Vault-13

FIRST TR EXCH TRADED FD III FMB

MANAGD MUN ETF · ETP · CUSIP 33739N108

273 institutional holders -3 vs Q4 2022
27,316,35727.3m shares reported held*
$1.4bnreported value*
18 new 131 added 90 reduced 24 sold out net sold ≈ $5.2m (-101.6k 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 ($236.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $50.94.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 287Q4 22: 276Q1 23: 273273Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022287
Q4 2022276
Q1 2023273

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 117 bought or addedQ4 22: 157 cut or sold outQ4 22Q1 23: 149 bought or addedQ1 23: 114 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022117157
Q1 2023149114

Biggest buyers

Frisch Financial Group, Inc. Added +202,700+202.7k
COMMONWEALTH EQUITY SERVICES, LLC Added +133,264+133.3k
WELLS FARGO & COMPANY/MN Added +129,264+129.3k
Cambridge Investment Research Advisors, Inc. Added +121,945+121.9k
OSAIC HOLDINGS, INC. Added +93,256+93.3k
BANK OF AMERICA CORP /DE/ Added +75,075+75.1k
RAYMOND JAMES & ASSOCIATES Added +69,386+69.4k
MGO ONE SEVEN LLC Added +63,192+63.2k
Blackhawk Capital Partners, LLC New +62,262+62.3k
Sequoia Financial Advisors, LLC Added +51,762+51.8k

Biggest sellers

JANE STREET GROUP, LLC Sold out -756,480-756.5k
FLOW TRADERS U.S. LLC Sold out -221,349-221.3k
OLD MISSION CAPITAL LLC Sold out -98,730-98.7k
CWM, LLC Reduced -90,136-90.1k
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC Reduced -68,452-68.5k
RFG Advisory, LLC Reduced -67,226-67.2k
Mariner, LLC Reduced -66,141-66.1k
UBS Group AG Reduced -62,309-62.3k
CITIGROUP INC Reduced -54,152-54.2k
DEBUSSY CAPITAL MANAGEMENT LP Sold out -52,553-52.6k

