Vault-13

FIRST TR EXCHANGE-TRADED FD LMBS

FST LOW OPPT EFT · ETP · CUSIP 33739Q200

382 institutional holders +8 vs Q3 2023
75,194,11175.2m shares reported held*
$3.6bnreported value*
28 new 111 added 193 reduced 40 sold out net bought ≈ $398.7m (+8.3m 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 ($659.3k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.32. Options: 2 managers hold calls ($270.6k notional), 2 hold puts ($328.6k).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 382Q4 22: 380Q1 23: 380Q2 23: 380Q3 23: 374Q4 23: 382382Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022382
Q4 2022380
Q1 2023380
Q2 2023380
Q3 2023374
Q4 2023382

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 23Q4 23: 139 bought or addedQ4 23: 233 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022124245
Q1 2023157206
Q2 2023163206
Q3 2023136228
Q4 2023139233

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ1 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 0.12Q4 23 calls: $270.6kQ4 23 puts: $328.6kQ4 23P/C 1.21
Numbers
QuarterCallsPutsP/C
Q1 2023$0$4.8k—
Q2 2023$281.3k$7.0m24.86
Q3 2023$415.7k$52.0k0.12
Q4 2023$270.6k$328.6k1.21

Biggest buyers

MORGAN STANLEY Added +12,169,578+12.2m
ROYAL BANK OF CANADA Added +620,865+620.9k
Financial Enhancement Group LLC Added +230,895+230.9k
Raymond James Financial Services Advisors, Inc. Added +206,876+206.9k
TAP Consulting, LLC Added +198,145+198.1k
EdgeRock Capital LLC New +135,765+135.8k
Clark Capital Management Group, Inc. New +113,680+113.7k
RENAISSANCE TECHNOLOGIES LLC Added +111,493+111.5k
Prospera Financial Services Inc Added +104,359+104.4k
JPMORGAN CHASE & CO Added +102,919+102.9k

Biggest sellers

Cetera Investment Advisers Reduced -950,426-950.4k
JANE STREET GROUP, LLC Sold out -709,863-709.9k
Arax Advisory Partners Reduced -474,167-474.2k
TRUIST FINANCIAL CORP Reduced -308,187-308.2k
Legacy Private Trust Co. Reduced -273,793-273.8k
WELLS FARGO & COMPANY/MN Reduced -228,381-228.4k
UBS Group AG Reduced -199,684-199.7k
IFP Advisors, Inc Reduced -188,820-188.8k
LPL Financial LLC Reduced -186,400-186.4k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Reduced -184,125-184.1k

