Vault-13

FIRST TR EXCH TRADED FD III FSMB

SHRT DUR MNG MUN · ETP · CUSIP 33739P830

140 institutional holders +0 vs Q1 2026
26,411,25226.4m shares reported held*
$527.6mreported value*
15 new 67 added 30 reduced 16 sold out net bought ≈ $65.0m (+3.3m 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 ($1.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.98.

Trends to Q2 2026

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: 132Q2 25: 131Q3 25: 129Q4 25: 140Q1 26: 140Q2 26: 140140Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022100
Q4 2022109
Q1 2023108
Q2 2023112
Q3 2023115
Q4 2023124
Q1 2024119
Q2 2024121
Q3 2024122
Q4 2024133
Q1 2025132
Q2 2025131
Q3 2025129
Q4 2025140
Q1 2026140
Q2 2026140

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 55 bought or addedQ3 24: 47 cut or sold outQ4 24: 64 bought or addedQ4 24: 48 cut or sold outQ4 24Q1 25: 62 bought or addedQ1 25: 59 cut or sold outQ2 25: 61 bought or addedQ2 25: 50 cut or sold outQ2 25Q3 25: 68 bought or addedQ3 25: 45 cut or sold outQ4 25: 75 bought or addedQ4 25: 48 cut or sold outQ4 25Q1 26: 83 bought or addedQ1 26: 51 cut or sold outQ2 26: 82 bought or addedQ2 26: 46 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20245547
Q4 20246448
Q1 20256259
Q2 20256150
Q3 20256845
Q4 20257548
Q1 20268351
Q2 20268246

Biggest buyers

Waverly Advisors, LLC New +701,965+702.0k
XML Financial, LLC New +519,295+519.3k
COMMONWEALTH EQUITY SERVICES, LLC Added +457,669+457.7k
Cambridge Investment Research Advisors, Inc. Added +315,716+315.7k
OSAIC HOLDINGS, INC. Added +242,736+242.7k
LPL Financial LLC Added +229,136+229.1k
Principle Wealth Partners LLC Added +200,000+200.0k
RAYMOND JAMES FINANCIAL INC Added +197,450+197.4k
JANE STREET GROUP, LLC Added +182,989+183.0k
Elequin Capital, LP New +133,130+133.1k

Biggest sellers

Corient Private Wealth LP Reduced -195,610-195.6k
GOLDMAN SACHS GROUP INC Reduced -185,579-185.6k
Independent Advisor Alliance Sold out -86,209-86.2k
Gateway Wealth Partners, LLC Reduced -57,226-57.2k
Security Financial Services, INC. Sold out -54,846-54.8k
HighTower Advisors, LLC Reduced -53,166-53.2k
Summit Financial, LLC Sold out -50,384-50.4k
WADDELL & ASSOCIATES, LLC Sold out -39,682-39.7k
Sowell Financial Services LLC Reduced -24,903-24.9k
OLD MISSION CAPITAL LLC Sold out -23,164-23.2k

