Vault-13

VANGUARD DIVIDEND GROWTH VDIGX

EQUITY FUNDS · Open-End Fund · CUSIP 921908604

11 institutional holders +3 vs Q2 2023
2,642,0352.6m shares reported held*
$91.0mreported value*
4 new 3 added 2 reduced 1 sold out net bought ≈ $13.5m (+395.5k 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 ≈ $34.44. Options: 5 managers hold calls ($51.3m notional), 0 hold puts (—).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

051015Q3 22: 10Q4 22: 7Q1 23: 7Q2 23: 8Q3 23: 1111Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 202210
Q4 20227
Q1 20237
Q2 20238
Q3 202311

Buyers vs sellers

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

Bought or addedCut or sold out
10010Q4 22: 5 bought or addedQ4 22: 4 cut or sold outQ4 22Q1 23: 5 bought or addedQ1 23: 1 cut or sold outQ1 23Q2 23: 4 bought or addedQ2 23: 3 cut or sold outQ2 23Q3 23: 7 bought or addedQ3 23: 3 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 202254
Q1 202351
Q2 202343
Q3 202373

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ4 22 calls: $149.3mQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $34.0mQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $11.1mQ2 23 puts: $0Q2 23P/C 0.00Q3 23 calls: $51.3mQ3 23 puts: $0Q3 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2022$149.3m$00.00
Q1 2023$34.0m$00.00
Q2 2023$11.1m$00.00
Q3 2023$51.3m$00.00

Biggest buyers

Strategic Investment Solutions, Inc. /IL Added +367,142+367.1k
Fulton Bank, N.A. Added +20,042+20.0k
WINSLOW ASSET MANAGEMENT INC New +11,500+11.5k
TUCKER ASSET MANAGEMENT LLC New +4,976+5.0k
ORG Partners LLC New +1,882+1.9k
LAFFER TENGLER INVESTMENTS, INC. New +1,449+1.4k
Coston, McIsaac & Partners Added +69+69

Biggest sellers

WEST MICHIGAN ADVISORS, LLC Sold out -6,326-6.3k
Fairfield Financial Advisors, LTD Reduced -3,831-3.8k
FERGUSON WELLMAN CAPITAL MANAGEMENT, INC Reduced -1,415-1.4k

Biggest calls

Twin Tree Management, LP New $44.4m285.7k shares
JANE STREET GROUP, LLC Reduced $5.4m34.7k shares
SIMPLEX TRADING, LLC Reduced $1.4m8.8k shares
GROUP ONE TRADING LLC Reduced $170.9k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fulton Bank, N.A. 2.81% of their portfolio Lancaster, PA 1,736,1441.7m $59.4m $59.4m 2.81% Added +20.0k +20,042
2 Fairfield Financial Advisors, LTD 5.72% of their portfolio WELLESLEY, MA 396,945396.9k $13.6m $13.6m 5.72% Reduced -3.8k -3,831
3 Strategic Investment Solutions, Inc. /IL 0.16% of their portfolio ORLAND PARK, IL 373,023373.0k $13.3m $13.3m 0.16% Added +367.1k +367,142
4 Dempze Nancy E 2.38% of their portfolio BOSTON, MA 77,29877.3k $2.6m $2.6m 2.38% Unchanged
5 Hemenway Trust Co LLC 0.07% of their portfolio SALEM, NH 19,80219.8k $677.6k $677.6k 0.07% Unchanged
6 FERGUSON WELLMAN CAPITAL MANAGEMENT, INC 0.01% of their portfolio PORTLAND, OR 13,84213.8k $473.7k $473.7k 0.01% Reduced -1.4k -1,415
7 WINSLOW ASSET MANAGEMENT INC 0.09% of their portfolio BEACHWOOD, OH 11,50011.5k $394.0k $394.0k 0.09% New
8 Coston, McIsaac & Partners 0.07% of their portfolio BAR HARBOR, ME 5,1745.2k $176.0k $176.0k 0.07% Added +69 +69
9 TUCKER ASSET MANAGEMENT LLC 0.05% of their portfolio LITTLETON, CO 4,9765.0k $170.3k $170.3k 0.05% New
10 ORG Partners LLC 0.02% of their portfolio ROANOKE, IN 1,8821.9k $64.4k $64.4k 0.02% New
11 LAFFER TENGLER INVESTMENTS, INC. 0.01% of their portfolio Scottsdale, AZ 1,4491.4k $49.6k $49.6k 0.01% New