Vault-13

VANECK ETF TRUST VNM

VANECK VIETNAM · ETP · CUSIP 92189F817

98 institutional holders -8 vs Q4 2025
6,183,0136.2m shares reported held*
$107.3mreported value*
17 new 27 added 22 reduced 23 sold out net sold ≈ $28.7m (-1.7m 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 ($13.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $17.35. Options: 1 managers hold calls ($237.1k notional), 1 hold puts ($237.1k).

Trends to Q1 2026

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: 98Q4 25: 106Q1 26: 9898Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q4 2025106
Q1 202698

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q2 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 25Q4 25: 50 bought or addedQ4 25: 44 cut or sold outQ1 26: 44 bought or addedQ1 26: 45 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20243845
Q3 20242843
Q4 20242341
Q1 20253430
Q2 20253635
Q3 20254139
Q4 20255044
Q1 20264445

Calls vs puts

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

CallsPuts
$0$100k$200k$300kQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $187.3kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $0Q4 25 puts: $261.4kQ4 25P/C —Q1 26 calls: $237.1kQ1 26 puts: $237.1kQ1 26P/C 1.00
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$187.3k$00.00
Q4 2025$0$261.4k—
Q1 2026$237.1k$237.1k1.00

Biggest buyers

JANE STREET GROUP, LLC New +247,481+247.5k
UBS Group AG Added +164,537+164.5k
Artisan Partners Limited Partnership Added +137,911+137.9k
Schonfeld Strategic Advisors LLC New +76,004+76.0k
AMERIPRISE FINANCIAL INC Added +72,759+72.8k
Asset Management One Co., Ltd. Added +60,694+60.7k
HIMENSION CAPITAL (SINGAPORE) PTE. LTD. Added +59,777+59.8k
CacheTech Inc. Added +55,015+55.0k
Bleakley Financial Group, LLC Added +46,642+46.6k
LPL Financial LLC Added +46,145+46.1k

Biggest sellers

MORGAN STANLEY Reduced -792,556-792.6k
Black Swift Group, LLC Sold out -317,090-317.1k
Man Group plc Sold out -271,212-271.2k
Quadrature Capital Ltd Sold out -251,692-251.7k
BANK OF AMERICA CORP /DE/ Reduced -196,552-196.6k
Elo Mutual Pension Insurance Co Sold out -150,000-150.0k
Arrowpoint Investment Partners (Singapore) Pte. Ltd. Sold out -123,564-123.6k
Arizona PSPRS Trust Sold out -106,757-106.8k
JPMORGAN CHASE & CO Reduced -91,680-91.7k
WELLS FARGO & COMPANY/MN Reduced -89,823-89.8k

Biggest calls

CITADEL ADVISORS LLC New $237.1k13.7k shares

Biggest puts

CITADEL ADVISORS LLC Unchanged $237.1k13.7k shares

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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 CacheTech Inc. 2.76% of their portfolio LOGAN, UT 828,237828.2k $14.3m $14.3m 2.76% Added +55.0k +55,015
2 Adams Wealth Management 2.98% of their portfolio LOGAN, UT 783,876783.9k $13.6m $13.6m 2.98% Added +44.3k +44,308
3 UBS Group AG 0.00% of their portfolio ZURICH, V8 395,467395.5k $6.8m $6.8m 0.00% Added +164.5k +164,537
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 357,008357.0k $6.0m $6.0m 0.00% Reduced -91.7k -91,680
5 Bleakley Financial Group, LLC 0.08% of their portfolio PARSIPPANY, NJ 306,524306.5k $5.3m $5.3m 0.08% Added +46.6k +46,642
6 JOHN G ULLMAN & ASSOCIATES INC 0.66% of their portfolio CORNING, NY 287,644287.6k $5.0m $5.0m 0.66% Reduced -3.5k -3,530
7 Artisan Partners Limited Partnership 0.01% of their portfolio Milwaukee, WI 286,968287.0k $5.0m $5.0m 0.01% Added +137.9k +137,911
8 Trium Capital LLP 3.42% of their portfolio LONDON, X0 272,158272.2k $4.7m $4.7m 3.42% Not comparable
9 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 247,481247.5k $4.3m $4.3m 0.00% New
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 234,839234.8k $4.1m $4.1m 0.00% Reduced -792.6k -792,556
11 BCWM, LLC 0.95% of their portfolio OVERLAND PARK, KS 194,598194.6k $3.4m $3.4m 0.95% Reduced -20.1k -20,063
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 185,081185.1k $3.2m $3.2m 0.00% Reduced -196.6k -196,552
13 Asset Management One Co., Ltd. 0.01% of their portfolio TOKYO, M0 175,130175.1k $3.0m $3.0m 0.01% Added +60.7k +60,694
14 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 170,000170.0k $2.9m $2.9m 0.00% Unchanged
15 Pekin Hardy Strauss, Inc. 0.27% of their portfolio CHICAGO, IL 151,085151.1k $2.6m $2.6m 0.27% Reduced -36.0k -35,985
16 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 142,348142.3k $2.5m $2.5m 0.00% Added +46.1k +46,145
17 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 130,877130.9k $2.3m $2.3m 0.00% Added +22.9k +22,920
18 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 123,711123.7k $2.1m $2.1m 0.00% Added +12.6k +12,588
19 Harvest Fund Management Co., Ltd 0.08% of their portfolio BEIJING, F4 106,500106.5k $1.8m $1.8m 0.08% Reduced -66.0k -66,000
20 HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 0.13% of their portfolio SINGAPORE, U0 97,40397.4k $1.7m $1.7m 0.13% Added +59.8k +59,777
21 NATIXIS 0.01% of their portfolio PARIS, I0 89,31389.3k $1.5m $1.5m 0.01% Reduced -1.9k -1,930
22 DELTEC ASSET MANAGEMENT LLC 0.27% of their portfolio New York, NY 86,00086.0k $1.5m $1.5m 0.27% Unchanged
23 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 82,80082.8k $1.4m $1.4m 0.00% Added +72.8k +72,759
24 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 76,00476.0k $1.3m $1.3m 0.01% New
25 SBI Securities Co., Ltd. 0.02% of their portfolio TOKYO, M0 52,24252.2k $904.3k $904.3k 0.02% Added +8.9k +8,946
26 BlackRock, Inc. 0.00% of their portfolio New York, NY 48,05748.1k $831.9k $831.9k 0.00% Added +6.3k +6,251
27 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 46,63646.6k $807.3k $807.3k 0.00% Reduced -2.4k -2,439
28 Private Wealth Advisors, LLC 0.22% of their portfolio Fresno, CA 45,03645.0k $779.6k $779.6k 0.22% Reduced -53.9k -53,867
29 TWIN FOCUS CAPITAL PARTNERS, LLC 0.09% of their portfolio Boston, MA 42,75942.8k $740.2k $740.2k 0.09% Unchanged
30 New Vernon Capital Holdings II LLC 0.53% of their portfolio Morristown, NJ 41,85241.9k $724.5k $724.5k 0.53% Unchanged
31 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 39,26139.3k $679.6k $679.6k 0.00% New
32 OLD MISSION CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 38,93738.9k $674.0k $674.0k 0.02% New
33 NVWM, LLC 0.14% of their portfolio YARDLEY, PA 37,27437.3k $645.2k $645.2k 0.14% Reduced -740 -740
34 GLENMEDE TRUST CO NA 0.00% of their portfolio PHILADELPHIA, PA 31,73031.7k $549.2k $549.2k 0.00% Unchanged
35 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 31,58331.6k $546.7k $546.7k 0.00% Added +4.6k +4,630
36 Capula Management Ltd 0.00% of their portfolio Grand Cayman, E9 30,04830.0k $520.1k $520.1k 0.00% Not comparable
37 Vontobel Holding Ltd. 0.00% of their portfolio ZURICH, V8 29,64229.6k $513.4k $513.4k 0.00% Added +100 +100
38 FIDUCIARY FINANCIAL GROUP, LLC 0.06% of their portfolio SAN RAFAEL, CA 27,95828.0k $484.0k $484.0k 0.06% Added +2.9k +2,868
39 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 26,91626.9k $465.9k $465.9k 0.00% Added +9.6k +9,600
40 Cordoba Advisory Partners LLC 0.13% of their portfolio NEW YORK, NY 26,42326.4k $457.4k $457.4k 0.13% Unchanged
41 Csenge Advisory Group 0.02% of their portfolio CLEARWATER, FL 25,99926.0k $450.0k $450.0k 0.02% Reduced -8.7k -8,740
42 Total Wealth Planning & Management, Inc. 0.35% of their portfolio Ponte Vedra Beach, FL 25,79625.8k $446.5k $446.5k 0.35% Unchanged
43 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 24,86224.9k $430.4k $430.4k 0.00% Reduced -32.8k -32,760
44 Pictet North America Advisors SA 0.04% of their portfolio GENEVA 73, V8 24,17824.2k $418.5k $418.5k 0.04% Unchanged
45 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 22,63222.6k $391.8k $391.8k 0.00% Reduced -1.7k -1,748
46 Mariner, LLC 0.00% of their portfolio Overland Park, KS 22,32622.3k $386.5k $386.5k 0.00% Added +3.0k +3,000
47 Bank Julius Baer & Co. Ltd, Zurich 0.00% of their portfolio ZURICH, V8 22,19622.2k $384.2k $384.2k 0.00% New
48 Laird Norton Wetherby Trust Company, LLC 0.01% of their portfolio Seattle, WA 20,77620.8k $359.6k $359.6k 0.01% Unchanged
49 Kaizen Financial Strategies 0.16% of their portfolio CAMPBELL, CA 20,31420.3k $380.3k $380.3k 0.16% Added +1.6k +1,593
50 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 20,29820.3k $351.4k $351.4k 0.00% Reduced -13.0k -13,049
51 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 19,93019.9k $345.0k $345.0k 0.00% Reduced -89.8k -89,823
52 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 18,84918.8k $326.0k $326.0k 0.00% New
53 WJ Financial Advisors LLC 0.26% of their portfolio KILLINGWORTH, CT 18,37518.4k $318.1k $318.1k 0.26% Unchanged
54 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 16,68016.7k $288.7k $288.7k 0.00% Unchanged
55 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 15,53615.5k $291.1k $291.1k 0.00% Added +4.3k +4,285
56 Ascent Advisors, LLC 1.00% of their portfolio MANKATO, MN 15,51115.5k $545.8k $545.8k 1.00% New
57 Waterloo Capital, L.P. 0.02% of their portfolio AUSTIN, TX 15,28715.3k $264.6k $264.6k 0.02% New
58 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 15,25515.3k $264.1k $264.1k 0.00% Added +15.0k +15,000
59 Miller Global Investments, LLC 0.24% of their portfolio DALLAS, TX 14,98915.0k $259.5k $259.5k 0.24% Reduced -412 -412
60 Steadtrust LLC 0.14% of their portfolio ALLEN, TX 14,00014.0k $242.3k $242.3k 0.14% Unchanged
61 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 13,53613.5k $234.3k $234.3k 0.00% Reduced -5.7k -5,728
62 Wiser Advisor Group LLC 0.24% of their portfolio PHOENIX, AZ 11,65111.7k $201.7k $201.7k 0.24% Added +281 +281
63 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 11,09511.1k $192.1k $192.1k 0.00% Unchanged
64 Prism Advisors, Inc. 0.05% of their portfolio STUDIO CITY, CA 10,95311.0k $189.6k $189.6k 0.05% Unchanged
65 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 10,86610.9k $188.1k $188.1k 0.00% Added +430 +430
66 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 10,83310.8k $187.5k $187.5k 0.00% New
67 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 10,57310.6k $183.0k $183.0k 0.00% Reduced -250 -250
68 CASTLEKEEP INVESTMENT ADVISORS LLC 0.10% of their portfolio WESTPORT, CT 10,15310.2k $175.7k $175.7k 0.10% Unchanged
69 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 10,00010.0k $173.1k $173.1k 0.00% Unchanged
70 Marex Group Ltd 0.00% of their portfolio London, X0 10,00010.0k $173.1k $173.1k 0.00% New
71 Stelac Advisory Services LLC 0.03% of their portfolio NEW YORK, NY 8,0498.0k $139.3k $139.3k 0.03% New
72 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 6,6256.6k $114.7k $114.7k 0.00% Unchanged
73 Triumph Capital Management 0.02% of their portfolio DENVER, CO 6,2476.2k $108.1k $108.1k 0.02% Added +202 +202
74 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 5,4085.4k $93.6k $93.6k 0.00% Unchanged
75 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 3,4763.5k $60.2k $60.2k 0.00% Reduced -11.1k -11,097
76 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 3,4183.4k $59.2k $59.2k 0.00% Unchanged
77 GROUP ONE TRADING LLC 0.00% of their portfolio CHICAGO, IL 2,8922.9k $50.1k $50.1k 0.00% Added +2.8k +2,800
78 Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% of their portfolio ZURICH, V8 2,6222.6k $45.4k $45.4k 0.00% Reduced -19.3k -19,292
79 IQ EQ FUND MANAGEMENT (SINGAPORE) PRIVATE Ltd 0.19% of their portfolio SINGAPORE, U0 2,0502.0k $113.7k $113.7k 0.19% Added +50 +50
80 Twin Lakes Capital Management, LLC 0.02% of their portfolio REDWOOD SHORES, CA 2,0072.0k $34.7k $34.7k 0.02% Unchanged
81 MAI Capital Management 0.00% of their portfolio INDEPENDENCE, OH 1,9001.9k $32.9k $32.9k 0.00% Unchanged
82 FMR LLC 0.00% of their portfolio BOSTON, MA 1,6611.7k $28.8k $28.8k 0.00% Reduced -271 -271
83 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 1,5331.5k $26.5k $26.5k 0.00% Unchanged
84 CapitalatWork S.A. 0.00% of their portfolio AUDERGHEM, C9 1,5001.5k $26.0k $26.0k 0.00% Unchanged
85 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 1,3341.3k $23.1k $23.1k 0.00% New
86 Advisory Services Network, LLC 0.00% of their portfolio ATLANTA, GA 1,1501.1k $19.9k $19.9k 0.00% New
87 Intesa Sanpaolo Wealth Management 0.00% of their portfolio LUXEMBOURG, N4 1,0001.0k $17.3k $17.3k 0.00% New
88 BARD ASSOCIATES INC 0.00% of their portfolio CHICAGO, IL 900900 $15.6k $15.6k 0.00% Unchanged
89 IAG Wealth Partners, LLC 0.00% of their portfolio WAUKESHA, WI 829829 $14.3k $14.3k 0.00% Unchanged
90 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 700700 $12.1k $12.1k 0.00% Unchanged
91 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 632632 $10.9k $10.9k 0.00% Added +622 +622
92 Parallel Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 400400 $6.9k $6.9k 0.00% New
93 McIlrath & Eck, LLC 0.00% of their portfolio ARLINGTON, WA 307307 $5.3k $5.3k 0.00% Unchanged
94 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 261261 $4.5k $4.5k 0.00% Unchanged
95 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 249249 $4.3k $4.3k 0.00% New
96 TOMPKINS FINANCIAL CORP 0.00% of their portfolio ITHACA, NY 200200 $3.5k $3.5k 0.00% Unchanged
97 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 100100 $1.7k $1.7k 0.00% New
98 DecisionPoint Financial, LLC 0.00% of their portfolio MESA, AZ 8484 $1.5k $1.5k 0.00% Unchanged