Vault-13

FIRST TR EXCHANGE-TRADED FD LMBS

FST LOW OPPT EFT · ETP · CUSIP 33739Q200

392 institutional holders +15 vs Q1 2024
65,844,42565.8m shares reported held*
$3.2bnreported value*
37 new 150 added 162 reduced 24 sold out net sold ≈ $1.1bn (-23.3m 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 ($7.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $47.99. Options: 2 managers hold calls ($9.6k notional), 2 hold puts ($124.9k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 382Q4 22: 380Q1 23: 380Q2 23: 380Q3 23: 374Q4 23: 382Q1 24: 377Q2 24: 392392Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022382
Q4 2022380
Q1 2023380
Q2 2023380
Q3 2023374
Q4 2023382
Q1 2024377
Q2 2024392

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 outQ2 23: 163 bought or addedQ2 23: 206 cut or sold outQ2 23Q3 23: 136 bought or addedQ3 23: 228 cut or sold outQ4 23: 139 bought or addedQ4 23: 233 cut or sold outQ4 23Q1 24: 175 bought or addedQ1 24: 193 cut or sold outQ2 24: 187 bought or addedQ2 24: 186 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022124245
Q1 2023157206
Q2 2023163206
Q3 2023136228
Q4 2023139233
Q1 2024175193
Q2 2024187186

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 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 —Q2 24 calls: $9.6kQ2 24 puts: $124.9kQ2 24P/C 13.00
Numbers
QuarterCallsPutsP/C
Q3 2023$415.7k$52.0k0.12
Q4 2023$270.6k$328.6k1.21
Q1 2024$0$0—
Q2 2024$9.6k$124.9k13.00

Biggest buyers

LPL Financial LLC Added +550,017+550.0k
JPMORGAN CHASE & CO Added +529,872+529.9k
Brookstone Capital Management Added +449,249+449.2k
WIN ADVISORS, INC New +239,815+239.8k
Petix & Botte Co Added +224,111+224.1k
FIRST TRUST ADVISORS LP Added +207,235+207.2k
Integrated Wealth Concepts LLC Added +174,760+174.8k
Focus Partners Wealth New +171,763+171.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +152,690+152.7k
MRA Advisory Group Added +149,117+149.1k

Biggest sellers

MORGAN STANLEY Reduced -24,019,052-24.0m
Global Assets Advisory, LLC Sold out -1,290,892-1.3m
BANK OF AMERICA CORP /DE/ Reduced -571,087-571.1k
ERn Financial, LLC Reduced -274,436-274.4k
Financial Advocates Investment Management Reduced -190,186-190.2k
American Financial Advisors, LLC Reduced -172,934-172.9k
IFP Advisors, Inc Reduced -168,480-168.5k
RENAISSANCE TECHNOLOGIES LLC Reduced -150,842-150.8k
Stratos Wealth Advisors, LLC Reduced -129,307-129.3k
STIFEL FINANCIAL CORP Reduced -110,312-110.3k