Holders, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 UBS Group AG 0.05% of their portfolio ZURICH, V8 2,126,5432.1m $108.3m $108.3m 0.05% Reduced -62.3k -62,309
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,068,6362.1m $105.4m $105.4m 0.01% Added +14.5k +14,476
3 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 1,987,9252.0m $101.3m $101.3m 0.08% Added +17.5k +17,507
4 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,805,5951.8m $92.0m $92.0m 0.03% Added +129.3k +129,264
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,616,3001.6m $82.3m $82.3m 0.01% Added +75.1k +75,075
6 CW Advisors, LLC 1.24% of their portfolio BOSTON, MA 1,005,7541.0m $51.2m $51.2m 1.24% Added +23.6k +23,565
7 Avantax Planning Partners, Inc. 1.98% of their portfolio DUBUQUE, IA 957,093957.1k $48.8m $48.8m 1.98% Reduced -28.5k -28,473
8 Sequoia Financial Advisors, LLC 0.85% of their portfolio Akron, OH 753,610753.6k $38.4m $38.4m 0.85% Added +51.8k +51,762
9 Raymond James Financial Services Advisors, Inc. 0.07% of their portfolio ST. PETERSBURG, FL 688,764688.8k $35.1m $35.1m 0.07% Added +44.3k +44,274
10 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 637,947637.9k $32.5m $32.5m 0.06% Added +93.3k +93,256
11 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 598,455598.5k $30.5m $30.5m 0.01% Added +30.0k +29,997
12 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 420,959421.0k $21.4m $21.4m 0.02% Added +69.4k +69,386
13 AVANTAX ADVISORY SERVICES, INC. 0.25% of their portfolio DALLAS, TX 403,407403.4k $20.5m $20.5m 0.25% Added +14.5k +14,481
14 CWA Asset Management Group, LLC 1.35% of their portfolio NAPLES, FL 357,122357.1k $18.2m $18.2m 1.35% Reduced -11.2k -11,228
15 Composition Wealth, LLC 0.59% of their portfolio LOS ANGELES, CA 356,952357.0k $18.2m $18.2m 0.59% Reduced -12.2k -12,157
16 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 333,751333.8k $17.0m $17.0m 0.04% Added +133.3k +133,264
17 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 304,300304.3k $15.5m $15.5m 0.02% Reduced -6.7k -6,700
18 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 298,248298.2k $15.2m $15.2m 0.01% Added +22.8k +22,769
19 Magnus Financial Group LLC 2.29% of their portfolio NEW YORK, NY 294,521294.5k $15.0m $15.0m 2.29% Reduced -10.1k -10,087
20 Financial Planning & Information Services, Inc. 2.86% of their portfolio DE PERE, WI 289,879289.9k $14.8m $14.8m 2.86% Added +11.7k +11,693
21 Kestra Advisory Services, LLC 0.15% of their portfolio AUSTIN, TX 269,713269.7k $13.7m $13.7m 0.15% Added +42.1k +42,126
22 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 240,379240.4k $12.2m $12.2m 0.02% Reduced -14.0k -14,039
23 PFS INVESTMENTS INC. 0.21% of their portfolio DULUTH, GA 234,330234.3k $12.0m $12.0m 0.21% Added +11.5k +11,515
24 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 233,241233.2k $11.9m $11.9m 0.06% Added +121.9k +121,945
25 OneDigital Investment Advisors LLC 0.28% of their portfolio OVERLAND PARK, KS 230,678230.7k $11.7m $11.7m 0.28% Reduced -19.7k -19,744
26 MOTCO 0.79% of their portfolio SAN ANTONIO, TX 227,182227.2k $11.6m $11.6m 0.79% Reduced -13.7k -13,656
27 Frisch Financial Group, Inc. 4.49% of their portfolio MELVILLE, NY 227,057227.1k $11.6m $11.6m 4.49% Added +202.7k +202,700
28 PFS Partners, LLC 11.15% of their portfolio MINE HILL, NJ 224,098224.1k $11.4m $11.4m 11.15% Added +16.2k +16,192
29 ERn Financial, LLC 2.51% of their portfolio MIDDLETON, WI 223,777223.8k $11.4m $11.4m 2.51% Added +12.9k +12,937
30 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 215,590215.6k $11.0m $11.0m 0.02% Added +45.4k +45,435
31 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 203,663203.7k $10.4m $10.4m 0.01% Reduced -54.2k -54,152
32 Legacy Private Trust Co. 0.83% of their portfolio NEENAH, WI 190,590190.6k $9.7m $9.7m 0.83% Added +3.3k +3,295
33 Syntegra Private Wealth Group, LLC 1.61% of their portfolio Chesterfield, MO 177,655177.7k $9.0m $9.0m 1.61% Added +19.6k +19,642
