Vault-13

FIRST TR EXCH TRADED FD III FSMB

SHRT DUR MNG MUN · ETP · CUSIP 33739P830

124 institutional holders +9 vs Q3 2023
21,144,19421.1m shares reported held*
$421.8mreported value*
11 new 42 added 43 reduced 12 sold out net bought ≈ $99.8m (+5.0m 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 ≈ $19.95. Options: 0 managers hold calls (— notional), 2 hold puts ($5.0k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 100Q4 22: 109Q1 23: 108Q2 23: 112Q3 23: 115Q4 23: 124124Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022100
Q4 2022109
Q1 2023108
Q2 2023112
Q3 2023115
Q4 2023124

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 22: 53 bought or addedQ4 22: 47 cut or sold outQ4 22Q1 23: 54 bought or addedQ1 23: 50 cut or sold outQ1 23Q2 23: 59 bought or addedQ2 23: 42 cut or sold outQ2 23Q3 23: 45 bought or addedQ3 23: 63 cut or sold outQ3 23Q4 23: 53 bought or addedQ4 23: 55 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 20225347
Q1 20235450
Q2 20235942
Q3 20234563
Q4 20235355

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$200k$400k$600kQ1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $478.0kQ2 23P/C —Q3 23 calls: $0Q3 23 puts: $0Q3 23P/C —Q4 23 calls: $0Q4 23 puts: $5.0kQ4 23P/C —
Numbers
QuarterCallsPutsP/C
Q1 2023$0$0—
Q2 2023$0$478.0k—
Q3 2023$0$0—
Q4 2023$0$5.0k—

Biggest buyers

MORGAN STANLEY Added +4,605,017+4.6m
PFS Partners, LLC Added +566,025+566.0k
JPMORGAN CHASE & CO Added +291,074+291.1k
MML INVESTORS SERVICES, LLC Added +205,971+206.0k
ENVESTNET ASSET MANAGEMENT INC Added +204,134+204.1k
Allworth Financial LP Added +94,910+94.9k
RMR Wealth Builders Added +86,600+86.6k
LPL Financial LLC Added +80,402+80.4k
WELLS FARGO & COMPANY/MN Added +47,071+47.1k
Francis Financial, Inc. New +40,113+40.1k

Biggest sellers

JANE STREET GROUP, LLC Sold out -265,413-265.4k
GREAT VALLEY ADVISOR GROUP, INC. Sold out -178,349-178.3k
OSAIC HOLDINGS, INC. Reduced -145,247-145.2k
Raymond James Financial Services Advisors, Inc. Reduced -138,366-138.4k
Cambridge Investment Research Advisors, Inc. Reduced -125,805-125.8k
Principle Wealth Partners LLC Reduced -59,453-59.5k
ROYAL BANK OF CANADA Reduced -56,379-56.4k
Mariner, LLC Reduced -38,757-38.8k
OGOREK ANTHONY JOSEPH /NY/ /ADV Reduced -35,325-35.3k
DHJJ Financial Advisors, Ltd. Sold out -30,581-30.6k

Biggest calls

None

Biggest puts

SIMPLEX TRADING, LLC New $5.0k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

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 new · filed 2026-01-30 5.6% new 1.4m≈ $28.4m 2026-01-30

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 8,786,1168.8m $175.3m $175.3m 0.01% Added +4.6m +4,605,017
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,182,1691.2m $23.6m $23.6m 0.01% Added +80.4k +80,402
3 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 1,145,9641.1m $22.9m $22.9m 0.04% Reduced -138.4k -138,366
4 PFS Partners, LLC 7.74% of their portfolio MINE HILL, NJ 567,527567.5k $11.3m $11.3m 7.74% Added +566.0k +566,025
5 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 561,314561.3k $11.2m $11.2m 0.02% Added +1.0k +1,003
6 TruWealth Advisors, LLC 0.80% of their portfolio Metairie, LA 522,342522.3k $10.4m $10.4m 0.80% Added +19.6k +19,610
7 RMR Wealth Builders 1.34% of their portfolio Montclair, NJ 479,355479.4k $9.6m $9.6m 1.34% Added +86.6k +86,600
8 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 370,712370.7k $7.4m $7.4m 0.00% Reduced -56.4k -56,379
9 EnRich Financial Partners LLC 2.88% of their portfolio MADISON, WI 346,092346.1k $6.9m $6.9m 2.88% First filing
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 333,901333.9k $6.7m $6.7m 0.00% Reduced -15.3k -15,285
11 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 330,145330.1k $6.6m $6.6m 0.01% Reduced -145.2k -145,247
12 OGOREK ANTHONY JOSEPH /NY/ /ADV 2.35% of their portfolio WILLIAMSVILLE, NY 324,387324.4k $6.5m $6.5m 2.35% Reduced -35.3k -35,325
13 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 321,939321.9k $6.4m $6.4m 0.00% Added +204.1k +204,134
14 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 294,342294.3k $5.9m $5.9m 0.00% Added +291.1k +291,074
15 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 256,908256.9k $5.1m $5.1m 0.04% Added +6.9k +6,927
16 Orion Porfolio Solutions, LLC 0.06% of their portfolio OMAHA, NE 255,056255.1k $5.1m $5.1m 0.06% Reduced -6.1k -6,111
17 Orion Portfolio Solutions, LLC 0.06% of their portfolio Omaha, NE 255,056255.1k $5.1m $5.1m 0.06% Reduced -6.1k -6,111
18 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 238,443238.4k $4.8m $4.8m 0.02% Added +206.0k +205,971
19 Nilsine Partners, LLC 0.67% of their portfolio GREENWOOD VILLAGE, CO 219,534219.5k $4.4m $4.4m 0.67% Added +2.1k +2,078
20 CONDOR CAPITAL MANAGEMENT 0.41% of their portfolio MARTINSVILLE, NJ 191,317191.3k $3.8m $3.8m 0.41% Added +5.0k +5,013
21 Cetera Investment Advisers 0.03% of their portfolio SCHAUMBURG, IL 182,026182.0k $3.6m $3.6m 0.03% Added +2.5k +2,481
22 Mariner, LLC 0.01% of their portfolio Overland Park, KS 147,021147.0k $2.9m $2.9m 0.01% Reduced -38.8k -38,757
23 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 146,906146.9k $2.9m $2.9m 0.02% Added +94.9k +94,910
24 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 144,554144.6k $2.9m $2.9m 0.03% Added +18.4k +18,413
25 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 144,519144.5k $2.9m $2.9m 0.00% Added +4.2k +4,157
26 Visionary Wealth Advisors 0.21% of their portfolio O'FALLON, IL 140,991141.0k $2.8m $2.8m 0.21% Reduced -15.3k -15,321
27 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 118,235118.2k $2.4m $2.4m 0.01% Reduced -1.9k -1,866
28 Heck Capital Advisors, LLC 0.35% of their portfolio Rhinelander, WI 108,314108.3k $2.2m $2.2m 0.35% Reduced -7.7k -7,712
29 Eldridge Investment Advisors, Inc. 0.53% of their portfolio MANCHESTER, NH 101,336101.3k $2.0m $2.0m 0.53% Added +37.3k +37,315
30 STEPHENS INC /AR/ 0.03% of their portfolio LITTLE ROCK, AR 98,75498.8k $2.0m $2.0m 0.03% Unchanged
31 Advisory Resource Group 0.49% of their portfolio Tulsa, OK 98,46098.5k $2.0m $2.0m 0.49% Added +610 +610
32 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 96,01096.0k $1.9m $1.9m 0.00% Added +47.1k +47,071
33 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 95,77495.8k $1.9m $1.9m 0.00% Reduced -10.1k -10,067
34 IFP Advisors, Inc 0.09% of their portfolio TAMPA, FL 95,66395.7k $1.9m $1.9m 0.09% Reduced -21.3k -21,288
