Vault-13

FIRST TR EXCHANGE-TRADED FD SDVY

SMID RISNG ETF · ETP · CUSIP 33741X102

568 institutional holders +33 vs Q4 2025
204,318,924204.3m shares reported held*
$8.1bnreported value*
56 new 287 added 164 reduced 23 sold out net bought ≈ $416.3m (+10.6m 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 ($41.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.43. Options: 1 managers hold calls ($674.3k notional), 1 hold puts ($1.9m).

Trends to Q1 2026

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: 535Q1 26: 568568Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q1 2026568

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 25Q4 25: 320 bought or addedQ4 25: 163 cut or sold outQ1 26: 343 bought or addedQ1 26: 187 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 202424291
Q3 202430189
Q4 2024348101
Q1 2025320173
Q2 2025273203
Q3 2025302161
Q4 2025320163
Q1 2026343187

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ2 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 —Q1 26 calls: $674.3kQ1 26 puts: $1.9mQ1 26P/C 2.75
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$674.3k$1.9m2.75

Biggest buyers

RAYMOND JAMES FINANCIAL INC Added +1,219,704+1.2m
HARBOUR INVESTMENTS, INC. Added +1,114,597+1.1m
ELEVATION POINT WEALTH PARTNERS, LLC Added +1,032,576+1.0m
Vestmark Advisory Solutions, Inc. Added +1,022,665+1.0m
Independent Advisor Alliance New +824,540+824.5k
MORGAN STANLEY Added +637,135+637.1k
Arkadios Wealth Advisors Added +566,039+566.0k
BANK OF AMERICA CORP /DE/ Added +564,137+564.1k
JONES FINANCIAL COMPANIES LLLP Added +396,268+396.3k
ENVESTNET ASSET MANAGEMENT INC Added +339,326+339.3k

Biggest sellers

UBS Group AG Reduced -652,155-652.2k
Spectrum Wealth Advisory Group, LLC Reduced -414,517-414.5k
HighTower Advisors, LLC Reduced -331,828-331.8k
MML INVESTORS SERVICES, LLC Reduced -296,612-296.6k
STIFEL FINANCIAL CORP Reduced -222,431-222.4k
StoneX Group Inc. Reduced -182,732-182.7k
Fairvoy Private Wealth, LLC Reduced -161,921-161.9k
Mach-1 Financial Group, LLC Reduced -142,373-142.4k
Qube Research & Technologies Ltd Reduced -140,304-140.3k
LVZ, Inc. Reduced -130,839-130.8k

