| 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.
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 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 208,603 | $10,287,523 | +$317,779 | $49.31 | 15 |
| 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 |