Vault-13

VANGUARD MALVERN FDS VTIP

STRM INFPROIDX · ETP · CUSIP 922020805

814 institutional holders +28 vs Q3 2022
198,249,702198.2m shares reported held*
$9.3bnreported value*
66 new 258 added 360 reduced 74 sold out net sold ≈ $218.3m (-4.3m 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 ($7.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $46.80. Options: 6 managers hold calls ($6.1m notional), 3 hold puts ($2.7m).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 786Q4 22: 814814Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022786
Q4 2022814

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 22 calls: $9.7mQ3 22 puts: $2.5mQ3 22P/C 0.26Q4 22 calls: $6.1mQ4 22 puts: $2.7mQ4 22P/C 0.43
Numbers
QuarterCallsPutsP/C
Q3 2022$9.7m$2.5m0.26
Q4 2022$6.1m$2.7m0.43

Biggest buyers

Gibson Wealth Advisors LLC Added +19,442,048+19.4m
GOLDMAN SACHS GROUP INC Added +9,487,146+9.5m
Heritage Wealth Advisors New +4,289,019+4.3m
SEI INVESTMENTS CO Added +994,254+994.3k
GenTrust, LLC New +845,682+845.7k
SATOVSKY ASSET MANAGEMENT LLC Added +776,266+776.3k
JANE STREET GROUP, LLC Added +495,346+495.3k
Morningstar Investment Services LLC New +411,387+411.4k
Executive Wealth Management, LLC Added +362,070+362.1k
Capital Asset Advisory Services LLC New +281,851+281.9k

Biggest sellers

FMR LLC Reduced -21,345,416-21.3m
MORGAN STANLEY Reduced -2,444,215-2.4m
Betterment LLC Reduced -1,707,662-1.7m
AMERIPRISE FINANCIAL INC Reduced -1,671,635-1.7m
WELLS FARGO & COMPANY/MN Reduced -1,289,914-1.3m
Valmark Advisers, Inc. Reduced -1,241,841-1.2m
BANK OF AMERICA CORP /DE/ Reduced -876,045-876.0k
UBS Group AG Reduced -762,991-763.0k
Efficient Advisors, LLC Sold out -666,164-666.2k
Northwest Quadrant Wealth Management, LLC Sold out -561,885-561.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.9m62.4k shares
CITADEL ADVISORS LLC Reduced $1.8m38.1k shares
SIMPLEX TRADING, LLC Added $929.0k19.9k shares
Paladin Advisory Group, LLC Added $458.4k9.8k shares
GROUP ONE TRADING LLC New $51.4k1.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Belvedere Trading LLC New $2.3m50.0k shares
CITADEL ADVISORS LLC Added $331.6k7.1k 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, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Gibson Wealth Advisors LLC 18.22% of their portfolio TYLER, TX 19,884,00919.9m $947.3m $947.3m 18.22% Added +19.4m +19,442,048
2 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 16,337,83116.3m $763.1m $763.1m 0.09% Reduced -2.4m -2,444,215
3 GOLDMAN SACHS GROUP INC 0.16% of their portfolio NEW YORK, NY 11,822,49811.8m $552.2m $552.2m 0.16% Added +9.5m +9,487,146
4 Betterment LLC 1.32% of their portfolio NEW YORK, NY 8,239,0338.2m $384.8m $384.8m 1.32% Reduced -1.7m -1,707,662
5 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 7,998,8538.0m $373.6m $373.6m 0.05% Reduced -876.0k -876,045
6 SEI INVESTMENTS CO 0.65% of their portfolio OAKS, PA 6,224,4096.2m $290.7m $290.7m 0.65% Added +994.3k +994,254
7 WELLS FARGO & COMPANY/MN 0.07% of their portfolio SAN FRANCISCO, CA 4,771,3524.8m $222.9m $222.9m 0.07% Reduced -1.3m -1,289,914
8 Valmark Advisers, Inc. 5.09% of their portfolio AKRON, OH 4,718,2984.7m $220.4m $220.4m 5.09% Reduced -1.2m -1,241,841
9 UBS Group AG 0.10% of their portfolio ZURICH, V8 4,554,6264.6m $212.7m $212.7m 0.10% Reduced -763.0k -762,991
10 Heritage Wealth Advisors 11.60% of their portfolio RICHMOND, VA 4,289,0194.3m $200.3m $200.3m 11.60% New
11 FMR LLC 0.02% of their portfolio BOSTON, MA 3,830,4773.8m $178.9m $178.9m 0.02% Reduced -21.3m -21,345,416
12 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.20% of their portfolio MILWAUKEE, WI 2,834,0332.8m $132.4m $132.4m 0.20% Reduced -523.1k -523,082
13 LPL Financial LLC 0.10% of their portfolio FORT MILL, SC 2,620,0502.6m $122.4m $122.4m 0.10% Reduced -544.8k -544,779
14 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 5.07% of their portfolio Seattle, WA 2,304,8722.3m $107.7m $107.7m 5.07% Reduced -94.0k -93,982
15 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 2,175,3822.2m $101.9m $101.9m 0.03% Reduced -1.7m -1,671,635
16 TD AMERITRADE INVESTMENT MANAGEMENT, LLC 1.02% of their portfolio OMAHA, NE 2,168,3192.2m $101.3m $101.3m 1.02% Reduced -401.2k -401,159
17 JANE STREET GROUP, LLC 0.19% of their portfolio NEW YORK, NY 2,109,0402.1m $98.5m $98.5m 0.19% Added +495.3k +495,346
18 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 2,052,3522.1m $95.9m $95.9m 0.05% Added +226.8k +226,815
19 OSAIC HOLDINGS, INC. 0.16% of their portfolio SCOTTSDALE, AZ 1,740,3081.7m $81.3m $81.3m 0.16% Added +93.1k +93,116
20 Alesco Advisors, LLC, An ESL Co 3.10% of their portfolio Pittsford, NY 1,712,6811.7m $80.0m $80.0m 3.10% Added +8.5k +8,545
21 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,702,9561.7m $79.5m $79.5m 0.02% Reduced -487.7k -487,696
22 BUCKINGHAM STRATEGIC WEALTH, LLC 1.40% of their portfolio CLAYTON, MO 1,650,4931.7m $77.1m $77.1m 1.40% Reduced -117.1k -117,121
23 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,489,2131.5m $69.6m $69.6m 0.01% Added +56.1k +56,107
24 FRANKLIN RESOURCES INC 0.04% of their portfolio San Mateo, CA 1,486,1831.5m $69.4m $69.4m 0.04% Added +5.6k +5,557
25 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 1,475,8811.5m $68.9m $68.9m 0.02% Reduced -9.1k -9,073
26 HighTower Advisors, LLC 0.14% of their portfolio CHICAGO, IL 1,349,0321.3m $63.0m $63.0m 0.14% Added +92.2k +92,208
27 Park Avenue Institutional Advisers LLC 85.17% of their portfolio New York, NY 1,320,7001.3m $63.5m $63.5m 85.17% Reduced -49.0k -49,000
28 Raymond James Financial Services Advisors, Inc. 0.11% of their portfolio ST. PETERSBURG, FL 1,217,8541.2m $56.9m $56.9m 0.11% Reduced -226.3k -226,271
29 STIFEL FINANCIAL CORP 0.08% of their portfolio ST. LOUIS, MO 1,133,3151.1m $52.9m $52.9m 0.08% Added +27.4k +27,357
30 Klingman & Associates, LLC 4.60% of their portfolio New York, NY 1,123,2541.1m $52.5m $52.5m 4.60% Reduced -205.2k -205,228
31 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 3.96% of their portfolio BOSTON, MA 1,098,9741.1m $51.3m $51.3m 3.96% Added +14.8k +14,761
32 Campbell Wealth Management 6.84% of their portfolio ALEXANDRIA, VA 1,051,5651.1m $49.1m $49.1m 6.84% Added +41.4k +41,363
33 COMMONWEALTH EQUITY SERVICES, LLC 0.11% of their portfolio WALTHAM, MA 978,746978.7k $45.7m $45.7m 0.11% Reduced -115.4k -115,389
34 Adventist Health System/ West 9.88% of their portfolio Roseville, CA 966,530966.5k $45.1m $45.1m 9.88% Unchanged
35 Beaird Harris Wealth Management, LLC 8.12% of their portfolio DALLAS, TX 929,704929.7k $43.4m $43.4m 8.12% Reduced -45.3k -45,317
36 SATOVSKY ASSET MANAGEMENT LLC 17.65% of their portfolio NEW YORK, NY 916,313916.3k $42.6m $42.6m 17.65% Added +776.3k +776,266
37 GenTrust, LLC 3.52% of their portfolio MIAMI, FL 845,682845.7k $39.5m $39.5m 3.52% New
38 Wealthfront Advisers LLC 0.18% of their portfolio Palo Alto, CA 790,089790.1k $36.9m $36.9m 0.18% Reduced -458.2k -458,247
39 CoreCap Advisors, LLC 2.62% of their portfolio SOUTHFIELD, MI 784,329784.3k $36.6m $36.6m 2.62% Added +16.4k +16,363
40 Column Capital Advisors, LLC 0.48% of their portfolio INDIANAPOLIS, IN 729,462729.5k $2.9m $2.9m 0.48% Reduced -42.0k -42,048
41 MML INVESTORS SERVICES, LLC 0.22% of their portfolio SPRINGFIELD, MA 726,181726.2k $33.9m $33.9m 0.22% Reduced -707 -707
42 Corient Private Wealth LP 0.12% of their portfolio MIAMI, FL 712,072712.1k $33.3m $33.3m 0.12% First filing
43 True Link Financial Advisors, LLC 4.50% of their portfolio SAN FRANCISCO, CA 711,004711.0k $33.2m $33.2m 4.50% Added +40.5k +40,495
44 Bleakley Financial Group, LLC 1.12% of their portfolio PARSIPPANY, NJ 672,650672.6k $31.4m $31.4m 1.12% First filing
45 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 655,882655.9k $30.6m $30.6m 0.03% Reduced -3.7k -3,671
46 Elwood & Goetz Wealth Advisory Group, LLC 9.25% of their portfolio ATHENS, GA 649,975650.0k $30.4m $30.4m 9.25% Added +35.7k +35,658
47 Creative Planning 0.04% of their portfolio OVERLAND PARK, KS 635,731635.7k $29.7m $29.7m 0.04% Added +184.4k +184,401
48 Cambridge Investment Research Advisors, Inc. 0.15% of their portfolio FAIRFIELD, IA 616,432616.4k $28.8m $28.8m 0.15% Added +47.5k +47,458
49 Focus Partners Advisor Solutions, LLC 2.20% of their portfolio SAINT LOUIS, MO 609,472609.5k $28.5m $28.5m 2.20% Added +6.2k +6,239
50 ASSETMARK, INC 0.12% of their portfolio CONCORD, CA 591,589591.6k $27.6m $27.6m 0.12% Added +26.0k +26,010
51 Abbrea Capital, LLC 4.98% of their portfolio Greenbrae, CA 591,456591.5k $27.6m $27.6m 4.98% Reduced -137.8k -137,805
52 Vectors Research Management, LLC 6.93% of their portfolio New York, NY 572,912572.9k $26.8m $26.8m 6.93% Added +2.9k +2,892
53 FIRST HAWAIIAN BANK 0.96% of their portfolio HONOLULU, HI 572,867572.9k $26.8m $26.8m 0.96% Added +2.6k +2,572
54 Avion Wealth 8.15% of their portfolio THE WOODLANDS, TX 544,067544.1k $26.2m $26.2m 8.15% Unchanged
55 HNP Capital LLC 7.09% of their portfolio ROCHESTER, NY 543,120543.1k $25.4m $25.4m 7.09% Reduced -6.2k -6,166
56 Morningstar Investment Management LLC 4.21% of their portfolio CHICAGO, IL 533,630533.6k $24.9m $24.9m 4.21% Added +98.5k +98,485
57 Marotta Asset Management 5.99% of their portfolio CHARLOTTESVILLE, VA 533,410533.4k $24.9m $24.9m 5.99% Reduced -102.6k -102,558
58 Virtue Capital Management, LLC 3.80% of their portfolio BRENTWOOD, TN 533,289533.3k $24.9m $24.9m 3.80% Reduced -66.5k -66,504
59 TRUST CO OF VERMONT 1.81% of their portfolio BRATTLEBORO, VT 529,239529.2k $24.7m $24.7m 1.81% Reduced -8.7k -8,683
60 Long Run Wealth Advisors, LLC 8.61% of their portfolio Lake Placid, NY 512,441512.4k $23.9m $23.9m 8.61% Added +16.3k +16,278
61 MOLLER WEALTH PARTNERS 7.57% of their portfolio NORTHFIELD, IL 504,451504.5k $23.6m $23.6m 7.57% Added +22.9k +22,887
62 North Star Investment Management Corp. 2.07% of their portfolio CHICAGO, IL 498,697498.7k $23.3m $23.3m 2.07% Reduced -144.8k -144,771
63 Systematic Alpha Investments, LLC 1.17% of their portfolio PRINCETON, NJ 495,000495.0k $23.1m $23.1m 1.17% Unchanged
64 Deane Retirement Strategies, Inc. 12.53% of their portfolio NEW ORLEANS, LA 481,060481.1k $22.5m $22.5m 12.53% Reduced -68.7k -68,714
65 Money Design Co.,Ltd. 0.76% of their portfolio TOKYO, M0 478,406478.4k $22.3m $22.3m 0.76% Added +75.2k +75,218
66 FLOW TRADERS U.S. LLC 1.12% of their portfolio NEW YORK, NY 477,026477.0k $22.3m $22.3m 1.12% Added +121.3k +121,270
67 Compton Financial Group, LLC 9.35% of their portfolio TOWSON, MD 476,891476.9k $22.3m $22.3m 9.35% Added +20.9k +20,877
68 Janney Montgomery Scott LLC 0.08% of their portfolio PHILADELPHIA, PA 454,495454.5k $21.2m $21.2m 0.08% Reduced -50 -50
69 Alaska Permanent Capital Management, LLC 2.14% of their portfolio ANCHORAGE, AK 446,033446.0k $20.8m $20.8m 2.14% Reduced -29.4k -29,362
70 AdvisorNet Financial, Inc 1.91% of their portfolio MINNETONKA, MN 416,379416.4k $19.4m $19.4m 1.91% Added +20.9k +20,945
71 Morningstar Investment Services LLC 0.26% of their portfolio CHICAGO, IL 411,387411.4k $19.2m $19.2m 0.26% New
72 Barry Investment Advisors, LLC 6.03% of their portfolio NEW BEDFORD, MA 408,897408.9k $19.1m $19.1m 6.03% Reduced -13.5k -13,489
73 Atria Wealth Solutions, Inc. 0.30% of their portfolio NEW YORK, NY 399,353399.4k $18.7m $18.7m 0.30% Added +49.0k +49,026
74 Kestra Advisory Services, LLC 0.16% of their portfolio AUSTIN, TX 396,796396.8k $18.5m $18.5m 0.16% Added +117.2k +117,232
75 SMI Advisory Services, LLC 6.12% of their portfolio COLUMBUS, IN 392,569392.6k $18.9m $18.9m 6.12% Unchanged
76 Executive Wealth Management, LLC 2.22% of their portfolio BRIGHTON, MI 387,863387.9k $18.1m $18.1m 2.22% Added +362.1k +362,070
77 Cetera Advisor Networks LLC 0.14% of their portfolio EL SEGUNDO, CA 380,980381.0k $17.8m $17.8m 0.14% Added +15.0k +15,017
78 TWIN FOCUS CAPITAL PARTNERS, LLC 3.71% of their portfolio Boston, MA 380,186380.2k $17.8m $17.8m 3.71% Added +210.9k +210,851
79 ProVise Management Group, LLC 1.79% of their portfolio CLEARWATER, FL 378,544378.5k $17.7m $17.7m 1.79% Added +178.0k +177,999
80 FARMERS & MERCHANTS INVESTMENTS INC 0.72% of their portfolio LINCOLN, NE 373,412373.4k $17.4m $17.4m 0.72% Reduced -20.6k -20,552
81 FINANCIAL CONSULATE, INC 5.97% of their portfolio HUNT VALLEY, MD 365,875365.9k $17.1m $17.1m 5.97% Added +12.6k +12,567
82 VAN STRUM & TOWNE INC. 7.30% of their portfolio SAN FRANCISCO, CA 363,110363.1k $17.0m $17.0m 7.30% Reduced -4.9k -4,900
83 AJ WEALTH STRATEGIES, LLC 0.89% of their portfolio NEW YORK, NY 362,667362.7k $16.9m $16.9m 0.89% Added +124.7k +124,711
84 Financial Architects, Inc 2.79% of their portfolio MARLTON, NJ 359,987360.0k $16.8m $16.8m 2.79% Reduced -64.6k -64,552
85 Rappaport Reiches Capital Management, LLC 8.12% of their portfolio SKOKIE`, IL 352,053352.1k $16.4m $16.4m 8.12% Added +23.4k +23,399
86 B. Riley Wealth Advisors, Inc. 0.46% of their portfolio MEMPHIS, TN 348,713348.7k $16.3m $16.3m 0.46% Added +2.7k +2,652
87 Wealthspire Advisors, LLC 0.29% of their portfolio NEW YORK, NY 345,662345.7k $16.1m $16.1m 0.29% Reduced -46.3k -46,262
88 THOMPSON SIEGEL & WALMSLEY LLC 0.26% of their portfolio RICHMOND, VA 341,815341.8k $16.0m $16.0m 0.26% Reduced -290.6k -290,550
89 Graves Light Lenhart Wealth, Inc. 2.42% of their portfolio HARRISONBURG, VA 337,017337.0k $15.7m $15.7m 2.42% Reduced -1.1k -1,098
90 Baron Financial Group, LLC 10.31% of their portfolio Fair Lawn, NJ 332,923332.9k $15.6m $15.6m 10.31% Reduced -9.3k -9,265
91 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 328,522328.5k $15.3m $15.3m 0.03% Added +25.0k +24,999
92 Cypress Capital, LLC 4.76% of their portfolio FRANKLIN, TN 325,339325.3k $15.2m $15.2m 4.76% Reduced -11.0k -10,980
93 Banco Santander, S.A. 0.22% of their portfolio Madrid, U3 316,849316.8k $14.8m $14.8m 0.22% Reduced -108.1k -108,115
94 Brickley Wealth Management 4.37% of their portfolio SAN MATEO, CA 314,834314.8k $14.7m $14.7m 4.37% Reduced -13.2k -13,174
95 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 311,894311.9k $14.6m $14.6m 0.02% Reduced -63 -63
96 COMERICA BANK 0.11% of their portfolio DALLAS, TX 297,879297.9k $14.0m $14.0m 0.11% Added +1.2k +1,162
97 SCOTIA CAPITAL INC. 0.11% of their portfolio TORONTO, A6 293,918293.9k $13.7m $13.7m 0.11% Added +31.4k +31,377
98 JEPPSON WEALTH MANAGEMENT, LLC 5.75% of their portfolio MANHATTAN BEACH, CA 292,766292.8k $13.7m $13.7m 5.75% Reduced -224.0k -224,002
99 Full Sail Capital, LLC 1.28% of their portfolio OKLAHOMA CITY, OK 289,364289.4k $13.5m $13.5m 1.28% Added +195.5k +195,477
100 Astoria Strategic Wealth, Inc. 5.53% of their portfolio NEW BRAUNFELS, TX 282,916282.9k $13.2m $13.2m 5.53% Reduced -31.4k -31,410