Vault-13

VANGUARD BD INDEX FDS BSV

SHORT TRM BOND · ETP · CUSIP 921937827

1,146 institutional holders +6 vs Q1 2023
400,301,077400.3m shares reported held*
$30.2bnreported value*
72 new 423 added 492 reduced 80 sold out net sold ≈ $83.6m (-2.4m 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 ($27.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $75.55. Options: 1 managers hold calls ($725.5k notional), 2 hold puts ($219.2k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,137Q4 22: 1,169Q1 23: 1,140Q2 23: 1,1461,146Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 20221,137
Q4 20221,169
Q1 20231,140
Q2 20231,146

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 429 bought or addedQ4 22: 641 cut or sold outQ4 22Q1 23: 504 bought or addedQ1 23: 567 cut or sold outQ1 23Q2 23: 495 bought or addedQ2 23: 572 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022429641
Q1 2023504567
Q2 2023495572

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ3 22 calls: $845.0kQ3 22 puts: $1.1mQ3 22P/C 1.36Q4 22 calls: $323.7kQ4 22 puts: $0Q4 22P/C 0.00Q1 23 calls: $267.7kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $725.5kQ2 23 puts: $219.2kQ2 23P/C 0.30
Numbers
QuarterCallsPutsP/C
Q3 2022$845.0k$1.1m1.36
Q4 2022$323.7k$00.00
Q1 2023$267.7k$00.00
Q2 2023$725.5k$219.2k0.30

Biggest buyers

Allworth Financial LP Added +4,868,387+4.9m
MERCER GLOBAL ADVISORS INC /ADV Added +3,230,134+3.2m
JPMORGAN CHASE & CO Added +2,840,167+2.8m
NORTHERN TRUST CORP Added +2,133,522+2.1m
ENVESTNET ASSET MANAGEMENT INC Added +1,752,307+1.8m
VOYA INVESTMENT MANAGEMENT LLC Added +886,717+886.7k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Added +519,561+519.6k
Prime Capital Investment Advisors, LLC Added +446,938+446.9k
GOLDMAN SACHS GROUP INC Added +429,514+429.5k
Empower Advisory Group, LLC Added +428,486+428.5k

