Vault-13

VANGUARD BD INDEX FDS BSV

SHORT TRM BOND · ETP · CUSIP 921937827

1,160 institutional holders -52 vs Q4 2023
405,171,461405.2m shares reported held*
$31.1bnreported value*
53 new 478 added 481 reduced 98 sold out net bought ≈ $1.2bn (+15.8m 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 ($5.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $76.68. Options: 1 managers hold calls ($621.0k notional), 1 hold puts ($0).

Trends to Q1 2024

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: 1,212Q1 24: 1,1601,160Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 20221,137
Q4 20221,169
Q1 20231,140
Q2 20231,146
Q3 20231,135
Q4 20231,212
Q1 20241,160

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 23Q1 24: 531 bought or addedQ1 24: 579 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022429641
Q1 2023504567
Q2 2023495572
Q3 2023458619
Q4 2023483601
Q1 2024531579

Calls vs puts

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

CallsPuts
$0$200k$400k$600k$800kQ2 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 0.00Q1 24 calls: $621.0kQ1 24 puts: $0Q1 24P/C 0.00
Numbers
QuarterCallsPutsP/C
Q2 2023$725.5k$219.2k0.30
Q3 2023$315.7k$00.00
Q4 2023$708.6k$00.00
Q1 2024$621.0k$00.00

Biggest buyers

MORGAN STANLEY Added +25,957,764+26.0m
MERCER GLOBAL ADVISORS INC /ADV Added +2,917,230+2.9m
ENVESTNET ASSET MANAGEMENT INC Added +1,916,184+1.9m
NORTHERN TRUST CORP Added +1,677,188+1.7m
Cetera Investment Advisers Added +689,907+689.9k
Empower Advisory Group, LLC Added +552,503+552.5k
Penserra Capital Management LLC Added +499,551+499.6k
Allworth Financial LP Added +448,368+448.4k
Campbell Wealth Management Added +441,369+441.4k
SMI Advisory Services, LLC Added +314,309+314.3k

