Vault-13

FIRST TR EXCH TRADED FD III FMB

MANAGD MUN ETF · ETP · CUSIP 33739N108

275 institutional holders -2 vs Q2 2023
27,802,23527.8m shares reported held*
$1.4bnreported value*
22 new 97 added 121 reduced 22 sold out net bought ≈ $48.3m (+988.8k 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 ($246.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.88.

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 287Q4 22: 276Q1 23: 273Q2 23: 277Q3 23: 275275Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022287
Q4 2022276
Q1 2023273
Q2 2023277
Q3 2023275

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 23Q2 23: 130 bought or addedQ2 23: 131 cut or sold outQ2 23Q3 23: 119 bought or addedQ3 23: 143 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022117157
Q1 2023149114
Q2 2023130131
Q3 2023119143

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $348.1kQ2 23P/C —Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —
Numbers
QuarterCallsPutsP/C
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$348.1k—
Q3 2023$0$0—

Biggest buyers

LPL Financial LLC Added +277,430+277.4k
JPMORGAN CHASE & CO Added +272,014+272.0k
Bank of New York Mellon Corp New +229,480+229.5k
JANE STREET GROUP, LLC Added +132,739+132.7k
OLD MISSION CAPITAL LLC New +85,325+85.3k
UBS Group AG Added +80,201+80.2k
INSPIRION WEALTH ADVISORS, LLC New +70,010+70.0k
First Heartland Consultants, Inc. Added +63,934+63.9k
MORGAN STANLEY Added +56,674+56.7k
OSAIC HOLDINGS, INC. Added +56,424+56.4k

Biggest sellers

RENAISSANCE TECHNOLOGIES LLC Sold out -112,132-112.1k
RFG Advisory, LLC Reduced -110,361-110.4k
EdgeRock Capital LLC Sold out -104,661-104.7k
Cetera Investment Advisers Reduced -89,386-89.4k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -50,542-50.5k
CWA Asset Management Group, LLC Reduced -47,531-47.5k
IFP Advisors, Inc Reduced -36,804-36.8k
Advisory Resource Group Reduced -36,198-36.2k
Composition Wealth, LLC Reduced -35,346-35.3k
SAXON INTERESTS, INC. Sold out -30,734-30.7k

