Vault-13

VANGUARD ADMIRAL FDS INC VIOV

SMLCP 600 VAL · ETP · CUSIP 921932778

191 institutional holders +10 vs Q1 2025
6,051,7136.1m shares reported held*
$518.4mreported value*
26 new 59 added 50 reduced 16 sold out net bought ≈ $41.4m (+483.7k 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 ($1.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $85.66.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 135Q4 22: 151Q1 23: 161Q2 23: 155Q3 23: 150Q4 23: 161Q1 24: 170Q2 24: 165Q3 24: 174Q4 24: 192Q1 25: 181Q2 25: 191191Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022135
Q4 2022151
Q1 2023161
Q2 2023155
Q3 2023150
Q4 2023161
Q1 2024170
Q2 2024165
Q3 2024174
Q4 2024192
Q1 2025181
Q2 2025191

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 71 bought or addedQ3 23: 71 cut or sold outQ4 23: 73 bought or addedQ4 23: 71 cut or sold outQ4 23Q1 24: 72 bought or addedQ1 24: 71 cut or sold outQ2 24: 48 bought or addedQ2 24: 88 cut or sold outQ2 24Q3 24: 70 bought or addedQ3 24: 75 cut or sold outQ4 24: 87 bought or addedQ4 24: 64 cut or sold outQ4 24Q1 25: 72 bought or addedQ1 25: 80 cut or sold outQ2 25: 85 bought or addedQ2 25: 66 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20237171
Q4 20237371
Q1 20247271
Q2 20244888
Q3 20247075
Q4 20248764
Q1 20257280
Q2 20258566

Biggest buyers

ASPIRIANT, LLC Added +308,682+308.7k
Avior Wealth Management, LLC Added +84,871+84.9k
Jefferies Financial Group Inc. New +75,000+75.0k
Pathstone Holdings, LLC New +69,561+69.6k
Code Waechter LLC New +69,170+69.2k
PARK AVENUE SECURITIES LLC New +64,815+64.8k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +51,759+51.8k
Cannon Financial Strategists, Inc. Added +42,042+42.0k
Cambridge Financial Group, LLC Added +38,408+38.4k
MARQUETTE ASSOCIATES, INC. New +38,278+38.3k

Biggest sellers

MONETA GROUP INVESTMENT ADVISORS LLC Reduced -147,891-147.9k
TWO SIGMA INVESTMENTS, LP Sold out -90,341-90.3k
FSA Investment Group, LLC Sold out -69,485-69.5k
VAN ECK ASSOCIATES CORP Reduced -58,078-58.1k
WELLINGTON MANAGEMENT GROUP LLP Reduced -49,253-49.3k
RFG Holdings, Inc. Reduced -33,402-33.4k
N.E.W. Advisory Services LLC Reduced -31,098-31.1k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -28,528-28.5k
One Day In July LLC Reduced -20,541-20.5k
RAYMOND JAMES FINANCIAL INC Reduced -19,354-19.4k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 350,506350.5k $30.0m $30.0m 0.00% Added +26.7k +26,680
2 ASPIRIANT, LLC 0.93% of their portfolio San Francisco, CA 340,934340.9k $29.2m $29.2m 0.93% Added +308.7k +308,682
3 N.E.W. Advisory Services LLC 2.68% of their portfolio DE PERE, WI 322,805322.8k $27.6m $27.6m 2.68% Reduced -31.1k -31,098
4 UBS Group AG 0.01% of their portfolio ZURICH, V8 301,363301.4k $25.8m $25.8m 0.01% Reduced -7.4k -7,375
5 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 235,086235.1k $20.1m $20.1m 0.01% Reduced -19.4k -19,354
6 One Day In July LLC 1.44% of their portfolio BURLINGTON, VT 185,189185.2k $15.8m $15.8m 1.44% Reduced -20.5k -20,541
7 Gallagher Fiduciary Advisors, LLC 0.57% of their portfolio ROLLING MEADOWS, IL 172,189172.2k $14.7m $14.7m 0.57% Added +8.4k +8,394
8 Atria Investments, Inc 0.17% of their portfolio Charlotte, NC 169,780169.8k $14.5m $14.5m 0.17% Added +8.3k +8,316
9 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 168,970169.0k $14.5m $14.5m 0.00% Reduced -1.5k -1,473
10 Cannon Financial Strategists, Inc. 2.15% of their portfolio ATHENS, GA 159,234159.2k $13.6m $13.6m 2.15% Added +42.0k +42,042
11 SYM FINANCIAL Corp 1.30% of their portfolio WINONA LAKE, IN 136,238136.2k $11.7m $11.7m 1.30% Added +709 +709
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 132,040132.0k $11.3m $11.3m 0.00% Reduced -8.1k -8,131
13 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 130,481130.5k $11.2m $11.2m 0.02% Reduced -377 -377
14 ASSET PLANNING CORPORATION 5.64% of their portfolio KNOXVILLE, TN 123,949123.9k $10.6m $10.6m 5.64% Added +16.1k +16,087
15 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 123,166123.2k $10.5m $10.5m 0.00% Added +20.5k +20,534
16 FIRST MANHATTAN CO. LLC. 0.03% of their portfolio NEW YORK, NY 122,225122.2k $10.5m $10.5m 0.03% Reduced -1.2k -1,191
17 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.06% of their portfolio NEW YORK, NY 105,065105.1k $9.0m $9.0m 0.06% Added +4.8k +4,779
18 RIVERSEDGE ADVISORS, LLC 1.73% of their portfolio Wilmington, DE 103,387103.4k $8.8m $8.8m 1.73% Added +31.3k +31,335
19 Legend Financial Advisors, Inc. 5.48% of their portfolio PITTSBURGH, PA 96,37696.4k $8.2m $8.2m 5.48% Reduced -837 -837
20 Silver Oak Advisory Group, Inc. 3.78% of their portfolio PORTLAND, OR 91,24791.2k $7.8m $7.8m 3.78% Reduced -1.7k -1,677
21 Avior Wealth Management, LLC 0.27% of their portfolio OMAHA, NE 90,98491.0k $7.8m $7.8m 0.27% Added +84.9k +84,871
22 Mokosak Advisory Group, LLC 2.19% of their portfolio URBANDALE, IA 90,59690.6k $7.8m $7.8m 2.19% Added +1.9k +1,919
23 CWM, LLC 0.03% of their portfolio OMAHA, NE 90,52790.5k $7.7m $7.7m 0.03% Reduced -4.3k -4,279
24 First Bank & Trust 1.20% of their portfolio BROOKINGS, SD 78,42278.4k $6.7m $6.7m 1.20% Unchanged
25 VAN ECK ASSOCIATES CORP 0.01% of their portfolio NEW YORK, NY 78,36478.4k $6.7m $6.7m 0.01% Reduced -58.1k -58,078
26 Jefferies Financial Group Inc. 0.11% of their portfolio NEW YORK, NY 75,00075.0k $6.4m $6.4m 0.11% New
27 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 74,30274.3k $6.6m $6.6m 0.01% Added +51.8k +51,759
28 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 71,45271.5k $6.1m $6.1m 0.02% Added +1.4k +1,352
29 Pathstone Holdings, LLC 0.02% of their portfolio ENGLEWOOD, NJ 69,56169.6k $6.0m $6.0m 0.02% New
30 Code Waechter LLC 4.21% of their portfolio TAMPA, FL 69,17069.2k $5.9m $5.9m 4.21% New
31 PARK AVENUE SECURITIES LLC 0.05% of their portfolio NEW YORK, NY 64,81564.8k $5.5m $5.5m 0.05% New
32 Mutual Advisors, LLC 0.13% of their portfolio OMAHA, NE 56,54456.5k $5.1m $5.1m 0.13% Added +5.4k +5,393
33 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 56,25956.3k $4.8m $4.8m 0.00% Reduced -9.1k -9,143
34 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 54,87854.9k $4.7m $4.7m 0.00% Reduced -49.3k -49,253
35 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 51,44251.4k $4.4m $4.4m 0.00% Added +16.7k +16,692
36 Cambridge Financial Group, LLC 1.61% of their portfolio TUCSON, AZ 50,19650.2k $4.3m $4.3m 1.61% Added +38.4k +38,408
37 World Investment Advisors 0.09% of their portfolio LINCROFT, NJ 47,49047.5k $4.1m $4.1m 0.09% Added +2.6k +2,588
38 RFG Holdings, Inc. 1.16% of their portfolio Argyle, TX 46,81746.8k $4.0m $4.0m 1.16% Reduced -33.4k -33,402
39 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 41,55741.6k $3.6m $3.6m 0.03% Added +3.0k +3,033
40 EVERGREEN CAPITAL MANAGEMENT LLC 0.11% of their portfolio Bellevue, WA 40,90440.9k $3.5m $3.5m 0.11% Added +1 +1
41 INTEGRATED CAPITAL MANAGEMENT, INC. 2.56% of their portfolio JESSUP, PA 39,36439.4k $3.4m $3.4m 2.56% Reduced -206 -206
42 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 38,65138.7k $3.3m $3.3m 0.00% Reduced -3.8k -3,786
43 Global Retirement Partners, LLC 0.08% of their portfolio San Rafael, CA 38,59838.6k $3.3m $3.3m 0.08% First filing
44 MARQUETTE ASSOCIATES, INC. 3.21% of their portfolio CHICAGO, IL 38,27838.3k $3.3m $3.3m 3.21% New
45 BRANDYWINE OAK PRIVATE WEALTH LLC 0.27% of their portfolio Kennett Square, PA 34,35534.4k $2.9m $2.9m 0.27% Reduced -401 -401
46 Mariner, LLC 0.00% of their portfolio Overland Park, KS 31,83931.8k $2.7m $2.7m 0.00% Reduced -5.0k -4,964
47 EXENCIAL WEALTH ADVISORS, LLC 0.09% of their portfolio OKLAHOMA CITY, OK 30,89330.9k $2.6m $2.6m 0.09% Reduced -230 -230
48 SAXON INTERESTS, INC. 1.18% of their portfolio HOUSTON, TX 29,95330.0k $2.5m $2.5m 1.18% Unchanged
49 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 28,67728.7k $2.5m $2.5m 0.00% Reduced -6.0k -5,970
50 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 28,47428.5k $2.4m $2.4m 0.00% Reduced -28.5k -28,528
51 Red Door Wealth Management, LLC 0.28% of their portfolio Memphis, TN 27,78027.8k $2.4m $2.4m 0.28% Added +1.1k +1,074
52 Integrated Investment Consultants, LLC 0.44% of their portfolio BLOOMFIELD HILLS, MI 25,91125.9k $2.2m $2.2m 0.44% Reduced -1.2k -1,178
53 EP Wealth Advisors, LLC 0.01% of their portfolio TORRANCE, CA 25,60825.6k $2.2m $2.2m 0.01% Unchanged
54 STUDIO INVESTMENT MANAGEMENT LLC 0.43% of their portfolio CHICAGO, IL 24,81524.8k $2.1m $2.1m 0.43% Added +2.2k +2,184
55 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 24,39924.4k $2.1m $2.1m 0.00% Reduced -2.2k -2,204
56 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 23,64123.6k $2.0m $2.0m 0.01% Added +316 +316
57 SUMMIT WEALTH GROUP LLC / CO 0.50% of their portfolio COLORADO SPRINGS, CO 23,34823.3k $2.0m $2.0m 0.50% First filing
58 Evensky & Katz LLC 0.12% of their portfolio CORAL GABLES, FL 23,21123.2k $2.0m $2.0m 0.12% Reduced -874 -874
59 Total Clarity Wealth Management, Inc. 0.55% of their portfolio ST. CHARLES, IL 22,39022.4k $1.9m $1.9m 0.55% New
60 Inman Jager Wealth Management, LLC 1.27% of their portfolio HATTIESBURG, MS 21,97922.0k $1.9m $1.9m 1.27% Added +5.2k +5,180
61 AMERICAN FINANCIAL & TAX STRATEGIES INC 0.96% of their portfolio NEW YORK, NY 21,64221.6k $1.9m $1.9m 0.96% Unchanged
62 MONETA GROUP INVESTMENT ADVISORS LLC 0.02% of their portfolio ST LOUIS, MO 20,70820.7k $1.8m $1.8m 0.02% Reduced -147.9k -147,891
63 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 20,17820.2k $1.7m $1.7m 0.01% Reduced -3.2k -3,183
64 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 20,07620.1k $1.7m $1.7m 0.00% Added +268 +268
65 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 19,11719.1k $1.6m $1.6m 0.00% Added +14.0k +14,016
66 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 18,12718.1k $1.6m $1.6m 0.00% Added +11.6k +11,625
67 Spire Wealth Management 0.05% of their portfolio MCLEAN, VA 17,87617.9k $1.5m $1.5m 0.05% Reduced -7.2k -7,240
68 Ackerman Capital Advisors, LLC 0.35% of their portfolio DALLAS, TX 17,56417.6k $1.5m $1.5m 0.35% Added +3.3k +3,272
69 Composition Wealth, LLC 0.02% of their portfolio LOS ANGELES, CA 16,33116.3k $1.4m $1.4m 0.02% Added +666 +666
70 St. Louis Trust Co 0.19% of their portfolio SAINT LOUIS, MO 16,30016.3k $1.4m $1.4m 0.19% New
71 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 15,02015.0k $1.3m $1.3m 0.00% Reduced -11.0k -11,026
72 Financial Strategies Group, Inc. 0.26% of their portfolio OKEMOS, MI 14,05514.1k $1.3m $1.3m 0.26% Added +1.3k +1,270
73 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.09% of their portfolio FORT WAYNE, IN 13,98014.0k $1.2m $1.2m 0.09% Unchanged
74 Naviter Wealth, LLC 0.14% of their portfolio LITTLE ROCK, AR 12,81412.8k $1.1m $1.1m 0.14% Unchanged
75 Wealth Architects, LLC 0.10% of their portfolio MOUNTAIN VIEW, CA 12,07012.1k $1.0m $1.0m 0.10% Unchanged
76 Pacific Sun Financial Corp 0.52% of their portfolio LOS ANGELES, CA 11,68411.7k $999.8k $999.8k 0.52% Reduced -660 -660
77 Focus Partners Advisor Solutions, LLC 0.01% of their portfolio SAINT LOUIS, MO 11,43611.4k $978.6k $978.6k 0.01% New
78 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 11,21011.2k $959.2k $959.2k 0.00% Unchanged
79 Vestmark Advisory Solutions, Inc. 0.01% of their portfolio Wakefield, MA 10,74610.7k $919.5k $919.5k 0.01% Added +1.6k +1,576
80 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 10,53910.5k $901.8k $901.8k 0.00% New
81 Rodgers & Associates, LTD 0.10% of their portfolio Lancaster, PA 10,18510.2k $871.6k $871.6k 0.10% Added +3.8k +3,839
82 FAMILY WEALTH PARTNERS, LLC 0.35% of their portfolio MATTHEWS, NC 10,08110.1k $862.6k $862.6k 0.35% New
83 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 8,9298.9k $764.1k $764.1k 0.01% Reduced -1.4k -1,398
84 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 8,6668.7k $741.5k $741.5k 0.01% Unchanged
85 Betterment LLC 0.00% of their portfolio NEW YORK, NY 8,6568.7k $741.0k $741.0k 0.00% Added +2.3k +2,259
86 Envestnet Portfolio Solutions, Inc. 0.00% of their portfolio BERWYN, PA 8,5818.6k $734.3k $734.3k 0.00% Added +27 +27
87 BAILARD, INC. 0.02% of their portfolio Foster City, CA 8,1718.2k $699.2k $699.2k 0.02% New
88 KEYVANTAGE WEALTH, LLC 0.31% of their portfolio BETHLEHEM, PA 8,1168.1k $694.5k $694.5k 0.31% Reduced -670 -670
89 Relyea Zuckerberg Hanson LLC 0.08% of their portfolio STAMFORD, CT 8,0178.0k $686.0k $686.0k 0.08% Reduced -2.7k -2,714
90 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 7,9067.9k $677.0k $677.0k 0.00% Reduced -532 -532
91 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 7,8917.9k $675.2k $675.2k 0.00% New
92 Bristlecone Advisors, LLC 0.06% of their portfolio BELLEVUE, WA 7,8007.8k $667.4k $667.4k 0.06% Unchanged
93 KESTRA PRIVATE WEALTH SERVICES, LLC 0.01% of their portfolio AUSTIN, TX 7,6377.6k $653.5k $653.5k 0.01% Added +968 +968
94 Fifth Third Securities, Inc. 0.04% of their portfolio Cincinnati, OH 6,7916.8k $581.1k $581.1k 0.04% Unchanged
95 Integrated Capital Management, LLC 0.28% of their portfolio BLOOMFIELD, MI 6,7416.7k $594.0k $594.0k 0.28% Reduced -246 -246
96 DIVERSIFIED TRUST CO 0.01% of their portfolio MEMPHIS, TN 6,3776.4k $545.7k $545.7k 0.01% New
97 Empowered Funds, LLC 0.01% of their portfolio NEWTOWN SQUARE, PA 6,3346.3k $542.0k $542.0k 0.01% New
98 RWA WEALTH PARTNERS, LLC 0.01% of their portfolio BOSTON, MA 6,0516.1k $517.8k $517.8k 0.01% Reduced -3.5k -3,510
99 Stokes Family Office, LLC 0.05% of their portfolio NEW ORLEANS, LA 5,8805.9k $503.2k $503.2k 0.05% Added +1.0k +1,000
100 COMERICA BANK 0.00% of their portfolio DALLAS, TX 5,7925.8k $495.6k $495.6k 0.00% Added +70 +70