Vault-13

VANGUARD INTL EQUITY INDEX F VWO

FTSE EMR MKT ETF · ETP · CUSIP 922042858

1,921 institutional holders -24 vs Q2 2023
1,196,639,2591.2bn shares reported held*
$47.0bnreported value*
68 new 881 added 751 reduced 91 sold out net bought ≈ $133.6m (-2.6m 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 ($107.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.26. Options: 7 managers hold calls ($49.9m notional), 9 hold puts ($67.9m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,788Q4 22: 1,905Q1 23: 1,919Q2 23: 1,945Q3 23: 1,9211,921Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 20221,788
Q4 20221,905
Q1 20231,919
Q2 20231,945
Q3 20231,921

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ4 22: 896 bought or addedQ4 22: 846 cut or sold outQ4 22Q1 23: 1,023 bought or addedQ1 23: 767 cut or sold outQ1 23Q2 23: 937 bought or addedQ2 23: 877 cut or sold outQ2 23Q3 23: 949 bought or addedQ3 23: 842 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022896846
Q1 20231,023767
Q2 2023937877
Q3 2023949842

Calls vs puts

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

CallsPuts
$0$25m$50m$75m$100mQ4 22 calls: $69.7mQ4 22 puts: $68.4mQ4 22P/C 0.98Q1 23 calls: $54.4mQ1 23 puts: $89.3mQ1 23P/C 1.64Q2 23 calls: $41.9mQ2 23 puts: $50.5mQ2 23P/C 1.20Q3 23 calls: $49.9mQ3 23 puts: $67.9mQ3 23P/C 1.36
Numbers
QuarterCallsPutsP/C
Q4 2022$69.7m$68.4m0.98
Q1 2023$54.4m$89.3m1.64
Q2 2023$41.9m$50.5m1.20
Q3 2023$49.9m$67.9m1.36

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +6,955,040+7.0m
JANE STREET GROUP, LLC Added +5,654,308+5.7m
Catalyst Capital Advisors LLC Added +2,961,726+3.0m
Millburn Ridgefield LLC /DE/ Added +2,959,515+3.0m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +2,776,255+2.8m
Betterment LLC Added +2,563,729+2.6m
EP Wealth Advisors, LLC Added +2,381,867+2.4m
BANK OF AMERICA CORP /DE/ Added +1,889,707+1.9m
COMERICA BANK New +1,635,312+1.6m
NEPC LLC Added +1,400,264+1.4m

