Vault-13

VANGUARD INSTL INDEX FD VBIL

0-3 MO TREAS BIL · ETP · CUSIP 922040845

408 institutional holders +68 vs Q1 2026
53,023,14753.0m shares reported held*
$4.0bnreported value*
94 new 161 added 119 reduced 31 sold out net bought ≈ $971.6m (+12.8m 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 ($4.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $75.68.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0200400600Q1 25: 50Q2 25: 135Q3 25: 204Q4 25: 274Q1 26: 340Q2 26: 408408Q1 25Q2 25Q3 25Q4 25Q1 26Q2 26
Numbers
QuarterHolders
Q1 202550
Q2 2025135
Q3 2025204
Q4 2025274
Q1 2026340
Q2 2026408

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 25: 121 bought or addedQ2 25: 12 cut or sold outQ2 25Q3 25: 168 bought or addedQ3 25: 37 cut or sold outQ3 25Q4 25: 186 bought or addedQ4 25: 73 cut or sold outQ4 25Q1 26: 228 bought or addedQ1 26: 104 cut or sold outQ1 26Q2 26: 255 bought or addedQ2 26: 150 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q2 202512112
Q3 202516837
Q4 202518673
Q1 2026228104
Q2 2026255150

Biggest buyers

WIT, LLC Added +2,835,788+2.8m
Elm Partners Management LLC Added +1,979,216+2.0m
MORGAN STANLEY Added +1,356,573+1.4m
Randolph Co Inc New +995,026+995.0k
Family Manage LLC New +639,028+639.0k
PNC Financial Services Group, Inc. Added +628,774+628.8k
BANK OF AMERICA CORP /DE/ Added +625,551+625.6k
BANK OF MONTREAL /CAN/ New +600,000+600.0k
Mirae Asset Global Investments Co., Ltd. New +477,000+477.0k
AE Wealth Management LLC New +359,477+359.5k

