VANGUARD WELLINGTON FD VFMO
US MOMENTUM · ETP · CUSIP 921935508
64
institutional holders
+6 vs Q1 2023
1.9m
shares reported held*
$224.3mreported value*
10 new
23 added
16 reduced
4 sold out
net bought ≈ $25.0m (+205.8k 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 ($273.5k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $121.06. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 43 |
| Q4 2022 | 56 |
| Q1 2023 | 58 |
| Q2 2023 | 64 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 32 | 12 |
| Q1 2023 | 37 | 17 |
| Q2 2023 | 33 | 20 |
Biggest buyers
| Systelligence, LLC | Added | +70.2k |
| MERCER GLOBAL ADVISORS INC /ADV | New | +39.4k |
| RITHOLTZ WEALTH MANAGEMENT | Added | +25.9k |
| LINCOLN CAPITAL CORP | New | +25.3k |
| MML INVESTORS SERVICES, LLC | Added | +9.1k |
| DAVIDSON INVESTMENT ADVISORS | Added | +8.3k |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | Added | +5.4k |
| Tidal Investments LLC | New | +5.3k |
| DARK FOREST CAPITAL MANAGEMENT LP | New | +5.1k |
| JANE STREET GROUP, LLC | New | +4.9k |
Biggest sellers
| UMB Bank, n.a. | Reduced | -7.9k |
| ROYAL BANK OF CANADA | Reduced | -3.0k |
| Cambridge Investment Research Advisors, Inc. | Reduced | -3.0k |
| Raymond James Financial Services Advisors, Inc. | Reduced | -2.6k |
| OPPENHEIMER & CO INC | Sold out | -2.5k |
| Avant Capital LLC | Sold out | -1.8k |
| Seed Wealth Management, Inc. | Reduced | -1.6k |
| GREAT VALLEY ADVISOR GROUP, INC. | Reduced | -1.6k |
| MARKET STREET WEALTH MANAGEMENT ADVISORS LLC | Reduced | -1.3k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -562 |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 2023
| Manager | Shares | Change |
|---|---|---|
| RITHOLTZ WEALTH MANAGEMENT 2.09% of their portfolio | 382.9k $46.4m | Added +25.9k |
| Strategic Financial Services, Inc. 2.36% of their portfolio | 263.5k $31.6m | Added +4.4k |
| ANDERSON HOAGLAND & CO 2.23% of their portfolio | 143.0k $17.3m | Added +2.1k |
| CABOT WEALTH MANAGEMENT INC 2.35% of their portfolio | 129.5k $15.7m | Added +3.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 118.1k $14.3m | Reduced -562 |
| Systelligence, LLC 4.23% of their portfolio | 110.3k $13.4m | Added +70.2k |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.41% of their portfolio | 83.1k $10.1m | Added +5.4k |
| DAVIDSON INVESTMENT ADVISORS 0.62% of their portfolio | 80.9k $9.8m | Added +8.3k |
| Edge Capital Group, LLC 0.46% of their portfolio | 66.2k $8.0m | Added +2.8k |
| UMB Bank, n.a. 0.09% of their portfolio | 51.0k $6.2m | Reduced -7.9k |
| MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio | 39.4k $4.8m | New |
| Frisch Financial Group, Inc. 2.27% of their portfolio | 39.1k $4.7m | Added +1.1k |
| Armbruster Capital Management, Inc. 1.09% of their portfolio | 36.5k $4.4m | Added +1.5k |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 31.4k $3.8m | Reduced -2.6k |
| LPL Financial LLC 0.00% of their portfolio | 30.7k $3.7m | Added +825 |
| Journey Advisory Group, LLC 0.48% of their portfolio | 26.3k $3.2m | Added +679 |
| Thrivent Financial for Lutherans 0.01% of their portfolio | 25.9k $3.1m | Unchanged |
| LINCOLN CAPITAL CORP 1.57% of their portfolio | 25.3k $3.1m | New |
| Geneos Wealth Management Inc. 0.09% of their portfolio | 14.8k $1.8m | Added +238 |
| Nova R Wealth, Inc. 1.12% of their portfolio | 13.8k $1.7m | Added +1.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 13.6k $1.6m | Reduced -3.0k |
| MML INVESTORS SERVICES, LLC 0.01% of their portfolio | 12.6k $1.5m | Added +9.1k |
| UBS Group AG 0.00% of their portfolio | 9.4k $1.1m | Added +2.1k |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 9.3k $1.1m | Added +168 |
| Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio | 6.9k $840.0k | Reduced -3.0k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 5.4k $653.7k | Added +88 |
| Tidal Investments LLC 0.02% of their portfolio | 5.3k $647.0k | New |
| DARK FOREST CAPITAL MANAGEMENT LP 0.06% of their portfolio | 5.1k $617.6k | New |
| Cetera Advisor Networks LLC 0.00% of their portfolio | 5.0k $602.3k | Reduced -160 |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 4.9k $594.2k | New |
| TECTONIC ADVISORS LLC 0.07% of their portfolio | 4.8k $582.1k | Reduced -409 |
| Creative Planning 0.00% of their portfolio | 4.2k $512.0k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 4.0k $484.0k | Added +1.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 3.9k $467.0k | Added +91 |
| Graypoint LLC 0.04% of their portfolio | 3.7k $447.9k | Unchanged |
| GREAT VALLEY ADVISOR GROUP, INC. 0.02% of their portfolio | 3.5k $426.7k | Reduced -1.6k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 3.2k $394.0k | Added +525 |
| Seed Wealth Management, Inc. 0.42% of their portfolio | 3.2k $391.6k | Reduced -1.6k |
| Focus Partners Advisor Solutions, LLC 0.02% of their portfolio | 3.1k $381.0k | New |
| Clear Creek Financial Management, LLC 0.07% of their portfolio | 3.1k $380.3k | Reduced -41 |
| TOWNSQUARE CAPITAL LLC 0.01% of their portfolio | 3.0k $365.4k | Added +758 |
| Waverly Advisors, LLC 0.02% of their portfolio | 3.0k $362.6k | New |
| Silicon Hills Wealth Management, LLC 0.20% of their portfolio | 3.0k $362.6k | Reduced -1 |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 2.7k $329.5k | New |
| Portside Wealth Group, LLC 0.05% of their portfolio | 2.3k $273.5k | First filing |
| MARKET STREET WEALTH MANAGEMENT ADVISORS LLC 0.07% of their portfolio | 2.2k $263.9k | Reduced -1.3k |
| Norwood Financial Corp 0.38% of their portfolio | 2.1k $255.0k | Unchanged |
| LINCOLN NATIONAL CORP 0.00% of their portfolio | 2.0k $238.2k | New |
| Parallel Advisors, LLC 0.01% of their portfolio | 1.9k $232.2k | Reduced -10 |
| THOROUGHBRED FINANCIAL SERVICES, LLC 0.03% of their portfolio | 1.9k $226.0k | Reduced -220 |
| Chicago Partners Investment Group LLC 0.01% of their portfolio | 1.7k $211.2k | Reduced -249 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.1k $129.7k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 757 $91.8k | Added +111 |
| First Horizon Advisors, Inc. 0.00% of their portfolio | 569 $69.0k | Unchanged |
| ATLAS CAPITAL ADVISORS INC. 0.00% of their portfolio | 182 $22.1k | Reduced -132 |
| Castleview Partners, LLC 0.01% of their portfolio | 133 $16.1k | New |
| BARRETT & COMPANY, INC. 0.01% of their portfolio | 125 $15.2k | Unchanged |
| City State Bank 0.01% of their portfolio | 100 $12.0k | Unchanged |
| Parkside Financial Bank & Trust 0.00% of their portfolio | 52 $6.3k | Unchanged |
| NewSquare Capital LLC 0.00% of their portfolio | 25 $3.0k | Unchanged |
| GHP Investment Advisors, Inc. 0.00% of their portfolio | 18 $2.2k | Unchanged |
| MORGAN STANLEY 0.00% of their portfolio | 5 $606 | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 0 $3 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |