Vault-13

FIRST TR EXCH TRADED FD III FTLS

LNG/SHT EQUITY · ETP · CUSIP 33739P103

255 institutional holders +24 vs Q3 2025
24,730,33424.7m shares reported held*
$1.8bnreported value*
27 new 113 added 89 reduced 11 sold out net bought ≈ $117.1m (+1.6m 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 ($838.2k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $71.01.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 100Q4 22: 119Q1 23: 121Q2 23: 135Q3 23: 143Q4 23: 161Q1 24: 167Q2 24: 187Q3 24: 204Q4 24: 236Q1 25: 236Q2 25: 234Q3 25: 231Q4 25: 255255Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022100
Q4 2022119
Q1 2023121
Q2 2023135
Q3 2023143
Q4 2023161
Q1 2024167
Q2 2024187
Q3 2024204
Q4 2024236
Q1 2025236
Q2 2025234
Q3 2025231
Q4 2025255

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 104 bought or addedQ1 24: 70 cut or sold outQ2 24: 127 bought or addedQ2 24: 55 cut or sold outQ2 24Q3 24: 127 bought or addedQ3 24: 69 cut or sold outQ4 24: 134 bought or addedQ4 24: 83 cut or sold outQ4 24Q1 25: 157 bought or addedQ1 25: 85 cut or sold outQ2 25: 131 bought or addedQ2 25: 107 cut or sold outQ2 25Q3 25: 121 bought or addedQ3 25: 109 cut or sold outQ4 25: 140 bought or addedQ4 25: 100 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202410470
Q2 202412755
Q3 202412769
Q4 202413483
Q1 202515785
Q2 2025131107
Q3 2025121109
Q4 2025140100

Biggest buyers

ASSETMARK, INC Added +446,569+446.6k
VestGen Advisors, LLC New +293,769+293.8k
Merit Financial Group, LLC Added +150,598+150.6k
LPL Financial LLC Added +149,648+149.6k
Mariner, LLC Added +132,225+132.2k
IHT Wealth Management, LLC Added +109,524+109.5k
ROYAL BANK OF CANADA Added +78,470+78.5k
MORGAN STANLEY Added +78,397+78.4k
Kovack Advisors, Inc. New +73,172+73.2k
WEDBUSH SECURITIES INC Added +72,436+72.4k

Biggest sellers

WORLD EQUITY GROUP, INC. Sold out -287,710-287.7k
Compound Planning, Inc. Reduced -126,202-126.2k
Janney Montgomery Scott LLC Reduced -44,017-44.0k
CITADEL ADVISORS LLC Sold out -31,413-31.4k
WealthPlan Investment Management, LLC Reduced -31,263-31.3k
HighTower Advisors, LLC Reduced -29,728-29.7k
Belpointe Asset Management LLC Reduced -27,218-27.2k
Sanctuary Advisors, LLC Reduced -23,373-23.4k
Integrated Wealth Concepts LLC Reduced -20,859-20.9k
OSAIC HOLDINGS, INC. Reduced -17,623-17.6k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 5,252,5105.3m $372.9m $372.9m 0.02% Added +78.4k +78,397
2 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,549,0772.5m $181.0m $181.0m 0.03% Added +78.5k +78,470
3 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 2,397,5282.4m $170.2m $170.2m 0.05% Added +149.6k +149,648
4 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 2,333,2362.3m $165.6m $165.6m 0.04% Added +56.4k +56,351
5 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 588,801588.8k $41.8m $41.8m 0.01% Added +30.6k +30,631
6 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 587,339587.3k $41.7m $41.7m 0.01% Reduced -940 -940
7 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 552,407552.4k $39.2m $39.2m 0.04% Added +24.7k +24,705
8 ASSETMARK, INC 0.07% of their portfolio CONCORD, CA 507,915507.9k $36.1m $36.1m 0.07% Added +446.6k +446,569
9 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 473,347473.3k $33.6m $33.6m 0.04% Added +45.1k +45,071
10 CENTRAL TRUST Co 0.59% of their portfolio JEFFERSON CITY, MO 422,643422.6k $30.0m $30.0m 0.59% Added +24.7k +24,707
11 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 329,397329.4k $23.4m $23.4m 0.02% Added +10.5k +10,542
12 Hobart Private Capital, LLC 4.25% of their portfolio CHARLOTTE, NC 307,110307.1k $21.8m $21.8m 4.25% Added +2.9k +2,851
13 VestGen Advisors, LLC 0.89% of their portfolio CHICAGO, IL 293,769293.8k $20.9m $20.9m 0.89% New
14 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 281,038281.0k $20.0m $20.0m 0.05% Added +23.7k +23,742
15 Merit Financial Group, LLC 0.14% of their portfolio ALPHARETTA, GA 245,051245.1k $17.4m $17.4m 0.14% Added +150.6k +150,598
16 Cornerstone Planning Group LLC 2.44% of their portfolio FAIRFIELD, NJ 217,577217.6k $15.6m $15.6m 2.44% Reduced -5.5k -5,536
17 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 211,694211.7k $15.0m $15.0m 0.02% Reduced -17.6k -17,623
18 EdgeRock Capital LLC 3.87% of their portfolio DENVER, CO 204,885204.9k $14.5m $14.5m 3.87% Added +1.9k +1,875
19 WealthPlan Investment Management, LLC 0.84% of their portfolio OMAHA, NE 185,142185.1k $13.1m $13.1m 0.84% Reduced -31.3k -31,263
20 Ethos Financial Group, LLC 0.96% of their portfolio KING OF PRUSSIA, PA 182,136182.1k $12.9m $12.9m 0.96% Added +10.4k +10,414
21 CWM, LLC 0.03% of their portfolio OMAHA, NE 164,902164.9k $11.7m $11.7m 0.03% Reduced -9.1k -9,068
22 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 157,830157.8k $11.2m $11.2m 0.01% Reduced -29.7k -29,728
23 Mariner, LLC 0.01% of their portfolio Overland Park, KS 155,848155.8k $11.1m $11.1m 0.01% Added +132.2k +132,225
24 Cardinal Point Capital Management ULC 0.63% of their portfolio TORONTO, A6 135,565135.6k $9.6m $9.6m 0.63% Added +8.2k +8,241
25 Centric Wealth Management 2.06% of their portfolio CHICAGO, IL 135,132135.1k $9.7m $9.7m 2.06% Reduced -1.2k -1,186
26 Philip James Wealth Mangement, LLC 1.09% of their portfolio MILTON, GA 132,565132.6k $9.4m $9.4m 1.09% Added +1.1k +1,062
27 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 129,996130.0k $9.2m $9.2m 0.01% Added +33.1k +33,091
28 Coppell Advisory Solutions LLC 0.91% of their portfolio COPPELL, TX 128,742128.7k $9.2m $9.2m 0.91% Added +6.4k +6,351
29 IHT Wealth Management, LLC 0.21% of their portfolio Chicago, IL 124,129124.1k $8.8m $8.8m 0.21% Added +109.5k +109,524
30 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 123,488123.5k $8.8m $8.8m 0.01% Added +9.2k +9,174
31 Advisory Services Network, LLC 0.12% of their portfolio ATLANTA, GA 121,070121.1k $8.6m $8.6m 0.12% Added +68.7k +68,665
32 Private Advisor Group, LLC 0.04% of their portfolio MORRISTOWN, NJ 120,097120.1k $8.5m $8.5m 0.04% Added +274 +274
33 FLAGSHIP HARBOR ADVISORS, LLC 0.39% of their portfolio BOSTON, MA 117,827117.8k $8.4m $8.4m 0.39% Added +2.9k +2,914
34 KINGSWOOD WEALTH ADVISORS, LLC 0.40% of their portfolio SAN DIEGO, CA 116,963117.0k $8.3m $8.3m 0.40% Added +3.8k +3,800
35 Financial Enhancement Group LLC 1.07% of their portfolio ANDERSON, IN 116,542116.5k $8.2m $8.2m 1.07% Reduced -551 -551
36 COMERICA BANK 0.03% of their portfolio DALLAS, TX 96,34596.3k $6.8m $6.8m 0.03% Reduced -6.9k -6,941
37 WealthPLAN Partners, LLC 1.02% of their portfolio OMAHA, NE 95,87995.9k $6.8m $6.8m 1.02% Reduced -7.0k -7,020
38 FOCUS Wealth Advisors, LLC 3.09% of their portfolio HOUSTON, TX 93,56093.6k $6.6m $6.6m 3.09% Added +465 +465
39 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 89,50989.5k $6.4m $6.4m 0.02% Added +2.8k +2,774
40 Kingsview Wealth Management, LLC 0.09% of their portfolio GRANTS PASS, OR 88,52288.5k $6.3m $6.3m 0.09% Added +11.6k +11,629
41 IMG Wealth Management, Inc. 3.98% of their portfolio JACKSONVILLE, FL 88,30788.3k $6.3m $6.3m 3.98% Added +8.7k +8,734
42 Proactive Wealth Strategies LLC 2.48% of their portfolio MARIETTA, GA 88,28088.3k $6.3m $6.3m 2.48% Reduced -532 -532
43 Live Oak Investment Partners 3.81% of their portfolio AUSTIN, TX 87,37587.4k $6.2m $6.2m 3.81% Added +2.2k +2,206
44 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 84,26184.3k $6.0m $6.0m 0.04% Reduced -2.0k -2,020
45 Equitable Holdings, Inc. 0.04% of their portfolio NEW YORK, NY 83,36083.4k $5.9m $5.9m 0.04% Added +6.2k +6,227
46 WEDBUSH SECURITIES INC 0.17% of their portfolio PASADENA, CA 82,71482.7k $5.9m $5.9m 0.17% Added +72.4k +72,436
47 Brio Consultants, LLC 0.76% of their portfolio SAN FRANCISCO, CA 82,57682.6k $5.9m $5.9m 0.76% Added +171 +171
48 BENJAMIN EDWARDS INC 0.06% of their portfolio Clayton, MO 77,91377.9k $5.5m $5.5m 0.06% Added +12.8k +12,782
49 LCNB CORP 1.78% of their portfolio LEBANON, OH 75,01275.0k $5.3m $5.3m 1.78% Added +16.8k +16,753
50 Koshinski Asset Management, Inc. 0.33% of their portfolio DECATUR, IL 73,25773.3k $5.2m $5.2m 0.33% Reduced -10.1k -10,098
51 Kovack Advisors, Inc. 0.25% of their portfolio FT. LAUDERDALE, FL 73,17273.2k $5.2m $5.2m 0.25% New
52 Stratos Wealth Partners, LTD. 0.05% of their portfolio BEACHWOOD, OH 68,46568.5k $4.9m $4.9m 0.05% Added +3.3k +3,271
53 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 67,93567.9k $4.8m $4.8m 0.01% Reduced -5.3k -5,290
54 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 66,50766.5k $4.7m $4.7m 0.01% Reduced -1.4k -1,418
55 Richmond Investment Services, LLC 0.81% of their portfolio Mequon, WI 65,79665.8k $4.7m $4.7m 0.81% Added +25.6k +25,570
56 Golden State Wealth Management, LLC 0.48% of their portfolio SANTA ANA, CA 63,83963.8k $4.5m $4.5m 0.48% Reduced -11.8k -11,833
57 Advisor OS, LLC 0.36% of their portfolio CHICAGO, IL 62,43762.4k $4.4m $4.4m 0.36% Added +36.3k +36,311
58 Guilbault Capital LLC 4.93% of their portfolio METAIRIE, LA 62,09562.1k $4.4m $4.4m 4.93% First filing
59 Steward Partners Investment Advisory, LLC 0.02% of their portfolio STAMFORD, CT 61,78561.8k $4.4m $4.4m 0.02% Added +12.8k +12,834
60 VIAWEALTH, LLC 2.46% of their portfolio Leawood, KS 61,73461.7k $4.4m $4.4m 2.46% Reduced -4.7k -4,675
61 Prostatis Group LLC 1.02% of their portfolio HANOVER, MD 59,93859.9k $4.3m $4.3m 1.02% Added +344 +344
62 Ausdal Financial Partners, Inc. 0.20% of their portfolio Davenport, IA 59,63259.6k $4.2m $4.2m 0.20% Added +5.3k +5,334
63 LFA - Lugano Financial Advisors SA 2.17% of their portfolio LUGANO, V8 59,30159.3k $4.2m $4.2m 2.17% Reduced -2.4k -2,410
64 CreativeOne Wealth, LLC 0.10% of their portfolio OVERLAND PARK, KS 58,30158.3k $4.1m $4.1m 0.10% Reduced -576 -576
65 HARBOUR INVESTMENTS, INC. 0.08% of their portfolio MADISON, WI 53,17353.2k $3.8m $3.8m 0.08% Reduced -71 -71
66 Stegent Equity Advisors, Inc. 2.84% of their portfolio HOUSTON, TX 51,30651.3k $3.6m $3.6m 2.84% Reduced -1.4k -1,409
67 Global Retirement Partners, LLC 0.06% of their portfolio San Rafael, CA 50,10550.1k $3.6m $3.6m 0.06% Added +14.5k +14,532
68 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 48,43748.4k $3.4m $3.4m 0.01% Reduced -7.3k -7,272
69 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 47,47647.5k $3.4m $3.4m 0.01% Added +6.6k +6,620
70 SEEDS INVESTOR LLC 0.63% of their portfolio NEW YORK, NY 46,24946.2k $3.3m $3.3m 0.63% New
71 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 45,18745.2k $3.2m $3.2m 0.01% Added +2.1k +2,108
72 Asset Allocation Strategies LLC 0.57% of their portfolio FARMINGTON, MI 43,29843.3k $3.1m $3.1m 0.57% Added +1.5k +1,496
73 Center For Asset Management LLC 1.55% of their portfolio PALM BEACH GARDENS, FL 41,76141.8k $3.0m $3.0m 1.55% New
74 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 41,05941.1k $2.9m $2.9m 0.01% Reduced -44.0k -44,017
75 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 39,76339.8k $2.8m $2.8m 0.03% Reduced -20.9k -20,859
76 Sigma Planning Corp 0.07% of their portfolio ANN ARBOR, MI 38,17038.2k $2.7m $2.7m 0.07% Reduced -3.3k -3,330
77 OPPENHEIMER & CO INC 0.04% of their portfolio NEW YORK, NY 37,98538.0k $2.7m $2.7m 0.04% Reduced -374 -374
78 Darwin Wealth Management, LLC 0.79% of their portfolio TAMPA, FL 36,00036.0k $2.6m $2.6m 0.79% Reduced -1.3k -1,301
79 Dynamic Advisor Solutions LLC 0.08% of their portfolio PHOENIX, AZ 35,89035.9k $2.5m $2.5m 0.08% Added +2.9k +2,857
80 MSH Capital Advisors LLC 0.54% of their portfolio SCOTTSDALE, AZ 35,57935.6k $2.5m $2.5m 0.54% Reduced -1.4k -1,392
81 Mutual Advisors, LLC 0.05% of their portfolio OMAHA, NE 35,54735.5k $2.5m $2.5m 0.05% Added +947 +947
82 AXXCESS WEALTH MANAGEMENT, LLC 0.04% of their portfolio CARLSBAD, CA 35,24235.2k $2.5m $2.5m 0.04% New
83 Summit Financial, LLC 0.04% of their portfolio PARSIPPANY, NJ 34,68534.7k $2.5m $2.5m 0.04% Reduced -291 -291
84 Keating Financial Advisory Services, Inc. 0.32% of their portfolio MANHATTAN, KS 33,64133.6k $2.4m $2.4m 0.32% First filing
85 Fairway Wealth LLC 0.63% of their portfolio INDEPENDENCE, OH 32,71532.7k $2.3m $2.3m 0.63% Added +3.6k +3,645
86 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 32,63632.6k $2.3m $2.3m 0.00% Added +1.7k +1,683
87 Frederick Financial Consultants, LLC 1.27% of their portfolio FREDERICK, MD 32,60432.6k $2.3m $2.3m 1.27% Added +2.4k +2,375
88 Simplicity Wealth,LLC 0.13% of their portfolio SUMMIT, NJ 31,78531.8k $2.3m $2.3m 0.13% Added +5.6k +5,582
89 OLD NATIONAL BANCORP /IN/ 0.04% of their portfolio EVANSVILLE, IN 30,39630.4k $2.2m $2.2m 0.04% Reduced -7.0k -7,013
90 Sowell Financial Services LLC 0.08% of their portfolio NORTH LITTLE ROCK, AR 30,13130.1k $2.1m $2.1m 0.08% Added +272 +272
91 RFG Advisory, LLC 0.04% of their portfolio BIRMINGHAM, AL 29,85929.9k $2.1m $2.1m 0.04% Added +3.7k +3,737
92 SMART Wealth LLC 0.64% of their portfolio Omaha, NE 29,47029.5k $2.1m $2.1m 0.64% Added +5.4k +5,407
93 IFP Advisors, Inc 0.05% of their portfolio TAMPA, FL 29,10429.1k $2.1m $2.1m 0.05% Added +3.4k +3,364
94 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 28,15428.2k $2.0m $2.0m 0.01% Reduced -23.4k -23,373
95 Ashton Thomas Private Wealth, LLC 0.05% of their portfolio SCOTTSDALE, AZ 27,85527.9k $2.0m $2.0m 0.05% Added +7.8k +7,782
96 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.04% of their portfolio LOS ANGELES, CA 26,82526.8k $1.9m $1.9m 0.04% Reduced -20 -20
97 KMG FIDUCIARY PARTNERS, LLC 0.13% of their portfolio TOLEDO, OH 25,98626.0k $1.8m $1.8m 0.13% Added +1 +1
98 UBS Group AG 0.00% of their portfolio ZURICH, V8 25,90725.9k $1.8m $1.8m 0.00% Added +9.6k +9,595
99 Legacy Capital Wealth Partners, LLC 0.38% of their portfolio LITTLE ROCK, AR 25,12025.1k $1.8m $1.8m 0.38% Added +8.9k +8,864
100 LaSalle St. Investment Advisors, LLC 0.28% of their portfolio ELMHURST, IL 24,11424.1k $1.7m $1.7m 0.28% Added +634 +634