First Trust Advisors LP
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), First Trust Advisors LP reported 2,621 stock positions worth $137.4 billion. Its top holding was Cisco Systems (CSCO) at 1.5% of the portfolio, followed by Nvidia (NVDA, 1.3%) and Microsoft (MSFT, 1.3%). Compared with Q3 2025, it opened 173 new positions, sold out of 117, added to 1,365 and reduced 1,069. The biggest buy was a new position in First Trust Indxx Aero & Def (MISL) and the biggest sale an exit from First Trust Indst/Producers (FXR).
- Most Recent 13F
- Q2 2026
- Location
- Wheaton, IL
- CIK
- 0001125816
- Portfolio Value
- $137.4B (Q4 2025)
- SEC Filing
- 0001445546-26-001219 ↗ filed Feb 13, 2026
Holdings Value
Holdings 2,621 stocks · $137.4B
| CSCO Cisco Systems Inc. | 1.45% | 25,886,228 | $2.0B | Reduce -11.3% |
| NVDA Nvidia Corp. | 1.34% | 9,889,747 | $1.8B | Add +24.3% |
| MSFT Microsoft Corp. | 1.28% | 3,630,393 | $1.8B | Add +12.7% |
| AVGO Broadcom Inc. | 1.20% | 4,754,866 | $1.6B | Reduce -10.5% |
| GOOGL Alphabet Inc. Class A | 1.11% | 4,850,995 | $1.5B | Reduce -12.4% |
| META Meta Platforms Inc. Class A | 1.03% | 2,148,785 | $1.4B | Add +0.7% |
| AMZN Amazon.com Inc. | 0.88% | 5,229,817 | $1.2B | Reduce -4.3% |
| AAPL Apple Inc. | 0.85% | 4,313,072 | $1.2B | Add +1.9% |
| PANW Palo Alto Networks Inc. | 0.83% | 6,193,015 | $1.1B | Add +4.8% |
| INFY Infosys Ltd.-SP ADR | 0.76% | 58,456,448 | $1.0B | Reduce -1.5% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.76% | 2,216,241 | $1.0B | Reduce -14.8% |
| LRCX Lam Research Corp. | 0.70% | 5,599,798 | $958.6M | Add +16.4% |
| CRM Salesforce Inc. | 0.65% | 3,354,702 | $888.7M | Reduce -0.2% |
| MISL First Trust Indxx Aero & Def | 0.58% | 18,592,390 | $795.6M | New |
| KLAC KLA Corp. | 0.58% | 653,986 | $794.6M | Reduce -6.1% |
| NET Cloudflare Inc. Class A | 0.58% | 4,019,157 | $792.4M | Add +1.6% |
| XOM Exxon Mobil Corp. | 0.58% | 6,579,548 | $791.8M | Reduce -8.5% |
| AMAT Applied Materials Inc. | 0.56% | 3,015,458 | $774.9M | Reduce -2.8% |
| FXO First Trust Financial Alphad | 0.56% | 12,683,088 | $765.4M | Reduce -4.1% |
| FXU First Trust Utilities Alphad | 0.55% | 16,901,242 | $760.7M | Add +5.3% |
| FDN First Trust DJ Internet Ind | 0.55% | 2,804,361 | $754.9M | Reduce -8.3% |
| BKNG Booking Holdings Inc. | 0.54% | 139,662 | $747.9M | Reduce -5.0% |
| FTXL First Trust Nasdaq Semicondu | 0.54% | 5,680,966 | $735.9M | New |
| NFLX Netflix Inc. | 0.52% | 7,615,075 | $714.0M | Add +2.3% |
| FFIV F5 Inc. | 0.51% | 2,753,652 | $702.9M | Add +68.5% |
| CTSH Cognizant Tech Solutions-A | 0.50% | 8,212,204 | $681.6M | Reduce -9.6% |
| V Visa Inc. Class A | 0.49% | 1,938,047 | $679.7M | Add +7.3% |
| SNA Snap-on Inc. | 0.49% | 1,967,608 | $678.0M | Add +2.7% |
| QCOM Qualcomm Inc. | 0.49% | 3,908,710 | $668.6M | Add +0.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.48% | 2,213,327 | $655.6M | Reduce -27.5% |
| MLI Mueller Industries Inc. | 0.46% | 5,560,969 | $638.4M | Reduce -1.4% |
