Vault-13

VANGUARD INTL EQUITY INDEX F VGK

FTSE EUROPE ETF · ETP · CUSIP 922042874

717 institutional holders +80 vs Q4 2024
171,378,458171.4m shares reported held*
$12.0bnreported value*
140 new 265 added 163 reduced 54 sold out net bought ≈ $2.4bn (+34.0m 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 ($52.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $70.18. Options: 4 managers hold calls ($8.6m notional), 6 hold puts ($18.3m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 534Q4 22: 572Q1 23: 585Q2 23: 597Q3 23: 574Q4 23: 627Q1 24: 634Q2 24: 636Q3 24: 640Q4 24: 637Q1 25: 717717Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022534
Q4 2022572
Q1 2023585
Q2 2023597
Q3 2023574
Q4 2023627
Q1 2024634
Q2 2024636
Q3 2024640
Q4 2024637
Q1 2025717

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q2 23: 249 bought or addedQ2 23: 243 cut or sold outQ3 23: 219 bought or addedQ3 23: 278 cut or sold outQ3 23Q4 23: 253 bought or addedQ4 23: 269 cut or sold outQ1 24: 278 bought or addedQ1 24: 269 cut or sold outQ1 24Q2 24: 282 bought or addedQ2 24: 252 cut or sold outQ3 24: 248 bought or addedQ3 24: 284 cut or sold outQ3 24Q4 24: 239 bought or addedQ4 24: 280 cut or sold outQ1 25: 405 bought or addedQ1 25: 217 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023249243
Q3 2023219278
Q4 2023253269
Q1 2024278269
Q2 2024282252
Q3 2024248284
Q4 2024239280
Q1 2025405217

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ2 24 calls: $9.2mQ2 24 puts: $111.5mQ2 24P/C 12.14Q3 24 calls: $10.2mQ3 24 puts: $17.5mQ3 24P/C 1.72Q4 24 calls: $5.3mQ4 24 puts: $11.0mQ4 24P/C 2.09Q1 25 calls: $8.6mQ1 25 puts: $18.3mQ1 25P/C 2.13
Numbers
QuarterCallsPutsP/C
Q2 2024$9.2m$111.5m12.14
Q3 2024$10.2m$17.5m1.72
Q4 2024$5.3m$11.0m2.09
Q1 2025$8.6m$18.3m2.13

Biggest buyers

JPMORGAN CHASE & CO Added +8,767,138+8.8m
MORGAN STANLEY Added +3,697,961+3.7m
Angeles Investment Advisors, LLC New +2,734,500+2.7m
Municipal Employees' Retirement System of Michigan Added +2,692,667+2.7m
STATE STREET CORP Added +2,350,501+2.4m
Fisher Asset Management, LLC Added +2,043,798+2.0m
VICTORY CAPITAL MANAGEMENT INC New +1,436,924+1.4m
FACTORY MUTUAL INSURANCE CO New +1,412,500+1.4m
Prime Capital Investment Advisors, LLC Added +1,384,425+1.4m
UBS Group AG Added +1,153,837+1.2m

