Who Owns FIRST TR EXCHANGE TRADED FD (FAI)?Hedge Fund & Institutional Holders

$38.83-0.33 (-0.84%)NYSE_ARCA

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$3.56000261000148e+230T

% of Float Held

—

QoQ Change in Holders

+15 / -0

Price History

$23.86$28.84$33.83$38.81$43.79Nov 24Jul 25Mar 26

FAI — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
COMMONWEALTH EQUITY SERVICES, LLCNew Position+2.3M+$146.0M
TD Capital Management LLCNew Position+798+$50.2M
Concurrent Investment Advisors, LLCNew Position+566K+$35.6M
Janney Montgomery Scott LLCNew Position+506K+$31.0M
SARD WEALTH MANAGEMENT GROUP, LLCNew Position+470K+$29.6M
D.A. DAVIDSON & CO.New Position+407K+$25.6M
Madrona Financial Services, LLCNew Position+402K+$25.3M
Proactive Wealth Strategies LLCNew Position+314K+$19.7M
ENVESTNET ASSET MANAGEMENT INCNew Position+349K+$19.0M
CWM, LLCNew Position+267K+$16.8M
Geneos Wealth Management Inc.New Position+250K+$15.7M
Sanctuary Advisors, LLCNew Position+270K+$15.7M
BENJAMIN EDWARDS INCNew Position+142K+$8.9M
Ashton Thomas Private Wealth, LLCNew Position+137K+$8.6M
PFG Investments, LLCNew Position+128K+$8.1M

FAI — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
MORGAN STANLEYDecreased-338K-$372.0B
LPL Financial LLCDecreased-311K-$276.3B
RAYMOND JAMES FINANCIAL INCDecreased-171K-$139.6B
UBS Group AGDecreased-88K-$84.5B
BANK OF AMERICA CORP /DE/Decreased-101K-$84.2B
ROYAL BANK OF CANADADecreased-322K-$73.2B
NewEdge Advisors, LLCDecreased-11K-$58.2B
OSAIC HOLDINGS, INC.Decreased-135K-$56.3B
Prospera Financial Services IncDecreased-79K-$48.7B
Cetera Investment AdvisersDecreased-92K-$31.5B
STIFEL FINANCIAL CORPDecreased-31K-$29.2B
Baird Financial Group, Inc.Decreased-20K-$27.2B
Strid Group, LLCDecreased-4K-$14.1B
Integrated Wealth Concepts LLCDecreased-7K-$10.3B
HighTower Advisors, LLCDecreased-6K-$9.0B

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1MORGAN STANLEY5,672,364$356.0M0.02%Share
2LPL Financial LLC4,155,628$261.0M0.07%Share
3WELLS FARGO & COMPANY/MN2,356,355$148.0M0.03%Share
4COMMONWEALTH EQUITY SERVICES, LLC2,328,990$146.0M0.19%Share
5WELLS FARGO & COMPANY/MN1,332,425$83.0M0.02%Share
6RAYMOND JAMES FINANCIAL INC1,290,953$81.0M0.03%Share
7UBS Group AG1,277,328$80.4M0.01%Share
8BANK OF AMERICA CORP /DE/1,025,542$64.0M0.00%Share
9NewEdge Advisors, LLC929,696$58.0M0.21%Share
10ROYAL BANK OF CANADA815,927$51.0M0.01%Share
11TD Capital Management LLC798$50.2M0.00%Share
12RAYMOND JAMES FINANCIAL INC789,561$49.0M0.02%Share
13OSAIC HOLDINGS, INC.732,816$46.0M0.07%Share
14Prospera Financial Services Inc707,992$44.0M0.72%Share
15Concurrent Investment Advisors, LLC564,018$35.5M0.40%Share
16Cambridge Investment Research Advisors, Inc.565,496$35.0M0.09%Share
17Janney Montgomery Scott LLC506,018$31.0M0.07%Share
18SARD WEALTH MANAGEMENT GROUP, LLC470,168$29.6M16.24%Share
19STIFEL FINANCIAL CORP440,507$27.0M0.02%Share
20Baird Financial Group, Inc.419,316$26.0M0.04%Share
21D.A. DAVIDSON & CO.407,478$25.6M0.16%Share
22Anchor Investment Management, LLC405$25.5M0.00%Share
23Madrona Financial Services, LLC401,734$25.3M5.40%Share
24Rockefeller Capital Management L.P.400,464$25.0M0.05%Share
25Cetera Investment Advisers399,891$25.0M0.03%Share
26Proactive Wealth Strategies LLC313,503$19.7M7.82%Share
27ENVESTNET ASSET MANAGEMENT INC317,007$19.0M0.01%Share
28Private Advisor Group, LLC281,906$17.0M0.08%Share
29CWM, LLC267,068$16.8M0.05%Share
30Geneos Wealth Management Inc.250,269$15.7M0.39%Share
31Steward Partners Investment Advisory, LLC243,923$15.0M0.08%Share
32Strid Group, LLC224,634$14.1M1.76%Share
33BANK OF AMERICA CORP /DE/232,404$14.0M0.00%Share
34Frederick Financial Consultants, LLC195,451$12.3M6.73%Share
35Concentrum Wealth Management174,108$11.0M3.06%Share
36Regal Investment Advisors LLC169,429$10.7M0.64%Share
37Stratos Wealth Partners, LTD.154,559$9.7M0.11%Share
38HFG Advisors, Inc.143,478$9.0M6.54%Share
39Integrated Wealth Concepts LLC158,429$9.0M0.11%Share
40BENJAMIN EDWARDS INC141,843$8.9M0.10%Share
41Ashton Thomas Private Wealth, LLC136,623$8.6M0.21%Share
42PFG Investments, LLC128,460$8.1M0.38%Share
43MGO ONE SEVEN LLC127,907$8.0M0.16%Share
44AlphaCore Capital LLC142,677$8.0M0.18%Share
45HighTower Advisors, LLC140,336$8.0M0.01%Share
46NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO224,743$7.4M0.00%Share
47Fusion Capital, LLC116,197$7.3M2.06%Share
48AFFINITY WEALTH MANAGEMENT LLC108,594$6.8M0.97%Share
49Gateway Wealth Partners, LLC107,753$6.8M0.75%Share
50SkyOak Wealth, LLC107,451$6.8M1.22%Share

FAI Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 2025333$2.4B+139
Q3 2025194$1.8T-100
Q2 2025294$1.7T-20
Q1 2025314$2.0T+41
Q4 2024273$115.9T+50
Q3 2024223$1422.1T+7
Q2 2024216$1473.2T+14
Q1 2024202$1371.7T—

As of Q4 2025, 50 institutional investors hold FAI (FIRST TR EXCHANGE TRADED FD). The largest holder is MORGAN STANLEY with $356.0M in shares. This quarter, 15 institutions opened new positions and 0 closed their positions.

Frequently Asked Questions

How many hedge funds own FAI?

As of Q4 2025, 50 institutional investors report holding FAI (FIRST TR EXCHANGE TRADED FD) in their 13F filings.

Who is the largest institutional holder of FAI?

The largest institutional holder of FAI is MORGAN STANLEY with $356.0M in shares.

Is institutional ownership of FAI increasing or decreasing?

This quarter, 15 institutions opened new positions in FAI and 0 closed their positions.