Vault-13

FIRST TR EXCHANGE-TRADED FD SDVY

SMID RISNG ETF · ETP · CUSIP 33741X102

535 institutional holders +51 vs Q3 2025
194,534,620194.5m shares reported held*
$7.5bnreported value*
49 new 271 added 136 reduced 27 sold out net bought ≈ $389.4m (+10.2m 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 ($626.9k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $38.33.

Trends to Q4 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: 484Q4 25: 535535Q3 22Q2 23Q1 24Q4 24Q4 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
Q4 2025535

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 246 bought or addedQ1 24: 58 cut or sold outQ2 24: 242 bought or addedQ2 24: 91 cut or sold outQ2 24Q3 24: 301 bought or addedQ3 24: 89 cut or sold outQ4 24: 348 bought or addedQ4 24: 101 cut or sold outQ4 24Q1 25: 320 bought or addedQ1 25: 173 cut or sold outQ2 25: 273 bought or addedQ2 25: 203 cut or sold outQ2 25Q3 25: 302 bought or addedQ3 25: 161 cut or sold outQ4 25: 320 bought or addedQ4 25: 163 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202424658
Q2 202424291
Q3 202430189
Q4 2024348101
Q1 2025320173
Q2 2025273203
Q3 2025302161
Q4 2025320163

Calls vs puts

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

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

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +1,261,249+1.3m
LPL Financial LLC Added +1,135,800+1.1m
BANK OF AMERICA CORP /DE/ Added +917,059+917.1k
JSF Financial, LLC New +574,867+574.9k
Trilogy Capital Inc. New +553,740+553.7k
Rockefeller Capital Management L.P. Added +538,692+538.7k
GW HENSSLER & ASSOCIATES LTD New +510,473+510.5k
Cetera Investment Advisers Added +451,662+451.7k
SMITH CHAS P & ASSOCIATES PA CPAS Added +444,567+444.6k
Spectrum Wealth Advisory Group, LLC Added +413,010+413.0k

