Vault-13

VANGUARD SCOTTSDALE FDS VGSH

SHORT TERM TREAS · ETP · CUSIP 92206C102

1,094 institutional holders +29 vs Q1 2026
332,765,300332.8m shares reported held*
$19.3bnreported value*
105 new 479 added 363 reduced 68 sold out net sold ≈ $24.6m (+562.2k 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 ($81.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $58.01. Options: 0 managers hold calls (— notional), 1 hold puts ($448.1k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 663Q4 22: 736Q1 23: 767Q2 23: 809Q3 23: 814Q4 23: 863Q1 24: 843Q2 24: 853Q3 24: 849Q4 24: 912Q1 25: 938Q2 25: 951Q3 25: 942Q4 25: 1,049Q1 26: 1,065Q2 26: 1,0941,094Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022663
Q4 2022736
Q1 2023767
Q2 2023809
Q3 2023814
Q4 2023863
Q1 2024843
Q2 2024853
Q3 2024849
Q4 2024912
Q1 2025938
Q2 2025951
Q3 2025942
Q4 20251,049
Q1 20261,065
Q2 20261,094

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ3 24: 440 bought or addedQ3 24: 361 cut or sold outQ4 24: 435 bought or addedQ4 24: 353 cut or sold outQ4 24Q1 25: 497 bought or addedQ1 25: 365 cut or sold outQ2 25: 493 bought or addedQ2 25: 391 cut or sold outQ2 25Q3 25: 515 bought or addedQ3 25: 371 cut or sold outQ4 25: 546 bought or addedQ4 25: 361 cut or sold outQ4 25Q1 26: 596 bought or addedQ1 26: 402 cut or sold outQ2 26: 584 bought or addedQ2 26: 431 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024440361
Q4 2024435353
Q1 2025497365
Q2 2025493391
Q3 2025515371
Q4 2025546361
Q1 2026596402
Q2 2026584431

Calls vs puts

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

CallsPuts
$0$250k$500k$750k$1mQ3 25 calls: $194.2kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $804.6kQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $0Q2 26 puts: $448.1kQ2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$194.2k$00.00
Q4 2025$804.6k$00.00
Q1 2026$0$0—
Q2 2026$0$448.1k—

Biggest buyers

ALLIANCEBERNSTEIN L.P. Added +8,805,861+8.8m
UBS Group AG Added +2,981,239+3.0m
FJ Investments, LLC New +1,550,014+1.6m
Roehl & Yi Investment Advisors, LLC New +1,417,781+1.4m
M&T Bank Corp Added +1,270,675+1.3m
Cambridge Investment Research Advisors, Inc. Added +1,245,007+1.2m
WIT, LLC Added +1,235,513+1.2m
Baird Financial Group, Inc. Added +981,703+981.7k
ASSETMARK, INC Added +726,241+726.2k
University of Illinois Foundation New +619,536+619.5k

Biggest sellers

Orgel Wealth Management, LLC Reduced -5,796,714-5.8m
GOLDMAN SACHS GROUP INC Reduced -4,537,422-4.5m
JPMORGAN CHASE & CO Reduced -4,528,654-4.5m
STATE STREET CORP Sold out -4,400,000-4.4m
Aptus Capital Advisors, LLC Reduced -1,042,946-1.0m
NOMURA ASSET MANAGEMENT CO LTD Reduced -989,700-989.7k
CAPITAL ADVISORS INC/OK Sold out -935,053-935.1k
New York Life Investment Management LLC Reduced -757,502-757.5k
WELLS FARGO & COMPANY/MN Reduced -728,394-728.4k
ARMSTRONG ADVISORY GROUP, INC Reduced -646,677-646.7k

Biggest calls

None

Biggest puts

CITADEL ADVISORS LLC New $448.1k7.7k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.16% of their portfolio NEW YORK, NY 47,301,99747.3m $2.8bn $2.8bn 0.16% Reduced -4.5m -4,528,654
2 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 28,332,31028.3m $1.6bn $1.6bn 0.09% Added +536.6k +536,579
3 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 11,894,77311.9m $692.3m $692.3m 0.04% Added +365.7k +365,679
4 Baird Financial Group, Inc. 0.89% of their portfolio MILWAUKEE, WI 11,135,79111.1m $648.1m $648.1m 0.89% Added +981.7k +981,703
5 UBS Group AG 0.09% of their portfolio ZURICH, V8 9,365,4849.4m $545.1m $545.1m 0.09% Added +3.0m +2,981,239
6 ALLIANCEBERNSTEIN L.P. 0.17% of their portfolio NASHVILLE, TN 8,815,6798.8m $516.1m $516.1m 0.17% Added +8.8m +8,805,861
7 NORTHERN TRUST CORP 0.06% of their portfolio CHICAGO, IL 8,157,1258.2m $474.7m $474.7m 0.06% Added +191.5k +191,524
8 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 4,958,1415.0m $288.6m $288.6m 0.05% Reduced -728.4k -728,394
9 Cerity Partners LLC 0.35% of their portfolio NEW YORK, NY 4,938,8334.9m $287.4m $287.4m 0.35% Reduced -327.1k -327,132
10 NorthRock Partners, LLC 3.98% of their portfolio MINNEAPOLIS, MN 4,710,7694.7m $274.2m $274.2m 3.98% Reduced -156.9k -156,919
11 RWA WEALTH PARTNERS, LLC 2.49% of their portfolio BOSTON, MA 4,467,2854.5m $260.0m $260.0m 2.49% Reduced -633.7k -633,676
12 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 4,249,1184.2m $247.3m $247.3m 0.03% Reduced -4.5m -4,537,422
13 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 4,102,2724.1m $238.8m $238.8m 0.05% Reduced -378.1k -378,104
14 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 3,972,8234.0m $231.2m $231.2m 0.05% Reduced -94.0k -94,003
15 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 3,581,2863.6m $207.9m $207.9m 0.04% Added +388.5k +388,516
16 M&T Bank Corp 0.59% of their portfolio BUFFALO, NY 3,432,8903.4m $199.8m $199.8m 0.59% Added +1.3m +1,270,675
17 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 3,328,5563.3m $193.7m $193.7m 0.05% Reduced -272.0k -272,005
18 Arlington Trust Co LLC 16.34% of their portfolio BIRMINGHAM, AL 3,321,6623.3m $193.3m $193.3m 16.34% Added +229.2k +229,219
19 Pure Financial Advisors, LLC 2.22% of their portfolio SAN DIEGO, CA 3,002,7323.0m $174.8m $174.8m 2.22% Added +222.9k +222,924
20 PARTNERS CAPITAL INVESTMENT GROUP, LLP 5.73% of their portfolio BOSTON, MA 2,789,4172.8m $162.3m $162.3m 5.73% Reduced -127.7k -127,687
21 Corient Private Wealth LP 0.21% of their portfolio MIAMI, FL 2,557,7012.6m $148.9m $148.9m 0.21% Added +120.0k +119,991
22 CITIGROUP INC 0.07% of their portfolio NEW YORK, NY 2,526,3902.5m $147.0m $147.0m 0.07% Added +92.1k +92,138
23 WIT, LLC 2.25% of their portfolio DISTRICT OF COLUMBIA, DC 2,425,1792.4m $141.1m $141.1m 2.25% Added +1.2m +1,235,513
24 NewEdge Wealth, LLC 1.36% of their portfolio STAMFORD, CT 2,312,9222.3m $134.6m $134.6m 1.36% Added +72.3k +72,313
25 TD PRIVATE CLIENT WEALTH LLC 2.35% of their portfolio NEW YORK, NY 2,200,5712.2m $128.1m $128.1m 2.35% Added +130.3k +130,313
26 HighTower Advisors, LLC 0.12% of their portfolio CHICAGO, IL 2,159,2372.2m $125.7m $125.7m 0.12% Added +256.5k +256,461
27 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 2,133,4842.1m $124.2m $124.2m 0.02% Reduced -347.7k -347,666
28 OSAIC HOLDINGS, INC. 0.15% of their portfolio SCOTTSDALE, AZ 2,121,9652.1m $123.5m $123.5m 0.15% Added +354.5k +354,461
29 Smithfield Trust Co 4.87% of their portfolio PITTSBURGH, PA 2,093,6392.1m $121.8m $121.8m 4.87% Reduced -32.7k -32,729
30 MAI Capital Management 0.45% of their portfolio INDEPENDENCE, OH 2,010,5152.0m $117.0m $117.0m 0.45% Added +125.0k +125,022
31 NEPC LLC 2.16% of their portfolio Boston, MA 1,993,2992.0m $116.0m $116.0m 2.16% Unchanged
32 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 1.54% of their portfolio BOSTON, MA 1,835,2151.8m $106.8m $106.8m 1.54% Added +161.2k +161,248
33 Cambridge Investment Research Advisors, Inc. 0.12% of their portfolio FAIRFIELD, IA 1,787,4661.8m $104.0m $104.0m 0.12% Added +1.2m +1,245,007
34 Elm Partners Management LLC 3.28% of their portfolio Philadelphia, PA 1,571,3351.6m $91.5m $91.5m 3.28% Added +405.4k +405,410
35 FJ Investments, LLC 4.90% of their portfolio Salt Lake City, UT 1,550,0141.6m $90.2m $90.2m 4.90% New
36 Miller Investment Management, LP 8.18% of their portfolio WEST CONSHOHOCKEN, PA 1,537,8431.5m $89.5m $89.5m 8.18% Reduced -136.1k -136,071
37 Blue Trust, Inc. 0.93% of their portfolio BRENTWOOD, TN 1,527,9351.5m $88.9m $88.9m 0.93% Reduced -208.1k -208,114
38 New York Life Investment Management LLC 0.62% of their portfolio New York, NY 1,526,2111.5m $88.8m $88.8m 0.62% Reduced -757.5k -757,502
39 Capital Investment Advisors, LLC 1.09% of their portfolio ATLANTA, GA 1,421,9321.4m $82.8m $82.8m 1.09% Added +286.1k +286,072
40 Roehl & Yi Investment Advisors, LLC 0.47% of their portfolio Eugene, OR 1,417,7811.4m $1.4m $1.4m 0.47% New
41 Beacon Pointe Advisors, LLC 0.38% of their portfolio NEWPORT BEACH, CA 1,405,2341.4m $81.8m $81.8m 0.38% Reduced -37.4k -37,410
42 Evensky & Katz LLC 4.15% of their portfolio CORAL GABLES, FL 1,381,9421.4m $80.4m $80.4m 4.15% Added +57.1k +57,086
43 First Financial Bankshares Inc 1.48% of their portfolio Abilene, TX 1,356,4271.4m $78.9m $78.9m 1.48% Added +24.9k +24,898
44 Focus Partners Wealth 0.08% of their portfolio ST LOUIS, MO 1,353,3041.4m $78.8m $78.8m 0.08% Reduced -128.4k -128,443
45 Valmark Advisers, Inc. 0.83% of their portfolio AKRON, OH 1,350,3171.4m $78.6m $78.6m 0.83% Added +89.4k +89,419
46 PATTEN & PATTEN INC/TN 4.09% of their portfolio CHATTANOOGA, TN 1,327,0741.3m $77.2m $77.2m 4.09% Added +488.8k +488,822
47 TRUSTMARK BANK TRUST DEPARTMENT 4.46% of their portfolio JACKSON, MS 1,287,7101.3m $74.9m $74.9m 4.46% Reduced -249.7k -249,748
48 Oak Harvest Investment Services 6.99% of their portfolio HOUSTON, TX 1,284,0041.3m $74.7m $74.7m 6.99% Added +56.7k +56,727
49 MAYPORT, LLC 11.56% of their portfolio NEWTON, MA 1,281,1351.3m $74.6m $74.6m 11.56% Added +75.9k +75,912
50 Creative Planning 0.04% of their portfolio OVERLAND PARK, KS 1,280,0121.3m $74.5m $74.5m 0.04% Reduced -83.2k -83,179
