Vault-13

FIRST TR EXCHANGE-TRADED FD LMBS

FST LOW OPPT EFT · ETP · CUSIP 33739Q200

410 institutional holders -8 vs Q4 2024
77,757,43777.8m shares reported held*
$3.8bnreported value*
35 new 183 added 146 reduced 34 sold out net bought ≈ $173.2m (+3.5m 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 ($270.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.15. Options: 2 managers hold calls ($245.8k notional), 1 hold puts ($0).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 382Q4 22: 380Q1 23: 380Q2 23: 380Q3 23: 374Q4 23: 382Q1 24: 377Q2 24: 392Q3 24: 394Q4 24: 418Q1 25: 410410Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022382
Q4 2022380
Q1 2023380
Q2 2023380
Q3 2023374
Q4 2023382
Q1 2024377
Q2 2024392
Q3 2024394
Q4 2024418
Q1 2025410

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 163 bought or addedQ2 23: 206 cut or sold outQ3 23: 136 bought or addedQ3 23: 228 cut or sold outQ3 23Q4 23: 139 bought or addedQ4 23: 233 cut or sold outQ1 24: 175 bought or addedQ1 24: 193 cut or sold outQ1 24Q2 24: 187 bought or addedQ2 24: 186 cut or sold outQ3 24: 213 bought or addedQ3 24: 164 cut or sold outQ3 24Q4 24: 199 bought or addedQ4 24: 176 cut or sold outQ1 25: 218 bought or addedQ1 25: 180 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023163206
Q3 2023136228
Q4 2023139233
Q1 2024175193
Q2 2024187186
Q3 2024213164
Q4 2024199176
Q1 2025218180

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ2 24 calls: $9.6kQ2 24 puts: $124.9kQ2 24P/C 13.00Q3 24 calls: $0Q3 24 puts: $0Q3 24P/C —Q4 24 calls: $194.7kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $245.8kQ1 25 puts: $0Q1 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2024$9.6k$124.9k13.00
Q3 2024$0$0—
Q4 2024$194.7k$00.00
Q1 2025$245.8k$00.00

Biggest buyers

MORGAN STANLEY Added +819,510+819.5k
RAYMOND JAMES FINANCIAL INC Added +343,406+343.4k
HighTower Advisors, LLC Added +340,107+340.1k
Geneos Wealth Management Inc. Added +302,192+302.2k
Financial Enhancement Group LLC Added +244,979+245.0k
WELLS FARGO & COMPANY/MN Added +231,160+231.2k
OSAIC HOLDINGS, INC. Added +197,366+197.4k
COMMONWEALTH EQUITY SERVICES, LLC Added +173,388+173.4k
Walkner Condon Financial Advisors LLC Added +159,873+159.9k
Summit Financial, LLC Added +143,845+143.8k

Biggest sellers

W1M Asset Management Ltd Sold out -303,024-303.0k
CONDOR CAPITAL MANAGEMENT Reduced -274,272-274.3k
Independent Advisor Alliance Reduced -242,143-242.1k
Focus Partners Wealth Reduced -186,350-186.3k
ROYAL BANK OF CANADA Reduced -128,677-128.7k
Spire Wealth Management Reduced -102,767-102.8k
Clear Creek Financial Management, LLC Reduced -83,190-83.2k
Mattson Financial Services, LLC Reduced -74,684-74.7k
SSI INVESTMENT MANAGEMENT LLC Reduced -73,266-73.3k
Janney Montgomery Scott LLC Reduced -72,097-72.1k

