First Trust Active Factor Large Cap

AFLG • ARCA

First Trust Active Factor Large Cap is an exchange-traded fund on ARCA. As of Q3 2025, 90 institutional investors hold shares in this ETF, with total holdings valued at $302.3M. LPL Financial LLC is the largest holder with a position valued at $80.3M.

Overview

Overview of institutional ownership in AFLG as of Q3 2025

All Institutions

Institutions: 90
Value Held: $302.3M
Shares Held: 7.8M
Avg Position: $3.4M
Median Position: $968.8K

Hedge Funds

Hedge Funds: 1
Value Held: $1.6M
Shares Held: 40.5K
Avg Position: $1.6M
Median Position: $1.6M

Biggest Investors

Institutions with the largest positions in AFLG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
L LPL Financial LLC Institution	-	$80.3M 0.02% of portfolio	2.1M shares	Q4 2024 Held for 11 months	$340.07B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$29.0M 0.01% of portfolio	746.0K shares	Q4 2024 Held for 11 months	$341.99B
MANCHESTER FINANCIAL INC RIA/Wealth	Robert James Katch President	$19.6M 3.96% of portfolio	505.2K shares	Q3 2024 Held for 1y 2m	$495.4M
S STIFEL FINANCIAL CORP Long Only Manager	Adam Vartan Topalian CIO	$14.3M 0.01% of portfolio	368.6K shares	Q1 2025 Held for 8 months	$109.37B
Cetera Investment Advisers RIA/Wealth	Joseph Daniel Neary CEO	$12.4M 0.01% of portfolio	318.7K shares	Q3 2024 Held for 1y 2m	$85.4B
GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager	Hyun Michael Kim CEO	$11.4M 0.02% of portfolio	294.7K shares	Q4 2024 Held for 11 months	$46.5B
Cambridge Investment Research Advisors, Inc. RIA/Wealth	Amy Lynn Webber CEO	$11.0M 0.03% of portfolio	283.5K shares	Q4 2024 Held for 11 months	$33.5B
MENORA MIVTACHIM HOLDINGS LTD. Private Equity	Edward Joseph Keefe CFO	$10.0M 0.05% of portfolio	256.6K shares	Q3 2025 Held for 2 months	$19.7B
Prospera Financial Services RIA/Wealth	Jared Corey Kushner CEO	$9.3M 0.16% of portfolio	239.1K shares	Q4 2024 Held for 11 months	$5.8B
Global Retirement Partners, LLC RIA/Wealth	Geoffrey Robert White CEO	$7.8M 0.18% of portfolio	202.0K shares	Q2 2025 Held for 5 months	$4.5B

Net Capital Flow

Institutional buying and selling activity for AFLG in Q3 2025

Traded: +$45.2M
Buyers: 63
Sellers: 30
Total Bought: +$54.1M
Total Sold: −$9.0M
Avg Position: $3.1M

Biggest Buyers

Institution	Net Bought	Current Position
L LPL Financial LLC Institution	+$17.4M +449.4K shares	$80.3M 2.1M shares
MENORA MIVTACHIM HOLDINGS LTD. Private Equity	+$10.0M +256.6K shares	$10.0M 256.6K shares
Prospera Financial Services RIA/Wealth	+$6.1M +157.8K shares	$9.3M 239.1K shares
MANCHESTER FINANCIAL INC RIA/Wealth	+$4.4M +112.4K shares	$19.6M 505.2K shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	+$2.0M +51.0K shares	$11.0M 283.5K shares
Concurrent Investment Advisors, LLC RIA/Wealth	+$1.1M +29.4K shares	$1.4M 36.6K shares
Snowden Capital Advisors LLC RIA/Wealth	+$1.1M +28.0K shares	$2.9M 74.7K shares
RFG Advisory Group, LLC RIA/Wealth	+$1.0M +26.9K shares	$1.6M 42.1K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$823.3K +21.2K shares	$29.0M 746.0K shares
Kestra Advisory Services, LLC RIA/Wealth	+$740.6K +19.1K shares	$5.3M 136.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
J JANE STREET GROUP, LLC Institution	−$3.6M −99.9K shares	Sold Off 0 shares
Pinnacle Family Advisors, LLC Family Office	−$1.2M −32.3K shares	Sold Off 0 shares
THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. Private Equity	−$668.9K −17.2K shares	$100.0K 2.6K shares
Gladstone Institutional Advisory LLC RIA/Wealth	−$500.7K −12.9K shares	$4.8M 123.4K shares
Traction Financial Partners, LLC RIA/Wealth	−$460.8K −12.7K shares	Sold Off 0 shares
Mutual Advisors, LLC RIA/Wealth	−$439.0K −11.3K shares	$322.0K 8.3K shares
T Tower Research Capital LLC Institution	−$397.0K −10.2K shares	$294.8K 7.6K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$288.6K −7.4K shares	$1.1M 27.4K shares
G GENTRY PRIVATE WEALTH, LLC RIA/Wealth	−$210.7K −5.4K shares	$2.0M 52.5K shares
Wealth Watch Advisors, INC RIA/Wealth	−$189.0K −4.9K shares	$510.0K 13.1K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited AFLG in Q3 2025