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, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,246,3935.2m $104.9m $104.9m 0.01% Added +99.9k +99,859
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 2,496,6092.5m $49.9m $49.9m 0.01% Added +229.1k +229,136
3 RMR Wealth Builders 1.43% of their portfolio Montclair, NJ 1,151,4541.2m $23.0m $23.0m 1.43% Added +74.2k +74,187
4 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 896,202896.2k $17.9m $17.9m 0.02% Reduced -53.2k -53,166
5 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 857,020857.0k $17.1m $17.1m 0.02% Reduced -195.6k -195,610
6 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 730,841730.8k $14.6m $14.6m 0.02% Added +457.7k +457,669
7 UBS Group AG 0.00% of their portfolio ZURICH, V8 713,289713.3k $14.3m $14.3m 0.00% Added +35.2k +35,165
8 Waverly Advisors, LLC 0.08% of their portfolio BIRMINGHAM, AL 701,965702.0k $14.0m $14.0m 0.08% New
9 PFS Partners, LLC 5.46% of their portfolio MINE HILL, NJ 674,660674.7k $13.5m $13.5m 5.46% Reduced -10.6k -10,635
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 657,968658.0k $13.2m $13.2m 0.00% Added +197.4k +197,450
11 VAQUERO PRIVATE WEALTH, LTD 2.48% of their portfolio DALLAS, TX 601,749601.7k $12.0m $12.0m 2.48% First filing
12 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 593,655593.7k $11.9m $11.9m 0.01% Added +41.7k +41,659
13 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 593,238593.2k $11.9m $11.9m 0.01% Added +315.7k +315,716
14 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 523,415523.4k $10.5m $10.5m 0.02% Added +13.6k +13,627
15 XML Financial, LLC 0.76% of their portfolio BETHESDA, MD 519,295519.3k $10.4m $10.4m 0.76% New
16 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 511,049511.0k $10.2m $10.2m 0.03% Reduced -20.1k -20,096
17 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 447,272447.3k $8.9m $8.9m 0.01% Added +242.7k +242,736
18 EnRich Financial Partners LLC 2.09% of their portfolio MADISON, WI 440,062440.1k $8.8m $8.8m 2.09% Added +24.4k +24,443
19 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 418,603418.6k $8.4m $8.4m 0.00% Added +4.5k +4,480
20 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 389,403389.4k $7.8m $7.8m 0.00% Added +11.6k +11,572
21 Francis Financial, Inc. 1.17% of their portfolio NEW YORK, NY 357,852357.9k $7.2m $7.2m 1.17% Added +501 +501
22 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 354,639354.6k $7.1m $7.1m 0.00% Added +31.6k +31,624
23 Per Stirling Capital Management, LLC. 0.60% of their portfolio AUSTIN, TX 314,616314.6k $6.3m $6.3m 0.60% Added +16.5k +16,454
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 297,628297.6k $5.9m $5.9m 0.00% Added +87.4k +87,373
25 Allworth Financial LP 0.02% of their portfolio FOLSOM, CA 283,413283.4k $5.7m $5.7m 0.02% Added +63.6k +63,601
26 Nilsine Partners, LLC 0.39% of their portfolio GREENWOOD VILLAGE, CO 281,292281.3k $5.6m $5.6m 0.39% Reduced -757 -757
27 CONDOR CAPITAL MANAGEMENT 0.37% of their portfolio MARTINSVILLE, NJ 248,150248.2k $5.0m $5.0m 0.37% Reduced -496 -496
28 True Blue Financial, LLC 2.01% of their portfolio STEVENSVILLE, MI 238,019238.0k $4.8m $4.8m 2.01% Added +26.9k +26,857
29 Principle Wealth Partners LLC 0.23% of their portfolio MADISON, CT 231,493231.5k $4.6m $4.6m 0.23% Added +200.0k +200,000
30 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 221,365221.4k $4.4m $4.4m 0.00% Added +28.8k +28,793
31 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 200,133200.1k $4.0m $4.0m 0.00% Added +183.0k +182,989
32 Gateway Wealth Partners, LLC 0.21% of their portfolio APPLETON, WI 176,814176.8k $3.5m $3.5m 0.21% Reduced -57.2k -57,226
33 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 158,133158.1k $3.2m $3.2m 0.01% Added +20.7k +20,703
34 IFP Advisors, Inc 0.05% of their portfolio TAMPA, FL 136,134136.1k $2.7m $2.7m 0.05% Reduced -1.1k -1,112
