Vault-13

VANGUARD SCOTTSDALE FDS VGIT

INTER TERM TREAS · ETP · CUSIP 92206C706

813 institutional holders -1 vs Q4 2024
375,547,675375.5m shares reported held*
$23.7bnreported value*
89 new 368 added 234 reduced 78 sold out net sold ≈ $764.0m (-15.2m 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 ($77.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $63.17. Options: 3 managers hold calls ($522.7k notional), 3 hold puts ($828.0k).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 441Q4 22: 496Q1 23: 513Q2 23: 557Q3 23: 573Q4 23: 662Q1 24: 665Q2 24: 682Q3 24: 715Q4 24: 814Q1 25: 813813Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022441
Q4 2022496
Q1 2023513
Q2 2023557
Q3 2023573
Q4 2023662
Q1 2024665
Q2 2024682
Q3 2024715
Q4 2024814
Q1 2025813

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q2 23: 312 bought or addedQ2 23: 194 cut or sold outQ3 23: 333 bought or addedQ3 23: 230 cut or sold outQ3 23Q4 23: 367 bought or addedQ4 23: 248 cut or sold outQ1 24: 408 bought or addedQ1 24: 262 cut or sold outQ1 24Q2 24: 402 bought or addedQ2 24: 234 cut or sold outQ3 24: 445 bought or addedQ3 24: 229 cut or sold outQ3 24Q4 24: 441 bought or addedQ4 24: 277 cut or sold outQ1 25: 457 bought or addedQ1 25: 312 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023312194
Q3 2023333230
Q4 2023367248
Q1 2024408262
Q2 2024402234
Q3 2024445229
Q4 2024441277
Q1 2025457312

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ2 24 calls: $1.5mQ2 24 puts: $832.7kQ2 24P/C 0.57Q3 24 calls: $1.6mQ3 24 puts: $725.0kQ3 24P/C 0.45Q4 24 calls: $1.1mQ4 24 puts: $498.8kQ4 24P/C 0.44Q1 25 calls: $522.7kQ1 25 puts: $828.0kQ1 25P/C 1.58
Numbers
QuarterCallsPutsP/C
Q2 2024$1.5m$832.7k0.57
Q3 2024$1.6m$725.0k0.45
Q4 2024$1.1m$498.8k0.44
Q1 2025$522.7k$828.0k1.58

Biggest buyers

JPMORGAN CHASE & CO Added +11,776,165+11.8m
Employees Retirement System of Texas Added +2,390,000+2.4m
Heritage Financial Services, LLC Added +1,440,742+1.4m
MORGAN STANLEY Added +1,423,868+1.4m
CAMBRIDGE ASSOCIATES LLC /MA/ /ADV Added +1,403,813+1.4m
Empower Advisory Group, LLC Added +1,173,609+1.2m
Creative Planning Added +1,029,290+1.0m
Sand Hill Global Advisors, LLC Added +1,016,784+1.0m
ENVESTNET ASSET MANAGEMENT INC Added +892,547+892.5k
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Added +793,357+793.4k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -18,458,399-18.5m
Focus Partners Wealth Reduced -7,606,116-7.6m
FMR LLC Reduced -4,639,192-4.6m
RWA WEALTH PARTNERS, LLC Reduced -3,756,190-3.8m
Summit Trail Advisors, LLC Reduced -1,932,513-1.9m
State of Tennessee, Department of Treasury Sold out -1,666,581-1.7m
AMERIPRISE FINANCIAL INC Reduced -1,215,361-1.2m
Moss Adams Wealth Advisors LLC Reduced -1,151,326-1.2m
TEXAS TREASURY SAFEKEEPING TRUST CO Sold out -1,124,530-1.1m
GenTrust, LLC Reduced -1,081,884-1.1m

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP New $487.1k8.2k shares
CITADEL ADVISORS LLC Reduced $35.6k600 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Added $813.8k13.7k shares
