Vault-13

FIRST TR EXCH TRADED FD III FEMB

EME MRK BD ETF · ETP · CUSIP 33739P202

91 institutional holders +14 vs Q3 2025
6,321,2896.3m shares reported held*
$188.4mreported value*
17 new 40 added 22 reduced 6 sold out net bought ≈ $27.3m (+916.6k 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 ≈ $29.81.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 43Q4 22: 46Q1 23: 45Q2 23: 45Q3 23: 48Q4 23: 50Q1 24: 57Q2 24: 65Q3 24: 66Q4 24: 70Q1 25: 56Q2 25: 65Q3 25: 77Q4 25: 9191Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 202577
Q4 202591

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 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 25Q3 25: 55 bought or addedQ3 25: 23 cut or sold outQ4 25: 57 bought or addedQ4 25: 28 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20243418
Q2 20243924
Q3 20244028
Q4 20242842
Q1 20252739
Q2 20254320
Q3 20255523
Q4 20255728

Biggest buyers

Seascape Capital Management New +228,685+228.7k
LPL Financial LLC Added +207,987+208.0k
Csenge Advisory Group Added +178,850+178.8k
MORGAN STANLEY Added +147,707+147.7k
ROYAL BANK OF CANADA Added +105,308+105.3k
IAMS WEALTH MANAGEMENT, LLC New +69,968+70.0k
Endowment Wealth Management, Inc. New +64,906+64.9k
SIGNATURE ESTATE & INVESTMENT ADVISORS LLC New +47,129+47.1k
Sanctuary Advisors, LLC New +35,700+35.7k
FIRST TRUST ADVISORS LP Added +31,708+31.7k

Biggest sellers

Redhawk Wealth Advisors, Inc. Reduced -162,217-162.2k
Synergy Asset Management, LLC Sold out -131,971-132.0k
Rareview Capital LLC Reduced -53,769-53.8k
JANE STREET GROUP, LLC Sold out -36,608-36.6k
OSAIC HOLDINGS, INC. Reduced -15,688-15.7k
Brookwood Investment Group LLC Sold out -7,907-7.9k
GTS SECURITIES LLC Sold out -7,670-7.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -7,236-7.2k
WELLS FARGO & COMPANY/MN Reduced -6,901-6.9k
Ameritas Advisory Services, LLC Sold out -4,319-4.3k

