DaveManuel.com · Institutional Ownership · Who Owns It
FIRST TR SR FLTG RATE INCOME (FCT)
Institutional ownership reported to the SEC as of Q2 2026, across 31 quarters.
88
Reporting holders
$85.8M
Reported value
0.0%
Calls
0.0%
Puts
+2
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 | $11.4M | 1,183,843 | 0.00% | 35q | -4.9%-$589.7K |
| Penserra Capital Management LLC | $7.1M | 736,401 | 0.05% | 8q | +4.0%+$271.2K |
| Advisors Asset Management, Inc. | $5.6M | 582,569 | 0.09% | 17q | -16.0%-$1.1M |
| Invesco Ltd. | $5.3M | 548,313 | 0.00% | 31q | -2.9%-$156.8K |
| Edgemoor Investment Advisors, Inc. | $4.7M | 481,824 | 0.32% | 31q | -1.2%-$55.7K |
| BANK OF AMERICA CORP /DE/ | $4.6M | 473,244 | 0.00% | 31q | -8.2%-$405.6K |
| Almitas Capital LLC | $4.5M | 466,072 | 1.08% | 3q | +21.7%+$803.8K |
| RAYMOND JAMES FINANCIAL INC | $3.9M | 407,522 | 0.00% | 7q | -2.6%-$107.1K |
| LPL Financial LLC | $3.2M | 326,115 | 0.00% | 23q | -18.9%-$733.6K |
| AMERIPRISE FINANCIAL INC | $2.9M | 299,197 | 0.00% | 31q | -0.8%-$24.4K |
| SIT INVESTMENT ASSOCIATES INC | $2.7M | 276,336 | 0.05% | 15q | +221.6%+$1.8M |
| D.A. DAVIDSON & CO. | $2.5M | 258,137 | 0.01% | 20q | +2.3%+$56.4K |
| UBS Group AG | $2.0M | 210,558 | 0.00% | 31q | -7.3%-$160.9K |
| Focus Partners Wealth | $1.6M | 162,321 | 0.00% | 3q | -25.4%-$533.8K |
| Logan Stone Capital, LLC | $1.6M | 161,408 | 0.33% | 3q | +5.0%+$74.4K |
| GUGGENHEIM CAPITAL LLC | $1.4M | 145,694 | 0.01% | 31q | -27.9%-$544.4K |
| STIFEL FINANCIAL CORP | $1.4M | 143,019 | 0.00% | 31q | +5.2%+$68.4K |
| WELLS FARGO & COMPANY/MN | $1.2M | 123,704 | 0.00% | 31q | -7.1%-$91.6K |
| HOURGLASS CAPITAL, LLC | $1.1M | 111,800 | 0.21% | 2q | -1.8%-$19.3K |
| Balyasny Asset Management L.P. | $1.1M | 111,522 | 0.00% | 3q | HELD |
| CSS LLC/IL | $1.0M | 106,858 | 0.04% | 3q | +507.0%+$862.2K |
| ROYAL BANK OF CANADA | $965.0K | 99,957 | 0.00% | 31q | -3.7%-$36.8K |
| Cetera Investment Advisers | $705.2K | 73,003 | 0.00% | 15q | +11.2%+$70.9K |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | $693.7K | 72,261 | 0.04% | 3q | +36.2%+$184.5K |
| Beverly Hills Private Wealth, LLC | $688.0K | 71,217 | 0.13% | new | NEW |
| Verity Asset Management, Inc. | $664.9K | 68,826 | 0.25% | 6q | -1.0%-$6.9K |
| Janney Montgomery Scott LLC | $650.0K | 67,298 | 0.00% | 4q | +0.5%+$3.4K |
| ABSOLUTE INVESTMENT ADVISERS, LLC | $638.4K | 66,089 | 0.06% | new | NEW |
| 1607 Capital Partners, LLC | $636.5K | 65,892 | 0.06% | 15q | -30.5%-$279.4K |
| Cambridge Investment Research Advisors, Inc. | $628.0K | 64,991 | 0.00% | 25q | +14.4%+$78.8K |
| SHUFRO ROSE & CO LLC | $601.8K | 62,300 | 0.03% | 31q | -13.8%-$96.6K |
| OSAIC HOLDINGS, INC. | $548.0K | 56,724 | 0.00% | 26q | -0.6%-$3.4K |
| COMMONWEALTH EQUITY SERVICES, LLC | $509.2K | 52,717 | 0.00% | 27q | +9.1%+$42.6K |
| Yakira Capital Management, Inc. | $471.2K | 48,783 | 0.13% | 3q | HELD |
| Rockefeller Capital Management L.P. | $462.5K | 47,881 | 0.00% | 30q | HELD |
| Everstar Asset Management, LLC | $391.7K | 40,545 | 0.19% | 8q | HELD |
| Virtus Investment Advisers, LLC | $390.7K | 40,444 | 0.09% | 6q | -21.5%-$107.2K |
| Genesis Financial Group, LLC | $387.0K | 40,057 | 0.25% | 3q | -7.1%-$29.5K |
| READYSTATE ASSET MANAGEMENT LP | $375.2K | 38,844 | 0.01% | new | NEW |
| Geneos Wealth Management Inc. | $334.2K | 34,596 | 0.01% | 42q | +0.9%+$2.9K |
| Quarry LP | $263.8K | 27,306 | 0.02% | new | NEW |
| Strategic Financial Concepts, LLC | $253.1K | 26,200 | 0.08% | 2q | -0.8%-$1.9K |
| RFG Advisory, LLC | $232.4K | 24,055 | 0.00% | 10q | +3.7%+$8.3K |
| Apriem Advisors | $227.0K | 23,500 | 0.02% | 28q | +11.9%+$24.1K |
| Prospera Financial Services Inc | $225.5K | 23,343 | 0.00% | new | NEW |
| Ethos Financial Group, LLC | $220.0K | 22,775 | 0.01% | 4q | +6.2%+$12.8K |
| UHLMANN PRICE SECURITIES, LLC | $201.4K | 20,852 | 0.01% | 8q | +3.0%+$5.9K |
| SeaCrest Wealth Management, LLC | $187.1K | 19,367 | 0.02% | 11q | +6.5%+$11.4K |
| Kestra Advisory Services, LLC | $179.5K | 18,586 | 0.00% | 24q | +2.8%+$4.9K |
| WESCAP Management Group, Inc. | $175.0K | 18,111 | 0.03% | 26q | HELD |
| Sunpointe, LLC | $171.0K | 17,697 | 0.05% | 5q | HELD |
| KINGSWOOD WEALTH ADVISORS, LLC | $165.2K | 17,097 | 0.01% | 11q | HELD |
| Advisory Solutions Group, LLC | $157.8K | 16,340 | 0.05% | new | FIRST |
| MAI Capital Management | $151.1K | 15,645 | 0.00% | 7q | +479.4%+$125.1K |
| NWF Advisory Services Inc. | $150.1K | 15,537 | 0.01% | 6q | HELD |
| Moss Adams Wealth Advisors LLC | $146.5K | 15,161 | 0.01% | 7q | HELD |
| Virtu Financial LLC | $135.0K | 13,983 | 0.00% | new | NEW |
| XTX Topco Ltd | $131.4K | 13,606 | 0.00% | new | NEW |
| Concurrent Investment Advisors, LLC | $124.1K | 12,850 | 0.00% | 11q | +5.3%+$6.3K |
| Helium Advisors LLC | $123.0K | 12,737 | 0.10% | 7q | +2.7%+$3.2K |
| Advisory Advocates, LLC | $121.7K | 12,600 | 0.10% | 3q | HELD |
| Alteri Wealth LLC | $100.2K | 10,370 | 0.03% | 4q | HELD |
| Global Retirement Partners, LLC | $88.7K | 9,182 | 0.00% | 16q | -7.8%-$7.5K |
| Cullen/Frost Bankers, Inc. | $77.3K | 8,000 | 0.00% | 13q | HELD |
| Quantum Portfolio Management LLC | $45.2K | 4,679 | 0.02% | new | NEW |
| LANARK FINANCIAL, INC. | $38.7K | 4,005 | 0.00% | 12q | HELD |
| CoreCap Advisors, LLC | $33.2K | 3,441 | 0.00% | 10q | +97.6%+$16.4K |
| Clearstead Advisors, LLC | $27.8K | 2,875 | 0.00% | new | NEW |
| CX Institutional | $26.0K | 2,738 | 0.00% | 4q | -88.6%-$201.1K |
| Steward Partners Investment Advisory, LLC | $24.0K | 2,482 | 0.00% | 5q | HELD |
| Axiom Investment Management LLC | $21.3K | 2,210 | 0.01% | 2q | HELD |
| Pinnacle Wealth Planning Services, Inc. | $18.3K | 1,893 | 0.00% | 3q | HELD |
| TD Waterhouse Canada Inc. | $13.4K | 1,400 | 0.00% | 7q | HELD |
| WHITTIER TRUST CO | $13.0K | 1,358 | 0.00% | 14q | HELD |
| IFP Advisors, Inc | $11.6K | 1,200 | 0.00% | 7q | HELD |
| HARBOUR INVESTMENTS, INC. | $11.3K | 1,169 | 0.00% | 2q | HELD |
| Princeton Global Asset Management LLC | $8.7K | 900 | 0.00% | 5q | HELD |
| WPG Advisers, LLC | $8.1K | 839 | 0.00% | 7q | HELD |
| HIGHLINE WEALTH PARTNERS LLC | $7.7K | 800 | 0.00% | 4q | HELD |
| FIFTH THIRD BANCORP | $6.5K | 677 | 0.00% | 2q | +78.6%+$2.9K |
| BNP PARIBAS FINANCIAL MARKETS | $6.0K | 617 | 0.00% | 4q | -32.0%-$2.8K |
| Arax Advisory Partners | $4.0K | 418 | 0.00% | new | NEW |
| CoreFirst Bank & Trust | $3.0K | 312 | 0.00% | 5q | HELD |
| WHITTIER TRUST CO OF NEVADA INC | $2.9K | 306 | 0.00% | 2q | HELD |
| Salomon & Ludwin, LLC | $1.1K | 112 | 0.00% | 5q | HELD |
| Farther Finance Advisors, LLC | $638 | 66 | 0.00% | 6q | -43.1% |
| HUNTINGTON NATIONAL BANK | $10 | 1 | 0.00% | 15q | HELD |
| BlackRock, Inc. | $8 | 1 | 0.00% | 2q | -99.7%-$2.4K |
Tender offers and delisting
Schedules TO, 13E-3 and 14D-9 and Form 25 filed in the last 180 days. Price a share is read from the filing itself where it states one plainly; a marker means we found no figure we could stand behind, and the reason is on it.
