Vault-13

FIRST TR EXCH TRADED FD III FCAL

CALIF MUN INCM · ETP · CUSIP 33739P863

82 institutional holders +6 vs Q1 2025
4,675,5964.7m shares reported held*
$224.3mreported value*
9 new 33 added 21 reduced 5 sold out net bought ≈ $14.6m (+304.4k 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 ≈ $47.96.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 38Q4 22: 36Q1 23: 37Q2 23: 45Q3 23: 43Q4 23: 54Q1 24: 53Q2 24: 56Q3 24: 60Q4 24: 71Q1 25: 76Q2 25: 8282Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202238
Q4 202236
Q1 202337
Q2 202345
Q3 202343
Q4 202354
Q1 202453
Q2 202456
Q3 202460
Q4 202471
Q1 202576
Q2 202582

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 23: 24 bought or addedQ3 23: 13 cut or sold outQ4 23: 32 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 32 bought or addedQ1 24: 22 cut or sold outQ2 24: 36 bought or addedQ2 24: 12 cut or sold outQ2 24Q3 24: 35 bought or addedQ3 24: 24 cut or sold outQ4 24: 48 bought or addedQ4 24: 15 cut or sold outQ4 24Q1 25: 39 bought or addedQ1 25: 26 cut or sold outQ2 25: 42 bought or addedQ2 25: 26 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232413
Q4 20233217
Q1 20243222
Q2 20243612
Q3 20243524
Q4 20244815
Q1 20253926
Q2 20254226

Biggest buyers

LPL Financial LLC Added +70,421+70.4k
JANE STREET GROUP, LLC Added +56,132+56.1k
OLD MISSION CAPITAL LLC New +33,265+33.3k
Elequin Capital, LP New +32,962+33.0k
Rockefeller Capital Management L.P. Added +29,000+29.0k
ROYAL BANK OF CANADA Added +22,400+22.4k
GUGGENHEIM CAPITAL LLC Added +20,964+21.0k
MGO ONE SEVEN LLC Added +20,595+20.6k
Mariner, LLC Added +17,309+17.3k
Envestnet Portfolio Solutions, Inc. Added +14,532+14.5k

Biggest sellers

GTS SECURITIES LLC Sold out -28,159-28.2k
Composition Wealth, LLC Reduced -27,430-27.4k
New Insight Wealth Advisors Reduced -15,040-15.0k
OSAIC HOLDINGS, INC. Reduced -12,784-12.8k
TWIN PEAKS WEALTH ADVISORS, LLC Reduced -10,205-10.2k
Advisor Resource Council Sold out -9,234-9.2k
TOWNSQUARE CAPITAL LLC Sold out -9,069-9.1k
FLOW TRADERS U.S. LLC Reduced -6,206-6.2k
SeaCrest Wealth Management, LLC Sold out -4,546-4.5k
Catalina Capital Group, LLC Reduced -3,418-3.4k

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 2025-10-29 5.6% new 216.4k≈ $10.7m 2025-10-29

