Vault-13

VANGUARD WORLD FD VPU

UTILITIES ETF · ETP · CUSIP 92204A876

620 institutional holders +14 vs Q1 2025
13,139,30813.1m shares reported held*
$2.3bnreported value*
53 new 229 added 175 reduced 37 sold out net bought ≈ $178.7m (+1.0m 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 ($7.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $176.59. Options: 2 managers hold calls ($7.7m notional), 2 hold puts ($1.7m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 467Q4 22: 498Q1 23: 489Q2 23: 491Q3 23: 484Q4 23: 500Q1 24: 493Q2 24: 517Q3 24: 554Q4 24: 596Q1 25: 606Q2 25: 620620Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022467
Q4 2022498
Q1 2023489
Q2 2023491
Q3 2023484
Q4 2023500
Q1 2024493
Q2 2024517
Q3 2024554
Q4 2024596
Q1 2025606
Q2 2025620

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 220 bought or addedQ3 23: 198 cut or sold outQ4 23: 200 bought or addedQ4 23: 242 cut or sold outQ4 23Q1 24: 230 bought or addedQ1 24: 201 cut or sold outQ2 24: 197 bought or addedQ2 24: 202 cut or sold outQ2 24Q3 24: 261 bought or addedQ3 24: 190 cut or sold outQ4 24: 280 bought or addedQ4 24: 187 cut or sold outQ4 24Q1 25: 281 bought or addedQ1 25: 218 cut or sold outQ2 25: 282 bought or addedQ2 25: 212 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023220198
Q4 2023200242
Q1 2024230201
Q2 2024197202
Q3 2024261190
Q4 2024280187
Q1 2025281218
Q2 2025282212

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 24 calls: $6.8mQ3 24 puts: $3.6mQ3 24P/C 0.52Q4 24 calls: $13.9mQ4 24 puts: $4.3mQ4 24P/C 0.31Q1 25 calls: $10.4mQ1 25 puts: $683.2kQ1 25P/C 0.07Q2 25 calls: $7.7mQ2 25 puts: $1.7mQ2 25P/C 0.22
Numbers
QuarterCallsPutsP/C
Q3 2024$6.8m$3.6m0.52
Q4 2024$13.9m$4.3m0.31
Q1 2025$10.4m$683.2k0.07
Q2 2025$7.7m$1.7m0.22

Biggest buyers

Beacon Capital Management, Inc. Added +472,113+472.1k
ROYAL BANK OF CANADA Added +250,654+250.7k
Rockefeller Capital Management L.P. Added +201,281+201.3k
LPL Financial LLC Added +117,437+117.4k
BNP PARIBAS FINANCIAL MARKETS Added +77,017+77.0k
BANK OF AMERICA CORP /DE/ Added +52,880+52.9k
UBS Group AG Added +38,073+38.1k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +34,674+34.7k
OSAIC HOLDINGS, INC. Added +31,815+31.8k
Tandem Wealth Advisors LLC New +28,466+28.5k

Biggest sellers

ENVESTNET ASSET MANAGEMENT INC Reduced -131,520-131.5k
TIAA TRUST, NATIONAL ASSOCIATION Reduced -86,537-86.5k
TWO SIGMA INVESTMENTS, LP Sold out -64,600-64.6k
Cetera Investment Advisers Reduced -52,172-52.2k
VESTOR CAPITAL, LLC Reduced -46,453-46.5k
Invst, LLC Reduced -37,263-37.3k
SWAN Capital LLC Reduced -34,409-34.4k
Atria Wealth Solutions, Inc. Reduced -28,080-28.1k
Gunma Bank,Ltd. Sold out -25,000-25.0k
Hamilton Wealth, LLC Reduced -22,571-22.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.3m35.6k shares
CITADEL ADVISORS LLC Reduced $1.4m8.2k shares

