Vault-13

VANGUARD INTL EQUITY INDEX F VGK

FTSE EUROPE ETF · ETP · CUSIP 922042874

627 institutional holders +53 vs Q3 2023
211,148,347211.1m shares reported held*
$13.2bnreported value*
69 new 184 added 222 reduced 47 sold out net bought ≈ $1.9bn (+36.9m 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 ($42.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $62.32. Options: 4 managers hold calls ($8.2m notional), 8 hold puts ($31.9m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 534Q4 22: 572Q1 23: 585Q2 23: 597Q3 23: 574Q4 23: 627627Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022534
Q4 2022572
Q1 2023585
Q2 2023597
Q3 2023574
Q4 2023627

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 23Q2 23: 249 bought or addedQ2 23: 243 cut or sold outQ2 23Q3 23: 219 bought or addedQ3 23: 278 cut or sold outQ3 23Q4 23: 253 bought or addedQ4 23: 269 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022221266
Q1 2023278214
Q2 2023249243
Q3 2023219278
Q4 2023253269

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ1 23 calls: $14.8mQ1 23 puts: $148.6mQ1 23P/C 10.06Q2 23 calls: $7.9mQ2 23 puts: $79.5mQ2 23P/C 10.10Q3 23 calls: $26.9mQ3 23 puts: $26.9mQ3 23P/C 1.00Q4 23 calls: $8.2mQ4 23 puts: $31.9mQ4 23P/C 3.88
Numbers
QuarterCallsPutsP/C
Q1 2023$14.8m$148.6m10.06
Q2 2023$7.9m$79.5m10.10
Q3 2023$26.9m$26.9m1.00
Q4 2023$8.2m$31.9m3.88

Biggest buyers

JPMORGAN CHASE & CO Added +26,402,512+26.4m
MORGAN STANLEY Added +12,336,419+12.3m
Cerity Partners LLC Added +6,525,177+6.5m
GOLDMAN SACHS GROUP INC Added +2,379,492+2.4m
Angeles Investment Advisors, LLC New +1,233,000+1.2m
Chan Zuckerberg Initiative, LLC Added +780,104+780.1k
JANUS HENDERSON GROUP PLC Added +596,866+596.9k
FLOW TRADERS U.S. LLC Added +584,151+584.2k
MATHER GROUP, LLC. Added +449,639+449.6k
HSBC HOLDINGS PLC Added +397,990+398.0k

