DaveManuel.com · Institutional Ownership · Who Owns It
FIRST TR EXCHANGE-TRADED FD (FDL)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
502
Reporting holders
$4.5B
Reported value
0.0%
Calls
0.0%
Puts
-6
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 |
|---|---|---|---|---|---|
| LPL Financial LLC | $775.0M | 15,926,005 | 0.17% | 31q | +11.7%+$81.4M |
| MORGAN STANLEY | $432.8M | 8,894,688 | 0.02% | 35q | -0.5%-$2.4M |
| AMERIPRISE FINANCIAL INC | $276.5M | 5,636,574 | 0.06% | 31q | +8.0%+$20.4M |
| RAYMOND JAMES FINANCIAL INC | $247.4M | 5,083,870 | 0.07% | 7q | +1.4%+$3.5M |
| WELLS FARGO & COMPANY/MN | $157.8M | 3,243,922 | 0.03% | 31q | +3.0%+$4.6M |
| BANK OF AMERICA CORP /DE/ | $125.4M | 2,577,601 | 0.01% | 31q | +1.4%+$1.7M |
| Cambridge Investment Research Advisors, Inc. | $124.7M | 2,562,714 | 0.14% | 31q | +105.5%+$64.0M |
| Cetera Investment Advisers | $124.1M | 2,550,535 | 0.11% | 31q | +4.6%+$5.5M |
| ROYAL BANK OF CANADA | $120.4M | 2,473,676 | 0.02% | 31q | HELD |
| UBS Group AG | $120.1M | 2,468,862 | 0.02% | 9q | +3.4%+$3.9M |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $109.8M | 2,255,769 | 0.06% | 31q | +16.0%+$15.2M |
| JONES FINANCIAL COMPANIES LLLP | $85.0M | 1,713,342 | 0.03% | 11q | +20.2%+$14.3M |
| OSAIC HOLDINGS, INC. | $84.3M | 1,732,826 | 0.10% | 26q | +16.3%+$11.8M |
| Csenge Advisory Group | $84.1M | 1,728,408 | 3.41% | 24q | +10.1%+$7.7M |
| ENVESTNET ASSET MANAGEMENT INC | $74.2M | 1,524,238 | 0.02% | 31q | +7.4%+$5.1M |
| STIFEL FINANCIAL CORP | $59.1M | 1,213,621 | 0.05% | 31q | -1.8%-$1.1M |
| COMMONWEALTH EQUITY SERVICES, LLC | $48.5M | 997,443 | 0.06% | 31q | +9.0%+$4.0M |
| Rockport Wealth LLC | $47.8M | 982,928 | 8.03% | 8q | +11.0%+$4.7M |
| Private Advisor Group, LLC | $47.2M | 969,772 | 0.22% | 31q | -20.5%-$12.2M |
| TRUIST FINANCIAL CORP | $44.0M | 904,402 | 0.05% | 27q | +19.8%+$7.3M |
| Kestra Advisory Services, LLC | $35.3M | 725,028 | 0.11% | 24q | +4.1%+$1.4M |
| Janney Montgomery Scott LLC | $31.4M | 645,928 | 0.06% | 31q | -1.7%-$552.4K |
| TRUE Private Wealth Advisors | $30.5M | 627,429 | 2.63% | 15q | -15.0%-$5.4M |
| Baird Financial Group, Inc. | $28.3M | 581,274 | 0.04% | 31q | -2.1%-$608.6K |
| Southland Equity Partners LLC | $27.3M | 561,017 | 4.78% | 23q | +0.6%+$169.6K |
| STEPHENS INC /AR/ | $26.9M | 553,057 | 0.30% | 31q | +1.9%+$502.8K |
| BNP PARIBAS FINANCIAL MARKETS | $26.4M | 543,349 | 0.01% | 8q | -52.7%-$29.5M |
| BEACON FINANCIAL GROUP | $23.2M | 477,704 | 2.11% | 23q | +1.2%+$278.2K |
| &PARTNERS | $23.0M | 471,992 | 0.09% | 8q | +7.8%+$1.7M |
| D.A. DAVIDSON & CO. | $22.6M | 464,193 | 0.12% | 31q | +5.1%+$1.1M |
| HARBOUR INVESTMENTS, INC. | $22.2M | 456,188 | 0.30% | 21q | +2.5%+$540.4K |
| GOLDMAN SACHS GROUP INC | $20.9M | 430,333 | 0.00% | 17q | +3.2%+$642.9K |
| Kingsview Wealth Management, LLC | $20.6M | 422,375 | 0.25% | 15q | +7.0%+$1.3M |
| HighTower Advisors, LLC | $18.8M | 385,538 | 0.02% | 31q | -10.8%-$2.3M |
| RFG Advisory, LLC | $18.7M | 384,975 | 0.29% | 11q | +16.6%+$2.7M |
| Vestmark Advisory Solutions, Inc. | $17.7M | 364,025 | 0.17% | 17q | HELD |
| Equitable Holdings, Inc. | $16.5M | 339,897 | 0.10% | 22q | +8.2%+$1.3M |
| Steward Partners Investment Advisory, LLC | $15.3M | 314,308 | 0.08% | 29q | +4.0%+$586.2K |
| HC Advisors, LLC | $14.7M | 301,517 | 8.91% | 25q | +3.0%+$428.8K |
| MANCHESTER FINANCIAL INC | $14.4M | 295,698 | 2.56% | 16q | -6.3%-$970.7K |
| Center for Wealth Management Advisory | $14.1M | 289,599 | 8.85% | 3q | +1.8%+$252.5K |
| McAdam, LLC | $13.7M | 281,475 | 0.53% | 7q | +11.3%+$1.4M |
| Rockefeller Capital Management L.P. | $13.2M | 271,318 | 0.02% | 27q | HELD |
| Rehmann Capital Advisory Group | $13.1M | 268,982 | 0.60% | 16q | +5.7%+$708.0K |
| Summit Financial Wealth Advisors, LLC | $12.8M | 263,650 | 1.64% | 17q | +2.7%+$340.6K |
| Hobart Private Capital, LLC | $12.7M | 261,661 | 2.18% | 11q | +3.3%+$412.6K |
| JPMORGAN CHASE & CO | $12.3M | 249,536 | 0.00% | 18q | -71.8%-$31.4M |
| Next Level Private LLC | $12.2M | 251,170 | 2.39% | 15q | HELD |
| Del-Sette Capital Management, LLC | $11.9M | 245,466 | 6.97% | 5q | -14.2%-$2.0M |
| Keeler Thomas Management LLC | $11.9M | 244,574 | 4.22% | 2q | +3.7%+$422.7K |
| PERRYMAN FINANCIAL ADVISORY INC /AD | $11.5M | 236,123 | 1.53% | 3q | +1.2%+$135.5K |
| Goldstone Financial Group, LLC | $10.7M | 219,270 | 0.98% | 6q | -20.0%-$2.7M |
| Mariner, LLC | $10.5M | 216,768 | 0.01% | 31q | -16.8%-$2.1M |
| FIRST TRUST ADVISORS LP | $9.9M | 204,448 | 0.01% | 22q | +2.0%+$192.4K |
| Key Client Fiduciary Advisors, LLC | $9.8M | 201,438 | 2.83% | 19q | +10.3%+$916.7K |
| Arax Advisory Partners | $9.4M | 192,847 | 0.06% | 7q | +21.7%+$1.7M |
| MML INVESTORS SERVICES, LLC | $9.4M | 192,482 | 0.02% | 31q | +60.1%+$3.5M |
| J.W. COLE ADVISORS, INC. | $8.8M | 180,846 | 0.15% | new | NEW |
| Allworth Financial LP | $8.7M | 179,430 | 0.04% | 31q | +1.7%+$144.7K |
| Compass Financial Services Inc | $8.4M | 173,592 | 3.16% | 7q | +5.0%+$404.6K |
| COZAD ASSET MANAGEMENT INC | $8.3M | 171,576 | 0.54% | 25q | +6.1%+$478.3K |
| Mach-1 Financial Group, LLC | $8.2M | 169,188 | 3.19% | 3q | -9.6%-$873.6K |
| Randall & Associates Wealth Management | $8.0M | 163,745 | 4.93% | 11q | -5.3%-$444.6K |
| BlueChip Wealth Advisors LLC | $7.9M | 163,113 | 3.01% | 11q | -3.9%-$320.9K |
| Leelyn Smith, LLC | $7.9M | 162,596 | 0.96% | 27q | +1.1%+$88.6K |
| JFS WEALTH ADVISORS, LLC | $7.7M | 158,678 | 0.38% | 31q | HELD |
| Proactive Wealth Strategies LLC | $7.6M | 157,158 | 1.23% | 8q | +0.6%+$43.9K |
| Prosperity Consulting Group, LLC | $7.4M | 152,997 | 0.28% | 8q | +4.9%+$345.7K |
| Investors Research Corp | $7.4M | 151,969 | 1.32% | 24q | -52.7%-$8.2M |
| Avior Wealth Management, LLC | $7.2M | 148,852 | 0.19% | 20q | HELD |
| Farther Finance Advisors, LLC | $6.9M | 141,542 | 0.05% | 15q | -6.5%-$475.4K |
| Sigma Planning Corp | $6.7M | 138,389 | 0.17% | 31q | +42.7%+$2.0M |
| INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC | $6.7M | 137,125 | 0.40% | 26q | HELD |
| Harvest Investment Services, LLC | $6.6M | 136,135 | 1.02% | 31q | +3.9%+$247.7K |
| VestGen Advisors, LLC | $6.4M | 131,294 | 0.19% | 6q | +50.6%+$2.1M |
| Milestones Private Investment Advisors LLC | $6.4M | 131,010 | 5.08% | 5q | +75.6%+$2.7M |
| Independent Advisor Alliance | $6.4M | 130,595 | 0.15% | 14q | -69.3%-$14.3M |
| Qube Research & Technologies Ltd | $6.2M | 128,242 | 0.01% | 8q | +98.2%+$3.1M |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | $6.2M | 125,203 | 0.01% | 12q | +1.4%+$87.5K |
| NewEdge Advisors, LLC | $6.2M | 127,637 | 0.02% | 31q | +1.6%+$98.0K |
| CFS Investment Advisory Services, LLC | $6.1M | 123,207 | 0.41% | 8q | -2.6%-$164.5K |
| Oxford Wealth Group, LLC | $6.0M | 124,182 | 2.70% | 2q | +35.7%+$1.6M |
| Creative Planning | $6.0M | 123,636 | 0.00% | 25q | -10.5%-$708.7K |
| Fairvoy Private Wealth, LLC | $6.0M | 123,197 | 1.21% | 2q | +32.7%+$1.5M |
| HFG Advisors, Inc. | $6.0M | 123,145 | 3.74% | 19q | +0.7%+$43.4K |
| GENESIS PRIVATE WEALTH, LLC | $5.9M | 121,926 | 1.67% | 7q | +4.0%+$226.1K |
| Stratos Wealth Partners, LTD. | $5.9M | 121,152 | 0.06% | 31q | +28.1%+$1.3M |
| Integrated Wealth Concepts LLC | $5.8M | 118,984 | 0.04% | 21q | -7.9%-$497.7K |
| Snowden Capital Advisors LLC | $5.8M | 118,979 | 0.14% | 41q | -0.9%-$50.4K |
| Maia Wealth LLC | $5.7M | 118,158 | 0.85% | 8q | +23.1%+$1.1M |
| Concurrent Investment Advisors, LLC | $5.6M | 115,717 | 0.05% | 11q | HELD |
| Hidden Cove Wealth Management, LLC | $5.6M | 115,430 | 3.09% | 5q | -10.1%-$634.2K |
| One Capital Management, LLC | $5.6M | 109,559 | 0.15% | 2q | HELD |
| Arkadios Wealth Advisors | $5.4M | 111,759 | 0.08% | 27q | +19.4%+$882.2K |
| Prospera Financial Services Inc | $5.4M | 111,366 | 0.08% | 29q | -54.8%-$6.6M |
