Vault-13

VANGUARD SCOTTSDALE FDS VGIT

INTER TERM TREAS · ETP · CUSIP 92206C706

573 institutional holders +16 vs Q2 2023
227,149,101227.1m shares reported held*
$13.0bnreported value*
80 new 253 added 166 reduced 64 sold out net bought ≈ $4.0bn (+69.1m 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 ($27.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.18. Options: 3 managers hold calls ($1.3m notional), 3 hold puts ($1.0m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 441Q4 22: 496Q1 23: 513Q2 23: 557Q3 23: 573573Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022441
Q4 2022496
Q1 2023513
Q2 2023557
Q3 2023573

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 244 bought or addedQ4 22: 221 cut or sold outQ4 22Q1 23: 280 bought or addedQ1 23: 205 cut or sold outQ1 23Q2 23: 312 bought or addedQ2 23: 194 cut or sold outQ2 23Q3 23: 333 bought or addedQ3 23: 230 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022244221
Q1 2023280205
Q2 2023312194
Q3 2023333230

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ4 22 calls: $695.9kQ4 22 puts: $29.2kQ4 22P/C 0.04Q1 23 calls: $1.8mQ1 23 puts: $1.1mQ1 23P/C 0.63Q2 23 calls: $1.6mQ2 23 puts: $962.0kQ2 23P/C 0.59Q3 23 calls: $1.3mQ3 23 puts: $1.0mQ3 23P/C 0.79
Numbers
QuarterCallsPutsP/C
Q4 2022$695.9k$29.2k0.04
Q1 2023$1.8m$1.1m0.63
Q2 2023$1.6m$962.0k0.59
Q3 2023$1.3m$1.0m0.79

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +28,344,439+28.3m
SCS Capital Management LLC New +8,514,984+8.5m
MORGAN STANLEY Added +7,937,334+7.9m
FMR LLC Added +6,021,089+6.0m
JPMORGAN CHASE & CO Added +5,131,234+5.1m
Empower Advisory Group, LLC Added +4,150,652+4.2m
NEPC LLC Added +3,162,938+3.2m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +2,332,551+2.3m
GOLDMAN SACHS GROUP INC Added +1,316,956+1.3m
Creative Planning Added +685,190+685.2k

Biggest sellers

TD AMERITRADE INVESTMENT MANAGEMENT, LLC Reduced -2,578,539-2.6m
LJI Wealth Management, LLC Reduced -768,284-768.3k
Houlihan Financial Resource Group, Ltd. Reduced -501,363-501.4k
ORG Partners LLC Reduced -438,571-438.6k
Rain Capital Management, LLC Reduced -367,016-367.0k
Strategic Financial Services, Inc. Reduced -332,012-332.0k
Money Design Co.,Ltd. Sold out -311,091-311.1k
CITIGROUP INC Reduced -268,947-268.9k
WELLS FARGO & COMPANY/MN Reduced -265,311-265.3k
M&T Bank Corp Reduced -230,614-230.6k