Biggest sellers

Chan Zuckerberg Initiative, LLC Reduced -2,860,916-2.9m
MATHER GROUP, LLC. Reduced -1,239,949-1.2m
JANE STREET GROUP, LLC Reduced -1,158,440-1.2m
FLOW TRADERS U.S. LLC Sold out -947,076-947.1k
AMERIPRISE FINANCIAL INC Reduced -497,350-497.4k
ICONIQ Capital, LLC Sold out -431,475-431.5k
CITADEL ADVISORS LLC Reduced -183,028-183.0k
CAPITAL FUND MANAGEMENT S.A. Sold out -129,616-129.6k
Impact Partnership Wealth, LLC Reduced -124,405-124.4k
Sumitomo Mitsui DS Asset Management Company, Ltd Reduced -120,585-120.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.6m65.0k shares
Walleye Trading LLC New $2.5m35.6k shares
CITADEL ADVISORS LLC Reduced $1.5m21.7k shares
HighTower Advisors, LLC New $215100 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $12.8m182.7k shares
SIMPLEX TRADING, LLC Added $2.3m33.2k shares
CITADEL ADVISORS LLC Reduced $1.8m25.1k shares
GROUP ONE TRADING LLC New $744.2k10.6k shares
Walleye Trading LLC New $596.8k8.5k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.19% of their portfolio NEW YORK, NY 35,505,50535.5m $2.5bn $2.5bn 0.19% Added +8.8m +8,767,138
2 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 18,030,13418.0m $1.3bn $1.3bn 0.09% Added +3.7m +3,697,961
3 GOLDMAN SACHS GROUP INC 0.15% of their portfolio NEW YORK, NY 11,172,86011.2m $784.4m $784.4m 0.15% Added +762 +762
4 Municipal Employees' Retirement System of Michigan 5.72% of their portfolio LANSING, MI 6,435,2866.4m $451.8m $451.8m 5.72% Added +2.7m +2,692,667
5 Asset Management One Co., Ltd. 1.47% of their portfolio TOKYO, M0 6,038,7586.0m $424.0m $424.0m 1.47% Added +88.8k +88,825
6 Blue Trust, Inc. 4.55% of their portfolio BRENTWOOD, TN 5,056,7895.1m $355.0m $355.0m 4.55% Added +69.7k +69,710
7 Fisher Asset Management, LLC 0.15% of their portfolio PLANO, TX 4,898,7274.9m $343.9m $343.9m 0.15% Added +2.0m +2,043,798
8 UBS Group AG 0.05% of their portfolio ZURICH, V8 3,304,7483.3m $232.0m $232.0m 0.05% Added +1.2m +1,153,837
9 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 3,223,6983.2m $226.3m $226.3m 0.00% Added +439.6k +439,565
10 Angeles Investment Advisors, LLC 10.33% of their portfolio SANTA MONICA, CA 2,734,5002.7m $192.0m $192.0m 10.33% New
11 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 2,429,0342.4m $170.5m $170.5m 0.01% Added +2.4m +2,350,501
12 MATHER GROUP, LLC. 1.94% of their portfolio CHICAGO, IL 2,385,0752.4m $167.5m $167.5m 1.94% Reduced -1.2m -1,239,949
13 Prime Capital Investment Advisors, LLC 1.80% of their portfolio OVERLAND PARK, KS 2,191,2502.2m $153.8m $153.8m 1.80% Added +1.4m +1,384,425
14 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,169,3612.2m $152.3m $152.3m 0.01% Added +100.1k +100,130
15 DEUTSCHE BANK AG\ 0.06% of their portfolio FRANKFURT AM MAIN, 2M 2,127,5632.1m $149.4m $149.4m 0.06% Added +113.3k +113,336
16 HighTower Advisors, LLC 0.20% of their portfolio CHICAGO, IL 2,064,5722.1m $145.0m $145.0m 0.20% Added +155.0k +154,998
17 Elm Partners Management LLC 8.76% of their portfolio Philadelphia, PA 1,937,8881.9m $136.1m $136.1m 8.76% Added +396.7k +396,694
18 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,742,3291.7m $122.3m $122.3m 0.03% Added +506.2k +506,216
19 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,702,8971.7m $119.6m $119.6m 0.00% Reduced -82 -82
