Vault-13

FIRST TR EXCH TRADED FD III FPE

PFD SECS INC ETF · ETP · CUSIP 33739E108

467 institutional holders +0 vs Q4 2025
239,639,267239.6m shares reported held*
$4.2bnreported value*
53 new 192 added 148 reduced 47 sold out net bought ≈ $28.8m (+5.0m 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 ($7.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.48.

Trends to Q1 2026

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: 447Q2 25: 447Q3 25: 434Q4 25: 467Q1 26: 467467Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022407
Q4 2022427
Q1 2023398
Q2 2023398
Q3 2023389
Q4 2023408
Q1 2024406
Q2 2024409
Q3 2024416
Q4 2024450
Q1 2025447
Q2 2025447
Q3 2025434
Q4 2025467
Q1 2026467

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 25Q2 25: 221 bought or addedQ2 25: 194 cut or sold outQ3 25: 226 bought or addedQ3 25: 183 cut or sold outQ3 25Q4 25: 240 bought or addedQ4 25: 178 cut or sold outQ1 26: 245 bought or addedQ1 26: 195 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024181195
Q3 2024216173
Q4 2024234161
Q1 2025243176
Q2 2025221194
Q3 2025226183
Q4 2025240178
Q1 2026245195

Calls vs puts

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

CallsPuts
$0$50k$100k$150k$200kQ2 25 calls: $0Q2 25 puts: $192.0kQ2 25P/C —Q3 25 calls: $186.0kQ3 25 puts: $14.0kQ3 25P/C 0.08Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$0$192.0k—
Q3 2025$186.0k$14.0k0.08
Q4 2025$0$0—
Q1 2026$0$0—

Biggest buyers

Gallagher Fiduciary Advisors, LLC Added +3,708,098+3.7m
JANE STREET GROUP, LLC New +1,789,032+1.8m
WELLS FARGO & COMPANY/MN Added +1,089,843+1.1m
LPL Financial LLC Added +1,016,910+1.0m
RAYMOND JAMES FINANCIAL INC Added +675,579+675.6k
Parkside Investments, LLC New +674,877+674.9k
FIFTH THIRD BANCORP New +477,944+477.9k
ENVESTNET ASSET MANAGEMENT INC Added +455,036+455.0k
Independent Advisor Alliance New +454,311+454.3k
BANK OF AMERICA CORP /DE/ Added +446,585+446.6k

Biggest sellers

ROYAL BANK OF CANADA Reduced -3,976,246-4.0m
STONEBRIDGE ADVISORS LLC Sold out -2,368,824-2.4m
Arax Advisory Partners Reduced -1,268,362-1.3m
Wealthspire Retirement, LLC Sold out -656,384-656.4k
KINGSWOOD WEALTH ADVISORS, LLC Reduced -510,911-510.9k
WIN ADVISORS, INC Sold out -505,315-505.3k
Envestnet Portfolio Solutions, Inc. Reduced -496,225-496.2k
MORGAN STANLEY Reduced -492,398-492.4k
Ocean Park Asset Management, LLC Sold out -412,900-412.9k
Blackhawk Capital Partners, LLC Sold out -294,182-294.2k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 52,758,70752.8m $936.5m $936.5m 0.06% Reduced -492.4k -492,398
2 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 19,554,29119.6m $347.1m $347.1m 0.07% Reduced -4.0m -3,976,246
3 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 17,837,73417.8m $316.6m $316.6m 0.08% Added +1.0m +1,016,910
4 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 17,020,54917.0m $302.1m $302.1m 0.06% Added +1.1m +1,089,843
5 RAYMOND JAMES FINANCIAL INC 0.06% of their portfolio ST. PETERSBURG, FL 10,202,98510.2m $181.1m $181.1m 0.06% Added +675.6k +675,579
6 UBS Group AG 0.03% of their portfolio ZURICH, V8 9,353,5859.4m $166.0m $166.0m 0.03% Reduced -213.3k -213,282
7 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 8,652,2828.7m $153.6m $153.6m 0.01% Added +446.6k +446,585
8 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 5,026,9335.0m $89.2m $89.2m 0.02% Added +362.2k +362,181
9 Gallagher Fiduciary Advisors, LLC 0.01% of their portfolio ROLLING MEADOWS, IL 3,923,2293.9m $221.0k $221.0k 0.01% Added +3.7m +3,708,098
10 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 3,461,4373.5m $61.4m $61.4m 0.07% Added +160.7k +160,742
11 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 2,964,4863.0m $52.6m $52.6m 0.06% Added +383.3k +383,261
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 2,527,9492.5m $44.9m $44.9m 0.01% Added +455.0k +455,036
13 Kestra Advisory Services, LLC 0.16% of their portfolio AUSTIN, TX 2,425,6462.4m $43.1m $43.1m 0.16% Added +108.1k +108,076
14 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 2,353,1542.4m $41.8m $41.8m 0.04% Added +96.4k +96,376
15 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 2,240,7772.2m $39.8m $39.8m 0.06% Added +100.6k +100,625
16 Advisory Alpha, LLC 1.04% of their portfolio HOLLAND, MI 2,147,5482.1m $38.1m $38.1m 1.04% Reduced -5.7k -5,703
17 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 2,036,9082.0m $36.2m $36.2m 0.06% Reduced -174.5k -174,518
18 MAI Capital Management 0.20% of their portfolio INDEPENDENCE, OH 1,997,9602.0m $35.5m $35.5m 0.20% Added +129.8k +129,829
19 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 1,962,1342.0m $34.8m $34.8m 0.05% Added +190.5k +190,506
20 Magnus Financial Group LLC 2.72% of their portfolio NEW YORK, NY 1,885,6671.9m $33.5m $33.5m 2.72% Added +104.0k +104,032
21 PARK NATIONAL CORP /OH/ 1.01% of their portfolio NEWARK, OH 1,866,2421.9m $33.1m $33.1m 1.01% Added +85.8k +85,821
22 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 1,789,0321.8m $31.8m $31.8m 0.03% New
23 Prospera Financial Services Inc 0.43% of their portfolio Dallas, TX 1,516,7441.5m $26.9m $26.9m 0.43% Reduced -24.7k -24,718
24 Falcon Wealth Planning 1.83% of their portfolio Ontario, CA 1,514,4171.5m $26.9m $26.9m 1.83% Added +152.7k +152,675
25 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 1,504,2321.5m $26.7m $26.7m 0.04% Added +327.9k +327,923
26 AFFINITY WEALTH MANAGEMENT LLC 4.00% of their portfolio WILMINGTON, DE 1,487,9521.5m $26.4m $26.4m 4.00% Added +18.4k +18,404
27 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 1,368,2051.4m $24.3m $24.3m 0.03% Reduced -10.4k -10,386
28 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 1,317,5371.3m $23.4m $23.4m 0.01% Added +122.8k +122,799
29 COUNTRY TRUST BANK 0.44% of their portfolio Bloomington, IL 1,306,2351.3m $23.2m $23.2m 0.44% Reduced -93.2k -93,174
30 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.38% of their portfolio Seattle, WA 1,239,5221.2m $22.0m $22.0m 0.38% Added +51.7k +51,664
31 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 1,205,8231.2m $21.4m $21.4m 0.06% Added +30.2k +30,208
