Vault-13

VANGUARD WELLINGTON FD VTES

SHORT TRM TAX EX · ETP · CUSIP 921935870

282 institutional holders +40 vs Q4 2025
8,090,7118.1m shares reported held*
$819.4mreported value*
43 new 134 added 50 reduced 10 sold out net sold ≈ $359.4k (-3.4k 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 ($565.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $101.28. Options: 0 managers hold calls (— notional), 1 hold puts ($19.7k).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0100200300Q1 23: 8Q2 23: 24Q3 23: 34Q4 23: 77Q1 24: 79Q2 24: 94Q3 24: 102Q4 24: 138Q1 25: 157Q2 25: 191Q3 25: 207Q4 25: 242Q1 26: 282282Q1 23Q4 23Q3 24Q2 25Q1 26
Numbers
QuarterHolders
Q1 20238
Q2 202324
Q3 202334
Q4 202377
Q1 202479
Q2 202494
Q3 2024102
Q4 2024138
Q1 2025157
Q2 2025191
Q3 2025207
Q4 2025242
Q1 2026282

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 24: 57 bought or addedQ2 24: 26 cut or sold outQ3 24: 63 bought or addedQ3 24: 29 cut or sold outQ3 24Q4 24: 87 bought or addedQ4 24: 28 cut or sold outQ1 25: 106 bought or addedQ1 25: 34 cut or sold outQ1 25Q2 25: 119 bought or addedQ2 25: 56 cut or sold outQ3 25: 128 bought or addedQ3 25: 56 cut or sold outQ3 25Q4 25: 159 bought or addedQ4 25: 48 cut or sold outQ1 26: 177 bought or addedQ1 26: 60 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 20245726
Q3 20246329
Q4 20248728
Q1 202510634
Q2 202511956
Q3 202512856
Q4 202515948
Q1 202617760

Calls vs puts

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

CallsPuts
$0$20k$40k$60k$80kQ2 25 calls: $0Q2 25 puts: $69.0kQ2 25P/C —Q3 25 calls: $0Q3 25 puts: $19.0kQ3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $19.7kQ1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$0$69.0k—
Q3 2025$0$19.0k—
Q4 2025$0$0—
Q1 2026$0$19.7k—

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +99,912+99.9k
MORGAN STANLEY Added +87,110+87.1k
Wescott Financial Advisory Group, LLC Added +56,952+57.0k
GenTrust, LLC Added +32,099+32.1k
Mariner, LLC Added +31,013+31.0k
Haverford Trust Co Added +30,629+30.6k
Altiora Financial Group, LLC Added +30,363+30.4k
S.A. Mason LLC Added +26,264+26.3k
Ausdal Financial Partners, Inc. New +26,148+26.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +23,920+23.9k

Biggest sellers

TIAA TRUST, NATIONAL ASSOCIATION Reduced -278,349-278.3k
Karpus Management, Inc. Reduced -227,850-227.8k
Corient Private Wealth LP Reduced -142,469-142.5k
Bedel Financial Consulting, Inc. Reduced -129,972-130.0k
Legacy PCG, LLC Sold out -49,226-49.2k
GOLDMAN SACHS GROUP INC Reduced -48,151-48.2k
RAYMOND JAMES FINANCIAL INC Reduced -35,058-35.1k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -31,725-31.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -21,045-21.0k
CITADEL ADVISORS LLC Sold out -18,399-18.4k

