Vault-13

FIRST TR EXCH TRADED FD III FMB

MANAGD MUN ETF · ETP · CUSIP 33739N108

297 institutional holders -2 vs Q4 2023
35,361,52935.4m shares reported held*
$1.8bnreported value*
21 new 125 added 110 reduced 24 sold out net bought ≈ $203.7m (+4.0m 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 ($321.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $51.39.

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 287Q4 22: 276Q1 23: 273Q2 23: 277Q3 23: 275Q4 23: 299Q1 24: 297297Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022287
Q4 2022276
Q1 2023273
Q2 2023277
Q3 2023275
Q4 2023299
Q1 2024297

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 23Q1 24: 146 bought or addedQ1 24: 134 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022117157
Q1 2023149114
Q2 2023130131
Q3 2023119143
Q4 2023121155
Q1 2024146134

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ2 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 —Q1 24 calls: $0Q1 24 puts: $0Q1 24P/C —
Numbers
QuarterCallsPutsP/C
Q2 2023$0$348.1k—
Q3 2023$0$0—
Q4 2023$0$0—
Q1 2024$0$0—

Biggest buyers

MORGAN STANLEY Added +3,005,092+3.0m
JANE STREET GROUP, LLC New +297,292+297.3k
LPL Financial LLC Added +266,164+266.2k
WELLS FARGO & COMPANY/MN Added +190,777+190.8k
Cetera Investment Advisers Added +179,710+179.7k
AVANTAX ADVISORY SERVICES, INC. Added +161,642+161.6k
ARQ WEALTH ADVISORS, LLC New +125,155+125.2k
Raymond James Financial Services Advisors, Inc. Added +106,443+106.4k
GOLDMAN SACHS GROUP INC New +95,905+95.9k
BANK OF AMERICA CORP /DE/ Added +95,388+95.4k

Biggest sellers

UBS Group AG Reduced -150,473-150.5k
Syntegra Private Wealth Group, LLC Reduced -141,694-141.7k
Cetera Advisor Networks LLC Sold out -141,662-141.7k
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC Sold out -140,096-140.1k
RENAISSANCE TECHNOLOGIES LLC Reduced -110,603-110.6k
OSAIC HOLDINGS, INC. Reduced -96,417-96.4k
Financial Planning & Information Services, Inc. Reduced -74,376-74.4k
Avantax Planning Partners, Inc. Reduced -67,317-67.3k
Atlas Private Wealth Advisors Reduced -49,043-49.0k
CWA Asset Management Group, LLC Reduced -46,146-46.1k