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 2,311,8532.3m $113.0m $113.0m 0.08% Added +277.4k +277,430
2 UBS Group AG 0.05% of their portfolio ZURICH, V8 2,249,3922.2m $110.0m $110.0m 0.05% Added +80.2k +80,201
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,111,7082.1m $103.2m $103.2m 0.01% Added +56.7k +56,674
4 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,791,3051.8m $87.6m $87.6m 0.03% Reduced -9.3k -9,350
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,774,4171.8m $86.7m $86.7m 0.01% Added +34.0k +33,996
6 Avantax Planning Partners, Inc. 1.86% of their portfolio DUBUQUE, IA 907,606907.6k $44.4m $44.4m 1.86% Reduced -24.4k -24,371
7 Sequoia Financial Advisors, LLC 0.64% of their portfolio Akron, OH 746,958747.0k $36.5m $36.5m 0.64% Added +2.7k +2,699
8 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 699,350699.4k $34.2m $34.2m 0.05% Added +56.4k +56,424
9 Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio ST. PETERSBURG, FL 693,301693.3k $33.9m $33.9m 0.06% Added +42.9k +42,887
10 CW Advisors, LLC 0.69% of their portfolio BOSTON, MA 683,524683.5k $33.4m $33.4m 0.69% Reduced -5.1k -5,051
11 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 562,125562.1k $27.5m $27.5m 0.01% Reduced -25.5k -25,473
12 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 417,607417.6k $20.4m $20.4m 0.02% Reduced -20.1k -20,131
13 AVANTAX ADVISORY SERVICES, INC. 0.21% of their portfolio DALLAS, TX 388,822388.8k $19.0m $19.0m 0.21% Reduced -3.3k -3,347
14 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 306,351306.4k $15.0m $15.0m 0.01% Added +4.3k +4,284
15 Magnus Financial Group LLC 2.12% of their portfolio NEW YORK, NY 297,108297.1k $14.5m $14.5m 2.12% Added +1.9k +1,927
16 Financial Planning & Information Services, Inc. 2.58% of their portfolio DE PERE, WI 283,922283.9k $13.9m $13.9m 2.58% Reduced -4.0k -3,981
17 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 277,126277.1k $13.5m $13.5m 0.03% Reduced -50.5k -50,542
18 CWA Asset Management Group, LLC 0.98% of their portfolio NAPLES, FL 272,547272.5k $13.3m $13.3m 0.98% Reduced -47.5k -47,531
19 Composition Wealth, LLC 0.41% of their portfolio LOS ANGELES, CA 272,274272.3k $13.3m $13.3m 0.41% Reduced -35.3k -35,346
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 272,030272.0k $13.3m $13.3m 0.00% Added +272.0k +272,014
21 Kestra Advisory Services, LLC 0.13% of their portfolio AUSTIN, TX 267,625267.6k $13.1m $13.1m 0.13% Added +13.8k +13,840
22 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 265,005265.0k $13.0m $13.0m 0.02% Added +15.6k +15,573
23 OneDigital Investment Advisors LLC 0.28% of their portfolio OVERLAND PARK, KS 260,646260.6k $12.7m $12.7m 0.28% Reduced -1.8k -1,845
24 ERn Financial, LLC 2.65% of their portfolio MIDDLETON, WI 249,562249.6k $12.2m $12.2m 2.65% Added +24.1k +24,083
25 Frisch Financial Group, Inc. 4.86% of their portfolio MELVILLE, NY 245,074245.1k $12.0m $12.0m 4.86% Added +5.7k +5,650
26 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 229,480229.5k $11.2m $11.2m 0.00% New
27 MOTCO 0.75% of their portfolio SAN ANTONIO, TX 223,668223.7k $10.9m $10.9m 0.75% Reduced -1.8k -1,841
28 PFS Partners, LLC 9.59% of their portfolio MINE HILL, NJ 222,567222.6k $10.9m $10.9m 9.59% Added +893 +893
29 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 218,585218.6k $10.7m $10.7m 0.02% Added +9.2k +9,232
30 Kowal Investment Group, LLC 2.69% of their portfolio BROOKFIELD, WI 203,689203.7k $10.0m $10.0m 2.69% Added +14.9k +14,899
31 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 193,743193.7k $9.5m $9.5m 0.01% Reduced -12.4k -12,352
32 Syntegra Private Wealth Group, LLC 1.48% of their portfolio Chesterfield, MO 193,453193.5k $9.5m $9.5m 1.48% Added +427 +427
33 VERUS CAPITAL PARTNERS, LLC 1.26% of their portfolio SCOTTSDALE, AZ 184,847184.8k $9.0m $9.0m 1.26% Added +19.9k +19,856
34 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 180,182180.2k $8.8m $8.8m 0.03% Reduced -180 -180
