Vault-13

VANGUARD BD INDEX FDS BSV

SHORT TRM BOND · ETP · CUSIP 921937827

1,356 institutional holders +12 vs Q1 2026
449,808,396449.8m shares reported held*
$35.0bnreported value*
92 new 645 added 409 reduced 78 sold out net bought ≈ $669.4m (+8.6m 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 ($86.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $77.91.

Trends to Q2 2026

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: 1,160Q2 24: 1,136Q3 24: 1,147Q4 24: 1,253Q1 25: 1,219Q2 25: 1,233Q3 25: 1,218Q4 25: 1,322Q1 26: 1,344Q2 26: 1,3561,356Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 20221,137
Q4 20221,169
Q1 20231,140
Q2 20231,146
Q3 20231,135
Q4 20231,212
Q1 20241,160
Q2 20241,136
Q3 20241,147
Q4 20241,253
Q1 20251,219
Q2 20251,233
Q3 20251,218
Q4 20251,322
Q1 20261,344
Q2 20261,356

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 24: 539 bought or addedQ3 24: 521 cut or sold outQ4 24: 591 bought or addedQ4 24: 475 cut or sold outQ4 24Q1 25: 593 bought or addedQ1 25: 548 cut or sold outQ2 25: 568 bought or addedQ2 25: 563 cut or sold outQ2 25Q3 25: 620 bought or addedQ3 25: 493 cut or sold outQ4 25: 682 bought or addedQ4 25: 447 cut or sold outQ4 25Q1 26: 715 bought or addedQ1 26: 509 cut or sold outQ2 26: 737 bought or addedQ2 26: 487 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024539521
Q4 2024591475
Q1 2025593548
Q2 2025568563
Q3 2025620493
Q4 2025682447
Q1 2026715509
Q2 2026737487

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $811.7kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$811.7k$00.00
Q1 2026$0$0—
Q2 2026$0$0—

Biggest buyers

Creative Planning Added +6,454,168+6.5m
MERCER GLOBAL ADVISORS INC /ADV Added +5,220,847+5.2m
Empower Advisory Group, LLC Added +1,758,147+1.8m
Cambridge Investment Research Advisors, Inc. Added +1,499,974+1.5m
Fund Evaluation Group, LLC Added +1,179,946+1.2m
ASSETMARK, INC Added +1,039,692+1.0m
ENVESTNET ASSET MANAGEMENT INC Added +801,126+801.1k
CAPTRUST FINANCIAL ADVISORS Added +780,198+780.2k
GOLDMAN SACHS GROUP INC Added +742,881+742.9k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +709,389+709.4k

