Vault-13

VANGUARD WELLINGTON FD VFMO

US MOMENTUM · ETP · CUSIP 921935508

140 institutional holders +0 vs Q2 2025
3,302,2073.3m shares reported held*
$632.4mreported value*
18 new 59 added 37 reduced 13 sold out net bought ≈ $3.2m (+16.4k 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. Holder counts are more reliable. Implied quarter-end price ≈ $191.51.

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 43Q4 22: 56Q1 23: 58Q2 23: 64Q3 23: 64Q4 23: 65Q1 24: 82Q2 24: 91Q3 24: 103Q4 24: 127Q1 25: 141Q2 25: 140Q3 25: 140140Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202243
Q4 202256
Q1 202358
Q2 202364
Q3 202364
Q4 202365
Q1 202482
Q2 202491
Q3 2024103
Q4 2024127
Q1 2025141
Q2 2025140
Q3 2025140

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 20 bought or addedQ4 23: 32 cut or sold outQ1 24: 50 bought or addedQ1 24: 23 cut or sold outQ1 24Q2 24: 53 bought or addedQ2 24: 29 cut or sold outQ3 24: 51 bought or addedQ3 24: 39 cut or sold outQ3 24Q4 24: 69 bought or addedQ4 24: 32 cut or sold outQ1 25: 88 bought or addedQ1 25: 41 cut or sold outQ1 25Q2 25: 69 bought or addedQ2 25: 60 cut or sold outQ3 25: 77 bought or addedQ3 25: 50 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20232032
Q1 20245023
Q2 20245329
Q3 20245139
Q4 20246932
Q1 20258841
Q2 20256960
Q3 20257750

Biggest buyers

WELLS FARGO & COMPANY/MN Added +299,902+299.9k
RITHOLTZ WEALTH MANAGEMENT Added +30,641+30.6k
Tidal Investments LLC Added +24,745+24.7k
SAGESPRING WEALTH PARTNERS, LLC New +11,113+11.1k
DAVIDSON INVESTMENT ADVISORS Added +7,479+7.5k
&PARTNERS Added +6,306+6.3k
Financial Freedom, LLC Added +6,125+6.1k
OSAIC HOLDINGS, INC. Added +5,752+5.8k
PFG Advisors New +5,727+5.7k
IEQ CAPITAL, LLC Added +5,026+5.0k

Biggest sellers

Cetera Investment Advisers Reduced -227,879-227.9k
Systelligence, LLC Reduced -59,918-59.9k
TWO SIGMA INVESTMENTS, LP Sold out -29,300-29.3k
Thrivent Financial for Lutherans Sold out -21,653-21.7k
BANK OF AMERICA CORP /DE/ Reduced -21,079-21.1k
Mariner, LLC Reduced -9,599-9.6k
RAYMOND JAMES FINANCIAL INC Reduced -9,513-9.5k
Financial Partners Group, Inc Reduced -8,810-8.8k
FULLCIRCLE WEALTH LLC Sold out -8,046-8.0k
Northwest Capital Management Inc Sold out -6,515-6.5k

Holders, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 RITHOLTZ WEALTH MANAGEMENT 2.34% of their portfolio NEW YORK, NY 628,387628.4k $120.4m $120.4m 2.34% Added +30.6k +30,641
2 GREAT VALLEY ADVISOR GROUP, INC. 1.32% of their portfolio WILMINGTON, DE 343,484343.5k $65.8m $65.8m 1.32% Reduced -5.2k -5,153
3 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 300,654300.7k $57.6m $57.6m 0.01% Added +299.9k +299,902
4 Strategic Financial Services, Inc. 2.69% of their portfolio UTICA, NY 280,279280.3k $53.7m $53.7m 2.69% Added +782 +782
5 DAVIDSON INVESTMENT ADVISORS 1.14% of their portfolio GREAT FALLS, MT 139,778139.8k $26.8m $26.8m 1.14% Added +7.5k +7,479
6 ANDERSON HOAGLAND & CO 2.05% of their portfolio ST LOUIS, MO 119,040119.0k $22.8m $22.8m 2.05% Added +650 +650
7 Systelligence, LLC 4.31% of their portfolio BLOOMINGTON, MN 118,604118.6k $22.7m $22.7m 4.31% Reduced -59.9k -59,918
8 CABOT WEALTH MANAGEMENT INC 2.30% of their portfolio BEVERLY, MA 108,229108.2k $20.7m $20.7m 2.30% Added +268 +268
9 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.40% of their portfolio Seattle, WA 103,917103.9k $19.9m $19.9m 0.40% Reduced -3.6k -3,601
10 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 103,820103.8k $19.9m $19.9m 0.01% Added +4.0k +4,012
11 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 88,85088.8k $17.0m $17.0m 0.00% Reduced -3.3k -3,255
12 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 83,13683.1k $15.9m $15.9m 0.02% Reduced -227.9k -227,879
13 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 69,16269.2k $13.3m $13.3m 0.00% Reduced -9.5k -9,513
14 Armbruster Capital Management, Inc. 1.56% of their portfolio PITTSFORD, NY 47,75047.8k $9.1m $9.1m 1.56% Reduced -698 -698
15 Financial Partners Group, Inc 0.96% of their portfolio Overland Park, KS 40,35540.4k $7.7m $7.7m 0.96% Reduced -8.8k -8,810
16 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 32,31432.3k $6.2m $6.2m 0.03% Added +3.2k +3,156
17 Private Advisor Group, LLC 0.03% of their portfolio MORRISTOWN, NJ 30,40230.4k $5.8m $5.8m 0.03% Added +4.1k +4,058
18 Tidal Investments LLC 0.02% of their portfolio Milwaukee, WI 29,25229.3k $5.6m $5.6m 0.02% Added +24.7k +24,745
19 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 27,23527.2k $5.2m $5.2m 0.00% Reduced -21.1k -21,079
20 LINCOLN CAPITAL CORP 1.81% of their portfolio EAST GREENWICH, RI 26,23126.2k $5.0m $5.0m 1.81% Reduced -52 -52
21 Stratos Wealth Advisors, LLC 0.23% of their portfolio BEACHWOOD, OH 24,74324.7k $4.7m $4.7m 0.23% Added +826 +826
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 21,81021.8k $4.2m $4.2m 0.00% Added +489 +489
23 UMB Bank, n.a. 0.06% of their portfolio Kansas City, MO 21,60721.6k $4.1m $4.1m 0.06% Added +32 +32
24 Hobart Private Capital, LLC 0.85% of their portfolio CHARLOTTE, NC 21,08321.1k $4.0m $4.0m 0.85% Reduced -250 -250
25 Betterment LLC 0.01% of their portfolio NEW YORK, NY 20,66820.7k $4.0m $4.0m 0.01% Added +324 +324
26 Redhawk Wealth Advisors, Inc. 0.46% of their portfolio MINNEAPOLIS, MN 20,62020.6k $4.0m $4.0m 0.46% Added +413 +413
27 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 19,23619.2k $3.6m $3.6m 0.01% Added +5.8k +5,752
28 Merit Financial Group, LLC 0.03% of their portfolio ALPHARETTA, GA 19,20019.2k $3.7m $3.7m 0.03% Added +1.3k +1,301
29 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 18,39218.4k $3.5m $3.5m 0.02% Added +6.3k +6,306
30 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 17,03317.0k $3.3m $3.3m 0.00% Added +1.5k +1,473
31 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 15,57115.6k $3.0m $3.0m 0.01% Added +11 +11
32 Payne Capital LLC 2.73% of their portfolio LAKE OSWEGO, OR 14,07014.1k $2.7m $2.7m 2.73% First filing
33 Financial Freedom, LLC 1.32% of their portfolio CINCINNATI, OH 13,78013.8k $2.6m $2.6m 1.32% Added +6.1k +6,125
34 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 13,69113.7k $2.6m $2.6m 0.01% Added +1.2k +1,248
35 Nova R Wealth, Inc. 1.00% of their portfolio OVERLAND PARK, KS 12,29712.3k $2.4m $2.4m 1.00% Reduced -315 -315
36 Wilkins Miller Wealth Management, LLC 1.35% of their portfolio MOBILE, AL 11,49811.5k $2.2m $2.2m 1.35% Added +4.2k +4,192
37 SAGESPRING WEALTH PARTNERS, LLC 0.04% of their portfolio FRANKLIN, TN 11,11311.1k $2.1m $2.1m 0.04% New
38 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio ORLANDO, FL 9,9239.9k $1.7m $1.7m 0.14% Unchanged
39 WEDBUSH SECURITIES INC 0.06% of their portfolio PASADENA, CA 9,5609.6k $1.8m $1.8m 0.06% Added +2.2k +2,166
40 Caitlin John, LLC 1.25% of their portfolio BRIGHTON, MI 9,3719.4k $1.8m $1.8m 1.25% Reduced -292 -292
41 Certus Wealth Management, LLC 1.04% of their portfolio SAN CARLOS, CA 9,0809.1k $1.7m $1.7m 1.04% Reduced -401 -401
42 IAM Advisory, LLC 0.36% of their portfolio EASTON, PA 8,3758.4k $1.6m $1.6m 0.36% Added +65 +65
43 Focus Partners Advisor Solutions, LLC 0.02% of their portfolio SAINT LOUIS, MO 8,3628.4k $1.6m $1.6m 0.02% Added +3.0k +2,992
44 Clearstead Advisors, LLC 0.02% of their portfolio CLEVELAND, OH 8,2948.3k $1.6m $1.6m 0.02% Reduced -1.6k -1,608
45 Aspect Partners, LLC 0.71% of their portfolio FAIRFAX, VA 8,2198.2k $1.6m $1.6m 0.71% Added +228 +228
46 COMERICA BANK 0.01% of their portfolio DALLAS, TX 8,1588.2k $1.6m $1.6m 0.01% Reduced -222 -222
47 IEQ CAPITAL, LLC 0.00% of their portfolio Foster City, CA 7,4617.5k $1.4m $1.4m 0.00% Added +5.0k +5,026
48 BLB&B Advisors, LLC 0.06% of their portfolio MONTGOMERYVILLE, PA 7,2507.2k $1.4m $1.4m 0.06% Unchanged
49 OLD MISSION CAPITAL LLC 0.05% of their portfolio CHICAGO, IL 6,7296.7k $1.3m $1.3m 0.05% Reduced -1.5k -1,468
50 Compass Ion Advisors, LLC 0.11% of their portfolio CONSHOHOCKEN, PA 6,1206.1k $1.2m $1.2m 0.11% Added +2.2k +2,241
51 THOROUGHBRED FINANCIAL SERVICES, LLC 0.07% of their portfolio BRENTWOOD, TN 6,0336.0k $1.2m $1.2m 0.07% Reduced -571 -571
52 PFG Advisors 0.04% of their portfolio Phoenix, AZ 5,7275.7k $1.1m $1.1m 0.04% New
53 TFB Advisors LLC 0.32% of their portfolio OVERLAND PARK, KS 5,6115.6k $1.1m $1.1m 0.32% Added +695 +695
54 SCS Capital Management LLC 0.01% of their portfolio BOSTON, MA 5,1855.2k $993.5k $993.5k 0.01% Added +1 +1
55 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 5,0385.0k $965.2k $965.2k 0.00% Reduced -1.1k -1,051
56 Wealthcare Advisory Partners LLC 0.02% of their portfolio WEST CHESTER, PA 4,9354.9k $945.6k $945.6k 0.02% Added +892 +892
57 Global Retirement Partners, LLC 0.02% of their portfolio San Rafael, CA 4,8944.9k $937.6k $937.6k 0.02% Reduced -157 -157
58 Valued Retirements, Inc. 0.89% of their portfolio HOUSTON, TX 4,5884.6k $791.5k $791.5k 0.89% Unchanged
59 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 4,3454.3k $833.0k $833.0k 0.00% Reduced -4.1k -4,117
60 HARBOUR INVESTMENTS, INC. 0.02% of their portfolio MADISON, WI 4,2334.2k $810.9k $810.9k 0.02% Reduced -43 -43
61 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 3,9904.0k $764.5k $764.5k 0.00% Added +106 +106
62 Apollon Wealth Management, LLC 0.01% of their portfolio MOUNT PLEASANT, SC 3,9674.0k $760.1k $760.1k 0.01% Added +95 +95
63 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 3,9303.9k $753.0k $753.0k 0.00% New
64 SMITH, MOORE & CO. 0.06% of their portfolio CLAYTON, MO 3,9263.9k $752.3k $752.3k 0.06% Reduced -1.0k -1,046
65 Soltis Investment Advisors LLC 0.05% of their portfolio ST. GEORGE, UT 3,8423.8k $736.0k $736.0k 0.05% New
66 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 3,6783.7k $704.6k $704.6k 0.01% Reduced -457 -457