34 VERUS CAPITAL PARTNERS, LLC 1.35% of their portfolio SCOTTSDALE, AZ 169,412169.4k $8.6m $8.6m 1.35% Added +7.9k +7,921
35 Cetera Investment Advisers 0.07% of their portfolio SCHAUMBURG, IL 167,865167.9k $8.6m $8.6m 0.07% Added +9.6k +9,613
36 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 163,181163.2k $8.3m $8.3m 0.03% Added +7.1k +7,090
37 Private Advisor Group, LLC 0.08% of their portfolio MORRISTOWN, NJ 156,110156.1k $8.0m $8.0m 0.08% Added +2.0k +1,999
38 Kowal Investment Group, LLC 2.13% of their portfolio BROOKFIELD, WI 147,389147.4k $7.5m $7.5m 2.13% Added +2.6k +2,645
39 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.25% of their portfolio LOS ANGELES, CA 140,409140.4k $7.2m $7.2m 0.25% Reduced -68.5k -68,452
40 AE Wealth Management LLC 0.04% of their portfolio TOPEKA, KS 134,601134.6k $6.9m $6.9m 0.04% Reduced -3.3k -3,296
41 RFG Advisory, LLC 0.32% of their portfolio BIRMINGHAM, AL 127,328127.3k $6.5m $6.5m 0.32% Reduced -67.2k -67,226
42 ARKANSAS FINANCIAL GROUP, INC. 1.29% of their portfolio LITTLE ROCK, AR 121,988122.0k $6.2m $6.2m 1.29% Added +1.6k +1,574
43 GM Advisory Group, LLC 0.51% of their portfolio MELVILLE, NY 109,578109.6k $5.6m $5.6m 0.51% Added +23.3k +23,317
44 BCGM Wealth Management, LLC 2.81% of their portfolio LAFAYETTE, IN 109,262109.3k $5.6m $5.6m 2.81% Reduced -1.5k -1,504
45 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 109,162109.2k $5.6m $5.6m 0.04% Added +3.0k +3,030
46 EdgeRock Capital LLC 2.81% of their portfolio DENVER, CO 107,445107.4k $5.5m $5.5m 2.81% Added +4.9k +4,868
47 RMR Wealth Builders 1.04% of their portfolio Montclair, NJ 107,106107.1k $5.5m $5.5m 1.04% Added +31.9k +31,868
48 COUNTRY TRUST BANK 0.14% of their portfolio Bloomington, IL 96,86196.9k $4.9m $4.9m 0.14% Added +50.3k +50,281
49 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 93,94993.9k $4.8m $4.8m 0.06% Added +35.1k +35,133
50 Family Capital Management, Inc. 3.24% of their portfolio GRAND RAPIDS, MI 93,35793.4k $4.8m $4.8m 3.24% Added +9.1k +9,084
51 First Horizon Advisors, Inc. 0.17% of their portfolio MEMPHIS, TN 92,60892.6k $4.7m $4.7m 0.17% Added +17.7k +17,681
52 Financial Advocates Investment Management 0.34% of their portfolio OLYMPIA, WA 88,60188.6k $4.5m $4.5m 0.34% Added +4.4k +4,361
53 Etesian Wealth Advisors, Inc. 2.96% of their portfolio West Linn, OR 87,40087.4k $4.5m $4.5m 2.96% Added +7.2k +7,244
54 Atlas Private Wealth Management, LLC 2.63% of their portfolio ALBANY, NY 85,89585.9k $4.4m $4.4m 2.63% Unchanged
55 MGO ONE SEVEN LLC 0.28% of their portfolio Beachwood, OH 85,88885.9k $4.4m $4.4m 0.28% Added +63.2k +63,192
56 FSB PREMIER WEALTH MANAGEMENT, INC. 2.40% of their portfolio WATERLOO, IA 84,63284.6k $4.3m $4.3m 2.40% Added +5.2k +5,229
57 Eldridge Investment Advisors, Inc. 1.49% of their portfolio MANCHESTER, NH 84,18284.2k $4.3m $4.3m 1.49% Reduced -8.2k -8,234
58 Cypress Capital Group 0.61% of their portfolio Palm Beach, FL 78,59278.6k $4.0m $4.0m 0.61% Reduced -7.9k -7,860
59 SteelPeak Wealth, LLC 0.27% of their portfolio WOODLAND HILLS, CA 77,62077.6k $4.0m $4.0m 0.27% Added +45.5k +45,543
60 Advance Capital Management, Inc. 0.66% of their portfolio SOUTHFIELD, MI 72,78772.8k $3.7m $3.7m 0.66% Added +291 +291
61 Western Wealth Management, LLC 0.33% of their portfolio GOLDEN, CO 68,81568.8k $3.5m $3.5m 0.33% Added +5.5k +5,458
62 Westside Investment Management, Inc. 0.96% of their portfolio SANTA MONICA, CA 63,95064.0k $3.3m $3.3m 0.96% Added +3.6k +3,600
63 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 63,20663.2k $3.2m $3.2m 0.02% Added +10.7k +10,694
64 Atria Wealth Solutions, Inc. 0.05% of their portfolio NEW YORK, NY 62,59562.6k $3.2m $3.2m 0.05% Added +42.0k +42,045
65 Blackhawk Capital Partners, LLC 2.32% of their portfolio THIENSVILLE, WI 62,26262.3k $3.2m $3.2m 2.32% New
66 Sebold Capital Management, Inc. 2.43% of their portfolio LISLE, IL 60,42760.4k $3.1m $3.1m 2.43% Added +2.6k +2,585
67 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 58,63058.6k $3.0m $3.0m 0.05% Reduced -13.1k -13,062
68 Ausdal Financial Partners, Inc. 0.40% of their portfolio Davenport, IA 57,34957.3k $2.9m $2.9m 0.40% Added +3.8k +3,778
69 Landmark Wealth Management, LLC 1.61% of their portfolio MELVILLE, NY 56,74156.7k $2.9m $2.9m 1.61% Added +12.9k +12,866
70 Stratos Wealth Partners, LTD. 0.08% of their portfolio BEACHWOOD, OH 56,38356.4k $2.9m $2.9m 0.08% Reduced -1.8k -1,848
71 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 55,57355.6k $2.8m $2.8m 0.05% Added +14.8k +14,848
72 Prestige Wealth Management Group LLC 0.71% of their portfolio FLEMINGTON, NJ 55,12355.1k $2.8m $2.8m 0.71% Added +1.6k +1,557
73 Pine Valley Investments Ltd Liability Co 0.41% of their portfolio MARLTON, NJ 52,98753.0k $2.7m $2.7m 0.41% First filing
74 WEALTH MANAGEMENT RESOURCES, INC. 1.63% of their portfolio SMITHFIELD, RI 52,14752.1k $2.7m $2.7m 1.63% Added +3.0k +2,989
75 Rehmann Capital Advisory Group 0.25% of their portfolio LANSING, MI 51,20251.2k $2.6m $2.6m 0.25% Added +5.6k +5,562
76 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 50,95651.0k $2.6m $2.6m 0.01% Added +1.7k +1,719
77 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 50,10450.1k $2.6m $2.6m 0.04% Reduced -8.0k -8,004
78 Lifestyle Asset Management, Inc. 1.71% of their portfolio FRIENDSWOOD, TX 50,09050.1k $2.6m $2.6m 1.71% Added +645 +645
79 Integrated Wealth Concepts LLC 0.05% of their portfolio WALTHAM, MA 49,71149.7k $2.5m $2.5m 0.05% Added +2.2k +2,218
80 OGOREK ANTHONY JOSEPH /NY/ /ADV 1.03% of their portfolio WILLIAMSVILLE, NY 49,64749.6k $2.5m $2.5m 1.03% Added +4.5k +4,490
81 Weitzel Financial Services, Inc. 1.50% of their portfolio DUBUQUE, IA 49,01949.0k $2.5m $2.5m 1.50% Added +2.0k +2,025
82 Stratos Wealth Advisors, LLC 0.19% of their portfolio BEACHWOOD, OH 48,78248.8k $2.5m $2.5m 0.19% Added +217 +217
83 Heck Capital Advisors, LLC 0.47% of their portfolio Rhinelander, WI 48,26348.3k $2.5m $2.5m 0.47% Added +328 +328
84 IFP Advisors, Inc 0.11% of their portfolio TAMPA, FL 48,04548.0k $2.5m $2.5m 0.11% Reduced -30.3k -30,257
85 Alta Wealth Advisors LLC 1.52% of their portfolio Woburn, MA 47,40447.4k $2.4m $2.4m 1.52% Reduced -414 -414
86 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 47,15447.2k $2.4m $2.4m 0.03% Added +2.0k +1,986
87 FLAGSTAR SECURITIES, INC 0.85% of their portfolio New York, NY 45,91445.9k $2.3m $2.3m 0.85% Reduced -942 -942
88 Tower Wealth Partners, Inc. 1.95% of their portfolio LEWISBURG, PA 45,72745.7k $2.3m $2.3m 1.95% Added +202 +202
89 Koshinski Asset Management, Inc. 0.22% of their portfolio DECATUR, IL 45,00045.0k $2.3m $2.3m 0.22% Reduced -13.7k -13,690
90 Ameritas Advisory Services, LLC 0.11% of their portfolio Lincoln, NE 44,66544.7k $2.3m $2.3m 0.11% Reduced -20.0k -19,952
91 Advisory Resource Group 0.63% of their portfolio Tulsa, OK 43,95944.0k $2.2m $2.2m 0.63% Reduced -3.2k -3,151
92 MONEYWISE, INC. 1.38% of their portfolio FOREST, VA 42,01742.0k $2.1m $2.1m 1.38% Added +2.7k +2,658
93 Strategic Financial Partners, Ltd. 1.29% of their portfolio Bend, OR 41,42541.4k $2.1m $2.1m 1.29% Reduced -1.5k -1,529
94 Mutual Advisors, LLC 0.09% of their portfolio OMAHA, NE 41,19341.2k $2.1m $2.1m 0.09% Added +2.5k +2,466
95 FOSTER & MOTLEY INC 0.17% of their portfolio CINCINNATI, OH 40,94740.9k $2.1m $2.1m 0.17% Reduced -472 -472
96 Leelyn Smith, LLC 0.53% of their portfolio GENEVA, IL 40,91240.9k $2.1m $2.1m 0.53% Added +6.2k +6,215
97 Barber Financial Group, Inc. 0.37% of their portfolio LENEXA, KS 40,82540.8k $2.1m $2.1m 0.37% Reduced -852 -852
98 JOURNEY STRATEGIC WEALTH LLC 0.21% of their portfolio SUMMIT, NJ 40,03940.0k $2.0m $2.0m 0.21% Added +386 +386
99 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 39,83639.8k $2.0m $2.0m 0.00% Added +19.0k +18,990
100 Clear Creek Financial Management, LLC 0.36% of their portfolio SILVERDALE, WA 37,33337.3k $1.9m $1.9m 0.36% Reduced -621 -621