Latest Period
Q4 2025
Security Snapshot
First Trust Exchange-Traded Fund III - First Trust California Municipal High Income ETF (FCAL) Institutional Ownership
CUSIP: 33739P863
13F Institutional Holders and Ownership History from Q2 2017 to Q1 2026
Institutions Reporting
78
Shares (Excl. Options)
2,686,052
Price
$49.31
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- Type / Class
- Equity / First Trust California Municipal High Income ETF
- Symbol
- FCAL
- Shares outstanding
- 3,850,925
- Price per share
- $49.35
- 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
Quick Takeaways
- FCAL - First Trust Exchange-Traded Fund III - First Trust California Municipal High Income ETF is tracked under CUSIP 33739P863.
- 78 institutions reported positions in Q4 2025.
- 1 significant owner is listed from Schedule 13D/13G reporting.
What Changed
- Holder count moved from 78 to 55 between Q4 2025 and Q1 2026.
- Reported value moved from $132,458,819 to $106,793,623.
Why This Matters
- You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
- 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.
Source Evidence
Source: SEC Form 13F
Open SEC Evidence
Latest holder context comes from 78 institutions filings for Q4 2025.
Investment Quick Answers
What is CUSIP 33739P863?
CUSIP 33739P863 identifies FCAL - First Trust Exchange-Traded Fund III - First Trust California Municipal High Income ETF in SEC 13F datasets.
Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.
Next ownership checks
Use the next link that matches the question you still need to answer about this security.
- Latest 13F filings when you want to inspect fresh institutional portfolio moves.
- Latest Schedule 13D/13G reports when you need large-owner changes outside the 13F cycle.
- All institutional ownership pages to compare this security with other holder-history pages.
Recent Quarterly Holder Reports
Open recent reporting periods for CUSIP 33739P863:
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 |
|---|---|---|---|---|---|
| 2026 Q1 | 2,184,215 | $106,793,623 | +$7,444,466 | $48.89 | 55 |
| 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 |