Vault-13

FIRST TR EXCH TRADED FD III FCAL

CALIF MUN INCM · ETP · CUSIP 33739P863

79 institutional holders +5 vs Q3 2025
2,999,8373.0m shares reported held*
$138.4mreported value*
6 new 36 added 26 reduced 3 sold out net bought ≈ $7.7m (+350.0k 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 ≈ $46.14.

Trends to Q4 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: 82Q3 25: 74Q4 25: 7979Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 202574
Q4 202579

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q1 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 25Q3 25: 36 bought or addedQ3 25: 40 cut or sold outQ4 25: 42 bought or addedQ4 25: 29 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20243222
Q2 20243612
Q3 20243524
Q4 20244815
Q1 20253926
Q2 20254226
Q3 20253640
Q4 20254229

Biggest buyers

NewEdge Advisors, LLC Added +306,942+306.9k
JANE STREET GROUP, LLC Added +56,058+56.1k
Rockefeller Capital Management L.P. Added +46,971+47.0k
LPL Financial LLC Added +22,277+22.3k
CHANNEL WEALTH LLC Added +12,393+12.4k
Hennion & Walsh Asset Management, Inc. Added +10,903+10.9k
WCG Wealth Advisors LLC New +10,766+10.8k
MORGAN STANLEY Added +8,879+8.9k
Ignite Planners, LLC Added +7,461+7.5k
FF Advisors,LLC New +6,711+6.7k

Biggest sellers

Citizens Business Bank Sold out -124,520-124.5k
Southland Equity Partners LLC Reduced -10,598-10.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -7,935-7.9k
FORONJY FINANCIAL LLC Reduced -6,495-6.5k
Envestnet Portfolio Solutions, Inc. Reduced -5,472-5.5k
ROYAL BANK OF CANADA Reduced -5,215-5.2k
TWIN PEAKS WEALTH ADVISORS, LLC Sold out -4,797-4.8k
Westside Investment Management, Inc. Reduced -3,830-3.8k
GUGGENHEIM CAPITAL LLC Reduced -3,782-3.8k
Composition Wealth, LLC Reduced -3,734-3.7k

