Vault-13

FIRST TR EXCHNG TRADED FD VI FIXD

TCW OPPORTUNIS · ETP · CUSIP 33740F805

313 institutional holders +16 vs Q3 2025
61,051,05361.1m shares reported held*
$2.7bnreported value*
26 new 126 added 121 reduced 17 sold out net bought ≈ $111.5m (+2.1m 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 ($1.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $44.32.

Trends to Q4 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: 297Q4 25: 313313Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025313

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 207 bought or addedQ1 24: 146 cut or sold outQ2 24: 166 bought or addedQ2 24: 189 cut or sold outQ2 24Q3 24: 189 bought or addedQ3 24: 153 cut or sold outQ4 24: 157 bought or addedQ4 24: 173 cut or sold outQ4 24Q1 25: 110 bought or addedQ1 25: 235 cut or sold outQ2 25: 108 bought or addedQ2 25: 210 cut or sold outQ2 25Q3 25: 142 bought or addedQ3 25: 162 cut or sold outQ4 25: 152 bought or addedQ4 25: 138 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024207146
Q2 2024166189
Q3 2024189153
Q4 2024157173
Q1 2025110235
Q2 2025108210
Q3 2025142162
Q4 2025152138

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ1 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 —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$1.5m$925.0k0.61
Q2 2025$1.5m$00.00
Q3 2025$0$0—
Q4 2025$0$0—

Biggest buyers

UBS Group AG Added +806,153+806.2k
LPL Financial LLC Added +612,706+612.7k
HighTower Advisors, LLC Added +596,226+596.2k
AMERIPRISE FINANCIAL INC Added +518,165+518.2k
BANK OF AMERICA CORP /DE/ Added +291,483+291.5k
NewEdge Advisors, LLC Added +285,894+285.9k
WELLS FARGO & COMPANY/MN Added +241,881+241.9k
Rockefeller Capital Management L.P. Added +213,683+213.7k
MORGAN STANLEY Added +208,089+208.1k
Mariner, LLC Added +207,841+207.8k

Biggest sellers

Arax Advisory Partners Reduced -1,389,613-1.4m
OSAIC HOLDINGS, INC. Reduced -388,213-388.2k
CITADEL ADVISORS LLC Reduced -154,688-154.7k
JANE STREET GROUP, LLC Reduced -151,800-151.8k
Dynamic Advisor Solutions LLC Reduced -142,260-142.3k
Sanctuary Advisors, LLC Reduced -134,362-134.4k
LeClair Wealth Partners LLC Reduced -127,065-127.1k
TRUIST FINANCIAL CORP Reduced -115,700-115.7k
Cambridge Investment Research Advisors, Inc. Reduced -114,175-114.2k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -111,291-111.3k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 8,859,1498.9m $392.6m $392.6m 0.02% Added +208.1k +208,089
2 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 7,076,7807.1m $313.6m $313.6m 0.09% Added +612.7k +612,706
3 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 5,930,8605.9m $262.9m $262.9m 0.05% Added +241.9k +241,881
4 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 3,271,8913.3m $144.9m $144.9m 0.03% Added +518.2k +518,165
5 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 2,896,8342.9m $128.4m $128.4m 0.04% Added +174.2k +174,165
6 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 2,184,2642.2m $96.8m $96.8m 0.03% Reduced -85.9k -85,893
7 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,524,6291.5m $67.6m $67.6m 0.01% Added +806.2k +806,153
8 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 1,440,9121.4m $63.9m $63.9m 0.07% Added +596.2k +596,226
9 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,434,8111.4m $63.6m $63.6m 0.01% Added +84.1k +84,129
10 TRUIST FINANCIAL CORP 0.07% of their portfolio CHARLOTTE, NC 1,166,0471.2m $51.7m $51.7m 0.07% Reduced -115.7k -115,700
11 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,014,4381.0m $45.0m $45.0m 0.00% Added +291.5k +291,483
12 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 947,529947.5k $42.0m $42.0m 0.05% Added +4.8k +4,758
13 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 841,343841.3k $37.3m $37.3m 0.05% Reduced -388.2k -388,213
14 NewEdge Advisors, LLC 0.13% of their portfolio NEW ORLEANS, LA 777,949777.9k $34.5m $34.5m 0.13% Added +285.9k +285,894
15 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 751,719751.7k $33.3m $33.3m 0.09% Reduced -114.2k -114,175
16 Commonwealth Financial Services, LLC 5.30% of their portfolio VIENNA, WV 725,386725.4k $32.1m $32.1m 5.30% Added +9.6k +9,559
17 Thrivent Financial for Lutherans 0.06% of their portfolio Minneapolis, MN 715,285715.3k $31.8m $31.8m 0.06% Added +136.4k +136,363
18 &PARTNERS 0.16% of their portfolio NASHVILLE, TN 680,109680.1k $30.1m $30.1m 0.16% Reduced -12.4k -12,380
19 Mariner, LLC 0.03% of their portfolio Overland Park, KS 633,678633.7k $28.1m $28.1m 0.03% Added +207.8k +207,841
20 Great Lakes Retirement, Inc. 2.87% of their portfolio SANDUSKY, OH 622,880622.9k $27.6m $27.6m 2.87% Added +10.7k +10,737
21 GDS Wealth Management 1.69% of their portfolio FLOWER MOUND, TX 608,154608.2k $27.0m $27.0m 1.69% Added +87.5k +87,521
22 Arax Advisory Partners 0.77% of their portfolio NEW YORK, NY 596,758596.8k $26.4m $26.4m 0.77% Reduced -1.4m -1,389,613
23 Geneos Wealth Management Inc. 0.61% of their portfolio ENGLEWOOD, CO 565,029565.0k $25.0m $25.0m 0.61% Added +5.3k +5,280
24 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 547,397547.4k $24.3m $24.3m 0.03% Reduced -111.3k -111,291
25 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 539,212539.2k $23.9m $23.9m 0.02% Added +12.9k +12,862
26 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 534,862534.9k $23.7m $23.7m 0.04% Added +9.0k +9,014
27 Prospera Financial Services Inc 0.38% of their portfolio Dallas, TX 528,388528.4k $23.4m $23.4m 0.38% Reduced -5.2k -5,236
28 Atria Investments, Inc 0.26% of their portfolio Charlotte, NC 512,188512.2k $22.7m $22.7m 0.26% Added +16.9k +16,923
29 TCP Asset Management, LLC 3.05% of their portfolio Upper Arlington, OH 408,110408.1k $18.1m $18.1m 3.05% Added +37.2k +37,179
30 LeClair Wealth Partners LLC 10.24% of their portfolio DUBLIN, OH 398,454398.5k $17.7m $17.7m 10.24% Reduced -127.1k -127,065
31 Alpha Financial Advisors, LLC 5.21% of their portfolio CHARLOTTE, NC 384,721384.7k $17.1m $17.1m 5.21% Added +31.5k +31,524
32 Per Stirling Capital Management, LLC. 1.76% of their portfolio AUSTIN, TX 354,005354.0k $15.7m $15.7m 1.76% Added +10.9k +10,920
33 PARK NATIONAL CORP /OH/ 0.46% of their portfolio NEWARK, OH 331,976332.0k $14.7m $14.7m 0.46% Added +173.3k +173,336
34 Dominguez Wealth Management Solutions, Inc. 8.71% of their portfolio WILLIAMSBURG, VA 321,384321.4k $14.2m $14.2m 8.71% Added +1.2k +1,219
35 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 299,164299.2k $13.3m $13.3m 0.02% Added +213.7k +213,683
36 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 255,678255.7k $11.3m $11.3m 0.03% Added +15.4k +15,394
37 Triumph Capital Management 2.25% of their portfolio DENVER, CO 235,077235.1k $10.4m $10.4m 2.25% Added +6.0k +5,982
38 Larson Financial Group LLC 0.34% of their portfolio ST LOUIS, MO 226,523226.5k $10.0m $10.0m 0.34% Added +27.4k +27,387
39 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 213,208213.2k $9.4m $9.4m 0.02% Added +15.1k +15,116
40 Opes Wealth Management LLC 1.58% of their portfolio MENLO PARK, CA 210,085210.1k $9.3m $9.3m 1.58% Added +6.1k +6,141
41 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 203,182203.2k $9.0m $9.0m 0.01% Added +46.7k +46,718
42 IFP Advisors, Inc 0.20% of their portfolio TAMPA, FL 202,328202.3k $9.0m $9.0m 0.20% Reduced -6.2k -6,226
43 BENJAMIN EDWARDS INC 0.09% of their portfolio Clayton, MO 188,121188.1k $8.3m $8.3m 0.09% Added +41.8k +41,841
44 AXXCESS WEALTH MANAGEMENT, LLC 0.15% of their portfolio CARLSBAD, CA 185,609185.6k $8.2m $8.2m 0.15% Added +60.9k +60,907
45 MGO ONE SEVEN LLC 0.17% of their portfolio Beachwood, OH 182,821182.8k $8.1m $8.1m 0.17% Added +135.9k +135,887
46 TWIN PEAKS WEALTH ADVISORS, LLC 2.34% of their portfolio SAN FRANCISCO, CA 181,160181.2k $8.0m $8.0m 2.34% Reduced -14.0k -14,018
47 Sanctuary Advisors, LLC 0.04% of their portfolio INDIANAPOLIS, IN 175,118175.1k $7.8m $7.8m 0.04% Reduced -134.4k -134,362
48 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 172,832172.8k $7.7m $7.7m 0.00% Added +5.4k +5,436
49 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 165,867165.9k $7.4m $7.4m 0.03% Added +2.3k +2,269
50 Landmark Wealth Management, LLC 2.57% of their portfolio MELVILLE, NY 151,575151.6k $6.7m $6.7m 2.57% Added +8.6k +8,589
51 Randall & Associates Wealth Management 4.31% of their portfolio BUTLER, PA 140,363140.4k $6.2m $6.2m 4.31% Added +3.2k +3,166
52 ERn Financial, LLC 1.13% of their portfolio MIDDLETON, WI 136,125136.1k $6.0m $6.0m 1.13% Added +5.8k +5,841
53 CENTAURUS FINANCIAL, INC. 0.27% of their portfolio ANAHEIM, CA 132,798132.8k $5.9m $5.9m 0.27% Added +2.1k +2,093
54 Pine Valley Investments Ltd Liability Co 0.29% of their portfolio MARLTON, NJ 131,631131.6k $5.8m $5.8m 0.29% Reduced -8.5k -8,482
55 CoreCap Advisors, LLC 0.20% of their portfolio SOUTHFIELD, MI 130,544130.5k $5.8m $5.8m 0.20% Added +10.1k +10,052
56 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 122,070122.1k $5.4m $5.4m 0.00% Reduced -154.7k -154,688
57 Stratos Wealth Partners, LTD. 0.06% of their portfolio BEACHWOOD, OH 120,926120.9k $5.4m $5.4m 0.06% Added +4.5k +4,474
58 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 118,413118.4k $5.2m $5.2m 0.02% Reduced -337 -337
59 Coppell Advisory Solutions LLC 0.50% of their portfolio COPPELL, TX 114,874114.9k $5.1m $5.1m 0.50% Added +396 +396
60 SILVER OAK SECURITIES, INCORPORATED 0.34% of their portfolio JACKSON, TN 113,404113.4k $5.0m $5.0m 0.34% Reduced -11.3k -11,290
61 Kingsview Wealth Management, LLC 0.07% of their portfolio GRANTS PASS, OR 111,556111.6k $4.9m $4.9m 0.07% Added +1.7k +1,699
62 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 110,643110.6k $4.9m $4.9m 0.03% Added +8.4k +8,376
63 CAPITAL FINANCIAL GROUP INC\CO\ /ADV 2.71% of their portfolio LITTLETON, CO 109,584109.6k $4.9m $4.9m 2.71% First filing
64 Intrua Financial, LLC 0.53% of their portfolio Houston, TX 109,294109.3k $4.8m $4.8m 0.53% Added +64.2k +64,233
65 Farther Finance Advisors, LLC 0.05% of their portfolio SAN FRANCISCO, CA 106,490106.5k $4.7m $4.7m 0.05% Added +49.6k +49,623
