Vault-13

VANGUARD WHITEHALL FDS VYM

HIGH DIV YLD · ETP · CUSIP 921946406

1,576 institutional holders +126 vs Q3 2023
184,206,041184.2m shares reported held*
$20.3bnreported value*
96 new 534 added 621 reduced 60 sold out net bought ≈ $964.8m (+8.7m 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 ($22.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $110.22. Options: 9 managers hold calls ($144.2m notional), 6 hold puts ($34.2m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,327Q4 22: 1,470Q1 23: 1,441Q2 23: 1,460Q3 23: 1,450Q4 23: 1,5761,576Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20221,327
Q4 20221,470
Q1 20231,441
Q2 20231,460
Q3 20231,450
Q4 20231,576

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 23Q2 23: 649 bought or addedQ2 23: 631 cut or sold outQ2 23Q3 23: 607 bought or addedQ3 23: 655 cut or sold outQ3 23Q4 23: 630 bought or addedQ4 23: 681 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022768453
Q1 2023678576
Q2 2023649631
Q3 2023607655
Q4 2023630681

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ1 23 calls: $190.0mQ1 23 puts: $14.0mQ1 23P/C 0.07Q2 23 calls: $201.8mQ2 23 puts: $28.1mQ2 23P/C 0.14Q3 23 calls: $202.5mQ3 23 puts: $28.4mQ3 23P/C 0.14Q4 23 calls: $144.2mQ4 23 puts: $34.2mQ4 23P/C 0.24
Numbers
QuarterCallsPutsP/C
Q1 2023$190.0m$14.0m0.07
Q2 2023$201.8m$28.1m0.14
Q3 2023$202.5m$28.4m0.14
Q4 2023$144.2m$34.2m0.24

Biggest buyers

MORGAN STANLEY Added +8,865,908+8.9m
JPMORGAN CHASE & CO Added +2,868,790+2.9m
Mesirow Financial Investment Management, Inc. New +522,592+522.6k
Arlington Trust Co LLC Added +374,301+374.3k
STIFEL FINANCIAL CORP Added +360,761+360.8k
BANK OF AMERICA CORP /DE/ Added +321,987+322.0k
Arlington Partners LLC Added +280,124+280.1k
ROYAL BANK OF CANADA Added +233,798+233.8k
OneAscent Financial Services LLC Added +200,365+200.4k
ENVESTNET ASSET MANAGEMENT INC Added +186,821+186.8k

Biggest sellers

SUMITOMO LIFE INSURANCE CO Reduced -3,350,000-3.4m
GOLDMAN SACHS GROUP INC Reduced -655,882-655.9k
FIDUCIENT ADVISORS LLC Reduced -524,784-524.8k
OSAIC HOLDINGS, INC. Reduced -327,743-327.7k
Gateway Wealth Partners, LLC Reduced -201,024-201.0k
Kinsale Capital Group, Inc. Reduced -180,000-180.0k
AMERIPRISE FINANCIAL INC Reduced -170,284-170.3k
TRUIST FINANCIAL CORP Reduced -148,880-148.9k
Sageworth Trust Co Reduced -147,432-147.4k
Cornerstone Wealth Group, LLC Reduced -140,126-140.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $73.1m654.4k shares
CITADEL ADVISORS LLC Added $60.3m540.0k shares
JANE STREET GROUP, LLC Reduced $9.4m84.2k shares
GROUP ONE TRADING LLC Reduced $1.1m10.2k shares
NORDEN GROUP LLC New $248.0k2.2k shares
Walleye Trading LLC Added $44.7k400 shares
Twin Tree Management, LP New $22.3k200 shares
Cutler Group LLC / CA Reduced $12.0k13.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $20.4m182.4k shares
Annandale Capital, LLC New $10.5m100.0k shares
CITADEL ADVISORS LLC Reduced $2.9m25.7k shares
WELLS FARGO & COMPANY/MN Added $424.2k3.8k shares
Walleye Trading LLC New $11.2k100 shares
Cutler Group LLC / CA Reduced $3.0k5.1k 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 0.09% of their portfolio NEW YORK, NY 18,309,82018.3m $2.0bn $2.0bn 0.09% Added +8.9m +8,865,908
2 SUMITOMO LIFE INSURANCE CO 52.52% of their portfolio TOKYO, M0 15,133,32215.1m $1.7bn $1.7bn 52.52% Reduced -3.4m -3,350,000
3 BANK OF AMERICA CORP /DE/ 0.14% of their portfolio CHARLOTTE, NC 11,191,11011.2m $1.2bn $1.2bn 0.14% Added +322.0k +321,987
4 LPL Financial LLC 0.34% of their portfolio FORT MILL, SC 5,035,1745.0m $562.1m $562.1m 0.34% Reduced -117.0k -117,031
5 ENVESTNET ASSET MANAGEMENT INC 0.23% of their portfolio Berwyn, PA 4,884,7924.9m $545.3m $545.3m 0.23% Added +186.8k +186,821
6 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 4,475,6904.5m $499.6m $499.6m 0.03% Added +2.9m +2,868,790
7 WELLS FARGO & COMPANY/MN 0.14% of their portfolio SAN FRANCISCO, CA 4,409,7194.4m $492.3m $492.3m 0.14% Added +95.4k +95,422
8 Raymond James Financial Services Advisors, Inc. 0.74% of their portfolio ST. PETERSBURG, FL 4,059,2204.1m $453.1m $453.1m 0.74% Added +115.3k +115,272
9 Creative Planning 0.80% of their portfolio OVERLAND PARK, KS 3,843,9803.8m $429.1m $429.1m 0.80% Reduced -103.4k -103,390
10 AMERIPRISE FINANCIAL INC 0.11% of their portfolio MINNEAPOLIS, MN 3,431,8763.4m $383.1m $383.1m 0.11% Reduced -170.3k -170,284
11 UBS Group AG 0.15% of their portfolio ZURICH, V8 3,417,6863.4m $381.5m $381.5m 0.15% Added +169.3k +169,321
12 RAYMOND JAMES & ASSOCIATES 0.28% of their portfolio ST PETERSBURG, FL 3,406,7013.4m $380.3m $380.3m 0.28% Reduced -25.8k -25,840
13 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 3,230,4263.2m $360.6m $360.6m 0.01% Added +9.4k +9,362
14 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 2,504,6292.5m $279.6m $279.6m 0.07% Added +233.8k +233,798
15 Meiji Yasuda Life Insurance Co 5.45% of their portfolio TOKYO, M0 2,246,0672.2m $250.7m $250.7m 5.45% Unchanged
16 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 2,174,6732.2m $242.8m $242.8m 0.05% Reduced -655.9k -655,882
17 COMMONWEALTH EQUITY SERVICES, LLC 0.43% of their portfolio WALTHAM, MA 2,102,5922.1m $234.7m $234.7m 0.43% Reduced -26.6k -26,648
18 MERCER GLOBAL ADVISORS INC /ADV 0.62% of their portfolio DENVER, CO 1,854,6151.9m $207.0m $207.0m 0.62% Added +184.7k +184,675
19 Wellspring Financial Advisors, LLC 2.53% of their portfolio CLEVELAND, OH 1,853,5571.9m $10.1m $10.1m 2.53% Added +9.6k +9,623
20 Janney Montgomery Scott LLC 0.66% of their portfolio PHILADELPHIA, PA 1,827,4691.8m $204.0m $204.0m 0.66% Added +97.2k +97,196
21 STIFEL FINANCIAL CORP 0.24% of their portfolio ST. LOUIS, MO 1,679,3561.7m $187.5m $187.5m 0.24% Added +360.8k +360,761
22 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.11% of their portfolio Toronto, A6 1,663,3941.7m $185.7m $185.7m 0.11% Added +37.2k +37,189
23 Edge Capital Group, LLC 9.66% of their portfolio ATLANTA, GA 1,553,0631.6m $173.4m $173.4m 9.66% Reduced -1.8k -1,783
24 Pathstone Holdings, LLC 0.89% of their portfolio ENGLEWOOD, NJ 1,477,0951.5m $164.9m $164.9m 0.89% First filing
25 OSAIC HOLDINGS, INC. 0.22% of their portfolio SCOTTSDALE, AZ 1,135,3881.1m $126.8m $126.8m 0.22% Reduced -327.7k -327,743
26 JONES FINANCIAL COMPANIES LLLP 0.18% of their portfolio DES PERES, MO 1,064,7431.1m $118.9m $118.9m 0.18% Reduced -29.4k -29,385
27 Cetera Advisor Networks LLC 0.64% of their portfolio EL SEGUNDO, CA 1,032,5811.0m $115.3m $115.3m 0.64% Reduced -119.8k -119,827
28 TRUIST FINANCIAL CORP 0.18% of their portfolio CHARLOTTE, NC 1,019,9241.0m $113.9m $113.9m 0.18% Reduced -148.9k -148,880
29 PNC Financial Services Group, Inc. 0.09% of their portfolio Pittsburgh, PA 1,013,7421.0m $113.2m $113.2m 0.09% Reduced -23.0k -23,000
30 Kestra Advisory Services, LLC 0.82% of their portfolio AUSTIN, TX 908,791908.8k $101.4m $101.4m 0.82% Reduced -32.0k -31,971
31 Rakuten Investment Management, Inc. 0.89% of their portfolio TOKYO, M0 904,298904.3k $101.1m $101.1m 0.89% Added +10.5k +10,500
32 Charles Schwab Investment Advisory, Inc. 0.14% of their portfolio SAN FRANCISCO, CA 894,424894.4k $99.8m $99.8m 0.14% Added +4.4k +4,367
33 Florida Trust Wealth Management Co 3.59% of their portfolio SANIBEL, FL 872,482872.5k $97.4m $97.4m 3.59% First filing
34 Joel Isaacson & Co., LLC 5.66% of their portfolio NEW YORK, NY 826,605826.6k $92.3m $92.3m 5.66% Added +4.7k +4,693
35 HighTower Advisors, LLC 0.15% of their portfolio CHICAGO, IL 791,649791.6k $88.4m $88.4m 0.15% Reduced -124.1k -124,121
36 Cambridge Investment Research Advisors, Inc. 0.38% of their portfolio FAIRFIELD, IA 790,872790.9k $88.3m $88.3m 0.38% Reduced -64.9k -64,911
37 Wharton Business Group, LLC 4.34% of their portfolio MALVERN, PA 772,987773.0k $86.3m $86.3m 4.34% Added +37.5k +37,523
38 Auto-Owners Insurance Co 2.45% of their portfolio LANSING, MI 724,200724.2k $80.8m $80.8m 2.45% Unchanged
39 CAPTRUST FINANCIAL ADVISORS 0.26% of their portfolio RALEIGH, NC 673,909673.9k $75.2m $75.2m 0.26% Reduced -4.1k -4,111
40 Allworth Financial LP 0.57% of their portfolio FOLSOM, CA 669,325669.3k $74.7m $74.7m 0.57% Reduced -24.2k -24,236
41 Bell Bank 7.04% of their portfolio FARGO, ND 654,121654.1k $73.0m $73.0m 7.04% Added +19.3k +19,311
42 Martel Wealth Advisors LLC 15.94% of their portfolio VANCOUVER, WA 628,799628.8k $70.2m $70.2m 15.94% Added +16.9k +16,855
43 D.A. DAVIDSON & CO. 0.68% of their portfolio GREAT FALLS, MT 618,079618.1k $69.0m $69.0m 0.68% Added +12.1k +12,058
44 MML INVESTORS SERVICES, LLC 0.31% of their portfolio SPRINGFIELD, MA 604,793604.8k $67.5m $67.5m 0.31% Added +20.0k +20,019
45 BKM Wealth Management, LLC 0.31% of their portfolio BROOKFIELD, WI 586,834586.8k $716.6k $716.6k 0.31% First filing
46 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 581,743581.7k $65.3m $65.3m 0.02% Reduced -58.5k -58,476
47 ASSETMARK, INC 0.23% of their portfolio CONCORD, CA 567,829567.8k $63.4m $63.4m 0.23% Added +34.9k +34,913
48 HCR Wealth Advisors 9.82% of their portfolio LOS ANGELES, CA 556,799556.8k $62.2m $62.2m 9.82% Added +119.9k +119,936
49 Baird Financial Group, Inc. 0.14% of their portfolio MILWAUKEE, WI 555,744555.7k $62.0m $62.0m 0.14% Reduced -38.4k -38,434
50 Performance Wealth Partners, LLC 2.69% of their portfolio HINSDALE, IL 548,486548.5k $61.2m $61.2m 2.69% Reduced -5.9k -5,935
51 Mariner, LLC 0.14% of their portfolio Overland Park, KS 532,293532.3k $59.4m $59.4m 0.14% Added +8.6k +8,569
52 Cerity Partners LLC 0.20% of their portfolio NEW YORK, NY 524,909524.9k $58.6m $58.6m 0.20% Added +129.6k +129,567
53 Mesirow Financial Investment Management, Inc. 2.08% of their portfolio CHICAGO, IL 522,592522.6k $58.3m $58.3m 2.08% New
54 MARINO, STRAM & ASSOCIATES LLC 14.82% of their portfolio BRAINTREE, MA 513,267513.3k $57.3m $57.3m 14.82% Added +10.8k +10,769
55 Operose Advisors LLC 22.90% of their portfolio MILWAUKEE, WI 512,669512.7k $57.2m $57.2m 22.90% Reduced -43.3k -43,290
56 PINNACLE ASSOCIATES LTD 0.93% of their portfolio NEW YORK, NY 494,722494.7k $55.2m $55.2m 0.93% Added +4.9k +4,926
57 Northeast Financial Consultants Inc 3.05% of their portfolio WESTPORT, CT 493,533493.5k $55.1m $55.1m 3.05% Reduced -2.1k -2,136
58 BANK OF HAWAII 2.84% of their portfolio HONOLULU, HI 475,827475.8k $53.1m $53.1m 2.84% Reduced -565 -565
59 AE Wealth Management LLC 0.27% of their portfolio TOPEKA, KS 471,894471.9k $53.3m $53.3m 0.27% Added +7.9k +7,891
60 Arlington Trust Co LLC 14.27% of their portfolio BIRMINGHAM, AL 456,274456.3k $50.9m $50.9m 14.27% Added +374.3k +374,301
61 Equitable Holdings, Inc. 0.63% of their portfolio NEW YORK, NY 454,847454.8k $50.8m $50.8m 0.63% Added +35.7k +35,708
62 Stratos Wealth Partners, LTD. 0.84% of their portfolio BEACHWOOD, OH 405,732405.7k $45.3m $45.3m 0.84% Added +22.6k +22,636
63 One Day In July LLC 6.79% of their portfolio BURLINGTON, VT 402,453402.5k $44.9m $44.9m 6.79% Added +23.2k +23,205
64 State of Wisconsin - Board of Commissioners of Public Lands 11.00% of their portfolio MADISON, WI 398,397398.4k $44.5m $44.5m 11.00% Unchanged
65 Private Advisor Group, LLC 0.35% of their portfolio MORRISTOWN, NJ 398,224398.2k $44.5m $44.5m 0.35% Added +26.6k +26,591
66 White Lighthouse Investment Management Inc. 9.59% of their portfolio BEDFORD, MA 392,358392.4k $43.8m $43.8m 9.59% Added +19.4k +19,366
67 Waldron Private Wealth LLC 2.07% of their portfolio BRIDGEVILLE, PA 390,403390.4k $43.6m $43.6m 2.07% Reduced -14.7k -14,655
68 INSPIRION WEALTH ADVISORS, LLC 7.78% of their portfolio LIBERTYVILLE, IL 384,330384.3k $43.2m $43.2m 7.78% Added +3.6k +3,598
69 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.12% of their portfolio PLYMOUTH, MN 372,121372.1k $41.5m $41.5m 0.12% Reduced -9.0k -9,018
70 Steward Partners Investment Advisory, LLC 0.55% of their portfolio STAMFORD, CT 364,841364.8k $40.7m $40.7m 0.55% Added +3.3k +3,303
71 Arlington Partners LLC 11.62% of their portfolio BIRMINGHAM, AL 362,097362.1k $40.4m $40.4m 11.62% Added +280.1k +280,124
72 M&T Bank Corp 0.15% of their portfolio BUFFALO, NY 355,615355.6k $39.7m $39.7m 0.15% Added +1.5k +1,462
73 MONETA GROUP INVESTMENT ADVISORS LLC 0.77% of their portfolio ST LOUIS, MO 351,121351.1k $39.2m $39.2m 0.77% Reduced -36.0k -35,964
74 Smithfield Trust Co 2.17% of their portfolio PITTSBURGH, PA 346,031346.0k $38.6m $38.6m 2.17% Added +18.4k +18,401
75 Atria Wealth Solutions, Inc. 0.45% of their portfolio NEW YORK, NY 318,822318.8k $35.6m $35.6m 0.45% Added +17.6k +17,583
76 BEACON FINANCIAL GROUP 4.27% of their portfolio DALLAS, TX 313,565313.6k $35.0m $35.0m 4.27% Added +8.0k +7,985
77 Cetera Advisors LLC 0.47% of their portfolio DENVER, CO 303,110303.1k $33.8m $33.8m 0.47% Reduced -5.0k -5,030
78 Twele Capital Management, Inc. 5.42% of their portfolio MINNETONKA, MN 302,072302.1k $33.7m $33.7m 5.42% Reduced -825 -825
79 MBM WEALTH CONSULTANTS, LLC 12.69% of their portfolio CHESTERFIELD, MO 299,727299.7k $34.0m $34.0m 12.69% Added +26.4k +26,403
80 Opus Capital Group, LLC 5.42% of their portfolio CINCINNATI, OH 299,026299.0k $33.4m $33.4m 5.42% Reduced -3.1k -3,112
81 Sabal Trust CO 1.98% of their portfolio ST. PETERSBURG, FL 288,935288.9k $32.3m $32.3m 1.98% Reduced -19.6k -19,609
82 US BANCORP \DE\ 0.05% of their portfolio MINNEAPOLIS, MN 286,534286.5k $32.0m $32.0m 0.05% Reduced -65.6k -65,649
83 KEYBANK NATIONAL ASSOCIATION/OH 0.14% of their portfolio BROOKLYN, OH 282,127282.1k $31.5m $31.5m 0.14% Reduced -3.7k -3,723
84 Conservest Capital Advisors, Inc. 3.31% of their portfolio WYNNEWOOD, PA 278,561278.6k $31.1m $31.1m 3.31% Reduced -814 -814
85 CoreCap Advisors, LLC 1.97% of their portfolio SOUTHFIELD, MI 273,454273.5k $30.5m $30.5m 1.97% Added +19.7k +19,658
86 Cornerstone Advisory, LLC 4.73% of their portfolio HUNT VALLEY, MD 271,947271.9k $30.4m $30.4m 4.73% Added +5.4k +5,351
87 Pinnacle Wealth Management Advisory Group, LLC 3.55% of their portfolio RED BANK, NJ 271,238271.2k $30.3m $30.3m 3.55% Added +4.4k +4,383
88 AVANTAX ADVISORY SERVICES, INC. 0.30% of their portfolio DALLAS, TX 267,849267.8k $29.9m $29.9m 0.30% Added +25.3k +25,251
89 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 264,907264.9k $29.6m $29.6m 0.05% Reduced -37.1k -37,101
90 Round Rock Advisors LLC 7.28% of their portfolio WILTON, CT 258,910258.9k $28.9m $28.9m 7.28% Reduced -4.2k -4,243
91 Envestnet Portfolio Solutions, Inc. 0.12% of their portfolio BERWYN, PA 257,880257.9k $28.8m $28.8m 0.12% Added +8.1k +8,054
92 Beacon Pointe Advisors, LLC 0.34% of their portfolio NEWPORT BEACH, CA 252,687252.7k $28.2m $28.2m 0.34% Reduced -80.4k -80,407
93 Highland Financial Advisors, LLC 12.24% of their portfolio WAYNE, NJ 252,206252.2k $28.2m $28.2m 12.24% Added +24.1k +24,094
94 CVS HEALTH Corp 14.52% of their portfolio WOONSOCKET, RI 252,032252.0k $28.1m $28.1m 14.52% Unchanged
95 Benchmark Wealth Management, LLC 16.61% of their portfolio OLD LYME, CT 251,649251.6k $28.1m $28.1m 16.61% Reduced -9.5k -9,523
96 Heartwood Wealth Advisors LLC 3.69% of their portfolio RICHMOND, VA 248,520248.5k $27.7m $27.7m 3.69% Reduced -380 -380
97 UNITED SERVICES AUTOMOBILE ASSOCIATION 0.61% of their portfolio SAN ANTONIO, TX 244,727244.7k $27.3m $27.3m 0.61% Reduced -1.8k -1,816
98 Salomon & Ludwin, LLC 2.59% of their portfolio RICHMOND, VA 241,219241.2k $24.8m $24.8m 2.59% Unchanged
99 Baltimore-Washington Financial Advisors, Inc. 1.87% of their portfolio Columbia, MD 241,058241.1k $26.9m $26.9m 1.87% Added +19.5k +19,454
100 GSG Advisors LLC 10.08% of their portfolio MOUNT LAUREL, NJ 239,894239.9k $26.8m $26.8m 10.08% Added +8.1k +8,144