Vault-13

VANGUARD WELLINGTON FD VFVA

US VALUE FACTR · ETP · CUSIP 921935805

89 institutional holders -7 vs Q1 2025
1,989,8992.0m shares reported held*
$233.5mreported value*
6 new 30 added 30 reduced 12 sold out net sold ≈ $60.0m (-534.8k 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. Holder counts are more reliable. Implied quarter-end price ≈ $117.35. Options: 1 managers hold calls ($0 notional), 1 hold puts ($0).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 65Q4 22: 79Q1 23: 72Q2 23: 68Q3 23: 73Q4 23: 78Q1 24: 85Q2 24: 86Q3 24: 85Q4 24: 94Q1 25: 96Q2 25: 8989Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202265
Q4 202279
Q1 202372
Q2 202368
Q3 202373
Q4 202378
Q1 202485
Q2 202486
Q3 202485
Q4 202494
Q1 202596
Q2 202589

Buyers vs sellers

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

Bought or addedCut or sold out
50050Q3 23: 26 bought or addedQ3 23: 37 cut or sold outQ4 23: 30 bought or addedQ4 23: 35 cut or sold outQ4 23Q1 24: 44 bought or addedQ1 24: 31 cut or sold outQ2 24: 30 bought or addedQ2 24: 42 cut or sold outQ2 24Q3 24: 32 bought or addedQ3 24: 48 cut or sold outQ4 24: 43 bought or addedQ4 24: 28 cut or sold outQ4 24Q1 25: 36 bought or addedQ1 25: 41 cut or sold outQ2 25: 36 bought or addedQ2 25: 42 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232637
Q4 20233035
Q1 20244431
Q2 20243042
Q3 20243248
Q4 20244328
Q1 20253641
Q2 20253642

Biggest buyers

UBS Group AG Added +44,798+44.8k
MENORA MIVTACHIM HOLDINGS LTD. Added +33,672+33.7k
ROYAL BANK OF CANADA Added +21,137+21.1k
Equitable Holdings, Inc. Added +16,594+16.6k
LPL Financial LLC Added +7,779+7.8k
BURRUS FINANCIAL SERVICES, INC. Added +6,594+6.6k
FLOW TRADERS U.S. LLC New +6,526+6.5k
Stonehearth Capital Management, LLC New +6,510+6.5k
BANK OF AMERICA CORP /DE/ Added +4,764+4.8k
ANDERSON HOAGLAND & CO Added +3,258+3.3k

Biggest sellers

RWA WEALTH PARTNERS, LLC Reduced -389,414-389.4k
Sequoia Financial Advisors, LLC Reduced -57,680-57.7k
MorganRosel Wealth Management, LLC Reduced -54,449-54.4k
NewEdge Advisors, LLC Sold out -40,439-40.4k
Gotham Asset Management, LLC Reduced -29,893-29.9k
RAYMOND JAMES FINANCIAL INC Reduced -25,998-26.0k
LEAVELL INVESTMENT MANAGEMENT, INC. Sold out -21,500-21.5k
TWO SIGMA INVESTMENTS, LP Sold out -18,100-18.1k
Fortis Advisors, LLC Reduced -12,379-12.4k
Cresset Asset Management, LLC Sold out -12,236-12.2k

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.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
International City Management Association Retirement Corp 13G · institution new · filed 2025-10-06 9.2% new 506.8k≈ $75.2m 2025-10-06

