Vault-13

FIRST TR EXCH TRADED FD III FPEI

INSTL PFD SECS · ETP · CUSIP 33739P855

211 institutional holders +23 vs Q3 2025
76,087,83576.1m shares reported held*
$1.5bnreported value*
27 new 97 added 60 reduced 10 sold out net bought ≈ $85.3m (+4.4m 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 ($130.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.37.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 110Q4 22: 136Q1 23: 143Q2 23: 138Q3 23: 136Q4 23: 156Q1 24: 154Q2 24: 168Q3 24: 165Q4 24: 187Q1 25: 182Q2 25: 181Q3 25: 188Q4 25: 211211Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022110
Q4 2022136
Q1 2023143
Q2 2023138
Q3 2023136
Q4 2023156
Q1 2024154
Q2 2024168
Q3 2024165
Q4 2024187
Q1 2025182
Q2 2025181
Q3 2025188
Q4 2025211

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 90 bought or addedQ1 24: 67 cut or sold outQ2 24: 91 bought or addedQ2 24: 70 cut or sold outQ2 24Q3 24: 89 bought or addedQ3 24: 65 cut or sold outQ4 24: 105 bought or addedQ4 24: 54 cut or sold outQ4 24Q1 25: 98 bought or addedQ1 25: 78 cut or sold outQ2 25: 82 bought or addedQ2 25: 89 cut or sold outQ2 25Q3 25: 101 bought or addedQ3 25: 85 cut or sold outQ4 25: 124 bought or addedQ4 25: 70 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20249067
Q2 20249170
Q3 20248965
Q4 202410554
Q1 20259878
Q2 20258289
Q3 202510185
Q4 202512470

Biggest buyers

MORGAN STANLEY Added +1,976,898+2.0m
SMITH CHAS P & ASSOCIATES PA CPAS Added +989,787+989.8k
ROYAL BANK OF CANADA Added +249,812+249.8k
Merit Financial Group, LLC Added +199,054+199.1k
RAYMOND JAMES FINANCIAL INC Added +190,427+190.4k
UBS Group AG Added +175,526+175.5k
Montis Financial, LLC Added +166,845+166.8k
HighTower Advisors, LLC Added +153,016+153.0k
TrueWealth Financial Partners New +111,376+111.4k
BANK OF AMERICA CORP /DE/ Added +107,568+107.6k

