32.6m 0.75% Added +12.2k +12,181
19 Baird Financial Group, Inc. 0.06% of their portfolio MILWAUKEE, WI 1,721,4041.7m $30.3m $30.3m 0.06% Added +71.7k +71,734
20 MAI Capital Management 0.21% of their portfolio INDEPENDENCE, OH 1,585,6831.6m $27.9m $27.9m 0.21% Added +49.3k +49,271
21 Magnus Financial Group LLC 2.60% of their portfolio NEW YORK, NY 1,525,9101.5m $26.8m $26.8m 2.60% Added +43.7k +43,656
22 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 1,462,2091.5m $25.7m $25.7m 0.04% Added +13.8k +13,850
23 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 1,438,4801.4m $25.3m $25.3m 0.05% New
24 AFFINITY WEALTH MANAGEMENT LLC 4.62% of their portfolio WILMINGTON, DE 1,414,8531.4m $24.9m $24.9m 4.62% Added +39.6k +39,647
25 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 1,382,0971.4m $24.3m $24.3m 0.07% Reduced -247.1k -247,103
26 COUNTRY TRUST BANK 0.61% of their portfolio Bloomington, IL 1,381,5101.4m $24.3m $24.3m 0.61% Reduced -18.8k -18,790
27 INTEGRITY WEALTH ADVISORS, INC. 16.05% of their portfolio Ventura, CA 1,245,1791.2m $21.9m $21.9m 16.05% Reduced -8.1k -8,109
28 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 1,175,0311.2m $20.7m $20.7m 0.07% Reduced -250.5k -250,524
29 State of Tennessee, Department of Treasury 0.08% of their portfolio NASHVILLE, TN 1,159,9001.2m $20.4m $20.4m 0.08% Added +680.7k +680,658
30 Falcon Wealth Planning 2.23% of their portfolio Ontario, CA 1,138,4681.1m $20.0m $20.0m 2.23% Added +55.5k +55,497
31 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.49% of their portfolio Seattle, WA 1,075,9061.1m $18.9m $18.9m 0.49% Reduced -17.5k -17,459
32 Ocean Park Asset Management, LLC 0.63% of their portfolio SANTA MONICA, CA 1,014,5151.0m $17.8m $17.8m 0.63% Reduced -492.6k -492,629
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 994,550994.5k $17.5m $17.5m 0.00% Reduced -175.3k -175,329
34 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 975,958976.0k $17.2m $17.2m 0.03% Reduced -3.3k -3,308
35 Mariner, LLC 0.03% of their portfolio Overland Park, KS 930,666930.7k $16.4m $16.4m 0.03% Reduced -54.0k -53,987
36 Steward Partners Investment Advisory, LLC 0.14% of their portfolio STAMFORD, CT 929,279929.3k $16.3m $16.3m 0.14% Reduced -1.4k -1,429
37 HCR Wealth Advisors 2.12% of their portfolio LOS ANGELES, CA 927,396927.4k $16.3m $16.3m 2.12% Added +76.2k +76,216
38 Transform Wealth, LLC 0.91% of their portfolio GREENWOOD VILLAGE, CO 850,386850.4k $15.0m $15.0m 0.91% Added +13.5k +13,548
39 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 848,020848.0k $14.9m $14.9m 0.01% Added +65.1k +65,102
40 Wealthspire Retirement, LLC 1.09% of their portfolio ALISO VIEJO, CA 781,917781.9k $13.8m $13.8m 1.09% Added +54.5k +54,469
41 Waverly Advisors, LLC 0.15% of their portfolio BIRMINGHAM, AL 709,406709.4k $12.5m $12.5m 0.15% Added +43.9k +43,908
42 Avidian Wealth Enterprises, LLC 0.54% of their portfolio Houston, TX 693,914693.9k $12.2m $12.2m 0.54% Added +5.6k +5,631
43 Csenge Advisory Group 0.66% of their portfolio CLEARWATER, FL 672,487672.5k $11.6m $11.6m 0.66% Added +82.4k +82,421
44 BARINGS LLC 0.27% of their portfolio CHARLOTTE, NC 622,445622.4k $10.9m $10.9m 0.27% Reduced -10.8k -10,750
45 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 591,451591.5k $10.4m $10.4m 0.01% Added +29.9k +29,901
