Vault-13

VANGUARD BD INDEX FDS BIV

INTERMED TERM · ETP · CUSIP 921937819

819 institutional holders -8 vs Q4 2023
153,788,110153.8m shares reported held*
$11.6bnreported value*
59 new 389 added 258 reduced 57 sold out net bought ≈ $403.0m (+5.3m 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 ($3.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $75.41. Options: 1 managers hold calls ($399.6k notional), 1 hold puts ($339.3k).

Trends to Q1 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 659Q4 22: 690Q1 23: 707Q2 23: 728Q3 23: 727Q4 23: 827Q1 24: 819819Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 2022659
Q4 2022690
Q1 2023707
Q2 2023728
Q3 2023727
Q4 2023827
Q1 2024819

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 281 bought or addedQ4 22: 325 cut or sold outQ4 22Q1 23: 351 bought or addedQ1 23: 296 cut or sold outQ1 23Q2 23: 376 bought or addedQ2 23: 277 cut or sold outQ2 23Q3 23: 377 bought or addedQ3 23: 318 cut or sold outQ3 23Q4 23: 395 bought or addedQ4 23: 337 cut or sold outQ4 23Q1 24: 448 bought or addedQ1 24: 315 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022281325
Q1 2023351296
Q2 2023376277
Q3 2023377318
Q4 2023395337
Q1 2024448315

Calls vs puts

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

CallsPuts
$0$100k$200k$300k$400kQ2 23 calls: $240.7kQ2 23 puts: $0Q2 23P/C 0.00Q3 23 calls: $202.5kQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $343.7kQ4 23 puts: $0Q4 23P/C 0.00Q1 24 calls: $399.6kQ1 24 puts: $339.3kQ1 24P/C 0.85
Numbers
QuarterCallsPutsP/C
Q2 2023$240.7k$00.00
Q3 2023$202.5k$00.00
Q4 2023$343.7k$00.00
Q1 2024$399.6k$339.3k0.85

Biggest buyers

MORGAN STANLEY Added +4,762,364+4.8m
True Link Financial Advisors, LLC Added +713,168+713.2k
EP Wealth Advisors, LLC Added +520,787+520.8k
Verus Financial Partners, Inc. Added +501,411+501.4k
Baird Financial Group, Inc. Added +497,262+497.3k
Cetera Investment Advisers Added +486,228+486.2k
ENVESTNET ASSET MANAGEMENT INC Added +397,945+397.9k
WELLS FARGO & COMPANY/MN Added +395,813+395.8k
BURNEY CO/ Added +311,404+311.4k
Williams Financial, LLC New +290,431+290.4k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -3,853,305-3.9m
BANK OF AMERICA CORP /DE/ Reduced -1,507,011-1.5m
OSAIC HOLDINGS, INC. Reduced -698,366-698.4k
Beacon Capital Management, Inc. Reduced -443,082-443.1k
FINANCIAL COUNSELORS INC Reduced -319,100-319.1k
Cetera Advisor Networks LLC Sold out -267,762-267.8k
Sand Hill Global Advisors, LLC Reduced -230,455-230.5k
FMR LLC Reduced -209,604-209.6k
LPL Financial LLC Reduced -205,240-205.2k
Cetera Advisors LLC Sold out -197,071-197.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $399.6k5.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $339.3k4.5k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 0.46% of their portfolio Berwyn, PA 16,493,46216.5m $1.2bn $1.2bn 0.46% Added +397.9k +397,945
2 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 15,075,67215.1m $1.1bn $1.1bn 0.03% Added +4.8m +4,762,364
3 GOLDMAN SACHS GROUP INC 0.13% of their portfolio NEW YORK, NY 8,192,9428.2m $617.7m $617.7m 0.13% Reduced -3.9m -3,853,305
4 WELLS FARGO & COMPANY/MN 0.16% of their portfolio SAN FRANCISCO, CA 8,052,2378.1m $607.1m $607.1m 0.16% Added +395.8k +395,813
5 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.49% of their portfolio MILWAUKEE, WI 6,268,1046.3m $472.6m $472.6m 0.49% Added +136.4k +136,394
6 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 5,565,6075.6m $419.6m $419.6m 0.04% Reduced -1.5m -1,507,011
7 LPL Financial LLC 0.15% of their portfolio FORT MILL, SC 3,733,0883.7m $281.5m $281.5m 0.15% Reduced -205.2k -205,240
8 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 2,878,6142.9m $216.7m $216.7m 0.06% Added +261.2k +261,203
9 Baird Financial Group, Inc. 0.44% of their portfolio MILWAUKEE, WI 2,778,7502.8m $209.5m $209.5m 0.44% Added +497.3k +497,262
10 True Link Financial Advisors, LLC 19.51% of their portfolio SAN FRANCISCO, CA 2,699,2902.7m $203.5m $203.5m 19.51% Added +713.2k +713,168
11 MATHER GROUP, LLC. 3.15% of their portfolio CHICAGO, IL 2,610,0512.6m $199.4m $199.4m 3.15% Reduced -16.6k -16,636
12 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.60% of their portfolio IRVING, TX 2,577,9272.6m $194.4m $194.4m 1.60% Added +5.3k +5,296
13 Envestnet Portfolio Solutions, Inc. 0.60% of their portfolio BERWYN, PA 2,128,4192.1m $160.5m $160.5m 0.60% Reduced -43.3k -43,272
14 FMR LLC 0.01% of their portfolio BOSTON, MA 1,982,0182.0m $149.4m $149.4m 0.01% Reduced -209.6k -209,604
15 LINCOLN NATIONAL CORP 2.20% of their portfolio RADNOR, PA 1,873,5211.9m $141.3m $141.3m 2.20% Added +94.5k +94,480
16 UBS Group AG 0.05% of their portfolio ZURICH, V8 1,828,3931.8m $137.9m $137.9m 0.05% Added +225.9k +225,857
17 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 1,755,5511.8m $132.4m $132.4m 0.03% Added +23.0k +22,994
18 EP Wealth Advisors, LLC 1.41% of their portfolio TORRANCE, CA 1,600,9591.6m $120.7m $120.7m 1.41% Added +520.8k +520,787
19 TIAA TRUST, NATIONAL ASSOCIATION 0.34% of their portfolio CHARLOTTE, NC 1,463,8961.5m $110.5m $110.5m 0.34% Added +250.2k +250,243
20 OSAIC HOLDINGS, INC. 0.25% of their portfolio SCOTTSDALE, AZ 1,455,4821.5m $109.7m $109.7m 0.25% Reduced -698.4k -698,366
21 Diana Davis Spencer Foundation 41.29% of their portfolio BETHESDA, MD 1,426,0001.4m $107.5m $107.5m 41.29% Unchanged
22 JONES FINANCIAL COMPANIES LLLP 0.12% of their portfolio DES PERES, MO 1,215,3071.2m $91.6m $91.6m 0.12% Added +21.0k +20,998
23 Mariner, LLC 0.19% of their portfolio Overland Park, KS 1,200,6251.2m $90.5m $90.5m 0.19% Added +50.7k +50,714
24 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 1,200,5171.2m $90.5m $90.5m 0.02% Added +42.9k +42,904
25 Efficient Advisors, LLC 5.75% of their portfolio BEAVERTON, OR 1,187,8921.2m $89.6m $89.6m 5.75% Added +24.3k +24,329
26 TRUIST FINANCIAL CORP 0.12% of their portfolio CHARLOTTE, NC 1,029,0471.0m $77.6m $77.6m 0.12% Added +74.4k +74,443
27 COMERICA BANK 0.33% of their portfolio DALLAS, TX 1,018,2031.0m $76.8m $76.8m 0.33% Added +108.2k +108,214
28 American Trust 6.26% of their portfolio LEXINGTON, KY 993,430993.4k $74.9m $74.9m 6.26% Added +67 +67
29 US BANCORP \DE\ 0.10% of their portfolio MINNEAPOLIS, MN 988,061988.1k $74.5m $74.5m 0.10% Reduced -11.9k -11,866
30 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.19% of their portfolio PLYMOUTH, MN 979,469979.5k $73.9m $73.9m 0.19% Added +48.7k +48,695
31 Cambridge Investment Research Advisors, Inc. 0.28% of their portfolio FAIRFIELD, IA 954,501954.5k $72.0m $72.0m 0.28% Added +4.6k +4,586
32 Cetera Investment Advisers 0.15% of their portfolio SCHAUMBURG, IL 839,802839.8k $63.3m $63.3m 0.15% Added +486.2k +486,228
33 BCM ADVISORS, LLC 14.05% of their portfolio LAFAYETTE, LA 756,060756.1k $55.5m $55.5m 14.05% Added +6.5k +6,461
34 COMMONWEALTH EQUITY SERVICES, LLC 0.09% of their portfolio WALTHAM, MA 745,232745.2k $56.2m $56.2m 0.09% Added +46.7k +46,746
35 Brio Consultants, LLC 8.61% of their portfolio SAN FRANCISCO, CA 677,073677.1k $51.1m $51.1m 8.61% Added +59.1k +59,091
36 Raymond James Financial Services Advisors, Inc. 0.08% of their portfolio ST. PETERSBURG, FL 674,511674.5k $50.9m $50.9m 0.08% Added +118.1k +118,062
37 Amplius Wealth Advisors, LLC 5.37% of their portfolio BLUE BELL, PA 635,777635.8k $47.9m $47.9m 5.37% Reduced -34.1k -34,057
38 Reliant Wealth Planning 22.05% of their portfolio LOUISVILLE, KY 611,439611.4k $46.1m $46.1m 22.05% Added +75.3k +75,343
39 PEAPACK GLADSTONE FINANCIAL CORP 0.69% of their portfolio BEDMINSTER, NJ 587,880587.9k $44.3m $44.3m 0.69% Added +103.3k +103,305
40 BURNEY CO/ 1.52% of their portfolio RESTON, VA 528,816528.8k $39.9m $39.9m 1.52% Added +311.4k +311,404
41 MML INVESTORS SERVICES, LLC 0.16% of their portfolio SPRINGFIELD, MA 526,659526.7k $39.7m $39.7m 0.16% Added +5.9k +5,919
42 Verus Financial Partners, Inc. 4.54% of their portfolio RICHMOND, VA 514,119514.1k $38.8m $38.8m 4.54% Added +501.4k +501,411
43 Badgley Phelps Wealth Managers, LLC 0.95% of their portfolio SEATTLE, WA 504,688504.7k $38.1m $38.1m 0.95% Added +11.9k +11,923
44 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 1.48% of their portfolio RICHMOND, VA 502,774502.8k $35.0m $35.0m 1.48% Added +34.2k +34,230
45 Cranbrook Wealth Management, LLC 9.58% of their portfolio Bloomfield Hills, MI 502,528502.5k $37.9m $37.9m 9.58% Added +45.9k +45,925