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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 872,810872.8k $43.0m $43.0m 0.01% Added +22.3k +22,277
2 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 314,073314.1k $5.9m $5.9m 0.02% Added +306.9k +306,942
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 218,423218.4k $10.8m $10.8m 0.00% Added +8.9k +8,879
4 Composition Wealth, LLC 0.11% of their portfolio LOS ANGELES, CA 149,500149.5k $7.4m $7.4m 0.11% Reduced -3.7k -3,734
5 Westside Investment Management, Inc. 0.84% of their portfolio SANTA MONICA, CA 106,615106.6k $5.3m $5.3m 0.84% Reduced -3.8k -3,830
6 GUGGENHEIM CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 98,26498.3k $4.8m $4.8m 0.04% Reduced -3.8k -3,782
7 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 79,55879.6k $3.9m $3.9m 0.00% Added +4.9k +4,888
8 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 72,49172.5k $3.6m $3.6m 0.00% Added +56.1k +56,058
9 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 69,90969.9k $3.4m $3.4m 0.00% Reduced -5.2k -5,215
10 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 66,97167.0k $3.3m $3.3m 0.01% Added +47.0k +46,971
11 Ignite Planners, LLC 0.46% of their portfolio SAN CLEMENTE, CA 60,38260.4k $3.0m $3.0m 0.46% Added +7.5k +7,461
12 Mariner, LLC 0.00% of their portfolio Overland Park, KS 50,60450.6k $2.5m $2.5m 0.00% Added +3.1k +3,101
13 Magnus Financial Group LLC 0.17% of their portfolio NEW YORK, NY 44,09444.1k $2.2m $2.2m 0.17% Added +1.0k +1,045
14 Southland Equity Partners LLC 0.42% of their portfolio WILDWOOD, MO 43,43943.4k $2.1m $2.1m 0.42% Reduced -10.6k -10,598
15 UBS Group AG 0.00% of their portfolio ZURICH, V8 43,25243.3k $2.1m $2.1m 0.00% Added +3.3k +3,344
16 Compound Planning, Inc. 0.06% of their portfolio NEW YORK, NY 41,95342.0k $2.1m $2.1m 0.06% Reduced -3.1k -3,112
17 Running Point Capital Advisors, LLC 0.53% of their portfolio EL SEGUNDO, CA 39,69339.7k $2.0m $2.0m 0.53% Added +3.4k +3,406
18 CHANNEL WEALTH LLC 0.43% of their portfolio SANTA BARBARA, CA 34,50934.5k $1.7m $1.7m 0.43% Added +12.4k +12,393
19 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 32,67132.7k $1.6m $1.6m 0.00% Reduced -887 -887
20 INTEGRAL INVESTMENT ADVISORS, INC. 0.40% of their portfolio TURLOCK, CA 32,50532.5k $1.6m $1.6m 0.40% Added +1.9k +1,850
21 MGO ONE SEVEN LLC 0.03% of their portfolio Beachwood, OH 28,87528.9k $1.4m $1.4m 0.03% Reduced -1.0k -1,000
22 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 26,75226.8k $1.3m $1.3m 0.00% Added +185 +185
23 Entruity Wealth, LLC 0.74% of their portfolio BAKERSFIELD, CA 21,10121.1k $1.0m $1.0m 0.74% Added +366 +366
24 Mutual Advisors, LLC 0.02% of their portfolio OMAHA, NE 20,13020.1k $992.5k $992.5k 0.02% Reduced -1.5k -1,536
25 Golden State Wealth Management, LLC 0.10% of their portfolio SANTA ANA, CA 19,54119.5k $963.5k $963.5k 0.10% Added +2.4k +2,373
26 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 19,14619.1k $944.0k $944.0k 0.00% Added +225 +225
27 WESPAC Advisors SoCal, LLC 0.18% of their portfolio Pasadena, CA 18,46018.5k $910.2k $910.2k 0.18% Added +3.2k +3,173
28 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 18,18318.2k $897.0k $897.0k 0.00% Reduced -461 -461
29 New Insight Wealth Advisors 0.32% of their portfolio SAN RAMON, CA 18,16218.2k $895.5k $895.5k 0.32% Added +5.1k +5,090
30 Hennion & Walsh Asset Management, Inc. 0.03% of their portfolio Parsippany, NJ 18,12818.1k $893.8k $893.8k 0.03% Added +10.9k +10,903
31 Catalina Capital Group, LLC 0.50% of their portfolio Torrance, CA 16,41716.4k $809.5k $809.5k 0.50% Reduced -893 -893
32 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 14,93514.9k $736.4k $736.4k 0.00% Reduced -5.5k -5,472
33 Climber Capital SA 0.47% of their portfolio NYON, V8 14,63514.6k $720.7k $720.7k 0.47% First filing
34 FLOW TRADERS U.S. LLC 0.02% of their portfolio NEW YORK, NY 12,15212.2k $599.0k $599.0k 0.02% Unchanged
35 CENTAURUS FINANCIAL, INC. 0.03% of their portfolio ANAHEIM, CA 11,98512.0k $591.0k $591.0k 0.03% Unchanged
36 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 11,90211.9k $586.8k $586.8k 0.00% Added +780 +780
37 Warren Street Wealth Advisors, LLC 0.16% of their portfolio IRVINE, CA 11,60411.6k $572.2k $572.2k 0.16% Added +2.5k +2,537
38 CLIFFORD SWAN INVESTMENT COUNSEL LLC 0.02% of their portfolio PASADENA, CA 11,34511.3k $559.4k $559.4k 0.02% Unchanged