Biggest sellers

JANE STREET GROUP, LLC Reduced -7,375,101-7.4m
FACTORY MUTUAL INSURANCE CO Reduced -1,560,000-1.6m
STATE STREET CORP Reduced -1,319,335-1.3m
BANK OF MONTREAL /CAN/ Reduced -1,172,875-1.2m
MILLENNIUM MANAGEMENT LLC Sold out -572,770-572.8k
OLD MISSION CAPITAL LLC Reduced -561,472-561.5k
Bogart Wealth, LLC Reduced -500,888-500.9k
VICTORY CAPITAL MANAGEMENT INC Reduced -431,692-431.7k
Corient Private Wealth LP Reduced -394,561-394.6k
ROYAL BANK OF CANADA Reduced -250,571-250.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.8m104.7k shares
GTS SECURITIES LLC Reduced $960.8k14.9k shares
CITADEL ADVISORS LLC Reduced $490.0k7.6k shares
Cutler Group LLC / CA Reduced $16.0k8.0k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $12.1m187.7k shares
SIMPLEX TRADING, LLC Added $8.0m151.1k shares
Maven Securities LTD Added $6.3m97.2k shares
CITADEL ADVISORS LLC Reduced $2.7m41.7k shares
GTS SECURITIES LLC Added $2.3m36.1k shares
JANE STREET GROUP, LLC Reduced $554.5k8.6k shares
Cutler Group LLC / CA Reduced $2.0k5.1k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.20% of their portfolio NEW YORK, NY 60,345,04660.3m $3.9bn $3.9bn 0.20% Added +26.4m +26,402,512
2 MORGAN STANLEY 0.07% of their portfolio NEW YORK, NY 25,572,71625.6m $1.6bn $1.6bn 0.07% Added +12.3m +12,336,419
3 GOLDMAN SACHS GROUP INC 0.19% of their portfolio NEW YORK, NY 13,260,08913.3m $855.0m $855.0m 0.19% Added +2.4m +2,379,492
4 MATHER GROUP, LLC. 7.76% of their portfolio CHICAGO, IL 7,669,5277.7m $494.5m $494.5m 7.76% Added +449.6k +449,639
5 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 6,744,5706.7m $9.0m $9.0m 0.03% Added +6.5m +6,525,177
6 Asset Management One Co., Ltd. 1.54% of their portfolio TOKYO, M0 5,922,3225.9m $381.9m $381.9m 1.54% Added +6.7k +6,719
7 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.09% of their portfolio SAN FRANCISCO, CA 5,348,9335.3m $344.9m $344.9m 0.09% Reduced -130.4k -130,371
8 Blue Trust, Inc. 4.74% of their portfolio BRENTWOOD, TN 5,098,6345.1m $295.4m $295.4m 4.74% Added +374.7k +374,702
9 JANE STREET GROUP, LLC 0.32% of their portfolio NEW YORK, NY 4,031,2544.0m $259.9m $259.9m 0.32% Reduced -7.4m -7,375,101
10 Chan Zuckerberg Initiative, LLC 63.23% of their portfolio Redwood City, CA 3,526,7543.5m $227.4m $227.4m 63.23% Added +780.1k +780,104
11 Fisher Asset Management, LLC 0.12% of their portfolio PLANO, TX 3,459,6203.5m $223.1m $223.1m 0.12% Reduced -116.3k -116,259
12 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 3,247,0343.2m $209.4m $209.4m 0.06% Reduced -200.0k -200,035
13 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 3,121,2983.1m $201.3m $201.3m 0.02% Reduced -106.8k -106,789
14 Municipal Employees' Retirement System of Michigan 2.49% of their portfolio LANSING, MI 2,890,0922.9m $186.4m $186.4m 2.49% Unchanged
15 DEUTSCHE BANK AG\ 0.07% of their portfolio FRANKFURT AM MAIN, 2M 2,133,9962.1m $137.6m $137.6m 0.07% Reduced -70.0k -69,969
16 UBS Group AG 0.05% of their portfolio ZURICH, V8 2,055,7602.1m $132.6m $132.6m 0.05% Reduced -197.6k -197,572
17 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 2,049,4012.0m $132.1m $132.1m 0.00% Reduced -35.8k -35,793
18 HighTower Advisors, LLC 0.19% of their portfolio CHICAGO, IL 1,755,1591.8m $113.2m $113.2m 0.19% Reduced -171.3k -171,331
19 BlackRock Inc. 0.00% of their portfolio New York, NY 1,682,0861.7m $108.5m $108.5m 0.00% Unchanged
20 Elm Partners Management LLC 9.43% of their portfolio Philadelphia, PA 1,608,3011.6m $103.7m $103.7m 9.43% Added +64.8k +64,803
21 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,335,1091.3m $86.1m $86.1m 0.02% Reduced -40.2k -40,158
22 Sumitomo Mitsui DS Asset Management Company, Ltd 1.06% of their portfolio TOKYO, M0 1,261,1341.3m $81.3m $81.3m 1.06% Added +175 +175
23 LINCOLN NATIONAL CORP 1.41% of their portfolio RADNOR, PA 1,245,7461.2m $80.3m $80.3m 1.41% Added +33.6k +33,649
24 Willis Johnson & Associates, Inc. 7.70% of their portfolio Houston, TX 1,243,2641.2m $80.2m $80.2m 7.70% Added +47.0k +46,953
25 Angeles Investment Advisors, LLC 4.79% of their portfolio SANTA MONICA, CA 1,233,0001.2m $79.5m $79.5m 4.79% New
26 Richard Bernstein Advisors LLC 1.56% of their portfolio NEW YORK, NY 1,094,1351.1m $70.5m $70.5m 1.56% Reduced -100.1k -100,080
27 GenTrust, LLC 4.59% of their portfolio MIAMI, FL 1,075,7841.1m $69.4m $69.4m 4.59% Reduced -29.3k -29,343
28 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,059,1911.1m $68.3m $68.3m 0.02% Reduced -250.6k -250,571
29 Money Design Co.,Ltd. 3.85% of their portfolio TOKYO, M0 1,056,7661.1m $68.1m $68.1m 3.85% Added +73.2k +73,225
30 FLOW TRADERS U.S. LLC 1.98% of their portfolio NEW YORK, NY 1,004,6081.0m $64.8m $64.8m 1.98% Added +584.2k +584,151
31 Garde Capital, Inc. 4.66% of their portfolio SEATTLE, WA 947,606947.6k $61.1m $61.1m 4.66% Reduced -19.0k -18,974
32 OLD MISSION CAPITAL LLC 1.71% of their portfolio CHICAGO, IL 945,966946.0k $61.0m $61.0m 1.71% Reduced -561.5k -561,472
33 Creative Planning 0.11% of their portfolio OVERLAND PARK, KS 891,063891.1k $57.5m $57.5m 0.11% Added +27.0k +27,026
34 Smithfield Trust Co 3.20% of their portfolio PITTSBURGH, PA 885,832885.8k $57.1m $57.1m 3.20% Added +3.1k +3,102
35 Prime Capital Investment Advisors, LLC 0.85% of their portfolio OVERLAND PARK, KS 878,476878.5k $56.6m $56.6m 0.85% Reduced -30.4k -30,447
36 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.64% of their portfolio Madrid, U3 835,843835.8k $53.9m $53.9m 0.64% Reduced -17.5k -17,533
37 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 803,735803.7k $51.8m $51.8m 0.03% Added +596.9k +596,866
38 FACTORY MUTUAL INSURANCE CO 0.63% of their portfolio WALTHAM, MA 789,005789.0k $50.9m $50.9m 0.63% Reduced -1.6m -1,560,000
39 Itau Unibanco Holding S.A. 1.64% of their portfolio SAO PAULO, D5 772,877772.9k $49.8m $49.8m 1.64% Reduced -24.6k -24,571
40 Haverford Trust Co 0.53% of their portfolio Radnor, PA 737,488737.5k $47.6m $47.6m 0.53% Reduced -61.4k -61,360
41 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 713,588713.6k $46.0m $46.0m 0.02% Added +6.8k +6,810
42 Stairway Partners, LLC 4.60% of their portfolio MINNEAPOLIS, MN 708,194708.2k $45.7m $45.7m 4.60% Added +8.1k +8,068
43 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 667,642667.6k $43.0m $43.0m 0.05% Added +5.0k +4,999
44 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 638,212638.2k $41.2m $41.2m 0.04% Reduced -431.7k -431,692
45 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 620,868620.9k $40.0m $40.0m 0.04% Reduced -217.1k -217,148
46 Ballentine Partners, LLC 0.80% of their portfolio Waltham, MA 604,605604.6k $39.0m $39.0m 0.80% Reduced -59.0k -59,032
47 PEAPACK GLADSTONE FINANCIAL CORP 0.64% of their portfolio BEDMINSTER, NJ 594,026594.0k $38.3m $38.3m 0.64% Reduced -16.2k -16,163
48 Efficient Advisors, LLC 2.39% of their portfolio BEAVERTON, OR 550,039550.0k $35.5m $35.5m 2.39% Reduced -53.9k -53,895
49 Mirae Asset Global Investments Co., Ltd. 0.07% of their portfolio SEOUL, M5 529,898529.9k $34.2m $34.2m 0.07% Added +86.2k +86,229
50 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 510,141510.1k $32.9m $32.9m 0.04% Added +2.9k +2,913
51 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 2.06% of their portfolio SAN FRANCISCO, CA 487,779487.8k $31.5m $31.5m 2.06% Added +24.8k +24,772
52 AE Wealth Management LLC 0.15% of their portfolio TOPEKA, KS 465,348465.3k $29.7m $29.7m 0.15% Added +309.9k +309,864
53 PRESILIUM PRIVATE WEALTH, LLC 8.46% of their portfolio RADNOR, PA 460,765460.8k $29.7m $29.7m 8.46% Reduced -56.8k -56,760
54 INVICTUS PRIVATE WEALTH, LLC 2.85% of their portfolio Denver, CO 451,991452.0k $29.1m $29.1m 2.85% Added +8.3k +8,346
55 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 437,897437.9k $28.2m $28.2m 0.05% Added +18.2k +18,225
56 ICONIQ Capital, LLC 0.50% of their portfolio SAN FRANCISCO, CA 418,276418.3k $27.0m $27.0m 0.50% Added +2.6k +2,578
57 HSBC HOLDINGS PLC 0.02% of their portfolio LONDON, X0 416,928416.9k $26.9m $26.9m 0.02% Added +398.0k +397,990
58 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 365,467365.5k $23.6m $23.6m 0.01% Reduced -31.3k -31,329
59 Greytown Advisors Inc. 11.67% of their portfolio MIAMI, FL 330,793330.8k $21.3m $21.3m 11.67% Reduced -26.6k -26,556
60 ANGELES WEALTH MANAGEMENT, LLC 2.59% of their portfolio SANTA MONICA, CA 329,639329.6k $21.3m $21.3m 2.59% Reduced -2.3k -2,319
61 AGF MANAGEMENT LTD 0.12% of their portfolio TORONTO, A6 327,063327.1k $21.1m $21.1m 0.12% Reduced -18.3k -18,300
62 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.03% of their portfolio BALA CYNWYD, PA 313,970314.0k $20.2m $20.2m 0.03% Added +110.7k +110,745
63 Equitable Holdings, Inc. 0.24% of their portfolio NEW YORK, NY 301,100301.1k $19.4m $19.4m 0.24% Reduced -7.8k -7,785
64 Cresset Asset Management, LLC 0.11% of their portfolio Chicago, IL 292,971293.0k $18.9m $18.9m 0.11% Reduced -21.0k -21,002
65 Tanager Wealth Management LLP 3.40% of their portfolio Goring On Thames, X0 290,230290.2k $18.7m $18.7m 3.40% Added +2.1k +2,130
66 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 289,774289.8k $18.7m $18.7m 0.01% Reduced -21.1k -21,050
67 COOPER/HAIMS ADVISORS, LLC 10.07% of their portfolio VICTOR, NY 275,364275.4k $17.8m $17.8m 10.07% Reduced -3.7k -3,669
68 Rye Brook Capital LLC 9.98% of their portfolio GREENWICH, CT 269,200269.2k $17.4m $17.4m 9.98% Reduced -400 -400
69 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 261,644261.6k $16.9m $16.9m 0.05% Reduced -7.8k -7,819
70 BBJS FINANCIAL ADVISORS, LLC 5.82% of their portfolio SEATTLE, WA 259,900259.9k $16.8m $16.8m 5.82% Reduced -1.2k -1,209
71 Karpus Management, Inc. 0.50% of their portfolio Pittsford, NY 256,645256.6k $16.5m $16.5m 0.50% Reduced -58.9k -58,908
72 Tiller Private Wealth, Inc. 8.03% of their portfolio BETHLEHEM, PA 248,451248.5k $16.0m $16.0m 8.03% Reduced -137 -137
73 BECKER CAPITAL MANAGEMENT INC 0.57% of their portfolio Portland, OR 243,849243.8k $15.7m $15.7m 0.57% Reduced -9.1k -9,134
74 Ameraudi Asset Management, Inc. 6.81% of their portfolio New York, NY 240,248240.2k $15.5m $15.5m 6.81% Reduced -6.1k -6,058
75 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 237,104237.1k $15.3m $15.3m 0.02% Added +52.1k +52,053
76 Banco Santander, S.A. 0.18% of their portfolio Madrid, U3 233,029233.0k $15.0m $15.0m 0.18% Reduced -73.3k -73,314
77 Integris Wealth Management, LLC 4.41% of their portfolio Monterey, CA 231,006231.0k $14.9m $14.9m 4.41% Reduced -9.8k -9,838
78 Ally Financial Inc. 1.90% of their portfolio Detroit, MI 225,000225.0k $14.5m $14.5m 1.90% Unchanged
79 COURIER CAPITAL LLC 1.09% of their portfolio BUFFALO, NY 222,575222.6k $14.4m $14.4m 1.09% Reduced -828 -828
80 NISA INVESTMENT ADVISORS, LLC 0.10% of their portfolio ST. LOUIS, MO 220,200220.2k $14.2m $14.2m 0.10% Added +5.2k +5,200
81 Zeit Capital LLC 11.97% of their portfolio GREENWOOD VILLAGE, CO 216,570216.6k $14.0m $14.0m 11.97% Reduced -3.9k -3,850
82 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 214,915214.9k $13.9m $13.9m 0.00% Reduced -1.2m -1,172,875
83 ATLAS CAPITAL ADVISORS INC. 1.97% of their portfolio JACKSON, WY 210,499210.5k $13.6m $13.6m 1.97% Added +14.6k +14,602
84 Impact Partnership Wealth, LLC 4.83% of their portfolio MARIETTA, GA 204,822204.8k $13.2m $13.2m 4.83% Added +91.5k +91,453
85 LAZARD ASSET MANAGEMENT LLC 0.02% of their portfolio NEW YORK, NY 204,025204.0k $13.2m $13.2m 0.02% Added +37.2k +37,154
86 Sierra Capital LLC 1.89% of their portfolio MIAMI, FL 199,790199.8k $12.9m $12.9m 1.89% Added +4.2k +4,213
87 Rafferty Asset Management, LLC 0.05% of their portfolio New York, NY 199,313199.3k $12.9m $12.9m 0.05% Added +19.1k +19,100
88 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 198,902198.9k $12.8m $12.8m 0.01% Added +37.3k +37,295
89 Greenline Partners, LLC 2.12% of their portfolio NEW YORK, NY 194,396194.4k $12.5m $12.5m 2.12% Added +4.2k +4,154
90 BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio PARIS, I0 186,525186.5k $12.0m $12.0m 0.02% Reduced -129.5k -129,480
91 OLD SECOND NATIONAL BANK OF AURORA 3.30% of their portfolio AURORA, IL 185,808185.8k $12.0m $12.0m 3.30% Reduced -3.4k -3,370
92 ANDERSON HOAGLAND & CO 1.40% of their portfolio ST LOUIS, MO 182,373182.4k $11.4m $11.4m 1.40% Reduced -1.1k -1,110
93 TOCQUEVILLE ASSET MANAGEMENT L.P. 0.21% of their portfolio New York, NY 179,344179.3k $11.6m $11.6m 0.21% Reduced -2.4k -2,438
94 COMERICA BANK 0.05% of their portfolio DALLAS, TX 179,327179.3k $11.6m $11.6m 0.05% Reduced -16.9k -16,870
95 HARBOR ADVISORY CORP /MA/ 4.00% of their portfolio PORTSMOUTH, NH 173,205173.2k $11.2m $11.2m 4.00% Added +6.9k +6,936
96 BigSur Wealth Management LLC 5.25% of their portfolio MIAMI, FL 170,905170.9k $11.0m $11.0m 5.25% Added +600 +600
97 Journey Advisory Group, LLC 1.45% of their portfolio COVINGTON, KY 165,208165.2k $10.7m $10.7m 1.45% Added +8.6k +8,552
98 Walkner Condon Financial Advisors LLC 2.40% of their portfolio MADISON, WI 163,614163.6k $10.5m $10.5m 2.40% Added +9.3k +9,324
99 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 157,116157.1k $10.1m $10.1m 0.05% Added +35.6k +35,615
100 Fiduciary Trust Co 0.17% of their portfolio Boston, MA 155,369155.4k $10.0m $10.0m 0.17% Added +651 +651