Biggest calls

CITADEL ADVISORS LLC Reduced $685.8k12.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $634.4k11.1k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $845.8k14.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $200.0k3.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.21% of their portfolio CHARLOTTE, NC 30,474,03530.5m $1.7bn $1.7bn 0.21% Added +28.3m +28,344,439
2 JPMORGAN CHASE & CO 0.14% of their portfolio NEW YORK, NY 20,426,54620.4m $1.2bn $1.2bn 0.14% Added +5.1m +5,131,234
3 Empower Advisory Group, LLC 4.18% of their portfolio Greenwood Village, CO 16,554,92916.6m $946.1m $946.1m 4.18% Added +4.2m +4,150,652
4 MORGAN STANLEY 0.09% of their portfolio NEW YORK, NY 14,769,02214.8m $844.0m $844.0m 0.09% Added +7.9m +7,937,334
5 SCS Capital Management LLC 12.96% of their portfolio BOSTON, MA 8,514,9848.5m $486.6m $486.6m 12.96% New
6 Creative Planning 0.58% of their portfolio OVERLAND PARK, KS 7,572,7337.6m $432.8m $432.8m 0.58% Added +685.2k +685,190
7 RWA WEALTH PARTNERS, LLC 9.07% of their portfolio BOSTON, MA 7,281,3967.3m $416.1m $416.1m 9.07% Added +250.4k +250,374
8 STATE STREET CORP 0.02% of their portfolio BOSTON, MA 6,800,0006.8m $388.6m $388.6m 0.02% Unchanged
9 FMR LLC 0.03% of their portfolio BOSTON, MA 6,039,6316.0m $345.2m $345.2m 0.03% Added +6.0m +6,021,089
10 BUCKINGHAM STRATEGIC WEALTH, LLC 3.80% of their portfolio CLAYTON, MO 4,697,9424.7m $268.5m $268.5m 3.80% Added +378.8k +378,781
11 Fisher Asset Management, LLC 0.14% of their portfolio PLANO, TX 4,231,9994.2m $241.9m $241.9m 0.14% Reduced -52.3k -52,334
12 UBS Group AG 0.10% of their portfolio ZURICH, V8 3,634,2393.6m $207.7m $207.7m 0.10% Reduced -9.8k -9,760
13 MATHER GROUP, LLC. 3.52% of their portfolio CHICAGO, IL 3,462,7803.5m $197.9m $197.9m 3.52% Added +208.8k +208,814
14 Blue Trust, Inc. 3.04% of their portfolio BRENTWOOD, TN 3,398,8653.4m $199.4m $199.4m 3.04% Added +153.2k +153,214
15 Municipal Employees' Retirement System of Michigan 2.69% of their portfolio LANSING, MI 3,390,7333.4m $193.8m $193.8m 2.69% Unchanged
16 NEPC LLC 11.57% of their portfolio Boston, MA 3,164,6363.2m $180.9m $180.9m 11.57% Added +3.2m +3,162,938
17 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 2,860,5612.9m $163.2m $163.2m 0.05% Added +277.4k +277,423
18 First Interstate Bank 12.80% of their portfolio Billings, MT 2,599,8002.6m $148.6m $148.6m 12.80% Reduced -78.9k -78,925
19 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 2,557,5532.6m $146.2m $146.2m 0.07% Added +60.6k +60,602
20 Foster Group, Inc. 8.28% of their portfolio WEST DES MOINES, IA 2,370,6362.4m $135.5m $135.5m 8.28% Added +97.7k +97,714
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 2,345,7302.3m $134.1m $134.1m 0.04% Added +2.3m +2,332,551
22 Morningstar Investment Services LLC 1.55% of their portfolio CHICAGO, IL 2,120,7382.1m $121.1m $121.1m 1.55% Reduced -107.3k -107,279
23 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 2,055,9582.1m $117.5m $117.5m 0.04% Reduced -265.3k -265,311
24 Heritage Financial Services, LLC 22.85% of their portfolio Westwood, MA 2,048,0102.0m $117.0m $117.0m 22.85% Added +147.8k +147,827