35 Vishria Bird Financial Group, LLC 0.86% of their portfolio MEMPHIS, TN 91,08791.1k $1.8m $1.8m 0.86% Reduced -301 -301
36 Insight Inv LLC 1.73% of their portfolio EL SEGUNDO, CA 88,73088.7k $1.8m $1.8m 1.73% Added +500 +500
37 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 87,25187.3k $1.7m $1.7m 0.01% Reduced -2.0k -2,007
38 StoneX Group Inc. 0.16% of their portfolio NEW YORK, NY 78,36878.4k $1.6m $1.6m 0.16% Added +510 +510
39 Mutual Advisors, LLC 0.05% of their portfolio OMAHA, NE 74,62974.6k $1.5m $1.5m 0.05% Reduced -258 -258
40 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 70,96971.0k $1.4m $1.4m 0.00% Added +5.4k +5,401
41 Modern Wealth Management, LLC 0.17% of their portfolio KANSAS CITY, MO 69,34869.3k $1.4m $1.4m 0.17% First filing
42 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 66,00666.0k $1.3m $1.3m 0.02% Added +12.4k +12,367
43 FSB PREMIER WEALTH MANAGEMENT, INC. 0.64% of their portfolio WATERLOO, IA 64,21764.2k $1.3m $1.3m 0.64% Reduced -4.9k -4,921
44 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 63,54063.5k $1.3m $1.3m 0.01% Reduced -2.8k -2,791
45 LWS Wealth Advisors, Inc. 0.47% of their portfolio BASKING RIDGE, NJ 62,68262.7k $1.3m $1.3m 0.47% Reduced -6.1k -6,134
46 Per Stirling Capital Management, LLC. 0.23% of their portfolio AUSTIN, TX 62,59162.6k $1.2m $1.2m 0.23% Reduced -23.6k -23,628
47 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 61,15561.2k $1.2m $1.2m 0.00% Reduced -9.9k -9,873
48 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 60,17660.2k $1.2m $1.2m 0.01% Reduced -5.0k -5,000
49 Financial Advocates Investment Management 0.08% of their portfolio OLYMPIA, WA 59,26059.3k $1.2m $1.2m 0.08% Added +25.0k +25,005
50 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 55,76055.8k $1.1m $1.1m 0.02% Reduced -19.8k -19,757
51 KESTRA PRIVATE WEALTH SERVICES, LLC 0.03% of their portfolio AUSTIN, TX 54,07254.1k $1.1m $1.1m 0.03% Reduced -3.5k -3,506
52 SWMG, LLC 0.51% of their portfolio FORT WORTH, TX 53,51653.5k $1.1m $1.1m 0.51% Reduced -20.1k -20,070
53 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 48,82248.8k $974.0k $974.0k 0.00% Reduced -125.8k -125,805
54 INSPIRION WEALTH ADVISORS, LLC 0.17% of their portfolio LIBERTYVILLE, IL 46,75546.8k $932.8k $932.8k 0.17% Unchanged
55 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 44,55344.6k $888.8k $888.8k 0.01% Reduced -19.9k -19,926
56 Occidental Asset Management, LLC 0.17% of their portfolio Burlingame, CA 41,84741.8k $834.8k $834.8k 0.17% Added +1.3k +1,346
57 Francis Financial, Inc. 0.34% of their portfolio NEW YORK, NY 40,11340.1k $800.3k $800.3k 0.34% New
58 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 38,42138.4k $766.0k $766.0k 0.00% Reduced -2.9k -2,929
59 Principle Wealth Partners LLC 0.07% of their portfolio MADISON, CT 38,08938.1k $759.9k $759.9k 0.07% Reduced -59.5k -59,453
60 TRUST CO OF OKLAHOMA 0.28% of their portfolio TULSA, OK 37,88437.9k $755.8k $755.8k 0.28% Unchanged
61 ONE PLUS ONE WEALTH MANAGEMENT, LLC 0.44% of their portfolio JUPITER, FL 36,58036.6k $729.8k $729.8k 0.44% Unchanged
62 Prime Capital Investment Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 36,17336.2k $721.7k $721.7k 0.01% Unchanged
63 RFG Advisory, LLC 0.03% of their portfolio BIRMINGHAM, AL 34,92834.9k $696.8k $696.8k 0.03% Added +3.5k +3,529
64 Snowden Capital Advisors LLC 0.03% of their portfolio New York, NY 34,89734.9k $696.2k $696.2k 0.03% Added +1.6k +1,627
65 ARBOR CAPITAL MANAGEMENT INC /ADV 0.51% of their portfolio ANCHORAGE, AK 34,14634.1k $681.6k $681.6k 0.51% Reduced -1.8k -1,757
66 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 32,18632.2k $642.1k $642.1k 0.00% Added +965 +965
67 INDEPENDENT FINANCIAL GROUP, LLC 0.03% of their portfolio SAN DIEGO, CA 32,13932.1k $641.2k $641.2k 0.03% Added +579 +579
68 SUTTON PLACE INVESTORS LLC 0.45% of their portfolio ARMONK, NY 31,10031.1k $620.4k $620.4k 0.45% Unchanged
69 Security Financial Services, INC. 0.15% of their portfolio Fort Wayne, IN 30,06030.1k $599.7k $599.7k 0.15% Added +330 +330
70 Hobart Private Capital, LLC 0.20% of their portfolio CHARLOTTE, NC 29,69129.7k $592.3k $592.3k 0.20% New
71 Hedeker Wealth, LLC 0.19% of their portfolio Lincolnshire, IL 29,40129.4k $586.5k $586.5k 0.19% Added +319 +319
72 Cetera Advisor Networks LLC 0.00% of their portfolio EL SEGUNDO, CA 23,99324.0k $478.7k $478.7k 0.00% Reduced -14.2k -14,154
73 COMERICA BANK 0.00% of their portfolio DALLAS, TX 22,83622.8k $455.6k $455.6k 0.00% Reduced -13.0k -12,967
74 Walkner Condon Financial Advisors LLC 0.10% of their portfolio MADISON, WI 22,38222.4k $446.5k $446.5k 0.10% Reduced -2.3k -2,295
75 CONTINUUM WEALTH ADVISORS, LLC 0.28% of their portfolio SARATOGA SPRINGS, NY 21,84421.8k $435.8k $435.8k 0.28% Added +725 +725
76 Ashton Thomas Private Wealth, LLC 0.03% of their portfolio SCOTTSDALE, AZ 21,08421.1k $420.6k $420.6k 0.03% Reduced -7.8k -7,780
77 GSG Advisors LLC 0.15% of their portfolio MOUNT LAUREL, NJ 20,13920.1k $402.0k $402.0k 0.15% Added +179 +179
78 SILVER OAK SECURITIES, INCORPORATED 0.05% of their portfolio JACKSON, TN 19,45519.5k $388.1k $388.1k 0.05% New
79 Lunt Capital Management, Inc. 0.20% of their portfolio HOLLADAY, UT 19,45519.5k $388.1k $388.1k 0.20% Unchanged
80 Econ Financial Services Corp 0.26% of their portfolio HARRISBURG, PA 18,67518.7k $372.6k $372.6k 0.26% Reduced -1.8k -1,758
81 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 17,89517.9k $357.0k $357.0k 0.01% Added +111 +111
82 Alta Wealth Advisors LLC 0.19% of their portfolio Woburn, MA 17,45717.5k $348.3k $348.3k 0.19% Reduced -18.0k -18,000
83 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 16,90516.9k $337.3k $337.3k 0.00% Added +4.8k +4,804
84 Concurrent Investment Advisors, LLC 0.02% of their portfolio Tampa, FL 16,04416.0k $320.1k $320.1k 0.02% First filing
85 Summit Wealth Partners, LLC 0.07% of their portfolio Orlando, FL 15,86715.9k $316.5k $316.5k 0.07% Added +600 +600
86 Clearwater Capital Advisors, LLC 0.03% of their portfolio HOFFMAN ESTATES, IL 15,00015.0k $299.2k $299.2k 0.03% Unchanged
87 CASTLE WEALTH MANAGEMENT LLC 0.18% of their portfolio BOYNTON BEACH, FL 14,78814.8k $295.0k $295.0k 0.18% New
88 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 14,27414.3k $284.8k $284.8k 0.00% First filing
89 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 13,69713.7k $273.3k $273.3k 0.02% Reduced -5.2k -5,202
90 NAPLES GLOBAL ADVISORS, LLC 0.03% of their portfolio NAPLES, FL 13,50013.5k $269.3k $269.3k 0.03% New
91 IAMS WEALTH MANAGEMENT, LLC 0.17% of their portfolio OMAHA, NE 13,11113.1k $261.6k $261.6k 0.17% Reduced -238 -238
92 CHILTON CAPITAL MANAGEMENT LLC 0.01% of their portfolio HOUSTON, TX 12,45312.5k $248.4k $248.4k 0.01% Unchanged
93 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 11,67711.7k $233.0k $233.0k 0.00% Reduced -3.2k -3,163
94 Cetera Advisors LLC 0.00% of their portfolio DENVER, CO 11,63811.6k $232.2k $232.2k 0.00% Reduced -1.0k -1,000
95 Keystone Wealth Services, LLC 0.08% of their portfolio PALM DESERT, CA 11,50011.5k $229.4k $229.4k 0.08% Unchanged
96 Objective Capital Management, LLC 0.17% of their portfolio Fairlawn, OH 11,05611.1k $220.6k $220.6k 0.17% Added +13 +13
97 Main Line Retirement Advisors, LLC 0.18% of their portfolio WHITEFISH, MT 10,40210.4k $207.5k $207.5k 0.18% First filing
98 LVZ, Inc. 0.03% of their portfolio Holland, MI 10,06810.1k $200.9k $200.9k 0.03% Unchanged
99 Capital Analysts, LLC 0.01% of their portfolio FORT WASHINGTON, PA 10,03910.0k $200.0k $200.0k 0.01% Reduced -511 -511
100 Rooted Wealth Advisors, Inc. 0.10% of their portfolio BOURBONNAIS, IL 10,01010.0k $199.0k $199.0k 0.10% New