Biggest puts

CITADEL ADVISORS LLC Added $1.1m6.2k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $600.1k3.4k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,172,0831.2m $206.9m $206.9m 0.01% Reduced -18.1k -18,069
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 974,255974.3k $172.0m $172.0m 0.01% Added +52.9k +52,880
3 Beacon Capital Management, Inc. 6.70% of their portfolio DAYTON, OH 737,018737.0k $130.1m $130.1m 6.70% Added +472.1k +472,113
4 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 734,807734.8k $129.7m $129.7m 0.04% Added +117.4k +117,437
5 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.08% of their portfolio MILWAUKEE, WI 645,724645.7k $114.0m $114.0m 0.08% Added +34.7k +34,674
6 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 511,501511.5k $90.3m $90.3m 0.03% Reduced -131.5k -131,520
7 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 440,902440.9k $77.8m $77.8m 0.01% Added +250.7k +250,654
8 Rockefeller Capital Management L.P. 0.08% of their portfolio NEW YORK, NY 404,776404.8k $71.4m $71.4m 0.08% Added +201.3k +201,281
9 Empower Advisory Group, LLC 0.20% of their portfolio Greenwood Village, CO 375,973376.0k $66.4m $66.4m 0.20% Reduced -4.9k -4,927
10 UBS Group AG 0.01% of their portfolio ZURICH, V8 313,800313.8k $55.4m $55.4m 0.01% Added +38.1k +38,073
11 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 284,776284.8k $50.3m $50.3m 0.01% Added +21.7k +21,735
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 279,320279.3k $49.3m $49.3m 0.01% Added +4.5k +4,515
13 CAPTRUST FINANCIAL ADVISORS 0.09% of their portfolio RALEIGH, NC 228,944228.9k $40.4m $40.4m 0.09% Added +4.6k +4,591
14 PGIM Custom Harvest LLC 0.69% of their portfolio NEWARK, NJ 190,141190.1k $33.6m $33.6m 0.69% Added +11.8k +11,850
15 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 187,682187.7k $33.2m $33.2m 0.06% Added +31.8k +31,815
16 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 185,185185.2k $32.7m $32.7m 0.01% Added +19.6k +19,574
17 COMMONWEALTH EQUITY SERVICES, LLC 0.04% of their portfolio WALTHAM, MA 177,159177.2k $31.3m $31.3m 0.04% Added +7.9k +7,943
18 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 166,163166.2k $29.3m $29.3m 0.05% Reduced -52.2k -52,172
19 Allied Investment Advisors, LLC 4.28% of their portfolio BILLINGS, MT 138,765138.8k $24.5m $24.5m 4.28% Added +1.7k +1,671
20 ALTFEST L J & CO INC 2.57% of their portfolio NEW YORK, NY 123,394123.4k $21.8m $21.8m 2.57% Added +2.6k +2,640
21 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 113,833113.8k $20.1m $20.1m 0.03% Reduced -5.9k -5,868
22 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 104,956105.0k $18.5m $18.5m 0.06% Reduced -917 -917
23 Nan Shan Life Insurance Co., Ltd. 0.41% of their portfolio Taipei City, F5 103,880103.9k $18.3m $18.3m 0.41% Unchanged
24 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 99,12299.1k $17.5m $17.5m 0.02% Added +11.7k +11,724
25 CREATIVE FINANCIAL DESIGNS INC /ADV 1.20% of their portfolio KOKOMO, IN 94,44094.4k $16.7m $16.7m 1.20% Added +5.6k +5,595
26 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 1.15% of their portfolio KNOXVILLE, TN 93,79593.8k $16.6m $16.6m 1.15% Reduced -1.1k -1,084
27 Federation des caisses Desjardins du Quebec 0.07% of their portfolio LEVIS, A8 84,95885.0k $15.0m $15.0m 0.07% Added +7.2k +7,177
28 MML INVESTORS SERVICES, LLC 0.04% of their portfolio SPRINGFIELD, MA 83,94183.9k $14.8m $14.8m 0.04% Added +9.8k +9,814
29 Unconventional Investor, LLC 8.06% of their portfolio PORTSMOUTH, NH 82,61982.6k $14.6m $14.6m 8.06% Reduced -654 -654
30 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 77,16477.2k $13.6m $13.6m 0.01% Added +77.0k +77,017
31 Private Advisor Group, LLC 0.07% of their portfolio MORRISTOWN, NJ 68,92268.9k $12.2m $12.2m 0.07% Added +14.2k +14,180
32 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 59,54959.5k $10.5m $10.5m 0.02% Added +2.6k +2,626
33 Nelson Capital Management, LLC 1.38% of their portfolio MENLO PARK, CA 59,13659.1k $10.4m $10.4m 1.38% Added +810 +810
34 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 58,77458.8k $10.4m $10.4m 0.00% Added +9.0k +9,044
35 Pallas Capital Advisors LLC 0.39% of their portfolio BRAINTREE, MA 58,51258.5k $10.3m $10.3m 0.39% Reduced -17 -17
36 BLAIR WILLIAM & CO/IL 0.03% of their portfolio CHICAGO, IL 57,52557.5k $10.2m $10.2m 0.03% Added +15.6k +15,564
37 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 57,22557.2k $10.1m $10.1m 0.01% Reduced -7.2k -7,239
38 American Investment Services, Inc. 2.41% of their portfolio GREAT BARRINGTON, MA 53,56353.6k $9.5m $9.5m 2.41% Reduced -3.1k -3,127
39 CW Advisors, LLC 0.09% of their portfolio BOSTON, MA 52,66752.7k $9.3m $9.3m 0.09% Added +11.0k +10,961
40 Atria Wealth Solutions, Inc. 0.21% of their portfolio NEW YORK, NY 51,41951.4k $9.1m $9.1m 0.21% Reduced -28.1k -28,080
41 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 48,99349.0k $8.6m $8.6m 0.01% Reduced -2.7k -2,699
42 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 46,00846.0k $8.1m $8.1m 0.01% Added +3.3k +3,324
43 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 44,11344.1k $7.8m $7.8m 0.02% Added +16.3k +16,349
44 Richmond Brothers, Inc. 4.94% of their portfolio JACKSON, MI 42,77142.8k $7.5m $7.5m 4.94% Reduced -5.0k -5,004
45 AVANTAX ADVISORY SERVICES, INC. 0.04% of their portfolio DALLAS, TX 40,81140.8k $7.2m $7.2m 0.04% Reduced -1.9k -1,949
46 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 40,74240.7k $7.2m $7.2m 0.00% Reduced -11.9k -11,894
47 David Kennon Inc 2.64% of their portfolio SARASOTA, FL 40,06440.1k $7.1m $7.1m 2.64% Reduced -71 -71
48 Goldstone Financial Group, LLC 0.88% of their portfolio OAKBROOK TERRACE, IL 37,50837.5k $6.6m $6.6m 0.88% Added +1.1k +1,071
49 KCM INVESTMENT ADVISORS LLC 0.22% of their portfolio GREENBRAE, CA 36,73236.7k $6.5m $6.5m 0.22% Added +50 +50
50 Stratos Wealth Advisors, LLC 0.32% of their portfolio BEACHWOOD, OH 34,86334.9k $6.2m $6.2m 0.32% Reduced -4.6k -4,647
51 SWAN Capital LLC 2.57% of their portfolio PENSACOLA, FL 33,56533.6k $5.9m $5.9m 2.57% Reduced -34.4k -34,409
52 Envestnet Portfolio Solutions, Inc. 0.02% of their portfolio BERWYN, PA 33,55033.5k $5.9m $5.9m 0.02% Reduced -11.5k -11,492
53 Greenline Partners, LLC 0.79% of their portfolio NEW YORK, NY 33,18533.2k $5.9m $5.9m 0.79% Reduced -2.0k -1,987
54 Bryn Mawr Trust Advisors, LLC 0.32% of their portfolio PHILADELPHIA, PA 32,76232.8k $5.8m $5.8m 0.32% Reduced -783 -783
55 Exchange Capital Management, Inc. 0.85% of their portfolio Ann Arbor, MI 32,42332.4k $5.7m $5.7m 0.85% Added +1.4k +1,352
56 Lido Advisors, LLC 0.03% of their portfolio Los Angeles, CA 31,62331.6k $5.6m $5.6m 0.03% Added +2.9k +2,873
57 DMKC Advisory Services, LLC 2.86% of their portfolio DES MOINES, IA 30,75130.8k $5.5m $5.5m 2.86% Added +2.8k +2,796
58 EXCHANGE TRADED CONCEPTS, LLC 0.07% of their portfolio Oklahoma City, OK 30,16930.2k $5.3m $5.3m 0.07% Reduced -3.8k -3,818
59 Foundations Investment Advisors, LLC 0.08% of their portfolio PHOENIX, AZ 29,05729.1k $5.1m $5.1m 0.08% Added +2.2k +2,156
60 Porter White Investment Advisors, Inc. 2.37% of their portfolio Birmingham, AL 28,79328.8k $5.1m $5.1m 2.37% Added +35 +35
61 Tandem Wealth Advisors LLC 2.48% of their portfolio PHOENIX, AZ 28,46628.5k $5.0m $5.0m 2.48% New
62 Freedom Investment Management, Inc. 0.39% of their portfolio SOUTH WINDSOR, CT 27,63827.6k $4.9m $4.9m 0.39% Reduced -919 -919
63 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 27,60927.6k $4.9m $4.9m 0.01% New
64 IFG Advisory, LLC 0.24% of their portfolio ATLANTA, GA 27,14027.1k $4.8m $4.8m 0.24% Reduced -94 -94
65 Atria Investments, Inc 0.06% of their portfolio Charlotte, NC 26,73126.7k $4.7m $4.7m 0.06% Reduced -2.5k -2,480
66 Hamilton Wealth, LLC 1.05% of their portfolio LOS ANGELES, CA 26,71226.7k $4.7m $4.7m 1.05% Reduced -22.6k -22,571
67 Dakota Wealth Management 0.10% of their portfolio PALM BEACH GARDENS, FL 26,47226.5k $4.7m $4.7m 0.10% Reduced -1.6k -1,596
68 M&T Bank Corp 0.02% of their portfolio BUFFALO, NY 26,10926.1k $4.6m $4.6m 0.02% Reduced -2.4k -2,424
69 Moss Adams Wealth Advisors LLC 0.41% of their portfolio SEATTLE, WA 25,64525.6k $4.5m $4.5m 0.41% Added +5.3k +5,282
70 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 24,99825.0k $4.4m $4.4m 0.00% Reduced -770 -770
71 Aspire Capital Advisors LLC 1.20% of their portfolio SEATTLE, WA 24,67324.7k $4.4m $4.4m 1.20% Added +2.7k +2,701
72 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 24,39024.4k $4.3m $4.3m 0.01% Reduced -1.5k -1,453
73 Sigma Planning Corp 0.13% of their portfolio ANN ARBOR, MI 24,37124.4k $4.3m $4.3m 0.13% Added +7.2k +7,250
74 Visionary Wealth Advisors 0.22% of their portfolio O'FALLON, IL 24,18324.2k $4.3m $4.3m 0.22% Added +1.0k +1,024