Biggest sellers

MORGAN STANLEY Reduced -6,696,518-6.7m
Beacon Capital Management, Inc. Reduced -3,442,876-3.4m
Summit Wealth Group, LLC Reduced -1,656,460-1.7m
OSAIC HOLDINGS, INC. Reduced -1,546,162-1.5m
BANK OF AMERICA CORP /DE/ Reduced -1,019,628-1.0m
AMERIPRISE FINANCIAL INC Reduced -901,580-901.6k
Hilton Capital Management, LLC Sold out -833,285-833.3k
D.A. DAVIDSON & CO. Reduced -585,287-585.3k
Ascent Group, LLC Reduced -549,288-549.3k
VICTORY CAPITAL MANAGEMENT INC Reduced -519,416-519.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $725.5k9.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $219.2k2.9k shares
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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ENVESTNET ASSET MANAGEMENT INC 2.28% of their portfolio Berwyn, PA 67,952,65068.0m $5.1bn $5.1bn 2.28% Added +1.8m +1,752,307
2 MORGAN STANLEY 0.23% of their portfolio NEW YORK, NY 30,631,22530.6m $2.3bn $2.3bn 0.23% Reduced -6.7m -6,696,518
3 Beacon Capital Management, Inc. 73.84% of their portfolio DAYTON, OH 28,043,77428.0m $2.1bn $2.1bn 73.84% Reduced -3.4m -3,442,876
4 JPMORGAN CHASE & CO 0.15% of their portfolio NEW YORK, NY 17,195,17917.2m $1.3bn $1.3bn 0.15% Added +2.8m +2,840,167
5 MERCER GLOBAL ADVISORS INC /ADV 4.99% of their portfolio DENVER, CO 16,630,00216.6m $1.3bn $1.3bn 4.99% Added +3.2m +3,230,134
6 Empower Advisory Group, LLC 4.81% of their portfolio Greenwood Village, CO 14,752,06114.8m $1.1bn $1.1bn 4.81% Added +428.5k +428,486
7 GOLDMAN SACHS GROUP INC 0.25% of their portfolio NEW YORK, NY 12,759,16512.8m $964.2m $964.2m 0.25% Added +429.5k +429,514
8 Allworth Financial LP 7.48% of their portfolio FOLSOM, CA 11,671,57711.7m $882.0m $882.0m 7.48% Added +4.9m +4,868,387
9 UNITED CAPITAL FINANCIAL ADVISORS, LLC 4.71% of their portfolio IRVING, TX 11,429,74711.4m $863.7m $863.7m 4.71% Added +519.6k +519,561
10 BANK OF AMERICA CORP /DE/ 0.10% of their portfolio CHARLOTTE, NC 11,117,22211.1m $840.1m $840.1m 0.10% Reduced -1.0m -1,019,628
11 WELLS FARGO & COMPANY/MN 0.24% of their portfolio SAN FRANCISCO, CA 11,077,51811.1m $837.1m $837.1m 0.24% Reduced -389.4k -389,386
12 OSAIC HOLDINGS, INC. 1.03% of their portfolio SCOTTSDALE, AZ 7,555,4987.6m $571.1m $571.1m 1.03% Reduced -1.5m -1,546,162
13 LPL Financial LLC 0.30% of their portfolio FORT MILL, SC 5,466,8095.5m $413.1m $413.1m 0.30% Added +116.2k +116,167
14 Truepoint, Inc. 13.11% of their portfolio CINCINNATI, OH 5,235,1555.2m $395.6m $395.6m 13.11% Added +129.9k +129,942
15 AVANTAX ADVISORY SERVICES, INC. 4.32% of their portfolio DALLAS, TX 4,996,4005.0m $377.6m $377.6m 4.32% Added +2.9k +2,885
16 NORTHERN TRUST CORP 0.07% of their portfolio CHICAGO, IL 4,779,0624.8m $361.2m $361.2m 0.07% Added +2.1m +2,133,522
17 TD AMERITRADE INVESTMENT MANAGEMENT, LLC 3.49% of their portfolio OMAHA, NE 4,344,8084.3m $328.3m $328.3m 3.49% Reduced -363.2k -363,181
18 MetLife Investment Management, LLC 2.30% of their portfolio Whippany, NJ 4,184,7004.2m $316.2m $316.2m 2.30% Reduced -115.1k -115,100
19 UBS Group AG 0.13% of their portfolio ZURICH, V8 4,082,1814.1m $308.5m $308.5m 0.13% Added +329.9k +329,876
20 ROYAL BANK OF CANADA 0.09% of their portfolio TORONTO, A6 4,076,8284.1m $308.1m $308.1m 0.09% Reduced -10.8k -10,764
21 Bank of New York Mellon Corp 0.05% of their portfolio NEW YORK, NY 3,261,5713.3m $246.5m $246.5m 0.05% Reduced -7.7k -7,686
22 True Link Financial Advisors, LLC 29.25% of their portfolio SAN FRANCISCO, CA 3,202,9893.2m $242.0m $242.0m 29.25% Added +179.4k +179,430
23 LINCOLN NATIONAL CORP 4.40% of their portfolio RADNOR, PA 2,946,2532.9m $222.6m $222.6m 4.40% Added +37.5k +37,509
24 Corient Private Wealth LP 0.49% of their portfolio MIAMI, FL 2,838,0692.8m $214.5m $214.5m 0.49% Added +177.2k +177,224
25 Cetera Investment Advisers 1.73% of their portfolio SCHAUMBURG, IL 2,715,5832.7m $205.2m $205.2m 1.73% Reduced -139.9k -139,931
26 COMMONWEALTH EQUITY SERVICES, LLC 0.38% of their portfolio WALTHAM, MA 2,474,1592.5m $187.0m $187.0m 0.38% Added +43.8k +43,794
27 CAPTRUST FINANCIAL ADVISORS 0.73% of their portfolio RALEIGH, NC 2,436,4652.4m $184.1m $184.1m 0.73% Reduced -152.6k -152,553
28 Cetera Advisor Networks LLC 1.10% of their portfolio EL SEGUNDO, CA 2,102,4522.1m $158.7m $158.7m 1.10% Added +36.4k +36,358
29 Atria Wealth Solutions, Inc. 1.88% of their portfolio NEW YORK, NY 1,819,3941.8m $137.5m $137.5m 1.88% Reduced -160.3k -160,258
30 Morningstar Investment Services LLC 1.65% of their portfolio CHICAGO, IL 1,696,9921.7m $128.3m $128.3m 1.65% Added +972 +972
31 VOYA INVESTMENT MANAGEMENT LLC 0.13% of their portfolio ATLANTA, GA 1,662,6011.7m $125.6m $125.6m 0.13% Added +886.7k +886,717
32 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,637,6361.6m $123.7m $123.7m 0.04% Reduced -901.6k -901,580
33 Cambridge Investment Research Advisors, Inc. 0.54% of their portfolio FAIRFIELD, IA 1,571,2141.6m $118.7m $118.7m 0.54% Added +26.6k +26,617
34 BUCKINGHAM STRATEGIC WEALTH, LLC 1.66% of their portfolio CLAYTON, MO 1,540,9691.5m $116.5m $116.5m 1.66% Added +203.0k +202,983
35 TRUIST FINANCIAL CORP 0.19% of their portfolio CHARLOTTE, NC 1,527,7351.5m $115.5m $115.5m 0.19% Reduced -54.2k -54,243
36 Smithfield Trust Co 6.69% of their portfolio PITTSBURGH, PA 1,465,5331.5m $110.7m $110.7m 6.69% Added +11.1k +11,065
37 Raymond James Financial Services Advisors, Inc. 0.18% of their portfolio ST. PETERSBURG, FL 1,326,6031.3m $100.3m $100.3m 0.18% Reduced -33.6k -33,579
38 Atria Investments, Inc 1.78% of their portfolio Charlotte, NC 1,305,2961.3m $98.6m $98.6m 1.78% Reduced -145.4k -145,398
39 RAYMOND JAMES & ASSOCIATES 0.08% of their portfolio ST PETERSBURG, FL 1,268,6231.3m $95.9m $95.9m 0.08% Reduced -35.9k -35,918
40 Carlson Capital Management 5.65% of their portfolio NORTHFIELD, MN 1,238,3821.2m $93.6m $93.6m 5.65% Added +178.2k +178,212
41 HighTower Advisors, LLC 0.18% of their portfolio CHICAGO, IL 1,208,8101.2m $91.3m $91.3m 0.18% Reduced -11.2k -11,217
42 JONES FINANCIAL COMPANIES LLLP 0.14% of their portfolio DES PERES, MO 1,188,6091.2m $89.8m $89.8m 0.14% Reduced -74.4k -74,412
43 Apella Capital, LLC 5.93% of their portfolio WEST HARTFORD, CT 1,102,5641.1m $83.3m $83.3m 5.93% First filing
44 Willow Creek Wealth Management Inc. 10.57% of their portfolio Sebastopol, CA 987,239987.2k $74.6m $74.6m 10.57% Added +36.4k +36,395
45 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.10% of their portfolio MILWAUKEE, WI 974,414974.4k $73.6m $73.6m 0.10% Reduced -30.3k -30,300
46 Diversified Portfolios, Inc. 13.94% of their portfolio Bloomfield Hills, MI 918,987919.0k $69.4m $69.4m 13.94% Added +149.3k +149,315