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Composition Wealth, LLC 1.59% of their portfolio LOS ANGELES, CA 1,971,6952.0m $94.6m $94.6m 1.59% Reduced -27.4k -27,430
2 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 787,882787.9k $37.8m $37.8m 0.01% Added +70.4k +70,421
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 210,892210.9k $10.1m $10.1m 0.00% Added +12.7k +12,721
4 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 152,618152.6k $7.3m $7.3m 0.00% Added +22.4k +22,400
5 Citizens Business Bank 1.17% of their portfolio ONTARIO, CA 125,718125.7k $6.0m $6.0m 1.17% Added +2.6k +2,643
6 Westside Investment Management, Inc. 0.98% of their portfolio SANTA MONICA, CA 110,095110.1k $5.3m $5.3m 0.98% Added +7.1k +7,060
7 GUGGENHEIM CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 105,477105.5k $5.1m $5.1m 0.04% Added +21.0k +20,964
8 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 88,95489.0k $4.3m $4.3m 0.01% Added +56.1k +56,132
9 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 65,90465.9k $3.2m $3.2m 0.01% Added +9.9k +9,904
10 Mariner, LLC 0.00% of their portfolio Overland Park, KS 59,65359.7k $2.9m $2.9m 0.00% Added +17.3k +17,309
11 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 58,00058.0k $2.8m $2.8m 0.00% Added +29.0k +29,000
12 Southland Equity Partners LLC 0.57% of their portfolio WILDWOOD, MO 54,23154.2k $2.6m $2.6m 0.57% Added +13.7k +13,651
13 Compound Planning, Inc. 0.09% of their portfolio NEW YORK, NY 48,65248.7k $2.3m $2.3m 0.09% Added +7.0k +7,006
14 Ignite Planners, LLC 0.38% of their portfolio SAN CLEMENTE, CA 46,13646.1k $2.2m $2.2m 0.38% Unchanged
15 UBS Group AG 0.00% of their portfolio ZURICH, V8 44,46344.5k $2.1m $2.1m 0.00% Added +2.7k +2,731
16 Magnus Financial Group LLC 0.17% of their portfolio NEW YORK, NY 40,75240.8k $2.0m $2.0m 0.17% Added +8.9k +8,860
17 Running Point Capital Advisors, LLC 0.47% of their portfolio EL SEGUNDO, CA 35,41535.4k $1.7m $1.7m 0.47% Reduced -3.0k -3,037
18 MGO ONE SEVEN LLC 0.05% of their portfolio Beachwood, OH 34,87534.9k $1.7m $1.7m 0.05% Added +20.6k +20,595
19 OLD MISSION CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 33,26533.3k $1.6m $1.6m 0.04% New
20 Elequin Capital, LP 0.22% of their portfolio NEW YORK, NY 32,96233.0k $1.6m $1.6m 0.22% New
21 CHANNEL WEALTH LLC 0.43% of their portfolio SANTA BARBARA, CA 31,80831.8k $1.5m $1.5m 0.43% Added +2.1k +2,111
22 INTEGRAL INVESTMENT ADVISORS, INC. 0.37% of their portfolio TURLOCK, CA 27,14827.1k $1.3m $1.3m 0.37% Added +1.7k +1,701
23 Blue Zone Wealth Advisors, LLC 0.28% of their portfolio LOS ANGELES, CA 23,78623.8k $1.1m $1.1m 0.28% Added +9.0k +8,999
24 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 22,79022.8k $1.1m $1.1m 0.00% Added +584 +584
25 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 22,41822.4k $1.1m $1.1m 0.00% Reduced -12.8k -12,784
26 Mutual Advisors, LLC 0.03% of their portfolio OMAHA, NE 21,65621.7k $1.0m $1.0m 0.03% Reduced -1.4k -1,353
27 Entruity Wealth, LLC 0.84% of their portfolio BAKERSFIELD, CA 20,51720.5k $984.2k $984.2k 0.84% Reduced -470 -470
28 Catalina Capital Group, LLC 0.65% of their portfolio Torrance, CA 19,94419.9k $956.7k $956.7k 0.65% Reduced -3.4k -3,418
29 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 19,71219.7k $946.0k $946.0k 0.00% Added +30 +30
30 MANCHESTER FINANCIAL INC 0.19% of their portfolio Westlake Village, CA 19,42019.4k $931.6k $931.6k 0.19% Reduced -1.7k -1,700
31 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 18,66218.7k $895.2k $895.2k 0.00% Added +14.5k +14,532
32 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 18,50618.5k $888.0k $888.0k 0.00% Added +3.0k +2,982
33 FORONJY FINANCIAL LLC 0.39% of their portfolio Los Osos, CA 17,26517.3k $828.2k $828.2k 0.39% First filing
34 New Insight Wealth Advisors 0.30% of their portfolio SAN RAMON, CA 15,16215.2k $727.3k $727.3k 0.30% Reduced -15.0k -15,040
35 Tidemark, LLC 0.23% of their portfolio SAN DIEGO, CA 14,78014.8k $709.0k $709.0k 0.23% Reduced -1.4k -1,413
36 Climber Capital SA 0.45% of their portfolio NYON, V8 14,63514.6k $698.2k $698.2k 0.45% Unchanged
37 CENTAURUS FINANCIAL, INC. 0.03% of their portfolio ANAHEIM, CA 11,98512.0k $575.0k $575.0k 0.03% Unchanged
38 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 11,98412.0k $574.9k $574.9k 0.00% Reduced -708 -708
39 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 11,87511.9k $569.6k $569.6k 0.00% New
40 CLIFFORD SWAN INVESTMENT COUNSEL LLC 0.02% of their portfolio PASADENA, CA 11,34511.3k $544.2k $544.2k 0.02% Added +420 +420
