Vault-13

VANGUARD ADMIRAL FDS INC IVOO

MIDCP 400 IDX · ETP · CUSIP 921932885

277 institutional holders +6 vs Q1 2025
13,137,63713.1m shares reported held*
$1.4bnreported value*
22 new 100 added 78 reduced 20 sold out net bought ≈ $149.4m (+1.4m 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 ≈ $104.88. Options: 1 managers hold calls ($314.9k notional), 1 hold puts ($10.5k).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 175Q4 22: 189Q1 23: 192Q2 23: 197Q3 23: 199Q4 23: 222Q1 24: 233Q2 24: 235Q3 24: 251Q4 24: 274Q1 25: 271Q2 25: 277277Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022175
Q4 2022189
Q1 2023192
Q2 2023197
Q3 2023199
Q4 2023222
Q1 2024233
Q2 2024235
Q3 2024251
Q4 2024274
Q1 2025271
Q2 2025277

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q3 23: 81 bought or addedQ3 23: 74 cut or sold outQ4 23: 95 bought or addedQ4 23: 58 cut or sold outQ4 23Q1 24: 118 bought or addedQ1 24: 69 cut or sold outQ2 24: 81 bought or addedQ2 24: 89 cut or sold outQ2 24Q3 24: 116 bought or addedQ3 24: 74 cut or sold outQ4 24: 116 bought or addedQ4 24: 74 cut or sold outQ4 24Q1 25: 124 bought or addedQ1 25: 88 cut or sold outQ2 25: 122 bought or addedQ2 25: 98 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20238174
Q4 20239558
Q1 202411869
Q2 20248189
Q3 202411674
Q4 202411674
Q1 202512488
Q2 202512298

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ3 24 calls: $369.7kQ3 24 puts: $0Q3 24P/C 0.00Q4 24 calls: $358.7kQ4 24 puts: $21.1kQ4 24P/C 0.06Q1 25 calls: $306.0kQ1 25 puts: $9.9kQ1 25P/C 0.03Q2 25 calls: $314.9kQ2 25 puts: $10.5kQ2 25P/C 0.03
Numbers
QuarterCallsPutsP/C
Q3 2024$369.7k$00.00
Q4 2024$358.7k$21.1k0.06
Q1 2025$306.0k$9.9k0.03
Q2 2025$314.9k$10.5k0.03

Biggest buyers

GOLDMAN SACHS GROUP INC Added +643,196+643.2k
Starr Indemnity & Liability Co New +364,098+364.1k
ROYAL BANK OF CANADA Added +262,582+262.6k
C V STARR & CO INC New +227,427+227.4k
HANTZ FINANCIAL SERVICES, INC. Added +158,706+158.7k
UBS Group AG Added +127,743+127.7k
MORGAN STANLEY Added +58,478+58.5k
MONETA GROUP INVESTMENT ADVISORS LLC Added +55,569+55.6k
BROWN ADVISORY INC Added +55,501+55.5k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +47,841+47.8k

Biggest sellers

Mountain Capital Investment Advisors Inc. Reduced -297,879-297.9k
BANK OF AMERICA CORP /DE/ Reduced -193,170-193.2k
WNY Asset Management, LLC Reduced -135,460-135.5k
Francis Financial, Inc. Reduced -45,667-45.7k
JPMORGAN CHASE & CO Reduced -27,869-27.9k
SENTINEL TRUST CO LBA Reduced -24,400-24.4k
Phoenix Financial Ltd. Reduced -21,252-21.3k
Pathstone Holdings, LLC Reduced -19,455-19.5k
Soltis Investment Advisors LLC Reduced -16,771-16.8k
Virtu Financial LLC Reduced -13,057-13.1k

Biggest calls

Belvedere Trading LLC Reduced $314.9k3.0k shares

Biggest puts

Belvedere Trading LLC Unchanged $10.5k100 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,496,4681.5m $157.1m $157.1m 0.03% Added +643.2k +643,196
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,180,3791.2m $123.9m $123.9m 0.01% Reduced -193.2k -193,170
3 UBS Group AG 0.02% of their portfolio ZURICH, V8 982,542982.5k $103.1m $103.1m 0.02% Added +127.7k +127,743
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 968,679968.7k $101.7m $101.7m 0.01% Added +58.5k +58,478
5 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 2.88% of their portfolio BETHESDA, MD 750,000750.0k $78.7m $78.7m 2.88% Unchanged
6 HANTZ FINANCIAL SERVICES, INC. 0.92% of their portfolio SOUTHFIELD, MI 539,465539.5k $56.6m $56.6m 0.92% Added +158.7k +158,706
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 534,247534.2k $56.1m $56.1m 0.04% Added +47.8k +47,841
8 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 458,554458.6k $48.1m $48.1m 0.00% Added +262.6k +262,582
9 Starr Indemnity & Liability Co 13.99% of their portfolio NEW YORK, NY 364,098364.1k $38.2m $38.2m 13.99% New
10 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 313,532313.5k $32.9m $32.9m 0.01% Added +5.4k +5,405
11 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 297,844297.8k $31.3m $31.3m 0.01% Added +5.6k +5,597
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 256,737256.7k $27.0m $27.0m 0.01% Added +4.7k +4,690
13 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 238,336238.3k $25.0m $25.0m 0.01% Reduced -1.0k -1,044
14 C V STARR & CO INC 12.41% of their portfolio NEW YORK, NY 227,427227.4k $23.9m $23.9m 12.41% New
15 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 204,205204.2k $21.4m $21.4m 0.01% Added +16.6k +16,568
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 173,289173.3k $18.2m $18.2m 0.00% Reduced -27.9k -27,869
17 Allworth Financial LP 0.08% of their portfolio FOLSOM, CA 157,741157.7k $16.6m $16.6m 0.08% Reduced -4.6k -4,574
18 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 149,772149.8k $15.7m $15.7m 0.02% Added +106 +106
19 Francis Financial, Inc. 3.54% of their portfolio NEW YORK, NY 145,797145.8k $15.3m $15.3m 3.54% Reduced -45.7k -45,667
20 OLD NATIONAL BANCORP /IN/ 0.26% of their portfolio EVANSVILLE, IN 140,767140.8k $14.8m $14.8m 0.26% Added +8.6k +8,578
21 D.A. DAVIDSON & CO. 0.10% of their portfolio GREAT FALLS, MT 131,296131.3k $13.8m $13.8m 0.10% Added +19.3k +19,335
22 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 115,106115.1k $12.1m $12.1m 0.02% Added +8.4k +8,363
23 EVERGREEN CAPITAL MANAGEMENT LLC 0.36% of their portfolio Bellevue, WA 114,281114.3k $12.0m $12.0m 0.36% Added +6.9k +6,851
24 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 112,893112.9k $11.9m $11.9m 0.02% Reduced -62 -62
25 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 106,816106.8k $11.2m $11.2m 0.03% Added +4.4k +4,386
26 Coign Capital Advisors LLC 7.30% of their portfolio Draper, UT 102,743102.7k $10.8m $10.8m 7.30% Reduced -1.2k -1,216
27 Savant Capital, LLC 0.07% of their portfolio ROCKFORD, IL 97,63797.6k $10.2m $10.2m 0.07% Reduced -8.9k -8,935
28 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 87,93087.9k $9.2m $9.2m 0.01% Added +44.4k +44,423
29 Pathstone Holdings, LLC 0.03% of their portfolio ENGLEWOOD, NJ 82,88782.9k $8.7m $8.7m 0.03% Reduced -19.5k -19,455
30 Bryant Woods Investment Advisors, LLC 3.65% of their portfolio GETZVILLE, NY 80,60880.6k $8.5m $8.5m 3.65% Added +2.9k +2,873
31 Lebenthal Global Advisors, LLC 1.53% of their portfolio Hauppauge, NY 77,83777.8k $8.2m $8.2m 1.53% Reduced -941 -941
32 RAELIPSKIE PARTNERSHIP 3.73% of their portfolio WATERLOO, A6 77,56577.6k $8.1m $8.1m 3.73% Added +6.8k +6,850
33 ASSET PLANNING CORPORATION 4.29% of their portfolio KNOXVILLE, TN 76,78576.8k $8.1m $8.1m 4.29% Added +16.5k +16,495
34 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 71,08071.1k $7.5m $7.5m 0.01% Added +3.6k +3,568
35 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 63,25263.3k $6.6m $6.6m 0.02% Added +5.0k +4,999
36 SENTINEL TRUST CO LBA 0.70% of their portfolio HOUSTON, TX 61,70061.7k $6.5m $6.5m 0.70% Reduced -24.4k -24,400
37 Soltis Investment Advisors LLC 0.51% of their portfolio ST. GEORGE, UT 61,67961.7k $6.5m $6.5m 0.51% Reduced -16.8k -16,771
38 MONETA GROUP INVESTMENT ADVISORS LLC 0.08% of their portfolio ST LOUIS, MO 60,79060.8k $6.4m $6.4m 0.08% Added +55.6k +55,569
39 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 59,94459.9k $6.3m $6.3m 0.01% Added +55.5k +55,501
40 Texas Capital Bank Wealth Management Services Inc 0.53% of their portfolio Dallas, TX 54,26154.3k $5.7m $5.7m 0.53% Reduced -5.5k -5,476
41 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 51,44251.4k $5.4m $5.4m 0.01% Reduced -8.8k -8,830
42 HARBOR ADVISORY CORP /MA/ 1.65% of their portfolio PORTSMOUTH, NH 49,45949.5k $5.2m $5.2m 1.65% Reduced -78 -78
43 Checchi Capital Advisers, LLC 0.32% of their portfolio BEVERLY HILLS, CA 44,01144.0k $4.6m $4.6m 0.32% Added +5.8k +5,821
44 Virtu Financial LLC 0.24% of their portfolio New York, NY 43,89543.9k $4.6m $4.6m 0.24% Reduced -13.1k -13,057
45 Gibraltar Capital Management, Inc. 0.29% of their portfolio TULSA, OK 43,53043.5k $1.5m $1.5m 0.29% Added +29.6k +29,610
46 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 42,72242.7k $4.5m $4.5m 0.02% Reduced -1.1k -1,124
47 HARBOUR INVESTMENTS, INC. 0.11% of their portfolio MADISON, WI 42,46742.5k $4.5m $4.5m 0.11% Added +2.8k +2,779
48 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 41,76041.8k $4.4m $4.4m 0.02% Added +3.9k +3,909
49 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.30% of their portfolio FORT WAYNE, IN 39,59539.6k $4.2m $4.2m 0.30% Unchanged
50 LEGACY SOLUTIONS, LLC 3.85% of their portfolio KENNETT SQUARE, PA 38,32538.3k $4.0m $4.0m 3.85% Added +1.1k +1,141
51 EP Wealth Advisors, LLC 0.03% of their portfolio TORRANCE, CA 38,23038.2k $4.0m $4.0m 0.03% Added +80 +80
52 Mariner, LLC 0.01% of their portfolio Overland Park, KS 36,71036.7k $3.9m $3.9m 0.01% Added +2.3k +2,280
53 Atlas Legacy Advisors, LLC 0.83% of their portfolio LOS ANGELES, CA 36,00336.0k $3.8m $3.8m 0.83% Added +431 +431
54 Coastline Trust Co 0.43% of their portfolio PROVIDENCE, RI 35,67335.7k $3.7m $3.7m 0.43% Added +7.1k +7,075
55 FIRST AMERICAN BANK 0.25% of their portfolio DUNDEE, IL 35,17035.2k $3.7m $3.7m 0.25% Added +318 +318
56 MetLife Investment Management, LLC 0.02% of their portfolio Whippany, NJ 33,26433.3k $3.5m $3.5m 0.02% Unchanged
57 Valmark Advisers, Inc. 0.05% of their portfolio AKRON, OH 32,18432.2k $3.4m $3.4m 0.05% Added +23.5k +23,497
58 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 32,16132.2k $3.4m $3.4m 0.00% Added +4.4k +4,411
59 Keystone Financial Group 0.27% of their portfolio LEXINGTON, KY 28,98029.0k $3.0m $3.0m 0.27% Added +387 +387
60 Warwick Investment Management, Inc. 0.55% of their portfolio BRYAN, TX 27,16727.2k $2.9m $2.9m 0.55% Added +3.5k +3,484
61 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 23,91423.9k $2.5m $2.5m 0.02% Added +12.2k +12,216
62 EQ LLC 0.97% of their portfolio BELLEVUE, WA 23,74523.7k $2.5m $2.5m 0.97% Added +1.5k +1,500
63 Fiduciary Trust Co 0.03% of their portfolio Boston, MA 23,11123.1k $2.4m $2.4m 0.03% Reduced -100 -100
64 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 22,85622.9k $2.4m $2.4m 0.01% Added +410 +410
65 SpringVest Wealth Management LLC 1.91% of their portfolio DALLAS, TX 22,45422.5k $2.4m $2.4m 1.91% Reduced -465 -465
66 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 20,94020.9k $2.2m $2.2m 0.02% Added +433 +433
67 Valpey Financial Services, LLC 1.50% of their portfolio CONCORD, NH 20,59520.6k $2.2m $2.2m 1.50% First filing
68 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 20,38020.4k $2.1m $2.1m 0.00% Reduced -6.7k -6,744
69 Marble Harbor Investment Counsel, LLC 0.23% of their portfolio BOSTON, MA 19,83019.8k $2.1m $2.1m 0.23% Unchanged
70 Truepoint, Inc. 0.05% of their portfolio CINCINNATI, OH 18,20018.2k $1.9m $1.9m 0.05% Unchanged
71 Fairway Wealth LLC 0.59% of their portfolio INDEPENDENCE, OH 17,60017.6k $1.8m $1.8m 0.59% Reduced -1.3k -1,291
72 SoundView Advisors Inc. 0.67% of their portfolio OLYMPIA, WA 17,35017.4k $1.8m $1.8m 0.67% Reduced -2.6k -2,635
73 Octavia Wealth Advisors, LLC 0.20% of their portfolio CINCINNATI, OH 17,15017.1k $1.8m $1.8m 0.20% Reduced -429 -429
74 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 15,63015.6k $1.6m $1.6m 0.00% Added +2.2k +2,212
75 Base Wealth Management LLC 1.02% of their portfolio LAKEWOOD RANCH, FL 15,19215.2k $1.6m $1.6m 1.02% Reduced -2.0k -1,970
76 GREENLEAF TRUST 0.01% of their portfolio KALAMAZOO, MI 15,13415.1k $1.6m $1.6m 0.01% Added +1.1k +1,050
77 Phoenix Financial Ltd. 0.02% of their portfolio Givatayim, L3 15,00015.0k $1.6m $1.6m 0.02% Reduced -21.3k -21,252
78 Klingman & Associates, LLC 0.09% of their portfolio New York, NY 14,80714.8k $1.6m $1.6m 0.09% Reduced -79 -79
79 HUNTINGTON NATIONAL BANK 0.01% of their portfolio COLUMBUS, OH 13,90013.9k $1.5m $1.5m 0.01% Added +1.6k +1,638
80 Bleakley Financial Group, LLC 0.04% of their portfolio PARSIPPANY, NJ 13,70113.7k $1.4m $1.4m 0.04% New
81 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 13,05913.1k $1.4m $1.4m 0.01% Added +133 +133
82 Valeo Financial Advisors, LLC 0.03% of their portfolio CARMEL, IN 12,67512.7k $1.3m $1.3m 0.03% Added +10.5k +10,461
83 1834 INVESTMENT ADVISORS CO 0.16% of their portfolio Milwaukee, WI 12,34712.3k $1.3m $1.3m 0.16% Reduced -183 -183
84 RWA WEALTH PARTNERS, LLC 0.02% of their portfolio BOSTON, MA 12,25212.3k $1.3m $1.3m 0.02% Unchanged
85 First Bancorp, Inc /ME/ 0.69% of their portfolio DAMARISCOTTA, ME 11,48711.5k $1.2m $1.2m 0.69% Unchanged
86 SITTNER & NELSON, LLC 0.47% of their portfolio EUGENE, OR 11,05011.1k $1.2m $1.2m 0.47% Unchanged
87 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 11,01711.0k $1.2m $1.2m 0.01% New
88 Ritter Daniher Financial Advisory LLC / DE 0.28% of their portfolio CINCINNATI, OH 10,97911.0k $1.2m $1.2m 0.28% Unchanged
89 WealthBridge Capital Management, LLC 0.29% of their portfolio WESTERVILLE, OH 10,85310.9k $1.1m $1.1m 0.29% Reduced -63 -63
90 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 10,84910.8k $1.1m $1.1m 0.01% Reduced -67 -67
91 Fort Sheridan Advisors LLC 0.16% of their portfolio HIGHLAND PARK, IL 10,84510.8k $1.1m $1.1m 0.16% Reduced -498 -498
92 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 10,83810.8k $1.1m $1.1m 0.00% Added +5.6k +5,608
93 SAX WEALTH ADVISORS, LLC 0.07% of their portfolio PARSIPPANY, NJ 10,79910.8k $1.1m $1.1m 0.07% Reduced -478 -478
94 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 10,79010.8k $1.1m $1.1m 0.00% Added +763 +763
95 NAPLES GLOBAL ADVISORS, LLC 0.09% of their portfolio NAPLES, FL 10,16510.2k $1.1m $1.1m 0.09% Unchanged
96 PITCAIRN CO 0.07% of their portfolio CONSHOHOCKEN, PA 10,06010.1k $1.1m $1.1m 0.07% Unchanged
97 Summit Financial Strategies, Inc. 0.10% of their portfolio Columbus, OH 9,95410.0k $1.0m $1.0m 0.10% Unchanged
98 Zhang Financial LLC 0.05% of their portfolio PORTAGE, MI 9,8719.9k $1.0m $1.0m 0.05% Added +4 +4
99 FMR LLC 0.00% of their portfolio BOSTON, MA 9,3149.3k $977.8k $977.8k 0.00% Added +147 +147
100 Envision Financial Planning, LLC 0.46% of their portfolio MEMPHIS, TN 9,3059.3k $976.9k $976.9k 0.46% Added +903 +903