Vault-13

VANGUARD BD INDEX FDS BSV

SHORT TRM BOND · ETP · CUSIP 921937827

1,212 institutional holders +77 vs Q3 2023
390,430,165390.4m shares reported held*
$30.1bnreported value*
80 new 403 added 520 reduced 81 sold out net bought ≈ $2.7bn (+35.1m 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 ($8.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $76.99. Options: 1 managers hold calls ($708.6k notional), 1 hold puts ($0).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,137Q4 22: 1,169Q1 23: 1,140Q2 23: 1,146Q3 23: 1,135Q4 23: 1,2121,212Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20221,137
Q4 20221,169
Q1 20231,140
Q2 20231,146
Q3 20231,135
Q4 20231,212

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 23Q3 23: 458 bought or addedQ3 23: 619 cut or sold outQ3 23Q4 23: 483 bought or addedQ4 23: 601 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022429641
Q1 2023504567
Q2 2023495572
Q3 2023458619
Q4 2023483601

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ1 23 calls: $267.7kQ1 23 puts: $0Q1 23P/C 0.00Q2 23 calls: $725.5kQ2 23 puts: $219.2kQ2 23P/C 0.30Q3 23 calls: $315.7kQ3 23 puts: $0Q3 23P/C 0.00Q4 23 calls: $708.6kQ4 23 puts: $0Q4 23P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2023$267.7k$00.00
Q2 2023$725.5k$219.2k0.30
Q3 2023$315.7k$00.00
Q4 2023$708.6k$00.00

Biggest buyers

MORGAN STANLEY Added +28,086,875+28.1m
GOLDMAN SACHS GROUP INC Added +13,478,049+13.5m
JPMORGAN CHASE & CO Added +12,924,601+12.9m
NORTHERN TRUST CORP Added +3,230,919+3.2m
MERCER GLOBAL ADVISORS INC /ADV Added +1,925,090+1.9m
Morningstar Investment Services LLC Added +1,864,442+1.9m
EXCHANGE TRADED CONCEPTS, LLC Added +629,333+629.3k
Prime Capital Investment Advisors, LLC Added +620,172+620.2k
Cerity Partners LLC Added +567,874+567.9k
Estate Counselors, LLC Added +522,150+522.1k

Biggest sellers

Beacon Capital Management, Inc. Reduced -6,496,840-6.5m
ENVESTNET ASSET MANAGEMENT INC Reduced -5,160,683-5.2m
UNITED CAPITAL FINANCIAL ADVISORS, LLC Reduced -4,476,585-4.5m
OSAIC HOLDINGS, INC. Reduced -2,505,430-2.5m
Empower Advisory Group, LLC Reduced -2,258,797-2.3m
BANK OF AMERICA CORP /DE/ Reduced -1,752,897-1.8m
UBS Group AG Reduced -1,115,999-1.1m
WELLS FARGO & COMPANY/MN Reduced -754,208-754.2k
VOYA INVESTMENT MANAGEMENT LLC Reduced -702,607-702.6k
TOBIAS FINANCIAL ADVISORS, INC. Reduced -646,232-646.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $708.6k9.2k 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.

Holders, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.20% of their portfolio NEW YORK, NY 57,891,46257.9m $4.5bn $4.5bn 0.20% Added +28.1m +28,086,875
2 ENVESTNET ASSET MANAGEMENT INC 1.48% of their portfolio Berwyn, PA 46,474,58246.5m $3.6bn $3.6bn 1.48% Reduced -5.2m -5,160,683
3 JPMORGAN CHASE & CO 0.12% of their portfolio NEW YORK, NY 30,003,12830.0m $2.3bn $2.3bn 0.12% Added +12.9m +12,924,601
4 GOLDMAN SACHS GROUP INC 0.47% of their portfolio NEW YORK, NY 27,696,61827.7m $2.1bn $2.1bn 0.47% Added +13.5m +13,478,049
5 MERCER GLOBAL ADVISORS INC /ADV 4.80% of their portfolio DENVER, CO 20,726,74320.7m $1.6bn $1.6bn 4.80% Added +1.9m +1,925,090
6 Empower Advisory Group, LLC 4.00% of their portfolio Greenwood Village, CO 13,195,65713.2m $1.0bn $1.0bn 4.00% Reduced -2.3m -2,258,797
7 Allworth Financial LP 6.52% of their portfolio FOLSOM, CA 11,076,20011.1m $853.1m $853.1m 6.52% Added +296.2k +296,182
8 NORTHERN TRUST CORP 0.12% of their portfolio CHICAGO, IL 8,794,2878.8m $677.3m $677.3m 0.12% Added +3.2m +3,230,919
9 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 8,184,9008.2m $630.4m $630.4m 0.07% Reduced -1.8m -1,752,897
10 WELLS FARGO & COMPANY/MN 0.14% of their portfolio SAN FRANCISCO, CA 6,471,2096.5m $498.4m $498.4m 0.14% Reduced -754.2k -754,208
11 LPL Financial LLC 0.26% of their portfolio FORT MILL, SC 5,631,2865.6m $433.7m $433.7m 0.26% Added +159.5k +159,457
12 Truepoint, Inc. 12.50% of their portfolio CINCINNATI, OH 5,540,7035.5m $426.7m $426.7m 12.50% Added +120.9k +120,897
13 UNITED CAPITAL FINANCIAL ADVISORS, LLC 3.44% of their portfolio IRVING, TX 5,382,4695.4m $414.6m $414.6m 3.44% Reduced -4.5m -4,476,585
14 AVANTAX ADVISORY SERVICES, INC. 3.95% of their portfolio DALLAS, TX 5,172,1485.2m $398.4m $398.4m 3.95% Reduced -98.3k -98,321
15 Envestnet Portfolio Solutions, Inc. 1.33% of their portfolio BERWYN, PA 4,167,0624.2m $320.9m $320.9m 1.33% Reduced -366.5k -366,465
16 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 3,912,4243.9m $301.3m $301.3m 0.07% Reduced -133.0k -133,042
17 Morningstar Investment Services LLC 1.64% of their portfolio CHICAGO, IL 3,772,5263.8m $290.4m $290.4m 1.64% Added +1.9m +1,864,442
18 Corient Private Wealth LP 0.48% of their portfolio MIAMI, FL 3,374,2773.4m $259.9m $259.9m 0.48% Added +331.4k +331,382
19 LINCOLN NATIONAL CORP 4.13% of their portfolio RADNOR, PA 3,052,9423.1m $235.1m $235.1m 4.13% Added +22.7k +22,669
20 True Link Financial Advisors, LLC 23.64% of their portfolio SAN FRANCISCO, CA 2,835,8372.8m $218.4m $218.4m 23.64% Added +174.8k +174,785
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 2,778,1652.8m $214.0m $214.0m 0.05% Reduced -265.0k -265,029
22 UBS Group AG 0.08% of their portfolio ZURICH, V8 2,742,7052.7m $211.2m $211.2m 0.08% Reduced -1.1m -1,115,999
23 OSAIC HOLDINGS, INC. 0.34% of their portfolio SCOTTSDALE, AZ 2,546,7182.5m $196.2m $196.2m 0.34% Reduced -2.5m -2,505,430
24 COMMONWEALTH EQUITY SERVICES, LLC 0.36% of their portfolio WALTHAM, MA 2,527,3982.5m $194.7m $194.7m 0.36% Reduced -10.7k -10,714
25 MetLife Investment Management, LLC 1.38% of their portfolio Whippany, NJ 2,491,7002.5m $191.9m $191.9m 1.38% Reduced -33.3k -33,300
