First Trust NYSE Arca Biotechnology Index Fund

FBT • ARCA

First Trust NYSE Arca Biotechnology Index Fund is an exchange-traded fund on ARCA. As of Q3 2025, 247 institutional investors hold shares in this ETF, with total holdings valued at $543.3M. MORGAN STANLEY is the largest holder with a position valued at $60.9M.

Overview

Overview of institutional ownership in FBT as of Q3 2025

All Institutions

Institutions: 247
Value Held: $543.3M
Shares Held: 3.0M
Avg Position: $2.2M
Median Position: $433.3K

Hedge Funds

Hedge Funds: 2
Value Held: $6.7M
Shares Held: 37.4K
Avg Position: $3.4M
Median Position: $3.4M

Biggest Investors

Institutions with the largest positions in FBT as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$60.9M 0.00% of portfolio	339.4K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
L LPL Financial LLC Institution	-	$36.0M 0.01% of portfolio	200.6K shares	≤ Q2 2013 Held for 12y 5m+	$340.07B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$33.9M 0.00% of portfolio	189.2K shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$32.9M 0.01% of portfolio	183.6K shares	≤ Q2 2013 Held for 12y 5m+	$488.50B
UBS Group AG Institution	Sergio P. Ermotti CEO	$28.7M 0.01% of portfolio	160.3K shares	Q4 2014 Held for 10y 11m	$511.54B
R ROYAL BANK OF CANADA Institution	-	$27.4M 0.01% of portfolio	152.7K shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$24.7M 0.01% of portfolio	137.5K shares	Q4 2024 Held for 11 months	$310.43B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$21.7M 0.01% of portfolio	120.9K shares	Q2 2014 Held for 11y 5m	$341.99B
B Berger Financial Group, Inc RIA/Wealth	Nicholas Robert Asmus CEO	$20.7M 1.25% of portfolio	115.5K shares	Q4 2020 Held for 4y 11m	$1.7B
A Advisor Group Holdings, Inc. Institution	-	$9.8M 0.01% of portfolio	55.5K shares	Q1 2020 Held for 5y 8m	$71.0B

Net Capital Flow

Institutional buying and selling activity for FBT in Q3 2025

Traded: +$4.3M
Buyers: 101
Sellers: 102
Total Bought: +$26.8M
Total Sold: −$22.5M
Avg Position: $2.0M

Biggest Buyers

Institution	Net Bought	Current Position
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$3.7M +20.4K shares	$4.7M 26.1K shares
A Advisor Group Holdings, Inc. Institution	+$3.1M +17.6K shares	$9.8M 55.5K shares
NAVELLIER & ASSOCIATES INC RIA/Wealth	+$2.1M +11.7K shares	$2.1M 11.7K shares
Cetera Investment Advisers RIA/Wealth	+$1.3M +7.4K shares	$9.5M 52.8K shares
L LPL Financial LLC Institution	+$1.2M +6.9K shares	$36.0M 200.6K shares
S STIFEL FINANCIAL CORP Long Only Manager	+$1.1M +6.4K shares	$9.3M 51.9K shares
BARCLAYS PLC Institution	+$948.1K +5.3K shares	$948.1K 5.3K shares
HPM Partners LLC RIA/Wealth	+$843.3K +4.7K shares	$843.3K 4.7K shares
Rockefeller Capital Management L.P. Long Only Manager	+$712.5K +4.0K shares	$712.5K 4.0K shares
GOLDMAN SACHS GROUP INC Institution	+$670.7K +-51.3K shares	$670.7K 3.7K shares

Biggest Sellers

Institution	Net Sold	Current Position
Y Yarbrough Capital, LLC Institution	−$5.0M −31.2K shares	Sold Off 0 shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$1.7M −9.4K shares	$7.0M 39.3K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	−$1.3M −7.3K shares	$5.1M 28.5K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$1.2M −6.7K shares	$24.7M 137.5K shares
NFP Retirement, Inc. RIA/Wealth	−$1.1M −6.7K shares	Sold Off 0 shares
MORGAN STANLEY RIA/Wealth	−$1.0M −5.8K shares	$60.9M 339.4K shares
WELLS FARGO & COMPANY/MN Institution	−$989.5K −5.5K shares	$32.9M 183.6K shares
T TD Waterhouse Canada Inc. Institution	−$900.0K −4.9K shares	$5.5M 29.8K shares
SRS Capital Advisors, Inc. RIA/Wealth	−$893.3K −5.5K shares	Sold Off 0 shares
Private Advisor Group, LLC RIA/Wealth	−$650.6K −3.6K shares	$584.4K 3.3K shares

