FT Vest S&P 500 Dividend Aristocrats Target Income

KNG • BATS

FT Vest S&P 500 Dividend Aristocrats Target Income is an exchange-traded fund on BATS. As of Q3 2025, 295 institutional investors hold shares in this ETF, with total holdings valued at $2.1B. LPL Financial LLC is the largest holder with a position valued at $297.1M.

Overview

Overview of institutional ownership in KNG as of Q3 2025

All Institutions

Institutions: 295
Value Held: $2.1B
Shares Held: 41.8M
Avg Position: $7.0M
Median Position: $785.2K

Hedge Funds

Hedge Funds: 3
Value Held: $4.1M
Shares Held: 82.7K
Avg Position: $1.4M
Median Position: $760.4K

Biggest Investors

Institutions with the largest positions in KNG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
L LPL Financial LLC Institution	-	$297.1M 0.09% of portfolio	6.0M shares	Q1 2019 Held for 6y 8m	$340.07B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$287.8M 0.02% of portfolio	5.8M shares	Q1 2022 Held for 3y 8m	$1.65T
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$204.7M 0.04% of portfolio	4.2M shares	Q4 2021 Held for 3y 11m	$488.50B
RAYMOND JAMES FINANCIAL INC RIA/Wealth	Steven Robert Marcus CEO	$123.8M 0.04% of portfolio	2.5M shares	Q4 2024 Held for 11 months	$310.43B
UBS Group AG Institution	Sergio P. Ermotti CEO	$113.4M 0.02% of portfolio	2.3M shares	Q2 2020 Held for 5y 5m	$511.54B
R ROYAL BANK OF CANADA Institution	-	$87.3M 0.02% of portfolio	1.8M shares	Q2 2018 Held for 7y 5m	$542.04B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$77.9M 0.02% of portfolio	1.6M shares	Q2 2021 Held for 4y 5m	$341.99B
BB&T CORP Institution	William H. Rogers, Jr. CEO	$65.5M 0.09% of portfolio	1.3M shares	Q1 2023 Held for 2y 8m	$73.6B
Cetera Investment Advisers RIA/Wealth	Joseph Daniel Neary CEO	$50.6M 0.06% of portfolio	1.0M shares	Q3 2021 Held for 4y 2m	$85.4B
A Advisor Group Holdings, Inc. Institution	-	$37.9M 0.05% of portfolio	760.5K shares	Q1 2020 Held for 5y 8m	$71.0B

Net Capital Flow

Institutional buying and selling activity for KNG in Q3 2025

Traded: −$109.0M
Buyers: 143
Sellers: 159
Total Bought: +$98.0M
Total Sold: −$207.0M
Avg Position: $6.2M

Biggest Buyers

Institution	Net Bought	Current Position
PSI Advisors, LLC RIA/Wealth	+$20.3M +411.7K shares	$20.3M 411.7K shares
L LPL Financial LLC Institution	+$15.8M +321.1K shares	$297.1M 6.0M shares
UBS Group AG Institution	+$4.7M +95.5K shares	$113.4M 2.3M shares
Cetera Investment Advisers RIA/Wealth	+$4.3M +86.8K shares	$50.6M 1.0M shares
W WILEY BROS.-AINTREE CAPITAL, LLC Institution	+$4.1M +84.1K shares	$10.3M 209.6K shares
Teamwork Financial Advisors, LLC RIA/Wealth	+$3.6M +-756.0K shares	$3.6M 73.2K shares
Curran Financial Partners, LLC RIA/Wealth	+$3.2M +65.1K shares	$10.0M 201.9K shares
BANK OF AMERICA CORP /DE/ Institution	+$2.0M +40.9K shares	$2.3M 46.6K shares
O OLD MISSION CAPITAL LLC Institution	+$1.9M +38.8K shares	$3.0M 61.1K shares
P Private Advisory Group LLC RIA/Wealth	+$1.9M +38.0K shares	$4.5M 91.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	−$31.0M −627.7K shares	$21.5M 435.4K shares
Capital Investment Advisors, LLC RIA/Wealth	−$25.6M −520.9K shares	Sold Off 0 shares
Signal Advisors Wealth, LLC RIA/Wealth	−$15.9M −324.6K shares	Sold Off 0 shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$13.2M −267.9K shares	$77.9M 1.6M shares
MORGAN STANLEY RIA/Wealth	−$12.8M −259.0K shares	$287.8M 5.8M shares
SYNOVUS FINANCIAL CORP Institution	−$10.3M −208.0K shares	$6.1M 124.4K shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	−$8.8M −179.0K shares	$14.0M 283.8K shares
A Atlas Private Wealth Advisors RIA/Wealth	−$7.8M −157.7K shares	$9.4M 191.2K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	−$6.9M −140.0K shares	$123.8M 2.5M shares
Integrated Wealth Concepts LLC RIA/Wealth	−$4.4M −90.2K shares	$10.3M 208.0K shares