35 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 171,374171.4k $8.4m $8.4m 0.01% Added +132.7k +132,739
36 RMR Wealth Builders 1.20% of their portfolio Montclair, NJ 154,076154.1k $7.5m $7.5m 1.20% Added +6.6k +6,626
37 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.24% of their portfolio LOS ANGELES, CA 143,389143.4k $7.0m $7.0m 0.24% Reduced -3.8k -3,761
38 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 142,399142.4k $7.0m $7.0m 0.06% Reduced -26.5k -26,461
39 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 138,323138.3k $6.8m $6.8m 0.07% Added +17.6k +17,619
40 ARKANSAS FINANCIAL GROUP, INC. 1.25% of their portfolio LITTLE ROCK, AR 125,646125.6k $6.1m $6.1m 1.25% Added +2.8k +2,847
41 GM Advisory Group, LLC 0.50% of their portfolio MELVILLE, NY 124,530124.5k $6.1m $6.1m 0.50% Added +9.4k +9,363
42 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 114,952115.0k $5.6m $5.6m 0.03% Reduced -18 -18
43 Financial Advocates Investment Management 0.40% of their portfolio OLYMPIA, WA 111,693111.7k $5.5m $5.5m 0.40% Reduced -8.0k -8,018
44 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 110,313110.3k $5.4m $5.4m 0.03% Reduced -1.2k -1,166
45 BCGM Wealth Management, LLC 2.45% of their portfolio LAFAYETTE, IN 109,180109.2k $5.3m $5.3m 2.45% Reduced -9.1k -9,063
46 Atlas Private Wealth Advisors 0.95% of their portfolio RED BANK, NJ 102,947102.9k $5.0m $5.0m 0.95% Added +37.1k +37,070
47 Atlas Private Wealth Management, LLC 2.69% of their portfolio ALBANY, NY 102,621102.6k $5.0m $5.0m 2.69% Added +7.6k +7,613
48 FSB PREMIER WEALTH MANAGEMENT, INC. 2.62% of their portfolio WATERLOO, IA 96,46596.5k $4.7m $4.7m 2.62% Added +12.1k +12,075
49 COUNTRY TRUST BANK 0.14% of their portfolio Bloomington, IL 94,85294.9k $4.6m $4.6m 0.14% Reduced -3.1k -3,135
50 Family Capital Management, Inc. 2.86% of their portfolio GRAND RAPIDS, MI 88,69588.7k $4.3m $4.3m 2.86% Reduced -3.7k -3,733
51 MGO ONE SEVEN LLC 0.33% of their portfolio Beachwood, OH 85,73185.7k $4.2m $4.2m 0.33% Added +21.4k +21,382
52 OLD MISSION CAPITAL LLC 0.14% of their portfolio CHICAGO, IL 85,32585.3k $4.2m $4.2m 0.14% New
53 First Horizon Advisors, Inc. 0.15% of their portfolio MEMPHIS, TN 85,08285.1k $4.2m $4.2m 0.15% Reduced -1.6k -1,617
54 LAKE STREET PRIVATE WEALTH, LLC 0.72% of their portfolio CHICAGO, IL 82,04082.0k $4.0m $4.0m 0.72% Added +29.6k +29,584
55 WEALTH MANAGEMENT RESOURCES, INC. 1.92% of their portfolio SMITHFIELD, RI 81,20581.2k $4.0m $4.0m 1.92% Added +29.1k +29,058
56 Advance Capital Management, Inc. 0.37% of their portfolio SOUTHFIELD, MI 81,14381.1k $4.0m $4.0m 0.37% Reduced -4.0k -3,950
57 Etesian Wealth Advisors, Inc. 2.65% of their portfolio West Linn, OR 80,60580.6k $3.9m $3.9m 2.65% Added +2.4k +2,413
58 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 78,27478.3k $3.8m $3.8m 0.03% Reduced -89.4k -89,386
59 First Heartland Consultants, Inc. 0.47% of their portfolio LAKE ST. LOUIS, MO 76,29376.3k $3.7m $3.7m 0.47% Added +63.9k +63,934
60 SteelPeak Wealth, LLC 0.22% of their portfolio WOODLAND HILLS, CA 71,64671.6k $3.5m $3.5m 0.22% Reduced -7.8k -7,814
61 Legacy Private Trust Co. 0.30% of their portfolio NEENAH, WI 71,64171.6k $3.5m $3.5m 0.30% Reduced -7.1k -7,052
62 INSPIRION WEALTH ADVISORS, LLC 0.67% of their portfolio LIBERTYVILLE, IL 70,01070.0k $3.4m $3.4m 0.67% New
63 Atria Investments, Inc 0.06% of their portfolio Charlotte, NC 69,14569.1k $3.4m $3.4m 0.06% Added +1.7k +1,682
64 Cypress Capital Group 0.49% of their portfolio Palm Beach, FL 68,99269.0k $3.4m $3.4m 0.49% Reduced -2.5k -2,500
65 Cetera Advisor Networks LLC 0.02% of their portfolio EL SEGUNDO, CA 67,66467.7k $3.3m $3.3m 0.02% Added +21.9k +21,889
66 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 66,22166.2k $3.2m $3.2m 0.01% Reduced -19.9k -19,913
67 Westside Investment Management, Inc. 0.92% of their portfolio SANTA MONICA, CA 65,55065.5k $3.2m $3.2m 0.92% Added +400 +400