25 Jordan Park Group LLC 8.13% of their portfolio SAN FRANCISCO, CA 1,979,7002.0m $113.1m $113.1m 8.13% Reduced -17.9k -17,927
26 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 1,834,3641.8m $104.8m $104.8m 0.02% Added +23.3k +23,348
27 Mitsubishi UFJ Asset Management Co., Ltd. 0.21% of their portfolio TOKYO, M0 1,834,0001.8m $104.8m $104.8m 0.21% Reduced -42.6k -42,600
28 Focus Partners Advisor Solutions, LLC 5.03% of their portfolio SAINT LOUIS, MO 1,815,4121.8m $103.8m $103.8m 5.03% Added +109.5k +109,485
29 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,579,9831.6m $90.3m $90.3m 0.02% Added +1.3m +1,316,956
30 Edgehill Endowment Partners, LLC 16.51% of their portfolio HAMDEN, CT 1,569,2611.6m $89.7m $89.7m 16.51% Added +10.5k +10,534
31 HighTower Advisors, LLC 0.14% of their portfolio CHICAGO, IL 1,267,3351.3m $72.4m $72.4m 0.14% Added +38.5k +38,450
32 Gitterman Wealth Management, LLC 33.59% of their portfolio Edison, NJ 1,239,3521.2m $70.8m $70.8m 33.59% Added +7.4k +7,408
33 Bangor Savings Bank 8.10% of their portfolio BANGOR, ME 1,190,4261.2m $68.0m $68.0m 8.10% Added +50.2k +50,178
34 Relative Value Partners Group, LLC 4.48% of their portfolio NORTHBROOK, IL 1,166,3151.2m $66.7m $66.7m 4.48% Added +45.5k +45,505
35 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,107,8471.1m $63.3m $63.3m 0.04% Reduced -32.6k -32,582
36 Moss Adams Wealth Advisors LLC 20.24% of their portfolio SEATTLE, WA 1,037,5471.0m $59.3m $59.3m 20.24% Added +7.5k +7,530
37 Valeo Financial Advisors, LLC 2.57% of their portfolio CARMEL, IN 985,932985.9k $56.3m $56.3m 2.57% Added +19.9k +19,916
38 Valmark Advisers, Inc. 1.12% of their portfolio AKRON, OH 944,396944.4k $54.0m $54.0m 1.12% Added +23.1k +23,081
39 AE Wealth Management LLC 0.31% of their portfolio TOPEKA, KS 911,375911.4k $52.1m $52.1m 0.31% Added +46.5k +46,549
40 Bridgewater Advisors Inc. 8.24% of their portfolio NEW YORK, NY 899,036899.0k $51.4m $51.4m 8.24% Added +32.2k +32,181
41 FLPUTNAM INVESTMENT MANAGEMENT CO 1.27% of their portfolio PORTLAND, ME 798,707798.7k $45.6m $45.6m 1.27% Added +74.4k +74,442
42 SYNOVUS FINANCIAL CORP 0.49% of their portfolio Columbus, GA 749,173749.2k $42.8m $42.8m 0.49% Reduced -16.4k -16,419
43 TRUIST FINANCIAL CORP 0.07% of their portfolio CHARLOTTE, NC 739,325739.3k $42.3m $42.3m 0.07% Added +204.2k +204,210
44 BRANDYWINE OAK PRIVATE WEALTH LLC 4.75% of their portfolio Kennett Square, PA 698,408698.4k $39.9m $39.9m 4.75% Added +418.6k +418,552
45 Raymond James Financial Services Advisors, Inc. 0.07% of their portfolio ST. PETERSBURG, FL 674,624674.6k $38.6m $38.6m 0.07% Added +68.7k +68,719
46 Badgley Phelps Wealth Managers, LLC 1.29% of their portfolio SEATTLE, WA 663,331663.3k $37.9m $37.9m 1.29% Added +5.9k +5,892
47 LIBRA WEALTH LLC 20.85% of their portfolio LOS GATOS, CA 659,153659.2k $37.7m $37.7m 20.85% Added +151.1k +151,137
48 PROFFITT & GOODSON INC 7.70% of their portfolio KNOXVILLE, TN 656,776656.8k $37.5m $37.5m 7.70% Added +472.2k +472,179
49 Cardinal Point Capital Management ULC 9.81% of their portfolio TORONTO, A6 655,897655.9k $37.5m $37.5m 9.81% New