Biggest sellers

GOLDMAN SACHS GROUP INC Reduced -8,471,615-8.5m
JPMORGAN CHASE & CO Reduced -3,613,756-3.6m
Morningstar Investment Services LLC Reduced -2,010,700-2.0m
OSAIC HOLDINGS, INC. Reduced -1,479,280-1.5m
BANK OF AMERICA CORP /DE/ Reduced -746,261-746.3k
EXCHANGE TRADED CONCEPTS, LLC Sold out -725,323-725.3k
Cetera Advisor Networks LLC Sold out -708,038-708.0k
Estate Counselors, LLC Reduced -689,495-689.5k
Verus Financial Partners, Inc. Reduced -488,779-488.8k
Focus Partners Advisor Solutions, LLC Reduced -451,437-451.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $621.0k8.1k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.17% of their portfolio NEW YORK, NY 83,849,22683.8m $6.4bn $6.4bn 0.17% Added +26.0m +25,957,764
2 ENVESTNET ASSET MANAGEMENT INC 1.39% of their portfolio Berwyn, PA 48,390,76648.4m $3.7bn $3.7bn 1.39% Added +1.9m +1,916,184
3 JPMORGAN CHASE & CO 0.09% of their portfolio NEW YORK, NY 26,389,37226.4m $2.0bn $2.0bn 0.09% Reduced -3.6m -3,613,756
4 MERCER GLOBAL ADVISORS INC /ADV 5.15% of their portfolio DENVER, CO 23,643,97323.6m $1.8bn $1.8bn 5.15% Added +2.9m +2,917,230
5 GOLDMAN SACHS GROUP INC 0.31% of their portfolio NEW YORK, NY 19,225,00319.2m $1.5bn $1.5bn 0.31% Reduced -8.5m -8,471,615
6 Empower Advisory Group, LLC 3.95% of their portfolio Greenwood Village, CO 13,748,16013.7m $1.1bn $1.1bn 3.95% Added +552.5k +552,503
7 Allworth Financial LP 6.24% of their portfolio FOLSOM, CA 11,524,56811.5m $883.6m $883.6m 6.24% Added +448.4k +448,368
8 NORTHERN TRUST CORP 0.14% of their portfolio CHICAGO, IL 10,471,47510.5m $802.8m $802.8m 0.14% Added +1.7m +1,677,188
9 BANK OF AMERICA CORP /DE/ 0.06% of their portfolio CHARLOTTE, NC 7,438,6397.4m $570.3m $570.3m 0.06% Reduced -746.3k -746,261
10 WELLS FARGO & COMPANY/MN 0.12% of their portfolio SAN FRANCISCO, CA 6,054,8966.1m $464.2m $464.2m 0.12% Reduced -416.3k -416,313
11 LPL Financial LLC 0.24% of their portfolio FORT MILL, SC 5,900,0595.9m $452.4m $452.4m 0.24% Added +268.8k +268,773
12 Truepoint, Inc. 12.48% of their portfolio CINCINNATI, OH 5,726,7025.7m $439.1m $439.1m 12.48% Added +186.0k +185,999
13 UNITED CAPITAL FINANCIAL ADVISORS, LLC 3.34% of their portfolio IRVING, TX 5,285,2055.3m $405.2m $405.2m 3.34% Reduced -97.3k -97,264
14 AVANTAX ADVISORY SERVICES, INC. 3.57% of their portfolio DALLAS, TX 5,241,4945.2m $401.9m $401.9m 3.57% Added +69.3k +69,346
15 Envestnet Portfolio Solutions, Inc. 1.25% of their portfolio BERWYN, PA 4,351,4344.4m $333.6m $333.6m 1.25% Added +184.4k +184,372
16 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 3,865,7803.9m $296.4m $296.4m 0.07% Reduced -46.6k -46,644
17 Corient Private Wealth LP 0.50% of their portfolio MIAMI, FL 3,682,1553.7m $282.3m $282.3m 0.50% Added +307.9k +307,878
18 LINCOLN NATIONAL CORP 3.87% of their portfolio RADNOR, PA 3,237,6593.2m $248.2m $248.2m 3.87% Added +184.7k +184,717
19 UBS Group AG 0.07% of their portfolio ZURICH, V8 2,842,7822.8m $218.0m $218.0m 0.07% Added +100.1k +100,077
20 CAPTRUST FINANCIAL ADVISORS 0.77% of their portfolio RALEIGH, NC 2,758,4602.8m $210.0m $210.0m 0.77% Added +269.0k +269,033
21 True Link Financial Advisors, LLC 20.13% of their portfolio SAN FRANCISCO, CA 2,737,7652.7m $209.9m $209.9m 20.13% Reduced -98.1k -98,072
22 COMMONWEALTH EQUITY SERVICES, LLC 0.33% of their portfolio WALTHAM, MA 2,578,6242.6m $197.7m $197.7m 0.33% Added +51.2k +51,226
23 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 2,493,2262.5m $191.2m $191.2m 0.04% Added +171.5k +171,502
24 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 2,406,8592.4m $184.5m $184.5m 0.04% Reduced -371.3k -371,306
25 MetLife Investment Management, LLC 1.22% of their portfolio Whippany, NJ 2,368,0002.4m $181.6m $181.6m 1.22% Reduced -123.7k -123,700
26 Carlson Capital Management 6.49% of their portfolio NORTHFIELD, MN 1,792,9051.8m $137.5m $137.5m 6.49% Added +190.0k +190,045
27 Morningstar Investment Services LLC 1.49% of their portfolio CHICAGO, IL 1,761,8261.8m $135.3m $135.3m 1.49% Reduced -2.0m -2,010,700
28 Apella Capital, LLC 6.34% of their portfolio WEST HARTFORD, CT 1,645,5651.6m $125.6m $125.6m 6.34% Added +254.5k +254,520
29 Cetera Investment Advisers 0.27% of their portfolio SCHAUMBURG, IL 1,506,7031.5m $115.5m $115.5m 0.27% Added +689.9k +689,907
30 Cambridge Investment Research Advisors, Inc. 0.44% of their portfolio FAIRFIELD, IA 1,491,1581.5m $114.3m $114.3m 0.44% Reduced -3.5k -3,498
31 BUCKINGHAM STRATEGIC WEALTH, LLC 1.19% of their portfolio CLAYTON, MO 1,472,7241.5m $112.9m $112.9m 1.19% Reduced -3.8k -3,805
32 Smithfield Trust Co 5.81% of their portfolio PITTSBURGH, PA 1,429,1331.4m $109.6m $109.6m 5.81% Added +32.3k +32,344
33 Raymond James Financial Services Advisors, Inc. 0.16% of their portfolio ST. PETERSBURG, FL 1,403,9711.4m $107.6m $107.6m 0.16% Reduced -68.6k -68,619
34 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,373,0391.4m $105.0m $105.0m 0.03% Reduced -32.2k -32,193
35 TRUIST FINANCIAL CORP 0.15% of their portfolio CHARLOTTE, NC 1,256,3091.3m $96.3m $96.3m 0.15% Reduced -63.8k -63,822
36 RAYMOND JAMES & ASSOCIATES 0.06% of their portfolio ST PETERSBURG, FL 1,222,5061.2m $93.7m $93.7m 0.06% Reduced -16.0k -16,046
37 Willow Creek Wealth Management Inc. 9.69% of their portfolio Sebastopol, CA 1,080,4021.1m $82.8m $82.8m 9.69% Added +52.0k +51,951
38 OSAIC HOLDINGS, INC. 0.18% of their portfolio SCOTTSDALE, AZ 1,067,4381.1m $81.9m $81.9m 0.18% Reduced -1.5m -1,479,280
39 JONES FINANCIAL COMPANIES LLLP 0.11% of their portfolio DES PERES, MO 1,043,1291.0m $80.0m $80.0m 0.11% Reduced -28.1k -28,097
40 RW Investment Management LLC 11.06% of their portfolio Eagle, ID 1,036,1851.0m $79.4m $79.4m 11.06% Added +51.2k +51,155
41 Valmark Advisers, Inc. 1.34% of their portfolio AKRON, OH 1,000,9341.0m $76.7m $76.7m 1.34% Added +38.7k +38,732
42 Diversified Portfolios, Inc. 10.79% of their portfolio Bloomfield Hills, MI 1,000,2021.0m $76.7m $76.7m 10.79% Added +63.3k +63,340
43 DAVENPORT & Co LLC 0.46% of their portfolio RICHMOND, VA 956,366956.4k $73.3m $73.3m 0.46% Added +55.1k +55,112
44 Prime Capital Investment Advisors, LLC 0.92% of their portfolio OVERLAND PARK, KS 863,309863.3k $66.2m $66.2m 0.92% Reduced -38.7k -38,738
45 Janney Montgomery Scott LLC 0.19% of their portfolio PHILADELPHIA, PA 844,992845.0k $64.8m $64.8m 0.19% Added +14.5k +14,463
46 US BANCORP \DE\ 0.09% of their portfolio MINNEAPOLIS, MN 843,110843.1k $64.6m $64.6m 0.09% Reduced -27.7k -27,720
47 Efficient Advisors, LLC 4.12% of their portfolio BEAVERTON, OR 838,659838.7k $64.3m $64.3m 4.12% Added +27.8k +27,788