Holders, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 8,060,7788.1m $414.0m $414.0m 0.01% Added +3.0m +3,005,092
2 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 2,453,1362.5m $126.0m $126.0m 0.07% Added +266.2k +266,164
3 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,233,2422.2m $114.7m $114.7m 0.03% Added +190.8k +190,777
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,711,9401.7m $87.9m $87.9m 0.01% Added +95.4k +95,388
5 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,615,5721.6m $83.0m $83.0m 0.03% Reduced -150.5k -150,473
6 Sequoia Financial Advisors, LLC 0.63% of their portfolio Akron, OH 987,518987.5k $50.7m $50.7m 0.63% Added +84.1k +84,095
7 Avantax Planning Partners, Inc. 1.60% of their portfolio DUBUQUE, IA 961,628961.6k $49.4m $49.4m 1.60% Reduced -67.3k -67,317
8 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 808,996809.0k $41.6m $41.6m 0.00% Added +53.9k +53,930
9 Raymond James Financial Services Advisors, Inc. 0.06% of their portfolio ST. PETERSBURG, FL 751,689751.7k $38.6m $38.6m 0.06% Added +106.4k +106,443
10 CW Advisors, LLC 0.61% of their portfolio BOSTON, MA 693,046693.0k $35.6m $35.6m 0.61% Added +17.9k +17,916
11 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 575,672575.7k $29.6m $29.6m 0.01% Reduced -8.7k -8,718
12 AVANTAX ADVISORY SERVICES, INC. 0.24% of their portfolio DALLAS, TX 524,971525.0k $27.0m $27.0m 0.24% Added +161.6k +161,642
13 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 436,875436.9k $22.4m $22.4m 0.05% Reduced -96.4k -96,417
14 Composition Wealth, LLC 0.54% of their portfolio LOS ANGELES, CA 417,191417.2k $21.4m $21.4m 0.54% Reduced -27.0k -27,046
15 OneDigital Investment Advisors LLC 0.31% of their portfolio OVERLAND PARK, KS 382,541382.5k $19.6m $19.6m 0.31% Added +35.5k +35,454
16 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 355,590355.6k $18.3m $18.3m 0.01% Reduced -22.9k -22,900
17 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 353,174353.2k $18.1m $18.1m 0.01% Added +36.2k +36,234
18 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 335,527335.5k $17.2m $17.2m 0.03% Added +45.6k +45,586
19 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 297,292297.3k $15.3m $15.3m 0.02% New
20 CWA Asset Management Group, LLC 0.91% of their portfolio NAPLES, FL 291,119291.1k $15.0m $15.0m 0.91% Reduced -46.1k -46,146
21 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 284,365284.4k $14.6m $14.6m 0.02% Added +6.9k +6,915
22 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 282,276282.3k $14.5m $14.5m 0.02% Added +32.0k +31,969
23 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 252,562252.6k $13.0m $13.0m 0.03% Added +179.7k +179,710
24 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 250,956251.0k $12.9m $12.9m 0.09% Reduced -5.1k -5,094
25 ERn Financial, LLC 2.22% of their portfolio MIDDLETON, WI 249,260249.3k $12.8m $12.8m 2.22% Added +728 +728
26 RMR Wealth Builders 1.49% of their portfolio Montclair, NJ 239,188239.2k $12.3m $12.3m 1.49% Added +45.1k +45,102
27 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 236,465236.5k $12.1m $12.1m 0.04% Added +9.9k +9,895
28 Kowal Investment Group, LLC 2.46% of their portfolio BROOKFIELD, WI 221,192221.2k $11.4m $11.4m 2.46% Added +1.9k +1,899
29 VERUS CAPITAL PARTNERS, LLC 1.24% of their portfolio SCOTTSDALE, AZ 218,781218.8k $11.2m $11.2m 1.24% Added +16.2k +16,197
30 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 211,103211.1k $10.8m $10.8m 0.00% Reduced -7.0k -7,036
31 Frisch Financial Group, Inc. 3.51% of their portfolio MELVILLE, NY 205,802205.8k $10.6m $10.6m 3.51% Reduced -2.5k -2,547
32 MOTCO 0.63% of their portfolio SAN ANTONIO, TX 203,805203.8k $10.5m $10.5m 0.63% Reduced -2.3k -2,334
33 RFG Advisory, LLC 0.34% of their portfolio BIRMINGHAM, AL 192,325192.3k $9.9m $9.9m 0.34% Reduced -2.4k -2,363
34 Financial Planning & Information Services, Inc. 1.41% of their portfolio DE PERE, WI 182,949182.9k $9.4m $9.4m 1.41% Reduced -74.4k -74,376