66 Sequent Planning LLC 1.20% of their portfolio OMAHA, NE 106,260106.3k $4.7m $4.7m 1.20% Reduced -2.2k -2,211
67 Cornerstone Wealth Management, LLC 0.24% of their portfolio ST. PETERS, MO 105,823105.8k $4.7m $4.7m 0.24% Reduced -6.2k -6,150
68 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 102,817102.8k $4.6m $4.6m 0.01% Added +1.7k +1,656
69 Keystone Wealth Services, LLC 0.96% of their portfolio PALM DESERT, CA 102,666102.7k $4.6m $4.6m 0.96% Added +2.1k +2,101
70 Capital Planning LLC 1.26% of their portfolio BELLEVUE, WA 101,225101.2k $4.5m $4.5m 1.26% Added +1.0k +1,026
71 CreativeOne Wealth, LLC 0.10% of their portfolio OVERLAND PARK, KS 97,58597.6k $4.3m $4.3m 0.10% Reduced -2.0k -2,001
72 Family Capital Management, Inc. 1.90% of their portfolio GRAND RAPIDS, MI 96,42896.4k $4.3m $4.3m 1.90% Added +10.1k +10,091
73 Retirement Planning Group, LLC 0.14% of their portfolio LEAWOOD, KS 96,13596.1k $4.3m $4.3m 0.14% Added +11.3k +11,316
74 FSB PREMIER WEALTH MANAGEMENT, INC. 1.34% of their portfolio WATERLOO, IA 95,53495.5k $4.2m $4.2m 1.34% Reduced -1.1k -1,108
75 CWM, LLC 0.01% of their portfolio OMAHA, NE 92,70292.7k $4.1m $4.1m 0.01% Added +13.2k +13,212
76 Ashton Thomas Private Wealth, LLC 0.10% of their portfolio SCOTTSDALE, AZ 91,48891.5k $4.1m $4.1m 0.10% Added +5.8k +5,790
77 Mutual Advisors, LLC 0.09% of their portfolio OMAHA, NE 90,71490.7k $4.0m $4.0m 0.09% Reduced -2.5k -2,479
78 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 0.08% of their portfolio LOS ANGELES, CA 86,20886.2k $3.8m $3.8m 0.08% Reduced -5.5k -5,512
79 World Investment Advisors 0.06% of their portfolio LINCROFT, NJ 86,01386.0k $3.8m $3.8m 0.06% Added +10.5k +10,508
80 HBW ADVISORY SERVICES LLC 0.40% of their portfolio SIMI VALLEY, CA 83,62583.6k $3.7m $3.7m 0.40% Reduced -5.0k -4,972
81 BCGM Wealth Management, LLC 0.92% of their portfolio LAFAYETTE, IN 81,27781.3k $3.6m $3.6m 0.92% Added +1.6k +1,595
82 Darwin Wealth Management, LLC 1.06% of their portfolio TAMPA, FL 76,83976.8k $3.4m $3.4m 1.06% Added +665 +665
83 FAGAN ASSOCIATES, INC. 0.45% of their portfolio TROY, NY 76,41676.4k $3.4m $3.4m 0.45% Reduced -1.8k -1,815
84 CFO4Life Group, LLC 0.48% of their portfolio COPPELL, TX 75,54375.5k $3.3m $3.3m 0.48% Reduced -4.6k -4,554
85 Betterment LLC 0.01% of their portfolio NEW YORK, NY 71,63771.6k $3.2m $3.2m 0.01% Added +3.7k +3,749
86 Concurrent Investment Advisors, LLC 0.04% of their portfolio Tampa, FL 71,38671.4k $3.2m $3.2m 0.04% Reduced -14.0k -13,972
87 COMERICA BANK 0.01% of their portfolio DALLAS, TX 70,91370.9k $3.1m $3.1m 0.01% Added +15.9k +15,945
88 Snowden Capital Advisors LLC 0.08% of their portfolio New York, NY 70,24570.2k $3.1m $3.1m 0.08% Reduced -1.8k -1,769
89 Kovack Advisors, Inc. 0.15% of their portfolio FT. LAUDERDALE, FL 70,21870.2k $3.1m $3.1m 0.15% New
90 OPPENHEIMER & CO INC 0.04% of their portfolio NEW YORK, NY 69,20969.2k $3.1m $3.1m 0.04% Added +5.2k +5,160
91 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 68,59968.6k $3.0m $3.0m 0.00% Reduced -1.0k -1,036
92 HARBOUR INVESTMENTS, INC. 0.06% of their portfolio MADISON, WI 68,55668.6k $3.0m $3.0m 0.06% Reduced -14.7k -14,723
93 RFG Advisory, LLC 0.06% of their portfolio BIRMINGHAM, AL 67,97168.0k $3.0m $3.0m 0.06% Added +1.7k +1,682
94 StoneX Group Inc. 0.13% of their portfolio NEW YORK, NY 67,95068.0k $3.0m $3.0m 0.13% Added +52.6k +52,595
95 Westside Investment Management, Inc. 0.48% of their portfolio SANTA MONICA, CA 67,59567.6k $3.0m $3.0m 0.48% Added +5.1k +5,120
96 Cannon Financial Strategists, Inc. 0.41% of their portfolio ATHENS, GA 66,65566.7k $3.0m $3.0m 0.41% Added +2.3k +2,275
97 Core Wealth Partners LLC 1.29% of their portfolio SANTA ROSA, CA 64,38964.4k $2.9m $2.9m 1.29% Added +7.4k +7,392
98 WealthCare Investment Partners, LLC 0.81% of their portfolio PORTSMOUTH, RI 62,47662.5k $2.8m $2.8m 0.81% Added +6.3k +6,267
99 HOWARD FINANCIAL SERVICES, LTD. 0.32% of their portfolio DALLAS, TX 62,06562.1k $2.8m $2.8m 0.32% Reduced -42.6k -42,571
100 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.14% of their portfolio CEDAR RAPIDS, IA 61,32361.3k $2.7m $2.7m 0.14% Reduced -17.8k -17,805