LMBS · First Trust Low Duration Opportunities ETF · Holdings ETF

$48.56 -0.18 (-0.37%) At close · Oct 21

Ex-dividend: $0.17 · Oct 21, 2026 Return incl. dividend (before tax) -0.02%

Volume · Oct 21 640.4K Avg daily vol (3M) 579.27K

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Institutional holdings are being reconciled with SEC filings. Holder totals and changes may be incomplete until reconciliation finishes.

Quarter:

Holders: 119

Total Value: $559,765,033

Total Shares: 11,551,075

Showing 1–100 of 119 holdings by value · page 1 of 2

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 119 13F filers · Δ vs Jun 30, 2026

Top Holder

11.7%

−3.9 pts

Top 5

33.4%

−10.7 pts

Top 10

49.5%

−6.5 pts

HHI

380

Broadly held−176

Who Holds LMBS

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 458 filers, like-for-like change +5.2%; actively managed books +5.7%; index-like books +2.5%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	38.1%	306	+5.0%	27	16
Adviser	0.2%	2	-10.5%	0	1
Bank	16.9%	16	+2.5%	0	0
Broker-dealer	13.6%	1	+11.5%	0	0
Non-US	0.0%	2	+670.5%	0	0
Holding company	16.6%	5	+2.8%	1	1
Exempt adviser	0.0%	0	—	0	0
Unknown	14.7%	126	+6.4%	12	6

Style	Share	Filers	Change	New	Exited
Index-like	15.7%	3	+2.5%	0	0
Systematic-like	0.1%	1	new	1	0
Concentrated	9.8%	135	+3.7%	18	13
Diversified active	74.4%	318	+5.8%	21	11
Unknown	0.0%	1	0.0%	0	0
Not measured	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	82.3%	298	+4.4%	18	15
Medium turnover	15.2%	105	+5.9%	13	3
High turnover	0.7%	7	+108.5%	3	1
Unknown	1.8%	48	+20.4%	6	5
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	1.8%	48	+34.7%	8	6
Medium horizon	10.9%	124	+0.8%	16	6
Long horizon	84.8%	270	+5.4%	14	10
Unknown	2.5%	16	+5.9%	2	2
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	14.0%	239	+3.7%	26	12
$1B to $10B	13.5%	145	+2.4%	10	10
$10B to $100B	16.5%	51	+5.4%	3	1
$100B or more	56.0%	23	+6.2%	1	1
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	34.6%	283	+3.7%	24	14
Pooled investment vehicles	0.2%	2	new	2	0
Registered funds and BDCs	1.8%	1	+19.7%	0	0
Pension and profit sharing plans	0.1%	3	-2.0%	0	0
Insurance companies	0.2%	1	+5.8%	0	0
Corporations	0.0%	2	+2.5%	0	1
Other investment advisers	0.3%	5	+18.3%	1	0
Other	0.1%	1	+7.6%	0	0
Diversified	0.8%	7	+4.6%	0	0
Governments and sovereign funds	0.0%	0	-100.0%	0	1
Banks and thrifts	0.0%	0	—	0	0
Charitable organizations	0.0%	0	—	0	0
Unknown	61.9%	153	+5.4%	13	8

Private funds	Share	Filers	Change	New	Exited
Hedge funds	2.1%	10	+29.0%	3	0
Private equity funds	0.2%	7	-29.1%	0	0
Venture capital funds	0.1%	3	+1.1%	0	0
Real estate funds	0.3%	4	+64.5%	1	1
Securitized asset funds	0.1%	2	+0.3%	0	0
Other private funds	3.1%	12	+8.1%	0	0
Mixed private funds	0.0%	0	—	0	0
No private funds	32.1%	267	+3.4%	23	14
Private funds, type not stated	0.1%	1	-4.8%	0	1
Unknown	61.9%	152	+5.4%	13	8

Location	Share	Filers	Change	New	Exited
United States	91.2%	450	+5.2%	40	24
Outside the US	8.8%	8	+5.0%	0	0

The Sep 30, 2026 filing window is still open, so its bar shows only the filers that have filed so far.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 8 holders with no observed 2026-03-31 13F and 13 holders with no observed 2026-06-30 13F.

