Vault-13

VANGUARD ADMIRAL FDS INC IVOV

MIDCP 400 VAL · ETP · CUSIP 921932844

163 institutional holders +5 vs Q3 2025
5,760,2855.8m shares reported held*
$583.0mreported value*
13 new 54 added 32 reduced 14 sold out net bought ≈ $10.7m (+106.3k 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 ($114.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $101.21.

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 99Q4 22: 98Q1 23: 106Q2 23: 110Q3 23: 107Q4 23: 117Q1 24: 122Q2 24: 123Q3 24: 138Q4 24: 147Q1 25: 154Q2 25: 156Q3 25: 158Q4 25: 163163Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 202299
Q4 202298
Q1 2023106
Q2 2023110
Q3 2023107
Q4 2023117
Q1 2024122
Q2 2024123
Q3 2024138
Q4 2024147
Q1 2025154
Q2 2025156
Q3 2025158
Q4 2025163

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 42 bought or addedQ1 24: 47 cut or sold outQ2 24: 38 bought or addedQ2 24: 49 cut or sold outQ2 24Q3 24: 43 bought or addedQ3 24: 51 cut or sold outQ4 24: 47 bought or addedQ4 24: 54 cut or sold outQ4 24Q1 25: 52 bought or addedQ1 25: 50 cut or sold outQ2 25: 50 bought or addedQ2 25: 59 cut or sold outQ2 25Q3 25: 52 bought or addedQ3 25: 54 cut or sold outQ4 25: 67 bought or addedQ4 25: 46 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20244247
Q2 20243849
Q3 20244351
Q4 20244754
Q1 20255250
Q2 20255059
Q3 20255254
Q4 20256746

Biggest buyers

VANTAGEPOINT INVESTMENT ADVISERS LLC Added +49,941+49.9k
MORGAN STANLEY Added +46,119+46.1k
RAYMOND JAMES FINANCIAL INC Added +24,036+24.0k
WELLS FARGO & COMPANY/MN Added +20,315+20.3k
Thrivent Financial for Lutherans New +19,467+19.5k
Avior Wealth Management, LLC Added +11,443+11.4k
Mariner, LLC Added +7,615+7.6k
ROCKLAND TRUST CO Added +5,689+5.7k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +5,032+5.0k
MONETA GROUP INVESTMENT ADVISORS LLC Added +4,794+4.8k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -31,205-31.2k
JPMORGAN CHASE & CO Reduced -21,513-21.5k
BNP PARIBAS FINANCIAL MARKETS Sold out -20,000-20.0k
Octavia Wealth Advisors, LLC Reduced -16,686-16.7k
Spectrum Investment Advisors, Inc. Sold out -10,027-10.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -6,906-6.9k
AMERICAN FINANCIAL & TAX STRATEGIES INC Reduced -3,631-3.6k
Summit Financial Consulting LLC Sold out -3,070-3.1k
J.W. COLE ADVISORS, INC. Sold out -2,312-2.3k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -2,224-2.2k

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
International City Management Association Retirement Corp 13G · institution no change · filed 2026-10-07 10.0% no change 1.1m≈ $129.8m 2026-10-07

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANTAGEPOINT INVESTMENT ADVISERS LLC 0.89% of their portfolio WASHINGTON, DC 1,089,8941.1m $110.1m $110.1m 0.89% Added +49.9k +49,941
2 Mariner, LLC 0.10% of their portfolio Overland Park, KS 868,738868.7k $87.8m $87.8m 0.10% Added +7.6k +7,615
3 ROCKLAND TRUST CO 3.23% of their portfolio HANOVER, MA 811,105811.1k $81.9m $81.9m 3.23% Added +5.7k +5,689
4 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 330,328330.3k $33.4m $33.4m 0.00% Added +46.1k +46,119
5 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 229,351229.4k $23.2m $23.2m 0.00% Reduced -31.2k -31,205
6 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 218,683218.7k $22.1m $22.1m 0.01% Added +24.0k +24,036
7 Stordahl Capital Management, Inc. 3.58% of their portfolio GREENWOOD VILLAGE, CO 172,306172.3k $17.4m $17.4m 3.58% Added +456 +456
8 Octavia Wealth Advisors, LLC 1.53% of their portfolio CINCINNATI, OH 158,928158.9k $16.1m $16.1m 1.53% Reduced -16.7k -16,686
9 Avior Wealth Management, LLC 0.47% of their portfolio OMAHA, NE 150,771150.8k $15.2m $15.2m 0.47% Added +11.4k +11,443
10 Aberdeen Wealth Management LLC 5.55% of their portfolio LAKE BLUFF, IL 118,603118.6k $12.0m $12.0m 5.55% Added +111 +111
11 Lutz Financial Services LLC 0.80% of their portfolio OMAHA, NE 116,480116.5k $11.8m $11.8m 0.80% Reduced -1.3k -1,255
12 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 116,347116.3k $11.8m $11.8m 0.00% Reduced -1.9k -1,919
13 UBS Group AG 0.00% of their portfolio ZURICH, V8 102,864102.9k $10.4m $10.4m 0.00% Added +29 +29
14 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 79,89379.9k $8.1m $8.1m 0.01% Added +344 +344
15 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 75,54675.5k $7.6m $7.6m 0.00% Added +20.3k +20,315
16 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 74,46874.5k $7.5m $7.5m 0.03% Added +2.2k +2,232
17 MidFirst Bank 0.57% of their portfolio DENVER, CO 70,33370.3k $7.1m $7.1m 0.57% First filing
18 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 55,48855.5k $5.6m $5.6m 0.01% Reduced -302 -302
19 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 50,34250.3k $5.1m $5.1m 0.01% Reduced -2.2k -2,224
20 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 45,93245.9k $4.6m $4.6m 0.01% Added +540 +540
21 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 44,99345.0k $4.5m $4.5m 0.00% Added +3.5k +3,528
22 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 38,65638.7k $4.1m $4.1m 0.01% Added +5.0k +5,032
23 Savant Capital, LLC 0.02% of their portfolio ROCKFORD, IL 36,96237.0k $3.7m $3.7m 0.02% Reduced -1.5k -1,474
24 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 35,29635.3k $3.6m $3.6m 0.02% Reduced -376 -376
25 Allworth Financial LP 0.01% of their portfolio FOLSOM, CA 34,57534.6k $3.5m $3.5m 0.01% Reduced -2.2k -2,174
26 EP Wealth Advisors, LLC 0.02% of their portfolio TORRANCE, CA 29,72529.7k $3.0m $3.0m 0.02% First filing
27 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 28,70028.7k $2.9m $2.9m 0.00% Unchanged
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 27,51727.5k $2.8m $2.8m 0.00% Reduced -21.5k -21,513
29 Composition Wealth, LLC 0.04% of their portfolio LOS ANGELES, CA 25,00925.0k $2.5m $2.5m 0.04% Added +3.5k +3,545
30 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 19,46719.5k $2.0m $2.0m 0.00% New
31 COMERICA BANK 0.01% of their portfolio DALLAS, TX 18,35218.4k $1.9m $1.9m 0.01% Added +3.1k +3,067
32 MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio ST LOUIS, MO 16,44616.4k $1.7m $1.7m 0.01% Added +4.8k +4,794
33 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 15,34415.3k $1.5m $1.5m 0.00% Added +165 +165
34 Cornerstone Financial Management LLC 1.41% of their portfolio BURLINGTON, MA 14,90514.9k $1.5m $1.5m 1.41% First filing
35 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 13,66113.7k $1.4m $1.4m 0.00% Added +2.4k +2,442
36 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 13,22813.2k $1.3m $1.3m 0.01% Reduced -1.7k -1,749
37 Fortitude Family Office, LLC 0.31% of their portfolio SCOTTSDALE, AZ 13,16013.2k $1.3m $1.3m 0.31% Unchanged
38 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 12,47412.5k $1.3m $1.3m 0.00% Reduced -708 -708
39 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 11,71011.7k $1.2m $1.2m 0.00% Added +1.8k +1,786
40 Horizon Investment Services, LLC 0.42% of their portfolio HAMMOND, IN 11,64111.6k $1.2m $1.2m 0.42% Added +125 +125
41 SHUFRO ROSE & CO LLC 0.08% of their portfolio NEW YORK, NY 10,98511.0k $1.1m $1.1m 0.08% Added +1.8k +1,775
42 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 10,91510.9k $1.1m $1.1m 0.00% Added +1.7k +1,739
43 PFG Advisors 0.05% of their portfolio Phoenix, AZ 10,59810.6k $1.1m $1.1m 0.05% Added +291 +291
44 HUNTINGTON NATIONAL BANK 0.01% of their portfolio COLUMBUS, OH 10,03710.0k $1.0m $1.0m 0.01% Unchanged
45 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 9,98310.0k $1.0m $1.0m 0.00% Reduced -975 -975
46 KEYBANK NATIONAL ASSOCIATION/OH 0.00% of their portfolio BROOKLYN, OH 9,9479.9k $1.0m $1.0m 0.00% Unchanged
47 Heritage Investment Group, Inc. 0.15% of their portfolio POMPANO BEACH, FL 9,5729.6k $966.9k $966.9k 0.15% Unchanged
48 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 9,4629.5k $955.8k $955.8k 0.00% Added +4.4k +4,393
49 AMERICAN FINANCIAL & TAX STRATEGIES INC 0.47% of their portfolio NEW YORK, NY 9,4199.4k $951.4k $951.4k 0.47% Reduced -3.6k -3,631
50 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 9,2109.2k $930.3k $930.3k 0.00% Added +2.4k +2,360
51 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 7,6497.6k $772.6k $772.6k 0.00% Reduced -11 -11
52 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 7,4037.4k $747.8k $747.8k 0.00% Added +650 +650
53 Naviter Wealth, LLC 0.09% of their portfolio LITTLE ROCK, AR 6,8516.9k $692.0k $692.0k 0.09% Unchanged
54 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 6,5846.6k $665.0k $665.0k 0.00% Reduced -141 -141
55 OFC FINANCIAL PLANNING, LLC 0.61% of their portfolio SHORT HILLS, NJ 6,3106.3k $637.4k $637.4k 0.61% Added +354 +354
56 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 6,2566.3k $632.0k $632.0k 0.00% Added +404 +404
57 Rodgers & Associates, LTD 0.06% of their portfolio Lancaster, PA 5,9335.9k $599.3k $599.3k 0.06% Reduced -5 -5
58 Goodman Financial Corp 0.11% of their portfolio HOUSTON, TX 5,7255.7k $578.2k $578.2k 0.11% Reduced -12 -12
59 Merit Financial Group, LLC 0.00% of their portfolio ALPHARETTA, GA 5,6985.7k $575.6k $575.6k 0.00% Unchanged
60 Summit Financial, LLC 0.01% of their portfolio PARSIPPANY, NJ 5,6215.6k $567.7k $567.7k 0.01% Reduced -52 -52
61 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.06% of their portfolio ST. LOUIS, MO 5,6095.6k $566.6k $566.6k 0.06% Added +55 +55
62 CIBC WORLD MARKET INC. 0.00% of their portfolio TORONTO, A6 5,5945.6k $565.0k $565.0k 0.00% Unchanged
63 Meridian Wealth Management, LLC 0.02% of their portfolio LEXINGTON, KY 5,2925.3k $534.5k $534.5k 0.02% Added +94 +94
64 Factorial Partners, LLC 0.35% of their portfolio MT. KISCO, NY 5,2005.2k $525.3k $525.3k 0.35% Unchanged
65 HANOVER ADVISORS INC 0.20% of their portfolio SENECA, SC 5,1865.2k $523.8k $523.8k 0.20% Unchanged
66 Sovran Advisors, LLC 0.05% of their portfolio SAN DIEGO, CA 5,0305.0k $537.9k $537.9k 0.05% Reduced -566 -566
67 Redhawk Wealth Advisors, Inc. 0.06% of their portfolio MINNEAPOLIS, MN 4,9705.0k $502.0k $502.0k 0.06% Reduced -489 -489
68 Mutual Advisors, LLC 0.01% of their portfolio OMAHA, NE 4,8484.8k $489.7k $489.7k 0.01% Added +39 +39
69 Atlas Brown,Inc. 0.14% of their portfolio LOUISVILLE, KY 4,6914.7k $473.8k $473.8k 0.14% Unchanged
70 LEVEL FOUR ADVISORY SERVICES, LLC 0.02% of their portfolio DALLAS, TX 4,6674.7k $471.5k $471.5k 0.02% Added +42 +42
71 Trail Ridge Investment Advisors, LLC 0.20% of their portfolio FORT COLLINS, CO 4,5884.6k $463.4k $463.4k 0.20% Reduced -25 -25
72 TopTier Wealth Management, LLC 0.31% of their portfolio MUSKEGO, WI 4,5114.5k $455.6k $455.6k 0.31% First filing
73 BHK Investment Advisors, LLC 0.15% of their portfolio BIRMINGHAM, AL 4,4004.4k $444.4k $444.4k 0.15% Unchanged
74 Ifrah Financial Services, Inc. 0.11% of their portfolio Little Rock, AR 4,2044.2k $424.6k $424.6k 0.11% Reduced -83 -83
75 HARBOUR INVESTMENTS, INC. 0.01% of their portfolio MADISON, WI 4,0384.0k $407.9k $407.9k 0.01% Reduced -47 -47
76 Passive Capital Management, LLC. 0.13% of their portfolio BALTIMORE, MD 4,0264.0k $406.7k $406.7k 0.13% Unchanged
77 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 4,0194.0k $406.0k $406.0k 0.00% Added +177 +177
78 Cambridge Financial Group, LLC 0.14% of their portfolio TUCSON, AZ 4,0134.0k $392.3k $392.3k 0.14% Added +1.4k +1,396
79 Hobart Private Capital, LLC 0.07% of their portfolio CHARLOTTE, NC 3,7563.8k $379.4k $379.4k 0.07% Reduced -26 -26
80 Valmark Advisers, Inc. 0.00% of their portfolio AKRON, OH 3,7253.7k $376.3k $376.3k 0.00% Reduced -203 -203
81 Wealthquest Corp 0.03% of their portfolio CINCINNATI, OH 3,5303.5k $356.6k $356.6k 0.03% New
82 AMG National Trust Bank 0.01% of their portfolio GREENWOOD VILLAGE, CO 3,4803.5k $351.5k $351.5k 0.01% Unchanged
83 Glenview Trust Co 0.01% of their portfolio Louisville, KY 3,2343.2k $326.7k $326.7k 0.01% Unchanged
84 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 3,1483.1k $318.0k $318.0k 0.01% Added +584 +584
85 IHT Wealth Management, LLC 0.01% of their portfolio Chicago, IL 3,1363.1k $316.7k $316.7k 0.01% Added +56 +56
86 Spire Wealth Management 0.01% of their portfolio MCLEAN, VA 3,1183.1k $314.9k $314.9k 0.01% Unchanged
87 CITIZENS FINANCIAL GROUP INC/RI 0.00% of their portfolio PROVIDENCE, RI 3,0763.1k $310.7k $310.7k 0.00% Added +54 +54
88 Rise Advisors, LLC 0.11% of their portfolio ROCHESTER, NY 3,0423.0k $307.3k $307.3k 0.11% New
89 U.S. Capital Wealth Advisors, LLC 0.01% of their portfolio AUSTIN, TX 2,9803.0k $301.0k $301.0k 0.01% Unchanged
90 INSIGHT 2811, INC. 0.13% of their portfolio CHICAGO, IL 2,9533.0k $298.3k $298.3k 0.13% Added +55 +55
91 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.02% of their portfolio FORT WAYNE, IN 2,8602.9k $288.9k $288.9k 0.02% Unchanged
92 WealthCollab, LLC 0.12% of their portfolio BELLEVUE, WA 2,8082.8k $283.6k $283.6k 0.12% Unchanged
93 IFG Advisors, LLC 0.05% of their portfolio ST. LOUIS, MO 2,7702.8k $279.8k $279.8k 0.05% Unchanged
94 StoneX Group Inc. 0.01% of their portfolio NEW YORK, NY 2,7182.7k $274.5k $274.5k 0.01% Reduced -580 -580
95 TRITONPOINT WEALTH, LLC 0.03% of their portfolio CHEVY CHASE, MD 2,5922.6k $261.8k $261.8k 0.03% Unchanged
96 Veratis Advisors, Inc. 0.22% of their portfolio CARY, NC 2,5612.6k $278.9k $278.9k 0.22% First filing
97 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 2,5332.5k $255.9k $255.9k 0.00% Unchanged
98 FMR LLC 0.00% of their portfolio BOSTON, MA 2,5222.5k $254.7k $254.7k 0.00% Added +389 +389
99 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 2,5152.5k $254.0k $254.0k 0.00% Added +242 +242
100 HCR Wealth Advisors 0.02% of their portfolio LOS ANGELES, CA 2,5072.5k $231.4k $231.4k 0.02% New