Vault-13

VANECK ETF TRUST VNM

VANECK VIETNAM · ETP · CUSIP 92189F817

98 institutional holders +12 vs Q2 2025
7,326,2057.3m shares reported held*
$130.7mreported value*
24 new 17 added 28 reduced 11 sold out net sold ≈ $13.0m (-730.8k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $17.84. Options: 1 managers hold calls ($187.3k notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 87Q4 22: 95Q1 23: 105Q2 23: 103Q3 23: 111Q4 23: 106Q1 24: 109Q2 24: 97Q3 24: 90Q4 24: 81Q1 25: 79Q2 25: 86Q3 25: 9898Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202287
Q4 202295
Q1 2023105
Q2 2023103
Q3 2023111
Q4 2023106
Q1 2024109
Q2 202497
Q3 202490
Q4 202481
Q1 202579
Q2 202586
Q3 202598

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 23: 41 bought or addedQ4 23: 51 cut or sold outQ1 24: 48 bought or addedQ1 24: 46 cut or sold outQ1 24Q2 24: 38 bought or addedQ2 24: 45 cut or sold outQ3 24: 28 bought or addedQ3 24: 43 cut or sold outQ3 24Q4 24: 23 bought or addedQ4 24: 41 cut or sold outQ1 25: 34 bought or addedQ1 25: 30 cut or sold outQ1 25Q2 25: 36 bought or addedQ2 25: 35 cut or sold outQ3 25: 41 bought or addedQ3 25: 39 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20234151
Q1 20244846
Q2 20243845
Q3 20242843
Q4 20242341
Q1 20253430
Q2 20253635
Q3 20254139

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50k$100k$150k$200kQ4 24 calls: $0Q4 24 puts: $0Q4 24P/C —Q1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $187.3kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$0$0—
Q1 2025$0$0—
Q2 2025$0$0—
Q3 2025$187.3k$00.00

Biggest buyers

JPMORGAN CHASE & CO Added +525,535+525.5k
CacheTech Inc. New +356,943+356.9k
Adams Wealth Management New +346,824+346.8k
Quadrature Capital Ltd Added +141,950+141.9k
Centiva Capital, LP New +128,106+128.1k
Polymer Capital Management (HK) LTD New +116,467+116.5k
Black Swift Group, LLC New +112,680+112.7k
Pekin Hardy Strauss, Inc. New +112,345+112.3k
Symmetry Investments LP New +111,100+111.1k
D. E. Shaw & Co., Inc. Added +106,571+106.6k

Biggest sellers

Trium Capital LLP Sold out -989,128-989.1k
Artisan Partners Limited Partnership Reduced -866,940-866.9k
MORGAN STANLEY Reduced -198,775-198.8k
DISCOVERY CAPITAL MANAGEMENT, LLC / CT Sold out -175,300-175.3k
JANE STREET GROUP, LLC Reduced -133,298-133.3k
MILLENNIUM MANAGEMENT LLC Reduced -123,658-123.7k
MYDA Advisors LLC Sold out -120,000-120.0k
NATIXIS Reduced -102,344-102.3k
FLOW TRADERS U.S. LLC Sold out -95,581-95.6k
CITADEL ADVISORS LLC Reduced -94,768-94.8k

Biggest calls

CITADEL ADVISORS LLC New $187.3k10.5k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 826,097826.1k $14.7m $14.7m 0.00% Reduced -21.0k -20,984
2 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 762,478762.5k $13.6m $13.6m 0.00% Added +525.5k +525,535
3 UBS Group AG 0.00% of their portfolio ZURICH, V8 502,958503.0k $9.0m $9.0m 0.00% Added +41.2k +41,245
4 CacheTech Inc. 1.28% of their portfolio LOGAN, UT 356,943356.9k $6.4m $6.4m 1.28% New
5 Adams Wealth Management 1.33% of their portfolio LOGAN, UT 346,824346.8k $6.2m $6.2m 1.33% New
6 JOHN G ULLMAN & ASSOCIATES INC 0.72% of their portfolio CORNING, NY 299,674299.7k $5.3m $5.3m 0.72% Reduced -14.7k -14,716
7 Man Group plc 0.01% of their portfolio LONDON, X0 283,300283.3k $5.1m $5.1m 0.01% Added +10.0k +9,953
8 Quadrature Capital Ltd 0.06% of their portfolio LONDON, X0 275,634275.6k $4.9m $4.9m 0.06% Added +141.9k +141,950
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 271,694271.7k $4.8m $4.8m 0.00% Reduced -198.8k -198,775
10 BCWM, LLC 1.13% of their portfolio OVERLAND PARK, KS 211,810211.8k $3.8m $3.8m 1.13% Reduced -48.3k -48,345
11 Harvest Fund Management Co., Ltd 0.13% of their portfolio BEIJING, F4 177,500177.5k $3.1m $3.1m 0.13% Reduced -44.0k -44,000
12 Artisan Partners Limited Partnership 0.00% of their portfolio Milwaukee, WI 167,045167.0k $3.0m $3.0m 0.00% Reduced -866.9k -866,940
13 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 162,783162.8k $2.9m $2.9m 0.00% Reduced -133.3k -133,298
14 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 134,666134.7k $2.4m $2.4m 0.00% Added +106.6k +106,571
15 Bleakley Financial Group, LLC 0.05% of their portfolio PARSIPPANY, NJ 132,000132.0k $2.4m $2.4m 0.05% Added +13.4k +13,369
16 Centiva Capital, LP 0.21% of their portfolio New York, NY 128,106128.1k $2.3m $2.3m 0.21% New
17 Polymer Capital Management (HK) LTD 0.29% of their portfolio HONG KONG, K3 116,467116.5k $2.1m $2.1m 0.29% New
18 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 115,274115.3k $2.1m $2.1m 0.00% Reduced -90.1k -90,120
19 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 114,621114.6k $2.0m $2.0m 0.00% Added +6.8k +6,803
20 Asset Management One Co., Ltd. 0.01% of their portfolio TOKYO, M0 114,436114.4k $2.0m $2.0m 0.01% Unchanged
21 Black Swift Group, LLC 0.35% of their portfolio BOULDER, CO 112,680112.7k $2.0m $2.0m 0.35% New
22 Pekin Hardy Strauss, Inc. 0.20% of their portfolio CHICAGO, IL 112,345112.3k $2.0m $2.0m 0.20% New
23 Symmetry Investments LP 0.16% of their portfolio ST HELIER, Y9 111,100111.1k $2.0m $2.0m 0.16% New
24 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 102,182102.2k $1.8m $1.8m 0.00% Added +38.6k +38,564
25 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 101,303101.3k $1.8m $1.8m 0.00% Reduced -94.8k -94,768
26 Financially Speaking Inc 1.15% of their portfolio GREENWOOD VILLAGE, CO 98,47598.5k $1.8m $1.8m 1.15% New
27 Private Wealth Advisors, LLC 0.66% of their portfolio Fresno, CA 98,32498.3k $1.8m $1.8m 0.66% Reduced -1.8k -1,807
28 DELTEC ASSET MANAGEMENT LLC 0.25% of their portfolio New York, NY 86,00086.0k $1.5m $1.5m 0.25% Unchanged
29 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 84,07184.1k $1.5m $1.5m 0.01% New
30 OLD MISSION CAPITAL LLC 0.04% of their portfolio CHICAGO, IL 57,26657.3k $1.0m $1.0m 0.04% Added +7.3k +7,270
31 SBI Securities Co., Ltd. 0.02% of their portfolio TOKYO, M0 46,74846.7k $834.0k $834.0k 0.02% Added +2.1k +2,089
32 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 45,11645.1k $817.6k $817.6k 0.00% Added +1.7k +1,662
33 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 43,20343.2k $770.7k $770.7k 0.00% Reduced -1.2k -1,186
34 TWIN FOCUS CAPITAL PARTNERS, LLC 0.10% of their portfolio Boston, MA 42,72042.7k $762.1k $762.1k 0.10% Reduced -1 -1
35 New Vernon Capital Holdings II LLC 0.34% of their portfolio Morristown, NJ 41,85241.9k $746.6k $746.6k 0.34% Unchanged
36 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 39,92139.9k $712.2k $712.2k 0.00% Reduced -5.4k -5,440
37 NVWM, LLC 0.15% of their portfolio YARDLEY, PA 38,50738.5k $687.0k $687.0k 0.15% Reduced -718 -718
38 HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 0.04% of their portfolio SINGAPORE, U0 32,00732.0k $571.0k $571.0k 0.04% New
39 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 30,00430.0k $535.3k $535.3k 0.00% Added +1.0k +1,041
40 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 28,21728.2k $503.4k $503.4k 0.00% Added +268 +268
41 Hilltop Holdings Inc. 0.03% of their portfolio DALLAS, TX 26,59626.6k $474.5k $474.5k 0.03% Reduced -5.2k -5,223
42 FIDUCIARY FINANCIAL GROUP, LLC 0.07% of their portfolio SAN RAFAEL, CA 25,69825.7k $458.5k $458.5k 0.07% Reduced -1.4k -1,409
43 Pictet North America Advisors SA 0.04% of their portfolio GENEVA 73, V8 24,17824.2k $431.3k $431.3k 0.04% Unchanged
44 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 23,68523.7k $422.5k $422.5k 0.00% Reduced -6.5k -6,471
45 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 23,12923.1k $412.6k $412.6k 0.01% New
46 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 22,66522.7k $404.3k $404.3k 0.00% Reduced -12 -12
47 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 22,22022.2k $396.4k $396.4k 0.00% Reduced -123.7k -123,658
48 Laird Norton Wetherby Wealth Management, LLC 0.02% of their portfolio Seattle, WA 20,77620.8k $370.6k $370.6k 0.02% Unchanged
49 WJ Financial Advisors LLC 0.35% of their portfolio KILLINGWORTH, CT 20,41720.4k $364.2k $364.2k 0.35% First filing
50 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 19,71419.7k $351.1k $351.1k 0.00% Reduced -8.0k -7,981
51 NATIXIS 0.00% of their portfolio PARIS, I0 18,40118.4k $327.7k $327.7k 0.00% Reduced -102.3k -102,344
52 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 16,72216.7k $298.3k $298.3k 0.00% Added +4.2k +4,237
53 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 16,68016.7k $297.6k $297.6k 0.00% New
54 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 16,24716.2k $289.8k $289.8k 0.00% Unchanged
55 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 15,69015.7k $279.0k $279.0k 0.01% New
56 Steadtrust LLC 0.17% of their portfolio ALLEN, TX 14,00014.0k $249.8k $249.8k 0.17% Unchanged
57 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 13,01613.0k $232.2k $232.2k 0.00% New
58 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 12,93612.9k $230.8k $230.8k 0.00% Reduced -6.2k -6,194
59 Global Trust Asset Management, LLC 0.10% of their portfolio PALM BEACH GARDENS, FL 12,00012.0k $214.1k $214.1k 0.10% Reduced -2.0k -2,000
60 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 11,09511.1k $197.9k $197.9k 0.00% New
61 Prism Advisors, Inc. 0.05% of their portfolio STUDIO CITY, CA 10,95311.0k $195.4k $195.4k 0.05% Unchanged
62 CASTLEKEEP INVESTMENT ADVISORS LLC 0.08% of their portfolio WESTPORT, CT 10,15310.2k $181.1k $181.1k 0.08% Unchanged
63 Wiser Advisor Group LLC 0.21% of their portfolio PHOENIX, AZ 9,3709.4k $167.2k $167.2k 0.21% New
64 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 8,4458.4k $150.7k $150.7k 0.00% New
65 MARVIN & PALMER ASSOCIATES INC 0.10% of their portfolio WILMINGTON, DE 8,0408.0k $140.1k $140.1k 0.10% Added +2.6k +2,610
66 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 6,6256.6k $118.2k $118.2k 0.00% Unchanged
67 SALEM INVESTMENT COUNSELORS INC 0.00% of their portfolio WINSTON-SALEM, NC 6,0006.0k $107.0k $107.0k 0.00% Unchanged
68 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 5,4085.4k $96.5k $96.5k 0.00% Unchanged
69 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 4,0004.0k $71.4k $71.4k 0.00% New
70 Ball & Co Wealth Management Inc. 0.05% of their portfolio FRANKLIN, TN 3,8733.9k $69.0k $69.0k 0.05% Reduced -8.2k -8,246
71 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 3,4183.4k $61.0k $61.0k 0.00% Unchanged
72 FMR LLC 0.00% of their portfolio BOSTON, MA 2,6712.7k $47.7k $47.7k 0.00% Added +2.6k +2,619
73 Banque Cantonale Vaudoise 0.00% of their portfolio LAUSANNE, V8 2,3592.4k $42.0k $42.0k 0.00% Unchanged
74 COMERICA BANK 0.00% of their portfolio DALLAS, TX 2,2172.2k $39.6k $39.6k 0.00% Added +289 +289
75 Twin Lakes Capital Management, LLC 0.02% of their portfolio REDWOOD SHORES, CA 2,0072.0k $35.8k $35.8k 0.02% Unchanged
76 IQ EQ FUND MANAGEMENT (SINGAPORE) PRIVATE Ltd 0.05% of their portfolio SINGAPORE, U0 2,0002.0k $35.7k $35.7k 0.05% New
77 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 2,0002.0k $35.7k $35.7k 0.00% Unchanged
78 CapitalatWork S.A. 0.00% of their portfolio AUDERGHEM, C9 1,5001.5k $27.0k $27.0k 0.00% Unchanged
79 Strategic Advocates LLC 0.01% of their portfolio SACRAMENTO, CA 1,1631.2k $20.7k $20.7k 0.01% New
80 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,1001.1k $19.6k $19.6k 0.00% New
81 IAG Wealth Partners, LLC 0.00% of their portfolio WAUKESHA, WI 827827 $14.8k $14.8k 0.00% Unchanged
82 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 776776 $13.8k $13.8k 0.00% Reduced -15 -15
83 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 700700 $12.5k $12.5k 0.00% Unchanged
84 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 600600 $10.7k $10.7k 0.00% New
85 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 550550 $9.8k $9.8k 0.00% Unchanged
86 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 500500 $8.9k $8.9k 0.00% Reduced -300 -300
87 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 450450 $8.0k $8.0k 0.00% Reduced -4.8k -4,800
88 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 350350 $6.2k $6.2k 0.00% Unchanged
89 McIlrath & Eck, LLC 0.00% of their portfolio ARLINGTON, WA 307307 $5.5k $5.5k 0.00% Unchanged
90 Wealthspire Advisors, LLC 0.00% of their portfolio NEW YORK, NY 290290 $5.2k $5.2k 0.00% New
91 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 261261 $4.7k $4.7k 0.00% Unchanged
92 TOMPKINS FINANCIAL CORP 0.00% of their portfolio ITHACA, NY 200200 $3.6k $3.6k 0.00% Unchanged
93 Stephens Consulting, LLC 0.00% of their portfolio FLINT, MI 118118 $2.1k $2.1k 0.00% Unchanged
94 DecisionPoint Financial, LLC 0.00% of their portfolio MESA, AZ 8484 $1.5k $1.5k 0.00% Unchanged
95 Signature Resources Capital Management, LLC 0.00% of their portfolio NEWPORT BEACH, CA 8080 $1.4k $1.4k 0.00% Unchanged
96 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 4444 $785 $785 0.00% Reduced -15 -15
97 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 3838 $678 $678 0.00% New
98 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 1212 $214 $214 0.00% Unchanged