Conviction and Crowding

458 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

18.6% of filers hold it in their top 10

Mar 31, 2026: 94

Holders above 5%

median weight 0.090%

Mar 31, 2026: 11

Crowding

—

shares outstanding is an issuer-wide count, not one listing's

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

shares outstanding is an issuer-wide count, not one listing's

Top 10 holders

56.0%

of 13F shares, Herfindahl 0.056

Active holders

+5.7%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 21.2 quarters

Under 1 year 4.59% 1 to 3 years 14.3% 3 years or more 81.1% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$49.18

estimated per share

Mar 31, 2026: $49.14

Quarter-end price

$49.73

implied by 13F values

Estimated gain or loss

+1.1%

price against the estimated cost

Estimated at a loss

21.9%

of costed 13F value

Estimated cost covers 19.6% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Fund Ownership of LMBS by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 16,557 shares.

Fund type	Shares	Funds
Index funds	0	0
Index ETFs	16,557	1
Active ETFs	1,412,315	2
Active funds	0	0
Unclassified	0	0
All registered funds	1,428,872	3

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

Quarterly Activity

vs Jun 30, 2026

New

Increased

Decreased

Sold Out

Unchanged

New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.

Holder count: -340

Institutional value: -88.8%

Shares held: -88.6%

Top Buyers

vs Jun 30, 2026

Institution	Added	Now Holds
Small Redhawk Wealth Advisors, Inc.	+95,740	356,372
Large ASSETMARK, INC	+94,201	737,499
Large Farther Finance Advisors, LLC	+45,757	231,276
Large Concurrent Investment Advisors, LLC	+34,589	1,349,939
Mid Trilogy Capital Inc.	+30,046	604,813

Top Sellers

vs Jun 30, 2026

Institution	Sold	Now Holds
Mid AXXCESS WEALTH MANAGEMENT, LLC	−181,733	49,201
Small SEARCY FINANCIAL SERVICES INC /ADV	−175,801	246,067
Small Heck Capital Advisors, LLC	−174,943	384,997
Mid IFP Advisors, Inc	−70,762	199,587
Small Ferguson Shapiro LLC	−64,780	4,484

Top New Positions

vs Jun 30, 2026

Institution	Acquired	Value (USD)
Small Financial Enhancement Group LLC	537,884	$26,065,858
Mid B. Riley Wealth Advisors, Inc.	12,836	$622,032
Small Ignite Planners, LLC	7,637	$370,088
Small Capital Square, LLC	4,576	$221,752
Mid Blue Trust, Inc.	3,358	$162,728

Top Sold-Out Positions

vs Jun 30, 2026

Institution	Previously Held	Last Value (USD)
Small FIG FINANCIAL ADVISORY SERVICES INC /ADV	86,743	$4,318,066
Mid PARK NATIONAL CORP /OH/	29,782	$1,482,547
Small HBW ADVISORY SERVICES LLC	7,326	$364,688
Mid Focus Financial Network, Inc.	6,255	$311,373
Small Genesee Capital Advisors, LLC	4,564	$227,195

Filter: New 7 Increased 58 Reduced 47 Sold out 10 Unchanged 7

Holder type: Registered adviser 79 Bank 1 Unknown 39

Showing 100 of 119

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

Concurrent Investment Advisors, LLC LMBS

$65,418,043

11.69%

1,349,939

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Concurrent Asset Management, LLC	247,696	$12,003,348	18.3%	Sole
Held directly	1,102,243	$53,414,695	81.7%	Sole

