Vault-13

VANGUARD SCOTTSDALE FDS VTWO

VNG RUS2000IDX · ETP · CUSIP 92206C664

466 institutional holders +57 vs Q3 2023
64,263,19964.3m shares reported held*
$5.2bnreported value*
64 new 177 added 118 reduced 28 sold out net bought ≈ $708.4m (+8.6m 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 ($887.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $81.05. Options: 3 managers hold calls ($6.7m notional), 4 hold puts ($4.4m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 376Q4 22: 415Q1 23: 409Q2 23: 414Q3 23: 409Q4 23: 466466Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022376
Q4 2022415
Q1 2023409
Q2 2023414
Q3 2023409
Q4 2023466

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 213 bought or addedQ4 22: 129 cut or sold outQ4 22Q1 23: 199 bought or addedQ1 23: 159 cut or sold outQ1 23Q2 23: 209 bought or addedQ2 23: 163 cut or sold outQ2 23Q3 23: 204 bought or addedQ3 23: 157 cut or sold outQ3 23Q4 23: 241 bought or addedQ4 23: 146 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022213129
Q1 2023199159
Q2 2023209163
Q3 2023204157
Q4 2023241146

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ1 23 calls: $4.9mQ1 23 puts: $1.9mQ1 23P/C 0.38Q2 23 calls: $3.3mQ2 23 puts: $1.4mQ2 23P/C 0.42Q3 23 calls: $3.0mQ3 23 puts: $3.0mQ3 23P/C 1.01Q4 23 calls: $6.7mQ4 23 puts: $4.4mQ4 23P/C 0.65
Numbers
QuarterCallsPutsP/C
Q1 2023$4.9m$1.9m0.38
Q2 2023$3.3m$1.4m0.42
Q3 2023$3.0m$3.0m1.01
Q4 2023$6.7m$4.4m0.65

Biggest buyers

MORGAN STANLEY Added +6,703,549+6.7m
JPMORGAN CHASE & CO Added +2,424,603+2.4m
BANK OF AMERICA CORP /DE/ Added +1,369,727+1.4m
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +383,604+383.6k
JONES FINANCIAL COMPANIES LLLP Added +266,190+266.2k
GTS SECURITIES LLC New +224,978+225.0k
UBS Group AG Added +218,283+218.3k
HRT FINANCIAL LP New +216,955+217.0k
NATIXIS ADVISORS, LLC Added +208,475+208.5k
ROYAL BANK OF CANADA Added +160,557+160.6k

Biggest sellers

Mirae Asset Global Investments Co., Ltd. Reduced -2,881,935-2.9m
EVOKE WEALTH, LLC Sold out -523,972-524.0k
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO Reduced -400,000-400.0k
CITADEL ADVISORS LLC Reduced -253,509-253.5k
GOLDMAN SACHS GROUP INC Reduced -107,348-107.3k
Phoenix Financial Ltd. Reduced -105,138-105.1k
AE Wealth Management LLC Reduced -102,329-102.3k
Lido Advisors, LLC Reduced -72,607-72.6k
IMC-Chicago, LLC Sold out -66,142-66.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -64,172-64.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.0m49.2k shares
CITADEL ADVISORS LLC Added $2.7m33.7k shares
Cutler Group LLC / CA Added $17.0k3.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.1m38.4k shares
CITADEL ADVISORS LLC Added $835.3k10.3k shares
WOLVERINE TRADING, LLC New $405.5k5.0k shares
Cutler Group LLC / CA Reduced $02.1k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.14% of their portfolio CHARLOTTE, NC 14,690,52814.7m $1.2bn $1.2bn 0.14% Added +1.4m +1,369,727
2 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 13,388,99013.4m $1.1bn $1.1bn 0.05% Added +6.7m +6,703,549
3 Mirae Asset Global Investments Co., Ltd. 0.70% of their portfolio SEOUL, M5 4,271,7174.3m $346.4m $346.4m 0.70% Reduced -2.9m -2,881,935
4 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 3,095,4363.1m $251.0m $251.0m 0.01% Added +2.4m +2,424,603
5 NATIXIS ADVISORS, LLC 0.65% of their portfolio Boston, MA 3,049,7443.0m $247.3m $247.3m 0.65% Added +208.5k +208,475
6 JONES FINANCIAL COMPANIES LLLP 0.21% of their portfolio DES PERES, MO 1,708,0171.7m $138.5m $138.5m 0.21% Added +266.2k +266,190
7 STIFEL FINANCIAL CORP 0.16% of their portfolio ST. LOUIS, MO 1,608,9461.6m $130.5m $130.5m 0.16% Added +69.5k +69,532
8 UBS Group AG 0.05% of their portfolio ZURICH, V8 1,533,3721.5m $124.4m $124.4m 0.05% Added +218.3k +218,283
9 MACQUARIE GROUP LTD 0.13% of their portfolio Sydney, NSW 2000, C3 1,409,4961.4m $114.3m $114.3m 0.13% Added +14.0k +14,026
10 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,199,5831.2m $97.3m $97.3m 0.02% Reduced -107.3k -107,348
11 Venturi Wealth Management, LLC 3.75% of their portfolio AUSTIN, TX 654,428654.4k $53.1m $53.1m 3.75% Reduced -22.6k -22,604
12 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 646,677646.7k $52.4m $52.4m 0.01% Added +28.2k +28,197
13 Envestnet Portfolio Solutions, Inc. 0.21% of their portfolio BERWYN, PA 637,545637.5k $51.7m $51.7m 0.21% Added +67.2k +67,220
14 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 615,315615.3k $49.9m $49.9m 0.01% Added +99.6k +99,636
15 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 609,589609.6k $49.4m $49.4m 0.03% Added +45.2k +45,234
16 FRANKLIN RESOURCES INC 0.02% of their portfolio San Mateo, CA 596,265596.3k $48.4m $48.4m 0.02% Added +6.7k +6,685
17 FIRST CITIZENS BANK & TRUST CO 0.80% of their portfolio RALEIGH, NC 543,103543.1k $44.0m $44.0m 0.80% Added +49.8k +49,757
18 AE Wealth Management LLC 0.20% of their portfolio TOPEKA, KS 494,788494.8k $39.2m $39.2m 0.20% Reduced -102.3k -102,329
19 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 491,641491.6k $39.9m $39.9m 0.01% Added +160.6k +160,557