35 RFG Advisory, LLC 0.04% of their portfolio BIRMINGHAM, AL 133,263133.3k $2.7m $2.7m 0.04% Added +13.4k +13,355
36 Elequin Capital, LP 0.09% of their portfolio NEW YORK, NY 133,130133.1k $2.7m $2.7m 0.09% New
37 CARY STREET PARTNERS FINANCIAL LLC 0.05% of their portfolio RICHMOND, VA 122,620122.6k $2.5m $2.5m 0.05% New
38 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 121,636121.6k $2.4m $2.4m 0.01% Added +10.5k +10,454
39 Copper Harbor Investment Advisors, LLC 0.51% of their portfolio APPLETON, WI 119,960120.0k $2.4m $2.4m 0.51% First filing
40 Dynamic Advisor Solutions LLC 0.06% of their portfolio PHOENIX, AZ 112,127112.1k $2.2m $2.2m 0.06% Added +8.4k +8,356
41 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 108,917108.9k $2.2m $2.2m 0.01% Added +278 +278
42 Envestnet Portfolio Solutions, Inc. 0.01% of their portfolio BERWYN, PA 103,456103.5k $2.1m $2.1m 0.01% Added +5.4k +5,428
43 Orion Porfolio Solutions, LLC 0.02% of their portfolio OMAHA, NE 101,268101.3k $2.0m $2.0m 0.02% Reduced -8.0k -8,041
44 MGO ONE SEVEN LLC 0.03% of their portfolio Beachwood, OH 99,85699.9k $2.0m $2.0m 0.03% Added +5.1k +5,146
45 Tower Research Capital LLC (TRC) 0.05% of their portfolio NEW YORK, NY 92,06892.1k $1.8m $1.8m 0.05% Added +89.9k +89,874
46 Insight Inv LLC 0.86% of their portfolio EL SEGUNDO, CA 91,48591.5k $1.8m $1.8m 0.86% Added +4.7k +4,675
47 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 88,07788.1k $1.8m $1.8m 0.01% Added +7.5k +7,497
48 Hobart Private Capital, LLC 0.30% of their portfolio CHARLOTTE, NC 86,09386.1k $1.7m $1.7m 0.30% Added +19.2k +19,221
49 STEPHENS INC /AR/ 0.02% of their portfolio LITTLE ROCK, AR 81,82181.8k $1.6m $1.6m 0.02% Reduced -20.3k -20,304
50 GENESIS PRIVATE WEALTH, LLC 0.45% of their portfolio ASHBURN, VA 79,64679.6k $1.6m $1.6m 0.45% Added +7.0k +6,978
51 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 77,86077.9k $1.6m $1.6m 0.00% Reduced -9.1k -9,057
52 Vestmark Advisory Solutions, Inc. 0.01% of their portfolio Wakefield, MA 76,78976.8k $1.5m $1.5m 0.01% Reduced -11.0k -11,039
53 ELEVATION POINT WEALTH PARTNERS, LLC 0.03% of their portfolio DENVER, CO 76,78976.8k $1.5m $1.5m 0.03% Reduced -11.0k -11,039
54 ARBOR CAPITAL MANAGEMENT INC /ADV 1.37% of their portfolio ANCHORAGE, AK 69,92269.9k $1.4m $1.4m 1.37% Added +278 +278
55 Occidental Asset Management, LLC 0.13% of their portfolio Burlingame, CA 66,35866.4k $1.3m $1.3m 0.13% Added +22.2k +22,247
56 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 63,79363.8k $1.3m $1.3m 0.01% Added +1.9k +1,869
57 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 63,39363.4k $1.3m $1.3m 0.02% Reduced -5.9k -5,942
58 AVAII WEALTH MANAGEMENT, LLC 0.32% of their portfolio APPLETON, WI 54,12654.1k $1.1m $1.1m 0.32% Reduced -1.0k -1,038
59 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 53,82453.8k $1.1m $1.1m 0.00% Added +8.6k +8,619
60 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 53,42153.4k $1.1m $1.1m 0.01% Added +3.1k +3,135
61 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 49,45749.5k $988.6k $988.6k 0.01% Added +1.4k +1,395
62 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 48,33448.3k $966.2k $966.2k 0.00% Added +2.1k +2,114
63 Pine Valley Investments Ltd Liability Co 0.04% of their portfolio MARLTON, NJ 47,75547.8k $954.6k $954.6k 0.04% Reduced -12.3k -12,287
64 CASTLE WEALTH MANAGEMENT LLC 0.27% of their portfolio BOYNTON BEACH, FL 46,21046.2k $923.7k $923.7k 0.27% Reduced -5.7k -5,732
65 FSB PREMIER WEALTH MANAGEMENT, INC. 0.25% of their portfolio WATERLOO, IA 45,21445.2k $903.8k $903.8k 0.25% Reduced -4.8k -4,774
66 JAMES INVESTMENT RESEARCH, INC. 0.09% of their portfolio ALPHA, OH 42,88042.9k $857.2k $857.2k 0.09% Unchanged
67 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 40,12540.1k $802.1k $802.1k 0.01% Added +595 +595
