Vault-13

FIRST TR EXCHNG TRADED FD VI FIXD

TCW OPPORTUNIS · ETP · CUSIP 33740F805

297 institutional holders -17 vs Q2 2025
59,048,74559.0m shares reported held*
$2.6bnreported value*
23 new 119 added 130 reduced 32 sold out net sold ≈ $15.0m (+125.3k 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 ($627.1k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.14.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 286Q4 22: 296Q1 23: 307Q2 23: 333Q3 23: 321Q4 23: 348Q1 24: 348Q2 24: 344Q3 24: 335Q4 24: 360Q1 25: 337Q2 25: 314Q3 25: 297297Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022286
Q4 2022296
Q1 2023307
Q2 2023333
Q3 2023321
Q4 2023348
Q1 2024348
Q2 2024344
Q3 2024335
Q4 2024360
Q1 2025337
Q2 2025314
Q3 2025297

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 167 bought or addedQ4 23: 165 cut or sold outQ1 24: 207 bought or addedQ1 24: 146 cut or sold outQ1 24Q2 24: 166 bought or addedQ2 24: 189 cut or sold outQ3 24: 189 bought or addedQ3 24: 153 cut or sold outQ3 24Q4 24: 157 bought or addedQ4 24: 173 cut or sold outQ1 25: 110 bought or addedQ1 25: 235 cut or sold outQ1 25Q2 25: 108 bought or addedQ2 25: 210 cut or sold outQ3 25: 142 bought or addedQ3 25: 162 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023167165
Q1 2024207146
Q2 2024166189
Q3 2024189153
Q4 2024157173
Q1 2025110235
Q2 2025108210
Q3 2025142162

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ4 24 calls: $410.2kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $1.5mQ1 25 puts: $925.0kQ1 25P/C 0.61Q2 25 calls: $1.5mQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$410.2k$00.00
Q1 2025$1.5m$925.0k0.61
Q2 2025$1.5m$00.00
Q3 2025$0$0—

Biggest buyers

Arax Advisory Partners Added +1,450,197+1.5m
Thrivent Financial for Lutherans Added +550,543+550.5k
WELLS FARGO & COMPANY/MN Added +469,309+469.3k
Cetera Investment Advisers Added +212,794+212.8k
Baird Financial Group, Inc. Added +174,670+174.7k
MORGAN STANLEY Added +163,032+163.0k
Sanctuary Advisors, LLC Added +135,470+135.5k
ENVESTNET ASSET MANAGEMENT INC Added +108,814+108.8k
CoreCap Advisors, LLC Added +106,553+106.6k
ELEVATION POINT WEALTH PARTNERS, LLC New +60,483+60.5k

