FIRST TR EXCH TRADED FD III FCAL
CALIF MUN INCM · ETP · CUSIP 33739P863
45
institutional holders
+8 vs Q1 2023
2.0m
shares reported held*
$96.0mreported value*
7 new
24 added
9 reduced
0 sold out
net bought ≈ $31.2m (+636.4k 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 ≈ $48.99.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 38 |
| Q4 2022 | 36 |
| Q1 2023 | 37 |
| Q2 2023 | 45 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 19 | 19 |
| Q1 2023 | 20 | 14 |
| Q2 2023 | 31 | 9 |
Biggest buyers
| Composition Wealth, LLC | Added | +323.1k |
| LPL Financial LLC | Added | +102.0k |
| JANE STREET GROUP, LLC | Added | +49.0k |
| MORGAN STANLEY | Added | +42.6k |
| ENVESTNET ASSET MANAGEMENT INC | New | +21.2k |
| Mariner, LLC | Added | +20.5k |
| FLAGSTAR SECURITIES, INC | New | +16.8k |
| UBS Group AG | Added | +14.3k |
| BANK OF MONTREAL /CAN/ | New | +9.7k |
| COMMONWEALTH EQUITY SERVICES, LLC | New | +9.4k |
Biggest sellers
| Allworth Financial LP | Reduced | -18.7k |
| Financial Advocates Investment Management | Reduced | -2.1k |
| Mutual Advisors, LLC | Reduced | -646 |
| Integrated Wealth Concepts LLC | Reduced | -508 |
| Warren Street Wealth Advisors, LLC | Reduced | -354 |
| Citizens Business Bank | Reduced | -250 |
| STIFEL FINANCIAL CORP | Reduced | -192 |
| Magnus Financial Group LLC | Reduced | -72 |
| TriaGen Wealth Management LLC | Reduced | -43 |
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.
| Holder | Stake |
|---|---|
| FIRST TRUST PORTFOLIOS LP 13G · institution new · filed 2025-10-29 | 5.6% |
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| Composition Wealth, LLC 0.69% of their portfolio | 465.0k $22.8m | Added +323.1k |
| LPL Financial LLC 0.01% of their portfolio | 349.8k $17.1m | Added +102.0k |
| Rockefeller Capital Management L.P. 0.03% of their portfolio | 153.5k $7.5m | First filing |
| MORGAN STANLEY 0.00% of their portfolio | 148.1k $7.3m | Added +42.6k |
| Citizens Business Bank 0.96% of their portfolio | 87.4k $4.3m | Reduced -250 |
| Westside Investment Management, Inc. 1.09% of their portfolio | 79.1k $3.9m | Added +1.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 71.3k $3.5m | Added +49.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 58.6k $2.9m | Added +4.5k |
| Southland Equity Partners LLC 0.68% of their portfolio | 41.4k $2.0m | Added +5.9k |
| Mariner, LLC 0.00% of their portfolio | 34.6k $1.7m | Added +20.5k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 33.6k $1.6m | Added +585 |
| Magnus Financial Group LLC 0.20% of their portfolio | 28.0k $1.4m | Reduced -72 |
| Mutual Advisors, LLC 0.05% of their portfolio | 26.8k $1.3m | Reduced -646 |
| Allworth Financial LP 0.01% of their portfolio | 24.7k $1.2m | Reduced -18.7k |
| Running Point Capital Advisors, LLC 0.64% of their portfolio | 23.2k $1.1m | Added +144 |
| Integrated Wealth Concepts LLC 0.02% of their portfolio | 22.2k $1.1m | Reduced -508 |
| UBS Group AG 0.00% of their portfolio | 21.6k $1.1m | Added +14.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 21.2k $1.0m | New |
| MANCHESTER FINANCIAL INC 0.29% of their portfolio | 21.1k $1.0m | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 21.0k $1.0m | Added +2.4k |
| FLAGSTAR SECURITIES, INC 0.31% of their portfolio | 16.8k $825.1k | New |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 16.7k $818.0k | Added +1.2k |
| MML INVESTORS SERVICES, LLC 0.00% of their portfolio | 16.4k $805.0k | Added +2.3k |
| Snowden Capital Advisors LLC 0.03% of their portfolio | 15.1k $739.9k | Added +9 |
| FLOW TRADERS U.S. LLC 0.03% of their portfolio | 14.7k $718.0k | Added +183 |
| Financial Advocates Investment Management 0.05% of their portfolio | 14.4k $705.9k | Reduced -2.1k |
| Perennial Investment Advisors, LLC 0.12% of their portfolio | 13.8k $675.9k | Added +3.6k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 13.1k $642.8k | Reduced -192 |
| INTEGRAL INVESTMENT ADVISORS, INC. 0.43% of their portfolio | 13.1k $639.3k | Added +900 |
| TriaGen Wealth Management LLC 0.26% of their portfolio | 11.7k $571.9k | Reduced -43 |
| AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio | 10.9k $532.0k | Added +54 |
| Warren Street Wealth Advisors, LLC 0.33% of their portfolio | 10.4k $507.3k | Reduced -354 |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 9.7k $477.8k | New |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 9.4k $461.0k | New |
| Stratos Wealth Advisors, LLC 0.03% of their portfolio | 9.3k $457.9k | New |
| Towerpoint Wealth, LLC 0.19% of their portfolio | 6.8k $333.9k | Added +1.5k |
| Cetera Investment Advisers 0.00% of their portfolio | 6.4k $312.0k | New |
| Kestra Advisory Services, LLC 0.00% of their portfolio | 5.3k $259.9k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 3.6k $177.5k | Added +3.6k |
| HARBOUR INVESTMENTS, INC. 0.01% of their portfolio | 3.5k $171.1k | Added +242 |
| Ameritas Investment Partners, Inc. 0.01% of their portfolio | 3.1k $150.2k | Added +1.5k |
| CHILTON CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 1.4k $69.3k | Unchanged |
| Global Retirement Partners, LLC 0.00% of their portfolio | 884 $43.3k | Added +4 |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 221 $10.8k | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |