Vault-13

VANGUARD SCOTTSDALE FDS VCSH

SHRT TRM CORP BD · ETP · CUSIP 92206C409

1,482 institutional holders +32 vs Q4 2025
341,036,138341.0m shares reported held*
$27.1bnreported value*
121 new 708 added 435 reduced 91 sold out net bought ≈ $2.3bn (+29.3m 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 ($43.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $79.33. Options: 0 managers hold calls (— notional), 1 hold puts ($293.3k).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,243Q4 22: 1,288Q1 23: 1,252Q2 23: 1,239Q3 23: 1,229Q4 23: 1,299Q1 24: 1,259Q2 24: 1,255Q3 24: 1,258Q4 24: 1,337Q1 25: 1,336Q2 25: 1,363Q3 25: 1,357Q4 25: 1,450Q1 26: 1,4821,482Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 20221,243
Q4 20221,288
Q1 20231,252
Q2 20231,239
Q3 20231,229
Q4 20231,299
Q1 20241,259
Q2 20241,255
Q3 20241,258
Q4 20241,337
Q1 20251,336
Q2 20251,363
Q3 20251,357
Q4 20251,450
Q1 20261,482

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 24: 556 bought or addedQ2 24: 605 cut or sold outQ3 24: 565 bought or addedQ3 24: 588 cut or sold outQ3 24Q4 24: 632 bought or addedQ4 24: 523 cut or sold outQ1 25: 658 bought or addedQ1 25: 564 cut or sold outQ1 25Q2 25: 655 bought or addedQ2 25: 577 cut or sold outQ3 25: 733 bought or addedQ3 25: 483 cut or sold outQ3 25Q4 25: 785 bought or addedQ4 25: 479 cut or sold outQ1 26: 829 bought or addedQ1 26: 526 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024556605
Q3 2024565588
Q4 2024632523
Q1 2025658564
Q2 2025655577
Q3 2025733483
Q4 2025785479
Q1 2026829526

Calls vs puts

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

CallsPuts
$0$1m$2m$3mQ2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $2.2mQ4 25 puts: $0Q4 25P/C 0.00Q1 26 calls: $0Q1 26 puts: $293.3kQ1 26P/C —
Numbers
QuarterCallsPutsP/C
Q2 2025$0$0—
Q3 2025$0$0—
Q4 2025$2.2m$00.00
Q1 2026$0$293.3k—

Biggest buyers

ALLSTATE CORP New +12,616,300+12.6m
BANK OF AMERICA CORP /DE/ Added +4,376,524+4.4m
Allspring Global Investments Holdings, LLC New +1,472,895+1.5m
GOLDMAN SACHS GROUP INC Added +1,457,045+1.5m
WELLS FARGO & COMPANY/MN Added +1,216,974+1.2m
MORGAN STANLEY Added +968,226+968.2k
BARCLAYS PLC Added +616,240+616.2k
Beacon Capital Management, Inc. New +555,117+555.1k
UBS Group AG Added +543,314+543.3k
GSA CAPITAL PARTNERS LLP Added +499,149+499.1k

Biggest sellers

Corient Private Wealth LP Reduced -2,102,133-2.1m
Janney Montgomery Scott LLC Sold out -2,100,506-2.1m
Trans-Canada Capital Inc. Sold out -603,024-603.0k
John A. Wolfe & Associates, Inc. Sold out -543,043-543.0k
PRUDENTIAL PLC Reduced -481,646-481.6k
BlueSky Wealth Advisors, LLC Reduced -380,095-380.1k
Tower Research Capital LLC (TRC) Reduced -324,617-324.6k
HRT FINANCIAL LP Reduced -297,637-297.6k
EP Wealth Advisors, LLC Reduced -264,252-264.3k
JPMORGAN CHASE & CO Reduced -248,017-248.0k

Biggest calls

None

Biggest puts

CITADEL ADVISORS LLC New $293.3k3.7k 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, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.44% of their portfolio CHARLOTTE, NC 75,626,30275.6m $6.0bn $6.0bn 0.44% Added +4.4m +4,376,524
2 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 20,394,18220.4m $1.6bn $1.6bn 0.10% Added +968.2k +968,226
3 PRUDENTIAL PLC 7.84% of their portfolio LONDON, X0 13,006,93413.0m $1.0bn $1.0bn 7.84% Reduced -481.6k -481,646
4 ALLSTATE CORP 10.69% of their portfolio NORTHBROOK, IL 12,616,30012.6m $1.0bn $1.0bn 10.69% New
5 WELLS FARGO & COMPANY/MN 0.12% of their portfolio SAN FRANCISCO, CA 7,530,5827.5m $596.9m $596.9m 0.12% Added +1.2m +1,216,974
6 ENVESTNET ASSET MANAGEMENT INC 0.16% of their portfolio Berwyn, PA 7,395,5507.4m $586.2m $586.2m 0.16% Added +479.1k +479,087
7 NEPC LLC 9.57% of their portfolio Boston, MA 6,065,5676.1m $480.8m $480.8m 9.57% Added +302.3k +302,263
8 UBS Group AG 0.08% of their portfolio ZURICH, V8 5,907,2095.9m $468.3m $468.3m 0.08% Added +543.3k +543,314
9 ROYAL BANK OF CANADA 0.08% of their portfolio TORONTO, A6 5,266,5555.3m $417.5m $417.5m 0.08% Added +180.6k +180,613
10 BARINGS LLC 6.54% of their portfolio CHARLOTTE, NC 5,108,5275.1m $405.0m $405.0m 6.54% Unchanged
11 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 4,742,6344.7m $375.9m $375.9m 0.05% Added +1.5m +1,457,045
12 RAYMOND JAMES FINANCIAL INC 0.09% of their portfolio ST. PETERSBURG, FL 3,870,5193.9m $306.8m $306.8m 0.09% Added +77.8k +77,845
13 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 3,801,4733.8m $301.3m $301.3m 0.08% Added +389.4k +389,438
14 Sequoia Financial Advisors, LLC 1.63% of their portfolio Akron, OH 3,675,5623.7m $291.4m $291.4m 1.63% Added +225.7k +225,748
15 Bank of New York Mellon Corp 0.05% of their portfolio NEW YORK, NY 3,325,1193.3m $263.6m $263.6m 0.05% Added +388.9k +388,937
16 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.21% of their portfolio Toronto, A6 3,045,5423.0m $241.4m $241.4m 0.21% Reduced -172.0k -172,016
17 Financial Engines Advisors L.L.C. 0.48% of their portfolio SANTA CLARA, CA 2,960,8483.0m $234.7m $234.7m 0.48% Reduced -12.1k -12,066
18 MATHER GROUP, LLC. 2.24% of their portfolio CHICAGO, IL 2,834,3922.8m $224.7m $224.7m 2.24% Added +143.0k +143,021
19 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 2,790,8682.8m $221.9m $221.9m 0.05% Added +121.5k +121,527
20 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 3.77% of their portfolio Seattle, WA 2,738,9232.7m $217.1m $217.1m 3.77% Added +309.8k +309,827
21 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.12% of their portfolio MILWAUKEE, WI 2,442,8932.4m $193.6m $193.6m 0.12% Added +199.3k +199,340
22 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 1.21% of their portfolio Madrid, U3 2,195,7262.2m $173.2m $173.2m 1.21% Added +215.8k +215,775
23 Corient Private Wealth LP 0.25% of their portfolio MIAMI, FL 2,171,3252.2m $172.1m $172.1m 0.25% Reduced -2.1m -2,102,133
24 Cerity Partners LLC 0.20% of their portfolio NEW YORK, NY 1,790,6001.8m $141.9m $141.9m 0.20% Added +48.2k +48,207