26 CAPTRUST FINANCIAL ADVISORS 0.66% of their portfolio RALEIGH, NC 2,489,4272.5m $191.7m $191.7m 0.66% Added +18.9k +18,897
27 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 2,321,7242.3m $178.8m $178.8m 0.04% Reduced -18.1k -18,129
28 Carlson Capital Management 6.34% of their portfolio NORTHFIELD, MN 1,602,8601.6m $123.5m $123.5m 6.34% Added +171.0k +170,981
29 Cambridge Investment Research Advisors, Inc. 0.49% of their portfolio FAIRFIELD, IA 1,494,6561.5m $115.1m $115.1m 0.49% Reduced -27.5k -27,460
30 BUCKINGHAM STRATEGIC WEALTH, LLC 1.35% of their portfolio CLAYTON, MO 1,476,5291.5m $113.7m $113.7m 1.35% Reduced -85.9k -85,926
31 Raymond James Financial Services Advisors, Inc. 0.18% of their portfolio ST. PETERSBURG, FL 1,472,5901.5m $113.4m $113.4m 0.18% Added +95.7k +95,684
32 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,405,2321.4m $107.9m $107.9m 0.03% Added +35.4k +35,445
33 Smithfield Trust Co 6.04% of their portfolio PITTSBURGH, PA 1,396,7891.4m $107.6m $107.6m 6.04% Reduced -46.6k -46,615
34 Apella Capital, LLC 5.95% of their portfolio WEST HARTFORD, CT 1,391,0451.4m $106.8m $106.8m 5.95% Added +233.7k +233,681
35 TRUIST FINANCIAL CORP 0.16% of their portfolio CHARLOTTE, NC 1,320,1311.3m $101.7m $101.7m 0.16% Reduced -30.7k -30,740
36 RAYMOND JAMES & ASSOCIATES 0.07% of their portfolio ST PETERSBURG, FL 1,238,5521.2m $95.4m $95.4m 0.07% Reduced -31.4k -31,434
37 JONES FINANCIAL COMPANIES LLLP 0.12% of their portfolio DES PERES, MO 1,071,2261.1m $82.5m $82.5m 0.12% Reduced -41.5k -41,522
38 Willow Creek Wealth Management Inc. 9.93% of their portfolio Sebastopol, CA 1,028,4511.0m $79.2m $79.2m 9.93% Added +5.6k +5,644
39 RW Investment Management LLC 11.57% of their portfolio Eagle, ID 985,030985.0k $75.9m $75.9m 11.57% Added +61.9k +61,949
40 Valmark Advisers, Inc. 1.39% of their portfolio AKRON, OH 962,202962.2k $74.1m $74.1m 1.39% Added +13.6k +13,613
41 Diversified Portfolios, Inc. 11.35% of their portfolio Bloomfield Hills, MI 936,862936.9k $72.2m $72.2m 11.35% Added +30.2k +30,204
42 Prime Capital Investment Advisors, LLC 1.05% of their portfolio OVERLAND PARK, KS 902,047902.0k $69.5m $69.5m 1.05% Added +620.2k +620,172
43 DAVENPORT & Co LLC 0.48% of their portfolio RICHMOND, VA 901,254901.3k $69.4m $69.4m 0.48% Added +4.0k +3,995
44 US BANCORP \DE\ 0.10% of their portfolio MINNEAPOLIS, MN 870,830870.8k $67.1m $67.1m 0.10% Reduced -66.2k -66,235
45 Janney Montgomery Scott LLC 0.21% of their portfolio PHILADELPHIA, PA 830,529830.5k $64.0m $64.0m 0.21% Added +30.0k +30,025
46 Cetera Investment Advisers 0.51% of their portfolio SCHAUMBURG, IL 816,796816.8k $62.9m $62.9m 0.51% Reduced -569.6k -569,632
47 MML INVESTORS SERVICES, LLC 0.29% of their portfolio SPRINGFIELD, MA 812,737812.7k $62.6m $62.6m 0.29% Added +57.6k +57,590
48 Efficient Advisors, LLC 4.22% of their portfolio BEAVERTON, OR 810,871810.9k $62.5m $62.5m 4.22% Reduced -62.0k -61,950
49 D.A. DAVIDSON & CO. 0.61% of their portfolio GREAT FALLS, MT 804,869804.9k $62.0m $62.0m 0.61% Added +846 +846
50 Freestone Capital Holdings, LLC 2.75% of their portfolio Seattle, WA 794,258794.3k $61.2m $61.2m 2.75% Reduced -11.3k -11,319
