Vault-13

VANGUARD MALVERN FDS VTIP

STRM INFPROIDX · ETP · CUSIP 922020805

771 institutional holders +68 vs Q3 2024
1,082,558,6931.1bn shares reported held*
$7.7bnreported value*
50 new 328 added 230 reduced 51 sold out net sold ≈ $157.4m (+919.4m 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 ($17.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $7.15. Options: 4 managers hold calls ($449.8k notional), 1 hold puts ($4.8k).

Trends to Q4 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: 734Q3 24: 703Q4 24: 771771Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022786
Q4 2022814
Q1 2023778
Q2 2023767
Q3 2023734
Q4 2023766
Q1 2024721
Q2 2024734
Q3 2024703
Q4 2024771

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q1 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 24Q3 24: 307 bought or addedQ3 24: 373 cut or sold outQ4 24: 378 bought or addedQ4 24: 281 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023307453
Q2 2023263423
Q3 2023315397
Q4 2023301422
Q1 2024276420
Q2 2024295385
Q3 2024307373
Q4 2024378281

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5mQ1 24 calls: $1.4mQ1 24 puts: $71.8kQ1 24P/C 0.05Q2 24 calls: $1.0mQ2 24 puts: $92.2kQ2 24P/C 0.09Q3 24 calls: $694.4kQ3 24 puts: $374.8kQ3 24P/C 0.54Q4 24 calls: $449.8kQ4 24 puts: $4.8kQ4 24P/C 0.01
Numbers
QuarterCallsPutsP/C
Q1 2024$1.4m$71.8k0.05
Q2 2024$1.0m$92.2k0.09
Q3 2024$694.4k$374.8k0.54
Q4 2024$449.8k$4.8k0.01

Biggest buyers

VAN STRUM & TOWNE INC. Added +922,650,274+922.7m
Essential Planning, LLC. Added +6,721,533+6.7m
Focus Partners Wealth Added +3,377,847+3.4m
Wealthspire Advisors, LLC Added +737,805+737.8k
Strategic Financial Services, Inc. New +709,332+709.3k
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. Added +604,958+605.0k
Focus Partners Advisor Solutions, LLC Added +545,858+545.9k
New York Life Investment Management LLC Added +537,902+537.9k
Savant Capital, LLC Added +509,237+509.2k
EVOKE WEALTH, LLC Added +381,690+381.7k

Biggest sellers

JPMORGAN CHASE & CO Reduced -17,479,426-17.5m
GOLDMAN SACHS GROUP INC Reduced -2,494,963-2.5m
FMR LLC Reduced -477,920-477.9k
Kestra Advisory Services, LLC Reduced -418,224-418.2k
Betterment LLC Reduced -291,046-291.0k
CAMBRIDGE ASSOCIATES LLC /MA/ /ADV Reduced -215,589-215.6k
Pasadena Private Wealth, LLC Reduced -174,780-174.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -170,125-170.1k
RENAISSANCE TECHNOLOGIES LLC Reduced -149,135-149.1k
PRUDENTIAL FINANCIAL INC Sold out -144,557-144.6k

