Vault-13

VANGUARD WORLD FD VDE

ENERGY ETF · ETP · CUSIP 92204A306

697 institutional holders +2 vs Q4 2024
20,053,76720.1m shares reported held*
$2.6bnreported value*
63 new 245 added 246 reduced 54 sold out net sold ≈ $265.7m (-2.0m 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 ($2.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $129.60. Options: 5 managers hold calls ($11.2m notional), 4 hold puts ($4.4m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 520Q4 22: 599Q1 23: 566Q2 23: 569Q3 23: 606Q4 23: 627Q1 24: 629Q2 24: 626Q3 24: 625Q4 24: 695Q1 25: 697697Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022520
Q4 2022599
Q1 2023566
Q2 2023569
Q3 2023606
Q4 2023627
Q1 2024629
Q2 2024626
Q3 2024625
Q4 2024695
Q1 2025697

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 206 bought or addedQ2 23: 233 cut or sold outQ3 23: 289 bought or addedQ3 23: 200 cut or sold outQ3 23Q4 23: 259 bought or addedQ4 23: 267 cut or sold outQ1 24: 290 bought or addedQ1 24: 258 cut or sold outQ1 24Q2 24: 243 bought or addedQ2 24: 268 cut or sold outQ3 24: 281 bought or addedQ3 24: 259 cut or sold outQ3 24Q4 24: 332 bought or addedQ4 24: 236 cut or sold outQ1 25: 308 bought or addedQ1 25: 300 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023206233
Q3 2023289200
Q4 2023259267
Q1 2024290258
Q2 2024243268
Q3 2024281259
Q4 2024332236
Q1 2025308300

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ2 24 calls: $18.4mQ2 24 puts: $1.3mQ2 24P/C 0.07Q3 24 calls: $12.3mQ3 24 puts: $2.3mQ3 24P/C 0.19Q4 24 calls: $17.2mQ4 24 puts: $2.8mQ4 24P/C 0.16Q1 25 calls: $11.2mQ1 25 puts: $4.4mQ1 25P/C 0.40
Numbers
QuarterCallsPutsP/C
Q2 2024$18.4m$1.3m0.07
Q3 2024$12.3m$2.3m0.19
Q4 2024$17.2m$2.8m0.16
Q1 2025$11.2m$4.4m0.40

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC Added +73,744+73.7k
CW Advisors, LLC Added +63,723+63.7k
CAMBRIDGE ASSOCIATES LLC /MA/ /ADV Added +63,507+63.5k
OSAIC HOLDINGS, INC. Added +40,924+40.9k
Orion Portfolio Solutions, LLC Added +32,540+32.5k
Geneos Wealth Management Inc. Added +28,501+28.5k
Empower Advisory Group, LLC Added +28,219+28.2k
GWN SECURITIES INC. New +28,014+28.0k
LRI Investments, LLC Added +26,328+26.3k
WIN ADVISORS, INC New +23,332+23.3k

Biggest sellers

Beacon Capital Management, Inc. Reduced -836,544-836.5k
BANK OF AMERICA CORP /DE/ Reduced -351,791-351.8k
Quadrature Capital Ltd Reduced -186,342-186.3k
UBS Group AG Reduced -163,474-163.5k
Parcion Private Wealth LLC Sold out -124,480-124.5k
Intellus Advisors LLC Sold out -105,619-105.6k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -73,401-73.4k
Wealthfront Advisers LLC Reduced -68,510-68.5k
AMERIPRISE FINANCIAL INC Reduced -56,009-56.0k
TUDOR INVESTMENT CORP ET AL Reduced -54,751-54.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.0m46.3k shares
CITADEL ADVISORS LLC Reduced $2.5m19.6k shares
Cubist Systematic Strategies, LLC Added $1.9m14.5k shares
JANE STREET GROUP, LLC Reduced $804.2k6.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

Cubist Systematic Strategies, LLC Added $1.8m13.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.3m10.3k shares
CITADEL ADVISORS LLC Added $1.2m9.2k shares
Quaker Wealth Management, LLC First filing $116.7k900 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 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,155,3322.2m $279.6m $279.6m 0.02% Reduced -351.8k -351,791
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 1,642,2651.6m $213.0m $213.0m 0.02% Reduced -35.8k -35,780
3 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,201,7631.2m $155.9m $155.9m 0.03% Reduced -163.5k -163,474
4 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 1,177,6951.2m $152.8m $152.8m 0.04% Reduced -3.2k -3,179
5 Wealthfront Advisers LLC 0.32% of their portfolio Palo Alto, CA 908,019908.0k $117.8m $117.8m 0.32% Reduced -68.5k -68,510
6 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.10% of their portfolio Toronto, A6 789,693789.7k $102.4m $102.4m 0.10% Reduced -73.4k -73,401
7 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 617,960618.0k $80.2m $80.2m 0.03% Added +6.4k +6,449
8 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 553,439553.4k $71.8m $71.8m 0.02% Added +73.7k +73,744
9 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 409,109409.1k $53.1m $53.1m 0.01% Added +4.8k +4,839
10 PGIM Custom Harvest LLC 1.20% of their portfolio NEWARK, NJ 386,629386.6k $50.1m $50.1m 1.20% Added +16.7k +16,693
11 SCS Capital Management LLC 0.55% of their portfolio BOSTON, MA 335,025335.0k $43.5m $43.5m 0.55% Reduced -6.0k -5,994
12 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 317,021317.0k $41.1m $41.1m 0.04% Added +4.4k +4,396
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 302,213302.2k $39.2m $39.2m 0.03% Added +2.4k +2,364
14 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 258,098258.1k $33.5m $33.5m 0.06% Added +14.9k +14,908
15 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 249,976250.0k $32.4m $32.4m 0.01% Reduced -13.3k -13,277
16 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 227,483227.5k $29.5m $29.5m 0.07% Added +40.9k +40,924
17 Empower Advisory Group, LLC 0.10% of their portfolio Greenwood Village, CO 226,060226.1k $29.3m $29.3m 0.10% Added +28.2k +28,219
18 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 219,815219.8k $28.5m $28.5m 0.04% Added +14.6k +14,630
19 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 0.62% of their portfolio BOSTON, MA 167,408167.4k $21.7m $21.7m 0.62% Added +63.5k +63,507
20 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 160,923160.9k $20.9m $20.9m 0.03% Reduced -6.2k -6,187
21 GREENWOOD GEARHART LLC 1.33% of their portfolio FAYETTEVILLE, AR 148,496148.5k $19.3m $19.3m 1.33% Added +14.2k +14,156
22 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 147,993148.0k $19.2m $19.2m 0.01% Reduced -56.0k -56,009
23 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 145,443145.4k $18.9m $18.9m 0.03% Added +6.9k +6,879
24 EVERGREEN CAPITAL MANAGEMENT LLC 0.61% of their portfolio Bellevue, WA 139,602139.6k $18.1m $18.1m 0.61% Added +3.4k +3,390
25 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 136,159136.2k $17.7m $17.7m 0.04% Added +10.2k +10,242
26 Zuckerman Investment Group, LLC 1.62% of their portfolio CHICAGO, IL 116,561116.6k $15.1m $15.1m 1.62% Reduced -6.0k -5,986
27 CMH Wealth Management LLC 3.78% of their portfolio PORTSMOUTH, NH 116,407116.4k $15.1m $15.1m 3.78% Added +452 +452
28 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 115,569115.6k $15.0m $15.0m 0.00% Reduced -5.9k -5,866
29 TrueWealth Financial Partners 8.98% of their portfolio BELLEVUE, WA 114,589114.6k $14.9m $14.9m 8.98% Reduced -6.0k -6,010
30 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 113,789113.8k $14.8m $14.8m 0.05% Added +8.7k +8,659
31 Estate Counselors, LLC 1.52% of their portfolio Thiensville, WI 113,345113.3k $14.7m $14.7m 1.52% Added +465 +465
32 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 102,378102.4k $13.3m $13.3m 0.01% Reduced -6.1k -6,105
33 Greenline Partners, LLC 1.88% of their portfolio NEW YORK, NY 100,203100.2k $13.0m $13.0m 1.88% Added +1.2k +1,170
34 ALLEN WEALTH MANAGEMENT, LLC 8.30% of their portfolio Boone, NC 92,98593.0k $12.1m $12.1m 8.30% Added +3.2k +3,238
35 SWAN Capital LLC 5.42% of their portfolio PENSACOLA, FL 90,42290.4k $11.7m $11.7m 5.42% Reduced -17.0k -17,003
36 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 86,90286.9k $11.3m $11.3m 0.03% Added +644 +644
37 D.A. DAVIDSON & CO. 0.09% of their portfolio GREAT FALLS, MT 84,44884.4k $11.0m $11.0m 0.09% Reduced -15.6k -15,571
38 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 83,39383.4k $10.8m $10.8m 0.03% Reduced -9.6k -9,606
39 BFSG, LLC 1.31% of their portfolio IRVINE, CA 82,73582.7k $10.7m $10.7m 1.31% Reduced -4.3k -4,294
40 M&T Bank Corp 0.04% of their portfolio BUFFALO, NY 77,88877.9k $10.1m $10.1m 0.04% Reduced -3.2k -3,237
41 CW Advisors, LLC 0.11% of their portfolio BOSTON, MA 72,06172.1k $9.4m $9.4m 0.11% Added +63.7k +63,723
42 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 67,59067.6k $8.8m $8.8m 0.01% Reduced -693 -693
43 Roundview Capital LLC 0.61% of their portfolio PRINCETON, NJ 65,15465.2k $8.5m $8.5m 0.61% Reduced -487 -487
44 Orion Portfolio Solutions, LLC 0.04% of their portfolio Omaha, NE 59,46759.5k $7.5m $7.5m 0.04% Added +32.5k +32,540
45 KCM INVESTMENT ADVISORS LLC 0.27% of their portfolio GREENBRAE, CA 58,87158.9k $7.6m $7.6m 0.27% Reduced -3.3k -3,308
46 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 58,28158.3k $7.6m $7.6m 0.01% Reduced -984 -984
47 Evelyn Partners Asset Management Ltd 2.10% of their portfolio London, X0 58,22358.2k $7.6m $7.6m 2.10% Added +1.4k +1,366
48 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 55,59055.6k $7.2m $7.2m 0.01% Added +19.2k +19,161
49 Geneos Wealth Management Inc. 0.10% of their portfolio ENGLEWOOD, CO 55,50655.5k $7.2m $7.2m 0.10% Added +28.5k +28,501
50 Evolution Wealth Advisors, LLC 1.20% of their portfolio AVENTURA, FL 55,43055.4k $7.2m $7.2m 1.20% Reduced -1.1k -1,090
51 Atria Wealth Solutions, Inc. 0.09% of their portfolio NEW YORK, NY 54,77654.8k $7.1m $7.1m 0.09% Reduced -12.4k -12,371
52 Sanctuary Advisors, LLC 0.05% of their portfolio INDIANAPOLIS, IN 53,58253.6k $7.0m $7.0m 0.05% Reduced -10.8k -10,781
53 AVANTAX ADVISORY SERVICES, INC. 0.04% of their portfolio DALLAS, TX 52,82652.8k $6.9m $6.9m 0.04% Reduced -1.2k -1,191
54 Ameritas Advisory Services, LLC 0.27% of their portfolio Lincoln, NE 51,88651.9k $6.7m $6.7m 0.27% Reduced -4.1k -4,110
55 McKinley Carter Wealth Services, Inc. 0.41% of their portfolio WHEELING, WV 51,07351.1k $6.6m $6.6m 0.41% Added +735 +735
56 Elgethun Capital Management 1.45% of their portfolio SIOUX FALLS, SD 50,16550.2k $6.5m $6.5m 1.45% Added +1.9k +1,892
57 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 49,74249.7k $6.5m $6.5m 0.02% Added +358 +358
58 GoalFusion Wealth Management, LLC 3.51% of their portfolio AUSTIN, TX 49,45449.5k $6.4m $6.4m 3.51% Reduced -1.4k -1,426
59 Pathstone Holdings, LLC 0.03% of their portfolio ENGLEWOOD, NJ 49,24849.2k $6.4m $6.4m 0.03% Added +551 +551
60 Accel Wealth Management 2.26% of their portfolio WAVERLY, IA 48,10148.1k $6.2m $6.2m 2.26% Added +474 +474
61 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 44,26044.3k $5.7m $5.7m 0.00% Reduced -3.3k -3,251
62 Beacon Capital Management, Inc. 0.25% of their portfolio DAYTON, OH 43,56843.6k $5.1m $5.1m 0.25% Reduced -836.5k -836,544
63 Alaska Permanent Fund Corp 0.07% of their portfolio JUNEAU, AK 43,00043.0k $4.8m $4.8m 0.07% Unchanged
64 FIFTH THIRD BANCORP 0.02% of their portfolio CINCINNATI, OH 41,28541.3k $5.4m $5.4m 0.02% Reduced -4.8k -4,829
65 Strengthening Families & Communities, LLC 3.21% of their portfolio BOSTON, MA 40,48240.5k $5.2m $5.2m 3.21% Added +2.6k +2,592
66 Shilanski & Associates, Inc. 1.63% of their portfolio ANCHORAGE, AK 40,20840.2k $5.2m $5.2m 1.63% Added +2.8k +2,827
67 Praetorian Wealth Management, Inc. 1.15% of their portfolio CARMEL, CA 36,51036.5k $4.7m $4.7m 1.15% Added +2.4k +2,372
68 Kera Capital Partners, Inc. 1.38% of their portfolio SACRAMENTO, CA 35,78835.8k $4.6m $4.6m 1.38% Added +1.6k +1,556
69 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 35,76135.8k $4.6m $4.6m 0.02% Reduced -5.3k -5,312
70 SYON CAPITAL LLC 0.37% of their portfolio SAN FRANCISCO, CA 35,32235.3k $4.6m $4.6m 0.37% Reduced -14.6k -14,624
71 Foundations Investment Advisors, LLC 0.08% of their portfolio PHOENIX, AZ 34,67534.7k $4.5m $4.5m 0.08% Added +463 +463
72 Lido Advisors, LLC 0.03% of their portfolio Los Angeles, CA 34,67234.7k $4.5m $4.5m 0.03% Reduced -2.9k -2,897
73 Keudell/Morrison Wealth Management 1.05% of their portfolio Salem, OR 34,41834.4k $4.5m $4.5m 1.05% Reduced -465 -465
74 MONTAG A & ASSOCIATES INC 0.22% of their portfolio ATLANTA, GA 34,35034.4k $4.5m $4.5m 0.22% Reduced -1.5k -1,496
75 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 34,04634.0k $4.4m $4.4m 0.01% Reduced -469 -469
76 Delta Financial Group, Inc. 0.98% of their portfolio BASKING RIDGE, NJ 33,15033.1k $4.3m $4.3m 0.98% Added +3.9k +3,885
77 TUDOR INVESTMENT CORP ET AL 0.04% of their portfolio STAMFORD, CT 33,04733.0k $4.3m $4.3m 0.04% Reduced -54.8k -54,751
78 TWIN FOCUS CAPITAL PARTNERS, LLC 0.66% of their portfolio Boston, MA 32,97733.0k $4.3m $4.3m 0.66% Added +767 +767
79 Orion Porfolio Solutions, LLC 0.04% of their portfolio OMAHA, NE 32,54032.5k $4.2m $4.2m 0.04% Added +5.6k +5,613
80 Parallel Advisors, LLC 0.10% of their portfolio SAN FRANCISCO, CA 32,41632.4k $4.2m $4.2m 0.10% Reduced -705 -705
81 Axiom Financial Strategies, LLC 2.45% of their portfolio NEW ALBANY, IN 31,92031.9k $4.1m $4.1m 2.45% Reduced -1.4k -1,392
82 Atria Investments, Inc 0.05% of their portfolio Charlotte, NC 31,89631.9k $4.1m $4.1m 0.05% Added +2.7k +2,745
83 HOLLENCREST CAPITAL MANAGEMENT 0.18% of their portfolio NEWPORT BEACH, CA 31,76631.8k $4.1m $4.1m 0.18% Added +135 +135
84 Anchor Investment Management, LLC 0.38% of their portfolio COLUMBIA, SC 31,24731.2k $4.1m $4.1m 0.38% Added +644 +644
85 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 31,01331.0k $4.0m $4.0m 0.02% Added +2.0k +1,954
86 Richmond Brothers, Inc. 2.53% of their portfolio JACKSON, MI 30,80630.8k $4.0m $4.0m 2.53% Added +1.6k +1,574
87 NATIXIS ADVISORS, LLC 0.01% of their portfolio Boston, MA 30,60230.6k $4.0m $4.0m 0.01% Added +6.5k +6,487
88 CENTAURUS FINANCIAL, INC. 0.24% of their portfolio ANAHEIM, CA 30,44630.4k $3.9m $3.9m 0.24% Added +442 +442
89 Family Firm, Inc. 0.83% of their portfolio BETHESDA, MD 28,76528.8k $3.7m $3.7m 0.83% Reduced -276 -276
90 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 28,61528.6k $3.7m $3.7m 0.02% Reduced -2.1k -2,065
91 Callan Capital, LLC 0.27% of their portfolio LA JOLLA, CA 28,08028.1k $3.6m $3.6m 0.27% Reduced -715 -715
92 GWN SECURITIES INC. 0.19% of their portfolio Palm Beach Gardens, FL 28,01428.0k $3.4m $3.4m 0.19% New
93 Full Sail Capital, LLC 0.23% of their portfolio OKLAHOMA CITY, OK 27,97028.0k $3.6m $3.6m 0.23% Reduced -140 -140
94 Boxwood Ventures, Inc. 5.13% of their portfolio CHICAGO, IL 27,72027.7k $3.6m $3.6m 5.13% Unchanged
95 Chevy Chase Trust Holdings, LLC 0.01% of their portfolio BETHESDA, MD 27,71927.7k $3.6m $3.6m 0.01% Reduced -2.3k -2,268
96 Quantinno Capital Management LP 0.02% of their portfolio NEW YORK, NY 27,24827.2k $3.5m $3.5m 0.02% Added +13.8k +13,777
97 BLAIR WILLIAM & CO/IL 0.01% of their portfolio CHICAGO, IL 27,18427.2k $3.5m $3.5m 0.01% Reduced -210 -210
98 LRI Investments, LLC 0.34% of their portfolio PALM BEACH GARDENS, FL 26,77026.8k $3.5m $3.5m 0.34% Added +26.3k +26,328
99 Mariner, LLC 0.01% of their portfolio Overland Park, KS 26,75626.8k $3.5m $3.5m 0.01% Added +1.3k +1,314
100 MassMutual Private Wealth & Trust, FSB 0.10% of their portfolio Windsor, CT 26,68726.7k $3.5m $3.5m 0.10% Added +1.1k +1,071