Vault-13

VANGUARD WORLD FD VHT

HEALTH CAR ETF · ETP · CUSIP 92204A504

1,093 institutional holders -43 vs Q4 2025
21,141,03021.1m shares reported held*
$5.8bnreported value*
57 new 367 added 376 reduced 103 sold out net sold ≈ $196.6m (-795.6k 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 ($17.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $272.18. Options: 5 managers hold calls ($24.4m notional), 4 hold puts ($11.5m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 845Q4 22: 942Q1 23: 905Q2 23: 927Q3 23: 933Q4 23: 968Q1 24: 992Q2 24: 1,000Q3 24: 1,033Q4 24: 1,060Q1 25: 1,061Q2 25: 1,020Q3 25: 1,016Q4 25: 1,136Q1 26: 1,0931,093Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022845
Q4 2022942
Q1 2023905
Q2 2023927
Q3 2023933
Q4 2023968
Q1 2024992
Q2 20241,000
Q3 20241,033
Q4 20241,060
Q1 20251,061
Q2 20251,020
Q3 20251,016
Q4 20251,136
Q1 20261,093

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q2 24: 337 bought or addedQ2 24: 404 cut or sold outQ3 24: 385 bought or addedQ3 24: 403 cut or sold outQ3 24Q4 24: 377 bought or addedQ4 24: 472 cut or sold outQ1 25: 433 bought or addedQ1 25: 437 cut or sold outQ1 25Q2 25: 354 bought or addedQ2 25: 491 cut or sold outQ3 25: 345 bought or addedQ3 25: 489 cut or sold outQ3 25Q4 25: 496 bought or addedQ4 25: 358 cut or sold outQ1 26: 424 bought or addedQ1 26: 479 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024337404
Q3 2024385403
Q4 2024377472
Q1 2025433437
Q2 2025354491
Q3 2025345489
Q4 2025496358
Q1 2026424479

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ2 25 calls: $17.7mQ2 25 puts: $3.5mQ2 25P/C 0.20Q3 25 calls: $36.8mQ3 25 puts: $7.8mQ3 25P/C 0.21Q4 25 calls: $32.0mQ4 25 puts: $6.4mQ4 25P/C 0.20Q1 26 calls: $24.4mQ1 26 puts: $11.5mQ1 26P/C 0.47
Numbers
QuarterCallsPutsP/C
Q2 2025$17.7m$3.5m0.20
Q3 2025$36.8m$7.8m0.21
Q4 2025$32.0m$6.4m0.20
Q1 2026$24.4m$11.5m0.47

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +103,206+103.2k
NATIONAL BANK OF CANADA /FI/ Added +89,350+89.3k
TrueWealth Financial Partners New +36,638+36.6k
Polianta Ltd New +34,200+34.2k
Integrated Wealth Concepts LLC Added +33,263+33.3k
Empower Advisory Group, LLC Added +31,015+31.0k
FIFTH THIRD BANCORP Added +23,227+23.2k
Independent Advisor Alliance New +19,772+19.8k
AMERIPRISE FINANCIAL INC Added +17,427+17.4k
Kestra Advisory Services, LLC Added +16,752+16.8k

Biggest sellers

PGIM Custom Harvest LLC Reduced -354,989-355.0k
UBS Group AG Reduced -186,124-186.1k
ROYAL BANK OF CANADA Reduced -75,766-75.8k
Cambridge Investment Research Advisors, Inc. Reduced -57,951-58.0k
Align Financial, LLC Reduced -44,187-44.2k
Corient Private Wealth LP Reduced -43,760-43.8k
MORGAN STANLEY Reduced -41,772-41.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -40,393-40.4k
WELLS FARGO & COMPANY/MN Reduced -37,629-37.6k
MARSHALL WACE, LLP Sold out -31,508-31.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $10.8m39.7k shares
SIMPLEX TRADING, LLC Reduced $5.9m12.1k shares
JANE STREET GROUP, LLC Added $3.4m12.5k shares
CITADEL ADVISORS LLC Added $3.0m11.1k shares
Point72 Asset Management, L.P. Reduced $1.3m4.7k shares

Biggest puts

CITADEL ADVISORS LLC Added $8.8m32.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.5m5.5k shares
JANE STREET GROUP, LLC Added $844.2k3.1k shares
Point72 Asset Management, L.P. Added $408.5k1.5k 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 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 1,712,6961.7m $466.4m $466.4m 0.03% Added +103.2k +103,206
2 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 1,573,2811.6m $428.5m $428.5m 0.03% Reduced -41.8k -41,772
3 UBS Group AG 0.06% of their portfolio ZURICH, V8 1,202,8411.2m $327.6m $327.6m 0.06% Reduced -186.1k -186,124
4 PGIM Custom Harvest LLC 3.76% of their portfolio NEWARK, NJ 883,217883.2k $240.5m $240.5m 3.76% Reduced -355.0k -354,989
5 Clal Insurance Enterprises Holdings Ltd 1.44% of their portfolio Tel-aviv, L3 873,000873.0k $237.7m $237.7m 1.44% Unchanged
6 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 793,109793.1k $216.0m $216.0m 0.06% Reduced -13.2k -13,177
7 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 764,772764.8k $208.3m $208.3m 0.04% Reduced -37.6k -37,629
8 EVERETT HARRIS & CO /CA/ 2.55% of their portfolio LOS ANGELES, CA 726,205726.2k $197.8m $197.8m 2.55% Reduced -6.1k -6,073
9 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 459,701459.7k $125.2m $125.2m 0.03% Added +8.2k +8,237
10 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 411,076411.1k $112.0m $112.0m 0.02% Reduced -75.8k -75,766
11 RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio ST. PETERSBURG, FL 384,112384.1k $104.6m $104.6m 0.03% Reduced -4.0k -3,999
12 Cetera Investment Advisers 0.11% of their portfolio SCHAUMBURG, IL 379,333379.3k $103.3m $103.3m 0.11% Reduced -10.8k -10,797
13 Beacon Capital Management, Inc. 5.40% of their portfolio DAYTON, OH 352,404352.4k $96.0m $96.0m 5.40% Reduced -27.0k -26,998
14 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 347,137347.1k $94.5m $94.5m 0.02% Added +17.4k +17,427
15 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 255,829255.8k $69.7m $69.7m 0.10% Reduced -4.9k -4,877
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 253,661253.7k $69.1m $69.1m 0.04% Reduced -40.4k -40,393
17 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 218,631218.6k $58.2m $58.2m 0.00% Added +269 +269
18 STIFEL FINANCIAL CORP 0.05% of their portfolio ST. LOUIS, MO 209,756209.8k $57.1m $57.1m 0.05% Added +1.1k +1,092
19 Steward Partners Investment Advisory, LLC 0.29% of their portfolio STAMFORD, CT 207,505207.5k $56.5m $56.5m 0.29% Added +5.6k +5,623
20 COMMONWEALTH EQUITY SERVICES, LLC 0.08% of their portfolio WALTHAM, MA 199,085199.1k $54.2m $54.2m 0.08% Reduced -7.1k -7,063
21 MAI Capital Management 0.29% of their portfolio INDEPENDENCE, OH 185,985186.0k $50.6m $50.6m 0.29% Added +7.1k +7,051
22 INVICTUS PRIVATE WEALTH, LLC 2.98% of their portfolio Denver, CO 177,171177.2k $48.2m $48.2m 2.98% Added +4.3k +4,333
23 Allied Investment Advisors, LLC 6.70% of their portfolio BILLINGS, MT 171,706171.7k $46.8m $46.8m 6.70% Added +4.4k +4,426
24 PNC Financial Services Group, Inc. 0.02% of their portfolio Pittsburgh, PA 141,121141.1k $38.4m $38.4m 0.02% Reduced -193 -193
25 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 140,010140.0k $38.1m $38.1m 0.04% Added +3.3k +3,333
26 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 136,583136.6k $37.2m $37.2m 0.10% Reduced -58.0k -57,951
27 Janney Montgomery Scott LLC 0.09% of their portfolio PHILADELPHIA, PA 134,615134.6k $36.7m $36.7m 0.09% Reduced -22.1k -22,143
28 Lido Advisors, LLC 0.14% of their portfolio Los Angeles, CA 126,729126.7k $34.5m $34.5m 0.14% Added +10.1k +10,069
29 ARMSTRONG ADVISORY GROUP, INC 2.13% of their portfolio NEEDHAM, MA 116,863116.9k $31.8m $31.8m 2.13% Reduced -7.5k -7,512
30 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 107,069107.1k $29.2m $29.2m 0.04% Added +10.5k +10,491
31 AGF MANAGEMENT LTD 0.13% of their portfolio TORONTO, A6 106,940106.9k $29.1m $29.1m 0.13% Reduced -2.0k -2,047
32 MML INVESTORS SERVICES, LLC 0.08% of their portfolio SPRINGFIELD, MA 106,361106.4k $29.0m $29.0m 0.08% Reduced -14.6k -14,597
33 NATIONAL BANK OF CANADA /FI/ 0.03% of their portfolio MONTREAL, A8 105,945105.9k $28.9m $28.9m 0.03% Added +89.3k +89,350
34 MERCER GLOBAL ADVISORS INC /ADV 0.04% of their portfolio DENVER, CO 100,426100.4k $27.3m $27.3m 0.04% Reduced -9.6k -9,611
35 PEAPACK GLADSTONE FINANCIAL CORP 0.35% of their portfolio BEDMINSTER, NJ 99,93399.9k $27.2m $27.2m 0.35% Added +254 +254
36 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 97,97198.0k $26.7m $26.7m 0.05% Reduced -241 -241
37 POTOMAC FUND MANAGEMENT INC /ADV 0.86% of their portfolio BETHESDA, MD 91,10091.1k $24.8m $24.8m 0.86% Added +11.3k +11,301
38 Capital Advantage, Inc. 3.17% of their portfolio Walnut Creek, CA 89,06389.1k $24.3m $24.3m 3.17% Added +1.1k +1,081
39 Ameritas Advisory Services, LLC 0.94% of their portfolio Lincoln, NE 88,63788.6k $24.1m $24.1m 0.94% Reduced -4.7k -4,720
40 FIRST MANHATTAN CO. LLC. 0.07% of their portfolio NEW YORK, NY 87,53287.5k $23.8m $23.8m 0.07% Reduced -587 -587
41 Wheelhouse Advisory Group LLC 7.69% of their portfolio ST. LOUIS, MO 85,25085.2k $23.2m $23.2m 7.69% Added +1.8k +1,803
42 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 83,24483.2k $22.7m $22.7m 0.02% Added +3.3k +3,274
43 CAPTRUST FINANCIAL ADVISORS 0.04% of their portfolio RALEIGH, NC 83,19983.2k $22.7m $22.7m 0.04% Added +1.8k +1,817
44 M&T Bank Corp 0.08% of their portfolio BUFFALO, NY 83,19783.2k $22.7m $22.7m 0.08% Reduced -12.8k -12,840
45 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 81,87281.9k $21.7m $21.7m 0.01% Added +9.8k +9,755
46 Cerity Partners LLC 0.03% of their portfolio NEW YORK, NY 80,98181.0k $22.1m $22.1m 0.03% Added +10.3k +10,266
47 Mariner, LLC 0.02% of their portfolio Overland Park, KS 76,27876.3k $20.8m $20.8m 0.02% Reduced -1.3k -1,317
48 Stratos Wealth Partners, LTD. 0.20% of their portfolio BEACHWOOD, OH 64,36464.4k $17.5m $17.5m 0.20% Reduced -1.3k -1,275
49 CHAI TRUST CO LLC 1.48% of their portfolio CHICAGO, IL 64,07964.1k $17.5m $17.5m 1.48% Unchanged
50 Main Management LLC 1.22% of their portfolio SAN FRANCISCO, CA 61,72761.7k $16.8m $16.8m 1.22% Reduced -4.9k -4,923
51 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 59,60859.6k $16.2m $16.2m 0.00% Added +9.6k +9,618
52 Kestra Advisory Services, LLC 0.06% of their portfolio AUSTIN, TX 59,08059.1k $16.1m $16.1m 0.06% Added +16.8k +16,752
53 WBH ADVISORY INC 1.21% of their portfolio BALTIMORE, MD 58,72458.7k $16.1m $16.1m 1.21% Reduced -3.5k -3,452
54 PRINCIPAL SECURITIES, INC. 0.23% of their portfolio DES MOINES, IA 57,68257.7k $15.7m $15.7m 0.23% Added +1.5k +1,481
55 Lakeshore Financial Planning, Inc. 5.59% of their portfolio St. Clair Shores, MI 56,59156.6k $15.4m $15.4m 5.59% Added +462 +462
56 Morningstar Investment Management LLC 0.95% of their portfolio CHICAGO, IL 56,51456.5k $15.4m $15.4m 0.95% Added +10.4k +10,367
57 EVERGREEN CAPITAL MANAGEMENT LLC 0.33% of their portfolio Bellevue, WA 56,42956.4k $15.4m $15.4m 0.33% Added +1.5k +1,458
58 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 55,64855.6k $15.2m $15.2m 0.02% Added +1.1k +1,065
59 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 55,11955.1k $15.0m $15.0m 0.02% Added +9.4k +9,414
60 KCM INVESTMENT ADVISORS LLC 0.48% of their portfolio GREENBRAE, CA 53,63353.6k $14.6m $14.6m 0.48% Reduced -1.8k -1,764
61 Marotta Asset Management 2.70% of their portfolio CHARLOTTESVILLE, VA 53,34653.3k $14.6m $14.6m 2.70% Reduced -5.3k -5,298
62 Cedar Mountain Advisors, LLC 2.76% of their portfolio LAKE OSWEGO, OR 51,87351.9k $14.1m $14.1m 2.76% Reduced -393 -393
63 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 51,50051.5k $14.0m $14.0m 0.01% Added +3.6k +3,610
64 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.03% of their portfolio PLYMOUTH, MN 49,63949.6k $12.1m $12.1m 0.03% Reduced -8.4k -8,408
65 Integrated Wealth Concepts LLC 0.11% of their portfolio WALTHAM, MA 48,40648.4k $13.2m $13.2m 0.11% Added +33.3k +33,263
66 FMR LLC 0.00% of their portfolio BOSTON, MA 45,98746.0k $12.5m $12.5m 0.00% Added +4.1k +4,088
67 JOHNSON INVESTMENT COUNSEL INC 0.10% of their portfolio Cincinnati, OH 45,54745.5k $12.4m $12.4m 0.10% Added +313 +313
68 Corient Private Wealth LP 0.02% of their portfolio MIAMI, FL 43,90743.9k $11.5m $11.5m 0.02% Reduced -43.8k -43,760
69 TITLEIST ASSET MANAGEMENT, LLC 0.90% of their portfolio SAN ANTONIO, TX 43,71443.7k $11.9m $11.9m 0.90% Added +522 +522
70 Adaptive Financial Consulting, LLC 4.55% of their portfolio BEACHWOOD, OH 43,66843.7k $11.9m $11.9m 4.55% Added +1.2k +1,207
71 Private Advisor Group, LLC 0.06% of their portfolio MORRISTOWN, NJ 43,43043.4k $11.8m $11.8m 0.06% Reduced -739 -739
72 FIFTH THIRD BANCORP 0.02% of their portfolio CINCINNATI, OH 43,12443.1k $11.7m $11.7m 0.02% Added +23.2k +23,227
73 Ballast, Inc. 2.53% of their portfolio Lexington, KY 40,19840.2k $10.9m $10.9m 2.53% Added +809 +809
74 MassMutual Private Wealth & Trust, FSB 0.30% of their portfolio Windsor, CT 40,11640.1k $10.9m $10.9m 0.30% Reduced -947 -947
75 AXXCESS WEALTH MANAGEMENT, LLC 0.35% of their portfolio CARLSBAD, CA 40,04040.0k $10.9m $10.9m 0.35% Added +493 +493
76 SP Asset Management LLC 0.96% of their portfolio CUPERTINO, CA 39,96940.0k $10.9m $10.9m 0.96% Added +7.1k +7,142
77 Atlas Legacy Advisors, LLC 1.99% of their portfolio LOS ANGELES, CA 39,91339.9k $10.9m $10.9m 1.99% Reduced -116 -116
78 New England Private Wealth Advisors LLC 1.19% of their portfolio WELLESLEY, MA 37,94837.9k $10.3m $10.3m 1.19% Added +244 +244
79 SOUTHERN CAPITAL SERVICES INC /ADV 6.43% of their portfolio DAPHNE, AL 36,75436.8k $10.0m $10.0m 6.43% Reduced -685 -685
80 TrueWealth Financial Partners 3.98% of their portfolio BELLEVUE, WA 36,63836.6k $10.0m $10.0m 3.98% New
81 DMKC Advisory Services, LLC 4.04% of their portfolio DES MOINES, IA 35,61335.6k $9.7m $9.7m 4.04% Added +2.8k +2,800
82 Focus Financial Network, Inc. 0.34% of their portfolio MINNEAPOLIS, MN 35,26435.3k $9.6m $9.6m 0.34% Reduced -2.5k -2,452
83 Polianta Ltd 1.24% of their portfolio ST HELIER, Y9 34,20034.2k $9.3m $9.3m 1.24% New
84 TRUST CO OF OKLAHOMA 2.67% of their portfolio TULSA, OK 33,64333.6k $9.2m $9.2m 2.67% Added +1.0k +1,025
85 PARAGON FINANCIAL PARTNERS, INC. 5.26% of their portfolio WOODLAND HILLS, CA 33,34333.3k $9.3m $9.3m 5.26% Added +3.9k +3,850
86 Royal Fund Management, LLC 0.87% of their portfolio Lady Lake, FL 33,12133.1k $9.0m $9.0m 0.87% Added +1.9k +1,935
87 Merit Financial Group, LLC 0.07% of their portfolio ALPHARETTA, GA 32,97133.0k $9.0m $9.0m 0.07% Added +2.0k +1,999
88 Empower Advisory Group, LLC 0.02% of their portfolio Greenwood Village, CO 32,69932.7k $8.9m $8.9m 0.02% Added +31.0k +31,015
89 ATLAS CAPITAL ADVISORS INC. 0.99% of their portfolio JACKSON, WY 31,83631.8k $8.7m $8.7m 0.99% Added +2.5k +2,524
90 Dakota Wealth Management 0.18% of their portfolio PALM BEACH GARDENS, FL 29,95830.0k $8.2m $8.2m 0.18% Reduced -106 -106
91 Geneva Partners, LLC 3.86% of their portfolio LAKE GENEVA, WI 29,53829.5k $8.0m $8.0m 3.86% Reduced -6.4k -6,444
92 CALTON & ASSOCIATES, INC. 1.11% of their portfolio Tampa, FL 28,48828.5k $7.8m $7.8m 1.11% Added +201 +201
93 McIlrath & Eck, LLC 0.57% of their portfolio ARLINGTON, WA 28,07628.1k $7.6m $7.6m 0.57% Added +612 +612
94 FOUNDERS GROVE WEALTH PARTNERS, LLC 1.68% of their portfolio RICHMOND, VA 27,12127.1k $7.4m $7.4m 1.68% Added +1.4k +1,412
95 Beacon Pointe Advisors, LLC 0.04% of their portfolio NEWPORT BEACH, CA 26,98627.0k $7.3m $7.3m 0.04% Reduced -2.6k -2,597
96 FINANCIAL MANAGEMENT NETWORK INC 1.14% of their portfolio MISSION VIEJO, CA 26,87326.9k $7.5m $7.5m 1.14% Reduced -523 -523
97 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 26,23126.2k $7.1m $7.1m 0.00% Added +3.9k +3,857
98 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 26,18426.2k $7.1m $7.1m 0.03% Reduced -56 -56
99 AlphaCore Capital LLC 0.17% of their portfolio LA JOLLA, CA 25,93925.9k $7.1m $7.1m 0.17% Reduced -4.0k -3,962
100 Bleakley Financial Group, LLC 0.11% of their portfolio PARSIPPANY, NJ 25,70425.7k $7.0m $7.0m 0.11% Reduced -750 -750