| Filed | What | Filed by | Price a share | Source |
|---|---|---|---|---|
| 2026-08-10 | Delisting notice from the exchange | NEW YORK STOCK EXCHANGE LLC | - | filing |
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 |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 88 | $85.8M | 8,878,281 | 10 | 24 | 26 | 0.0% |
| Q1 2026 | 86 | $85.8M | 8,903,044 | 11 | 19 | 29 | 0.0% |
| Q4 2025 | 89 | $96.4M | 9,575,197 | 16 | 19 | 29 | 0.0% |
| Q3 2025 | 80 | $98.3M | 9,827,051 | 10 | 29 | 19 | 0.0% |
| Q2 2025 | 79 | $105.1M | 10,347,071 | 10 | 28 | 22 | 0.0% |
| Q1 2025 | 77 | $106.1M | 10,462,315 | 11 | 25 | 24 | 0.0% |
| Q4 2024 | 74 | $114.7M | 11,081,302 | 7 | 34 | 15 | 0.0% |
| Q3 2024 | 68 | $108.9M | 10,519,087 | 7 | 25 | 18 | 0.0% |
| Q2 2024 | 73 | $123.8M | 10,006,963 | 6 | 25 | 20 | 0.0% |
| Q1 2024 | 75 | $166.0M | 16,059,692 | 9 | 25 | 18 | 0.0% |
| Q4 2023 | 77 | $134.4M | 13,321,106 | 11 | 16 | 24 | 0.0% |
| Q3 2023 | 68 | $108.0M | 10,797,342 | 5 | 17 | 21 | 0.0% |
| Q2 2023 | 75 | $107.2M | 10,824,663 | 9 | 12 | 25 | 0.0% |
| Q1 2023 | 81 | $111.7M | 11,193,161 | 15 | 21 | 24 | 0.0% |
| Q4 2022 | 82 | $99.4M | 10,419,553 | 23 | 22 | 21 | 0.0% |
| Q3 2022 | 65 | $359.3M | 35,956,843 | 5 | 19 | 24 | 0.0% |
| Q2 2022 | 70 | $613.8M | 61,436,870 | 12 | 19 | 19 | 0.0% |
| Q1 2022 | 62 | $545.8M | 43,424,320 | 8 | 23 | 14 | 0.0% |
| Q4 2021 | 70 | $499.1M | 41,387,051 | 11 | 27 | 13 | 0.0% |
| Q3 2021 | 64 | $492.5M | 40,239,768 | 7 | 25 | 13 | 0.0% |
| Q2 2021 | 59 | $103.0M | 8,112,694 | 4 | 21 | 15 | 0.0% |
| Q1 2021 | 62 | $105.2M | 8,581,630 | 4 | 22 | 18 | 0.0% |
| Q4 2020 | 67 | $119.3M | 10,306,147 | 11 | 12 | 22 | 0.0% |
| Q3 2020 | 65 | $121.1M | 11,019,751 | 6 | 14 | 24 | 0.0% |
| Q2 2020 | 63 | $132.0M | 12,108,099 | 6 | 20 | 19 | 0.0% |
| Q1 2020 | 68 | $113.0M | 11,860,835 | 14 | 20 | 23 | 0.0% |
| Q4 2019 | 65 | $149.5M | 11,880,445 | 8 | 24 | 19 | 0.0% |
| Q3 2019 | 65 | $148.9M | 12,404,823 | 8 | 18 | 19 | 0.0% |
| Q2 2019 | 62 | $144.4M | 11,986,638 | 6 | 15 | 19 | 0.0% |
| Q1 2019 | 60 | $134.8M | 11,363,410 | 7 | 20 | 18 | 0.0% |
| Q4 2018 | 63 | $119.9M | 10,700,701 | 0 | 0 | 3 | 0.0% |