Biggest calls

None

Biggest puts

SIMPLEX TRADING, LLC New $19.7k100 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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MERCER GLOBAL ADVISORS INC /ADV 0.20% of their portfolio DENVER, CO 1,329,3331.3m $134.4m $134.4m 0.20% Added +15.8k +15,818
2 Wescott Financial Advisory Group, LLC 6.43% of their portfolio Philadelphia, PA 725,519725.5k $73.4m $73.4m 6.43% Added +57.0k +56,952
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 378,943378.9k $38.3m $38.3m 0.00% Added +99.9k +99,912
4 Gleason Group, Inc. 3.00% of their portfolio PROSPECT, KY 299,562299.6k $30.3m $30.3m 3.00% Added +16.1k +16,118
5 TIAA Wealth Investment Management LLC 0.21% of their portfolio New York, NY 266,166266.2k $26.9m $26.9m 0.21% First filing
6 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 238,557238.6k $24.1m $24.1m 0.01% Reduced -35.1k -35,058
7 SEEDS INVESTOR LLC 2.68% of their portfolio NEW YORK, NY 194,104194.1k $19.7m $19.7m 2.68% Added +4.5k +4,546
8 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 170,641170.6k $17.2m $17.2m 0.02% Reduced -142.5k -142,469
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 154,387154.4k $15.6m $15.6m 0.00% Added +14.2k +14,198
10 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 115,283115.3k $11.7m $11.7m 0.01% Reduced -958 -958
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 114,037114.0k $11.5m $11.5m 0.00% Added +87.1k +87,110
12 Savant Capital, LLC 0.05% of their portfolio ROCKFORD, IL 100,213100.2k $10.1m $10.1m 0.05% Reduced -6.1k -6,118
13 Beaird Harris Wealth Management, LLC 0.68% of their portfolio DALLAS, TX 98,90498.9k $10.0m $10.0m 0.68% Reduced -2.5k -2,550
14 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 95,62895.6k $9.7m $9.7m 0.01% Added +14.4k +14,395
15 Beacon Bank & Trust 1.95% of their portfolio Boston, MA 94,22894.2k $9.5m $9.5m 1.95% Added +3.7k +3,717
16 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 92,33892.3k $9.3m $9.3m 0.00% Added +21.9k +21,920
17 Stonebridge Capital Advisors LLC 0.64% of their portfolio ST PAUL, MN 90,00690.0k $9.1m $9.1m 0.64% Reduced -1.9k -1,909
18 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 85,53585.5k $8.7m $8.7m 0.01% Reduced -2.1k -2,105
19 Beacon Pointe Advisors, LLC 0.04% of their portfolio NEWPORT BEACH, CA 83,78783.8k $8.5m $8.5m 0.04% Reduced -1.6k -1,624
20 Capital Investment Services of America, Inc. 0.81% of their portfolio MILWAUKEE, WI 76,32076.3k $7.7m $7.7m 0.81% Reduced -100 -100
21 Hughes Financial Services, LLC 1.17% of their portfolio HERNDON, VA 75,61275.6k $7.6m $7.6m 1.17% Added +3.5k +3,465
22 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 75,55775.6k $7.6m $7.6m 0.00% Added +23.4k +23,424
23 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 75,36175.4k $7.6m $7.6m 0.00% Added +8.0k +8,007
24 Altiora Financial Group, LLC 1.24% of their portfolio LEBANON, OH 74,51474.5k $7.5m $7.5m 1.24% Added +30.4k +30,363
25 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 66,14366.1k $6.7m $6.7m 0.01% Reduced -31.7k -31,725
26 Apella Capital, LLC 0.10% of their portfolio WEST HARTFORD, CT 65,50465.5k $6.6m $6.6m 0.10% Added +15.0k +15,042
27 MAYPORT, LLC 1.17% of their portfolio NEWTON, MA 62,00662.0k $6.3m $6.3m 1.17% Added +20.7k +20,669
28 GenTrust, LLC 0.26% of their portfolio MIAMI, FL 60,56260.6k $6.1m $6.1m 0.26% Added +32.1k +32,099
29 Firestone Capital Management 1.23% of their portfolio SOUTH MIAMI, FL 58,63458.6k $5.9m $5.9m 1.23% Added +3.9k +3,942
30 Haverford Trust Co 0.05% of their portfolio Radnor, PA 55,17955.2k $5.6m $5.6m 0.05% Added +30.6k +30,629
31 S.A. Mason LLC 2.01% of their portfolio HOLLAND, MI 52,87052.9k $5.3m $5.3m 2.01% Added +26.3k +26,264
32 ECLECTIC ASSOCIATES INC /ADV 0.69% of their portfolio FULLERTON, CA 51,14751.1k $5.2m $5.2m 0.69% Added +2.2k +2,173
