Vault-13

FIRST TR EXCHANGE-TRADED FD SDVY

SMID RISNG ETF · ETP · CUSIP 33741X102

484 institutional holders +8 vs Q2 2025
180,642,061180.6m shares reported held*
$6.9bnreported value*
40 new 262 added 133 reduced 28 sold out net bought ≈ $14.5m (+381.8k 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 ($242.6k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.00.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 146Q4 22: 154Q1 23: 164Q2 23: 168Q3 23: 179Q4 23: 237Q1 24: 306Q2 24: 340Q3 24: 404Q4 24: 505Q1 25: 487Q2 25: 476Q3 25: 484484Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 2022146
Q4 2022154
Q1 2023164
Q2 2023168
Q3 2023179
Q4 2023237
Q1 2024306
Q2 2024340
Q3 2024404
Q4 2024505
Q1 2025487
Q2 2025476
Q3 2025484

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 23: 161 bought or addedQ4 23: 57 cut or sold outQ1 24: 246 bought or addedQ1 24: 58 cut or sold outQ1 24Q2 24: 242 bought or addedQ2 24: 91 cut or sold outQ3 24: 301 bought or addedQ3 24: 89 cut or sold outQ3 24Q4 24: 348 bought or addedQ4 24: 101 cut or sold outQ1 25: 320 bought or addedQ1 25: 173 cut or sold outQ1 25Q2 25: 273 bought or addedQ2 25: 203 cut or sold outQ3 25: 302 bought or addedQ3 25: 161 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 202316157
Q1 202424658
Q2 202424291
Q3 202430189
Q4 2024348101
Q1 2025320173
Q2 2025273203
Q3 2025302161

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ4 24 calls: $143.4kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $358.4kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —
Numbers
QuarterCallsPutsP/C
Q4 2024$143.4k$00.00
Q1 2025$358.4k$00.00
Q2 2025$0$0—
Q3 2025$0$0—

Biggest buyers

Cetera Investment Advisers Added +1,988,046+2.0m
RAYMOND JAMES FINANCIAL INC Added +825,345+825.3k
BANK OF AMERICA CORP /DE/ Added +614,123+614.1k
Sanctuary Advisors, LLC Added +595,663+595.7k
WELLS FARGO & COMPANY/MN Added +553,476+553.5k
HighTower Advisors, LLC Added +528,572+528.6k
Summit Financial, LLC New +526,182+526.2k
STIFEL FINANCIAL CORP Added +514,457+514.5k
COMMONWEALTH EQUITY SERVICES, LLC Added +494,306+494.3k
UBS Group AG Added +344,834+344.8k