Quaker Wealth Management, LLC First filing $14.2k239 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.35% of their portfolio NEW YORK, NY 77,458,51677.5m $4.6bn $4.6bn 0.35% Added +11.8m +11,776,165
2 BANK OF AMERICA CORP /DE/ 0.24% of their portfolio CHARLOTTE, NC 45,610,37245.6m $2.7bn $2.7bn 0.24% Reduced -18.5m -18,458,399
3 MORGAN STANLEY 0.10% of their portfolio NEW YORK, NY 23,931,10723.9m $1.4bn $1.4bn 0.10% Added +1.4m +1,423,868
4 Employees Retirement System of Texas 12.86% of their portfolio AUSTIN, TX 23,875,00023.9m $1.4bn $1.4bn 12.86% Added +2.4m +2,390,000
5 Empower Advisory Group, LLC 3.54% of their portfolio Greenwood Village, CO 18,245,40618.2m $1.1bn $1.1bn 3.54% Added +1.2m +1,173,609
6 Creative Planning 0.77% of their portfolio OVERLAND PARK, KS 13,762,50113.8m $817.5m $817.5m 0.77% Added +1.0m +1,029,290
7 SCS Capital Management LLC 8.11% of their portfolio BOSTON, MA 10,725,55010.7m $637.1m $637.1m 8.11% Added +220.3k +220,305
8 FMR LLC 0.04% of their portfolio BOSTON, MA 9,573,1799.6m $568.6m $568.6m 0.04% Reduced -4.6m -4,639,192
9 Focus Partners Wealth 1.20% of their portfolio ST LOUIS, MO 8,078,0188.1m $479.8m $479.8m 1.20% Reduced -7.6m -7,606,116
10 NEPC LLC 10.45% of their portfolio Boston, MA 6,354,8526.4m $377.5m $377.5m 10.45% Reduced -344.9k -344,942
11 Fisher Asset Management, LLC 0.16% of their portfolio PLANO, TX 6,101,9476.1m $362.5m $362.5m 0.16% Reduced -370.0k -370,029
12 Blue Trust, Inc. 4.34% of their portfolio BRENTWOOD, TN 5,701,9845.7m $338.7m $338.7m 4.34% Added +147.5k +147,541
13 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 5,500,0005.5m $326.7m $326.7m 0.01% Unchanged
14 Focus Partners Advisor Solutions, LLC 4.90% of their portfolio SAINT LOUIS, MO 5,429,3715.4m $322.5m $322.5m 4.90% Added +674.3k +674,252
15 RWA WEALTH PARTNERS, LLC 3.66% of their portfolio BOSTON, MA 4,886,6944.9m $290.3m $290.3m 3.66% Reduced -3.8m -3,756,190
16 Heritage Financial Services, LLC 24.88% of their portfolio Westwood, MA 4,231,5124.2m $251.4m $251.4m 24.88% Added +1.4m +1,440,742
17 AMERIPRISE FINANCIAL INC 0.07% of their portfolio MINNEAPOLIS, MN 4,110,8404.1m $244.2m $244.2m 0.07% Reduced -1.2m -1,215,361
18 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 3,523,8593.5m $209.3m $209.3m 0.07% Added +892.5k +892,547
19 UBS Group AG 0.04% of their portfolio ZURICH, V8 3,319,2193.3m $197.2m $197.2m 0.04% Added +137.1k +137,067
20 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 5.16% of their portfolio BOSTON, MA 3,026,3483.0m $179.8m $179.8m 5.16% Added +1.4m +1,403,813
21 Valmark Advisers, Inc. 2.49% of their portfolio AKRON, OH 2,782,0172.8m $165.3m $165.3m 2.49% Added +268.5k +268,472
22 HighTower Advisors, LLC 0.21% of their portfolio CHICAGO, IL 2,566,2412.6m $152.4m $152.4m 0.21% Reduced -13.5k -13,525
23 Cerity Partners LLC 0.31% of their portfolio NEW YORK, NY 2,527,0462.5m $150.1m $150.1m 0.31% Added +197.3k +197,281
24 MIDLAND WEALTH ADVISORS, LLC 8.56% of their portfolio EFFINGHAM, IL 2,448,0352.4m $145.4m $145.4m 8.56% Reduced -53.2k -53,216
25 Corient Private Wealth LP 0.22% of their portfolio MIAMI, FL 2,297,5302.3m $136.5m $136.5m 0.22% Added +495.5k +495,514
