Vault-13

VANGUARD INTL EQUITY INDEX F VWO

FTSE EMR MKT ETF · ETP · CUSIP 922042858

2,606 institutional holders +49 vs Q1 2026
1,483,130,1111.5bn shares reported held*
$88.6bnreported value*
145 new 1,208 added 915 reduced 94 sold out net bought ≈ $2.2bn (+33.2m 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 ($127.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $59.77. Options: 8 managers hold calls ($74.3m notional), 9 hold puts ($72.7m).

Trends to Q2 2026

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: 2,062Q3 24: 2,095Q4 24: 2,241Q1 25: 2,222Q2 25: 2,272Q3 25: 2,310Q4 25: 2,503Q1 26: 2,557Q2 26: 2,6062,606Q3 22Q3 23Q3 24Q3 25Q2 26
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
Q3 20242,095
Q4 20242,241
Q1 20252,222
Q2 20252,272
Q3 20252,310
Q4 20252,503
Q1 20262,557
Q2 20262,606

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ3 24: 1,000 bought or addedQ3 24: 933 cut or sold outQ4 24: 1,113 bought or addedQ4 24: 838 cut or sold outQ4 24Q1 25: 1,101 bought or addedQ1 25: 989 cut or sold outQ2 25: 1,122 bought or addedQ2 25: 952 cut or sold outQ2 25Q3 25: 1,177 bought or addedQ3 25: 916 cut or sold outQ4 25: 1,311 bought or addedQ4 25: 805 cut or sold outQ4 25Q1 26: 1,305 bought or addedQ1 26: 958 cut or sold outQ2 26: 1,353 bought or addedQ2 26: 1,009 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241,000933
Q4 20241,113838
Q1 20251,101989
Q2 20251,122952
Q3 20251,177916
Q4 20251,311805
Q1 20261,305958
Q2 20261,3531,009

Calls vs puts

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

CallsPuts
$0$20m$40m$60m$80mQ3 25 calls: $40.3mQ3 25 puts: $59.7mQ3 25P/C 1.48Q4 25 calls: $53.7mQ4 25 puts: $45.9mQ4 25P/C 0.85Q1 26 calls: $64.1mQ1 26 puts: $60.2mQ1 26P/C 0.94Q2 26 calls: $74.3mQ2 26 puts: $72.7mQ2 26P/C 0.98
Numbers
QuarterCallsPutsP/C
Q3 2025$40.3m$59.7m1.48
Q4 2025$53.7m$45.9m0.85
Q1 2026$64.1m$60.2m0.94
Q2 2026$74.3m$72.7m0.98

Biggest buyers

Financial Engines Advisors L.L.C. Added +10,366,258+10.4m
BANK OF AMERICA CORP /DE/ Added +9,390,027+9.4m
Vanguard Global Advisers, LLC Added +3,639,325+3.6m
LINCOLN NATIONAL CORP New +2,244,009+2.2m
MAI Capital Management Added +2,016,106+2.0m
MORGAN STANLEY Added +1,821,799+1.8m
ROYAL BANK OF CANADA Added +1,764,093+1.8m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +1,640,577+1.6m
Cambridge Investment Research Advisors, Inc. Added +1,179,031+1.2m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +1,090,838+1.1m

Biggest sellers

Gallagher Fiduciary Advisors, LLC Reduced -3,163,318-3.2m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -2,510,518-2.5m
WELLS FARGO & COMPANY/MN Reduced -1,916,484-1.9m
EVOKE WEALTH, LLC Sold out -1,885,136-1.9m
NORTHERN TRUST CORP Reduced -1,759,594-1.8m
Kestra Investment Management, LLC Reduced -1,660,188-1.7m
EP Wealth Advisors, LLC Reduced -1,441,257-1.4m
WIT, LLC Reduced -1,150,809-1.2m
TD Asset Management Inc Sold out -923,751-923.8k
STIFEL FINANCIAL CORP Reduced -833,463-833.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $33.2m557.0k shares
Walleye Trading LLC Added $13.4m225.3k shares
Tidal Investments LLC Added $8.0m133.8k shares
CITADEL ADVISORS LLC Reduced $7.6m127.9k shares
WELLS FARGO & COMPANY/MN Added $6.4m108.0k shares
UBS Group AG New $3.1m51.9k shares
JANE STREET GROUP, LLC Added $2.5m41.5k shares
Belvedere Trading LLC New $6.0k100 shares

