Vault-13

VANGUARD INTL EQUITY INDEX F VWO

FTSE EMR MKT ETF · ETP · CUSIP 922042858

2,062 institutional holders +23 vs Q1 2024
1,257,984,2871.3bn shares reported held*
$55.0bnreported value*
100 new 837 added 879 reduced 86 sold out net sold ≈ $3.5bn (-78.8m 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 ($51.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $43.76. Options: 6 managers hold calls ($57.1m notional), 6 hold puts ($57.1m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

01k2k3kQ3 22: 1,788Q4 22: 1,905Q1 23: 1,919Q2 23: 1,945Q3 23: 1,921Q4 23: 2,057Q1 24: 2,039Q2 24: 2,0622,062Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 20221,788
Q4 20221,905
Q1 20231,919
Q2 20231,945
Q3 20231,921
Q4 20232,057
Q1 20242,039
Q2 20242,062

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 outQ2 23: 937 bought or addedQ2 23: 877 cut or sold outQ2 23Q3 23: 949 bought or addedQ3 23: 842 cut or sold outQ4 23: 897 bought or addedQ4 23: 912 cut or sold outQ4 23Q1 24: 959 bought or addedQ1 24: 966 cut or sold outQ2 24: 937 bought or addedQ2 24: 965 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022896846
Q1 20231,023767
Q2 2023937877
Q3 2023949842
Q4 2023897912
Q1 2024959966
Q2 2024937965

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 23 calls: $49.9mQ3 23 puts: $67.9mQ3 23P/C 1.36Q4 23 calls: $46.6mQ4 23 puts: $61.5mQ4 23P/C 1.32Q1 24 calls: $54.7mQ1 24 puts: $68.4mQ1 24P/C 1.25Q2 24 calls: $57.1mQ2 24 puts: $57.1mQ2 24P/C 1.00
Numbers
QuarterCallsPutsP/C
Q3 2023$49.9m$67.9m1.36
Q4 2023$46.6m$61.5m1.32
Q1 2024$54.7m$68.4m1.25
Q2 2024$57.1m$57.1m1.00

Biggest buyers

OLD MISSION CAPITAL LLC Added +7,358,294+7.4m
JANE STREET GROUP, LLC Added +6,762,355+6.8m
Axiom Advisory, LLC Added +4,126,975+4.1m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +2,996,084+3.0m
BANK OF AMERICA CORP /DE/ Added +2,642,532+2.6m
Focus Partners Wealth Added +1,870,363+1.9m
BANK OF MONTREAL /CAN/ Added +1,837,347+1.8m
VANGUARD GROUP INC Added +1,545,458+1.5m
JANUS HENDERSON GROUP PLC New +1,459,032+1.5m
FLOW TRADERS U.S. LLC Added +1,422,735+1.4m

Biggest sellers

MORGAN STANLEY Reduced -90,011,238-90.0m
JONES FINANCIAL COMPANIES LLLP Reduced -9,453,755-9.5m
Betterment LLC Reduced -5,206,198-5.2m
SCS Capital Management LLC Reduced -3,829,722-3.8m
JPMORGAN CHASE & CO Reduced -3,178,352-3.2m
SCHRODER INVESTMENT MANAGEMENT GROUP Reduced -1,720,657-1.7m
Corient Private Wealth LP Reduced -1,613,368-1.6m
Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) Reduced -1,483,000-1.5m
TORONTO DOMINION BANK Reduced -1,375,000-1.4m
Alaska Permanent Fund Corp Reduced -1,030,143-1.0m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $32.1m733.5k shares
UBS Group AG New $14.0m318.9k shares
WELLS FARGO & COMPANY/MN Unchanged $4.9m112.0k shares
CITADEL ADVISORS LLC Added $4.8m109.5k shares
Walleye Trading LLC Added $669.5k15.3k shares
GTS SECURITIES LLC Reduced $669.5k15.3k shares

Biggest puts

UBS Group AG Added $28.4m648.6k shares
WELLS FARGO & COMPANY/MN Reduced $20.5m468.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.6m126.9k shares
CITADEL ADVISORS LLC Reduced $1.3m30.5k shares
Walleye Trading LLC Reduced $940.8k21.5k shares
GTS SECURITIES LLC Reduced $428.8k9.8k 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 BANK OF AMERICA CORP /DE/ 0.40% of their portfolio CHARLOTTE, NC 96,312,56696.3m $4.2bn $4.2bn 0.40% Added +2.6m +2,642,532
2 VANGUARD GROUP INC 0.05% of their portfolio Valley Forge, PA 61,846,26361.8m $2.7bn $2.7bn 0.05% Added +1.5m +1,545,458
3 Betterment LLC 6.65% of their portfolio NEW YORK, NY 58,617,98258.6m $2.6bn $2.6bn 6.65% Reduced -5.2m -5,206,198
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 2.51% of their portfolio MILWAUKEE, WI 58,217,00658.2m $2.5bn $2.5bn 2.51% Added +3.0m +2,996,084
5 MORGAN STANLEY 0.15% of their portfolio NEW YORK, NY 45,118,24245.1m $2.0bn $2.0bn 0.15% Reduced -90.0m -90,011,238
6 ENVESTNET ASSET MANAGEMENT INC 0.64% of their portfolio Berwyn, PA 41,669,42641.7m $1.8bn $1.8bn 0.64% Added +1.2m +1,204,848
7 Wealthfront Advisers LLC 6.00% of their portfolio Palo Alto, CA 40,763,52840.8m $1.8bn $1.8bn 6.00% Reduced -684.0k -683,998
8 WELLS FARGO & COMPANY/MN 0.46% of their portfolio SAN FRANCISCO, CA 40,674,36540.7m $1.8bn $1.8bn 0.46% Reduced -628.8k -628,793
9 JANE STREET GROUP, LLC 1.54% of their portfolio NEW YORK, NY 32,415,84032.4m $1.4bn $1.4bn 1.54% Added +6.8m +6,762,355
10 Empower Advisory Group, LLC 5.01% of their portfolio Greenwood Village, CO 30,830,50630.8m $1.3bn $1.3bn 5.01% Added +191.1k +191,147
11 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 28,546,86428.5m $1.2bn $1.2bn 0.05% Reduced -3.2m -3,178,352
12 NORTHERN TRUST CORP 0.19% of their portfolio CHICAGO, IL 25,103,81925.1m $1.1bn $1.1bn 0.19% Added +1.3m +1,328,785
13 Financial Engines Advisors L.L.C. 2.17% of their portfolio SANTA CLARA, CA 22,316,33722.3m $976.6m $976.6m 2.17% Added +812.2k +812,200
14 GOLDMAN SACHS GROUP INC 0.18% of their portfolio NEW YORK, NY 20,732,96920.7m $907.3m $907.3m 0.18% Added +64.1k +64,102
15 Creative Planning 0.97% of their portfolio OVERLAND PARK, KS 20,699,68420.7m $905.8m $905.8m 0.97% Reduced -923.0k -923,000
16 UBS Group AG 0.23% of their portfolio ZURICH, V8 17,113,26017.1m $748.9m $748.9m 0.23% Reduced -346.5k -346,530
17 WealthNavi Inc. 9.03% of their portfolio Shinagawa-ku, TOKYO, M0 16,265,39616.3m $711.8m $711.8m 9.03% Reduced -435.3k -435,307
18 South Dakota Investment Council 12.25% of their portfolio SIOUX FALLS, SD 13,658,40613.7m $597.7m $597.7m 12.25% Reduced -39.3k -39,342
19 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 1.41% of their portfolio PLYMOUTH, MN 13,611,19913.6m $595.6m $595.6m 1.41% Added +635.3k +635,269
20 ROYAL BANK OF CANADA 0.13% of their portfolio TORONTO, A6 12,550,14012.6m $549.2m $549.2m 0.13% Added +201.7k +201,685
21 Mariner, LLC 1.02% of their portfolio Overland Park, KS 11,996,05612.0m $524.9m $524.9m 1.02% Added +386.2k +386,222
22 SEI INVESTMENTS CO 0.74% of their portfolio OAKS, PA 11,890,10811.9m $520.3m $520.3m 0.74% Reduced -265.7k -265,677
23 LPL Financial LLC 0.26% of their portfolio FORT MILL, SC 11,835,81011.8m $517.9m $517.9m 0.26% Added +277.4k +277,366
24 Bank of New York Mellon Corp 0.09% of their portfolio NEW YORK, NY 10,556,06810.6m $461.9m $461.9m 0.09% Reduced -429.9k -429,864
25 PNC Financial Services Group, Inc. 0.30% of their portfolio Pittsburgh, PA 10,345,30010.3m $452.7m $452.7m 0.30% Reduced -409.9k -409,931
26 TIAA TRUST, NATIONAL ASSOCIATION 1.28% of their portfolio CHARLOTTE, NC 9,453,8089.5m $413.7m $413.7m 1.28% Added +152.2k +152,189
27 US BANCORP \DE\ 0.52% of their portfolio MINNEAPOLIS, MN 8,784,2488.8m $384.4m $384.4m 0.52% Reduced -20.6k -20,583
28 MERCER GLOBAL ADVISORS INC /ADV 1.01% of their portfolio DENVER, CO 8,578,8808.6m $372.4m $372.4m 1.01% Added +748.6k +748,581
29 MATHER GROUP, LLC. 4.35% of their portfolio CHICAGO, IL 8,459,0138.5m $353.3m $353.3m 4.35% Added +804.9k +804,879
30 OLD MISSION CAPITAL LLC 9.68% of their portfolio CHICAGO, IL 8,427,3458.4m $368.8m $368.8m 9.68% Added +7.4m +7,358,294
31 COMMONWEALTH EQUITY SERVICES, LLC 0.50% of their portfolio WALTHAM, MA 7,173,7357.2m $313.9m $313.9m 0.50% Added +340.1k +340,072
32 AMERIPRISE FINANCIAL INC 0.08% of their portfolio MINNEAPOLIS, MN 6,793,3836.8m $297.3m $297.3m 0.08% Added +784.7k +784,736
33 BANK OF MONTREAL /CAN/ 0.09% of their portfolio TORONTO, A6 6,755,4176.8m $297.2m $297.2m 0.09% Added +1.8m +1,837,347
34 Millburn Ridgefield LLC /DE/ 7.87% of their portfolio New York, NY 6,743,9306.7m $295.1m $295.1m 7.87% Unchanged
35 Catalyst Capital Advisors LLC 6.81% of their portfolio San Juan, PR 6,743,9306.7m $295.1m $295.1m 6.81% Unchanged
36 CITIGROUP INC 0.27% of their portfolio NEW YORK, NY 6,344,7196.3m $277.6m $277.6m 0.27% Reduced -3.6k -3,597
37 Alaska Permanent Fund Corp 3.79% of their portfolio JUNEAU, AK 5,770,4975.8m $255.6m $255.6m 3.79% Reduced -1.0m -1,030,143
38 Corient Private Wealth LP 0.43% of their portfolio MIAMI, FL 5,645,6675.6m $247.1m $247.1m 0.43% Reduced -1.6m -1,613,368
39 Envestnet Portfolio Solutions, Inc. 0.84% of their portfolio BERWYN, PA 5,530,9635.5m $242.0m $242.0m 0.84% Added +63.9k +63,859
40 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.22% of their portfolio Toronto, A6 5,279,1875.3m $231.0m $231.0m 0.22% Reduced -282.6k -282,575
41 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 5,088,2925.1m $222.7m $222.7m 0.04% Reduced -441.5k -441,513
42 HighTower Advisors, LLC 0.34% of their portfolio CHICAGO, IL 5,027,6885.0m $220.0m $220.0m 0.34% Reduced -96.4k -96,399
43 Axiom Advisory, LLC 1.97% of their portfolio SAN DIEGO, CA 4,192,0394.2m $180.6m $180.6m 1.97% Added +4.1m +4,126,975
44 Bridgewater Associates, LP 0.95% of their portfolio Westport, CT 4,156,4734.2m $181.9m $181.9m 0.95% Reduced -670.3k -670,270
45 Valmark Advisers, Inc. 2.96% of their portfolio AKRON, OH 3,985,3054.0m $174.4m $174.4m 2.96% Added +62.1k +62,096
46 SIGNATUREFD, LLC 3.23% of their portfolio ATLANTA, GA 3,635,8033.6m $159.1m $159.1m 3.23% Added +117.6k +117,573
47 CIBC Private Wealth Group LLC 0.30% of their portfolio ATLANTA, GA 3,631,8353.6m $162.2m $162.2m 0.30% Added +28.4k +28,359
48 SUMITOMO LIFE INSURANCE CO 3.65% of their portfolio TOKYO, M0 3,609,9373.6m $158.0m $158.0m 3.65% Reduced -602.1k -602,070
49 Focus Partners Wealth 0.52% of their portfolio ST LOUIS, MO 3,551,2363.6m $155.4m $155.4m 0.52% Added +1.9m +1,870,363
50 Baird Financial Group, Inc. 0.32% of their portfolio MILWAUKEE, WI 3,531,5903.5m $154.5m $154.5m 0.32% Added +25.1k +25,118
51 SCS Capital Management LLC 3.22% of their portfolio BOSTON, MA 3,513,8983.5m $153.8m $153.8m 3.22% Reduced -3.8m -3,829,722
52 Nicholas Hoffman & Company, LLC. 6.88% of their portfolio ATLANTA, GA 3,350,8103.4m $146.6m $146.6m 6.88% Added +469.3k +469,279
53 STIFEL FINANCIAL CORP 0.16% of their portfolio ST. LOUIS, MO 3,340,4803.3m $146.2m $146.2m 0.16% Reduced -846.3k -846,300
54 EP Wealth Advisors, LLC 1.55% of their portfolio TORRANCE, CA 3,323,5983.3m $145.4m $145.4m 1.55% Added +412.4k +412,393
55 Morningstar Investment Services LLC 1.57% of their portfolio CHICAGO, IL 3,320,2253.3m $144.9m $144.9m 1.57% Added +441.9k +441,874
56 Wealthspire Advisors, LLC 1.84% of their portfolio NEW YORK, NY 3,292,0613.3m $144.1m $144.1m 1.84% Added +208.2k +208,211
57 REGIONS FINANCIAL CORP 1.02% of their portfolio BIRMINGHAM, AL 3,078,7483.1m $134.7m $134.7m 1.02% Reduced -53.4k -53,360
58 Raymond James Financial Services Advisors, Inc. 0.19% of their portfolio ST. PETERSBURG, FL 3,037,8053.0m $132.9m $132.9m 0.19% Reduced -170.1k -170,126
59 ALLIANCEBERNSTEIN L.P. 0.05% of their portfolio NASHVILLE, TN 3,010,4593.0m $131.7m $131.7m 0.05% Added +1.0m +1,044,266
60 Sand Hill Global Advisors, LLC 5.92% of their portfolio Palo Alto, CA 2,980,8733.0m $130.4m $130.4m 5.92% Added +14.2k +14,248
61 KEYBANK NATIONAL ASSOCIATION/OH 0.53% of their portfolio BROOKLYN, OH 2,969,1453.0m $129.9m $129.9m 0.53% Reduced -245.5k -245,535
62 BRIDGES INVESTMENT MANAGEMENT INC 1.96% of their portfolio OMAHA, NE 2,947,1192.9m $129.0m $129.0m 1.96% Added +863.7k +863,720
63 RAYMOND JAMES & ASSOCIATES 0.08% of their portfolio ST PETERSBURG, FL 2,921,8622.9m $127.9m $127.9m 0.08% Reduced -81.3k -81,296
64 CHOREO, LLC 2.08% of their portfolio ROCKFORD, IL 2,890,4602.9m $124.0m $124.0m 2.08% Added +116.6k +116,571
65 Elm Partners Management LLC 9.55% of their portfolio Philadelphia, PA 2,842,3282.8m $124.4m $124.4m 9.55% Added +37.2k +37,199
66 M&T Bank Corp 0.42% of their portfolio BUFFALO, NY 2,829,9652.8m $123.8m $123.8m 0.42% Reduced -254.6k -254,606
67 NEPC LLC 3.98% of their portfolio Boston, MA 2,755,6092.8m $120.6m $120.6m 3.98% Added +24.1k +24,130
68 RWA WEALTH PARTNERS, LLC 1.55% of their portfolio BOSTON, MA 2,688,3122.7m $117.6m $117.6m 1.55% Added +59.4k +59,431
69 OSAIC HOLDINGS, INC. 0.28% of their portfolio SCOTTSDALE, AZ 2,681,2272.7m $117.4m $117.4m 0.28% Reduced -2.3k -2,272
70 Ballentine Partners, LLC 2.16% of their portfolio Waltham, MA 2,673,9592.7m $117.0m $117.0m 2.16% Reduced -209.8k -209,755
71 Jasper Ridge Partners, L.P. 3.72% of their portfolio MENLO PARK, CA 2,625,3782.6m $114.9m $114.9m 3.72% Added +121.8k +121,812
72 Cetera Investment Advisers 0.26% of their portfolio SCHAUMBURG, IL 2,623,6092.6m $114.8m $114.8m 0.26% Added +53.3k +53,305
73 JMG Financial Group, Ltd. 4.24% of their portfolio DOWNERS GROVE, IL 2,597,7382.6m $113.7m $113.7m 4.24% Added +105.2k +105,230
74 JONES FINANCIAL COMPANIES LLLP 0.13% of their portfolio DES PERES, MO 2,555,4132.6m $111.8m $111.8m 0.13% Reduced -9.5m -9,453,755
75 Cerity Partners LLC 0.30% of their portfolio NEW YORK, NY 2,487,2662.5m $108.8m $108.8m 0.30% Added +147.7k +147,728
76 MAI Capital Management 1.01% of their portfolio INDEPENDENCE, OH 2,344,1082.3m $102.6m $102.6m 1.01% Added +166.8k +166,844
77 Summit Rock Advisors, LP 31.47% of their portfolio New York, NY 2,326,0862.3m $101.8m $101.8m 31.47% Reduced -196.7k -196,663
78 MML INVESTORS SERVICES, LLC 0.41% of their portfolio SPRINGFIELD, MA 2,324,0082.3m $101.7m $101.7m 0.41% Added +49.0k +49,048
79 BOKF, NA 1.82% of their portfolio TULSA, OK 2,313,7022.3m $101.2m $101.2m 1.82% Added +970.3k +970,325
80 TEACHER RETIREMENT SYSTEM OF TEXAS 0.56% of their portfolio AUSTIN, TX 2,266,1562.3m $99.2m $99.2m 0.56% Unchanged
81 LAKE STREET ADVISORS GROUP, LLC 4.67% of their portfolio PORTSMOUTH, NH 2,221,0772.2m $97.2m $97.2m 4.67% Reduced -24.3k -24,299
82 BLB&B Advisors, LLC 5.20% of their portfolio MONTGOMERYVILLE, PA 2,167,7162.2m $94.9m $94.9m 5.20% Added +190.3k +190,283
83 Ellevest, Inc. 5.67% of their portfolio NEW YORK, NY 2,160,6012.2m $94.5m $94.5m 5.67% Added +37.3k +37,310
84 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 2.02% of their portfolio MINNEAPOLIS, MN 2,153,5102.2m $94.2m $94.2m 2.02% Added +104.2k +104,175
85 Fusion Family Wealth, LLC 9.35% of their portfolio WOODBURY, NY 2,097,3862.1m $91.8m $91.8m 9.35% Added +57.7k +57,745
86 Badgley Phelps Wealth Managers, LLC 2.27% of their portfolio SEATTLE, WA 2,094,1502.1m $91.6m $91.6m 2.27% Reduced -6.2k -6,243
87 Rockefeller Capital Management L.P. 0.25% of their portfolio NEW YORK, NY 2,012,4782.0m $88.1m $88.1m 0.25% Added +178.1k +178,074
88 Money Design Co.,Ltd. 4.72% of their portfolio TOKYO, M0 2,003,1332.0m $87.7m $87.7m 4.72% Added +223.9k +223,884
89 Willis Johnson & Associates, Inc. 7.17% of their portfolio Houston, TX 1,999,1282.0m $87.5m $87.5m 7.17% Added +99.4k +99,384
90 LINCOLN NATIONAL CORP 2.86% of their portfolio RADNOR, PA 1,931,2061.9m $84.5m $84.5m 2.86% Reduced -242.0k -242,014
91 Facet Wealth, Inc. 2.57% of their portfolio WEST PALM BEACH, FL 1,922,4431.9m $83.5m $83.5m 2.57% Added +230.3k +230,253
92 Janney Montgomery Scott LLC 0.25% of their portfolio PHILADELPHIA, PA 1,882,0851.9m $82.4m $82.4m 0.25% Added +16.7k +16,715
93 FLOW TRADERS U.S. LLC 4.01% of their portfolio NEW YORK, NY 1,858,3631.9m $81.3m $81.3m 4.01% Added +1.4m +1,422,735
94 SOFI WEALTH, LLC 6.71% of their portfolio SAN FRANCISCO, CA 1,828,1401.8m $80.0m $80.0m 6.71% Added +171.7k +171,661
95 Wedmont Private Capital 5.23% of their portfolio WEST CHESTER, PA 1,823,0201.8m $83.1m $83.1m 5.23% Added +168.1k +168,142
96 FIFTH THIRD BANCORP 0.29% of their portfolio CINCINNATI, OH 1,749,1801.7m $76.5m $76.5m 0.29% Reduced -43.2k -43,188
97 Steele Capital Management, Inc. 4.24% of their portfolio DUBUQUE, IA 1,737,2951.7m $76.0m $76.0m 4.24% Reduced -2.5k -2,502
98 Modera Wealth Management, LLC 1.12% of their portfolio WESTWOOD, NJ 1,737,0531.7m $76.0m $76.0m 1.12% Reduced -37.6k -37,556
99 BESSEMER GROUP INC 0.13% of their portfolio WOODBRIDGE, NJ 1,730,5241.7m $75.7m $75.7m 0.13% Reduced -30.9k -30,881
100 Pure Financial Advisors, LLC 1.95% of their portfolio SAN DIEGO, CA 1,605,2311.6m $70.2m $70.2m 1.95% Added +125.7k +125,681