26 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 2,223,0492.2m $132.0m $132.0m 0.05% Added +584.6k +584,568
27 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,197,6532.2m $130.5m $130.5m 0.03% Reduced -427.3k -427,325
28 Foster Group, Inc. 4.88% of their portfolio WEST DES MOINES, IA 2,194,1512.2m $130.3m $130.3m 4.88% Added +44.5k +44,450
29 Strategic Financial Services, Inc. 7.55% of their portfolio UTICA, NY 2,171,2862.2m $129.0m $129.0m 7.55% Added +230.6k +230,560
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 2,011,9242.0m $119.5m $119.5m 0.02% Reduced -76.5k -76,510
31 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 2.18% of their portfolio MINNEAPOLIS, MN 1,964,9432.0m $116.7m $116.7m 2.18% Added +793.4k +793,357
32 Summit Trail Advisors, LLC 3.64% of their portfolio NEW YORK, NY 1,859,3261.9m $110.4m $110.4m 3.64% Reduced -1.9m -1,932,513
33 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,795,0861.8m $106.6m $106.6m 0.04% Added +44.3k +44,319
34 Bangor Savings Bank 9.82% of their portfolio BANGOR, ME 1,751,1621.8m $104.0m $104.0m 9.82% Added +236.0k +235,981
35 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 1,668,6451.7m $99.1m $99.1m 0.02% Reduced -318.6k -318,592
36 First Interstate Bank 5.78% of their portfolio Billings, MT 1,629,2631.6m $96.8m $96.8m 5.78% Added +328.2k +328,240
37 Valeo Financial Advisors, LLC 2.47% of their portfolio CARMEL, IN 1,487,2581.5m $88.3m $88.3m 2.47% Added +84.3k +84,262
38 Gitterman Wealth Management, LLC 21.62% of their portfolio Edison, NJ 1,370,3561.4m $81.4m $81.4m 21.62% Reduced -422.9k -422,857
39 Cetera Investment Advisers 0.15% of their portfolio SCHAUMBURG, IL 1,304,8001.3m $77.5m $77.5m 0.15% Added +67.5k +67,506
40 NorthCoast Asset Management LLC 0.36% of their portfolio STAMFORD, CT 1,216,9371.2m $72.3m $72.3m 0.36% Reduced -108.2k -108,172
41 BURNEY CO/ 2.60% of their portfolio RESTON, VA 1,201,9201.2m $71.4m $71.4m 2.60% Added +174.7k +174,732
42 Badgley Phelps Wealth Managers, LLC 1.58% of their portfolio SEATTLE, WA 1,099,4291.1m $65.3m $65.3m 1.58% Added +409.3k +409,293
43 Mitsubishi UFJ Asset Management Co., Ltd. 0.06% of their portfolio TOKYO, M0 1,083,0001.1m $64.3m $64.3m 0.06% Added +8.6k +8,600
44 Sand Hill Global Advisors, LLC 2.63% of their portfolio Palo Alto, CA 1,075,3901.1m $63.9m $63.9m 2.63% Added +1.0m +1,016,784
45 Jordan Park Group LLC 4.43% of their portfolio SAN FRANCISCO, CA 1,026,3691.0m $61.0m $61.0m 4.43% Reduced -252.2k -252,173
46 RiverFront Investment Group, LLC 1.35% of their portfolio RICHMOND, VA 1,017,6161.0m $60.4m $60.4m 1.35% Added +508.3k +508,284
47 Permanent Capital Management, LP 17.29% of their portfolio CHICAGO, IL 1,015,7241.0m $60.3m $60.3m 17.29% Reduced -69.5k -69,469
48 TRUIST FINANCIAL CORP 0.10% of their portfolio CHARLOTTE, NC 1,001,0541.0m $59.5m $59.5m 0.10% Added +269.8k +269,772
49 BRANDYWINE OAK PRIVATE WEALTH LLC 5.77% of their portfolio Kennett Square, PA 989,736989.7k $58.8m $58.8m 5.77% Reduced -1.3k -1,283
50 PROFFITT & GOODSON INC 9.32% of their portfolio KNOXVILLE, TN 953,471953.5k $56.6m $56.6m 9.32% Added +289.0k +289,047
51 Migdal Insurance & Financial Holdings Ltd. 0.76% of their portfolio Petach Tikva, L3 913,514913.5k $54.3m $54.3m 0.76% Reduced -137.1k -137,123
52 Hanson & Doremus Investment Management 7.87% of their portfolio BURLINGTON, VT 907,329907.3k $53.9m $53.9m 7.87% Added +82.1k +82,083
53 Cardinal Point Capital Management ULC 4.95% of their portfolio TORONTO, A6 907,306907.3k $53.9m $53.9m 4.95% Added +32.8k +32,759
54 LIBRA WEALTH LLC 19.69% of their portfolio LOS GATOS, CA 883,344883.3k $52.5m $52.5m 19.69% Added +51.2k +51,180
55 Constellation Investments, Inc. 2.44% of their portfolio MONTGOMERY, OH 865,000865.0k $51.4m $51.4m 2.44% Unchanged
56 Cliffwater LLC 11.92% of their portfolio MARINA DEL REY, CA 767,859767.9k $45.6m $45.6m 11.92% Unchanged
57 Opus Capital Group, LLC 5.86% of their portfolio CINCINNATI, OH 766,107766.1k $45.5m $45.5m 5.86% Added +10.8k +10,849
58 PrairieView Partners, LLC 4.60% of their portfolio ST. PAUL, MN 742,521742.5k $44.1m $44.1m 4.60% Added +3.6k +3,577
59 NORTHWEST WEALTH MANAGEMENT, LLC 8.77% of their portfolio SPENCER, IA 741,353741.4k $44.0m $44.0m 8.77% Added +122.2k +122,156
60 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 728,970729.0k $43.3m $43.3m 0.01% Added +48.9k +48,886
61 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 687,013687.0k $40.8m $40.8m 0.03% Added +530.6k +530,577
62 FLPUTNAM INVESTMENT MANAGEMENT CO 0.73% of their portfolio PORTLAND, ME 659,753659.8k $39.2m $39.2m 0.73% Added +40.4k +40,367
63 Kathmere Capital Management, LLC 3.32% of their portfolio WAYNE, PA 656,681656.7k $39.0m $39.0m 3.32% Reduced -38.0k -37,999
64 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.65% of their portfolio BOSTON, MA 647,546647.5k $38.5m $38.5m 0.65% Reduced -354.0k -353,951
65 Portland Global Advisors LLC 4.69% of their portfolio PORTLAND, ME 626,132626.1k $37.2m $37.2m 4.69% Added +28.0k +27,952
66 BIRCHBROOK, INC. 20.76% of their portfolio BANGOR, ME 621,992622.0k $36.9m $36.9m 20.76% Reduced -13.6k -13,578
67 OAKWORTH CAPITAL, INC. 2.49% of their portfolio BIRMINGHAM, AL 602,739602.7k $35.8m $35.8m 2.49% Added +9.1k +9,147
68 Cable Hill Partners, LLC 3.49% of their portfolio PORTLAND, OR 596,112596.1k $35.7m $35.7m 3.49% Added +30.7k +30,695
69 Vident Advisory, LLC 0.51% of their portfolio Alpharetta, GA 591,745591.7k $35.1m $35.1m 0.51% Added +147.2k +147,199
70 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 582,202582.2k $34.6m $34.6m 0.00% Added +56.8k +56,835
71 AE Wealth Management LLC 0.29% of their portfolio TOPEKA, KS 580,520580.5k $34.5m $34.5m 0.29% Added +42.6k +42,601
72 MilWealth Group LLC 9.35% of their portfolio MILWAUKEE, WI 571,279571.3k $33.9m $33.9m 9.35% Added +6.5k +6,492
73 GLOBALT Investments LLC / GA 1.39% of their portfolio Atlanta, GA 571,212571.2k $33.9m $33.9m 1.39% Added +1.5k +1,520
74 JACKSON THORNTON WEALTH MANAGEMENT, LLC 4.41% of their portfolio MONTGOMERY, AL 559,865559.9k $33.2m $33.2m 4.41% Added +7.2k +7,220
75 Tanglewood Wealth Management, Inc. 3.74% of their portfolio HOUSTON, TX 559,633559.6k $33.2m $33.2m 3.74% Reduced -178.7k -178,736