Biggest sellers

ROYAL BANK OF CANADA Reduced -5,582,813-5.6m
MORGAN STANLEY Reduced -1,897,427-1.9m
Rockefeller Capital Management L.P. Reduced -532,701-532.7k
SMITH CHAS P & ASSOCIATES PA CPAS Reduced -445,243-445.2k
Qube Research & Technologies Ltd Reduced -293,466-293.5k
Mach-1 Financial Group, LLC Sold out -276,140-276.1k
Arax Advisory Partners Sold out -218,141-218.1k
BREAKTHRU ADVISORY SERVICES, LLC Reduced -210,725-210.7k
Richmond Investment Services, LLC Reduced -206,264-206.3k
StoneX Group Inc. Reduced -148,013-148.0k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.26% of their portfolio FORT MILL, SC 23,756,36923.8m $903.2m $903.2m 0.26% Added +219.9k +219,937
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 17,815,97117.8m $677.4m $677.4m 0.04% Reduced -1.9m -1,897,427
3 RAYMOND JAMES FINANCIAL INC 0.16% of their portfolio ST. PETERSBURG, FL 12,844,01412.8m $488.3m $488.3m 0.16% Added +825.3k +825,345
4 WELLS FARGO & COMPANY/MN 0.10% of their portfolio SAN FRANCISCO, CA 12,525,54012.5m $476.2m $476.2m 0.10% Added +553.5k +553,476
5 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 7,982,3898.0m $303.5m $303.5m 0.02% Added +614.1k +614,123
6 Cetera Investment Advisers 0.32% of their portfolio SCHAUMBURG, IL 7,264,2777.3m $276.2m $276.2m 0.32% Added +2.0m +1,988,046
7 UBS Group AG 0.05% of their portfolio ZURICH, V8 6,746,7926.7m $256.5m $256.5m 0.05% Added +344.8k +344,834
8 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 5,989,4696.0m $227.7m $227.7m 0.04% Reduced -5.6m -5,582,813
9 Capital Investment Advisors, LLC 2.61% of their portfolio ATLANTA, GA 4,170,8264.2m $158.6m $158.6m 2.61% Added +198.7k +198,680
10 STIFEL FINANCIAL CORP 0.14% of their portfolio ST. LOUIS, MO 3,978,0024.0m $151.2m $151.2m 0.14% Added +514.5k +514,457
11 PARK NATIONAL CORP /OH/ 4.06% of their portfolio NEWARK, OH 3,412,1753.4m $129.7m $129.7m 4.06% Added +35.6k +35,601
12 COMMONWEALTH EQUITY SERVICES, LLC 0.17% of their portfolio WALTHAM, MA 3,384,4313.4m $128.7m $128.7m 0.17% Added +494.3k +494,306
13 HighTower Advisors, LLC 0.14% of their portfolio CHICAGO, IL 3,127,0523.1m $118.9m $118.9m 0.14% Added +528.6k +528,572
14 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 3,067,6403.1m $116.6m $116.6m 0.03% Added +93.4k +93,376
15 OSAIC HOLDINGS, INC. 0.16% of their portfolio SCOTTSDALE, AZ 2,966,1753.0m $112.6m $112.6m 0.16% Added +221.3k +221,332
16 HARBOUR INVESTMENTS, INC. 2.52% of their portfolio MADISON, WI 2,920,6692.9m $111.0m $111.0m 2.52% Added +85.0k +85,027
17 LVZ, Inc. 12.10% of their portfolio Holland, MI 2,800,7492.8m $106.5m $106.5m 12.10% Added +53.4k +53,353
18 TRUIST FINANCIAL CORP 0.13% of their portfolio CHARLOTTE, NC 2,458,1832.5m $93.5m $93.5m 0.13% Added +86.4k +86,400
19 Cambridge Investment Research Advisors, Inc. 0.23% of their portfolio FAIRFIELD, IA 2,187,0192.2m $83.1m $83.1m 0.23% Reduced -50.6k -50,649
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 2,134,2042.1m $81.1m $81.1m 0.05% Added +194.9k +194,871
21 MML INVESTORS SERVICES, LLC 0.16% of their portfolio SPRINGFIELD, MA 1,601,5891.6m $60.9m $60.9m 0.16% Reduced -12.6k -12,590