20 Money Design Co.,Ltd. 5.71% of their portfolio TOKYO, M0 1,630,8111.6m $114.5m $114.5m 5.71% Added +429.3k +429,303
21 Willis Johnson & Associates, Inc. 8.20% of their portfolio Houston, TX 1,542,5121.5m $108.3m $108.3m 8.20% Added +36.9k +36,883
22 VICTORY CAPITAL MANAGEMENT INC 0.10% of their portfolio San Antonio, TX 1,436,9241.4m $100.9m $100.9m 0.10% New
23 FACTORY MUTUAL INSURANCE CO 1.15% of their portfolio WALTHAM, MA 1,412,5001.4m $99.2m $99.2m 1.15% New
24 LINCOLN NATIONAL CORP 2.93% of their portfolio RADNOR, PA 1,297,0231.3m $91.1m $91.1m 2.93% Reduced -50.9k -50,895
25 Sumitomo Mitsui DS Asset Management Company, Ltd 0.90% of their portfolio TOKYO, M0 1,256,4151.3m $88.2m $88.2m 0.90% Reduced -120.6k -120,585
26 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,116,3511.1m $78.4m $78.4m 0.02% Reduced -497.4k -497,350
27 Creative Planning 0.07% of their portfolio OVERLAND PARK, KS 1,110,6511.1m $78.0m $78.0m 0.07% Added +74.0k +74,027
28 ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio NASHVILLE, TN 1,109,7811.1m $77.9m $77.9m 0.03% Added +319.6k +319,609
29 Stairway Partners, LLC 4.78% of their portfolio MINNEAPOLIS, MN 1,104,7631.1m $77.6m $77.6m 4.78% Added +3.2k +3,159
30 Garde Capital, Inc. 4.03% of their portfolio SEATTLE, WA 1,001,4471.0m $70.3m $70.3m 4.03% Reduced -48.0k -47,999
31 GenTrust, LLC 3.27% of their portfolio MIAMI, FL 969,866969.9k $68.1m $68.1m 3.27% Added +32.8k +32,821
32 COMERICA BANK 0.27% of their portfolio DALLAS, TX 913,261913.3k $64.1m $64.1m 0.27% Added +763.8k +763,846
33 BANK OF NOVA SCOTIA 0.14% of their portfolio TORONTO, A6 868,400868.4k $61.0m $61.0m 0.14% Added +859.6k +859,585
34 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.05% of their portfolio MILWAUKEE, WI 850,769850.8k $59.7m $59.7m 0.05% Reduced -16.5k -16,508
35 Itau Unibanco Holding S.A. 2.28% of their portfolio SAO PAULO, D5 840,617840.6k $59.0m $59.0m 2.28% Added +828.4k +828,394
36 Smithfield Trust Co 2.95% of their portfolio PITTSBURGH, PA 839,508839.5k $58.9m $58.9m 2.95% Reduced -5.6k -5,565
37 JANUS HENDERSON GROUP PLC 0.03% of their portfolio LONDON, X0 814,468814.5k $57.8m $57.8m 0.03% Added +248.1k +248,053
38 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 741,874741.9k $52.1m $52.1m 0.06% Added +52.6k +52,568
39 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio Toronto, A6 709,750709.8k $49.8m $49.8m 0.05% New
40 Mirae Asset Global Investments Co., Ltd. 0.19% of their portfolio SEOUL, M5 665,420665.4k $47.2m $47.2m 0.19% Added +236.4k +236,406
41 Chan Zuckerberg Initiative, LLC 39.42% of their portfolio Redwood City, CA 664,838664.8k $46.7m $46.7m 39.42% Reduced -2.9m -2,860,916
42 Cerity Partners LLC 0.10% of their portfolio NEW YORK, NY 658,913658.9k $46.3m $46.3m 0.10% Added +415.1k +415,068
43 Haverford Trust Co 0.47% of their portfolio Radnor, PA 658,679658.7k $46.2m $46.2m 0.47% Reduced -47.2k -47,244
44 LIFE LINE WEALTH MANAGEMENT LLC 16.87% of their portfolio Beverly Hills, CA 653,045653.0k $45.9m $45.9m 16.87% New
45 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 620,368620.4k $43.6m $43.6m 0.01% Added +27.6k +27,586
46 Efficient Advisors, LLC 2.69% of their portfolio BEAVERTON, OR 589,112589.1k $41.4m $41.4m 2.69% Reduced -36.7k -36,732
47 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 578,162578.2k $40.6m $40.6m 0.03% Added +65.0k +65,013
48 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.40% of their portfolio Madrid, U3 560,957561.0k $39.5m $39.5m 0.40% Added +324.4k +324,387
49 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 551,195551.2k $38.7m $38.7m 0.02% Added +219.0k +218,980
50 Ballentine Partners, LLC 0.66% of their portfolio Waltham, MA 545,560545.6k $38.3m $38.3m 0.66% Reduced -42.3k -42,272
51 PRESILIUM PRIVATE WEALTH, LLC 8.51% of their portfolio RADNOR, PA 540,812540.8k $38.0m $38.0m 8.51% Reduced -31.7k -31,739
52 PEAPACK GLADSTONE FINANCIAL CORP 0.55% of their portfolio BEDMINSTER, NJ 528,777528.8k $37.1m $37.1m 0.55% Reduced -5.2k -5,162
53 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 1.99% of their portfolio SAN FRANCISCO, CA 491,742491.7k $34.5m $34.5m 1.99% Reduced -5.0k -5,010
54 COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio WALTHAM, MA 483,030483.0k $33.9m $33.9m 0.05% Added +44.4k +44,447
55 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 474,500474.5k $33.3m $33.3m 0.02% Added +473.5k +473,500
56 ANGELES WEALTH MANAGEMENT, LLC 2.59% of their portfolio SANTA MONICA, CA 444,409444.4k $31.2m $31.2m 2.59% Added +27.5k +27,502
57 SCHRODER INVESTMENT MANAGEMENT GROUP 0.03% of their portfolio London, X0 421,082421.1k $29.9m $29.9m 0.03% Added +400.1k +400,147
58 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 406,757406.8k $28.6m $28.6m 0.03% Reduced -183.0k -183,028
59 Impact Partnership Wealth, LLC 5.78% of their portfolio MARIETTA, GA 385,343385.3k $27.1m $27.1m 5.78% Reduced -124.4k -124,405
60 ATLAS CAPITAL ADVISORS INC. 3.24% of their portfolio JACKSON, WY 369,795369.8k $26.0m $26.0m 3.24% Added +173.2k +173,168
61 Rafferty Asset Management, LLC 0.11% of their portfolio New York, NY 364,855364.9k $25.6m $25.6m 0.11% Added +217.7k +217,745
62 Tanager Wealth Management LLP 3.32% of their portfolio Goring On Thames, X0 363,504363.5k $25.5m $25.5m 3.32% Reduced -390 -390
63 Galilei Investment Office LLP 13.27% of their portfolio LONDON, X0 354,615354.6k $24.5m $24.5m 13.27% Reduced -63.2k -63,202
64 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 339,937339.9k $23.9m $23.9m 0.01% Added +33.3k +33,331
65 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 320,001320.0k $22.5m $22.5m 0.04% Reduced -1.2m -1,158,440
66 BESSEMER GROUP INC 0.04% of their portfolio WOODBRIDGE, NJ 307,486307.5k $21.6m $21.6m 0.04% Added +37.0k +37,029
67 Point72 Europe (London) LLP 1.46% of their portfolio LONDON, X0 301,233301.2k $21.1m $21.1m 1.46% New
68 Equitable Holdings, Inc. 0.20% of their portfolio NEW YORK, NY 299,896299.9k $21.1m $21.1m 0.20% Added +9.9k +9,913
69 BTG Pactual Asset Management US LLC 2.65% of their portfolio NEW YORK, NY 290,425290.4k $20.4m $20.4m 2.65% Added +8.3k +8,264
70 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 289,100289.1k $20.3m $20.3m 0.03% Added +152.1k +152,100
71 Janney Montgomery Scott LLC 0.06% of their portfolio PHILADELPHIA, PA 288,738288.7k $20.3m $20.3m 0.06% Added +17.0k +16,971
72 COOPER/HAIMS ADVISORS, LLC 10.57% of their portfolio VICTOR, NY 277,829277.8k $19.5m $19.5m 10.57% Reduced -557 -557
73 Karpus Management, Inc. 0.62% of their portfolio Pittsford, NY 271,231271.2k $19.0m $19.0m 0.62% Reduced -14.0k -13,952
74 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 260,170260.2k $18.3m $18.3m 0.02% New
75 Hamilton Wealth, LLC 4.14% of their portfolio LOS ANGELES, CA 245,126245.1k $17.2m $17.2m 4.14% New
76 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 241,960242.0k $17.0m $17.0m 0.01% First filing
77 FPC INVESTMENT ADVISORY, INC. 12.16% of their portfolio PETALUMA, CA 238,460238.5k $17.7m $17.7m 12.16% Added +21.1k +21,073
78 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 232,771232.8k $16.3m $16.3m 0.01% Added +24.0k +23,972
79 Penserra Capital Management LLC 0.29% of their portfolio ORINDA, CA 230,951231.0k $16.2m $16.2m 0.29% Added +11.1k +11,095
80 AGF MANAGEMENT LTD 0.09% of their portfolio TORONTO, A6 229,617229.6k $16.1m $16.1m 0.09% Reduced -19.2k -19,248
81 Robertson Stephens Wealth Management, LLC 0.59% of their portfolio San Francisco, CA 225,319225.3k $15.8m $15.8m 0.59% New
82 Obsido Oy 13.45% of their portfolio TAMPERE, H9 223,580223.6k $15.7m $15.7m 13.45% Added +3.8k +3,828
83 COURIER CAPITAL LLC 1.02% of their portfolio BUFFALO, NY 222,949222.9k $15.7m $15.7m 1.02% Added +2.3k +2,323
84 NISA INVESTMENT ADVISORS, LLC 0.08% of their portfolio ST. LOUIS, MO 220,200220.2k $15.5m $15.5m 0.08% Unchanged
85 Permian Investment Partners, LP 2.31% of their portfolio DALLAS, TX 220,000220.0k $15.4m $15.4m 2.31% New
86 Madison Asset Management, LLC 0.17% of their portfolio MADISON, WI 217,323217.3k $15.3m $15.3m 0.17% Added +60.4k +60,405
87 Tiller Private Wealth, Inc. 6.31% of their portfolio BETHLEHEM, PA 215,873215.9k $15.2m $15.2m 6.31% Reduced -36.6k -36,558
88 ANDERSON HOAGLAND & CO 1.57% of their portfolio ST LOUIS, MO 210,846210.8k $13.2m $13.2m 1.57% Added +26.6k +26,588
89 HUB Investment Partners, LLC 0.60% of their portfolio AUSTIN, TX 210,703210.7k $14.8m $14.8m 0.60% New
90 Zeit Capital LLC 11.23% of their portfolio GREENWOOD VILLAGE, CO 207,953208.0k $14.6m $14.6m 11.23% Added +2.1k +2,065
91 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 202,413202.4k $14.2m $14.2m 0.00% Added +78.5k +78,490
92 Journey Advisory Group, LLC 1.16% of their portfolio COVINGTON, KY 201,988202.0k $14.2m $14.2m 1.16% Added +21.5k +21,466
93 SCOTIA CAPITAL INC. 0.08% of their portfolio TORONTO, A6 199,628199.6k $14.0m $14.0m 0.08% Added +68.9k +68,948
94 Stelac Advisory Services LLC 5.68% of their portfolio NEW YORK, NY 196,473196.5k $13.8m $13.8m 5.68% Added +5.8k +5,813
95 CHURCHILL MANAGEMENT Corp 0.17% of their portfolio Los Angeles, CA 195,223195.2k $13.7m $13.7m 0.17% New
96 Integris Wealth Management, LLC 3.81% of their portfolio Monterey, CA 190,018190.0k $13.3m $13.3m 3.81% Reduced -6.9k -6,885
97 BigSur Wealth Management LLC 3.57% of their portfolio MIAMI, FL 187,610187.6k $13.2m $13.2m 3.57% Added +26.2k +26,155
98 Greenline Partners, LLC 1.90% of their portfolio NEW YORK, NY 187,528187.5k $13.2m $13.2m 1.90% Added +6.6k +6,620
99 Advisor Resource Council 1.03% of their portfolio DALLAS, TX 187,435187.4k $12.8m $12.8m 1.03% New
100 CASTLEKEEP INVESTMENT ADVISORS LLC 6.70% of their portfolio WESTPORT, CT 185,702185.7k $13.0m $13.0m 6.70% Added +107.0k +106,967