Vault-13

VANGUARD INTL EQUITY INDEX F VGK

FTSE EUROPE ETF · ETP · CUSIP 922042874

585 institutional holders +13 vs Q4 2022
161,264,323161.3m shares reported held*
$9.8bnreported value*
67 new 211 added 166 reduced 48 sold out net bought ≈ $798.5m (+13.0m 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 ($35.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $60.84. Options: 5 managers hold calls ($14.8m notional), 9 hold puts ($148.6m).

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 534Q4 22: 572Q1 23: 585585Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 2022534
Q4 2022572
Q1 2023585

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 221 bought or addedQ4 22: 266 cut or sold outQ4 22Q1 23: 278 bought or addedQ1 23: 214 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022221266
Q1 2023278214

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ3 22 calls: $33.0mQ3 22 puts: $368.3mQ3 22P/C 11.16Q4 22 calls: $66.9mQ4 22 puts: $622.7mQ4 22P/C 9.30Q1 23 calls: $14.8mQ1 23 puts: $148.6mQ1 23P/C 10.06
Numbers
QuarterCallsPutsP/C
Q3 2022$33.0m$368.3m11.16
Q4 2022$66.9m$622.7m9.30
Q1 2023$14.8m$148.6m10.06

Biggest buyers

JPMORGAN CHASE & CO Added +9,092,855+9.1m
STATE STREET CORP Added +1,896,544+1.9m
3EDGE Asset Management, LP New +1,735,014+1.7m
VICTORY CAPITAL MANAGEMENT INC Added +855,867+855.9k
Elm Partners Management LLC Added +595,771+595.8k
GenTrust, LLC Added +540,099+540.1k
AMERIPRISE FINANCIAL INC Added +536,550+536.5k
GOLDMAN SACHS GROUP INC Added +438,706+438.7k
UBS Group AG Added +414,226+414.2k
CSM Advisors, LLC New +390,400+390.4k

Biggest sellers

Municipal Employees' Retirement System of Michigan Reduced -1,594,503-1.6m
Money Design Co.,Ltd. Reduced -1,022,102-1.0m
BlackRock Inc. Reduced -634,857-634.9k
Asset Management One Co., Ltd. Reduced -621,149-621.1k
Itau Unibanco Holding S.A. Reduced -537,436-537.4k
Ballentine Partners, LLC Reduced -511,871-511.9k
JANE STREET GROUP, LLC Reduced -440,401-440.4k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -351,929-351.9k
FLOW TRADERS U.S. LLC Sold out -245,513-245.5k
MATHER GROUP, LLC. Reduced -235,327-235.3k

Biggest calls

CITADEL ADVISORS LLC Added $8.1m132.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.9m80.6k shares
WOLVERINE TRADING, LLC Reduced $1.4m22.4k shares
UBS Group AG Reduced $243.8k4.0k shares
Cutler Group LLC / CA Reduced $173.0k21.5k shares