22 Kestra Advisory Services, LLC 0.24% of their portfolio AUSTIN, TX 1,399,0541.4m $53.2m $53.2m 0.24% Added +93.2k +93,153
23 Baird Financial Group, Inc. 0.08% of their portfolio MILWAUKEE, WI 1,388,7591.4m $52.8m $52.8m 0.08% Added +82.3k +82,291
24 Private Advisor Group, LLC 0.24% of their portfolio MORRISTOWN, NJ 1,294,0001.3m $49.2m $49.2m 0.24% Added +100.5k +100,496
25 BLAIR WILLIAM & CO/IL 0.13% of their portfolio CHICAGO, IL 1,280,5261.3m $48.7m $48.7m 0.13% Added +15.3k +15,306
26 Sanctuary Advisors, LLC 0.12% of their portfolio INDIANAPOLIS, IN 1,099,6871.1m $39.5m $39.5m 0.12% Added +595.7k +595,663
27 NewEdge Advisors, LLC 0.16% of their portfolio NEW ORLEANS, LA 917,571917.6k $34.9m $34.9m 0.16% Reduced -36.3k -36,310
28 JONES FINANCIAL COMPANIES LLLP 0.02% of their portfolio DES PERES, MO 854,178854.2k $32.6m $32.6m 0.02% Added +186.3k +186,276
29 Prospera Financial Services Inc 0.52% of their portfolio Dallas, TX 804,751804.8k $30.6m $30.6m 0.52% Reduced -29.3k -29,337
30 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 748,544748.5k $28.5m $28.5m 0.07% Reduced -30.5k -30,525
31 Integrated Wealth Concepts LLC 0.23% of their portfolio WALTHAM, MA 684,869684.9k $26.0m $26.0m 0.23% Added +34.0k +33,981
32 D.A. DAVIDSON & CO. 0.16% of their portfolio GREAT FALLS, MT 669,617669.6k $25.5m $25.5m 0.16% Added +25.8k +25,832
33 Western Wealth Management, LLC 1.31% of their portfolio GOLDEN, CO 651,887651.9k $24.8m $24.8m 1.31% Added +52.8k +52,810
34 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 593,541593.5k $22.6m $22.6m 0.02% Added +7.4k +7,387
35 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 584,255584.3k $22.2m $22.2m 0.04% Reduced -532.7k -532,701
36 SMITH CHAS P & ASSOCIATES PA CPAS 1.92% of their portfolio LAKELAND, FL 582,885582.9k $22.2m $22.2m 1.92% Reduced -445.2k -445,243
37 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 580,165580.2k $21.8m $21.8m 0.03% Added +4.9k +4,902
38 Blue Chip Partners, LLC 1.60% of their portfolio FARMINGTON HILLS, MI 563,009563.0k $21.4m $21.4m 1.60% Added +22.5k +22,506
39 Summit Financial, LLC 0.31% of their portfolio PARSIPPANY, NJ 526,182526.2k $20.0m $20.0m 0.31% New
40 Equitable Holdings, Inc. 0.14% of their portfolio NEW YORK, NY 510,192510.2k $19.4m $19.4m 0.14% Added +2.0k +1,957
41 Steward Partners Investment Advisory, LLC 0.11% of their portfolio STAMFORD, CT 494,557494.6k $18.8m $18.8m 0.11% Reduced -7.8k -7,829
42 Aptus Capital Advisors, LLC 0.16% of their portfolio FAIRHOPE, AL 470,400470.4k $17.9m $17.9m 0.16% Added +30.1k +30,111
43 Wagner Wealth Management, LLC 4.11% of their portfolio GREENVILLE, SC 466,018466.0k $17.7m $17.7m 4.11% Added +9.7k +9,704
44 StoneX Group Inc. 0.73% of their portfolio NEW YORK, NY 439,919439.9k $16.7m $16.7m 0.73% Reduced -148.0k -148,013
45 GUARDIAN WEALTH ADVISORS, LLC / NC 1.09% of their portfolio RALEIGH, NC 438,812438.8k $16.7m $16.7m 1.09% Added +30.5k +30,503
46 Advantage Trust Co 7.44% of their portfolio SALINA, KS 433,213433.2k $16.5m $16.5m 7.44% Added +16.2k +16,158
47 Solano Wealth Investment Advisors LLC 7.92% of their portfolio Fairfield, CA 431,881431.9k $16.4m $16.4m 7.92% Added +10.2k +10,241
48 Pine Valley Investments Ltd Liability Co 0.85% of their portfolio MARLTON, NJ 430,566430.6k $16.4m $16.4m 0.85% Added +13.8k +13,830
