Vault-13

VANGUARD SCOTTSDALE FDS VTWG

VNG RUS2000GRW · ETP · CUSIP 92206C623

192 institutional holders +25 vs Q3 2025
2,495,5922.5m shares reported held*
$590.1mreported value*
25 new 55 added 57 reduced 9 sold out net bought ≈ $47.8m (+203.4k 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 ($127.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $236.48. Options: 1 managers hold calls ($70.8k notional), 1 hold puts ($495.6k).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 118Q4 22: 129Q1 23: 122Q2 23: 122Q3 23: 134Q4 23: 144Q1 24: 148Q2 24: 146Q3 24: 152Q4 24: 165Q1 25: 159Q2 25: 163Q3 25: 167Q4 25: 192192Q3 22Q2 23Q1 24Q4 24Q4 25
Numbers
QuarterHolders
Q3 2022118
Q4 2022129
Q1 2023122
Q2 2023122
Q3 2023134
Q4 2023144
Q1 2024148
Q2 2024146
Q3 2024152
Q4 2024165
Q1 2025159
Q2 2025163
Q3 2025167
Q4 2025192

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q1 24: 68 bought or addedQ1 24: 61 cut or sold outQ2 24: 62 bought or addedQ2 24: 49 cut or sold outQ2 24Q3 24: 73 bought or addedQ3 24: 52 cut or sold outQ4 24: 72 bought or addedQ4 24: 57 cut or sold outQ4 24Q1 25: 69 bought or addedQ1 25: 66 cut or sold outQ2 25: 79 bought or addedQ2 25: 56 cut or sold outQ2 25Q3 25: 67 bought or addedQ3 25: 63 cut or sold outQ4 25: 80 bought or addedQ4 25: 66 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 20246861
Q2 20246249
Q3 20247352
Q4 20247257
Q1 20256966
Q2 20257956
Q3 20256763
Q4 20258066

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ1 25 calls: $93.2kQ1 25 puts: $186.4kQ1 25P/C 2.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $46.8kQ3 25 puts: $490.9kQ3 25P/C 10.50Q4 25 calls: $70.8kQ4 25 puts: $495.6kQ4 25P/C 7.00
Numbers
QuarterCallsPutsP/C
Q1 2025$93.2k$186.4k2.00
Q2 2025$0$0—
Q3 2025$46.8k$490.9k10.50
Q4 2025$70.8k$495.6k7.00

Biggest buyers

MORGAN STANLEY Added +98,022+98.0k
Systelligence, LLC New +72,824+72.8k
QUEST INVESTMENT MANAGEMENT LLC New +66,964+67.0k
Virtue Capital Management, LLC Added +20,800+20.8k
Sound Income Strategies, LLC Added +14,612+14.6k
BANK OF AMERICA CORP /DE/ Added +9,899+9.9k
AQR CAPITAL MANAGEMENT LLC New +9,729+9.7k
D.A. DAVIDSON & CO. New +9,380+9.4k
Private Advisor Group, LLC Added +9,374+9.4k
CITADEL ADVISORS LLC Added +4,660+4.7k

Biggest sellers

SILVERCREST ASSET MANAGEMENT GROUP LLC Reduced -33,015-33.0k
WESTWOOD HOLDINGS GROUP INC Reduced -22,066-22.1k
JPMORGAN CHASE & CO Reduced -15,724-15.7k
ASSETMARK, INC Reduced -11,283-11.3k
TRUIST FINANCIAL CORP Reduced -8,361-8.4k
Pathstone Holdings, LLC Reduced -6,223-6.2k
CITIGROUP INC Sold out -6,033-6.0k
ENVESTNET ASSET MANAGEMENT INC Reduced -5,885-5.9k
TD Waterhouse Canada Inc. Reduced -4,847-4.8k
LJI Wealth Management, LLC Reduced -4,022-4.0k

Biggest calls

Belvedere Trading LLC Added $70.8k300 shares

Biggest puts

Belvedere Trading LLC Unchanged $495.6k2.1k 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 313,602313.6k $74.0m $74.0m 0.01% Added +9.9k +9,899
2 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 219,855219.9k $51.9m $51.9m 0.00% Added +98.0k +98,022
3 Pathstone Holdings, LLC 0.16% of their portfolio ENGLEWOOD, NJ 171,378171.4k $40.4m $40.4m 0.16% Reduced -6.2k -6,223
4 ASSETMARK, INC 0.06% of their portfolio CONCORD, CA 114,359114.4k $27.0m $27.0m 0.06% Reduced -11.3k -11,283
5 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 102,626102.6k $24.2m $24.2m 0.04% Reduced -3.5k -3,516
6 Systelligence, LLC 3.27% of their portfolio BLOOMINGTON, MN 72,82472.8k $17.2m $17.2m 3.27% New
7 QUEST INVESTMENT MANAGEMENT LLC 1.70% of their portfolio LAKE OSWEGO, OR 66,96467.0k $15.8m $15.8m 1.70% New
8 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 65,31465.3k $15.4m $15.4m 0.00% Added +487 +487
9 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 65,15965.2k $15.4m $15.4m 0.00% Added +543 +543
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 63,93263.9k $15.1m $15.1m 0.00% Reduced -507 -507
11 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 42,31942.3k $10.0m $10.0m 0.00% Added +973 +973
12 UBS Group AG 0.00% of their portfolio ZURICH, V8 42,28842.3k $10.0m $10.0m 0.00% Reduced -429 -429
13 WESTWOOD HOLDINGS GROUP INC 0.08% of their portfolio DALLAS, TX 42,15442.2k $9.9m $9.9m 0.08% Reduced -22.1k -22,066
14 WestHill Financial Advisors, Inc. 1.84% of their portfolio San Rafael, CA 40,99641.0k $9.7m $9.7m 1.84% Added +3 +3
15 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 40,43840.4k $9.5m $9.5m 0.02% Reduced -199 -199
16 Sound Income Strategies, LLC 0.46% of their portfolio FT LAUDERDALE, FL 38,36138.4k $9.8m $9.8m 0.46% Added +14.6k +14,612
17 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 37,52037.5k $8.9m $8.9m 0.01% Reduced -662 -662
18 Kestra Advisory Services, LLC 0.03% of their portfolio AUSTIN, TX 34,56734.6k $8.2m $8.2m 0.03% Added +386 +386
19 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.05% of their portfolio NEW YORK, NY 33,64233.6k $7.9m $7.9m 0.05% Reduced -33.0k -33,015
20 Institute for Wealth Management, LLC. 0.84% of their portfolio DENVER, CO 33,56233.6k $7.9m $7.9m 0.84% Unchanged
21 LJI Wealth Management, LLC 1.20% of their portfolio INDIANAPOLIS, IN 33,18933.2k $7.8m $7.8m 1.20% Reduced -4.0k -4,022
22 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 32,93732.9k $7.8m $7.8m 0.00% Reduced -5.9k -5,885
23 CWM, LLC 0.02% of their portfolio OMAHA, NE 30,18530.2k $7.1m $7.1m 0.02% Reduced -2.3k -2,268
24 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 27,92027.9k $6.6m $6.6m 0.01% Reduced -1.3k -1,269
25 Fifth Third Securities, Inc. 0.40% of their portfolio Cincinnati, OH 25,90525.9k $6.1m $6.1m 0.40% Reduced -472 -472
26 Virtue Capital Management, LLC 0.89% of their portfolio BRENTWOOD, TN 24,11324.1k $5.8m $5.8m 0.89% Added +20.8k +20,800
27 RIVERSEDGE ADVISORS, LLC 0.87% of their portfolio Wilmington, DE 22,65222.7k $5.3m $5.3m 0.87% Reduced -770 -770
28 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 21,24921.2k $5.0m $5.0m 0.01% Unchanged
29 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 20,29920.3k $4.8m $4.8m 0.00% Added +4.5k +4,535
30 AMG National Trust Bank 0.11% of their portfolio GREENWOOD VILLAGE, CO 19,62419.6k $4.6m $4.6m 0.11% Added +1.5k +1,497
31 TD Waterhouse Canada Inc. 0.03% of their portfolio TORONTO, A6 18,86218.9k $4.5m $4.5m 0.03% Reduced -4.8k -4,847
32 Brandywine Asset Management, Inc. 3.15% of their portfolio THORNTON, PA 18,52418.5k $4.5m $4.5m 3.15% First filing
33 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 17,88517.9k $4.2m $4.2m 0.00% Added +96 +96
34 RWA WEALTH PARTNERS, LLC 0.04% of their portfolio BOSTON, MA 17,18117.2k $4.1m $4.1m 0.04% Reduced -559 -559
35 Centric Wealth Management 0.90% of their portfolio CHICAGO, IL 17,15217.2k $4.2m $4.2m 0.90% Reduced -367 -367
36 Allegheny Financial Group 0.58% of their portfolio Pittsburgh, PA 16,65416.7k $3.9m $3.9m 0.58% Added +457 +457
37 IVC Wealth Advisors LLC 1.62% of their portfolio SILVERDALE, PA 15,82915.8k $3.7m $3.7m 1.62% Added +363 +363
38 COMMERCE BANK 0.02% of their portfolio KANSAS CITY, MO 14,61914.6k $3.4m $3.4m 0.02% Added +1.2k +1,160
39 Private Advisor Group, LLC 0.02% of their portfolio MORRISTOWN, NJ 13,69213.7k $3.2m $3.2m 0.02% Added +9.4k +9,374
40 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 13,24813.2k $3.1m $3.1m 0.00% Reduced -621 -621
41 Parkside Financial Bank & Trust 0.21% of their portfolio SAINT LOUIS, MO 11,98212.0k $2.8m $2.8m 0.21% Added +884 +884
42 National Philanthropic Trust 0.03% of their portfolio Jenkintown, PA 11,91111.9k $2.8m $2.8m 0.03% Unchanged
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 11,73411.7k $2.8m $2.8m 0.00% Reduced -15.7k -15,724
44 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 11,67511.7k $2.8m $2.8m 0.01% Unchanged
45 Summit Financial, LLC 0.04% of their portfolio PARSIPPANY, NJ 11,36111.4k $2.7m $2.7m 0.04% Reduced -118 -118
46 Vermillion Wealth Management, Inc. 1.06% of their portfolio ROSEMOUNT, MN 10,95111.0k $2.6m $2.6m 1.06% Reduced -84 -84
47 Concurrent Investment Advisors, LLC 0.03% of their portfolio Tampa, FL 10,73610.7k $2.5m $2.5m 0.03% Added +222 +222
48 Grey Fox Wealth Advisors, LLC 0.51% of their portfolio ROCKLAND, DE 10,50910.5k $2.5m $2.5m 0.51% Reduced -472 -472
49 Savant Capital, LLC 0.01% of their portfolio ROCKFORD, IL 10,37210.4k $2.4m $2.4m 0.01% Reduced -45 -45
50 Keystone Global Partners, LLC 1.04% of their portfolio DENVER, CO 10,03310.0k $2.4m $2.4m 1.04% Reduced -616 -616
51 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 9,7299.7k $2.3m $2.3m 0.00% New
52 NYL Investors LLC 0.76% of their portfolio NEW YORK, NY 9,4829.5k $2.2m $2.2m 0.76% Added +4.2k +4,171
53 Clearstead Advisors, LLC 0.03% of their portfolio CLEVELAND, OH 9,4339.4k $2.2m $2.2m 0.03% Added +1 +1
54 D.A. DAVIDSON & CO. 0.01% of their portfolio GREAT FALLS, MT 9,3809.4k $2.2m $2.2m 0.01% New
55 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 9,2969.3k $2.2m $2.2m 0.00% Reduced -8.4k -8,361
56 Bragg Financial Advisors, Inc 0.07% of their portfolio CHARLOTTE, NC 9,1909.2k $2.2m $2.2m 0.07% Reduced -93 -93
57 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 8,4298.4k $2.0m $2.0m 0.00% Added +4.7k +4,660
58 GREAT VALLEY ADVISOR GROUP, INC. 0.04% of their portfolio WILMINGTON, DE 8,2218.2k $1.9m $1.9m 0.04% Reduced -471 -471
59 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 8,0298.0k $1.9m $1.9m 0.00% Added +28 +28
60 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 7,8937.9k $1.9m $1.9m 0.00% Reduced -2.2k -2,232
61 Equitable Holdings, Inc. 0.01% of their portfolio NEW YORK, NY 7,8757.9k $1.9m $1.9m 0.01% Reduced -92 -92
62 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 7,0617.1k $1.7m $1.7m 0.02% Added +705 +705
63 Gladstone Institutional Advisory LLC 0.06% of their portfolio Bedminster, NJ 7,0277.0k $1.7m $1.7m 0.06% Reduced -367 -367
64 OPPENHEIMER ASSET MANAGEMENT INC. 0.02% of their portfolio NEW YORK, NY 7,0207.0k $1.7m $1.7m 0.02% Reduced -355 -355
65 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 6,5566.6k $1.5m $1.5m 0.00% Added +406 +406
66 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 6,1826.2k $1.5m $1.5m 0.00% Reduced -1.2k -1,199
67 LBJ Family Wealth Advisors, Ltd. 0.79% of their portfolio AUSTIN, TX 6,1226.1k $1.4m $1.4m 0.79% Added +357 +357
68 Prosperity Consulting Group, LLC 0.06% of their portfolio OWINGS MILLS, MD 5,6415.6k $1.3m $1.3m 0.06% Reduced -2.8k -2,830
69 DEROY & DEVEREAUX PRIVATE INVESTMENT COUNSEL INC 0.06% of their portfolio BLOOMFIELD HILLS, MI 5,4535.5k $1.3m $1.3m 0.06% Reduced -1.9k -1,925
70 Stratos Wealth Partners, LTD. 0.01% of their portfolio BEACHWOOD, OH 5,3035.3k $1.3m $1.3m 0.01% Reduced -112 -112
71 MIdWestOne Financial Group, Inc. 0.13% of their portfolio Iowa City, IA 4,9094.9k $1.2m $1.2m 0.13% Added +104 +104
72 FourThought Financial Partners, LLC 0.10% of their portfolio VENICE, FL 4,8674.9k $1.1m $1.1m 0.10% Added +337 +337
73 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 4,5084.5k $1.1m $1.1m 0.00% Reduced -1.9k -1,854
74 VANCE WEALTH, LLC 0.29% of their portfolio SANTA CLARITA, CA 4,1954.2k $990.1k $990.1k 0.29% Reduced -254 -254
75 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 4,0624.1k $958.6k $958.6k 0.00% Added +715 +715
76 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 3,9994.0k $944.0k $944.0k 0.00% Unchanged
77 FIRST NATIONAL BANK OF OMAHA 0.03% of their portfolio OMAHA, NE 3,8303.8k $911.1k $911.1k 0.03% New
78 COMERICA BANK 0.00% of their portfolio DALLAS, TX 3,7243.7k $878.8k $878.8k 0.00% Added +2.0k +1,952
79 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 3,7243.7k $878.8k $878.8k 0.00% Reduced -279 -279
80 Financial Engines Advisors L.L.C. 0.00% of their portfolio SANTA CLARA, CA 3,7153.7k $876.7k $876.7k 0.00% Added +44 +44
81 1900 WEALTH MANAGEMENT LLC 0.06% of their portfolio SAN ANTONIO, TX 3,6693.7k $865.9k $865.9k 0.06% Added +242 +242
82 MONETA GROUP INVESTMENT ADVISORS LLC 0.01% of their portfolio ST LOUIS, MO 3,5363.5k $834.4k $834.4k 0.01% Added +2 +2
83 AMERICAN FINANCIAL & TAX STRATEGIES INC 0.41% of their portfolio NEW YORK, NY 3,5113.5k $828.5k $828.5k 0.41% Reduced -30 -30
84 Mariner, LLC 0.00% of their portfolio Overland Park, KS 3,1993.2k $754.9k $754.9k 0.00% Added +225 +225
85 Elm3 Financial Group, LLC 0.63% of their portfolio ALPHARETTA, GA 3,1943.2k $753.8k $753.8k 0.63% New
86 Gotham Asset Management, LLC 0.00% of their portfolio NEW YORK, NY 3,0003.0k $708.0k $708.0k 0.00% Unchanged
87 Chicago Partners Investment Group LLC 0.02% of their portfolio CHICAGO, IL 2,9983.0k $759.4k $759.4k 0.02% Added +7 +7
88 Nvest Financial, LLC 0.29% of their portfolio PORTSMOUTH, NH 2,9372.9k $693.1k $693.1k 0.29% New
89 Curi Capital, LLC 0.01% of their portfolio CHICAGO, IL 2,9212.9k $689.3k $689.3k 0.01% Unchanged
90 Michels Family Financial, LLC 0.48% of their portfolio FORT WORTH, TX 2,7772.8k $655.4k $655.4k 0.48% Reduced -4 -4
91 MATHER GROUP, LLC. 0.01% of their portfolio CHICAGO, IL 2,6312.6k $620.9k $620.9k 0.01% Unchanged
92 Arkadios Wealth Advisors 0.01% of their portfolio ATLANTA, GA 2,5022.5k $590.4k $590.4k 0.01% Reduced -1.2k -1,199
93 Mill Creek Capital Advisors, LLC 0.01% of their portfolio Conshohocken, PA 2,3992.4k $566.0k $566.0k 0.01% Unchanged
94 Kelsey Financial, LLC 0.46% of their portfolio MOORPARK, CA 2,2492.2k $530.7k $530.7k 0.46% First filing
95 WealthShield Partners, LLC 0.06% of their portfolio CARY, NC 2,1902.2k $516.7k $516.7k 0.06% Added +466 +466
96 ROFFMAN MILLER ASSOCIATES INC /PA/ 0.03% of their portfolio PHILADELPHIA, PA 2,1652.2k $510.9k $510.9k 0.03% Added +6 +6
97 MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio DENVER, CO 2,0332.0k $479.7k $479.7k 0.00% Added +101 +101
98 Modera Wealth Management, LLC 0.01% of their portfolio WESTWOOD, NJ 2,0262.0k $478.1k $478.1k 0.01% Added +5 +5
99 Cornerstone Wealth Management, LLC 0.02% of their portfolio ST. PETERS, MO 2,0212.0k $476.9k $476.9k 0.02% Added +356 +356
100 First Citizens Asset Management, Inc. 0.15% of their portfolio RALEIGH, NC 1,8741.9k $442.2k $442.2k 0.15% Reduced -151 -151