Vault-13

VANGUARD WORLD FD MGC

MEGA CAP INDEX · ETP · CUSIP 921910873

526 institutional holders +33 vs Q3 2025
22,709,16022.7m shares reported held*
$5.7bnreported value*
41 new 173 added 168 reduced 24 sold out net bought ≈ $778.9m (+3.1m 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 ($52.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $251.34. Options: 3 managers hold calls ($4.1m notional), 0 hold puts (—).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 285Q4 22: 307Q1 23: 308Q2 23: 326Q3 23: 330Q4 23: 381Q1 24: 410Q2 24: 424Q3 24: 428Q4 24: 461Q1 25: 456Q2 25: 475Q3 25: 493Q4 25: 526526Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022285
Q4 2022307
Q1 2023308
Q2 2023326
Q3 2023330
Q4 2023381
Q1 2024410
Q2 2024424
Q3 2024428
Q4 2024461
Q1 2025456
Q2 2025475
Q3 2025493
Q4 2025526

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 24: 182 bought or addedQ1 24: 137 cut or sold outQ2 24: 170 bought or addedQ2 24: 141 cut or sold outQ2 24Q3 24: 194 bought or addedQ3 24: 151 cut or sold outQ4 24: 177 bought or addedQ4 24: 167 cut or sold outQ4 24Q1 25: 200 bought or addedQ1 25: 176 cut or sold outQ2 25: 177 bought or addedQ2 25: 178 cut or sold outQ2 25Q3 25: 228 bought or addedQ3 25: 157 cut or sold outQ4 25: 214 bought or addedQ4 25: 192 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024182137
Q2 2024170141
Q3 2024194151
Q4 2024177167
Q1 2025200176
Q2 2025177178
Q3 2025228157
Q4 2025214192

Calls vs puts

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

CallsPuts
$0$2m$4m$6mQ1 25 calls: $0Q1 25 puts: $0Q1 25P/C —Q2 25 calls: $292.4kQ2 25 puts: $292.4kQ2 25P/C 1.00Q3 25 calls: $463.8kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $4.1mQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$0$0—
Q2 2025$292.4k$292.4k1.00
Q3 2025$463.8k$00.00
Q4 2025$4.1m$00.00

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC Added +3,238,448+3.2m
GOLDMAN SACHS GROUP INC Added +85,413+85.4k
WIN ADVISORS, INC New +83,640+83.6k
Beacon Pointe Advisors, LLC Added +61,645+61.6k
Choate Investment Advisors New +58,067+58.1k
Concurrent Investment Advisors, LLC Added +57,846+57.8k
Jump Financial, LLC New +48,366+48.4k
EXCHANGE TRADED CONCEPTS, LLC New +44,270+44.3k
MGO ONE SEVEN LLC Added +36,332+36.3k
Rockefeller Capital Management L.P. Added +25,550+25.6k

Biggest sellers

JPMORGAN CHASE & CO Reduced -432,605-432.6k
TWO SIGMA INVESTMENTS, LP Sold out -103,900-103.9k
Sanctuary Advisors, LLC Reduced -81,744-81.7k
WELLINGTON MANAGEMENT GROUP LLP Sold out -69,530-69.5k
Apella Capital, LLC Reduced -47,562-47.6k
APS Management Group, Inc. Reduced -27,258-27.3k
Waterford Advisors, LLC Sold out -23,949-23.9k
Mesirow Financial Investment Management, Inc. Reduced -21,552-21.6k
AlphaCore Capital LLC Reduced -16,671-16.7k
BANK OF AMERICA CORP /DE/ Reduced -13,683-13.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.1m8.4k shares
JANE STREET GROUP, LLC New $1.7m6.7k shares
CITADEL ADVISORS LLC Added $276.3k1.1k 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, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.37% of their portfolio Berwyn, PA 4,959,4035.0m $1.2bn $1.2bn 0.37% Added +3.2m +3,238,448
2 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 1,555,9231.6m $390.8m $390.8m 0.03% Reduced -13.7k -13,683
3 New York Life Investment Management LLC 1.53% of their portfolio New York, NY 704,229704.2k $176.9m $176.9m 1.53% Reduced -7.2k -7,171
4 VANTAGEPOINT INVESTMENT ADVISERS LLC 1.34% of their portfolio WASHINGTON, DC 660,369660.4k $165.9m $165.9m 1.34% Unchanged
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 594,721594.7k $149.4m $149.4m 0.01% Added +17.6k +17,646
6 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 590,775590.8k $148.4m $148.4m 0.03% Added +21.8k +21,811
7 LEAVELL INVESTMENT MANAGEMENT, INC. 5.23% of their portfolio MOBILE, AL 500,553500.6k $125.7m $125.7m 5.23% Reduced -1.2k -1,181
8 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 486,850486.9k $122.3m $122.3m 0.03% Added +5.8k +5,822
9 RiverFront Investment Group, LLC 2.01% of their portfolio RICHMOND, VA 485,141485.1k $121.9m $121.9m 2.01% Added +3.0k +3,019
10 UBS Group AG 0.02% of their portfolio ZURICH, V8 480,366480.4k $120.7m $120.7m 0.02% Reduced -13.5k -13,453
11 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 478,203478.2k $120.1m $120.1m 0.01% Reduced -432.6k -432,605
12 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 470,083470.1k $118.1m $118.1m 0.03% Reduced -964 -964
13 Procyon Advisors, LLC 5.64% of their portfolio SHELTON, CT 454,067454.1k $114.0m $114.0m 5.64% Reduced -4.4k -4,448
14 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 442,288442.3k $111.1m $111.1m 0.03% Added +1.0k +1,008
15 Cadence Bank 6.39% of their portfolio Tupelo, MS 434,553434.6k $109.1m $109.1m 6.39% Added +3.7k +3,669
16 PNC Financial Services Group, Inc. 0.06% of their portfolio Pittsburgh, PA 433,587433.6k $108.9m $108.9m 0.06% Added +10.6k +10,606
17 Cetera Investment Advisers 0.08% of their portfolio SCHAUMBURG, IL 294,843294.8k $74.1m $74.1m 0.08% Reduced -4.4k -4,447
18 Apella Capital, LLC 1.20% of their portfolio WEST HARTFORD, CT 241,091241.1k $60.6m $60.6m 1.20% Reduced -47.6k -47,562
19 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 233,151233.2k $58.6m $58.6m 0.04% Reduced -3.2k -3,187
20 SUMMIT WEALTH & RETIREMENT PLANNING, INC. 12.67% of their portfolio EAGLE, ID 214,254214.3k $53.8m $53.8m 12.67% Reduced -1.8k -1,849
21 Ascent Group, LLC 1.83% of their portfolio VIRGINIA BEACH, VA 212,869212.9k $53.5m $53.5m 1.83% Added +5.4k +5,419
22 CAPTRUST FINANCIAL ADVISORS 0.10% of their portfolio RALEIGH, NC 210,147210.1k $52.8m $52.8m 0.10% Reduced -576 -576
23 COMMONWEALTH EQUITY SERVICES, LLC 0.07% of their portfolio WALTHAM, MA 204,208204.2k $51.3m $51.3m 0.07% Reduced -6.3k -6,293
24 Verus Financial Partners, Inc. 4.71% of their portfolio RICHMOND, VA 201,637201.6k $51.2m $51.2m 4.71% Reduced -4.2k -4,246
25 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 199,423199.4k $50.1m $50.1m 0.01% Reduced -7.2k -7,188
26 Forvis Mazars Wealth Advisors, LLC 0.89% of their portfolio Springfield, MO 188,156188.2k $47.3m $47.3m 0.89% Reduced -5.1k -5,064
27 Orion Porfolio Solutions, LLC 0.32% of their portfolio OMAHA, NE 176,031176.0k $44.2m $44.2m 0.32% Added +518 +518
28 One Capital Management, LLC 1.33% of their portfolio WESTLAKE VILLAGE, CA 175,968176.0k $44.2m $44.2m 1.33% Added +6.6k +6,645
29 TRUIST FINANCIAL CORP 0.05% of their portfolio CHARLOTTE, NC 163,597163.6k $41.1m $41.1m 0.05% Reduced -12.3k -12,262
30 IEQ CAPITAL, LLC 0.12% of their portfolio Foster City, CA 163,346163.3k $41.0m $41.0m 0.12% Added +699 +699
31 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 161,579161.6k $40.9m $40.9m 0.07% Added +8.8k +8,838
32 Rockefeller Capital Management L.P. 0.07% of their portfolio NEW YORK, NY 151,253151.3k $38.0m $38.0m 0.07% Added +25.6k +25,550
33 Investment Planning Advisors, Inc. 9.96% of their portfolio CUMMING, GA 136,254136.3k $34.2m $34.2m 9.96% Reduced -611 -611
34 ProVise Management Group, LLC 2.40% of their portfolio CLEARWATER, FL 134,411134.4k $33.8m $33.8m 2.40% Added +1.3k +1,271
35 Black Diamond Financial, LLC 2.99% of their portfolio TOWSON, MD 113,098113.1k $28.4m $28.4m 2.99% Reduced -139 -139
36 Mesirow Financial Investment Management, Inc. 0.56% of their portfolio CHICAGO, IL 107,736107.7k $27.1m $27.1m 0.56% Reduced -21.6k -21,552
37 West Wealth Group, LLC 5.41% of their portfolio Irvine, CA 103,726103.7k $26.1m $26.1m 5.41% Added +6.9k +6,920
38 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 101,025101.0k $25.4m $25.4m 0.00% Added +85.4k +85,413
39 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 98,57298.6k $24.8m $24.8m 0.04% Reduced -9.2k -9,227
40 Triad Wealth Partners, LLC 2.25% of their portfolio LAWRENCE, KS 94,12194.1k $23.6m $23.6m 2.25% Added +19.5k +19,549
41 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 92,42092.4k $23.5m $23.5m 0.03% Added +2.0k +2,022
42 Praetorian Wealth Management, Inc. 4.51% of their portfolio CARMEL, CA 90,53390.5k $22.7m $22.7m 4.51% Reduced -2.0k -2,048
43 MGO ONE SEVEN LLC 0.46% of their portfolio Beachwood, OH 89,74389.7k $22.5m $22.5m 0.46% Added +36.3k +36,332
44 FSA WEALTH PARTNERS, INC. 8.07% of their portfolio Rockville, MD 89,43389.4k $22.5m $22.5m 8.07% Reduced -1.3k -1,293
45 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 87,69787.7k $22.0m $22.0m 0.05% Reduced -1.4k -1,431
46 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.39% of their portfolio Seattle, WA 85,75885.8k $21.5m $21.5m 0.39% Added +2.7k +2,666
47 Capital Investment Advisors, LLC 0.33% of their portfolio ATLANTA, GA 85,38085.4k $21.4m $21.4m 0.33% Added +5.3k +5,254
48 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 84,64784.6k $21.3m $21.3m 0.06% Added +7.1k +7,079
49 WIN ADVISORS, INC 8.92% of their portfolio PALM BEACH GARDENS, FL 83,64083.6k $21.0m $21.0m 8.92% New
50 EXENCIAL WEALTH ADVISORS, LLC 0.66% of their portfolio OKLAHOMA CITY, OK 83,13583.1k $20.9m $20.9m 0.66% Reduced -3.3k -3,330
51 Sanctuary Advisors, LLC 0.10% of their portfolio INDIANAPOLIS, IN 72,29672.3k $18.2m $18.2m 0.10% Reduced -81.7k -81,744
52 MA Private Wealth 3.01% of their portfolio SAN CARLOS, CA 71,91471.9k $18.1m $18.1m 3.01% Reduced -1.1k -1,125
53 COZAD ASSET MANAGEMENT INC 1.36% of their portfolio CHAMPAIGN, IL 69,84569.8k $17.5m $17.5m 1.36% Reduced -811 -811
54 VSM Wealth Advisory, LLC 5.25% of their portfolio HUNT VALLEY, MD 69,53969.5k $17.5m $17.5m 5.25% Reduced -1.7k -1,713
55 Beacon Pointe Advisors, LLC 0.12% of their portfolio NEWPORT BEACH, CA 69,47469.5k $17.4m $17.4m 0.12% Added +61.6k +61,645
56 Modera Wealth Management, LLC 0.20% of their portfolio WESTWOOD, NJ 67,88867.9k $17.1m $17.1m 0.20% Reduced -652 -652
57 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 67,42367.4k $16.9m $16.9m 0.01% Reduced -5.8k -5,781
58 Concurrent Investment Advisors, LLC 0.19% of their portfolio Tampa, FL 67,11067.1k $16.9m $16.9m 0.19% Added +57.8k +57,846
59 PATTEN & PATTEN INC/TN 0.93% of their portfolio CHATTANOOGA, TN 62,94162.9k $15.8m $15.8m 0.93% Added +16.6k +16,648
60 BEACON FINANCIAL GROUP 1.52% of their portfolio DALLAS, TX 60,73460.7k $15.3m $15.3m 1.52% Added +3.9k +3,859
61 HB Wealth Management, LLC 0.10% of their portfolio Atlanta, GA 59,35559.4k $14.9m $14.9m 0.10% Unchanged
62 AlphaCore Capital LLC 0.33% of their portfolio LA JOLLA, CA 58,49758.5k $14.7m $14.7m 0.33% Reduced -16.7k -16,671
63 Choate Investment Advisors 0.29% of their portfolio BOSTON, MA 58,06758.1k $14.6m $14.6m 0.29% New
64 Capital Advantage, Inc. 1.97% of their portfolio Walnut Creek, CA 58,05958.1k $14.6m $14.6m 1.97% Added +491 +491
65 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 58,00458.0k $14.6m $14.6m 0.01% Added +8.5k +8,538
66 Colorado Capital Management, Inc. 5.03% of their portfolio BOULDER, CO 53,38753.4k $13.4m $13.4m 5.03% Added +2.7k +2,659
67 Hobart Private Capital, LLC 2.47% of their portfolio CHARLOTTE, NC 50,35850.4k $12.6m $12.6m 2.47% Added +40 +40
68 Keel Point, LLC 0.75% of their portfolio HUNTSVILLE, AL 49,82949.8k $12.5m $12.5m 0.75% Added +862 +862
69 Systelligence, LLC 2.36% of their portfolio BLOOMINGTON, MN 49,43549.4k $12.4m $12.4m 2.36% Added +13.1k +13,057
70 Jump Financial, LLC 0.15% of their portfolio Chicago, IL 48,36648.4k $12.1m $12.1m 0.15% New
71 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 48,15048.1k $12.1m $12.1m 0.02% Added +449 +449
72 TriaGen Wealth Management LLC 3.09% of their portfolio Calabasas, CA 47,52147.5k $11.9m $11.9m 3.09% Reduced -31 -31
73 RETIREMENT FINANCIAL SOLUTIONS, LLC 3.39% of their portfolio KNOXVILLE, TN 46,08146.1k $11.6m $11.6m 3.39% Added +2.5k +2,465
74 Claro Advisors Inc. 1.56% of their portfolio BOSTON, MA 45,42845.4k $11.4m $11.4m 1.56% Added +5.6k +5,579
75 EXCHANGE TRADED CONCEPTS, LLC 0.09% of their portfolio Oklahoma City, OK 44,27044.3k $11.1m $11.1m 0.09% New
76 Physician Wealth Advisors, Inc. 1.53% of their portfolio MIDVALE, UT 43,68943.7k $11.0m $11.0m 1.53% Added +1.5k +1,492
77 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.71% of their portfolio FORT WAYNE, IN 43,58843.6k $10.9m $10.9m 0.71% Reduced -690 -690
78 CreativeOne Wealth, LLC 0.27% of their portfolio OVERLAND PARK, KS 43,55343.6k $10.9m $10.9m 0.27% Reduced -11.9k -11,944
79 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 41,96442.0k $10.5m $10.5m 0.00% Reduced -700 -700
80 Blackston Financial Advisory Group, LLC 6.10% of their portfolio THE VILLAGES, FL 39,89539.9k $10.0m $10.0m 6.10% Reduced -908 -908
81 Destination Wealth Management 0.25% of their portfolio Walnut Creek, CA 38,70838.7k $9.7m $9.7m 0.25% Reduced -588 -588
82 STEPH & CO 2.78% of their portfolio MARINETTE, WI 38,43938.4k $9.7m $9.7m 2.78% Added +1.9k +1,877
83 Kestra Advisory Services, LLC 0.04% of their portfolio AUSTIN, TX 38,12738.1k $9.6m $9.6m 0.04% Added +117 +117
84 Security Financial Services, INC. 1.50% of their portfolio Fort Wayne, IN 37,91737.9k $9.5m $9.5m 1.50% Added +901 +901
85 BCGM Wealth Management, LLC 2.43% of their portfolio LAFAYETTE, IN 37,90537.9k $9.5m $9.5m 2.43% Reduced -176 -176
86 SCHMIDT P J INVESTMENT MANAGEMENT INC 1.55% of their portfolio CEDARBURG, WI 37,85637.9k $9.5m $9.5m 1.55% Reduced -3.0k -2,968
87 CALTON & ASSOCIATES, INC. 1.38% of their portfolio Tampa, FL 37,41637.4k $9.4m $9.4m 1.38% Reduced -280 -280
88 Baker Ellis Asset Management LLC 1.10% of their portfolio Vancouver, WA 36,38536.4k $9.1m $9.1m 1.10% Reduced -1.1k -1,125
89 Segment Wealth Management, LLC 0.51% of their portfolio HOUSTON, TX 35,00435.0k $8.8m $8.8m 0.51% Reduced -100 -100
90 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 34,60534.6k $8.7m $8.7m 0.01% Added +9.7k +9,716
91 MONETA GROUP INVESTMENT ADVISORS LLC 0.07% of their portfolio ST LOUIS, MO 34,37134.4k $8.6m $8.6m 0.07% Reduced -306 -306
92 BlackRock, Inc. 0.00% of their portfolio New York, NY 33,10033.1k $8.3m $8.3m 0.00% Added +20.5k +20,470
93 FLORIDA FINANCIAL ADVISORS, LLC 2.24% of their portfolio TAMPA, FL 32,84132.8k $8.2m $8.2m 2.24% Added +1.1k +1,075
94 ENDEAVOR PRIVATE WEALTH, INC. 2.34% of their portfolio TOPEKA, KS 32,47832.5k $8.2m $8.2m 2.34% Added +854 +854
95 FMR LLC 0.00% of their portfolio BOSTON, MA 31,80331.8k $8.0m $8.0m 0.00% Added +959 +959
96 Wealthfront Advisers LLC 0.02% of their portfolio Palo Alto, CA 30,71230.7k $7.7m $7.7m 0.02% Reduced -386 -386
97 Mariner, LLC 0.01% of their portfolio Overland Park, KS 30,28730.3k $7.6m $7.6m 0.01% Added +17.3k +17,343
98 COLDSTREAM CAPITAL MANAGEMENT INC 0.10% of their portfolio BELLEVUE, WA 29,84529.8k $7.5m $7.5m 0.10% Added +1.6k +1,567
99 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 29,16229.2k $7.3m $7.3m 0.02% Added +1.7k +1,719
100 Parkway Wealth Management Group, LLC 0.98% of their portfolio Plano, TX 29,05429.1k $7.3m $7.3m 0.98% First filing