DaveManuel.com · Institutional Ownership · Who Owns It
FIRST TR EXCHANGE-TRADED FD (FDN)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
591
Reporting holders
$2.5B
Reported value
1.0%
Calls
1.3%
Puts
+32
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 | $287.6M | 1,086,334 | 0.02% | 35q | HELD |
| LPL Financial LLC | $188.4M incl. $1.7M options PUT | 705,057 | 0.04% | 31q | -3.4%-$6.7M |
| WELLS FARGO & COMPANY/MN | $179.2M | 676,770 | 0.03% | 31q | -5.2%-$9.9M |
| BANK OF AMERICA CORP /DE/ | $173.8M | 656,654 | 0.01% | 31q | HELD |
| UBS Group AG | $149.4M | 564,479 | 0.02% | 31q | +44.4%+$45.9M |
| RAYMOND JAMES FINANCIAL INC | $104.1M | 393,245 | 0.03% | 7q | -1.4%-$1.5M |
| ROYAL BANK OF CANADA | $97.1M | 366,618 | 0.01% | 31q | +25.0%+$19.4M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $48.5M incl. $35.2M options CALL+PUT | 50,232 | 0.00% | 31q | -23.5%-$14.9M |
| Cambridge Investment Research Advisors, Inc. | $41.2M | 155,754 | 0.05% | 31q | +89.3%+$19.4M |
| ENVESTNET ASSET MANAGEMENT INC | $39.1M | 147,526 | 0.01% | 31q | -2.9%-$1.2M |
| Corient Private Wealth LP | $38.5M | 145,505 | 0.05% | 15q | -2.6%-$1.0M |
| OSAIC HOLDINGS, INC. | $34.5M | 130,180 | 0.04% | 26q | -2.5%-$892.4K |
| TRUIST FINANCIAL CORP | $34.4M | 130,043 | 0.04% | 27q | -3.6%-$1.3M |
| CITADEL ADVISORS LLC | $33.6M incl. $16.2M options CALL+PUT | 65,747 | 0.00% | 31q | +1216.5%+$31.1M |
| AMERIPRISE FINANCIAL INC | $32.2M | 121,670 | 0.01% | 31q | -7.0%-$2.4M |
| STIFEL FINANCIAL CORP | $29.5M | 111,404 | 0.02% | 31q | -3.3%-$1.0M |
| COMMONWEALTH EQUITY SERVICES, LLC | $28.9M | 109,056 | 0.04% | 31q | +1.4%+$394.7K |
| HighTower Advisors, LLC | $26.3M | 99,174 | 0.03% | 9q | -4.2%-$1.1M |
| Fisher Asset Management, LLC | $26.2M | 98,784 | 0.01% | 23q | -4.3%-$1.2M |
| Janney Montgomery Scott LLC | $23.1M | 87,418 | 0.04% | 13q | -1.3%-$312.4K |
| EARNED WEALTH ADVISORS, LLC | $23.1M | 87,118 | 1.49% | 3q | -2.4%-$565.4K |
| Cetera Investment Advisers | $21.6M | 81,775 | 0.02% | 6q | -0.8%-$165.2K |
| TWO SIGMA INVESTMENTS, LP | $20.1M | 75,980 | 0.01% | new | NEW |
| WCG Wealth Advisors LLC | $19.8M | 74,915 | 0.47% | 12q | +8.2%+$1.5M |
| Warner Group LLC | $19.7M | 74,248 | 4.84% | 4q | +110.0%+$10.3M |
| GOLDMAN SACHS GROUP INC | $17.2M | 65,148 | 0.00% | 31q | -32.9%-$8.5M |
| Sequoia Financial Advisors, LLC | $16.6M | 62,711 | 0.08% | 31q | -3.4%-$592.4K |
| ASSETMARK, INC | $16.4M | 62,081 | 0.03% | 31q | +4.1%+$647.2K |
| Tamar Securities, LLC | $15.7M | 59,144 | 1.46% | 22q | -20.5%-$4.0M |
