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Who owns FCAL?

Institutional ownership of First Trust California Municipal High income ETF from Form 13F, Q2 2026

87 institutional managers reported holding First Trust California Municipal High income ETF (FCAL) in Form 13F filings for Q2 2026, with 2,932,405 shares worth $145M. The largest reported holder was LPL Financial LLC. Managers that filed both quarters added a net 74,576 shares (+2.6%). 15 opened new positions and 7 sold out.

Funds holding
87
Value held
$145M
New / sold out
15 / 7
Net shares, same filers
+2.6%

Holdings as of June 30, 2026, the end of Q2 2026. Managers have 45 days after a quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

Largest holders of FCAL

FundValueShare of 13F holdingsSharesMove
LPL Financial LLC$51.3M35.2%1,032,799Added
Morgan Stanley$10.7M7.4%216,147Trimmed
Citizens Business Bank$5.9M4.0%118,489Trimmed
Westside Investment Management, Inc.$5.2M3.5%103,785Trimmed
Guggenheim Capital LLC$4.6M3.2%93,217Trimmed
Cetera Investment Advisers$4.3M2.9%86,212Trimmed
Ignite Planners, LLC$3.7M2.7%80,134Added
Osaic Holdings, Inc.$2.7M1.9%55,361Added
Elequin Capital, LP$2.7M1.8%54,092New
UBS Group AG$2.2M1.5%45,083Added
Channel Wealth LLC$2.2M1.5%44,985Added
Magnus Financial Group LLC$2.2M1.5%44,624Added
HighTower Advisors, LLC$2.2M1.5%43,481Added
Mariner, LLC$2.1M1.4%42,483Trimmed
Integral Investment Advisors, Inc.$1.9M1.3%37,730Added
Stonebridge Financial Group, LLC$1.9M1.3%37,613First report
Compound Planning, Inc.$1.7M1.2%35,043Trimmed
Cerity Partners LLC$1.7M1.2%34,375Trimmed
Hennion & Walsh Asset Management, Inc.$1.7M1.1%33,563Added
Composition Wealth, LLC$1.7M1.1%33,370Trimmed
Golden State Wealth Management, LLC$1.6M1.1%32,001Added
Cambridge Investment Research Advisors, Inc.$1.6M1.1%31,832Added
Mgo One Seven LLC$1.5M1.1%31,195Added
Southland Equity Partners LLC$1.5M1.0%30,129Trimmed
Navigation Group, LLC$1.5M1.0%29,536Unchanged

Share of 13F holdings is each fund's shares as a share of the 2,932,405 FCAL shares all 13F filers reported, not of shares outstanding.

Biggest buyers in Q2 2026

  1. LPL Financial LLC Added+$4.5M
  2. Elequin Capital, LP New+$2.7M
  3. Osaic Holdings, Inc. Added+$1.3M
  4. Savvy Advisors, Inc. New+$1.0M
  5. Ignite Planners, LLC Added+$930K
  6. Cascade Financial Partners, LLC New+$899K
  7. HighTower Advisors, LLC Added+$763K
  8. Golden State Wealth Management, LLC Added+$682K
  9. Precision Wealth Strategies, LLC New+$668K
  10. Cambridge Investment Research Advisors, Inc. Added+$652K

Biggest sellers in Q2 2026

  1. Composition Wealth, LLC Trimmed-$5.5M
  2. Mariner, LLC Trimmed-$2.4M
  3. Susquehanna International Group, LLP Sold out-$1.7M
  4. Old Mission Capital LLC Sold out-$962K
  5. Jane Street Group, LLC Trimmed-$712K
  6. Entruity Wealth, LLC Trimmed-$694K
  7. Morgan Stanley Trimmed-$636K
  8. Flow Traders U.s. LLC Sold out-$594K
  9. Clifford Swan Investment Counsel LLC Sold out-$555K
  10. Compound Planning, Inc. Trimmed-$429K

The change in shares since the quarter before, adjusted for stock splits and priced at the Q2 2026 value per share. Funds bought $20.1M and sold $16.4M; 30 added and 26 trimmed.

Questions about FCAL ownership

Who owns FCAL stock?
87 institutional investment managers reported FCAL positions in their Form 13F filings for Q2 2026, holding 2,932,405 shares worth $145M in total. LPL Financial LLC reported the largest position.
Are funds buying or selling FCAL?
In Q2 2026, 15 managers opened new FCAL positions, 30 added, 26 trimmed and 7 sold out. Managers that filed in both quarters added a net 74,576 shares.
How current is this FCAL institutional ownership data?
It covers holdings as of the end of Q2 2026. Managers have 45 days after the quarter ends to file Form 13F (by August 14, 2026 for Q2 2026), so positions may have changed since.

From the SEC's Form 13F data sets for Q2 2026: every 13F holdings report, matched to FCAL by CUSIP. Options are left out. FCAL news and filings · FCAL insider trades · Top funds