ASSETMARK, INC LMBS

$35,739,201

6.38%

737,499

Aaron Wealth Advisors LLC LMBS

$30,376,327

5.43%

626,833

Trilogy Capital Inc. LMBS

$29,309,237

5.24%

604,813

Financial Enhancement Group LLC LMBS

$26,065,858

4.66%

537,884

INSPIRION WEALTH ADVISORS, LLC LMBS

$20,705,504

3.70%

427,270

Heck Capital Advisors, LLC LMBS

$18,656,954

3.33%

384,997

Redhawk Wealth Advisors, Inc. LMBS

$17,269,787

3.09%

356,372

TL Private Wealth LMBS

$16,895,627

3.02%

348,651

Prism Advisors, Inc. LMBS

$16,680,222

2.98%

344,206

Fairvoy Private Wealth, LLC LMBS

$15,691,348

2.80%

323,800

Secure Asset Management, LLC LMBS

$15,481,225

2.77%

319,464

Weitzel Financial Services, Inc. LMBS

$13,389,934

2.39%

276,309

ADAMSBROWN WEALTH CONSULTANTS LLC LMBS

$12,659,641

2.26%

261,239

SEARCY FINANCIAL SERVICES INC /ADV LMBS

$11,924,406

2.13%

246,067

PFS Partners, LLC LMBS

$11,381,654

2.03%

234,867

Grove Bank & Trust LMBS

$11,289,531

2.02%

232,966

Farther Finance Advisors, LLC LMBS

$11,207,634

2.00%

231,276

Wealth Enhancement Trust Services, Inc. LMBS

$10,755,696

1.92%

221,950

LexAurum Advisors, LLC LMBS

$9,886,082

1.77%

204,005

IFP Advisors, Inc LMBS

$9,671,986

1.73%

199,587

TCP Asset Management, LLC LMBS

$9,408,460

1.68%

194,149

MRA Advisory Group LMBS

$8,271,346

1.48%

170,684

Fairway Financial, LLC LMBS

$8,261,509

1.48%

170,481

Centennial Wealth Advisory LLC LMBS

$8,239,702

1.47%

170,031

Triumph Capital Management LMBS

$5,733,205

1.02%

118,308

Wilkerson Advisory Group LLC LMBS

$5,241,772

0.94%

108,167

RiverTree Advisors, LLC LMBS

$5,021,861

0.90%

103,629

Avior Wealth Management, LLC LMBS

$4,396,145

0.79%

90,717

Atria Investments, Inc LMBS

$4,078,296

0.73%

84,158

CoreCap Advisors, LLC LMBS

$3,840,503

0.69%

79,251

Wealthcare Advisory Partners LLC LMBS

$3,489,943

0.62%

72,017

Dominguez Wealth Management Solutions, Inc. LMBS

$3,330,704

0.60%

68,731

CITY HOLDING CO LMBS

$2,835,394

0.51%

58,510

Split Rock Private Trading & Wealth Management, LLC LMBS

$2,653,281

0.47%

54,752

Plus Group Wealth Advisors LLC LMBS

$2,650,568

0.47%

54,696

INDEPENDENT FINANCIAL GROUP, LLC LMBS

$2,595,178

0.46%

53,553

Independent Wealth Network Inc. LMBS

$2,495,835

0.45%

51,503

AXXCESS WEALTH MANAGEMENT, LLC LMBS

$2,384,280

0.43%

49,201

Bigelow Investment Advisors, LLC LMBS

$2,203,088

0.39%

45,462

APS Management Group, Inc. LMBS

$2,116,635

0.38%

43,678

DAVENPORT & Co LLC LMBS

$2,077,189

0.37%

42,864

IFC & Insurance Marketing, Inc. LMBS

$2,062,602

0.37%

42,563

Chris Bulman Inc LMBS

$2,017,777

0.36%

41,638

Center For Asset Management LLC LMBS

$1,998,345

0.36%

41,237

Midwest Financial Group LLC LMBS

$1,892,605

0.34%

39,055

Wagner Wealth Management, Corp LMBS

$1,877,437

0.34%

38,742

ProCore Advisors, LLC LMBS

$1,857,617

0.33%

38,333

Ifrah Financial Services, Inc. LMBS

$1,801,209

0.32%

37,169

COTTONWOOD CAPITAL ADVISORS, LLC LMBS

$1,778,821

0.32%

36,707

Prime Capital Investment Advisors, LLC LMBS

$1,774,605

0.32%

36,620

True Blue Financial, LLC LMBS

$1,748,969

0.31%

36,091

Wisconsin Wealth Advisors, LLC LMBS

$1,699,056

0.30%

35,061

Braun-Bostich & Associates Inc. LMBS