Biggest sellers

Sanctuary Advisors, LLC Reduced -510,920-510.9k
Lifestyle Asset Management, Inc. Reduced -311,794-311.8k
TWO SIGMA INVESTMENTS, LP Sold out -295,500-295.5k
HARBOUR INVESTMENTS, INC. Reduced -204,875-204.9k
NorthCoast Asset Management LLC Sold out -189,188-189.2k
Integrated Wealth Concepts LLC Reduced -166,353-166.4k
OSAIC HOLDINGS, INC. Reduced -162,541-162.5k
GPS Wealth Strategies Group, LLC Reduced -138,607-138.6k
FIRST TRUST ADVISORS LP Reduced -138,545-138.5k
Ergawealth Advisors, Inc. Reduced -126,710-126.7k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.26% of their portfolio FORT MILL, SC 24,892,16924.9m $953.9m $953.9m 0.26% Added +1.1m +1,135,800
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 17,946,85617.9m $687.7m $687.7m 0.04% Added +130.9k +130,885
3 RAYMOND JAMES FINANCIAL INC 0.17% of their portfolio ST. PETERSBURG, FL 14,105,26314.1m $540.5m $540.5m 0.17% Added +1.3m +1,261,249
4 WELLS FARGO & COMPANY/MN 0.09% of their portfolio SAN FRANCISCO, CA 12,439,40312.4m $476.7m $476.7m 0.09% Reduced -86.1k -86,137
5 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 8,899,4488.9m $341.0m $341.0m 0.02% Added +917.1k +917,059
6 Cetera Investment Advisers 0.32% of their portfolio SCHAUMBURG, IL 7,715,9397.7m $295.7m $295.7m 0.32% Added +451.7k +451,662
7 UBS Group AG 0.05% of their portfolio ZURICH, V8 6,941,1656.9m $266.0m $266.0m 0.05% Added +194.4k +194,373
8 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 6,348,2896.3m $243.3m $243.3m 0.04% Added +358.8k +358,820
9 Capital Investment Advisors, LLC 2.56% of their portfolio ATLANTA, GA 4,375,6234.4m $167.7m $167.7m 2.56% Added +204.8k +204,797
10 STIFEL FINANCIAL CORP 0.14% of their portfolio ST. LOUIS, MO 4,167,8604.2m $159.7m $159.7m 0.14% Added +189.9k +189,858
11 COMMONWEALTH EQUITY SERVICES, LLC 0.18% of their portfolio WALTHAM, MA 3,554,6843.6m $136.2m $136.2m 0.18% Added +170.3k +170,253
12 PARK NATIONAL CORP /OH/ 4.07% of their portfolio NEWARK, OH 3,405,9413.4m $130.5m $130.5m 4.07% Reduced -6.2k -6,234
13 HighTower Advisors, LLC 0.14% of their portfolio CHICAGO, IL 3,305,7883.3m $126.7m $126.7m 0.14% Added +178.7k +178,736
14 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 3,281,9673.3m $125.8m $125.8m 0.04% Added +214.3k +214,327
15 LVZ, Inc. 12.02% of their portfolio Holland, MI 2,805,1352.8m $107.5m $107.5m 12.02% Added +4.4k +4,386
16 OSAIC HOLDINGS, INC. 0.16% of their portfolio SCOTTSDALE, AZ 2,803,6342.8m $107.5m $107.5m 0.16% Reduced -162.5k -162,541
17 HARBOUR INVESTMENTS, INC. 2.11% of their portfolio MADISON, WI 2,715,7942.7m $104.1m $104.1m 2.11% Reduced -204.9k -204,875
18 TRUIST FINANCIAL CORP 0.13% of their portfolio CHARLOTTE, NC 2,454,3832.5m $94.1m $94.1m 0.13% Reduced -3.8k -3,800
19 Cambridge Investment Research Advisors, Inc. 0.24% of their portfolio FAIRFIELD, IA 2,350,3282.4m $90.1m $90.1m 0.24% Added +163.3k +163,309
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 2,199,8242.2m $84.3m $84.3m 0.05% Added +65.6k +65,620
21 MML INVESTORS SERVICES, LLC 0.16% of their portfolio SPRINGFIELD, MA 1,664,6641.7m $63.8m $63.8m 0.16% Added +63.1k +63,075
22 Kestra Advisory Services, LLC 0.25% of their portfolio AUSTIN, TX 1,572,4291.6m $60.3m $60.3m 0.25% Added +173.4k +173,375
23 Baird Financial Group, Inc. 0.09% of their portfolio MILWAUKEE, WI 1,428,9201.4m $54.8m $54.8m 0.09% Added +40.2k +40,161
24 Private Advisor Group, LLC 0.25% of their portfolio MORRISTOWN, NJ 1,361,3001.4m $52.2m $52.2m 0.25% Added +67.3k +67,300
25 BLAIR WILLIAM & CO/IL 0.13% of their portfolio CHICAGO, IL 1,307,5511.3m $50.1m $50.1m 0.13% Added +27.0k +27,025
26 Southern Financial Group, LLC 14.17% of their portfolio BIRMINGHAM, AL 1,291,8081.3m $49.5m $49.5m 14.17% First filing
27 Rockefeller Capital Management L.P. 0.08% of their portfolio NEW YORK, NY 1,122,9471.1m $43.0m $43.0m 0.08% Added +538.7k +538,692
28 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 1,109,2581.1m $42.5m $42.5m 0.03% Added +255.1k +255,080
29 SMITH CHAS P & ASSOCIATES PA CPAS 2.07% of their portfolio LAKELAND, FL 1,027,4521.0m $39.4m $39.4m 2.07% Added +444.6k +444,567
30 NewEdge Advisors, LLC 0.14% of their portfolio NEW ORLEANS, LA 1,004,2791.0m $38.5m $38.5m 0.14% Added +86.7k +86,708
31 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 837,305837.3k $32.1m $32.1m 0.07% Added +88.8k +88,761
32 Western Wealth Management, LLC 1.34% of their portfolio GOLDEN, CO 756,416756.4k $29.0m $29.0m 1.34% Added +104.5k +104,529
33 Prospera Financial Services Inc 0.47% of their portfolio Dallas, TX 744,892744.9k $28.6m $28.6m 0.47% Reduced -59.9k -59,859
34 D.A. DAVIDSON & CO. 0.16% of their portfolio GREAT FALLS, MT 673,196673.2k $25.8m $25.8m 0.16% Added +3.6k +3,579
35 Decker Wealth Management LLC 5.32% of their portfolio NASHVILLE, TN 632,377632.4k $24.2m $24.2m 5.32% First filing
36 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 595,961596.0k $23.7m $23.7m 0.03% Added +15.8k +15,796
37 Blue Chip Partners, LLC 1.64% of their portfolio FARMINGTON HILLS, MI 590,831590.8k $22.6m $22.6m 1.64% Added +27.8k +27,822
38 Sanctuary Advisors, LLC 0.12% of their portfolio INDIANAPOLIS, IN 588,767588.8k $22.6m $22.6m 0.12% Reduced -510.9k -510,920
39 JSF Financial, LLC 4.57% of their portfolio LOS ANGELES, CA 574,867574.9k $22.0m $22.0m 4.57% New
40 Equitable Holdings, Inc. 0.15% of their portfolio NEW YORK, NY 561,529561.5k $21.5m $21.5m 0.15% Added +51.3k +51,337
41 Trilogy Capital Inc. 0.95% of their portfolio IRVINE, CA 553,740553.7k $21.2m $21.2m 0.95% New
42 Aptus Capital Advisors, LLC 0.17% of their portfolio FAIRHOPE, AL 532,951533.0k $20.4m $20.4m 0.17% Added +62.6k +62,551
43 Summit Financial, LLC 0.29% of their portfolio PARSIPPANY, NJ 523,015523.0k $20.0m $20.0m 0.29% Reduced -3.2k -3,167
44 Integrated Wealth Concepts LLC 0.24% of their portfolio WALTHAM, MA 518,516518.5k $19.9m $19.9m 0.24% Reduced -166.4k -166,353
45 Spectrum Wealth Advisory Group, LLC 7.27% of their portfolio GRANITE BAY, CA 516,444516.4k $19.8m $19.8m 7.27% Added +413.0k +413,010
46 GW HENSSLER & ASSOCIATES LTD 0.94% of their portfolio KENNESAW, GA 510,473510.5k $19.6m $19.6m 0.94% New
47 GUARDIAN WEALTH ADVISORS, LLC / NC 1.21% of their portfolio RALEIGH, NC 505,206505.2k $19.4m $19.4m 1.21% Added +66.4k +66,394
48 Steward Partners Investment Advisory, LLC 0.11% of their portfolio STAMFORD, CT 500,946500.9k $19.2m $19.2m 0.11% Added +6.4k +6,389
49 Crumly & Associates Inc. 3.83% of their portfolio SPRINGFIELD, IL 476,716476.7k $18.3m $18.3m 3.83% Added +80.5k +80,506
50 Wagner Wealth Management, LLC 3.87% of their portfolio GREENVILLE, SC 474,840474.8k $18.2m $18.2m 3.87% Added +8.8k +8,822
51 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 454,996455.0k $17.4m $17.4m 0.01% Reduced -138.5k -138,545
52 &PARTNERS 0.09% of their portfolio NASHVILLE, TN 453,288453.3k $17.4m $17.4m 0.09% Added +150.3k +150,315
53 CWM, LLC 0.05% of their portfolio OMAHA, NE 448,472448.5k $17.2m $17.2m 0.05% Added +30.8k +30,845
54 Sanchez Wealth Management Group 3.66% of their portfolio JACKSONVILLE, FL 446,233446.2k $17.1m $17.1m 3.66% Added +42.7k +42,676
55 Advantage Trust Co 7.58% of their portfolio SALINA, KS 438,864438.9k $16.8m $16.8m 7.58% Added +5.7k +5,651
56 StoneX Group Inc. 0.73% of their portfolio NEW YORK, NY 436,925436.9k $16.9m $16.9m 0.73% Reduced -3.0k -2,994
57 Pine Valley Investments Ltd Liability Co 0.83% of their portfolio MARLTON, NJ 434,710434.7k $16.7m $16.7m 0.83% Added +4.1k +4,144
58 Solano Wealth Investment Advisors LLC 8.19% of their portfolio Fairfield, CA 431,459431.5k $16.5m $16.5m 8.19% Reduced -422 -422
59 INDEPENDENT FINANCIAL GROUP, LLC 0.34% of their portfolio SAN DIEGO, CA 400,857400.9k $15.4m $15.4m 0.34% Reduced -4.5k -4,486
60 Richmond Investment Services, LLC 2.63% of their portfolio Mequon, WI 396,720396.7k $15.2m $15.2m 2.63% Added +42.3k +42,270
61 Focus Financial Network, Inc. 0.53% of their portfolio MINNEAPOLIS, MN 395,841395.8k $15.2m $15.2m 0.53% Added +18.6k +18,637
62 DAGCO, INC. 3.28% of their portfolio WESTLAKE, OH 370,184370.2k $14.2m $14.2m 3.28% Added +11.1k +11,135
63 B & T Capital Management DBA Alpha Capital Management 1.95% of their portfolio AUSTIN, TX 361,846361.8k $13.9m $13.9m 1.95% Added +9.6k +9,617
64 Private Wealth Asset Management, LLC 1.49% of their portfolio OMAHA, NE 357,588357.6k $13.7m $13.7m 1.49% Added +76.0k +76,039
65 Qube Research & Technologies Ltd 0.02% of their portfolio LONDON, X0 343,967344.0k $13.2m $13.2m 0.02% Added +268.7k +268,722
66 Aft, Forsyth & Sober, LLC 3.83% of their portfolio VALRICO, FL 329,600329.6k $12.6m $12.6m 3.83% New
67 J.W. COLE ADVISORS, INC. 0.29% of their portfolio TAMPA, FL 321,990322.0k $11.9m $11.9m 0.29% Added +14.8k +14,750
68 Wealthcare Advisory Partners LLC 0.24% of their portfolio WEST CHESTER, PA 313,127313.1k $12.0m $12.0m 0.24% Added +4.8k +4,801
69 Fairvoy Private Wealth, LLC 2.60% of their portfolio BIRMINGHAM, AL 303,071303.1k $11.6m $11.6m 2.60% Added +8.4k +8,419
70 KESTRA PRIVATE WEALTH SERVICES, LLC 0.14% of their portfolio AUSTIN, TX 302,001302.0k $11.6m $11.6m 0.14% Added +13.4k +13,394
71 Arkadios Wealth Advisors 0.22% of their portfolio ATLANTA, GA 295,689295.7k $11.3m $11.3m 0.22% Added +9.3k +9,283
72 Stratos Wealth Advisors, LLC 0.55% of their portfolio BEACHWOOD, OH 294,952295.0k $11.3m $11.3m 0.55% Added +8.9k +8,913
73 Golden State Wealth Management, LLC 1.19% of their portfolio SANTA ANA, CA 293,154293.2k $11.2m $11.2m 1.19% Reduced -12.1k -12,117
74 Sigma Planning Corp 0.31% of their portfolio ANN ARBOR, MI 291,682291.7k $11.2m $11.2m 0.31% Reduced -4.3k -4,310
75 BENJAMIN EDWARDS INC 0.12% of their portfolio Clayton, MO 290,696290.7k $11.1m $11.1m 0.12% Reduced -29.5k -29,540
76 Mach-1 Financial Group, LLC 2.26% of their portfolio Rogers, AR 286,966287.0k $11.0m $11.0m 2.26% New
77 S Harris Financial Group, LLC 10.25% of their portfolio SAN ANTONIO, TX 279,212279.2k $10.7m $10.7m 10.25% First filing
78 TrueWealth Advisors, LLC 2.71% of their portfolio BIRMINGHAM, AL 272,611272.6k $10.4m $10.4m 2.71% Added +8.6k +8,642
79 Foundations Investment Advisors, LLC 0.14% of their portfolio PHOENIX, AZ 268,712268.7k $10.3m $10.3m 0.14% Added +3.7k +3,725
80 AXXCESS WEALTH MANAGEMENT, LLC 0.18% of their portfolio CARLSBAD, CA 266,183266.2k $10.2m $10.2m 0.18% Added +248.7k +248,685
81 ARVEST INVESTMENTS, INC. 1.42% of their portfolio LOWELL, AR 263,558263.6k $10.1m $10.1m 1.42% Added +25.5k +25,490
82 RFG Advisory, LLC 0.19% of their portfolio BIRMINGHAM, AL 259,646259.6k $9.9m $9.9m 0.19% Reduced -46.7k -46,690
83 PRECEDENT WEALTH PARTNERS, LLC 2.07% of their portfolio HOUSTON, TX 257,587257.6k $9.9m $9.9m 2.07% Added +12.9k +12,855
84 PINNACLE ASSOCIATES LTD 0.12% of their portfolio NEW YORK, NY 252,704252.7k $9.7m $9.7m 0.12% Added +19.5k +19,452
85 PSI Advisors, LLC 2.43% of their portfolio TAMPA, FL 250,663250.7k $9.7m $9.7m 2.43% Added +7.2k +7,158
86 Envestnet Portfolio Solutions, Inc. 0.03% of their portfolio BERWYN, PA 250,163250.2k $9.6m $9.6m 0.03% Added +41.9k +41,889
87 Procyon Advisors, LLC 0.47% of their portfolio SHELTON, CT 247,262247.3k $9.5m $9.5m 0.47% Added +9.2k +9,218
88 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 245,604245.6k $9.4m $9.4m 0.01% Added +197.0k +197,048
89 Atria Investments, Inc 0.10% of their portfolio Charlotte, NC 239,654239.7k $9.2m $9.2m 0.10% Added +2.3k +2,268
90 First Heartland Consultants, Inc. 0.67% of their portfolio LAKE ST. LOUIS, MO 232,275232.3k $8.9m $8.9m 0.67% Reduced -7.0k -7,028
91 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 230,047230.0k $8.8m $8.8m 0.01% Added +5.1k +5,073
92 Arax Advisory Partners 0.26% of their portfolio NEW YORK, NY 229,116229.1k $8.8m $8.8m 0.26% New
93 Stratos Wealth Partners, LTD. 0.10% of their portfolio BEACHWOOD, OH 222,952223.0k $8.5m $8.5m 0.10% Added +2.0k +1,990
94 Certified Advisory Corp 0.74% of their portfolio ALTAMONTE SPRINGS, FL 213,277213.3k $8.2m $8.2m 0.74% Added +3.5k +3,491
95 Triumph Capital Management 1.72% of their portfolio DENVER, CO 208,079208.1k $8.0m $8.0m 1.72% Reduced -4.0k -4,032
96 VestGen Advisors, LLC 0.34% of their portfolio CHICAGO, IL 206,039206.0k $7.9m $7.9m 0.34% Reduced -52.1k -52,114
97 IHT Wealth Management, LLC 0.19% of their portfolio Chicago, IL 205,923205.9k $7.9m $7.9m 0.19% Added +2.0k +2,045
98 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.41% of their portfolio CEDAR RAPIDS, IA 205,065205.1k $7.9m $7.9m 0.41% Added +17.5k +17,547
99 Mariner, LLC 0.01% of their portfolio Overland Park, KS 204,849204.8k $7.8m $7.8m 0.01% Added +3.7k +3,740
100 Gallagher Fiduciary Advisors, LLC 0.25% of their portfolio ROLLING MEADOWS, IL 204,794204.8k $7.8m $7.8m 0.25% Reduced -2.7k -2,683