46 KESTRA PRIVATE WEALTH SERVICES, LLC 0.17% of their portfolio AUSTIN, TX 581,594581.6k $10.2m $10.2m 0.17% Reduced -30.3k -30,273
47 Ashton Thomas Private Wealth, LLC 0.39% of their portfolio SCOTTSDALE, AZ 572,693572.7k $10.1m $10.1m 0.39% Added +31.1k +31,130
48 Kinloch Capital, LLC 4.75% of their portfolio GLEN ALLEN, VA 564,636564.6k $9.9m $9.9m 4.75% Added +140.6k +140,609
49 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 561,246561.2k $9.9m $9.9m 0.01% Added +80.2k +80,249
50 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.02% of their portfolio PLYMOUTH, MN 561,213561.2k $9.9m $9.9m 0.02% Reduced -75.1k -75,077
51 AVANTAX ADVISORY SERVICES, INC. 0.06% of their portfolio DALLAS, TX 558,558558.6k $9.8m $9.8m 0.06% Added +294.3k +294,283
52 Ameritas Investment Partners, Inc. 0.34% of their portfolio LINCOLN, NE 553,951554.0k $9.7m $9.7m 0.34% Added +43.1k +43,129
53 Trinity Legacy Partners, LLC 2.41% of their portfolio HOUSTON, TX 541,777541.8k $9.5m $9.5m 2.41% Added +23.1k +23,071
54 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 493,969494.0k $8.7m $8.7m 0.03% Reduced -289.9k -289,886
55 Frisch Financial Group, Inc. 2.42% of their portfolio MELVILLE, NY 489,917489.9k $8.6m $8.6m 2.42% New
56 Glassy Mountain Advisors, Inc. 2.97% of their portfolio BETHESDA, MD 477,080477.1k $8.4m $8.4m 2.97% Added +48.5k +48,454
57 &PARTNERS 0.09% of their portfolio NASHVILLE, TN 476,312476.3k $8.4m $8.4m 0.09% Added +119.6k +119,625
58 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 469,688469.7k $8.3m $8.3m 0.01% New
59 Twelve Points Wealth Management LLC 2.22% of their portfolio CONCORD, MA 465,707465.7k $8.2m $8.2m 2.22% Added +15.1k +15,127
60 Quad-Cities Investment Group, LLC 4.04% of their portfolio DAVENPORT, IA 465,534465.5k $8.2m $8.2m 4.04% Added +31.1k +31,146
61 STONEBRIDGE ADVISORS LLC 5.57% of their portfolio WILTON, CT 461,875461.9k $8.1m $8.1m 5.57% Reduced -1.8m -1,828,032
62 HOWARD FINANCIAL SERVICES, LTD. 1.11% of their portfolio DALLAS, TX 461,801461.8k $8.1m $8.1m 1.11% Reduced -63.8k -63,775
63 Prasad Wealth Partners, LLC 2.55% of their portfolio INDEPENDENCE, OH 444,693444.7k $7.8m $7.8m 2.55% Added +28.9k +28,873
64 COMERICA BANK 0.03% of their portfolio DALLAS, TX 431,930431.9k $7.6m $7.6m 0.03% Reduced -58.8k -58,786
65 Seros Financial, LLC 5.63% of their portfolio TEMPE, AZ 428,480428.5k $7.5m $7.5m 5.63% Added +27.5k +27,463
66 Concurrent Investment Advisors, LLC 0.18% of their portfolio Tampa, FL 422,389422.4k $7.4m $7.4m 0.18% Added +20.3k +20,310
67 ORBA Wealth Advisors, L.L.C. 3.72% of their portfolio CHICAGO, IL 419,956420.0k $7.4m $7.4m 3.72% Added +19.3k +19,284
68 KINGSWOOD WEALTH ADVISORS, LLC 0.67% of their portfolio SAN DIEGO, CA 414,807414.8k $7.3m $7.3m 0.67% Reduced -320.4k -320,388
69 Chicago Partners Investment Group LLC 0.24% of their portfolio CHICAGO, IL 411,160411.2k $7.1m $7.1m 0.24% Added +14.4k +14,413
70 OPPENHEIMER & CO INC 0.11% of their portfolio NEW YORK, NY 408,785408.8k $7.2m $7.2m 0.11% Added +12.0k +11,971
71 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 407,894407.9k $7.2m $7.2m 0.04% Reduced -471.4k -471,422
72 Gradient Investments LLC 0.14% of their portfolio ARDEN HILLS, MN 402,551402.6k $7.1m $7.1m 0.14% Added +27.1k +27,104
