Vault-13

FIRST TR EXCHANGE-TRADED FD LMBS

FST LOW OPPT EFT · ETP · CUSIP 33739Q200

377 institutional holders -5 vs Q4 2023
89,296,07589.3m shares reported held*
$4.2bnreported value*
31 new 144 added 160 reduced 33 sold out net bought ≈ $621.3m (+14.1m 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 ($4.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.55. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 382Q4 22: 380Q1 23: 380Q2 23: 380Q3 23: 374Q4 23: 382Q1 24: 377377Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022382
Q4 2022380
Q1 2023380
Q2 2023380
Q3 2023374
Q4 2023382
Q1 2024377

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 23Q1 24: 175 bought or addedQ1 24: 193 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022124245
Q1 2023157206
Q2 2023163206
Q3 2023136228
Q4 2023139233
Q1 2024175193

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ2 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 1.21Q1 24 calls: $0Q1 24 puts: $0Q1 24P/C —
Numbers
QuarterCallsPutsP/C
Q2 2023$281.3k$7.0m24.86
Q3 2023$415.7k$52.0k0.12
Q4 2023$270.6k$328.6k1.21
Q1 2024$0$0—

Biggest buyers

MORGAN STANLEY Added +11,409,875+11.4m
Global Assets Advisory, LLC Added +1,263,932+1.3m
LPL Financial LLC Added +1,035,745+1.0m
Trilogy Capital Inc. Added +450,479+450.5k
Cetera Investment Advisers Added +427,232+427.2k
BANK OF AMERICA CORP /DE/ Added +384,253+384.3k
WELLS FARGO & COMPANY/MN Added +342,145+342.1k
Berger Financial Group, Inc Added +289,877+289.9k
Sweet Financial Partners, LLC New +226,722+226.7k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +208,587+208.6k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -440,616-440.6k
Cetera Advisor Networks LLC Sold out -361,383-361.4k
Financial Enhancement Group LLC Reduced -335,663-335.7k
OSAIC HOLDINGS, INC. Reduced -321,879-321.9k
Petix & Botte Co Reduced -234,647-234.6k
Nilsine Partners, LLC Reduced -121,620-121.6k
INSPIRION WEALTH ADVISORS, LLC Reduced -121,146-121.1k
Clark Capital Management Group, Inc. Sold out -113,680-113.7k
FIRST TRUST ADVISORS LP Reduced -103,641-103.6k
BELLEVUE ASSET MANAGEMENT, LLC Reduced -103,509-103.5k

