DaveManuel.com · Institutional Ownership · Who Owns It
FIRST TR EXCHANGE-TRADED ALP (FAD)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
111
Reporting holders
$406.1M
Reported value
0.0%
Calls
0.0%
Puts
+12
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| MORGAN STANLEY | $55.5M | 277,568 | 0.00% | 35q | +14.5%+$7.0M |
| LPL Financial LLC | $55.3M | 276,498 | 0.01% | 31q | +39.7%+$15.7M |
| WELLS FARGO & COMPANY/MN | $42.5M | 212,489 | 0.01% | 31q | +21.4%+$7.5M |
| RAYMOND JAMES FINANCIAL INC | $25.1M | 125,696 | 0.01% | 7q | +34.3%+$6.4M |
| COMMONWEALTH EQUITY SERVICES, LLC | $13.7M | 68,726 | 0.02% | 31q | +13.0%+$1.6M |
| RPg Family Wealth Advisory, LLC | $12.1M | 60,546 | 1.12% | 12q | +99.5%+$6.0M |
| JONES FINANCIAL COMPANIES LLLP | $12.0M | 61,706 | 0.00% | 8q | +109.1%+$6.2M |
| Cambridge Investment Research Advisors, Inc. | $11.7M | 58,620 | 0.01% | 31q | +148.9%+$7.0M |
| GOLDMAN SACHS GROUP INC | $10.0M | 50,000 | 0.00% | 31q | HELD |
| OSAIC HOLDINGS, INC. | $9.9M | 49,708 | 0.01% | 26q | +9.2%+$836.1K |
| TRUIST FINANCIAL CORP | $9.7M | 48,475 | 0.01% | 27q | -1.7%-$163.4K |
| Virtu Financial LLC | $8.5M | 42,443 | 0.27% | new | NEW |
| Plotkin Financial Advisors, LLC | $8.3M | 41,711 | 3.46% | 27q | -6.6%-$590.9K |
| BANK OF AMERICA CORP /DE/ | $8.3M | 41,539 | 0.00% | 31q | HELD |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $7.2M | 35,895 | 0.00% | 17q | +70.9%+$3.0M |
| Kestra Advisory Services, LLC | $6.3M | 31,515 | 0.02% | 15q | +1.1%+$68.4K |
| Cornerstone Wealth Management, LLC | $6.2M | 31,136 | 0.27% | new | NEW |
| ENVESTNET ASSET MANAGEMENT INC | $6.1M | 30,485 | 0.00% | 9q | +23.2%+$1.1M |
| Synergy Investment Management, LLC | $5.7M | 28,487 | 1.38% | 4q | HELD |
| Wealth Management Partners, LLC | $5.0M | 24,951 | 1.17% | 12q | HELD |
| Creative Planning | $4.9M | 24,363 | 0.00% | 7q | HELD |
| WEDBUSH SECURITIES INC | $4.8M | 24,070 | 0.12% | 3q | -3.8%-$192.0K |
| Geneos Wealth Management Inc. | $4.8M | 23,767 | 0.10% | 42q | +1.6%+$75.8K |
| ROYAL BANK OF CANADA | $4.2M | 21,047 | 0.00% | 31q | -38.5%-$2.6M |
| Cetera Investment Advisers | $3.7M | 18,329 | 0.00% | 10q | +30.4%+$853.6K |
| UBS Group AG | $3.5M | 17,382 | 0.00% | 31q | -1.8%-$62.0K |
| WCG Wealth Advisors LLC | $3.0M | 15,242 | 0.07% | 5q | +11.2%+$307.4K |
| MGO ONE SEVEN LLC | $2.8M | 14,021 | 0.05% | 2q | +3.7%+$99.0K |
| Private Advisor Group, LLC | $2.7M | 13,730 | 0.01% | 31q | -3.2%-$90.8K |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors | $2.7M | 13,577 | 0.30% | 2q | HELD |
| STIFEL FINANCIAL CORP | $2.7M | 13,569 | 0.00% | 25q | +3.8%+$98.8K |
| J.W. COLE ADVISORS, INC. | $2.7M | 13,534 | 0.05% | 2q | +56.4%+$975.4K |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $2.2M | 11,048 | 0.00% | 6q | -62.7%-$3.7M |
| Stonebridge Financial Group, LLC / MO | $2.2M | 10,878 | 1.45% | 3q | +15.7%+$295.2K |
| Proactive Wealth Strategies LLC | $2.1M | 10,678 | 0.34% | 8q | HELD |
| Stonebridge Financial Planning Group, LLC | $2.1M | 10,378 | 0.66% | 27q | -1.4%-$30.0K |
| Vantus Wealth LLC | $2.0M | 9,828 | 1.05% | 2q | +18.8%+$310.6K |
| Advyzon Investment Management, LLC | $1.9M | 9,640 | 0.14% | 4q | +12.2%+$209.0K |