41 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 9,7389.7k $467.1k $467.1k 0.00% New
42 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 9,4259.4k $452.1k $452.1k 0.00% Reduced -1.7k -1,684
43 Warren Street Wealth Advisors, LLC 0.14% of their portfolio IRVINE, CA 9,0699.1k $435.0k $435.0k 0.14% Reduced -236 -236
44 Perennial Investment Advisors, LLC 0.04% of their portfolio Los Angeles, CA 8,9288.9k $428.2k $428.2k 0.04% Added +2.1k +2,136
45 FLOW TRADERS U.S. LLC 0.01% of their portfolio NEW YORK, NY 8,1188.1k $389.0k $389.0k 0.01% Reduced -6.2k -6,206
46 Towerpoint Wealth, LLC 0.16% of their portfolio SACRAMENTO, CA 7,5467.5k $362.0k $362.0k 0.16% Reduced -670 -670
47 KINGSWOOD WEALTH ADVISORS, LLC 0.03% of their portfolio SAN DIEGO, CA 7,2227.2k $346.4k $346.4k 0.03% Unchanged
48 Golden State Wealth Management, LLC 0.04% of their portfolio SANTA ANA, CA 7,1887.2k $344.8k $344.8k 0.04% Added +1.4k +1,399
49 CLG LLC 0.11% of their portfolio Long Beach, CA 7,0807.1k $339.6k $339.6k 0.11% Added +2.7k +2,732
50 TriaGen Wealth Management LLC 0.10% of their portfolio Calabasas, CA 6,6226.6k $317.7k $317.7k 0.10% Reduced -3.3k -3,261
51 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 6,2226.2k $298.5k $298.5k 0.01% Unchanged
52 EP Wealth Advisors, LLC 0.00% of their portfolio TORRANCE, CA 6,1656.2k $295.7k $295.7k 0.00% Unchanged
53 Guild Investment Management, Inc. 0.25% of their portfolio WESTLAKE VILLAGE, CA 6,0006.0k $287.8k $287.8k 0.25% Unchanged
54 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 6,0006.0k $287.8k $287.8k 0.01% Unchanged
55 AVANTAX ADVISORY SERVICES, INC. 0.00% of their portfolio DALLAS, TX 5,9506.0k $285.4k $285.4k 0.00% Reduced -515 -515
56 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 5,3865.4k $258.4k $258.4k 0.00% Added +180 +180
57 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 5,3765.4k $257.8k $257.8k 0.00% Reduced -1.3k -1,285
58 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 5,1055.1k $244.9k $244.9k 0.00% New
59 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 5,1005.1k $244.6k $244.6k 0.00% Reduced -268 -268
60 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 5,0725.1k $243.3k $243.3k 0.00% Reduced -67 -67
61 Argyle Capital Partners, LLC 0.20% of their portfolio LOS ANGELES, CA 5,0515.1k $242.3k $242.3k 0.20% Unchanged
62 Inspire Advisors, LLC 0.02% of their portfolio Meridian, ID 4,9925.0k $239.5k $239.5k 0.02% New
63 FLAGSTAR SECURITIES, INC 0.06% of their portfolio New York, NY 4,8894.9k $234.5k $234.5k 0.06% Added +40 +40
64 TWIN PEAKS WEALTH ADVISORS, LLC 0.07% of their portfolio SAN FRANCISCO, CA 4,7974.8k $229.4k $229.4k 0.07% Reduced -10.2k -10,205
65 Integrity Financial Corp /WA 0.12% of their portfolio JACKSON, WY 4,7424.7k $227.5k $227.5k 0.12% Unchanged
66 Diversified Portfolios, Inc. 0.02% of their portfolio Bloomfield Hills, MI 4,3854.4k $210.3k $210.3k 0.02% New
67 Cypress Wealth Services, LLC 0.04% of their portfolio PALM DESERT, CA 4,3194.3k $207.2k $207.2k 0.04% Added +36 +36
68 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 4,2694.3k $204.8k $204.8k 0.00% New
69 Rossby Financial, LCC 0.05% of their portfolio MELBOURNE, FL 3,0003.0k $143.9k $143.9k 0.05% Unchanged
70 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 2,9112.9k $139.6k $139.6k 0.00% Added +200 +200
71 CHILTON CAPITAL MANAGEMENT LLC 0.00% of their portfolio HOUSTON, TX 2,7932.8k $134.0k $134.0k 0.00% Unchanged
72 AMERIFLEX GROUP, INC. 0.04% of their portfolio LAS VEGAS, NV 1,5431.5k $73.9k $73.9k 0.04% Unchanged
73 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 1,4721.5k $70.6k $70.6k 0.00% Added +4 +4
74 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 1,3891.4k $66.6k $66.6k 0.01% Added +1.1k +1,058
75 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,3801.4k $66.2k $66.2k 0.00% Unchanged
76 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 1,2001.2k $57.6k $57.6k 0.00% Unchanged
77 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 900900 $43.2k $43.2k 0.00% Unchanged
78 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 898898 $43.1k $43.1k 0.00% First filing
79 Dunhill Financial, LLC 0.00% of their portfolio LONDON, X0 282282 $13.6k $13.6k 0.00% Added +1 +1
80 Team Financial Group, LLC 0.00% of their portfolio TEMECULA, CA 3535 $1.7k $1.7k 0.00% New
81 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $24 $24 0.00% Reduced -1 -1
82 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged