Vault-13

FIRST TR EXCHNG TRADED FD VI BUFD

FT VEST LADDERED · ETP · CUSIP 33740U703

195 institutional holders +24 vs Q3 2025
46,880,86846.9m shares reported held*
$1.3bnreported value*
31 new 79 added 46 reduced 8 sold out net bought ≈ $92.1m (+3.3m 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 ($639.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $28.24.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 85Q4 22: 84Q1 23: 86Q2 23: 88Q3 23: 98Q4 23: 116Q1 24: 125Q2 24: 137Q3 24: 151Q4 24: 166Q1 25: 165Q2 25: 168Q3 25: 171Q4 25: 195195Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202285
Q4 202284
Q1 202386
Q2 202388
Q3 202398
Q4 2023116
Q1 2024125
Q2 2024137
Q3 2024151
Q4 2024166
Q1 2025165
Q2 2025168
Q3 2025171
Q4 2025195

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 68 bought or addedQ1 24: 49 cut or sold outQ2 24: 69 bought or addedQ2 24: 55 cut or sold outQ2 24Q3 24: 87 bought or addedQ3 24: 52 cut or sold outQ4 24: 91 bought or addedQ4 24: 56 cut or sold outQ4 24Q1 25: 90 bought or addedQ1 25: 66 cut or sold outQ2 25: 74 bought or addedQ2 25: 72 cut or sold outQ2 25Q3 25: 94 bought or addedQ3 25: 61 cut or sold outQ4 25: 110 bought or addedQ4 25: 54 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20246849
Q2 20246955
Q3 20248752
Q4 20249156
Q1 20259066
Q2 20257472
Q3 20259461
Q4 202511054

Calls vs puts

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

CallsPuts
$0$10k$20k$30kQ1 25 calls: $23.7kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$23.7k$00.00
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$0$0—

Biggest buyers

LPL Financial LLC Added +869,362+869.4k
Waverly Advisors, LLC New +474,519+474.5k
WELLS FARGO & COMPANY/MN New +375,346+375.3k
OSAIC HOLDINGS, INC. Added +326,302+326.3k
RAYMOND JAMES FINANCIAL INC Added +280,141+280.1k
CWM, LLC Added +264,077+264.1k
Triad Wealth Partners, LLC Added +242,159+242.2k
Legacy Wealth Managment, LLC/ID Added +128,439+128.4k
Cetera Investment Advisers Added +126,671+126.7k
Coppell Advisory Solutions LLC Added +126,661+126.7k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -801,083-801.1k
TRUIST FINANCIAL CORP Reduced -212,139-212.1k
Cambridge Investment Research Advisors, Inc. Reduced -113,594-113.6k
GPS Wealth Strategies Group, LLC Reduced -50,842-50.8k
LifeWealth Investments, LLC Reduced -39,810-39.8k
BANK OF AMERICA CORP /DE/ Reduced -39,295-39.3k
KESTRA PRIVATE WEALTH SERVICES, LLC Reduced -20,518-20.5k
Ergawealth Advisors, Inc. Reduced -19,303-19.3k
Strategic Financial Concepts, LLC Sold out -18,666-18.7k
Santori & Peters, Inc. Reduced -16,096-16.1k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 10,197,39910.2m $288.0m $288.0m 0.08% Added +869.4k +869,362
2 GW HENSSLER & ASSOCIATES LTD 5.42% of their portfolio KENNESAW, GA 3,987,6154.0m $112.6m $112.6m 5.42% Added +16.4k +16,380
3 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 2,794,1062.8m $78.9m $78.9m 0.02% Reduced -801.1k -801,083
4 OSAIC HOLDINGS, INC. 0.09% of their portfolio SCOTTSDALE, AZ 2,237,0572.2m $63.2m $63.2m 0.09% Added +326.3k +326,302
5 Legacy Financial Group LLC 6.97% of their portfolio DES MOINES, IA 1,987,5672.0m $56.4m $56.4m 6.97% Added +22.2k +22,157
6 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 1,898,0051.9m $53.6m $53.6m 0.06% Added +126.7k +126,671
7 Centennial Wealth Advisory LLC 13.87% of their portfolio Traverse City, MI 1,856,3811.9m $52.4m $52.4m 13.87% Added +14.7k +14,680
8 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 1,227,8361.2m $34.7m $34.7m 0.01% Added +280.1k +280,141
9 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 858,571858.6k $24.2m $24.2m 0.03% Reduced -212.1k -212,139
10 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 851,219851.2k $24.0m $24.0m 0.06% Added +91.1k +91,136
11 Coppell Advisory Solutions LLC 2.37% of their portfolio COPPELL, TX 847,042847.0k $24.0m $24.0m 2.37% Added +126.7k +126,661
12 Brookstone Capital Management 0.26% of their portfolio WHEATON, IL 819,370819.4k $23.1m $23.1m 0.26% Added +20.3k +20,342
13 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 805,431805.4k $22.7m $22.7m 0.03% Added +40.4k +40,362
14 Capital Asset Advisory Services LLC 0.92% of their portfolio Williamston, MI 803,990804.0k $22.8m $22.8m 0.92% Added +52.2k +52,199
15 AXXCESS WEALTH MANAGEMENT, LLC 0.39% of their portfolio CARLSBAD, CA 768,934768.9k $21.7m $21.7m 0.39% Added +48.9k +48,943
16 Kestra Advisory Services, LLC 0.09% of their portfolio AUSTIN, TX 734,096734.1k $20.7m $20.7m 0.09% Added +34.6k +34,626
17 CWM, LLC 0.05% of their portfolio OMAHA, NE 699,507699.5k $19.8m $19.8m 0.05% Added +264.1k +264,077
18 HARBOUR INVESTMENTS, INC. 0.37% of their portfolio MADISON, WI 642,100642.1k $18.1m $18.1m 0.37% Added +37.4k +37,359
19 FISCHER INVESTMENT STRATEGIES, LLC 10.06% of their portfolio Westlake Village, CA 611,448611.4k $17.3m $17.3m 10.06% Reduced -11.1k -11,108
20 KESTRA PRIVATE WEALTH SERVICES, LLC 0.19% of their portfolio AUSTIN, TX 552,791552.8k $15.6m $15.6m 0.19% Reduced -20.5k -20,518
21 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 543,461543.5k $15.3m $15.3m 0.00% Added +35.5k +35,516
22 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 541,555541.6k $15.3m $15.3m 0.04% Reduced -113.6k -113,594
23 Waverly Advisors, LLC 0.11% of their portfolio BIRMINGHAM, AL 474,519474.5k $13.4m $13.4m 0.11% New
24 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 461,365461.4k $13.0m $13.0m 0.06% Added +23.5k +23,532
25 MILESTONE ASSET MANAGEMENT, LLC 2.38% of their portfolio PITTSBURGH, PA 445,880445.9k $12.6m $12.6m 2.38% Reduced -10.6k -10,643
26 Mariner, LLC 0.01% of their portfolio Overland Park, KS 430,882430.9k $12.2m $12.2m 0.01% Added +64.5k +64,490
27 Stratos Wealth Partners, LTD. 0.13% of their portfolio BEACHWOOD, OH 405,328405.3k $11.4m $11.4m 0.13% Reduced -5.2k -5,212
28 NewEdge Advisors, LLC 0.04% of their portfolio NEW ORLEANS, LA 380,143380.1k $10.7m $10.7m 0.04% Added +14.2k +14,216
29 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 375,346375.3k $10.6m $10.6m 0.00% New
30 Santori & Peters, Inc. 3.57% of their portfolio CANONSBURG, PA 370,567370.6k $10.5m $10.5m 3.57% Reduced -16.1k -16,096
31 CreativeOne Wealth, LLC 0.22% of their portfolio OVERLAND PARK, KS 322,935322.9k $9.1m $9.1m 0.22% Added +15.2k +15,153
32 Simplicity Wealth,LLC 0.50% of their portfolio SUMMIT, NJ 299,418299.4k $8.5m $8.5m 0.50% Added +12.4k +12,436
33 IMG Wealth Management, Inc. 5.30% of their portfolio JACKSONVILLE, FL 295,317295.3k $8.3m $8.3m 5.30% Reduced -13.8k -13,774
34 Pinnacle Financial Partners, Inc. 0.06% of their portfolio ATLANTA, GA 272,252272.3k $7.7m $7.7m 0.06% First filing
35 Triad Wealth Partners, LLC 0.70% of their portfolio LAWRENCE, KS 261,112261.1k $7.4m $7.4m 0.70% Added +242.2k +242,159
36 Legacy Wealth Managment, LLC/ID 3.25% of their portfolio BOISE, ID 240,409240.4k $6.8m $6.8m 3.25% Added +128.4k +128,439
37 WEDBUSH SECURITIES INC 0.18% of their portfolio PASADENA, CA 221,908221.9k $6.3m $6.3m 0.18% Added +5.7k +5,718
38 Jacobi Capital Management LLC 0.32% of their portfolio PITTSTON, PA 197,746197.7k $5.6m $5.6m 0.32% Reduced -3.7k -3,687
39 Advisory Services Network, LLC 0.07% of their portfolio ATLANTA, GA 181,903181.9k $5.1m $5.1m 0.07% Added +1.2k +1,224
40 Integrated Wealth Concepts LLC 0.06% of their portfolio WALTHAM, MA 177,106177.1k $5.0m $5.0m 0.06% Added +15.8k +15,840
41 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 152,888152.9k $4.3m $4.3m 0.05% Added +31.2k +31,197
42 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 135,976136.0k $3.8m $3.8m 0.03% Added +11.8k +11,770
43 Wealth Watch Advisors, INC 1.36% of their portfolio ENGLEWOOD, CO 129,688129.7k $3.7m $3.7m 1.36% Added +18.2k +18,246
44 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 128,349128.3k $3.6m $3.6m 0.00% Added +2.2k +2,244
45 Richmond Investment Services, LLC 0.60% of their portfolio Mequon, WI 123,324123.3k $3.5m $3.5m 0.60% Added +4.6k +4,608
46 Sigma Planning Corp 0.08% of their portfolio ANN ARBOR, MI 114,409114.4k $3.0m $3.0m 0.08% Reduced -2.2k -2,187
47 Perennial Investment Advisors, LLC 0.25% of their portfolio Los Angeles, CA 112,354112.4k $3.2m $3.2m 0.25% Reduced -2.0k -1,974
48 Apollon Financial, LLC 0.44% of their portfolio MOUNT PLEASANT, SC 106,502106.5k $3.0m $3.0m 0.44% Reduced -1.1k -1,086
49 IAMS WEALTH MANAGEMENT, LLC 1.08% of their portfolio OMAHA, NE 106,257106.3k $3.0m $3.0m 1.08% Added +28.4k +28,412
50 CENTAURUS FINANCIAL, INC. 0.13% of their portfolio ANAHEIM, CA 103,329103.3k $2.9m $2.9m 0.13% Added +1.7k +1,702
51 PRECEDENT WEALTH PARTNERS, LLC 0.58% of their portfolio HOUSTON, TX 97,18197.2k $2.7m $2.7m 0.58% Added +3.6k +3,563
52 Sun Financial Inc 1.41% of their portfolio MIDVALE, UT 89,78289.8k $2.5m $2.5m 1.41% First filing
53 Family Capital Management, Inc. 1.12% of their portfolio GRAND RAPIDS, MI 89,55289.6k $2.5m $2.5m 1.12% Added +33.0k +33,047
54 Integrity Financial Corp /WA 1.25% of their portfolio JACKSON, WY 87,65187.7k $2.5m $2.5m 1.25% Reduced -6.4k -6,364
55 Atlas Private Wealth Advisors 0.55% of their portfolio RED BANK, NJ 83,73583.7k $2.4m $2.4m 0.55% Reduced -7.4k -7,448
56 Kingsview Wealth Management, LLC 0.03% of their portfolio GRANTS PASS, OR 80,13880.1k $2.3m $2.3m 0.03% Reduced -4.6k -4,614
57 Maia Wealth LLC 0.38% of their portfolio DENVER, CO 78,35678.4k $2.2m $2.2m 0.38% Reduced -3.3k -3,310
58 HighPoint Advisor Group LLC 0.05% of their portfolio DOWNERS GROVE, IL 76,80976.8k $2.2m $2.2m 0.05% New
59 Richard W. Paul & Associates, LLC 0.70% of their portfolio NOVI, MI 75,14475.1k $2.1m $2.1m 0.70% New
60 Prospera Financial Services Inc 0.03% of their portfolio Dallas, TX 73,73673.7k $2.1m $2.1m 0.03% Added +56.0k +55,984
61 PRINCIPAL SECURITIES, INC. 0.03% of their portfolio DES MOINES, IA 71,07271.1k $2.0m $2.0m 0.03% Added +5.7k +5,663
62 Ascension Capital Advisors, Inc. 0.65% of their portfolio Houston, TX 66,67366.7k $1.9m $1.9m 0.65% New
63 AE Wealth Management LLC 0.01% of their portfolio TOPEKA, KS 63,16263.2k $1.8m $1.8m 0.01% Added +11.4k +11,379
64 Tradition Wealth Management, LLC 0.13% of their portfolio EDINA, MN 63,15263.2k $1.8m $1.8m 0.13% Reduced -3.8k -3,796
65 Maridea Wealth Management LLC 0.27% of their portfolio BROOKLYN, NY 62,73162.7k $1.8m $1.8m 0.27% Added +14.4k +14,422
66 StoneX Group Inc. 0.08% of their portfolio NEW YORK, NY 62,05862.1k $1.8m $1.8m 0.08% Added +7.7k +7,679
67 Walkner Condon Financial Advisors LLC 0.23% of their portfolio MADISON, WI 59,25259.3k $1.7m $1.7m 0.23% Added +8.6k +8,561
68 Gladstone Institutional Advisory LLC 0.06% of their portfolio Bedminster, NJ 59,16759.2k $1.7m $1.7m 0.06% Added +35.7k +35,660
69 Five Pine Wealth Management 1.01% of their portfolio COEUR D ALENE, ID 55,73555.7k $1.6m $1.6m 1.01% Added +14.2k +14,248
70 Claro Advisors Inc. 0.21% of their portfolio BOSTON, MA 54,40454.4k $1.5m $1.5m 0.21% Added +7.2k +7,188
71 IFG Advisory, LLC 0.07% of their portfolio ATLANTA, GA 54,05454.1k $1.5m $1.5m 0.07% Reduced -5.4k -5,441
72 Arkadios Wealth Advisors 0.03% of their portfolio ATLANTA, GA 50,37650.4k $1.4m $1.4m 0.03% Reduced -2.6k -2,570
73 Echo Wealth Management, LLC 0.82% of their portfolio PLYMOUTH, MN 49,53249.5k $1.4m $1.4m 0.82% Reduced -575 -575
74 Orion Porfolio Solutions, LLC 0.01% of their portfolio OMAHA, NE 49,49049.5k $1.4m $1.4m 0.01% Added +12 +12
75 Financial Strategies Group, Inc. 0.23% of their portfolio OKEMOS, MI 44,18944.2k $1.3m $1.3m 0.23% Added +2.0k +2,023
76 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.07% of their portfolio Westlake, OH 43,03143.0k $1.2m $1.2m 0.07% Added +4.3k +4,306
77 Arax Advisory Partners 0.03% of their portfolio NEW YORK, NY 42,44642.4k $1.2m $1.2m 0.03% New
78 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 40,79840.8k $1.2m $1.2m 0.01% Added +265 +265
79 LifeWealth Investments, LLC 0.35% of their portfolio WINTER GARDEN, FL 39,30039.3k $1.1m $1.1m 0.35% Reduced -39.8k -39,810
80 Merit Financial Group, LLC 0.01% of their portfolio ALPHARETTA, GA 38,87438.9k $1.1m $1.1m 0.01% Added +27.4k +27,410
81 MGO ONE SEVEN LLC 0.02% of their portfolio Beachwood, OH 38,75738.8k $1.1m $1.1m 0.02% Added +5.3k +5,339
82 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 36,88436.9k $1.0m $1.0m 0.01% Reduced -12.4k -12,360
83 Capasso Planning Partners LLC 0.57% of their portfolio CHARLESTON, SC 36,71036.7k $1.0m $1.0m 0.57% Added +17.9k +17,895
84 Ergawealth Advisors, Inc. 0.46% of their portfolio OAK BROOK, IL 35,14435.1k $992.5k $992.5k 0.46% Reduced -19.3k -19,303
85 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 34,03634.0k $961.2k $961.2k 0.00% Reduced -8.7k -8,741
86 Capital Analysts, LLC 0.03% of their portfolio FORT WASHINGTON, PA 33,98034.0k $960.0k $960.0k 0.03% Unchanged
87 INTEGRITY ALLIANCE, LLC. 0.03% of their portfolio Urbandale, IA 33,38933.4k $942.9k $942.9k 0.03% New
88 RFG Advisory, LLC 0.02% of their portfolio BIRMINGHAM, AL 33,16533.2k $936.6k $936.6k 0.02% Added +3.0k +3,035
89 American Institute for Advanced Investment Management, LLP 0.59% of their portfolio Scottsdale, AZ 32,74232.7k $924.6k $924.6k 0.59% Added +270 +270
90 SECURED RETIREMENT ADVISORS, LLC 0.49% of their portfolio ST LOUIS PARK, MN 31,30531.3k $884.1k $884.1k 0.49% Reduced -3.8k -3,787
91 TWIN PEAKS WEALTH ADVISORS, LLC 0.25% of their portfolio SAN FRANCISCO, CA 30,56830.6k $871.8k $871.8k 0.25% Added +16.9k +16,915
92 FSA Advisors, Inc. 0.38% of their portfolio TROY, MI 30,40030.4k $553.1k $553.1k 0.38% Added +4.4k +4,370
93 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 28,96629.0k $822.1k $822.1k 0.00% Added +10.6k +10,556
94 EdgeRock Capital LLC 0.21% of their portfolio DENVER, CO 27,52427.5k $777.3k $777.3k 0.21% Unchanged
95 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 27,10927.1k $765.6k $765.6k 0.02% Unchanged
96 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 26,29326.3k $742.5k $742.5k 0.00% New
97 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 25,86925.9k $731.0k $731.0k 0.00% Added +3.4k +3,374
98 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 25,60625.6k $723.1k $723.1k 0.00% Added +1.8k +1,785
99 Harvest Investment Services, LLC 0.14% of their portfolio Oakbrook Terrace, IL 25,52925.5k $720.9k $720.9k 0.14% Added +4.1k +4,124
100 Symphony Financial Services, Inc. 0.36% of their portfolio AKRON, OH 25,07525.1k $708.1k $708.1k 0.36% Added +5.3k +5,350