FIRST TR EXCHANGE-TRADED ALP (FAD) is held by 41 institutional investors that disclose positions via SEC 13F filings. The largest disclosed holder is MORGAN STANLEY as of Q1 2026.

Are institutions buying or selling FAD?

In Q1 2026, 20 institutions opened or increased positions in FIRST TR EXCHANGE-TRADED ALP while 13 reduced or exited — a net buying quarter.

What is the Smart Money Verdict on FAD?

The Smart Money Verdict combines four independent sources (institutional 13F activity, insider trades, activist filings, and congressional trades) into a single assessment for FIRST TR EXCHANGE-TRADED ALP.

How many hedge funds hold FAD?

41 institutional investors report holding FIRST TR EXCHANGE-TRADED ALP (FAD) as of Q1 2026, based on SEC 13F filings.

Is institutional money flowing into FAD?

As of Q1 2026, tracked institutions in FIRST TR EXCHANGE-TRADED ALP show 20 buyers versus 13 sellers — net inflows.

FIRST TR EXCHANGE-TRADED ALP

FAD·33733F101·US·ETF·Unknown - Unknown

Holders

Avg rating(16 Elite)

$197.4M

Total Value

61% (43)

Fund Consensus

20 buying - 13 selling

No verdict yet — fewer than 2 funds hold FAD.

13F: Mar 31, 2026Insider & Congress: Updated regularly

Fund	Action	Shares	Value	Weight	Est. P&L	Conviction
MORGAN STANLEY	Decreased	242,445(-21.4%)	$38.5M	0.0%	+32.66%	0
LPL Financial LLC	Increased	197,933(+58.2%)	$31.5M	0.0%	+40.48%	41
WELLS FARGO & COMPANY/MN	Increased	175,021(+27.8%)	$27.8M	0.0%	+29.96%	36
RAYMOND JAMES FINANCIAL INC	Decreased	93,573(-32.5%)	$14.9M	0.0%	+31.77%	0
COMMONWEALTH EQUITY SERVICES, LLC	Increased	60,837(+4.8%)	$9.7M	0.0%	+86.03%	29
GOLDMAN SACHS GROUP INC	Unchanged	50,000	$7.9M	0.0%	+37.12%	0
TRUIST FINANCIAL CORP	Increased	49,292(+4.5%)	$7.8M	0.0%	+84.99%	29
OSAIC HOLDINGS, INC.	Decreased	45,527(-6.5%)	$7.2M	0.0%	+21.82%	0
BANK OF AMERICA CORP /DE/	Increased	41,501(+37.3%)	$6.6M	0.0%	+29.97%	36
ROYAL BANK OF CANADA	Increased	34,241(+7.8%)	$5.4M	0.0%	+31.38%	29
Kestra Advisory Services, LLC	Increased	31,173(+253.5%)	$5M	0.0%	+20.11%	43
SUSQUEHANNA INTERNATIONAL GROUP, LLP	Increased	29,636(+315.8%)	$4.7M	0.0%	+18.06%	43
JONES FINANCIAL COMPANIES LLLP	Increased	29,510(+71.1%)	$4.6M	0.0%	+23.99%	40
ENVESTNET ASSET MANAGEMENT INC	Increased	24,741(+74.9%)	$3.9M	0.0%	+28.98%	40
Creative Planning	Decreased	24,351(-4.0%)	$3.9M	0.0%	+46.88%	0
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	Increased	20,998(+43.7%)	$3.3M	0.0%	+18.12%	36
UBS Group AG	Decreased	17,692(-0.3%)	$2.8M	0.0%	+61.11%	0
Private Advisor Group, LLC	Increased	14,184(+0.0%)	$2.3M	0.0%	+91.89%	26
Cetera Investment Advisers	Increased	14,060(+25.3%)	$2.2M	0.0%	+35.70%	32
Baird Financial Group, Inc.	Increased	13,910(+0.3%)	$2.2M	0.0%	+68.56%	26