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Armbruster Capital Management, Inc. 9.07% of their portfolio PITTSFORD, NY 423,491423.5k $50.1m $50.1m 9.07% Reduced -470 -470
2 ANDERSON HOAGLAND & CO 2.97% of their portfolio ST LOUIS, MO 263,508263.5k $31.2m $31.2m 2.97% Added +3.3k +3,258
3 BURRUS FINANCIAL SERVICES, INC. 11.45% of their portfolio SALT LAKE CITY, UT 202,255202.3k $23.9m $23.9m 11.45% Added +6.6k +6,594
4 Equitable Holdings, Inc. 0.12% of their portfolio NEW YORK, NY 127,910127.9k $15.1m $15.1m 0.12% Added +16.6k +16,594
5 RWA WEALTH PARTNERS, LLC 0.18% of their portfolio BOSTON, MA 120,395120.4k $14.2m $14.2m 0.18% Reduced -389.4k -389,414
6 MENORA MIVTACHIM HOLDINGS LTD. 0.06% of their portfolio Ramat Gan, L3 93,01393.0k $11.0m $11.0m 0.06% Added +33.7k +33,672
7 Sterling Manor Financial, LLC 5.58% of their portfolio Saratoga Springs, NY 70,71170.7k $8.4m $8.4m 5.58% Reduced -1.3k -1,347
8 UMB Bank, n.a. 0.10% of their portfolio Kansas City, MO 54,29554.3k $6.4m $6.4m 0.10% Added +364 +364
9 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 53,99354.0k $6.4m $6.4m 0.00% Added +7.8k +7,779
10 UBS Group AG 0.00% of their portfolio ZURICH, V8 51,93051.9k $6.1m $6.1m 0.00% Added +44.8k +44,798
11 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 42,09442.1k $5.0m $5.0m 0.00% Added +21.1k +21,137
12 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 37,84537.8k $4.5m $4.5m 0.00% Reduced -26.0k -25,998
13 EP Wealth Advisors, LLC 0.03% of their portfolio TORRANCE, CA 35,64935.6k $4.2m $4.2m 0.03% Reduced -327 -327
14 Sequoia Financial Advisors, LLC 0.03% of their portfolio Akron, OH 31,79831.8k $3.8m $3.8m 0.03% Reduced -57.7k -57,680
15 Lebenthal Global Advisors, LLC 0.64% of their portfolio Hauppauge, NY 29,12029.1k $3.4m $3.4m 0.64% Reduced -58 -58
16 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 20,76120.8k $2.5m $2.5m 0.00% Reduced -1.3k -1,322
17 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 20,28620.3k $2.4m $2.4m 0.00% Unchanged
18 McIlrath & Eck, LLC 0.27% of their portfolio ARLINGTON, WA 19,89119.9k $2.4m $2.4m 0.27% Reduced -1.5k -1,495
19 Gotham Asset Management, LLC 0.00% of their portfolio NEW YORK, NY 18,63618.6k $290.3k $290.3k 0.00% Reduced -29.9k -29,893
20 Fortis Advisors, LLC 1.10% of their portfolio WAYNE, PA 14,49614.5k $1.7m $1.7m 1.10% Reduced -12.4k -12,379
21 Sovereign Financial Group, Inc. 0.33% of their portfolio STAMFORD, CT 13,54713.5k $1.6m $1.6m 0.33% Added +559 +559
22 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 11,56111.6k $1.4m $1.4m 0.00% Reduced -297 -297
23 CoreFirst Bank & Trust 0.74% of their portfolio TOPEKA, KS 11,14111.1k $1.3m $1.3m 0.74% Added +1.8k +1,752
24 Visionary Wealth Advisors 0.07% of their portfolio O'FALLON, IL 11,10411.1k $1.3m $1.3m 0.07% Added +196 +196
25 Compass Advisory Group LLC 0.38% of their portfolio MELVILLE, NY 10,22610.2k $1.2m $1.2m 0.38% Reduced -303 -303
26 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 9,3209.3k $1.1m $1.1m 0.00% Reduced -5 -5
27 WHITTIER TRUST CO 0.01% of their portfolio SOUTH PASADENA, CA 8,9539.0k $1.1m $1.1m 0.01% Added +43 +43
28 Parkworth Wealth Management, Inc. 0.73% of their portfolio LOS GATOS, CA 8,5688.6k $1.0m $1.0m 0.73% Reduced -4 -4
29 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 8,1368.1k $963.0k $963.0k 0.00% Added +581 +581
30 Keystone Financial Group 0.08% of their portfolio LEXINGTON, KY 7,8547.9k $929.1k $929.1k 0.08% Added +50 +50
31 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7,3337.3k $867.5k $867.5k 0.00% Added +4.8k +4,764
32 Mariner, LLC 0.00% of their portfolio Overland Park, KS 7,2857.3k $861.8k $861.8k 0.00% Reduced -213 -213
33 Long Island Wealth Management, Inc. 0.44% of their portfolio MELVILLE, NY 7,1697.2k $848.1k $848.1k 0.44% Reduced -1.7k -1,722
34 CENTAURUS FINANCIAL, INC. 0.05% of their portfolio ANAHEIM, CA 6,9186.9k $818.0k $818.0k 0.05% Added +378 +378
35 Financial Engines Advisors L.L.C. 0.00% of their portfolio SANTA CLARA, CA 6,5396.5k $774.0k $774.0k 0.00% Reduced -12.1k -12,051
36 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 6,5266.5k $772.0k $772.0k 0.03% New
37 Stonehearth Capital Management, LLC 0.32% of their portfolio DANVERS, MA 6,5106.5k $770.1k $770.1k 0.32% New
38 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 6,2026.2k $733.6k $733.6k 0.00% Unchanged
39 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 6,1256.1k $724.5k $724.5k 0.00% Reduced -86 -86
40 Kathmere Capital Management, LLC 0.06% of their portfolio WAYNE, PA 6,0776.1k $718.9k $718.9k 0.06% Added +862 +862
41 Rockingstone Advisors LLC 0.38% of their portfolio GREAT BARRINGTON, MA 6,0676.1k $717.7k $717.7k 0.38% Reduced -81 -81
42 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 5,6555.7k $669.0k $669.0k 0.00% Unchanged
43 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 5,3795.4k $636.3k $636.3k 0.00% Reduced -387 -387
44 Financial Partners Group, Inc 0.09% of their portfolio Overland Park, KS 5,2245.2k $618.0k $618.0k 0.09% Added +10 +10
45 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 4,8484.8k $573.5k $573.5k 0.00% Reduced -333 -333
46 Tower Research Capital LLC (TRC) 0.01% of their portfolio NEW YORK, NY 4,5614.6k $539.6k $539.6k 0.01% Added +3.2k +3,152
47 Essex Financial Services, Inc. 0.03% of their portfolio ESSEX, CT 4,0374.0k $477.6k $477.6k 0.03% Added +639 +639
48 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 3,5613.6k $421.2k $421.2k 0.00% Reduced -67 -67
49 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 3,2613.3k $385.8k $385.8k 0.00% Unchanged
50 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.01% of their portfolio Seattle, WA 3,1193.1k $369.0k $369.0k 0.01% Unchanged
51 Sunbelt Securities, Inc. 0.03% of their portfolio HOUSTON, TX 3,0423.0k $360.1k $360.1k 0.03% Unchanged
52 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 2,9442.9k $362.5k $362.5k 0.00% Reduced -749 -749
53 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 2,9262.9k $346.1k $346.1k 0.00% Reduced -9.7k -9,708
54 Crossmark Global Holdings, Inc. 0.01% of their portfolio HOUSTON, TX 2,7382.7k $324.0k $324.0k 0.01% Added +30 +30
55 Smart Money Group LLC 0.09% of their portfolio EASTLAND, TX 2,4842.5k $293.9k $293.9k 0.09% Reduced -448 -448
56 Graypoint LLC 0.02% of their portfolio Albany, NY 2,4192.4k $286.2k $286.2k 0.02% Unchanged
57 TWO SIGMA SECURITIES, LLC 0.03% of their portfolio NEW YORK, NY 2,3082.3k $273.0k $273.0k 0.03% New
58 Stokes Family Office, LLC 0.03% of their portfolio NEW ORLEANS, LA 2,2532.3k $266.5k $266.5k 0.03% Reduced -49 -49
59 MOTIVE WEALTH ADVISORS 0.12% of their portfolio BIRMINGHAM, MI 2,2002.2k $260.3k $260.3k 0.12% Unchanged
60 MOSAIC FAMILY WEALTH PARTNERS, LLC 0.03% of their portfolio ST. LOUIS, MO 2,1222.1k $251.1k $251.1k 0.03% Unchanged
61 MELFA WEALTH MANAGEMENT, INC. 0.16% of their portfolio WESTBOROUGH, MA 2,0792.1k $245.9k $245.9k 0.16% Added +17 +17
62 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 2,0352.0k $240.7k $240.7k 0.00% Added +946 +946
63 LAM GROUP, INC. 0.16% of their portfolio LAKE OSWEGO, OR 2,0002.0k $236.6k $236.6k 0.16% Unchanged
64 Compass Ion Advisors, LLC 0.03% of their portfolio CONSHOHOCKEN, PA 1,9952.0k $236.0k $236.0k 0.03% Added +11 +11
65 Parkside Financial Bank & Trust 0.02% of their portfolio SAINT LOUIS, MO 1,8571.9k $219.7k $219.7k 0.02% Unchanged
66 World Investment Advisors 0.00% of their portfolio LINCROFT, NJ 1,8201.8k $215.3k $215.3k 0.00% Reduced -2 -2
67 Caldwell Trust Co 0.02% of their portfolio Venice, FL 1,3961.4k $165.1k $165.1k 0.02% Unchanged
68 MorganRosel Wealth Management, LLC 0.04% of their portfolio HIGHLANDS RANCH, CO 1,0931.1k $129.3k $129.3k 0.04% Reduced -54.4k -54,449
69 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 1,0471.0k $123.9k $123.9k 0.00% Unchanged
70 Hara Capital LLC 0.08% of their portfolio BELLEVUE, WA 1,0341.0k $122.3k $122.3k 0.08% Added +70 +70
71 ATLAS CAPITAL ADVISORS INC. 0.01% of their portfolio JACKSON, WY 815815 $96.4k $96.4k 0.01% Unchanged
72 Pacific Center for Financial Services 0.02% of their portfolio DANVILLE, CA 548548 $64.8k $64.8k 0.02% Added +2 +2
73 True Wealth Design, LLC 0.02% of their portfolio AKRON, OH 404404 $47.8k $47.8k 0.02% Reduced -21 -21
74 Ameritas Advisory Services, LLC 0.00% of their portfolio Lincoln, NE 353353 $41.8k $41.8k 0.00% New
75 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 306306 $36.2k $36.2k 0.00% New
76 Glass Jacobson Investment Advisors llc 0.01% of their portfolio OWINGS MILLS, MD 168168 $19.9k $19.9k 0.01% Added +9 +9
77 PRIVATE TRUST CO NA 0.00% of their portfolio CLEVELAND, OH 150150 $17.7k $17.7k 0.00% Unchanged
78 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 107107 $12.7k $12.7k 0.00% Added +23 +23
79 PRINCIPAL SECURITIES, INC. 0.00% of their portfolio DES MOINES, IA 100100 $11.8k $11.8k 0.00% Unchanged
80 TD Waterhouse Canada Inc. 0.00% of their portfolio TORONTO, A6 7070 $8.3k $8.3k 0.00% Added +51 +51
81 Global Retirement Partners, LLC 0.00% of their portfolio San Rafael, CA 6565 $7.7k $7.7k 0.00% First filing
82 EASTERN BANK 0.00% of their portfolio BOSTON, MA 5454 $6.4k $6.4k 0.00% Unchanged
83 AMERIFLEX GROUP, INC. 0.00% of their portfolio LAS VEGAS, NV 4242 $4.9k $4.9k 0.00% Unchanged
84 DHJJ Financial Advisors, Ltd. 0.00% of their portfolio NAPERVILLE, IL 2828 $3.3k $3.3k 0.00% Unchanged
85 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 77 $828 $828 0.00% New
86 Central Pacific Bank - Trust Division 0.00% of their portfolio HONOLULU, HI 66 $710 $710 0.00% Unchanged
87 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 11 $90 $90 0.00% Added +1 +1
88 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 00 $2 $2 0.00% Unchanged
89 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged