Vault-13

FIRST TR EXCHNG TRADED FD VI UCON

TCW UNCONSTRAI · ETP · CUSIP 33740F888

282 institutional holders +20 vs Q3 2025
104,515,773104.5m shares reported held*
$2.6bnreported value*
33 new 122 added 94 reduced 20 sold out net bought ≈ $160.6m (+6.4m 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 ($134.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $25.17.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 172Q4 22: 184Q1 23: 186Q2 23: 185Q3 23: 198Q4 23: 214Q1 24: 221Q2 24: 243Q3 24: 258Q4 24: 301Q1 25: 290Q2 25: 275Q3 25: 262Q4 25: 282282Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022172
Q4 2022184
Q1 2023186
Q2 2023185
Q3 2023198
Q4 2023214
Q1 2024221
Q2 2024243
Q3 2024258
Q4 2024301
Q1 2025290
Q2 2025275
Q3 2025262
Q4 2025282

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 144 bought or addedQ1 24: 77 cut or sold outQ2 24: 166 bought or addedQ2 24: 76 cut or sold outQ2 24Q3 24: 175 bought or addedQ3 24: 78 cut or sold outQ4 24: 173 bought or addedQ4 24: 102 cut or sold outQ4 24Q1 25: 172 bought or addedQ1 25: 130 cut or sold outQ2 25: 123 bought or addedQ2 25: 163 cut or sold outQ2 25Q3 25: 140 bought or addedQ3 25: 129 cut or sold outQ4 25: 155 bought or addedQ4 25: 114 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202414477
Q2 202416676
Q3 202417578
Q4 2024173102
Q1 2025172130
Q2 2025123163
Q3 2025140129
Q4 2025155114

Biggest buyers

LPL Financial LLC Added +1,509,510+1.5m
Trilogy Capital Inc. New +1,368,646+1.4m
Aptus Capital Advisors, LLC Added +991,683+991.7k
AMERIPRISE FINANCIAL INC Added +836,292+836.3k
Stratos Wealth Partners, LTD. Added +643,418+643.4k
HARBOUR INVESTMENTS, INC. Added +638,178+638.2k
MORGAN STANLEY Added +518,585+518.6k
Smartleaf Asset Management LLC New +479,763+479.8k
MML INVESTORS SERVICES, LLC Added +419,769+419.8k
RAYMOND JAMES FINANCIAL INC Added +403,118+403.1k

