Vault-13

VANGUARD SPECIALIZED FUNDS VIG

DIV APP ETF · ETP · CUSIP 921908844

1,796 institutional holders +147 vs Q3 2022
190,219,857190.2m shares reported held*
$28.7bnreported value*
104 new 688 added 598 reduced 56 sold out net bought ≈ $1.1bn (+7.9m 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 ($54.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $151.03. Options: 7 managers hold calls ($61.2m notional), 7 hold puts ($11.9m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,649Q4 22: 1,7961,796Q3 22Q4 22
Numbers
QuarterHolders
Q3 20221,649
Q4 20221,796

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 22 calls: $56.1mQ3 22 puts: $15.5mQ3 22P/C 0.28Q4 22 calls: $61.2mQ4 22 puts: $11.9mQ4 22P/C 0.19
Numbers
QuarterCallsPutsP/C
Q3 2022$56.1m$15.5m0.28
Q4 2022$61.2m$11.9m0.19

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +3,656,285+3.7m
J.P. Morgan Private Wealth Advisors LLC Added +1,389,528+1.4m
WELLS FARGO & COMPANY/MN Added +656,368+656.4k
Mariner, LLC Added +497,131+497.1k
UBS Group AG Added +327,089+327.1k
Portfolio Strategies, Inc. Added +312,332+312.3k
HighTower Advisors, LLC Added +286,354+286.4k
BROWN ADVISORY INC Added +251,641+251.6k
Cerity Partners LLC Added +231,327+231.3k
FORBES J M & CO LLP Added +198,062+198.1k

Biggest sellers

Wealthfront Advisers LLC Reduced -478,143-478.1k
Venturi Wealth Management, LLC Reduced -466,966-467.0k
ASPIRIANT, LLC Reduced -354,606-354.6k
Trek Financial, LLC Reduced -351,796-351.8k
Highland Private Wealth Management Sold out -279,549-279.5k
RWA WEALTH PARTNERS, LLC Reduced -276,046-276.0k
TWO SIGMA INVESTMENTS, LP Reduced -234,800-234.8k
Baltimore-Washington Financial Advisors, Inc. Reduced -137,083-137.1k
Tennessee Valley Asset Management Partners Reduced -126,041-126.0k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -124,948-124.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $28.7m189.2k shares
CITADEL ADVISORS LLC Added $14.8m97.7k shares
BANK OF AMERICA CORP /DE/ New $9.4m62.0k shares
WOLVERINE TRADING, LLC Added $7.8m51.1k shares
Walleye Trading LLC New $440.4k2.9k shares
Cutler Group LLC / CA Reduced $20.0k10.7k shares
Paladin Advisory Group, LLC Unchanged $9.2k60 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.6m36.8k shares
CITADEL ADVISORS LLC Reduced $2.3m14.9k shares
WOLVERINE TRADING, LLC Reduced $2.1m14.1k shares
Walleye Trading LLC New $1.6m10.7k shares
WELLS FARGO & COMPANY/MN Added $212.6k1.4k shares
UBS Group AG New $30.4k200 shares
Cutler Group LLC / CA Added $2.0k3.8k 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, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.53% of their portfolio CHARLOTTE, NC 27,875,56027.9m $4.2bn $4.2bn 0.53% Added +3.7m +3,656,285
2 MORGAN STANLEY 0.19% of their portfolio NEW YORK, NY 11,015,78411.0m $1.7bn $1.7bn 0.19% Reduced -94.9k -94,945
3 WELLS FARGO & COMPANY/MN 0.51% of their portfolio SAN FRANCISCO, CA 10,688,67310.7m $1.6bn $1.6bn 0.51% Added +656.4k +656,368
