Vault-13

VANGUARD ADMIRAL FDS INC IVOO

MIDCP 400 IDX · ETP · CUSIP 921932885

303 institutional holders +14 vs Q4 2025
14,983,30915.0m shares reported held*
$1.7bnreported value*
28 new 100 added 81 reduced 15 sold out net bought ≈ $86.7m (+755.4k 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 ($1.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $114.37.

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0200400Q3 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: 289Q1 26: 303303Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q1 2026303

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 81 bought or addedQ2 24: 89 cut or sold outQ3 24: 116 bought or addedQ3 24: 74 cut or sold outQ3 24Q4 24: 116 bought or addedQ4 24: 74 cut or sold outQ1 25: 124 bought or addedQ1 25: 88 cut or sold outQ1 25Q2 25: 122 bought or addedQ2 25: 98 cut or sold outQ3 25: 104 bought or addedQ3 25: 96 cut or sold outQ3 25Q4 25: 120 bought or addedQ4 25: 85 cut or sold outQ1 26: 128 bought or addedQ1 26: 96 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20248189
Q3 202411674
Q4 202411674
Q1 202512488
Q2 202512298
Q3 202510496
Q4 202512085
Q1 202612896

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ2 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 —Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$314.9k$10.5k0.03
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$0—

Biggest buyers

HANTZ FINANCIAL SERVICES, INC. Added +429,655+429.7k
GOLDMAN SACHS GROUP INC Added +154,062+154.1k
BANK OF AMERICA CORP /DE/ Added +69,190+69.2k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +64,503+64.5k
MONETA GROUP INVESTMENT ADVISORS LLC Added +55,907+55.9k
Rockefeller Capital Management L.P. Added +36,096+36.1k
WELLS FARGO & COMPANY/MN Added +35,190+35.2k
LPL Financial LLC Added +33,295+33.3k
CITIGROUP INC New +30,420+30.4k
RAYMOND JAMES FINANCIAL INC Added +29,246+29.2k

Biggest sellers

LOCKHEED MARTIN INVESTMENT MANAGEMENT CO Reduced -90,000-90.0k
Savant Capital, LLC Reduced -89,512-89.5k
MORGAN STANLEY Reduced -68,853-68.9k
AXXCESS WEALTH MANAGEMENT, LLC Sold out -32,084-32.1k
D.A. DAVIDSON & CO. Reduced -30,325-30.3k
UBS Group AG Reduced -26,808-26.8k
Andrews Advisory Associates, LLC Reduced -24,559-24.6k
OSAIC HOLDINGS, INC. Reduced -17,464-17.5k
Corient Private Wealth LP Reduced -14,508-14.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -14,001-14.0k

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 1,844,3751.8m $210.8m $210.8m 0.03% Added +154.1k +154,062
2 HANTZ FINANCIAL SERVICES, INC. 2.63% of their portfolio SOUTHFIELD, MI 1,510,9661.5m $172.7m $172.7m 2.63% Added +429.7k +429,655
3 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,397,3681.4m $159.7m $159.7m 0.01% Added +69.2k +69,190
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 940,571940.6k $107.5m $107.5m 0.01% Reduced -68.9k -68,853
5 UBS Group AG 0.02% of their portfolio ZURICH, V8 841,917841.9k $96.2m $96.2m 0.02% Reduced -26.8k -26,808
6 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 620,359620.4k $70.9m $70.9m 0.04% Added +64.5k +64,503
7 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 2.26% of their portfolio BETHESDA, MD 540,000540.0k $61.7m $61.7m 2.26% Reduced -90.0k -90,000
8 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 367,675367.7k $42.0m $42.0m 0.01% Added +29.2k +29,246
9 Starr Indemnity & Liability Co 10.58% of their portfolio NEW YORK, NY 364,098364.1k $41.6m $41.6m 10.58% Unchanged
10 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 307,813307.8k $35.2m $35.2m 0.01% Added +35.2k +35,190
11 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 305,085305.1k $34.9m $34.9m 0.01% Added +33.3k +33,295
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 267,709267.7k $30.6m $30.6m 0.01% Added +8.5k +8,494
13 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 239,726239.7k $26.7m $26.7m 0.01% Added +21.4k +21,428
14 C V STARR & CO INC 13.56% of their portfolio NEW YORK, NY 227,427227.4k $26.0m $26.0m 13.56% Unchanged
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 224,117224.1k $25.6m $25.6m 0.00% Reduced -7.9k -7,940
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 186,081186.1k $20.7m $20.7m 0.00% Added +4.5k +4,496
17 Francis Financial, Inc. 3.75% of their portfolio NEW YORK, NY 176,517176.5k $20.2m $20.2m 3.75% Added +13.8k +13,773
18 Savant Capital, LLC 0.09% of their portfolio ROCKFORD, IL 161,136161.1k $18.4m $18.4m 0.09% Reduced -89.5k -89,512
19 MONETA GROUP INVESTMENT ADVISORS LLC 0.14% of their portfolio ST LOUIS, MO 158,553158.6k $18.1m $18.1m 0.14% Added +55.9k +55,907
20 Allworth Financial LP 0.07% of their portfolio FOLSOM, CA 149,524149.5k $17.1m $17.1m 0.07% Added +670 +670
21 OLD NATIONAL BANCORP /IN/ 0.28% of their portfolio EVANSVILLE, IN 147,903147.9k $16.9m $16.9m 0.28% Reduced -3.5k -3,536
22 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 126,886126.9k $14.5m $14.5m 0.02% Reduced -13.6k -13,640
23 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 124,792124.8k $14.3m $14.3m 0.02% Reduced -17.5k -17,464
24 EVERGREEN CAPITAL MANAGEMENT LLC 0.30% of their portfolio Bellevue, WA 119,132119.1k $13.6m $13.6m 0.30% Added +4.9k +4,869
25 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 116,460116.5k $13.3m $13.3m 0.01% Reduced -3.2k -3,223
26 NWM ADVISORS, LLC 11.57% of their portfolio SAN LUIS OBISPO, CA 111,130111.1k $12.7m $12.7m 11.57% Reduced -1.8k -1,789
27 D.A. DAVIDSON & CO. 0.07% of their portfolio GREAT FALLS, MT 105,248105.2k $12.0m $12.0m 0.07% Reduced -30.3k -30,325
28 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 97,63497.6k $11.2m $11.2m 0.03% Added +1.5k +1,473
29 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 93,66693.7k $10.7m $10.7m 0.02% Added +36.1k +36,096
30 Coign Capital Advisors LLC 5.47% of their portfolio Draper, UT 91,11691.1k $10.4m $10.4m 5.47% Reduced -1.5k -1,482
31 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 90,81290.8k $10.4m $10.4m 0.01% Added +11.4k +11,357
32 Warwick Investment Management, Inc. 1.46% of their portfolio BRYAN, TX 87,85987.9k $10.0m $10.0m 1.46% Added +19.5k +19,538
33 Bryant Woods Investment Advisors, LLC 3.59% of their portfolio GETZVILLE, NY 85,29185.3k $9.8m $9.8m 3.59% Added +2.8k +2,798
34 RAELIPSKIE PARTNERSHIP 3.97% of their portfolio WATERLOO, A6 82,08082.1k $9.4m $9.4m 3.97% Added +825 +825
35 Lebenthal Global Advisors, LLC 1.34% of their portfolio Hauppauge, NY 80,90080.9k $9.2m $9.2m 1.34% Added +728 +728
36 Pathstone Holdings, LLC 0.04% of their portfolio ENGLEWOOD, NJ 80,22480.2k $9.2m $9.2m 0.04% Reduced -1.7k -1,722
37 Kastel Capital Advisors, LLC 5.47% of their portfolio WELLESLEY, MA 79,65179.7k $8.9m $8.9m 5.47% Unchanged
38 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 65,01265.0k $7.4m $7.4m 0.01% Added +420 +420
39 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 64,56764.6k $7.4m $7.4m 0.02% Added +2.1k +2,119
40 Checchi Capital Advisers, LLC 0.47% of their portfolio BEVERLY HILLS, CA 60,07760.1k $6.9m $6.9m 0.47% Added +4.1k +4,097
41 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 55,12055.1k $6.3m $6.3m 0.02% Added +5.0k +5,043
42 SENTINEL TRUST CO LBA 0.62% of their portfolio HOUSTON, TX 54,74654.7k $6.3m $6.3m 0.62% Unchanged
43 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 52,47252.5k $6.0m $6.0m 0.01% Added +3.3k +3,275
44 Soltis Investment Advisors LLC 0.38% of their portfolio ST. GEORGE, UT 51,25051.2k $5.9m $5.9m 0.38% Reduced -3.4k -3,422
45 HARBOR ADVISORY CORP /MA/ 1.70% of their portfolio PORTSMOUTH, NH 49,44549.4k $5.7m $5.7m 1.70% Unchanged
46 Texas Capital Bank Wealth Management Services Inc 0.33% of their portfolio Dallas, TX 48,64648.6k $5.6m $5.6m 0.33% Reduced -1.4k -1,417
47 HARBOUR INVESTMENTS, INC. 0.08% of their portfolio MADISON, WI 46,61746.6k $5.3m $5.3m 0.08% Reduced -936 -936
48 Valmark Advisers, Inc. 0.06% of their portfolio AKRON, OH 45,22445.2k $5.2m $5.2m 0.06% Added +13.3k +13,336
49 Violich Capital Management, Inc. 0.60% of their portfolio MILL VALLEY, CA 44,79544.8k $5.1m $5.1m 0.60% Added +18.3k +18,295
50 Savvy Advisors, Inc. 0.13% of their portfolio NEW YORK, NY 41,97942.0k $4.8m $4.8m 0.13% Added +102 +102
51 EP Wealth Advisors, LLC 0.02% of their portfolio TORRANCE, CA 39,81739.8k $4.6m $4.6m 0.02% Added +1.1k +1,149
52 LEGACY SOLUTIONS, LLC 3.90% of their portfolio KENNETT SQUARE, PA 36,77136.8k $4.2m $4.2m 3.90% Reduced -2.7k -2,688
53 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 36,62736.6k $4.2m $4.2m 0.02% Reduced -1.2k -1,162
54 Atlas Legacy Advisors, LLC 0.74% of their portfolio LOS ANGELES, CA 35,51635.5k $4.1m $4.1m 0.74% Added +519 +519
55 FIRST AMERICAN BANK 0.25% of their portfolio DUNDEE, IL 34,68334.7k $4.0m $4.0m 0.25% Reduced -457 -457
56 Mariner, LLC 0.00% of their portfolio Overland Park, KS 32,95633.0k $3.8m $3.8m 0.00% Reduced -3.0k -2,995
57 PHILLIPS FINANCIAL MANAGEMENT, LLC 0.27% of their portfolio FORT WAYNE, IN 32,16232.2k $3.7m $3.7m 0.27% Reduced -1.6k -1,648
58 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 30,60730.6k $3.5m $3.5m 0.00% Added +225 +225
59 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 30,42030.4k $3.5m $3.5m 0.00% New
60 Coastline Trust Co 0.34% of their portfolio PROVIDENCE, RI 30,33030.3k $3.5m $3.5m 0.34% Reduced -1.2k -1,186
61 Keystone Financial Group 0.22% of their portfolio LEXINGTON, KY 28,41728.4k $3.2m $3.2m 0.22% Reduced -194 -194
62 EQ LLC 0.86% of their portfolio BELLEVUE, WA 26,65626.7k $3.0m $3.0m 0.86% Added +1.3k +1,295
63 Clearstead Advisors, LLC 0.03% of their portfolio CLEVELAND, OH 25,38725.4k $2.9m $2.9m 0.03% Added +18.9k +18,947
64 Tempo Wealth, LLC 0.50% of their portfolio INDEPENDENCE, OH 25,26325.3k $2.9m $2.9m 0.50% Reduced -547 -547
65 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 24,89024.9k $2.8m $2.8m 0.01% Reduced -442 -442
66 Fairway Wealth LLC 0.73% of their portfolio INDEPENDENCE, OH 24,30424.3k $2.8m $2.8m 0.73% Added +69 +69
