Vault-13

FIRST TR EXCHANGE-TRADED FD LMBS

FST LOW OPPT EFT · ETP · CUSIP 33739Q200

374 institutional holders -6 vs Q2 2023
66,513,21966.5m shares reported held*
$3.1bnreported value*
22 new 114 added 198 reduced 30 sold out net sold ≈ $224.0m (-4.8m 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 ($1.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.24. Options: 2 managers hold calls ($415.7k notional), 2 hold puts ($52.0k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 382Q4 22: 380Q1 23: 380Q2 23: 380Q3 23: 374374Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022382
Q4 2022380
Q1 2023380
Q2 2023380
Q3 2023374

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 124 bought or addedQ4 22: 245 cut or sold outQ4 22Q1 23: 157 bought or addedQ1 23: 206 cut or sold outQ1 23Q2 23: 163 bought or addedQ2 23: 206 cut or sold outQ2 23Q3 23: 136 bought or addedQ3 23: 228 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022124245
Q1 2023157206
Q2 2023163206
Q3 2023136228

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2m$4m$6m$8mQ4 22 calls: $4.7kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $0Q1 23 puts: $4.8kQ1 23P/C —Q2 23 calls: $281.3kQ2 23 puts: $7.0mQ2 23P/C 24.86Q3 23 calls: $415.7kQ3 23 puts: $52.0kQ3 23P/C 0.12
Numbers
QuarterCallsPutsP/C
Q4 2022$4.7k$00.00
Q1 2023$0$4.8k—
Q2 2023$281.3k$7.0m24.86
Q3 2023$415.7k$52.0k0.12

Biggest buyers

JANE STREET GROUP, LLC Added +502,923+502.9k
WELLS FARGO & COMPANY/MN Added +444,458+444.5k
Aaron Wealth Advisors LLC New +181,892+181.9k
Csenge Advisory Group Added +163,329+163.3k
COMERICA BANK New +159,642+159.6k
Ameritas Advisory Services, LLC Added +138,171+138.2k
Manhattan West Asset Management, LLC New +106,964+107.0k
Allworth Financial LP Added +87,753+87.8k
IAMS WEALTH MANAGEMENT, LLC New +75,910+75.9k
Cerity Partners LLC Added +51,269+51.3k

Biggest sellers

J Arnold Wealth Management Co Sold out -1,667,786-1.7m
MORGAN STANLEY Reduced -1,160,149-1.2m
RAYMOND JAMES & ASSOCIATES Reduced -482,949-482.9k
BlueCrest Capital Management Ltd Reduced -462,220-462.2k
IFP Advisors, Inc Reduced -434,842-434.8k
LPL Financial LLC Reduced -382,070-382.1k
BANK OF MONTREAL /CAN/ Reduced -366,426-366.4k
Raymond James Financial Services Advisors, Inc. Reduced -357,525-357.5k
FIRST TRUST ADVISORS LP Reduced -252,209-252.2k
ENVESTNET ASSET MANAGEMENT INC Reduced -168,582-168.6k

Biggest calls

CITADEL ADVISORS LLC Added $415.7k8.8k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $52.0k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 12,387,53812.4m $585.2m $585.2m 0.06% Reduced -1.2m -1,160,149
2 LPL Financial LLC 0.21% of their portfolio FORT MILL, SC 6,232,3376.2m $294.4m $294.4m 0.21% Reduced -382.1k -382,070
3 WELLS FARGO & COMPANY/MN 0.07% of their portfolio SAN FRANCISCO, CA 4,635,2684.6m $219.0m $219.0m 0.07% Added +444.5k +444,458
4 UBS Group AG 0.08% of their portfolio ZURICH, V8 3,697,9313.7m $174.7m $174.7m 0.08% Added +32.5k +32,461
5 Raymond James Financial Services Advisors, Inc. 0.16% of their portfolio ST. PETERSBURG, FL 1,879,3801.9m $88.8m $88.8m 0.16% Reduced -357.5k -357,525
6 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,740,7031.7m $82.2m $82.2m 0.02% Reduced -21.5k -21,475
7 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,616,1171.6m $76.3m $76.3m 0.01% Reduced -74.2k -74,248
8 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,487,6261.5m $70.3m $70.3m 0.03% Reduced -168.6k -168,582
9 Cetera Investment Advisers 0.54% of their portfolio SCHAUMBURG, IL 1,323,2871.3m $62.5m $62.5m 0.54% Reduced -6.2k -6,209
10 OSAIC HOLDINGS, INC. 0.08% of their portfolio SCOTTSDALE, AZ 1,189,3261.2m $56.2m $56.2m 0.08% Reduced -39.9k -39,925
11 FIRST TRUST ADVISORS LP 0.07% of their portfolio Wheaton, IL 1,186,9361.2m $56.1m $56.1m 0.07% Reduced -252.2k -252,209
12 STIFEL FINANCIAL CORP 0.08% of their portfolio ST. LOUIS, MO 1,152,2151.2m $54.4m $54.4m 0.08% Added +37.6k +37,604
13 RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio ST PETERSBURG, FL 932,429932.4k $44.0m $44.0m 0.04% Reduced -482.9k -482,949
14 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 711,667711.7k $33.6m $33.6m 0.07% Reduced -50.7k -50,658
15 JANE STREET GROUP, LLC 0.05% of their portfolio NEW YORK, NY 709,863709.9k $33.5m $33.5m 0.05% Added +502.9k +502,923
16 Csenge Advisory Group 1.98% of their portfolio CLEARWATER, FL 616,277616.3k $29.1m $29.1m 1.98% Added +163.3k +163,329
17 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 602,670602.7k $28.5m $28.5m 0.05% Reduced -38.9k -38,928
18 American Financial Advisors, LLC 4.07% of their portfolio Marietta, GA 546,200546.2k $25.8m $25.8m 4.07% Reduced -7.2k -7,169
19 Berger Financial Group, Inc 2.94% of their portfolio PLYMOUTH, MN 542,391542.4k $25.6m $25.6m 2.94% Added +9.7k +9,720
20 Arax Advisory Partners 3.01% of their portfolio NEW YORK, NY 511,118511.1k $24.1m $24.1m 3.01% Added +27.5k +27,527
21 Cetera Advisor Networks LLC 0.15% of their portfolio EL SEGUNDO, CA 510,515510.5k $24.1m $24.1m 0.15% Reduced -5.2k -5,192
22 Petix & Botte Co 6.86% of their portfolio LA MESA, CA 460,471460.5k $21.8m $21.8m 6.86% Reduced -1.2k -1,243
23 IFP Advisors, Inc 0.90% of their portfolio TAMPA, FL 424,054424.1k $20.0m $20.0m 0.90% Reduced -434.8k -434,842
24 STEPHENS INC /AR/ 0.36% of their portfolio LITTLE ROCK, AR 402,161402.2k $19.0m $19.0m 0.36% Reduced -14.1k -14,146
25 SEARCY FINANCIAL SERVICES INC /ADV 11.46% of their portfolio OVERLAND PARK, KS 401,655401.7k $19.0m $19.0m 11.46% Reduced -67.5k -67,518
26 INSPIRION WEALTH ADVISORS, LLC 3.68% of their portfolio LIBERTYVILLE, IL 399,526399.5k $18.9m $18.9m 3.68% Reduced -8.1k -8,133
27 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 386,816386.8k $18.3m $18.3m 0.03% Reduced -4.4k -4,384
28 AE Wealth Management LLC 0.11% of their portfolio TOPEKA, KS 381,628381.6k $18.0m $18.0m 0.11% Reduced -24.4k -24,357
29 Walkner Condon Financial Advisors LLC 4.32% of their portfolio MADISON, WI 344,537344.5k $16.3m $16.3m 4.32% Reduced -19.8k -19,758
30 Obermeyer Wealth Partners 1.19% of their portfolio ASPEN, CO 338,073338.1k $16.0m $16.0m 1.19% Reduced -742 -742
31 Financial Enhancement Group LLC 3.06% of their portfolio ANDERSON, IN 337,588337.6k $15.9m $15.9m 3.06% Reduced -3.5k -3,525
32 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 334,637334.6k $15.8m $15.8m 0.02% Added +25.3k +25,320
33 Cambridge Investment Research Advisors, Inc. 0.07% of their portfolio FAIRFIELD, IA 329,110329.1k $15.5m $15.5m 0.07% Reduced -127.2k -127,167
34 Kestra Advisory Services, LLC 0.15% of their portfolio AUSTIN, TX 315,354315.4k $14.9m $14.9m 0.15% Added +48.4k +48,432
35 Legacy Private Trust Co. 1.27% of their portfolio NEENAH, WI 312,941312.9k $14.8m $14.8m 1.27% Reduced -6.0k -6,004
36 TD Capital Management LLC 1.76% of their portfolio MEMPHIS, TN 304,046304.0k $14.4m $14.4m 1.76% Reduced -7.7k -7,658
37 TL Private Wealth 8.20% of their portfolio SOUTHLAKE, TX 303,445303.4k $14.3m $14.3m 8.20% Added +10.5k +10,496
38 CLIFFORD SWAN INVESTMENT COUNSEL LLC 0.59% of their portfolio PASADENA, CA 296,139296.1k $14.0m $14.0m 0.59% Reduced -26.3k -26,259
39 ERn Financial, LLC 2.93% of their portfolio MIDDLETON, WI 285,457285.5k $13.5m $13.5m 2.93% Reduced -6.7k -6,665
40 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.09% of their portfolio IRVING, TX 284,230284.2k $13.4m $13.4m 0.09% Reduced -64.6k -64,643
41 Weitzel Financial Services, Inc. 7.73% of their portfolio DUBUQUE, IA 281,656281.7k $13.2m $13.2m 7.73% Reduced -3.7k -3,711
42 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 276,418276.4k $13.1m $13.1m 0.04% Added +10.4k +10,412
43 CONDOR CAPITAL MANAGEMENT 1.60% of their portfolio MARTINSVILLE, NJ 276,133276.1k $13.0m $13.0m 1.60% Reduced -2.5k -2,510
44 Financial Planning & Information Services, Inc. 2.41% of their portfolio DE PERE, WI 274,031274.0k $12.9m $12.9m 2.41% Added +26.4k +26,422
45 Darwin Wealth Management, LLC 3.29% of their portfolio TAMPA, FL 258,904258.9k $12.2m $12.2m 3.29% Reduced -7.0k -7,018
46 Private Advisor Group, LLC 0.11% of their portfolio MORRISTOWN, NJ 253,796253.8k $12.0m $12.0m 0.11% Reduced -60.6k -60,591
47 KESTRA PRIVATE WEALTH SERVICES, LLC 0.38% of their portfolio AUSTIN, TX 253,133253.1k $12.0m $12.0m 0.38% Added +14.3k +14,300
48 Heck Capital Advisors, LLC 2.16% of their portfolio Rhinelander, WI 246,419246.4k $11.6m $11.6m 2.16% Added +5.7k +5,719
49 Prism Advisors, Inc. 4.06% of their portfolio STUDIO CITY, CA 245,590245.6k $11.6m $11.6m 4.06% Added +10.2k +10,211
50 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 243,505243.5k $11.5m $11.5m 0.04% Added +13.6k +13,562
51 Ameritas Advisory Services, LLC 0.56% of their portfolio Lincoln, NE 237,970238.0k $11.2m $11.2m 0.56% Added +138.2k +138,171
52 Stratos Wealth Advisors, LLC 0.72% of their portfolio BEACHWOOD, OH 232,306232.3k $11.0m $11.0m 0.72% Added +2.1k +2,098
53 Clear Creek Financial Management, LLC 1.89% of their portfolio SILVERDALE, WA 228,447228.4k $10.8m $10.8m 1.89% Reduced -587 -587
54 TBH Global Asset Management, LLC 2.03% of their portfolio Brentwood, TN 223,441223.4k $10.6m $10.6m 2.03% Reduced -19.3k -19,267
55 Sigma Planning Corp 0.38% of their portfolio ANN ARBOR, MI 214,949214.9k $10.2m $10.2m 0.38% Reduced -34.1k -34,051
56 EWG Elevate Inc. 4.17% of their portfolio ROSEVILLE, CA 195,164195.2k $9.2m $9.2m 4.17% Added +6.8k +6,780
57 WealthOne, LLC 3.66% of their portfolio ALBANY, NY 191,888191.9k $9.1m $9.1m 3.66% Reduced -6.2k -6,151
58 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 191,176191.2k $9.0m $9.0m 0.02% Reduced -27.1k -27,124
59 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 188,631188.6k $8.9m $8.9m 0.05% Added +6.2k +6,237
60 RiverTree Advisors, LLC 6.56% of their portfolio WINTER PARK, FL 186,575186.6k $8.8m $8.8m 6.56% Reduced -3.5k -3,537
61 Aaron Wealth Advisors LLC 1.11% of their portfolio Chicago, IL 181,892181.9k $8.6m $8.6m 1.11% New
62 AVANTAX ADVISORY SERVICES, INC. 0.09% of their portfolio DALLAS, TX 177,800177.8k $8.4m $8.4m 0.09% Added +11.1k +11,067
63 HBK Sorce Advisory LLC 0.35% of their portfolio ERIE, PA 167,353167.4k $7.9m $7.9m 0.35% Reduced -13.7k -13,718
64 Composition Wealth, LLC 0.24% of their portfolio LOS ANGELES, CA 166,937166.9k $7.9m $7.9m 0.24% Added +3.9k +3,918
65 Envestnet Portfolio Solutions, Inc. 0.04% of their portfolio BERWYN, PA 164,937164.9k $7.8m $7.8m 0.04% First filing
66 HARBOUR INVESTMENTS, INC. 0.39% of their portfolio MADISON, WI 164,015164.0k $7.7m $7.7m 0.39% Reduced -52.5k -52,515
67 COMERICA BANK 0.04% of their portfolio DALLAS, TX 159,642159.6k $7.5m $7.5m 0.04% New
68 Atlas Private Wealth Management, LLC 3.98% of their portfolio ALBANY, NY 156,809156.8k $7.4m $7.4m 3.98% Added +3.1k +3,147
69 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 150,959151.0k $7.2m $7.2m 0.00% Reduced -366.4k -366,426
70 PFS Partners, LLC 6.22% of their portfolio MINE HILL, NJ 149,424149.4k $7.1m $7.1m 6.22% Added +332 +332
71 Kingsview Wealth Management, LLC 0.25% of their portfolio GRANTS PASS, OR 146,216146.2k $6.9m $6.9m 0.25% Added +41.9k +41,945
72 Nilsine Partners, LLC 1.04% of their portfolio GREENWOOD VILLAGE, CO 145,728145.7k $6.9m $6.9m 1.04% Reduced -1.2k -1,185
73 LexAurum Advisors, LLC 1.99% of their portfolio OVERLAND PARK, KS 143,773143.8k $6.8m $6.8m 1.99% Added +795 +795
74 SSI INVESTMENT MANAGEMENT LLC 0.54% of their portfolio Los Angeles, CA 140,229140.2k $6.6m $6.6m 0.54% Reduced -2.3k -2,334
75 D.A. DAVIDSON & CO. 0.07% of their portfolio GREAT FALLS, MT 134,637134.6k $6.4m $6.4m 0.07% Reduced -18.9k -18,853
76 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 133,523133.5k $6.3m $6.3m 0.03% Added +51.3k +51,269
77 Commonwealth Financial Services, LLC 1.85% of their portfolio VIENNA, WV 131,525131.5k $6.2m $6.2m 1.85% First filing
78 Connectus Wealth, LLC 0.14% of their portfolio CINCINNATI, OH 131,096131.1k $6.2m $6.2m 0.14% Added +32.9k +32,905
79 Focus Financial Network, Inc. 0.35% of their portfolio MINNEAPOLIS, MN 130,285130.3k $6.2m $6.2m 0.35% Added +43.7k +43,658
80 Atria Wealth Solutions, Inc. 0.08% of their portfolio NEW YORK, NY 127,217127.2k $6.0m $6.0m 0.08% Reduced -5.3k -5,285
81 Stratos Wealth Partners, LTD. 0.13% of their portfolio BEACHWOOD, OH 125,243125.2k $5.9m $5.9m 0.13% Reduced -804 -804
82 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 125,017125.0k $5.9m $5.9m 0.06% Reduced -146.6k -146,553
83 BELLEVUE ASSET MANAGEMENT, LLC 3.96% of their portfolio BELLEVUE, WA 124,894124.9k $5.9m $5.9m 3.96% Added +1.5k +1,461
84 Grove Bank & Trust 1.19% of their portfolio Miami, FL 123,443123.4k $5.8m $5.8m 1.19% Reduced -3.6k -3,607
85 Ameritas Investment Partners, Inc. 0.23% of their portfolio LINCOLN, NE 121,034121.0k $5.7m $5.7m 0.23% Added +26.5k +26,452
86 Integrated Wealth Concepts LLC 0.10% of their portfolio WALTHAM, MA 120,152120.2k $5.7m $5.7m 0.10% Added +21.7k +21,705
87 Keystone Financial Group 0.94% of their portfolio LEXINGTON, KY 118,319118.3k $5.6m $5.6m 0.94% Reduced -1.4k -1,384
88 Snowden Capital Advisors LLC 0.24% of their portfolio New York, NY 118,104118.1k $5.6m $5.6m 0.24% Added +2.4k +2,418
89 Lunt Capital Management, Inc. 2.83% of their portfolio HOLLADAY, UT 113,674113.7k $5.4m $5.4m 2.83% Added +5.7k +5,737
90 Independent Advisor Alliance 0.24% of their portfolio CHARLOTTE, NC 112,745112.7k $5.3m $5.3m 0.24% Added +1.4k +1,434
91 OPPENHEIMER & CO INC 0.11% of their portfolio NEW YORK, NY 109,652109.7k $5.2m $5.2m 0.11% Added +8.6k +8,624
92 Visionary Wealth Advisors 0.41% of their portfolio O'FALLON, IL 107,402107.4k $5.1m $5.1m 0.41% Added +32.7k +32,672
93 Manhattan West Asset Management, LLC 1.54% of their portfolio Los Angeles, CA 106,964107.0k $5.0m $5.0m 1.54% New
94 Financial Advocates Investment Management 0.37% of their portfolio OLYMPIA, WA 104,984105.0k $4.9m $4.9m 0.37% Reduced -7.1k -7,082
95 Dominguez Wealth Management Solutions, Inc. 4.58% of their portfolio WILLIAMSBURG, VA 104,915104.9k $5.0m $5.0m 4.58% Reduced -2.0k -1,981
96 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 102,746102.7k $4.9m $4.9m 0.01% Added +9.9k +9,946
97 Allworth Financial LP 0.04% of their portfolio FOLSOM, CA 101,465101.5k $4.8m $4.8m 0.04% Added +87.8k +87,753
98 Alpha Financial Advisors, LLC 2.86% of their portfolio CHARLOTTE, NC 95,46995.5k $4.5m $4.5m 2.86% Added +281 +281
99 TCP Asset Management, LLC 1.92% of their portfolio Upper Arlington, OH 95,18195.2k $4.5m $4.5m 1.92% Added +2.4k +2,408
100 MRA Advisory Group 3.08% of their portfolio PARSIPPANY, NJ 91,29691.3k $4.3m $4.3m 3.08% Reduced -29.7k -29,715