48 MML INVESTORS SERVICES, LLC 0.26% of their portfolio SPRINGFIELD, MA 814,485814.5k $62.4m $62.4m 0.26% Added +1.7k +1,748
49 D.A. DAVIDSON & CO. 0.55% of their portfolio GREAT FALLS, MT 798,334798.3k $61.2m $61.2m 0.55% Reduced -6.5k -6,535
50 Freestone Capital Holdings, LLC 2.28% of their portfolio Seattle, WA 798,292798.3k $61.2m $61.2m 2.28% Added +4.0k +4,034
51 PEAPACK GLADSTONE FINANCIAL CORP 0.95% of their portfolio BEDMINSTER, NJ 794,265794.3k $60.9m $60.9m 0.95% Added +32.3k +32,306
52 Integris Wealth Management, LLC 16.35% of their portfolio Monterey, CA 771,254771.3k $59.1m $59.1m 16.35% Added +36.1k +36,111
53 RS CRUM INC. 15.83% of their portfolio Newport Beach, CA 757,210757.2k $58.1m $58.1m 15.83% Added +11.3k +11,333
54 Levy Wealth Management Group, LLC 15.49% of their portfolio PHILADELPHIA, PA 716,959717.0k $55.2m $55.2m 15.49% Unchanged
55 PrairieView Partners, LLC 6.28% of their portfolio ST. PAUL, MN 714,403714.4k $54.8m $54.8m 6.28% Added +37.9k +37,890
56 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 709,047709.0k $54.4m $54.4m 0.06% Reduced -9.7k -9,744
57 Atria Wealth Solutions, Inc. 0.59% of their portfolio NEW YORK, NY 683,796683.8k $52.4m $52.4m 0.59% Added +38.8k +38,780
58 Windward Private Wealth Management Inc. 21.31% of their portfolio OVERLAND PARK, KS 679,994680.0k $52.1m $52.1m 21.31% Added +38.1k +38,074
59 TD Capital Management LLC 5.54% of their portfolio MEMPHIS, TN 677,439677.4k $51.9m $51.9m 5.54% Added +33.4k +33,439
60 Martel Wealth Advisors LLC 11.07% of their portfolio VANCOUVER, WA 665,727665.7k $51.0m $51.0m 11.07% Added +27.6k +27,581
61 Jentner Corp 17.48% of their portfolio Akron, OH 648,867648.9k $49.7m $49.7m 17.48% Added +4.4k +4,417
62 COMERICA BANK 0.21% of their portfolio DALLAS, TX 645,911645.9k $49.5m $49.5m 0.21% Reduced -88.8k -88,833
63 Gemmer Asset Management LLC 5.74% of their portfolio WALNUT CREEK, CA 644,970645.0k $49.4m $49.4m 5.74% Added +44.0k +43,986
64 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 626,487626.5k $48.0m $48.0m 0.05% Added +33.9k +33,914
65 Brookstone Capital Management 0.82% of their portfolio WHEATON, IL 599,832599.8k $46.0m $46.0m 0.82% Added +11.5k +11,519
66 PNC Financial Services Group, Inc. 0.03% of their portfolio Pittsburgh, PA 590,596590.6k $45.3m $45.3m 0.03% Reduced -18.3k -18,311
67 National Philanthropic Trust 0.95% of their portfolio Jenkintown, PA 569,217569.2k $43.6m $43.6m 0.95% Reduced -33.2k -33,214
68 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 566,793566.8k $43.5m $43.5m 0.05% Added +25.7k +25,659
69 ALPS ADVISORS INC 0.30% of their portfolio Denver, CO 555,799555.8k $42.6m $42.6m 0.30% Added +2.2k +2,170
70 SOFI WEALTH, LLC 3.87% of their portfolio SAN FRANCISCO, CA 542,332542.3k $41.6m $41.6m 3.87% Added +44.5k +44,542
71 HighTower Advisors, LLC 0.07% of their portfolio CHICAGO, IL 528,735528.7k $40.6m $40.6m 0.07% Reduced -104.3k -104,289
72 Charter Oak Capital Management, LLC 4.25% of their portfolio PORTSMOUTH, NH 517,704517.7k $39.7m $39.7m 4.25% Added +74.2k +74,208
73 Berkshire Money Management, Inc. 4.73% of their portfolio DALTON, MA 511,153511.2k $39.2m $39.2m 4.73% Added +59.1k +59,057
74 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 500,555500.6k $38.4m $38.4m 0.04% Added +22.0k +22,030
75 Penserra Capital Management LLC 0.48% of their portfolio ORINDA, CA 499,647499.6k $38.3m $38.3m 0.48% Added +499.6k +499,551
76 Annandale Capital, LLC 8.56% of their portfolio DALLAS, TX 493,687493.7k $37.9m $37.9m 8.56% Added +21.4k +21,402
77 Ancora Advisors LLC 0.86% of their portfolio Cleveland, OH 490,328490.3k $37.6m $37.6m 0.86% Reduced -4.1k -4,056
78 Arbor Investment Advisors, LLC 5.49% of their portfolio WINSTON SALEM, NC 489,051489.1k $37.5m $37.5m 5.49% Added +37.6k +37,586
79 Corrigan Financial, Inc. 9.57% of their portfolio MIDDLETOWN, RI 488,972489.0k $37.5m $37.5m 9.57% Added +15.2k +15,227
80 Campbell Wealth Management 3.45% of their portfolio ALEXANDRIA, VA 453,309453.3k $34.8m $34.8m 3.45% Added +441.4k +441,369
81 Betterment LLC 0.09% of their portfolio NEW YORK, NY 439,130439.1k $33.7m $33.7m 0.09% Added +125.3k +125,251
82 Cerity Partners LLC 0.09% of their portfolio NEW YORK, NY 422,973423.0k $32.3m $32.3m 0.09% Reduced -333.4k -333,450
83 UNITED SERVICES AUTOMOBILE ASSOCIATION 0.77% of their portfolio SAN ANTONIO, TX 408,067408.1k $31.3m $31.3m 0.77% Added +6.9k +6,937
84 BLAIR WILLIAM & CO/IL 0.10% of their portfolio CHICAGO, IL 404,151404.2k $31.0m $31.0m 0.10% Added +38.2k +38,152
85 Financial Planning & Information Services, Inc. 4.28% of their portfolio DE PERE, WI 371,756371.8k $28.5m $28.5m 4.28% Added +712 +712
86 Partners in Financial Planning 6.28% of their portfolio SALEM, VA 367,883367.9k $28.2m $28.2m 6.28% Added +24.6k +24,599
87 CreativeOne Wealth, LLC 1.12% of their portfolio OVERLAND PARK, KS 365,280365.3k $28.0m $28.0m 1.12% Added +35.6k +35,625
88 Watchman Group, Inc. 8.21% of their portfolio PLANO, TX 354,156354.2k $27.2m $27.2m 8.21% Added +3.2k +3,196
89 OLD NATIONAL BANCORP /IN/ 0.62% of their portfolio EVANSVILLE, IN 343,402343.4k $26.3m $26.3m 0.62% Added +78.8k +78,758
90 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 335,522335.5k $25.7m $25.7m 0.05% Added +3.1k +3,142
91 Cornerstone Investment Partners, LLC 1.23% of their portfolio ATLANTA, GA 328,802328.8k $25.2m $25.2m 1.23% Added +19.4k +19,442
92 Human Investing LLC 5.05% of their portfolio LAKE OSWEGO, OR 327,696327.7k $25.1m $25.1m 5.05% Added +13.2k +13,215
93 Farther Finance Advisors, LLC 1.52% of their portfolio SAN FRANCISCO, CA 327,139327.1k $25.0m $25.0m 1.52% Reduced -161.9k -161,938
94 Traveka Wealth, LLC 11.58% of their portfolio LOS ALTOS, CA 326,702326.7k $25.0m $25.0m 11.58% Added +44.1k +44,099
95 TIAA TRUST, NATIONAL ASSOCIATION 0.08% of their portfolio CHARLOTTE, NC 323,826323.8k $24.8m $24.8m 0.08% Reduced -18.1k -18,076
96 Blue Trust, Inc. 0.35% of their portfolio BRENTWOOD, TN 323,267323.3k $24.8m $24.8m 0.35% Added +30.0k +29,999
97 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio Toronto, A6 321,626321.6k $24.7m $24.7m 0.02% Reduced -3.2k -3,164
98 Nuveen Asset Management, LLC 0.01% of their portfolio CHICAGO, IL 320,431320.4k $24.6m $24.6m 0.01% Reduced -83 -83
99 SMI Advisory Services, LLC 6.82% of their portfolio COLUMBUS, IN 318,411318.4k $24.3m $24.3m 6.82% Added +314.3k +314,309
100 CWM, LLC 0.12% of their portfolio OMAHA, NE 314,895314.9k $24.1m $24.1m 0.12% Added +7.0k +6,986