Biggest puts

JANE STREET GROUP, LLC Reduced $87.7m1.4m shares
SIMPLEX TRADING, LLC Reduced $21.4m480.1k shares
CITADEL ADVISORS LLC Reduced $19.5m320.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $12.3m201.4k shares
WOLVERINE TRADING, LLC Reduced $3.9m64.0k shares
PRELUDE CAPITAL MANAGEMENT, LLC New $3.8m62.8k shares
Cutler Group LLC / CA Added $69.0k127.0k shares
HAP Trading, LLC Reduced $9.0k10.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.26% of their portfolio NEW YORK, NY 33,257,63833.3m $2.0bn $2.0bn 0.26% Added +9.1m +9,092,855
2 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 13,529,13413.5m $824.6m $824.6m 0.09% Reduced -204.4k -204,431
3 GOLDMAN SACHS GROUP INC 0.17% of their portfolio NEW YORK, NY 10,302,02910.3m $627.9m $627.9m 0.17% Added +438.7k +438,706
4 MATHER GROUP, LLC. 7.03% of their portfolio CHICAGO, IL 6,495,8036.5m $395.9m $395.9m 7.03% Reduced -235.3k -235,327
5 Asset Management One Co., Ltd. 1.64% of their portfolio TOKYO, M0 5,926,2415.9m $361.2m $361.2m 1.64% Reduced -621.1k -621,149
6 AMERIPRISE FINANCIAL INC 0.10% of their portfolio MINNEAPOLIS, MN 4,981,8665.0m $303.6m $303.6m 0.10% Added +536.5k +536,550
7 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 4,608,1564.6m $280.9m $280.9m 0.03% Added +3.7k +3,738
8 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 4,261,2624.3m $259.7m $259.7m 0.01% Added +1.9m +1,896,544
9 Blue Trust, Inc. 3.36% of their portfolio BRENTWOOD, TN 3,697,4083.7m $205.0m $205.0m 3.36% Reduced -131.5k -131,486
10 Fisher Asset Management, LLC 0.12% of their portfolio PLANO, TX 3,370,2333.4m $205.4m $205.4m 0.12% Added +201.4k +201,449
11 UBS Group AG 0.09% of their portfolio ZURICH, V8 3,089,9213.1m $188.3m $188.3m 0.09% Added +414.2k +414,226
12 Municipal Employees' Retirement System of Michigan 2.72% of their portfolio LANSING, MI 2,890,0922.9m $176.2m $176.2m 2.72% Reduced -1.6m -1,594,503
13 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,702,3322.7m $164.7m $164.7m 0.00% Reduced -224.1k -224,102
14 FACTORY MUTUAL INSURANCE CO 2.23% of their portfolio WALTHAM, MA 2,344,8002.3m $142.9m $142.9m 2.23% Reduced -167.3k -167,305
15 JANE STREET GROUP, LLC 0.24% of their portfolio NEW YORK, NY 2,272,5822.3m $138.5m $138.5m 0.24% Reduced -440.4k -440,401
16 Richard Bernstein Advisors LLC 2.53% of their portfolio NEW YORK, NY 1,955,4172.0m $119.2m $119.2m 2.53% Added +82.2k +82,200
17 DEUTSCHE BANK AG\ 0.06% of their portfolio FRANKFURT AM MAIN, 2M 1,777,6251.8m $108.3m $108.3m 0.06% Reduced -99.1k -99,051
18 3EDGE Asset Management, LP 7.97% of their portfolio Naples, FL 1,735,0141.7m $105.7m $105.7m 7.97% New
19 BlackRock Inc. 0.00% of their portfolio New York, NY 1,682,0861.7m $102.5m $102.5m 0.00% Reduced -634.9k -634,857
20 Elm Partners Management LLC 10.61% of their portfolio Philadelphia, PA 1,654,6201.7m $100.8m $100.8m 10.61% Added +595.8k +595,771
21 HighTower Advisors, LLC 0.21% of their portfolio CHICAGO, IL 1,611,7541.6m $98.3m $98.3m 0.21% Added +13.7k +13,710
22 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,272,3121.3m $77.5m $77.5m 0.02% Added +291.8k +291,846
23 Sumitomo Mitsui DS Asset Management Company, Ltd 1.34% of their portfolio TOKYO, M0 1,219,2971.2m $74.3m $74.3m 1.34% Reduced -34.4k -34,422
24 LINCOLN NATIONAL CORP 1.51% of their portfolio RADNOR, PA 1,177,0901.2m $71.7m $71.7m 1.51% Reduced -83.0k -83,047
25 VICTORY CAPITAL MANAGEMENT INC 0.08% of their portfolio San Antonio, TX 1,127,7421.1m $68.7m $68.7m 0.08% Added +855.9k +855,867
26 GenTrust, LLC 4.50% of their portfolio MIAMI, FL 1,025,5611.0m $62.5m $62.5m 4.50% Added +540.1k +540,099
27 Willis Johnson & Associates, Inc. 7.40% of their portfolio Houston, TX 1,023,3581.0m $62.4m $62.4m 7.40% Added +146.2k +146,176
28 Money Design Co.,Ltd. 3.61% of their portfolio TOKYO, M0 1,004,1601.0m $61.2m $61.2m 3.61% Reduced -1.0m -1,022,102
29 JANUS HENDERSON GROUP PLC 0.04% of their portfolio LONDON, X0 885,552885.6k $54.0m $54.0m 0.04% Reduced -35.1k -35,112
30 Smithfield Trust Co 3.37% of their portfolio PITTSBURGH, PA 865,425865.4k $52.7m $52.7m 3.37% Added +16.6k +16,551
31 Garde Capital, Inc. 5.76% of their portfolio SEATTLE, WA 860,903860.9k $52.5m $52.5m 5.76% Reduced -3.1k -3,081
32 Allianz Asset Management GmbH 0.11% of their portfolio MUNICH, 2M 834,660834.7k $50.9m $50.9m 0.11% Reduced -49.9k -49,860
33 Itau Unibanco Holding S.A. 2.52% of their portfolio SAO PAULO, D5 822,629822.6k $50.1m $50.1m 2.52% Reduced -537.4k -537,436
34 Stairway Partners, LLC 4.27% of their portfolio MINNEAPOLIS, MN 808,972809.0k $49.3m $49.3m 4.27% Added +4.3k +4,300
35 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.60% of their portfolio Madrid, U3 793,514793.5k $48.4m $48.4m 0.60% Added +147.5k +147,528
36 Creative Planning 0.07% of their portfolio OVERLAND PARK, KS 780,346780.3k $47.6m $47.6m 0.07% Added +28.4k +28,393
37 Haverford Trust Co 0.57% of their portfolio Radnor, PA 780,290780.3k $47.6m $47.6m 0.57% Added +39.6k +39,606
38 Mirae Asset Global Investments Co., Ltd. 0.11% of their portfolio SEOUL, M5 770,879770.9k $47.0m $47.0m 0.11% Reduced -94.9k -94,894
39 Ballentine Partners, LLC 1.04% of their portfolio Waltham, MA 677,004677.0k $41.3m $41.3m 1.04% Reduced -511.9k -511,871
40 PEAPACK GLADSTONE FINANCIAL CORP 0.75% of their portfolio BEDMINSTER, NJ 648,038648.0k $39.5m $39.5m 0.75% Reduced -52.2k -52,248
41 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 647,094647.1k $39.4m $39.4m 0.06% Added +46.5k +46,492
42 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 619,197619.2k $37.7m $37.7m 0.01% Reduced -87.3k -87,255
43 Millburn Ridgefield LLC /DE/ 1.31% of their portfolio New York, NY 606,806606.8k $37.0m $37.0m 1.31% Added +2.0k +1,959
44 Catalyst Capital Advisors LLC 1.13% of their portfolio San Juan, PR 606,360606.4k $37.0m $37.0m 1.13% Added +1.9k +1,936
45 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 591,262591.3k $36.0m $36.0m 0.04% Added +357.4k +357,421
46 Efficient Advisors, LLC 2.36% of their portfolio BEAVERTON, OR 555,196555.2k $33.8m $33.8m 2.36% Reduced -5.7k -5,717
47 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 531,942531.9k $32.4m $32.4m 0.05% Reduced -351.9k -351,929
48 Bogart Wealth, LLC 2.03% of their portfolio MCLEAN, VA 498,037498.0k $30.4m $30.4m 2.03% Added +3.6k +3,611
49 BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio PARIS, I0 486,530486.5k $29.7m $29.7m 0.06% Added +235.7k +235,707
50 Integris Wealth Management, LLC 10.21% of their portfolio Monterey, CA 456,062456.1k $27.8m $27.8m 10.21% Added +2.6k +2,615
51 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 2.02% of their portfolio SAN FRANCISCO, CA 451,683451.7k $27.5m $27.5m 2.02% Added +4.1k +4,074
52 Banco Santander, S.A. 0.40% of their portfolio Madrid, U3 443,151443.2k $27.0m $27.0m 0.40% Added +14.5k +14,543
53 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 440,631440.6k $26.9m $26.9m 0.01% Reduced -18.0k -17,981
54 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 432,784432.8k $26.4m $26.4m 0.06% Added +15.9k +15,935
55 ICONIQ Capital, LLC 0.39% of their portfolio SAN FRANCISCO, CA 417,893417.9k $25.5m $25.5m 0.39% Reduced -206 -206
56 Greytown Advisors Inc. 13.14% of their portfolio MIAMI, FL 416,923416.9k $25.4m $25.4m 13.14% Added +3.8k +3,807
57 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 404,852404.9k $24.7m $24.7m 0.01% Added +21.8k +21,799
58 PRESILIUM PRIVATE WEALTH, LLC 9.41% of their portfolio RADNOR, PA 400,046400.0k $24.4m $24.4m 9.41% Reduced -6.8k -6,790
59 CSM Advisors, LLC 2.07% of their portfolio WARRENDALE, PA 390,400390.4k $23.8m $23.8m 2.07% New
60 NSI Retail Advisors, LLC 5.17% of their portfolio WARRENDALE, PA 390,400390.4k $23.8m $23.8m 5.17% New
61 AGF MANAGEMENT LTD 0.16% of their portfolio TORONTO, A6 371,356371.4k $22.6m $22.6m 0.16% Added +1.2k +1,190
62 Karpus Management, Inc. 0.67% of their portfolio Pittsford, NY 350,120350.1k $21.3m $21.3m 0.67% Reduced -58.2k -58,154
63 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 340,990341.0k $20.8m $20.8m 0.04% Added +13.6k +13,628
64 INVICTUS PRIVATE WEALTH, LLC 2.43% of their portfolio Denver, CO 339,322339.3k $20.7m $20.7m 2.43% New
65 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 337,225337.2k $20.6m $20.6m 0.02% Added +32.8k +32,805
66 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 318,559318.6k $19.4m $19.4m 0.02% Added +19.0k +18,961
67 Equitable Holdings, Inc. 0.30% of their portfolio NEW YORK, NY 304,762304.8k $18.6m $18.6m 0.30% Reduced -25.8k -25,844
68 TOWNSQUARE CAPITAL LLC 0.40% of their portfolio Lehi, UT 300,521300.5k $18.3m $18.3m 0.40% New
69 Ameraudi Asset Management, Inc. 7.56% of their portfolio New York, NY 284,604284.6k $17.3m $17.3m 7.56% Added +48.3k +48,329
70 COOPER/HAIMS ADVISORS, LLC 13.84% of their portfolio VICTOR, NY 283,692283.7k $17.3m $17.3m 13.84% Reduced -4.4k -4,398
71 ATLAS CAPITAL ADVISORS INC. 2.71% of their portfolio JACKSON, WY 282,799282.8k $17.2m $17.2m 2.71% Added +20.7k +20,745
72 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 279,151279.2k $17.0m $17.0m 0.07% Added +1.3k +1,335
73 ANGELES WEALTH MANAGEMENT, LLC 2.47% of their portfolio SANTA MONICA, CA 272,813272.8k $16.6m $16.6m 2.47% Added +43.2k +43,237
74 BECKER CAPITAL MANAGEMENT INC 0.66% of their portfolio Portland, OR 272,729272.7k $16.6m $16.6m 0.66% New
75 Rye Brook Capital LLC 10.13% of their portfolio GREENWICH, CT 271,700271.7k $16.6m $16.6m 10.13% Reduced -46.2k -46,200
76 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 252,622252.6k $15.4m $15.4m 0.02% Added +56.0k +55,994
77 BBJS FINANCIAL ADVISORS, LLC 6.26% of their portfolio SEATTLE, WA 252,188252.2k $15.4m $15.4m 6.26% Reduced -27.3k -27,259
78 Tanager Wealth Management LLP 3.64% of their portfolio Goring On Thames, X0 251,779251.8k $15.3m $15.3m 3.64% Added +20.6k +20,612
79 Tiller Private Wealth, Inc. 8.54% of their portfolio BETHLEHEM, PA 250,089250.1k $15.2m $15.2m 8.54% Reduced -472 -472
80 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 235,058235.1k $14.3m $14.3m 0.01% Added +152.4k +152,406
81 MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 230,464230.5k $14.0m $14.0m 0.02% New
82 Ally Financial Inc. 2.03% of their portfolio Detroit, MI 225,000225.0k $13.7m $13.7m 2.03% Unchanged
83 Rafferty Asset Management, LLC 0.09% of their portfolio New York, NY 223,722223.7k $13.6m $13.6m 0.09% Added +72.6k +72,642
84 Zeit Capital LLC 12.45% of their portfolio GREENWOOD VILLAGE, CO 220,744220.7k $13.5m $13.5m 12.45% Reduced -5.2k -5,248
85 Allspring Global Investments Holdings, LLC 0.02% of their portfolio CHARLOTTE, NC 220,253220.3k $13.4m $13.4m 0.02% Reduced -104.7k -104,740
86 COURIER CAPITAL LLC 1.48% of their portfolio BUFFALO, NY 220,200220.2k $13.4m $13.4m 1.48% Added +8.1k +8,087
87 NISA INVESTMENT ADVISORS, LLC 0.10% of their portfolio ST. LOUIS, MO 215,000215.0k $13.1m $13.1m 0.10% Added +10.8k +10,800
88 BANQUE PICTET & CIE SA 0.13% of their portfolio GENEVA 73, V8 212,314212.3k $12.9m $12.9m 0.13% Reduced -10.8k -10,780
89 Pictet North America Advisors SA 2.09% of their portfolio GENEVA 73, V8 212,314212.3k $12.9m $12.9m 2.09% Reduced -10.1k -10,117
90 J.P. Morgan Private Wealth Advisors LLC 0.03% of their portfolio SAN FRANCISCO, CA 195,577195.6k $11.9m $11.9m 0.03% Added +29.9k +29,901
91 Fiduciary Trust Co 0.22% of their portfolio Boston, MA 194,678194.7k $11.9m $11.9m 0.22% Reduced -53.8k -53,787
92 OLD SECOND NATIONAL BANK OF AURORA 3.45% of their portfolio AURORA, IL 194,153194.2k $11.8m $11.8m 3.45% Added +44.7k +44,669
93 Greenline Partners, LLC 2.23% of their portfolio NEW YORK, NY 191,497191.5k $11.7m $11.7m 2.23% Reduced -16.3k -16,296
94 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 190,536190.5k $11.6m $11.6m 0.02% Added +10.9k +10,897
95 CAPITAL FUND MANAGEMENT S.A. 0.23% of their portfolio PARIS, I0 188,431188.4k $11.5m $11.5m 0.23% Reduced -6.5k -6,469
96 Granite FO LLC 7.35% of their portfolio BEDFORD, NH 187,620187.6k $11.9m $11.9m 7.35% Reduced -3.6k -3,600
97 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.21% of their portfolio New York, NY 185,527185.5k $11.3m $11.3m 0.21% Reduced -2.4k -2,355
98 ANDERSON HOAGLAND & CO 1.61% of their portfolio ST LOUIS, MO 183,618183.6k $11.2m $11.2m 1.61% Unchanged
99 Stelac Advisory Services LLC 4.79% of their portfolio NEW YORK, NY 180,593180.6k $11.0m $11.0m 4.79% Reduced -5.3k -5,304
100 Sierra Capital LLC 1.74% of their portfolio MIAMI, FL 175,987176.0k $10.7m $10.7m 1.74% Added +15.9k +15,877