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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,506,9671.5m $44.9m $44.9m 0.00% Added +147.7k +147,707
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,181,9231.2m $35.2m $35.2m 0.01% Added +208.0k +207,987
3 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 334,244334.2k $10.0m $10.0m 0.00% Reduced -6.9k -6,901
4 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 256,175256.2k $7.6m $7.6m 0.01% Added +31.7k +31,708
5 Csenge Advisory Group 0.32% of their portfolio CLEARWATER, FL 237,751237.8k $7.1m $7.1m 0.32% Added +178.8k +178,850
6 Seascape Capital Management 1.94% of their portfolio PORTSMOUTH, NH 228,685228.7k $6.8m $6.8m 1.94% New
7 Almanack Investment Partners, LLC. 0.94% of their portfolio WAYNE, PA 186,416186.4k $5.6m $5.6m 0.94% Added +12.1k +12,086
8 Redhawk Wealth Advisors, Inc. 0.62% of their portfolio MINNEAPOLIS, MN 184,485184.5k $5.5m $5.5m 0.62% Reduced -162.2k -162,217
9 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 178,868178.9k $5.3m $5.3m 0.00% Added +105.3k +105,308
10 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 163,590163.6k $4.9m $4.9m 0.01% Reduced -15.7k -15,688
11 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 140,040140.0k $4.2m $4.2m 0.02% Added +7.3k +7,271
12 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 136,310136.3k $4.1m $4.1m 0.00% Added +11.5k +11,461
13 Euro Pacific Asset Management, LLC 0.39% of their portfolio DORADO, PR 117,216117.2k $3.5m $3.5m 0.39% Added +10.2k +10,175
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 101,508101.5k $3.0m $3.0m 0.00% Added +14.1k +14,065
15 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 91,22591.2k $2.7m $2.7m 0.00% Added +19.9k +19,890
16 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 87,92587.9k $2.6m $2.6m 0.01% Reduced -1.2k -1,196
17 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 73,66573.7k $2.2m $2.2m 0.01% Added +14.5k +14,514
18 FIG FINANCIAL ADVISORY SERVICES INC /ADV 1.37% of their portfolio OKLAHOMA CITY, OK 72,75172.8k $2.2m $2.2m 1.37% Added +1.1k +1,104
19 IAMS WEALTH MANAGEMENT, LLC 0.75% of their portfolio OMAHA, NE 69,96870.0k $2.1m $2.1m 0.75% New
20 Endowment Wealth Management, Inc. 0.89% of their portfolio APPLETON, WI 64,90664.9k $1.9m $1.9m 0.89% New
21 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.03% of their portfolio LOS ANGELES, CA 47,12947.1k $1.4m $1.4m 0.03% New
22 Walkner Condon Financial Advisors LLC 0.19% of their portfolio MADISON, WI 46,18746.2k $1.4m $1.4m 0.19% Added +1.4k +1,439
23 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 43,57543.6k $1.3m $1.3m 0.00% Reduced -2.1k -2,134
24 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 38,05738.1k $1.1m $1.1m 0.02% Added +14.7k +14,652
25 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 36,72536.7k $1.1m $1.1m 0.01% Added +1.1k +1,080
26 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 35,70035.7k $1.1m $1.1m 0.01% New
27 CWM, LLC 0.00% of their portfolio OMAHA, NE 35,19435.2k $1.0m $1.0m 0.00% Reduced -3.6k -3,559
28 Pine Valley Investments Ltd Liability Co 0.05% of their portfolio MARLTON, NJ 33,97334.0k $1.0m $1.0m 0.05% Reduced -3.3k -3,315
29 Prospera Financial Services Inc 0.02% of their portfolio Dallas, TX 30,74730.7k $916.1k $916.1k 0.02% Added +2.5k +2,465
30 Vestmark Advisory Solutions, Inc. 0.01% of their portfolio Wakefield, MA 30,15430.2k $898.6k $898.6k 0.01% Added +1.7k +1,720
31 COTTONWOOD CAPITAL ADVISORS, LLC 0.61% of their portfolio SALT LAKE CITY, UT 28,77828.8k $857.6k $857.6k 0.61% Reduced -1.7k -1,742
32 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 27,19927.2k $810.5k $810.5k 0.01% New
33 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 26,36726.4k $785.7k $785.7k 0.00% Added +7.2k +7,229
34 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 26,24526.2k $782.1k $782.1k 0.00% Reduced -90 -90
35 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 25,48825.5k $759.5k $759.5k 0.00% Added +1.3k +1,313
36 Rareview Capital LLC 0.42% of their portfolio LAS VEGAS, NV 22,58022.6k $652.1k $652.1k 0.42% Reduced -53.8k -53,769
37 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 21,26921.3k $633.8k $633.8k 0.00% Reduced -7.2k -7,236
38 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 20,48020.5k $610.3k $610.3k 0.01% Added +5.3k +5,285
39 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 19,36219.4k $577.0k $577.0k 0.00% Added +7.8k +7,839
40 HBW ADVISORY SERVICES LLC 0.06% of their portfolio SIMI VALLEY, CA 18,80418.8k $560.4k $560.4k 0.06% Added +3.5k +3,537
41 EVOKE WEALTH, LLC 0.01% of their portfolio Los Angeles, CA 15,20015.2k $453.0k $453.0k 0.01% New
42 Kovack Advisors, Inc. 0.02% of their portfolio FT. LAUDERDALE, FL 13,94913.9k $415.7k $415.7k 0.02% New
43 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 13,57313.6k $404.5k $404.5k 0.01% Reduced -327 -327
44 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 13,03013.0k $388.3k $388.3k 0.00% Added +2.8k +2,763