33 Topsail Wealth Management, LLC 0.76% of their portfolio CHARLOTTE, NC 51,10751.1k $5.2m $5.2m 0.76% Added +2 +2
34 RW Investment Management LLC 0.47% of their portfolio Eagle, ID 48,27748.3k $4.9m $4.9m 0.47% First filing
35 Ashton Thomas Private Wealth, LLC 0.11% of their portfolio SCOTTSDALE, AZ 47,49647.5k $4.8m $4.8m 0.11% Added +1.0k +1,047
36 First Affirmative Financial Network 1.84% of their portfolio COLORADO SPRINGS, CO 46,94546.9k $4.7m $4.7m 1.84% First filing
37 UBS Group AG 0.00% of their portfolio ZURICH, V8 45,33945.3k $4.6m $4.6m 0.00% Added +6.0k +5,967
38 IF Advisors, LLC 3.18% of their portfolio SAN ANTONIO, TX 44,50044.5k $4.5m $4.5m 3.18% Added +4.5k +4,500
39 Dakota Wealth Management 0.09% of their portfolio PALM BEACH GARDENS, FL 42,27942.3k $4.3m $4.3m 0.09% Reduced -1.8k -1,800
40 Sanchez Levi Garrett 2.55% of their portfolio BELLEVUE, WA 40,22740.2k $4.1m $4.1m 2.55% First filing
41 BlueChip Wealth Advisors LLC 1.78% of their portfolio Milton, GA 40,09140.1k $4.1m $4.1m 1.78% Added +9.7k +9,665
42 TCI Wealth Advisors, Inc. 0.21% of their portfolio Tucson, AZ 38,66738.7k $3.9m $3.9m 0.21% Reduced -982 -982
43 Clearstead Advisors, LLC 0.04% of their portfolio CLEVELAND, OH 37,87037.9k $3.8m $3.8m 0.04% Added +13.7k +13,690
44 Haven Private, LLC 1.65% of their portfolio ORLANDO, FL 37,45337.5k $3.8m $3.8m 1.65% Added +4.7k +4,729
45 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 36,92636.9k $3.7m $3.7m 0.02% Added +890 +890
46 Mariner, LLC 0.00% of their portfolio Overland Park, KS 36,49936.5k $3.7m $3.7m 0.00% Added +31.0k +31,013
47 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 36,37436.4k $3.7m $3.7m 0.00% Added +15.3k +15,292
48 Karpus Management, Inc. 0.11% of their portfolio Pittsford, NY 34,95035.0k $3.5m $3.5m 0.11% Reduced -227.8k -227,850
49 Bedel Financial Consulting, Inc. 0.40% of their portfolio INDIANAPOLIS, IN 34,80734.8k $3.5m $3.5m 0.40% Reduced -130.0k -129,972
50 Financial Engines Advisors L.L.C. 0.01% of their portfolio SANTA CLARA, CA 33,54433.5k $3.4m $3.4m 0.01% Added +200 +200
51 Sterling Financial Planning, Inc. 0.99% of their portfolio SPARTA, NJ 32,97633.0k $3.3m $3.3m 0.99% Added +1.2k +1,166
52 Farther Finance Advisors, LLC 0.03% of their portfolio SAN FRANCISCO, CA 31,27631.3k $3.2m $3.2m 0.03% Added +15.0k +14,980
53 GENESIS PRIVATE WEALTH, LLC 0.98% of their portfolio ASHBURN, VA 30,78930.8k $3.1m $3.1m 0.98% Reduced -21 -21
54 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 29,79429.8k $3.0m $3.0m 0.00% Added +23.9k +23,920
55 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 29,43029.4k $3.0m $3.0m 0.00% Reduced -48.2k -48,151
56 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 29,39229.4k $3.0m $3.0m 0.01% Added +14.4k +14,382
57 Aspire Private Capital, LLC 0.66% of their portfolio Cornelius, NC 29,02829.0k $2.9m $2.9m 0.66% Added +1.5k +1,466
58 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 27,55427.6k $2.8m $2.8m 0.00% Reduced -11.9k -11,887
59 Evanson Asset Management, LLC 0.15% of their portfolio CARMEL, CA 27,20927.2k $2.8m $2.8m 0.15% Added +1.7k +1,741
60 Atria Investments, Inc 0.03% of their portfolio Charlotte, NC 26,83926.8k $2.7m $2.7m 0.03% Added +4.9k +4,854
61 Ausdal Financial Partners, Inc. 0.12% of their portfolio Davenport, IA 26,14826.1k $2.6m $2.6m 0.12% New
62 BROWN WEALTH MANAGEMENT, LLC 0.64% of their portfolio NAPERVILLE, IL 24,82424.8k $2.5m $2.5m 0.64% Added +1.5k +1,514
63 SURIENCE PRIVATE WEALTH LLC 2.65% of their portfolio YAKIMA, WA 24,41524.4k $2.5m $2.5m 2.65% Added +21.1k +21,063
64 Passive Capital Management, LLC. 0.73% of their portfolio BALTIMORE, MD 24,22524.2k $2.5m $2.5m 0.73% Added +5.6k +5,586
65 Silver Oak Advisory Group, Inc. 1.04% of their portfolio PORTLAND, OR 23,86623.9k $2.4m $2.4m 1.04% Added +1.9k +1,924
66 Eaton-Cambridge Inc. 0.75% of their portfolio PHOENIX, AZ 23,65923.7k $2.4m $2.4m 0.75% Added +3.6k +3,555