Biggest calls

CITADEL ADVISORS LLC New $674.3k17.1k shares

Biggest puts

JANE STREET GROUP, LLC New $1.9m47.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 LPL Financial LLC 0.26% of their portfolio FORT MILL, SC 24,870,85224.9m $980.7m $980.7m 0.26% Reduced -21.3k -21,317
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 18,583,99118.6m $732.8m $732.8m 0.04% Added +637.1k +637,135
3 RAYMOND JAMES FINANCIAL INC 0.19% of their portfolio ST. PETERSBURG, FL 15,324,96715.3m $604.3m $604.3m 0.19% Added +1.2m +1,219,704
4 WELLS FARGO & COMPANY/MN 0.10% of their portfolio SAN FRANCISCO, CA 12,623,60912.6m $497.7m $497.7m 0.10% Added +184.2k +184,206
5 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 9,463,5859.5m $373.1m $373.1m 0.03% Added +564.1k +564,137
6 Cetera Investment Advisers 0.33% of their portfolio SCHAUMBURG, IL 7,943,3627.9m $313.2m $313.2m 0.33% Added +227.4k +227,423
7 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 6,670,9116.7m $263.0m $263.0m 0.05% Added +322.6k +322,622
8 UBS Group AG 0.04% of their portfolio ZURICH, V8 6,289,0106.3m $248.0m $248.0m 0.04% Reduced -652.2k -652,155
9 Capital Investment Advisors, LLC 2.64% of their portfolio ATLANTA, GA 4,575,0864.6m $180.4m $180.4m 2.64% Added +199.5k +199,463
10 STIFEL FINANCIAL CORP 0.14% of their portfolio ST. LOUIS, MO 3,945,4293.9m $155.6m $155.6m 0.14% Reduced -222.4k -222,431
11 HARBOUR INVESTMENTS, INC. 2.33% of their portfolio MADISON, WI 3,830,3913.8m $151.0m $151.0m 2.33% Added +1.1m +1,114,597
12 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 3,621,2933.6m $142.8m $142.8m 0.04% Added +339.3k +339,326
13 PARK NATIONAL CORP /OH/ 4.17% of their portfolio NEWARK, OH 3,472,0413.5m $136.9m $136.9m 4.17% Added +66.1k +66,100
14 COMMONWEALTH EQUITY SERVICES, LLC 0.19% of their portfolio WALTHAM, MA 3,455,3283.5m $136.2m $136.2m 0.19% Reduced -99.4k -99,356
15 HighTower Advisors, LLC 0.12% of their portfolio CHICAGO, IL 2,973,9603.0m $117.3m $117.3m 0.12% Reduced -331.8k -331,828
16 OSAIC HOLDINGS, INC. 0.16% of their portfolio SCOTTSDALE, AZ 2,813,0612.8m $110.9m $110.9m 0.16% Added +9.4k +9,427
17 LVZ, Inc. 12.03% of their portfolio Holland, MI 2,674,2962.7m $105.4m $105.4m 12.03% Reduced -130.8k -130,839
18 TRUIST FINANCIAL CORP 0.14% of their portfolio CHARLOTTE, NC 2,653,7982.7m $104.6m $104.6m 0.14% Added +199.4k +199,415
19 Cambridge Investment Research Advisors, Inc. 0.26% of their portfolio FAIRFIELD, IA 2,597,7832.6m $102.4m $102.4m 0.26% Added +247.5k +247,455
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 2,498,7102.5m $98.5m $98.5m 0.06% Added +298.9k +298,886
21 Baird Financial Group, Inc. 0.10% of their portfolio MILWAUKEE, WI 1,689,2761.7m $66.6m $66.6m 0.10% Added +260.4k +260,356
22 Kestra Advisory Services, LLC 0.25% of their portfolio AUSTIN, TX 1,659,6881.7m $65.4m $65.4m 0.25% Added +87.3k +87,259
23 JONES FINANCIAL COMPANIES LLLP 0.03% of their portfolio DES PERES, MO 1,505,5261.5m $58.3m $58.3m 0.03% Added +396.3k +396,268
24 BLAIR WILLIAM & CO/IL 0.17% of their portfolio CHICAGO, IL 1,480,5581.5m $58.4m $58.4m 0.17% Added +173.0k +173,007
25 Private Advisor Group, LLC 0.27% of their portfolio MORRISTOWN, NJ 1,444,9601.4m $57.0m $57.0m 0.27% Added +83.7k +83,660
26 MML INVESTORS SERVICES, LLC 0.15% of their portfolio SPRINGFIELD, MA 1,368,0521.4m $53.9m $53.9m 0.15% Reduced -296.6k -296,612
27 Southern Financial Group, LLC 14.36% of their portfolio BIRMINGHAM, AL 1,303,5021.3m $51.4m $51.4m 14.36% Added +11.7k +11,694
28 Rockefeller Capital Management L.P. 0.09% of their portfolio NEW YORK, NY 1,282,1941.3m $50.6m $50.6m 0.09% Added +159.2k +159,247
29 ELEVATION POINT WEALTH PARTNERS, LLC 0.97% of their portfolio DENVER, CO 1,039,8621.0m $41.0m $41.0m 0.97% Added +1.0m +1,032,576
30 Vestmark Advisory Solutions, Inc. 0.45% of their portfolio Wakefield, MA 1,029,9511.0m $40.6m $40.6m 0.45% Added +1.0m +1,022,665
31 SMITH CHAS P & ASSOCIATES PA CPAS 2.20% of their portfolio LAKELAND, FL 1,026,4581.0m $40.5m $40.5m 2.20% Reduced -994 -994
32 NewEdge Advisors, LLC 0.13% of their portfolio NEW ORLEANS, LA 932,398932.4k $36.8m $36.8m 0.13% Reduced -71.9k -71,881
33 Janney Montgomery Scott LLC 0.09% of their portfolio PHILADELPHIA, PA 911,680911.7k $35.9m $35.9m 0.09% Added +74.4k +74,375
34 JSF Financial, LLC 6.89% of their portfolio LOS ANGELES, CA 891,631891.6k $35.2m $35.2m 6.89% Added +316.8k +316,764
35 Arkadios Wealth Advisors 0.56% of their portfolio ATLANTA, GA 861,728861.7k $34.0m $34.0m 0.56% Added +566.0k +566,039
36 Prospera Financial Services Inc 0.54% of their portfolio Dallas, TX 852,512852.5k $33.6m $33.6m 0.54% Added +107.6k +107,620
37 Western Wealth Management, LLC 1.28% of their portfolio GOLDEN, CO 849,178849.2k $33.5m $33.5m 1.28% Added +92.8k +92,762
38 Independent Advisor Alliance 0.35% of their portfolio CHARLOTTE, NC 824,540824.5k $32.5m $32.5m 0.35% New
39 D.A. DAVIDSON & CO. 0.18% of their portfolio GREAT FALLS, MT 736,973737.0k $29.1m $29.1m 0.18% Added +63.8k +63,777
40 GW HENSSLER & ASSOCIATES LTD 1.27% of their portfolio KENNESAW, GA 685,207685.2k $27.0m $27.0m 1.27% Added +174.7k +174,734
41 Integrated Wealth Concepts LLC 0.21% of their portfolio WALTHAM, MA 653,431653.4k $25.8m $25.8m 0.21% Added +134.9k +134,915
42 Decker Wealth Management LLC 5.63% of their portfolio NASHVILLE, TN 628,685628.7k $24.8m $24.8m 5.63% Reduced -3.7k -3,692
43 Blue Chip Partners, LLC 1.72% of their portfolio FARMINGTON HILLS, MI 607,551607.6k $24.0m $24.0m 1.72% Added +16.7k +16,720
44 Sanctuary Advisors, LLC 0.13% of their portfolio INDIANAPOLIS, IN 587,966588.0k $23.2m $23.2m 0.13% Reduced -801 -801
45 Aptus Capital Advisors, LLC 0.19% of their portfolio FAIRHOPE, AL 578,589578.6k $22.8m $22.8m 0.19% Added +45.6k +45,638
46 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio PLYMOUTH, MN 571,011571.0k $22.7m $22.7m 0.05% Reduced -24.9k -24,950
47 Trilogy Capital Inc. 0.99% of their portfolio IRVINE, CA 562,650562.6k $22.2m $22.2m 0.99% Added +8.9k +8,910
48 GUARDIAN WEALTH ADVISORS, LLC / NC 1.37% of their portfolio RALEIGH, NC 547,352547.4k $21.6m $21.6m 1.37% Added +42.1k +42,146
49 Equitable Holdings, Inc. 0.13% of their portfolio NEW YORK, NY 537,002537.0k $20.6m $20.6m 0.13% Reduced -24.5k -24,527
