Vault-13

VANGUARD MALVERN FDS VTIP

STRM INFPROIDX · ETP · CUSIP 922020805

734 institutional holders +13 vs Q1 2024
122,432,349122.4m shares reported held*
$5.9bnreported value*
60 new 235 added 329 reduced 56 sold out net sold ≈ $394.3m (-7.1m 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 ($12.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $48.43. Options: 4 managers hold calls ($1.0m notional), 1 hold puts ($92.2k).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 786Q4 22: 814Q1 23: 778Q2 23: 767Q3 23: 734Q4 23: 766Q1 24: 721Q2 24: 734734Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022786
Q4 2022814
Q1 2023778
Q2 2023767
Q3 2023734
Q4 2023766
Q1 2024721
Q2 2024734

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 324 bought or addedQ4 22: 434 cut or sold outQ4 22Q1 23: 307 bought or addedQ1 23: 453 cut or sold outQ2 23: 263 bought or addedQ2 23: 423 cut or sold outQ2 23Q3 23: 315 bought or addedQ3 23: 397 cut or sold outQ4 23: 301 bought or addedQ4 23: 422 cut or sold outQ4 23Q1 24: 276 bought or addedQ1 24: 420 cut or sold outQ2 24: 295 bought or addedQ2 24: 385 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022324434
Q1 2023307453
Q2 2023263423
Q3 2023315397
Q4 2023301422
Q1 2024276420
Q2 2024295385

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ3 23 calls: $2.0mQ3 23 puts: $66.0kQ3 23P/C 0.03Q4 23 calls: $2.4mQ4 23 puts: $1.3mQ4 23P/C 0.55Q1 24 calls: $1.4mQ1 24 puts: $71.8kQ1 24P/C 0.05Q2 24 calls: $1.0mQ2 24 puts: $92.2kQ2 24P/C 0.09
Numbers
QuarterCallsPutsP/C
Q3 2023$2.0m$66.0k0.03
Q4 2023$2.4m$1.3m0.55
Q1 2024$1.4m$71.8k0.05
Q2 2024$1.0m$92.2k0.09

Biggest buyers

CAMBRIDGE ASSOCIATES LLC /MA/ /ADV Added +3,508,043+3.5m
GOLDMAN SACHS GROUP INC Added +758,804+758.8k
New York Life Investment Management LLC Added +633,996+634.0k
Kestra Advisory Services, LLC Added +508,211+508.2k
CAPTRUST FINANCIAL ADVISORS Added +417,758+417.8k
Savant Capital, LLC Added +337,701+337.7k
SATOVSKY ASSET MANAGEMENT LLC Added +328,106+328.1k
Symmetry Partners, LLC Added +270,315+270.3k
Prosperity Planning, Inc. New +260,115+260.1k
Focus Partners Wealth New +256,246+256.2k

Biggest sellers

MORGAN STANLEY Reduced -8,828,096-8.8m
1832 Asset Management L.P. Sold out -916,172-916.2k
FMR LLC Reduced -780,181-780.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -536,644-536.6k
CoreCap Advisors, LLC Sold out -418,604-418.6k
EVOKE WEALTH, LLC Reduced -396,942-396.9k
Betterment LLC Reduced -334,239-334.2k
Executive Wealth Management, LLC Sold out -313,577-313.6k
OSAIC HOLDINGS, INC. Reduced -276,432-276.4k
Hirtle & Co., LLC Reduced -275,757-275.8k

Biggest calls

CITADEL ADVISORS LLC Added $703.8k14.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $310.7k6.4k shares
SIMPLEX TRADING, LLC Reduced $33.0k700 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $92.2k1.9k 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 SEI INVESTMENTS CO 0.56% of their portfolio OAKS, PA 8,099,0378.1m $393.1m $393.1m 0.56% Added +212.4k +212,449
2 FMR LLC 0.02% of their portfolio BOSTON, MA 6,701,3406.7m $325.3m $325.3m 0.02% Reduced -780.2k -780,181
3 Valmark Advisers, Inc. 4.64% of their portfolio AKRON, OH 5,625,0985.6m $273.0m $273.0m 4.64% Added +248.4k +248,393
4 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 11.04% of their portfolio BOSTON, MA 4,960,0595.0m $240.8m $240.8m 11.04% Added +3.5m +3,508,043
5 Heritage Wealth Advisors 10.56% of their portfolio RICHMOND, VA 4,818,9824.8m $233.9m $233.9m 10.56% Added +140.3k +140,324
6 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 3,698,3323.7m $179.5m $179.5m 0.02% Reduced -212.0k -212,014
7 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,669,4933.7m $178.1m $178.1m 0.01% Reduced -8.8m -8,828,096
8 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 4.83% of their portfolio Seattle, WA 3,297,2943.3m $160.1m $160.1m 4.83% Added +101.8k +101,841
9 Betterment LLC 0.38% of their portfolio NEW YORK, NY 3,009,0283.0m $146.1m $146.1m 0.38% Reduced -334.2k -334,239
10 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 2,638,9692.6m $128.1m $128.1m 0.03% Added +758.8k +758,804
11 BUCKINGHAM STRATEGIC WEALTH, LLC 1.21% of their portfolio CLAYTON, MO 2,400,3182.4m $116.5m $116.5m 1.21% Added +188.6k +188,598
12 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 2,177,7922.2m $105.7m $105.7m 0.04% Reduced -185.5k -185,496
13 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,018,7712.0m $98.0m $98.0m 0.03% Reduced -71.4k -71,435
14 Wealthspire Advisors, LLC 1.15% of their portfolio NEW YORK, NY 1,842,3491.8m $89.4m $89.4m 1.15% Added +115.9k +115,891
15 Alesco Advisors, LLC, An ESL Co 2.84% of their portfolio Pittsford, NY 1,783,4061.8m $86.6m $86.6m 2.84% Added +6.2k +6,201
16 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 1,531,5791.5m $74.3m $74.3m 0.11% Reduced -38.7k -38,712
17 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,473,6481.5m $71.5m $71.5m 0.04% Reduced -119.1k -119,122
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,435,7401.4m $69.7m $69.7m 0.00% Reduced -62.1k -62,098
19 SATOVSKY ASSET MANAGEMENT LLC 16.73% of their portfolio NEW YORK, NY 1,434,2341.4m $69.6m $69.6m 16.73% Added +328.1k +328,106
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,424,2951.4m $69.1m $69.1m 0.01% Reduced -88.2k -88,165
21 Corient Private Wealth LP 0.11% of their portfolio MIAMI, FL 1,298,1471.3m $63.0m $63.0m 0.11% Added +77.0k +77,015
22 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,259,5931.3m $61.1m $61.1m 0.02% Reduced -191.2k -191,206
23 Klingman & Associates, LLC 3.78% of their portfolio New York, NY 1,152,0211.2m $55.9m $55.9m 3.78% Reduced -57.6k -57,610
24 Savant Capital, LLC 0.52% of their portfolio ROCKFORD, IL 1,069,4411.1m $51.9m $51.9m 0.52% Added +337.7k +337,701
25 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 1,064,4321.1m $51.7m $51.7m 0.02% Reduced -177.8k -177,825
26 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 1,012,7461.0m $49.2m $49.2m 0.05% Reduced -39.4k -39,417
27 Adventist Health System/ West 7.62% of their portfolio Roseville, CA 966,530966.5k $46.9m $46.9m 7.62% Unchanged
28 RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio NEW YORK, NY 832,200832.2k $40.4m $40.4m 0.07% Added +232.0k +232,006
29 Beaird Harris Wealth Management, LLC 3.67% of their portfolio DALLAS, TX 803,679803.7k $39.0m $39.0m 3.67% Added +21.1k +21,063
30 New York Life Investment Management LLC 0.39% of their portfolio New York, NY 788,855788.9k $38.3m $38.3m 0.39% Added +634.0k +633,996
31 Cetera Investment Advisers 0.09% of their portfolio SCHAUMBURG, IL 776,656776.7k $37.7m $37.7m 0.09% Reduced -28.2k -28,163
32 STUDIO INVESTMENT MANAGEMENT LLC 8.51% of their portfolio CHICAGO, IL 770,849770.8k $37.4m $37.4m 8.51% Added +85.5k +85,471
33 True Link Financial Advisors, LLC 3.39% of their portfolio SAN FRANCISCO, CA 752,938752.9k $36.5m $36.5m 3.39% Added +9.4k +9,392
34 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 742,967743.0k $36.0m $36.0m 0.01% Added +159.4k +159,423
35 ASSETMARK, INC 0.11% of their portfolio CONCORD, CA 717,117717.1k $34.8m $34.8m 0.11% Added +19.9k +19,944
36 Bleakley Financial Group, LLC 0.99% of their portfolio PARSIPPANY, NJ 709,626709.6k $34.4m $34.4m 0.99% Added +52.0k +52,009
37 Simplicity Wealth,LLC 0.78% of their portfolio SUMMIT, NJ 709,480709.5k $34.4m $34.4m 0.78% Added +52.2k +52,209
38 Beacon Capital Management, Inc. 1.41% of their portfolio DAYTON, OH 673,452673.5k $32.7m $32.7m 1.41% Reduced -67.1k -67,072
39 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 645,896645.9k $31.4m $31.4m 0.01% Reduced -190.8k -190,759
40 Marotta Asset Management 6.36% of their portfolio CHARLOTTESVILLE, VA 639,271639.3k $30.7m $30.7m 6.36% Added +14.3k +14,251
41 Efficient Advisors, LLC 1.96% of their portfolio BEAVERTON, OR 621,349621.3k $30.2m $30.2m 1.96% Added +17.5k +17,503
42 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 589,345589.3k $8.2m $8.2m 0.03% Added +417.8k +417,758
43 Compton Financial Group, LLC 9.12% of their portfolio TOWSON, MD 578,677578.7k $28.1m $28.1m 9.12% Added +38.1k +38,139
44 Kestra Advisory Services, LLC 0.14% of their portfolio AUSTIN, TX 578,526578.5k $25.4m $25.4m 0.14% Added +508.2k +508,211
45 MOLLER WEALTH PARTNERS 7.39% of their portfolio NORTHFIELD, IL 570,359570.4k $27.7m $27.7m 7.39% Added +11.9k +11,880
46 Morningstar Investment Services LLC 0.30% of their portfolio CHICAGO, IL 566,023566.0k $27.5m $27.5m 0.30% Reduced -84.6k -84,578
47 DORVAL Corp 11.36% of their portfolio MAPLE GROVE, MN 533,871533.9k $25.8m $25.8m 11.36% Added +23.8k +23,839
48 Focus Partners Advisor Solutions, LLC 0.67% of their portfolio SAINT LOUIS, MO 526,006526.0k $25.5m $25.5m 0.67% Added +181.2k +181,210
49 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 520,912520.9k $25.3m $25.3m 0.03% Reduced -40.6k -40,568
50 Schorn Wealth LLC 9.01% of their portfolio ENGLEWOOD, FL 519,009519.0k $25.2m $25.2m 9.01% Added +22.1k +22,147
51 Rappaport Reiches Capital Management, LLC 7.22% of their portfolio SKOKIE`, IL 504,534504.5k $24.5m $24.5m 7.22% Added +25.1k +25,093
52 Wealthfront Advisers LLC 0.08% of their portfolio Palo Alto, CA 492,574492.6k $23.9m $23.9m 0.08% Added +127.6k +127,575
53 Leonard Rickey Investment Advisors P.L.L.C. 5.47% of their portfolio YAKIMA, WA 470,569470.6k $22.8m $22.8m 5.47% Added +16.3k +16,306
54 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 461,367461.4k $22.4m $22.4m 0.00% Reduced -8.0k -8,009
55 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 447,035447.0k $21.7m $21.7m 0.05% Reduced -276.4k -276,432
56 Alaska Permanent Capital Management, LLC 1.81% of their portfolio ANCHORAGE, AK 436,629436.6k $21.2m $21.2m 1.81% Reduced -103.8k -103,837
57 ProVise Management Group, LLC 1.75% of their portfolio CLEARWATER, FL 423,004423.0k $20.5m $20.5m 1.75% Reduced -1.9k -1,903
58 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 422,428422.4k $20.5m $20.5m 0.02% Added +123.5k +123,450
59 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 410,944410.9k $19.9m $19.9m 0.05% Added +64.1k +64,084
60 FINANCIAL CONSULATE, INC 5.77% of their portfolio HUNT VALLEY, MD 405,831405.8k $19.7m $19.7m 5.77% Added +9.0k +9,008
61 Fairway Wealth LLC 11.03% of their portfolio INDEPENDENCE, OH 385,587385.6k $18.7m $18.7m 11.03% Added +106.8k +106,840
62 TWIN FOCUS CAPITAL PARTNERS, LLC 2.96% of their portfolio Boston, MA 382,234382.2k $18.6m $18.6m 2.96% Added +3.2k +3,218
63 Apella Capital, LLC 0.81% of their portfolio WEST HARTFORD, CT 375,156375.2k $18.1m $18.1m 0.81% Added +103.6k +103,571
64 Brickley Wealth Management 3.96% of their portfolio SAN MATEO, CA 372,170372.2k $18.1m $18.1m 3.96% Added +3.8k +3,784
65 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 368,208368.2k $17.9m $17.9m 0.03% Reduced -82.7k -82,666
66 Abbrea Capital, LLC 2.33% of their portfolio Greenbrae, CA 362,781362.8k $17.6m $17.6m 2.33% Reduced -877 -877
67 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 350,728350.7k $17.0m $17.0m 0.02% Reduced -43.1k -43,092
68 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 349,357349.4k $17.0m $17.0m 0.06% Reduced -37.5k -37,511
69 FARMERS & MERCHANTS INVESTMENTS INC 0.55% of their portfolio LINCOLN, NE 338,563338.6k $16.4m $16.4m 0.55% Reduced -8.1k -8,123
70 Portland Global Advisors LLC 2.19% of their portfolio PORTLAND, ME 332,598332.6k $16.1m $16.1m 2.19% Added +18.0k +18,040
71 Stratos Investment Management, LLC 1.24% of their portfolio BEACHWOOD, OH 309,550309.6k $15.0m $15.0m 1.24% Added +40.9k +40,870
72 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 282,143282.1k $13.7m $13.7m 0.01% Reduced -3.2k -3,225
73 Baron Financial Group, LLC 8.55% of their portfolio Fair Lawn, NJ 277,115277.1k $13.5m $13.5m 8.55% Reduced -6.3k -6,258
74 Symmetry Partners, LLC 0.69% of their portfolio GLASTONBURY, CT 275,882275.9k $13.4m $13.4m 0.69% Added +270.3k +270,315
75 Money Design Co.,Ltd. 0.71% of their portfolio TOKYO, M0 273,110273.1k $13.3m $13.3m 0.71% Reduced -52.4k -52,395
76 Gibson Wealth Advisors LLC 12.26% of their portfolio TYLER, TX 269,894269.9k $13.1m $13.1m 12.26% Reduced -2.5k -2,492
77 Atria Wealth Solutions, Inc. 0.15% of their portfolio NEW YORK, NY 269,731269.7k $13.1m $13.1m 0.15% Reduced -60.3k -60,321
78 VAN STRUM & TOWNE INC. 4.74% of their portfolio SAN FRANCISCO, CA 268,996269.0k $13.1m $13.1m 4.74% Reduced -7.5k -7,540
79 Prosperity Planning, Inc. 4.32% of their portfolio NORTH KANSAS CITY, MO 260,115260.1k $12.6m $12.6m 4.32% New
80 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 256,246256.2k $12.4m $12.4m 0.04% New
81 AMG National Trust Bank 0.33% of their portfolio GREENWOOD VILLAGE, CO 255,068255.1k $12.4m $12.4m 0.33% Reduced -9.3k -9,272
82 Deane Retirement Strategies, Inc. 6.24% of their portfolio NEW ORLEANS, LA 251,896251.9k $12.2m $12.2m 6.24% Added +368 +368
83 TRUST CO OF VERMONT 0.64% of their portfolio BRATTLEBORO, VT 242,689242.7k $11.8m $11.8m 0.64% Reduced -10.1k -10,067
84 Mariner, LLC 0.02% of their portfolio Overland Park, KS 238,560238.6k $11.6m $11.6m 0.02% Reduced -17.4k -17,429
85 FLOW TRADERS U.S. LLC 0.57% of their portfolio NEW YORK, NY 236,706236.7k $11.5m $11.5m 0.57% Reduced -184.6k -184,641
86 Chemistry Wealth Management LLC 2.95% of their portfolio NEW YORK, NY 235,691235.7k $11.4m $11.4m 2.95% Added +2.4k +2,360
87 Alaska Wealth Advisors, LLC 1.72% of their portfolio ANCHORAGE, AK 228,009228.0k $11.1m $11.1m 1.72% Reduced -5.7k -5,692
88 Burton Enright Welch 2.49% of their portfolio WALNUT CREEK, CA 222,947222.9k $10.8m $10.8m 2.49% Added +70.5k +70,492
89 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 222,572222.6k $10.8m $10.8m 0.02% Reduced -29.5k -29,532
90 Whitegate Investment Counselors, Inc. 3.06% of their portfolio CONCORD, NH 222,472222.5k $10.8m $10.8m 3.06% Added +4.5k +4,497
91 Eagle Ridge Investment Management 0.98% of their portfolio STAMFORD, CT 218,931218.9k $10.6m $10.6m 0.98% Added +5.5k +5,464
92 ATMOS ADVISORY, LLC 8.31% of their portfolio PITTSBURGH, PA 218,928218.9k $10.6m $10.6m 8.31% Added +5.7k +5,696
93 NORTHWEST WEALTH MANAGEMENT, LLC 2.71% of their portfolio SPENCER, IA 215,861215.9k $10.5m $10.5m 2.71% Added +20.3k +20,346
94 LPWM LLC 3.42% of their portfolio MINNEAPOLIS, MN 205,132205.1k $9.9m $9.9m 3.42% Reduced -523 -523
95 FIRST HAWAIIAN BANK 0.33% of their portfolio HONOLULU, HI 199,436199.4k $9.7m $9.7m 0.33% Reduced -208.8k -208,806
96 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 198,774198.8k $9.6m $9.6m 0.01% Reduced -4.4k -4,353
97 BOSTON FAMILY OFFICE LLC 0.69% of their portfolio BOSTON, MA 197,922197.9k $9.6m $9.6m 0.69% Added +43.3k +43,279
98 Asset Allocation Strategies LLC 3.18% of their portfolio FARMINGTON, MI 194,996195.0k $9.5m $9.5m 3.18% Reduced -9.2k -9,155
99 ROBERTS GLORE & CO INC /IL/ 2.82% of their portfolio DEERFIELD, IL 192,782192.8k $9.4m $9.4m 2.82% Added +6.7k +6,700
100 Advisory Services Network, LLC 0.19% of their portfolio ATLANTA, GA 190,562190.6k $9.2m $9.2m 0.19% Added +8.9k +8,920