Biggest calls

CITADEL ADVISORS LLC Reduced $232.4k4.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $203.4k4.2k shares
SIMPLEX TRADING, LLC Added $14.0k300 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $4.8k100 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VAN STRUM & TOWNE INC. 4.14% of their portfolio SAN FRANCISCO, CA 922,917,195922.9m $11.8m $11.8m 4.14% Added +922.7m +922,650,274
2 JPMORGAN CHASE & CO 0.08% of their portfolio NEW YORK, NY 21,091,62221.1m $1.0bn $1.0bn 0.08% Reduced -17.5m -17,479,426
3 SEI INVESTMENTS CO 0.54% of their portfolio OAKS, PA 8,642,1378.6m $418.5m $418.5m 0.54% Added +359.3k +359,329
4 GOLDMAN SACHS GROUP INC 0.07% of their portfolio NEW YORK, NY 7,139,0537.1m $345.7m $345.7m 0.07% Reduced -2.5m -2,494,963
5 Essential Planning, LLC. 2.17% of their portfolio PORTSMOUTH, NH 6,826,9846.8m $333.6m $333.6m 2.17% Added +6.7m +6,721,533
6 Focus Partners Wealth 0.37% of their portfolio ST LOUIS, MO 5,865,4365.9m $284.0m $284.0m 0.37% Added +3.4m +3,377,847
7 Valmark Advisers, Inc. 4.36% of their portfolio AKRON, OH 5,804,6175.8m $281.1m $281.1m 4.36% Added +50.0k +50,040
8 FMR LLC 0.02% of their portfolio BOSTON, MA 5,787,9165.8m $280.3m $280.3m 0.02% Reduced -477.9k -477,920
9 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 6.32% of their portfolio BOSTON, MA 4,080,2994.1m $197.6m $197.6m 6.32% Reduced -215.6k -215,589
10 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 4.91% of their portfolio Seattle, WA 3,729,0953.7m $180.6m $180.6m 4.91% Added +183.4k +183,419
11 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 3,523,7053.5m $170.6m $170.6m 0.01% Added +12.2k +12,177
12 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 3,396,5573.4m $164.5m $164.5m 0.02% Reduced -31.6k -31,645
13 Wealthspire Advisors, LLC 1.32% of their portfolio NEW YORK, NY 2,750,3272.8m $133.2m $133.2m 1.32% Added +737.8k +737,805
14 Focus Partners Advisor Solutions, LLC 2.19% of their portfolio SAINT LOUIS, MO 2,676,0732.7m $129.6m $129.6m 2.19% Added +545.9k +545,858
15 Betterment LLC 0.29% of their portfolio NEW YORK, NY 2,514,6102.5m $121.8m $121.8m 0.29% Reduced -291.0k -291,046
16 Savant Capital, LLC 0.82% of their portfolio ROCKFORD, IL 2,155,0072.2m $104.3m $104.3m 0.82% Added +509.2k +509,237
17 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 2,016,5132.0m $97.6m $97.6m 0.03% Reduced -170.1k -170,125
18 Alesco Advisors, LLC, An ESL Co 2.84% of their portfolio Pittsford, NY 1,868,8721.9m $90.5m $90.5m 2.84% Added +44.4k +44,401
19 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,850,7381.9m $89.6m $89.6m 0.02% Added +75.6k +75,621
20 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,669,5071.7m $80.8m $80.8m 0.03% Added +236.2k +236,239
21 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 1,655,0251.7m $80.1m $80.1m 0.11% Added +101.0k +100,978
22 SATOVSKY ASSET MANAGEMENT LLC 16.47% of their portfolio NEW YORK, NY 1,484,7721.5m $72.0m $72.0m 16.47% Added +19.7k +19,712
23 Corient Private Wealth LP 0.11% of their portfolio MIAMI, FL 1,311,5411.3m $63.5m $63.5m 0.11% Reduced -14.7k -14,670
24 Klingman & Associates, LLC 3.89% of their portfolio New York, NY 1,306,7641.3m $63.3m $63.3m 3.89% Added +163.9k +163,904
25 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 1,305,8641.3m $63.2m $63.2m 0.01% Reduced -50.2k -50,205
26 Beacon Capital Management, Inc. 2.43% of their portfolio DAYTON, OH 1,157,2261.2m $56.0m $56.0m 2.43% Added +303.3k +303,342
27 Fairway Wealth LLC 9.42% of their portfolio INDEPENDENCE, OH 1,110,2331.1m $20.9m $20.9m 9.42% Added +37.3k +37,293
28 STUDIO INVESTMENT MANAGEMENT LLC 10.65% of their portfolio CHICAGO, IL 1,034,2951.0m $50.1m $50.1m 10.65% Added +175.2k +175,204
29 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,023,6391.0m $49.6m $49.6m 0.01% Reduced -78.1k -78,112
30 New York Life Investment Management LLC 0.48% of their portfolio New York, NY 1,010,7291.0m $48.9m $48.9m 0.48% Added +537.9k +537,902
31 Adventist Health System/ West 7.24% of their portfolio Roseville, CA 966,530966.5k $46.8m $46.8m 7.24% Unchanged
32 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 861,073861.1k $41.7m $41.7m 0.04% Reduced -93.6k -93,602
33 CW Advisors, LLC 0.57% of their portfolio BOSTON, MA 855,218855.2k $41.4m $41.4m 0.57% Added +17.9k +17,861
34 Beaird Harris Wealth Management, LLC 3.52% of their portfolio DALLAS, TX 843,016843.0k $40.8m $40.8m 3.52% Added +13.1k +13,145
35 EVOKE WEALTH, LLC 1.10% of their portfolio Los Angeles, CA 817,252817.3k $39.6m $39.6m 1.10% Added +381.7k +381,690
36 True Link Financial Advisors, LLC 3.24% of their portfolio SAN FRANCISCO, CA 796,600796.6k $38.6m $38.6m 3.24% Added +30.5k +30,489
37 Compton Financial Group, LLC 11.08% of their portfolio TOWSON, MD 769,892769.9k $37.3m $37.3m 11.08% Added +36.7k +36,722
38 ASSETMARK, INC 0.10% of their portfolio CONCORD, CA 766,152766.2k $37.1m $37.1m 0.10% Added +29.8k +29,816
39 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.39% of their portfolio Madrid, U3 762,954763.0k $37.2m $37.2m 0.39% Added +605.0k +604,958
40 Wealthfront Advisers LLC 0.11% of their portfolio Palo Alto, CA 757,764757.8k $36.7m $36.7m 0.11% Added +250.4k +250,413
41 Bleakley Financial Group, LLC 1.10% of their portfolio PARSIPPANY, NJ 751,388751.4k $36.4m $36.4m 1.10% Reduced -3.6k -3,611
42 Cetera Investment Advisers 0.08% of their portfolio SCHAUMBURG, IL 741,949741.9k $35.9m $35.9m 0.08% Added +18.8k +18,814
43 Strategic Financial Services, Inc. 2.05% of their portfolio UTICA, NY 709,332709.3k $34.3m $34.3m 2.05% New
44 RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio NEW YORK, NY 688,653688.7k $33.3m $33.3m 0.05% Reduced -149.1k -149,135
45 Efficient Advisors, LLC 2.03% of their portfolio BEAVERTON, OR 650,736650.7k $31.5m $31.5m 2.03% Added +15.9k +15,930
46 Marotta Asset Management 6.48% of their portfolio CHARLOTTESVILLE, VA 639,385639.4k $31.0m $31.0m 6.48% Reduced -7.7k -7,659
47 MOLLER WEALTH PARTNERS 7.68% of their portfolio NORTHFIELD, IL 603,198603.2k $29.2m $29.2m 7.68% Added +20.5k +20,513
48 Rappaport Reiches Capital Management, LLC 6.96% of their portfolio SKOKIE`, IL 556,915556.9k $27.0m $27.0m 6.96% Added +32.0k +31,986
49 Cerity Partners LLC 0.06% of their portfolio NEW YORK, NY 553,496553.5k $26.8m $26.8m 0.06% Reduced -59.3k -59,285
50 Schorn Wealth LLC 8.68% of their portfolio ENGLEWOOD, FL 551,877551.9k $26.7m $26.7m 8.68% Added +16.7k +16,724
51 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 522,109522.1k $25.3m $25.3m 0.01% First filing
52 Stratos Investment Management, LLC 1.47% of their portfolio BEACHWOOD, OH 504,616504.6k $24.4m $24.4m 1.47% Added +140.1k +140,108
53 Leonard Rickey Investment Advisors P.L.L.C. 5.49% of their portfolio YAKIMA, WA 492,523492.5k $23.8m $23.8m 5.49% Added +11.0k +11,049
54 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 492,167492.2k $23.8m $23.8m 0.01% Reduced -61.1k -61,104
55 Apella Capital, LLC 0.90% of their portfolio WEST HARTFORD, CT 485,112485.1k $23.5m $23.5m 0.90% Added +100.6k +100,557
56 Alaska Permanent Capital Management, LLC 1.87% of their portfolio ANCHORAGE, AK 469,536469.5k $22.7m $22.7m 1.87% Added +28.5k +28,452
57 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 445,433445.4k $21.6m $21.6m 0.00% Reduced -4.2k -4,163
58 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 435,443435.4k $21.1m $21.1m 0.01% Reduced -30.3k -30,304
59 FINANCIAL CONSULATE, INC 5.58% of their portfolio HUNT VALLEY, MD 434,893434.9k $21.1m $21.1m 5.58% Added +6.0k +5,969
60 ProVise Management Group, LLC 1.68% of their portfolio CLEARWATER, FL 405,076405.1k $19.6m $19.6m 1.68% Reduced -12.9k -12,875
61 DEFINE FINANCIAL, LLC 14.02% of their portfolio SAN DIEGO, CA 383,504383.5k $18.6m $18.6m 14.02% First filing
62 Brickley Wealth Management 3.74% of their portfolio SAN MATEO, CA 380,010380.0k $18.4m $18.4m 3.74% Added +5.3k +5,269
63 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 372,633372.6k $18.0m $18.0m 0.02% Reduced -25.8k -25,751
64 TWIN FOCUS CAPITAL PARTNERS, LLC 2.64% of their portfolio Boston, MA 368,642368.6k $17.8m $17.8m 2.64% Reduced -14.2k -14,162
65 FRANKLIN RESOURCES INC 0.00% of their portfolio San Mateo, CA 364,426364.4k $17.6m $17.6m 0.00% Reduced -31.6k -31,631
66 Portland Global Advisors LLC 2.23% of their portfolio PORTLAND, ME 364,373364.4k $17.6m $17.6m 2.23% Added +29.2k +29,217
67 NORTHWEST WEALTH MANAGEMENT, LLC 3.64% of their portfolio SPENCER, IA 355,000355.0k $17.2m $17.2m 3.64% Added +101.7k +101,664
68 SILVER OAK WEALTH ADVISORS SERVICES, LLC 14.83% of their portfolio LOS ANGELES, CA 354,078354.1k $17.1m $17.1m 14.83% First filing
69 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 353,991354.0k $17.1m $17.1m 0.04% Added +18.0k +18,043
70 BENNINGFIELD FINANCIAL ADVISORS, LLC 16.40% of their portfolio SAN FRANCISCO, CA 346,266346.3k $16.8m $16.8m 16.40% First filing
71 COMERICA BANK 0.07% of their portfolio DALLAS, TX 344,372344.4k $16.7m $16.7m 0.07% Added +311.9k +311,927
72 Atria Wealth Solutions, Inc. 0.18% of their portfolio NEW YORK, NY 337,778337.8k $16.4m $16.4m 0.18% Added +64.0k +64,027
73 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 334,652334.7k $16.2m $16.2m 0.02% Added +3.4k +3,397
74 FARMERS & MERCHANTS INVESTMENTS INC 0.51% of their portfolio LINCOLN, NE 334,605334.6k $16.2m $16.2m 0.51% Added +2.9k +2,910
75 Sellwood Investment Partners LLC 8.64% of their portfolio PORTLAND, OR 332,121332.1k $16.1m $16.1m 8.64% First filing
76 Money Design Co.,Ltd. 0.74% of their portfolio TOKYO, M0 299,882299.9k $14.5m $14.5m 0.74% Reduced -13.1k -13,106
77 AMG National Trust Bank 0.39% of their portfolio GREENWOOD VILLAGE, CO 291,236291.2k $14.1m $14.1m 0.39% Added +30.3k +30,337
78 Prosperity Planning, Inc. 4.36% of their portfolio NORTH KANSAS CITY, MO 280,736280.7k $13.6m $13.6m 4.36% Added +12.5k +12,460
79 SWAN Capital LLC 6.52% of their portfolio PENSACOLA, FL 275,975276.0k $13.4m $13.4m 6.52% Added +51.2k +51,177
80 TRUST CO OF VERMONT 0.65% of their portfolio BRATTLEBORO, VT 275,249275.2k $13.3m $13.3m 0.65% Added +34.1k +34,145
81 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 271,247271.2k $13.1m $13.1m 0.02% Reduced -28.1k -28,148
82 Chemistry Wealth Management LLC 3.01% of their portfolio NEW YORK, NY 264,871264.9k $12.8m $12.8m 3.01% Added +23.6k +23,640
83 Burton Enright Welch 2.68% of their portfolio WALNUT CREEK, CA 263,253263.3k $12.7m $12.7m 2.68% Added +26.5k +26,542
84 Baron Financial Group, LLC 7.89% of their portfolio Fair Lawn, NJ 262,890262.9k $12.7m $12.7m 7.89% Reduced -4.7k -4,655
85 JACKSON THORNTON WEALTH MANAGEMENT, LLC 1.59% of their portfolio MONTGOMERY, AL 259,517259.5k $12.6m $12.6m 1.59% Added +45.6k +45,606
86 Addison Advisors LLC 3.45% of their portfolio MIDDLEBURY, VT 256,067256.1k $12.4m $12.4m 3.45% Added +252.6k +252,600
87 Deane Retirement Strategies, Inc. 6.24% of their portfolio NEW ORLEANS, LA 256,023256.0k $12.4m $12.4m 6.24% Added +4.2k +4,222
88 Sequoia Financial Advisors, LLC 0.12% of their portfolio Akron, OH 254,842254.8k $12.3m $12.3m 0.12% Added +250.7k +250,678
89 LPWM LLC 3.88% of their portfolio MINNEAPOLIS, MN 249,187249.2k $12.1m $12.1m 3.88% Added +33.0k +33,046
90 Eagle Ridge Investment Management 1.04% of their portfolio STAMFORD, CT 245,208245.2k $11.9m $11.9m 1.04% Added +7.7k +7,707
91 Emprise Bank 6.47% of their portfolio WICHITA, KS 236,606236.6k $11.5m $11.5m 6.47% Added +23.8k +23,833
92 ATMOS ADVISORY, LLC 7.95% of their portfolio PITTSBURGH, PA 236,448236.4k $11.4m $11.4m 7.95% Added +8.2k +8,234
93 Lifeworks Advisors, LLC 2.04% of their portfolio GRAND RAPIDS, MI 233,105233.1k $11.3m $11.3m 2.04% Added +8.4k +8,417
94 Modern Wealth Management, LLC 0.42% of their portfolio KANSAS CITY, MO 233,071233.1k $11.3m $11.3m 0.42% New
95 Alaska Wealth Advisors, LLC 1.75% of their portfolio ANCHORAGE, AK 231,757231.8k $11.2m $11.2m 1.75% Added +7.0k +7,017
96 SIGNET FINANCIAL MANAGEMENT, LLC 1.43% of their portfolio PARSIPPANY, NJ 230,911230.9k $11.2m $11.2m 1.43% Added +4.7k +4,748
97 Mariner, LLC 0.02% of their portfolio Overland Park, KS 227,990228.0k $11.0m $11.0m 0.02% Added +18.4k +18,411
98 Executive Wealth Management, LLC 0.86% of their portfolio BRIGHTON, MI 227,842227.8k $11.0m $11.0m 0.86% Added +6.3k +6,294
99 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 223,221223.2k $10.8m $10.8m 0.04% Reduced -82.2k -82,234
100 Frisco Financial Planning LLC 10.40% of their portfolio FRISCO, TX 217,375217.4k $10.5m $10.5m 10.40% First filing