35 NewEdge Advisors, LLC 0.08% of their portfolio NEW ORLEANS, LA 169,895169.9k $8.7m $8.7m 0.08% Added +19.3k +19,260
36 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 167,403167.4k $8.6m $8.6m 0.06% Added +6.6k +6,628
37 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 164,064164.1k $8.4m $8.4m 0.02% Reduced -295 -295
38 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 158,343158.3k $8.1m $8.1m 0.01% Added +18.2k +18,221
39 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 153,063153.1k $7.9m $7.9m 0.01% Reduced -10.4k -10,449
40 Vantage Financial Partners Ltd., Inc. 1.96% of their portfolio ARLINGTON HEIGHTS, IL 146,378146.4k $7.5m $7.5m 1.96% Added +4.2k +4,155
41 GM Advisory Group, LLC 0.49% of their portfolio MELVILLE, NY 136,445136.4k $7.0m $7.0m 0.49% Added +3.1k +3,125
42 ARQ WEALTH ADVISORS, LLC 2.79% of their portfolio SCOTTSDALE, AZ 125,155125.2k $6.4m $6.4m 2.79% New
43 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 123,705123.7k $6.4m $6.4m 0.02% Added +9.5k +9,463
44 Financial Advocates Investment Management 0.36% of their portfolio OLYMPIA, WA 121,070121.1k $6.2m $6.2m 0.36% Added +15.2k +15,240
45 ARKANSAS FINANCIAL GROUP, INC. 1.09% of their portfolio LITTLE ROCK, AR 120,966121.0k $6.2m $6.2m 1.09% Added +3.6k +3,580
46 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 111,492111.5k $5.7m $5.7m 0.01% Added +79.7k +79,703
47 First Horizon Advisors, Inc. 0.17% of their portfolio MEMPHIS, TN 108,103108.1k $5.6m $5.6m 0.17% Reduced -1.9k -1,869
48 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 107,300107.3k $5.5m $5.5m 0.01% Reduced -110.6k -110,603
49 COUNTRY TRUST BANK 0.14% of their portfolio Bloomington, IL 106,320106.3k $5.5m $5.5m 0.14% Added +15.9k +15,916
50 Magnus Financial Group LLC 0.62% of their portfolio NEW YORK, NY 101,997102.0k $5.2m $5.2m 0.62% Reduced -10.6k -10,644
51 Atria Investments, Inc 0.07% of their portfolio Charlotte, NC 100,508100.5k $5.2m $5.2m 0.07% Added +5.4k +5,418
52 BCGM Wealth Management, LLC 1.82% of their portfolio LAFAYETTE, IN 98,60098.6k $5.1m $5.1m 1.82% Reduced -373 -373
53 FSB PREMIER WEALTH MANAGEMENT, INC. 2.30% of their portfolio WATERLOO, IA 96,39496.4k $5.0m $5.0m 2.30% Added +2.6k +2,637
54 LAKE STREET PRIVATE WEALTH, LLC 0.68% of their portfolio CHICAGO, IL 96,30096.3k $4.9m $4.9m 0.68% Added +9.1k +9,110
55 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 95,90595.9k $4.9m $4.9m 0.00% New
56 MGO ONE SEVEN LLC 0.26% of their portfolio Beachwood, OH 95,76395.8k $4.9m $4.9m 0.26% Added +3.7k +3,730
57 First Heartland Consultants, Inc. 0.51% of their portfolio LAKE ST. LOUIS, MO 95,38595.4k $4.9m $4.9m 0.51% Added +6.9k +6,891
58 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 94,73794.7k $4.9m $4.9m 0.02% Reduced -3.2k -3,219
59 Etesian Wealth Advisors, Inc. 2.64% of their portfolio West Linn, OR 89,66189.7k $4.6m $4.6m 2.64% Added +604 +604
60 Legacy Private Trust Co. 0.34% of their portfolio NEENAH, WI 89,27589.3k $4.6m $4.6m 0.34% Unchanged
61 Prestige Wealth Management Group LLC 0.88% of their portfolio FLEMINGTON, NJ 79,66279.7k $4.1m $4.1m 0.88% Added +11.1k +11,128
62 Advance Capital Management, Inc. 0.28% of their portfolio SOUTHFIELD, MI 78,29278.3k $4.0m $4.0m 0.28% Reduced -875 -875
63 JOURNEY STRATEGIC WEALTH LLC 0.18% of their portfolio SUMMIT, NJ 77,49977.5k $4.0m $4.0m 0.18% Added +10.6k +10,572
64 Wiser Advisor Group LLC 5.89% of their portfolio PHOENIX, AZ 73,16373.2k $3.8m $3.8m 5.89% Reduced -7.9k -7,924
65 Bernardo Wealth Planning LLC 0.99% of their portfolio HARLEYSVILLE, PA 69,50269.5k $3.6m $3.6m 0.99% Reduced -11.8k -11,837
66 Thrivent Financial for Lutherans 0.01% of their portfolio Minneapolis, MN 64,52664.5k $3.3m $3.3m 0.01% Added +18.3k +18,325
67 Westside Investment Management, Inc. 0.79% of their portfolio SANTA MONICA, CA 64,26664.3k $3.3m $3.3m 0.79% Reduced -1.1k -1,050
