Vault-13

FIRST TR EXCH TRADED FD III FSMB

SHRT DUR MNG MUN · ETP · CUSIP 33739P830

132 institutional holders -1 vs Q4 2024
18,334,12218.3m shares reported held*
$364.2mreported value*
10 new 52 added 47 reduced 12 sold out net bought ≈ $21.9m (+1.1m 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 ≈ $19.87. Options: 0 managers hold calls (— notional), 1 hold puts ($0).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 100Q4 22: 109Q1 23: 108Q2 23: 112Q3 23: 115Q4 23: 124Q1 24: 119Q2 24: 121Q3 24: 122Q4 24: 133Q1 25: 132132Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022100
Q4 2022109
Q1 2023108
Q2 2023112
Q3 2023115
Q4 2023124
Q1 2024119
Q2 2024121
Q3 2024122
Q4 2024133
Q1 2025132

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q2 23: 59 bought or addedQ2 23: 42 cut or sold outQ3 23: 45 bought or addedQ3 23: 63 cut or sold outQ3 23Q4 23: 53 bought or addedQ4 23: 55 cut or sold outQ1 24: 59 bought or addedQ1 24: 51 cut or sold outQ1 24Q2 24: 49 bought or addedQ2 24: 57 cut or sold outQ3 24: 55 bought or addedQ3 24: 47 cut or sold outQ3 24Q4 24: 64 bought or addedQ4 24: 48 cut or sold outQ1 25: 62 bought or addedQ1 25: 59 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20235942
Q3 20234563
Q4 20235355
Q1 20245951
Q2 20244957
Q3 20245547
Q4 20246448
Q1 20256259

Biggest buyers

Rockefeller Capital Management L.P. Added +340,317+340.3k
PEAPACK GLADSTONE FINANCIAL CORP New +180,554+180.6k
NewEdge Advisors, LLC Added +176,922+176.9k
RAYMOND JAMES FINANCIAL INC Added +134,618+134.6k
Orion Portfolio Solutions, LLC Added +132,804+132.8k
UBS Group AG Added +127,230+127.2k
RMR Wealth Builders Added +100,756+100.8k
HighTower Advisors, LLC Added +90,316+90.3k
MORGAN STANLEY Added +48,663+48.7k
Francis Financial, Inc. Added +44,975+45.0k

Biggest sellers

Kestra Advisory Services, LLC Reduced -89,477-89.5k
Independent Advisor Alliance Sold out -87,959-88.0k
LPL Financial LLC Reduced -82,318-82.3k
GOLDMAN SACHS GROUP INC Sold out -63,429-63.4k
Visionary Wealth Advisors Reduced -59,439-59.4k
Integrated Wealth Concepts LLC Sold out -48,332-48.3k
Nilsine Partners, LLC Reduced -31,527-31.5k
MAI Capital Management Reduced -28,241-28.2k
KESTRA PRIVATE WEALTH SERVICES, LLC Reduced -26,787-26.8k
Core Wealth Partners LLC Reduced -26,182-26.2k