51 Advisory Alpha, LLC 1.77% of their portfolio HOLLAND, MI 1,236,9171.2m $72.0m $72.0m 1.77% Added +20.0k +20,046
52 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 1.03% of their portfolio Seattle, WA 1,212,9611.2m $70.6m $70.6m 1.03% Added +62.8k +62,792
53 COLDSTREAM CAPITAL MANAGEMENT INC 0.84% of their portfolio BELLEVUE, WA 1,150,7941.2m $67.0m $67.0m 0.84% Reduced -214.7k -214,747
54 PRESILIUM PRIVATE WEALTH, LLC 10.03% of their portfolio RADNOR, PA 1,123,0541.1m $65.4m $65.4m 10.03% Added +113.6k +113,594
55 Chemistry Wealth Management LLC 10.36% of their portfolio NEW YORK, NY 1,107,1621.1m $64.4m $64.4m 10.36% Added +46.1k +46,122
56 Cornerstone Wealth Advisors, Inc. 13.25% of their portfolio EDINA, MN 1,086,6581.1m $63.2m $63.2m 13.25% Added +34.8k +34,779
57 Warwick Investment Management, Inc. 6.92% of their portfolio BRYAN, TX 1,059,1941.1m $61.6m $61.6m 6.92% Added +408.7k +408,749
58 Falcon Wealth Planning 3.80% of their portfolio Ontario, CA 1,032,6351.0m $60.1m $60.1m 3.80% Added +63.4k +63,427
59 Cetera Investment Advisers 0.05% of their portfolio SCHAUMBURG, IL 1,007,2311.0m $58.6m $58.6m 0.05% Reduced -65 -65
60 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio NEW YORK, NY 993,531993.5k $57.8m $57.8m 0.01% Reduced -35.0k -35,041
61 TRUIST FINANCIAL CORP 0.07% of their portfolio CHARLOTTE, NC 944,315944.3k $55.0m $55.0m 0.07% Reduced -123.6k -123,573
62 Foster Group, Inc. 1.43% of their portfolio WEST DES MOINES, IA 925,588925.6k $53.9m $53.9m 1.43% Added +60.8k +60,775
63 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 895,293895.3k $52.1m $52.1m 0.03% Added +293.3k +293,303
64 Wealth Dimensions Group, Ltd. 9.20% of their portfolio CINCINNATI, OH 882,471882.5k $51.4m $51.4m 9.20% Added +40.2k +40,173
65 Strata Wealth Advisors, LLC 12.28% of their portfolio DALLAS, TX 865,062865.1k $50.3m $50.3m 12.28% Added +22.7k +22,668
66 Wellspring Financial Advisors, LLC 3.31% of their portfolio CLEVELAND, OH 863,583863.6k $50.3m $50.3m 3.31% Added +94.1k +94,141
67 INSIGHT 2811, INC. 20.09% of their portfolio CHICAGO, IL 852,297852.3k $49.6m $49.6m 20.09% Added +854 +854
68 VANGUARD ADVISERS INC 0.16% of their portfolio Malvern, PA 819,197819.2k $47.7m $47.7m 0.16% Added +86.6k +86,624
69 Klaas Financial Asset Advisors, LLC 5.85% of their portfolio LOVES PARK, IL 806,570806.6k $46.9m $46.9m 5.85% Added +66.1k +66,063
70 Retirement Planning Group, LLC 1.15% of their portfolio LEAWOOD, KS 776,178776.2k $45.2m $45.2m 1.15% Reduced -202.9k -202,940
71 Mariner, LLC 0.05% of their portfolio Overland Park, KS 768,955769.0k $44.8m $44.8m 0.05% Added +45.9k +45,926
72 McLean Asset Management Corp 5.90% of their portfolio TYSONS, VA 767,727767.7k $44.6m $44.6m 5.90% Added +486.1k +486,074
73 Portland Global Advisors LLC 4.18% of their portfolio PORTLAND, ME 756,714756.7k $44.0m $44.0m 4.18% Reduced -109.6k -109,567
74 Vernal Point Advisors, LLC 14.67% of their portfolio San Francisco, CA 746,524746.5k $43.4m $43.4m 14.67% Added +271.5k +271,513
75 ASSETMARK, INC 0.07% of their portfolio CONCORD, CA 726,811726.8k $42.3m $42.3m 0.07% Added +726.2k +726,241
76 American Money Management, LLC 5.96% of their portfolio Rancho Santa Fe, CA 716,987717.0k $41.7m $41.7m 5.96% Added +20.4k +20,355
77 BROWN ADVISORY INC 0.06% of their portfolio BALTIMORE, MD 702,665702.7k $40.9m $40.9m 0.06% Added +114.4k +114,389
78 Pacific Sage Partners, LLC 5.80% of their portfolio EDMONDS, WA 699,446699.4k $40.7m $40.7m 5.80% Added +62.2k +62,208
79 First Command Advisory Services, Inc. 0.24% of their portfolio FORT WORTH, TX 689,411689.4k $40.1m $40.1m 0.24% Reduced -407.5k -407,536
80 1834 INVESTMENT ADVISORS CO 4.40% of their portfolio Milwaukee, WI 667,988668.0k $38.9m $38.9m 4.40% Reduced -22.2k -22,221
81 NOMURA ASSET MANAGEMENT CO LTD 0.08% of their portfolio TOKYO, M0 654,977655.0k $38.1m $38.1m 0.08% Reduced -989.7k -989,700
82 GOULD ASSET MANAGEMENT LLC /CA/ 5.96% of their portfolio CLAREMONT, CA 649,524649.5k $37.8m $37.8m 5.96% Added +41.3k +41,276
83 Rockefeller Capital Management L.P. 0.06% of their portfolio NEW YORK, NY 648,947648.9k $37.8m $37.8m 0.06% Added +40.2k +40,168
84 OLD NATIONAL BANCORP /IN/ 0.74% of their portfolio EVANSVILLE, IN 641,271641.3k $37.3m $37.3m 0.74% Added +10.3k +10,331
85 Beacon Bank & Trust 7.03% of their portfolio Boston, MA 633,681633.7k $36.9m $36.9m 7.03% Added +13.0k +13,037
86 University of Illinois Foundation 6.44% of their portfolio CHAMPAIGN, IL 619,536619.5k $36.1m $36.1m 6.44% New
87 Johns Hopkins University 2.40% of their portfolio BALTIMORE, MD 616,877616.9k $35.9m $35.9m 2.40% Unchanged
88 Arista Wealth Management, LLC 3.86% of their portfolio Las Vegas, NV 614,178614.2k $35.7m $35.7m 3.86% Added +18.6k +18,569
89 JOHNSON INVESTMENT COUNSEL INC 0.26% of their portfolio Cincinnati, OH 612,364612.4k $35.6m $35.6m 0.26% Added +14.0k +14,013
90 Haverford Trust Co 0.30% of their portfolio Radnor, PA 604,658604.7k $35.2m $35.2m 0.30% Added +22.1k +22,150
91 Facet Wealth, Inc. 0.50% of their portfolio WEST PALM BEACH, FL 601,790601.8k $35.0m $35.0m 0.50% Reduced -4.2k -4,168
92 Westerkirk Capital Inc. 3.34% of their portfolio VICTORIA, A1 597,540597.5k $34.8m $34.8m 3.34% Unchanged
93 Bleakley Financial Group, LLC 0.44% of their portfolio PARSIPPANY, NJ 592,890592.9k $34.5m $34.5m 0.44% Added +29.9k +29,885
94 Opus Capital Group, LLC 3.32% of their portfolio CINCINNATI, OH 589,059589.1k $34.3m $34.3m 3.32% Added +3.0k +2,987
95 Grove Bank & Trust 3.39% of their portfolio Miami, FL 586,889586.9k $34.2m $34.2m 3.39% Added +278.7k +278,709
96 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 583,471583.5k $34.0m $34.0m 0.01% Added +156.1k +156,084
97 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 578,966579.0k $33.7m $33.7m 0.01% Added +10.4k +10,431
98 Strategic Financial Services, Inc. 1.47% of their portfolio UTICA, NY 574,711574.7k $33.4m $33.4m 1.47% Reduced -14.8k -14,849
99 Alta Advisers Ltd 7.51% of their portfolio LONDON, X0 569,513569.5k $33.1m $33.1m 7.51% Added +95.7k +95,658
100 Concord Wealth Partners 3.79% of their portfolio ABINGDON, VA 568,549568.5k $33.1m $33.1m 3.79% Added +27.2k +27,227