46 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 497,152497.2k $37.5m $37.5m 0.00% Reduced -21.2k -21,244
47 Beacon Capital Management, Inc. 1.55% of their portfolio DAYTON, OH 495,879495.9k $37.0m $37.0m 1.55% Reduced -443.1k -443,082
48 Cerity Partners LLC 0.10% of their portfolio NEW YORK, NY 486,605486.6k $36.3m $36.3m 0.10% Added +83.1k +83,112
49 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 478,175478.2k $36.1m $36.1m 0.01% Added +39.4k +39,355
50 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 477,282477.3k $36.0m $36.0m 0.02% Added +77.9k +77,917
51 Franklin, Parlapiano, Turner & Welch, LLC 9.62% of their portfolio HOUSTON, TX 464,063464.1k $35.0m $35.0m 9.62% Added +1.5k +1,462
52 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 424,576424.6k $32.0m $32.0m 0.04% Reduced -18.2k -18,172
53 PNC Financial Services Group, Inc. 0.02% of their portfolio Pittsburgh, PA 424,402424.4k $32.0m $32.0m 0.02% Added +35.5k +35,457
54 AVANTAX ADVISORY SERVICES, INC. 0.28% of their portfolio DALLAS, TX 422,609422.6k $31.9m $31.9m 0.28% Added +5.4k +5,440
55 Janney Montgomery Scott LLC 0.09% of their portfolio PHILADELPHIA, PA 416,782416.8k $31.4m $31.4m 0.09% Added +7.9k +7,932
56 FINANCIAL COUNSELORS INC 0.53% of their portfolio Overland Park, KS 415,466415.5k $31.3m $31.3m 0.53% Reduced -319.1k -319,100
57 Francis Financial, Inc. 10.08% of their portfolio NEW YORK, NY 413,116413.1k $31.1m $31.1m 10.08% Added +48.7k +48,689
58 CAROLINAS WEALTH CONSULTING LLC 6.09% of their portfolio CHARLOTTE, NC 409,929409.9k $30.9m $30.9m 6.09% Added +14.6k +14,640
59 Farther Finance Advisors, LLC 1.84% of their portfolio SAN FRANCISCO, CA 404,881404.9k $30.2m $30.2m 1.84% Added +140.8k +140,778
60 Willow Creek Wealth Management Inc. 3.50% of their portfolio Sebastopol, CA 397,320397.3k $30.0m $30.0m 3.50% Added +40.8k +40,830
61 Cannon Financial Strategists, Inc. 5.82% of their portfolio ATHENS, GA 392,407392.4k $29.6m $29.6m 5.82% Added +7.9k +7,903
62 Modera Wealth Management, LLC 0.44% of their portfolio WESTWOOD, NJ 384,922384.9k $29.0m $29.0m 0.44% Added +15.8k +15,845
63 Discipline Wealth Solutions, LLC 26.14% of their portfolio GREENVILLE, SC 378,032378.0k $28.2m $28.2m 26.14% Added +99.5k +99,511
64 Austin Private Wealth, LLC 3.19% of their portfolio Austin, TX 371,932371.9k $27.8m $27.8m 3.19% Reduced -27.3k -27,298
65 Prime Capital Investment Advisors, LLC 0.39% of their portfolio OVERLAND PARK, KS 365,864365.9k $27.6m $27.6m 0.39% Reduced -23.1k -23,055
66 Burt Wealth Advisors 6.99% of their portfolio North Bethesda, MD 365,676365.7k $27.6m $27.6m 6.99% Added +40.0k +39,953
67 Keudell/Morrison Wealth Management 8.34% of their portfolio Salem, OR 365,325365.3k $27.5m $27.5m 8.34% Reduced -84.1k -84,063
68 BANK OF STOCKTON 8.21% of their portfolio STOCKTON, CA 352,803352.8k $26.6m $26.6m 8.21% Reduced -2.2k -2,211
69 OLIO Financial Planning 11.33% of their portfolio MCLEAN, VA 351,857351.9k $26.9m $26.9m 11.33% Reduced -238 -238
70 FIRST NATIONAL BANK & TRUST CO OF NEWTOWN 5.21% of their portfolio NEWTOWN, PA 340,563340.6k $25.7m $25.7m 5.21% Added +2.9k +2,913
71 SMI Advisory Services, LLC 6.98% of their portfolio COLUMBUS, IN 333,213333.2k $24.9m $24.9m 6.98% Added +24.6k +24,553
72 Gordian Advisors LLC 22.77% of their portfolio TUCSON, AZ 328,065328.1k $24.7m $24.7m 22.77% Added +19.1k +19,136
73 Thrivent Financial for Lutherans 0.05% of their portfolio Minneapolis, MN 327,438327.4k $24.7m $24.7m 0.05% Added +10.8k +10,824
74 PINKERTON WEALTH, LLC 3.93% of their portfolio COEUR D ALENE, ID 323,830323.8k $24.4m $24.4m 3.93% Added +28.4k +28,410
75 Geneos Wealth Management Inc. 1.12% of their portfolio ENGLEWOOD, CO 323,028323.0k $24.4m $24.4m 1.12% Added +9.6k +9,622
76 Scott Capital Advisors, LLC 7.16% of their portfolio PORTLAND, OR 315,475315.5k $23.5m $23.5m 7.16% Added +34.5k +34,457
77 Moisand Fitzgerald Tamayo, LLC 3.61% of their portfolio ORLANDO, FL 313,154313.2k $23.6m $23.6m 3.61% Added +155.8k +155,823
78 Roundview Capital LLC 1.89% of their portfolio PRINCETON, NJ 307,410307.4k $23.2m $23.2m 1.89% Added +25.4k +25,423
79 Atria Wealth Solutions, Inc. 0.26% of their portfolio NEW YORK, NY 304,147304.1k $22.9m $22.9m 0.26% Reduced -38.4k -38,377
80 Cooper Financial Group 3.76% of their portfolio IRVINE, CA 303,615303.6k $22.9m $22.9m 3.76% Added +45.7k +45,733
81 Ballentine Capital Advisors, Inc 12.28% of their portfolio GREENVILLE, SC 299,493299.5k $22.4m $22.4m 12.28% Added +73.2k +73,215
82 Williams Financial, LLC 14.58% of their portfolio NORTH BENNINGTON, VT 290,431290.4k $21.9m $21.9m 14.58% New
83 CAPITAL INSIGHT PARTNERS, LLC 4.09% of their portfolio SCOTTSDALE, AZ 290,085290.1k $21.9m $21.9m 4.09% Added +10.5k +10,482
84 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 287,574287.6k $21.7m $21.7m 0.04% Reduced -9.0k -8,952
85 Strategic Advocates LLC 8.28% of their portfolio SACRAMENTO, CA 285,136285.1k $21.5m $21.5m 8.28% Added +154.9k +154,895
86 Rosenberg Matthew Hamilton 6.13% of their portfolio GRAND JUNCTION, CO 284,452284.5k $21.2m $21.2m 6.13% Added +13.3k +13,256
87 Sage Financial Management Group, Inc. 10.13% of their portfolio MCLEAN, VA 283,682283.7k $21.4m $21.4m 10.13% Added +36.3k +36,294
88 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 278,059278.1k $21.0m $21.0m 0.00% Added +101.7k +101,694
89 Windward Private Wealth Management Inc. 8.50% of their portfolio OVERLAND PARK, KS 275,939275.9k $20.8m $20.8m 8.50% Added +15.6k +15,597
90 Greystone Financial Group, LLC 4.02% of their portfolio BLOOMFIELD HILLS, MI 267,254267.3k $20.2m $20.2m 4.02% New
91 TOWNSQUARE CAPITAL LLC 0.29% of their portfolio Lehi, UT 265,949265.9k $20.1m $20.1m 0.29% Added +249.1k +249,120
92 Diversified Portfolios, Inc. 2.73% of their portfolio Bloomfield Hills, MI 257,233257.2k $19.4m $19.4m 2.73% Added +8.0k +7,993
93 Revisor Wealth Management LLC 8.53% of their portfolio AKRON, OH 248,625248.6k $18.9m $18.9m 8.53% Added +140.7k +140,698
94 Schiavi & Co LLC 7.28% of their portfolio WILMINGTON, DE 244,834244.8k $18.5m $18.5m 7.28% Added +19.2k +19,184
95 FPC INVESTMENT ADVISORY, INC. 17.37% of their portfolio PETALUMA, CA 240,025240.0k $17.6m $17.6m 17.37% First filing
96 Private Advisor Group, LLC 0.13% of their portfolio MORRISTOWN, NJ 239,059239.1k $18.0m $18.0m 0.13% Added +33.3k +33,330
97 PFG Investments, LLC 1.09% of their portfolio WOODBURY, NY 238,426238.4k $18.0m $18.0m 1.09% Added +235.1k +235,134
98 Consolidated Portfolio Review Corp 4.62% of their portfolio WOODBURY, NY 233,534233.5k $17.6m $17.6m 4.62% Reduced -3.4k -3,412
99 BROWN WEALTH MANAGEMENT, LLC 7.10% of their portfolio NAPERVILLE, IL 227,767227.8k $17.2m $17.2m 7.10% New
100 JACOBSON & SCHMITT ADVISORS, LLC 4.01% of their portfolio MIDDLETON, WI 224,706224.7k $16.9m $16.9m 4.01% Added +21.6k +21,604