Vault-13

VANGUARD SCOTTSDALE FDS VGSH

SHORT TERM TREAS · ETP · CUSIP 92206C102

912 institutional holders +63 vs Q3 2024
245,603,564245.6m shares reported held*
$14.3bnreported value*
62 new 373 added 290 reduced 63 sold out net bought ≈ $164.9m (+2.8m 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 ($29.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $58.23. Options: 3 managers hold calls ($296.6k notional), 2 hold puts ($75.6k).

Trends to Q4 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: 853Q3 24: 849Q4 24: 912912Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022663
Q4 2022736
Q1 2023767
Q2 2023809
Q3 2023814
Q4 2023863
Q1 2024843
Q2 2024853
Q3 2024849
Q4 2024912

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q1 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 24Q3 24: 440 bought or addedQ3 24: 361 cut or sold outQ4 24: 435 bought or addedQ4 24: 353 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 2023422298
Q2 2023427321
Q3 2023392388
Q4 2023377399
Q1 2024407393
Q2 2024424384
Q3 2024440361
Q4 2024435353

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ1 24 calls: $2.3mQ1 24 puts: $3.4mQ1 24P/C 1.49Q2 24 calls: $875.6kQ2 24 puts: $2.6mQ2 24P/C 2.91Q3 24 calls: $1.3mQ3 24 puts: $1.9mQ3 24P/C 1.52Q4 24 calls: $296.6kQ4 24 puts: $75.6kQ4 24P/C 0.25
Numbers
QuarterCallsPutsP/C
Q1 2024$2.3m$3.4m1.49
Q2 2024$875.6k$2.6m2.91
Q3 2024$1.3m$1.9m1.52
Q4 2024$296.6k$75.6k0.25

Biggest buyers

JPMORGAN CHASE & CO Added +9,083,331+9.1m
MAI Capital Management New +1,404,040+1.4m
MORGAN STANLEY Added +1,317,570+1.3m
Blue Trust, Inc. Added +847,591+847.6k
Merriman Wealth Management, LLC Added +842,087+842.1k
NorthRock Partners, LLC Added +816,488+816.5k
Cetera Investment Advisers Added +809,106+809.1k
Connecticut Wealth Management, LLC Added +608,656+608.7k
CAPITAL ADVISORS INC/OK Added +596,141+596.1k
BANK OF AMERICA CORP /DE/ Added +536,918+536.9k

Biggest sellers

Municipal Employees' Retirement System of Michigan Reduced -3,351,994-3.4m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -3,253,720-3.3m
PARTNERS CAPITAL INVESTMENT GROUP, LLP Reduced -2,477,998-2.5m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,663,108-1.7m
GOLDMAN SACHS GROUP INC Reduced -1,451,428-1.5m
MERCER GLOBAL ADVISORS INC /ADV Reduced -1,427,498-1.4m
Valmark Advisers, Inc. Reduced -1,268,500-1.3m
UBS Group AG Reduced -921,534-921.5k
AMERIPRISE FINANCIAL INC Reduced -880,511-880.5k
M&T Bank Corp Reduced -756,601-756.6k

Biggest calls

WOLVERINE TRADING, LLC New $209.3k3.6k shares
CITADEL ADVISORS LLC Reduced $87.3k1.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $75.6k1.3k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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, Q4 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.17% of their portfolio NEW YORK, NY 37,620,32737.6m $2.2bn $2.2bn 0.17% Added +9.1m +9,083,331
2 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 21,869,93121.9m $1.3bn $1.3bn 0.09% Added +1.3m +1,317,570
3 Orgel Wealth Management, LLC 11.25% of their portfolio ALTOONA, WI 7,410,1277.4m $431.1m $431.1m 11.25% Added +238.7k +238,717
4 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 7,130,3327.1m $414.8m $414.8m 0.04% Added +536.9k +536,918
5 NORTHERN TRUST CORP 0.05% of their portfolio CHICAGO, IL 5,835,9865.8m $339.5m $339.5m 0.05% Added +438.5k +438,475
6 GOLDMAN SACHS GROUP INC 0.06% of their portfolio NEW YORK, NY 5,264,5505.3m $306.3m $306.3m 0.06% Reduced -1.5m -1,451,428
7 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 4,500,0004.5m $261.8m $261.8m 0.01% Added +500.0k +500,000
8 SCS Capital Management LLC 5.04% of their portfolio BOSTON, MA 4,203,6034.2m $244.6m $244.6m 5.04% Added +211.2k +211,246
9 Baird Financial Group, Inc. 0.46% of their portfolio MILWAUKEE, WI 4,144,4934.1m $241.1m $241.1m 0.46% Added +362.2k +362,167
10 NorthRock Partners, LLC 6.85% of their portfolio MINNEAPOLIS, MN 3,608,3083.6m $209.9m $209.9m 6.85% Added +816.5k +816,488
11 Cerity Partners LLC 0.44% of their portfolio NEW YORK, NY 3,463,0043.5m $201.5m $201.5m 0.44% Added +86.4k +86,374
12 Blue Trust, Inc. 2.56% of their portfolio BRENTWOOD, TN 3,440,7523.4m $200.2m $200.2m 2.56% Added +847.6k +847,591
13 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 3,357,6003.4m $195.3m $195.3m 0.06% Reduced -1.7m -1,663,108
14 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 3,198,5923.2m $186.1m $186.1m 0.04% Added +2.9k +2,896
15 M&T Bank Corp 0.62% of their portfolio BUFFALO, NY 3,154,8203.2m $183.5m $183.5m 0.62% Reduced -756.6k -756,601
16 PARTNERS CAPITAL INVESTMENT GROUP, LLP 3.96% of their portfolio BOSTON, MA 2,474,2882.5m $144.0m $144.0m 3.96% Reduced -2.5m -2,477,998
17 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 2,325,8852.3m $135.3m $135.3m 0.05% First filing
18 Money Design Co.,Ltd. 6.80% of their portfolio TOKYO, M0 2,278,7672.3m $132.5m $132.5m 6.80% Reduced -177.4k -177,369
19 Cetera Investment Advisers 0.25% of their portfolio SCHAUMBURG, IL 2,087,8682.1m $121.5m $121.5m 0.25% Added +809.1k +809,106
20 Smithfield Trust Co 5.94% of their portfolio PITTSBURGH, PA 2,049,2942.0m $119.2m $119.2m 5.94% Reduced -10.6k -10,649
21 HighTower Advisors, LLC 0.16% of their portfolio CHICAGO, IL 2,030,8722.0m $118.2m $118.2m 0.16% Added +144.9k +144,915
22 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 2,020,5812.0m $117.6m $117.6m 0.05% Added +218.1k +218,069
23 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 1,968,2372.0m $114.5m $114.5m 0.02% Added +88.6k +88,628
24 Advisory Alpha, LLC 4.03% of their portfolio HOLLAND, MI 1,945,5341.9m $113.2m $113.2m 4.03% Added +46.3k +46,300
25 NEPC LLC 2.99% of their portfolio Boston, MA 1,913,6351.9m $111.3m $111.3m 2.99% Unchanged
26 Pure Financial Advisors, LLC 2.44% of their portfolio SAN DIEGO, CA 1,841,9541.8m $107.2m $107.2m 2.44% Added +239.3k +239,299
27 UBS Group AG 0.02% of their portfolio ZURICH, V8 1,765,1871.8m $102.7m $102.7m 0.02% Reduced -921.5k -921,534
28 Acropolis Investment Management, LLC 5.91% of their portfolio ST. LOUIS, MO 1,721,8271.7m $100.2m $100.2m 5.91% Added +95.6k +95,571
29 Johns Hopkins University 3.29% of their portfolio BALTIMORE, MD 1,503,3451.5m $87.5m $87.5m 3.29% Reduced -557.7k -557,720
30 RENAISSANCE TECHNOLOGIES LLC 0.13% of their portfolio NEW YORK, NY 1,472,8661.5m $85.7m $85.7m 0.13% Added +524.4k +524,359
31 MAI Capital Management 0.61% of their portfolio INDEPENDENCE, OH 1,404,0401.4m $81.7m $81.7m 0.61% New
32 Valmark Advisers, Inc. 1.15% of their portfolio AKRON, OH 1,271,9751.3m $74.0m $74.0m 1.15% Reduced -1.3m -1,268,500
33 TD PRIVATE CLIENT WEALTH LLC 2.05% of their portfolio NEW YORK, NY 1,259,7831.3m $73.3m $73.3m 2.05% Added +109.3k +109,346
34 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 1,214,9991.2m $70.7m $70.7m 0.06% Added +80.6k +80,577
35 BROWN ADVISORY INC 0.09% of their portfolio BALTIMORE, MD 1,171,0091.2m $68.1m $68.1m 0.09% Reduced -366.5k -366,525
36 AE Wealth Management LLC 0.58% of their portfolio TOPEKA, KS 1,165,5881.2m $67.8m $67.8m 0.58% Added +42.4k +42,383
37 First Financial Bankshares Inc 1.46% of their portfolio Abilene, TX 1,157,4961.2m $67.3m $67.3m 1.46% Added +43.1k +43,051
38 Evensky & Katz LLC 4.31% of their portfolio CORAL GABLES, FL 1,132,5981.1m $65.9m $65.9m 4.31% Added +46.2k +46,246
39 TRUIST FINANCIAL CORP 0.10% of their portfolio CHARLOTTE, NC 1,112,5931.1m $64.7m $64.7m 0.10% Added +24.6k +24,575
40 Creative Planning 0.06% of their portfolio OVERLAND PARK, KS 1,054,6871.1m $61.4m $61.4m 0.06% Added +20.5k +20,521
41 Miller Investment Management, LP 6.51% of their portfolio WEST CONSHOHOCKEN, PA 1,022,0441.0m $59.5m $59.5m 6.51% Reduced -32.9k -32,870
42 First Command Advisory Services, Inc. 0.55% of their portfolio FORT WORTH, TX 997,832997.8k $58.1m $58.1m 0.55% Added +54.0k +54,001
43 Rockefeller Capital Management L.P. 0.15% of their portfolio NEW YORK, NY 978,180978.2k $56.9m $56.9m 0.15% Reduced -252.6k -252,645
44 OSAIC HOLDINGS, INC. 0.12% of their portfolio SCOTTSDALE, AZ 977,834977.8k $52.4m $52.4m 0.12% Added +80.3k +80,265
45 Penserra Capital Management LLC 1.04% of their portfolio ORINDA, CA 975,432975.4k $56.8m $56.8m 1.04% Added +2.7k +2,680
46 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 1.53% of their portfolio Seattle, WA 964,855964.9k $56.1m $56.1m 1.53% Added +58.0k +58,001
47 OLD NATIONAL BANCORP /IN/ 1.31% of their portfolio EVANSVILLE, IN 953,349953.3k $55.5m $55.5m 1.31% Reduced -81.2k -81,250
48 Merit Financial Group, LLC 0.97% of their portfolio ALPHARETTA, GA 923,190923.2k $53.7m $53.7m 0.97% Added +48.0k +47,961
49 Chemistry Wealth Management LLC 12.48% of their portfolio NEW YORK, NY 915,073915.1k $53.2m $53.2m 12.48% Added +18.0k +18,033
50 NorthCoast Asset Management LLC 0.26% of their portfolio STAMFORD, CT 898,163898.2k $52.3m $52.3m 0.26% Reduced -10.6k -10,576
51 Strata Wealth Advisors, LLC 16.22% of their portfolio DALLAS, TX 888,047888.0k $51.7m $51.7m 16.22% Added +29.5k +29,511
52 Eagle Ridge Investment Management 4.47% of their portfolio STAMFORD, CT 881,242881.2k $51.3m $51.3m 4.47% Added +30.8k +30,829
53 Merriman Wealth Management, LLC 2.05% of their portfolio SEATTLE, WA 846,016846.0k $49.2m $49.2m 2.05% Added +842.1k +842,087
54 Cornerstone Wealth Advisors, Inc. 13.23% of their portfolio EDINA, MN 828,259828.3k $48.2m $48.2m 13.23% Added +38.9k +38,949
55 Talon Private Wealth, LLC 9.66% of their portfolio THE VILLAGES, FL 794,752794.8k $46.2m $46.2m 9.66% Reduced -250.8k -250,836
56 Oak Harvest Investment Services 6.43% of their portfolio HOUSTON, TX 792,209792.2k $46.1m $46.1m 6.43% Added +32.7k +32,662
57 1834 INVESTMENT ADVISORS CO 5.70% of their portfolio Milwaukee, WI 773,486773.5k $45.0m $45.0m 5.70% Reduced -19.2k -19,236
58 Pacific Sage Partners, LLC 10.25% of their portfolio EDMONDS, WA 772,800772.8k $45.0m $45.0m 10.25% Added +17.6k +17,556
59 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 772,435772.4k $44.9m $44.9m 0.01% Reduced -880.5k -880,511
60 Federation des caisses Desjardins du Quebec 0.22% of their portfolio LEVIS, A8 758,604758.6k $44.1m $44.1m 0.22% Reduced -219 -219
61 INSIGHT 2811, INC. 22.51% of their portfolio CHICAGO, IL 750,439750.4k $43.7m $43.7m 22.51% Reduced -10.7k -10,694
62 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 750,126750.1k $43.6m $43.6m 0.01% Added +30.9k +30,856
63 Brookstone Capital Management 0.62% of their portfolio WHEATON, IL 736,731736.7k $42.9m $42.9m 0.62% Reduced -242.3k -242,272
64 Wealth Dimensions Group, Ltd. 10.24% of their portfolio CINCINNATI, OH 718,843718.8k $41.8m $41.8m 10.24% Added +25.1k +25,061
65 Vernal Point Advisors, LLC 28.51% of their portfolio San Francisco, CA 713,086713.1k $41.5m $41.5m 28.51% Added +128.2k +128,182
66 Falcon Wealth Planning 4.61% of their portfolio Ontario, CA 710,035710.0k $41.3m $41.3m 4.61% Added +36.1k +36,070
67 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 0.80% of their portfolio MINNEAPOLIS, MN 709,878709.9k $41.3m $41.3m 0.80% Added +44.2k +44,169
68 Foster Group, Inc. 1.56% of their portfolio WEST DES MOINES, IA 701,489701.5k $40.8m $40.8m 1.56% Added +26.4k +26,380
69 PRESILIUM PRIVATE WEALTH, LLC 9.38% of their portfolio RADNOR, PA 700,995701.0k $40.8m $40.8m 9.38% Added +33.2k +33,250
70 Spire Wealth Management 1.23% of their portfolio MCLEAN, VA 682,020682.0k $39.7m $39.7m 1.23% Added +21.3k +21,274
71 AMI INVESTMENT MANAGEMENT INC 12.78% of their portfolio KENDALLVILLE, IN 675,946675.9k $39.3m $39.3m 12.78% Added +94.4k +94,394
72 TRUSTMARK BANK TRUST DEPARTMENT 2.79% of their portfolio JACKSON, MS 644,478644.5k $37.5m $37.5m 2.79% Added +322.0k +322,042
73 Mariner, LLC 0.06% of their portfolio Overland Park, KS 628,310628.3k $36.6m $36.6m 0.06% Added +24.4k +24,372
74 MAYPORT, LLC 10.72% of their portfolio NEWTON, MA 625,075625.1k $36.4m $36.4m 10.72% Added +94.2k +94,223
75 Connecticut Wealth Management, LLC 1.61% of their portfolio FARMINGTON, CT 614,056614.1k $32.7m $32.7m 1.61% Added +608.7k +608,656
76 Portland Global Advisors LLC 4.49% of their portfolio PORTLAND, ME 609,187609.2k $35.4m $35.4m 4.49% Added +78.8k +78,795
77 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.07% of their portfolio PLYMOUTH, MN 608,592608.6k $35.4m $35.4m 0.07% Reduced -3.3m -3,253,720
78 CAPITAL ADVISORS INC/OK 0.70% of their portfolio TULSA, OK 606,485606.5k $35.3m $35.3m 0.70% Added +596.1k +596,141
79 Opus Capital Group, LLC 4.30% of their portfolio CINCINNATI, OH 582,280582.3k $33.9m $33.9m 4.30% Added +15.1k +15,121
80 COLDSTREAM CAPITAL MANAGEMENT INC 0.71% of their portfolio BELLEVUE, WA 574,320574.3k $33.4m $33.4m 0.71% Added +228.4k +228,368
81 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 1.04% of their portfolio BOSTON, MA 559,659559.7k $32.6m $32.6m 1.04% Added +77.1k +77,058
82 ALTFEST L J & CO INC 3.94% of their portfolio NEW YORK, NY 534,040534.0k $31.1m $31.1m 3.94% New
83 Beacon Pointe Advisors, LLC 0.34% of their portfolio NEWPORT BEACH, CA 526,983527.0k $30.7m $30.7m 0.34% Added +26.8k +26,769
84 American Money Management, LLC 5.96% of their portfolio Rancho Santa Fe, CA 525,029525.0k $30.5m $30.5m 5.96% Added +56.9k +56,934
85 SCOPUS ASSET MANAGEMENT, L.P. 1.12% of their portfolio NEW YORK, NY 522,500522.5k $30.4m $30.4m 1.12% Unchanged
86 BENJAMIN EDWARDS INC 0.43% of their portfolio Clayton, MO 514,998515.0k $30.0m $30.0m 0.43% Added +19.8k +19,813
87 Facet Wealth, Inc. 0.79% of their portfolio WEST PALM BEACH, FL 511,637511.6k $29.8m $29.8m 0.79% Added +28.7k +28,663
88 MERCER GLOBAL ADVISORS INC /ADV 0.07% of their portfolio DENVER, CO 506,633506.6k $29.5m $29.5m 0.07% Reduced -1.4m -1,427,498
89 Summit Trail Advisors, LLC 1.08% of their portfolio NEW YORK, NY 504,019504.0k $29.3m $29.3m 1.08% Added +413.2k +413,153
90 Schiavi & Co LLC 11.32% of their portfolio WILMINGTON, DE 498,573498.6k $29.0m $29.0m 11.32% Added +18.1k +18,129
91 PRUDENTIAL PLC 0.15% of their portfolio LONDON, X0 495,610495.6k $28.8m $28.8m 0.15% Added +127.5k +127,496
92 Alaethes Wealth, LLC 10.26% of their portfolio GLENBROOK, NV 493,324493.3k $28.7m $28.7m 10.26% Added +20.3k +20,264
93 Arista Wealth Management, LLC 6.88% of their portfolio Las Vegas, NV 493,230493.2k $28.7m $28.7m 6.88% Reduced -9.7k -9,685
94 STEPHENS INC /AR/ 0.40% of their portfolio LITTLE ROCK, AR 489,552489.6k $28.5m $28.5m 0.40% Added +480.0k +479,965
95 Essential Planning, LLC. 0.19% of their portfolio PORTSMOUTH, NH 489,125489.1k $28.6m $28.6m 0.19% Added +481.6k +481,600
96 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 470,556470.6k $27.4m $27.4m 0.00% Added +72.1k +72,096
97 MassMutual Private Wealth & Trust, FSB 0.76% of their portfolio Windsor, CT 466,665466.7k $27.2m $27.2m 0.76% Reduced -83.3k -83,336
98 MainStreet Investment Advisors LLC 3.79% of their portfolio CHICAGO, IL 465,322465.3k $27.1m $27.1m 3.79% Reduced -14.4k -14,443
99 Cordant, Inc. 13.88% of their portfolio PORTLAND, OR 453,461453.5k $26.4m $26.4m 13.88% Added +13.8k +13,820
100 Focus Partners Wealth 0.03% of their portfolio ST LOUIS, MO 449,389449.4k $26.2m $26.2m 0.03% Added +233.5k +233,453