Biggest calls

CITADEL ADVISORS LLC Reduced $270.6k5.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $328.6k6.8k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 24,557,11624.6m $1.2bn $1.2bn 0.05% Added +12.2m +12,169,578
2 LPL Financial LLC 0.18% of their portfolio FORT MILL, SC 6,045,9376.0m $292.1m $292.1m 0.18% Reduced -186.4k -186,400
3 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 4,406,8874.4m $212.9m $212.9m 0.06% Reduced -228.4k -228,381
4 UBS Group AG 0.07% of their portfolio ZURICH, V8 3,498,2473.5m $169.0m $169.0m 0.07% Reduced -199.7k -199,684
5 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,361,5682.4m $114.1m $114.1m 0.03% Added +620.9k +620,865
6 Raymond James Financial Services Advisors, Inc. 0.16% of their portfolio ST. PETERSBURG, FL 2,086,2562.1m $100.8m $100.8m 0.16% Added +206.9k +206,876
7 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,523,4141.5m $73.6m $73.6m 0.01% Reduced -92.7k -92,703
8 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,389,1851.4m $67.1m $67.1m 0.03% Reduced -98.4k -98,441
9 FIRST TRUST ADVISORS LP 0.06% of their portfolio Wheaton, IL 1,094,9171.1m $52.9m $52.9m 0.06% Reduced -92.0k -92,019
10 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 1,019,2171.0m $49.3m $49.3m 0.09% Reduced -170.1k -170,109
11 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 1,000,1861.0m $48.3m $48.3m 0.06% Reduced -152.0k -152,029
12 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 797,809797.8k $38.6m $38.6m 0.03% Reduced -134.6k -134,620
13 Csenge Advisory Group 1.92% of their portfolio CLEARWATER, FL 638,118638.1k $30.8m $30.8m 1.92% Added +21.8k +21,841
14 Financial Enhancement Group LLC 4.84% of their portfolio ANDERSON, IN 568,483568.5k $27.5m $27.5m 4.84% Added +230.9k +230,895
15 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 562,725562.7k $27.2m $27.2m 0.05% Reduced -148.9k -148,942
16 Berger Financial Group, Inc 2.69% of their portfolio PLYMOUTH, MN 536,988537.0k $25.9m $25.9m 2.69% Reduced -5.4k -5,403
17 American Financial Advisors, LLC 3.83% of their portfolio Marietta, GA 535,882535.9k $25.9m $25.9m 3.83% Reduced -10.3k -10,318
18 Concurrent Investment Advisors, LLC 1.17% of their portfolio Tampa, FL 512,284512.3k $24.8m $24.8m 1.17% First filing
19 Petix & Botte Co 6.57% of their portfolio LA MESA, CA 462,110462.1k $22.3m $22.3m 6.57% Added +1.6k +1,639
20 STEPHENS INC /AR/ 0.34% of their portfolio LITTLE ROCK, AR 411,375411.4k $19.9m $19.9m 0.34% Added +9.2k +9,214
21 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 410,815410.8k $19.9m $19.9m 0.02% Added +76.2k +76,178
22 SEARCY FINANCIAL SERVICES INC /ADV 10.85% of their portfolio OVERLAND PARK, KS 404,932404.9k $19.6m $19.6m 10.85% Added +3.3k +3,277
23 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 395,489395.5k $19.1m $19.1m 0.03% Added +8.7k +8,673
24 INSPIRION WEALTH ADVISORS, LLC 3.43% of their portfolio LIBERTYVILLE, IL 393,957394.0k $19.0m $19.0m 3.43% Reduced -5.6k -5,569
25 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 387,766387.8k $18.7m $18.7m 0.08% Added +58.7k +58,656
26 Cetera Investment Advisers 0.15% of their portfolio SCHAUMBURG, IL 372,861372.9k $18.0m $18.0m 0.15% Reduced -950.4k -950,426
27 Cetera Advisor Networks LLC 0.10% of their portfolio EL SEGUNDO, CA 361,383361.4k $17.5m $17.5m 0.10% Reduced -149.1k -149,132
28 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 357,284357.3k $17.3m $17.3m 0.04% Added +80.9k +80,866
29 Obermeyer Wealth Partners 1.08% of their portfolio ASPEN, CO 326,471326.5k $15.8m $15.8m 1.08% Reduced -11.6k -11,602
30 TL Private Wealth 7.73% of their portfolio SOUTHLAKE, TX 309,949309.9k $15.0m $15.0m 7.73% Added +6.5k +6,504
31 AE Wealth Management LLC 0.08% of their portfolio TOPEKA, KS 309,458309.5k $14.9m $14.9m 0.08% Reduced -72.2k -72,170
32 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 302,669302.7k $14.6m $14.6m 0.02% Added +111.5k +111,493
33 TD Capital Management LLC 1.66% of their portfolio MEMPHIS, TN 301,297301.3k $14.6m $14.6m 1.66% Reduced -2.7k -2,749