68 Main Line Retirement Advisors, LLC 2.53% of their portfolio WHITEFISH, MT 62,62762.6k $3.2m $3.2m 2.53% Added +3.9k +3,892
69 Landmark Wealth Management, LLC 1.45% of their portfolio MELVILLE, NY 60,93160.9k $3.1m $3.1m 1.45% Added +3.2k +3,221
70 INSPIRION WEALTH ADVISORS, LLC 0.51% of their portfolio LIBERTYVILLE, IL 59,74659.7k $3.1m $3.1m 0.51% Reduced -646 -646
71 Visionary Wealth Advisors 0.20% of their portfolio O'FALLON, IL 57,45257.5k $3.0m $3.0m 0.20% Added +12.4k +12,424
72 Pine Valley Investments Ltd Liability Co 0.23% of their portfolio MARLTON, NJ 56,62156.6k $2.9m $2.9m 0.23% Added +4.6k +4,553
73 CWM, LLC 0.01% of their portfolio OMAHA, NE 56,46156.5k $2.9m $2.9m 0.01% Added +31.7k +31,733
74 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 54,54454.5k $2.8m $2.8m 0.03% Added +6.4k +6,413
75 Ausdal Financial Partners, Inc. 0.32% of their portfolio Davenport, IA 53,77153.8k $2.8m $2.8m 0.32% Added +3.7k +3,687
76 Rehmann Capital Advisory Group 0.20% of their portfolio LANSING, MI 53,22253.2k $2.7m $2.7m 0.20% Added +3.9k +3,933
77 Blackhawk Capital Partners, LLC 1.70% of their portfolio THIENSVILLE, WI 53,19153.2k $2.7m $2.7m 1.70% Reduced -1.6k -1,580
78 COMERICA BANK 0.01% of their portfolio DALLAS, TX 52,99353.0k $2.7m $2.7m 0.01% Added +5.1k +5,097
79 ABLE Financial Group, LLC 1.05% of their portfolio SCOTTSDALE, AZ 51,95252.0k $2.7m $2.7m 1.05% Reduced -1.4k -1,404
80 HFG Wealth Management, LLC 1.54% of their portfolio The Woodlands, TX 50,93450.9k $2.6m $2.6m 1.54% Added +1.3k +1,303
81 Steward Partners Investment Advisory, LLC 0.03% of their portfolio STAMFORD, CT 50,86550.9k $2.6m $2.6m 0.03% Reduced -2.0k -2,017
82 Larson Financial Group LLC 0.20% of their portfolio ST LOUIS, MO 50,23950.2k $2.6m $2.6m 0.20% Added +25.8k +25,768
83 Syntegra Private Wealth Group, LLC 0.33% of their portfolio Chesterfield, MO 50,22250.2k $2.6m $2.6m 0.33% Reduced -141.7k -141,694
84 EdgeRock Capital LLC 2.03% of their portfolio DENVER, CO 49,68649.7k $2.6m $2.6m 2.03% Reduced -2.0k -1,955
85 Western Wealth Management, LLC 0.20% of their portfolio GOLDEN, CO 49,41849.4k $2.5m $2.5m 0.20% Reduced -2.8k -2,781
86 Atlas Private Wealth Advisors 0.84% of their portfolio RED BANK, NJ 48,80048.8k $2.5m $2.5m 0.84% Reduced -49.0k -49,043
87 Weitzel Financial Services, Inc. 1.26% of their portfolio DUBUQUE, IA 48,74248.7k $2.5m $2.5m 1.26% Added +2.4k +2,383
88 OPINICUS CAPITAL, INC. 2.19% of their portfolio TAMPA, FL 48,12648.1k $2.5m $2.5m 2.19% Reduced -128 -128
89 WealthCare Investment Partners, LLC 1.19% of their portfolio PORTSMOUTH, RI 47,92147.9k $2.5m $2.5m 1.19% Reduced -183 -183
90 PCG Wealth Advisors, LLC 1.16% of their portfolio OVERLAND PARK, KS 47,52947.5k $2.4m $2.4m 1.16% Added +427 +427
91 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 46,70846.7k $2.4m $2.4m 0.03% Reduced -8.9k -8,876
92 Prospera Financial Services Inc 0.07% of their portfolio Dallas, TX 45,43245.4k $2.3m $2.3m 0.07% Reduced -626 -626
93 XML Financial, LLC 0.24% of their portfolio BETHESDA, MD 45,33545.3k $2.3m $2.3m 0.24% Reduced -1.2k -1,238
94 WEALTH MANAGEMENT RESOURCES, INC. 0.98% of their portfolio SMITHFIELD, RI 44,09944.1k $2.3m $2.3m 0.98% Reduced -37.0k -37,022
95 INVENIO WEALTH PARTNERS LLC 1.19% of their portfolio CORAL GABLES, FL 42,86542.9k $2.2m $2.2m 1.19% Added +30.5k +30,467
96 Crumly & Associates Inc. 0.57% of their portfolio SPRINGFIELD, IL 42,28042.3k $2.2m $2.2m 0.57% Added +18.8k +18,801
97 Family Capital Management, Inc. 1.48% of their portfolio GRAND RAPIDS, MI 41,32741.3k $2.1m $2.1m 1.48% Reduced -5.8k -5,752
98 FOSTER & MOTLEY INC 0.15% of their portfolio CINCINNATI, OH 41,32041.3k $2.1m $2.1m 0.15% Added +2.0k +1,998
99 Heck Capital Advisors, LLC 0.32% of their portfolio Rhinelander, WI 41,15141.2k $2.1m $2.1m 0.32% Reduced -1.4k -1,377
100 Stratos Wealth Partners, LTD. 0.03% of their portfolio BEACHWOOD, OH 40,28440.3k $2.1m $2.1m 0.03% Reduced -4.1k -4,119