67 DAYMARK WEALTH PARTNERS, LLC 0.07% of their portfolio CINCINNATI, OH 22,26822.3k $2.3m $2.3m 0.07% Added +3.0k +3,009
68 Pillar Financial Advisors, LLC 1.31% of their portfolio LOUISVILLE, KY 22,15222.2k $2.2m $2.2m 1.31% Added +12.5k +12,454
69 Frankly Finances, LLC 1.96% of their portfolio WINTER PARK, FL 21,40121.4k $2.2m $2.2m 1.96% Added +133 +133
70 HB Wealth Management, LLC 0.01% of their portfolio Atlanta, GA 21,37721.4k $2.2m $2.2m 0.01% Added +1.0k +1,036
71 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 20,96921.0k $2.1m $2.1m 0.00% Reduced -8.9k -8,912
72 JACOBSON & SCHMITT ADVISORS, LLC 0.37% of their portfolio MIDDLETON, WI 20,37520.4k $2.1m $2.1m 0.37% Reduced -392 -392
73 Avior Wealth Management, LLC 0.06% of their portfolio OMAHA, NE 20,37020.4k $2.1m $2.1m 0.06% Added +3.4k +3,435
74 Burton Enright Welch 0.28% of their portfolio WALNUT CREEK, CA 20,35720.4k $2.1m $2.1m 0.28% Reduced -5.6k -5,632
75 Diversified Portfolios, Inc. 0.16% of their portfolio Bloomfield Hills, MI 19,83019.8k $2.0m $2.0m 0.16% Reduced -74 -74
76 Focus Partners Advisor Solutions, LLC 0.02% of their portfolio SAINT LOUIS, MO 19,80619.8k $2.0m $2.0m 0.02% New
77 Integrity Investment Advisors, LLC 1.08% of their portfolio FORT COLLINS, CO 19,75919.8k $2.0m $2.0m 1.08% Added +6.0k +5,974
78 Allodium Investment Consultants, LLC 0.95% of their portfolio MINNEAPOLIS, MN 19,59219.6k $2.0m $2.0m 0.95% Added +556 +556
79 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 19,54919.5k $2.0m $2.0m 0.02% New
80 Choate Investment Advisors 0.04% of their portfolio BOSTON, MA 19,09119.1k $1.9m $1.9m 0.04% Added +1.3k +1,276
81 Laurel Wealth Advisors LLC 0.18% of their portfolio CHARLOTTE, NC 17,78817.8k $1.8m $1.8m 0.18% Added +3.3k +3,305
82 Whitegate Investment Counselors, Inc. 0.56% of their portfolio CONCORD, NH 17,38017.4k $1.8m $1.8m 0.56% Unchanged
83 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 17,13317.1k $1.7m $1.7m 0.00% Added +987 +987
84 WINNACLE WEALTH LLC 1.27% of their portfolio WACO, TX 16,24616.2k $1.6m $1.6m 1.27% New
85 Single Point Partners, LLC 0.31% of their portfolio BOSTON, MA 15,55715.6k $1.6m $1.6m 0.31% Added +1.0k +1,020
86 Arax Advisory Partners 0.04% of their portfolio NEW YORK, NY 15,54315.5k $1.6m $1.6m 0.04% Added +1.6k +1,618
87 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 14,72414.7k $1.5m $1.5m 0.00% New
88 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.08% of their portfolio Westlake, OH 14,50714.5k $1.5m $1.5m 0.08% Added +542 +542
89 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 13,96714.0k $1.4m $1.4m 0.01% Added +51 +51
90 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 13,94013.9k $1.4m $1.4m 0.01% Unchanged
91 CARDIFF PARK ADVISORS, LLC 0.11% of their portfolio SAN MARCOS, CA 13,82813.8k $1.4m $1.4m 0.11% Reduced -287 -287
92 GEN Financial Management, INC. 0.87% of their portfolio PLYMOUTH, MN 13,82113.8k $1.4m $1.4m 0.87% New
93 EAGLE ROCK INVESTMENT COMPANY, LLC 0.20% of their portfolio ATLANTA, GA 13,52913.5k $1.4m $1.4m 0.20% Added +6.9k +6,907
94 Waverly Advisors, LLC 0.01% of their portfolio BIRMINGHAM, AL 13,14313.1k $1.3m $1.3m 0.01% Added +3.6k +3,600
95 SwitchPoint Financial Planning, LLC 0.85% of their portfolio LEHI, UT 12,44812.4k $1.3m $1.3m 0.85% Added +598 +598
96 FLAGSHIP HARBOR ADVISORS, LLC 0.05% of their portfolio BOSTON, MA 12,02312.0k $1.2m $1.2m 0.05% Added +867 +867
97 Signal Advisors Wealth, LLC 0.08% of their portfolio DETROIT, MI 11,88811.9k $1.2m $1.2m 0.08% New
98 Tribridge Partners Financial LLC 0.48% of their portfolio COLUMBIA, MD 11,45011.4k $1.2m $1.2m 0.48% Added +1.3k +1,287
99 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 11,41611.4k $1.2m $1.2m 0.00% Added +3.9k +3,907
100 Per Stirling Capital Management, LLC. 0.12% of their portfolio AUSTIN, TX 11,10311.1k $1.1m $1.1m 0.12% Added +2.0k +1,995