20 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 483,847483.8k $39.2m $39.2m 0.02% Reduced -64.2k -64,172
21 Janney Montgomery Scott LLC 0.11% of their portfolio PHILADELPHIA, PA 409,587409.6k $33.2m $33.2m 0.11% Added +27.8k +27,755
22 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio BALA CYNWYD, PA 383,604383.6k $31.1m $31.1m 0.05% New
23 Lido Advisors, LLC 0.29% of their portfolio Los Angeles, CA 360,682360.7k $29.3m $29.3m 0.29% Reduced -72.6k -72,607
24 RED CEDAR INVESTMENT MANAGEMENT, LLC 4.18% of their portfolio GRAND RAPIDS, MI 357,832357.8k $29.0m $29.0m 4.18% Added +939 +939
25 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.60% of their portfolio BOSTON, MA 334,836334.8k $27.2m $27.2m 0.60% Added +1.3k +1,330
26 CSM Advisors, LLC 1.58% of their portfolio WARRENDALE, PA 270,991271.0k $22.0m $22.0m 1.58% Added +1.2k +1,209
27 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 256,329256.3k $20.8m $20.8m 0.02% Reduced -5.1k -5,061
28 FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.13% of their portfolio Cincinnati, OH 238,620238.6k $19.4m $19.4m 0.13% Unchanged
29 GTS SECURITIES LLC 0.39% of their portfolio NEW YORK, NY 224,978225.0k $18.2m $18.2m 0.39% New
30 HRT FINANCIAL LP 0.13% of their portfolio NEW YORK, NY 216,955217.0k $17.6m $17.6m 0.13% New
31 Litman Gregory Wealth Management LLC 1.64% of their portfolio LARKSPUR, CA 213,502213.5k $17.3m $17.3m 1.64% Reduced -1.5k -1,515
32 Foster Group, Inc. 0.85% of their portfolio WEST DES MOINES, IA 195,129195.1k $13.9m $13.9m 0.85% Unchanged
33 S. R. Schill & Associates 6.91% of their portfolio MERCER ISLAND, WA 191,127191.1k $15.5m $15.5m 6.91% Added +800 +800
34 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 190,317190.3k $15.4m $15.4m 0.02% Added +6.5k +6,475
35 Cerity Partners LLC 0.05% of their portfolio NEW YORK, NY 185,102185.1k $15.0m $15.0m 0.05% Added +82.5k +82,550
36 Global Strategic Investment Solutions, LLC 1.80% of their portfolio Scottsdale, AZ 179,923179.9k $14.6m $14.6m 1.80% Reduced -22.2k -22,183
37 SCHRODER INVESTMENT MANAGEMENT GROUP 0.02% of their portfolio London, X0 177,216177.2k $14.4m $14.4m 0.02% Added +41.1k +41,100
38 Raymond James Financial Services Advisors, Inc. 0.02% of their portfolio ST. PETERSBURG, FL 173,285173.3k $14.1m $14.1m 0.02% Added +59.6k +59,588
39 LBMC INVESTMENT ADVISORS, LLC 1.19% of their portfolio BRENTWOOD, TN 154,873154.9k $12.6m $12.6m 1.19% Added +10.0k +10,029
40 NEOS Investment Management LLC 1.19% of their portfolio Westport, CT 154,591154.6k $12.5m $12.5m 1.19% Reduced -14.9k -14,909
41 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 152,442152.4k $12.4m $12.4m 0.05% Added +46.8k +46,778
42 Rockefeller Capital Management L.P. 0.04% of their portfolio NEW YORK, NY 151,324151.3k $12.3m $12.3m 0.04% Added +34.4k +34,372
43 Waverly Advisors, LLC 0.45% of their portfolio BIRMINGHAM, AL 147,525147.5k $12.0m $12.0m 0.45% Added +1.7k +1,703
44 LVW Advisors, LLC 2.11% of their portfolio PITTSFORD, NY 139,030139.0k $11.3m $11.3m 2.11% Added +19.7k +19,734
45 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 136,935136.9k $11.1m $11.1m 0.01% Added +8.0k +7,952
46 Atria Wealth Solutions, Inc. 0.14% of their portfolio NEW YORK, NY 132,535132.5k $10.7m $10.7m 0.14% Reduced -5.6k -5,554
47 Mariner, LLC 0.03% of their portfolio Overland Park, KS 131,349131.3k $10.7m $10.7m 0.03% Added +1.6k +1,613
48 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 128,206128.2k $10.4m $10.4m 0.02% Reduced -29.2k -29,243
49 SigFig Wealth Management, LLC 0.38% of their portfolio SAN FRANCISCO, CA 124,823124.8k $10.1m $10.1m 0.38% Reduced -21.3k -21,340
50 BROWN ADVISORY INC 0.01% of their portfolio BALTIMORE, MD 118,592118.6k $9.6m $9.6m 0.01% Added +67.8k +67,785
51 CIBC WORLD MARKET INC. 0.03% of their portfolio TORONTO, A6 111,174111.2k $9.0m $9.0m 0.03% Added +3.3k +3,252
52 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 0.64% of their portfolio BETHESDA, MD 110,000110.0k $8.9m $8.9m 0.64% Reduced -400.0k -400,000
53 Phoenix Financial Ltd. 0.14% of their portfolio Givatayim, L3 104,340104.3k $8.5m $8.5m 0.14% Reduced -105.1k -105,138
54 MOODY NATIONAL BANK TRUST DIVISION 0.65% of their portfolio GALVESTON, TX 103,622103.6k $8.4m $8.4m 0.65% Reduced -2.8k -2,815
55 Austin Private Wealth, LLC 1.05% of their portfolio Austin, TX 102,547102.5k $8.3m $8.3m 1.05% Reduced -13.1k -13,092
56 COMERICA BANK 0.04% of their portfolio DALLAS, TX 101,948101.9k $8.3m $8.3m 0.04% Added +3.6k +3,632
57 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 100,393100.4k $8.1m $8.1m 0.00% Added +48.8k +48,804
58 Thrivent Financial for Lutherans 0.02% of their portfolio Minneapolis, MN 98,14998.1k $8.0m $8.0m 0.02% Reduced -14.8k -14,844
59 Pathstone Holdings, LLC 0.04% of their portfolio ENGLEWOOD, NJ 93,22493.2k $7.6m $7.6m 0.04% First filing
60 Independent Order of Foresters 4.78% of their portfolio Toronto, A6 92,03392.0k $7.5m $7.5m 4.78% Unchanged
61 LODESTAR PRIVATE ASSET MANAGEMENT LLC 1.11% of their portfolio ALAMO, CA 89,04789.0k $7.2m $7.2m 1.11% Added +12.6k +12,628
62 Fusion Capital, LLC 3.68% of their portfolio MT. PLEASANT, SC 88,73988.7k $7.2m $7.2m 3.68% Reduced -14 -14
63 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 87,22887.2k $7.1m $7.1m 0.03% Reduced -19.7k -19,724
64 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 84,11484.1k $6.8m $6.8m 0.06% Added +12.7k +12,702
65 Cetera Advisor Networks LLC 0.04% of their portfolio EL SEGUNDO, CA 83,91083.9k $6.8m $6.8m 0.04% Added +4.8k +4,843
66 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 81,59081.6k $6.6m $6.6m 0.00% Added +26.6k +26,590
67 AVANTAX ADVISORY SERVICES, INC. 0.07% of their portfolio DALLAS, TX 81,27781.3k $6.6m $6.6m 0.07% Added +1.9k +1,852
68 Pegasus Partners Ltd. 0.76% of their portfolio MEQUON, WI 80,61980.6k $6.5m $6.5m 0.76% Added +1.4k +1,365
69 Vise Technologies, Inc. 1.35% of their portfolio NEW YORK, NY 77,57777.6k $6.3m $6.3m 1.35% Reduced -8.4k -8,353
70 GIRARD ADVISORY SERVICES, LLC 0.63% of their portfolio KING OF PRUSSIA, PA 76,85376.9k $6.2m $6.2m 0.63% Added +1.9k +1,888
71 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 75,13775.1k $6.1m $6.1m 0.01% Added +17.0k +16,992
72 9258 Wealth Management, LLC 1.07% of their portfolio BLUE ASH, OH 75,01475.0k $6.1m $6.1m 1.07% Added +3.3k +3,273
73 First Western Trust Bank 0.30% of their portfolio Denver, CO 73,35473.4k $5.9m $5.9m 0.30% Added +15.7k +15,698
74 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 68,37868.4k $5.5m $5.5m 0.00% Reduced -2.8k -2,824
75 BLAIR WILLIAM & CO/IL 0.02% of their portfolio CHICAGO, IL 64,48764.5k $5.2m $5.2m 0.02% Added +330 +330
76 First Citizens Asset Management, Inc. 2.05% of their portfolio RALEIGH, NC 63,13663.1k $5.1m $5.1m 2.05% Added +4.9k +4,909
77 CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC 1.90% of their portfolio BETHLEHEM, PA 62,18262.2k $5.0m $5.0m 1.90% Added +538 +538
78 Kiely Wealth Advisory Group, Inc. 2.83% of their portfolio OAK RIDGE, NC 61,49961.5k $4.9m $4.9m 2.83% First filing
79 McIlrath & Eck, LLC 0.85% of their portfolio ARLINGTON, WA 59,44959.4k $4.8m $4.8m 0.85% Added +8.3k +8,288
80 Financial & Tax Architects, LLC 1.35% of their portfolio ST LOUIS, MO 56,24556.2k $4.6m $4.6m 1.35% Reduced -3.9k -3,885
81 Zuckerman Investment Group, LLC 0.58% of their portfolio CHICAGO, IL 55,00055.0k $4.5m $4.5m 0.58% Added +14.5k +14,503
82 LJI Wealth Management, LLC 1.14% of their portfolio INDIANAPOLIS, IN 54,20054.2k $4.4m $4.4m 1.14% Added +18.3k +18,315
83 Koshinski Asset Management, Inc. 0.66% of their portfolio DECATUR, IL 53,40153.4k $4.3m $4.3m 0.66% Added +19.7k +19,724
84 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 52,63552.6k $4.3m $4.3m 0.01% Added +1.4k +1,390
85 Windward Private Wealth Management Inc. 1.77% of their portfolio OVERLAND PARK, KS 52,10252.1k $4.2m $4.2m 1.77% Added +1.9k +1,883
86 D.A. DAVIDSON & CO. 0.04% of their portfolio GREAT FALLS, MT 51,68051.7k $4.2m $4.2m 0.04% Added +1.5k +1,461
87 Brooklyn FI, LLC 1.91% of their portfolio NEW YORK, NY 50,10450.1k $4.1m $4.1m 1.91% New
88 HERBST GROUP, LLC 2.57% of their portfolio WESTPORT, CT 49,31549.3k $4.0m $4.0m 2.57% New
89 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 48,74648.7k $4.0m $4.0m 0.00% Added +11.5k +11,456
90 Allegiance Financial Group Advisory Services LLC 1.84% of their portfolio VIENNA, VA 48,22348.2k $3.9m $3.9m 1.84% Reduced -23 -23
91 Capstone Financial Advisors, Inc. 0.28% of their portfolio DOWNERS GROVE, IL 48,08948.1k $3.9m $3.9m 0.28% Added +5.0k +5,025
92 EisnerAmper Wealth Management Corporate Benefits, LLC 1.40% of their portfolio ISELIN, NJ 47,26447.3k $3.8m $3.8m 1.40% Reduced -2.1k -2,100
93 1900 WEALTH MANAGEMENT LLC 0.34% of their portfolio SAN ANTONIO, TX 45,97146.0k $3.7m $3.7m 0.34% Reduced -12.7k -12,678
94 COLDSTREAM CAPITAL MANAGEMENT INC 0.10% of their portfolio BELLEVUE, WA 44,90244.9k $3.6m $3.6m 0.10% Reduced -1.0k -1,005
95 OLD NATIONAL BANCORP /IN/ 0.10% of their portfolio EVANSVILLE, IN 44,82244.8k $3.6m $3.6m 0.10% Reduced -6.0k -5,951
96 COUNTRY CLUB BANK 0.28% of their portfolio KANSAS CITY, MO 44,31944.3k $3.7m $3.7m 0.28% Reduced -28.6k -28,560
97 St. Louis Trust Co 0.62% of their portfolio SAINT LOUIS, MO 44,31344.3k $3.6m $3.6m 0.62% Reduced -382 -382
98 SVB WEALTH LLC 0.09% of their portfolio BOSTON, MA 43,25843.3k $3.5m $3.5m 0.09% New
99 Simplicity Wealth,LLC 1.33% of their portfolio SUMMIT, NJ 42,37142.4k $3.4m $3.4m 1.33% Reduced -13.1k -13,073
100 Adero Partners, LLC 0.29% of their portfolio PLEASANTON, CA 41,76541.8k $3.4m $3.4m 0.29% Reduced -6.3k -6,278