39 Guild Investment Management, Inc. 0.40% of their portfolio WESTLAKE VILLAGE, CA 11,00011.0k $542.4k $542.4k 0.40% Added +3.0k +3,000
40 Blue Zone Wealth Advisors, LLC 0.10% of their portfolio LOS ANGELES, CA 11,00011.0k $542.4k $542.4k 0.10% Reduced -3.0k -3,000
41 Farther Finance Advisors, LLC 0.01% of their portfolio SAN FRANCISCO, CA 11,00011.0k $542.4k $542.4k 0.01% Added +3.0k +3,000
42 WCG Wealth Advisors LLC 0.01% of their portfolio LAS VEGAS, NV 10,76610.8k $530.9k $530.9k 0.01% New
43 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 10,69610.7k $527.4k $527.4k 0.00% Added +5.8k +5,782
44 Tidemark, LLC 0.15% of their portfolio SAN DIEGO, CA 10,56110.6k $520.7k $520.7k 0.15% Reduced -787 -787
45 FORONJY FINANCIAL LLC 0.21% of their portfolio Los Osos, CA 10,09410.1k $497.7k $497.7k 0.21% Reduced -6.5k -6,495
46 Koshinski Asset Management, Inc. 0.03% of their portfolio DECATUR, IL 10,00010.0k $493.1k $493.1k 0.03% Reduced -1.2k -1,165
47 Inspire Advisors, LLC 0.04% of their portfolio Meridian, ID 8,9639.0k $441.9k $441.9k 0.04% Added +36 +36
48 CLG LLC 0.11% of their portfolio Long Beach, CA 8,9088.9k $439.3k $439.3k 0.11% Added +1.8k +1,780
49 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 7,7887.8k $384.0k $384.0k 0.00% Reduced -100 -100
50 SeaCrest Wealth Management, LLC 0.04% of their portfolio PURCHASE, NY 7,7467.7k $383.5k $383.5k 0.04% Added +1.8k +1,829
51 Perennial Investment Advisors, LLC 0.03% of their portfolio Los Angeles, CA 7,5117.5k $370.3k $370.3k 0.03% Added +27 +27
52 ASL Financial, LLC 0.29% of their portfolio Los Gatos, CA 7,4107.4k $365.4k $365.4k 0.29% First filing
53 Towerpoint Wealth, LLC 0.14% of their portfolio SACRAMENTO, CA 7,0777.1k $348.9k $348.9k 0.14% Reduced -102 -102
54 FF Advisors,LLC 0.15% of their portfolio MANHATTAN BEACH, CA 6,7116.7k $330.9k $330.9k 0.15% New
55 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 6,1936.2k $305.4k $305.4k 0.00% Reduced -355 -355
56 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 6,0446.0k $298.3k $298.3k 0.00% Added +389 +389
57 KINGSWOOD WEALTH ADVISORS, LLC 0.01% of their portfolio SAN DIEGO, CA 5,5395.5k $273.1k $273.1k 0.01% Added +350 +350
58 TriaGen Wealth Management LLC 0.07% of their portfolio Calabasas, CA 5,5235.5k $272.3k $272.3k 0.07% Reduced -213 -213
59 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 5,1005.1k $251.5k $251.5k 0.00% Unchanged
60 Argyle Capital Partners, LLC 0.18% of their portfolio LOS ANGELES, CA 5,0515.1k $249.1k $249.1k 0.18% Unchanged
61 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 4,8274.8k $238.0k $238.0k 0.00% Reduced -1.4k -1,350
62 Integrity Financial Corp /WA 0.12% of their portfolio JACKSON, WY 4,7424.7k $233.8k $233.8k 0.12% Reduced -313 -313
63 FLAGSTAR SECURITIES, INC 0.07% of their portfolio New York, NY 4,4544.5k $219.6k $219.6k 0.07% Reduced -1.1k -1,125
64 Cypress Wealth Services, LLC 0.03% of their portfolio PALM DESERT, CA 4,3914.4k $216.5k $216.5k 0.03% Added +36 +36
65 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 3,0203.0k $148.9k $148.9k 0.00% Added +1.6k +1,640
66 Rossby Financial, LCC 0.05% of their portfolio MELBOURNE, FL 2,9713.0k $146.5k $146.5k 0.05% New
67 AMERIFLEX GROUP, INC. 0.05% of their portfolio LAS VEGAS, NV 1,8271.8k $90.1k $90.1k 0.05% Reduced -1.3k -1,259
68 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 1,4231.4k $70.2k $70.2k 0.00% New
69 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 1,2001.2k $59.2k $59.2k 0.00% New
70 COMERICA BANK 0.00% of their portfolio DALLAS, TX 992992 $48.9k $48.9k 0.00% Added +8 +8
71 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 913913 $45.0k $45.0k 0.00% Added +8 +8
72 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 902902 $44.5k $44.5k 0.00% Reduced -574 -574
73 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 900900 $44.4k $44.4k 0.00% Unchanged
74 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 857857 $42.3k $42.3k 0.00% Unchanged
75 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 401401 $19.8k $19.8k 0.00% New
76 Dunhill Financial, LLC 0.00% of their portfolio LONDON, X0 288288 $14.2k $14.2k 0.00% Added +3 +3
77 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 131131 $6.5k $6.5k 0.00% Reduced -1.0k -1,031
78 Team Financial Group, LLC 0.00% of their portfolio TEMECULA, CA 3535 $1.7k $1.7k 0.00% Unchanged
79 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $45 $45 0.00% Unchanged