Biggest calls

CITADEL ADVISORS LLC Added $245.8k5.0k shares
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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 12,889,62112.9m $633.7m $633.7m 0.05% Added +819.5k +819,510
2 LPL Financial LLC 0.18% of their portfolio FORT MILL, SC 9,249,6959.2m $454.7m $454.7m 0.18% Reduced -19.7k -19,659
3 WELLS FARGO & COMPANY/MN 0.06% of their portfolio SAN FRANCISCO, CA 5,084,4475.1m $250.0m $250.0m 0.06% Added +231.2k +231,160
4 UBS Group AG 0.04% of their portfolio ZURICH, V8 4,129,4644.1m $203.0m $203.0m 0.04% Reduced -24.1k -24,108
5 RAYMOND JAMES FINANCIAL INC 0.06% of their portfolio ST. PETERSBURG, FL 3,410,2623.4m $167.6m $167.6m 0.06% Added +343.4k +343,406
6 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,610,3012.6m $128.3m $128.3m 0.03% Reduced -128.7k -128,677
7 Cetera Investment Advisers 0.16% of their portfolio SCHAUMBURG, IL 1,712,8731.7m $84.2m $84.2m 0.16% Reduced -11.3k -11,328
8 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,381,7371.4m $67.9m $67.9m 0.01% Added +132.7k +132,691
9 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 996,316996.3k $49.0m $49.0m 0.07% Added +173.4k +173,388
10 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 989,871989.9k $48.7m $48.7m 0.04% Reduced -64.6k -64,643
11 Berger Financial Group, Inc 3.31% of their portfolio PLYMOUTH, MN 970,373970.4k $47.7m $47.7m 3.31% Added +88.8k +88,782
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 928,446928.4k $45.6m $45.6m 0.01% Reduced -40.0k -40,028
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 796,139796.1k $39.1m $39.1m 0.03% Added +93.7k +93,675
14 Clearwater Capital Advisors, LLC 3.54% of their portfolio HOFFMAN ESTATES, IL 746,011746.0k $36.7m $36.7m 3.54% Added +22.0k +22,032
15 Concurrent Investment Advisors, LLC 0.89% of their portfolio Tampa, FL 742,056742.1k $36.5m $36.5m 0.89% Added +36.6k +36,557
16 Csenge Advisory Group 1.98% of their portfolio CLEARWATER, FL 712,177712.2k $34.8m $34.8m 1.98% Added +7.2k +7,202
17 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 706,227706.2k $34.7m $34.7m 0.05% Added +340.1k +340,107
18 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 675,622675.6k $33.2m $33.2m 0.07% Added +197.4k +197,366
19 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 633,192633.2k $31.1m $31.1m 0.03% Added +32.4k +32,429
20 Trilogy Capital Inc. 1.37% of their portfolio IRVINE, CA 532,196532.2k $26.2m $26.2m 1.37% Added +45.0k +45,034
21 Prospera Financial Services Inc 0.58% of their portfolio Dallas, TX 513,412513.4k $25.2m $25.2m 0.58% Added +23.0k +23,034
22 Financial Enhancement Group LLC 3.78% of their portfolio ANDERSON, IN 497,099497.1k $24.2m $24.2m 3.78% Added +245.0k +244,979
23 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 497,094497.1k $24.4m $24.4m 0.05% Reduced -14.9k -14,922
24 Private Advisor Group, LLC 0.14% of their portfolio MORRISTOWN, NJ 475,013475.0k $23.4m $23.4m 0.14% Added +20.9k +20,935