Biggest sellers

ROYAL BANK OF CANADA Reduced -1,057,554-1.1m
Drake & Associates, LLC Reduced -533,049-533.0k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -201,467-201.5k
Rockefeller Capital Management L.P. Reduced -199,519-199.5k
HARBOUR INVESTMENTS, INC. Reduced -169,370-169.4k
&PARTNERS Reduced -147,850-147.8k
OLD MISSION CAPITAL LLC Sold out -136,310-136.3k
UBS Group AG Reduced -128,288-128.3k
Coppell Advisory Solutions LLC Reduced -125,806-125.8k
Larson Financial Group LLC Reduced -98,755-98.8k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 8,651,0608.7m $384.3m $384.3m 0.02% Added +163.0k +163,032
2 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 6,464,0746.5m $287.1m $287.1m 0.08% Added +53.8k +53,767
3 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 5,688,9795.7m $252.7m $252.7m 0.05% Added +469.3k +469,309
4 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 2,753,7262.8m $122.2m $122.2m 0.03% Reduced -74.5k -74,469
5 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 2,722,6692.7m $120.9m $120.9m 0.04% Reduced -735 -735
6 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 2,270,1572.3m $100.8m $100.8m 0.03% Added +108.8k +108,814
7 Arax Advisory Partners 0.97% of their portfolio NEW YORK, NY 1,986,3712.0m $67.7m $67.7m 0.97% Added +1.5m +1,450,197
8 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,350,6821.4m $60.0m $60.0m 0.01% Reduced -1.1m -1,057,554
9 TRUIST FINANCIAL CORP 0.08% of their portfolio CHARLOTTE, NC 1,281,7471.3m $56.9m $56.9m 0.08% Added +19.2k +19,175
10 OSAIC HOLDINGS, INC. 0.08% of their portfolio SCOTTSDALE, AZ 1,229,5561.2m $54.2m $54.2m 0.08% Added +54.2k +54,197
11 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 942,771942.8k $41.9m $41.9m 0.05% Added +212.8k +212,794
12 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 865,894865.9k $38.5m $38.5m 0.11% Added +41.6k +41,561
13 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 844,686844.7k $37.5m $37.5m 0.04% Added +2.8k +2,811
14 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 722,955723.0k $32.1m $32.1m 0.00% Reduced -15.1k -15,100
15 UBS Group AG 0.01% of their portfolio ZURICH, V8 718,476718.5k $31.9m $31.9m 0.01% Reduced -128.3k -128,288
16 Commonwealth Financial Services, LLC 5.44% of their portfolio VIENNA, WV 715,827715.8k $31.8m $31.8m 5.44% Added +8.4k +8,421
17 &PARTNERS 0.20% of their portfolio NASHVILLE, TN 692,489692.5k $30.8m $30.8m 0.20% Reduced -147.8k -147,850
18 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 658,688658.7k $29.3m $29.3m 0.04% Reduced -201.5k -201,467
19 Great Lakes Retirement, Inc. 2.97% of their portfolio SANDUSKY, OH 612,143612.1k $27.2m $27.2m 2.97% Added +17.7k +17,729
20 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 578,922578.9k $25.7m $25.7m 0.05% Added +550.5k +550,543
21 Geneos Wealth Management Inc. 0.63% of their portfolio ENGLEWOOD, CO 559,749559.7k $24.9m $24.9m 0.63% Added +19.1k +19,100
22 Prospera Financial Services Inc 0.40% of their portfolio Dallas, TX 533,624533.6k $23.7m $23.7m 0.40% Reduced -63 -63
23 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 526,350526.4k $23.4m $23.4m 0.02% Reduced -13.2k -13,224
24 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 525,848525.8k $23.4m $23.4m 0.04% Added +174.7k +174,670
25 LeClair Wealth Partners LLC 14.54% of their portfolio DUBLIN, OH 525,519525.5k $23.3m $23.3m 14.54% Added +11.7k +11,711
26 GDS Wealth Management 1.53% of their portfolio FLOWER MOUND, TX 520,633520.6k $23.1m $23.1m 1.53% Added +58.8k +58,775
27 Atria Investments, Inc 0.25% of their portfolio Charlotte, NC 495,265495.3k $22.0m $22.0m 0.25% Reduced -40.9k -40,910
28 NewEdge Advisors, LLC 0.10% of their portfolio NEW ORLEANS, LA 492,055492.1k $21.9m $21.9m 0.10% Added +12.8k +12,827
29 Mariner, LLC 0.02% of their portfolio Overland Park, KS 425,837425.8k $18.9m $18.9m 0.02% Added +26.7k +26,678
30 TCP Asset Management, LLC 2.94% of their portfolio Upper Arlington, OH 370,931370.9k $16.5m $16.5m 2.94% Added +16.8k +16,787
31 Alpha Financial Advisors, LLC 5.52% of their portfolio CHARLOTTE, NC 353,197353.2k $15.7m $15.7m 5.52% Added +13.0k +12,955
