FIRST TR EXCHANGE-TRADED FD

Ticker: DALI CUSIP: 33738R712 Class: DORSEYWRGT ETF

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (4)

Kestra Advisory Services, LLC

Value ($000) $191 Shares 6,653

STIFEL FINANCIAL CORP

Value ($000) $251 Shares 8,719

BANK OF AMERICA CORP /DE/

Value ($000) $84 Shares 2,936

Value ($000) $3 Shares 107

Institution	Shares	Value ($000)
Kestra Advisory Services, LLC	6,653	$191
STIFEL FINANCIAL CORP	8,719	$251
BANK OF AMERICA CORP /DE/	2,936	$84
UBS Group AG	107	$3

Increased Positions (3)

SUSQUEHANNA INTERNATIONAL GROUP, LLP

Value ($000) $963 (+39.4%) Shares 33,476 (+36.5%)

Keel Point, LLC

Value ($000) $468 (+11.0%) Shares 16,279 (+8.7%)

Value ($000) $109 (+2301.2%) Shares 3,774 (+2258.8%)

Institution	Prev Shares	Curr Shares	Change
SUSQUEHANNA INTERNATIONAL GROUP, LLP	24,516	33,476	+8,960 (+36.5%)
Keel Point, LLC	14,976	16,279	+1,303 (+8.7%)
MORGAN STANLEY	160	3,774	+3,614 (+2258.8%)

Decreased Positions (4)

Strid Group, LLC

Value ($000) $102,678 (-0.1%) Shares 3,569,746 (-2.1%)

Prospera Financial Services Inc

Value ($000) $4,354 (-3.6%) Shares 151,386 (-5.6%)

CITADEL ADVISORS LLC

Value ($000) $769 (-33.5%) Shares 26,751 (-34.8%)

RAYMOND JAMES FINANCIAL INC

Value ($000) $264 (-4.2%) Shares 9,180 (-6.1%)

Institution	Prev Shares	Curr Shares	Change
Strid Group, LLC	3,647,128	3,569,746	-77,382 (-2.1%)
Prospera Financial Services Inc	160,294	151,386	-8,908 (-5.6%)
CITADEL ADVISORS LLC	41,060	26,751	-14,309 (-34.8%)
RAYMOND JAMES FINANCIAL INC	9,780	9,180	-600 (-6.1%)

Exited Positions (1)

Advisory Services Network, LLC

Value ($000) $22 Shares 793

Institution	Prev Shares	Prev Value ($000)
Advisory Services Network, LLC	793	$22