73 Sigma Planning Corp 0.21% of their portfolio ANN ARBOR, MI 377,633377.6k $6.6m $6.6m 0.21% Added +1.6k +1,596
74 HARBOUR INVESTMENTS, INC. 0.19% of their portfolio MADISON, WI 375,089375.1k $6.6m $6.6m 0.19% Added +18.4k +18,367
75 MGO ONE SEVEN LLC 0.25% of their portfolio Beachwood, OH 372,323372.3k $6.5m $6.5m 0.25% Reduced -1.1k -1,105
76 PFS Partners, LLC 3.40% of their portfolio MINE HILL, NJ 362,966363.0k $6.4m $6.4m 3.40% Added +5.3k +5,305
77 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 362,906362.9k $6.4m $6.4m 0.02% Added +60.9k +60,919
78 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 362,629362.6k $6.4m $6.4m 0.04% Added +26.3k +26,327
79 Midwest Heritage Bank, FSB 2.61% of their portfolio WEST DES MOINES, IA 359,891359.9k $6.3m $6.3m 2.61% Added +66.4k +66,427
80 Newman Dignan & Sheerar, Inc. 1.70% of their portfolio PROVIDENCE, RI 353,676353.7k $6.2m $6.2m 1.70% Added +17.0k +16,978
81 Equitable Holdings, Inc. 0.06% of their portfolio NEW YORK, NY 348,121348.1k $6.1m $6.1m 0.06% Added +24.2k +24,196
82 STEPHENS INC /AR/ 0.09% of their portfolio LITTLE ROCK, AR 347,663347.7k $6.1m $6.1m 0.09% Added +175.1k +175,114
83 Lokken Investment Group LLC 2.58% of their portfolio LEWES, DE 347,335347.3k $6.1m $6.1m 2.58% Added +28.6k +28,592
84 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 345,451345.5k $6.1m $6.1m 0.02% Reduced -377.1k -377,059
85 Glass Jacobson Investment Advisors llc 2.00% of their portfolio OWINGS MILLS, MD 344,840344.8k $6.1m $6.1m 2.00% Unchanged
86 Gladstone Institutional Advisory LLC 0.28% of their portfolio Bedminster, NJ 337,309337.3k $5.9m $5.9m 0.28% Added +6.7k +6,666
87 Marion Wealth Management 1.58% of their portfolio MONROEVILLE, PA 336,945336.9k $5.9m $5.9m 1.58% Added +12.7k +12,731
88 IMA Advisory Services, Inc. 0.67% of their portfolio DENVER, CO 321,392321.4k $5.7m $5.7m 0.67% Added +121.3k +121,263
89 Fifth Third Securities, Inc. 0.47% of their portfolio Cincinnati, OH 319,218319.2k $5.6m $5.6m 0.47% New
90 Stratos Wealth Partners, LTD. 0.08% of their portfolio BEACHWOOD, OH 316,109316.1k $5.6m $5.6m 0.08% Reduced -38.4k -38,381
91 FLAGSTAR SECURITIES, INC 1.41% of their portfolio New York, NY 312,701312.7k $5.5m $5.5m 1.41% Reduced -2.9k -2,881
92 Sound Income Strategies, LLC 0.32% of their portfolio FT LAUDERDALE, FL 304,139304.1k $5.3m $5.3m 0.32% Added +746 +746
93 TWIN PEAKS WEALTH ADVISORS, LLC 2.32% of their portfolio SAN FRANCISCO, CA 297,345297.3k $5.1m $5.1m 2.32% Reduced -20.0k -19,988
94 Western Wealth Management, LLC 0.34% of their portfolio GOLDEN, CO 294,327294.3k $5.2m $5.2m 0.34% Reduced -5.0k -4,978
95 Family Legacy, Inc. 1.77% of their portfolio GREENVILLE, SC 293,911293.9k $5.2m $5.2m 1.77% Added +1.8k +1,770
96 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 262,995263.0k $4.6m $4.6m 0.01% Added +91.1k +91,118
97 Valmark Advisers, Inc. 0.07% of their portfolio AKRON, OH 262,329262.3k $4.6m $4.6m 0.07% Added +968 +968
98 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 253,922253.9k $4.5m $4.5m 0.00% Added +59.5k +59,501
99 Traction Financial Partners, LLC 3.47% of their portfolio LITTLETON, CO 252,813252.8k $4.4m $4.4m 3.47% Reduced -11.6k -11,643
100 Naviter Wealth, LLC 0.54% of their portfolio LITTLE ROCK, AR 251,793251.8k $4.5m $4.5m 0.54% Added +17.0k +16,952