FIRST TR EXCH TRADED FD III AFDM
RIVRFRNT DYN DEV · ETP · CUSIP 33739P608
44
institutional holders
-5 vs Q1 2023
1.9m
shares reported held*
$105.9mreported value*
1 new
17 added
21 reduced
7 sold out
net bought ≈ $2.9m (+64.1k 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 ≈ $56.77.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 44 |
| Q4 2022 | 51 |
| Q1 2023 | 49 |
| Q2 2023 | 44 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 21 | 23 |
| Q1 2023 | 17 | 30 |
| Q2 2023 | 18 | 28 |
Biggest buyers
| OLD MISSION CAPITAL LLC | Added | +81.2k |
| JANE STREET GROUP, LLC | Added | +44.8k |
| Qube Research & Technologies Ltd | Added | +17.6k |
| MORGAN STANLEY | Added | +7.2k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +5.6k |
| ROYAL BANK OF CANADA | Added | +4.1k |
| UBS Group AG | Added | +3.5k |
| Elevated Capital Advisors, LLC | Added | +1.9k |
| OSAIC HOLDINGS, INC. | Added | +817 |
| IFP Advisors, Inc | Added | +641 |
Biggest sellers
| CITADEL ADVISORS LLC | Sold out | -33.6k |
| RiverFront Investment Group, LLC | Reduced | -13.9k |
| BANK OF MONTREAL /CAN/ | Reduced | -13.0k |
| Per Stirling Capital Management, LLC. | Reduced | -9.5k |
| Truadvice, LLC | Reduced | -4.4k |
| GOLDMAN SACHS GROUP INC | Reduced | -4.3k |
| First Heartland Consultants, Inc. | Sold out | -3.9k |
| Raymond James Financial Services Advisors, Inc. | Sold out | -3.6k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -3.1k |
| TRUIST FINANCIAL CORP | Reduced | -3.0k |
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.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: TRUIST FINANCIAL CORP (1.3%, 2026-10-22)
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 428.9k $24.5m | Added +7.2k |
| RiverFront Investment Group, LLC 0.67% of their portfolio | 362.0k $20.7m | Reduced -13.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 136.2k $7.8m | Reduced -3.1k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 126.3k $7.2m | Reduced -3.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 111.3k $6.4m | Added +4.1k |
| OLD MISSION CAPITAL LLC 0.21% of their portfolio | 100.1k $5.7m | Added +81.2k |
| Per Stirling Capital Management, LLC. 1.06% of their portfolio | 91.0k $5.2m | Reduced -9.5k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 88.8k $5.1m | Added +44.8k |
| Prospera Financial Services Inc 0.15% of their portfolio | 69.9k $4.0m | Reduced -1.3k |
| UBS Group AG 0.00% of their portfolio | 44.1k $2.5m | Added +3.5k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 29.6k $1.7m | Reduced -299 |
| Elevated Capital Advisors, LLC 0.54% of their portfolio | 28.6k $1.6m | Added +1.9k |
| MONEYWISE, INC. 0.97% of their portfolio | 27.3k $1.6m | Reduced -1.5k |
| BENJAMIN F. EDWARDS & COMPANY, INC. 0.06% of their portfolio | 26.6k $1.5m | Added +449 |
| Truadvice, LLC 0.41% of their portfolio | 19.4k $1.1m | Reduced -4.4k |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 17.7k $282.2k | Added +17.6k |
| LPL Financial LLC 0.00% of their portfolio | 16.9k $964.7k | Reduced -945 |
| CENTRAL TRUST Co 0.02% of their portfolio | 15.5k $885.0k | Reduced -1.8k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 13.3k $760.7k | Added +817 |
| RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio | 11.7k $670.4k | Reduced -163 |
| DAVENPORT & Co LLC 0.00% of their portfolio | 11.4k $649.6k | Reduced -640 |
| ERn Financial, LLC 0.13% of their portfolio | 11.2k $642.5k | Reduced -126 |
| Brookstone Capital Management 0.01% of their portfolio | 10.8k $602.5k | Reduced -694 |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 9.8k $561.4k | Reduced -4.3k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 9.6k $548.3k | Added +5.6k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 8.8k $502.0k | Reduced -528 |
| Walkner Condon Financial Advisors LLC 0.09% of their portfolio | 6.3k $358.7k | Reduced -512 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 5.3k $306.6k | Reduced -13.0k |
| Cetera Advisors LLC 0.00% of their portfolio | 4.7k $267.7k | Added +594 |
| Raleigh Capital Management Inc. 0.12% of their portfolio | 4.1k $234.0k | Added +20 |
| Dana Investment Advisors, Inc. 0.01% of their portfolio | 3.8k $217.1k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 3.7k $211.4k | Added +25 |
| AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio | 3.6k $206.3k | Added +12 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.4k $80.6k | Added +1 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.01% of their portfolio | 1.4k $78.1k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 1.3k $73.4k | Reduced -808 |
| IFP Advisors, Inc 0.00% of their portfolio | 1.3k $77.8k | Added +641 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 655 $37.4k | Reduced -1.6k |
| Tyler-Stone Wealth Management 0.01% of their portfolio | 425 $24.0k | First filing |
| CWM, LLC 0.00% of their portfolio | 398 $23.0k | Added +8 |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 250 $14.3k | Unchanged |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 200 $11.4k | Unchanged |
| AlphaMark Advisors, LLC 0.00% of their portfolio | 50 $3.0k | Reduced -100 |
| O'Dell Group, LLC 0.00% of their portfolio | 17 $977 | New |