47 Valmark Advisers, Inc. 1.41% of their portfolio AKRON, OH 915,641915.6k $69.2m $69.2m 1.41% Added +16.2k +16,176
48 MML INVESTORS SERVICES, LLC 0.38% of their portfolio SPRINGFIELD, MA 903,506903.5k $68.3m $68.3m 0.38% Reduced -58.8k -58,806
49 Efficient Advisors, LLC 4.39% of their portfolio BEAVERTON, OR 888,392888.4k $67.1m $67.1m 4.39% Reduced -3.5k -3,479
50 DAVENPORT & Co LLC 0.49% of their portfolio RICHMOND, VA 869,677869.7k $65.7m $65.7m 0.49% Reduced -432.6k -432,568
51 RW Investment Management LLC 12.77% of their portfolio Eagle, ID 815,612815.6k $61.6m $61.6m 12.77% Added +140.4k +140,424
52 D.A. DAVIDSON & CO. 0.64% of their portfolio GREAT FALLS, MT 802,908802.9k $60.7m $60.7m 0.64% Reduced -585.3k -585,287
53 Janney Montgomery Scott LLC 0.21% of their portfolio PHILADELPHIA, PA 792,673792.7k $59.9m $59.9m 0.21% Added +58.3k +58,285
54 Freestone Capital Holdings, LLC 2.38% of their portfolio Seattle, WA 780,524780.5k $59.0m $59.0m 2.38% Added +17.7k +17,728
55 CreativeOne Wealth, LLC 1.47% of their portfolio OVERLAND PARK, KS 771,960772.0k $58.8m $58.8m 1.47% Added +319.8k +319,839
56 Integris Wealth Management, LLC 20.41% of their portfolio Monterey, CA 763,437763.4k $57.7m $57.7m 20.41% Added +21.8k +21,793
57 Focus Partners Advisor Solutions, LLC 3.20% of their portfolio SAINT LOUIS, MO 760,005760.0k $57.4m $57.4m 3.20% Added +168.9k +168,897
58 Levy Wealth Management Group, LLC 16.08% of their portfolio PHILADELPHIA, PA 718,388718.4k $54.3m $54.3m 16.08% Reduced -4.2k -4,245
59 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 697,698697.7k $52.7m $52.7m 0.04% Added +847 +847
60 PEAPACK GLADSTONE FINANCIAL CORP 0.88% of their portfolio BEDMINSTER, NJ 656,546656.5k $49.6m $49.6m 0.88% Added +78.4k +78,406
61 PrairieView Partners, LLC 6.48% of their portfolio ST. PAUL, MN 654,911654.9k $49.5m $49.5m 6.48% Added +20.8k +20,798
62 TD Capital Management LLC 5.88% of their portfolio MEMPHIS, TN 650,942650.9k $49.2m $49.2m 5.88% Added +6.8k +6,849
63 CITIGROUP INC 0.06% of their portfolio NEW YORK, NY 648,555648.6k $49.0m $49.0m 0.06% Reduced -122.3k -122,290
64 CBIZ Investment Advisory Services, LLC 4.10% of their portfolio INDEPENDENCE, OH 636,627636.6k $48.1m $48.1m 4.10% Added +8.1k +8,107
65 Jentner Corp 29.50% of their portfolio Akron, OH 625,770625.8k $47.3m $47.3m 29.50% Added +8.1k +8,104
66 Gemmer Asset Management LLC 6.42% of their portfolio WALNUT CREEK, CA 625,009625.0k $47.2m $47.2m 6.42% Reduced -6.6k -6,595
67 Verus Financial Partners, Inc. 5.77% of their portfolio RICHMOND, VA 605,303605.3k $45.7m $45.7m 5.77% Reduced -59.4k -59,433
68 Martel Wealth Advisors LLC 10.93% of their portfolio VANCOUVER, WA 596,740596.7k $45.1m $45.1m 10.93% Added +13.2k +13,174
69 RS CRUM INC. 16.22% of their portfolio Newport Beach, CA 594,151594.2k $44.9m $44.9m 16.22% Added +29.6k +29,593
70 TOBIAS FINANCIAL ADVISORS, INC. 12.02% of their portfolio Plantation, FL 590,303590.3k $44.6m $44.6m 12.02% Added +17.5k +17,494
71 Tranquilli Financial Advisor LLC 31.52% of their portfolio Clinton, NJ 589,193589.2k $44.5m $44.5m 31.52% Reduced -76.9k -76,948
72 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 565,079565.1k $42.7m $42.7m 0.06% Reduced -37.3k -37,288
73 Symmetry Partners, LLC 2.21% of their portfolio GLASTONBURY, CT 552,488552.5k $41.8m $41.8m 2.21% Reduced -2.3k -2,347
74 Kestra Advisory Services, LLC 0.41% of their portfolio AUSTIN, TX 536,123536.1k $40.5m $40.5m 0.41% Added +44.4k +44,418
75 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 533,761533.8k $40.3m $40.3m 0.05% Added +69.7k +69,695
76 BLAIR WILLIAM & CO/IL 0.14% of their portfolio CHICAGO, IL 521,613521.6k $39.4m $39.4m 0.14% Added +31.2k +31,215
77 US BANCORP \DE\ 0.06% of their portfolio MINNEAPOLIS, MN 520,402520.4k $39.3m $39.3m 0.06% Reduced -35.6k -35,609
78 Windward Private Wealth Management Inc. 17.09% of their portfolio OVERLAND PARK, KS 510,398510.4k $38.6m $38.6m 17.09% Reduced -21.7k -21,666
79 M&T Bank Corp 0.14% of their portfolio BUFFALO, NY 501,142501.1k $37.9m $37.9m 0.14% Added +268.8k +268,806
80 Berkshire Money Management, Inc. 5.30% of their portfolio DALTON, MA 485,030485.0k $36.7m $36.7m 5.30% Added +149.7k +149,749
81 Corrigan Financial, Inc. 11.27% of their portfolio MIDDLETOWN, RI 475,453475.5k $35.9m $35.9m 11.27% Reduced -882 -882
82 Ancora Advisors LLC 0.95% of their portfolio Cleveland, OH 474,056474.1k $35.8m $35.8m 0.95% Added +9.4k +9,403
83 Baird Financial Group, Inc. 0.09% of their portfolio MILWAUKEE, WI 473,884473.9k $35.8m $35.8m 0.09% Reduced -21.0k -20,958
84 Bogart Wealth, LLC 2.25% of their portfolio MCLEAN, VA 469,019469.0k $35.4m $35.4m 2.25% Added +13.7k +13,676
85 SOFI WEALTH, LLC 4.37% of their portfolio SAN FRANCISCO, CA 468,950468.9k $35.4m $35.4m 4.37% Added +17.3k +17,271
86 AE Wealth Management LLC 0.21% of their portfolio TOPEKA, KS 468,110468.1k $35.4m $35.4m 0.21% Added +25.8k +25,817
87 FIFTH THIRD BANCORP 0.15% of their portfolio CINCINNATI, OH 454,248454.2k $34.3m $34.3m 0.15% Added +33.3k +33,314
88 Annandale Capital, LLC 9.93% of their portfolio DALLAS, TX 453,075453.1k $34.2m $34.2m 9.93% Added +25.4k +25,414
89 Prime Capital Investment Advisors, LLC 0.67% of their portfolio OVERLAND PARK, KS 449,999450.0k $34.0m $34.0m 0.67% Added +446.9k +446,938
90 Charter Oak Capital Management, LLC 4.40% of their portfolio PORTSMOUTH, NH 446,902446.9k $33.8m $33.8m 4.40% Added +22.4k +22,425
91 Financial Planning & Information Services, Inc. 6.03% of their portfolio DE PERE, WI 432,376432.4k $32.7m $32.7m 6.03% Added +42.2k +42,183
92 Wiser Wealth Management, Inc 12.26% of their portfolio MARIETTA, GA 404,120404.1k $30.5m $30.5m 12.26% Added +5.0k +5,007
93 UNITED SERVICES AUTOMOBILE ASSOCIATION 0.87% of their portfolio SAN ANTONIO, TX 403,342403.3k $30.5m $30.5m 0.87% Unchanged
94 Orion Porfolio Solutions, LLC 0.32% of their portfolio OMAHA, NE 399,744399.7k $30.2m $30.2m 0.32% Added +2.1k +2,093
95 Orion Portfolio Solutions, LLC 0.32% of their portfolio Omaha, NE 399,744399.7k $30.2m $30.2m 0.32% Added +2.1k +2,093
96 Simplicity Solutions, LLC 0.78% of their portfolio MINNEAPOLIS, MN 376,957377.0k $28.5m $28.5m 0.78% Reduced -99.0k -99,037
97 Watchman Group, Inc. 14.09% of their portfolio PLANO, TX 376,066376.1k $28.4m $28.4m 14.09% Added +124.4k +124,443
98 TIAA, FSB 0.10% of their portfolio ST. LOUIS, MO 358,333358.3k $27.1m $27.1m 0.10% Reduced -184.9k -184,882
99 TD PRIVATE CLIENT WEALTH LLC 1.16% of their portfolio NEW YORK, NY 356,753356.8k $27.0m $27.0m 1.16% Reduced -10.4k -10,431
100 Bleakley Financial Group, LLC 0.84% of their portfolio PARSIPPANY, NJ 354,179354.2k $26.8m $26.8m 0.84% Reduced -86.4k -86,401