25 South Dakota Investment Council 2.70% of their portfolio SIOUX FALLS, SD 1,785,3481.8m $141.5m $141.5m 2.70% Added +147.0k +147,000
26 Focus Partners Wealth 0.15% of their portfolio ST LOUIS, MO 1,744,6611.7m $138.3m $138.3m 0.15% Added +388.9k +388,928
27 TRUIST FINANCIAL CORP 0.18% of their portfolio CHARLOTTE, NC 1,722,8811.7m $136.6m $136.6m 0.18% Added +21.2k +21,240
28 Allspring Global Investments Holdings, LLC 0.20% of their portfolio CHARLOTTE, NC 1,472,8951.5m $116.8m $116.8m 0.20% New
29 WestEnd Advisors, LLC 2.79% of their portfolio CHARLOTTE, NC 1,456,5491.5m $115.5m $115.5m 2.79% Added +40.0k +40,036
30 Strategic Financial Services, Inc. 5.48% of their portfolio UTICA, NY 1,451,1491.5m $115.0m $115.0m 5.48% Added +284.5k +284,475
31 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 1,390,1261.4m $110.2m $110.2m 0.10% Added +175.0k +175,012
32 MAI Capital Management 0.62% of their portfolio INDEPENDENCE, OH 1,384,3621.4m $109.7m $109.7m 0.62% Added +21.9k +21,938
33 Farther Finance Advisors, LLC 1.03% of their portfolio SAN FRANCISCO, CA 1,372,0551.4m $108.4m $108.4m 1.03% Added +308.7k +308,720
34 Creative Planning 0.07% of their portfolio OVERLAND PARK, KS 1,325,2501.3m $105.1m $105.1m 0.07% Added +97.9k +97,879
35 Steele Capital Management, Inc. 4.26% of their portfolio DUBUQUE, IA 1,296,4791.3m $102.8m $102.8m 4.26% Added +133.3k +133,264
36 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,294,5271.3m $102.3m $102.3m 0.01% Reduced -248.0k -248,017
37 RW Investment Management LLC 9.78% of their portfolio Eagle, ID 1,274,8241.3m $101.1m $101.1m 9.78% First filing
38 OAKWORTH CAPITAL, INC. 5.29% of their portfolio BIRMINGHAM, AL 1,260,5941.3m $99.9m $99.9m 5.29% Added +82.7k +82,658
39 BARCLAYS PLC 0.04% of their portfolio LONDON, X0 1,250,0011.3m $99.1m $99.1m 0.04% Added +616.2k +616,240
40 Cetera Investment Advisers 0.10% of their portfolio SCHAUMBURG, IL 1,203,1851.2m $95.4m $95.4m 0.10% Reduced -52.0k -51,958
41 CWM, LLC 0.23% of their portfolio OMAHA, NE 1,121,3001.1m $88.9m $88.9m 0.23% Added +114.3k +114,267
42 BANK OF MONTREAL /CAN/ 0.04% of their portfolio TORONTO, A6 1,076,1431.1m $85.3m $85.3m 0.04% Added +43.9k +43,874
43 Busey Bank 2.30% of their portfolio URBANA, IL 1,067,7231.1m $84.6m $84.6m 2.30% Added +99.7k +99,701
44 First Financial Bankshares Inc 1.68% of their portfolio Abilene, TX 1,050,4541.1m $83.3m $83.3m 1.68% Added +24.4k +24,412
45 Hilton Capital Management, LLC 6.25% of their portfolio Garden City, NY 1,044,3951.0m $82.8m $82.8m 6.25% Added +51.8k +51,783
46 Stonebridge Capital Advisors LLC 5.59% of their portfolio ST PAUL, MN 1,006,6971.0m $79.8m $79.8m 5.59% Added +56.9k +56,912
47 Kohmann Bosshard Financial Services, LLC 7.61% of their portfolio FAIRLAWN, OH 986,016986.0k $78.2m $78.2m 7.61% Added +104.9k +104,874
48 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 970,506970.5k $76.9m $76.9m 0.01% Reduced -10.0k -10,000
49 Smithfield Trust Co 3.32% of their portfolio PITTSBURGH, PA 960,551960.6k $76.2m $76.2m 3.32% Added +97 +97
50 KEYBANK NATIONAL ASSOCIATION/OH 0.28% of their portfolio BROOKLYN, OH 954,549954.5k $75.7m $75.7m 0.28% Reduced -172.8k -172,805
51 Baird Financial Group, Inc. 0.12% of their portfolio MILWAUKEE, WI 943,634943.6k $74.8m $74.8m 0.12% Added +93.9k +93,910
52 Rockbridge Investment Management, LCC 6.70% of their portfolio Syracuse, NY 940,481940.5k $74.6m $74.6m 6.70% Added +60.8k +60,764
53 Valeo Financial Advisors, LLC 1.65% of their portfolio CARMEL, IN 924,881924.9k $68.8m $68.8m 1.65% Added +42.1k +42,052
54 OSAIC HOLDINGS, INC. 0.11% of their portfolio SCOTTSDALE, AZ 907,202907.2k $71.9m $71.9m 0.11% Added +84.7k +84,667
55 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 894,451894.5k $70.9m $70.9m 0.05% Added +375.9k +375,917
56 RiverFront Investment Group, LLC 1.08% of their portfolio RICHMOND, VA 882,235882.2k $69.9m $69.9m 1.08% Added +11.6k +11,597
57 Lutz Financial Services LLC 4.59% of their portfolio OMAHA, NE 861,445861.4k $68.3m $68.3m 4.59% Added +41.9k +41,920
58 Modera Wealth Management, LLC 0.82% of their portfolio WESTWOOD, NJ 860,315860.3k $68.2m $68.2m 0.82% Reduced -52.8k -52,838
59 Quantum Financial Planning Services, Inc. 24.35% of their portfolio SPOKANE, WA 855,072855.1k $67.8m $67.8m 24.35% Added +47.0k +46,968
60 BEACON INVESTMENT ADVISORY SERVICES, INC. 2.79% of their portfolio MORRISTOWN, NJ 846,634846.6k $67.1m $67.1m 2.79% Added +25.3k +25,346
61 DAVENPORT & Co LLC 0.37% of their portfolio RICHMOND, VA 843,308843.3k $66.8m $66.8m 0.37% Added +24.8k +24,753
62 Mariner, LLC 0.08% of their portfolio Overland Park, KS 833,855833.9k $66.1m $66.1m 0.08% Added +53.4k +53,354
63 Rockefeller Capital Management L.P. 0.11% of their portfolio NEW YORK, NY 799,474799.5k $63.4m $63.4m 0.11% Added +68.1k +68,125
64 BENJAMIN EDWARDS INC 0.61% of their portfolio Clayton, MO 777,684777.7k $61.6m $61.6m 0.61% Added +92.6k +92,626
65 COMMONWEALTH EQUITY SERVICES, LLC 0.09% of their portfolio WALTHAM, MA 772,801772.8k $61.3m $61.3m 0.09% Reduced -3.1k -3,149
66 Resonant Capital Advisors, LLC 3.20% of their portfolio Madison, WI 769,710769.7k $61.0m $61.0m 3.20% Reduced -93.6k -93,618
67 North Star Investment Management Corp. 3.55% of their portfolio CHICAGO, IL 739,077739.1k $58.6m $58.6m 3.55% Added +75.5k +75,463
68 Liquid Strategies, LLC 12.42% of their portfolio ATLANTA, GA 729,360729.4k $57.8m $57.8m 12.42% Added +97.7k +97,708
69 Retirement Systems of Alabama 0.19% of their portfolio MONTGOMERY, AL 705,675705.7k $55.9m $55.9m 0.19% Added +43.9k +43,850
70 BARTLETT & CO. WEALTH MANAGEMENT LLC 0.71% of their portfolio CINCINNATI, OH 704,350704.4k $55.6m $55.6m 0.71% Reduced -6.6k -6,613
71 TD PRIVATE CLIENT WEALTH LLC 1.14% of their portfolio NEW YORK, NY 694,996695.0k $55.1m $55.1m 1.14% Added +61.7k +61,672
72 BANK OF NOVA SCOTIA 0.10% of their portfolio TORONTO, A6 685,785685.8k $54.4m $54.4m 0.10% Added +232.5k +232,507
73 Capital Investment Services of America, Inc. 5.61% of their portfolio MILWAUKEE, WI 678,330678.3k $53.8m $53.8m 5.61% Added +23.6k +23,641
74 CAPITOLIS LIQUID GLOBAL MARKETS LLC 0.32% of their portfolio NEW YORK, NY 644,100644.1k $51.1m $51.1m 0.32% First filing
75 PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio DES MOINES, IA 642,411642.4k $50.9m $50.9m 0.03% Added +4 +4
76 EXCHANGE TRADED CONCEPTS, LLC 0.39% of their portfolio Oklahoma City, OK 632,894632.9k $50.2m $50.2m 0.39% Added +25.7k +25,678
77 HighTower Advisors, LLC 0.05% of their portfolio CHICAGO, IL 626,996627.0k $49.7m $49.7m 0.05% Added +18.1k +18,146
78 Johnson Bixby & Associates, LLC 5.83% of their portfolio VANCOUVER, WA 593,452593.5k $47.0m $47.0m 5.83% Added +80.6k +80,645
79 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 588,766588.8k $46.7m $46.7m 0.03% Reduced -74.1k -74,146
80 EP Wealth Advisors, LLC 0.23% of their portfolio TORRANCE, CA 585,773585.8k $46.4m $46.4m 0.23% Reduced -264.3k -264,252
81 STEPHENS INC /AR/ 0.58% of their portfolio LITTLE ROCK, AR 579,894579.9k $46.0m $46.0m 0.58% Added +3.4k +3,387
82 PROFFITT & GOODSON INC 7.01% of their portfolio KNOXVILLE, TN 573,702573.7k $45.5m $45.5m 7.01% Reduced -20.2k -20,160
83 BCK Partners, Inc. 24.41% of their portfolio Corning, NY 570,255570.3k $45.2m $45.2m 24.41% Added +16.2k +16,239
84 GSA CAPITAL PARTNERS LLP 2.76% of their portfolio LONDON, X0 559,719559.7k $44.4m $44.4m 2.76% Added +499.1k +499,149
85 Beacon Capital Management, Inc. 2.47% of their portfolio DAYTON, OH 555,117555.1k $44.0m $44.0m 2.47% New
86 FRANKLIN RESOURCES INC 0.01% of their portfolio San Mateo, CA 548,106548.1k $43.4m $43.4m 0.01% Added +38.0k +37,952
87 Eaton-Cambridge Inc. 13.59% of their portfolio PHOENIX, AZ 547,927547.9k $43.4m $43.4m 13.59% Reduced -70.6k -70,607
88 Marks Wealth, LLC 11.42% of their portfolio ELLICOTT CITY, MD 547,376547.4k $43.4m $43.4m 11.42% Added +136.2k +136,194
89 AMI INVESTMENT MANAGEMENT INC 9.71% of their portfolio KENDALLVILLE, IN 544,670544.7k $43.2m $43.2m 9.71% Added +17.8k +17,758
90 FIRST NATIONAL BANK & TRUST CO OF NEWTOWN 8.89% of their portfolio NEWTOWN, PA 519,925519.9k $41.2m $41.2m 8.89% Reduced -94.2k -94,152
91 Zurich Insurance Group Ltd/FI 0.32% of their portfolio ZURICH, V8 512,721512.7k $40.6m $40.6m 0.32% Unchanged
92 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 2.57% of their portfolio KNOXVILLE, TN 507,562507.6k $40.2m $40.2m 2.57% Added +14.9k +14,875
93 Allen Investment Management, LLC 0.47% of their portfolio NEW YORK, NY 480,878480.9k $38.1m $38.1m 0.47% Reduced -13.2k -13,158
94 FIDELIS iM, LLC 14.36% of their portfolio MEDFORD, OR 478,658478.7k $37.9m $37.9m 14.36% Reduced -3.1k -3,059
95 Wealthspire Advisors, LLC 0.30% of their portfolio NEW YORK, NY 477,022477.0k $37.8m $37.8m 0.30% Added +11.2k +11,239
96 Aptus Capital Advisors, LLC 0.31% of their portfolio FAIRHOPE, AL 463,552463.6k $36.7m $36.7m 0.31% Added +7.1k +7,125
97 Efficient Advisors, LLC 2.59% of their portfolio BEAVERTON, OR 459,757459.8k $36.4m $36.4m 2.59% Added +14.8k +14,763
98 American Money Management, LLC 5.64% of their portfolio Rancho Santa Fe, CA 449,553449.6k $35.6m $35.6m 5.64% Added +10.7k +10,701
99 Sunburst Financial Group, LLC 6.85% of their portfolio VESTAVIA HILLS, AL 449,262449.3k $35.6m $35.6m 6.85% Added +7.5k +7,519
100 MERCER GLOBAL ADVISORS INC /ADV 0.05% of their portfolio DENVER, CO 447,643447.6k $35.5m $35.5m 0.05% Reduced -155.4k -155,398