76 TRAPHAGEN INVESTMENT ADVISORS LLC 3.45% of their portfolio ORADELL, NJ 556,957557.0k $33.1m $33.1m 3.45% Added +54.3k +54,325
77 New York Life Investment Management LLC 0.34% of their portfolio New York, NY 556,544556.5k $33.1m $33.1m 0.34% Added +426.3k +426,267
78 ALBION FINANCIAL GROUP /UT 2.33% of their portfolio SALT LAKE CITY, UT 554,166554.2k $32.9m $32.9m 2.33% Added +25.7k +25,675
79 Evergreen Advisors, LLC 9.11% of their portfolio CHATTANOOGA, TN 552,207552.2k $32.8m $32.8m 9.11% Added +1.2k +1,206
80 Alaethes Wealth, LLC 11.41% of their portfolio GLENBROOK, NV 524,621524.6k $31.2m $31.2m 11.41% Added +450.0k +449,996
81 MATHER GROUP, LLC. 0.35% of their portfolio CHICAGO, IL 515,700515.7k $30.6m $30.6m 0.35% Reduced -375.1k -375,131
82 Kestra Advisory Services, LLC 0.15% of their portfolio AUSTIN, TX 506,082506.1k $30.1m $30.1m 0.15% Added +93.8k +93,837
83 Private Advisor Group, LLC 0.18% of their portfolio MORRISTOWN, NJ 502,258502.3k $29.8m $29.8m 0.18% Added +212.8k +212,766
84 Towneley Capital Management, Inc / DE 6.79% of their portfolio LAGUNA HILLS, CA 488,406488.4k $29.0m $29.0m 6.79% Added +16.0k +16,046
85 Robertson Stephens Wealth Management, LLC 1.08% of their portfolio San Francisco, CA 486,226486.2k $28.9m $28.9m 1.08% Added +472.0k +471,955
86 Roundview Capital LLC 2.07% of their portfolio PRINCETON, NJ 483,880483.9k $28.7m $28.7m 2.07% Added +32.1k +32,106
87 CAPTRUST FINANCIAL ADVISORS 0.07% of their portfolio RALEIGH, NC 480,252480.3k $28.5m $28.5m 0.07% Added +428.0k +427,952
88 BSW Wealth Partners 4.18% of their portfolio BOULDER, CO 463,861463.9k $27.6m $27.6m 4.18% Added +35.2k +35,234
89 WOOSTER CORTHELL WEALTH MANAGEMENT, INC. 5.57% of their portfolio GLASTONBURY, CT 457,912457.9k $27.2m $27.2m 5.57% Reduced -8.6k -8,555
90 Emprise Bank 14.55% of their portfolio WICHITA, KS 457,683457.7k $27.2m $27.2m 14.55% Added +64.6k +64,616
91 CAPE COD FIVE CENTS SAVINGS BANK 2.46% of their portfolio HYANNIS, MA 445,355445.4k $26.9m $26.9m 2.46% Unchanged
92 OSAIC HOLDINGS, INC. 0.06% of their portfolio SCOTTSDALE, AZ 440,824440.8k $26.2m $26.2m 0.06% Added +212.7k +212,743
93 Mariner, LLC 0.04% of their portfolio Overland Park, KS 433,072433.1k $25.7m $25.7m 0.04% Added +7.4k +7,386
94 CYPRESS FINANCIAL PLANNING LLC 8.73% of their portfolio HADDON HEIGHTS, NJ 407,309407.3k $24.2m $24.2m 8.73% Added +4.4k +4,356
95 1834 INVESTMENT ADVISORS CO 3.03% of their portfolio Milwaukee, WI 395,902395.9k $23.5m $23.5m 3.03% Reduced -8.9k -8,863
96 Gunma Bank,Ltd. 7.56% of their portfolio GUNMA, M0 395,000395.0k $23.5m $23.5m 7.56% Unchanged
97 Pathstone Holdings, LLC 0.10% of their portfolio ENGLEWOOD, NJ 386,598386.6k $23.0m $23.0m 0.10% Added +15.8k +15,833
98 Secure Asset Management, LLC 4.62% of their portfolio Troy, MI 385,289385.3k $22.9m $22.9m 4.62% Added +283.4k +283,442
99 Foundations Investment Advisors, LLC 0.42% of their portfolio PHOENIX, AZ 385,096385.1k $22.9m $22.9m 0.42% Added +23.2k +23,232
100 Mirae Asset Global Investments Co., Ltd. 0.09% of their portfolio SEOUL, M5 384,697384.7k $22.8m $22.8m 0.09% Added +40.1k +40,070