FIRST TR EXCH TRADED FD III

Ticker: HSMV CUSIP: 33741Y100 Class: HORIZON VOL SMCP

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (2)

INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC
Value ($000) $10 Shares 286
MORGAN STANLEY
Value ($000) $0 Shares 1

Increased Positions (9)

Tower Research Capital LLC (TRC)
Value ($000) $1,350 (+581.5%) Shares 37,863 (+595.4%)
CERTIOR FINANCIAL GROUP, LLC
Value ($000) $294 (+0.7%) Shares 8,246 (+2.8%)
LPL Financial LLC
Value ($000) $5,813 (+5.4%) Shares 163,070 (+7.5%)
Bank of New York Mellon Corp
Value ($000) $4,888 (+3.9%) Shares 137,123 (+6.1%)
ENVESTNET ASSET MANAGEMENT INC
Value ($000) $7,531 (+1.3%) Shares 211,235 (+3.4%)
Cetera Investment Advisers
Value ($000) $6,256 (+0.5%) Shares 175,477 (+2.6%)
PRINCIPAL SECURITIES, INC.
Value ($000) $552 (+7.9%) Shares 15,488 (+10.1%)
Envestnet Portfolio Solutions, Inc.
Value ($000) $226 (-0.7%) Shares 6,327 (+1.3%)
Cambridge Investment Research Advisors, Inc.
Value ($000) $5 (+3.3%) Shares 150,687 (+5.4%)

Decreased Positions (3)

Brinker Capital Investments, LLC
Value ($000) $1,036 (-4.6%) Shares 29,065 (-2.7%)
UBS Group AG
Value ($000) $32 (-48.0%) Shares 890 (-47.0%)
OSAIC HOLDINGS, INC.
Value ($000) $125 (-12.7%) Shares 3,502 (-10.5%)

Exited Positions (2)

TWO SIGMA INVESTMENTS, LP
Value ($000) $263 Shares 7,237
Rossby Financial, LCC
Value ($000) $9 Shares 244