Biggest calls

CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 35,966,99136.0m $1.7bn $1.7bn 0.05% Added +11.4m +11,409,875
2 LPL Financial LLC 0.18% of their portfolio FORT MILL, SC 7,081,6827.1m $341.7m $341.7m 0.18% Added +1.0m +1,035,745
3 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 4,749,0324.7m $229.1m $229.1m 0.06% Added +342.1k +342,145
4 UBS Group AG 0.06% of their portfolio ZURICH, V8 3,511,0863.5m $169.4m $169.4m 0.06% Added +12.8k +12,839
5 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,506,0612.5m $120.9m $120.9m 0.03% Added +144.5k +144,493
6 Raymond James Financial Services Advisors, Inc. 0.14% of their portfolio ST. PETERSBURG, FL 2,000,7202.0m $96.5m $96.5m 0.14% Reduced -85.5k -85,536
7 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,907,6671.9m $92.0m $92.0m 0.01% Added +384.3k +384,253
8 Global Assets Advisory, LLC 1.03% of their portfolio ORLANDO, FL 1,290,8921.3m $26.9k $26.9k 1.03% Added +1.3m +1,263,932
9 FIRST TRUST ADVISORS LP 0.05% of their portfolio Wheaton, IL 991,276991.3k $47.8m $47.8m 0.05% Reduced -103.6k -103,641
10 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 977,496977.5k $47.2m $47.2m 0.05% Reduced -22.7k -22,690
11 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 948,569948.6k $45.8m $45.8m 0.02% Reduced -440.6k -440,616
12 Berger Financial Group, Inc 3.29% of their portfolio PLYMOUTH, MN 826,865826.9k $39.9m $39.9m 3.29% Added +289.9k +289,877
13 Cetera Investment Advisers 0.09% of their portfolio SCHAUMBURG, IL 800,093800.1k $38.6m $38.6m 0.09% Added +427.2k +427,232
14 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 753,726753.7k $36.4m $36.4m 0.02% Reduced -44.1k -44,083
15 OSAIC HOLDINGS, INC. 0.08% of their portfolio SCOTTSDALE, AZ 697,338697.3k $33.7m $33.7m 0.08% Reduced -321.9k -321,879
16 Csenge Advisory Group 1.85% of their portfolio CLEARWATER, FL 685,251685.3k $33.1m $33.1m 1.85% Added +47.1k +47,133
17 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 624,438624.4k $30.1m $30.1m 0.05% Added +61.7k +61,713
18 Concurrent Investment Advisors, LLC 1.22% of their portfolio Tampa, FL 622,491622.5k $30.0m $30.0m 1.22% Added +110.2k +110,207
19 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 619,402619.4k $29.9m $29.9m 0.03% Added +208.6k +208,587
20 American Financial Advisors, LLC 3.65% of their portfolio Marietta, GA 536,879536.9k $25.9m $25.9m 3.65% Added +997 +997
21 Trilogy Capital Inc. 1.31% of their portfolio IRVINE, CA 471,010471.0k $22.7m $22.7m 1.31% Added +450.5k +450,479
22 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 462,101462.1k $22.3m $22.3m 0.09% Added +74.3k +74,335
23 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 451,400451.4k $21.8m $21.8m 0.03% Added +148.7k +148,731
24 STEPHENS INC /AR/ 0.31% of their portfolio LITTLE ROCK, AR 408,002408.0k $19.7m $19.7m 0.31% Reduced -3.4k -3,373
25 SEARCY FINANCIAL SERVICES INC /ADV 9.33% of their portfolio OVERLAND PARK, KS 379,817379.8k $18.3m $18.3m 9.33% Reduced -25.1k -25,115
26 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 350,875350.9k $16.9m $16.9m 0.04% Reduced -6.4k -6,409
27 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 344,012344.0k $16.6m $16.6m 0.03% Reduced -51.5k -51,477
28 Obermeyer Wealth Partners 0.90% of their portfolio ASPEN, CO 316,106316.1k $15.3m $15.3m 0.90% Reduced -10.4k -10,365
29 TD Capital Management LLC 1.59% of their portfolio MEMPHIS, TN 308,597308.6k $14.9m $14.9m 1.59% Added +7.3k +7,300
30 TL Private Wealth 7.23% of their portfolio SOUTHLAKE, TX 304,795304.8k $14.6m $14.6m 7.23% Reduced -5.2k -5,154
31 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 304,570304.6k $14.7m $14.7m 0.04% Added +90.6k +90,642
32 IFP Advisors, Inc 0.63% of their portfolio TAMPA, FL 298,500298.5k $14.4m $14.4m 0.63% Added +63.3k +63,266
33 Private Advisor Group, LLC 0.10% of their portfolio MORRISTOWN, NJ 293,076293.1k $14.1m $14.1m 0.10% Reduced -5.1k -5,132
34 ERn Financial, LLC 2.43% of their portfolio MIDDLETON, WI 290,236290.2k $14.0m $14.0m 2.43% Added +15.7k +15,691