75 FIRST NATIONAL CORP /MA/ /ADV 0.83% of their portfolio ROCKLAND, MA 23,41923.4k $4.1m $4.1m 0.83% Reduced -21.6k -21,557
76 DHK Financial Advisors, Inc. 2.27% of their portfolio PORTSMOUTH, NH 22,36622.4k $3.9m $3.9m 2.27% Added +3.1k +3,056
77 Tranquilli Financial Advisor LLC 2.35% of their portfolio Clinton, NJ 21,46821.5k $3.8m $3.8m 2.35% Reduced -11.2k -11,225
78 NOMURA ASSET MANAGEMENT CO LTD 0.01% of their portfolio TOKYO, M0 21,30021.3k $3.8m $3.8m 0.01% Added +14.8k +14,800
79 MRA Advisory Group 1.72% of their portfolio PARSIPPANY, NJ 20,74820.7k $3.7m $3.7m 1.72% Reduced -227 -227
80 Wilmington Savings Fund Society, FSB 0.06% of their portfolio WILMINGTON, DE 20,54520.5k $3.6m $3.6m 0.06% Unchanged
81 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 19,99820.0k $3.5m $3.5m 0.01% Added +885 +885
82 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 19,86519.9k $3.5m $3.5m 0.02% Added +5.9k +5,948
83 Apollon Financial, LLC 0.73% of their portfolio MOUNT PLEASANT, SC 19,77019.8k $3.5m $3.5m 0.73% Added +1.6k +1,604
84 White Lighthouse Investment Management Inc. 0.57% of their portfolio BEDFORD, MA 19,70519.7k $3.5m $3.5m 0.57% Added +12.3k +12,343
85 J.W. COLE ADVISORS, INC. 0.07% of their portfolio TAMPA, FL 19,65419.7k $3.5m $3.5m 0.07% Added +966 +966
86 Sterling Investment Advisors, Ltd. 0.75% of their portfolio BERWYN, PA 19,31919.3k $3.4m $3.4m 0.75% Reduced -456 -456
87 Mariner, LLC 0.00% of their portfolio Overland Park, KS 19,08919.1k $3.4m $3.4m 0.00% Added +2.9k +2,863
88 Proficio Capital Partners LLC 0.21% of their portfolio NEWTON, MA 19,08119.1k $3.4m $3.4m 0.21% Reduced -14 -14
89 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 19,04519.0k $3.4m $3.4m 0.01% Unchanged
90 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 18,33818.3k $3.2m $3.2m 0.03% Added +1.6k +1,616
91 Shilanski & Associates, Inc. 0.91% of their portfolio ANCHORAGE, AK 18,12118.1k $3.2m $3.2m 0.91% Added +88 +88
92 Financial Advocates Investment Management 0.26% of their portfolio OLYMPIA, WA 17,72017.7k $3.1m $3.1m 0.26% Reduced -1.1k -1,102
93 Comprehensive Money Management Services LLC 2.33% of their portfolio CORAL GABLES, FL 17,38817.4k $3.1m $3.1m 2.33% Reduced -248 -248
94 Farther Finance Advisors, LLC 0.06% of their portfolio SAN FRANCISCO, CA 17,20117.2k $3.0m $3.0m 0.06% Added +3.6k +3,584
95 Adams Wealth Management 0.58% of their portfolio LOGAN, UT 17,18717.2k $3.0m $3.0m 0.58% New
96 CacheTech Inc. 0.56% of their portfolio LOGAN, UT 17,18717.2k $3.0m $3.0m 0.56% New
97 Ariston Services Group 2.08% of their portfolio SAN DIEGO, CA 16,60516.6k $2.9m $2.9m 2.08% Reduced -9 -9
98 Glassy Mountain Advisors, Inc. 0.94% of their portfolio BETHESDA, MD 16,47216.5k $2.9m $2.9m 0.94% Reduced -12 -12
99 Capital Investment Advisory Services, LLC 0.24% of their portfolio RALEIGH, NC 16,43216.4k $2.9m $2.9m 0.24% Added +1.1k +1,108
100 Wealthspire Advisors, LLC 0.02% of their portfolio NEW YORK, NY 16,43016.4k $2.9m $2.9m 0.02% Reduced -40 -40