Entry and Exit Activity

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

New Positions: 7
New Value: $1.3M
Exited Positions: 21
Exited Value: $9.3M

New Positions

Institution	Position Value
T Torrey Growth & Income Advisors RIA/Wealth	$582.7K 3.3K shares
Maridea Wealth Management LLC RIA/Wealth	$212.7K 1.1K shares
CPR Investments Inc. RIA/Wealth	$205.2K 1.1K shares
FSB PREMIER WEALTH MANAGEMENT, INC. RIA/Wealth	$203.9K 1.1K shares
Sontag Advisory, LLC RIA/Wealth	$84.1K 469.0 shares
Painted Porch Advisors LLC RIA/Wealth	$17.9K 100.0 shares
TWIN CITY PRIVATE WEALTH, LLC RIA/Wealth	$5.4K 30.0 shares

Exited Positions

Institution	Previous Position
Y Yarbrough Capital, LLC Institution	$5.0M 31.2K shares
NFP Retirement, Inc. RIA/Wealth	$1.1M 6.7K shares
SRS Capital Advisors, Inc. RIA/Wealth	$893.3K 5.5K shares
Equitable Holdings, Inc. Institution	$349.8K 2.2K shares
SUMMIT WEALTH GROUP LLC / CO RIA/Wealth	$349.3K 2.2K shares
T TWO SIGMA SECURITIES, LLC Institution	$322.8K 2.0K shares
Sovran Advisors, LLC RIA/Wealth	$262.8K 1.6K shares
Moors & Cabot, Inc. RIA/Wealth	$244.7K 1.5K shares
Envestnet Portfolio Solutions, Inc. Long Only Manager	$243.8K 1.5K shares
RFG Advisory Group, LLC RIA/Wealth	$227.0K 1.4K shares

Options Activity

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

Call Positions: 2
Call Value: $3.6M
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.4M 188.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$268.9K 15.0 contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
SFI Advisors, LLC RIA/Wealth	Stephen Gaetano Vicinelli President	2.75% $4.2M	23.2K shares	Q4 2021 Held for 3y 11m	$151.2M
H Hartford Financial Management Inc. RIA/Wealth	Kevin Charles Quiros President	1.40% $5.3M	29.5K shares	≤ Q2 2013 Held for 12y 5m+	$377.6M
Holistic Financial Partners RIA/Wealth	Andy John Armstrong CCO	1.35% $3.3M	18.4K shares	Q4 2024 Held for 11 months	$244.2M
B Berger Financial Group, Inc RIA/Wealth	Nicholas Robert Asmus CEO	1.25% $20.7M	115.5K shares	Q4 2020 Held for 4y 11m	$1.7B
A Arlington Financial Advisors, LLC Institution	-	0.73% $4.9M	27.5K shares	Q2 2025 Held for 5 months	$679.2M
PACIFIC SUN FINANCIAL CORP RIA/Wealth	Mitchell Jeffrey Fisher President	0.69% $1.4M	7.9K shares	Q2 2023 Held for 2y 5m	$207.0M
JUNCTURE WEALTH STRATEGIES, LLC RIA/Wealth	Barry Scott Rhonemus CEO	0.65% $1.9M	10.8K shares	Q4 2014 Held for 10y 11m	$298.5M
Quad-Cities Investment Group, LLC RIA/Wealth	Jennifer Marie Delapaz Member	0.64% $1.5M	8.4K shares	Q1 2018 Held for 7y 8m	$234.6M
G GENTRY PRIVATE WEALTH, LLC RIA/Wealth	Jeffrey L Wetta Managing Partner	0.58% $836.0K	4.7K shares	Q2 2024 Held for 1y 5m	$143.3M
D Dale Q Rice Investment Management Ltd RIA/Wealth	Dale Quintin Rice Owner	0.51% $707.0K	3.8K shares	Q4 2024 Held for 11 months	$138.8M

Hedge Fund Spotlight

Discover hedge funds investing in FBT

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 NYSE Arca Biotechnology Index Fund

Market Value: $4.7M
Shares Held: 26.1K
Portfolio Weight: 0.00%
Owned Since: 2015-Q3

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%