| VZ Verizon Communications Inc. | 0.46% | 15,672,026 | $638.3M | Add +11.2% |
| MPWR Monolithic Power Systems Inc. | 0.46% | 701,454 | $635.8M | Add +56.6% |
| FTNT Fortinet Inc. | 0.46% | 7,907,686 | $627.9M | Add +4.4% |
| ROST Ross Stores Inc. | 0.46% | 3,481,278 | $627.1M | Reduce -13.9% |
| CVX Chevron Corp. | 0.46% | 4,107,660 | $626.0M | Reduce -1.3% |
| JPM JPMorgan Chase & Co. | 0.45% | 1,922,098 | $619.3M | Add +7.0% |
| GE General Electric filed as GE AEROSPACE | 0.43% | 1,932,948 | $595.4M | Add +53.1% |
| AKAM Akamai Technologies Inc. | 0.43% | 6,752,000 | $589.1M | Add +16.5% |
| ZS Zscaler Inc. | 0.42% | 2,582,897 | $580.9M | Add +15.9% |
| ADP Automatic Data Processing | 0.42% | 2,248,504 | $578.4M | Add +6.7% |
| ORCL Oracle Corp. | 0.42% | 2,947,500 | $574.5M | Add +21.3% |
| ABT Abbott Laboratories | 0.41% | 4,543,652 | $569.3M | Add +17.3% |
| PEP Pepsico Inc. | 0.40% | 3,812,387 | $547.2M | Reduce -7.0% |
| GEV GE Vernova Inc. | 0.40% | 835,278 | $545.9M | Add +28.4% |
| PNC PNC Financial Services Group | 0.40% | 2,601,151 | $542.9M | Add +30.1% |
| GEN Gen Digital Inc. | 0.39% | 19,941,546 | $542.2M | Add +22.3% |
| RBRK Rubrik Inc. Class A | 0.39% | 7,064,057 | $540.3M | Add +42.8% |
| JCI Johnson Controls Internation | 0.39% | 4,490,828 | $537.8M | Add +27.6% |
| ETN Eaton Corp. PLC | 0.38% | 1,655,800 | $527.4M | Add +30.2% |
| OKTA Okta Inc. | 0.38% | 6,030,090 | $521.4M | Add +28.2% |
| EWBC East West Bancorp Inc. | 0.38% | 4,620,772 | $519.3M | Add +7.1% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.37% | 4,394,667 | $510.2M | Reduce -2.0% |
| COST Costco Wholesale Corp. | 0.37% | 586,470 | $505.7M | Add +19.7% |
| ANET Arista Networks Inc. | 0.36% | 3,801,901 | $498.2M | Reduce -2.0% |
| LDOS Leidos Holdings Inc. | 0.36% | 2,750,742 | $496.2M | Reduce -1.1% |
| RJF Raymond James Financial Inc. | 0.36% | 3,071,996 | $493.3M | Add +18.3% |
| CHKP Check Point Software Tech | 0.36% | 2,654,602 | $492.6M | Add +6.3% |
| DOV Dover Corp. | 0.36% | 2,509,217 | $489.9M | Add +179.7% |
| MRK Merck & Co. Inc. | 0.35% | 4,628,360 | $487.2M | Reduce -7.7% |
| MA Mastercard Inc. Class A | 0.35% | 850,372 | $485.5M | Add +0.9% |
| CB Chubb Ltd. | 0.35% | 1,525,798 | $476.2M | Add +6.0% |
| AXP American Express Co. | 0.34% | 1,279,979 | $473.5M | Reduce -3.2% |
| PHM Pultegroup Inc. | 0.34% | 4,000,920 | $469.1M | Add +10.4% |
| VLTO Veralto Corp. | 0.34% | 4,678,084 | $466.8M | Add +33.3% |
| PFE Pfizer Inc. | 0.34% | 18,731,417 | $466.4M | Add +2.7% |
| STT State Street Corp. | 0.34% | 3,582,977 | $462.2M | Add +30.4% |
| TRV The Travelers Cos Inc. | 0.34% | 1,590,125 | $461.2M | Add +6.7% |
| GOOG Alphabet Inc. Class C | 0.33% | 1,443,163 | $452.9M | Reduce -27.5% |
| HIG Hartford Insurance Group Inc. | 0.33% | 3,271,691 | $450.8M | Add +3.5% |
| FIX Comfort Systems USA Inc. | 0.33% | 482,099 | $449.9M | Reduce -6.1% |
| PCAR Paccar Inc. | 0.32% | 4,054,998 | $444.1M | Reduce -5.3% |
| TXN Texas Instruments Inc. | 0.32% | 2,546,613 | $441.8M | Add +12.1% |