32 Per Stirling Capital Management, LLC. 1.82% of their portfolio AUSTIN, TX 343,085343.1k $15.2m $15.2m 1.82% Added +21.9k +21,905
33 Dominguez Wealth Management Solutions, Inc. 9.00% of their portfolio WILLIAMSBURG, VA 320,165320.2k $14.2m $14.2m 9.00% Added +3.6k +3,647
34 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 309,480309.5k $13.7m $13.7m 0.04% Added +135.5k +135,470
35 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 276,758276.8k $12.3m $12.3m 0.01% Reduced -30.3k -30,282
36 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 240,284240.3k $10.7m $10.7m 0.03% Added +13.4k +13,395
37 LexAurum Advisors, LLC 1.49% of their portfolio OVERLAND PARK, KS 236,201236.2k $10.5m $10.5m 1.49% Added +20.8k +20,766
38 Triumph Capital Management 2.75% of their portfolio DENVER, CO 229,095229.1k $10.2m $10.2m 2.75% Reduced -12.4k -12,428
39 IFP Advisors, Inc 0.24% of their portfolio TAMPA, FL 208,554208.6k $9.3m $9.3m 0.24% Reduced -5.8k -5,831
40 Opes Wealth Management LLC 1.59% of their portfolio MENLO PARK, CA 203,944203.9k $9.1m $9.1m 1.59% Reduced -5.9k -5,865
41 Larson Financial Group LLC 0.31% of their portfolio ST LOUIS, MO 199,136199.1k $8.8m $8.8m 0.31% Reduced -98.8k -98,755
42 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 198,092198.1k $8.8m $8.8m 0.02% Reduced -6.1k -6,082
43 TWIN PEAKS WEALTH ADVISORS, LLC 2.96% of their portfolio SAN FRANCISCO, CA 195,178195.2k $8.7m $8.7m 2.96% Added +46 +46
44 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 167,396167.4k $7.4m $7.4m 0.00% Added +2.6k +2,613
45 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 163,598163.6k $7.3m $7.3m 0.03% Reduced -55.8k -55,810
46 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 161,671161.7k $7.2m $7.2m 0.01% Reduced -1.0k -1,019
47 PARK NATIONAL CORP /OH/ 0.22% of their portfolio NEWARK, OH 158,640158.6k $7.0m $7.0m 0.22% Reduced -4.7k -4,676
48 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 156,464156.5k $7.0m $7.0m 0.01% Added +21.1k +21,085
49 Dynamic Advisor Solutions LLC 0.20% of their portfolio PHOENIX, AZ 152,290152.3k $6.8m $6.8m 0.20% Reduced -797 -797
50 BENJAMIN EDWARDS INC 0.07% of their portfolio Clayton, MO 146,280146.3k $6.5m $6.5m 0.07% Added +24.9k +24,879
51 Landmark Wealth Management, LLC 2.52% of their portfolio MELVILLE, NY 142,986143.0k $6.4m $6.4m 2.52% Added +6.1k +6,149
52 Pine Valley Investments Ltd Liability Co 0.32% of their portfolio MARLTON, NJ 140,113140.1k $6.2m $6.2m 0.32% Added +923 +923
53 Randall & Associates Wealth Management 4.42% of their portfolio BUTLER, PA 137,197137.2k $6.1m $6.1m 4.42% Added +18.2k +18,191
54 CENTAURUS FINANCIAL, INC. 0.27% of their portfolio ANAHEIM, CA 130,705130.7k $5.8m $5.8m 0.27% Reduced -1.5k -1,466
55 ERn Financial, LLC 1.14% of their portfolio MIDDLETON, WI 130,284130.3k $5.8m $5.8m 1.14% Added +9.4k +9,446
56 AXXCESS WEALTH MANAGEMENT, LLC 0.12% of their portfolio CARLSBAD, CA 124,702124.7k $5.5m $5.5m 0.12% Reduced -1.7k -1,699
57 SILVER OAK SECURITIES, INCORPORATED 0.41% of their portfolio JACKSON, TN 124,694124.7k $5.5m $5.5m 0.41% Added +1.8k +1,795
58 CoreCap Advisors, LLC 0.19% of their portfolio SOUTHFIELD, MI 120,492120.5k $5.4m $5.4m 0.19% Added +106.6k +106,553
59 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 118,750118.8k $5.3m $5.3m 0.03% Added +2.3k +2,256
60 Stratos Wealth Partners, LTD. 0.06% of their portfolio BEACHWOOD, OH 116,452116.5k $5.2m $5.2m 0.06% Reduced -8.6k -8,573
61 Coppell Advisory Solutions LLC 0.54% of their portfolio COPPELL, TX 114,478114.5k $5.1m $5.1m 0.54% Reduced -125.8k -125,806
62 Cornerstone Wealth Management, LLC 0.27% of their portfolio ST. PETERS, MO 111,973112.0k $5.0m $5.0m 0.27% Reduced -4.1k -4,083
63 Kingsview Wealth Management, LLC 0.07% of their portfolio GRANTS PASS, OR 109,857109.9k $4.9m $4.9m 0.07% Added +7.7k +7,688
64 Sequent Planning LLC 1.37% of their portfolio OMAHA, NE 108,471108.5k $4.8m $4.8m 1.37% Added +1.9k +1,948
65 HOWARD FINANCIAL SERVICES, LTD. 0.57% of their portfolio DALLAS, TX 104,636104.6k $4.6m $4.6m 0.57% Reduced -24.4k -24,407