49 CWM, LLC 0.05% of their portfolio OMAHA, NE 417,627417.6k $15.9m $15.9m 0.05% Added +59.8k +59,834
50 INDEPENDENT FINANCIAL GROUP, LLC 0.37% of their portfolio SAN DIEGO, CA 405,343405.3k $15.4m $15.4m 0.37% Added +2.2k +2,165
51 Sanchez Wealth Management Group 3.41% of their portfolio JACKSONVILLE, FL 403,557403.6k $15.3m $15.3m 3.41% Added +13.8k +13,813
52 Crumly & Associates Inc. 3.29% of their portfolio SPRINGFIELD, IL 396,210396.2k $15.1m $15.1m 3.29% Added +9.0k +8,952
53 Focus Financial Network, Inc. 0.51% of their portfolio MINNEAPOLIS, MN 377,204377.2k $14.3m $14.3m 0.51% Reduced -22.2k -22,213
54 Lifestyle Asset Management, Inc. 4.67% of their portfolio FRIENDSWOOD, TX 359,753359.8k $13.7m $13.7m 4.67% Added +35.8k +35,751
55 DAGCO, INC. 3.43% of their portfolio WESTLAKE, OH 359,049359.0k $13.7m $13.7m 3.43% Added +16.4k +16,391
56 Richmond Investment Services, LLC 2.51% of their portfolio Mequon, WI 354,450354.4k $13.5m $13.5m 2.51% Reduced -206.3k -206,264
57 B & T Capital Management DBA Alpha Capital Management 2.12% of their portfolio AUSTIN, TX 352,229352.2k $13.4m $13.4m 2.12% Added +6.0k +5,984
58 BENJAMIN EDWARDS INC 0.14% of their portfolio Clayton, MO 320,236320.2k $12.2m $12.2m 0.14% Added +13.8k +13,751
59 Wealthcare Advisory Partners LLC 0.24% of their portfolio WEST CHESTER, PA 308,326308.3k $11.7m $11.7m 0.24% Added +38.1k +38,066
60 J.W. COLE ADVISORS, INC. 0.22% of their portfolio TAMPA, FL 307,240307.2k $11.7m $11.7m 0.22% Added +10.0k +10,035
61 RFG Advisory, LLC 0.24% of their portfolio BIRMINGHAM, AL 306,336306.3k $11.6m $11.6m 0.24% Reduced -51.9k -51,852
62 Golden State Wealth Management, LLC 1.28% of their portfolio SANTA ANA, CA 305,271305.3k $11.6m $11.6m 1.28% Added +2.1k +2,087
63 &PARTNERS 0.07% of their portfolio NASHVILLE, TN 302,973303.0k $11.5m $11.5m 0.07% Added +12.9k +12,909
64 Sigma Planning Corp 0.32% of their portfolio ANN ARBOR, MI 295,992296.0k $11.3m $11.3m 0.32% Reduced -98.8k -98,843
65 TWO SIGMA INVESTMENTS, LP 0.02% of their portfolio NEW YORK, NY 295,500295.5k $11.2m $11.2m 0.02% Added +262.6k +262,600
66 Fairvoy Private Wealth, LLC 2.55% of their portfolio BIRMINGHAM, AL 294,652294.7k $11.2m $11.2m 2.55% Added +60.8k +60,775
67 KESTRA PRIVATE WEALTH SERVICES, LLC 0.14% of their portfolio AUSTIN, TX 288,607288.6k $11.0m $11.0m 0.14% Added +1.0k +1,042
68 Arkadios Wealth Advisors 0.27% of their portfolio ATLANTA, GA 286,406286.4k $10.9m $10.9m 0.27% Added +19.0k +18,958
69 Stratos Wealth Advisors, LLC 0.52% of their portfolio BEACHWOOD, OH 286,039286.0k $10.9m $10.9m 0.52% Added +28.5k +28,479
70 Private Wealth Asset Management, LLC 1.26% of their portfolio OMAHA, NE 281,549281.5k $10.7m $10.7m 1.26% Added +20.7k +20,684
71 Foundations Investment Advisors, LLC 0.15% of their portfolio PHOENIX, AZ 264,987265.0k $10.1m $10.1m 0.15% Added +83.7k +83,666
72 TrueWealth Advisors, LLC 2.71% of their portfolio BIRMINGHAM, AL 263,969264.0k $10.0m $10.0m 2.71% Added +824 +824
73 VestGen Advisors, LLC 0.33% of their portfolio CHICAGO, IL 258,153258.2k $9.8m $9.8m 0.33% Added +10.6k +10,564
74 PRECEDENT WEALTH PARTNERS, LLC 2.05% of their portfolio HOUSTON, TX 244,732244.7k $9.3m $9.3m 2.05% Added +30.7k +30,683
75 PSI Advisors, LLC 2.38% of their portfolio TAMPA, FL 243,505243.5k $9.3m $9.3m 2.38% New
76 First Heartland Consultants, Inc. 0.73% of their portfolio LAKE ST. LOUIS, MO 239,303239.3k $9.1m $9.1m 0.73% Reduced -53.7k -53,717
77 ARVEST INVESTMENTS, INC. 1.30% of their portfolio LOWELL, AR 238,068238.1k $9.1m $9.1m 1.30% Reduced -26.5k -26,522
78 Procyon Advisors, LLC 0.54% of their portfolio SHELTON, CT 238,044238.0k $9.1m $9.1m 0.54% Added +19.1k +19,136
79 Atria Investments, Inc 0.10% of their portfolio Charlotte, NC 237,386237.4k $9.0m $9.0m 0.10% Reduced -69.7k -69,670
80 PINNACLE ASSOCIATES LTD 0.12% of their portfolio NEW YORK, NY 233,252233.3k $8.9m $8.9m 0.12% Added +66.4k +66,370
81 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 224,974225.0k $8.6m $8.6m 0.01% Added +89.8k +89,834
82 Owen LaRue, LLC 3.33% of their portfolio ELIZABETHTOWN, KY 222,023222.0k $8.4m $8.4m 3.33% Added +100.0k +99,999
83 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 221,760221.8k $8.4m $8.4m 0.00% Added +120.4k +120,435
84 Stratos Wealth Partners, LTD. 0.10% of their portfolio BEACHWOOD, OH 220,962221.0k $8.4m $8.4m 0.10% Reduced -13.5k -13,517
85 DAYMARK WEALTH PARTNERS, LLC 0.28% of their portfolio CINCINNATI, OH 217,359217.4k $8.3m $8.3m 0.28% Added +19.7k +19,652
86 Triumph Capital Management 2.18% of their portfolio DENVER, CO 212,111212.1k $8.1m $8.1m 2.18% Reduced -15.8k -15,809
87 Certified Advisory Corp 0.76% of their portfolio ALTAMONTE SPRINGS, FL 209,786209.8k $8.0m $8.0m 0.76% Added +4.4k +4,391
88 Visionary Wealth Advisors 0.37% of their portfolio O'FALLON, IL 209,666209.7k $8.0m $8.0m 0.37% Reduced -28.2k -28,187
89 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 208,274208.3k $7.9m $7.9m 0.03% Added +91.1k +91,093
90 Gallagher Fiduciary Advisors, LLC 0.29% of their portfolio ROLLING MEADOWS, IL 207,477207.5k $7.9m $7.9m 0.29% Added +360 +360
91 Capital Investment Counsel, LLC 1.15% of their portfolio DENVER, CO 205,718205.7k $7.8m $7.8m 1.15% Added +3.7k +3,707
92 IHT Wealth Management, LLC 0.20% of their portfolio Chicago, IL 203,878203.9k $7.8m $7.8m 0.20% Reduced -9.6k -9,598
93 OPPENHEIMER & CO INC 0.09% of their portfolio NEW YORK, NY 201,215201.2k $7.7m $7.7m 0.09% Added +21.5k +21,453
94 Mariner, LLC 0.01% of their portfolio Overland Park, KS 201,109201.1k $7.6m $7.6m 0.01% Reduced -107.6k -107,599
95 Uniting Wealth Partners, LLC 1.80% of their portfolio DENVER, CO 200,141200.1k $7.6m $7.6m 1.80% New
96 Southland Equity Partners LLC 1.52% of their portfolio WILDWOOD, MO 198,158198.2k $7.5m $7.5m 1.52% Reduced -9.0k -9,009
97 NorthCoast Asset Management LLC 0.03% of their portfolio STAMFORD, CT 189,188189.2k $7.2m $7.2m 0.03% Reduced -1.9k -1,916
98 Ergawealth Advisors, Inc. 3.34% of their portfolio OAK BROOK, IL 188,349188.3k $7.2m $7.2m 3.34% Reduced -83.4k -83,398
99 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.44% of their portfolio CEDAR RAPIDS, IA 187,518187.5k $7.1m $7.1m 0.44% Added +10.3k +10,296
100 KPP Advisory Services LLC 1.04% of their portfolio Louisville, KY 184,717184.7k $7.0m $7.0m 1.04% Added +143.8k +143,774