50 Atria Investments, Inc 0.66% of their portfolio Charlotte, NC 643,760643.8k $36.8m $36.8m 0.66% Added +5.6k +5,565
51 PrairieView Partners, LLC 4.67% of their portfolio ST. PAUL, MN 603,421603.4k $34.5m $34.5m 4.67% Added +13.1k +13,135
52 Opus Capital Group, LLC 6.00% of their portfolio CINCINNATI, OH 591,678591.7k $33.8m $33.8m 6.00% Added +23.9k +23,917
53 LAKE STREET ADVISORS GROUP, LLC 2.01% of their portfolio PORTSMOUTH, NH 590,756590.8k $33.8m $33.8m 2.01% Reduced -19.2k -19,233
54 Ameritas Advisory Services, LLC 1.55% of their portfolio Lincoln, NE 543,137543.1k $31.0m $31.0m 1.55% New
55 1834 INVESTMENT ADVISORS CO 3.78% of their portfolio Milwaukee, WI 531,699531.7k $30.4m $30.4m 3.78% Reduced -57.6k -57,635
56 Summit Trail Advisors, LLC 1.09% of their portfolio NEW YORK, NY 518,323518.3k $29.6m $29.6m 1.09% New
57 Hanson & Doremus Investment Management 6.06% of their portfolio BURLINGTON, VT 513,951514.0k $29.4m $29.4m 6.06% Added +513.2k +513,153
58 Executive Wealth Management, LLC 2.97% of their portfolio BRIGHTON, MI 502,009502.0k $28.7m $28.7m 2.97% Reduced -5.9k -5,926
59 MilWealth Group LLC 11.17% of their portfolio MILWAUKEE, WI 496,245496.2k $28.4m $28.4m 11.17% Added +14.8k +14,816
60 American Trust 2.19% of their portfolio LEXINGTON, KY 494,427494.4k $28.3m $28.3m 2.19% Added +120.9k +120,898
61 RiverFront Investment Group, LLC 1.00% of their portfolio RICHMOND, VA 492,632492.6k $28.2m $28.2m 1.00% Reduced -19.7k -19,744
62 Cambridge Investment Research Advisors, Inc. 0.13% of their portfolio FAIRFIELD, IA 483,639483.6k $27.6m $27.6m 0.13% Added +2.0k +1,958
63 SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio London, X0 474,451474.5k $27.1m $27.1m 0.04% Reduced -114.6k -114,624
64 True Wealth Design, LLC 8.97% of their portfolio AKRON, OH 469,087469.1k $26.8m $26.8m 8.97% Reduced -56.1k -56,118
65 WOOSTER CORTHELL WEALTH MANAGEMENT, INC. 6.98% of their portfolio GLASTONBURY, CT 461,991462.0k $26.4m $26.4m 6.98% Added +31.8k +31,776
66 Kingsview Wealth Management, LLC 0.94% of their portfolio GRANTS PASS, OR 457,421457.4k $26.1m $26.1m 0.94% Added +118.2k +118,166
67 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 1.70% of their portfolio BOSTON, MA 447,613447.6k $25.6m $25.6m 1.70% Added +118.3k +118,318
68 Equitable Holdings, Inc. 0.35% of their portfolio NEW YORK, NY 427,291427.3k $24.4m $24.4m 0.35% Added +420.8k +420,824
69 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 419,840419.8k $24.0m $24.0m 0.04% Added +113.0k +113,002
70 LAKEWOOD CAPITAL MANAGEMENT, LP 2.16% of their portfolio New York, NY 415,000415.0k $23.7m $23.7m 2.16% Added +34.0k +34,000
71 Evergreen Advisors, LLC 8.32% of their portfolio CHATTANOOGA, TN 403,552403.6k $23.1m $23.1m 8.32% Added +1.9k +1,923
72 Portland Global Advisors LLC 3.75% of their portfolio PORTLAND, ME 391,289391.3k $22.4m $22.4m 3.75% Added +18.1k +18,051
73 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 378,338378.3k $21.6m $21.6m 0.03% Added +9.2k +9,156
74 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 378,284378.3k $21.6m $21.6m 0.01% Added +30.4k +30,367
75 Mariner, LLC 0.06% of their portfolio Overland Park, KS 369,724369.7k $21.1m $21.1m 0.06% Added +20.8k +20,810