| Bluespring Wealth Management, LLC | $5.1M | 104,257 | 0.10% | 31q | +49.3%+$1.7M |
| WEDBUSH SECURITIES INC | $5.1M | 103,960 | 0.13% | 31q | -14.0%-$821.9K |
| Asset One Wealth Management LLC | $5.0M | 99,766 | 0.53% | 3q | +29.2%+$1.1M |
| IHT Wealth Management, LLC | $5.0M | 101,832 | 0.11% | 14q | +7.3%+$336.9K |
| Turning Point Benefit Group, Inc. | $4.9M | 100,897 | 2.12% | 7q | +217.7%+$3.4M |
Showing the largest 100 of 503 reported holders. The count of 502 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
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 | 187 | $490.2M | 9,942,963 | 17 | 68 | 49 | 0.0% |
| Q2 2026 | 502 | $4.5B | 92,243,787 | 35 | 196 | 139 | 0.0% |
| Q1 2026 | 508 | $4.5B | 88,907,271 | 71 | 183 | 142 | 0.0% |
| Q4 2025 | 469 | $3.7B | 83,936,161 | 42 | 161 | 143 | 0.0% |
| Q3 2025 | 440 | $3.5B | 81,843,085 | 34 | 165 | 125 | 0.0% |
| Q2 2025 | 446 | $3.4B | 80,052,393 | 44 | 185 | 119 | 0.0% |
| Q1 2025 | 437 | $3.2B | 74,337,491 | 59 | 155 | 121 | 0.0% |
| Q4 2024 | 408 | $2.6B | 63,767,333 | 30 | 144 | 104 | 0.0% |
| Q3 2024 | 372 | $2.6B | 65,054,028 | 37 | 116 | 129 | 0.0% |
| Q2 2024 | 355 | $2.2B | 57,367,719 | 30 | 89 | 145 | 0.0% |
| Q1 2024 | 365 | $2.9B | 74,276,827 | 32 | 102 | 144 | 0.0% |
| Q4 2023 | 365 | $2.6B | 71,370,624 | 30 | 76 | 162 | 0.0% |
| Q3 2023 | 350 | $2.4B | 71,747,331 | 26 | 82 | 156 | 0.0% |
| Q2 2023 | 349 | $2.6B | 77,793,165 | 26 | 114 | 138 | 0.0% |
| Q1 2023 | 359 | $3.1B | 87,987,688 | 36 | 156 | 88 | 0.0% |
| Q4 2022 | 357 | $3.4B | 92,389,513 | 78 | 147 | 63 | 0.0% |
| Q3 2022 | 289 | $30.2B | 939,387,394 | 41 | 134 | 48 | 0.0% |
| Q2 2022 | 284 | $26.6B | 754,424,729 | 62 | 111 | 47 | 0.0% |
| Q1 2022 | 237 | $20.0B | 533,545,223 | 28 | 76 | 58 | 0.0% |
| Q4 2021 | 216 | $16.5B | 463,478,041 | 13 | 58 | 64 | 0.0% |
| Q3 2021 | 206 | $15.6B | 474,934,303 | 15 | 70 | 55 | 0.0% |
| Q2 2021 | 206 | $14.2B | 427,084,029 | 19 | 75 | 61 | 0.0% |
| Q1 2021 | 198 | $10.8B | 329,764,023 | 29 | 64 | 52 | 0.0% |
| Q4 2020 | 186 | $8.1B | 272,653,713 | 16 | 47 | 75 | 0.0% |
| Q3 2020 | 168 | $2.1B | 80,644,777 | 9 | 43 | 64 | 0.0% |
| Q2 2020 | 173 | $1.5B | 59,927,826 | 22 | 37 | 74 | 0.0% |
| Q1 2020 | 171 | $1.4B | 62,935,575 | 14 | 52 | 74 | 0.0% |
| Q4 2019 | 208 | $1.6B | 48,234,139 | 16 | 80 | 35 | 0.0% |
| Q3 2019 | 173 | $1.4B | 43,884,203 | 13 | 67 | 53 | 0.0% |
| Q2 2019 | 167 | $1.3B | 43,858,135 | 15 | 63 | 47 | 0.0% |
| Q1 2019 | 171 | $1.3B | 41,553,962 | 18 | 65 | 43 | 0.0% |
| Q4 2018 | 165 | $1.1B | 40,263,210 | 2 | 6 | 4 | 0.0% |