FIRST TR EXCHANGE TRADED FD

Ticker: FDNI CUSIP: 33734X770 Class: EQUITY SECTOR - ETF

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (9)

FLOW TRADERS U.S. LLC

Value ($000) $3 Shares 79,640

GTS SECURITIES LLC

Value ($000) $605 Shares 17,837

ICONIQ Capital, LLC

Value ($000) $627 Shares 2,329

MILLENNIUM MANAGEMENT LLC

Value ($000) $1,116 Shares 32,906

CITADEL ADVISORS LLC

Value ($000) $558 Shares 16,446

WELLS FARGO & COMPANY/MN

Value ($000) $57 Shares 1,682

Smartleaf Asset Management LLC

Value ($000) $10 Shares 307

Transamerica Financial Advisors, Inc.

Value ($000) $3 Shares 101

MORGAN STANLEY

Value ($000) $0 Shares 1

Institution	Shares	Value ($000)
FLOW TRADERS U.S. LLC	79,640	$3
GTS SECURITIES LLC	17,837	$605
ICONIQ Capital, LLC	2,329	$627
MILLENNIUM MANAGEMENT LLC	32,906	$1,116
CITADEL ADVISORS LLC	16,446	$558
WELLS FARGO & COMPANY/MN	1,682	$57
Smartleaf Asset Management LLC	307	$10
Transamerica Financial Advisors, Inc.	101	$3
MORGAN STANLEY	1	$0

Increased Positions (6)

Warner Group LLC

Value ($000) $3,861 (-1.3%) Shares 113,847 (+12.8%)

OLD MISSION CAPITAL LLC

Value ($000) $2,887 (+943.3%) Shares 85,115 (+1092.1%)

NewEdge Advisors, LLC

Value ($000) $9,834 (-3.5%) Shares 289,960 (+10.3%)

JANE STREET GROUP, LLC

Value ($000) $2,791 (+668.4%) Shares 82,281 (+777.9%)

RAYMOND JAMES FINANCIAL INC

Value ($000) $4,532 (-11.0%) Shares 133,614 (+1.7%)

Advisory Services Network, LLC

Value ($000) $273 (-10.2%) Shares 8,038 (+2.6%)

Institution	Prev Shares	Curr Shares	Change
Warner Group LLC	100,941	113,847	+12,906 (+12.8%)
OLD MISSION CAPITAL LLC	7,140	85,115	+77,975 (+1092.1%)
NewEdge Advisors, LLC	262,958	289,960	+27,002 (+10.3%)
JANE STREET GROUP, LLC	9,372	82,281	+72,909 (+777.9%)
RAYMOND JAMES FINANCIAL INC	131,362	133,614	+2,252 (+1.7%)
Advisory Services Network, LLC	7,837	8,038	+201 (+2.6%)

Decreased Positions (6)

Smart Portfolios, LLC

Value ($000) $1,719 (-28.3%) Shares 50,696 (-18.1%)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $410 (-86.3%) Shares 12,103 (-84.3%)

OSAIC HOLDINGS, INC.

Value ($000) $1,998 (-22.9%) Shares 58,904 (-18.7%)

LPL Financial LLC

Value ($000) $3,130 (-18.3%) Shares 92,290 (-6.6%)

ASSETMARK, INC

Value ($000) $502 (-16.3%) Shares 14,811 (-4.4%)

ROYAL BANK OF CANADA

Value ($000) $307 (-14.2%) Shares 9,050 (-2.0%)

Institution	Prev Shares	Curr Shares	Change
Smart Portfolios, LLC	61,886	50,696	-11,190 (-18.1%)
SUSQUEHANNA INTERNATIONAL GROUP, LLP	77,154	12,103	-65,051 (-84.3%)
OSAIC HOLDINGS, INC.	72,415	58,904	-13,511 (-18.7%)
LPL Financial LLC	98,861	92,290	-6,571 (-6.6%)
ASSETMARK, INC	15,492	14,811	-681 (-4.4%)
ROYAL BANK OF CANADA	9,235	9,050	-185 (-2.0%)

Exited Positions (7)

TWIN PEAKS WEALTH ADVISORS, LLC

Value ($000) $237 Shares 6,122

OBSIDIAN CIO, LLC

Value ($000) $218 Shares 5,632

Signal Advisors Wealth, LLC

Value ($000) $243 Shares 6,268

Newbridge Financial Services Group, Inc.

Value ($000) $107 Shares 2,767

BANK OF AMERICA CORP /DE/

Value ($000) $100 Shares 2,569

Cambridge Investment Research Advisors, Inc.

Value ($000) $1 Shares 14,802

Perkins Coie Trust Co

Value ($000) $1 Shares 25

Institution	Prev Shares	Prev Value ($000)
TWIN PEAKS WEALTH ADVISORS, LLC	6,122	$237
OBSIDIAN CIO, LLC	5,632	$218
Signal Advisors Wealth, LLC	6,268	$243
Newbridge Financial Services Group, Inc.	2,767	$107
BANK OF AMERICA CORP /DE/	2,569	$100
Cambridge Investment Research Advisors, Inc.	14,802	$1
Perkins Coie Trust Co	25	$1