| Jump Financial, LLC | $15.1M | 57,140 | 0.12% | 2q | +2354.5%+$14.5M |
| CAPTRUST FINANCIAL ADVISORS | $14.5M | 54,809 | 0.02% | 31q | -4.2%-$632.7K |
| JPMORGAN CHASE & CO | $14.3M | 54,075 | 0.00% | 31q | -12.0%-$1.9M |
| Baird Financial Group, Inc. | $13.3M | 50,196 | 0.02% | 31q | -10.1%-$1.5M |
| JONES FINANCIAL COMPANIES LLLP | $12.6M | 48,667 | 0.01% | 11q | +5.4%+$643.5K |
| BENJAMIN EDWARDS INC | $12.2M | 46,257 | 0.11% | 29q | -26.3%-$4.4M |
| CITIGROUP INC | $11.8M | 44,672 | 0.00% | 31q | -96.1%-$294.8M |
| Beaumont Financial Advisors, LLC | $11.5M | 43,410 | 0.73% | 15q | -1.7%-$196.4K |
| Rockefeller Capital Management L.P. | $11.5M | 43,325 | 0.02% | 30q | -5.9%-$719.2K |
| CITIZENS FINANCIAL GROUP INC/RI | $10.8M | 40,781 | 0.13% | 9q | -7.0%-$811.6K |
| DAYMARK WEALTH PARTNERS, LLC | $9.9M | 37,578 | 0.24% | 15q | HELD |
| Strategic Wealth Partners, Ltd. | $9.2M | 34,787 | 0.57% | new | NEW |
| Wealth Management Partners, LLC | $8.4M | 31,647 | 1.97% | 23q | -1.1%-$89.5K |
| Southland Equity Partners LLC | $8.3M | 31,421 | 1.46% | 23q | HELD |
| PEAPACK GLADSTONE FINANCIAL CORP | $8.0M | 30,345 | 0.09% | 13q | -4.4%-$370.3K |
| SeaCrest Wealth Management, LLC | $8.0M | 30,334 | 0.89% | 31q | -3.9%-$325.9K |
| PINNACLE ASSOCIATES LTD | $7.4M | 28,088 | 0.08% | 31q | -7.4%-$592.7K |
| Pacific Sun Financial Corp | $7.4M | 28,083 | 3.07% | 25q | -2.0%-$150.9K |
| Kestra Advisory Services, LLC | $7.4M | 27,881 | 0.02% | 24q | -34.8%-$3.9M |
| Equitable Holdings, Inc. | $7.1M | 26,719 | 0.04% | 27q | +0.9%+$65.4K |
| Steward Partners Investment Advisory, LLC | $7.0M | 26,449 | 0.04% | 29q | +1.5%+$101.4K |
| Waverly Advisors, LLC | $6.7M | 25,293 | 0.04% | 10q | +28.9%+$1.5M |
| NORDEN GROUP LLC | $6.7M | 25,185 | 0.55% | new | NEW |
| MML INVESTORS SERVICES, LLC | $6.6M | 25,020 | 0.01% | 13q | +2.9%+$188.5K |
| Private Advisor Group, LLC | $6.5M | 24,654 | 0.03% | 29q | -3.6%-$244.6K |
| Proactive Wealth Strategies LLC | $6.5M | 24,640 | 1.05% | 8q | -0.6%-$41.3K |
| Regal Investment Advisors LLC | $6.4M | 24,265 | 0.33% | 21q | -4.7%-$316.3K |
| Creative Planning | $6.4M | 24,216 | 0.00% | 18q | -5.0%-$335.4K |
| MONEY CONCEPTS CAPITAL CORP | $6.4M | 24,153 | 0.30% | new | NEW |
| Arkadios Wealth Advisors | $6.2M | 23,585 | 0.09% | 25q | -25.5%-$2.1M |
| NTV Asset Management LLC | $6.2M | 23,476 | 0.61% | 31q | -5.6%-$365.8K |
| Somerset Trust Co | $6.0M | 22,645 | 1.70% | 31q | -0.6%-$37.6K |
| Plus Group Wealth Advisors LLC | $5.9M | 22,379 | 5.57% | 3q | -1.0%-$57.7K |
