Vault-13

VANGUARD INTL EQUITY INDEX F VGK

FTSE EUROPE ETF · ETP · CUSIP 922042874

894 institutional holders +38 vs Q4 2025
187,515,733187.5m shares reported held*
$15.3bnreported value*
103 new 369 added 220 reduced 64 sold out net bought ≈ $244.6m (+3.0m 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 ($85.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $81.86. Options: 4 managers hold calls ($9.4m notional), 7 hold puts ($16.9m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 534Q4 22: 572Q1 23: 585Q2 23: 597Q3 23: 574Q4 23: 627Q1 24: 634Q2 24: 636Q3 24: 640Q4 24: 637Q1 25: 717Q2 25: 800Q3 25: 799Q4 25: 856Q1 26: 894894Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022534
Q4 2022572
Q1 2023585
Q2 2023597
Q3 2023574
Q4 2023627
Q1 2024634
Q2 2024636
Q3 2024640
Q4 2024637
Q1 2025717
Q2 2025800
Q3 2025799
Q4 2025856
Q1 2026894

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q2 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 25Q2 25: 446 bought or addedQ2 25: 249 cut or sold outQ3 25: 392 bought or addedQ3 25: 258 cut or sold outQ3 25Q4 25: 409 bought or addedQ4 25: 278 cut or sold outQ1 26: 472 bought or addedQ1 26: 284 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024282252
Q3 2024248284
Q4 2024239280
Q1 2025405217
Q2 2025446249
Q3 2025392258
Q4 2025409278
Q1 2026472284

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ2 25 calls: $13.6mQ2 25 puts: $34.9mQ2 25P/C 2.58Q3 25 calls: $6.2mQ3 25 puts: $7.6mQ3 25P/C 1.22Q4 25 calls: $5.7mQ4 25 puts: $3.1mQ4 25P/C 0.55Q1 26 calls: $9.4mQ1 26 puts: $16.9mQ1 26P/C 1.81
Numbers
QuarterCallsPutsP/C
Q2 2025$13.6m$34.9m2.58
Q3 2025$6.2m$7.6m1.22
Q4 2025$5.7m$3.1m0.55
Q1 2026$9.4m$16.9m1.81

Biggest buyers

FLOW TRADERS U.S. LLC Added +2,171,619+2.2m
Employees Retirement System of Texas New +1,997,090+2.0m
JANE STREET GROUP, LLC Added +1,204,432+1.2m
MORGAN STANLEY Added +1,150,698+1.2m
FIFTH THIRD BANCORP Added +860,044+860.0k
Trustees of Dartmouth College New +590,190+590.2k
Itau Unibanco Holding S.A. Added +561,542+561.5k
Robertson Stephens Wealth Management, LLC New +503,948+503.9k
Stephens Greth Foundation Added +459,123+459.1k
BNP PARIBAS FINANCIAL MARKETS Added +417,382+417.4k

Biggest sellers

Municipal Employees' Retirement System of Michigan Reduced -2,371,431-2.4m
GOLDMAN SACHS GROUP INC Reduced -1,730,232-1.7m
AMERIPRISE FINANCIAL INC Reduced -715,862-715.9k
Chan Zuckerberg Initiative, LLC Sold out -664,838-664.8k
JANUS HENDERSON GROUP PLC Sold out -637,849-637.8k
FACTORY MUTUAL INSURANCE CO Reduced -611,845-611.8k
VICTORY CAPITAL MANAGEMENT INC Reduced -529,707-529.7k
RAYMOND JAMES FINANCIAL INC Reduced -452,160-452.2k
NATIONAL BANK OF CANADA /FI/ Reduced -434,400-434.4k
LIFE LINE WEALTH MANAGEMENT LLC Sold out -322,069-322.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.8m58.7k shares
CITADEL ADVISORS LLC Added $2.4m29.0k shares
JANE STREET GROUP, LLC Added $1.3m15.5k shares
Point72 Asset Management, L.P. Added $857.3k10.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.8m143.1k shares
SIMPLEX TRADING, LLC New $1.3m17.0k shares
CITADEL ADVISORS LLC Added $1.0m12.5k shares
IMC-Chicago, LLC New $1.0m12.5k shares
JANE STREET GROUP, LLC New $980.9k11.9k shares
GROUP ONE TRADING LLC Added $593.5k7.2k shares
LPL Financial LLC New $206.1k2.5k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.24% of their portfolio NEW YORK, NY 44,950,26445.0m $3.6bn $3.6bn 0.24% Added +356.3k +356,253
2 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 17,401,42917.4m $1.4bn $1.4bn 0.09% Added +1.2m +1,150,698
3 MATHER GROUP, LLC. 7.20% of their portfolio CHICAGO, IL 8,750,7688.8m $721.3m $721.3m 7.20% Added +55.4k +55,442
4 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 7,849,5657.8m $647.0m $647.0m 0.09% Reduced -1.7m -1,730,232
5 Municipal Employees' Retirement System of Michigan 6.33% of their portfolio LANSING, MI 6,764,8656.8m $557.6m $557.6m 6.33% Reduced -2.4m -2,371,431
6 Asset Management One Co., Ltd. 1.54% of their portfolio TOKYO, M0 6,318,3056.3m $520.8m $520.8m 1.54% Added +23.8k +23,837
7 Fisher Asset Management, LLC 0.14% of their portfolio PLANO, TX 5,017,4545.0m $413.6m $413.6m 0.14% Added +45.2k +45,233
8 Vanguard Investments Australia, Ltd. 1.12% of their portfolio Victoria, C3 4,689,4734.7m $386.6m $386.6m 1.12% First filing
9 UBS Group AG 0.06% of their portfolio ZURICH, V8 3,842,7023.8m $316.8m $316.8m 0.06% Added +322.8k +322,757
10 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 3,564,2663.6m $293.8m $293.8m 0.02% Added +241.5k +241,477
11 Blue Trust, Inc. 3.26% of their portfolio BRENTWOOD, TN 3,457,1193.5m $285.0m $285.0m 3.26% Reduced -287.0k -287,019
12 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 2,246,8902.2m $185.2m $185.2m 0.04% Added +110.3k +110,332
13 FLOW TRADERS U.S. LLC 5.68% of their portfolio NEW YORK, NY 2,179,1892.2m $179.6m $179.6m 5.68% Added +2.2m +2,171,619
14 Elm Partners Management LLC 7.33% of their portfolio Philadelphia, PA 2,117,0172.1m $169.1m $169.1m 7.33% Reduced -79.1k -79,108
15 BlackRock, Inc. 0.00% of their portfolio New York, NY 2,006,8672.0m $165.4m $165.4m 0.00% Added +4.1k +4,096
16 Employees Retirement System of Texas 1.44% of their portfolio AUSTIN, TX 1,997,0902.0m $164.6m $164.6m 1.44% New
17 DEUTSCHE BANK AG\ 0.05% of their portfolio FRANKFURT AM MAIN, 2M 1,949,0201.9m $160.7m $160.7m 0.05% Reduced -44.2k -44,227
18 HighTower Advisors, LLC 0.17% of their portfolio CHICAGO, IL 1,946,6131.9m $160.5m $160.5m 0.17% Reduced -91.0k -91,017
19 Prime Capital Investment Advisors, LLC 1.84% of their portfolio OVERLAND PARK, KS 1,927,4701.9m $158.9m $158.9m 1.84% Reduced -110.7k -110,724
20 Willis Johnson & Associates, Inc. 8.35% of their portfolio Houston, TX 1,737,4211.7m $143.2m $143.2m 8.35% Added +46.4k +46,434
21 Itau Unibanco Holding S.A. 3.01% of their portfolio SAO PAULO, D5 1,524,5421.5m $125.7m $125.7m 3.01% Added +561.5k +561,542
22 Creative Planning 0.08% of their portfolio OVERLAND PARK, KS 1,470,3041.5m $121.2m $121.2m 0.08% Added +89.1k +89,122
23 JANE STREET GROUP, LLC 0.12% of their portfolio NEW YORK, NY 1,397,7931.4m $115.2m $115.2m 0.12% Added +1.2m +1,204,432
24 LINCOLN NATIONAL CORP 3.18% of their portfolio RADNOR, PA 1,333,9591.3m $110.0m $110.0m 3.18% Reduced -3.1k -3,149
25 Sumitomo Mitsui DS Asset Management Company, Ltd 0.79% of their portfolio TOKYO, M0 1,187,4121.2m $97.9m $97.9m 0.79% Reduced -50.3k -50,323
26 FACTORY MUTUAL INSURANCE CO 1.04% of their portfolio WALTHAM, MA 1,117,5551.1m $92.1m $92.1m 1.04% Reduced -611.8k -611,845
27 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,095,4611.1m $90.3m $90.3m 0.02% Added +8.0k +8,048
28 Stairway Partners, LLC 4.42% of their portfolio MINNEAPOLIS, MN 1,035,5841.0m $85.4m $85.4m 4.42% Added +2.5k +2,460
29 Garde Capital, Inc. 4.97% of their portfolio SEATTLE, WA 1,006,9861.0m $83.0m $83.0m 4.97% Added +12.9k +12,857
30 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 992,063992.1k $81.8m $81.8m 0.02% Added +107.5k +107,478
31 GenTrust, LLC 3.33% of their portfolio MIAMI, FL 945,101945.1k $77.9m $77.9m 3.33% Added +61.2k +61,240
32 STIFEL FINANCIAL CORP 0.07% of their portfolio ST. LOUIS, MO 917,125917.1k $75.6m $75.6m 0.07% Added +29.4k +29,366
33 FIFTH THIRD BANCORP 0.13% of their portfolio CINCINNATI, OH 864,989865.0k $71.3m $71.3m 0.13% Added +860.0k +860,044
34 Impact Partnership Wealth, LLC 8.40% of their portfolio MARIETTA, GA 825,448825.4k $68.0m $68.0m 8.40% Added +329.1k +329,055
35 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 804,557804.6k $66.3m $66.3m 0.04% Added +31.7k +31,724
36 ANGELES WEALTH MANAGEMENT, LLC 3.50% of their portfolio SANTA MONICA, CA 780,382780.4k $64.3m $64.3m 3.50% Added +43.0k +43,000
37 Smithfield Trust Co 2.78% of their portfolio PITTSBURGH, PA 776,110776.1k $63.9m $63.9m 2.78% Added +1.2k +1,210
38 Cerity Partners LLC 0.08% of their portfolio NEW YORK, NY 705,516705.5k $58.2m $58.2m 0.08% Added +22.3k +22,341
39 BESSEMER GROUP INC 0.09% of their portfolio WOODBRIDGE, NJ 703,137703.1k $58.0m $58.0m 0.09% Added +64.0k +64,001
40 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 648,752648.8k $53.5m $53.5m 0.04% Added +417.4k +417,382
41 PRESILIUM PRIVATE WEALTH, LLC 9.28% of their portfolio RADNOR, PA 638,590638.6k $52.6m $52.6m 9.28% Added +37.0k +36,962
42 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 627,170627.2k $52.4m $52.4m 0.02% Reduced -125.6k -125,569
43 Focus Partners Wealth 0.06% of their portfolio ST LOUIS, MO 625,965626.0k $51.6m $51.6m 0.06% Added +3.5k +3,534
44 Trustees of Dartmouth College 19.34% of their portfolio HANOVER, NH 590,190590.2k $48.6m $48.6m 19.34% New
45 Stephens Greth Foundation 14.98% of their portfolio DALLAS, TX 581,343581.3k $47.9m $47.9m 14.98% Added +459.1k +459,123
46 Haverford Trust Co 0.42% of their portfolio Radnor, PA 557,035557.0k $45.9m $45.9m 0.42% Reduced -28.8k -28,822
47 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 547,923547.9k $45.2m $45.2m 0.01% Reduced -452.2k -452,160
48 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 515,272515.3k $42.5m $42.5m 0.00% Reduced -246.3k -246,341
49 PEAPACK GLADSTONE FINANCIAL CORP 0.54% of their portfolio BEDMINSTER, NJ 511,276511.3k $42.1m $42.1m 0.54% Reduced -9.3k -9,252
50 Robertson Stephens Wealth Management, LLC 1.16% of their portfolio San Francisco, CA 503,948503.9k $41.5m $41.5m 1.16% New
51 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 2.13% of their portfolio SAN FRANCISCO, CA 489,139489.1k $40.3m $40.3m 2.13% Added +599 +599
52 Efficient Advisors, LLC 2.86% of their portfolio BEAVERTON, OR 488,451488.5k $40.3m $40.3m 2.86% Reduced -96.9k -96,907
53 Mirae Asset Global Investments Co., Ltd. 0.12% of their portfolio SEOUL, M5 487,396487.4k $40.2m $40.2m 0.12% Added +89.7k +89,697
54 Ballentine Partners, LLC 0.55% of their portfolio Waltham, MA 483,387483.4k $39.8m $39.8m 0.55% Added +11.5k +11,541
55 ATLAS CAPITAL ADVISORS INC. 4.43% of their portfolio JACKSON, WY 470,532470.5k $38.8m $38.8m 4.43% Added +7.4k +7,392
56 CITIGROUP INC 0.02% of their portfolio NEW YORK, NY 424,018424.0k $35.0m $35.0m 0.02% Added +84.4k +84,354
57 Tanager Wealth Management LLP 3.16% of their portfolio Goring On Thames, X0 396,087396.1k $32.6m $32.6m 3.16% Added +17.8k +17,784
58 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.22% of their portfolio Madrid, U3 380,827380.8k $30.8m $30.8m 0.22% Added +33.2k +33,227
59 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 377,245377.2k $31.9m $31.9m 0.01% Reduced -715.9k -715,862
60 Banco Santander, S.A. 0.24% of their portfolio Madrid, U3 360,376360.4k $29.7m $29.7m 0.24% Reduced -88.1k -88,108
61 NOMURA ASSET MANAGEMENT CO LTD 0.08% of their portfolio TOKYO, M0 357,500357.5k $29.5m $29.5m 0.08% Added +105.7k +105,700
62 Janney Montgomery Scott LLC 0.07% of their portfolio PHILADELPHIA, PA 328,577328.6k $27.1m $27.1m 0.07% Added +17.5k +17,495
63 Galilei Investment Office LLP 13.95% of their portfolio LONDON, X0 326,614326.6k $26.9m $26.9m 13.95% Reduced -22.3k -22,267
64 Equitable Holdings, Inc. 0.29% of their portfolio NEW YORK, NY 321,144321.1k $45.7m $45.7m 0.29% Added +17.7k +17,682
65 Allianz Asset Management GmbH 0.03% of their portfolio MUNICH, 2M 320,700320.7k $26.4m $26.4m 0.03% Reduced -49.3k -49,300
66 Rafferty Asset Management, LLC 0.10% of their portfolio New York, NY 300,180300.2k $24.7m $24.7m 0.10% Added +125.0k +125,033
67 GFS Advisors, LLC 1.51% of their portfolio HOUSTON, TX 290,109290.1k $23.8m $23.8m 1.51% Added +136.2k +136,238
68 Karpus Management, Inc. 0.74% of their portfolio Pittsford, NY 288,827288.8k $23.8m $23.8m 0.74% Added +13.4k +13,427
69 COURIER CAPITAL LLC 1.32% of their portfolio BUFFALO, NY 286,011286.0k $23.6m $23.6m 1.32% Added +38.7k +38,722
70 Allspring Global Investments Holdings, LLC 0.04% of their portfolio CHARLOTTE, NC 285,884285.9k $23.6m $23.6m 0.04% Reduced -89.4k -89,414
71 BTG Pactual Asset Management US LLC 2.28% of their portfolio NEW YORK, NY 284,666284.7k $23.5m $23.5m 2.28% Reduced -18.6k -18,583
72 COOPER/HAIMS ADVISORS, LLC 10.99% of their portfolio VICTOR, NY 283,390283.4k $23.4m $23.4m 10.99% Added +2.5k +2,466