25 Cambridge Investment Research Advisors, Inc. 0.08% of their portfolio FAIRFIELD, IA 468,274468.3k $23.0m $23.0m 0.08% Added +17.2k +17,234
26 Harvest Investment Services, LLC 6.33% of their portfolio Oakbrook Terrace, IL 462,623462.6k $22.7m $22.7m 6.33% Added +7.4k +7,413
27 HARBOUR INVESTMENTS, INC. 0.64% of their portfolio MADISON, WI 455,173455.2k $22.4m $22.4m 0.64% Added +123.7k +123,651
28 Brookstone Capital Management 0.31% of their portfolio WHEATON, IL 437,877437.9k $21.5m $21.5m 0.31% Reduced -27.5k -27,467
29 Heck Capital Advisors, LLC 2.41% of their portfolio Rhinelander, WI 435,570435.6k $21.4m $21.4m 2.41% Added +29.0k +28,990
30 Geneos Wealth Management Inc. 0.30% of their portfolio ENGLEWOOD, CO 427,745427.7k $21.0m $21.0m 0.30% Added +302.2k +302,192
31 INSPIRION WEALTH ADVISORS, LLC 2.82% of their portfolio LIBERTYVILLE, IL 412,258412.3k $20.3m $20.3m 2.82% Reduced -1.8k -1,843
32 Cerity Partners LLC 0.04% of their portfolio NEW YORK, NY 404,605404.6k $19.9m $19.9m 0.04% Added +10.9k +10,938
33 SEARCY FINANCIAL SERVICES INC /ADV 8.30% of their portfolio OVERLAND PARK, KS 390,292390.3k $19.2m $19.2m 8.30% Added +9.7k +9,704
34 STEPHENS INC /AR/ 0.27% of their portfolio LITTLE ROCK, AR 371,549371.5k $18.3m $18.3m 0.27% Reduced -27.5k -27,504
35 Aaron Wealth Advisors LLC 1.99% of their portfolio Chicago, IL 352,416352.4k $17.3m $17.3m 1.99% Added +99.1k +99,146
36 CWM, LLC 0.07% of their portfolio OMAHA, NE 345,422345.4k $17.0m $17.0m 0.07% Added +13.5k +13,455
37 American Financial Advisors, LLC 2.45% of their portfolio Marietta, GA 343,686343.7k $16.9m $16.9m 2.45% Reduced -3.1k -3,081
38 RENAISSANCE TECHNOLOGIES LLC 0.02% of their portfolio NEW YORK, NY 324,200324.2k $15.9m $15.9m 0.02% Added +96.5k +96,500
39 TD Capital Management LLC 1.56% of their portfolio MEMPHIS, TN 312,333312.3k $15.4m $15.4m 1.56% Reduced -582 -582
40 Integrated Wealth Concepts LLC 0.18% of their portfolio WALTHAM, MA 311,174311.2k $15.3m $15.3m 0.18% Added +41.4k +41,383
41 ATWOOD & PALMER INC 1.06% of their portfolio KANSAS CITY, MO 310,145310.1k $15.2m $15.2m 1.06% Added +40.3k +40,299
42 CLIFFORD SWAN INVESTMENT COUNSEL LLC 0.56% of their portfolio PASADENA, CA 308,919308.9k $15.2m $15.2m 0.56% Reduced -7.7k -7,735
43 KESTRA PRIVATE WEALTH SERVICES, LLC 0.25% of their portfolio AUSTIN, TX 307,968308.0k $15.1m $15.1m 0.25% Added +8.0k +7,973
44 Fairvoy Private Wealth, LLC 4.14% of their portfolio BIRMINGHAM, AL 306,728306.7k $15.1m $15.1m 4.14% Added +64.7k +64,744
45 AVANTAX ADVISORY SERVICES, INC. 0.09% of their portfolio DALLAS, TX 303,446303.4k $14.9m $14.9m 0.09% Reduced -907 -907
46 TL Private Wealth 7.32% of their portfolio SOUTHLAKE, TX 302,475302.5k $14.8m $14.8m 7.32% Added +1.2k +1,210
47 Obermeyer Wealth Partners 0.78% of their portfolio ASPEN, CO 299,089299.1k $14.7m $14.7m 0.78% Added +22.0k +21,965
48 Petix & Botte Co 3.82% of their portfolio LA MESA, CA 295,219295.2k $14.5m $14.5m 3.82% Reduced -51.2k -51,217
49 NewEdge Advisors, LLC 0.08% of their portfolio NEW ORLEANS, LA 289,409289.4k $14.2m $14.2m 0.08% Added +21.0k +21,047