68 Prestige Wealth Management Group LLC 0.78% of their portfolio FLEMINGTON, NJ 64,83864.8k $3.2m $3.2m 0.78% Added +5.6k +5,590
69 Steward Partners Investment Advisory, LLC 0.05% of their portfolio STAMFORD, CT 63,99764.0k $3.1m $3.1m 0.05% Added +2.2k +2,233
70 Western Wealth Management, LLC 0.25% of their portfolio GOLDEN, CO 59,69459.7k $2.9m $2.9m 0.25% Reduced -6.6k -6,579
71 JOURNEY STRATEGIC WEALTH LLC 0.13% of their portfolio SUMMIT, NJ 57,86657.9k $2.8m $2.8m 0.13% Added +13.1k +13,079
72 Stratos Wealth Partners, LTD. 0.06% of their portfolio BEACHWOOD, OH 57,85457.9k $2.8m $2.8m 0.06% Added +21 +21
73 Crumly & Associates Inc. 1.11% of their portfolio SPRINGFIELD, IL 57,61157.6k $2.8m $2.8m 1.11% Reduced -1.0k -1,046
74 Eldridge Investment Advisors, Inc. 0.93% of their portfolio MANCHESTER, NH 57,36957.4k $2.8m $2.8m 0.93% Reduced -14.2k -14,184
75 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 57,14657.1k $2.8m $2.8m 0.03% Added +7.7k +7,668
76 Blackhawk Capital Partners, LLC 2.03% of their portfolio THIENSVILLE, WI 56,77256.8k $2.8m $2.8m 2.03% Reduced -2.8k -2,790
77 Pine Valley Investments Ltd Liability Co 0.26% of their portfolio MARLTON, NJ 55,79455.8k $2.7m $2.7m 0.26% Added +2.8k +2,751
78 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 55,77255.8k $2.7m $2.7m 0.04% Added +2.5k +2,524
79 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 55,20555.2k $2.7m $2.7m 0.01% New
80 Sebold Capital Management, Inc. 2.18% of their portfolio LISLE, IL 54,51854.5k $2.7m $2.7m 2.18% Added +788 +788
81 IFP Advisors, Inc 0.12% of their portfolio TAMPA, FL 52,63652.6k $2.6m $2.6m 0.12% Reduced -36.8k -36,804
82 Ausdal Financial Partners, Inc. 0.35% of their portfolio Davenport, IA 52,54352.5k $2.6m $2.6m 0.35% Reduced -4.2k -4,200
83 Landmark Wealth Management, LLC 1.42% of their portfolio MELVILLE, NY 51,14751.1k $2.5m $2.5m 1.42% Reduced -8.6k -8,572
84 Weitzel Financial Services, Inc. 1.44% of their portfolio DUBUQUE, IA 50,86850.9k $2.5m $2.5m 1.44% Added +485 +485
85 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 50,27350.3k $2.5m $2.5m 0.00% Added +6.0k +6,006
86 Rehmann Capital Advisory Group 0.23% of their portfolio LANSING, MI 50,05650.1k $2.4m $2.4m 0.23% Added +380 +380
87 FLAGSTAR SECURITIES, INC 0.89% of their portfolio New York, NY 48,09648.1k $2.4m $2.4m 0.89% Added +2.9k +2,882
88 OGOREK ANTHONY JOSEPH /NY/ /ADV 0.92% of their portfolio WILLIAMSVILLE, NY 47,93147.9k $2.3m $2.3m 0.92% Reduced -578 -578
89 WealthCare Investment Partners, LLC 1.42% of their portfolio PORTSMOUTH, RI 47,77747.8k $2.3m $2.3m 1.42% Added +611 +611
90 Visionary Wealth Advisors 0.19% of their portfolio O'FALLON, IL 47,62647.6k $2.3m $2.3m 0.19% Added +469 +469
91 Heck Capital Advisors, LLC 0.43% of their portfolio Rhinelander, WI 46,95147.0k $2.3m $2.3m 0.43% Reduced -344 -344
92 Integrated Wealth Concepts LLC 0.04% of their portfolio WALTHAM, MA 46,76846.8k $2.3m $2.3m 0.04% Reduced -2.6k -2,621
93 Koshinski Asset Management, Inc. 0.26% of their portfolio DECATUR, IL 46,44446.4k $2.3m $2.3m 0.26% Added +1.1k +1,142
94 XML Financial, LLC 0.27% of their portfolio BETHESDA, MD 46,13746.1k $2.3m $2.3m 0.27% New
95 MONEYWISE, INC. 1.37% of their portfolio FOREST, VA 44,77044.8k $2.2m $2.2m 1.37% Added +1.6k +1,588
96 Tower Wealth Partners, Inc. 1.79% of their portfolio LEWISBURG, PA 44,53544.5k $2.2m $2.2m 1.79% Reduced -1.6k -1,581
97 Alta Wealth Advisors LLC 1.33% of their portfolio Woburn, MA 44,26544.3k $2.2m $2.2m 1.33% Reduced -2.6k -2,594
98 Prospera Financial Services Inc 0.08% of their portfolio Dallas, TX 42,51842.5k $2.1m $2.1m 0.08% Reduced -2.5k -2,529
99 Lifestyle Asset Management, Inc. 1.25% of their portfolio FRIENDSWOOD, TX 42,28042.3k $2.1m $2.1m 1.25% Reduced -4.4k -4,427
100 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 42,20942.2k $2.1m $2.1m 0.02% Added +23.7k +23,735