Biggest calls

CITADEL ADVISORS LLC New $9.6k200 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC New $124.9k2.6k 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 11,947,93911.9m $574.1m $574.1m 0.04% Reduced -24.0m -24,019,052
2 LPL Financial LLC 0.18% of their portfolio FORT MILL, SC 7,631,6997.6m $366.7m $366.7m 0.18% Added +550.0k +550,017
3 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 4,657,6214.7m $223.8m $223.8m 0.06% Reduced -91.4k -91,411
4 UBS Group AG 0.05% of their portfolio ZURICH, V8 3,629,4893.6m $174.4m $174.4m 0.05% Added +118.4k +118,403
5 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,493,3632.5m $119.8m $119.8m 0.03% Reduced -12.7k -12,698
6 Raymond James Financial Services Advisors, Inc. 0.14% of their portfolio ST. PETERSBURG, FL 2,011,5742.0m $96.7m $96.7m 0.14% Added +10.9k +10,854
7 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,336,5801.3m $64.2m $64.2m 0.01% Reduced -571.1k -571,087
8 FIRST TRUST ADVISORS LP 0.06% of their portfolio Wheaton, IL 1,198,5111.2m $57.6m $57.6m 0.06% Added +207.2k +207,235
9 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 964,019964.0k $46.3m $46.3m 0.02% Added +15.4k +15,450
10 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 940,225940.2k $45.2m $45.2m 0.10% Added +140.1k +140,132
11 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 867,184867.2k $41.7m $41.7m 0.05% Reduced -110.3k -110,312
12 Berger Financial Group, Inc 3.26% of their portfolio PLYMOUTH, MN 850,192850.2k $40.9m $40.9m 3.26% Added +23.3k +23,327
13 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 763,874763.9k $36.7m $36.7m 0.02% Added +10.1k +10,148
14 Concurrent Investment Advisors, LLC 1.12% of their portfolio Tampa, FL 704,129704.1k $33.8m $33.8m 1.12% Added +81.6k +81,638
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 698,281698.3k $33.6m $33.6m 0.03% Added +78.9k +78,879
16 Csenge Advisory Group 1.90% of their portfolio CLEARWATER, FL 696,529696.5k $33.5m $33.5m 1.90% Added +11.3k +11,278
17 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 680,966681.0k $32.7m $32.7m 0.05% Added +56.5k +56,528
18 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 632,309632.3k $30.4m $30.4m 0.07% Reduced -65.0k -65,029
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 565,710565.7k $27.2m $27.2m 0.00% Added +529.9k +529,872
20 Brookstone Capital Management 0.38% of their portfolio WHEATON, IL 471,136471.1k $22.9m $22.9m 0.38% Added +449.2k +449,249
21 Trilogy Capital Inc. 1.22% of their portfolio IRVINE, CA 465,840465.8k $22.4m $22.4m 1.22% Reduced -5.2k -5,170
22 Petix & Botte Co 6.15% of their portfolio LA MESA, CA 451,574451.6k $21.7m $21.7m 6.15% Added +224.1k +224,111
23 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 449,695449.7k $21.6m $21.6m 0.08% Reduced -12.4k -12,406
24 STEPHENS INC /AR/ 0.29% of their portfolio LITTLE ROCK, AR 394,791394.8k $19.0m $19.0m 0.29% Reduced -13.2k -13,211
25 SEARCY FINANCIAL SERVICES INC /ADV 9.35% of their portfolio OVERLAND PARK, KS 389,900389.9k $18.7m $18.7m 9.35% Added +10.1k +10,083
26 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 380,468380.5k $18.3m $18.3m 0.04% Added +29.6k +29,593
27 American Financial Advisors, LLC 2.49% of their portfolio Marietta, GA 363,945363.9k $17.5m $17.5m 2.49% Reduced -172.9k -172,934
28 Prospera Financial Services Inc 0.46% of their portfolio Dallas, TX 345,465345.5k $16.6m $16.6m 0.46% Added +119.9k +119,898
29 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 342,621342.6k $16.5m $16.5m 0.03% Reduced -1.4k -1,391
30 TD Capital Management LLC 1.71% of their portfolio MEMPHIS, TN 339,453339.5k $16.3m $16.3m 1.71% Added +30.9k +30,856
31 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 307,806307.8k $14.8m $14.8m 0.04% Added +3.2k +3,236
32 TL Private Wealth 6.66% of their portfolio SOUTHLAKE, TX 302,827302.8k $14.7m $14.7m 6.66% Reduced -2.0k -1,968
33 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 300,558300.6k $14.4m $14.4m 0.02% Reduced -150.8k -150,842
