First Trust Exchange-Traded Fund III - First Trust California Municipal High Income ETF (FCAL) Institutional Ownership

13F Institutional Holders and Ownership History from Q2 2017 to Q4 2025

Type / Class
Equity / First Trust California Municipal High Income ETF
Symbol
FCAL
Shares outstanding
3,850,925
Price per share
$49.48
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
2,686,052
Total reported value
$132,458,819
% of total 13F portfolios
0%
Share change
+36,859
Value change
+$1,901,576
Number of holders
78
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of First Trust Exchange-Traded Fund III - First Trust California Municipal High Income ETF (FCAL) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
FIRST TRUST PORTFOLIOS LP 5.6% $10,554,901 216,422 First Trust Portfolios L.P. 30 Sep 2025

As of 31 Dec 2025, 78 institutional investors reported holding 2,686,052 shares of First Trust Exchange-Traded Fund III - First Trust California Municipal High Income ETF (FCAL). This represents 70% of the company’s total 3,850,925 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of First Trust Exchange-Traded Fund III - First Trust California Municipal High Income ETF (FCAL) together control 60% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
LPL Financial LLC 23% 872,810 +2.6% 0.01% $43,035,739
MORGAN STANLEY 5.7% 218,423 +4.2% 0% $10,769,824
Composition Wealth, LLC 3.9% 149,500 -2.4% 0.11% $7,371,415
Westside Investment Management, Inc. 2.8% 106,615 -3.5% 0.84% $5,257,431
GUGGENHEIM CAPITAL LLC 2.6% 98,264 -3.7% 0.04% $4,845,398
Cetera Investment Advisers 2.1% 79,558 +6.5% 0% $3,922,763
JANE STREET GROUP, LLC 1.9% 72,491 +341% 0% $3,574,321
ROYAL BANK OF CANADA 1.8% 69,909 -6.9% 0% $3,447,000
Rockefeller Capital Management L.P. 1.7% 66,971 +235% 0.01% $3,302,194
Ignite Planners, LLC 1.6% 60,382 +14% 0.46% $2,991,928
Mariner, LLC 1.3% 50,604 +6.5% 0% $2,495,117
Magnus Financial Group LLC 1.1% 44,094 +2.4% 0.17% $2,174,147
Southland Equity Partners LLC 1.1% 43,439 -20% 0.42% $2,141,861
UBS Group AG 1.1% 43,252 +8.4% 0% $2,132,626
Compound Planning, Inc. 1.1% 41,953 -6.9% 0.06% $2,068,581
Running Point Capital Advisors, LLC 1% 39,693 +9.4% 0.53% $1,957,147
CHANNEL WEALTH LLC 0.9% 34,509 +56% 0.43% $1,701,539
OSAIC HOLDINGS, INC. 0.85% 32,671 -2.6% 0% $1,611,405
INTEGRAL INVESTMENT ADVISORS, INC. 0.84% 32,505 +6% 0.4% $1,602,727
MGO ONE SEVEN LLC 0.75% 28,875 -3.3% 0.03% $1,423,743
HighTower Advisors, LLC 0.69% 26,752 +0.7% 0% $1,319,060
Entruity Wealth, LLC 0.55% 21,101 +1.8% 0.74% $1,040,429
Mutual Advisors, LLC 0.52% 20,130 -7.1% 0.02% $992,540
Golden State Wealth Management, LLC 0.51% 19,541 +14% 0.1% $963,547
COMMONWEALTH EQUITY SERVICES, LLC 0.5% 19,146 +1.2% 0% $944,030

Institutional Holders of First Trust Exchange-Traded Fund III - First Trust California Municipal High Income ETF (FCAL) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 2,686,052 $132,458,819 +$1,901,576 $49.31 78
2025 Q3 2,628,114 $128,176,906 -$93,028,668 $48.77 74
2025 Q2 4,570,287 $219,200,592 +$9,524,542 $47.97 80
2025 Q1 4,353,024 $211,179,229 +$195,869 $48.54 75
2024 Q4 4,346,609 $214,587,353 +$20,762,256 $49.37 69
2024 Q3 3,892,803 $195,321,739 +$11,808,456 $50.18 59
2024 Q2 3,658,934 $181,195,747 +$20,652,228 $49.52 53
2024 Q1 3,241,442 $160,936,549 +$27,983,740 $49.65 50
2023 Q4 2,678,797 $133,698,473 +$22,916,224 $49.91 52
2023 Q3 2,143,069 $101,237,863 +$8,582,954 $47.24 41
2023 Q2 1,958,810 $95,961,798 +$31,252,385 $48.99 44
2023 Q1 1,320,906 $65,027,806 +$7,189,548 $49.23 36
2022 Q4 1,175,052 $394,903,249 +$246,612,455 $48.39 36
2022 Q3 1,504,490 $70,439,146 -$347,858 $46.82 36
2022 Q2 1,526,079 $73,822,258 +$3,711,537 $48.37 38
2022 Q1 1,436,334 $73,147,876 +$13,122,012 $50.95 35
2021 Q4 1,176,876 $64,414,543 +$13,575,331 $54.73 35
2021 Q3 908,078 $49,510,856 -$5,620,390 $54.52 31
2021 Q2 1,010,652 $55,651,024 +$851,148 $55.06 28
2021 Q1 998,275 $53,840,409 -$6,435,393 $53.93 30
2020 Q4 1,117,552 $60,456,494 +$3,565,968 $54.10 30
2020 Q3 1,006,742 $53,147,000 +$2,381,288 $52.78 26
2020 Q2 950,169 $49,596,000 -$957,887 $52.19 24
2020 Q1 969,879 $49,570,000 +$9,135,368 $51.11 19
2019 Q4 789,101 $42,139,000 +$11,580,258 $53.40 18
2019 Q3 572,280 $30,476,000 +$10,007,812 $53.25 18
2019 Q2 384,507 $20,170,000 +$4,485,344 $52.46 15
2019 Q1 299,191 $15,370,000 -$2,171,209 $51.39 8
2018 Q4 288,850 $14,502,000 +$1,774,408 $50.21 8
2018 Q3 253,503 $12,631,000 +$3,935,875 $49.83 9
2018 Q2 174,496 $8,748,000 +$1,331,917 $50.10 6
2018 Q1 147,971 $7,443,000 -$2,076,330 $50.30 4
2017 Q4 189,161 $9,756,000 +$119,865 $51.57 5
2017 Q3 186,840 $9,455,000 -$665,261 $50.62 4
2017 Q2 200,000 $9,975,000 +$9,975,000 $49.88 1