Biggest sellers

JPMORGAN CHASE & CO Reduced -295,681-295.7k
Synergy Asset Management, LLC Reduced -227,332-227.3k
Baird Financial Group, Inc. Reduced -169,714-169.7k
Wayfinding Financial, LLC Sold out -158,332-158.3k
von Borstel & Associates, Inc. Sold out -136,570-136.6k
ELEVATION WEALTH PARTNERS, LLC Reduced -115,568-115.6k
Creative Planning Sold out -41,881-41.9k
Essex LLC Reduced -35,828-35.8k
TBH Global Asset Management, LLC Sold out -29,521-29.5k
FLAGSTAR SECURITIES, INC Reduced -26,602-26.6k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 18,537,92318.5m $359.5m $359.5m 0.02% Added +2.0m +1,976,898
2 UBS Group AG 0.03% of their portfolio ZURICH, V8 9,002,6989.0m $174.6m $174.6m 0.03% Added +175.5k +175,526
3 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 5,023,9505.0m $97.4m $97.4m 0.02% Added +249.8k +249,812
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 4,652,5274.7m $90.2m $90.2m 0.01% Added +107.6k +107,568
5 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 4,355,4714.4m $84.5m $84.5m 0.02% Added +85.5k +85,475
6 NewEdge Advisors, LLC 0.18% of their portfolio NEW ORLEANS, LA 2,521,5412.5m $48.9m $48.9m 0.18% Added +42.6k +42,608
7 SMITH CHAS P & ASSOCIATES PA CPAS 2.43% of their portfolio LAKELAND, FL 2,380,4612.4m $46.2m $46.2m 2.43% Added +989.8k +989,787
8 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,907,1321.9m $37.0m $37.0m 0.01% Added +100.7k +100,749
9 Merit Financial Group, LLC 0.29% of their portfolio ALPHARETTA, GA 1,852,8411.9m $35.9m $35.9m 0.29% Added +199.1k +199,054
10 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,837,8721.8m $35.6m $35.6m 0.01% Added +190.4k +190,427
11 Montis Financial, LLC 6.65% of their portfolio WALTHAM, MA 1,735,4261.7m $33.6m $33.6m 6.65% Added +166.8k +166,845
12 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 1,357,5771.4m $26.3m $26.3m 0.04% Added +43.8k +43,775
13 FUKOKU MUTUAL LIFE INSURANCE Co 1.60% of their portfolio TOKYO, M0 1,259,0001.3m $24.4m $24.4m 1.60% Unchanged
14 Legacy Edge Advisors, LLC 2.38% of their portfolio SYOSSET, NY 1,123,2291.1m $21.8m $21.8m 2.38% Added +76.3k +76,326
15 Annex Advisory Services, LLC 0.36% of their portfolio BROOKFIELD, WI 972,278972.3k $18.9m $18.9m 0.36% Added +68.7k +68,734
16 CITIZENS FINANCIAL GROUP INC/RI 0.25% of their portfolio PROVIDENCE, RI 968,524968.5k $18.8m $18.8m 0.25% Reduced -688 -688
17 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 732,076732.1k $14.2m $14.2m 0.02% Added +51.8k +51,807
18 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 654,521654.5k $12.7m $12.7m 0.02% Added +6.4k +6,432
19 Essex LLC 2.21% of their portfolio DEER PARK, IL 642,258642.3k $12.5m $12.5m 2.21% Reduced -35.8k -35,828
20 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 617,650617.6k $12.0m $12.0m 0.02% Reduced -169.7k -169,714
21 INTEGRAL INVESTMENT ADVISORS, INC. 2.90% of their portfolio TURLOCK, CA 602,697602.7k $11.7m $11.7m 2.90% Added +14.7k +14,666
22 ADAMSBROWN WEALTH CONSULTANTS LLC 2.40% of their portfolio WICHITA, KS 445,203445.2k $8.6m $8.6m 2.40% Added +8.8k +8,773
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 439,895439.9k $8.5m $8.5m 0.00% Reduced -295.7k -295,681
24 Key Financial Inc 1.41% of their portfolio WEST CHESTER, PA 398,873398.9k $7.7m $7.7m 1.41% Reduced -22.0k -22,027
25 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 385,957386.0k $7.5m $7.5m 0.01% Added +153.0k +153,016
26 Westview Management dba Westview Investment Advisors 3.56% of their portfolio BURLINGTON, VT 385,775385.8k $7.5m $7.5m 3.56% First filing
27 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 382,369382.4k $7.4m $7.4m 0.01% Added +54.2k +54,184
28 Ocean Park Asset Management, LLC 0.32% of their portfolio SANTA MONICA, CA 355,500355.5k $6.9m $6.9m 0.32% Unchanged
29 Kingsview Wealth Management, LLC 0.10% of their portfolio GRANTS PASS, OR 355,279355.3k $6.9m $6.9m 0.10% Added +31.7k +31,697
30 Elevated Capital Advisors, LLC 1.60% of their portfolio SANDY, UT 353,914353.9k $6.9m $6.9m 1.60% Reduced -4.5k -4,504