76 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 355,754355.8k $20.3m $20.3m 0.02% Reduced -13.1k -13,115
77 Paragon Capital Management Ltd 4.51% of their portfolio DENVER, CO 350,979351.0k $20.1m $20.1m 4.51% Added +47.0k +47,013
78 NewEdge Wealth, LLC 0.60% of their portfolio STAMFORD, CT 332,545332.5k $19.0m $19.0m 0.60% Added +45.1k +45,145
79 BSW Wealth Partners 4.21% of their portfolio BOULDER, CO 330,988331.0k $18.9m $18.9m 4.21% Added +20.6k +20,590
80 New York Life Investment Management LLC 0.20% of their portfolio New York, NY 324,305324.3k $18.5m $18.5m 0.20% Added +250.3k +250,261
81 Arista Wealth Management, LLC 7.01% of their portfolio Las Vegas, NV 313,201313.2k $17.9m $17.9m 7.01% Added +41.3k +41,314
82 NOTTINGHAM ADVISORS, INC. 1.99% of their portfolio AMHERST, NY 310,479310.5k $12.9m $12.9m 1.99% Reduced -2.0k -2,029
83 Nova R Wealth, Inc. 12.24% of their portfolio OVERLAND PARK, KS 310,152310.2k $17.7m $17.7m 12.24% Added +33.2k +33,198
84 Kestra Advisory Services, LLC 0.17% of their portfolio AUSTIN, TX 296,951297.0k $17.0m $17.0m 0.17% Added +91.0k +91,026
85 INVESTMENT MANAGEMENT ASSOCIATES INC /ADV 7.06% of their portfolio GREENWOOD VILLAGE, CO 296,031296.0k $16.9m $16.9m 7.06% New
86 OneAscent Wealth Management LLC 7.42% of their portfolio BIRMINGHAM, AL 295,354295.4k $16.9m $16.9m 7.42% Reduced -14.9k -14,902
87 OneAscent Financial Services LLC 4.36% of their portfolio BIRMINGHAM, AL 293,096293.1k $16.8m $16.8m 4.36% Added +3.2k +3,247
88 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 292,847292.8k $16.7m $16.7m 0.02% Added +268.5k +268,520
89 PATHSTONE FAMILY OFFICE, LLC 0.13% of their portfolio ENGLEWOOD, NJ 291,191291.2k $16.6m $16.6m 0.13% New
90 Polaris Wealth Advisory Group, LLC 1.26% of their portfolio SAN RAFAEL, CA 290,265290.3k $16.6m $16.6m 1.26% Reduced -14.6k -14,605
91 Roundview Capital LLC 1.65% of their portfolio PRINCETON, NJ 287,605287.6k $16.4m $16.4m 1.65% Added +40.3k +40,337
92 OLD NATIONAL BANCORP /IN/ 0.47% of their portfolio EVANSVILLE, IN 286,371286.4k $16.4m $16.4m 0.47% Reduced -9.9k -9,912
93 Rainwater Charitable Foundation 13.24% of their portfolio FORT WORTH, TX 279,905279.9k $16.0m $16.0m 13.24% New
94 Mirae Asset Global Investments Co., Ltd. 0.03% of their portfolio SEOUL, M5 277,542277.5k $15.9m $15.9m 0.03% Reduced -37.6k -37,605
95 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.36% of their portfolio BOSTON, MA 259,378259.4k $14.8m $14.8m 0.36% Reduced -66.0k -65,980
96 Alhambra Investment Management LLC 9.71% of their portfolio PALMETTO BAY, FL 258,015258.0k $14.7m $14.7m 9.71% Added +2.0k +1,974
97 Whelan Financial 7.66% of their portfolio FRESNO, CA 254,077254.1k $14.5m $14.5m 7.66% Added +9.3k +9,311
98 M&T Bank Corp 0.05% of their portfolio BUFFALO, NY 236,060236.1k $13.5m $13.5m 0.05% Reduced -230.6k -230,614
99 Tanglewood Wealth Management, Inc. 2.23% of their portfolio HOUSTON, TX 230,144230.1k $13.2m $13.2m 2.23% Added +149.2k +149,164
100 EVOKE WEALTH, LLC 0.46% of their portfolio Los Angeles, CA 228,533228.5k $13.1m $13.1m 0.46% Added +12.2k +12,180