Biggest sellers

JPMORGAN CHASE & CO Reduced -2,168,258-2.2m
Integrated Wealth Concepts LLC Reduced -676,107-676.1k
Spectrum Wealth Advisory Group, LLC Reduced -513,786-513.8k
Holos Integrated Wealth LLC Reduced -394,164-394.2k
PARK NATIONAL CORP /OH/ Reduced -376,836-376.8k
RENAISSANCE TECHNOLOGIES LLC Reduced -366,800-366.8k
Sanctuary Advisors, LLC Reduced -290,609-290.6k
WCG Wealth Advisors LLC Reduced -213,823-213.8k
Dynamic Advisor Solutions LLC Reduced -203,596-203.6k
NorthCoast Asset Management LLC Sold out -146,623-146.6k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 12,160,04512.2m $306.1m $306.1m 0.08% Added +1.5m +1,509,510
2 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 8,336,5658.3m $209.8m $209.8m 0.01% Added +518.6k +518,585
3 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 6,230,5506.2m $156.8m $156.8m 0.03% Added +286.8k +286,822
4 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 4,832,5304.8m $121.6m $121.6m 0.03% Added +836.3k +836,292
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 3,955,6154.0m $99.6m $99.6m 0.01% Added +156.5k +156,465
6 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 3,800,0883.8m $95.6m $95.6m 0.02% Added +149.5k +149,464
7 HARBOUR INVESTMENTS, INC. 1.82% of their portfolio MADISON, WI 3,561,6283.6m $89.6m $89.6m 1.82% Added +638.2k +638,178
8 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 2,637,8792.6m $66.4m $66.4m 0.02% Added +403.1k +403,118
9 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 2,420,1562.4m $60.9m $60.9m 0.07% Added +54.1k +54,134
10 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 2,030,0442.0m $51.1m $51.1m 0.07% Added +78.6k +78,602
11 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 1,933,7581.9m $48.7m $48.7m 0.01% Added +57.5k +57,527
12 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 1,693,6911.7m $42.6m $42.6m 0.06% Added +106.8k +106,843
13 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 1,579,1011.6m $39.7m $39.7m 0.04% Added +60.2k +60,163
14 Csenge Advisory Group 1.66% of their portfolio CLEARWATER, FL 1,458,5081.5m $36.7m $36.7m 1.66% Added +172.9k +172,871
15 Trilogy Capital Inc. 1.54% of their portfolio IRVINE, CA 1,368,6461.4m $34.4m $34.4m 1.54% New
16 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 1,348,1081.3m $33.9m $33.9m 0.04% Added +3.7k +3,676
17 Aptus Capital Advisors, LLC 0.28% of their portfolio FAIRHOPE, AL 1,302,8701.3m $32.8m $32.8m 0.28% Added +991.7k +991,683
18 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 1,244,3791.2m $31.3m $31.3m 0.04% Added +284.5k +284,504
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,116,7941.1m $28.1m $28.1m 0.00% Reduced -2.2m -2,168,258
20 Wagner Wealth Management, LLC 5.96% of their portfolio GREENVILLE, SC 1,114,0041.1m $28.0m $28.0m 5.96% Added +45.5k +45,526
21 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 957,587957.6k $24.0m $24.0m 0.03% Added +64.9k +64,861
22 IFP Advisors, Inc 0.49% of their portfolio TAMPA, FL 860,304860.3k $21.7m $21.7m 0.49% Reduced -34.1k -34,080
23 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 836,203836.2k $21.0m $21.0m 0.05% Added +419.8k +419,769
24 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 822,563822.6k $20.7m $20.7m 0.05% Added +46.2k +46,238
25 TruWealth Advisors, LLC 0.98% of their portfolio Metairie, LA 795,990796.0k $20.0m $20.0m 0.98% Added +63.9k +63,903
26 Cyndeo Wealth Partners, LLC 1.05% of their portfolio ST. PETERSBURG, FL 773,673773.7k $19.5m $19.5m 1.05% Added +32.0k +32,015
27 Dynamic Advisor Solutions LLC 0.61% of their portfolio PHOENIX, AZ 758,653758.7k $19.1m $19.1m 0.61% Reduced -203.6k -203,596
28 Capital Investment Advisory Services, LLC 1.34% of their portfolio RALEIGH, NC 755,223755.2k $19.0m $19.0m 1.34% Added +31.6k +31,578
29 Bensler, LLC 1.80% of their portfolio Bellevue, WA 716,112716.1k $18.0m $18.0m 1.80% Added +56.2k +56,249
30 KESTRA PRIVATE WEALTH SERVICES, LLC 0.22% of their portfolio AUSTIN, TX 715,210715.2k $18.0m $18.0m 0.22% Added +34.1k +34,083
31 Commonwealth Financial Services, LLC 2.95% of their portfolio VIENNA, WV 709,775709.8k $17.9m $17.9m 2.95% Added +9.8k +9,765
32 Stratos Wealth Partners, LTD. 0.20% of their portfolio BEACHWOOD, OH 688,132688.1k $17.3m $17.3m 0.20% Added +643.4k +643,418
33 EdgeRock Capital LLC 4.57% of their portfolio DENVER, CO 681,875681.9k $17.2m $17.2m 4.57% Added +10.0k +9,957
34 Visionary Wealth Advisors 0.77% of their portfolio O'FALLON, IL 675,628675.6k $17.0m $17.0m 0.77% Added +43.1k +43,138
35 Walkner Condon Financial Advisors LLC 2.34% of their portfolio MADISON, WI 668,341668.3k $16.8m $16.8m 2.34% Added +131.6k +131,569
36 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 657,713657.7k $16.6m $16.6m 0.04% Added +107.3k +107,297
37 First Heartland Consultants, Inc. 1.25% of their portfolio LAKE ST. LOUIS, MO 652,735652.7k $16.4m $16.4m 1.25% Reduced -36.7k -36,686
38 Navalign, LLC 3.58% of their portfolio ENCINO, CA 580,039580.0k $14.6m $14.6m 3.58% Added +31.3k +31,297
39 EARNED WEALTH ADVISORS, LLC 1.02% of their portfolio WALNUT CREEK, CA 572,701572.7k $14.4m $14.4m 1.02% Added +152.7k +152,737
40 Etesian Wealth Advisors, Inc. 4.45% of their portfolio West Linn, OR 563,499563.5k $14.2m $14.2m 4.45% Added +14.7k +14,709
41 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 562,490562.5k $14.2m $14.2m 0.06% Added +26.7k +26,675
42 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 522,056522.1k $13.1m $13.1m 0.06% Added +71.6k +71,592
43 Larson Financial Group LLC 0.43% of their portfolio ST LOUIS, MO 513,565513.6k $12.9m $12.9m 0.43% Reduced -27.2k -27,186
44 Equitable Holdings, Inc. 0.08% of their portfolio NEW YORK, NY 490,698490.7k $12.4m $12.4m 0.08% Added +44.9k +44,901
45 Chicago Partners Investment Group LLC 0.30% of their portfolio CHICAGO, IL 489,917489.9k $12.3m $12.3m 0.30% Reduced -3.1k -3,069
46 Smartleaf Asset Management LLC 0.46% of their portfolio BOSTON, MA 479,763479.8k $12.1m $12.1m 0.46% New
47 Holistic Financial Partners 4.31% of their portfolio INDIANAPOLIS, IN 472,655472.7k $11.9m $11.9m 4.31% Added +107.8k +107,787
48 Mariner, LLC 0.01% of their portfolio Overland Park, KS 470,713470.7k $11.8m $11.8m 0.01% Added +8.9k +8,939
49 Geneos Wealth Management Inc. 0.27% of their portfolio ENGLEWOOD, CO 440,475440.5k $11.1m $11.1m 0.27% Reduced -6.1k -6,063
50 Western Wealth Management, LLC 0.50% of their portfolio GOLDEN, CO 434,584434.6k $10.9m $10.9m 0.50% Added +20.1k +20,101
51 Rehmann Capital Advisory Group 0.55% of their portfolio LANSING, MI 416,420416.4k $10.5m $10.5m 0.55% Reduced -12.2k -12,180
52 Bleakley Financial Group, LLC 0.18% of their portfolio PARSIPPANY, NJ 414,678414.7k $10.4m $10.4m 0.18% Added +62.7k +62,682
53 HBW ADVISORY SERVICES LLC 1.08% of their portfolio SIMI VALLEY, CA 396,584396.6k $10.0m $10.0m 1.08% Added +123.0k +122,995
54 &PARTNERS 0.05% of their portfolio NASHVILLE, TN 389,364389.4k $9.8m $9.8m 0.05% Reduced -1.9k -1,948
55 Prasad Wealth Partners, LLC 2.56% of their portfolio INDEPENDENCE, OH 380,530380.5k $9.6m $9.6m 2.56% Added +8.6k +8,566
56 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 375,796375.8k $9.5m $9.5m 0.01% Reduced -13.3k -13,304
57 CAPTRUST FINANCIAL ADVISORS 0.02% of their portfolio RALEIGH, NC 373,976374.0k $9.4m $9.4m 0.02% Reduced -48.7k -48,704
58 Mach-1 Financial Group, LLC 1.93% of their portfolio Rogers, AR 372,637372.6k $9.4m $9.4m 1.93% New
59 CWM, LLC 0.02% of their portfolio OMAHA, NE 365,352365.4k $9.2m $9.2m 0.02% Added +187.7k +187,748
60 Boyce & Associates Wealth Consulting, Inc. 7.62% of their portfolio CEDAR PARK, TX 361,116361.1k $9.1m $9.1m 7.62% Reduced -3.9k -3,937
61 Darwin Wealth Management, LLC 2.81% of their portfolio TAMPA, FL 359,545359.5k $9.0m $9.0m 2.81% Added +2.8k +2,766
62 Appalachian Capital Management Ltd 7.12% of their portfolio ST CLAIRSVILLE, OH 353,364353.4k $8.9m $8.9m 7.12% First filing
63 AXXCESS WEALTH MANAGEMENT, LLC 0.16% of their portfolio CARLSBAD, CA 352,225352.2k $8.9m $8.9m 0.16% New
64 CoreCap Advisors, LLC 0.30% of their portfolio SOUTHFIELD, MI 338,279338.3k $8.5m $8.5m 0.30% Added +24.7k +24,684
65 PARK NATIONAL CORP /OH/ 0.26% of their portfolio NEWARK, OH 335,347335.3k $8.4m $8.4m 0.26% Reduced -376.8k -376,836
66 PFG Advisors 0.41% of their portfolio Phoenix, AZ 333,109333.1k $8.4m $8.4m 0.41% Added +2.5k +2,506
67 Live Oak Investment Partners 5.13% of their portfolio AUSTIN, TX 331,840331.8k $8.4m $8.4m 5.13% Reduced -26.1k -26,139
68 Apollon Wealth Management, LLC 0.14% of their portfolio MOUNT PLEASANT, SC 331,050331.1k $8.3m $8.3m 0.14% Reduced -24.7k -24,730
69 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 325,503325.5k $8.2m $8.2m 0.01% Added +70.7k +70,686
70 Certified Advisory Corp 0.72% of their portfolio ALTAMONTE SPRINGS, FL 315,111315.1k $7.9m $7.9m 0.72% Reduced -4.9k -4,912
71 Wealth Advisory Team LLC 6.99% of their portfolio BELLEVUE, KY 314,054314.1k $7.9m $7.9m 6.99% First filing
72 Goldstone Financial Group, LLC 0.88% of their portfolio OAKBROOK TERRACE, IL 313,723313.7k $7.9m $7.9m 0.88% Added +11.8k +11,794
73 XML Financial, LLC 0.64% of their portfolio BETHESDA, MD 313,233313.2k $7.9m $7.9m 0.64% Reduced -16.9k -16,883
74 Gateway Wealth Partners, LLC 0.87% of their portfolio APPLETON, WI 311,137311.1k $7.8m $7.8m 0.87% Added +78.4k +78,444
75 MATHER GROUP, LLC. 0.08% of their portfolio CHICAGO, IL 303,023303.0k $7.6m $7.6m 0.08% Added +4.1k +4,084
76 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 286,283286.3k $7.2m $7.2m 0.04% Added +5.5k +5,484
77 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 282,419282.4k $7.1m $7.1m 0.01% Added +4.3k +4,266
78 Synergy Investment Management, LLC 2.51% of their portfolio ALTAMONTE SPRINGS, FL 281,751281.8k $7.1m $7.1m 2.51% Added +29.9k +29,914
79 Tolleson Wealth Management, Inc. 1.01% of their portfolio DALLAS, TX 278,461278.5k $7.0m $7.0m 1.01% Reduced -36.8k -36,838
80 Beaumont Financial Advisors, LLC 0.46% of their portfolio NEEDHAM, MA 275,793275.8k $6.9m $6.9m 0.46% Reduced -4.9k -4,916
81 Integrated Wealth Concepts LLC 0.08% of their portfolio WALTHAM, MA 273,051273.1k $6.9m $6.9m 0.08% Reduced -676.1k -676,107
82 GSG Advisors LLC 1.63% of their portfolio MOUNT LAUREL, NJ 250,574250.6k $6.3m $6.3m 1.63% Added +14.6k +14,607
83 TWIN PEAKS WEALTH ADVISORS, LLC 1.77% of their portfolio SAN FRANCISCO, CA 240,729240.7k $6.1m $6.1m 1.77% Added +12.6k +12,631
84 TrueWealth Advisors, LLC 1.57% of their portfolio BIRMINGHAM, AL 240,704240.7k $6.1m $6.1m 1.57% Reduced -1.5k -1,539
85 STONEHAVEN WEALTH & TAX SOLUTIONS, LLC 5.40% of their portfolio APPLETON, WI 238,888238.9k $6.0m $6.0m 5.40% Reduced -2.6k -2,581
86 Philip James Wealth Mangement, LLC 0.70% of their portfolio MILTON, GA 238,576238.6k $6.0m $6.0m 0.70% Added +3.1k +3,096
87 OPPENHEIMER & CO INC 0.08% of their portfolio NEW YORK, NY 235,665235.7k $5.9m $5.9m 0.08% Added +33.1k +33,129
88 Gaddis Premier Wealth Advisors LLC 4.48% of their portfolio DURANT, OK 234,712234.7k $5.9m $5.9m 4.48% First filing
89 Keel Point, LLC 0.36% of their portfolio HUNTSVILLE, AL 234,626234.6k $5.9m $5.9m 0.36% Added +15.0k +15,025
90 Kingsview Wealth Management, LLC 0.08% of their portfolio GRANTS PASS, OR 228,874228.9k $5.8m $5.8m 0.08% Reduced -12.7k -12,721
91 Collaborative Wealth Managment Inc. 2.01% of their portfolio LAKE MARY, FL 226,874226.9k $5.7m $5.7m 2.01% Added +91.7k +91,732
92 Entruity Wealth, LLC 3.99% of their portfolio BAKERSFIELD, CA 222,356222.4k $5.6m $5.6m 3.99% Reduced -19.6k -19,574
93 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 216,764216.8k $5.5m $5.5m 0.02% Added +34.1k +34,065
94 SlateStone Wealth, LLC 0.44% of their portfolio JUPITER, FL 206,599206.6k $5.2m $5.2m 0.44% Reduced -15.8k -15,788
95 Golden State Wealth Management, LLC 0.52% of their portfolio SANTA ANA, CA 195,273195.3k $4.9m $4.9m 0.52% Added +31.5k +31,530
96 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 191,618191.6k $4.8m $4.8m 0.02% Reduced -25.4k -25,446
97 Redhawk Wealth Advisors, Inc. 0.54% of their portfolio MINNEAPOLIS, MN 191,444191.4k $4.8m $4.8m 0.54% Reduced -5.5k -5,521
98 Total Clarity Wealth Management, Inc. 1.11% of their portfolio ST. CHARLES, IL 182,220182.2k $4.6m $4.6m 1.11% Reduced -4.2k -4,178
99 Econ Financial Services Corp 2.21% of their portfolio HARRISBURG, PA 174,973175.0k $4.4m $4.4m 2.21% Added +63.3k +63,269
100 BEACON FINANCIAL GROUP 0.44% of their portfolio DALLAS, TX 174,153174.2k $4.4m $4.4m 0.44% Reduced -15.1k -15,139