Vault-13

VANGUARD INTL EQUITY INDEX F VPL

FTSE PACIFIC ETF · ETP · CUSIP 922042866

412 institutional holders +30 vs Q3 2025
46,852,78546.9m shares reported held*
$4.2bnreported value*
49 new 145 added 115 reduced 31 sold out net bought ≈ $72.8m (+364.4k 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 ($4.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $90.40. Options: 3 managers hold calls ($1.5m notional), 1 hold puts ($334.5k).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 298Q4 22: 327Q1 23: 317Q2 23: 319Q3 23: 322Q4 23: 351Q1 24: 345Q2 24: 357Q3 24: 354Q4 24: 360Q1 25: 362Q2 25: 386Q3 25: 382Q4 25: 412412Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022298
Q4 2022327
Q1 2023317
Q2 2023319
Q3 2023322
Q4 2023351
Q1 2024345
Q2 2024357
Q3 2024354
Q4 2024360
Q1 2025362
Q2 2025386
Q3 2025382
Q4 2025412

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q1 24: 154 bought or addedQ1 24: 150 cut or sold outQ2 24: 130 bought or addedQ2 24: 167 cut or sold outQ2 24Q3 24: 167 bought or addedQ3 24: 127 cut or sold outQ4 24: 140 bought or addedQ4 24: 149 cut or sold outQ4 24Q1 25: 149 bought or addedQ1 25: 154 cut or sold outQ2 25: 153 bought or addedQ2 25: 166 cut or sold outQ2 25Q3 25: 143 bought or addedQ3 25: 165 cut or sold outQ4 25: 194 bought or addedQ4 25: 146 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024154150
Q2 2024130167
Q3 2024167127
Q4 2024140149
Q1 2025149154
Q2 2025153166
Q3 2025143165
Q4 2025194146

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ1 25 calls: $855.0kQ1 25 puts: $398.9kQ1 25P/C 0.47Q2 25 calls: $1.3mQ2 25 puts: $271.2kQ2 25P/C 0.21Q3 25 calls: $2.9mQ3 25 puts: $219.6kQ3 25P/C 0.07Q4 25 calls: $1.5mQ4 25 puts: $334.5kQ4 25P/C 0.22
Numbers
QuarterCallsPutsP/C
Q1 2025$855.0k$398.9k0.47
Q2 2025$1.3m$271.2k0.21
Q3 2025$2.9m$219.6k0.07
Q4 2025$1.5m$334.5k0.22

Biggest buyers

FLOW TRADERS U.S. LLC New +1,455,118+1.5m
JANE STREET GROUP, LLC Added +1,420,613+1.4m
OLD MISSION CAPITAL LLC Added +834,825+834.8k
STATE STREET CORP New +735,834+735.8k
Rathbones Group PLC Added +201,733+201.7k
Silphium Asset Management Ltd New +178,600+178.6k
Corient Private Wealth LP Added +122,796+122.8k
WELLS FARGO & COMPANY/MN Added +106,767+106.8k
CIBC WORLD MARKET INC. New +102,370+102.4k
Elm Partners Management LLC Added +82,677+82.7k

Biggest sellers

Harel Insurance Investments & Financial Services Ltd. Reduced -2,580,000-2.6m
Willis Johnson & Associates, Inc. Sold out -610,483-610.5k
Strategic Investment Advisors / MI Sold out -421,576-421.6k
MORGAN STANLEY Reduced -356,330-356.3k
JPMORGAN CHASE & CO Reduced -275,601-275.6k
Penserra Capital Management LLC Reduced -208,627-208.6k
Capitolis Liquid Global Markets LLC Sold out -148,500-148.5k
Sanctuary Advisors, LLC Reduced -119,919-119.9k
BNP PARIBAS FINANCIAL MARKETS Reduced -109,842-109.8k
BANK OF NOVA SCOTIA Sold out -72,000-72.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $813.6k9.0k shares
JANE STREET GROUP, LLC New $370.6k4.1k shares
CITADEL ADVISORS LLC Added $352.6k3.9k shares