Biggest sellers

TD AMERITRADE INVESTMENT MANAGEMENT, LLC Reduced -9,808,700-9.8m
Bishop & Co Investment Management, LLC Reduced -8,353,413-8.4m
CIBC Private Wealth Group LLC Reduced -3,617,159-3.6m
ENVESTNET ASSET MANAGEMENT INC Reduced -3,269,408-3.3m
WELLS FARGO & COMPANY/MN Reduced -2,230,443-2.2m
SUMITOMO LIFE INSURANCE CO Reduced -2,043,801-2.0m
Bridgewater Associates, LP Reduced -1,876,729-1.9m
CITADEL ADVISORS LLC Reduced -1,759,571-1.8m
MORGAN STANLEY Reduced -1,352,418-1.4m
SIGNATUREFD, LLC Reduced -1,268,736-1.3m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $28.4m724.7k shares
CITADEL ADVISORS LLC Added $15.8m403.8k shares
WOLVERINE TRADING, LLC New $2.0m51.8k shares
MBB PUBLIC MARKETS I LLC New $1.6m40.0k shares
GTS SECURITIES LLC New $1.2m30.6k shares
Walleye Trading LLC Reduced $752.8k19.2k shares
Cutler Group LLC / CA Reduced $54.0k38.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $20.9m532.1k shares
CITADEL ADVISORS LLC Reduced $17.7m451.9k shares
Balyasny Asset Management L.P. New $15.7m400.0k shares
ROYAL BANK OF CANADA New $9.3m237.4k shares
GTS SECURITIES LLC New $3.4m87.8k shares
WOLVERINE TRADING, LLC New $846.9k21.6k shares
Cutler Group LLC / CA Added $19.0k25.7k shares
WELLS FARGO & COMPANY/MN Reduced $7.8k200 shares
Walleye Trading LLC Reduced $7.8k200 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.41% of their portfolio CHARLOTTE, NC 84,604,42284.6m $3.3bn $3.3bn 0.41% Added +1.9m +1,889,707
2 Betterment LLC 9.64% of their portfolio NEW YORK, NY 77,659,11877.7m $3.0bn $3.0bn 9.64% Added +2.6m +2,563,729
3 VANGUARD GROUP INC 0.06% of their portfolio Valley Forge, PA 60,607,09760.6m $2.4bn $2.4bn 0.06% Reduced -647.5k -647,454
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 2.55% of their portfolio MILWAUKEE, WI 49,947,93249.9m $2.0bn $2.0bn 2.55% Added +1.1m +1,088,615
5 MORGAN STANLEY 0.20% of their portfolio NEW YORK, NY 49,636,32349.6m $1.9bn $1.9bn 0.20% Reduced -1.4m -1,352,418
6 WELLS FARGO & COMPANY/MN 0.53% of their portfolio SAN FRANCISCO, CA 43,628,99643.6m $1.7bn $1.7bn 0.53% Reduced -2.2m -2,230,443
7 Wealthfront Advisers LLC 6.70% of their portfolio Palo Alto, CA 39,679,46439.7m $1.6bn $1.6bn 6.70% Reduced -989.4k -989,400
8 ENVESTNET ASSET MANAGEMENT INC 0.65% of their portfolio Berwyn, PA 36,018,50436.0m $1.4bn $1.4bn 0.65% Reduced -3.3m -3,269,408
9 Empower Advisory Group, LLC 4.85% of their portfolio Greenwood Village, CO 27,986,54128.0m $1.1bn $1.1bn 4.85% Added +1.0m +1,019,403
10 Creative Planning 1.20% of their portfolio OVERLAND PARK, KS 22,897,41922.9m $897.8m $897.8m 1.20% Added +34.5k +34,468
11 NORTHERN TRUST CORP 0.17% of their portfolio CHICAGO, IL 22,139,59922.1m $868.1m $868.1m 0.17% Reduced -154.4k -154,438
12 GOLDMAN SACHS GROUP INC 0.22% of their portfolio NEW YORK, NY 21,628,21621.6m $848.0m $848.0m 0.22% Added +265.1k +265,103
13 Financial Engines Advisors L.L.C. 1.99% of their portfolio SANTA CLARA, CA 19,311,95119.3m $757.2m $757.2m 1.99% Added +410.8k +410,848
14 UBS Group AG 0.32% of their portfolio ZURICH, V8 17,887,13917.9m $701.4m $701.4m 0.32% Reduced -543.4k -543,369
15 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 2.06% of their portfolio PLYMOUTH, MN 15,932,86415.9m $624.7m $624.7m 2.06% Added +2.8m +2,776,255
16 Bank of New York Mellon Corp 0.13% of their portfolio NEW YORK, NY 15,502,26615.5m $607.8m $607.8m 0.13% Reduced -457.2k -457,203
17 WealthNavi Inc. 9.46% of their portfolio Shinagawa-ku, TOKYO, M0 14,890,00614.9m $583.8m $583.8m 9.46% Reduced -74.2k -74,190