68 Sowell Financial Services LLC 0.03% of their portfolio NORTH LITTLE ROCK, AR 38,83238.8k $776.3k $776.3k 0.03% Reduced -24.9k -24,903
69 STONEHAVEN WEALTH & TAX SOLUTIONS, LLC 0.60% of their portfolio APPLETON, WI 37,50037.5k $749.6k $749.6k 0.60% Added +2.2k +2,236
70 Keating Financial Advisory Services, Inc. 0.10% of their portfolio MANHATTAN, KS 36,79736.8k $735.6k $735.6k 0.10% Added +4.9k +4,852
71 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 35,62735.6k $712.2k $712.2k 0.00% Reduced -3.6k -3,600
72 TRUST CO OF OKLAHOMA 0.17% of their portfolio TULSA, OK 33,34333.3k $666.5k $666.5k 0.17% Unchanged
73 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 33,22933.2k $664.3k $664.3k 0.01% Reduced -521 -521
74 Norris Financial Group, LLC 0.26% of their portfolio GREENVILLE, SC 32,35332.4k $646.7k $646.7k 0.26% Unchanged
75 DAYMARK WEALTH PARTNERS, LLC 0.02% of their portfolio CINCINNATI, OH 31,71731.7k $634.0k $634.0k 0.02% Added +219 +219
76 Eldridge Investment Advisors, Inc. 0.12% of their portfolio MANCHESTER, NH 31,49131.5k $629.5k $629.5k 0.12% Unchanged
77 CAPITAL FINANCIAL GROUP INC\CO\ /ADV 0.33% of their portfolio LITTLETON, CO 31,16531.2k $623.0k $623.0k 0.33% Added +265 +265
78 Sigma Planning Corp 0.02% of their portfolio ANN ARBOR, MI 30,14230.1k $602.5k $602.5k 0.02% Reduced -287 -287
79 INSPIRION WEALTH ADVISORS, LLC 0.07% of their portfolio LIBERTYVILLE, IL 29,87029.9k $597.1k $597.1k 0.07% Reduced -700 -700
80 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 29,10429.1k $581.8k $581.8k 0.01% New
81 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 28,82128.8k $576.4k $576.4k 0.00% Reduced -1.7k -1,668
82 Foster Victor Wealth Advisors, LLC 0.03% of their portfolio GREENVILLE, SC 27,76827.8k $555.4k $555.4k 0.03% Added +328 +328
83 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 25,25925.3k $505.0k $505.0k 0.00% New
84 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 24,51324.5k $490.0k $490.0k 0.01% Added +4.5k +4,454
85 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 24,44524.4k $488.7k $488.7k 0.00% Added +13.8k +13,784
86 GeoWealth Management, LLC 0.02% of their portfolio CHICAGO, IL 24,12924.1k $482.3k $482.3k 0.02% New
87 Summit Wealth Partners, LLC 0.07% of their portfolio Orlando, FL 23,54223.5k $470.6k $470.6k 0.07% Added +148 +148
88 World Investment Advisors 0.01% of their portfolio LINCROFT, NJ 22,40722.4k $447.2k $447.2k 0.01% Unchanged
89 OneDigital Investment Advisors LLC 0.00% of their portfolio OVERLAND PARK, KS 22,03922.0k $440.6k $440.6k 0.00% Added +5.7k +5,667
90 ONE PLUS ONE WEALTH MANAGEMENT, LLC 0.18% of their portfolio JUPITER, FL 21,11921.1k $422.2k $422.2k 0.18% Unchanged
91 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 20,23420.2k $404.5k $404.5k 0.00% Added +5.9k +5,934
92 Capital Investment Advisory Services, LLC 0.02% of their portfolio RALEIGH, NC 19,45019.4k $388.8k $388.8k 0.02% Reduced -1.3k -1,293
93 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 18,30218.3k $365.9k $365.9k 0.00% Added +3.8k +3,779
94 Uniting Wealth Partners, LLC 0.07% of their portfolio DENVER, CO 17,62617.6k $352.3k $352.3k 0.07% Unchanged
95 Coppell Advisory Solutions LLC 0.00% of their portfolio COPPELL, TX 17,34517.3k $20.7k $20.7k 0.00% New
96 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 17,25817.3k $345.0k $345.0k 0.00% New
97 NOVEM GROUP 0.03% of their portfolio Rochester, NY 16,90016.9k $337.8k $337.8k 0.03% Reduced -23 -23
98 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 16,88316.9k $337.5k $337.5k 0.00% Added +1.5k +1,508
99 Keystone Wealth Services, LLC 0.06% of their portfolio PALM DESERT, CA 16,50016.5k $329.8k $329.8k 0.06% Unchanged
100 WealthCare Investment Partners, LLC 0.08% of their portfolio PORTSMOUTH, RI 16,25216.3k $324.9k $324.9k 0.08% Reduced -291 -291