35 CONDOR CAPITAL MANAGEMENT 1.33% of their portfolio MARTINSVILLE, NJ 282,739282.7k $13.6m $13.6m 1.33% Added +50.7k +50,675
36 INSPIRION WEALTH ADVISORS, LLC 2.18% of their portfolio LIBERTYVILLE, IL 272,811272.8k $13.2m $13.2m 2.18% Reduced -121.1k -121,146
37 AE Wealth Management LLC 0.15% of their portfolio TOPEKA, KS 268,431268.4k $13.0m $13.0m 0.15% Reduced -41.0k -41,027
38 Financial Planning & Information Services, Inc. 1.94% of their portfolio DE PERE, WI 267,909267.9k $12.9m $12.9m 1.94% Reduced -3.3k -3,292
39 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 265,375265.4k $12.8m $12.8m 0.04% Added +33.6k +33,604
40 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 265,041265.0k $12.8m $12.8m 0.02% Reduced -29.4k -29,442
41 Financial Advocates Investment Management 0.73% of their portfolio OLYMPIA, WA 260,638260.6k $12.6m $12.6m 0.73% Added +113.8k +113,794
42 CLIFFORD SWAN INVESTMENT COUNSEL LLC 0.46% of their portfolio PASADENA, CA 256,309256.3k $12.4m $12.4m 0.46% Added +13.3k +13,290
43 Weitzel Financial Services, Inc. 6.21% of their portfolio DUBUQUE, IA 256,075256.1k $12.3m $12.3m 6.21% Reduced -7.9k -7,931
44 TAP Consulting, LLC 2.68% of their portfolio KIRKWOOD, MO 252,099252.1k $12.2m $12.2m 2.68% Reduced -25.8k -25,845
45 Prism Advisors, Inc. 3.65% of their portfolio STUDIO CITY, CA 251,667251.7k $12.1m $12.1m 3.65% Added +38.1k +38,132
46 HARBOUR INVESTMENTS, INC. 0.41% of their portfolio MADISON, WI 240,298240.3k $11.6m $11.6m 0.41% Added +44.4k +44,357
47 Stratos Wealth Advisors, LLC 0.68% of their portfolio BEACHWOOD, OH 239,027239.0k $11.5m $11.5m 0.68% Added +7.7k +7,711
48 RiverTree Advisors, LLC 7.55% of their portfolio WINTER PARK, FL 232,924232.9k $11.2m $11.2m 7.55% Reduced -2.5k -2,498
49 Financial Enhancement Group LLC 1.83% of their portfolio ANDERSON, IN 232,820232.8k $11.1m $11.1m 1.83% Reduced -335.7k -335,663
50 Heck Capital Advisors, LLC 1.71% of their portfolio Rhinelander, WI 232,766232.8k $11.2m $11.2m 1.71% Reduced -63.0k -63,016
51 Darwin Wealth Management, LLC 3.09% of their portfolio TAMPA, FL 229,924229.9k $11.1m $11.1m 3.09% Reduced -8.9k -8,862
52 Petix & Botte Co 2.73% of their portfolio LA MESA, CA 227,463227.5k $11.0m $11.0m 2.73% Reduced -234.6k -234,647
53 Kestra Advisory Services, LLC 0.07% of their portfolio AUSTIN, TX 227,234227.2k $11.0m $11.0m 0.07% Reduced -41.6k -41,636
54 Sweet Financial Partners, LLC 2.53% of their portfolio FAIRMONT, MN 226,722226.7k $10.9m $10.9m 2.53% New
55 Prospera Financial Services Inc 0.32% of their portfolio Dallas, TX 225,567225.6k $10.9m $10.9m 0.32% Added +38.3k +38,310
56 KESTRA PRIVATE WEALTH SERVICES, LLC 0.24% of their portfolio AUSTIN, TX 224,364224.4k $10.8m $10.8m 0.24% Reduced -29.2k -29,207
57 Aaron Wealth Advisors LLC 1.50% of their portfolio Chicago, IL 216,968217.0k $10.5m $10.5m 1.50% Reduced -50.3k -50,339
58 Ameritas Advisory Services, LLC 0.42% of their portfolio Lincoln, NE 210,320210.3k $10.1m $10.1m 0.42% Added +11.8k +11,800
59 EWG Elevate Inc. 3.84% of their portfolio ROSEVILLE, CA 209,050209.1k $10.1m $10.1m 3.84% Added +10.4k +10,407
60 AVANTAX ADVISORY SERVICES, INC. 0.08% of their portfolio DALLAS, TX 192,885192.9k $9.3m $9.3m 0.08% Reduced -8.4k -8,392
61 Kingsview Wealth Management, LLC 0.23% of their portfolio GRANTS PASS, OR 189,900189.9k $9.2m $9.2m 0.23% Reduced -12.2k -12,196
62 Composition Wealth, LLC 0.23% of their portfolio LOS ANGELES, CA 189,058189.1k $9.1m $9.1m 0.23% Added +26.6k +26,561
63 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 179,244179.2k $8.6m $8.6m 0.04% Reduced -17.5k -17,524
64 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 177,567177.6k $8.6m $8.6m 0.03% Reduced -4.8k -4,837
65 ATWOOD & PALMER INC 0.64% of their portfolio KANSAS CITY, MO 175,740175.7k $8.5m $8.5m 0.64% Added +167.5k +167,470
66 Walkner Condon Financial Advisors LLC 1.79% of their portfolio MADISON, WI 174,907174.9k $8.4m $8.4m 1.79% Reduced -35.0k -35,022
67 COMERICA BANK 0.04% of their portfolio DALLAS, TX 171,415171.4k $8.3m $8.3m 0.04% Added +11.0k +11,010
68 Sigma Planning Corp 0.26% of their portfolio ANN ARBOR, MI 168,822168.8k $8.1m $8.1m 0.26% Added +74.2k +74,197
69 NewEdge Advisors, LLC 0.07% of their portfolio NEW ORLEANS, LA 167,253167.3k $8.1m $8.1m 0.07% Added +32.2k +32,168
70 PFS Partners, LLC 5.47% of their portfolio MINE HILL, NJ 167,219167.2k $8.1m $8.1m 5.47% Added +14.7k +14,675
71 Atlas Private Wealth Management, LLC 3.24% of their portfolio ALBANY, NY 159,628159.6k $7.7m $7.7m 3.24% Added +1.6k +1,614
72 TBH Global Asset Management, LLC 1.47% of their portfolio Brentwood, TN 152,230152.2k $7.3m $7.3m 1.47% Reduced -26.8k -26,785
73 Stratos Wealth Partners, LTD. 0.12% of their portfolio BEACHWOOD, OH 148,068148.1k $7.1m $7.1m 0.12% Reduced -6.7k -6,737
74 Friedenthal Financial 4.20% of their portfolio MARLTON, NJ 141,443141.4k $6.8m $6.8m 4.20% Added +91.0k +91,023
75 SSI INVESTMENT MANAGEMENT LLC 0.51% of their portfolio Los Angeles, CA 139,589139.6k $6.7m $6.7m 0.51% Added +321 +321
76 LexAurum Advisors, LLC 1.68% of their portfolio OVERLAND PARK, KS 138,883138.9k $6.7m $6.7m 1.68% Reduced -2.2k -2,228
77 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 137,363137.4k $6.6m $6.6m 0.02% Added +33.8k +33,750
78 EdgeRock Capital LLC 5.23% of their portfolio DENVER, CO 136,047136.0k $6.6m $6.6m 5.23% Added +282 +282
79 Manhattan West Asset Management, LLC 1.55% of their portfolio Los Angeles, CA 134,125134.1k $6.5m $6.5m 1.55% Added +18.3k +18,294
80 Independent Advisor Alliance 0.23% of their portfolio CHARLOTTE, NC 132,885132.9k $6.4m $6.4m 0.23% Added +18.9k +18,923
81 TCP Asset Management, LLC 1.63% of their portfolio Upper Arlington, OH 127,951128.0k $6.2m $6.2m 1.63% Added +30.8k +30,825
82 Ameritas Investment Partners, Inc. 0.21% of their portfolio LINCOLN, NE 126,532126.5k $6.1m $6.1m 0.21% Added +8.7k +8,723
83 Grove Bank & Trust 1.02% of their portfolio Miami, FL 125,482125.5k $6.1m $6.1m 1.02% Added +11.1k +11,075
84 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 121,803121.8k $5.9m $5.9m 0.02% Reduced -19.4k -19,374
85 D.A. DAVIDSON & CO. 0.05% of their portfolio GREAT FALLS, MT 121,801121.8k $5.9m $5.9m 0.05% Added +8.5k +8,501
86 Atria Wealth Solutions, Inc. 0.06% of their portfolio NEW YORK, NY 118,241118.2k $5.7m $5.7m 0.06% Reduced -7.7k -7,668
87 Lunt Capital Management, Inc. 2.79% of their portfolio HOLLADAY, UT 116,702116.7k $5.6m $5.6m 2.79% Added +5.2k +5,236
88 Prosperity Financial Group, Inc. 3.32% of their portfolio San Ramon, CA 111,555111.6k $5.4m $5.4m 3.32% New
89 Visionary Wealth Advisors 0.36% of their portfolio O'FALLON, IL 109,834109.8k $5.3m $5.3m 0.36% Added +2.8k +2,840
90 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 104,941104.9k $5.1m $5.1m 0.01% Added +14.5k +14,508
91 Alpha Financial Advisors, LLC 2.14% of their portfolio CHARLOTTE, NC 94,10794.1k $4.5m $4.5m 2.14% Added +1.6k +1,565
92 Clear Creek Financial Management, LLC 0.57% of their portfolio SILVERDALE, WA 92,97993.0k $4.5m $4.5m 0.57% Added +22.7k +22,708
93 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 89,37389.4k $4.3m $4.3m 0.06% Reduced -22.5k -22,468
94 Snowden Capital Advisors LLC 0.13% of their portfolio New York, NY 89,25989.3k $4.3m $4.3m 0.13% Reduced -23.6k -23,551
95 Midwest Financial Group LLC 2.86% of their portfolio Overland Park, KS 88,22388.2k $4.3m $4.3m 2.86% Reduced -698 -698
96 Migdal Insurance & Financial Holdings Ltd. 0.06% of their portfolio Petach Tikva, L3 81,24081.2k $3.9m $3.9m 0.06% Added +2.9k +2,890
97 IAMS WEALTH MANAGEMENT, LLC 2.20% of their portfolio OMAHA, NE 74,98175.0k $3.6m $3.6m 2.20% Added +5.3k +5,253
98 WR Wealth Planners, LLC 1.09% of their portfolio COLUMBIA, MO 72,57972.6k $3.5m $3.5m 1.09% Added +2.4k +2,353
99 SILVER OAK SECURITIES, INCORPORATED 0.53% of their portfolio JACKSON, TN 72,22072.2k $3.5m $3.5m 0.53% Reduced -6.9k -6,941
100 BOSTON FINANCIAL MANGEMENT LLC 0.10% of their portfolio BOSTON, MA 68,27268.3k $3.3m $3.3m 0.10% Added +9.5k +9,515