| VAQUERO PRIVATE WEALTH, LTD | $5.7M | 21,514 | 1.17% | new | FIRST |
| FIRST TRUST ADVISORS LP | $5.6M | 21,320 | 0.00% | 31q | -1.1%-$63.2K |
| GTS SECURITIES LLC | $5.4M | 20,276 | 0.11% | new | NEW |
| MeadowBrook Investment Advisors LLC | $5.3M | 19,874 | 4.17% | 11q | -1.7%-$92.7K |
| Point72 Asset Management, L.P. | $5.3M incl. $5.0M options CALL+PUT | 850 | 0.01% | 3q | HELD |
| World Investment Advisors | $5.2M | 22,096 | 0.09% | 8q | -1.7%-$88.2K |
| STEPHENS INC /AR/ | $4.9M | 18,424 | 0.05% | 31q | -2.2%-$110.7K |
| JANE STREET GROUP, LLC | $4.7M incl. $1.5M options CALL+PUT | 12,129 | 0.00% | 10q | HELD |
| Pinnacle Wealth Management Advisory Group, LLC | $4.6M | 17,420 | 0.27% | 31q | -5.3%-$260.5K |
| Paragon Private Wealth Management, LLC | $4.6M | 17,414 | 1.20% | 19q | -5.6%-$275.8K |
| KESTRA PRIVATE WEALTH SERVICES, LLC | $4.6M | 17,407 | 0.05% | 24q | -43.4%-$3.5M |
| Pathstone Holdings, LLC | $4.6M | 17,364 | 0.01% | 6q | -1.8%-$86.3K |
| Beacon Pointe Advisors, LLC | $4.6M | 17,309 | 0.02% | 31q | +105.4%+$2.4M |
| NewEdge Advisors, LLC | $4.3M | 16,404 | 0.01% | 22q | -17.5%-$923.1K |
| Holistic Financial Partners | $4.3M | 16,325 | 2.64% | 7q | -43.6%-$3.3M |
| Vestmark Advisory Solutions, Inc. | $4.2M | 15,949 | 0.04% | 6q | HELD |
| Prospera Financial Services Inc | $4.1M | 15,655 | 0.06% | 31q | -3.5%-$149.0K |
| FLOW TRADERS U.S. LLC | $4.1M | 15,603 | 0.17% | 13q | -60.1%-$6.2M |
| Plotkin Financial Advisors, LLC | $4.1M | 15,320 | 1.68% | 27q | -4.6%-$195.6K |
| PNC Financial Services Group, Inc. | $3.7M | 14,070 | 0.00% | 31q | -4.0%-$156.4K |
| EP Wealth Advisors, LLC | $3.5M | 13,084 | 0.01% | 10q | -1.4%-$50.8K |
| SFI Advisors, LLC | $3.4M | 12,950 | 2.96% | 17q | -0.7%-$22.8K |
| FMR LLC | $3.4M | 12,728 | 0.00% | 31q | +3.2%+$103.5K |
| Gateway Wealth Partners, LLC | $3.4M | 12,679 | 0.20% | 15q | -42.6%-$2.5M |
| Modern Wealth Management, LLC | $3.2M | 12,246 | 0.04% | 7q | +149.3%+$1.9M |
| TOTH FINANCIAL ADVISORY CORP | $3.2M | 12,171 | 0.31% | 31q | +2.9%+$89.5K |
| IFG Advisory, LLC | $3.2M | 12,104 | 0.11% | 31q | +20073.3%+$3.2M |
| RFG Advisory, LLC | $3.2M | 12,063 | 0.05% | 11q | +74.7%+$1.4M |
| Integrated Wealth Concepts LLC | $3.2M | 12,007 | 0.02% | 25q | +44.4%+$977.8K |
| Kingsview Wealth Management, LLC | $3.1M | 11,618 | 0.04% | 34q | +11.8%+$325.3K |
| Somerset Group LLC | $3.0M | 11,040 | 2.14% | 31q | +1.4%+$42.5K |
| AE Wealth Management LLC | $3.0M | 11,423 | 0.01% | 31q | -10.2%-$342.0K |
| Tower Research Capital LLC (TRC) | $2.9M | 11,090 | 0.07% | 2q | +221700.0%+$2.9M |
