FIRST TR EXCHANGE-TRADED FD DVOL
DORSY WR MOMNT · ETP · CUSIP 33741L108
39
institutional holders
-1 vs Q4 2025
1.6m
shares reported held*
$53.8mreported value*
6 new
8 added
17 reduced
5 sold out
net sold ≈ $8.0m (-230.4k 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 ≈ $34.61.
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 33 |
| Q4 2022 | 37 |
| Q1 2023 | 34 |
| Q2 2023 | 27 |
| Q3 2023 | 26 |
| Q4 2023 | 27 |
| Q1 2024 | 25 |
| Q2 2024 | 28 |
| Q3 2024 | 24 |
| Q4 2024 | 29 |
| Q1 2025 | 30 |
| Q2 2025 | 38 |
| Q3 2025 | 41 |
| Q4 2025 | 40 |
| Q1 2026 | 39 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 7 | 15 |
| Q3 2024 | 8 | 14 |
| Q4 2024 | 13 | 7 |
| Q1 2025 | 11 | 11 |
| Q2 2025 | 21 | 10 |
| Q3 2025 | 20 | 16 |
| Q4 2025 | 18 | 20 |
| Q1 2026 | 14 | 22 |
Biggest buyers
| Csenge Advisory Group | Added | +113.5k |
| GOLDMAN SACHS GROUP INC | New | +72.0k |
| JPMORGAN CHASE & CO | New | +22.0k |
| TWO SIGMA INVESTMENTS, LP | New | +12.6k |
| Balefire, LLC | Added | +10.8k |
| FIFTH THIRD BANCORP | New | +9.9k |
| Park Square Financial Group, LLC | New | +8.7k |
| Independent Advisor Alliance | New | +8.0k |
| Prospera Financial Services Inc | Added | +2.3k |
| Cetera Investment Advisers | Added | +2.1k |
Biggest sellers
| MORGAN STANLEY | Reduced | -153.1k |
| CWM, LLC | Reduced | -68.3k |
| ROYAL BANK OF CANADA | Reduced | -63.8k |
| Farther Finance Advisors, LLC | Reduced | -59.3k |
| COMMONWEALTH EQUITY SERVICES, LLC | Sold out | -38.1k |
| FLOW TRADERS U.S. LLC | Sold out | -25.5k |
| CITADEL ADVISORS LLC | Sold out | -23.0k |
| LPL Financial LLC | Reduced | -19.5k |
| Wealthcare Advisory Partners LLC | Sold out | -14.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -7.1k |
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| Csenge Advisory Group 1.08% of their portfolio | 680.6k $23.5m | Added +113.5k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 146.4k $5.1m | Reduced -5.3k |
| LPL Financial LLC 0.00% of their portfolio | 87.8k $3.0m | Reduced -19.5k |
| Baird Financial Group, Inc. 0.00% of their portfolio | 75.9k $2.6m | Added +1.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 72.0k $2.5m | New |
| CWM, LLC 0.00% of their portfolio | 49.2k $1.7m | Reduced -68.3k |
| MORGAN STANLEY 0.00% of their portfolio | 42.1k $1.5m | Reduced -153.1k |
| Private Advisory Group LLC 0.09% of their portfolio | 37.7k $1.3m | Reduced -2.6k |
| Nilsine Partners, LLC 0.11% of their portfolio | 37.5k $1.4m | Reduced -1.5k |
| Balefire, LLC 0.22% of their portfolio | 33.1k $1.1m | Added +10.8k |
| Prospera Financial Services Inc 0.02% of their portfolio | 28.8k $995.1k | Added +2.3k |
| Sanctuary Advisors, LLC 0.01% of their portfolio | 27.8k $961.9k | Reduced -1.8k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 25.7k $888.9k | Reduced -7.1k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 22.0k $740.9k | New |
| Cetera Investment Advisers 0.00% of their portfolio | 19.9k $686.3k | Added +2.1k |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 17.4k $600.0k | Reduced -100 |
| Sigma Planning Corp 0.01% of their portfolio | 15.1k $521.4k | Reduced -120 |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 14.2k $496.3k | Reduced -59.3k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 12.6k $435.9k | New |
| Warner Group LLC 0.28% of their portfolio | 12.5k $432.8k | Reduced -2.0k |
| Concurrent Investment Advisors, LLC 0.00% of their portfolio | 11.0k $379.8k | Unchanged |
| MTM Investment Management, LLC 0.12% of their portfolio | 10.5k $364.0k | Unchanged |
| FIFTH THIRD BANCORP 0.00% of their portfolio | 9.9k $342.1k | New |
| Allworth Financial LP 0.00% of their portfolio | 9.2k $318.7k | Unchanged |
| Park Square Financial Group, LLC 2.29% of their portfolio | 8.7k $301.6k | New |
| Independent Advisor Alliance 0.00% of their portfolio | 8.0k $277.0k | New |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 7.1k $246.6k | Added +879 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 6.8k $236.2k | Added +13 |
| PRIVATE TRUST CO NA 0.02% of their portfolio | 6.6k $227.4k | Unchanged |
| Mutual Advisors, LLC 0.00% of their portfolio | 6.6k $226.9k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 4.5k $154.0k | Reduced -63.8k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 3.6k $123.0k | Reduced -1.8k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 1.6k $55.8k | Reduced -1.5k |
| UBS Group AG 0.00% of their portfolio | 589 $20.4k | Added +551 |
| Measured Wealth Private Client Group, LLC 0.00% of their portfolio | 488 $16.9k | Unchanged |
| FMR LLC 0.00% of their portfolio | 442 $15.3k | Reduced -235 |
| Hilton Head Capital Partners, LLC 0.00% of their portfolio | 251 $8.7k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 150 $5.2k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 0 $12 | Reduced -1 |