FIRST TR EXCHANGE-TRADED FD

Ticker: DVOL CUSIP: 33741L108 Class: DORSY WR MOMNT

Holders for Q4 2025 Position Changes for Q4 2025

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

InstitutionSharesValue ($000)
Csenge Advisory Group567,061$19,867
MORGAN STANLEY195,216$6,839
RAYMOND JAMES FINANCIAL INC151,714$5,315
CWM, LLC117,460$4
LPL Financial LLC107,316$3,760
Baird Financial Group, Inc.74,856$2,623
Farther Finance Advisors, LLC73,494$2,575
ROYAL BANK OF CANADA68,216$2,390
Private Advisory Group LLC40,309$1,412
Nilsine Partners, LLC38,978$1,366
COMMONWEALTH EQUITY SERVICES, LLC38,106$1,335
SUSQUEHANNA INTERNATIONAL GROUP, LLP32,824$1,150
Sanctuary Advisors, LLC29,634$1,038
Prospera Financial Services Inc26,478$928
FLOW TRADERS U.S. LLC25,496$1
CITADEL ADVISORS LLC22,953$804
VisionPoint Advisory Group, LLC22,302$781
Cetera Investment Advisers17,726$621
Cambridge Investment Research Advisors, Inc.17,452$1
Sigma Planning Corp15,202$533
Warner Group LLC14,550$510
Wealthcare Advisory Partners LLC14,436$506
Concurrent Investment Advisors, LLC10,985$385
MTM Investment Management, LLC10,530$369
COMERICA BANK9,895$347
Allworth Financial LP9,218$323
Global Retirement Partners, LLC6,929$243
BANK OF AMERICA CORP /DE/6,819$239
PRIVATE TRUST CO NA6,578$230
Mutual Advisors, LLC6,563$230
ENVESTNET ASSET MANAGEMENT INC6,254$219
Weaver Consulting Group5,738$201
OSAIC HOLDINGS, INC.5,347$187
O'SHAUGHNESSY ASSET MANAGEMENT, LLC3,162$111
FMR LLC677$24
Measured Wealth Private Client Group, LLC488$17
Hilton Head Capital Partners, LLC251$9
Spire Wealth Management150$5
UBS Group AG38$1
WELLS FARGO & COMPANY/MN1$0
Total (40 institutions)1,801,402$57,497