34 CONDOR CAPITAL MANAGEMENT 1.37% of their portfolio MARTINSVILLE, NJ 298,787298.8k $14.4m $14.4m 1.37% Added +16.0k +16,048
35 Obermeyer Wealth Partners 0.81% of their portfolio ASPEN, CO 295,876295.9k $14.2m $14.2m 0.81% Reduced -20.2k -20,230
36 AE Wealth Management LLC 0.14% of their portfolio TOPEKA, KS 281,809281.8k $13.5m $13.5m 0.14% Added +13.4k +13,378
37 INSPIRION WEALTH ADVISORS, LLC 2.03% of their portfolio LIBERTYVILLE, IL 275,894275.9k $13.3m $13.3m 2.03% Added +3.1k +3,083
38 Financial Planning & Information Services, Inc. 2.00% of their portfolio DE PERE, WI 272,956273.0k $13.1m $13.1m 2.00% Added +5.0k +5,047
39 HARBOUR INVESTMENTS, INC. 0.43% of their portfolio MADISON, WI 268,105268.1k $12.9m $12.9m 0.43% Added +27.8k +27,807
40 Integrated Wealth Concepts LLC 0.17% of their portfolio WALTHAM, MA 264,133264.1k $12.7m $12.7m 0.17% Added +174.8k +174,760
41 TAP Consulting, LLC 2.66% of their portfolio KIRKWOOD, MO 262,664262.7k $12.6m $12.6m 2.66% Added +10.6k +10,565
42 Prism Advisors, Inc. 3.82% of their portfolio STUDIO CITY, CA 262,188262.2k $12.6m $12.6m 3.82% Added +10.5k +10,521
43 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 253,477253.5k $12.2m $12.2m 0.02% Reduced -11.6k -11,564
44 Weitzel Financial Services, Inc. 6.04% of their portfolio DUBUQUE, IA 252,255252.3k $12.1m $12.1m 6.04% Reduced -3.8k -3,820
45 Kestra Advisory Services, LLC 0.07% of their portfolio AUSTIN, TX 251,094251.1k $12.1m $12.1m 0.07% Added +23.9k +23,860
46 NewEdge Advisors, LLC 0.09% of their portfolio NEW ORLEANS, LA 244,360244.4k $11.7m $11.7m 0.09% Added +77.1k +77,107
47 WIN ADVISORS, INC 5.14% of their portfolio PALM BEACH GARDENS, FL 239,815239.8k $11.5m $11.5m 5.14% New
48 Financial Enhancement Group LLC 1.86% of their portfolio ANDERSON, IN 236,083236.1k $11.5m $11.5m 1.86% Added +3.3k +3,263
49 Heck Capital Advisors, LLC 1.40% of their portfolio Rhinelander, WI 233,717233.7k $11.2m $11.2m 1.40% Added +951 +951
50 CLIFFORD SWAN INVESTMENT COUNSEL LLC 0.42% of their portfolio PASADENA, CA 233,059233.1k $11.2m $11.2m 0.42% Reduced -23.2k -23,250
51 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 230,354230.4k $11.1m $11.1m 0.03% Reduced -35.0k -35,021
52 RiverTree Advisors, LLC 7.56% of their portfolio WINTER PARK, FL 230,259230.3k $11.1m $11.1m 7.56% Reduced -2.7k -2,665
53 Sweet Financial Partners, LLC 2.52% of their portfolio FAIRMONT, MN 229,439229.4k $11.0m $11.0m 2.52% Added +2.7k +2,717
54 Darwin Wealth Management, LLC 5.32% of their portfolio TAMPA, FL 223,139223.1k $10.7m $10.7m 5.32% Reduced -6.8k -6,785
55 KESTRA PRIVATE WEALTH SERVICES, LLC 0.21% of their portfolio AUSTIN, TX 219,136219.1k $10.5m $10.5m 0.21% Reduced -5.2k -5,228
56 EWG Elevate Inc. 3.83% of their portfolio ROSEVILLE, CA 218,045218.0k $10.5m $10.5m 3.83% Added +9.0k +8,995
57 Private Advisor Group, LLC 0.07% of their portfolio MORRISTOWN, NJ 216,708216.7k $10.4m $10.4m 0.07% Reduced -76.4k -76,368
58 Aaron Wealth Advisors LLC 1.43% of their portfolio Chicago, IL 214,889214.9k $10.3m $10.3m 1.43% Reduced -2.1k -2,079
59 ATWOOD & PALMER INC 0.77% of their portfolio KANSAS CITY, MO 210,715210.7k $10.1m $10.1m 0.77% Added +35.0k +34,975
60 AVANTAX ADVISORY SERVICES, INC. 0.07% of their portfolio DALLAS, TX 208,032208.0k $10.0m $10.0m 0.07% Added +15.1k +15,147
61 Walkner Condon Financial Advisors LLC 2.12% of their portfolio MADISON, WI 204,068204.1k $9.8m $9.8m 2.12% Added +29.2k +29,161
62 Ameritas Advisory Services, LLC 0.37% of their portfolio Lincoln, NE 201,542201.5k $9.7m $9.7m 0.37% Reduced -8.8k -8,778
63 Composition Wealth, LLC 0.23% of their portfolio LOS ANGELES, CA 199,236199.2k $9.6m $9.6m 0.23% Added +10.2k +10,178
64 Kingsview Wealth Management, LLC 0.22% of their portfolio GRANTS PASS, OR 189,943189.9k $9.1m $9.1m 0.22% Added +43 +43
65 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 186,373186.4k $9.0m $9.0m 0.04% Added +7.1k +7,129
66 COMERICA BANK 0.03% of their portfolio DALLAS, TX 173,987174.0k $8.4m $8.4m 0.03% Added +2.6k +2,572