34 Private Advisor Group, LLC 0.11% of their portfolio MORRISTOWN, NJ 298,208298.2k $14.4m $14.4m 0.11% Added +44.4k +44,412
35 Heck Capital Advisors, LLC 2.33% of their portfolio Rhinelander, WI 295,782295.8k $14.3m $14.3m 2.33% Added +49.4k +49,363
36 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 294,483294.5k $14.2m $14.2m 0.02% Reduced -308.2k -308,187
37 TAP Consulting, LLC 3.21% of their portfolio KIRKWOOD, MO 277,944277.9k $13.4m $13.4m 3.21% Added +198.1k +198,145
38 ERn Financial, LLC 2.51% of their portfolio MIDDLETON, WI 274,545274.5k $13.3m $13.3m 2.51% Reduced -10.9k -10,912
39 Financial Planning & Information Services, Inc. 2.07% of their portfolio DE PERE, WI 271,201271.2k $13.1m $13.1m 2.07% Reduced -2.8k -2,830
40 Kestra Advisory Services, LLC 0.11% of their portfolio AUSTIN, TX 268,870268.9k $13.0m $13.0m 0.11% Reduced -46.5k -46,484
41 Aaron Wealth Advisors LLC 2.14% of their portfolio Chicago, IL 267,307267.3k $12.9m $12.9m 2.14% Added +85.4k +85,415
42 Weitzel Financial Services, Inc. 6.84% of their portfolio DUBUQUE, IA 264,006264.0k $12.7m $12.7m 6.84% Reduced -17.6k -17,650
43 KESTRA PRIVATE WEALTH SERVICES, LLC 0.31% of their portfolio AUSTIN, TX 253,571253.6k $12.3m $12.3m 0.31% Added +438 +438
44 CLIFFORD SWAN INVESTMENT COUNSEL LLC 0.46% of their portfolio PASADENA, CA 243,019243.0k $11.7m $11.7m 0.46% Reduced -53.1k -53,120
45 Darwin Wealth Management, LLC 3.10% of their portfolio TAMPA, FL 238,786238.8k $11.5m $11.5m 3.10% Reduced -20.1k -20,118
46 RiverTree Advisors, LLC 7.73% of their portfolio WINTER PARK, FL 235,422235.4k $11.4m $11.4m 7.73% Added +48.8k +48,847
47 IFP Advisors, Inc 0.54% of their portfolio TAMPA, FL 235,234235.2k $11.4m $11.4m 0.54% Reduced -188.8k -188,820
48 CONDOR CAPITAL MANAGEMENT 1.20% of their portfolio MARTINSVILLE, NJ 232,064232.1k $11.2m $11.2m 1.20% Reduced -44.1k -44,069
49 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 231,771231.8k $11.2m $11.2m 0.04% Reduced -11.7k -11,734
50 Stratos Wealth Advisors, LLC 0.64% of their portfolio BEACHWOOD, OH 231,316231.3k $11.2m $11.2m 0.64% Reduced -990 -990
51 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 213,928213.9k $10.3m $10.3m 0.03% Added +80.4k +80,405
52 Prism Advisors, Inc. 3.32% of their portfolio STUDIO CITY, CA 213,535213.5k $10.3m $10.3m 3.32% Reduced -32.1k -32,055
53 Walkner Condon Financial Advisors LLC 2.31% of their portfolio MADISON, WI 209,929209.9k $10.1m $10.1m 2.31% Reduced -134.6k -134,608
54 Kingsview Wealth Management, LLC 0.29% of their portfolio GRANTS PASS, OR 202,096202.1k $9.8m $9.8m 0.29% Added +55.9k +55,880
55 AVANTAX ADVISORY SERVICES, INC. 0.10% of their portfolio DALLAS, TX 201,277201.3k $9.7m $9.7m 0.10% Added +23.5k +23,477
56 EWG Elevate Inc. 3.98% of their portfolio ROSEVILLE, CA 198,643198.6k $9.6m $9.6m 3.98% Added +3.5k +3,479
57 Ameritas Advisory Services, LLC 0.53% of their portfolio Lincoln, NE 198,520198.5k $9.6m $9.6m 0.53% Reduced -39.5k -39,450
58 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 196,768196.8k $9.5m $9.5m 0.04% Added +8.1k +8,137
59 HARBOUR INVESTMENTS, INC. 0.39% of their portfolio MADISON, WI 195,941195.9k $9.5m $9.5m 0.39% Added +31.9k +31,926
60 Prospera Financial Services Inc 0.30% of their portfolio Dallas, TX 187,257187.3k $9.0m $9.0m 0.30% Added +104.4k +104,359
61 Envestnet Portfolio Solutions, Inc. 0.04% of their portfolio BERWYN, PA 182,404182.4k $8.8m $8.8m 0.04% Added +17.5k +17,467
62 TBH Global Asset Management, LLC 1.76% of their portfolio Brentwood, TN 179,015179.0k $8.7m $8.7m 1.76% Reduced -44.4k -44,426
63 Composition Wealth, LLC 0.22% of their portfolio LOS ANGELES, CA 162,497162.5k $7.9m $7.9m 0.22% Reduced -4.4k -4,440
64 COMERICA BANK 0.04% of their portfolio DALLAS, TX 160,405160.4k $7.8m $7.8m 0.04% Added +763 +763
65 Atlas Private Wealth Management, LLC 3.59% of their portfolio ALBANY, NY 158,014158.0k $7.6m $7.6m 3.59% Added +1.2k +1,205
66 Stratos Wealth Partners, LTD. 0.14% of their portfolio BEACHWOOD, OH 154,805154.8k $7.5m $7.5m 0.14% Added +29.6k +29,562
67 PFS Partners, LLC 5.04% of their portfolio MINE HILL, NJ 152,544152.5k $7.4m $7.4m 5.04% Added +3.1k +3,120
68 Financial Advocates Investment Management 0.46% of their portfolio OLYMPIA, WA 146,844146.8k $7.1m $7.1m 0.46% Added +41.9k +41,860
69 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 141,177141.2k $6.8m $6.8m 0.02% Added +55.2k +55,243
70 LexAurum Advisors, LLC 1.79% of their portfolio OVERLAND PARK, KS 141,111141.1k $6.8m $6.8m 1.79% Reduced -2.7k -2,662
71 SSI INVESTMENT MANAGEMENT LLC 0.51% of their portfolio Los Angeles, CA 139,268139.3k $6.7m $6.7m 0.51% Reduced -961 -961
72 EdgeRock Capital LLC 4.78% of their portfolio DENVER, CO 135,765135.8k $6.6m $6.6m 4.78% New
73 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 135,085135.1k $6.5m $6.5m 0.06% Added +10.1k +10,068
74 Nilsine Partners, LLC 0.95% of their portfolio GREENWOOD VILLAGE, CO 127,835127.8k $6.2m $6.2m 0.95% Reduced -17.9k -17,893
75 Atria Wealth Solutions, Inc. 0.08% of their portfolio NEW YORK, NY 125,909125.9k $6.1m $6.1m 0.08% Reduced -1.3k -1,308
76 BELLEVUE ASSET MANAGEMENT, LLC 5.17% of their portfolio BELLEVUE, WA 121,115121.1k $5.9m $5.9m 5.17% Reduced -3.8k -3,779
77 Ameritas Investment Partners, Inc. 0.21% of their portfolio LINCOLN, NE 117,809117.8k $5.7m $5.7m 0.21% Reduced -3.2k -3,225
78 Manhattan West Asset Management, LLC 1.57% of their portfolio Los Angeles, CA 115,831115.8k $5.6m $5.6m 1.57% Added +8.9k +8,867
79 Grove Bank & Trust 1.02% of their portfolio Miami, FL 114,407114.4k $5.5m $5.5m 1.02% Reduced -9.0k -9,036
80 Independent Advisor Alliance 0.20% of their portfolio CHARLOTTE, NC 113,962114.0k $5.5m $5.5m 0.20% Added +1.2k +1,217
81 Clark Capital Management Group, Inc. 0.04% of their portfolio PHILADELPHIA, PA 113,680113.7k $5.5m $5.5m 0.04% New
82 D.A. DAVIDSON & CO. 0.05% of their portfolio GREAT FALLS, MT 113,300113.3k $5.5m $5.5m 0.05% Reduced -21.3k -21,337
83 Snowden Capital Advisors LLC 0.21% of their portfolio New York, NY 112,810112.8k $5.5m $5.5m 0.21% Reduced -5.3k -5,294
84 Integrated Wealth Concepts LLC 0.09% of their portfolio WALTHAM, MA 111,841111.8k $5.4m $5.4m 0.09% Reduced -8.3k -8,311
85 Lunt Capital Management, Inc. 2.79% of their portfolio HOLLADAY, UT 111,466111.5k $5.4m $5.4m 2.79% Reduced -2.2k -2,208
86 Visionary Wealth Advisors 0.38% of their portfolio O'FALLON, IL 106,994107.0k $5.2m $5.2m 0.38% Reduced -408 -408
87 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 106,818106.8k $5.2m $5.2m 0.00% Added +60.3k +60,305
88 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 104,996105.0k $5.1m $5.1m 0.00% Added +102.9k +102,919
89 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 103,613103.6k $5.0m $5.0m 0.02% Added +35.8k +35,815
90 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.04% of their portfolio IRVING, TX 100,105100.1k $4.8m $4.8m 0.04% Reduced -184.1k -184,125
91 TCP Asset Management, LLC 1.74% of their portfolio Upper Arlington, OH 97,12697.1k $4.7m $4.7m 1.74% Added +1.9k +1,945
92 Sigma Planning Corp 0.36% of their portfolio ANN ARBOR, MI 94,62594.6k $4.6m $4.6m 0.36% Reduced -120.3k -120,324
93 Alpha Financial Advisors, LLC 2.27% of their portfolio CHARLOTTE, NC 92,54292.5k $4.5m $4.5m 2.27% Reduced -2.9k -2,927
94 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 90,43390.4k $4.4m $4.4m 0.01% Reduced -12.3k -12,313
95 Midwest Financial Group LLC 3.21% of their portfolio Overland Park, KS 88,92188.9k $4.3m $4.3m 3.21% Reduced -234 -234
96 Cetera Advisors LLC 0.06% of their portfolio DENVER, CO 87,97488.0k $4.3m $4.3m 0.06% Added +47.1k +47,108
97 Freedom Investment Management, Inc. 0.34% of their portfolio SOUTH WINDSOR, CT 86,73286.7k $4.2m $4.2m 0.34% Added +81.1k +81,136
98 Mach-1 Financial Group, LLC 1.54% of their portfolio Rogers, AR 83,82683.8k $4.1m $4.1m 1.54% Added +6.3k +6,298
99 OPPENHEIMER & CO INC 0.07% of their portfolio NEW YORK, NY 79,47679.5k $3.8m $3.8m 0.07% Reduced -30.2k -30,176
100 SILVER OAK SECURITIES, INCORPORATED 0.51% of their portfolio JACKSON, TN 79,16179.2k $3.8m $3.8m 0.51% Added +13.3k +13,330