Biggest puts

CITADEL ADVISORS LLC Added $334.5k3.7k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MATHER GROUP, LLC. 5.57% of their portfolio CHICAGO, IL 5,988,1476.0m $541.3m $541.3m 5.57% Added +15.9k +15,856
2 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,684,2372.7m $242.7m $242.7m 0.02% Reduced -15.7k -15,713
3 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,989,1052.0m $179.8m $179.8m 0.01% Reduced -356.3k -356,330
4 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 1,885,9671.9m $170.5m $170.5m 0.05% Reduced -19.9k -19,880
5 Janney Montgomery Scott LLC 0.38% of their portfolio PHILADELPHIA, PA 1,840,3151.8m $166.4m $166.4m 0.38% Reduced -42.4k -42,393
6 WestEnd Advisors, LLC 3.75% of their portfolio CHARLOTTE, NC 1,783,1161.8m $161.2m $161.2m 3.75% Reduced -53.9k -53,942
7 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 1,774,9151.8m $160.5m $160.5m 0.05% Reduced -7.2k -7,199
8 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,610,0341.6m $145.5m $145.5m 0.02% Reduced -14.9k -14,899
9 JANE STREET GROUP, LLC 0.17% of their portfolio NEW YORK, NY 1,555,1381.6m $140.6m $140.6m 0.17% Added +1.4m +1,420,613
10 FLOW TRADERS U.S. LLC 4.31% of their portfolio NEW YORK, NY 1,455,1181.5m $131.5m $131.5m 4.31% New
11 Elm Partners Management LLC 4.95% of their portfolio Philadelphia, PA 1,207,8321.2m $109.2m $109.2m 4.95% Added +82.7k +82,677
12 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 1,063,2321.1m $96.1m $96.1m 0.11% Added +15.1k +15,126
13 GenTrust, LLC 3.62% of their portfolio MIAMI, FL 924,646924.6k $83.6m $83.6m 3.62% Added +32.7k +32,694
14 OLD MISSION CAPITAL LLC 3.20% of their portfolio CHICAGO, IL 915,083915.1k $82.7m $82.7m 3.20% Added +834.8k +834,825
15 TRUIST FINANCIAL CORP 0.11% of their portfolio CHARLOTTE, NC 894,680894.7k $80.9m $80.9m 0.11% Reduced -22.8k -22,845
16 UBS Group AG 0.02% of their portfolio ZURICH, V8 876,520876.5k $79.2m $79.2m 0.02% Reduced -9.4k -9,447
17 LINCOLN NATIONAL CORP 2.22% of their portfolio RADNOR, PA 838,206838.2k $75.8m $75.8m 2.22% Added +18.6k +18,612
18 Haverford Trust Co 0.65% of their portfolio Radnor, PA 803,402803.4k $72.6m $72.6m 0.65% Reduced -32.5k -32,502
19 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 735,834735.8k $66.5m $66.5m 0.00% New
20 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 681,523681.5k $61.6m $61.6m 0.03% Added +6.9k +6,901
21 Prime Capital Investment Advisors, LLC 0.74% of their portfolio OVERLAND PARK, KS 675,459675.5k $61.1m $61.1m 0.74% Reduced -32.0k -32,009
22 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 643,861643.9k $58.2m $58.2m 0.01% Added +106.8k +106,767
23 Garde Capital, Inc. 3.38% of their portfolio SEATTLE, WA 631,319631.3k $57.1m $57.1m 3.38% Added +16.5k +16,535
24 Smithfield Trust Co 2.40% of their portfolio PITTSBURGH, PA 600,519600.5k $54.3m $54.3m 2.40% Reduced -13.9k -13,916