$1,642,745

0.29%

33,899

Acorn Wealth Advisors, LLC LMBS

$1,637,657

0.29%

33,794

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC LMBS

$1,613,330

0.29%

33,292

Maia Wealth LLC LMBS

$1,580,619

0.28%

32,617

Integrated Advisors Network LLC LMBS

$1,514,326

0.27%

31,249

Beacon Financial Advisory LLC LMBS

$1,489,611

0.27%

30,739

Balefire, LLC LMBS

$1,481,955

0.26%

30,581

ATWOOD & PALMER INC LMBS

$1,309,631

0.23%

27,025

LAUREL OAK WEALTH MANAGEMENT, LLC LMBS

$1,255,114

0.22%

25,900

TCFG Investment Advisors, LLC LMBS

$1,092,579

0.20%

22,546

CHIRON CAPITAL MANAGEMENT, LLC LMBS

$1,046,881

0.19%

21,603

PRIVATE TRUST CO NA LMBS

$1,030,792

0.18%

21,271

TradeWell Securities, LLC. LMBS

$1,004,478

0.18%

20,728

Southland Equity Partners LLC LMBS

$976,129

0.17%

20,143

BAM Wealth Management, LLC LMBS

$942,643

0.17%

19,452

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GeoWealth Management, LLC	3,702	$179,398	19.0%	Other
Held directly	15,750	$763,245	81.0%	Sole

Dynamic Advisor Solutions LLC LMBS

$897,915

0.16%

18,529

Towerpoint Wealth, LLC LMBS

$815,387

0.15%

16,826

TITLEIST ASSET MANAGEMENT, LLC LMBS

$811,559

0.14%

16,747

EAGLE HARBOR ASSET MANAGEMENT INC /ADV LMBS

$792,369

0.14%

16,351

Hidden Cove Wealth Management, LLC LMBS

$775,263

0.14%

15,998

BostonPremier Wealth LLC LMBS

$740,032

0.13%

15,271

AVAII WEALTH MANAGEMENT, LLC LMBS

$725,300

0.13%

14,967

IAMS WEALTH MANAGEMENT, LLC LMBS

$704,317

0.13%

14,534

B. Riley Wealth Advisors, Inc. LMBS

$622,032

0.11%

12,836

Robertson Stephens Wealth Management, LLC LMBS

$620,094

0.11%

12,796

Ballew Advisors, Inc LMBS

$604,877

0.11%

12,482

Accurate Wealth Management, LLC LMBS

$571,246

0.10%

11,788

Realta Investment Advisors LMBS

$533,544

0.10%

11,010

Grantvest Financial Group LLC LMBS

$510,816

0.09%

10,541

COLUMBIA ADVISORY PARTNERS LLC LMBS

$473,648

0.08%

9,774

HIGHLINE WEALTH PARTNERS LLC LMBS

$419,566

0.07%

8,658

Family Legacy, Inc. LMBS

$412,539

0.07%

8,513

BankPlus Wealth Management LLC LMBS

$385,741

0.07%

7,960

Ignite Planners, LLC LMBS

$370,088

0.07%

7,637

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ZACKS INVESTMENT MANAGEMENT	1,376	$66,680	18.0%	Defined
Held directly	6,261	$303,408	82.0%	Sole

PFG Advisors LMBS

$362,141

0.06%

7,473

Milestones Private Investment Advisors LLC LMBS

$360,833

0.06%

7,446

NOVEM GROUP LMBS

$349,881

0.06%

7,220

Sowell Financial Services LLC LMBS

$330,109

0.06%

6,812

Commonwealth Financial Services, LLC LMBS

$328,074

0.06%

6,770

Cornell Pochily Investment Advisors, Inc. LMBS

$303,844

0.05%

6,270

WINEBRENNER CAPITAL MANAGEMENT LLC LMBS

$288,143

0.05%

5,946

Balboa Wealth Partners LMBS

$280,292

0.05%

5,784

Signal Advisors Wealth, LLC LMBS

$257,128

0.05%

5,306

TrueWealth Advisors, LLC LMBS

$248,212

0.04%

5,122

SMITHBRIDGE ASSET MANAGEMENT INC/DE LMBS

$242,348

0.04%

5,001

PRIVATE CLIENT SERVICES, LLC LMBS

$238,713

0.04%

4,926

USAdvisors Wealth Management, LLC LMBS

$229,797

0.04%

4,742

Showing the top 100 of 119 holders. Create a free account to see every holder, past quarters, search, filters and CSV export.