45 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 12,91112.9k $384.7k $384.7k 0.01% Added +133 +133
46 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 12,89412.9k $384.4k $384.4k 0.00% Added +3.6k +3,590
47 Balefire, LLC 0.07% of their portfolio DALLAS, TX 12,56712.6k $374.5k $374.5k 0.07% Added +3.6k +3,624
48 Beacon Pointe Advisors, LLC 0.00% of their portfolio NEWPORT BEACH, CA 12,47912.5k $371.9k $371.9k 0.00% Reduced -582 -582
49 KKM Financial LLC 0.06% of their portfolio CHICAGO, IL 11,65611.7k $347.3k $347.3k 0.06% Reduced -31 -31
50 COMERICA BANK 0.00% of their portfolio DALLAS, TX 11,60811.6k $345.9k $345.9k 0.00% Added +4.6k +4,620
51 Wagner Wealth Management, LLC 0.07% of their portfolio GREENVILLE, SC 11,54511.5k $344.0k $344.0k 0.07% Reduced -2.2k -2,243
52 Riggs Asset Managment Co. Inc. 0.07% of their portfolio DALLAS, PA 11,17311.2k $333.0k $333.0k 0.07% New
53 Balboa Wealth Partners 0.05% of their portfolio SCOTTSDALE, AZ 10,65810.7k $317.6k $317.6k 0.05% New
54 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 10,00010.0k $298.0k $298.0k 0.01% Unchanged
55 Realta Investment Advisors 0.10% of their portfolio WILMINGTON, DE 9,97010.0k $297.1k $297.1k 0.10% Added +31 +31
56 Rubicon Advisors, GP 0.27% of their portfolio REDDING, CA 9,7999.8k $292.0k $292.0k 0.27% First filing
57 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 9,4149.4k $280.6k $280.6k 0.00% Added +375 +375
58 Perigon Wealth Management, LLC 0.00% of their portfolio SAN FRANCISCO, CA 9,0579.1k $269.9k $269.9k 0.00% Added +1.5k +1,486
59 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 8,8388.8k $264.6k $264.6k 0.00% Reduced -699 -699
60 Wagner Wealth Management, Corp 0.25% of their portfolio CONYNGHAM, PA 8,6068.6k $256.5k $256.5k 0.25% First filing
61 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 8,0608.1k $240.2k $240.2k 0.00% Reduced -483 -483
62 BAM Wealth Management, LLC 0.16% of their portfolio LAKEWOOD, CO 7,2337.2k $215.5k $215.5k 0.16% New
63 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 7,0337.0k $209.6k $209.6k 0.00% Added +91 +91
64 Milestones Private Investment Advisors LLC 0.14% of their portfolio FAIRPORT, NY 6,9396.9k $206.8k $206.8k 0.14% Reduced -937 -937
65 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 6,9316.9k $206.5k $206.5k 0.00% Added +61 +61
66 Elequin Capital, LP 0.02% of their portfolio NEW YORK, NY 6,0866.1k $181.4k $181.4k 0.02% Unchanged
67 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 4,3454.3k $129.5k $129.5k 0.00% New
68 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 3,6733.7k $109.4k $109.4k 0.00% New
69 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 2,5542.6k $74.7k $74.7k 0.00% New
70 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 2,0452.0k $60.9k $60.9k 0.01% Added +1.3k +1,333
71 Capital Investment Advisory Services, LLC 0.00% of their portfolio RALEIGH, NC 1,6411.6k $48.9k $48.9k 0.00% Added +1.3k +1,294
72 Intesa Sanpaolo Wealth Management 0.01% of their portfolio LUXEMBOURG, N4 1,5001.5k $44.7k $44.7k 0.01% First filing
73 Raleigh Capital Management Inc. 0.01% of their portfolio CARY, NC 1,0851.1k $32.3k $32.3k 0.01% Added +15 +15
74 Triumph Capital Management 0.00% of their portfolio DENVER, CO 700700 $20.9k $20.9k 0.00% New
75 Smartleaf Asset Management LLC 0.00% of their portfolio BOSTON, MA 655655 $19.5k $19.5k 0.00% Added +647 +647
76 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 552552 $16.5k $16.5k 0.00% Added +521 +521
77 Rossby Financial, LCC 0.00% of their portfolio MELBOURNE, FL 534534 $15.9k $15.9k 0.00% Added +239 +239
78 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 512512 $15.3k $15.3k 0.00% Unchanged
79 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 441441 $13.1k $13.1k 0.00% Added +6 +6
80 Sound Income Strategies, LLC 0.00% of their portfolio FT LAUDERDALE, FL 344344 $10.3k $10.3k 0.00% New
81 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 269269 $8.0k $8.0k 0.00% Reduced -836 -836
82 Capital Analysts, LLC 0.00% of their portfolio FORT WASHINGTON, PA 208208 $6.0k $6.0k 0.00% Unchanged
83 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 7373 $2.2k $2.2k 0.00% Unchanged
84 NFSG Corp 0.00% of their portfolio BOCA RATON, FL 6363 $1.9k $1.9k 0.00% Unchanged
85 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 5959 $1.8k $1.8k 0.00% Unchanged
86 MCGUIRE CAPITAL ADVISORS INC 0.00% of their portfolio BETHANY, OK 5454 $1.6k $1.6k 0.00% First filing
87 Caitlin John, LLC 0.00% of their portfolio BRIGHTON, MI 5252 $1.6k $1.6k 0.00% Unchanged
88 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 5151 $1.5k $1.5k 0.00% Reduced -216 -216
89 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 2828 $834 $834 0.00% New
90 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1010 $298 $298 0.00% Reduced -2.5k -2,486
91 UBS Group AG 0.00% of their portfolio ZURICH, V8 11 $30 $30 0.00% Reduced -72 -72