50 Prism Advisors, Inc. 4.31% of their portfolio STUDIO CITY, CA 284,791284.8k $14.0m $14.0m 4.31% Reduced -697 -697
51 Walkner Condon Financial Advisors LLC 2.77% of their portfolio MADISON, WI 279,039279.0k $13.7m $13.7m 2.77% Added +159.9k +159,873
52 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 267,597267.6k $13.2m $13.2m 0.02% Added +7.1k +7,090
53 Atria Investments, Inc 0.17% of their portfolio Charlotte, NC 267,144267.1k $13.1m $13.1m 0.17% Reduced -2.9k -2,915
54 Mariner, LLC 0.02% of their portfolio Overland Park, KS 262,879262.9k $12.9m $12.9m 0.02% Added +15.4k +15,351
55 Weitzel Financial Services, Inc. 5.87% of their portfolio DUBUQUE, IA 252,769252.8k $12.3m $12.3m 5.87% Unchanged
56 Foundations Investment Advisors, LLC 0.23% of their portfolio PHOENIX, AZ 252,445252.4k $12.4m $12.4m 0.23% Reduced -443 -443
57 Rockefeller Capital Management L.P. 0.03% of their portfolio NEW YORK, NY 249,278249.3k $12.3m $12.3m 0.03% Added +121.4k +121,372
58 Long Run Wealth Advisors, LLC 2.68% of their portfolio Lake Placid, NY 240,039240.0k $11.8m $11.8m 2.68% Added +14.3k +14,271
59 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 235,597235.6k $11.6m $11.6m 0.06% Added +44.2k +44,175
60 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 227,406227.4k $11.2m $11.2m 0.03% Reduced -72.1k -72,097
61 ASSETMARK, INC 0.03% of their portfolio CONCORD, CA 226,186226.2k $11.1m $11.1m 0.03% Added +26.0k +25,999
62 First International Bank & Trust 3.47% of their portfolio WATFORD CITY, ND 223,285223.3k $11.0m $11.0m 3.47% Added +12.3k +12,297
63 PFS Partners, LLC 5.66% of their portfolio MINE HILL, NJ 216,430216.4k $10.6m $10.6m 5.66% Added +3.8k +3,788
64 MRA Advisory Group 5.54% of their portfolio PARSIPPANY, NJ 211,367211.4k $10.4m $10.4m 5.54% Added +10.2k +10,197
65 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 204,037204.0k $10.0m $10.0m 0.03% Added +13.0k +12,954
66 EWG Elevate Inc. 3.80% of their portfolio ROSEVILLE, CA 204,022204.0k $10.0m $10.0m 3.80% Reduced -24.6k -24,555
67 Secure Asset Management, LLC 2.02% of their portfolio Troy, MI 203,138203.1k $10.0m $10.0m 2.02% Added +83.1k +83,074
68 Kingsview Wealth Management, LLC 0.18% of their portfolio GRANTS PASS, OR 198,207198.2k $9.7m $9.7m 0.18% Reduced -30.4k -30,409
69 Ameritas Advisory Services, LLC 0.39% of their portfolio Lincoln, NE 196,423196.4k $9.6m $9.6m 0.39% Reduced -10.2k -10,248
70 Clear Creek Financial Management, LLC 0.99% of their portfolio SILVERDALE, WA 194,589194.6k $9.6m $9.6m 0.99% Reduced -83.2k -83,190
71 COMERICA BANK 0.04% of their portfolio DALLAS, TX 193,195193.2k $9.5m $9.5m 0.04% Added +23.2k +23,203
72 Envestnet Portfolio Solutions, Inc. 0.04% of their portfolio BERWYN, PA 189,533189.5k $9.3m $9.3m 0.04% Added +4.3k +4,329
73 Darwin Wealth Management, LLC 3.08% of their portfolio TAMPA, FL 188,450188.4k $9.2m $9.2m 3.08% Unchanged
74 &PARTNERS 0.10% of their portfolio NASHVILLE, TN 187,638187.6k $9.4m $9.4m 0.10% Added +85.8k +85,796
75 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 181,873181.9k $8.9m $8.9m 0.02% Reduced -186.3k -186,350
76 RiverTree Advisors, LLC 5.89% of their portfolio WINTER PARK, FL 178,920178.9k $8.8m $8.8m 5.89% Reduced -47.5k -47,496
77 Vestmark Advisory Solutions, Inc. 0.23% of their portfolio Wakefield, MA 178,022178.0k $8.8m $8.8m 0.23% Added +9.3k +9,324
78 BELLEVUE ASSET MANAGEMENT, LLC 4.66% of their portfolio BELLEVUE, WA 173,647173.6k $8.5m $8.5m 4.66% Added +10.5k +10,474
79 Ameritas Investment Partners, Inc. 0.29% of their portfolio LINCOLN, NE 171,235171.2k $8.4m $8.4m 0.29% Added +12.7k +12,652
80 Summit Financial, LLC 0.24% of their portfolio PARSIPPANY, NJ 171,090171.1k $8.4m $8.4m 0.24% Added +143.8k +143,845
81 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 169,387169.4k $8.3m $8.3m 0.07% Added +53.5k +53,498
82 IFP Advisors, Inc 0.26% of their portfolio TAMPA, FL 169,346169.3k $8.3m $8.3m 0.26% Added +16.9k +16,875
83 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 168,921168.9k $8.3m $8.3m 0.00% Added +71.3k +71,321
84 Mutual Advisors, LLC 0.22% of their portfolio OMAHA, NE 156,767156.8k $7.7m $7.7m 0.22% Added +104.6k +104,563
85 LexAurum Advisors, LLC 1.47% of their portfolio OVERLAND PARK, KS 156,525156.5k $7.7m $7.7m 1.47% Added +6.0k +5,963
86 Friedenthal Financial 4.53% of their portfolio MARLTON, NJ 154,097154.1k $7.6m $7.6m 4.53% Added +96.7k +96,682
87 Grove Bank & Trust 1.01% of their portfolio Miami, FL 153,095153.1k $7.5m $7.5m 1.01% Added +10.7k +10,737
88 D.A. DAVIDSON & CO. 0.06% of their portfolio GREAT FALLS, MT 152,346152.3k $7.5m $7.5m 0.06% Added +24.1k +24,058
89 TCP Asset Management, LLC 1.58% of their portfolio Upper Arlington, OH 143,874143.9k $7.1m $7.1m 1.58% Added +2.9k +2,938
90 Commonwealth Financial Services, LLC 1.45% of their portfolio VIENNA, WV 143,657143.7k $7.1m $7.1m 1.45% Added +6.4k +6,357
91 Sigma Planning Corp 0.22% of their portfolio ANN ARBOR, MI 141,946141.9k $7.0m $7.0m 0.22% Reduced -2.2k -2,250
92 EdgeRock Capital LLC 4.91% of their portfolio DENVER, CO 140,221140.2k $6.9m $6.9m 4.91% Added +5.9k +5,943
93 OPPENHEIMER & CO INC 0.10% of their portfolio NEW YORK, NY 138,827138.8k $6.8m $6.8m 0.10% Added +80.9k +80,912
94 Stratos Wealth Partners, LTD. 0.10% of their portfolio BEACHWOOD, OH 136,205136.2k $6.7m $6.7m 0.10% Reduced -13.2k -13,206
95 IMA Advisory Services, Inc. 0.79% of their portfolio DENVER, CO 135,322135.3k $6.7m $6.7m 0.79% New
96 Lunt Capital Management, Inc. 2.39% of their portfolio HOLLADAY, UT 133,530133.5k $6.6m $6.6m 2.39% Added +3.6k +3,552
97 Fairway Financial, LLC 5.94% of their portfolio CASSELBERRY, FL 133,147133.1k $6.5m $6.5m 5.94% Added +2.3k +2,303
98 First Heartland Consultants, Inc. 0.67% of their portfolio LAKE ST. LOUIS, MO 131,664131.7k $6.5m $6.5m 0.67% Added +27.3k +27,273
99 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 128,946128.9k $6.3m $6.3m 0.00% Reduced -618 -618
100 Entruity Wealth, LLC 5.75% of their portfolio BAKERSFIELD, CA 124,118124.1k $6.1m $6.1m 5.75% Added +2.6k +2,619