Biggest calls

None

Biggest puts

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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,590,0983.6m $71.3m $71.3m 0.01% Added +48.7k +48,663
2 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,698,4791.7m $33.7m $33.7m 0.01% Added +134.6k +134,618
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,236,0691.2m $24.6m $24.6m 0.01% Reduced -82.3k -82,318
4 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 822,443822.4k $16.3m $16.3m 0.02% Added +90.3k +90,316
5 RMR Wealth Builders 1.70% of their portfolio Montclair, NJ 813,010813.0k $16.2m $16.2m 1.70% Added +100.8k +100,756
6 PFS Partners, LLC 7.96% of their portfolio MINE HILL, NJ 752,583752.6k $15.0m $15.0m 7.96% Reduced -277 -277
7 UBS Group AG 0.00% of their portfolio ZURICH, V8 707,860707.9k $14.1m $14.1m 0.00% Added +127.2k +127,230
8 TruWealth Advisors, LLC 0.71% of their portfolio Metairie, LA 591,128591.1k $11.7m $11.7m 0.71% Added +43.6k +43,566
9 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 428,724428.7k $8.5m $8.5m 0.02% Added +340.3k +340,317
10 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 424,996425.0k $8.4m $8.4m 0.00% Added +15.2k +15,155
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 405,680405.7k $8.1m $8.1m 0.00% Added +17.8k +17,792
12 EnRich Financial Partners LLC 2.50% of their portfolio MADISON, WI 374,385374.4k $7.4m $7.4m 2.50% Added +33.3k +33,286
13 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 370,242370.2k $7.4m $7.4m 0.04% Added +176.9k +176,922
14 Orion Portfolio Solutions, LLC 0.03% of their portfolio Omaha, NE 283,788283.8k $5.6m $5.6m 0.03% Added +132.8k +132,804
15 CONDOR CAPITAL MANAGEMENT 0.43% of their portfolio MARTINSVILLE, NJ 232,827232.8k $4.6m $4.6m 0.43% Added +5.0k +5,006
16 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 224,100224.1k $4.5m $4.5m 0.00% Added +14.1k +14,085
17 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 222,729222.7k $4.4m $4.4m 0.01% Reduced -14.9k -14,890
18 Nilsine Partners, LLC 0.48% of their portfolio GREENWOOD VILLAGE, CO 220,773220.8k $4.4m $4.4m 0.48% Reduced -31.5k -31,527
19 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 208,872208.9k $4.2m $4.2m 0.00% Reduced -13.5k -13,459
20 PEAPACK GLADSTONE FINANCIAL CORP 0.05% of their portfolio BEDMINSTER, NJ 180,554180.6k $3.6m $3.6m 0.05% New
21 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 178,931178.9k $3.5m $3.5m 0.02% Reduced -4.4k -4,425
22 Per Stirling Capital Management, LLC. 0.49% of their portfolio AUSTIN, TX 170,013170.0k $3.4m $3.4m 0.49% Added +47 +47
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 167,557167.6k $3.3m $3.3m 0.00% Reduced -7.7k -7,706
24 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 164,322164.3k $3.3m $3.3m 0.02% Reduced -89.5k -89,477
25 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 159,226159.2k $3.2m $3.2m 0.01% Reduced -2.3k -2,257
26 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 157,690157.7k $3.1m $3.1m 0.01% Added +23.8k +23,760
27 Visionary Wealth Advisors 0.18% of their portfolio O'FALLON, IL 149,766149.8k $3.0m $3.0m 0.18% Reduced -59.4k -59,439
28 Francis Financial, Inc. 0.66% of their portfolio NEW YORK, NY 135,810135.8k $2.7m $2.7m 0.66% Added +45.0k +44,975
29 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 132,804132.8k $2.6m $2.6m 0.03% Reduced -18.2k -18,180
30 Advisory Resource Group 0.48% of their portfolio Tulsa, OK 119,740119.7k $2.4m $2.4m 0.48% Added +6.9k +6,860
31 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 118,285118.3k $2.4m $2.4m 0.01% Added +20.3k +20,322
32 Sowell Financial Services LLC 0.11% of their portfolio NORTH LITTLE ROCK, AR 116,773116.8k $2.3m $2.3m 0.11% Added +408 +408
33 STEPHENS INC /AR/ 0.03% of their portfolio LITTLE ROCK, AR 116,454116.5k $2.3m $2.3m 0.03% Unchanged
34 IFP Advisors, Inc 0.06% of their portfolio TAMPA, FL 95,90995.9k $1.9m $1.9m 0.06% Reduced -7.6k -7,555
