Vault-13

FIRST TR EXCH TRADED FD III AFDM

RIVRFRNT DYN DEV · ETP · CUSIP 33739P608

52 institutional holders +6 vs Q1 2026
1,519,2421.5m shares reported held*
$132.3mreported value*
10 new 13 added 9 reduced 4 sold out net bought ≈ $4.3m (+49.8k 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 ≈ $87.08.

Trends to Q2 2026

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: 41Q3 25: 41Q4 25: 42Q1 26: 46Q2 26: 5252Q3 22Q3 23Q3 24Q3 25Q2 26
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
Q3 202541
Q4 202542
Q1 202646
Q2 202652

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 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 25Q3 25: 14 bought or addedQ3 25: 16 cut or sold outQ4 25: 14 bought or addedQ4 25: 16 cut or sold outQ4 25Q1 26: 19 bought or addedQ1 26: 13 cut or sold outQ2 26: 23 bought or addedQ2 26: 13 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241124
Q4 20241023
Q1 20251720
Q2 20251917
Q3 20251416
Q4 20251416
Q1 20261913
Q2 20262313

Biggest buyers

Cetera Investment Advisers Added +34,432+34.4k
ENVESTNET ASSET MANAGEMENT INC Added +15,988+16.0k
UBS Group AG Added +11,319+11.3k
Stratos Wealth Advisors, LLC New +7,528+7.5k
Janney Montgomery Scott LLC New +5,651+5.7k
EWA, LLC New +5,612+5.6k
CITADEL ADVISORS LLC New +3,532+3.5k
ROYAL BANK OF CANADA Added +3,123+3.1k
TRUIST FINANCIAL CORP Added +2,833+2.8k
Per Stirling Capital Management, LLC. Added +2,358+2.4k

Biggest sellers

Prospera Financial Services Inc Reduced -12,175-12.2k
Orion Porfolio Solutions, LLC Sold out -9,742-9.7k
RiverFront Investment Group, LLC Reduced -9,168-9.2k
GTS SECURITIES LLC Sold out -8,650-8.7k
LPL Financial LLC Reduced -3,313-3.3k
JANE STREET GROUP, LLC Reduced -1,910-1.9k
WELLS FARGO & COMPANY/MN Reduced -1,282-1.3k
MAI Capital Management Sold out -791-791
Baird Financial Group, Inc. Reduced -403-403
Advisory Services Network, LLC Sold out -76-76

