Vault-13

FIRST TR EXCH TRADED FD III FMB

MANAGD MUN ETF · ETP · CUSIP 33739N108

299 institutional holders +24 vs Q3 2023
31,387,23031.4m shares reported held*
$1.6bnreported value*
31 new 90 added 135 reduced 20 sold out net bought ≈ $166.5m (+3.2m 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 ($249.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.66.

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 287Q4 22: 276Q1 23: 273Q2 23: 277Q3 23: 275Q4 23: 299299Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022287
Q4 2022276
Q1 2023273
Q2 2023277
Q3 2023275
Q4 2023299

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 23Q4 23: 121 bought or addedQ4 23: 155 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022117157
Q1 2023149114
Q2 2023130131
Q3 2023119143
Q4 2023121155

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ1 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 —Q4 23 calls: $0Q4 23 puts: $0Q4 23P/C —
Numbers
QuarterCallsPutsP/C
Q1 2023$0$0—
Q2 2023$0$348.1k—
Q3 2023$0$0—
Q4 2023$0$0—

Biggest buyers

MORGAN STANLEY Added +2,943,978+2.9m
JPMORGAN CHASE & CO Added +483,036+483.0k
WELLS FARGO & COMPANY/MN Added +251,160+251.2k
RENAISSANCE TECHNOLOGIES LLC New +217,903+217.9k
RFG Advisory, LLC Added +175,530+175.5k
Composition Wealth, LLC Added +171,963+172.0k
Sequoia Financial Advisors, LLC Added +156,465+156.5k
Vantage Financial Partners Ltd., Inc. New +142,223+142.2k
Avantax Planning Partners, Inc. Added +121,339+121.3k
Rockefeller Capital Management L.P. Added +98,138+98.1k

Biggest sellers

UBS Group AG Reduced -483,347-483.3k
PFS Partners, LLC Reduced -222,318-222.3k
Magnus Financial Group LLC Reduced -184,467-184.5k
JANE STREET GROUP, LLC Sold out -171,374-171.4k
OSAIC HOLDINGS, INC. Reduced -166,058-166.1k
BANK OF AMERICA CORP /DE/ Reduced -157,865-157.9k
LPL Financial LLC Reduced -124,881-124.9k
Atlas Private Wealth Management, LLC Sold out -102,621-102.6k
OLD MISSION CAPITAL LLC Sold out -85,325-85.3k
Raymond James Financial Services Advisors, Inc. Reduced -48,055-48.1k

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,055,6865.1m $261.2m $261.2m 0.01% Added +2.9m +2,943,978
2 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 2,186,9722.2m $113.0m $113.0m 0.07% Reduced -124.9k -124,881
3 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,042,4652.0m $105.5m $105.5m 0.03% Added +251.2k +251,160
4 UBS Group AG 0.04% of their portfolio ZURICH, V8 1,766,0451.8m $91.2m $91.2m 0.04% Reduced -483.3k -483,347
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,616,5521.6m $83.5m $83.5m 0.01% Reduced -157.9k -157,865
6 Avantax Planning Partners, Inc. 2.03% of their portfolio DUBUQUE, IA 1,028,9451.0m $53.2m $53.2m 2.03% Added +121.3k +121,339
7 Sequoia Financial Advisors, LLC 0.58% of their portfolio Akron, OH 903,423903.4k $46.7m $46.7m 0.58% Added +156.5k +156,465
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 755,066755.1k $39.0m $39.0m 0.00% Added +483.0k +483,036
9 CW Advisors, LLC 0.64% of their portfolio BOSTON, MA 675,130675.1k $34.9m $34.9m 0.64% Reduced -8.4k -8,394
10 Raymond James Financial Services Advisors, Inc. 0.05% of their portfolio ST. PETERSBURG, FL 645,246645.2k $33.3m $33.3m 0.05% Reduced -48.1k -48,055
11 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 584,390584.4k $30.2m $30.2m 0.01% Added +22.3k +22,265
12 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 533,292533.3k $27.6m $27.6m 0.05% Reduced -166.1k -166,058
13 Composition Wealth, LLC 0.63% of their portfolio LOS ANGELES, CA 444,237444.2k $23.0m $23.0m 0.63% Added +172.0k +171,963
14 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 378,490378.5k $19.6m $19.6m 0.01% Reduced -39.1k -39,117
15 AVANTAX ADVISORY SERVICES, INC. 0.19% of their portfolio DALLAS, TX 363,329363.3k $18.8m $18.8m 0.19% Reduced -25.5k -25,493
16 OneDigital Investment Advisors LLC 0.31% of their portfolio OVERLAND PARK, KS 347,087347.1k $17.9m $17.9m 0.31% Added +86.4k +86,441
17 CWA Asset Management Group, LLC 1.19% of their portfolio NAPLES, FL 337,265337.3k $17.4m $17.4m 1.19% Added +64.7k +64,718
18 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 316,940316.9k $16.4m $16.4m 0.01% Added +10.6k +10,589
19 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 289,941289.9k $15.0m $15.0m 0.03% Added +12.8k +12,815
20 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 277,450277.4k $14.3m $14.3m 0.02% Added +12.4k +12,445
21 Financial Planning & Information Services, Inc. 2.10% of their portfolio DE PERE, WI 257,325257.3k $13.3m $13.3m 2.10% Reduced -26.6k -26,597
22 Kestra Advisory Services, LLC 0.11% of their portfolio AUSTIN, TX 256,050256.1k $13.2m $13.2m 0.11% Reduced -11.6k -11,575
23 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 250,307250.3k $12.9m $12.9m 0.02% Added +31.7k +31,722
24 ERn Financial, LLC 2.42% of their portfolio MIDDLETON, WI 248,532248.5k $12.8m $12.8m 2.42% Reduced -1.0k -1,030
25 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 226,570226.6k $11.7m $11.7m 0.04% Added +46.4k +46,388
26 Kowal Investment Group, LLC 2.64% of their portfolio BROOKFIELD, WI 219,293219.3k $11.3m $11.3m 2.64% Added +15.6k +15,604
27 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 218,139218.1k $11.3m $11.3m 0.00% Reduced -11.3k -11,341
28 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 217,903217.9k $11.3m $11.3m 0.02% New
29 Frisch Financial Group, Inc. 4.06% of their portfolio MELVILLE, NY 208,349208.3k $10.8m $10.8m 4.06% Reduced -36.7k -36,725
30 MOTCO 0.68% of their portfolio SAN ANTONIO, TX 206,139206.1k $10.7m $10.7m 0.68% Reduced -17.5k -17,529
31 VERUS CAPITAL PARTNERS, LLC 1.28% of their portfolio SCOTTSDALE, AZ 202,584202.6k $10.5m $10.5m 1.28% Added +17.7k +17,737
32 RFG Advisory, LLC 0.39% of their portfolio BIRMINGHAM, AL 194,688194.7k $10.1m $10.1m 0.39% Added +175.5k +175,530
33 RMR Wealth Builders 1.41% of their portfolio Montclair, NJ 194,086194.1k $10.0m $10.0m 1.41% Added +40.0k +40,010