Entry and Exit Activity

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

New Positions: 13
New Value: $4.8M
Exited Positions: 35
Exited Value: $66.3M

New Positions

Institution	Position Value
Summit Financial, LLC RIA/Wealth	$1.7M 33.8K shares
Forefront Wealth Partners, LLC RIA/Wealth	$608.0K 12.3K shares
WINEBRENNER CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$491.0K 10.0K shares
Q QTR Family Wealth, LLC RIA/Wealth	$434.2K 8.8K shares
Atomi Financial Group, Inc. RIA/Wealth	$409.2K 8.3K shares
Newbridge Financial Services Group, Inc. RIA/Wealth	$409.2K 8.3K shares
S Share Andrew L. Institution	$345.2K 7.0K shares
O Optiver Holding B.V. Institution	$295.3K 6.0K shares
Graney & King, LLC RIA/Wealth	$75.3K 1.5K shares
T TRUST CO OF VERMONT Institution	$29.6K 600.0 shares

Exited Positions

Institution	Previous Position
Capital Investment Advisors, LLC RIA/Wealth	$25.6M 520.9K shares
Signal Advisors Wealth, LLC RIA/Wealth	$15.9M 324.6K shares
ZEGA Investments, LLC RIA/Wealth	$3.8M 77.8K shares
Holcombe Financial, Inc. RIA/Wealth	$3.0M 62.0K shares
SRS Capital Advisors, Inc. RIA/Wealth	$3.0M 61.2K shares
U U.S. Capital Wealth Advisors, LLC RIA/Wealth	$2.1M 43.7K shares
BKA Wealth Consulting, Inc. RIA/Wealth	$2.1M 41.9K shares
HBK Sorce Advisory LLC Hedge Fund•Multi-Strategy	$1.4M 28.6K shares
Redhawk Wealth Advisors, Inc. RIA/Wealth	$1.3M 26.5K shares
Armis Advisers, LLC RIA/Wealth	$875.8K 17.8K shares

Options Activity

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

Call Positions: 1
Call Value: $26.1M
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
Capital Investment Advisors, LLC RIA/Wealth	$26.1M 5.3K contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Compass Financial Services Inc RIA/Wealth	Justin Edwin Van Houten CEO	7.67% $17.3M	351.3K shares	Q4 2024 Held for 11 months	$225.9M
W Wagner Wealth Management, LLC Institution	-	6.73% $29.0M	587.9K shares	Q2 2023 Held for 2y 5m	$430.7M
Symphony Financial Services, Inc. RIA/Wealth	John Y Kim President	5.86% $10.9M	220.2K shares	Q1 2025 Held for 8 months	$185.3M
PSI Advisors, LLC RIA/Wealth	Gregory Cyril Staub CIO	5.28% $20.3M	411.7K shares	Q4 2021 Held for 3y 11m	$384.6M
S Solitude Financial Services RIA/Wealth	Ashley Jonathon Vice CCO	4.41% $12.9M	261.5K shares	Q4 2020 Held for 4y 11m	$292.2M
Prasad Wealth Partners, LLC RIA/Wealth	Anthony Grey Kulka CIO	2.94% $10.4M	211.9K shares	Q4 2024 Held for 11 months	$355.8M
Ergawealth Advisors, Inc. RIA/Wealth	Ian Leo Laterreur President	2.40% $4.9M	100.0K shares	Q3 2023 Held for 2y 2m	$205.2M
A Atlas Private Wealth Advisors RIA/Wealth	Juan Antonio Perez Mayo Managing Partner	2.32% $9.4M	191.2K shares	Q1 2025 Held for 8 months	$406.4M
PFS Partners, LLC RIA/Wealth	David Ryan Vollmer Managing Partner	2.32% $4.9M	98.7K shares	Q1 2022 Held for 3y 8m	$210.1M
Flaharty Asset Management, LLC RIA/Wealth	Shon Edward Flaharty CEO	2.10% $16.5M	335.0K shares	Q1 2024 Held for 1y 8m	$787.2M

Hedge Fund Spotlight

Discover hedge funds investing in KNG

Core Wealth Partners LLC

Hedge Fund • Long/Short

Portfolio ManagerAdam Senator Wiatrak

Portfolio Value: $217.4M
Positions: 177
Last Reported: Q3 2025

Sector Allocation

Position in FT Vest S&P 500 Dividend Aristocrats Target Income

Market Value: $760.4K
Shares Held: 15.4K
Portfolio Weight: 0.35%
Owned Since: 2024-Q3

Top Holding	Sector	Market Value	Weight
1 Apple AAPL	Consumer Electronics Technology	$16.5M	7.57%
2 Rockwell Automation ROK	Industrial - Machinery Industrials	$14.6M	6.70%
3 Microsoft MSFT	Software - Infrastructure Technology	$8.0M	3.70%