31 Geneos Wealth Management Inc. 0.16% of their portfolio ENGLEWOOD, CO 339,397339.4k $6.6m $6.6m 0.16% Reduced -718 -718
32 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 335,389335.4k $6.5m $6.5m 0.01% Reduced -22.1k -22,129
33 Prospera Financial Services Inc 0.09% of their portfolio Dallas, TX 276,492276.5k $5.4m $5.4m 0.09% Reduced -4.1k -4,142
34 VISTA INVESTMENT MANAGEMENT 1.76% of their portfolio PITTSBURGH, PA 274,762274.8k $5.3m $5.3m 1.76% Added +6.8k +6,756
35 CWM, LLC 0.01% of their portfolio OMAHA, NE 243,819243.8k $4.7m $4.7m 0.01% Added +4.7k +4,716
36 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 235,810235.8k $4.6m $4.6m 0.01% Added +37.7k +37,726
37 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 222,966223.0k $4.3m $4.3m 0.02% Added +32.7k +32,660
38 McAdam, LLC 0.19% of their portfolio Philadelphia, PA 219,214219.2k $4.3m $4.3m 0.19% Added +56.6k +56,630
39 Synergy Investment Management, LLC 1.36% of their portfolio ALTAMONTE SPRINGS, FL 197,956198.0k $3.8m $3.8m 1.36% Added +2.3k +2,273
40 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 189,278189.3k $3.7m $3.7m 0.00% Added +15.8k +15,842
41 Synergy Asset Management, LLC 0.36% of their portfolio VANCOUVER, WA 177,348177.3k $3.4m $3.4m 0.36% Reduced -227.3k -227,332
42 VICTORY FINANCIAL GROUP, LLC 0.42% of their portfolio AUSTIN, TX 173,351173.4k $3.4m $3.4m 0.42% Added +8.1k +8,129
43 J.W. COLE ADVISORS, INC. 0.04% of their portfolio TAMPA, FL 171,659171.7k $1.8m $1.8m 0.04% Reduced -2.4k -2,408
44 Collaborative Wealth Managment Inc. 1.13% of their portfolio LAKE MARY, FL 165,370165.4k $3.2m $3.2m 1.13% Added +75.8k +75,784
45 MARSHALL INVESTMENT MANAGEMENT, LLC 1.40% of their portfolio LITTLETON, CO 143,914143.9k $2.8m $2.8m 1.40% Added +4.0k +3,963
46 Welch & Forbes LLC 0.03% of their portfolio Boston, MA 143,860143.9k $2.8m $2.8m 0.03% Reduced -2.0k -1,996
47 Clark Capital Management Group, Inc. 0.02% of their portfolio PHILADELPHIA, PA 141,743141.7k $2.7m $2.7m 0.02% Added +4.2k +4,151
48 1776 Wealth LLC 0.91% of their portfolio ATLANTA, GA 125,160125.2k $2.4m $2.4m 0.91% Added +588 +588
49 Veridan Wealth LLC 0.81% of their portfolio WEST LINN, OR 124,283124.3k $2.4m $2.4m 0.81% Added +2.5k +2,471
50 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 120,430120.4k $2.3m $2.3m 0.00% Reduced -18.9k -18,866
51 WINEBRENNER CAPITAL MANAGEMENT LLC 1.53% of their portfolio LOUISVILLE, KY 118,516118.5k $2.3m $2.3m 1.53% Reduced -1.7k -1,731
52 PARK NATIONAL CORP /OH/ 0.07% of their portfolio NEWARK, OH 114,940114.9k $2.2m $2.2m 0.07% Added +23.3k +23,295
53 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.12% of their portfolio CEDAR RAPIDS, IA 113,137113.1k $2.2m $2.2m 0.12% Added +17.8k +17,775
54 WEDBUSH SECURITIES INC 0.06% of their portfolio PASADENA, CA 112,281112.3k $2.2m $2.2m 0.06% Reduced -17.1k -17,082
55 FLYNN ZITO CAPITAL MANAGEMENT, LLC 0.78% of their portfolio GARDEN CITY, NY 112,043112.0k $2.2m $2.2m 0.78% Added +4.3k +4,349
56 TrueWealth Financial Partners 1.78% of their portfolio BELLEVUE, WA 111,376111.4k $2.2m $2.2m 1.78% New
57 True Blue Financial, LLC 1.78% of their portfolio STEVENSVILLE, MI 111,376111.4k $2.2m $2.2m 1.78% First filing
58 BEACON FINANCIAL GROUP 0.21% of their portfolio DALLAS, TX 111,119111.1k $2.2m $2.2m 0.21% Reduced -10.0k -9,980
59 Keebeck Wealth Management 0.25% of their portfolio Chicago, IL 109,750109.8k $2.1m $2.1m 0.25% Unchanged
60 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 106,733106.7k $2.1m $2.1m 0.00% Added +7.6k +7,564
61 StoneCrest Wealth Management, Inc. 0.83% of their portfolio CHANDLER, AZ 105,883105.9k $2.1m $2.1m 0.83% New
62 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 105,195105.2k $2.0m $2.0m 0.01% Added +33.8k +33,814
63 United Capital Management of KS, Inc. 0.14% of their portfolio SALINA, KS 104,530104.5k $2.0m $2.0m 0.14% Added +53.6k +53,638
64 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 100,072100.1k $1.9m $1.9m 0.00% Added +9.5k +9,477
65 Visionary Wealth Advisors 0.08% of their portfolio O'FALLON, IL 96,79396.8k $1.9m $1.9m 0.08% Reduced -6.5k -6,479
