Vault-13

VANGUARD TAX-MANAGED FDS VEA

VAN FTSE DEV MKT · ETP · CUSIP 921943858

2,164 institutional holders +11 vs Q1 2024
2,087,464,8242.1bn shares reported held*
$103.0bnreported value*
101 new 1,054 added 744 reduced 101 sold out net sold ≈ $3.5bn (-61.8m 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 ($79.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $49.35. Options: 2 managers hold calls ($8.3m notional), 4 hold puts ($3.9m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

01k2k3kQ3 22: 1,727Q4 22: 1,857Q1 23: 1,885Q2 23: 1,936Q3 23: 1,939Q4 23: 2,129Q1 24: 2,153Q2 24: 2,1642,164Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 20221,727
Q4 20221,857
Q1 20231,885
Q2 20231,936
Q3 20231,939
Q4 20232,129
Q1 20242,153
Q2 20242,164

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ4 22: 904 bought or addedQ4 22: 766 cut or sold outQ4 22Q1 23: 988 bought or addedQ1 23: 763 cut or sold outQ2 23: 1,008 bought or addedQ2 23: 748 cut or sold outQ2 23Q3 23: 1,077 bought or addedQ3 23: 711 cut or sold outQ4 23: 1,039 bought or addedQ4 23: 805 cut or sold outQ4 23Q1 24: 1,150 bought or addedQ1 24: 848 cut or sold outQ2 24: 1,155 bought or addedQ2 24: 845 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022904766
Q1 2023988763
Q2 20231,008748
Q3 20231,077711
Q4 20231,039805
Q1 20241,150848
Q2 20241,155845

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 23 calls: $11.6mQ3 23 puts: $9.6mQ3 23P/C 0.83Q4 23 calls: $24.0mQ4 23 puts: $4.6mQ4 23P/C 0.19Q1 24 calls: $17.5mQ1 24 puts: $9.3mQ1 24P/C 0.53Q2 24 calls: $8.3mQ2 24 puts: $3.9mQ2 24P/C 0.46
Numbers
QuarterCallsPutsP/C
Q3 2023$11.6m$9.6m0.83
Q4 2023$24.0m$4.6m0.19
Q1 2024$17.5m$9.3m0.53
Q2 2024$8.3m$3.9m0.46

Biggest buyers

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +10,461,096+10.5m
Strategic Financial Concepts, LLC Added +8,172,614+8.2m
Creative Planning Added +6,565,775+6.6m
GOLDMAN SACHS GROUP INC Added +5,586,723+5.6m
Betterment LLC Added +5,410,650+5.4m
Michael & Susan Dell Foundation Added +4,983,057+5.0m
BANK OF AMERICA CORP /DE/ Added +3,547,997+3.5m
Corient Private Wealth LP Added +3,003,866+3.0m
Focus Partners Wealth Added +2,415,888+2.4m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +2,402,484+2.4m

Biggest sellers

MORGAN STANLEY Reduced -107,457,518-107.5m
JONES FINANCIAL COMPANIES LLLP Reduced -15,071,806-15.1m
Charles Schwab Investment Advisory, Inc. Sold out -9,327,426-9.3m
SCS Capital Management LLC Reduced -7,176,485-7.2m
JPMORGAN CHASE & CO Reduced -3,172,780-3.2m
EVOKE WEALTH, LLC Reduced -1,370,682-1.4m
STATE STREET CORP Reduced -1,132,561-1.1m
Wealthfront Advisers LLC Reduced -1,112,320-1.1m
Relative Value Partners Group, LLC Reduced -1,014,461-1.0m
Thrivent Financial for Lutherans Reduced -854,836-854.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.0m162.6k shares
CITADEL ADVISORS LLC Reduced $276.8k5.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.7m74.1k shares
CITADEL ADVISORS LLC Added $187.8k3.8k shares
SIMPLEX TRADING, LLC Reduced $4.0k100 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.77% of their portfolio CHARLOTTE, NC 162,575,292162.6m $8.0bn $8.0bn 0.77% Added +3.5m +3,547,997
2 Creative Planning 7.38% of their portfolio OVERLAND PARK, KS 139,777,262139.8m $6.9bn $6.9bn 7.38% Added +6.6m +6,565,775
3 Betterment LLC 15.95% of their portfolio NEW YORK, NY 124,617,150124.6m $6.2bn $6.2bn 15.95% Added +5.4m +5,410,650
4 ENVESTNET ASSET MANAGEMENT INC 1.63% of their portfolio Berwyn, PA 94,561,34994.6m $4.7bn $4.7bn 1.63% Reduced -67.1k -67,072
5 JONES FINANCIAL COMPANIES LLLP 3.72% of their portfolio DES PERES, MO 65,091,83765.1m $3.2bn $3.2bn 3.72% Reduced -15.1m -15,071,806
6 WELLS FARGO & COMPANY/MN 0.80% of their portfolio SAN FRANCISCO, CA 62,480,99662.5m $3.1bn $3.1bn 0.80% Reduced -638.4k -638,367
7 MORGAN STANLEY 0.22% of their portfolio NEW YORK, NY 58,495,81658.5m $2.9bn $2.9bn 0.22% Reduced -107.5m -107,457,518
8 Wealthfront Advisers LLC 8.98% of their portfolio Palo Alto, CA 53,994,38454.0m $2.7bn $2.7bn 8.98% Reduced -1.1m -1,112,320
9 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 2.48% of their portfolio MILWAUKEE, WI 50,962,30551.0m $2.5bn $2.5bn 2.48% Added +2.4m +2,402,484
10 GOLDMAN SACHS GROUP INC 0.49% of their portfolio NEW YORK, NY 50,735,34650.7m $2.5bn $2.5bn 0.49% Added +5.6m +5,586,723
11 WealthNavi Inc. 27.37% of their portfolio Shinagawa-ku, TOKYO, M0 43,659,58943.7m $2.2bn $2.2bn 27.37% Added +1.9m +1,898,012
12 NORTHERN TRUST CORP 0.34% of their portfolio CHICAGO, IL 40,982,35641.0m $2.0bn $2.0bn 0.34% Added +1.8m +1,841,766
13 ROYAL BANK OF CANADA 0.49% of their portfolio TORONTO, A6 40,812,17940.8m $2.0bn $2.0bn 0.49% Added +238.4k +238,354
14 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.35% of their portfolio SAN FRANCISCO, CA 37,027,01337.0m $1.8bn $1.8bn 0.35% Added +531.4k +531,396
15 Mariner, LLC 2.59% of their portfolio Overland Park, KS 27,012,62627.0m $1.3bn $1.3bn 2.59% Added +1.2m +1,196,494
16 SEI INVESTMENTS CO 1.89% of their portfolio OAKS, PA 26,977,34827.0m $1.3bn $1.3bn 1.89% Reduced -476.0k -476,044
17 UBS Group AG 0.40% of their portfolio ZURICH, V8 26,559,30526.6m $1.3bn $1.3bn 0.40% Reduced -53.3k -53,322
18 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 25,669,47825.7m $1.3bn $1.3bn 0.05% Reduced -3.2m -3,172,780
19 TIAA TRUST, NATIONAL ASSOCIATION 3.45% of their portfolio CHARLOTTE, NC 22,589,67722.6m $1.1bn $1.1bn 3.45% Reduced -645.7k -645,697
20 LPL Financial LLC 0.53% of their portfolio FORT MILL, SC 21,328,84121.3m $1.1bn $1.1bn 0.53% Added +881.6k +881,611
21 MERCER GLOBAL ADVISORS INC /ADV 2.58% of their portfolio DENVER, CO 19,366,59219.4m $948.3m $948.3m 2.58% Added +1.9m +1,860,937
22 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 17,759,36217.8m $877.7m $877.7m 0.02% Added +444.6k +444,586
23 Baird Financial Group, Inc. 1.78% of their portfolio MILWAUKEE, WI 17,360,10917.4m $857.9m $857.9m 1.78% Added +545.6k +545,635
24 FMR LLC 0.05% of their portfolio BOSTON, MA 16,501,79616.5m $815.5m $815.5m 0.05% Reduced -147.6k -147,576
25 COMMONWEALTH EQUITY SERVICES, LLC 1.25% of their portfolio WALTHAM, MA 16,025,17916.0m $792.0m $792.0m 1.25% Added +796.6k +796,564
26 Bank of New York Mellon Corp 0.15% of their portfolio NEW YORK, NY 15,748,17715.7m $778.3m $778.3m 0.15% Reduced -85.3k -85,294
27 US BANCORP \DE\ 1.06% of their portfolio MINNEAPOLIS, MN 15,722,60915.7m $777.0m $777.0m 1.06% Added +1.2m +1,249,037
28 CAPTRUST FINANCIAL ADVISORS 2.41% of their portfolio RALEIGH, NC 15,328,63215.3m $748.0m $748.0m 2.41% Added +1.7m +1,704,912
29 Cerity Partners LLC 1.84% of their portfolio NEW YORK, NY 13,732,06313.7m $678.6m $678.6m 1.84% Added +477.2k +477,215
30 Envestnet Portfolio Solutions, Inc. 2.34% of their portfolio BERWYN, PA 13,555,40613.6m $669.9m $669.9m 2.34% Added +138.9k +138,881
31 SUSQUEHANNA INTERNATIONAL GROUP, LLP 1.12% of their portfolio BALA CYNWYD, PA 13,057,69213.1m $645.3m $645.3m 1.12% Added +10.5m +10,461,096
32 Jasper Ridge Partners, L.P. 20.86% of their portfolio MENLO PARK, CA 13,047,18713.0m $644.8m $644.8m 20.86% Added +1.8m +1,823,571
33 Corient Private Wealth LP 1.11% of their portfolio MIAMI, FL 12,880,91612.9m $636.6m $636.6m 1.11% Added +3.0m +3,003,866
34 RWA WEALTH PARTNERS, LLC 7.07% of their portfolio BOSTON, MA 10,846,94110.8m $536.1m $536.1m 7.07% Added +148.0k +148,027
35 Valmark Advisers, Inc. 9.04% of their portfolio AKRON, OH 10,766,78610.8m $532.1m $532.1m 9.04% Added +154.9k +154,914
36 AMERIPRISE FINANCIAL INC 0.14% of their portfolio MINNEAPOLIS, MN 10,348,50010.3m $508.1m $508.1m 0.14% Added +508.4k +508,439
37 HighTower Advisors, LLC 0.79% of their portfolio CHICAGO, IL 10,339,84810.3m $511.0m $511.0m 0.79% Added +998.4k +998,420
38 Wealthspire Advisors, LLC 5.80% of their portfolio NEW YORK, NY 9,163,1229.2m $452.8m $452.8m 5.80% Added +351.5k +351,500
39 Strategic Financial Concepts, LLC 0.11% of their portfolio SAN ANTONIO, TX 8,308,6918.3m $184.5k $184.5k 0.11% Added +8.2m +8,172,614
40 PNC Financial Services Group, Inc. 0.25% of their portfolio Pittsburgh, PA 7,598,2107.6m $375.5m $375.5m 0.25% Added +34.7k +34,731
41 STIFEL FINANCIAL CORP 0.42% of their portfolio ST. LOUIS, MO 7,521,1437.5m $371.7m $371.7m 0.42% Reduced -27.7k -27,703
42 KEYBANK NATIONAL ASSOCIATION/OH 1.52% of their portfolio BROOKLYN, OH 7,511,9927.5m $371.2m $371.2m 1.52% Reduced -305.8k -305,821
43 SCS Capital Management LLC 7.53% of their portfolio BOSTON, MA 7,279,6857.3m $359.8m $359.8m 7.53% Reduced -7.2m -7,176,485
44 Facet Wealth, Inc. 10.77% of their portfolio WEST PALM BEACH, FL 6,988,9457.0m $350.6m $350.6m 10.77% Added +331.8k +331,825
45 Nicholas Hoffman & Company, LLC. 16.05% of their portfolio ATLANTA, GA 6,925,0116.9m $342.2m $342.2m 16.05% Added +840.8k +840,818
46 Michael & Susan Dell Foundation 34.63% of their portfolio NEW YORK, NY 6,866,8266.9m $339.4m $339.4m 34.63% Added +5.0m +4,983,057
47 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 6.97% of their portfolio MINNEAPOLIS, MN 6,574,5096.6m $324.9m $324.9m 6.97% Added +393.2k +393,219
48 HBK Sorce Advisory LLC 11.35% of their portfolio ERIE, PA 6,571,9626.6m $324.8m $324.8m 11.35% Added +99.5k +99,521
49 Morningstar Investment Services LLC 3.52% of their portfolio CHICAGO, IL 6,564,0616.6m $324.1m $324.1m 3.52% Reduced -53.6k -53,604
50 Raymond James Financial Services Advisors, Inc. 0.45% of their portfolio ST. PETERSBURG, FL 6,451,5006.5m $318.8m $318.8m 0.45% Reduced -14.9k -14,886
51 MML INVESTORS SERVICES, LLC 1.28% of their portfolio SPRINGFIELD, MA 6,418,5876.4m $317.2m $317.2m 1.28% Added +427.3k +427,271
52 M&T Bank Corp 1.03% of their portfolio BUFFALO, NY 6,086,7086.1m $300.8m $300.8m 1.03% Reduced -122.3k -122,311
53 State of Tennessee, Department of Treasury 1.08% of their portfolio NASHVILLE, TN 5,957,8106.0m $294.4m $294.4m 1.08% Added +225.7k +225,727
54 CITIGROUP INC 0.28% of their portfolio NEW YORK, NY 5,885,9165.9m $290.9m $290.9m 0.28% Added +254.2k +254,171
55 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.27% of their portfolio Toronto, A6 5,855,8735.9m $289.4m $289.4m 0.27% Added +24.7k +24,655
56 REGIONS FINANCIAL CORP 2.17% of their portfolio BIRMINGHAM, AL 5,783,7445.8m $285.8m $285.8m 2.17% Reduced -68.1k -68,065
57 JMG Financial Group, Ltd. 10.53% of their portfolio DOWNERS GROVE, IL 5,704,6675.7m $281.9m $281.9m 10.53% Added +143.5k +143,526
58 Modera Wealth Management, LLC 4.10% of their portfolio WESTWOOD, NJ 5,632,5775.6m $278.4m $278.4m 4.10% Reduced -105.6k -105,609
59 VICTORY CAPITAL MANAGEMENT INC 0.27% of their portfolio San Antonio, TX 5,442,8385.4m $269.0m $269.0m 0.27% Reduced -106.7k -106,655
60 BANK OF HAWAII 12.33% of their portfolio HONOLULU, HI 5,432,7085.4m $268.5m $268.5m 12.33% Added +916.1k +916,092
61 Fiduciary Trust Co 3.98% of their portfolio Boston, MA 5,358,1555.4m $264.8m $264.8m 3.98% Reduced -49.0k -49,013
62 HUNTINGTON NATIONAL BANK 2.03% of their portfolio COLUMBUS, OH 5,305,9165.3m $262.2m $262.2m 2.03% Added +274.7k +274,748
63 Pathstone Holdings, LLC 1.14% of their portfolio ENGLEWOOD, NJ 5,095,8705.1m $251.8m $251.8m 1.14% Added +51.3k +51,340
64 Truepoint, Inc. 7.16% of their portfolio CINCINNATI, OH 5,075,8285.1m $250.8m $250.8m 7.16% Reduced -3.3k -3,334
65 Fisher Asset Management, LLC 0.10% of their portfolio PLANO, TX 4,852,3424.9m $239.8m $239.8m 0.10% Added +95.8k +95,848
66 SOFI WEALTH, LLC 19.68% of their portfolio SAN FRANCISCO, CA 4,748,7114.7m $234.7m $234.7m 19.68% Added +459.1k +459,095
67 Focus Partners Wealth 0.76% of their portfolio ST LOUIS, MO 4,547,2064.5m $224.7m $224.7m 0.76% Added +2.4m +2,415,888
68 TFO Wealth Partners, LLC 43.81% of their portfolio MAUMEE, OH 4,532,8664.5m $224.0m $224.0m 43.81% Reduced -14.8k -14,776
69 Cetera Investment Advisers 0.52% of their portfolio SCHAUMBURG, IL 4,532,3794.5m $224.0m $224.0m 0.52% Reduced -44.7k -44,663
70 VOYA INVESTMENT MANAGEMENT LLC 0.22% of their portfolio ATLANTA, GA 4,459,9564.5m $220.4m $220.4m 0.22% Added +520.3k +520,253
71 COUNTRY TRUST BANK 5.50% of their portfolio Bloomington, IL 4,406,8714.4m $217.8m $217.8m 5.50% Added +153.9k +153,944
72 Ballentine Partners, LLC 3.89% of their portfolio Waltham, MA 4,253,1824.3m $210.2m $210.2m 3.89% Added +19.4k +19,370
73 OSAIC HOLDINGS, INC. 0.48% of their portfolio SCOTTSDALE, AZ 4,080,8384.1m $201.7m $201.7m 0.48% Added +194.9k +194,908
74 Ally Invest Advisors Inc. 18.96% of their portfolio CHARLOTTE, NC 3,992,3514.0m $197.3m $197.3m 18.96% Added +138.8k +138,809
75 RAYMOND JAMES & ASSOCIATES 0.13% of their portfolio ST PETERSBURG, FL 3,978,3544.0m $196.6m $196.6m 0.13% Added +118.8k +118,792
76 Linscomb Wealth, Inc. 9.95% of their portfolio Houston, TX 3,890,3923.9m $192.3m $192.3m 9.95% Added +40.3k +40,266
77 Ellevest, Inc. 11.33% of their portfolio NEW YORK, NY 3,822,2883.8m $188.9m $188.9m 11.33% Added +110.8k +110,782
78 Janney Montgomery Scott LLC 0.56% of their portfolio PHILADELPHIA, PA 3,721,6063.7m $183.9m $183.9m 0.56% Added +55.4k +55,387
79 Wilmington Savings Fund Society, FSB 7.01% of their portfolio WILMINGTON, DE 3,699,2003.7m $182.8m $182.8m 7.01% Added +12.6k +12,595
80 D.A. DAVIDSON & CO. 1.48% of their portfolio GREAT FALLS, MT 3,382,1823.4m $167.1m $167.1m 1.48% Added +46.1k +46,116
81 MAI Capital Management 1.57% of their portfolio INDEPENDENCE, OH 3,222,4263.2m $159.3m $159.3m 1.57% Added +370.5k +370,469
82 CIBC Private Wealth Group LLC 0.30% of their portfolio ATLANTA, GA 3,203,1513.2m $161.0m $161.0m 0.30% Added +187.0k +186,952
83 FIFTH THIRD BANCORP 0.60% of their portfolio CINCINNATI, OH 3,188,1263.2m $157.6m $157.6m 0.60% Reduced -94.7k -94,697
84 BLAIR WILLIAM & CO/IL 0.48% of their portfolio CHICAGO, IL 3,134,0553.1m $154.9m $154.9m 0.48% Added +83.8k +83,840
85 LINCOLN NATIONAL CORP 5.20% of their portfolio RADNOR, PA 3,112,3113.1m $153.8m $153.8m 5.20% Reduced -782.1k -782,075
86 Rockefeller Capital Management L.P. 0.43% of their portfolio NEW YORK, NY 3,077,9593.1m $152.1m $152.1m 0.43% Reduced -324.1k -324,062
87 ASSETMARK, INC 0.45% of their portfolio CONCORD, CA 2,956,9203.0m $146.1m $146.1m 0.45% Added +75.9k +75,887
88 BRIDGES INVESTMENT MANAGEMENT INC 2.22% of their portfolio OMAHA, NE 2,953,0433.0m $145.9m $145.9m 2.22% Added +814.6k +814,574
89 Wedmont Private Capital 9.56% of their portfolio WEST CHESTER, PA 2,950,3993.0m $151.9m $151.9m 9.56% Added +311.2k +311,181
90 FARMERS & MERCHANTS INVESTMENTS INC 4.81% of their portfolio LINCOLN, NE 2,914,6772.9m $144.0m $144.0m 4.81% Added +31.6k +31,635
91 BLB&B Advisors, LLC 7.72% of their portfolio MONTGOMERYVILLE, PA 2,849,8412.8m $140.8m $140.8m 7.72% Added +106.2k +106,167
92 SYNOVUS FINANCIAL CORP 1.83% of their portfolio Columbus, GA 2,798,5172.8m $138.3m $138.3m 1.83% Added +4.0k +4,022
93 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 6.15% of their portfolio BOSTON, MA 2,715,8902.7m $134.2m $134.2m 6.15% Added +267.4k +267,436
94 ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio NASHVILLE, TN 2,601,4122.6m $128.6m $128.6m 0.04% Added +1.4m +1,366,381
95 TRUIST FINANCIAL CORP 0.20% of their portfolio CHARLOTTE, NC 2,594,3412.6m $128.2m $128.2m 0.20% Added +38.8k +38,790
96 Acropolis Investment Management, LLC 8.03% of their portfolio ST. LOUIS, MO 2,571,7042.6m $127.1m $127.1m 8.03% Added +89.7k +89,699
97 Cambridge Investment Research Advisors, Inc. 0.47% of their portfolio FAIRFIELD, IA 2,563,7142.6m $126.7m $126.7m 0.47% Added +34.9k +34,894
98 TECTONIC ADVISORS LLC 9.12% of their portfolio FRISCO, TX 2,551,1732.6m $126.1m $126.1m 9.12% Added +101.4k +101,362
99 Freestone Capital Holdings, LLC 4.52% of their portfolio Seattle, WA 2,546,9722.5m $125.9m $125.9m 4.52% Added +79.3k +79,298
100 Foster Group, Inc. 4.90% of their portfolio WEST DES MOINES, IA 2,521,4802.5m $124.6m $124.6m 4.90% Added +163.2k +163,224