50 FIRST TRUST ADVISORS LP 0.02% of their portfolio Wheaton, IL 535,680535.7k $21.1m $21.1m 0.02% Added +80.7k +80,684
51 Summit Financial, LLC 0.27% of their portfolio PARSIPPANY, NJ 532,862532.9k $21.0m $21.0m 0.27% Added +9.8k +9,847
52 Steward Partners Investment Advisory, LLC 0.10% of their portfolio STAMFORD, CT 521,538521.5k $20.6m $20.6m 0.10% Added +20.6k +20,592
53 Private Wealth Asset Management, LLC 2.15% of their portfolio OMAHA, NE 510,590510.6k $20.1m $20.1m 2.15% Added +153.0k +153,002
54 Wagner Wealth Management, LLC 3.89% of their portfolio GREENVILLE, SC 488,665488.7k $19.3m $19.3m 3.89% Added +13.8k +13,825
55 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 483,798483.8k $19.1m $19.1m 0.02% Added +238.2k +238,194
56 Sanchez Wealth Management Group 3.85% of their portfolio JACKSONVILLE, FL 451,725451.7k $17.8m $17.8m 3.85% Added +5.5k +5,492
57 CWM, LLC 0.05% of their portfolio OMAHA, NE 449,821449.8k $17.7m $17.7m 0.05% Added +1.3k +1,349
58 Advantage Trust Co 7.84% of their portfolio SALINA, KS 443,500443.5k $17.5m $17.5m 7.84% Added +4.6k +4,636
59 &PARTNERS 0.08% of their portfolio NASHVILLE, TN 434,608434.6k $17.1m $17.1m 0.08% Reduced -18.7k -18,680
60 Crumly & Associates Inc. 3.59% of their portfolio SPRINGFIELD, IL 433,507433.5k $17.1m $17.1m 3.59% Reduced -43.2k -43,209
61 Solano Wealth Investment Advisors LLC 8.35% of their portfolio Fairfield, CA 425,107425.1k $16.8m $16.8m 8.35% Reduced -6.4k -6,352
62 INDEPENDENT FINANCIAL GROUP, LLC 0.37% of their portfolio SAN DIEGO, CA 418,090418.1k $16.5m $16.5m 0.37% Added +17.2k +17,233
63 Focus Financial Network, Inc. 0.59% of their portfolio MINNEAPOLIS, MN 415,114415.1k $16.4m $16.4m 0.59% Added +19.3k +19,273
64 Richmond Investment Services, LLC 2.64% of their portfolio Mequon, WI 414,692414.7k $16.4m $16.4m 2.64% Added +18.0k +17,972
65 DAGCO, INC. 3.53% of their portfolio WESTLAKE, OH 413,183413.2k $16.3m $16.3m 3.53% Added +43.0k +42,999
66 Pine Valley Investments Ltd Liability Co 0.74% of their portfolio MARLTON, NJ 386,211386.2k $15.2m $15.2m 0.74% Reduced -48.5k -48,499
67 B & T Capital Management DBA Alpha Capital Management 2.07% of their portfolio AUSTIN, TX 363,033363.0k $14.3m $14.3m 2.07% Added +1.2k +1,187
68 Gateway Wealth Partners, LLC 0.54% of their portfolio APPLETON, WI 351,046351.0k $13.8m $13.8m 0.54% Added +204.1k +204,098
69 J.W. COLE ADVISORS, INC. 0.44% of their portfolio TAMPA, FL 333,920333.9k $13.2m $13.2m 0.44% Added +11.9k +11,930
70 Aft, Forsyth & Sober, LLC 3.96% of their portfolio VALRICO, FL 329,600329.6k $13.0m $13.0m 3.96% Unchanged
71 Wealthcare Advisory Partners LLC 0.24% of their portfolio WEST CHESTER, PA 318,732318.7k $12.6m $12.6m 0.24% Added +5.6k +5,605
72 Sigma Planning Corp 0.33% of their portfolio ANN ARBOR, MI 300,698300.7k $11.9m $11.9m 0.33% Added +9.0k +9,016
73 RFG Advisory, LLC 0.22% of their portfolio BIRMINGHAM, AL 300,293300.3k $11.8m $11.8m 0.22% Added +40.6k +40,647
74 KESTRA PRIVATE WEALTH SERVICES, LLC 0.15% of their portfolio AUSTIN, TX 299,257299.3k $11.8m $11.8m 0.15% Reduced -2.7k -2,744
75 AXXCESS WEALTH MANAGEMENT, LLC 0.38% of their portfolio CARLSBAD, CA 297,107297.1k $11.7m $11.7m 0.38% Added +30.9k +30,924
76 Golden State Wealth Management, LLC 1.28% of their portfolio SANTA ANA, CA 297,058297.1k $11.7m $11.7m 1.28% Added +3.9k +3,904
77 Foundations Investment Advisors, LLC 0.14% of their portfolio PHOENIX, AZ 293,906293.9k $11.6m $11.6m 0.14% Added +25.2k +25,194
78 PRECEDENT WEALTH PARTNERS, LLC 2.31% of their portfolio HOUSTON, TX 293,256293.3k $11.6m $11.6m 2.31% Added +35.7k +35,669
79 Procyon Advisors, LLC 0.56% of their portfolio SHELTON, CT 291,405291.4k $11.5m $11.5m 0.56% Added +44.1k +44,143
80 Stratos Wealth Advisors, LLC 0.69% of their portfolio BEACHWOOD, OH 286,832286.8k $11.3m $11.3m 0.69% Reduced -8.1k -8,120
81 S Harris Financial Group, LLC 10.23% of their portfolio SAN ANTONIO, TX 284,420284.4k $11.2m $11.2m 10.23% Added +5.2k +5,208
82 Randall & Associates Wealth Management 7.49% of their portfolio BUTLER, PA 281,674281.7k $11.1m $11.1m 7.49% Added +110.6k +110,601
83 PINNACLE ASSOCIATES LTD 0.14% of their portfolio NEW YORK, NY 279,780279.8k $11.0m $11.0m 0.14% Added +27.1k +27,076
84 TrueWealth Advisors, LLC 2.64% of their portfolio BIRMINGHAM, AL 266,637266.6k $10.5m $10.5m 2.64% Reduced -6.0k -5,974
85 BENJAMIN EDWARDS INC 0.10% of their portfolio Clayton, MO 264,602264.6k $10.4m $10.4m 0.10% Reduced -26.1k -26,094
86 PSI Advisors, LLC 2.44% of their portfolio TAMPA, FL 258,753258.8k $10.2m $10.2m 2.44% Added +8.1k +8,090
87 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 257,694257.7k $10.2m $10.2m 0.01% Added +27.6k +27,647
88 StoneX Group Inc. 0.54% of their portfolio NEW YORK, NY 254,193254.2k $10.0m $10.0m 0.54% Reduced -182.7k -182,732
89 Hobart Private Capital, LLC 1.89% of their portfolio CHARLOTTE, NC 244,264244.3k $9.6m $9.6m 1.89% Added +72.3k +72,342
90 Econ Financial Services Corp 4.42% of their portfolio HARRISBURG, PA 241,302241.3k $9.5m $9.5m 4.42% Added +61.6k +61,583
91 Atria Investments, Inc 0.11% of their portfolio Charlotte, NC 240,787240.8k $9.5m $9.5m 0.11% Added +1.1k +1,133
92 Arax Advisory Partners 0.26% of their portfolio NEW YORK, NY 237,546237.5k $9.4m $9.4m 0.26% Added +8.4k +8,430
93 NATIONS FINANCIAL GROUP INC, /IA/ /ADV 0.46% of their portfolio CEDAR RAPIDS, IA 224,997225.0k $8.9m $8.9m 0.46% Added +19.9k +19,932
94 OPPENHEIMER & CO INC 0.11% of their portfolio NEW YORK, NY 222,880222.9k $8.8m $8.8m 0.11% Added +32.1k +32,117
95 Certified Advisory Corp 0.76% of their portfolio ALTAMONTE SPRINGS, FL 215,374215.4k $8.5m $8.5m 0.76% Added +2.1k +2,097
96 GREAT VALLEY ADVISOR GROUP, INC. 0.15% of their portfolio WILMINGTON, DE 211,777211.8k $8.4m $8.4m 0.15% Added +9.0k +9,022
97 Mariner, LLC 0.01% of their portfolio Overland Park, KS 210,001210.0k $8.3m $8.3m 0.01% Added +5.2k +5,152
98 My Portfolio Guide, LLC 4.55% of their portfolio SEAL BEACH, CA 208,576208.6k $8.2m $8.2m 4.55% First filing
99 First Heartland Consultants, Inc. 0.62% of their portfolio LAKE ST. LOUIS, MO 206,615206.6k $8.1m $8.1m 0.62% Reduced -25.7k -25,660
100 Triumph Capital Management 1.66% of their portfolio DENVER, CO 206,474206.5k $8.1m $8.1m 1.66% Reduced -1.6k -1,605