34 Syntegra Private Wealth Group, LLC 1.40% of their portfolio Chesterfield, MO 191,916191.9k $9.9m $9.9m 1.40% Reduced -1.5k -1,537
35 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 164,359164.4k $8.5m $8.5m 0.03% Added +98.1k +98,138
36 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 163,512163.5k $8.4m $8.4m 0.01% Reduced -30.2k -30,231
37 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 160,775160.8k $8.3m $8.3m 0.06% Added +18.4k +18,376
38 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 150,635150.6k $7.7m $7.7m 0.07% Added +12.3k +12,312
39 Vantage Financial Partners Ltd., Inc. 2.23% of their portfolio ARLINGTON HEIGHTS, IL 142,223142.2k $7.3m $7.3m 2.23% New
40 Cetera Advisor Networks LLC 0.04% of their portfolio EL SEGUNDO, CA 141,662141.7k $7.3m $7.3m 0.04% Added +74.0k +73,998
41 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 140,122140.1k $7.2m $7.2m 0.01% Added +89.8k +89,849
42 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.21% of their portfolio LOS ANGELES, CA 140,096140.1k $7.2m $7.2m 0.21% Reduced -3.3k -3,293
43 GM Advisory Group, LLC 0.52% of their portfolio MELVILLE, NY 133,320133.3k $6.9m $6.9m 0.52% Added +8.8k +8,790
44 ARKANSAS FINANCIAL GROUP, INC. 1.12% of their portfolio LITTLE ROCK, AR 117,386117.4k $6.1m $6.1m 1.12% Reduced -8.3k -8,260
45 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 114,242114.2k $5.9m $5.9m 0.03% Reduced -710 -710
46 Magnus Financial Group LLC 0.76% of their portfolio NEW YORK, NY 112,641112.6k $5.8m $5.8m 0.76% Reduced -184.5k -184,467
47 First Horizon Advisors, Inc. 0.19% of their portfolio MEMPHIS, TN 109,972110.0k $5.7m $5.7m 0.19% Added +24.9k +24,890
48 Financial Advocates Investment Management 0.36% of their portfolio OLYMPIA, WA 105,830105.8k $5.5m $5.5m 0.36% Reduced -5.9k -5,863
49 BCGM Wealth Management, LLC 2.08% of their portfolio LAFAYETTE, IN 98,97399.0k $5.1m $5.1m 2.08% Reduced -10.2k -10,207
50 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 97,95698.0k $5.1m $5.1m 0.02% Reduced -12.4k -12,357
51 Atlas Private Wealth Advisors 0.94% of their portfolio RED BANK, NJ 97,84397.8k $5.1m $5.1m 0.94% Reduced -5.1k -5,104
52 Atria Investments, Inc 0.08% of their portfolio Charlotte, NC 95,09095.1k $4.9m $4.9m 0.08% Added +25.9k +25,945
53 FSB PREMIER WEALTH MANAGEMENT, INC. 2.43% of their portfolio WATERLOO, IA 93,75793.8k $4.8m $4.8m 2.43% Reduced -2.7k -2,708
54 MGO ONE SEVEN LLC 0.28% of their portfolio Beachwood, OH 92,03392.0k $4.8m $4.8m 0.28% Added +6.3k +6,302
55 COUNTRY TRUST BANK 0.13% of their portfolio Bloomington, IL 90,40490.4k $4.7m $4.7m 0.13% Reduced -4.4k -4,448
56 Legacy Private Trust Co. 0.37% of their portfolio NEENAH, WI 89,27589.3k $4.6m $4.6m 0.37% Added +17.6k +17,634
57 Etesian Wealth Advisors, Inc. 2.76% of their portfolio West Linn, OR 89,05789.1k $4.6m $4.6m 2.76% Added +8.5k +8,452
58 First Heartland Consultants, Inc. 0.55% of their portfolio LAKE ST. LOUIS, MO 88,49488.5k $4.6m $4.6m 0.55% Added +12.2k +12,201
59 LAKE STREET PRIVATE WEALTH, LLC 0.71% of their portfolio CHICAGO, IL 87,19087.2k $4.5m $4.5m 0.71% Added +5.2k +5,150
60 Bernardo Wealth Planning LLC 1.33% of their portfolio HARLEYSVILLE, PA 81,33981.3k $4.2m $4.2m 1.33% Added +40.7k +40,680
61 WEALTH MANAGEMENT RESOURCES, INC. 1.97% of their portfolio SMITHFIELD, RI 81,12181.1k $4.2m $4.2m 1.97% Reduced -84 -84
62 Wiser Advisor Group LLC 6.97% of their portfolio PHOENIX, AZ 81,08781.1k $4.2m $4.2m 6.97% First filing
63 Advance Capital Management, Inc. 0.32% of their portfolio SOUTHFIELD, MI 79,16779.2k $4.1m $4.1m 0.32% Reduced -2.0k -1,976
64 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 72,85272.9k $3.8m $3.8m 0.03% Reduced -5.4k -5,422
65 Prestige Wealth Management Group LLC 0.80% of their portfolio FLEMINGTON, NJ 68,53468.5k $3.5m $3.5m 0.80% Added +3.7k +3,696
66 JOURNEY STRATEGIC WEALTH LLC 0.16% of their portfolio SUMMIT, NJ 66,92766.9k $3.5m $3.5m 0.16% Added +9.1k +9,061