25 Efficient Advisors, LLC 2.79% of their portfolio BEAVERTON, OR 528,254528.3k $47.8m $47.8m 2.79% Reduced -4.9k -4,887
26 Cerity Partners LLC 0.06% of their portfolio NEW YORK, NY 467,255467.3k $42.2m $42.2m 0.06% Added +18.6k +18,597
27 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 395,836395.8k $35.8m $35.8m 0.01% Reduced -14.9k -14,862
28 Karpus Management, Inc. 1.05% of their portfolio Pittsford, NY 379,849379.8k $34.3m $34.3m 1.05% Added +233 +233
29 Rathbones Group PLC 0.07% of their portfolio Liverpool, X0 375,068375.1k $33.9m $33.9m 0.07% Added +201.7k +201,733
30 ASSETMARK, INC 0.07% of their portfolio CONCORD, CA 356,213356.2k $32.2m $32.2m 0.07% Added +20.7k +20,666
31 FACTORY MUTUAL INSURANCE CO 0.32% of their portfolio WALTHAM, MA 350,000350.0k $31.6m $31.6m 0.32% Unchanged
32 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 338,039338.0k $30.6m $30.6m 0.01% Reduced -1.3k -1,334
33 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 319,841319.8k $28.9m $28.9m 0.00% Reduced -275.6k -275,601
34 Ballentine Partners, LLC 0.38% of their portfolio Waltham, MA 299,357299.4k $27.1m $27.1m 0.38% Reduced -24.9k -24,909
35 PRESILIUM PRIVATE WEALTH, LLC 4.80% of their portfolio RADNOR, PA 290,372290.4k $26.2m $26.2m 4.80% Added +8.3k +8,347
36 Penserra Capital Management LLC 0.30% of their portfolio ORINDA, CA 282,494282.5k $25.5m $25.5m 0.30% Reduced -208.6k -208,627
37 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 275,638275.6k $24.9m $24.9m 0.02% Added +17.0k +17,022
38 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 270,333270.3k $24.4m $24.4m 0.02% Added +5.6k +5,623
39 Greenline Partners, LLC 2.61% of their portfolio NEW YORK, NY 252,751252.8k $22.8m $22.8m 2.61% Unchanged
40 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 234,794234.8k $21.2m $21.2m 0.01% Added +122.8k +122,796
41 Tanager Wealth Management LLP 2.09% of their portfolio Goring On Thames, X0 231,520231.5k $20.9m $20.9m 2.09% Reduced -10.6k -10,559
42 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 214,374214.4k $19.4m $19.4m 0.01% Reduced -5.3k -5,281
43 Addis & Hill, Inc 10.54% of their portfolio WAYNE, PA 192,466192.5k $17.4m $17.4m 10.54% Added +2.9k +2,851
44 Silphium Asset Management Ltd 6.85% of their portfolio London, X0 178,600178.6k $16.1m $16.1m 6.85% New
45 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 177,791177.8k $16.1m $16.1m 0.00% Reduced -3.2k -3,160
46 SAVA PENZISKO DRUSHTVO A.D. SKOPJE 5.15% of their portfolio SKOPJE, 1U 176,230176.2k $15.9m $15.9m 5.15% Unchanged
47 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 139,894139.9k $12.6m $12.6m 0.01% Added +105 +105
48 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 135,767135.8k $12.3m $12.3m 0.02% Reduced -200 -200
49 MOLLER WEALTH PARTNERS 2.53% of their portfolio NORTHFIELD, IL 133,630133.6k $12.1m $12.1m 2.53% Reduced -1.4k -1,449
50 Blue Edge Capital, LLC 1.60% of their portfolio RICHMOND, VA 132,020132.0k $11.9m $11.9m 1.60% Added +539 +539
51 Blue Trust, Inc. 0.13% of their portfolio BRENTWOOD, TN 130,907130.9k $11.8m $11.8m 0.13% Reduced -7.6k -7,571
52 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 127,856127.9k $11.6m $11.6m 0.01% Added +37.1k +37,055
53 AGF MANAGEMENT LTD 0.05% of their portfolio TORONTO, A6 124,591124.6k $11.3m $11.3m 0.05% Added +4.5k +4,490
54 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 120,928120.9k $10.9m $10.9m 0.02% Added +3.6k +3,604
55 WealthBridge Investment Counsel Inc. 3.23% of their portfolio CALGARY, A0 119,165119.2k $10.8m $10.8m 3.23% Added +50.2k +50,223
56 Evelyn Partners Asset Management Ltd 2.41% of their portfolio London, X0 113,662113.7k $10.3m $10.3m 2.41% Added +7.2k +7,213
57 Q3 Asset Management 2.30% of their portfolio BIRMINGHAM, MI 111,162111.2k $10.0m $10.0m 2.30% Added +68.4k +68,403
58 ATLAS CAPITAL ADVISORS INC. 1.11% of their portfolio JACKSON, WY 110,329110.3k $10.0m $10.0m 1.11% First filing
59 Private Wealth Advisors, LLC 3.49% of their portfolio Fresno, CA 107,214107.2k $9.7m $9.7m 3.49% Added +3.8k +3,763
60 Main Management ETF Advisors, LLC 0.34% of their portfolio SAN FRANCISCO, CA 104,961105.0k $9.5m $9.5m 0.34% Added +10.5k +10,461
61 CIBC WORLD MARKET INC. 0.02% of their portfolio TORONTO, A6 102,370102.4k $9.3m $9.3m 0.02% New
62 Ameraudi Asset Management, Inc. 4.80% of their portfolio New York, NY 96,61096.6k $8.7m $8.7m 4.80% Reduced -5.4k -5,415
63 NISA INVESTMENT ADVISORS, LLC 0.03% of their portfolio ST. LOUIS, MO 94,00094.0k $8.5m $8.5m 0.03% Unchanged
64 Walkner Condon Financial Advisors LLC 1.16% of their portfolio MADISON, WI 92,06692.1k $8.3m $8.3m 1.16% Reduced -243 -243
65 Zeit Capital LLC 5.47% of their portfolio GREENWOOD VILLAGE, CO 89,72289.7k $8.1m $8.1m 5.47% Reduced -741 -741
66 Integris Wealth Management, LLC 1.77% of their portfolio Monterey, CA 86,03086.0k $7.8m $7.8m 1.77% Reduced -1.2k -1,194
67 Legacy PCG, LLC 4.54% of their portfolio IRVINE, CA 81,06381.1k $7.3m $7.3m 4.54% Reduced -3.5k -3,461
68 1 NORTH WEALTH SERVICES LLC 2.54% of their portfolio ANNAPOLIS, MD 79,90679.9k $7.2m $7.2m 2.54% Added +797 +797
69 Oliver Luxxe Assets LLC 1.07% of their portfolio GLADSTONE, NJ 78,03178.0k $7.1m $7.1m 1.07% Reduced -2.2k -2,212
70 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 77,29177.3k $7.0m $7.0m 0.03% Added +6.4k +6,445
71 Capital Investment Counsel, LLC 0.97% of their portfolio DENVER, CO 76,87476.9k $6.9m $6.9m 0.97% Added +1.1k +1,088
72 Obsido Oy 4.01% of their portfolio TAMPERE, H9 72,17372.2k $6.5m $6.5m 4.01% Added +3.6k +3,642
73 HARBOUR INVESTMENTS, INC. 0.13% of their portfolio MADISON, WI 71,13571.1k $6.4m $6.4m 0.13% Reduced -128 -128
74 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 69,48569.5k $6.3m $6.3m 0.01% Added +50.2k +50,168
75 EDMOND DE ROTHSCHILD HOLDING S.A. 0.09% of their portfolio CHAMBESY, V8 68,33168.3k $6.2m $6.2m 0.09% Unchanged
76 Access Investment Management LLC 1.61% of their portfolio ATLANTA, GA 68,14568.1k $6.0m $6.0m 1.61% Unchanged
77 FIRST MANHATTAN CO. LLC. 0.02% of their portfolio NEW YORK, NY 68,05768.1k $6.2m $6.2m 0.02% Reduced -1.8k -1,764
78 ABC ARBITRAGE SA 0.57% of their portfolio PARIS, I0 66,99467.0k $6.1m $6.1m 0.57% New
79 Coastal Bridge Advisors, LLC 0.41% of their portfolio WESTPORT, CT 61,40961.4k $5.6m $5.6m 0.41% Added +3.4k +3,386
80 BHK Investment Advisors, LLC 1.79% of their portfolio BIRMINGHAM, AL 60,30960.3k $5.5m $5.5m 1.79% Added +2.3k +2,342
81 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 59,02659.0k $5.3m $5.3m 0.01% Reduced -416 -416
82 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 57,81857.8k $5.2m $5.2m 0.01% Added +33 +33
83 DAVENPORT & Co LLC 0.03% of their portfolio RICHMOND, VA 55,26055.3k $5.0m $5.0m 0.03% Added +193 +193
84 Robertson Stephens Wealth Management, LLC 0.14% of their portfolio San Francisco, CA 54,61954.6k $4.9m $4.9m 0.14% Added +3.7k +3,736
85 Sanctuary Advisors, LLC 0.03% of their portfolio INDIANAPOLIS, IN 54,35554.4k $4.9m $4.9m 0.03% Reduced -119.9k -119,919
86 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.03% of their portfolio Madrid, U3 52,58452.6k $4.8m $4.8m 0.03% Added +1.9k +1,870
87 TD Waterhouse Canada Inc. 0.03% of their portfolio TORONTO, A6 51,70851.7k $4.7m $4.7m 0.03% Added +348 +348
88 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 51,40951.4k $4.6m $4.6m 0.00% Added +1.6k +1,607
89 Equitable Holdings, Inc. 0.03% of their portfolio NEW YORK, NY 49,90249.9k $4.5m $4.5m 0.03% Added +1.1k +1,066
90 Dynamic Advisor Solutions LLC 0.14% of their portfolio PHOENIX, AZ 46,72646.7k $4.2m $4.2m 0.14% Reduced -586 -586
91 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 46,68846.7k $4.2m $4.2m 0.01% Added +1.8k +1,751
92 Meridian Wealth Management, LLC 0.15% of their portfolio LEXINGTON, KY 46,19246.2k $4.2m $4.2m 0.15% Reduced -1.6k -1,562
93 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 44,65444.7k $4.0m $4.0m 0.01% Reduced -47.5k -47,470
94 JPL Wealth Management, LLC 0.98% of their portfolio GREENWOOD VILLAGE, CO 44,29544.3k $4.0m $4.0m 0.98% Reduced -281 -281
95 Jacobs Equity LLC 3.85% of their portfolio DRAPER, UT 44,22544.2k $4.0m $4.0m 3.85% First filing
96 First Bank & Trust 0.64% of their portfolio BROOKINGS, SD 43,46543.5k $3.9m $3.9m 0.64% Unchanged
97 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.14% of their portfolio BOSTON, MA 42,90542.9k $3.9m $3.9m 0.14% Added +3.3k +3,282
98 CARDIFF PARK ADVISORS, LLC 0.32% of their portfolio SAN MARCOS, CA 42,67542.7k $3.9m $3.9m 0.32% Added +120 +120
99 Atria Investments, Inc 0.04% of their portfolio Charlotte, NC 41,50641.5k $3.8m $3.8m 0.04% Reduced -2.2k -2,163
100 ROBERTS GLORE & CO INC /IL/ 1.00% of their portfolio DEERFIELD, IL 41,45741.5k $3.7m $3.7m 1.00% Reduced -400 -400