| 626 Financial, LLC | $1.9M | 9,464 | 0.74% | 20q | HELD |
| Fifth Third Securities, Inc. | $1.9M | 9,273 | 0.11% | 9q | -9.6%-$197.8K |
| Baird Financial Group, Inc. | $1.7M | 8,524 | 0.00% | 23q | -38.7%-$1.1M |
| Certified Advisory Corp | $1.3M | 6,704 | 0.11% | 5q | +3.4%+$44.6K |
| Nova Wealth Management, Inc. | $1.3M | 6,503 | 0.72% | 7q | -0.6%-$7.6K |
| WILLNER & HELLER, LLC | $1.3M | 6,502 | 0.81% | 12q | HELD |
| TrueWealth Advisors, LLC | $1.2M | 5,805 | 0.26% | 2q | +22.9%+$216.0K |
| Merit Financial Group, LLC | $1.2M | 5,789 | 0.01% | 2q | +72.7%+$487.2K |
| IFP Advisors, Inc | $1.1M | 5,302 | 0.02% | 39q | -17.1%-$219.0K |
| INDEPENDENT FINANCIAL GROUP, LLC | $981.8K | 4,910 | 0.02% | 12q | -1.2%-$12.2K |
| Apeiron RIA LLC | $957.5K | 4,788 | 0.25% | 19q | -1.3%-$12.6K |
| Golden State Wealth Management, LLC | $950.5K | 4,753 | 0.09% | 14q | -5.9%-$60.0K |
| MONECO ADVISORS, LLC | $893.3K | 6,139 | 0.05% | new | NEW |
| Sanctuary Advisors, LLC | $869.2K | 4,347 | 0.00% | 9q | +4.5%+$37.6K |
| MML INVESTORS SERVICES, LLC | $770.8K | 3,854 | 0.00% | 2q | +42.3%+$229.2K |
| NOMURA ASSET MANAGEMENT CO LTD | $725.9K | 3,630 | 0.00% | new | NEW |
| THOROUGHBRED FINANCIAL SERVICES, LLC | $708.0K | 3,543 | 0.03% | 4q | +162.6%+$438.4K |
| NWAM LLC | $614.8K | 3,074 | 0.03% | 8q | +9.7%+$54.6K |
| Aviance Capital Partners, LLC | $594.9K | 2,975 | 0.06% | 6q | HELD |
| OPPENHEIMER & CO INC | $569.7K | 2,849 | 0.01% | 3q | HELD |
| L. Roy Papp & Associates, LLP | $519.1K | 2,596 | 0.05% | 17q | HELD |
| Belpointe Asset Management LLC | $489.9K | 2,450 | 0.02% | 2q | +0.8%+$4.0K |
| Fortis Capital Advisors, LLC | $489.9K | 2,450 | 0.06% | 2q | +0.8%+$4.0K |
| QTR Family Wealth, LLC | $441.5K | 2,208 | 0.15% | 6q | HELD |
| HARBOUR INVESTMENTS, INC. | $407.9K | 2,040 | 0.01% | 21q | +8.9%+$33.4K |
| Global Retirement Partners, LLC | $397.2K | 1,986 | 0.01% | 14q | -15.2%-$71.0K |
| PFG Advisors | $389.6K | 1,948 | 0.02% | 7q | +3.3%+$12.6K |
| Parkway Wealth Management Group, LLC | $384.8K | 1,924 | 0.04% | 3q | HELD |
| Janney Montgomery Scott LLC | $345.0K | 1,726 | 0.00% | 8q | -10.8%-$41.6K |
| Equitable Holdings, Inc. | $342.4K | 1,712 | 0.00% | 4q | +19.2%+$55.2K |
| Gateway Wealth Partners, LLC | $334.3K | 1,672 | 0.02% | 15q | -51.3%-$352.7K |
| Clearstead Advisors, LLC | $326.6K | 1,633 | 0.00% | 9q | HELD |
| 1ST SOURCE BANK | $321.2K | 1,606 | 0.01% | 8q | HELD |
| Ameritas Advisory Services, LLC | $320.0K | 1,600 | 0.01% | new | NEW |
| IFG Advisory, LLC | $305.0K | 1,525 | 0.01% | new | NEW |
| TCFG Investment Advisors, LLC | $302.0K | 1,510 | 0.10% | 2q | HELD |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $301.9K | 1,585 | 0.00% | 10q | -1.7%-$5.3K |
| TRUEFG, LLC | $294.8K | 1,474 | 0.07% | 5q | HELD |
| Stratos Wealth Partners, LTD. | $278.6K | 1,393 | 0.00% | new | NEW |
| OneDigital Investment Advisors LLC | $271.4K | 1,357 | 0.00% | 7q | HELD |
| Farther Finance Advisors, LLC | $260.4K | 1,302 | 0.00% | 6q | HELD |
| Integrated Wealth Concepts LLC | $244.2K | 1,221 | 0.00% | new | NEW |
| ZACKS INVESTMENT MANAGEMENT | $226.6K | 1,133 | 0.00% | new | NEW |
| Western Wealth Management, LLC | $226.4K | 1,132 | 0.01% | new | NEW |
| Serenity Investment Advisors | $207.9K | 1,110 | 0.09% | 2q | +1.8%+$3.7K |
| Betterment LLC | $206.0K | 1,028 | 0.00% | new | NEW |
| Modern Wealth Management, LLC | $201.4K | 1,007 | 0.00% | new | NEW |
| Institute for Wealth Management, LLC. | $194.0K | 970 | 0.02% | new | NEW |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | $173.0K | 884 | 0.01% | 3q | HELD |
| Rockefeller Capital Management L.P. | $165.9K | 829 | 0.00% | 4q | HELD |
| Smartleaf Asset Management LLC | $148.0K | 750 | 0.00% | 11q | HELD |
| NewEdge Advisors, LLC | $96.8K | 484 | 0.00% | 15q | HELD |
| Advocate Investing Services LLC | $86.8K | 434 | 0.07% | 3q | HELD |
| Private Wealth Asset Management, LLC | $82.0K | 410 | 0.01% | new | NEW |
| US BANCORP \DE\ | $77.8K | 389 | 0.00% | 4q | HELD |
| FMR LLC | $73.9K | 370 | 0.00% | 29q | HELD |
| Cullen/Frost Bankers, Inc. | $63.4K | 317 | 0.00% | 3q | HELD |
| CREATIVE FINANCIAL DESIGNS INC /ADV | $60.8K | 304 | 0.00% | 2q | HELD |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $48.6K | 243 | 0.00% | 5q | HELD |
| THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. | $46.3K | 231 | 0.02% | 3q | HELD |
| Ameritas Investment Partners, Inc. | $40.8K | 204 | 0.00% | new | NEW |
| Allworth Financial LP | $40.0K | 200 | 0.00% | 5q | HELD |
Showing the largest 100 of 111 reported holders.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 26 | $24.8M | 136,866 | 2 | 7 | 6 | 0.0% |
| Q2 2026 | 111 | $406.1M | 2,034,581 | 17 | 35 | 20 | 0.0% |
| Q1 2026 | 99 | $261.0M | 1,642,640 | 15 | 33 | 19 | 0.0% |
| Q4 2025 | 94 | $250.8M | 1,562,095 | 11 | 30 | 22 | 0.0% |
| Q3 2025 | 83 | $228.6M | 1,425,881 | 9 | 28 | 26 | 0.0% |
| Q2 2025 | 78 | $182.7M | 1,244,570 | 12 | 24 | 18 | 0.0% |
| Q1 2025 | 72 | $122.8M | 949,477 | 5 | 24 | 15 | 0.0% |
| Q4 2024 | 73 | $109.9M | 795,756 | 8 | 20 | 24 | 0.0% |
| Q3 2024 | 66 | $115.1M | 861,277 | 8 | 19 | 19 | 0.0% |
| Q2 2024 | 60 | $109.7M | 891,039 | 7 | 17 | 18 | 0.0% |
| Q1 2024 | 59 | $118.8M | 953,427 | 6 | 16 | 20 | 0.0% |
| Q4 2023 | 57 | $98.2M | 875,119 | 1 | 19 | 25 | 0.0% |
| Q3 2023 | 59 | $88.6M | 884,802 | 7 | 9 | 23 | 0.0% |
| Q2 2023 | 53 | $97.8M | 929,383 | 3 | 13 | 22 | 0.0% |
| Q1 2023 | 53 | $87.7M | 897,728 | 4 | 12 | 21 | 0.0% |
| Q4 2022 | 55 | $85.1M | 899,467 | 12 | 15 | 15 | 0.0% |
| Q3 2022 | 45 | $4.8B | 53,738,891 | 3 | 11 | 15 | 0.0% |
| Q2 2022 | 47 | $5.0B | 54,340,408 | 4 | 15 | 19 | 0.0% |
| Q1 2022 | 55 | $6.7B | 59,584,292 | 9 | 15 | 19 | 0.0% |
| Q4 2021 | 52 | $7.5B | 59,817,323 | 1 | 13 | 23 | 0.0% |
| Q3 2021 | 49 | $7.4B | 62,238,506 | 4 | 15 | 17 | 0.0% |
| Q2 2021 | 49 | $7.5B | 63,013,111 | 2 | 15 | 18 | 0.0% |
| Q1 2021 | 50 | $6.8B | 62,561,580 | 5 | 15 | 17 | 0.0% |
| Q4 2020 | 48 | $6.7B | 64,917,249 | 6 | 11 | 14 | 0.0% |
| Q3 2020 | 43 | $3.6B | 42,087,801 | 4 | 10 | 16 | 0.0% |
| Q2 2020 | 41 | $7.2B | 92,013,325 | 3 | 10 | 17 | 0.0% |
| Q1 2020 | 46 | $5.8B | 95,159,924 | 3 | 13 | 16 | 0.0% |
| Q4 2019 | 50 | $9.5B | 123,058,493 | 4 | 10 | 16 | 0.0% |
| Q3 2019 | 46 | $1.9B | 25,367,475 | 7 | 12 | 16 | 0.0% |
| Q2 2019 | 41 | $1.9B | 25,757,403 | 5 | 12 | 12 | 0.0% |
| Q1 2019 | 45 | $1.8B | 25,397,897 | 3 | 18 | 14 | 0.0% |
| Q4 2018 | 42 | $1.5B | 24,051,279 | 1 | 1 | 2 | 0.0% |