35 Insight Inv LLC 1.27% of their portfolio EL SEGUNDO, CA 92,56092.6k $1.8m $1.8m 1.27% Reduced -1.1k -1,070
36 Vishria Bird Financial Group, LLC 0.61% of their portfolio MEMPHIS, TN 90,32190.3k $1.8m $1.8m 0.61% Reduced -554 -554
37 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 90,31690.3k $1.8m $1.8m 0.00% Reduced -10.9k -10,900
38 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 86,16986.2k $1.7m $1.7m 0.01% Reduced -9.4k -9,434
39 COMERICA BANK 0.01% of their portfolio DALLAS, TX 85,29185.3k $1.7m $1.7m 0.01% Added +7.6k +7,621
40 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 84,24984.2k $1.7m $1.7m 0.00% Added +19.5k +19,473
41 Mutual Advisors, LLC 0.04% of their portfolio OMAHA, NE 74,22774.2k $1.5m $1.5m 0.04% Reduced -2.3k -2,260
42 Hobart Private Capital, LLC 0.33% of their portfolio CHARLOTTE, NC 66,84366.8k $1.3m $1.3m 0.33% Reduced -4.6k -4,561
43 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 63,01163.0k $1.3m $1.3m 0.00% Added +42.4k +42,363
44 StoneX Group Inc. 0.07% of their portfolio NEW YORK, NY 62,15562.2k $1.2m $1.2m 0.07% Added +20.4k +20,444
45 Financial Advocates Investment Management 0.08% of their portfolio OLYMPIA, WA 59,96660.0k $1.2m $1.2m 0.08% Reduced -225 -225
46 GENESIS PRIVATE WEALTH, LLC 0.59% of their portfolio ASHBURN, VA 56,24156.2k $1.1m $1.1m 0.59% Added +2.8k +2,817
47 Pine Valley Investments Ltd Liability Co 0.07% of their portfolio MARLTON, NJ 55,04255.0k $1.1m $1.1m 0.07% Reduced -1.6k -1,552
48 Hedeker Wealth, LLC 0.29% of their portfolio Lincolnshire, IL 54,79454.8k $1.1m $1.1m 0.29% Added +1.4k +1,404
49 FSB PREMIER WEALTH MANAGEMENT, INC. 0.42% of their portfolio WATERLOO, IA 54,21554.2k $1.1m $1.1m 0.42% Reduced -277 -277
50 Dynamic Advisor Solutions LLC 0.03% of their portfolio PHOENIX, AZ 47,82847.8k $950.3k $950.3k 0.03% Added +31.9k +31,935
51 Occidental Asset Management, LLC 0.14% of their portfolio Burlingame, CA 46,53646.5k $924.7k $924.7k 0.14% Added +6.4k +6,400
52 JAMES INVESTMENT RESEARCH, INC. 0.11% of their portfolio ALPHA, OH 43,58643.6k $866.1k $866.1k 0.11% New
53 Concurrent Investment Advisors, LLC 0.02% of their portfolio Tampa, FL 43,09043.1k $856.2k $856.2k 0.02% Reduced -378 -378
54 Crossmark Global Holdings, Inc. 0.01% of their portfolio HOUSTON, TX 42,68442.7k $847.7k $847.7k 0.01% New
55 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 42,57642.6k $846.0k $846.0k 0.01% Added +11.2k +11,201
56 RFG Advisory, LLC 0.02% of their portfolio BIRMINGHAM, AL 41,87641.9k $832.1k $832.1k 0.02% Added +8.8k +8,788
57 AVAII WEALTH MANAGEMENT, LLC 0.44% of their portfolio APPLETON, WI 41,73541.7k $829.3k $829.3k 0.44% Added +5.6k +5,635
58 Prospera Financial Services Inc 0.02% of their portfolio Dallas, TX 39,66239.7k $788.1k $788.1k 0.02% Added +4.4k +4,446
59 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 37,82637.8k $751.6k $751.6k 0.00% Added +154 +154
60 Core Wealth Partners LLC 0.43% of their portfolio SANTA ROSA, CA 37,04537.0k $736.1k $736.1k 0.43% Reduced -26.2k -26,182
61 ARBOR CAPITAL MANAGEMENT INC /ADV 0.71% of their portfolio ANCHORAGE, AK 36,78936.8k $731.9k $731.9k 0.71% Added +1.4k +1,362
62 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 36,63736.6k $728.0k $728.0k 0.01% Reduced -6.7k -6,695
63 INSPIRION WEALTH ADVISORS, LLC 0.10% of their portfolio LIBERTYVILLE, IL 35,49535.5k $705.3k $705.3k 0.10% Reduced -333 -333
64 ONE PLUS ONE WEALTH MANAGEMENT, LLC 0.37% of their portfolio JUPITER, FL 34,08534.1k $677.3k $677.3k 0.37% Added +109 +109
65 TRUST CO OF OKLAHOMA 0.23% of their portfolio TULSA, OK 33,04333.0k $656.6k $656.6k 0.23% Reduced -4.8k -4,841
66 Security Financial Services, INC. 0.13% of their portfolio Fort Wayne, IN 32,47232.5k $645.2k $645.2k 0.13% Added +4.1k +4,141
67 Eldridge Investment Advisors, Inc. 0.14% of their portfolio MANCHESTER, NH 31,49131.5k $625.7k $625.7k 0.14% Reduced -19.6k -19,616
68 Modern Wealth Management, LLC 0.02% of their portfolio KANSAS CITY, MO 31,46831.5k $625.3k $625.3k 0.02% Reduced -2.8k -2,816
69 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 30,00230.0k $596.1k $596.1k 0.00% Reduced -2.6k -2,638
70 Foster Victor Wealth Advisors, LLC 0.04% of their portfolio GREENVILLE, SC 28,09228.1k $554.3k $554.3k 0.04% Added +222 +222
71 Prime Capital Investment Advisors, LLC 0.01% of their portfolio OVERLAND PARK, KS 27,67327.7k $549.9k $549.9k 0.01% Added +2.7k +2,660
72 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 27,41527.4k $545.0k $545.0k 0.00% Reduced -18.5k -18,496
73 Bison Wealth, LLC 0.05% of their portfolio ATLANTA, GA 24,55024.6k $487.8k $487.8k 0.05% Reduced -2.2k -2,193
74 Norris Financial Group, LLC 0.23% of their portfolio GREENVILLE, SC 24,47024.5k $486.2k $486.2k 0.23% Added +6.8k +6,778
75 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 23,66423.7k $470.2k $470.2k 0.01% Reduced -342 -342
76 Summit Wealth Partners, LLC 0.09% of their portfolio Orlando, FL 22,88422.9k $454.7k $454.7k 0.09% Added +57 +57
77 GSG Advisors LLC 0.13% of their portfolio MOUNT LAUREL, NJ 20,08120.1k $393.2k $393.2k 0.13% Reduced -646 -646
78 TCFG WEALTH MANAGEMENT, LLC 0.18% of their portfolio LAGUNA NIGUEL, CA 17,96718.0k $357.0k $357.0k 0.18% Reduced -498 -498
79 Naviter Wealth, LLC 0.04% of their portfolio LITTLE ROCK, AR 17,62617.6k $350.8k $350.8k 0.04% Added +3.8k +3,761
80 Capital Investment Advisory Services, LLC 0.03% of their portfolio RALEIGH, NC 17,24417.2k $342.6k $342.6k 0.03% Added +612 +612
81 Golden State Wealth Management, LLC 0.05% of their portfolio SANTA ANA, CA 17,24217.2k $342.6k $342.6k 0.05% Reduced -2.4k -2,371
82 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 17,23517.2k $342.5k $342.5k 0.00% New
83 Snowden Capital Advisors LLC 0.01% of their portfolio New York, NY 16,89716.9k $335.7k $335.7k 0.01% Reduced -9.5k -9,495
84 Principle Wealth Partners LLC 0.02% of their portfolio MADISON, CT 16,35516.4k $325.0k $325.0k 0.02% Reduced -1.6k -1,624
85 JOURNEY STRATEGIC WEALTH LLC 0.01% of their portfolio SUMMIT, NJ 15,54615.5k $308.9k $308.9k 0.01% Reduced -1.0k -1,000
86 Ashton Thomas Private Wealth, LLC 0.01% of their portfolio SCOTTSDALE, AZ 15,31215.3k $304.2k $304.2k 0.01% Unchanged
87 KESTRA PRIVATE WEALTH SERVICES, LLC 0.00% of their portfolio AUSTIN, TX 15,01515.0k $298.3k $298.3k 0.00% Reduced -26.8k -26,787
88 Clearwater Capital Advisors, LLC 0.03% of their portfolio HOFFMAN ESTATES, IL 15,00015.0k $298.1k $298.1k 0.03% Unchanged
89 Rooted Wealth Advisors, Inc. 0.13% of their portfolio BOURBONNAIS, IL 14,65514.7k $292.0k $292.0k 0.13% Reduced -33 -33
90 Howard Capital Management, LLC 0.01% of their portfolio Alpharetta, GA 14,49214.5k $288.0k $288.0k 0.01% New
91 Simplicity Wealth,LLC 0.02% of their portfolio SUMMIT, NJ 14,20114.2k $282.2k $282.2k 0.02% New
92 Brookwood Investment Group LLC 0.05% of their portfolio PHOENIX, AZ 13,86213.9k $275.4k $275.4k 0.05% First filing
93 Alpha Cubed Investments, LLC 0.01% of their portfolio COSTA MESA, CA 13,58013.6k $269.8k $269.8k 0.01% New
94 Atria Investments, Inc 0.00% of their portfolio Charlotte, NC 13,36013.4k $265.5k $265.5k 0.00% Added +1.6k +1,584
95 NOVEM GROUP 0.04% of their portfolio Rochester, NY 13,00013.0k $258.3k $258.3k 0.04% Unchanged
96 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 12,64512.6k $251.0k $251.0k 0.00% Added +331 +331
97 CHILTON CAPITAL MANAGEMENT LLC 0.01% of their portfolio HOUSTON, TX 12,45312.5k $247.4k $247.4k 0.01% Unchanged
98 NAPLES GLOBAL ADVISORS, LLC 0.02% of their portfolio NAPLES, FL 12,00012.0k $238.4k $238.4k 0.02% Reduced -1.5k -1,500
99 INTEGRITY WEALTH ADVISORS, INC. 0.17% of their portfolio Ventura, CA 11,93111.9k $237.1k $237.1k 0.17% Reduced -2.4k -2,394
100 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 11,91011.9k $236.7k $236.7k 0.00% Added +8.7k +8,705