67 PRINCIPAL SECURITIES, INC. 0.01% of their portfolio DES MOINES, IA 3,6573.7k $700.7k $700.7k 0.01% Added +56 +56
68 Kathmere Capital Management, LLC 0.05% of their portfolio WAYNE, PA 3,6503.6k $699.3k $699.3k 0.05% Added +421 +421
69 Diversify Advisory Services, LLC 0.02% of their portfolio SANDY, UT 3,6503.6k $714.2k $714.2k 0.02% Added +490 +490
70 LAZARI CAPITAL MANAGEMENT, INC. 0.22% of their portfolio WOODLAND HILLS, CA 3,4533.5k $661.6k $661.6k 0.22% Reduced -138 -138
71 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 3,4413.4k $659.4k $659.4k 0.00% Reduced -492 -492
72 United Advisor Group, LLC 0.09% of their portfolio CINCINNATI, OH 3,3033.3k $632.8k $632.8k 0.09% Unchanged
73 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,1533.2k $604.1k $604.1k 0.00% Added +113 +113
74 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3,0933.1k $592.6k $592.6k 0.00% Added +316 +316
75 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 3,0403.0k $582.5k $582.5k 0.01% Added +931 +931
76 PARTNERS WEALTH MANAGEMENT, LLC 0.46% of their portfolio CARMEL BY THE SEA, CA 2,4232.4k $464.1k $464.1k 0.46% Added +116 +116
77 Waverly Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 2,4122.4k $462.1k $462.1k 0.00% Unchanged
78 PARK AVENUE SECURITIES LLC 0.00% of their portfolio NEW YORK, NY 2,3852.4k $457.0k $457.0k 0.00% Added +971 +971
79 TECTONIC ADVISORS LLC 0.02% of their portfolio FRISCO, TX 2,3722.4k $454.4k $454.4k 0.02% Reduced -224 -224
80 AdvisorNet Financial, Inc 0.03% of their portfolio MINNETONKA, MN 2,3572.4k $451.6k $451.6k 0.03% Added +347 +347
81 Seed Wealth Management, Inc. 0.31% of their portfolio EVANSTON, IL 2,3302.3k $446.4k $446.4k 0.31% Reduced -900 -900
82 FLAGSHIP WEALTH ADVISORS, LLC 0.14% of their portfolio WAKEFIELD, MA 2,2502.2k $431.1k $431.1k 0.14% Unchanged
83 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 2,2232.2k $425.9k $425.9k 0.00% Added +43 +43
84 DAVIDSON TRUST CO 0.18% of their portfolio SEATTLE, WA 2,2182.2k $425.0k $425.0k 0.18% New
85 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 2,1452.1k $410.9k $410.9k 0.01% Added +261 +261
86 Arkadios Wealth Advisors 0.01% of their portfolio ATLANTA, GA 2,1422.1k $410.4k $410.4k 0.01% Unchanged
87 Riverview Trust Co 0.49% of their portfolio VANCOUVER, WA 2,1282.1k $407.7k $407.7k 0.49% Reduced -328 -328
88 Mariner, LLC 0.00% of their portfolio Overland Park, KS 2,1202.1k $406.2k $406.2k 0.00% Reduced -9.6k -9,599
89 Chicago Partners Investment Group LLC 0.01% of their portfolio CHICAGO, IL 2,0712.1k $408.2k $408.2k 0.01% Added +2 +2
90 Pacific Sun Financial Corp 0.19% of their portfolio LOS ANGELES, CA 2,0212.0k $387.2k $387.2k 0.19% Reduced -10 -10
91 Clark Wealth Partners 0.23% of their portfolio O'FALLON, IL 2,0072.0k $383.8k $383.8k 0.23% New
92 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 2,0052.0k $384.0k $384.0k 0.00% Added +77 +77
93 Signal Advisors Wealth, LLC 0.03% of their portfolio DETROIT, MI 1,8891.9k $361.9k $361.9k 0.03% New
94 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,8701.9k $358.3k $358.3k 0.00% New
95 GSG Advisors LLC 0.09% of their portfolio MOUNT LAUREL, NJ 1,8141.8k $348.1k $348.1k 0.09% Unchanged
96 Virtus Family Office LLC 0.32% of their portfolio EL PASO, TX 1,8071.8k $346.2k $346.2k 0.32% New
97 Orcam Financial Group 0.27% of their portfolio ENCINITAS, CA 1,7401.7k $333.3k $333.3k 0.27% Added +3 +3
98 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 1,6731.7k $320.5k $320.5k 0.00% Added +1 +1
99 Foster Group, Inc. 0.01% of their portfolio WEST DES MOINES, IA 1,6481.6k $315.7k $315.7k 0.01% Added +29 +29
100 SILVER OAK SECURITIES, INCORPORATED 0.02% of their portfolio JACKSON, TN 1,6181.6k $310.0k $310.0k 0.02% Added +116 +116