Vault-13

VANGUARD SCOTTSDALE FDS VGSH

SHORT TERM TREAS · ETP · CUSIP 92206C102

853 institutional holders +10 vs Q1 2024
245,053,382245.1m shares reported held*
$14.2bnreported value*
78 new 346 added 313 reduced 71 sold out net sold ≈ $4.1bn (-69.8m 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 ($12.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $58.07. Options: 3 managers hold calls ($875.6k notional), 3 hold puts ($2.6m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 663Q4 22: 736Q1 23: 767Q2 23: 809Q3 23: 814Q4 23: 863Q1 24: 843Q2 24: 853853Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022663
Q4 2022736
Q1 2023767
Q2 2023809
Q3 2023814
Q4 2023863
Q1 2024843
Q2 2024853

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 379 bought or addedQ4 22: 297 cut or sold outQ4 22Q1 23: 422 bought or addedQ1 23: 298 cut or sold outQ2 23: 427 bought or addedQ2 23: 321 cut or sold outQ2 23Q3 23: 392 bought or addedQ3 23: 388 cut or sold outQ4 23: 377 bought or addedQ4 23: 399 cut or sold outQ4 23Q1 24: 407 bought or addedQ1 24: 393 cut or sold outQ2 24: 424 bought or addedQ2 24: 384 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022379297
Q1 2023422298
Q2 2023427321
Q3 2023392388
Q4 2023377399
Q1 2024407393
Q2 2024424384

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ3 23 calls: $4.5mQ3 23 puts: $4.5mQ3 23P/C 0.99Q4 23 calls: $3.5mQ4 23 puts: $9.3mQ4 23P/C 2.68Q1 24 calls: $2.3mQ1 24 puts: $3.4mQ1 24P/C 1.49Q2 24 calls: $875.6kQ2 24 puts: $2.6mQ2 24P/C 2.91
Numbers
QuarterCallsPutsP/C
Q3 2023$4.5m$4.5m0.99
Q4 2023$3.5m$9.3m2.68
Q1 2024$2.3m$3.4m1.49
Q2 2024$875.6k$2.6m2.91

Biggest buyers

PARTNERS CAPITAL INVESTMENT GROUP, LLP Added +2,017,313+2.0m
GOLDMAN SACHS GROUP INC Added +1,144,703+1.1m
RENAISSANCE TECHNOLOGIES LLC Added +802,973+803.0k
NOMURA ASSET MANAGEMENT CO LTD New +573,700+573.7k
NORTHERN TRUST CORP Added +473,713+473.7k
Falcon Wealth Planning Added +407,414+407.4k
First Command Advisory Services, Inc. Added +389,724+389.7k
Miller Investment Management, LP Added +381,054+381.1k
Atria Investments, Inc Added +342,232+342.2k
Arista Wealth Management, LLC Added +315,022+315.0k

Biggest sellers

MORGAN STANLEY Reduced -44,320,556-44.3m
JPMORGAN CHASE & CO Reduced -27,004,870-27.0m
SCS Capital Management LLC Reduced -3,993,899-4.0m
Municipal Employees' Retirement System of Michigan Reduced -749,172-749.2k
Relative Value Partners Group, LLC Sold out -651,628-651.6k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -617,970-618.0k
Cetera Investment Advisers Reduced -524,691-524.7k
Prime Capital Investment Advisors, LLC Reduced -358,753-358.8k
WELLS FARGO & COMPANY/MN Reduced -288,133-288.1k
M&T Bank Corp Reduced -246,804-246.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $695.9k12.0k shares
CITADEL ADVISORS LLC Reduced $179.8k3.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

WOLVERINE TRADING, LLC Reduced $1.1m19.7k shares
CITADEL ADVISORS LLC Reduced $980.0k16.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $429.1k7.4k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.10% of their portfolio NEW YORK, NY 38,836,85838.8m $2.3bn $2.3bn 0.10% Reduced -27.0m -27,004,870
2 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 20,939,36820.9m $1.2bn $1.2bn 0.09% Reduced -44.3m -44,320,556
3 GOLDMAN SACHS GROUP INC 0.09% of their portfolio NEW YORK, NY 7,990,4878.0m $463.4m $463.4m 0.09% Added +1.1m +1,144,703
4 Orgel Wealth Management, LLC 10.71% of their portfolio ALTOONA, WI 6,843,1446.8m $396.8m $396.8m 10.71% Added +29.6k +29,639
5 ENVESTNET ASSET MANAGEMENT INC 0.13% of their portfolio Berwyn, PA 6,572,5346.6m $381.1m $381.1m 0.13% Reduced -152.6k -152,597
6 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 6,178,0266.2m $358.3m $358.3m 0.03% Reduced -51.7k -51,681
7 WELLS FARGO & COMPANY/MN 0.09% of their portfolio SAN FRANCISCO, CA 5,735,6795.7m $332.6m $332.6m 0.09% Reduced -288.1k -288,133
8 NORTHERN TRUST CORP 0.05% of their portfolio CHICAGO, IL 4,734,5544.7m $274.6m $274.6m 0.05% Added +473.7k +473,713
9 PARTNERS CAPITAL INVESTMENT GROUP, LLP 4.44% of their portfolio BOSTON, MA 4,531,1704.5m $262.7m $262.7m 4.44% Added +2.0m +2,017,313
10 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 4,000,0004.0m $232.0m $232.0m 0.01% Unchanged
11 SCS Capital Management LLC 4.72% of their portfolio BOSTON, MA 3,888,7673.9m $225.5m $225.5m 4.72% Reduced -4.0m -3,993,899
12 M&T Bank Corp 0.76% of their portfolio BUFFALO, NY 3,846,3163.8m $223.0m $223.0m 0.76% Reduced -246.8k -246,804
13 Municipal Employees' Retirement System of Michigan 2.89% of their portfolio LANSING, MI 3,590,0333.6m $208.2m $208.2m 2.89% Reduced -749.2k -749,172
14 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.49% of their portfolio PLYMOUTH, MN 3,570,3363.6m $207.0m $207.0m 0.49% Added +227.5k +227,468
15 UBS Group AG 0.06% of their portfolio ZURICH, V8 3,188,0183.2m $184.9m $184.9m 0.06% Reduced -198.6k -198,566
16 Cerity Partners LLC 0.49% of their portfolio NEW YORK, NY 3,118,2603.1m $180.8m $180.8m 0.49% Added +179.2k +179,162
17 Baird Financial Group, Inc. 0.34% of their portfolio MILWAUKEE, WI 2,829,7642.8m $164.1m $164.1m 0.34% Added +194.8k +194,814
18 Valmark Advisers, Inc. 2.38% of their portfolio AKRON, OH 2,411,7112.4m $139.9m $139.9m 2.38% Added +177.1k +177,075
19 Money Design Co.,Ltd. 7.30% of their portfolio TOKYO, M0 2,335,6042.3m $135.4m $135.4m 7.30% Added +70.5k +70,496
20 Blue Trust, Inc. 1.81% of their portfolio BRENTWOOD, TN 2,276,2522.3m $132.2m $132.2m 1.81% Reduced -25.3k -25,332
21 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 1,984,6942.0m $115.1m $115.1m 0.03% Reduced -175.4k -175,362
22 Smithfield Trust Co 5.92% of their portfolio PITTSBURGH, PA 1,947,9711.9m $112.9m $112.9m 5.92% Added +233.8k +233,758
23 NEPC LLC 3.66% of their portfolio Boston, MA 1,913,6351.9m $111.0m $111.0m 3.66% Unchanged
24 HighTower Advisors, LLC 0.17% of their portfolio CHICAGO, IL 1,846,5371.8m $107.1m $107.1m 0.17% Added +99.0k +99,003
25 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,812,3461.8m $105.1m $105.1m 0.03% Added +7.1k +7,132
26 Advisory Alpha, LLC 4.10% of their portfolio HOLLAND, MI 1,794,7231.8m $104.1m $104.1m 4.10% Added +33.7k +33,724
27 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,748,8931.7m $101.4m $101.4m 0.05% Added +72.9k +72,935
28 Gitterman Wealth Management, LLC 39.08% of their portfolio Edison, NJ 1,748,4491.7m $101.4m $101.4m 39.08% Reduced -8.5k -8,472
29 BROWN ADVISORY INC 0.13% of their portfolio BALTIMORE, MD 1,725,2551.7m $100.0m $100.0m 0.13% Added +253.3k +253,285
30 Acropolis Investment Management, LLC 6.07% of their portfolio ST. LOUIS, MO 1,658,1921.7m $96.2m $96.2m 6.07% Added +113.4k +113,408
31 Raymond James Financial Services Advisors, Inc. 0.13% of their portfolio ST. PETERSBURG, FL 1,554,3971.6m $90.1m $90.1m 0.13% Added +69.1k +69,055
32 MERCER GLOBAL ADVISORS INC /ADV 0.25% of their portfolio DENVER, CO 1,551,7631.6m $90.0m $90.0m 0.25% Added +187.4k +187,386
33 TRUIST FINANCIAL CORP 0.12% of their portfolio CHARLOTTE, NC 1,394,1271.4m $80.8m $80.8m 0.12% Added +487 +487
34 Pure Financial Advisors, LLC 2.20% of their portfolio SAN DIEGO, CA 1,368,7431.4m $79.4m $79.4m 2.20% Added +161.6k +161,582
35 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.07% of their portfolio MILWAUKEE, WI 1,292,9151.3m $75.0m $75.0m 0.07% Added +40.6k +40,650
36 Rockefeller Capital Management L.P. 0.20% of their portfolio NEW YORK, NY 1,224,0371.2m $71.0m $71.0m 0.20% Added +110.7k +110,679
37 Cornerstone Wealth Advisors, Inc. 21.08% of their portfolio EDINA, MN 1,214,3141.2m $70.4m $70.4m 21.08% Added +29.0k +29,013
38 Penserra Capital Management LLC 0.87% of their portfolio ORINDA, CA 1,178,9861.2m $68.4m $68.4m 0.87% Added +121 +121
39 AE Wealth Management LLC 0.67% of their portfolio TOPEKA, KS 1,147,9141.1m $66.6m $66.6m 0.67% Added +141.4k +141,400
40 RENAISSANCE TECHNOLOGIES LLC 0.11% of their portfolio NEW YORK, NY 1,145,6001.1m $66.4m $66.4m 0.11% Added +803.0k +802,973
41 Creative Planning 0.07% of their portfolio OVERLAND PARK, KS 1,070,4081.1m $62.1m $62.1m 0.07% Added +295.3k +295,261
42 First Financial Bankshares Inc 1.42% of their portfolio Abilene, TX 1,067,5981.1m $61.9m $61.9m 1.42% Added +14.5k +14,506
43 Evensky & Katz LLC 4.27% of their portfolio CORAL GABLES, FL 1,058,2521.1m $61.4m $61.4m 4.27% Reduced -3.0k -3,009
44 BOK Financial Private Wealth, Inc. 4.36% of their portfolio DENVER, CO 1,034,1501.0m $60.0m $60.0m 4.36% Added +122.8k +122,756
45 OLD NATIONAL BANCORP /IN/ 1.41% of their portfolio EVANSVILLE, IN 1,030,5421.0m $59.8m $59.8m 1.41% Added +67.7k +67,657
46 TD PRIVATE CLIENT WEALTH LLC 1.87% of their portfolio NEW YORK, NY 1,025,7361.0m $59.5m $59.5m 1.87% Added +101.9k +101,895
47 Merit Financial Group, LLC 1.27% of their portfolio ALPHARETTA, GA 994,960995.0k $57.7m $57.7m 1.27% Reduced -17.4k -17,397
48 Defender Capital, LLC. 17.84% of their portfolio CHARLOTTE, NC 900,319900.3k $52.2m $52.2m 17.84% Reduced -68.7k -68,656
49 First Command Advisory Services, Inc. 0.54% of their portfolio FORT WORTH, TX 892,118892.1k $51.7m $51.7m 0.54% Added +389.7k +389,724
50 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 1.53% of their portfolio Seattle, WA 877,126877.1k $50.9m $50.9m 1.53% Added +26.6k +26,624
51 Chemistry Wealth Management LLC 13.11% of their portfolio NEW YORK, NY 875,107875.1k $50.7m $50.7m 13.11% Added +22.5k +22,526
52 Oak Harvest Investment Services 7.78% of their portfolio HOUSTON, TX 849,181849.2k $49.2m $49.2m 7.78% Added +28.0k +28,021
53 Strata Wealth Advisors, LLC 16.36% of their portfolio DALLAS, TX 818,968819.0k $47.5m $47.5m 16.36% Reduced -20.8k -20,791
54 INSIGHT 2811, INC. 24.08% of their portfolio CHICAGO, IL 799,707799.7k $46.4m $46.4m 24.08% Reduced -11.3k -11,272
55 Eagle Ridge Investment Management 4.28% of their portfolio STAMFORD, CT 798,138798.1k $46.3m $46.3m 4.28% Added +18.1k +18,089
56 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 778,124778.1k $45.1m $45.1m 0.10% Reduced -524.7k -524,691
57 Federation des caisses Desjardins du Quebec 0.24% of their portfolio LEVIS, A8 762,636762.6k $44.2m $44.2m 0.24% Reduced -16.0k -16,009
58 Pacific Sage Partners, LLC 10.89% of their portfolio EDMONDS, WA 757,974758.0k $44.0m $44.0m 10.89% Added +4.9k +4,870
59 Miller Investment Management, LP 5.20% of their portfolio WEST CONSHOHOCKEN, PA 750,062750.1k $43.5m $43.5m 5.20% Added +381.1k +381,054
60 1834 INVESTMENT ADVISORS CO 5.15% of their portfolio Milwaukee, WI 736,958737.0k $42.7m $42.7m 5.15% Added +3.0k +2,953
61 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 706,586706.6k $41.0m $41.0m 0.01% Reduced -618.0k -617,970
62 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 700,991701.0k $40.7m $40.7m 0.10% Reduced -68.4k -68,422
63 Alta Advisers Ltd 19.41% of their portfolio LONDON, X0 696,073696.1k $40.4m $40.4m 19.41% Reduced -3.4k -3,354
64 New York Life Investment Management LLC 0.40% of their portfolio New York, NY 680,786680.8k $39.5m $39.5m 0.40% Added +210.8k +210,817
65 Foster Group, Inc. 1.52% of their portfolio WEST DES MOINES, IA 665,580665.6k $38.6m $38.6m 1.52% Added +26.4k +26,434
66 Wealth Dimensions Group, Ltd. 10.91% of their portfolio CINCINNATI, OH 660,066660.1k $38.3m $38.3m 10.91% Added +12.8k +12,817
67 Foundations Investment Advisors, LLC 0.91% of their portfolio PHOENIX, AZ 649,622649.6k $37.7m $37.7m 0.91% Reduced -35.6k -35,599
68 Falcon Wealth Planning 4.87% of their portfolio Ontario, CA 647,176647.2k $37.5m $37.5m 4.87% Added +407.4k +407,414
69 Vernal Point Advisors, LLC 26.13% of their portfolio San Francisco, CA 632,937632.9k $36.7m $36.7m 26.13% Reduced -425 -425
70 Mariner, LLC 0.07% of their portfolio Overland Park, KS 629,671629.7k $36.5m $36.5m 0.07% Reduced -14.0k -13,973
71 PRESILIUM PRIVATE WEALTH, LLC 9.10% of their portfolio RADNOR, PA 620,995621.0k $36.0m $36.0m 9.10% Added +92.7k +92,744
72 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.76% of their portfolio MINNEAPOLIS, MN 610,142610.1k $35.4m $35.4m 0.76% Added +39.6k +39,635
73 NOMURA ASSET MANAGEMENT CO LTD 0.11% of their portfolio TOKYO, M0 573,700573.7k $33.3m $33.3m 0.11% New
74 AMI INVESTMENT MANAGEMENT INC 11.56% of their portfolio KENDALLVILLE, IN 571,179571.2k $33.1m $33.1m 11.56% Added +31.9k +31,893
75 Opus Capital Group, LLC 4.54% of their portfolio CINCINNATI, OH 549,570549.6k $31.9m $31.9m 4.54% Added +14.6k +14,620
76 MassMutual Private Wealth & Trust, FSB 0.95% of their portfolio Windsor, CT 538,537538.5k $31.2m $31.2m 0.95% Added +16.4k +16,430
77 MainStreet Investment Advisors LLC 3.80% of their portfolio CHICAGO, IL 535,154535.2k $31.0m $31.0m 3.80% Added +22.3k +22,289
78 SCOPUS ASSET MANAGEMENT, L.P. 0.95% of their portfolio NEW YORK, NY 522,500522.5k $30.3m $30.3m 0.95% Unchanged
79 Arista Wealth Management, LLC 7.53% of their portfolio Las Vegas, NV 493,741493.7k $28.6m $28.6m 7.53% Added +315.0k +315,022
80 Portland Global Advisors LLC 3.85% of their portfolio PORTLAND, ME 489,870489.9k $28.4m $28.4m 3.85% Added +47.0k +46,974
81 Herr Investment Group LLC 8.32% of their portfolio AUSTIN, TX 484,669484.7k $28.1m $28.1m 8.32% Reduced -3.9k -3,939
82 Beacon Pointe Advisors, LLC 0.33% of their portfolio NEWPORT BEACH, CA 480,876480.9k $27.9m $27.9m 0.33% Reduced -22.0k -22,006
83 BENJAMIN F. EDWARDS & COMPANY, INC. 0.48% of their portfolio ST. LOUIS, MO 469,418469.4k $27.2m $27.2m 0.48% Reduced -27.1k -27,069
84 MAYPORT, LLC 9.68% of their portfolio NEWTON, MA 468,487468.5k $27.2m $27.2m 9.68% Added +114.4k +114,382
85 Schiavi & Co LLC 10.56% of their portfolio WILMINGTON, DE 464,368464.4k $26.9m $26.9m 10.56% Added +26.9k +26,868
86 Facet Wealth, Inc. 0.81% of their portfolio WEST PALM BEACH, FL 452,592452.6k $26.4m $26.4m 0.81% Added +3.6k +3,551
87 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 445,049445.0k $25.8m $25.8m 0.10% Reduced -43.0k -43,050
88 WBH ADVISORY INC 2.58% of their portfolio BALTIMORE, MD 439,098439.1k $25.5m $25.5m 2.58% Added +126.2k +126,158
89 American Money Management, LLC 5.35% of their portfolio Rancho Santa Fe, CA 432,327432.3k $25.1m $25.1m 5.35% Added +52 +52
90 Charles Schwab Trust Co 2.30% of their portfolio HENDERSON, NV 428,497428.5k $24.8m $24.8m 2.30% Added +6.4k +6,429
91 AllGen Financial Advisors, Inc. 9.26% of their portfolio ORLANDO, FL 420,812420.8k $24.4m $24.4m 9.26% Reduced -129.0k -128,967
92 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 419,259419.3k $24.3m $24.3m 0.01% Added +4.1k +4,083
93 Alaethes Wealth, LLC 10.02% of their portfolio GLENBROOK, NV 417,942417.9k $24.2m $24.2m 10.02% Added +227.9k +227,854
94 Cordant, Inc. 13.45% of their portfolio PORTLAND, OR 415,260415.3k $24.1m $24.1m 13.45% Added +7.3k +7,335
95 Global Wealth Management Investment Advisory, Inc. 5.40% of their portfolio FORT LAUDERDALE, FL 400,311400.3k $23.2m $23.2m 5.40% Added +60.9k +60,922
96 Strategic Wealth Investment Group, LLC 2.92% of their portfolio LOUISVILLE, KY 399,801399.8k $23.1m $23.1m 2.92% First filing
97 Sollinda Capital Management LLC 6.94% of their portfolio HICKORY, NC 392,771392.8k $22.8m $22.8m 6.94% Reduced -34.0k -34,037
98 PRUDENTIAL PLC 0.16% of their portfolio LONDON, X0 388,190388.2k $22.5m $22.5m 0.16% Added +235.8k +235,798
99 Delta Investment Management, LLC 4.80% of their portfolio SAN FRANCISCO, CA 375,013375.0k $21.7m $21.7m 4.80% Reduced -65.7k -65,724
100 Level Financial Advisors 9.42% of their portfolio EAST AMHERST, NY 374,952375.0k $21.7m $21.7m 9.42% Added +9.6k +9,641