Vault-13

VANGUARD WHITEHALL FDS VYM

HIGH DIV YLD · ETP · CUSIP 921946406

1,441 institutional holders -29 vs Q4 2022
164,170,271164.2m shares reported held*
$17.0bnreported value*
74 new 604 added 494 reduced 82 sold out net sold ≈ $687.7m (-5.8m 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 ($24.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $103.85. Options: 8 managers hold calls ($190.0m notional), 6 hold puts ($14.0m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,327Q4 22: 1,470Q1 23: 1,4411,441Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 20221,327
Q4 20221,470
Q1 20231,441

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 768 bought or addedQ4 22: 453 cut or sold outQ4 22Q1 23: 678 bought or addedQ1 23: 576 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022768453
Q1 2023678576

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ3 22 calls: $153.7mQ3 22 puts: $36.4mQ3 22P/C 0.24Q4 22 calls: $193.8mQ4 22 puts: $28.3mQ4 22P/C 0.15Q1 23 calls: $190.0mQ1 23 puts: $14.0mQ1 23P/C 0.07
Numbers
QuarterCallsPutsP/C
Q3 2022$153.7m$36.4m0.24
Q4 2022$193.8m$28.3m0.15
Q1 2023$190.0m$14.0m0.07

Biggest buyers

VANGUARD GROUP INC New +3,217,969+3.2m
MONEY CONCEPTS CAPITAL CORP Added +465,554+465.6k
Summit Wealth Group, LLC New +394,254+394.3k
Russell Investments Group, Ltd. New +274,614+274.6k
Bell Bank Added +233,021+233.0k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +199,707+199.7k
LPL Financial LLC Added +191,117+191.1k
ENVESTNET ASSET MANAGEMENT INC Added +188,590+188.6k
Cerity Partners LLC Added +176,154+176.2k
Raymond James Financial Services Advisors, Inc. Added +170,720+170.7k

Biggest sellers

SUMITOMO LIFE INSURANCE CO Sold out -4,796,786-4.8m
BANK OF AMERICA CORP /DE/ Reduced -4,349,271-4.3m
TRUIST FINANCIAL CORP Reduced -573,203-573.2k
FUKOKU MUTUAL LIFE INSURANCE Co Sold out -335,000-335.0k
JANE STREET GROUP, LLC Reduced -277,010-277.0k
ASSETMARK, INC Reduced -270,375-270.4k
Creative Planning Reduced -236,681-236.7k
One Capital Management, LLC Reduced -223,708-223.7k
Cambridge Investment Research Advisors, Inc. Reduced -203,280-203.3k
WELLS FARGO & COMPANY/MN Reduced -201,194-201.2k

Biggest calls

JANE STREET GROUP, LLC Added $121.5m1.2m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $48.1m456.1k shares
CITADEL ADVISORS LLC Reduced $14.5m137.1k shares
WOLVERINE TRADING, LLC Added $4.5m42.9k shares
GROUP ONE TRADING LLC Added $1.2m11.0k shares
Walleye Trading LLC Added $242.7k2.3k shares
Cutler Group LLC / CA Added $24.0k23.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.2m49.1k shares
CITADEL ADVISORS LLC Reduced $5.1m48.2k shares
Walleye Trading LLC Reduced $1.7m16.5k shares
WOLVERINE TRADING, LLC Reduced $1.6m15.8k shares
WELLS FARGO & COMPANY/MN Reduced $369.2k3.5k shares
Cutler Group LLC / CA Added $21.0k5.5k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.14% of their portfolio CHARLOTTE, NC 11,514,15111.5m $1.2bn $1.2bn 0.14% Reduced -4.3m -4,349,271
2 MORGAN STANLEY 0.11% of their portfolio NEW YORK, NY 9,563,4329.6m $1.0bn $1.0bn 0.11% Reduced -120.8k -120,764
3 WELLS FARGO & COMPANY/MN 0.16% of their portfolio SAN FRANCISCO, CA 4,870,0624.9m $513.8m $513.8m 0.16% Reduced -201.2k -201,194
4 LPL Financial LLC 0.40% of their portfolio FORT MILL, SC 4,847,9194.8m $511.5m $511.5m 0.40% Added +191.1k +191,117
5 AMERIPRISE FINANCIAL INC 0.16% of their portfolio MINNEAPOLIS, MN 4,464,9354.5m $475.5m $475.5m 0.16% Added +74.4k +74,443
6 ENVESTNET ASSET MANAGEMENT INC 0.22% of their portfolio Berwyn, PA 4,276,5624.3m $451.2m $451.2m 0.22% Added +188.6k +188,590
7 Creative Planning 0.63% of their portfolio OVERLAND PARK, KS 4,156,8454.2m $438.5m $438.5m 0.63% Reduced -236.7k -236,681
8 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.13% of their portfolio SAN FRANCISCO, CA 3,946,5213.9m $416.3m $416.3m 0.13% Reduced -177.0k -177,005
9 RAYMOND JAMES & ASSOCIATES 0.36% of their portfolio ST PETERSBURG, FL 3,883,7403.9m $409.7m $409.7m 0.36% Reduced -4.8k -4,787
10 Raymond James Financial Services Advisors, Inc. 0.73% of their portfolio ST. PETERSBURG, FL 3,664,3753.7m $386.6m $386.6m 0.73% Added +170.7k +170,720
11 UBS Group AG 0.16% of their portfolio ZURICH, V8 3,283,2773.3m $346.4m $346.4m 0.16% Added +141.2k +141,230
12 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 3,217,9693.2m $339.5m $339.5m 0.01% New
13 GOLDMAN SACHS GROUP INC 0.08% of their portfolio NEW YORK, NY 2,854,5332.9m $301.2m $301.2m 0.08% Reduced -63.2k -63,200
14 TRUIST FINANCIAL CORP 0.44% of their portfolio CHARLOTTE, NC 2,397,6372.4m $253.0m $253.0m 0.44% Reduced -573.2k -573,203
15 Meiji Yasuda Life Insurance Co 4.64% of their portfolio TOKYO, M0 2,246,0672.2m $237.0m $237.0m 4.64% Unchanged
16 COMMONWEALTH EQUITY SERVICES, LLC 0.49% of their portfolio WALTHAM, MA 2,208,9542.2m $233.0m $233.0m 0.49% Added +18.8k +18,806
17 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 2,151,9112.2m $227.0m $227.0m 0.07% Added +106.2k +106,205
18 Wellspring Financial Advisors, LLC 2.85% of their portfolio CLEVELAND, OH 1,852,6281.9m $9.6m $9.6m 2.85% Reduced -818 -818
19 Janney Montgomery Scott LLC 0.73% of their portfolio PHILADELPHIA, PA 1,690,0361.7m $178.3m $178.3m 0.73% Added +11.0k +11,044
20 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 1,667,1671.7m $175.9m $175.9m 0.02% Added +140.3k +140,339
21 Edge Capital Group, LLC 10.30% of their portfolio ATLANTA, GA 1,584,7781.6m $167.2m $167.2m 10.30% Added +45.4k +45,363
22 OSAIC HOLDINGS, INC. 0.30% of their portfolio SCOTTSDALE, AZ 1,534,6971.5m $162.0m $162.0m 0.30% Added +5.9k +5,909
23 Veritable, L.P. 2.48% of their portfolio Newtown Square, PA 1,370,3541.4m $144.6m $144.6m 2.48% Reduced -8.1k -8,082
24 COLONY GROUP LLC 2.11% of their portfolio Boston, MA 1,352,4771.4m $142.7m $142.7m 2.11% Added +73.0k +73,011
25 STIFEL FINANCIAL CORP 0.20% of their portfolio ST. LOUIS, MO 1,349,4311.3m $142.4m $142.4m 0.20% Added +147.5k +147,461
26 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.08% of their portfolio Toronto, A6 1,331,6641.3m $140.5m $140.5m 0.08% Added +199.7k +199,707
27 MERCER GLOBAL ADVISORS INC /ADV 0.63% of their portfolio DENVER, CO 1,329,6841.3m $139.5m $139.5m 0.63% Added +65.9k +65,881
28 JONES FINANCIAL COMPANIES LLLP 0.19% of their portfolio DES PERES, MO 1,122,9601.1m $118.5m $118.5m 0.19% Reduced -25.7k -25,705
29 J.P. Morgan Private Wealth Advisors LLC 0.25% of their portfolio SAN FRANCISCO, CA 1,105,5791.1m $116.6m $116.6m 0.25% Reduced -70.8k -70,813
30 Cetera Advisor Networks LLC 0.84% of their portfolio EL SEGUNDO, CA 1,085,7821.1m $114.5m $114.5m 0.84% Added +68.4k +68,391
31 PNC Financial Services Group, Inc. 0.09% of their portfolio Pittsburgh, PA 966,888966.9k $102.0m $102.0m 0.09% Added +25.5k +25,515
32 Rakuten Investment Management, Inc. 1.15% of their portfolio TOKYO, M0 912,298912.3k $95.2m $95.2m 1.15% Added +82.6k +82,600
33 Kestra Advisory Services, LLC 1.02% of their portfolio AUSTIN, TX 892,009892.0k $94.1m $94.1m 1.02% Added +4.1k +4,069
34 Cambridge Investment Research Advisors, Inc. 0.45% of their portfolio FAIRFIELD, IA 872,019872.0k $92.0m $92.0m 0.45% Reduced -203.3k -203,280
35 Charles Schwab Investment Advisory, Inc. 0.14% of their portfolio SAN FRANCISCO, CA 852,375852.4k $89.9m $89.9m 0.14% Reduced -21.9k -21,920
36 HighTower Advisors, LLC 0.20% of their portfolio CHICAGO, IL 852,219852.2k $89.9m $89.9m 0.20% Reduced -21.4k -21,430
37 Joel Isaacson & Co., LLC 6.20% of their portfolio NEW YORK, NY 818,130818.1k $86.3m $86.3m 6.20% Added +53.0k +53,046
38 SWISS RE LTD 18.04% of their portfolio ZURICH, V8 728,970729.0k $76.9m $76.9m 18.04% Unchanged
39 Auto-Owners Insurance Co 2.63% of their portfolio LANSING, MI 724,200724.2k $76.4m $76.4m 2.63% Unchanged
40 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 705,704705.7k $74.5m $74.5m 0.03% Added +15.4k +15,423
41 Baird Financial Group, Inc. 0.18% of their portfolio MILWAUKEE, WI 689,769689.8k $72.8m $72.8m 0.18% Added +49.2k +49,242
42 REBALANCE, LLC 6.52% of their portfolio PALO ALTO, CA 624,659624.7k $65.9m $65.9m 6.52% Added +8.7k +8,670
43 CAPTRUST FINANCIAL ADVISORS 0.29% of their portfolio RALEIGH, NC 618,546618.5k $65.3m $65.3m 0.29% Added +46.1k +46,115
44 D.A. DAVIDSON & CO. 0.73% of their portfolio GREAT FALLS, MT 613,420613.4k $64.7m $64.7m 0.73% Reduced -129.0k -129,023
45 MONEY CONCEPTS CAPITAL CORP 0.46% of their portfolio PALM BEACH GARDENS, FL 599,188599.2k $8.2m $8.2m 0.46% Added +465.6k +465,554
46 Allworth Financial LP 0.63% of their portfolio FOLSOM, CA 595,183595.2k $62.8m $62.8m 0.63% Added +102.0k +102,012
47 Bell Bank 6.61% of their portfolio FARGO, ND 592,467592.5k $62.5m $62.5m 6.61% Added +233.0k +233,021
48 MML INVESTORS SERVICES, LLC 0.43% of their portfolio SPRINGFIELD, MA 575,552575.6k $60.7m $60.7m 0.43% Reduced -23.2k -23,169
49 Martel Wealth Advisors LLC 15.37% of their portfolio VANCOUVER, WA 570,644570.6k $60.2m $60.2m 15.37% Added +1.7k +1,669
50 Performance Wealth Partners, LLC 2.96% of their portfolio HINSDALE, IL 546,606546.6k $57.7m $57.7m 2.96% Added +33.3k +33,282
51 Operose Advisors LLC 28.41% of their portfolio MILWAUKEE, WI 542,201542.2k $57.2m $57.2m 28.41% Added +30.6k +30,580
52 ASSETMARK, INC 0.23% of their portfolio CONCORD, CA 526,431526.4k $55.5m $55.5m 0.23% Reduced -270.4k -270,375
53 Northeast Financial Consultants Inc 3.47% of their portfolio WESTPORT, CT 513,847513.8k $54.2m $54.2m 3.47% Reduced -949 -949
54 AE Wealth Management LLC 0.34% of their portfolio TOPEKA, KS 505,174505.2k $53.3m $53.3m 0.34% Reduced -84.0k -84,023
55 Mariner, LLC 0.15% of their portfolio Overland Park, KS 504,373504.4k $53.2m $53.2m 0.15% Added +26.2k +26,194
56 BANK OF HAWAII 3.00% of their portfolio HONOLULU, HI 489,727489.7k $51.7m $51.7m 3.00% Added +5.9k +5,858
57 PINNACLE ASSOCIATES LTD 1.05% of their portfolio NEW YORK, NY 486,433486.4k $51.3m $51.3m 1.05% Added +23.5k +23,514
58 MARINO, STRAM & ASSOCIATES LLC 15.49% of their portfolio BRAINTREE, MA 486,254486.3k $51.3m $51.3m 15.49% Added +3.3k +3,293
59 Wharton Business Group, LLC 3.07% of their portfolio MALVERN, PA 486,220486.2k $51.3m $51.3m 3.07% Added +5.3k +5,261
60 Waldron Private Wealth LLC 2.41% of their portfolio BRIDGEVILLE, PA 469,304469.3k $49.5m $49.5m 2.41% Reduced -42.2k -42,225
61 Cerity Partners LLC 0.12% of their portfolio NEW YORK, NY 449,016449.0k $47.4m $47.4m 0.12% Added +176.2k +176,154
62 HCR Wealth Advisors 9.03% of their portfolio LOS ANGELES, CA 432,510432.5k $45.6m $45.6m 9.03% Reduced -10.6k -10,569
63 State of Wisconsin - Board of Commissioners of Public Lands 9.57% of their portfolio MADISON, WI 406,297406.3k $42.9m $42.9m 9.57% First filing
64 Private Advisor Group, LLC 0.41% of their portfolio MORRISTOWN, NJ 405,892405.9k $42.8m $42.8m 0.41% Added +2.4k +2,379
65 Arlington Partners LLC 6.08% of their portfolio BIRMINGHAM, AL 405,207405.2k $42.7m $42.7m 6.08% Reduced -11.2k -11,172
66 Steward Partners Investment Advisory, LLC 0.67% of their portfolio STAMFORD, CT 397,020397.0k $41.9m $41.9m 0.67% Added +15.3k +15,323
67 Summit Wealth Group, LLC 0.01% of their portfolio WHITE RIVER JUNCTION, VT 394,254394.3k $4 $4 0.01% New
68 BROWN ADVISORY INC 0.07% of their portfolio BALTIMORE, MD 391,142391.1k $41.3m $41.3m 0.07% Reduced -26.0k -26,014
69 MONETA GROUP INVESTMENT ADVISORS LLC 0.98% of their portfolio ST LOUIS, MO 388,969389.0k $41.0m $41.0m 0.98% Added +26.9k +26,913
70 Kinsale Capital Group, Inc. 29.74% of their portfolio Richmond, VA 386,418386.4k $40.8m $40.8m 29.74% Unchanged
71 CAPITAL ADVISORS INC/OK 1.04% of their portfolio TULSA, OK 367,993368.0k $38.8m $38.8m 1.04% Added +9.1k +9,056
72 Equitable Holdings, Inc. 0.62% of their portfolio NEW YORK, NY 366,021366.0k $38.6m $38.6m 0.62% Added +27.9k +27,904
73 US BANCORP \DE\ 0.06% of their portfolio MINNEAPOLIS, MN 364,633364.6k $38.5m $38.5m 0.06% Reduced -26.2k -26,219
74 INSPIRION WEALTH ADVISORS, LLC 7.69% of their portfolio LIBERTYVILLE, IL 363,437363.4k $38.3m $38.3m 7.69% Added +9.8k +9,805
75 Corient Private Wealth LP 0.10% of their portfolio MIAMI, FL 357,121357.1k $37.7m $37.7m 0.10% Added +85.2k +85,198
76 M&T Bank Corp 0.14% of their portfolio BUFFALO, NY 352,565352.6k $37.2m $37.2m 0.14% Reduced -167 -167
77 One Day In July LLC 7.05% of their portfolio BURLINGTON, VT 348,224348.2k $36.7m $36.7m 7.05% Added +9.0k +9,007
78 White Lighthouse Investment Management Inc. 9.03% of their portfolio BEDFORD, MA 339,819339.8k $35.9m $35.9m 9.03% Added +14.2k +14,204
79 Stratos Wealth Partners, LTD. 0.90% of their portfolio BEACHWOOD, OH 320,211320.2k $33.8m $33.8m 0.90% Reduced -46.2k -46,208
80 Brookstone Capital Management 0.67% of their portfolio WHEATON, IL 320,132320.1k $34.5m $34.5m 0.67% Reduced -8.6k -8,560
81 KEYBANK NATIONAL ASSOCIATION/OH 0.15% of their portfolio BROOKLYN, OH 307,971308.0k $32.5m $32.5m 0.15% Added +2.4k +2,389
82 Sabal Trust CO 2.24% of their portfolio ST. PETERSBURG, FL 305,243305.2k $32.2m $32.2m 2.24% Reduced -74.3k -74,289
83 BEACON FINANCIAL GROUP 4.50% of their portfolio DALLAS, TX 303,474303.5k $32.2m $32.2m 4.50% Reduced -4.5k -4,493
84 Opus Capital Group, LLC 5.85% of their portfolio CINCINNATI, OH 302,503302.5k $31.9m $31.9m 5.85% Added +3.9k +3,893
85 Lido Advisors, LLC 0.43% of their portfolio Los Angeles, CA 289,104289.1k $30.5m $30.5m 0.43% Added +63.2k +63,212
86 Cetera Advisors LLC 0.51% of their portfolio DENVER, CO 288,106288.1k $30.4m $30.4m 0.51% Added +13.9k +13,872
87 Cetera Investment Advisers 0.27% of their portfolio SCHAUMBURG, IL 287,705287.7k $30.4m $30.4m 0.27% Reduced -1.9k -1,863
88 Smithfield Trust Co 1.94% of their portfolio PITTSBURGH, PA 287,631287.6k $30.3m $30.3m 1.94% Added +936 +936
89 Atria Wealth Solutions, Inc. 0.43% of their portfolio NEW YORK, NY 275,194275.2k $29.0m $29.0m 0.43% Reduced -68.7k -68,661
90 Russell Investments Group, Ltd. 0.06% of their portfolio Seattle, WA 274,614274.6k $29.0m $29.0m 0.06% New
91 Twele Capital Management, Inc. 4.58% of their portfolio MINNETONKA, MN 265,755265.8k $28.0m $28.0m 4.58% Added +8.5k +8,453
92 AVANTAX ADVISORY SERVICES, INC. 0.34% of their portfolio DALLAS, TX 265,437265.4k $28.0m $28.0m 0.34% Added +6.0k +5,987
93 Conservest Capital Advisors, Inc. 3.34% of their portfolio WYNNEWOOD, PA 265,326265.3k $28.0m $28.0m 3.34% Added +4.5k +4,487
94 REGIONS FINANCIAL CORP 0.25% of their portfolio BIRMINGHAM, AL 264,600264.6k $27.9m $27.9m 0.25% Reduced -11.2k -11,154
95 Pinnacle Wealth Management Advisory Group, LLC 3.77% of their portfolio RED BANK, NJ 264,423264.4k $27.9m $27.9m 3.77% Added +21.3k +21,264
96 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 263,963264.0k $27.8m $27.8m 0.04% Added +95.6k +95,581
97 Round Rock Advisors LLC 10.65% of their portfolio WILTON, CT 263,348263.3k $27.8m $27.8m 10.65% Added +8.3k +8,334
98 Cornerstone Advisory, LLC 4.97% of their portfolio HUNT VALLEY, MD 261,455261.5k $27.6m $27.6m 4.97% Added +9.5k +9,495
99 UNITED SERVICES AUTOMOBILE ASSOCIATION 0.87% of their portfolio SAN ANTONIO, TX 255,725255.7k $27.0m $27.0m 0.87% Unchanged
100 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 254,024254.0k $26.8m $26.8m 0.01% Added +99.0k +98,972