73 FPC INVESTMENT ADVISORY, INC. 12.13% of their portfolio PETALUMA, CA 279,524279.5k $24.3m $24.3m 12.13% Added +26.3k +26,309
74 WealthBridge Investment Counsel Inc. 6.93% of their portfolio CALGARY, A0 275,542275.5k $22.7m $22.7m 6.93% Added +8.2k +8,241
75 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 271,197271.2k $22.4m $22.4m 0.01% Reduced -268.7k -268,717
76 AlTi Global, Inc. 0.48% of their portfolio NEW YORK, NY 265,864265.9k $21.9m $21.9m 0.48% Added +21.9k +21,926
77 SCOTIA CAPITAL INC. 0.09% of their portfolio TORONTO, A6 265,187265.2k $21.9m $21.9m 0.09% Added +10.4k +10,361
78 ANDERSON HOAGLAND & CO 1.81% of their portfolio ST LOUIS, MO 255,116255.1k $21.0m $21.0m 1.81% Added +20.9k +20,903
79 Obsido Oy 12.67% of their portfolio TAMPERE, H9 254,217254.2k $21.0m $21.0m 12.67% Reduced -877 -877
80 Stelac Advisory Services LLC 4.09% of their portfolio NEW YORK, NY 245,370245.4k $20.2m $20.2m 4.09% Added +63.8k +63,849
81 Journey Advisory Group, LLC 1.71% of their portfolio COVINGTON, KY 242,475242.5k $20.0m $20.0m 1.71% Added +5.7k +5,663
82 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 242,390242.4k $20.0m $20.0m 0.03% Reduced -62.8k -62,763
83 BFI Infinity Ltd. 10.75% of their portfolio ZURICH, V8 232,460232.5k $19.2m $19.2m 10.75% Added +1.9k +1,907
84 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 230,933230.9k $15.5m $15.5m 0.02% Reduced -145.8k -145,790
85 AGF MANAGEMENT LTD 0.08% of their portfolio TORONTO, A6 227,762227.8k $18.8m $18.8m 0.08% Reduced -8.7k -8,725
86 Mariner, LLC 0.02% of their portfolio Overland Park, KS 225,114225.1k $18.6m $18.6m 0.02% Added +55.5k +55,532
87 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 224,119224.1k $18.5m $18.5m 0.01% Reduced -529.7k -529,707
88 Permian Investment Partners, LP 1.94% of their portfolio DALLAS, TX 213,000213.0k $17.6m $17.6m 1.94% New
89 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 203,996204.0k $16.8m $16.8m 0.02% Added +19.8k +19,798
90 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 203,416203.4k $16.8m $16.8m 0.00% Added +38.4k +38,384
91 TD Waterhouse Canada Inc. 0.05% of their portfolio TORONTO, A6 201,482201.5k $16.8m $16.8m 0.05% Added +43.6k +43,626
92 MRA Advisory Group 6.49% of their portfolio PARSIPPANY, NJ 192,789192.8k $15.9m $15.9m 6.49% Added +3.1k +3,078
93 Hirtle & Co., LLC 0.54% of their portfolio WEST CONSHOHOCKEN, PA 191,311191.3k $15.8m $15.8m 0.54% Added +77.9k +77,884
94 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 191,044191.0k $15.7m $15.7m 0.00% Added +131.9k +131,918
95 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 190,632190.6k $15.7m $15.7m 0.02% Added +4.5k +4,468
96 Zeit Capital LLC 10.50% of their portfolio GREENWOOD VILLAGE, CO 190,260190.3k $15.7m $15.7m 10.50% Reduced -11.9k -11,874
97 NISA INVESTMENT ADVISORS, LLC 0.06% of their portfolio ST. LOUIS, MO 190,000190.0k $15.7m $15.7m 0.06% Unchanged
98 Walkner Condon Financial Advisors LLC 2.06% of their portfolio MADISON, WI 189,517189.5k $15.6m $15.6m 2.06% Added +6.1k +6,055
99 Greenline Partners, LLC 1.67% of their portfolio NEW YORK, NY 188,215188.2k $15.5m $15.5m 1.67% Reduced -3.8k -3,764
100 CASTLEKEEP INVESTMENT ADVISORS LLC 8.37% of their portfolio WESTPORT, CT 187,282187.3k $15.4m $15.4m 8.37% Added +5.3k +5,310