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
$49.31
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
2,628,114
Total reported value
$128,176,906
% of total 13F portfolios
0%
Share change
-1,909,201
Value change
-$93,028,606
Number of holders
74
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 30 Sep 2025, 74 institutional investors reported holding 2,628,114 shares of First Trust Exchange-Traded Fund III - First Trust California Municipal High Income ETF (FCAL). This represents 68% 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 59% 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 22% 850,533 +8% 0.01% $41,480,483
MORGAN STANLEY 5.4% 209,544 -0.64% 0% $10,219,491
Miracle Mile Advisors, LLC 4% 153,234 -92% 0.11% $7,473,212
Citizens Business Bank 3.2% 124,520 -0.95% 1% $6,072,841
Westside Investment Management, Inc. 2.9% 110,445 +0.32% 0.86% $5,388,572
GUGGENHEIM CAPITAL LLC 2.6% 102,046 -3.3% 0.04% $4,976,783
ROYAL BANK OF CANADA 2% 75,124 -1.6% 0% $3,664,000
Cetera Investment Advisers 1.9% 74,670 +13% 0% $3,641,687
Southland Equity Partners LLC 1.4% 54,037 -0.36% 0.53% $2,635,374
Ignite Planners, LLC 1.4% 52,921 +15% 0.42% $2,580,957
Mariner, LLC 1.2% 47,503 -20% 0% $2,316,696
Compound Planning, Inc. 1.2% 45,065 -7.4% 0.07% $2,197,820
Magnus Financial Group LLC 1.1% 43,049 +5.6% 0.17% $2,099,500
UBS Group AG 1% 39,908 -10% 0% $1,946,313
Running Point Capital Advisors, LLC 0.94% 36,287 +2.5% 0.47% $1,769,717
OSAIC HOLDINGS, INC. 0.87% 33,558 +50% 0% $1,623,806
INTEGRAL INVESTMENT ADVISORS, INC. 0.8% 30,655 +13% 0.4% $1,495,044
MGO ONE SEVEN LLC 0.78% 29,875 -14% 0.03% $1,457,004
HighTower Advisors, LLC 0.69% 26,567 +17% 0% $1,295,663
CHANNEL WEALTH LLC 0.57% 22,116 -30% 0.29% $1,078,597
Mutual Advisors, LLC 0.56% 21,666 +0.05% 0.02% $1,069,096
Entruity Wealth, LLC 0.54% 20,735 +1.1% 0.78% $1,011,246
Envestnet Portfolio Solutions, Inc. 0.53% 20,407 +9.4% 0% $995,249
Rockefeller Capital Management L.P. 0.52% 20,000 -31% 0% $975,400
COMMONWEALTH EQUITY SERVICES, LLC 0.49% 18,921 +2.2% 0% $923,000

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 80,798 $3,985,814 +$262,255 $49.31 5
2025 Q3 2,628,114 $128,176,906 -$93,028,606 $48.77 74
2025 Q2 4,570,287 $219,200,592 +$9,524,541 $47.97 80
2025 Q1 4,353,024 $211,179,229 +$195,870 $48.54 75
2024 Q4 4,339,595 $214,250,467 +$20,665,178 $49.37 68
2024 Q3 3,892,803 $195,321,739 +$11,808,456 $50.18 59
2024 Q2 3,658,934 $181,195,747 +$20,652,227 $49.52 53
2024 Q1 3,241,442 $160,936,549 +$27,267,883 $49.65 50
2023 Q4 2,501,060 $124,827,619 +$21,745,386 $49.91 51
2023 Q3 2,143,069 $101,237,863 +$8,582,948 $47.24 41
2023 Q2 1,958,810 $95,961,798 +$31,252,388 $48.99 44
2023 Q1 1,320,906 $65,027,806 +$7,189,546 $49.23 36
2022 Q4 1,175,052 $56,861,629 -$15,826,015 $48.39 36
2022 Q3 1,504,490 $70,439,146 -$852,595 $46.82 36
2022 Q2 1,526,079 $73,822,258 +$3,171,272 $48.37 38
2022 Q1 1,436,334 $73,147,876 +$13,205,487 $50.95 35
2021 Q4 1,176,876 $64,414,543 +$13,575,327 $54.73 35
2021 Q3 908,078 $49,510,856 -$5,620,393 $54.52 31
2021 Q2 1,010,652 $55,651,024 +$851,145 $55.06 28
2021 Q1 998,275 $53,840,409 -$6,435,392 $53.93 30
2020 Q4 1,117,552 $60,456,494 +$3,565,969 $54.10 30
2020 Q3 1,006,742 $53,147,000 +$2,381,286 $52.78 26
2020 Q2 950,169 $49,596,000 -$1,149,941 $52.19 24
2020 Q1 969,879 $49,570,000 +$9,135,364 $51.11 19
2019 Q4 789,101 $42,139,000 +$11,580,263 $53.40 18
2019 Q3 572,280 $30,476,000 +$10,007,816 $53.25 18
2019 Q2 384,507 $20,170,000 +$4,469,345 $52.46 15
2019 Q1 299,191 $15,370,000 -$2,171,208 $51.39 8
2018 Q4 288,850 $14,502,000 +$1,774,411 $50.21 8
2018 Q3 253,503 $12,631,000 +$3,786,876 $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 +$119,867 $51.57 5
2017 Q3 186,840 $9,455,000 -$665,260 $50.62 4
2017 Q2 200,000 $9,975,000 +$9,975,000 $49.88 1