51 PEAPACK GLADSTONE FINANCIAL CORP 0.99% of their portfolio BEDMINSTER, NJ 761,959762.0k $58.7m $58.7m 0.99% Added +77.3k +77,312
52 Cerity Partners LLC 0.08% of their portfolio NEW YORK, NY 756,423756.4k $24.0m $24.0m 0.08% Added +567.9k +567,874
53 RS CRUM INC. 17.73% of their portfolio Newport Beach, CA 745,877745.9k $57.4m $57.4m 17.73% Added +153.0k +152,999
54 Integris Wealth Management, LLC 16.76% of their portfolio Monterey, CA 735,143735.1k $56.6m $56.6m 16.76% Added +6.5k +6,509
55 COMERICA BANK 0.26% of their portfolio DALLAS, TX 734,744734.7k $56.6m $56.6m 0.26% Added +44.9k +44,874
56 Estate Counselors, LLC 6.97% of their portfolio Thiensville, WI 732,895732.9k $56.4m $56.4m 6.97% Added +522.1k +522,150
57 EXCHANGE TRADED CONCEPTS, LLC 1.49% of their portfolio Oklahoma City, OK 725,323725.3k $55.9m $55.9m 1.49% Added +629.3k +629,333
58 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 718,791718.8k $55.4m $55.4m 0.06% Reduced -16.9k -16,854
59 Levy Wealth Management Group, LLC 15.49% of their portfolio PHILADELPHIA, PA 716,959717.0k $55.2m $55.2m 15.49% Added +5.1k +5,100
60 Cetera Advisor Networks LLC 0.30% of their portfolio EL SEGUNDO, CA 708,038708.0k $54.5m $54.5m 0.30% Reduced -605.6k -605,602
61 PrairieView Partners, LLC 6.43% of their portfolio ST. PAUL, MN 676,513676.5k $52.1m $52.1m 6.43% Added +10.5k +10,467
62 Atria Wealth Solutions, Inc. 0.62% of their portfolio NEW YORK, NY 645,016645.0k $49.7m $49.7m 0.62% Reduced -417.7k -417,696
63 Jentner Corp 19.18% of their portfolio Akron, OH 644,450644.5k $49.6m $49.6m 19.18% Added +9.8k +9,812
64 TD Capital Management LLC 5.66% of their portfolio MEMPHIS, TN 644,000644.0k $49.6m $49.6m 5.66% Reduced -35.4k -35,378
65 Windward Private Wealth Management Inc. 20.73% of their portfolio OVERLAND PARK, KS 641,920641.9k $49.4m $49.4m 20.73% Added +124.8k +124,822
66 Martel Wealth Advisors LLC 11.16% of their portfolio VANCOUVER, WA 638,146638.1k $49.2m $49.2m 11.16% Added +11.8k +11,813
67 HighTower Advisors, LLC 0.08% of their portfolio CHICAGO, IL 633,024633.0k $48.8m $48.8m 0.08% Reduced -81.8k -81,807
68 PNC Financial Services Group, Inc. 0.04% of their portfolio Pittsburgh, PA 608,907608.9k $46.9m $46.9m 0.04% Reduced -2.4k -2,416
69 National Philanthropic Trust 1.23% of their portfolio Jenkintown, PA 602,431602.4k $46.4m $46.4m 1.23% First filing
70 Gemmer Asset Management LLC 5.68% of their portfolio WALNUT CREEK, CA 600,984601.0k $46.3m $46.3m 5.68% Reduced -49.6k -49,626
71 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 592,573592.6k $45.6m $45.6m 0.06% Added +31.0k +30,991
72 Brookstone Capital Management 0.88% of their portfolio WHEATON, IL 588,313588.3k $45.3m $45.3m 0.88% Added +3.8k +3,822
73 Focus Partners Advisor Solutions, LLC 2.16% of their portfolio SAINT LOUIS, MO 584,198584.2k $45.0m $45.0m 2.16% Reduced -146.9k -146,946
74 Symmetry Partners, LLC 2.40% of their portfolio GLASTONBURY, CT 576,436576.4k $44.4m $44.4m 2.40% Added +22.2k +22,198
75 AE Wealth Management LLC 0.22% of their portfolio TOPEKA, KS 556,857556.9k $42.8m $42.8m 0.22% Added +100.6k +100,647
76 ALPS ADVISORS INC 0.34% of their portfolio Denver, CO 553,629553.6k $42.6m $42.6m 0.34% Reduced -4.9k -4,885
77 Creative Planning 0.08% of their portfolio OVERLAND PARK, KS 541,134541.1k $41.7m $41.7m 0.08% Added +8.5k +8,518
78 Financial Gravity Asset Management, Inc. 0.35% of their portfolio Lakeway, TX 502,930502.9k $31.8m $31.8m 0.35% Added +40.9k +40,900
79 SOFI WEALTH, LLC 4.11% of their portfolio SAN FRANCISCO, CA 497,790497.8k $38.3m $38.3m 4.11% Added +19.2k +19,243
80 Ancora Advisors LLC 0.90% of their portfolio Cleveland, OH 494,384494.4k $38.1m $38.1m 0.90% Added +26.4k +26,392
81 Verus Financial Partners, Inc. 4.69% of their portfolio RICHMOND, VA 493,362493.4k $38.0m $38.0m 4.69% Reduced -53.6k -53,648
82 Farther Finance Advisors, LLC 2.71% of their portfolio SAN FRANCISCO, CA 489,077489.1k $37.7m $37.7m 2.71% Added +436.9k +436,943
83 CITIGROUP INC 0.05% of their portfolio NEW YORK, NY 478,525478.5k $36.9m $36.9m 0.05% Reduced -66.9k -66,889
84 Corrigan Financial, Inc. 11.05% of their portfolio MIDDLETOWN, RI 473,745473.7k $36.5m $36.5m 11.05% Added +4.1k +4,081
85 Annandale Capital, LLC 8.48% of their portfolio DALLAS, TX 472,285472.3k $36.4m $36.4m 8.48% Added +8.2k +8,168
86 Berkshire Money Management, Inc. 4.63% of their portfolio DALTON, MA 452,096452.1k $34.8m $34.8m 4.63% Reduced -26.0k -26,024
87 Cullen/Frost Bankers, Inc. 0.55% of their portfolio San Antonio, TX 451,835451.8k $34.8m $34.8m 0.55% Added +229.6k +229,550
88 Arbor Investment Advisors, LLC 5.44% of their portfolio WINSTON SALEM, NC 451,465451.5k $34.8m $34.8m 5.44% Added +21.1k +21,068
89 CBIZ Investment Advisory Services, LLC 2.64% of their portfolio INDEPENDENCE, OH 450,295450.3k $34.7m $34.7m 2.64% Added +7.2k +7,174
90 Charter Oak Capital Management, LLC 4.06% of their portfolio PORTSMOUTH, NH 443,496443.5k $34.2m $34.2m 4.06% Reduced -11.8k -11,753
91 Bridgeworth, LLC 3.32% of their portfolio BIRMINGHAM, AL 435,030435.0k $33.5m $33.5m 3.32% Added +18.7k +18,688
92 Wiser Wealth Management, Inc 12.11% of their portfolio MARIETTA, GA 432,799432.8k $33.2m $33.2m 12.11% Added +17.8k +17,753
93 Quotient Wealth Partners, LLC 1.27% of their portfolio DALLAS, TX 424,180424.2k $32.7m $32.7m 1.27% First filing
94 UNITED SERVICES AUTOMOBILE ASSOCIATION 0.68% of their portfolio SAN ANTONIO, TX 401,130401.1k $30.9m $30.9m 0.68% Reduced -2.2k -2,212
95 Financial Planning & Information Services, Inc. 4.51% of their portfolio DE PERE, WI 371,044371.0k $28.6m $28.6m 4.51% Reduced -25.5k -25,461
96 BLAIR WILLIAM & CO/IL 0.10% of their portfolio CHICAGO, IL 365,999366.0k $28.2m $28.2m 0.10% Reduced -14.5k -14,508
97 Watchman Group, Inc. 8.91% of their portfolio PLANO, TX 350,960351.0k $27.0m $27.0m 8.91% Reduced -12.5k -12,488
98 Partners in Financial Planning 6.21% of their portfolio SALEM, VA 343,284343.3k $26.4m $26.4m 6.21% Added +18.5k +18,475
99 TIAA TRUST, NATIONAL ASSOCIATION 0.09% of their portfolio CHARLOTTE, NC 341,902341.9k $26.3m $26.3m 0.09% Added +3.2k +3,159
100 Baird Financial Group, Inc. 0.06% of their portfolio MILWAUKEE, WI 332,380332.4k $25.6m $25.6m 0.06% Reduced -94.1k -94,097