18 South Dakota Investment Council 12.47% of their portfolio SIOUX FALLS, SD 13,933,39613.9m $546.3m $546.3m 12.47% Reduced -1.0m -1,033,319
19 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 11,931,84911.9m $467.9m $467.9m 0.05% Reduced -978.2k -978,154
20 ROYAL BANK OF CANADA 0.13% of their portfolio TORONTO, A6 11,491,34211.5m $450.6m $450.6m 0.13% Added +293.3k +293,284
21 PNC Financial Services Group, Inc. 0.38% of their portfolio Pittsburgh, PA 11,467,58811.5m $449.6m $449.6m 0.38% Reduced -431.2k -431,216
22 JONES FINANCIAL COMPANIES LLLP 0.74% of their portfolio DES PERES, MO 11,438,56911.4m $448.5m $448.5m 0.74% Added +174.9k +174,883
23 JANE STREET GROUP, LLC 0.63% of their portfolio NEW YORK, NY 10,283,17110.3m $403.2m $403.2m 0.63% Added +5.7m +5,654,308
24 LPL Financial LLC 0.28% of their portfolio FORT MILL, SC 10,270,57610.3m $402.7m $402.7m 0.28% Added +272.8k +272,766
25 Mariner, LLC 1.03% of their portfolio Overland Park, KS 9,800,5189.8m $384.3m $384.3m 1.03% Added +463.9k +463,917
26 SEI INVESTMENTS CO 0.67% of their portfolio OAKS, PA 9,461,6439.5m $371.0m $371.0m 0.67% Added +208.7k +208,672
27 TIAA TRUST, NATIONAL ASSOCIATION 1.31% of their portfolio CHARLOTTE, NC 9,248,1039.2m $362.6m $362.6m 1.31% First filing
28 US BANCORP \DE\ 0.54% of their portfolio MINNEAPOLIS, MN 8,316,6808.3m $327.7m $327.7m 0.54% Added +472.9k +472,903
29 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.09% of their portfolio SAN FRANCISCO, CA 7,974,3388.0m $312.7m $312.7m 0.09% Added +7.0m +6,955,040
30 MATHER GROUP, LLC. 4.99% of their portfolio CHICAGO, IL 7,156,9937.2m $280.6m $280.6m 4.99% Added +398.9k +398,907
31 OSAIC HOLDINGS, INC. 0.41% of their portfolio SCOTTSDALE, AZ 7,001,9837.0m $274.6m $274.6m 0.41% Added +1.3m +1,269,728
32 Alaska Permanent Fund Corp 5.16% of their portfolio JUNEAU, AK 6,997,6067.0m $274.4m $274.4m 5.16% Unchanged
33 COMMONWEALTH EQUITY SERVICES, LLC 0.54% of their portfolio WALTHAM, MA 6,700,8926.7m $262.7m $262.7m 0.54% Added +63.2k +63,228
34 CITIGROUP INC 0.36% of their portfolio NEW YORK, NY 6,524,9246.5m $255.8m $255.8m 0.36% Added +22.0k +22,029
35 Bridgewater Associates, LP 1.42% of their portfolio Westport, CT 5,971,7746.0m $234.2m $234.2m 1.42% Reduced -1.9m -1,876,729
36 Millburn Ridgefield LLC /DE/ 7.54% of their portfolio New York, NY 5,932,4015.9m $232.6m $232.6m 7.54% Added +3.0m +2,959,515
37 Catalyst Capital Advisors LLC 6.51% of their portfolio San Juan, PR 5,932,4015.9m $232.6m $232.6m 6.51% Added +3.0m +2,961,726
38 MERCER GLOBAL ADVISORS INC /ADV 0.86% of their portfolio DENVER, CO 5,754,9005.8m $225.7m $225.7m 0.86% Added +1.1m +1,091,683
39 KEYBANK NATIONAL ASSOCIATION/OH 1.03% of their portfolio BROOKLYN, OH 5,478,8095.5m $214.8m $214.8m 1.03% Added +77.9k +77,909
40 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.12% of their portfolio Toronto, A6 5,352,7955.4m $209.9m $209.9m 0.12% Reduced -1.2m -1,191,282
41 Envestnet Portfolio Solutions, Inc. 0.92% of their portfolio BERWYN, PA 4,952,7365.0m $194.2m $194.2m 0.92% First filing
42 HighTower Advisors, LLC 0.36% of their portfolio CHICAGO, IL 4,878,0334.9m $191.3m $191.3m 0.36% Reduced -108.5k -108,522
43 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 4,429,6264.4m $173.8m $173.8m 0.06% Reduced -252.4k -252,417
44 J.P. Morgan Private Wealth Advisors LLC 0.49% of their portfolio SAN FRANCISCO, CA 4,358,6284.4m $170.9m $170.9m 0.49% Reduced -142.3k -142,288
45 STIFEL FINANCIAL CORP 0.22% of their portfolio ST. LOUIS, MO 4,008,7464.0m $157.2m $157.2m 0.22% Reduced -411.8k -411,811
46 Valmark Advisers, Inc. 3.16% of their portfolio AKRON, OH 3,880,2193.9m $152.1m $152.1m 3.16% Added +57.4k +57,400
47 Corient Private Wealth LP 0.36% of their portfolio MIAMI, FL 3,857,5553.9m $154.6m $154.6m 0.36% Added +606.0k +605,954
48 RAYMOND JAMES & ASSOCIATES 0.13% of their portfolio ST PETERSBURG, FL 3,809,7863.8m $149.4m $149.4m 0.13% Added +55.8k +55,836
49 CIBC Private Wealth Group LLC 0.35% of their portfolio ATLANTA, GA 3,718,8413.7m $145.8m $145.8m 0.35% Reduced -3.6m -3,617,159
50 Baird Financial Group, Inc. 0.39% of their portfolio MILWAUKEE, WI 3,663,9863.7m $143.7m $143.7m 0.39% Reduced -132.9k -132,915
51 SIGNATUREFD, LLC 3.58% of their portfolio ATLANTA, GA 3,500,7683.5m $137.3m $137.3m 3.58% Reduced -1.3m -1,268,736
52 Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 11.40% of their portfolio Tel Aviv, L3 3,391,6403.4m $133.0m $133.0m 11.40% Reduced -957.6k -957,600
53 M&T Bank Corp 0.53% of their portfolio BUFFALO, NY 3,375,8003.4m $132.4m $132.4m 0.53% Reduced -194.6k -194,607
54 SCS Capital Management LLC 3.47% of their portfolio BOSTON, MA 3,319,0283.3m $130.1m $130.1m 3.47% Reduced -130.9k -130,920
55 BANK OF MONTREAL /CAN/ 0.05% of their portfolio TORONTO, A6 3,316,6443.3m $134.7m $134.7m 0.05% Reduced -61.0k -61,047
56 Raymond James Financial Services Advisors, Inc. 0.23% of their portfolio ST. PETERSBURG, FL 3,198,2093.2m $125.4m $125.4m 0.23% Added +257.7k +257,727
57 Ballentine Partners, LLC 2.74% of their portfolio Waltham, MA 2,972,4323.0m $116.5m $116.5m 2.74% Added +129.9k +129,872
58 Sand Hill Global Advisors, LLC 6.38% of their portfolio Palo Alto, CA 2,953,2413.0m $115.8m $115.8m 6.38% Reduced -268.8k -268,794
59 CHOREO, LLC 3.89% of their portfolio ROCKFORD, IL 2,805,5632.8m $110.0m $110.0m 3.89% Added +11.5k +11,527
60 OLD MISSION CAPITAL LLC 3.66% of their portfolio CHICAGO, IL 2,798,3182.8m $109.7m $109.7m 3.66% Reduced -453.2k -453,162
61 Wealthspire Advisors, LLC 1.80% of their portfolio NEW YORK, NY 2,783,9982.8m $109.2m $109.2m 1.80% Added +38.8k +38,790
62 REGIONS FINANCIAL CORP 0.95% of their portfolio BIRMINGHAM, AL 2,701,3662.7m $105.9m $105.9m 0.95% Added +17.2k +17,244
63 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 2.88% of their portfolio MINNEAPOLIS, MN 2,627,9772.6m $103.0m $103.0m 2.88% Added +247.1k +247,139
64 BRIDGES INVESTMENT MANAGEMENT INC 3.51% of their portfolio OMAHA, NE 2,516,9022.5m $98.7m $98.7m 3.51% Added +106.0k +105,968
65 EP Wealth Advisors, LLC 1.47% of their portfolio TORRANCE, CA 2,420,1552.4m $94.9m $94.9m 1.47% Added +2.4m +2,381,867
66 Jasper Ridge Partners, L.P. 4.41% of their portfolio MENLO PARK, CA 2,394,1032.4m $93.9m $93.9m 4.41% Added +482.2k +482,241
67 FIFTH THIRD BANCORP 0.43% of their portfolio CINCINNATI, OH 2,338,8192.3m $91.7m $91.7m 0.43% Reduced -142.7k -142,699
68 RWA WEALTH PARTNERS, LLC 1.96% of their portfolio BOSTON, MA 2,291,8072.3m $89.9m $89.9m 1.96% Added +68.4k +68,436
69 TEACHER RETIREMENT SYSTEM OF TEXAS 0.59% of their portfolio AUSTIN, TX 2,266,1562.3m $88.9m $88.9m 0.59% Unchanged
70 MML INVESTORS SERVICES, LLC 0.49% of their portfolio SPRINGFIELD, MA 2,260,5842.3m $88.6m $88.6m 0.49% Added +152.3k +152,347
71 JMG Financial Group, Ltd. 4.27% of their portfolio DOWNERS GROVE, IL 2,257,9662.3m $88.5m $88.5m 4.27% Added +55.7k +55,720
72 LAKE STREET ADVISORS GROUP, LLC 5.19% of their portfolio PORTSMOUTH, NH 2,230,2182.2m $87.4m $87.4m 5.19% Reduced -12.4k -12,378
73 Cerity Partners LLC 0.41% of their portfolio NEW YORK, NY 2,175,4662.2m $85.3m $85.3m 0.41% Reduced -208.8k -208,809
74 Elm Partners Management LLC 8.59% of their portfolio Philadelphia, PA 2,118,6062.1m $83.1m $83.1m 8.59% Reduced -650.6k -650,647
75 Morningstar Investment Services LLC 1.03% of their portfolio CHICAGO, IL 2,040,0882.0m $79.9m $79.9m 1.03% Added +637.8k +637,770
76 ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio NASHVILLE, TN 2,022,0892.0m $79.3m $79.3m 0.03% Reduced -23.1k -23,061
77 Allen Investment Management, LLC 1.16% of their portfolio NEW YORK, NY 2,019,2602.0m $79.2m $79.2m 1.16% Unchanged
78 LINCOLN NATIONAL CORP 1.58% of their portfolio RADNOR, PA 1,996,9202.0m $78.3m $78.3m 1.58% Added +38.2k +38,217
79 Fusion Family Wealth, LLC 9.68% of their portfolio WOODBURY, NY 1,995,4772.0m $78.2m $78.2m 9.68% Added +45.2k +45,241
80 TORONTO DOMINION BANK 0.06% of their portfolio TORONTO, ONTARIO, A6 1,960,8002.0m $76.9m $76.9m 0.06% Added +1.4m +1,380,000
81 Ellevest, Inc. 5.89% of their portfolio NEW YORK, NY 1,953,6822.0m $76.6m $76.6m 5.89% Added +88.9k +88,944
82 Tidal Investments LLC 2.33% of their portfolio Milwaukee, WI 1,952,7512.0m $76.6m $76.6m 2.33% Reduced -212.2k -212,215
83 Badgley Phelps Wealth Managers, LLC 2.58% of their portfolio SEATTLE, WA 1,934,7891.9m $75.9m $75.9m 2.58% Added +59.8k +59,807
84 BESSEMER GROUP INC 0.17% of their portfolio WOODBRIDGE, NJ 1,919,0621.9m $75.2m $75.2m 0.17% Reduced -173.1k -173,077
85 CITADEL ADVISORS LLC 0.08% of their portfolio MIAMI, FL 1,901,0711.9m $74.5m $74.5m 0.08% Reduced -1.8m -1,759,571
86 Nicholas Hoffman & Company, LLC. 5.22% of their portfolio ATLANTA, GA 1,803,9611.8m $70.7m $70.7m 5.22% Added +369.2k +369,182
87 Modera Wealth Management, LLC 1.32% of their portfolio WESTWOOD, NJ 1,791,6341.8m $70.2m $70.2m 1.32% Added +7.0k +7,043
88 Rockefeller Capital Management L.P. 0.27% of their portfolio NEW YORK, NY 1,791,4241.8m $70.2m $70.2m 0.27% Added +165.6k +165,639
89 COLDSTREAM CAPITAL MANAGEMENT INC 2.27% of their portfolio BELLEVUE, WA 1,775,4391.8m $69.6m $69.6m 2.27% Added +24.6k +24,598
90 BLB&B Advisors, LLC 4.95% of their portfolio MONTGOMERYVILLE, PA 1,767,1361.8m $69.3m $69.3m 4.95% Added +98.6k +98,591
91 NEPC LLC 4.41% of their portfolio Boston, MA 1,756,8911.8m $68.9m $68.9m 4.41% Added +1.4m +1,400,264
92 MAI Capital Management 1.01% of their portfolio INDEPENDENCE, OH 1,723,1291.7m $67.6m $67.6m 1.01% Added +161.1k +161,063
93 Janney Montgomery Scott LLC 0.25% of their portfolio PHILADELPHIA, PA 1,708,0651.7m $67.0m $67.0m 0.25% Reduced -4.1k -4,071
94 COMERICA BANK 0.33% of their portfolio DALLAS, TX 1,635,3121.6m $64.1m $64.1m 0.33% New
95 Willis Johnson & Associates, Inc. 6.85% of their portfolio Houston, TX 1,627,8291.6m $63.8m $63.8m 6.85% Added +76.8k +76,771
96 Litman Gregory Wealth Management LLC 6.53% of their portfolio LARKSPUR, CA 1,613,6441.6m $63.3m $63.3m 6.53% Reduced -47.1k -47,068
97 BROWN ADVISORY INC 0.10% of their portfolio BALTIMORE, MD 1,612,6471.6m $63.2m $63.2m 0.10% Reduced -12.1k -12,123
98 Cresset Asset Management, LLC 0.42% of their portfolio Chicago, IL 1,538,1871.5m $60.3m $60.3m 0.42% Reduced -5.7k -5,687
99 Cetera Advisor Networks LLC 0.38% of their portfolio EL SEGUNDO, CA 1,536,0741.5m $60.2m $60.2m 0.38% Added +692.2k +692,168
100 SCHRODER INVESTMENT MANAGEMENT GROUP 0.09% of their portfolio London, X0 1,509,6201.5m $59.2m $59.2m 0.09% Added +1.1m +1,105,079