| EBAY eBay Inc. | 0.32% | 5,034,188 | $438.5M | Reduce -39.4% |
| WSM Williams-Sonoma Inc. | 0.32% | 2,440,452 | $435.8M | Add +7.5% |
| JNJ Johnson & Johnson | 0.31% | 2,075,502 | $429.5M | Reduce -7.2% |
| ACN Accenture PLC Class A | 0.31% | 1,582,845 | $424.7M | Reduce -22.5% |
| BKR Baker Hughes Co. | 0.31% | 9,288,763 | $423.0M | Reduce -0.4% |
| TSLA Tesla Inc. | 0.31% | 940,255 | $422.9M | Add +10.3% |
| SYF Synchrony Financial | 0.31% | 5,056,659 | $421.9M | Reduce -0.9% |
| DASH DoorDash Inc. Class A | 0.30% | 1,828,907 | $414.2M | Add +2.1% |
| BAH Booz Allen Hamilton Holdings | 0.30% | 4,856,528 | $409.7M | Add +36.0% |
| AMP Ameriprise Financial Inc. | 0.30% | 828,437 | $406.2M | Add +85.5% |
| MU Micron Technology Inc. | 0.29% | 1,376,092 | $392.8M | Add +12.8% |
| ACM Aecom | 0.28% | 4,080,140 | $389.0M | Reduce -3.2% |
| CMCSA Comcast Corp. Class A | 0.28% | 12,961,247 | $387.4M | Add +14.6% |
| MO Altria Group Inc. | 0.28% | 6,671,970 | $384.7M | Add +15.7% |
| OTEX Open Text Corp. | 0.27% | 11,493,714 | $374.4M | Add +27.3% |
| APP AppLovin Corp. Class A | 0.27% | 544,690 | $367.0M | Reduce -3.1% |
| RMD Resmed Inc. | 0.27% | 1,517,592 | $365.5M | Add +240.9% |
| UNM Unum Group | 0.26% | 4,681,079 | $362.8M | Reduce -18.4% |
| EME Emcor Group Inc. | 0.26% | 587,457 | $359.4M | Add +12.6% |
| PWR Quanta Services Inc. | 0.26% | 848,388 | $358.1M | Add +4.4% |
| ALL Allstate Corp. | 0.26% | 1,710,153 | $356.0M | Add +57.7% |
| CBOE Cboe Global Markets Inc. | 0.26% | 1,413,984 | $354.9M | Reduce -2.6% |
| WMS Advanced Drainage Systems Inc. | 0.26% | 2,422,676 | $350.9M | Add +0.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.24% | 3,280,854 | $335.9M | Add +126.5% |
| GD General Dynamics Corp. | 0.24% | 978,351 | $329.4M | Add +23.3% |
| WMT Walmart Inc. | 0.24% | 2,911,750 | $324.4M | Add +0.6% |
| EOG EOG Resources Inc. | 0.23% | 2,977,912 | $312.7M | Add +70.5% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $212.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 158,755 | $192.4M | No change |
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 13,936 | $17.4M | Reduce -50.0% |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | 120,889 | $3.0M | Add +0.6% |
Total filed on the 13F, all lines: $137.6B.
Portfolio Sells Q3 2025 → Q4 2025
| FXR First Trust Indst/Producers | Sold out | 0.00% | −0.58 |
| QQXT First Trust Nasdaq-100 Ex-Te | Sold out | 0.00% | −0.53 |
| CYBR Cyberark Software Ltd./Israel | Reduce -99.3% | 0.00% | −0.38 |
| EBAY eBay Inc. | Reduce -39.4% | 0.32% | −0.24 |
| EA Electronic Arts Inc. | Reduce -50.7% | 0.23% | −0.24 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -14.8% | 0.76% | −0.19 |
| IBM Intl Business Machines Corp. | Reduce -27.5% | 0.48% | −0.17 |
| ACGL Arch Capital Group Ltd. | Reduce -77.9% | 0.04% | −0.15 |
| RBLX Roblox Corp. Class A | Reduce -18.7% | 0.12% | −0.14 |
| HSY The Hershey Co. | Reduce -79.3% | 0.03% | −0.14 |
| NVR NVR Inc. | Reduce -90.3% | 0.01% | −0.14 |
| AON Aon PLC Class A | Reduce -93.1% | 0.01% | −0.14 |
| ACM Aecom | Reduce -3.2% | 0.28% | −0.13 |
| GILD Gilead Sciences Inc. | Reduce -53.2% | 0.13% | −0.13 |
| ADSK Autodesk Inc. | Reduce -49.2% | 0.10% | −0.12 |
| AVGO Broadcom Inc. | Reduce -10.5% | 1.20% | −0.11 |
| NTRS Northern Trust Corp. | Reduce -55.1% | 0.09% | −0.11 |
| VRSK Verisk Analytics Inc. | Reduce -66.7% | 0.04% | −0.10 |
| IT Gartner Inc. | Reduce -94.7% | 0.00% | −0.09 |
| FDN First Trust DJ Internet Ind | Reduce -8.3% | 0.55% | −0.09 |
| CF CF Industries Holdings Inc. | Reduce -64.7% | 0.04% | −0.09 |
| LMT Lockheed Martin Corp. | Reduce -39.8% | 0.11% | −0.08 |
| BLK BlackRock Inc. | Reduce -23.1% | 0.17% | −0.08 |
| EG Everest Group Ltd. | Reduce -82.5% | 0.01% | −0.07 |
| DHI D.R. Horton Inc. | Reduce -34.3% | 0.09% | −0.07 |
| AFL Aflac Inc. | Reduce -40.0% | 0.10% | −0.07 |
| LEN Lennar Corp. Class A | Reduce -19.2% | 0.13% | −0.07 |
| UNM Unum Group | Reduce -18.4% | 0.26% | −0.07 |
| GFS Globalfoundries Inc. | Reduce -95.0% | 0.00% | −0.07 |
| ACN Accenture PLC Class A | Reduce -22.5% | 0.31% | −0.07 |
| DRS Leonardo DRS Inc. | Reduce -34.1% | 0.06% | −0.06 |
| PYPL PayPal Holdings Inc. | Reduce -20.8% | 0.13% | −0.06 |
| CPRT Copart Inc. | Reduce -9.8% | 0.20% | −0.06 |
| CDW CDW Corp. | Reduce -72.4% | 0.02% | −0.06 |
| HD Home Depot Inc. | Reduce -9.8% | 0.18% | −0.06 |
| ANET Arista Networks Inc. | Reduce -2.0% | 0.36% | −0.06 |
| WRB WR Berkley Corp. | Reduce -14.8% | 0.18% | −0.06 |
| WERN Werner Enterprises Inc. | Reduce -95.7% | 0.00% | −0.06 |
| KTOS Kratos Defense & Security | Reduce -7.1% | 0.16% | −0.05 |
| WTFC Wintrust Financial Corp. | Reduce -27.5% | 0.15% | −0.05 |
| CTAS Cintas Corp. | Reduce -75.6% | 0.01% | −0.05 |
| VEEV Veeva Systems Inc. Class A | Reduce -7.8% | 0.10% | −0.05 |
| BKNG Booking Holdings Inc. | Reduce -5.0% | 0.54% | −0.05 |
| KHC The Kraft Heinz Co. | Reduce -32.8% | 0.07% | −0.05 |
| XEL Xcel Energy Inc. | Reduce -29.2% | 0.08% | −0.05 |
| AIT Applied Industrial Tech Inc. | Reduce -21.9% | 0.14% | −0.05 |
| AAON Aaon Inc. | Reduce -14.7% | 0.09% | −0.04 |
| LIN Linde PLC | Reduce -9.2% | 0.17% | −0.04 |
| OTTR Otter Tail Corp. | Reduce -44.6% | 0.05% | −0.04 |
| AOS Smith (a.o.) Corp. | Reduce -21.7% | 0.10% | −0.04 |
Portfolio Buys Q3 2025 → Q4 2025
| MISL First Trust Indxx Aero & Def | New | 0.58% | +0.58 |
| FTXL First Trust Nasdaq Semicondu | New | 0.54% | +0.54 |
| DOV Dover Corp. | Add +179.7% | 0.36% | +0.24 |
| NVDA Nvidia Corp. | Add +24.3% | 1.34% | +0.24 |
| LRCX Lam Research Corp. | Add +16.4% | 0.70% | +0.22 |
| RMD Resmed Inc. | Add +240.9% | 0.27% | +0.18 |
| MPWR Monolithic Power Systems Inc. | Add +56.6% | 0.46% | +0.16 |
| CMI Cummins Inc. | Add +245.1% | 0.20% | +0.15 |
| GE General Electric | Add +53.1% | 0.43% | +0.15 |
| ABBV Abbvie Inc. | Add +170.2% | 0.22% | +0.14 |
| MU Micron Technology Inc. | Add +12.8% | 0.29% | +0.13 |
| TROW T Rowe Price Group Inc. | Add +126.5% | 0.24% | +0.13 |
| AMP Ameriprise Financial Inc. | Add +85.5% | 0.30% | +0.13 |
| MCO Moody's Corp. | Add +315.6% | 0.16% | +0.12 |
| MMM 3M Co. | Add +467.6% | 0.14% | +0.12 |
| FFIV F5 Inc. | Add +68.5% | 0.51% | +0.12 |
| KEX Kirby Corp. | Add +109.4% | 0.18% | +0.11 |
| EXPE Expedia Group Inc. | Add +594.0% | 0.12% | +0.11 |
| LYV Live Nation Entertainment Inc. | Add +653.7% | 0.12% | +0.10 |
| JCI Johnson Controls Internation | Add +27.6% | 0.39% | +0.10 |
| COKE Coca-Cola Consolidated Inc. | Add +42.1% | 0.23% | +0.10 |
| AKAM Akamai Technologies Inc. | Add +16.5% | 0.43% | +0.10 |
| GEV GE Vernova Inc. | Add +28.4% | 0.40% | +0.10 |
| STT State Street Corp. | Add +30.4% | 0.34% | +0.10 |
| PSA Public Storage | Add +287.7% | 0.14% | +0.10 |
| PNC PNC Financial Services Group | Add +30.1% | 0.40% | +0.10 |
| USB US Bancorp | Add +59.3% | 0.23% | +0.09 |
| RTX RTX Corp. | Add +136.4% | 0.15% | +0.09 |
| FNB FNB Corp. | Add +100.5% | 0.18% | +0.09 |
| RBRK Rubrik Inc. Class A | Add +42.8% | 0.39% | +0.09 |
| BAC Bank of America Corp. | Add +62.5% | 0.22% | +0.09 |
| OSK Oshkosh Corp. | Add +408.7% | 0.11% | +0.09 |
| LLY Eli Lilly & Co. | Add +118.8% | 0.13% | +0.09 |
| ALL Allstate Corp. | Add +57.7% | 0.26% | +0.09 |
| AMD Advanced Micro Devices | Add +27.3% | 0.21% | +0.08 |
| EOG EOG Resources Inc. | Add +70.5% | 0.23% | +0.08 |
| RF Regions Financial Corp. | Add +118.6% | 0.15% | +0.08 |
| BA The Boeing Co. | Add +186.9% | 0.12% | +0.07 |
| RL Ralph Lauren Corp. | Add +70.5% | 0.15% | +0.07 |
| CHRW C.H. Robinson Worldwide Inc. | Add +20.8% | 0.22% | +0.07 |
| INGR Ingredion Inc. | Add +90.9% | 0.16% | +0.07 |
| VLTO Veralto Corp. | Add +33.3% | 0.34% | +0.06 |
| MDU Mdu Resources Group Inc. | Add +2442.7% | 0.06% | +0.06 |
| OKTA Okta Inc. | Add +28.2% | 0.38% | +0.06 |
| HII Huntington Ingalls Industrie | Add +21.2% | 0.20% | +0.06 |
| SAIA Saia Inc. | Add +33.0% | 0.18% | +0.05 |
| ILMN Illumina Inc. | Add +87.2% | 0.08% | +0.05 |
| INTC Intel Corp. | Add +35.0% | 0.16% | +0.05 |
| GEN Gen Digital Inc. | Add +22.3% | 0.39% | +0.05 |
| AAPL Apple Inc. | Add +1.9% | 0.85% | +0.05 |
Notes & Other Activity Q3 2025 → Q4 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Reduce -50.0% | 13,936 | $17.4M |
| RLJ LODGING TRUST (RLJ 1.95 PERP A) | CUM CONV PFD A | Add +0.6% | 120,889 | $3.0M |
| COHEN & STEERS INFRASTRU | RIGHT 10/16/2025 | Sold out | 101,770 | $8Kbefore exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,653 | $169.8B | CSCO, NVDA, AVGO, GOOGL, PANW |
| Q1 2026 | 2,599 | $139.8B | NVDA, CSCO, AVGO, MSFT, GOOGL |
| Q4 2025 | 2,621 | $137.4B | CSCO, NVDA, MSFT, AVGO, GOOGL |
| Q3 2025 | 2,562 | $134.1B | CSCO, AVGO, MSFT, META, NVDA |
| Q2 2025 | 2,583 | $124.1B | CSCO, MSFT, AVGO, META, AMZN |
| Q1 2025 | 2,529 | $112.6B | CSCO, MSFT, META, AVGO, AAPL |
| Q4 2024 | 2,549 | $113.1B | CSCO, AVGO, MSFT, AMZN, META |
| Q3 2024 | 2,352 | $104.7B | CSCO, AVGO, MSFT, META, AMZN |
| Q2 2024 | 2,307 | $97.8B | CSCO, AVGO, MSFT, AAPL, AMZN |
| Q1 2024 | 2,326 | $98.2B | CSCO, MSFT, AVGO, AMZN, FTXL |