| IFP Advisors, Inc | $2.9M | 10,877 | 0.05% | 39q | -2.3%-$67.2K |
| WealthBridge Capital Management, LLC | $2.8M | 10,705 | 0.56% | 31q | -18.7%-$653.9K |
| Novak & Powell Financial Services, Inc. | $2.8M | 10,546 | 1.32% | 11q | -1.3%-$35.7K |
| Concurrent Investment Advisors, LLC | $2.8M | 10,526 | 0.02% | 11q | -4.8%-$141.6K |
| TWIN PEAKS WEALTH ADVISORS, LLC | $2.8M | 10,463 | 0.63% | 11q | -7.6%-$228.2K |
Showing the largest 100 of 592 reported holders. The count of 591 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 | 226 | $251.2M | 870,989 | 21 | 26 | 77 | 0.0% |
| Q2 2026 | 591 | $2.5B | 9,225,037 | 69 | 105 | 193 | 2.4% |
| Q1 2026 | 559 | $2.5B | 10,529,113 | 45 | 105 | 205 | 1.2% |
| Q4 2025 | 607 | $3.7B | 13,704,120 | 56 | 116 | 196 | 0.8% |
| Q3 2025 | 572 | $4.4B | 15,754,539 | 31 | 132 | 183 | 0.4% |
| Q2 2025 | 591 | $4.3B | 15,718,383 | 78 | 123 | 207 | 0.6% |
| Q1 2025 | 560 | $3.5B | 15,563,351 | 48 | 105 | 230 | 1.3% |
| Q4 2024 | 586 | $4.0B | 16,177,369 | 63 | 123 | 198 | 1.0% |
| Q3 2024 | 507 | $3.3B | 15,202,232 | 34 | 107 | 178 | 1.1% |
| Q2 2024 | 502 | $3.3B | 15,821,353 | 37 | 122 | 183 | 0.8% |
| Q1 2024 | 511 | $4.3B | 21,111,952 | 50 | 133 | 173 | 0.4% |
| Q4 2023 | 500 | $3.7B | 19,547,331 | 58 | 114 | 165 | 0.6% |
| Q3 2023 | 450 | $3.3B | 20,133,738 | 44 | 123 | 130 | 1.5% |
| Q2 2023 | 435 | $3.0B | 17,682,323 | 48 | 119 | 146 | 3.2% |
| Q1 2023 | 410 | $1.9B | 12,163,876 | 48 | 72 | 171 | 5.0% |
| Q4 2022 | 400 | $1.7B | 13,226,755 | 36 | 64 | 198 | 3.1% |
| Q3 2022 | 398 | $23.7B | 187,461,487 | 36 | 78 | 175 | 0.3% |
| Q2 2022 | 425 | $27.6B | 216,833,841 | 40 | 85 | 205 | 0.2% |
| Q1 2022 | 478 | $42.4B | 223,949,368 | 33 | 111 | 214 | 0.8% |
| Q4 2021 | 534 | $54.7B | 240,899,275 | 43 | 152 | 148 | 0.5% |
| Q3 2021 | 495 | $43.8B | 185,121,999 | 44 | 157 | 126 | 0.3% |
| Q2 2021 | 490 | $41.7B | 170,098,600 | 56 | 122 | 154 | 0.1% |
| Q1 2021 | 486 | $37.5B | 171,063,718 | 51 | 125 | 188 | 0.4% |
| Q4 2020 | 502 | $41.5B | 194,952,343 | 57 | 140 | 131 | 0.3% |
| Q3 2020 | 430 | $36.2B | 191,427,911 | 50 | 132 | 137 | 0.6% |
| Q2 2020 | 414 | $29.4B | 171,229,675 | 91 | 145 | 94 | 0.6% |
| Q1 2020 | 359 | $20.6B | 167,507,556 | 42 | 97 | 146 | 0.4% |
| Q4 2019 | 368 | $24.7B | 177,223,018 | 35 | 86 | 122 | 0.2% |
| Q3 2019 | 337 | $12.8B | 94,830,314 | 31 | 94 | 128 | 0.4% |
| Q2 2019 | 354 | $14.0B | 97,224,067 | 46 | 113 | 115 | 0.8% |
| Q1 2019 | 348 | $13.9B | 100,815,821 | 57 | 82 | 125 | 0.4% |
| Q4 2018 | 328 | $10.4B | 89,531,866 | 5 | 5 | 10 | 0.3% |