Vault-13

VANGUARD WHITEHALL FDS VYM

HIGH DIV YLD · ETP · CUSIP 921946406

1,659 institutional holders +64 vs Q2 2024
176,253,914176.3m shares reported held*
$22.3bnreported value*
107 new 682 added 546 reduced 46 sold out net bought ≈ $601.5m (+4.8m 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 ($7.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $126.53. Options: 10 managers hold calls ($246.6m notional), 8 hold puts ($64.9m).

Trends to Q3 2024

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: 1,576Q1 24: 1,607Q2 24: 1,595Q3 24: 1,6591,659Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 20221,327
Q4 20221,470
Q1 20231,441
Q2 20231,460
Q3 20231,450
Q4 20231,576
Q1 20241,607
Q2 20241,595
Q3 20241,659

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 outQ1 23: 678 bought or addedQ1 23: 576 cut or sold outQ1 23Q2 23: 649 bought or addedQ2 23: 631 cut or sold outQ3 23: 607 bought or addedQ3 23: 655 cut or sold outQ3 23Q4 23: 630 bought or addedQ4 23: 681 cut or sold outQ1 24: 672 bought or addedQ1 24: 723 cut or sold outQ1 24Q2 24: 701 bought or addedQ2 24: 674 cut or sold outQ3 24: 789 bought or addedQ3 24: 592 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022768453
Q1 2023678576
Q2 2023649631
Q3 2023607655
Q4 2023630681
Q1 2024672723
Q2 2024701674
Q3 2024789592

Calls vs puts

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

CallsPuts
$0$100m$200m$300mQ4 23 calls: $144.2mQ4 23 puts: $34.2mQ4 23P/C 0.24Q1 24 calls: $217.6mQ1 24 puts: $54.5mQ1 24P/C 0.25Q2 24 calls: $208.3mQ2 24 puts: $17.3mQ2 24P/C 0.08Q3 24 calls: $246.6mQ3 24 puts: $64.9mQ3 24P/C 0.26
Numbers
QuarterCallsPutsP/C
Q4 2023$144.2m$34.2m0.24
Q1 2024$217.6m$54.5m0.25
Q2 2024$208.3m$17.3m0.08
Q3 2024$246.6m$64.9m0.26

Biggest buyers

Howard Capital Management, LLC New +1,044,243+1.0m
Mesirow Financial Investment Management, Inc. Added +552,003+552.0k
BARINGS LLC New +461,407+461.4k
CW Advisors, LLC Added +370,550+370.6k
BANK OF AMERICA CORP /DE/ Added +330,955+331.0k
MORGAN STANLEY Added +229,948+229.9k
Wolff Financial Management LLC New +208,549+208.5k
JONES FINANCIAL COMPANIES LLLP Added +197,011+197.0k
Steward Partners Investment Advisory, LLC Added +186,786+186.8k
Wellspring Financial Advisors, LLC Added +185,309+185.3k

Biggest sellers

Bell Bank Reduced -433,568-433.6k
State of Wisconsin - Board of Commissioners of Public Lands Sold out -398,397-398.4k
Strategic Financial Concepts, LLC Reduced -362,972-363.0k
OAK HILL WEALTH ADVISORS, LLC Sold out -182,295-182.3k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -153,312-153.3k
Focus Partners Wealth Reduced -144,001-144.0k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -112,368-112.4k
Benchmark Wealth Management, LLC Reduced -106,019-106.0k
BANK OF HAWAII Reduced -90,329-90.3k
Highland Financial Advisors, LLC Reduced -61,907-61.9k

Biggest calls

CITADEL ADVISORS LLC Added $122.0m951.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $73.4m572.7k shares
JANE STREET GROUP, LLC Reduced $15.1m117.5k shares
Twin Tree Management, LP Added $13.6m106.3k shares
Walleye Trading LLC Added $12.6m98.5k shares
WOLVERINE TRADING, LLC Added $5.5m42.9k shares
IMC-Chicago, LLC New $2.1m16.6k shares
GROUP ONE TRADING LLC Added $1.8m13.7k shares
Squarepoint Ops LLC Reduced $461.5k3.6k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $26.1m203.2k shares
OAK HILL WEALTH ADVISORS, LLC New $16.8m130.8k shares
Annandale Capital, LLC New $10.5m100.0k shares
CITADEL ADVISORS LLC Added $8.2m64.3k shares
WOLVERINE TRADING, LLC Reduced $2.0m16.0k shares
Squarepoint Ops LLC Reduced $461.5k3.6k shares
JANE STREET GROUP, LLC New $448.7k3.5k shares
WELLS FARGO & COMPANY/MN Reduced $384.6k3.0k 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 SUMITOMO LIFE INSURANCE CO 38.09% of their portfolio TOKYO, M0 15,133,32215.1m $1.9bn $1.9bn 38.09% Unchanged
2 BANK OF AMERICA CORP /DE/ 0.13% of their portfolio CHARLOTTE, NC 11,330,90711.3m $1.5bn $1.5bn 0.13% Added +331.0k +330,955
3 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 9,676,1859.7m $1.2bn $1.2bn 0.09% Added +229.9k +229,948
4 LPL Financial LLC 0.31% of their portfolio FORT MILL, SC 5,399,5495.4m $692.2m $692.2m 0.31% Added +175.9k +175,871
5 ENVESTNET ASSET MANAGEMENT INC 0.21% of their portfolio Berwyn, PA 5,028,1125.0m $644.6m $644.6m 0.21% Added +27.5k +27,470
6 WELLS FARGO & COMPANY/MN 0.14% of their portfolio SAN FRANCISCO, CA 4,564,2664.6m $585.1m $585.1m 0.14% Added +26.4k +26,402
7 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 4,329,3624.3m $555.0m $555.0m 0.02% Added +18.7k +18,726
8 Raymond James Financial Services Advisors, Inc. 0.69% of their portfolio ST. PETERSBURG, FL 4,025,8124.0m $516.1m $516.1m 0.69% Added +73.0k +73,033
9 Creative Planning 0.47% of their portfolio OVERLAND PARK, KS 3,685,9873.7m $472.5m $472.5m 0.47% Reduced -47.6k -47,616
10 AMERIPRISE FINANCIAL INC 0.11% of their portfolio MINNEAPOLIS, MN 3,340,8563.3m $428.2m $428.2m 0.11% Added +86.8k +86,780
11 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 3,258,0983.3m $417.7m $417.7m 0.01% Added +6.7k +6,650
12 RAYMOND JAMES & ASSOCIATES 0.25% of their portfolio ST PETERSBURG, FL 3,205,6723.2m $411.0m $411.0m 0.25% Reduced -44.0k -43,950
13 UBS Group AG 0.10% of their portfolio ZURICH, V8 2,897,7332.9m $371.5m $371.5m 0.10% Reduced -8.2k -8,218
14 MERCER GLOBAL ADVISORS INC /ADV 0.69% of their portfolio DENVER, CO 2,333,3322.3m $294.8m $294.8m 0.69% Added +106.5k +106,514
15 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 2,312,8562.3m $296.5m $296.5m 0.07% Added +46.8k +46,849
16 Wellspring Financial Advisors, LLC 5.45% of their portfolio CLEVELAND, OH 2,296,2272.3m $45.7m $45.7m 5.45% Added +185.3k +185,309
17 COMMONWEALTH EQUITY SERVICES, LLC 0.42% of their portfolio WALTHAM, MA 2,163,8422.2m $277.4m $277.4m 0.42% Added +36.2k +36,239
18 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 2,000,6592.0m $256.5m $256.5m 0.05% Reduced -25.2k -25,153
19 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.21% of their portfolio Toronto, A6 1,889,7751.9m $242.3m $242.3m 0.21% Added +121.1k +121,099
20 Janney Montgomery Scott LLC 0.64% of their portfolio PHILADELPHIA, PA 1,785,4001.8m $228.9m $228.9m 0.64% Added +19.2k +19,205
21 Edge Capital Group, LLC 9.08% of their portfolio ATLANTA, GA 1,597,8951.6m $204.9m $204.9m 9.08% Reduced -9.6k -9,556
22 Cetera Investment Advisers 0.44% of their portfolio SCHAUMBURG, IL 1,586,5301.6m $203.4m $203.4m 0.44% Added +3.2k +3,187
23 Pathstone Holdings, LLC 0.84% of their portfolio ENGLEWOOD, NJ 1,464,1741.5m $187.7m $187.7m 0.84% Reduced -1.4k -1,400
24 JONES FINANCIAL COMPANIES LLLP 0.19% of their portfolio DES PERES, MO 1,431,8991.4m $183.0m $183.0m 0.19% Added +197.0k +197,011
25 Meiji Yasuda Life Insurance Co 3.25% of their portfolio TOKYO, M0 1,370,7671.4m $175.7m $175.7m 3.25% Unchanged
26 STIFEL FINANCIAL CORP 0.17% of their portfolio ST. LOUIS, MO 1,283,8351.3m $164.6m $164.6m 0.17% Reduced -5.7k -5,698
27 Mesirow Financial Investment Management, Inc. 2.72% of their portfolio CHICAGO, IL 1,097,2181.1m $140.7m $140.7m 2.72% Added +552.0k +552,003
28 Rakuten Investment Management, Inc. 0.79% of their portfolio TOKYO, M0 1,058,8541.1m $135.3m $135.3m 0.79% Added +59.4k +59,400
29 Howard Capital Management, LLC 2.20% of their portfolio Alpharetta, GA 1,044,2431.0m $133.9m $133.9m 2.20% New
30 Kestra Advisory Services, LLC 0.72% of their portfolio AUSTIN, TX 1,016,6911.0m $130.3m $130.3m 0.72% Reduced -16.8k -16,752
31 HighTower Advisors, LLC 0.18% of their portfolio CHICAGO, IL 1,007,4561.0m $129.2m $129.2m 0.18% Added +273 +273
32 TRUIST FINANCIAL CORP 0.19% of their portfolio CHARLOTTE, NC 938,967939.0k $120.4m $120.4m 0.19% Reduced -34.1k -34,148
33 OSAIC HOLDINGS, INC. 0.27% of their portfolio SCOTTSDALE, AZ 936,662936.7k $120.1m $120.1m 0.27% Reduced -10.7k -10,653
34 PNC Financial Services Group, Inc. 0.08% of their portfolio Pittsburgh, PA 933,715933.7k $119.7m $119.7m 0.08% Added +295 +295
35 Joel Isaacson & Co., LLC 5.47% of their portfolio NEW YORK, NY 895,371895.4k $114.8m $114.8m 5.47% Added +13.3k +13,350
36 Wharton Business Group, LLC 5.15% of their portfolio MALVERN, PA 894,801894.8k $114.7m $114.7m 5.15% Added +148.2k +148,184
37 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 894,600894.6k $114.7m $114.7m 0.02% Reduced -112.4k -112,368
38 Cambridge Investment Research Advisors, Inc. 0.35% of their portfolio FAIRFIELD, IA 804,162804.2k $103.1m $103.1m 0.35% Added +19.2k +19,181
39 Florida Trust Wealth Management Co 3.23% of their portfolio SANIBEL, FL 787,645787.6k $101.0m $101.0m 3.23% Reduced -4.7k -4,740
40 Auto-Owners Insurance Co 2.27% of their portfolio LANSING, MI 724,200724.2k $92.8m $92.8m 2.27% Unchanged
41 CAPTRUST FINANCIAL ADVISORS 0.27% of their portfolio RALEIGH, NC 720,088720.1k $92.3m $92.3m 0.27% Added +46.8k +46,819
42 Allworth Financial LP 0.52% of their portfolio FOLSOM, CA 670,264670.3k $85.9m $85.9m 0.52% Added +1.4k +1,355
43 Stratos Wealth Partners, LTD. 1.22% of their portfolio BEACHWOOD, OH 658,514658.5k $84.4m $84.4m 1.22% Added +83.2k +83,199
44 Martel Wealth Advisors LLC 17.04% of their portfolio VANCOUVER, WA 647,265647.3k $83.3m $83.3m 17.04% Added +2.3k +2,264
45 D.A. DAVIDSON & CO. 0.68% of their portfolio GREAT FALLS, MT 640,341640.3k $82.1m $82.1m 0.68% Added +5.4k +5,411
46 BANK OF MONTREAL /CAN/ 0.04% of their portfolio TORONTO, A6 606,562606.6k $77.5m $77.5m 0.04% Reduced -45.2k -45,242
47 Cerity Partners LLC 0.16% of their portfolio NEW YORK, NY 565,579565.6k $72.5m $72.5m 0.16% Added +79.2k +79,198
48 Steward Partners Investment Advisory, LLC 0.67% of their portfolio STAMFORD, CT 564,547564.5k $72.4m $72.4m 0.67% Added +186.8k +186,786
49 HCR Wealth Advisors 9.38% of their portfolio LOS ANGELES, CA 558,839558.8k $71.6m $71.6m 9.38% Added +6.9k +6,856
50 One Day In July LLC 7.95% of their portfolio BURLINGTON, VT 551,206551.2k $70.7m $70.7m 7.95% Added +43.4k +43,395
51 MML INVESTORS SERVICES, LLC 0.26% of their portfolio SPRINGFIELD, MA 549,313549.3k $70.4m $70.4m 0.26% Added +14.3k +14,340
52 MARINO, STRAM & ASSOCIATES LLC 15.49% of their portfolio BRAINTREE, MA 541,374541.4k $69.4m $69.4m 15.49% Added +12.0k +11,951
53 Mariner, LLC 0.12% of their portfolio Overland Park, KS 514,803514.8k $66.0m $66.0m 0.12% Added +12.4k +12,383
54 PINNACLE ASSOCIATES LTD 0.94% of their portfolio NEW YORK, NY 494,722494.7k $55.2m $55.2m 0.94% Reduced -6.3k -6,254
55 Equitable Holdings, Inc. 0.60% of their portfolio NEW YORK, NY 483,822483.8k $62.0m $62.0m 0.60% Added +10.6k +10,603
56 Northeast Financial Consultants Inc 2.64% of their portfolio WESTPORT, CT 471,804471.8k $60.5m $60.5m 2.64% Reduced -6.2k -6,235
57 BARINGS LLC 1.38% of their portfolio CHARLOTTE, NC 461,407461.4k $59.2m $59.2m 1.38% New
58 ASSETMARK, INC 0.17% of their portfolio CONCORD, CA 456,176456.2k $58.5m $58.5m 0.17% Added +299 +299
59 Arlington Trust Co LLC 12.48% of their portfolio BIRMINGHAM, AL 446,832446.8k $57.3m $57.3m 12.48% Reduced -13.4k -13,366
60 Baird Financial Group, Inc. 0.11% of their portfolio MILWAUKEE, WI 437,739437.7k $56.1m $56.1m 0.11% Added +19.8k +19,839
61 INSPIRION WEALTH ADVISORS, LLC 7.73% of their portfolio LIBERTYVILLE, IL 431,306431.3k $55.3m $55.3m 7.73% Added +14.2k +14,206
62 White Lighthouse Investment Management Inc. 9.89% of their portfolio BEDFORD, MA 430,002430.0k $55.1m $55.1m 9.89% Added +13.0k +13,037
63 Operose Advisors LLC 16.98% of their portfolio MILWAUKEE, WI 409,578409.6k $52.5m $52.5m 16.98% Reduced -29.2k -29,225
64 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.11% of their portfolio PLYMOUTH, MN 396,979397.0k $50.9m $50.9m 0.11% Reduced -17.6k -17,623
65 Smithfield Trust Co 2.47% of their portfolio PITTSBURGH, PA 393,261393.3k $50.4m $50.4m 2.47% Added +8.4k +8,367
66 BANK OF HAWAII 2.04% of their portfolio HONOLULU, HI 380,538380.5k $48.8m $48.8m 2.04% Reduced -90.3k -90,329
67 CW Advisors, LLC 0.64% of their portfolio BOSTON, MA 376,537376.5k $48.3m $48.3m 0.64% Added +370.6k +370,550
68 Waldron Private Wealth LLC 2.00% of their portfolio BRIDGEVILLE, PA 375,322375.3k $48.1m $48.1m 2.00% Reduced -11.2k -11,208
69 Private Advisor Group, LLC 0.30% of their portfolio MORRISTOWN, NJ 372,502372.5k $47.8m $47.8m 0.30% Reduced -52.0k -51,966
70 Atria Wealth Solutions, Inc. 0.51% of their portfolio NEW YORK, NY 368,466368.5k $47.2m $47.2m 0.51% Added +2.4k +2,426
71 M&T Bank Corp 0.14% of their portfolio BUFFALO, NY 329,779329.8k $42.3m $42.3m 0.14% Reduced -17.4k -17,427
72 Waverly Advisors, LLC 0.76% of their portfolio BIRMINGHAM, AL 319,979320.0k $41.0m $41.0m 0.76% Added +9.0k +8,975
73 MONETA GROUP INVESTMENT ADVISORS LLC 0.59% of their portfolio ST LOUIS, MO 315,758315.8k $40.5m $40.5m 0.59% Reduced -17.2k -17,217
74 MBM WEALTH CONSULTANTS, LLC 12.62% of their portfolio CHESTERFIELD, MO 312,060312.1k $40.0m $40.0m 12.62% Added +6.6k +6,560
75 Cornerstone Advisory, LLC 5.17% of their portfolio HUNT VALLEY, MD 306,653306.7k $39.3m $39.3m 5.17% Added +15.3k +15,283
76 Baltimore-Washington Financial Advisors, Inc. 2.09% of their portfolio Columbia, MD 302,119302.1k $38.7m $38.7m 2.09% Added +13.5k +13,476
77 Twele Capital Management, Inc. 7.90% of their portfolio MINNETONKA, MN 293,401293.4k $37.6m $37.6m 7.90% Added +480 +480
78 Pinnacle Wealth Management Advisory Group, LLC 3.47% of their portfolio RED BANK, NJ 283,036283.0k $36.3m $36.3m 3.47% Added +5.8k +5,780
79 Sabal Trust CO 1.96% of their portfolio ST. PETERSBURG, FL 280,521280.5k $36.0m $36.0m 1.96% Reduced -6.2k -6,225
80 Corient Private Wealth LP 0.06% of their portfolio MIAMI, FL 278,940278.9k $35.8m $35.8m 0.06% Added +9.9k +9,941
81 NewEdge Advisors, LLC 0.23% of their portfolio NEW ORLEANS, LA 275,754275.8k $35.4m $35.4m 0.23% Reduced -3.7k -3,718
82 Zhang Financial LLC 2.22% of their portfolio PORTAGE, MI 274,419274.4k $35.2m $35.2m 2.22% Added +19.9k +19,931
83 AVANTAX ADVISORY SERVICES, INC. 0.23% of their portfolio DALLAS, TX 273,235273.2k $35.0m $35.0m 0.23% Added +72 +72
84 Round Rock Advisors LLC 8.01% of their portfolio WILTON, CT 267,375267.4k $34.3m $34.3m 8.01% Added +3.2k +3,213
85 Heartwood Wealth Advisors LLC 3.74% of their portfolio RICHMOND, VA 263,606263.6k $33.8m $33.8m 3.74% Added +2.8k +2,785
86 Conservest Capital Advisors, Inc. 3.25% of their portfolio WYNNEWOOD, PA 262,108262.1k $31.7m $31.7m 3.25% Added +43.9k +43,853
87 Bell Bank 3.93% of their portfolio FARGO, ND 258,946258.9k $33.2m $33.2m 3.93% Reduced -433.6k -433,568
88 KEYBANK NATIONAL ASSOCIATION/OH 0.13% of their portfolio BROOKLYN, OH 256,897256.9k $32.9m $32.9m 0.13% Reduced -5.5k -5,550
89 CVS HEALTH Corp 14.04% of their portfolio WOONSOCKET, RI 252,032252.0k $32.3m $32.3m 14.04% Unchanged
90 BEACON FINANCIAL GROUP 3.49% of their portfolio DALLAS, TX 251,412251.4k $32.2m $32.2m 3.49% Reduced -7.3k -7,294
91 Iron Horse Wealth Management, LLC 10.74% of their portfolio JOHSTON, IA 245,198245.2k $31.4m $31.4m 10.74% Added +11.9k +11,926
92 Opus Capital Group, LLC 3.91% of their portfolio CINCINNATI, OH 244,291244.3k $31.3m $31.3m 3.91% Reduced -35.1k -35,141
93 SEI INVESTMENTS CO 0.04% of their portfolio OAKS, PA 242,074242.1k $31.0m $31.0m 0.04% Added +23.4k +23,387
94 ACT WEALTH MANAGEMENT, LLC 13.67% of their portfolio PLANO, TX 240,585240.6k $30.8m $30.8m 13.67% Added +3.9k +3,859
95 Sanctuary Advisors, LLC 0.20% of their portfolio INDIANAPOLIS, IN 234,055234.1k $31.3m $31.3m 0.20% Added +3.1k +3,131
96 Focus Financial Network, Inc. 1.22% of their portfolio MINNEAPOLIS, MN 232,819232.8k $29.8m $29.8m 1.22% Reduced -475 -475
97 Human Investing LLC 5.39% of their portfolio LAKE OSWEGO, OR 232,313232.3k $29.8m $29.8m 5.39% Reduced -1.6k -1,556
98 Beacon Pointe Advisors, LLC 0.34% of their portfolio NEWPORT BEACH, CA 231,878231.9k $29.7m $29.7m 0.34% Reduced -4.6k -4,617
99 Mittelman Wealth Management 16.56% of their portfolio ANDOVER, MA 227,342227.3k $29.1m $29.1m 16.56% Added +140.6k +140,604
100 REBALANCE, LLC 2.12% of their portfolio PALO ALTO, CA 225,407225.4k $28.9m $28.9m 2.12% Reduced -2.6k -2,577