Vault-13

FIRST TR EXCH TRADED FD III FEMB

EME MRK BD ETF · ETP · CUSIP 33739P202

65 institutional holders +9 vs Q1 2025
4,351,2104.4m shares reported held*
$125.8mreported value*
14 new 29 added 13 reduced 7 sold out net bought ≈ $59.3m (+2.1m 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. Holder counts are more reliable. Implied quarter-end price ≈ $28.90.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 43Q4 22: 46Q1 23: 45Q2 23: 45Q3 23: 48Q4 23: 50Q1 24: 57Q2 24: 65Q3 24: 66Q4 24: 70Q1 25: 56Q2 25: 6565Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202243
Q4 202246
Q1 202345
Q2 202345
Q3 202348
Q4 202350
Q1 202457
Q2 202465
Q3 202466
Q4 202470
Q1 202556
Q2 202565

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 23: 26 bought or addedQ3 23: 18 cut or sold outQ4 23: 24 bought or addedQ4 23: 24 cut or sold outQ4 23Q1 24: 34 bought or addedQ1 24: 18 cut or sold outQ2 24: 39 bought or addedQ2 24: 24 cut or sold outQ2 24Q3 24: 40 bought or addedQ3 24: 28 cut or sold outQ4 24: 28 bought or addedQ4 24: 42 cut or sold outQ4 24Q1 25: 27 bought or addedQ1 25: 39 cut or sold outQ2 25: 43 bought or addedQ2 25: 20 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232618
Q4 20232424
Q1 20243418
Q2 20243924
Q3 20244028
Q4 20242842
Q1 20252739
Q2 20254320

Biggest buyers

MORGAN STANLEY Added +671,899+671.9k
LPL Financial LLC Added +463,441+463.4k
FIRST TRUST ADVISORS LP Added +173,687+173.7k
Almanack Investment Partners, LLC. New +167,068+167.1k
OSAIC HOLDINGS, INC. Added +128,225+128.2k
Euro Pacific Asset Management, LLC Added +109,376+109.4k
ENVESTNET ASSET MANAGEMENT INC Added +77,349+77.3k
Concurrent Investment Advisors, LLC Added +59,842+59.8k
Vestmark Advisory Solutions, Inc. New +52,480+52.5k
&PARTNERS Added +52,298+52.3k

Biggest sellers

JANE STREET GROUP, LLC Sold out -70,558-70.6k
OLD MISSION CAPITAL LLC Sold out -70,085-70.1k
Virtue Capital Management, LLC Sold out -68,018-68.0k
COMERICA BANK Reduced -15,008-15.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -7,774-7.8k
Advisory Services Network, LLC Sold out -7,693-7.7k
Janney Montgomery Scott LLC Reduced -2,785-2.8k
EWG Elevate Inc. Reduced -2,561-2.6k
KKM Financial LLC Reduced -2,337-2.3k
NewEdge Advisors, LLC Reduced -1,044-1.0k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
FIRST TRUST PORTFOLIOS LP 13G · institution +2.5 pts · filed 2026-07-17 23.5% +2.5 pts 2.8m≈ $82.6m 2026-07-17

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,255,5221.3m $36.3m $36.3m 0.00% Added +671.9k +671,899
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 783,696783.7k $22.6m $22.6m 0.01% Added +463.4k +463,441
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 292,703292.7k $8.5m $8.5m 0.00% Added +37.2k +37,238
4 Euro Pacific Asset Management, LLC 0.61% of their portfolio DORADO, PR 222,974223.0k $6.5m $6.5m 0.61% Added +109.4k +109,376
5 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 217,192217.2k $6.3m $6.3m 0.01% Added +173.7k +173,687
6 Almanack Investment Partners, LLC. 0.77% of their portfolio WAYNE, PA 167,068167.1k $4.8m $4.8m 0.77% New
7 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 137,952138.0k $4.0m $4.0m 0.01% Added +128.2k +128,225
8 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 116,650116.7k $3.4m $3.4m 0.03% Added +52.3k +52,298
9 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 109,196109.2k $3.2m $3.2m 0.00% Added +77.3k +77,349
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 78,00878.0k $2.3m $2.3m 0.00% Added +38.5k +38,477
11 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 76,30376.3k $2.2m $2.2m 0.01% Reduced -2.8k -2,785
12 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 75,53875.5k $2.2m $2.2m 0.00% Added +13.5k +13,527
13 Concurrent Investment Advisors, LLC 0.04% of their portfolio Tampa, FL 72,66772.7k $2.1m $2.1m 0.04% Added +59.8k +59,842
14 EWG Elevate Inc. 0.58% of their portfolio ROSEVILLE, CA 64,82664.8k $1.9m $1.9m 0.58% Reduced -2.6k -2,561
15 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 58,30258.3k $1.7m $1.7m 0.00% Added +10.9k +10,889
16 Vestmark Advisory Solutions, Inc. 0.02% of their portfolio Wakefield, MA 52,48052.5k $1.5m $1.5m 0.02% New
17 CWM, LLC 0.00% of their portfolio OMAHA, NE 44,89744.9k $1.3m $1.3m 0.00% Added +44.8k +44,752
18 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 44,41744.4k $1.3m $1.3m 0.00% Added +23.1k +23,140
19 Walkner Condon Financial Advisors LLC 0.23% of their portfolio MADISON, WI 43,43943.4k $1.3m $1.3m 0.23% Added +3.8k +3,762
20 Pine Valley Investments Ltd Liability Co 0.07% of their portfolio MARLTON, NJ 39,72439.7k $1.1m $1.1m 0.07% Reduced -905 -905
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 35,04735.0k $1.0m $1.0m 0.00% Reduced -7.8k -7,774
22 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 34,93134.9k $1.0m $1.0m 0.00% Added +27.4k +27,417
23 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 32,65732.7k $943.1k $943.1k 0.01% New
24 COTTONWOOD CAPITAL ADVISORS, LLC 0.59% of their portfolio SALT LAKE CITY, UT 30,48830.5k $880.5k $880.5k 0.59% Reduced -10 -10
25 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 24,95425.0k $720.5k $720.5k 0.01% Added +12.5k +12,519
26 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 24,41324.4k $705.0k $705.0k 0.00% New
27 Visionary Wealth Advisors 0.03% of their portfolio O'FALLON, IL 23,41323.4k $676.2k $676.2k 0.03% Reduced -2 -2
28 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 22,75922.8k $657.3k $657.3k 0.00% Added +22.2k +22,241
29 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 19,56819.6k $565.1k $565.1k 0.00% Reduced -1.0k -1,044
30 Wagner Wealth Management, LLC 0.09% of their portfolio GREENVILLE, SC 13,58613.6k $392.4k $392.4k 0.09% Added +172 +172
31 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 12,74912.7k $368.2k $368.2k 0.01% Added +788 +788
32 KKM Financial LLC 0.11% of their portfolio CHICAGO, IL 11,24711.2k $324.8k $324.8k 0.11% Reduced -2.3k -2,337
33 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 10,00610.0k $289.0k $289.0k 0.00% Reduced -859 -859
34 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 10,00010.0k $289.0k $289.0k 0.01% Unchanged
35 HBW ADVISORY SERVICES LLC 0.04% of their portfolio SIMI VALLEY, CA 9,8559.9k $284.6k $284.6k 0.04% New
36 Realta Investment Advisors 0.11% of their portfolio WILMINGTON, DE 9,8489.8k $284.4k $284.4k 0.11% New
37 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 9,6549.7k $282.7k $282.7k 0.00% Added +277 +277
38 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 8,6428.6k $249.6k $249.6k 0.00% New
39 Perigon Wealth Management, LLC 0.01% of their portfolio SAN FRANCISCO, CA 8,4318.4k $243.5k $243.5k 0.01% New
40 Milestones Private Investment Advisors LLC 0.18% of their portfolio FAIRPORT, NY 8,2148.2k $237.2k $237.2k 0.18% First filing
41 COMERICA BANK 0.00% of their portfolio DALLAS, TX 6,9156.9k $199.7k $199.7k 0.00% Reduced -15.0k -15,008
42 Elequin Capital, LP 0.02% of their portfolio NEW YORK, NY 6,0966.1k $176.1k $176.1k 0.02% New
43 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 4,9324.9k $142.4k $142.4k 0.00% Added +4.7k +4,655
44 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 4,2344.2k $122.3k $122.3k 0.00% Reduced -355 -355
45 Ameritas Advisory Services, LLC 0.01% of their portfolio Lincoln, NE 4,2024.2k $121.3k $121.3k 0.01% New
46 Arax Advisory Partners 0.01% of their portfolio NEW YORK, NY 3,8363.8k $110.8k $110.8k 0.01% Added +1 +1
47 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 1,5191.5k $43.9k $43.9k 0.00% New
48 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 1,1011.1k $31.8k $31.8k 0.00% Added +97 +97
49 Raleigh Capital Management Inc. 0.01% of their portfolio CARY, NC 1,0541.1k $30.4k $30.4k 0.01% Added +469 +469
50 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 517517 $14.0k $14.0k 0.00% Added +10 +10
51 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 512512 $14.8k $14.8k 0.00% First filing
52 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 404404 $11.7k $11.7k 0.00% Added +262 +262
53 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 347347 $10.0k $10.0k 0.00% Unchanged
54 THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. 0.00% of their portfolio INDIANAPOLIS, IN 338338 $9.8k $9.8k 0.00% Unchanged
55 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 291291 $8.4k $8.4k 0.00% Added +4 +4
56 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 208208 $6.0k $6.0k 0.00% Reduced -646 -646
57 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 200200 $5.8k $5.8k 0.00% New
58 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 186186 $5.4k $5.4k 0.00% New
59 CREATIVE FINANCIAL DESIGNS INC /ADV 0.00% of their portfolio KOKOMO, IN 137137 $4.0k $4.0k 0.00% Reduced -113 -113
60 NFSG Corp 0.00% of their portfolio BOCA RATON, FL 6363 $1.8k $1.8k 0.00% Unchanged
61 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 5959 $1.7k $1.7k 0.00% Unchanged
62 Transce3nd, LLC 0.00% of their portfolio BUDA, TX 2121 $606 $606 0.00% New
63 AdvisorNet Financial, Inc 0.00% of their portfolio MINNETONKA, MN 1212 $347 $347 0.00% Unchanged
64 UBS Group AG 0.00% of their portfolio ZURICH, V8 1010 $289 $289 0.00% Added +9 +9
65 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged