Vault-13

VANGUARD ADMIRAL FDS INC IVOO

MIDCP 400 IDX · ETP · CUSIP 921932885

289 institutional holders +14 vs Q3 2025
14,225,83014.2m shares reported held*
$1.6bnreported value*
17 new 103 added 76 reduced 9 sold out net bought ≈ $70.2m (+628.6k 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 ($910.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $111.94.

Trends to Q4 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: 277Q3 25: 275Q4 25: 289289Q3 22Q2 23Q1 24Q4 24Q4 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
Q3 2025275
Q4 2025289

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 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 25Q3 25: 104 bought or addedQ3 25: 96 cut or sold outQ4 25: 120 bought or addedQ4 25: 85 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 202411869
Q2 20248189
Q3 202411674
Q4 202411674
Q1 202512488
Q2 202512298
Q3 202510496
Q4 202512085

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ1 25 calls: $306.0kQ1 25 puts: $9.9kQ1 25P/C 0.03Q2 25 calls: $314.9kQ2 25 puts: $10.5kQ2 25P/C 0.03Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —
Numbers
QuarterCallsPutsP/C
Q1 2025$306.0k$9.9k0.03
Q2 2025$314.9k$10.5k0.03
Q3 2025$0$0—
Q4 2025$0$0—

Biggest buyers

HANTZ FINANCIAL SERVICES, INC. Added +299,175+299.2k
Savant Capital, LLC Added +155,480+155.5k
GOLDMAN SACHS GROUP INC Added +47,282+47.3k
Savvy Advisors, Inc. New +41,877+41.9k
AXXCESS WEALTH MANAGEMENT, LLC New +32,084+32.1k
MONETA GROUP INVESTMENT ADVISORS LLC Added +31,963+32.0k
Violich Capital Management, Inc. New +26,500+26.5k
MORGAN STANLEY Added +24,820+24.8k
STIFEL FINANCIAL CORP Added +24,647+24.6k
BANK OF AMERICA CORP /DE/ Added +21,418+21.4k

Biggest sellers

JPMORGAN CHASE & CO Reduced -169,627-169.6k
Phoenix Financial Ltd. Sold out -30,000-30.0k
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO Reduced -30,000-30.0k
Bedell Frazier Investment Counselling, LLC Reduced -22,800-22.8k
BNP PARIBAS FINANCIAL MARKETS Sold out -20,000-20.0k
LPL Financial LLC Reduced -15,710-15.7k
PITCAIRN CO Sold out -10,060-10.1k
MetLife Investment Management, LLC Reduced -9,774-9.8k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -8,291-8.3k
Sanctuary Advisors, LLC Reduced -8,065-8.1k

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,690,3131.7m $189.0m $189.0m 0.03% Added +47.3k +47,282
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,328,1781.3m $148.5m $148.5m 0.01% Added +21.4k +21,418
3 HANTZ FINANCIAL SERVICES, INC. 1.78% of their portfolio SOUTHFIELD, MI 1,081,3111.1m $120.9m $120.9m 1.78% Added +299.2k +299,175
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,009,4241.0m $112.9m $112.9m 0.01% Added +24.8k +24,820
5 UBS Group AG 0.02% of their portfolio ZURICH, V8 868,725868.7k $97.1m $97.1m 0.02% Added +1.5k +1,547
6 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 2.35% of their portfolio BETHESDA, MD 630,000630.0k $70.4m $70.4m 2.35% Reduced -30.0k -30,000
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 555,856555.9k $62.1m $62.1m 0.04% Added +12.1k +12,090
8 Starr Indemnity & Liability Co 11.56% of their portfolio NEW YORK, NY 364,098364.1k $40.7m $40.7m 11.56% Unchanged
9 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 338,429338.4k $37.8m $37.8m 0.01% Added +11.5k +11,533
10 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 272,623272.6k $30.5m $30.5m 0.01% Added +11.3k +11,298
11 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 271,790271.8k $30.4m $30.4m 0.01% Reduced -15.7k -15,710
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 259,215259.2k $29.0m $29.0m 0.01% Added +86 +86
13 Savant Capital, LLC 0.16% of their portfolio ROCKFORD, IL 250,648250.6k $28.0m $28.0m 0.16% Added +155.5k +155,480
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 232,057232.1k $25.9m $25.9m 0.00% Added +7.9k +7,906
15 C V STARR & CO INC 13.97% of their portfolio NEW YORK, NY 227,427227.4k $25.4m $25.4m 13.97% Unchanged
16 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 218,298218.3k $24.4m $24.4m 0.01% Added +3.0k +3,023
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 181,585181.6k $20.3m $20.3m 0.00% Reduced -169.6k -169,627
18 Francis Financial, Inc. 3.56% of their portfolio NEW YORK, NY 162,744162.7k $18.2m $18.2m 3.56% Added +7.6k +7,566
19 OLD NATIONAL BANCORP /IN/ 0.28% of their portfolio EVANSVILLE, IN 151,439151.4k $16.9m $16.9m 0.28% Added +4.3k +4,324
20 Allworth Financial LP 0.07% of their portfolio FOLSOM, CA 148,854148.9k $16.6m $16.6m 0.07% Reduced -6.1k -6,119
21 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 142,256142.3k $15.9m $15.9m 0.02% Added +19.4k +19,400
22 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 140,526140.5k $15.7m $15.7m 0.02% Reduced -8.3k -8,291
23 D.A. DAVIDSON & CO. 0.09% of their portfolio GREAT FALLS, MT 135,573135.6k $15.2m $15.2m 0.09% Added +7.4k +7,352
24 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 119,683119.7k $13.4m $13.4m 0.01% Reduced -2.7k -2,749
25 EVERGREEN CAPITAL MANAGEMENT LLC 0.29% of their portfolio Bellevue, WA 114,263114.3k $12.8m $12.8m 0.29% Reduced -4.7k -4,696
26 NWM ADVISORS, LLC 10.98% of their portfolio SAN LUIS OBISPO, CA 112,919112.9k $12.6m $12.6m 10.98% First filing
27 MONETA GROUP INVESTMENT ADVISORS LLC 0.09% of their portfolio ST LOUIS, MO 102,646102.6k $11.5m $11.5m 0.09% Added +32.0k +31,963
28 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 96,16196.2k $10.8m $10.8m 0.03% Added +2.0k +2,035
29 Coign Capital Advisors LLC 5.42% of their portfolio Draper, UT 92,59892.6k $10.4m $10.4m 5.42% Reduced -2.1k -2,145
30 Bryant Woods Investment Advisors, LLC 3.57% of their portfolio GETZVILLE, NY 82,49382.5k $9.2m $9.2m 3.57% Reduced -1.4k -1,417
31 Pathstone Holdings, LLC 0.04% of their portfolio ENGLEWOOD, NJ 81,94681.9k $9.2m $9.2m 0.04% Reduced -255 -255
32 RAELIPSKIE PARTNERSHIP 3.81% of their portfolio WATERLOO, A6 81,25581.3k $9.1m $9.1m 3.81% Added +5.7k +5,690
33 Lebenthal Global Advisors, LLC 1.38% of their portfolio Hauppauge, NY 80,17280.2k $9.0m $9.0m 1.38% Added +2.0k +2,046
34 Kastel Capital Advisors, LLC 5.47% of their portfolio WELLESLEY, MA 79,65179.7k $8.9m $8.9m 5.47% First filing
35 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 79,45579.5k $8.9m $8.9m 0.01% Added +24.6k +24,647
36 Warwick Investment Management, Inc. 1.18% of their portfolio BRYAN, TX 68,32168.3k $7.6m $7.6m 1.18% Added +21.1k +21,059
37 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 64,59264.6k $7.2m $7.2m 0.01% Added +5.0k +4,995
38 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 62,44862.4k $7.0m $7.0m 0.02% Added +661 +661
39 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 57,57057.6k $6.4m $6.4m 0.01% Added +13.7k +13,654
40 Checchi Capital Advisers, LLC 0.43% of their portfolio BEVERLY HILLS, CA 55,98056.0k $6.3m $6.3m 0.43% Added +6.3k +6,345
41 SENTINEL TRUST CO LBA 0.60% of their portfolio HOUSTON, TX 54,74654.7k $6.1m $6.1m 0.60% Reduced -6.5k -6,501
42 Soltis Investment Advisors LLC 0.40% of their portfolio ST. GEORGE, UT 54,67254.7k $6.1m $6.1m 0.40% Reduced -1.6k -1,560
43 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 50,07750.1k $5.6m $5.6m 0.02% Added +9.8k +9,793
44 Texas Capital Bank Wealth Management Services Inc 0.32% of their portfolio Dallas, TX 50,06350.1k $5.6m $5.6m 0.32% Reduced -3.8k -3,807
45 HARBOR ADVISORY CORP /MA/ 1.67% of their portfolio PORTSMOUTH, NH 49,44549.4k $5.5m $5.5m 1.67% Unchanged
46 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 49,19749.2k $5.5m $5.5m 0.01% Reduced -2.0k -1,980
47 Andrews Advisory Associates, LLC 2.86% of their portfolio HONOLULU, HI 48,09548.1k $5.4m $5.4m 2.86% First filing
48 HARBOUR INVESTMENTS, INC. 0.11% of their portfolio MADISON, WI 47,55347.6k $5.3m $5.3m 0.11% Added +1.5k +1,527
49 Savvy Advisors, Inc. 0.15% of their portfolio NEW YORK, NY 41,87741.9k $4.7m $4.7m 0.15% New
50 LEGACY SOLUTIONS, LLC 3.88% of their portfolio KENNETT SQUARE, PA 39,45939.5k $4.4m $4.4m 3.88% Added +981 +981
51 EP Wealth Advisors, LLC 0.02% of their portfolio TORRANCE, CA 38,66838.7k $4.3m $4.3m 0.02% First filing
52 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 37,78937.8k $4.2m $4.2m 0.02% Reduced -3.0k -3,022
53 Mariner, LLC 0.00% of their portfolio Overland Park, KS 35,95136.0k $4.0m $4.0m 0.00% Reduced -430 -430
54 FIRST AMERICAN BANK 0.24% of their portfolio DUNDEE, IL 35,14035.1k $3.9m $3.9m 0.24% Reduced -215 -215
55 Atlas Legacy Advisors, LLC 0.69% of their portfolio LOS ANGELES, CA 34,99735.0k $3.9m $3.9m 0.69% Added +2.2k +2,216
56 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.24% of their portfolio FORT WAYNE, IN 33,81033.8k $3.8m $3.8m 0.24% Unchanged
57 AXXCESS WEALTH MANAGEMENT, LLC 0.06% of their portfolio CARLSBAD, CA 32,08432.1k $3.6m $3.6m 0.06% New
58 Valmark Advisers, Inc. 0.04% of their portfolio AKRON, OH 31,88831.9k $3.6m $3.6m 0.04% Reduced -18 -18
59 Coastline Trust Co 0.33% of their portfolio PROVIDENCE, RI 31,51631.5k $3.5m $3.5m 0.33% Reduced -4.0k -4,000
60 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 30,38230.4k $3.4m $3.4m 0.00% Reduced -1.8k -1,803
61 Keystone Financial Group 0.24% of their portfolio LEXINGTON, KY 28,61128.6k $3.2m $3.2m 0.24% Reduced -78 -78
62 Violich Capital Management, Inc. 0.33% of their portfolio MILL VALLEY, CA 26,50026.5k $3.0m $3.0m 0.33% New
63 Tempo Wealth, LLC 0.51% of their portfolio INDEPENDENCE, OH 25,81025.8k $2.9m $2.9m 0.51% First filing
64 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 25,69625.7k $2.9m $2.9m 0.00% Added +14.7k +14,677
65 EQ LLC 0.82% of their portfolio BELLEVUE, WA 25,36125.4k $2.8m $2.8m 0.82% Added +767 +767
66 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 25,33225.3k $2.8m $2.8m 0.01% Added +4.2k +4,151
67 Fairway Wealth LLC 0.73% of their portfolio INDEPENDENCE, OH 24,23524.2k $2.7m $2.7m 0.73% Added +1.4k +1,408
68 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 23,49023.5k $2.6m $2.6m 0.01% Reduced -9.8k -9,774
69 Fiduciary Trust Co 0.03% of their portfolio Boston, MA 22,92522.9k $2.6m $2.6m 0.03% Unchanged
70 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 22,49422.5k $2.5m $2.5m 0.00% Added +824 +824
71 SpringVest Wealth Management LLC 1.73% of their portfolio DALLAS, TX 22,21122.2k $2.5m $2.5m 1.73% Reduced -46 -46
72 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 21,20521.2k $2.4m $2.4m 0.02% Added +265 +265
73 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 21,15021.1k $2.4m $2.4m 0.01% Unchanged
74 Valpey Financial Services, LLC 1.47% of their portfolio CONCORD, NH 20,61420.6k $2.3m $2.3m 1.47% Added +836 +836
75 Truepoint, Inc. 0.05% of their portfolio CINCINNATI, OH 18,20018.2k $2.0m $2.0m 0.05% Unchanged
76 Marble Harbor Investment Counsel, LLC 0.21% of their portfolio BOSTON, MA 17,75017.8k $2.0m $2.0m 0.21% Reduced -2.1k -2,080
77 Octavia Wealth Advisors, LLC 0.17% of their portfolio CINCINNATI, OH 15,79815.8k $1.8m $1.8m 0.17% Reduced -550 -550
78 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 15,52315.5k $1.7m $1.7m 0.00% Added +53 +53
79 SoundView Advisors Inc. 0.59% of their portfolio OLYMPIA, WA 15,01515.0k $1.7m $1.7m 0.59% New
80 Klingman & Associates, LLC 0.08% of their portfolio New York, NY 14,87714.9k $1.7m $1.7m 0.08% Added +70 +70
81 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 14,53014.5k $1.6m $1.6m 0.00% Added +4.3k +4,261
82 GREENLEAF TRUST 0.01% of their portfolio KALAMAZOO, MI 14,33614.3k $1.6m $1.6m 0.01% Reduced -371 -371
83 Gibraltar Capital Management, Inc. 0.27% of their portfolio TULSA, OK 14,12014.1k $1.6m $1.6m 0.27% Added +200 +200
84 Motley Fool Wealth Management, LLC 0.12% of their portfolio ALEXANDRIA, VA 14,11714.1k $1.6m $1.6m 0.12% New
85 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 14,00114.0k $1.6m $1.6m 0.00% Added +8.4k +8,351
86 Bleakley Financial Group, LLC 0.03% of their portfolio PARSIPPANY, NJ 13,71313.7k $1.5m $1.5m 0.03% Reduced -206 -206
87 CIBC Private Wealth Group LLC 0.00% of their portfolio ATLANTA, GA 13,66013.7k $1.5m $1.5m 0.00% Added +13.4k +13,420
88 QUADRANT CAPITAL GROUP LLC 0.05% of their portfolio CINCINNATI, OH 13,61313.6k $1.5m $1.5m 0.05% Added +13.1k +13,128
89 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 12,88812.9k $1.4m $1.4m 0.00% Added +149 +149
90 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 12,77612.8k $1.4m $1.4m 0.01% Reduced -932 -932
91 HUNTINGTON NATIONAL BANK 0.01% of their portfolio COLUMBUS, OH 12,66512.7k $1.4m $1.4m 0.01% Reduced -263 -263
92 RWA WEALTH PARTNERS, LLC 0.01% of their portfolio BOSTON, MA 12,25212.3k $1.4m $1.4m 0.01% Unchanged
93 Gotham Asset Management, LLC 0.00% of their portfolio NEW YORK, NY 12,24612.2k $1.4m $1.4m 0.00% Added +8.8k +8,811
94 Base Wealth Management LLC 0.72% of their portfolio LAKEWOOD RANCH, FL 12,01712.0k $1.3m $1.3m 0.72% Reduced -1.7k -1,662
95 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 12,00512.0k $1.3m $1.3m 0.00% Added +2.8k +2,811
96 First Bancorp, Inc /ME/ 0.69% of their portfolio DAMARISCOTTA, ME 11,52811.5k $1.3m $1.3m 0.69% Unchanged
97 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 11,46611.5k $1.3m $1.3m 0.00% Added +6.1k +6,139
98 Envision Financial Planning, LLC 0.48% of their portfolio MEMPHIS, TN 11,43611.4k $1.3m $1.3m 0.48% Added +856 +856
99 Ritter Daniher Financial Advisory LLC / DE 0.21% of their portfolio CINCINNATI, OH 11,33511.3k $1.3m $1.3m 0.21% Added +476 +476
100 SITTNER & NELSON, LLC 0.48% of their portfolio EUGENE, OR 11,05011.1k $1.3m $1.3m 0.48% Unchanged