Biggest sellers

JPMORGAN CHASE & CO Reduced -16,358,124-16.4m
Allworth Financial LP Reduced -2,192,350-2.2m
NORTHERN TRUST CORP Reduced -1,640,751-1.6m
MORGAN STANLEY Reduced -756,738-756.7k
Wealthquest Corp Reduced -419,724-419.7k
FIFTH THIRD BANCORP Reduced -385,954-386.0k
BANK OF AMERICA CORP /DE/ Reduced -375,229-375.2k
Steward Partners Investment Advisory, LLC Reduced -243,851-243.9k
EverSource Wealth Advisors, LLC Reduced -195,126-195.1k
Prime Capital Investment Advisors, LLC Reduced -173,787-173.8k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MERCER GLOBAL ADVISORS INC /ADV 4.88% of their portfolio DENVER, CO 50,651,29350.7m $3.9bn $3.9bn 4.88% Added +5.2m +5,220,847
2 Creative Planning 2.00% of their portfolio OVERLAND PARK, KS 43,838,95943.8m $3.4bn $3.4bn 2.00% Added +6.5m +6,454,168
3 ENVESTNET ASSET MANAGEMENT INC 0.59% of their portfolio Berwyn, PA 32,321,58832.3m $2.5bn $2.5bn 0.59% Added +801.1k +801,126
4 Empower Advisory Group, LLC 4.52% of their portfolio Greenwood Village, CO 24,303,61724.3m $1.9bn $1.9bn 4.52% Added +1.8m +1,758,147
5 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 23,641,30823.6m $1.8bn $1.8bn 0.10% Reduced -756.7k -756,738
6 GOLDMAN SACHS GROUP INC 0.17% of their portfolio NEW YORK, NY 20,453,68520.5m $1.6bn $1.6bn 0.17% Added +742.9k +742,881
7 JPMORGAN CHASE & CO 0.08% of their portfolio NEW YORK, NY 16,863,84116.9m $1.3bn $1.3bn 0.08% Reduced -16.4m -16,358,124
8 Allworth Financial LP 5.08% of their portfolio FOLSOM, CA 15,333,29115.3m $1.2bn $1.2bn 5.08% Reduced -2.2m -2,192,350
9 BANK OF AMERICA CORP /DE/ 0.06% of their portfolio CHARLOTTE, NC 12,269,10412.3m $955.9m $955.9m 0.06% Reduced -375.2k -375,229
10 NORTHERN TRUST CORP 0.09% of their portfolio CHICAGO, IL 9,933,5879.9m $773.9m $773.9m 0.09% Reduced -1.6m -1,640,751
11 Truepoint, Inc. 12.07% of their portfolio CINCINNATI, OH 7,420,2477.4m $578.1m $578.1m 12.07% Added +202.3k +202,260
12 LPL Financial LLC 0.13% of their portfolio FORT MILL, SC 7,261,2547.3m $565.7m $565.7m 0.13% Added +139.2k +139,204
13 CAPTRUST FINANCIAL ADVISORS 0.86% of their portfolio RALEIGH, NC 7,215,4107.2m $562.2m $562.2m 0.86% Added +780.2k +780,198
14 WELLS FARGO & COMPANY/MN 0.09% of their portfolio SAN FRANCISCO, CA 6,757,6116.8m $526.5m $526.5m 0.09% Added +649.6k +649,643
15 RAYMOND JAMES FINANCIAL INC 0.09% of their portfolio ST. PETERSBURG, FL 4,131,5594.1m $321.9m $321.9m 0.09% Added +230.1k +230,086
16 LINCOLN NATIONAL CORP 7.93% of their portfolio RADNOR, PA 3,979,1624.0m $310.0m $310.0m 7.93% Added +75.1k +75,129
17 UBS Group AG 0.05% of their portfolio ZURICH, V8 3,963,4084.0m $308.8m $308.8m 0.05% Added +83.2k +83,213
18 Corient Private Wealth LP 0.43% of their portfolio MIAMI, FL 3,956,8844.0m $308.3m $308.3m 0.43% Added +341.6k +341,575
19 Sequoia Financial Advisors, LLC 1.41% of their portfolio Akron, OH 3,631,1593.6m $282.9m $282.9m 1.41% Added +252.7k +252,678
20 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 3,590,2273.6m $279.7m $279.7m 0.05% Added +129.0k +128,975
21 Cerity Partners LLC 0.33% of their portfolio NEW YORK, NY 3,512,0063.5m $273.6m $273.6m 0.33% Added +110.7k +110,733
22 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 2,981,8483.0m $232.3m $232.3m 0.04% Added +85.4k +85,372
23 Cambridge Investment Research Advisors, Inc. 0.26% of their portfolio FAIRFIELD, IA 2,919,4422.9m $227.5m $227.5m 0.26% Added +1.5m +1,499,974
24 COMMONWEALTH EQUITY SERVICES, LLC 0.27% of their portfolio WALTHAM, MA 2,777,1452.8m $216.4m $216.4m 0.27% Reduced -70.7k -70,728
25 Cetera Investment Advisers 0.19% of their portfolio SCHAUMBURG, IL 2,702,8802.7m $210.6m $210.6m 0.19% Added +140.4k +140,368
26 True Link Financial Advisors, LLC 11.75% of their portfolio SAN FRANCISCO, CA 2,608,3752.6m $203.2m $203.2m 11.75% Added +125.9k +125,888
27 Purpose Unlimited Inc. 7.66% of their portfolio TORONTO, A6 2,571,8642.6m $200.4m $200.4m 7.66% Added +290.7k +290,738
28 MetLife Investment Management, LLC 0.87% of their portfolio Whippany, NJ 2,459,5002.5m $191.6m $191.6m 0.87% Added +185.0k +185,000
29 TRUIST FINANCIAL CORP 0.20% of their portfolio CHARLOTTE, NC 2,174,1562.2m $169.4m $169.4m 0.20% Added +297.3k +297,348
30 Focus Partners Wealth 0.17% of their portfolio ST LOUIS, MO 2,168,1542.2m $168.9m $168.9m 0.17% Added +31.7k +31,651
31 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 2,160,4622.2m $168.3m $168.3m 0.02% Added +107.8k +107,758
32 JONES FINANCIAL COMPANIES LLLP 0.07% of their portfolio DES PERES, MO 2,101,5162.1m $164.0m $164.0m 0.07% Added +268.8k +268,761
33 OSAIC HOLDINGS, INC. 0.19% of their portfolio SCOTTSDALE, AZ 2,090,0522.1m $162.9m $162.9m 0.19% Added +267.5k +267,459
34 WIT, LLC 2.47% of their portfolio DISTRICT OF COLUMBIA, DC 1,981,7632.0m $154.4m $154.4m 2.47% Reduced -25.7k -25,659
35 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.78% of their portfolio IRVING, TX 1,823,3441.8m $142.0m $142.0m 0.78% Reduced -99.6k -99,610
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 1,702,3871.7m $132.6m $132.6m 0.07% Added +96.9k +96,924
37 Valmark Advisers, Inc. 1.40% of their portfolio AKRON, OH 1,689,1231.7m $131.6m $131.6m 1.40% Added +78.5k +78,484
38 Apella Capital, LLC 1.73% of their portfolio WEST HARTFORD, CT 1,579,8841.6m $122.6m $122.6m 1.73% Reduced -76.1k -76,098
39 National Philanthropic Trust 1.74% of their portfolio Jenkintown, PA 1,546,2571.5m $120.5m $120.5m 1.74% Added +6.5k +6,544
40 &PARTNERS 0.47% of their portfolio NASHVILLE, TN 1,466,5221.5m $114.3m $114.3m 0.47% Added +170.0k +170,026
41 RW Investment Management LLC 9.55% of their portfolio Eagle, ID 1,396,8861.4m $108.8m $108.8m 9.55% Added +59.0k +59,039
42 Freestone Capital Holdings, LLC 2.76% of their portfolio Seattle, WA 1,358,9121.4m $105.9m $105.9m 2.76% Added +180.8k +180,763
43 ASSETMARK, INC 0.18% of their portfolio CONCORD, CA 1,350,3851.4m $105.2m $105.2m 0.18% Added +1.0m +1,039,692
44 Savant Capital, LLC 0.31% of their portfolio ROCKFORD, IL 1,341,0561.3m $104.9m $104.9m 0.31% Added +590.0k +590,011
45 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,331,9711.3m $103.1m $103.1m 0.02% Added +87.2k +87,196
46 Beacon Pointe Advisors, LLC 0.47% of their portfolio NEWPORT BEACH, CA 1,303,8861.3m $101.6m $101.6m 0.47% Added +76.8k +76,813
47 Smithfield Trust Co 3.93% of their portfolio PITTSBURGH, PA 1,264,3311.3m $98.5m $98.5m 3.93% Added +7.2k +7,227
48 RS CRUM INC. 18.32% of their portfolio Newport Beach, CA 1,254,4881.3m $97.7m $97.7m 18.32% Added +62.3k +62,253
49 DAVENPORT & Co LLC 0.49% of their portfolio RICHMOND, VA 1,244,8261.2m $97.0m $97.0m 0.49% Reduced -2.7k -2,659
50 EXCHANGE TRADED CONCEPTS, LLC 0.47% of their portfolio Oklahoma City, OK 1,207,6561.2m $94.1m $94.1m 0.47% Added +156.4k +156,363
51 FIFTH THIRD BANCORP 0.15% of their portfolio CINCINNATI, OH 1,204,8881.2m $93.9m $93.9m 0.15% Reduced -386.0k -385,954
52 Fund Evaluation Group, LLC 2.49% of their portfolio CINCINNATI, OH 1,184,3181.2m $92.3m $92.3m 2.49% Added +1.2m +1,179,946
53 World Investment Advisors 1.52% of their portfolio LINCROFT, NJ 1,173,6761.2m $92.0m $92.0m 1.52% Added +8.6k +8,627
54 Janney Montgomery Scott LLC 0.17% of their portfolio PHILADELPHIA, PA 1,113,1711.1m $86.7m $86.7m 0.17% Added +65.5k +65,451
55 D.A. DAVIDSON & CO. 0.47% of their portfolio GREAT FALLS, MT 1,082,3771.1m $84.3m $84.3m 0.47% Added +22.6k +22,599
56 PEAPACK GLADSTONE FINANCIAL CORP 0.93% of their portfolio BEDMINSTER, NJ 1,043,3421.0m $81.3m $81.3m 0.93% Added +13.2k +13,177
57 Martel Wealth Advisors LLC 12.21% of their portfolio VANCOUVER, WA 996,458996.5k $77.6m $77.6m 12.21% Added +58.2k +58,179
58 Focus Partners Advisor Solutions, LLC 0.65% of their portfolio SAINT LOUIS, MO 980,902980.9k $76.4m $76.4m 0.65% Added +236.3k +236,350
59 MML INVESTORS SERVICES, LLC 0.15% of their portfolio SPRINGFIELD, MA 970,658970.7k $75.6m $75.6m 0.15% Added +150.6k +150,609
60 Envestnet Portfolio Solutions, Inc. 0.35% of their portfolio BERWYN, PA 939,116939.1k $73.2m $73.2m 0.35% Added +55.7k +55,704
61 Integris Wealth Management, LLC 14.14% of their portfolio Monterey, CA 898,698898.7k $70.0m $70.0m 14.14% Added +45.9k +45,919
62 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio Toronto, A6 893,913893.9k $71.2m $71.2m 0.06% Added +709.4k +709,389
63 VANGUARD ADVISERS INC 0.23% of their portfolio Malvern, PA 873,886873.9k $68.1m $68.1m 0.23% Added +85.3k +85,332
64 FIRST MERCHANTS CORP 2.39% of their portfolio Muncie, IN 871,815871.8k $67.9m $67.9m 2.39% Reduced -11.6k -11,584
65 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 868,054868.1k $67.6m $67.6m 0.06% Added +22.1k +22,065
66 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 865,925865.9k $67.5m $67.5m 0.06% Added +25.3k +25,307
67 Windward Private Wealth Management Inc. 21.46% of their portfolio OVERLAND PARK, KS 861,105861.1k $67.1m $67.1m 21.46% Added +17.9k +17,918
68 Petersen Hastings Wealth Advisors Inc. 5.54% of their portfolio KENNEWICK, WA 847,131847.1k $66.0m $66.0m 5.54% Added +47.1k +47,079
69 Gemmer Asset Management LLC 4.39% of their portfolio WALNUT CREEK, CA 838,296838.3k $65.3m $65.3m 4.39% Added +17.9k +17,854
70 Capital Analysts, LLC 1.45% of their portfolio FORT WASHINGTON, PA 808,296808.3k $63.0m $63.0m 1.45% Added +48.1k +48,092
71 International City Management Association Retirement Corp 26.31% of their portfolio WASHINGTON, DC 776,816776.8k $60.5m $60.5m 26.31% Added +177.3k +177,316
72 Vestmark Advisory Solutions, Inc. 0.55% of their portfolio Wakefield, MA 754,764754.8k $58.8m $58.8m 0.55% Added +120.9k +120,890
73 Composition Wealth, LLC 0.68% of their portfolio LOS ANGELES, CA 739,365739.4k $57.6m $57.6m 0.68% Added +54.8k +54,821
74 Trajan Wealth LLC 2.14% of their portfolio SCOTTSDALE, AZ 728,258728.3k $56.7m $56.7m 2.14% Added +43.8k +43,823
75 Arbor Investment Advisors, LLC 5.95% of their portfolio WINSTON SALEM, NC 675,069675.1k $52.6m $52.6m 5.95% Added +46.2k +46,222
76 Betterment LLC 0.09% of their portfolio NEW YORK, NY 663,160663.2k $51.7m $51.7m 0.09% Added +34.9k +34,852
77 Farther Finance Advisors, LLC 0.39% of their portfolio SAN FRANCISCO, CA 636,517636.5k $49.6m $49.6m 0.39% Added +48.1k +48,130
78 Symmetry Partners, LLC 2.52% of their portfolio GLASTONBURY, CT 635,551635.6k $49.5m $49.5m 2.52% Added +15.1k +15,141
79 TD Capital Management LLC 4.03% of their portfolio MEMPHIS, TN 633,341633.3k $49.3m $49.3m 4.03% Reduced -61.5k -61,471
80 Orion Porfolio Solutions, LLC 0.38% of their portfolio OMAHA, NE 631,439631.4k $49.2m $49.2m 0.38% Added +155.3k +155,341
81 PRESILIUM PRIVATE WEALTH, LLC 7.36% of their portfolio RADNOR, PA 615,146615.1k $47.9m $47.9m 7.36% Added +65.1k +65,090
82 Clark Asset Management, LLC 3.57% of their portfolio STRATHAM, NH 584,361584.4k $45.5m $45.5m 3.57% Added +66.8k +66,833
83 Old Peak Finance LLC 21.42% of their portfolio CHAPEL HILL, NC 567,983568.0k $44.3m $44.3m 21.42% Added +62.5k +62,531
84 TOBIAS FINANCIAL ADVISORS, INC. 5.61% of their portfolio Plantation, FL 566,494566.5k $44.1m $44.1m 5.61% Added +23.0k +23,027
85 Annandale Capital, LLC 6.43% of their portfolio DALLAS, TX 556,851556.9k $43.4m $43.4m 6.43% Added +9.2k +9,250
86 Prime Capital Investment Advisors, LLC 0.42% of their portfolio OVERLAND PARK, KS 551,860551.9k $43.0m $43.0m 0.42% Reduced -173.8k -173,787
87 Baird Financial Group, Inc. 0.06% of their portfolio MILWAUKEE, WI 548,717548.7k $42.8m $42.8m 0.06% Added +31.2k +31,152
88 Voya Financial Advisors, Inc. 3.45% of their portfolio WINDSOR, CT 502,763502.8k $39.2m $39.2m 3.45% Added +66.4k +66,388
89 Partners in Financial Planning 5.78% of their portfolio SALEM, VA 488,983489.0k $38.1m $38.1m 5.78% Added +11.6k +11,609
90 Savvy Advisors, Inc. 0.80% of their portfolio NEW YORK, NY 480,920480.9k $37.5m $37.5m 0.80% Added +40.1k +40,119
91 NewEdge Advisors, LLC 0.11% of their portfolio NEW ORLEANS, LA 473,565473.6k $36.9m $36.9m 0.11% Added +48.7k +48,727
92 Wealthquest Corp 2.32% of their portfolio CINCINNATI, OH 472,218472.2k $36.8m $36.8m 2.32% Reduced -419.7k -419,724
93 Human Investing LLC 4.73% of their portfolio LAKE OSWEGO, OR 468,074468.1k $36.5m $36.5m 4.73% Added +18.6k +18,648
94 CreativeOne Wealth, LLC 0.78% of their portfolio OVERLAND PARK, KS 465,699465.7k $36.3m $36.3m 0.78% Added +44.6k +44,590
95 Compass Planning Associates Inc 19.46% of their portfolio GREENFIELD, MA 462,096462.1k $36.0m $36.0m 19.46% Added +96.3k +96,343
96 PDS Planning, Inc 2.03% of their portfolio DUBLIN, OH 450,644450.6k $35.1m $35.1m 2.03% Added +18.6k +18,635
97 Mariner, LLC 0.04% of their portfolio Overland Park, KS 447,856447.9k $34.9m $34.9m 0.04% Reduced -14.4k -14,432
98 Berkshire Money Management, Inc. 3.01% of their portfolio DALTON, MA 423,447423.4k $33.0m $33.0m 3.01% Added +1.9k +1,881
99 Waterford Advisors, LLC 5.57% of their portfolio ORCHARD PARK, NY 421,601421.6k $20.4m $20.4m 5.57% Added +25.5k +25,519
100 Sage Financial Management Group, Inc. 8.96% of their portfolio MCLEAN, VA 418,585418.6k $32.6m $32.6m 8.96% Added +40.9k +40,900