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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 362,149362.1k $31.5m $31.5m 0.00% Added +1.0k +1,028
2 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 202,982203.0k $17.7m $17.7m 0.02% Added +34.4k +34,432
3 Per Stirling Capital Management, LLC. 1.55% of their portfolio AUSTIN, TX 186,554186.6k $16.2m $16.2m 1.55% Added +2.4k +2,358
4 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 171,614171.6k $14.9m $14.9m 0.00% Added +16.0k +15,988
5 Prospera Financial Services Inc 0.16% of their portfolio Dallas, TX 129,472129.5k $11.3m $11.3m 0.16% Reduced -12.2k -12,175
6 RiverFront Investment Group, LLC 0.13% of their portfolio RICHMOND, VA 112,606112.6k $9.8m $9.8m 0.13% Reduced -9.2k -9,168
7 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 88,34488.3k $7.7m $7.7m 0.01% Added +2.8k +2,833
8 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 48,09648.1k $4.2m $4.2m 0.00% Added +3.1k +3,123
9 UBS Group AG 0.00% of their portfolio ZURICH, V8 41,73241.7k $3.6m $3.6m 0.00% Added +11.3k +11,319
10 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 22,87522.9k $2.0m $2.0m 0.00% Reduced -1.9k -1,910
11 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 21,74121.7k $1.9m $1.9m 0.00% Added +601 +601
12 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 17,90917.9k $1.6m $1.6m 0.00% Reduced -3.3k -3,313
13 Baird Financial Group, Inc. 0.00% of their portfolio MILWAUKEE, WI 13,96914.0k $1.2m $1.2m 0.00% Reduced -403 -403
14 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 13,19413.2k $1.1m $1.1m 0.00% Reduced -36 -36
15 DAVENPORT & Co LLC 0.01% of their portfolio RICHMOND, VA 12,09512.1k $1.1m $1.1m 0.01% Added +732 +732
16 Stratos Wealth Advisors, LLC 0.04% of their portfolio BEACHWOOD, OH 7,5287.5k $655.5k $655.5k 0.04% New
17 Walkner Condon Financial Advisors LLC 0.06% of their portfolio MADISON, WI 6,1826.2k $538.3k $538.3k 0.06% Added +5 +5
18 CENTRAL TRUST Co 0.01% of their portfolio JEFFERSON CITY, MO 5,9696.0k $519.8k $519.8k 0.01% Unchanged
19 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 5,6515.7k $492.0k $492.0k 0.00% New
20 EWA, LLC 0.09% of their portfolio PITTSBURGH, PA 5,6125.6k $488.7k $488.7k 0.09% New
21 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 3,9824.0k $346.8k $346.8k 0.00% Added +1 +1
22 Dana Investment Advisors, Inc. 0.01% of their portfolio BROOKFIELD, WI 3,7983.8k $330.7k $330.7k 0.01% Unchanged
23 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 3,5323.5k $307.6k $307.6k 0.00% New
24 GAMMA Investing LLC 0.01% of their portfolio FOSTER CITY, CA 3,4713.5k $302.3k $302.3k 0.01% Unchanged
25 MONEYWISE, INC. 0.11% of their portfolio FOREST, VA 3,4583.5k $301.1k $301.1k 0.11% Unchanged
26 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,1933.2k $278.8k $278.8k 0.00% Added +918 +918
27 Strategic Equity Management 0.09% of their portfolio TUCSON, AZ 2,9202.9k $254.3k $254.3k 0.09% Unchanged
28 Spartan Wealth Advisory Services LLC 0.02% of their portfolio BINGHAM FARMS, MI 2,7702.8k $241.2k $241.2k 0.02% Reduced -36 -36
29 FULTON BREAKEFIELD BROENNIMAN LLC 0.01% of their portfolio Bethesda, MD 2,6582.7k $231.5k $231.5k 0.01% Unchanged
30 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 2,5512.6k $222.1k $222.1k 0.00% Unchanged
31 Bison Wealth, LLC 0.02% of their portfolio ATLANTA, GA 2,3542.4k $208.0k $208.0k 0.02% Unchanged
32 COMPASS FINANCIAL MANAGEMENT LLC 0.02% of their portfolio TAMPA, FL 2,2612.3k $196.9k $196.9k 0.02% First filing
33 FIDUCIARY FINANCIAL ADVISORS 0.01% of their portfolio GRAND RAPIDS, MI 1,0881.1k $94.5k $94.5k 0.01% New
34 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 946946 $82.4k $82.4k 0.00% Unchanged
35 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 624624 $54.4k $54.4k 0.00% Unchanged
36 EVOLUTION WEALTH MANAGEMENT INC. 0.03% of their portfolio FORT MYERS, FL 546546 $47.5k $47.5k 0.03% Added +75 +75
37 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 422422 $36.7k $36.7k 0.00% Unchanged
38 Elevated Capital Advisors, LLC 0.01% of their portfolio SANDY, UT 417417 $36.3k $36.3k 0.01% Unchanged
39 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 310310 $27.0k $27.0k 0.00% Unchanged
40 Oakmont Advisory Group, LLC 0.02% of their portfolio ALBUQUERQUE, NM 289289 $25.2k $25.2k 0.02% New
41 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 225225 $19.6k $19.6k 0.00% Unchanged
42 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 185185 $16.1k $16.1k 0.00% Unchanged
43 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 170170 $14.8k $14.8k 0.00% Reduced -30 -30
44 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 170170 $14.8k $14.8k 0.00% Unchanged
45 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 150150 $13.1k $13.1k 0.00% Unchanged
46 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 130130 $11.2k $11.2k 0.00% New
47 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 121121 $10.5k $10.5k 0.00% Unchanged
48 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 9999 $8.5k $8.5k 0.00% New
49 HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio SOUTHFIELD, MI 6565 $6.0k $6.0k 0.00% Unchanged
50 Downshift Financial, LLC 0.00% of their portfolio BOULDER, CO 6060 $5.2k $5.2k 0.00% New
51 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 22 $134 $134 0.00% New
52 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $54 $54 0.00% Reduced -1.3k -1,282