Biggest sellers

Nicholas Hoffman & Company, LLC. Reduced -947,638-947.6k
GREENHAVEN ASSOCIATES INC Reduced -534,425-534.4k
ARMSTRONG ADVISORY GROUP, INC Reduced -258,400-258.4k
Symmetry Partners, LLC Reduced -254,598-254.6k
TRUIST FINANCIAL CORP Reduced -221,502-221.5k
UBS Group AG Reduced -194,676-194.7k
ROYAL BANK OF CANADA Reduced -150,450-150.4k
SCS Capital Management LLC Reduced -108,078-108.1k
Bridgewealth Advisory Group, LLC Reduced -106,883-106.9k
LRI Investments, LLC Reduced -105,149-105.1k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WIT, LLC 6.63% of their portfolio DISTRICT OF COLUMBIA, DC 5,483,2205.5m $415.0m $415.0m 6.63% Added +2.8m +2,835,788
2 Elm Partners Management LLC 10.38% of their portfolio Philadelphia, PA 3,821,8363.8m $289.2m $289.2m 10.38% Added +2.0m +1,979,216
3 Oxbow Advisors, LLC 15.21% of their portfolio Austin, TX 2,473,4592.5m $187.2m $187.2m 15.21% Added +187.8k +187,762
4 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 2,295,6552.3m $173.7m $173.7m 0.01% Added +1.4m +1,356,573
5 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,038,4142.0m $154.3m $154.3m 0.01% Added +625.6k +625,551
6 Evanson Financial, LLC 7.46% of their portfolio MCLEAN, VA 2,015,1292.0m $152.5m $152.5m 7.46% First filing
7 Nicholas Hoffman & Company, LLC. 2.26% of their portfolio ATLANTA, GA 1,417,3801.4m $107.3m $107.3m 2.26% Reduced -947.6k -947,638
8 SCS Capital Management LLC 0.98% of their portfolio BOSTON, MA 1,375,7651.4m $104.1m $104.1m 0.98% Reduced -108.1k -108,078
9 Randolph Co Inc 6.34% of their portfolio Cincinnati, OH 995,026995.0k $75.3m $75.3m 6.34% New
10 ARMSTRONG ADVISORY GROUP, INC 4.46% of their portfolio NEEDHAM, MA 967,024967.0k $73.2m $73.2m 4.46% Reduced -258.4k -258,400
11 FSA Investment Group, LLC 21.83% of their portfolio Pensacola, FL 888,079888.1k $67.2m $67.2m 21.83% Added +80.4k +80,425
12 UBS Group AG 0.01% of their portfolio ZURICH, V8 830,196830.2k $62.8m $62.8m 0.01% Reduced -194.7k -194,676
13 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 791,710791.7k $59.9m $59.9m 0.01% Reduced -150.4k -150,450
14 AWM CAPITAL, LLC 4.23% of their portfolio Phoenix, AZ 698,414698.4k $52.9m $52.9m 4.23% Added +304.2k +304,175
15 Bridgewealth Advisory Group, LLC 9.80% of their portfolio Fresno, CA 686,345686.3k $51.9m $51.9m 9.80% Reduced -106.9k -106,883
16 BetterWealth, LLC 9.14% of their portfolio SAN JOSE, CA 682,813682.8k $51.7m $51.7m 9.14% Added +27.7k +27,706
17 GREENHAVEN ASSOCIATES INC 0.58% of their portfolio Purchase, NY 662,000662.0k $50.1m $50.1m 0.58% Reduced -534.4k -534,425
18 Family Manage LLC 5.08% of their portfolio NEW YORK, NY 639,028639.0k $48.4m $48.4m 5.08% New
19 PNC Financial Services Group, Inc. 0.02% of their portfolio Pittsburgh, PA 629,035629.0k $47.6m $47.6m 0.02% Added +628.8k +628,774
20 Bragg Financial Advisors, Inc 1.23% of their portfolio CHARLOTTE, NC 606,182606.2k $45.9m $45.9m 1.23% Added +380 +380
21 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 600,000600.0k $45.4m $45.4m 0.02% New
22 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 570,543570.5k $43.2m $43.2m 0.01% Added +93.1k +93,079
23 Altiora Financial Group, LLC 5.70% of their portfolio LEBANON, OH 477,767477.8k $36.2m $36.2m 5.70% Added +101.5k +101,487
24 Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio SEOUL, M5 477,000477.0k $36.1m $36.1m 0.07% New
25 Cypress Capital, LLC 9.33% of their portfolio FRANKLIN, TN 454,572454.6k $34.4m $34.4m 9.33% Reduced -9.7k -9,704
26 Pathway Financial Advisors LLC 3.63% of their portfolio SOUTH BURLINGTON, VT 412,146412.1k $31.1m $31.1m 3.63% Added +28.6k +28,629
27 Apella Capital, LLC 0.44% of their portfolio WEST HARTFORD, CT 411,969412.0k $31.1m $31.1m 0.44% Reduced -42.6k -42,632
28 Fortitude Family Office, LLC 5.80% of their portfolio SCOTTSDALE, AZ 393,282393.3k $29.8m $29.8m 5.80% Added +56.9k +56,855
29 ANDERSON HOAGLAND & CO 2.23% of their portfolio ST LOUIS, MO 375,921375.9k $28.4m $28.4m 2.23% Added +263.6k +263,642
30 AE Wealth Management LLC 0.13% of their portfolio TOPEKA, KS 359,477359.5k $27.2m $27.2m 0.13% New
31 Twin Lakes Capital Management, LLC 10.00% of their portfolio REDWOOD SHORES, CA 345,541345.5k $26.2m $26.2m 10.00% Added +342.9k +342,878
32 Blume Capital Management, Inc. 3.79% of their portfolio BERKELEY, CA 337,853337.9k $25.6m $25.6m 3.79% Added +142.8k +142,804
33 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 337,174337.2k $25.5m $25.5m 0.01% Added +80.3k +80,277
34 Kohmann Bosshard Financial Services, LLC 2.14% of their portfolio FAIRLAWN, OH 333,308333.3k $25.2m $25.2m 2.14% Added +287.6k +287,570
35 Cardinal Point Capital Management ULC 1.38% of their portfolio TORONTO, A6 320,743320.7k $24.3m $24.3m 1.38% Added +47.6k +47,638
36 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 316,787316.8k $24.0m $24.0m 0.01% Added +43.2k +43,201
37 Red Wave Investments LLC 6.02% of their portfolio DILLSBURG, PA 312,941312.9k $23.7m $23.7m 6.02% Added +31.1k +31,146
38 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 307,599307.6k $23.3m $23.3m 0.03% Reduced -221.5k -221,502
39 CreativeOne Wealth, LLC 0.50% of their portfolio OVERLAND PARK, KS 304,976305.0k $23.1m $23.1m 0.50% Added +50.9k +50,919
40 THOMPSON SIEGEL & WALMSLEY LLC 0.41% of their portfolio RICHMOND, VA 296,971297.0k $22.5m $22.5m 0.41% Added +31.6k +31,648
41 JIM SAULNIER & ASSOCIATES, LLC 9.01% of their portfolio FORT COLLINS, CO 295,874295.9k $22.4m $22.4m 9.01% Added +111.1k +111,083
42 Fort Point Capital Partners LLC 2.38% of their portfolio San Francisco, CA 294,437294.4k $22.3m $22.3m 2.38% Added +211.9k +211,949
43 Whitaker-Myers Wealth Managers, LTD. 3.68% of their portfolio Mansfield, OH 291,022291.0k $22.0m $22.0m 3.68% Added +57.4k +57,399
44 Goodman Financial Corp 3.26% of their portfolio HOUSTON, TX 278,340278.3k $21.1m $21.1m 3.26% Added +267.6k +267,620
45 First Pacific Advisors, LP 0.24% of their portfolio EL SEGUNDO, CA 260,280260.3k $19.7m $19.7m 0.24% Added +170.1k +170,121
46 Garde Capital, Inc. 0.86% of their portfolio SEATTLE, WA 252,241252.2k $19.1m $19.1m 0.86% Reduced -50.6k -50,553
47 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 235,241235.2k $17.8m $17.8m 0.02% Added +161.2k +161,160
48 Gross & Hartman Investments LLC 7.78% of their portfolio LEOLA, PA 232,718232.7k $17.6m $17.6m 7.78% Added +75.2k +75,221
49 SYKON CAPITAL LLC 5.33% of their portfolio HARRISON, NY 228,655228.7k $17.3m $17.3m 5.33% Reduced -101.8k -101,753
50 Delta Investment Management, LLC 2.74% of their portfolio SAN FRANCISCO, CA 220,015220.0k $16.7m $16.7m 2.74% Added +54.7k +54,724
51 Advisors Capital Management, LLC 0.18% of their portfolio RIDGEWOOD, NJ 218,774218.8k $16.6m $16.6m 0.18% New
52 Rialto Wealth Management, LLC 3.25% of their portfolio SYRACUSE, NY 216,777216.8k $16.4m $16.4m 3.25% Added +24.8k +24,840
53 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 215,300215.3k $16.3m $16.3m 0.01% Reduced -21.7k -21,700
54 Miller Investment Management, LP 1.47% of their portfolio WEST CONSHOHOCKEN, PA 212,630212.6k $16.1m $16.1m 1.47% Added +16.7k +16,730
55 Tortoise Investment Management, LLC 1.16% of their portfolio WHITE PLAINS, NY 205,882205.9k $15.6m $15.6m 1.16% Added +180 +180
56 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 203,637203.6k $15.4m $15.4m 0.02% Added +25.3k +25,313
57 Rossmore Private Capital 1.24% of their portfolio GLASTONBURY, CT 202,544202.5k $15.3m $15.3m 1.24% Reduced -52.4k -52,417
58 JBR Co Financial Management Inc 5.44% of their portfolio ARDMORE, OK 196,853196.9k $14.9m $14.9m 5.44% Added +126.7k +126,690
59 EverSource Wealth Advisors, LLC 0.50% of their portfolio BIRMINGHAM, AL 194,532194.5k $14.7m $14.7m 0.50% Reduced -59.0k -59,043
60 Clear Creek Financial Management, LLC 0.94% of their portfolio SILVERDALE, WA 192,880192.9k $14.6m $14.6m 0.94% Reduced -50.1k -50,130
61 Maloon Powers Pitre Higgins & Dennehy, LLC 4.92% of their portfolio SAN RAMON, CA 189,195189.2k $14.3m $14.3m 4.92% First filing
62 eCIO, Inc. 3.64% of their portfolio MADISON, WI 171,059171.1k $12.9m $12.9m 3.64% Added +36.6k +36,628
63 HUB Investment Partners, LLC 0.24% of their portfolio AUSTIN, TX 170,790170.8k $12.9m $12.9m 0.24% New
64 Roehl & Yi Investment Advisors, LLC 4.17% of their portfolio Eugene, OR 167,513167.5k $12.7m $12.7m 4.17% Reduced -19.6k -19,557
65 CHATHAM CAPITAL GROUP, INC. 1.59% of their portfolio SAVANNAH, GA 164,210164.2k $12.4m $12.4m 1.59% Added +62.1k +62,100
66 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.07% of their portfolio IRVING, TX 162,810162.8k $12.3m $12.3m 0.07% Added +32.8k +32,812
67 Roundview Capital LLC 0.65% of their portfolio PRINCETON, NJ 157,454157.5k $11.9m $11.9m 0.65% Added +3.2k +3,161
68 Englebert Financial Advisers, LLC 11.21% of their portfolio Allentown, PA 149,475149.5k $11.3m $11.3m 11.21% Added +16.9k +16,859
69 RFP Financial Group LLC 4.95% of their portfolio ATLANTA, GA 146,162146.2k $11.1m $11.1m 4.95% Reduced -6.5k -6,510
70 Balentine LLC 0.37% of their portfolio ATLANTA, GA 138,941138.9k $10.5m $10.5m 0.37% New
71 Greenline Partners, LLC 1.07% of their portfolio NEW YORK, NY 138,816138.8k $10.5m $10.5m 1.07% Added +5.1k +5,113
72 ABSOLUTE CAPITAL MANAGEMENT, LLC 2.60% of their portfolio Pittsburgh, PA 137,700137.7k $10.4m $10.4m 2.60% New
73 GenTrust, LLC 0.40% of their portfolio MIAMI, FL 136,655136.7k $10.3m $10.3m 0.40% Added +24.6k +24,635
74 BENJAMIN EDWARDS INC 0.09% of their portfolio Clayton, MO 134,338134.3k $10.2m $10.2m 0.09% Reduced -31.5k -31,544
75 SAGE RHINO CAPITAL LLC 1.67% of their portfolio MENLO PARK, CA 134,319134.3k $10.2m $10.2m 1.67% Added +42.8k +42,794
76 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 134,034134.0k $10.1m $10.1m 0.01% Added +15.4k +15,388
77 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 131,228131.2k $9.9m $9.9m 0.01% Added +72.9k +72,876
78 Tradition Wealth Management, LLC 0.57% of their portfolio EDINA, MN 123,662123.7k $9.4m $9.4m 0.57% Added +22.1k +22,084
79 Lakewood Asset Management LLC 5.07% of their portfolio NAPERVILLE, IL 122,017122.0k $9.2m $9.2m 5.07% Added +5.5k +5,514
80 Savant Capital, LLC 0.03% of their portfolio ROCKFORD, IL 121,657121.7k $9.2m $9.2m 0.03% Added +57.4k +57,396
81 Summit Global Investments 0.49% of their portfolio BOUNTIFUL, UT 117,967118.0k $8.9m $8.9m 0.49% Added +12.1k +12,110
82 HARBOUR INVESTMENT MANAGEMENT LLC 4.49% of their portfolio EDMONDS, WA 114,851114.9k $8.7m $8.7m 4.49% Reduced -833 -833
83 LRI Investments, LLC 0.69% of their portfolio PALM BEACH GARDENS, FL 113,999114.0k $8.6m $8.6m 0.69% Reduced -105.1k -105,149
84 Cassilly Financial Group LLC 6.25% of their portfolio SEVERNA PARK, MD 113,821113.8k $8.6m $8.6m 6.25% Added +85.4k +85,400
85 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 112,943112.9k $8.5m $8.5m 0.00% Reduced -74.0k -74,024
86 FLPUTNAM INVESTMENT MANAGEMENT CO 0.10% of their portfolio PORTLAND, ME 111,335111.3k $8.4m $8.4m 0.10% Added +44.0k +44,024
87 Stonebridge Financial Group, LLC 0.63% of their portfolio Wormleysburg, PA 110,080110.1k $8.3m $8.3m 0.63% Added +3.2k +3,164
88 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 104,631104.6k $7.9m $7.9m 0.01% Reduced -6.8k -6,793
89 Safe Harbor Family Capital, LLC 5.16% of their portfolio CHAPEL HILL, NC 102,072102.1k $7.7m $7.7m 5.16% Added +47.6k +47,615
90 Cambria Investment Management, L.P. 0.38% of their portfolio Manhattan Beach, CA 102,045102.0k $7.7m $7.7m 0.38% Reduced -9.9k -9,896
91 ABOUND FINANCIAL, LLC 3.06% of their portfolio GRANITE BAY, CA 101,352101.4k $7.7m $7.7m 3.06% Reduced -87 -87
92 SJS Investment Consulting Inc. 0.83% of their portfolio SYLVANIA, OH 100,758100.8k $7.6m $7.6m 0.83% Reduced -14.6k -14,612
93 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 92,69392.7k $7.0m $7.0m 0.01% Added +56.2k +56,237
94 Ethos Financial Group, LLC 0.47% of their portfolio KING OF PRUSSIA, PA 92,55992.6k $7.0m $7.0m 0.47% Added +35.9k +35,942
95 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 87,83387.8k $6.6m $6.6m 0.00% Added +7.9k +7,919
96 Kingsview Wealth Management, LLC 0.08% of their portfolio GRANTS PASS, OR 86,77386.8k $6.6m $6.6m 0.08% Reduced -3.9k -3,869
97 Foundry Financial LLC 2.13% of their portfolio PASADENA, CA 83,37883.4k $6.3m $6.3m 2.13% Added +2.2k +2,249
98 Greenspring Advisors, LLC 0.35% of their portfolio Towson, MD 82,94782.9k $6.3m $6.3m 0.35% Reduced -1.9k -1,924
99 SMITH, MOORE & CO. 0.41% of their portfolio CLAYTON, MO 82,83682.8k $6.3m $6.3m 0.41% Added +25.6k +25,620
100 PFW Advisors LLC 1.80% of their portfolio ATLANTA, GA 81,69281.7k $6.2m $6.2m 1.80% Reduced -9.8k -9,771