32 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 1,155,3681.2m $20.5m $20.5m 0.05% Reduced -1.2k -1,214
33 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 1,125,7911.1m $20.0m $20.0m 0.01% Added +97.0k +97,011
34 Steward Partners Investment Advisory, LLC 0.09% of their portfolio STAMFORD, CT 1,024,2491.0m $18.2m $18.2m 0.09% Added +41.5k +41,477
35 HCR Wealth Advisors 1.84% of their portfolio LOS ANGELES, CA 999,249999.2k $17.7m $17.7m 1.84% Added +1.1k +1,077
36 Ashton Thomas Private Wealth, LLC 0.39% of their portfolio SCOTTSDALE, AZ 924,872924.9k $16.4m $16.4m 0.39% Added +174.9k +174,886
37 Arax Advisory Partners 0.44% of their portfolio NEW YORK, NY 868,355868.4k $15.4m $15.4m 0.44% Reduced -1.3m -1,268,362
38 Kinloch Capital, LLC 6.22% of their portfolio GLEN ALLEN, VA 859,253859.3k $15.3m $15.3m 6.22% Reduced -143.8k -143,801
39 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 852,103852.1k $15.0m $15.0m 0.00% Reduced -7.0k -7,015
40 Mariner, LLC 0.02% of their portfolio Overland Park, KS 835,276835.3k $14.8m $14.8m 0.02% Reduced -11.6k -11,577
41 Waverly Advisors, LLC 0.11% of their portfolio BIRMINGHAM, AL 804,883804.9k $14.3m $14.3m 0.11% Added +28.0k +27,957
42 Avidian Wealth Enterprises, LLC 0.44% of their portfolio Houston, TX 784,275784.3k $13.9m $13.9m 0.44% Added +27.5k +27,523
43 &PARTNERS 0.07% of their portfolio NASHVILLE, TN 744,790744.8k $13.2m $13.2m 0.07% Added +76.1k +76,055
44 Ameritas Investment Partners, Inc. 0.39% of their portfolio LINCOLN, NE 716,495716.5k $12.7m $12.7m 0.39% Added +50.1k +50,129
45 INTEGRITY WEALTH ADVISORS, INC. 7.41% of their portfolio Ventura, CA 695,005695.0k $12.3m $12.3m 7.41% Added +30.1k +30,139
46 Parkside Investments, LLC 1.46% of their portfolio DEERFIELD, IL 674,877674.9k $12.0m $12.0m 1.46% New
47 Twelve Points Wealth Management LLC 2.61% of their portfolio CONCORD, MA 668,860668.9k $11.9m $11.9m 2.61% Added +98.2k +98,165
48 KESTRA PRIVATE WEALTH SERVICES, LLC 0.14% of their portfolio AUSTIN, TX 659,740659.7k $11.7m $11.7m 0.14% Added +33.5k +33,527
49 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 650,615650.6k $11.4m $11.4m 0.01% Added +108.7k +108,670
50 Curran Financial Partners, LLC 2.02% of their portfolio DANIEL ISLAND, SC 635,777635.8k $11.3m $11.3m 2.02% Added +59.9k +59,922
51 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 632,533632.5k $11.2m $11.2m 0.00% Added +6.8k +6,755
52 Equitable Holdings, Inc. 0.07% of their portfolio NEW YORK, NY 625,425625.4k $11.3m $11.3m 0.07% Added +248.9k +248,855
53 Csenge Advisory Group 0.48% of their portfolio CLEARWATER, FL 595,825595.8k $10.6m $10.6m 0.48% Reduced -62.3k -62,275
54 Trinity Legacy Partners, LLC 2.32% of their portfolio HOUSTON, TX 591,245591.2k $10.7m $10.7m 2.32% Added +27.5k +27,548
55 Summit Financial, LLC 0.13% of their portfolio PARSIPPANY, NJ 578,594578.6k $10.3m $10.3m 0.13% Reduced -939 -939
56 Concurrent Investment Advisors, LLC 0.11% of their portfolio Tampa, FL 559,861559.9k $9.9m $9.9m 0.11% Added +415.1k +415,071
57 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 556,769556.8k $9.9m $9.9m 0.01% Added +404.4k +404,450
58 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 554,079554.1k $9.8m $9.8m 0.03% Reduced -7.2k -7,165
59 Quad-Cities Investment Group, LLC 3.79% of their portfolio DAVENPORT, IA 536,184536.2k $9.5m $9.5m 3.79% Added +31.2k +31,238
60 KINGSWOOD WEALTH ADVISORS, LLC 0.45% of their portfolio SAN DIEGO, CA 529,304529.3k $9.4m $9.4m 0.45% Reduced -510.9k -510,911
61 Seros Financial, LLC 5.86% of their portfolio TEMPE, AZ 518,453518.5k $9.2m $9.2m 5.86% Added +9.8k +9,750
62 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 497,762497.8k $8.8m $8.8m 0.01% Added +143.0k +143,007
63 Glassy Mountain Advisors, Inc. 2.73% of their portfolio BETHESDA, MD 494,765494.8k $8.8m $8.8m 2.73% Added +30.2k +30,195
64 FIFTH THIRD BANCORP 0.02% of their portfolio CINCINNATI, OH 477,944477.9k $8.5m $8.5m 0.02% New
65 Midwest Heritage Bank, FSB 2.71% of their portfolio WEST DES MOINES, IA 475,098475.1k $8.4m $8.4m 2.71% Added +80.9k +80,943
66 Chicago Partners Investment Group LLC 0.19% of their portfolio CHICAGO, IL 472,233472.2k $8.6m $8.6m 0.19% Added +7.3k +7,349
67 Prasad Wealth Partners, LLC 2.26% of their portfolio INDEPENDENCE, OH 467,297467.3k $8.3m $8.3m 2.26% Added +18.0k +18,008
68 Newman Dignan & Sheerar, Inc. 1.72% of their portfolio PROVIDENCE, RI 459,787459.8k $8.2m $8.2m 1.72% Added +10.3k +10,257
69 Independent Advisor Alliance 0.09% of their portfolio CHARLOTTE, NC 454,311454.3k $8.1m $8.1m 0.09% New
70 Gladstone Institutional Advisory LLC 0.30% of their portfolio Bedminster, NJ 451,344451.3k $8.0m $8.0m 0.30% Added +67.2k +67,248
71 Fifth Third Securities, Inc. 0.51% of their portfolio Cincinnati, OH 440,420440.4k $7.8m $7.8m 0.51% Added +4.9k +4,927
72 OPPENHEIMER & CO INC 0.09% of their portfolio NEW YORK, NY 435,544435.5k $7.7m $7.7m 0.09% New
73 HARBOUR INVESTMENTS, INC. 0.12% of their portfolio MADISON, WI 428,583428.6k $7.6m $7.6m 0.12% Added +8.9k +8,856
74 Atria Investments, Inc 0.09% of their portfolio Charlotte, NC 428,082428.1k $7.6m $7.6m 0.09% Reduced -32.6k -32,581
75 Gradient Investments LLC 0.12% of their portfolio ARDEN HILLS, MN 424,145424.1k $7.5m $7.5m 0.12% Added +4.7k +4,748
76 Stratos Wealth Partners, LTD. 0.08% of their portfolio BEACHWOOD, OH 420,292420.3k $7.5m $7.5m 0.08% Reduced -7.2k -7,167
77 PFS Partners, LLC 3.31% of their portfolio MINE HILL, NJ 406,889406.9k $7.2m $7.2m 3.31% Added +12.3k +12,254
78 Glass Jacobson Investment Advisors llc 2.47% of their portfolio OWINGS MILLS, MD 403,225403.2k $7.2m $7.2m 2.47% Added +784 +784
79 Mainsail Financial Group, LLC 2.96% of their portfolio BELLEVUE, WA 400,852400.9k $7.1m $7.1m 2.96% Added +263.3k +263,321
80 STEPHENS INC /AR/ 0.09% of their portfolio LITTLE ROCK, AR 391,211391.2k $6.9m $6.9m 0.09% Added +47.8k +47,776
81 Marion Wealth Management 1.49% of their portfolio MONROEVILLE, PA 377,767377.8k $6.7m $6.7m 1.49% Added +17.2k +17,192
82 MGO ONE SEVEN LLC 0.13% of their portfolio Beachwood, OH 369,930369.9k $6.6m $6.6m 0.13% Added +25.4k +25,418
83 HOWARD FINANCIAL SERVICES, LTD. 0.71% of their portfolio DALLAS, TX 353,732353.7k $6.3m $6.3m 0.71% Reduced -6.8k -6,839
84 Ironwood Investment Counsel, LLC 0.89% of their portfolio SCOTTSDALE, AZ 346,152346.2k $6.1m $6.1m 0.89% Added +99.4k +99,359
85 IMA Advisory Services, Inc. 0.59% of their portfolio DENVER, CO 340,868340.9k $6.1m $6.1m 0.59% Added +11.1k +11,099
86 Vestmark Advisory Solutions, Inc. 0.07% of their portfolio Wakefield, MA 340,840340.8k $6.0m $6.0m 0.07% Added +133.5k +133,532
87 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 331,053331.1k $5.9m $5.9m 0.00% Reduced -17.2k -17,226
88 Juno Financial Group LLC 2.25% of their portfolio RICHMOND, VA 323,559323.6k $5.7m $5.7m 2.25% Added +18.4k +18,353
89 LARCH CAPITAL PARTNERS LLC 0.81% of their portfolio MIAMI, FL 314,874314.9k $5.6m $5.6m 0.81% Added +27.8k +27,762
90 Traction Financial Partners, LLC 3.41% of their portfolio LITTLETON, CO 312,311312.3k $5.5m $5.5m 3.41% Reduced -282 -282
91 Triumph Capital Management 1.12% of their portfolio DENVER, CO 309,918309.9k $5.5m $5.5m 1.12% New
92 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 305,134305.1k $5.4m $5.4m 0.03% Reduced -10.4k -10,417
93 Family Legacy, Inc. 1.63% of their portfolio GREENVILLE, SC 305,096305.1k $5.4m $5.4m 1.63% Added +7.5k +7,458
94 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 303,300303.3k $5.4m $5.4m 0.04% Added +140.5k +140,508
95 PARK AVENUE SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 299,448299.4k $5.3m $5.3m 0.04% Added +27.6k +27,572
96 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 297,643297.6k $5.3m $5.3m 0.01% Reduced -75.6k -75,645
97 Uniting Wealth Partners, LLC 1.09% of their portfolio DENVER, CO 289,600289.6k $5.1m $5.1m 1.09% Added +15.4k +15,370
98 Valmark Advisers, Inc. 0.06% of their portfolio AKRON, OH 285,818285.8k $5.1m $5.1m 0.06% Added +10.6k +10,581
99 Dakota Wealth Management 0.10% of their portfolio PALM BEACH GARDENS, FL 268,270268.3k $4.8m $4.8m 0.10% Reduced -48.9k -48,894
100 TWIN PEAKS WEALTH ADVISORS, LLC 1.19% of their portfolio SAN FRANCISCO, CA 265,721265.7k $4.7m $4.7m 1.19% Reduced -11.0k -10,982