66 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 102,267102.3k $4.5m $4.5m 0.03% Added +19.8k +19,820
67 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 101,161101.2k $4.5m $4.5m 0.01% Added +9.3k +9,347
68 Keystone Wealth Services, LLC 0.97% of their portfolio PALM DESERT, CA 100,565100.6k $4.5m $4.5m 0.97% Added +18.2k +18,226
69 Capital Planning LLC 1.30% of their portfolio BELLEVUE, WA 100,199100.2k $4.5m $4.5m 1.30% Added +7.3k +7,256
70 CreativeOne Wealth, LLC 0.11% of their portfolio OVERLAND PARK, KS 99,58699.6k $4.4m $4.4m 0.11% Added +32.2k +32,246
71 USAdvisors Wealth Management, LLC 1.48% of their portfolio EDEN PRAIRIE, MN 96,87796.9k $4.3m $4.3m 1.48% Reduced -5.7k -5,748
72 FSB PREMIER WEALTH MANAGEMENT, INC. 1.41% of their portfolio WATERLOO, IA 96,64296.6k $4.3m $4.3m 1.41% Reduced -18.8k -18,820
73 Mutual Advisors, LLC 0.09% of their portfolio OMAHA, NE 93,19393.2k $4.2m $4.2m 0.09% Added +10.2k +10,229
74 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.09% of their portfolio LOS ANGELES, CA 91,72091.7k $4.1m $4.1m 0.09% Reduced -5.5k -5,485
75 HBW ADVISORY SERVICES LLC 0.44% of their portfolio SIMI VALLEY, CA 88,59788.6k $3.9m $3.9m 0.44% Reduced -2.8k -2,801
76 Family Capital Management, Inc. 1.83% of their portfolio GRAND RAPIDS, MI 86,33786.3k $3.8m $3.8m 1.83% Reduced -1.4k -1,433
77 Ashton Thomas Private Wealth, LLC 0.10% of their portfolio SCOTTSDALE, AZ 85,69885.7k $3.8m $3.8m 0.10% Reduced -5.1k -5,125
78 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 85,48185.5k $3.8m $3.8m 0.01% Reduced -199.5k -199,519
79 Concurrent Investment Advisors, LLC 0.07% of their portfolio Tampa, FL 85,35885.4k $3.8m $3.8m 0.07% Added +21.6k +21,610
80 Retirement Planning Group, LLC 0.13% of their portfolio LEAWOOD, KS 84,81984.8k $3.8m $3.8m 0.13% Added +29.0k +29,020
81 HARBOUR INVESTMENTS, INC. 0.08% of their portfolio MADISON, WI 83,27983.3k $3.7m $3.7m 0.08% Reduced -169.4k -169,370
82 CFO4Life Group, LLC 0.52% of their portfolio COPPELL, TX 80,09780.1k $3.6m $3.6m 0.52% Reduced -2.1k -2,098
83 BCGM Wealth Management, LLC 0.92% of their portfolio LAFAYETTE, IN 79,68279.7k $3.5m $3.5m 0.92% Added +4.1k +4,112
84 CWM, LLC 0.01% of their portfolio OMAHA, NE 79,49079.5k $3.5m $3.5m 0.01% Added +1.6k +1,626
85 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.22% of their portfolio CEDAR RAPIDS, IA 79,12879.1k $3.5m $3.5m 0.22% Reduced -11.5k -11,487
86 FAGAN ASSOCIATES, INC. 0.48% of their portfolio TROY, NY 78,23178.2k $3.5m $3.5m 0.48% Reduced -2.1k -2,075
87 Blackhawk Capital Partners, LLC 1.32% of their portfolio THIENSVILLE, WI 76,61576.6k $3.4m $3.4m 1.32% Added +4.1k +4,105
88 Darwin Wealth Management, LLC 1.08% of their portfolio TAMPA, FL 76,17476.2k $3.4m $3.4m 1.08% Reduced -1.0k -1,005
89 World Investment Advisors 0.07% of their portfolio LINCROFT, NJ 75,50575.5k $3.4m $3.4m 0.07% Added +1.5k +1,548
90 Harvest Investment Services, LLC 0.66% of their portfolio Oakbrook Terrace, IL 74,14174.1k $3.3m $3.3m 0.66% Added +463 +463
91 Snowden Capital Advisors LLC 0.09% of their portfolio New York, NY 72,01472.0k $3.2m $3.2m 0.09% Reduced -4.7k -4,671
92 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 69,63569.6k $3.1m $3.1m 0.00% Added +5.6k +5,628
93 Betterment LLC 0.01% of their portfolio NEW YORK, NY 67,88867.9k $3.0m $3.0m 0.01% Reduced -6.5k -6,544
94 RFG Advisory, LLC 0.06% of their portfolio BIRMINGHAM, AL 66,28966.3k $2.9m $2.9m 0.06% Added +9.7k +9,655
95 Cannon Financial Strategists, Inc. 0.41% of their portfolio ATHENS, GA 64,38064.4k $2.9m $2.9m 0.41% Added +2.3k +2,251
96 OPPENHEIMER & CO INC 0.03% of their portfolio NEW YORK, NY 64,04964.0k $2.8m $2.8m 0.03% Reduced -1.3k -1,260
97 Westside Investment Management, Inc. 0.44% of their portfolio SANTA MONICA, CA 62,47562.5k $2.8m $2.8m 0.44% Reduced -4.0k -4,000
98 INDEPENDENT FINANCIAL GROUP, LLC 0.07% of their portfolio SAN DIEGO, CA 61,03361.0k $2.7m $2.7m 0.07% Reduced -7.0k -6,979
99 ELEVATION POINT WEALTH PARTNERS, LLC 0.19% of their portfolio DENVER, CO 60,48360.5k $2.7m $2.7m 0.19% New
100 Core Wealth Partners LLC 1.16% of their portfolio SANTA ROSA, CA 56,99757.0k $2.5m $2.5m 1.16% Added +5.1k +5,104