67 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 171,942171.9k $8.3m $8.3m 0.03% Reduced -5.6k -5,625
68 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 171,763171.8k $8.3m $8.3m 0.03% New
69 PFS Partners, LLC 5.11% of their portfolio MINE HILL, NJ 168,414168.4k $8.1m $8.1m 5.11% Added +1.2k +1,195
70 MRA Advisory Group 4.51% of their portfolio PARSIPPANY, NJ 164,067164.1k $7.9m $7.9m 4.51% Added +149.1k +149,117
71 Sigma Planning Corp 0.25% of their portfolio ANN ARBOR, MI 163,898163.9k $7.9m $7.9m 0.25% Reduced -4.9k -4,924
72 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 162,281162.3k $7.8m $7.8m 0.02% Added +24.9k +24,918
73 Stratos Wealth Partners, LTD. 0.12% of their portfolio BEACHWOOD, OH 153,146153.1k $7.4m $7.4m 0.12% Added +5.1k +5,078
74 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 152,690152.7k $7.3m $7.3m 0.01% New
75 LexAurum Advisors, LLC 1.75% of their portfolio OVERLAND PARK, KS 149,170149.2k $7.2m $7.2m 1.75% Added +10.3k +10,287
76 EdgeRock Capital LLC 5.17% of their portfolio DENVER, CO 139,060139.1k $6.7m $6.7m 5.17% Added +3.0k +3,013
77 SSI INVESTMENT MANAGEMENT LLC 0.51% of their portfolio Los Angeles, CA 138,038138.0k $6.6m $6.6m 0.51% Reduced -1.6k -1,551
78 Ameritas Investment Partners, Inc. 0.23% of their portfolio LINCOLN, NE 137,894137.9k $6.6m $6.6m 0.23% Added +11.4k +11,362
79 Independent Advisor Alliance 0.23% of their portfolio CHARLOTTE, NC 137,477137.5k $6.6m $6.6m 0.23% Added +4.6k +4,592
80 TCP Asset Management, LLC 1.61% of their portfolio Upper Arlington, OH 132,108132.1k $6.3m $6.3m 1.61% Added +4.2k +4,157
81 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 131,728131.7k $6.3m $6.3m 0.01% Added +26.8k +26,787
82 IFP Advisors, Inc 0.25% of their portfolio TAMPA, FL 130,020130.0k $6.2m $6.2m 0.25% Reduced -168.5k -168,480
83 D.A. DAVIDSON & CO. 0.05% of their portfolio GREAT FALLS, MT 125,332125.3k $6.0m $6.0m 0.05% Added +3.5k +3,531
84 Grove Bank & Trust 0.94% of their portfolio Miami, FL 122,274122.3k $5.9m $5.9m 0.94% Reduced -3.2k -3,208
85 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 122,145122.1k $5.9m $5.9m 0.02% Added +342 +342
86 Atria Wealth Solutions, Inc. 0.06% of their portfolio NEW YORK, NY 119,269119.3k $5.7m $5.7m 0.06% Added +1.0k +1,028
87 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 118,580118.6k $5.7m $5.7m 0.01% New
88 Lunt Capital Management, Inc. 2.80% of their portfolio HOLLADAY, UT 118,137118.1k $5.7m $5.7m 2.80% Added +1.4k +1,435
89 Visionary Wealth Advisors 0.36% of their portfolio O'FALLON, IL 115,347115.3k $5.5m $5.5m 0.36% Added +5.5k +5,513
90 Strategic Financial Concepts, LLC 0.02% of their portfolio SAN ANTONIO, TX 110,539110.5k $29.3k $29.3k 0.02% New
91 Stratos Wealth Advisors, LLC 0.26% of their portfolio BEACHWOOD, OH 109,720109.7k $5.3m $5.3m 0.26% Reduced -129.3k -129,307
92 Manhattan West Asset Management, LLC 1.42% of their portfolio Los Angeles, CA 109,127109.1k $5.2m $5.2m 1.42% Reduced -25.0k -24,998
93 Clear Creek Financial Management, LLC 0.60% of their portfolio SILVERDALE, WA 103,213103.2k $5.0m $5.0m 0.60% Added +10.2k +10,234
94 Prosperity Financial Group, Inc. 2.96% of their portfolio San Ramon, CA 97,44197.4k $4.7m $4.7m 2.96% Reduced -14.1k -14,114
95 TBH Global Asset Management, LLC 0.99% of their portfolio Brentwood, TN 93,19793.2k $4.5m $4.5m 0.99% Reduced -59.0k -59,033
96 Alpha Financial Advisors, LLC 2.14% of their portfolio CHARLOTTE, NC 92,55092.5k $4.4m $4.4m 2.14% Reduced -1.6k -1,557
97 Midwest Financial Group LLC 2.77% of their portfolio Overland Park, KS 90,51990.5k $4.3m $4.3m 2.77% Added +2.3k +2,296
98 James J. Burns & Company, LLC 0.84% of their portfolio MELVILLE, NY 88,48488.5k $4.3m $4.3m 0.84% Added +44.3k +44,298
99 Snowden Capital Advisors LLC 0.13% of their portfolio New York, NY 88,42788.4k $4.2m $4.2m 0.13% Reduced -832 -832
100 Vestmark Advisory Solutions, Inc. 0.17% of their portfolio Wakefield, MA 86,98887.0k $4.2m $4.2m 0.17% Added +67.3k +67,331