Biggest puts

Walleye Trading LLC Added $25.7m431.2k shares
WELLS FARGO & COMPANY/MN Reduced $21.3m356.7k shares
UBS Group AG New $7.4m123.6k shares
BARCLAYS PLC New $6.0m99.8k shares
CITADEL ADVISORS LLC Reduced $5.6m94.1k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.0m83.8k shares
JANE STREET GROUP, LLC Added $1.6m27.2k shares
Belvedere Trading LLC New $71.6k1.2k shares
Cresset Asset Management, LLC New $11.9k200 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.59% of their portfolio CHARLOTTE, NC 154,196,277154.2m $9.2bn $9.2bn 0.59% Added +9.4m +9,390,027
2 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 2.48% of their portfolio MILWAUKEE, WI 77,649,60177.6m $4.6bn $4.6bn 2.48% Reduced -2.5m -2,510,518
3 Vanguard Global Advisers, LLC 1.58% of their portfolio MALVERN, PA 56,892,97956.9m $3.4bn $3.4bn 1.58% Added +3.6m +3,639,325
4 MORGAN STANLEY 0.18% of their portfolio NEW YORK, NY 55,839,05755.8m $3.3bn $3.3bn 0.18% Added +1.8m +1,821,799
5 Betterment LLC 5.44% of their portfolio NEW YORK, NY 53,881,85353.9m $3.2bn $3.2bn 5.44% Added +510.1k +510,126
6 NORTHERN TRUST CORP 0.34% of their portfolio CHICAGO, IL 48,574,31948.6m $2.9bn $2.9bn 0.34% Reduced -1.8m -1,759,594
7 Wealthfront Advisers LLC 5.34% of their portfolio Palo Alto, CA 46,521,16146.5m $2.8bn $2.8bn 5.34% Added +599.5k +599,495
8 WELLS FARGO & COMPANY/MN 0.43% of their portfolio SAN FRANCISCO, CA 41,004,69041.0m $2.4bn $2.4bn 0.43% Reduced -1.9m -1,916,484
9 ENVESTNET ASSET MANAGEMENT INC 0.57% of their portfolio Berwyn, PA 40,194,65240.2m $2.4bn $2.4bn 0.57% Added +629.9k +629,936
10 WIT, LLC 36.83% of their portfolio DISTRICT OF COLUMBIA, DC 38,637,52938.6m $2.3bn $2.3bn 36.83% Reduced -1.2m -1,150,809
11 Empower Advisory Group, LLC 5.09% of their portfolio Greenwood Village, CO 35,767,19335.8m $2.1bn $2.1bn 5.09% Added +233.1k +233,070
12 Financial Engines Advisors L.L.C. 3.68% of their portfolio SANTA CLARA, CA 34,713,91634.7m $2.1bn $2.1bn 3.68% Added +10.4m +10,366,258
13 Vanguard Investments Australia, Ltd. 3.46% of their portfolio Victoria, C3 23,275,55723.3m $1.4bn $1.4bn 3.46% Added +967.0k +967,005
14 UBS Group AG 0.20% of their portfolio ZURICH, V8 21,424,09221.4m $1.3bn $1.3bn 0.20% Added +240.6k +240,561
15 Creative Planning 0.62% of their portfolio OVERLAND PARK, KS 17,840,33417.8m $1.1bn $1.1bn 0.62% Reduced -380.9k -380,872
16 LPL Financial LLC 0.23% of their portfolio FORT MILL, SC 16,888,64916.9m $1.0bn $1.0bn 0.23% Added +545.6k +545,554
17 WealthNavi Inc. 7.77% of their portfolio Shinagawa-ku, TOKYO, M0 16,623,31516.6m $992.2m $992.2m 7.77% Added +521.4k +521,371
18 MERCER GLOBAL ADVISORS INC /ADV 1.22% of their portfolio DENVER, CO 16,554,55316.6m $988.1m $988.1m 1.22% Reduced -38.9k -38,920
19 ROYAL BANK OF CANADA 0.16% of their portfolio TORONTO, A6 15,727,07715.7m $938.7m $938.7m 0.16% Added +1.8m +1,764,093
20 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 15,178,99415.2m $898.3m $898.3m 0.05% Added +159.3k +159,282
21 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 1.46% of their portfolio PLYMOUTH, MN 14,600,41014.6m $868.1m $868.1m 1.46% Added +1.6m +1,640,577
22 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 14,493,73614.5m $865.1m $865.1m 0.09% Reduced -309.0k -308,961
23 Mariner, LLC 0.89% of their portfolio Overland Park, KS 14,143,57514.1m $844.1m $844.1m 0.89% Added +116.3k +116,272
24 AMERIPRISE FINANCIAL INC 0.16% of their portfolio MINNEAPOLIS, MN 12,893,64912.9m $775.7m $775.7m 0.16% Reduced -461.3k -461,277
25 VANGUARD CAPITAL MANAGEMENT LLC 0.02% of their portfolio MALVERN, PA 12,737,29612.7m $760.3m $760.3m 0.02% Unchanged
26 SEI INVESTMENTS CO 0.60% of their portfolio OAKS, PA 11,412,10411.4m $681.2m $681.2m 0.60% Added +114.5k +114,504
27 Bank of New York Mellon Corp 0.11% of their portfolio NEW YORK, NY 11,294,20511.3m $674.2m $674.2m 0.11% Reduced -194.3k -194,317
28 PNC Financial Services Group, Inc. 0.31% of their portfolio Pittsburgh, PA 10,476,66610.5m $625.4m $625.4m 0.31% Added +22.5k +22,547
29 South Dakota Investment Council 10.57% of their portfolio SIOUX FALLS, SD 10,336,53810.3m $617.0m $617.0m 10.57% Reduced -305.5k -305,463
30 Corient Private Wealth LP 0.66% of their portfolio MIAMI, FL 8,013,9268.0m $478.4m $478.4m 0.66% Reduced -524.9k -524,878
31 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 1.61% of their portfolio CHARLOTTE, NC 7,814,8857.8m $466.5m $466.5m 1.61% Added +34.4k +34,431
32 Baird Financial Group, Inc. 0.62% of their portfolio MILWAUKEE, WI 7,517,9517.5m $448.7m $448.7m 0.62% Added +489.1k +489,053
33 RAYMOND JAMES FINANCIAL INC 0.12% of their portfolio ST. PETERSBURG, FL 7,237,7427.2m $432.0m $432.0m 0.12% Reduced -237.0k -236,961
34 Millburn Ridgefield LLC /DE/ 7.97% of their portfolio New York, NY 7,055,2197.1m $421.1m $421.1m 7.97% Added +33.4k +33,449
35 Catalyst Capital Advisors LLC 6.99% of their portfolio San Juan, PR 7,055,2197.1m $421.1m $421.1m 6.99% Added +33.4k +33,449
36 HighTower Advisors, LLC 0.39% of their portfolio CHICAGO, IL 6,857,6886.9m $409.3m $409.3m 0.39% Reduced -423.5k -423,511
37 Nicholas Hoffman & Company, LLC. 8.40% of their portfolio ATLANTA, GA 6,665,5016.7m $397.9m $397.9m 8.40% Added +35.3k +35,317
38 US BANCORP \DE\ 0.41% of their portfolio MINNEAPOLIS, MN 6,358,7976.4m $379.6m $379.6m 0.41% Reduced -7.5k -7,481
39 Jasper Ridge Partners, L.P. 8.01% of their portfolio MENLO PARK, CA 6,296,2576.3m $375.8m $375.8m 8.01% Added +604.1k +604,137
40 EP Wealth Advisors, LLC 1.42% of their portfolio TORRANCE, CA 6,231,2296.2m $371.9m $371.9m 1.42% Reduced -1.4m -1,441,257
41 REGIONS FINANCIAL CORP 2.19% of their portfolio BIRMINGHAM, AL 6,156,9846.2m $367.5m $367.5m 2.19% Added +384.4k +384,367
42 COMMONWEALTH EQUITY SERVICES, LLC 0.44% of their portfolio WALTHAM, MA 5,908,9015.9m $352.7m $352.7m 0.44% Reduced -184.6k -184,553
43 MAI Capital Management 1.32% of their portfolio INDEPENDENCE, OH 5,797,6385.8m $346.1m $346.1m 1.32% Added +2.0m +2,016,106
44 STIFEL FINANCIAL CORP 0.27% of their portfolio ST. LOUIS, MO 5,347,8915.3m $319.2m $319.2m 0.27% Reduced -833.5k -833,463
45 JONES FINANCIAL COMPANIES LLLP 0.12% of their portfolio DES PERES, MO 5,276,6395.3m $311.6m $311.6m 0.12% Added +429.7k +429,736
46 Wealthspire Advisors, LLC 1.71% of their portfolio NEW YORK, NY 5,198,1745.2m $310.3m $310.3m 1.71% Added +300.8k +300,752
47 Cetera Investment Advisers 0.27% of their portfolio SCHAUMBURG, IL 5,010,3895.0m $299.1m $299.1m 0.27% Added +200.8k +200,807
48 SIGNATUREFD, LLC 3.86% of their portfolio ATLANTA, GA 4,836,0014.8m $288.7m $288.7m 3.86% Added +363.0k +362,993
49 Cerity Partners LLC 0.33% of their portfolio NEW YORK, NY 4,827,7194.8m $273.0m $273.0m 0.33% Added +626.4k +626,426
50 RWA WEALTH PARTNERS, LLC 2.66% of their portfolio BOSTON, MA 4,661,1394.7m $278.2m $278.2m 2.66% Added +142.7k +142,669
51 Valmark Advisers, Inc. 2.93% of their portfolio AKRON, OH 4,626,6344.6m $276.2m $276.2m 2.93% Added +26.9k +26,857
52 BlackRock, Inc. 0.00% of their portfolio New York, NY 4,559,7124.6m $272.2m $272.2m 0.00% Added +51.8k +51,816
53 Elm Partners Management LLC 9.68% of their portfolio Philadelphia, PA 4,517,8004.5m $269.7m $269.7m 9.68% Reduced -114.4k -114,393
54 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 3.31% of their portfolio MINNEAPOLIS, MN 4,224,6144.2m $252.2m $252.2m 3.31% Added +99.4k +99,434
55 Facet Wealth, Inc. 3.61% of their portfolio WEST PALM BEACH, FL 4,214,9124.2m $251.6m $251.6m 3.61% Added +479.5k +479,541
56 CIBC Bancorp USA Inc. 0.28% of their portfolio CHICAGO, IL 3,809,8213.8m $227.3m $227.3m 0.28% Added +734.1k +734,080
57 Focus Partners Wealth 0.23% of their portfolio ST LOUIS, MO 3,800,2833.8m $226.8m $226.8m 0.23% Added +37.2k +37,185
58 SCS Capital Management LLC 2.03% of their portfolio BOSTON, MA 3,598,2043.6m $214.8m $214.8m 2.03% Reduced -3.8k -3,783
59 Wedmont Private Capital 5.87% of their portfolio WEST CHESTER, PA 3,571,6703.6m $213.9m $213.9m 5.87% Added +290.8k +290,807
60 BRIDGES INVESTMENT MANAGEMENT INC 2.53% of their portfolio OMAHA, NE 3,479,2783.5m $207.7m $207.7m 2.53% Added +23.6k +23,605
61 MML INVESTORS SERVICES, LLC 0.42% of their portfolio SPRINGFIELD, MA 3,455,9053.5m $206.3m $206.3m 0.42% Added +542.4k +542,419
62 BOKF, NA 2.81% of their portfolio TULSA, OK 3,409,6223.4m $203.5m $203.5m 2.81% Added +24.1k +24,077
63 BANK OF MONTREAL /CAN/ 0.07% of their portfolio TORONTO, A6 3,384,2143.4m $202.0m $202.0m 0.07% Reduced -54.9k -54,940
64 OSAIC HOLDINGS, INC. 0.23% of their portfolio SCOTTSDALE, AZ 3,268,6363.3m $195.2m $195.2m 0.23% Added +370.2k +370,198
65 Rockefeller Capital Management L.P. 0.29% of their portfolio NEW YORK, NY 3,121,0153.1m $186.3m $186.3m 0.29% Reduced -13.6k -13,629
66 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 2.66% of their portfolio BOSTON, MA 3,083,6573.1m $184.1m $184.1m 2.66% Added +151.1k +151,110
67 CHOREO, LLC 2.00% of their portfolio ROCKFORD, IL 3,059,8813.1m $182.6m $182.6m 2.00% Reduced -184.0k -184,016
68 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.13% of their portfolio Toronto, A6 3,050,0553.1m $171.1m $171.1m 0.13% Reduced -134.1k -134,078
69 NEPC LLC 3.36% of their portfolio Boston, MA 3,017,4153.0m $180.1m $180.1m 3.36% Unchanged
70 HUNTINGTON NATIONAL BANK 0.86% of their portfolio COLUMBUS, OH 2,951,4073.0m $176.2m $176.2m 0.86% Added +8.4k +8,353
71 FIFTH THIRD BANCORP 0.28% of their portfolio CINCINNATI, OH 2,934,1422.9m $175.1m $175.1m 0.28% Reduced -7.6k -7,561
72 JMG Financial Group, Ltd. 4.18% of their portfolio DOWNERS GROVE, IL 2,898,4902.9m $173.0m $173.0m 4.18% Reduced -31.8k -31,837
73 Ballentine Partners, LLC 2.07% of their portfolio Waltham, MA 2,831,9072.8m $169.0m $169.0m 2.07% Reduced -127 -127
74 BLB&B Advisors, LLC 6.13% of their portfolio MONTGOMERYVILLE, PA 2,807,3532.8m $167.6m $167.6m 6.13% Added +85.2k +85,216
75 VANTAGEPOINT INVESTMENT ADVISERS LLC 1.24% of their portfolio WASHINGTON, DC 2,781,4832.8m $166.0m $166.0m 1.24% Added +40.8k +40,823
76 Bridgewater Associates, LP 0.67% of their portfolio Westport, CT 2,746,8192.7m $164.0m $164.0m 0.67% Added +25.1k +25,079
77 KEYBANK NATIONAL ASSOCIATION/OH 0.52% of their portfolio BROOKLYN, OH 2,648,4212.6m $158.1m $158.1m 0.52% Reduced -10.5k -10,467
78 SOFI WEALTH, LLC 6.30% of their portfolio SAN FRANCISCO, CA 2,623,0742.6m $156.6m $156.6m 6.30% Added +129.5k +129,493
79 Badgley Phelps Wealth Managers, LLC 2.65% of their portfolio SEATTLE, WA 2,538,2032.5m $151.5m $151.5m 2.65% Added +52.2k +52,240
80 M&T Bank Corp 0.43% of their portfolio BUFFALO, NY 2,442,8712.4m $145.8m $145.8m 0.43% Reduced -37.7k -37,694
81 Pure Financial Advisors, LLC 1.84% of their portfolio SAN DIEGO, CA 2,420,0432.4m $144.5m $144.5m 1.84% Added +28.1k +28,063
82 Sand Hill Global Advisors, LLC 4.35% of their portfolio Palo Alto, CA 2,419,1562.4m $144.4m $144.4m 4.35% Reduced -809.0k -808,965
83 SBI Okasan Asset Management Co.Ltd. 4.65% of their portfolio TOKYO, M0 2,390,9402.4m $141.5m $141.5m 4.65% Reduced -715.1k -715,110
84 ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio NASHVILLE, TN 2,358,8582.4m $127.5m $127.5m 0.04% Added +106.2k +106,189
85 TD Waterhouse Canada Inc. 0.37% of their portfolio TORONTO, A6 2,350,5972.4m $139.3m $139.3m 0.37% Added +223.2k +223,227
86 Johnson Financial Group, LLC 7.52% of their portfolio Denver, CO 2,337,5502.3m $139.5m $139.5m 7.52% Added +204.5k +204,509
87 Cambridge Investment Research Advisors, Inc. 0.15% of their portfolio FAIRFIELD, IA 2,254,9982.3m $134.6m $134.6m 0.15% Added +1.2m +1,179,031
88 LINCOLN NATIONAL CORP 3.43% of their portfolio RADNOR, PA 2,244,0092.2m $133.9m $133.9m 3.43% New
89 Janney Montgomery Scott LLC 0.24% of their portfolio PHILADELPHIA, PA 2,115,4652.1m $126.3m $126.3m 0.24% Added +27.7k +27,666
90 Apella Capital, LLC 1.67% of their portfolio WEST HARTFORD, CT 2,010,7282.0m $118.4m $118.4m 1.67% Added +51.4k +51,360
91 Fusion Family Wealth, LLC 7.92% of their portfolio WOODBURY, NY 1,996,3452.0m $119.2m $119.2m 7.92% Reduced -74.9k -74,938
92 Pathstone Holdings, LLC 0.35% of their portfolio ENGLEWOOD, NJ 1,993,4052.0m $119.0m $119.0m 0.35% Added +20.3k +20,312
93 FMR LLC 0.01% of their portfolio BOSTON, MA 1,983,2652.0m $118.4m $118.4m 0.01% Added +66.4k +66,375
94 D.A. DAVIDSON & CO. 0.65% of their portfolio GREAT FALLS, MT 1,981,1392.0m $118.3m $118.3m 0.65% Reduced -549 -549
95 CBIZ Investment Advisory Services, LLC 3.90% of their portfolio INDEPENDENCE, OH 1,975,0172.0m $106.7m $106.7m 3.90% Unchanged
96 Steele Capital Management, Inc. 4.33% of their portfolio DUBUQUE, IA 1,972,4432.0m $117.7m $117.7m 4.33% Added +54.0k +54,011
97 Beacon Pointe Advisors, LLC 0.54% of their portfolio NEWPORT BEACH, CA 1,944,0501.9m $116.0m $116.0m 0.54% Reduced -64.0k -63,981
98 Laird Norton Wetherby Trust Company, LLC 2.16% of their portfolio Seattle, WA 1,882,5461.9m $112.4m $112.4m 2.16% Added +11.9k +11,879
99 Summit Trail Advisors, LLC 1.40% of their portfolio NEW YORK, NY 1,867,6881.9m $111.5m $111.5m 1.40% Reduced -5.6k -5,558
100 Willis Johnson & Associates, Inc. 6.19% of their portfolio Houston, TX 1,863,2161.9m $111.2m $111.2m 6.19% Added +31.1k +31,062