4 VANGUARD GROUP INC 0.03% of their portfolio Valley Forge, PA 7,389,3187.4m $1.1bn $1.1bn 0.03% Added +27.9k +27,891
5 UBS Group AG 0.46% of their portfolio ZURICH, V8 6,321,9206.3m $960.0m $960.0m 0.46% Added +327.1k +327,089
6 Wealthfront Advisers LLC 3.72% of their portfolio Palo Alto, CA 5,049,5675.0m $766.8m $766.8m 3.72% Reduced -478.1k -478,143
7 LPL Financial LLC 0.65% of their portfolio FORT MILL, SC 4,984,7035.0m $756.9m $756.9m 0.65% Added +113.3k +113,287
8 J.P. Morgan Private Wealth Advisors LLC 1.43% of their portfolio SAN FRANCISCO, CA 4,226,7524.2m $641.8m $641.8m 1.43% Added +1.4m +1,389,528
9 ROYAL BANK OF CANADA 0.17% of their portfolio TORONTO, A6 3,690,8553.7m $560.5m $560.5m 0.17% Added +127.6k +127,609
10 HB Wealth Management, LLC 9.73% of their portfolio Atlanta, GA 3,520,6493.5m $534.6m $534.6m 9.73% Added +98.4k +98,414
11 CITIGROUP INC 0.66% of their portfolio NEW YORK, NY 3,100,4363.1m $470.8m $470.8m 0.66% Reduced -90.3k -90,302
12 COMMONWEALTH EQUITY SERVICES, LLC 0.87% of their portfolio WALTHAM, MA 2,390,2462.4m $363.0m $363.0m 0.87% Added +106.8k +106,796
13 Raymond James Financial Services Advisors, Inc. 0.73% of their portfolio ST. PETERSBURG, FL 2,386,2122.4m $362.3m $362.3m 0.73% Added +19.4k +19,416
14 AMERIPRISE FINANCIAL INC 0.11% of their portfolio MINNEAPOLIS, MN 2,173,1462.2m $330.2m $330.2m 0.11% Reduced -96.0k -95,965
15 HighTower Advisors, LLC 0.72% of their portfolio CHICAGO, IL 2,063,3902.1m $313.4m $313.4m 0.72% Added +286.4k +286,354
16 Bank of New York Mellon Corp 0.07% of their portfolio NEW YORK, NY 2,041,1112.0m $309.9m $309.9m 0.07% Reduced -34.7k -34,675
17 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.09% of their portfolio SAN FRANCISCO, CA 1,931,9621.9m $293.3m $293.3m 0.09% Added +136.5k +136,511
18 ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio Berwyn, PA 1,825,7951.8m $277.2m $277.2m 0.14% Reduced -11.5k -11,476
19 RAYMOND JAMES & ASSOCIATES 0.24% of their portfolio ST PETERSBURG, FL 1,748,5091.7m $265.5m $265.5m 0.24% Reduced -29.5k -29,541
20 TRUIST FINANCIAL CORP 0.46% of their portfolio CHARLOTTE, NC 1,711,1081.7m $259.8m $259.8m 0.46% Added +53.4k +53,445
21 SIGNATUREFD, LLC 7.46% of their portfolio ATLANTA, GA 1,680,3591.7m $255.2m $255.2m 7.46% Added +34.8k +34,808
22 OSAIC HOLDINGS, INC. 0.49% of their portfolio SCOTTSDALE, AZ 1,580,7461.6m $240.1m $240.1m 0.49% Added +77.1k +77,077
23 BROWN ADVISORY INC 0.42% of their portfolio BALTIMORE, MD 1,486,2711.5m $225.7m $225.7m 0.42% Added +251.6k +251,641
24 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.14% of their portfolio Toronto, A6 1,482,7911.5m $225.2m $225.2m 0.14% Reduced -26.2k -26,222
25 Mariner, LLC 0.66% of their portfolio Overland Park, KS 1,345,0731.3m $204.2m $204.2m 0.66% Added +497.1k +497,131
26 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.28% of their portfolio MILWAUKEE, WI 1,211,7431.2m $184.0m $184.0m 0.28% Reduced -35.3k -35,273
27 CAPTRUST FINANCIAL ADVISORS 0.89% of their portfolio RALEIGH, NC 1,165,6061.2m $177.0m $177.0m 0.89% Added +190.1k +190,107
28 COLONY GROUP LLC 2.28% of their portfolio Boston, MA 1,069,2311.1m $162.4m $162.4m 2.28% Reduced -10.4k -10,404
29 Corient Private Wealth LP 0.58% of their portfolio MIAMI, FL 1,043,2341.0m $158.4m $158.4m 0.58% First filing
30 Modera Wealth Management, LLC 6.32% of their portfolio WESTWOOD, NJ 1,023,3411.0m $155.4m $155.4m 6.32% Added +2.8k +2,848
31 Cambridge Investment Research Advisors, Inc. 0.80% of their portfolio FAIRFIELD, IA 1,021,2231.0m $155.1m $155.1m 0.80% Reduced -82.0k -81,957
32 ASPIRIANT, LLC 7.61% of their portfolio San Francisco, CA 983,657983.7k $149.4m $149.4m 7.61% Reduced -354.6k -354,606
33 Joel Isaacson & Co., LLC 11.34% of their portfolio NEW YORK, NY 970,073970.1k $147.3m $147.3m 11.34% Added +35.2k +35,178
34 BANK OF MONTREAL /CAN/ 0.07% of their portfolio TORONTO, A6 946,581946.6k $143.7m $143.7m 0.07% Added +89.0k +88,983
35 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 898,659898.7k $136.5m $136.5m 0.02% Added +58.8k +58,789
36 STIFEL FINANCIAL CORP 0.19% of their portfolio ST. LOUIS, MO 815,931815.9k $123.9m $123.9m 0.19% Added +8.3k +8,285
37 Creative Planning 0.17% of their portfolio OVERLAND PARK, KS 743,073743.1k $112.8m $112.8m 0.17% Reduced -29.4k -29,373
38 LINCOLN NATIONAL CORP 2.45% of their portfolio RADNOR, PA 713,527713.5k $108.3m $108.3m 2.45% Added +10.0k +9,974
39 FIFTH THIRD BANCORP 0.50% of their portfolio CINCINNATI, OH 681,574681.6k $103.5m $103.5m 0.50% Added +73.3k +73,268
40 BLAIR WILLIAM & CO/IL 0.44% of their portfolio CHICAGO, IL 669,925669.9k $101.7m $101.7m 0.44% Reduced -11.2k -11,197
41 Retirement Planning Group, LLC 11.03% of their portfolio LEAWOOD, KS 635,658635.7k $96.5m $96.5m 11.03% Reduced -32.1k -32,085
42 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 622,145622.1k $94.5m $94.5m 0.03% Reduced -5.3k -5,304
43 GLENMEDE TRUST CO NA 0.54% of their portfolio PHILADELPHIA, PA 609,233609.2k $92.5m $92.5m 0.54% Added +33.0k +32,952
44 Northeast Financial Consultants Inc 6.08% of their portfolio WESTPORT, CT 593,037593.0k $90.1m $90.1m 6.08% Added +63.4k +63,406
45 Janney Montgomery Scott LLC 0.35% of their portfolio PHILADELPHIA, PA 584,541584.5k $88.8m $88.8m 0.35% Added +40.1k +40,060
46 BARINGS LLC 3.14% of their portfolio CHARLOTTE, NC 583,507583.5k $88.6m $88.6m 3.14% Added +130.2k +130,240
47 Stokes Family Office, LLC 10.18% of their portfolio NEW ORLEANS, LA 521,010521.0k $79.1m $79.1m 10.18% Reduced -23.2k -23,191
48 Performance Wealth Partners, LLC 4.69% of their portfolio HINSDALE, IL 512,904512.9k $77.9m $77.9m 4.69% Added +8.6k +8,618
49 Private Advisor Group, LLC 0.33% of their portfolio MORRISTOWN, NJ 488,883488.9k $11.1m $11.1m 0.33% Added +10.8k +10,822
50 MAI Capital Management 1.22% of their portfolio INDEPENDENCE, OH 475,705475.7k $72.2m $72.2m 1.22% Added +29.5k +29,484
51 Annex Advisory Services, LLC 4.05% of their portfolio BROOKFIELD, WI 473,013473.0k $71.8m $71.8m 4.05% Added +4.7k +4,711
52 Berkshire Money Management, Inc. 11.37% of their portfolio DALTON, MA 472,567472.6k $71.8m $71.8m 11.37% Reduced -19.2k -19,220
53 MERCER GLOBAL ADVISORS INC /ADV 0.36% of their portfolio DENVER, CO 467,848467.8k $71.0m $71.0m 0.36% Added +29.8k +29,775
54 MML INVESTORS SERVICES, LLC 0.47% of their portfolio SPRINGFIELD, MA 467,035467.0k $70.9m $70.9m 0.47% Added +14.7k +14,666
55 PATHSTONE FAMILY OFFICE, LLC 0.53% of their portfolio ENGLEWOOD, NJ 452,980453.0k $63.3m $63.3m 0.53% Added +20.7k +20,748
56 Baird Financial Group, Inc. 0.18% of their portfolio MILWAUKEE, WI 444,885444.9k $67.6m $67.6m 0.18% Reduced -36.7k -36,683
57 SYNOVUS FINANCIAL CORP 0.75% of their portfolio Columbus, GA 431,750431.8k $65.6m $65.6m 0.75% Reduced -1.3k -1,276
58 RATIONAL ADVISORS, INC. 5.31% of their portfolio San Juan, PR 422,125422.1k $64.1m $64.1m 5.31% Reduced -76.1k -76,131
59 Atria Wealth Solutions, Inc. 1.00% of their portfolio NEW YORK, NY 409,085409.1k $62.1m $62.1m 1.00% Added +30.3k +30,264
60 FRANKLIN RESOURCES INC 0.03% of their portfolio San Mateo, CA 402,335402.3k $61.1m $61.1m 0.03% Added +5.6k +5,557
61 Kestra Advisory Services, LLC 0.50% of their portfolio AUSTIN, TX 374,234374.2k $56.8m $56.8m 0.50% Added +44.2k +44,198
62 JONES FINANCIAL COMPANIES LLLP 0.10% of their portfolio DES PERES, MO 368,276368.3k $55.9m $55.9m 0.10% Added +7.2k +7,225
63 360 Financial, Inc. 32.00% of their portfolio WAYZATA, MN 364,390364.4k $49.3m $49.3m 32.00% Unchanged
64 Cresset Asset Management, LLC 0.65% of their portfolio Chicago, IL 362,452362.5k $51.9m $51.9m 0.65% Added +44.4k +44,383
65 Hubbell Strickland Wealth Management, LLC 33.20% of their portfolio NEW ORLEANS, LA 359,329359.3k $54.6m $54.6m 33.20% Added +3.2k +3,203
66 DAVENPORT & Co LLC 0.44% of their portfolio RICHMOND, VA 356,607356.6k $54.2m $54.2m 0.44% Added +24.4k +24,406
67 Systematic Alpha Investments, LLC 2.72% of their portfolio PRINCETON, NJ 353,000353.0k $53.6m $53.6m 2.72% Unchanged
68 Paragon Capital Management Ltd 14.10% of their portfolio DENVER, CO 348,319348.3k $52.9m $52.9m 14.10% Added +1.8k +1,830
69 VPR Management LLC 11.05% of their portfolio HOUSTON, TX 337,085337.1k $51.2m $51.2m 11.05% Unchanged
70 PARK AVENUE SECURITIES LLC 0.90% of their portfolio NEW YORK, NY 333,938333.9k $50.7m $50.7m 0.90% Added +11.4k +11,446
71 Waverly Advisors, LLC 2.76% of their portfolio BIRMINGHAM, AL 327,575327.6k $49.7m $49.7m 2.76% Added +9.3k +9,259
72 Principle Wealth Partners LLC 5.56% of their portfolio MADISON, CT 322,990323.0k $49.0m $49.0m 5.56% Added +1.3k +1,282
73 Nicholas Hoffman & Company, LLC. 5.28% of their portfolio ATLANTA, GA 322,969323.0k $49.0m $49.0m 5.28% Added +6.5k +6,536
74 Evergreen Wealth Management, LLC 5.75% of their portfolio Williamston, MI 319,572319.6k $6.2m $6.2m 5.75% First filing
75 Portfolio Strategies, Inc. 10.58% of their portfolio MONTVALE, NJ 312,532312.5k $47.4m $47.4m 10.58% Added +312.3k +312,332
76 TD PRIVATE CLIENT WEALTH LLC 2.16% of their portfolio NEW YORK, NY 301,520301.5k $45.8m $45.8m 2.16% Added +735 +735
77 Cerity Partners LLC 0.29% of their portfolio NEW YORK, NY 299,705299.7k $45.5m $45.5m 0.29% Added +231.3k +231,327
78 Bard Financial Services, Inc. 3.75% of their portfolio BRANFORD, CT 290,489290.5k $44.1m $44.1m 3.75% Reduced -775 -775
79 Beacon Pointe Advisors, LLC 0.85% of their portfolio NEWPORT BEACH, CA 287,204287.2k $43.6m $43.6m 0.85% Added +27.6k +27,570
80 Equitable Holdings, Inc. 0.74% of their portfolio NEW YORK, NY 281,012281.0k $42.7m $42.7m 0.74% Added +94.6k +94,563
81 IEQ CAPITAL, LLC 1.19% of their portfolio Foster City, CA 279,501279.5k $42.4m $42.4m 1.19% Added +2.1k +2,102
82 Cetera Advisor Networks LLC 0.34% of their portfolio EL SEGUNDO, CA 277,307277.3k $42.1m $42.1m 0.34% Added +41.9k +41,935
83 D.A. DAVIDSON & CO. 0.48% of their portfolio GREAT FALLS, MT 267,759267.8k $40.7m $40.7m 0.48% Reduced -5.3k -5,253
84 ProVise Management Group, LLC 4.08% of their portfolio CLEARWATER, FL 265,696265.7k $40.3m $40.3m 4.08% Added +4.2k +4,216
85 NewEdge Advisors, LLC 0.84% of their portfolio NEW ORLEANS, LA 265,301265.3k $31.9m $31.9m 0.84% Added +49.3k +49,303
86 Haverford Trust Co 0.49% of their portfolio Radnor, PA 261,472261.5k $39.7m $39.7m 0.49% Added +2.6k +2,609
87 PLANNING ALTERNATIVES LTD /ADV 7.01% of their portfolio BIRMINGHAM, MI 253,547253.5k $38.5m $38.5m 7.01% Reduced -11.0k -10,984
88 Evensky & Katz LLC 3.44% of their portfolio CORAL GABLES, FL 251,230251.2k $38.1m $38.1m 3.44% Added +2.7k +2,717
89 American Financial Advisors, LLC 6.44% of their portfolio Marietta, GA 250,193250.2k $38.0m $38.0m 6.44% Added +269 +269
90 Resonant Capital Advisors, LLC 4.72% of their portfolio Madison, WI 249,471249.5k $37.9m $37.9m 4.72% Added +9.0k +8,993
91 US BANCORP \DE\ 0.07% of their portfolio MINNEAPOLIS, MN 248,851248.9k $37.8m $37.8m 0.07% Added +13.9k +13,933
92 Klaas Financial Asset Advisors, LLC 9.37% of their portfolio LOVES PARK, IL 248,383248.4k $37.7m $37.7m 9.37% Reduced -4.3k -4,315
93 Mosaic Advisors LLC 31.98% of their portfolio HOUSTON, TX 248,084248.1k $37.7m $37.7m 31.98% Reduced -33.8k -33,846
94 New England Private Wealth Advisors LLC 7.83% of their portfolio WELLESLEY, MA 243,175243.2k $36.9m $36.9m 7.83% Added +763 +763
95 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 242,244242.2k $36.8m $36.8m 0.04% Added +27.7k +27,743
96 Connecticut Wealth Management, LLC 3.10% of their portfolio FARMINGTON, CT 240,989241.0k $36.6m $36.6m 3.10% Reduced -218 -218
97 Zions Bancorporation, N.A. 2.85% of their portfolio SALT LAKE CITY, UT 237,851237.9k $36.1m $36.1m 2.85% Added +96.4k +96,391
98 E&G Advisors, LLC 13.55% of their portfolio HOUSTON, TX 237,404237.4k $36.0m $36.0m 13.55% Reduced -2.1k -2,097
99 MJP ASSOCIATES INC /ADV 10.57% of their portfolio FARMINGTON, CT 235,229235.2k $35.7m $35.7m 10.57% Reduced -35.6k -35,595
100 Arete Wealth Advisors, LLC 3.12% of their portfolio CHICAGO, IL 234,787234.8k $35.7m $35.7m 3.12% Reduced -30.0k -29,970