67 Westside Investment Management, Inc. 0.86% of their portfolio SANTA MONICA, CA 65,31665.3k $3.4m $3.4m 0.86% Reduced -234 -234
68 INSPIRION WEALTH ADVISORS, LLC 0.56% of their portfolio LIBERTYVILLE, IL 60,39260.4k $3.1m $3.1m 0.56% Reduced -9.6k -9,618
69 Main Line Retirement Advisors, LLC 2.64% of their portfolio WHITEFISH, MT 58,73558.7k $3.0m $3.0m 2.64% First filing
70 Landmark Wealth Management, LLC 1.47% of their portfolio MELVILLE, NY 57,71057.7k $3.0m $3.0m 1.47% Added +6.6k +6,563
71 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 55,58455.6k $2.9m $2.9m 0.04% Reduced -188 -188
72 Blackhawk Capital Partners, LLC 1.92% of their portfolio THIENSVILLE, WI 54,77154.8k $2.8m $2.8m 1.92% Reduced -2.0k -2,001
73 ABLE Financial Group, LLC 1.19% of their portfolio SCOTTSDALE, AZ 53,35653.4k $2.8m $2.8m 1.19% Added +42.5k +42,510
74 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 52,88252.9k $2.7m $2.7m 0.04% Reduced -11.1k -11,115
75 Western Wealth Management, LLC 0.19% of their portfolio GOLDEN, CO 52,19952.2k $2.7m $2.7m 0.19% Reduced -7.5k -7,495
76 Pine Valley Investments Ltd Liability Co 0.23% of their portfolio MARLTON, NJ 52,06852.1k $2.7m $2.7m 0.23% Reduced -3.7k -3,726
77 EdgeRock Capital LLC 1.94% of their portfolio DENVER, CO 51,64151.6k $2.7m $2.7m 1.94% New
78 Ausdal Financial Partners, Inc. 0.32% of their portfolio Davenport, IA 50,08450.1k $2.6m $2.6m 0.32% Reduced -2.5k -2,459
79 HFG Wealth Management, LLC 0.63% of their portfolio The Woodlands, TX 49,63149.6k $2.6m $2.6m 0.63% First filing
80 Rehmann Capital Advisory Group 0.21% of their portfolio LANSING, MI 49,28949.3k $2.5m $2.5m 0.21% Reduced -767 -767
81 OPINICUS CAPITAL, INC. 2.54% of their portfolio TAMPA, FL 48,25448.3k $2.5m $2.5m 2.54% First filing
82 D.A. DAVIDSON & CO. 0.02% of their portfolio GREAT FALLS, MT 48,13148.1k $2.5m $2.5m 0.02% Reduced -9.0k -9,015
83 WealthCare Investment Partners, LLC 1.36% of their portfolio PORTSMOUTH, RI 48,10448.1k $2.5m $2.5m 1.36% Added +327 +327
84 COMERICA BANK 0.01% of their portfolio DALLAS, TX 47,89647.9k $2.5m $2.5m 0.01% Added +10.0k +10,029
85 PCG Wealth Advisors, LLC 1.36% of their portfolio OVERLAND PARK, KS 47,10247.1k $2.4m $2.4m 1.36% New
86 Family Capital Management, Inc. 1.72% of their portfolio GRAND RAPIDS, MI 47,07947.1k $2.4m $2.4m 1.72% Reduced -41.6k -41,616
87 XML Financial, LLC 0.25% of their portfolio BETHESDA, MD 46,57346.6k $2.4m $2.4m 0.25% Added +436 +436
88 Weitzel Financial Services, Inc. 1.28% of their portfolio DUBUQUE, IA 46,35946.4k $2.4m $2.4m 1.28% Reduced -4.5k -4,509
89 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 46,20146.2k $2.4m $2.4m 0.01% New
90 Prospera Financial Services Inc 0.08% of their portfolio Dallas, TX 46,05846.1k $2.4m $2.4m 0.08% Added +3.5k +3,540
91 FLAGSTAR SECURITIES, INC 0.75% of their portfolio New York, NY 45,90045.9k $2.4m $2.4m 0.75% Reduced -2.2k -2,196
92 Visionary Wealth Advisors 0.17% of their portfolio O'FALLON, IL 45,02845.0k $2.3m $2.3m 0.17% Reduced -2.6k -2,598
93 Stratos Wealth Partners, LTD. 0.04% of their portfolio BEACHWOOD, OH 44,40344.4k $2.3m $2.3m 0.04% Reduced -13.5k -13,451
94 SteelPeak Wealth, LLC 0.13% of their portfolio WOODLAND HILLS, CA 44,28044.3k $2.3m $2.3m 0.13% Reduced -27.4k -27,366
95 Heck Capital Advisors, LLC 0.36% of their portfolio Rhinelander, WI 42,52842.5k $2.2m $2.2m 0.36% Reduced -4.4k -4,423
96 Cypress Capital Group 0.28% of their portfolio Palm Beach, FL 42,24542.2k $2.2m $2.2m 0.28% Reduced -26.7k -26,747
97 MONEYWISE, INC. 1.25% of their portfolio FOREST, VA 42,17542.2k $2.2m $2.2m 1.25% Reduced -2.6k -2,595
98 Eldridge Investment Advisors, Inc. 0.57% of their portfolio MANCHESTER, NH 41,74941.7k $2.2m $2.2m 0.57% Reduced -15.6k -15,620
99 Tower Wealth Partners, Inc. 1.49% of their portfolio LEWISBURG, PA 40,77040.8k $2.1m $2.1m 1.49% Reduced -3.8k -3,765
100 STOCK YARDS BANK & TRUST CO 0.07% of their portfolio LOUISVILLE, KY 40,55740.6k $2.1m $2.1m 0.07% Added +11.1k +11,110