New Positions: 15
New Value: $12.7M
Exited Positions: 7
Exited Value: $5.3M

New Positions

Institution	Position Value
MENORA MIVTACHIM HOLDINGS LTD. Private Equity	$10.0M 256.6K shares
Koshinski Asset Management, Inc. RIA/Wealth	$702.3K 18.1K shares
F Financial Gravity Wealth, Inc. Institution	$680.5K 17.5K shares
SYNOVUS FINANCIAL CORP Institution	$339.7K 8.7K shares
PRIVATE CLIENT SERVICES, LLC RIA/Wealth	$286.9K 7.4K shares
FOUNDERS FINANCIAL SECURITIES LLC RIA/Wealth	$222.4K 5.7K shares
Asset Allocation Strategies LLC RIA/Wealth	$219.1K 5.6K shares
GoalVest Advisory LLC Private Equity	$159.6K 4.1K shares
A Advisory Services Network, LLC RIA/Wealth	$28.5K 735.0 shares
CULLEN/FROST BANKERS, INC. Institution	$22.6K 583.0 shares

Exited Positions

Institution	Previous Position
J JANE STREET GROUP, LLC Institution	$3.6M 99.9K shares
Pinnacle Family Advisors, LLC Family Office	$1.2M 32.3K shares
Traction Financial Partners, LLC RIA/Wealth	$460.8K 12.7K shares
CWM, LLC RIA/Wealth	$13.0K 357.0 shares
Ameritas Advisory Services, LLC RIA/Wealth	$8.8K 241.0 shares
Transce3nd, LLC RIA/Wealth	$6.8K 186.0 shares
R ROYAL BANK OF CANADA Institution	$4.0K 111.0 shares

Options Activity

Institutions with the largest Call and Put options positions in AFLG as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with AFLG as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
MANCHESTER FINANCIAL INC RIA/Wealth	Robert James Katch President	3.96% $19.6M	505.2K shares	Q3 2024 Held for 1y 2m	$495.4M
BKA Wealth Consulting, Inc. RIA/Wealth	Eric Charles Boyce Managing Partner	2.15% $2.6M	67.2K shares	Q2 2024 Held for 1y 5m	$121.3M
G GENTRY PRIVATE WEALTH, LLC RIA/Wealth	Jeffrey L Wetta Managing Partner	1.42% $2.0M	52.5K shares	Q4 2024 Held for 11 months	$143.3M
IAMS WEALTH MANAGEMENT, LLC RIA/Wealth	Charles Richard Heuring CEO	1.13% $2.8M	71.9K shares	Q1 2025 Held for 8 months	$247.9M
FSB PREMIER WEALTH MANAGEMENT, INC. RIA/Wealth	Ryan J Risetter CEO	0.46% $1.4M	36.1K shares	Q1 2025 Held for 8 months	$303.5M
Gateway Wealth Partners, LLC RIA/Wealth	Eric Dale Hall CEO	0.29% $2.1M	55.3K shares	Q1 2025 Held for 8 months	$738.2M
Blackhawk Capital Partners LLC. RIA/Wealth	Donald William Tendick President	0.25% $632.4K	16.3K shares	Q1 2025 Held for 8 months	$254.6M
Wealth Watch Advisors, INC RIA/Wealth	William Earl Gastl Managing Partner	0.23% $510.0K	13.1K shares	Q1 2025 Held for 8 months	$221.3M
THURSTON, SPRINGER, MILLER, HERD & TITAK, INC. Private Equity	Patrick James Haynes Iii Founder	0.20% $100.0K	2.6K shares	Q2 2024 Held for 1y 5m	$49.6M
Gladstone Institutional Advisory LLC RIA/Wealth	Kristopher Bonocore President	0.19% $4.8M	123.4K shares	Q2 2025 Held for 5 months	$2.6B

Hedge Fund Spotlight

Discover hedge funds investing in AFLG

CITADEL ADVISORS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerKenneth Cordele Griffin

Portfolio Value: $122.08B
Positions: 5,531
Last Reported: Q3 2025

Sector Allocation

Position in First Trust Active Factor Large Cap

Market Value: $1.6M
Shares Held: 40.5K
Portfolio Weight: 0.00%
Owned Since: 2024-Q2

Top Holding	Sector	Market Value	Weight
1 Microsoft MSFT	Software - Infrastructure Technology	$2.1B	1.68%
2 Nvidia NVDA	Semiconductors Technology	$1.8B	1.50%
3 Meta Platforms, Inc. META	Internet Content & Information Communication Services	$1.4B	1.18%