66 Ashton Thomas Private Wealth, LLC 0.04% of their portfolio SCOTTSDALE, AZ 92,33092.3k $1.8m $1.8m 0.04% Added +3.7k +3,739
67 COMERICA BANK 0.01% of their portfolio DALLAS, TX 90,61590.6k $1.8m $1.8m 0.01% Reduced -26.5k -26,453
68 Composition Wealth, LLC 0.02% of their portfolio LOS ANGELES, CA 89,61389.6k $1.7m $1.7m 0.02% Reduced -21.6k -21,568
69 Beacon Financial Advisory LLC 0.39% of their portfolio CLEVELAND, OH 87,46287.5k $1.7m $1.7m 0.39% Added +17.6k +17,623
70 LANARK FINANCIAL, INC. 0.12% of their portfolio BIRMINGHAM, AL 85,09085.1k $1.6m $1.6m 0.12% Added +5.6k +5,572
71 PRINCIPAL SECURITIES, INC. 0.02% of their portfolio DES MOINES, IA 83,24583.2k $1.6m $1.6m 0.02% Added +6.8k +6,787
72 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 80,61880.6k $1.6m $1.6m 0.01% Added +1.6k +1,615
73 Lakeridge Wealth Management LLC 0.69% of their portfolio MENTOR, OH 78,68378.7k $1.5m $1.5m 0.69% Reduced -2.0k -2,017
74 Merkkuri Wealth Advisors LLC 1.03% of their portfolio HICKSVILLE, NY 78,06678.1k $1.5m $1.5m 1.03% New
75 Walker Asset Management, LLC 0.80% of their portfolio SPRINGFIELD, MO 76,56276.6k $1.5m $1.5m 0.80% Reduced -2.2k -2,159
76 Jaffetilchin Investment Partners, LLC 0.08% of their portfolio TAMPA, FL 72,93572.9k $1.4m $1.4m 0.08% Added +8.0k +7,992
77 INTEGRITY ALLIANCE, LLC. 0.05% of their portfolio Urbandale, IA 72,61172.6k $1.4m $1.4m 0.05% Added +5.4k +5,394
78 FWL INVESTMENT MANAGEMENT, LLC 0.33% of their portfolio Dallas, TX 71,09571.1k $1.4m $1.4m 0.33% Reduced -2.1k -2,075
79 SUTTON PLACE INVESTORS LLC 0.73% of their portfolio ARMONK, NY 68,59568.6k $1.3m $1.3m 0.73% Added +806 +806
80 QP WEALTH MANAGEMENT, LLC 1.11% of their portfolio BOCA RATON, FL 65,18265.2k $1.3m $1.3m 1.11% First filing
81 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 65,09065.1k $1.3m $1.3m 0.03% Reduced -538 -538
82 Platform Technology Partners 0.27% of their portfolio NEW YORK, NY 64,52564.5k $1.3m $1.3m 0.27% Added +8.0k +7,994
83 Princeton Global Asset Management LLC 0.20% of their portfolio PRINCETON, NJ 62,99463.0k $1.2m $1.2m 0.20% Reduced -2.2k -2,197
84 ROMAN BUTLER FULLERTON & CO 0.32% of their portfolio ST LOUIS, MO 62,99263.0k $1.2m $1.2m 0.32% New
85 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 62,69562.7k $1.2m $1.2m 0.01% Reduced -21.2k -21,232
86 Snowden Capital Advisors LLC 0.03% of their portfolio New York, NY 61,07261.1k $1.2m $1.2m 0.03% Added +5.1k +5,071
87 Integrated Advisors Network LLC 0.05% of their portfolio DALLAS, TX 60,40560.4k $1.2m $1.2m 0.05% Added +3.1k +3,140
88 TRUSTMARK BANK TRUST DEPARTMENT 0.07% of their portfolio JACKSON, MS 60,22860.2k $1.2m $1.2m 0.07% Unchanged
89 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.02% of their portfolio Seattle, WA 59,70159.7k $1.2m $1.2m 0.02% Reduced -5.6k -5,593
90 SHELTON WEALTH MANAGEMENT, LLC 0.48% of their portfolio FORT WORTH, TX 56,48356.5k $1.1m $1.1m 0.48% Reduced -131 -131
91 SILVER OAK SECURITIES, INCORPORATED 0.07% of their portfolio JACKSON, TN 53,90153.9k $1.0m $1.0m 0.07% Added +676 +676
92 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 53,64153.6k $1.0m $1.0m 0.01% Added +420 +420
93 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 52,38452.4k $1.0m $1.0m 0.00% Added +2.4k +2,402
94 Ritter Daniher Financial Advisory LLC / DE 0.17% of their portfolio CINCINNATI, OH 52,19652.2k $1.0m $1.0m 0.17% Added +3.5k +3,544
95 Western Wealth Management, LLC 0.05% of their portfolio GOLDEN, CO 51,31051.3k $994.9k $994.9k 0.05% Reduced -780 -780
96 Magnus Financial Group LLC 0.08% of their portfolio NEW YORK, NY 50,92450.9k $987.4k $987.4k 0.08% Reduced -261 -261
97 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 50,71050.7k $983.0k $983.0k 0.01% Added +2.1k +2,096
98 ELEVATION WEALTH PARTNERS, LLC 0.33% of their portfolio WALNUT CREEK, CA 48,56048.6k $941.6k $941.6k 0.33% Reduced -115.6k -115,568
99 StoneX Group Inc. 0.04% of their portfolio NEW YORK, NY 47,80047.8k $926.8k $926.8k 0.04% Reduced -1.2k -1,245
100 Plotkin Financial Advisors, LLC 0.42% of their portfolio CHEVY CHASE, MD 44,60144.6k $864.8k $864.8k 0.42% Added +7.2k +7,226