Vault-13

FIRST TR EXCH TRADED FD III AFDM

RIVRFRNT DYN DEV · ETP · CUSIP 33739P608

41 institutional holders +0 vs Q1 2025
1,411,1801.4m shares reported held*
$102.9mreported value*
6 new 13 added 11 reduced 6 sold out net bought ≈ $5.4m (+74.6k 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 ≈ $72.92.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 44Q4 22: 51Q1 23: 49Q2 23: 44Q3 23: 45Q4 23: 44Q1 24: 43Q2 24: 43Q3 24: 41Q4 24: 40Q1 25: 41Q2 25: 4141Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202244
Q4 202251
Q1 202349
Q2 202344
Q3 202345
Q4 202344
Q1 202443
Q2 202443
Q3 202441
Q4 202440
Q1 202541
Q2 202541

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 23: 15 bought or addedQ3 23: 26 cut or sold outQ4 23: 15 bought or addedQ4 23: 27 cut or sold outQ4 23Q1 24: 17 bought or addedQ1 24: 24 cut or sold outQ2 24: 15 bought or addedQ2 24: 23 cut or sold outQ2 24Q3 24: 11 bought or addedQ3 24: 24 cut or sold outQ4 24: 10 bought or addedQ4 24: 23 cut or sold outQ4 24Q1 25: 17 bought or addedQ1 25: 20 cut or sold outQ2 25: 19 bought or addedQ2 25: 17 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20231526
Q4 20231527
Q1 20241724
Q2 20241523
Q3 20241124
Q4 20241023
Q1 20251720
Q2 20251917

Biggest buyers

JANE STREET GROUP, LLC New +35,545+35.5k
Prospera Financial Services Inc Added +28,170+28.2k
Cerity Partners LLC New +17,813+17.8k
ENVESTNET ASSET MANAGEMENT INC Added +15,063+15.1k
Cetera Investment Advisers Added +14,622+14.6k
RiverFront Investment Group, LLC Added +12,053+12.1k
TRUIST FINANCIAL CORP Added +11,953+12.0k
Per Stirling Capital Management, LLC. Added +7,633+7.6k
LPL Financial LLC Added +2,298+2.3k
ROYAL BANK OF CANADA Added +1,409+1.4k

Biggest sellers

ERn Financial, LLC Sold out -18,055-18.1k
Claris Financial LLC Sold out -17,578-17.6k
MORGAN STANLEY Reduced -13,846-13.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -11,247-11.2k
Orion Porfolio Solutions, LLC Reduced -3,861-3.9k
Bison Wealth, LLC Sold out -3,086-3.1k
OSAIC HOLDINGS, INC. Reduced -3,015-3.0k
LANARK FINANCIAL, INC. Reduced -1,700-1.7k
RAYMOND JAMES FINANCIAL INC Reduced -470-470
GAMMA Investing LLC Reduced -278-278

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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 353,186353.2k $25.8m $25.8m 0.00% Reduced -13.8k -13,846
2 Per Stirling Capital Management, LLC. 1.95% of their portfolio AUSTIN, TX 205,166205.2k $15.0m $15.0m 1.95% Added +7.6k +7,633
3 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 147,934147.9k $10.8m $10.8m 0.00% Added +15.1k +15,063
4 Prospera Financial Services Inc 0.18% of their portfolio Dallas, TX 129,880129.9k $9.5m $9.5m 0.18% Added +28.2k +28,170
5 RiverFront Investment Group, LLC 0.18% of their portfolio RICHMOND, VA 124,939124.9k $9.1m $9.1m 0.18% Added +12.1k +12,053
6 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 93,76093.8k $6.8m $6.8m 0.01% Added +14.6k +14,622
7 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 93,71593.7k $6.8m $6.8m 0.01% Added +12.0k +11,953
8 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 70,38470.4k $5.1m $5.1m 0.00% Added +1.4k +1,409
9 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 35,54535.5k $2.6m $2.6m 0.00% New
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 25,46725.5k $1.9m $1.9m 0.00% Reduced -38 -38
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 18,72318.7k $1.4m $1.4m 0.00% Added +2.3k +2,298
12 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 17,81317.8k $1.3m $1.3m 0.00% New
13 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 14,57314.6k $1.1m $1.1m 0.00% Reduced -267 -267
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 11,69211.7k $852.6k $852.6k 0.00% Reduced -470 -470
15 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 10,19010.2k $743.1k $743.1k 0.00% Added +526 +526
16 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 7,6727.7k $559.4k $559.4k 0.00% Reduced -3.9k -3,861
17 Walkner Condon Financial Advisors LLC 0.08% of their portfolio MADISON, WI 6,0536.1k $441.4k $441.4k 0.08% Reduced -82 -82
18 CENTRAL TRUST Co 0.01% of their portfolio JEFFERSON CITY, MO 6,0026.0k $437.7k $437.7k 0.01% Reduced -63 -63
19 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 4,8454.8k $354.4k $354.4k 0.00% Reduced -3.0k -3,015
20 GAMMA Investing LLC 0.02% of their portfolio FOSTER CITY, CA 4,7334.7k $345.1k $345.1k 0.02% Reduced -278 -278
21 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 4,1004.1k $299.0k $299.0k 0.00% Added +288 +288
22 Dana Investment Advisors, Inc. 0.01% of their portfolio BROOKFIELD, WI 3,7983.8k $276.9k $276.9k 0.01% Unchanged
23 LANARK FINANCIAL, INC. 0.02% of their portfolio BIRMINGHAM, AL 3,7593.8k $274.0k $274.0k 0.02% Reduced -1.7k -1,700
24 MONEYWISE, INC. 0.12% of their portfolio FOREST, VA 3,6363.6k $265.1k $265.1k 0.12% Added +8 +8
25 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 3,1543.2k $230.0k $230.0k 0.00% Added +4 +4
26 Strategic Equity Management 0.08% of their portfolio TUCSON, AZ 3,0983.1k $225.9k $225.9k 0.08% Unchanged
27 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,0012.0k $145.9k $145.9k 0.00% Unchanged
28 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,0941.1k $79.8k $79.8k 0.00% Unchanged
29 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 946946 $69.0k $69.0k 0.00% Reduced -138 -138
30 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 791791 $57.7k $57.7k 0.00% Unchanged
31 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 522522 $38.1k $38.1k 0.00% Unchanged
32 EVOLUTION WEALTH MANAGEMENT INC. 0.04% of their portfolio FORT MYERS, FL 464464 $33.8k $33.8k 0.04% First filing
33 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 400400 $29.2k $29.2k 0.00% New
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 307307 $22.4k $22.4k 0.00% New
35 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 272272 $19.8k $19.8k 0.00% Unchanged
36 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 170170 $12.4k $12.4k 0.00% Added +135 +135
37 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 170170 $12.4k $12.4k 0.00% Unchanged
38 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 150150 $10.9k $10.9k 0.00% New
39 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 7272 $5.2k $5.2k 0.00% New
40 AMERIFLEX GROUP, INC. 0.00% of their portfolio LAS VEGAS, NV 44 $289 $289 0.00% Unchanged
41 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged