Vault-13

FIRST TR EXCHANGE-TRADED FD DVOL

DORSY WR MOMNT · ETP · CUSIP 33741L108

40 institutional holders +1 vs Q1 2026
1,544,4401.5m shares reported held*
$56.4mreported value*
4 new 12 added 12 reduced 3 sold out net bought ≈ $1.2m (+31.8k 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 ≈ $36.55.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 33Q4 22: 37Q1 23: 34Q2 23: 27Q3 23: 26Q4 23: 27Q1 24: 25Q2 24: 28Q3 24: 24Q4 24: 29Q1 25: 30Q2 25: 38Q3 25: 41Q4 25: 40Q1 26: 39Q2 26: 4040Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202233
Q4 202237
Q1 202334
Q2 202327
Q3 202326
Q4 202327
Q1 202425
Q2 202428
Q3 202424
Q4 202429
Q1 202530
Q2 202538
Q3 202541
Q4 202540
Q1 202639
Q2 202640

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q3 24: 8 bought or addedQ3 24: 14 cut or sold outQ4 24: 13 bought or addedQ4 24: 7 cut or sold outQ4 24Q1 25: 11 bought or addedQ1 25: 11 cut or sold outQ2 25: 21 bought or addedQ2 25: 10 cut or sold outQ2 25Q3 25: 20 bought or addedQ3 25: 16 cut or sold outQ4 25: 18 bought or addedQ4 25: 20 cut or sold outQ4 25Q1 26: 14 bought or addedQ1 26: 22 cut or sold outQ2 26: 16 bought or addedQ2 26: 15 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024814
Q4 2024137
Q1 20251111
Q2 20252110
Q3 20252016
Q4 20251820
Q1 20261422
Q2 20261615

Biggest buyers

Csenge Advisory Group Added +166,295+166.3k
Cambridge Investment Research Advisors, Inc. Added +17,338+17.3k
ROYAL BANK OF CANADA Added +13,487+13.5k
Warner Group LLC Added +8,492+8.5k
Koshinski Asset Management, Inc. New +7,200+7.2k
Weaver Consulting Group New +5,738+5.7k
Balefire, LLC Added +5,186+5.2k
RAYMOND JAMES FINANCIAL INC Added +1,410+1.4k
Nilsine Partners, LLC Added +1,082+1.1k
Sigma Planning Corp Added +907+907

Biggest sellers

Baird Financial Group, Inc. Sold out -75,875-75.9k
GOLDMAN SACHS GROUP INC Reduced -32,722-32.7k
Private Advisory Group LLC Reduced -31,892-31.9k
JPMORGAN CHASE & CO Reduced -21,805-21.8k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -11,649-11.6k
Independent Advisor Alliance Sold out -8,013-8.0k
TWO SIGMA INVESTMENTS, LP Reduced -5,221-5.2k
MORGAN STANLEY Reduced -4,494-4.5k
Cetera Investment Advisers Reduced -2,633-2.6k
LPL Financial LLC Reduced -1,187-1.2k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Csenge Advisory Group 1.26% of their portfolio CLEARWATER, FL 846,862846.9k $30.9m $30.9m 1.26% Added +166.3k +166,295
2 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 147,776147.8k $5.4m $5.4m 0.00% Added +1.4k +1,410
3 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 86,62686.6k $3.2m $3.2m 0.00% Reduced -1.2k -1,187
4 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 39,27939.3k $1.4m $1.4m 0.00% Reduced -32.7k -32,722
5 Nilsine Partners, LLC 0.10% of their portfolio GREENWOOD VILLAGE, CO 38,57638.6k $1.4m $1.4m 0.10% Added +1.1k +1,082
6 Balefire, LLC 0.23% of their portfolio DALLAS, TX 38,32838.3k $1.4m $1.4m 0.23% Added +5.2k +5,186
7 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 37,63137.6k $1.4m $1.4m 0.00% Reduced -4.5k -4,494
8 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 34,69034.7k $1.3m $1.3m 0.00% Added +17.3k +17,338
9 Prospera Financial Services Inc 0.02% of their portfolio Dallas, TX 28,66028.7k $1.0m $1.0m 0.02% Reduced -123 -123
10 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 27,82427.8k $1.0m $1.0m 0.00% Unchanged
11 Warner Group LLC 0.19% of their portfolio MADISON, CT 21,01021.0k $767.8k $767.8k 0.19% Added +8.5k +8,492
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 17,94217.9k $656.0k $656.0k 0.00% Added +13.5k +13,487
13 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 17,21817.2k $629.2k $629.2k 0.00% Reduced -2.6k -2,633
14 Sigma Planning Corp 0.01% of their portfolio ANN ARBOR, MI 15,98916.0k $584.3k $584.3k 0.01% Added +907 +907
15 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 14,06114.1k $513.9k $513.9k 0.00% Reduced -11.6k -11,649
16 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 13,82113.8k $505.1k $505.1k 0.00% Reduced -379 -379
17 Concurrent Investment Advisors, LLC 0.00% of their portfolio Tampa, FL 10,98511.0k $401.4k $401.4k 0.00% Unchanged
18 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 9,8959.9k $361.6k $361.6k 0.00% Unchanged
19 MTM Investment Management, LLC 0.10% of their portfolio SPARTANBURG, SC 9,8209.8k $358.9k $358.9k 0.10% Reduced -710 -710
20 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 9,2189.2k $336.9k $336.9k 0.00% Unchanged
21 Park Square Financial Group, LLC 3.03% of their portfolio ROSWELL, GA 9,1969.2k $336.1k $336.1k 3.03% Added +472 +472
22 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 7,6567.7k $279.8k $279.8k 0.00% First filing
23 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 7,5347.5k $275.3k $275.3k 0.00% Added +401 +401
24 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 7,3887.4k $270.0k $270.0k 0.00% Reduced -5.2k -5,221
25 Koshinski Asset Management, Inc. 0.01% of their portfolio DECATUR, IL 7,2007.2k $263.1k $263.1k 0.01% New
26 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7,0937.1k $259.2k $259.2k 0.00% Added +261 +261
27 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 6,5786.6k $240.4k $240.4k 0.02% Unchanged
28 Mutual Advisors, LLC 0.00% of their portfolio OMAHA, NE 6,5636.6k $239.8k $239.8k 0.00% Unchanged
29 Private Advisory Group LLC 0.01% of their portfolio REDMOND, WA 5,7965.8k $211.8k $211.8k 0.01% Reduced -31.9k -31,892
30 Weaver Consulting Group 0.04% of their portfolio HUNTINGTON BEACH, CA 5,7385.7k $209.7k $209.7k 0.04% New
31 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,5683.6k $130.4k $130.4k 0.00% Added +9 +9
32 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 1,6131.6k $58.9k $58.9k 0.00% Unchanged
33 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 698698 $25.5k $25.5k 0.00% New
34 Measured Wealth Private Client Group, LLC 0.00% of their portfolio PORTSMOUTH, NH 488488 $17.8k $17.8k 0.00% Unchanged
35 FMR LLC 0.00% of their portfolio BOSTON, MA 370370 $13.5k $13.5k 0.00% Reduced -72 -72
36 Hilton Head Capital Partners, LLC 0.00% of their portfolio HILTON HEAD ISLAND, SC 251251 $9.2k $9.2k 0.00% Unchanged
37 Lloyd Advisory Services, LLC. 0.00% of their portfolio SUWANEE, GA 176176 $6.4k $6.4k 0.00% New
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 173173 $6.3k $6.3k 0.00% Reduced -21.8k -21,805
39 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 150150 $5.5k $5.5k 0.00% Unchanged
40 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $17 $17 0.00% Unchanged