Vault-13

FIRST TR EXCH TRADED FD III NTRL

MERGER ARBITRA · ETP · CUSIP 33740J203

30 institutional holders -6 vs Q1 2026
653,861653.9k shares reported held*
$13.5mreported value*
4 new 6 added 9 reduced 9 sold out net sold ≈ $12.6m (-610.0k 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. Holder counts are more reliable. Implied quarter-end price ≈ $20.64.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 24Q4 22: 45Q1 23: 58Q2 23: 54Q3 23: 55Q4 23: 59Q1 24: 57Q2 24: 43Q3 24: 40Q4 24: 32Q1 25: 31Q2 25: 35Q3 25: 33Q4 25: 40Q1 26: 36Q2 26: 3030Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202224
Q4 202245
Q1 202358
Q2 202354
Q3 202355
Q4 202359
Q1 202457
Q2 202443
Q3 202440
Q4 202432
Q1 202531
Q2 202535
Q3 202533
Q4 202540
Q1 202636
Q2 202630

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 22 bought or addedQ3 24: 21 cut or sold outQ4 24: 15 bought or addedQ4 24: 23 cut or sold outQ4 24Q1 25: 22 bought or addedQ1 25: 15 cut or sold outQ2 25: 19 bought or addedQ2 25: 17 cut or sold outQ2 25Q3 25: 13 bought or addedQ3 25: 24 cut or sold outQ4 25: 23 bought or addedQ4 25: 15 cut or sold outQ4 25Q1 26: 18 bought or addedQ1 26: 19 cut or sold outQ2 26: 10 bought or addedQ2 26: 18 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242221
Q4 20241523
Q1 20252215
Q2 20251917
Q3 20251324
Q4 20252315
Q1 20261819
Q2 20261018

Biggest buyers

AE Wealth Management LLC Added +16,233+16.2k
ROYAL BANK OF CANADA Added +10,113+10.1k
FAS Wealth Partners, Inc. Added +8,031+8.0k
HIGHLINE WEALTH PARTNERS LLC New +2,129+2.1k
Integrated Wealth Concepts LLC New +881+881
UBS Group AG Added +711+711
WORLD EQUITY GROUP, INC. Added +602+602
CALDWELL SUTTER CAPITAL, INC. New +440+440
IFG Advisory, LLC New +177+177
PRIVATE TRUST CO NA Added +145+145

Biggest sellers

LPL Financial LLC Reduced -206,051-206.1k
CITADEL ADVISORS LLC Sold out -150,322-150.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -107,700-107.7k
BCGM Wealth Management, LLC Sold out -74,727-74.7k
RFG Advisory, LLC Sold out -52,285-52.3k
JANE STREET GROUP, LLC Sold out -18,760-18.8k
DEBUSSY CAPITAL MANAGEMENT LP Sold out -13,762-13.8k
MORGAN STANLEY Reduced -9,450-9.4k
Stratos Wealth Advisors, LLC Reduced -3,679-3.7k
Frederick Financial Consultants, LLC Reduced -3,169-3.2k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 139,046139.0k $2.9m $2.9m 0.00% Reduced -2.7k -2,704
2 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 127,310127.3k $2.6m $2.6m 0.00% Reduced -206.1k -206,051
3 FAS Wealth Partners, Inc. 0.08% of their portfolio LEAWOOD, KS 74,59874.6k $1.5m $1.5m 0.08% Added +8.0k +8,031
4 Frederick Financial Consultants, LLC 0.51% of their portfolio FREDERICK, MD 58,71958.7k $1.2m $1.2m 0.51% Reduced -3.2k -3,169
5 Clear Harbor Asset Management, LLC 0.05% of their portfolio Stamford, CT 41,26441.3k $851.7k $851.7k 0.05% Unchanged
6 AE Wealth Management LLC 0.00% of their portfolio TOPEKA, KS 40,32640.3k $832.3k $832.3k 0.00% Added +16.2k +16,233
7 Stratos Wealth Advisors, LLC 0.04% of their portfolio BEACHWOOD, OH 38,90938.9k $803.1k $803.1k 0.04% Reduced -3.7k -3,679
8 Owen LaRue, LLC 0.24% of their portfolio ELIZABETHTOWN, KY 33,07833.1k $682.7k $682.7k 0.24% Reduced -3.1k -3,129
9 WORLD EQUITY GROUP, INC. 0.08% of their portfolio SCHAUMBURG, IL 16,37516.4k $338.0k $338.0k 0.08% Added +602 +602
10 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 16,16716.2k $333.7k $333.7k 0.00% Reduced -883 -883
11 WEDBUSH SECURITIES INC 0.01% of their portfolio PASADENA, CA 14,64714.6k $302.0k $302.0k 0.01% Reduced -1.6k -1,550
12 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 10,29610.3k $212.5k $212.5k 0.00% Unchanged
13 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 10,21810.2k $211.0k $211.0k 0.00% Added +10.1k +10,113
14 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 10,20610.2k $210.6k $210.6k 0.00% Reduced -668 -668
15 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 6,5556.6k $135.3k $135.3k 0.00% Unchanged
16 Cassaday & Co Wealth Management LLC 0.00% of their portfolio MCLEAN, VA 3,7773.8k $78.0k $78.0k 0.00% Unchanged
17 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 2,9963.0k $61.8k $61.8k 0.00% Unchanged
18 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 2,4492.4k $50.5k $50.5k 0.00% Added +145 +145
19 HIGHLINE WEALTH PARTNERS LLC 0.01% of their portfolio SHERMAN OAKS, CA 2,1292.1k $43.9k $43.9k 0.01% New
20 Ascentis Independent Advisors 0.07% of their portfolio DALLAS, TX 1,2341.2k $25.5k $25.5k 0.07% Unchanged
21 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,1301.1k $23.3k $23.3k 0.00% Added +711 +711
22 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 881881 $18.2k $18.2k 0.00% New
23 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 470470 $9.7k $9.7k 0.00% Unchanged
24 CALDWELL SUTTER CAPITAL, INC. 0.00% of their portfolio SAUSALITO, CA 440440 $9.1k $9.1k 0.00% New
25 MCGUIRE CAPITAL ADVISORS INC 0.00% of their portfolio BETHANY, OK 192192 $4.0k $4.0k 0.00% Unchanged
26 IFG Advisory, LLC 0.00% of their portfolio ATLANTA, GA 177177 $3.7k $3.7k 0.00% New
27 GILPIN WEALTH MANAGEMENT, LLC 0.00% of their portfolio DENVER, CO 120120 $2.5k $2.5k 0.00% Unchanged
28 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 8080 $1.7k $1.7k 0.00% Reduced -9.4k -9,450
29 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 6767 $1.4k $1.4k 0.00% Unchanged
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 55 $103 $103 0.00% Unchanged