67 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 23,72523.7k $2.7m $2.7m 0.01% Added +2.6k +2,575
68 Andrews Advisory Associates, LLC 1.42% of their portfolio HONOLULU, HI 23,53623.5k $2.7m $2.7m 1.42% Reduced -24.6k -24,559
69 MetLife Investment Management, LLC 0.01% of their portfolio Whippany, NJ 23,49023.5k $2.7m $2.7m 0.01% Unchanged
70 Fiduciary Trust Co 0.03% of their portfolio Boston, MA 22,92522.9k $2.6m $2.6m 0.03% Unchanged
71 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 22,79722.8k $2.6m $2.6m 0.00% Added +303 +303
72 SpringVest Wealth Management LLC 1.73% of their portfolio DALLAS, TX 22,12322.1k $2.5m $2.5m 1.73% Reduced -88 -88
73 Waverly Advisors, LLC 0.02% of their portfolio BIRMINGHAM, AL 20,99621.0k $2.4m $2.4m 0.02% Reduced -209 -209
74 Marble Harbor Investment Counsel, LLC 0.26% of their portfolio BOSTON, MA 20,66020.7k $2.4m $2.4m 0.26% Added +2.9k +2,910
75 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 20,09420.1k $2.2m $2.2m 0.00% Added +8.6k +8,628
76 Valpey Financial Services, LLC 1.49% of their portfolio CONCORD, NH 19,98820.0k $2.3m $2.3m 1.49% Reduced -626 -626
77 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 19,67419.7k $2.2m $2.2m 0.01% Added +17.1k +17,143
78 Councilor Wealth, LLC 1.08% of their portfolio BETHESDA, MD 19,39419.4k $2.2m $2.2m 1.08% New
79 CIBC Bancorp USA Inc. 0.00% of their portfolio CHICAGO, IL 18,54818.5k $2.1m $2.1m 0.00% First filing
80 Truepoint, Inc. 0.05% of their portfolio CINCINNATI, OH 18,20018.2k $2.1m $2.1m 0.05% Unchanged
81 Octavia Wealth Advisors, LLC 0.17% of their portfolio CINCINNATI, OH 15,79615.8k $1.8m $1.8m 0.17% Reduced -2 -2
82 SoundView Advisors Inc. 0.61% of their portfolio OLYMPIA, WA 14,89414.9k $1.7m $1.7m 0.61% Reduced -121 -121
83 Klingman & Associates, LLC 0.08% of their portfolio New York, NY 14,87814.9k $1.7m $1.7m 0.08% Added +1 +1
84 Vanguard National Trust Co 0.11% of their portfolio MALVERN, PA 14,84114.8k $1.7m $1.7m 0.11% First filing
85 Farther Finance Advisors, LLC 0.02% of their portfolio SAN FRANCISCO, CA 14,76214.8k $1.7m $1.7m 0.02% New
86 Gibraltar Capital Management, Inc. 0.28% of their portfolio TULSA, OK 14,12014.1k $1.6m $1.6m 0.28% Unchanged
87 Envision Financial Planning, LLC 0.57% of their portfolio MEMPHIS, TN 13,77313.8k $1.6m $1.6m 0.57% Added +2.3k +2,337
88 QUADRANT CAPITAL GROUP LLC 0.05% of their portfolio CINCINNATI, OH 13,61313.6k $1.6m $1.6m 0.05% Unchanged
89 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 13,28313.3k $1.5m $1.5m 0.00% Reduced -1.2k -1,247
90 HUNTINGTON NATIONAL BANK 0.01% of their portfolio COLUMBUS, OH 13,22613.2k $1.5m $1.5m 0.01% Added +561 +561
91 GREENLEAF TRUST 0.01% of their portfolio KALAMAZOO, MI 13,13413.1k $1.5m $1.5m 0.01% Reduced -1.2k -1,202
92 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 12,87412.9k $1.5m $1.5m 0.01% Reduced -14 -14
93 Pinnacle Financial Partners, Inc. 0.01% of their portfolio ATLANTA, GA 12,67812.7k $1.4m $1.4m 0.01% New
94 KINTRA WEALTH, LLC 0.10% of their portfolio WILLIAMSPORT, PA 12,57412.6k $1.4m $1.4m 0.10% New
95 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 12,51812.5k $1.4m $1.4m 0.00% Added +8.1k +8,057
96 PARK AVENUE SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 12,42712.4k $1.4m $1.4m 0.01% Reduced -349 -349
97 RWA WEALTH PARTNERS, LLC 0.02% of their portfolio BOSTON, MA 12,25212.3k $1.4m $1.4m 0.02% Unchanged
98 Gotham Asset Management, LLC 0.00% of their portfolio NEW YORK, NY 12,24612.2k $1.4m $1.4m 0.00% Unchanged
99 Bleakley Financial Group, LLC 0.02% of their portfolio PARSIPPANY, NJ 11,98712.0k $1.4m $1.4m 0.02% Reduced -1.7k -1,726
100 Ritter Daniher Financial Advisory LLC / DE 0.22% of their portfolio CINCINNATI, OH 11,41411.4k $1.3m $1.3m 0.22% Added +79 +79