Vault-13

VANGUARD SCOTTSDALE FDS VGIT

INTER TERM TREAS · ETP · CUSIP 92206C706

824 institutional holders +11 vs Q1 2025
382,245,110382.2m shares reported held*
$23.9bnreported value*
91 new 377 added 238 reduced 82 sold out net sold ≈ $118.1m (+3.7m 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 ($70.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $62.64. Options: 2 managers hold calls ($640.0k notional), 2 hold puts ($562.2k).

Trends to Q2 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: 813Q2 25: 824824Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025824

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 23: 333 bought or addedQ3 23: 230 cut or sold outQ4 23: 367 bought or addedQ4 23: 248 cut or sold outQ4 23Q1 24: 408 bought or addedQ1 24: 262 cut or sold outQ2 24: 402 bought or addedQ2 24: 234 cut or sold outQ2 24Q3 24: 445 bought or addedQ3 24: 229 cut or sold outQ4 24: 441 bought or addedQ4 24: 277 cut or sold outQ4 24Q1 25: 457 bought or addedQ1 25: 312 cut or sold outQ2 25: 468 bought or addedQ2 25: 320 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023333230
Q4 2023367248
Q1 2024408262
Q2 2024402234
Q3 2024445229
Q4 2024441277
Q1 2025457312
Q2 2025468320

Calls vs puts

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

CallsPuts
$0$500k$1m$1.5m$2mQ3 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 1.58Q2 25 calls: $640.0kQ2 25 puts: $562.2kQ2 25P/C 0.88
Numbers
QuarterCallsPutsP/C
Q3 2024$1.6m$725.0k0.45
Q4 2024$1.1m$498.8k0.44
Q1 2025$522.7k$828.0k1.58
Q2 2025$640.0k$562.2k0.88

Biggest buyers

Gallagher Fiduciary Advisors, LLC Added +5,653,321+5.7m
AMERIPRISE FINANCIAL INC Added +3,432,439+3.4m
Cerity Partners LLC Added +1,298,817+1.3m
Creative Planning Added +1,293,010+1.3m
SCHRODER INVESTMENT MANAGEMENT GROUP New +1,238,333+1.2m
OLD NATIONAL BANCORP /IN/ Added +1,137,884+1.1m
ROYAL BANK OF CANADA Added +869,798+869.8k
Empower Advisory Group, LLC Added +829,746+829.7k
Blue Trust, Inc. Added +799,674+799.7k
Tanglewood Wealth Management, Inc. Added +787,960+788.0k

Biggest sellers

MORGAN STANLEY Reduced -4,820,043-4.8m
RWA WEALTH PARTNERS, LLC Reduced -4,192,920-4.2m
FMR LLC Reduced -3,519,859-3.5m
JPMORGAN CHASE & CO Reduced -3,172,584-3.2m
Fisher Asset Management, LLC Reduced -1,973,116-2.0m
STATE STREET CORP Reduced -1,050,000-1.1m
Migdal Insurance & Financial Holdings Ltd. Reduced -911,718-911.7k
Constellation Investments, Inc. Sold out -865,000-865.0k
Summit Trail Advisors, LLC Reduced -524,809-524.8k
AE Wealth Management LLC Reduced -499,351-499.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $640.0k10.7k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

CITADEL ADVISORS LLC Reduced $562.2k9.4k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.31% of their portfolio NEW YORK, NY 74,285,93274.3m $4.4bn $4.4bn 0.31% Reduced -3.2m -3,172,584
2 BANK OF AMERICA CORP /DE/ 0.22% of their portfolio CHARLOTTE, NC 46,110,94646.1m $2.8bn $2.8bn 0.22% Added +500.6k +500,574
3 Employees Retirement System of Texas 11.62% of their portfolio AUSTIN, TX 23,875,00023.9m $1.4bn $1.4bn 11.62% Unchanged
4 MORGAN STANLEY 0.07% of their portfolio NEW YORK, NY 19,111,06419.1m $1.1bn $1.1bn 0.07% Reduced -4.8m -4,820,043
5 Empower Advisory Group, LLC 3.42% of their portfolio Greenwood Village, CO 19,075,15219.1m $1.1bn $1.1bn 3.42% Added +829.7k +829,746
6 Creative Planning 0.77% of their portfolio OVERLAND PARK, KS 15,055,51115.1m $900.5m $900.5m 0.77% Added +1.3m +1,293,010
7 SCS Capital Management LLC 6.99% of their portfolio BOSTON, MA 10,545,18310.5m $630.7m $630.7m 6.99% Reduced -180.4k -180,367
8 Focus Partners Wealth 1.10% of their portfolio ST LOUIS, MO 8,459,5888.5m $506.0m $506.0m 1.10% Added +381.6k +381,570
9 AMERIPRISE FINANCIAL INC 0.11% of their portfolio MINNEAPOLIS, MN 7,543,2797.5m $451.1m $451.1m 0.11% Added +3.4m +3,432,439
10 Blue Trust, Inc. 4.59% of their portfolio BRENTWOOD, TN 6,501,6586.5m $388.9m $388.9m 4.59% Added +799.7k +799,674
11 NEPC LLC 9.62% of their portfolio Boston, MA 6,354,8526.4m $380.1m $380.1m 9.62% Unchanged
12 FMR LLC 0.02% of their portfolio BOSTON, MA 6,053,3206.1m $362.0m $362.0m 0.02% Reduced -3.5m -3,519,859
13 Gallagher Fiduciary Advisors, LLC 0.00% of their portfolio ROLLING MEADOWS, IL 5,750,2035.8m $96.9k $96.9k 0.00% Added +5.7m +5,653,321
14 Focus Partners Advisor Solutions, LLC 4.37% of their portfolio SAINT LOUIS, MO 5,481,5155.5m $327.8m $327.8m 4.37% Added +52.1k +52,144
15 MASECO LLP 11.98% of their portfolio LONDON, X0 5,271,9825.3m $315.2m $315.2m 11.98% First filing
16 STATE STREET CORP 0.01% of their portfolio BOSTON, MA 4,450,0004.5m $266.2m $266.2m 0.01% Reduced -1.1m -1,050,000
17 Heritage Financial Services, LLC 24.32% of their portfolio Westwood, MA 4,225,4074.2m $252.7m $252.7m 24.32% Reduced -6.1k -6,105
18 Fisher Asset Management, LLC 0.10% of their portfolio PLANO, TX 4,128,8314.1m $246.9m $246.9m 0.10% Reduced -2.0m -1,973,116
19 Cerity Partners LLC 0.41% of their portfolio NEW YORK, NY 3,825,8633.8m $228.8m $228.8m 0.41% Added +1.3m +1,298,817
20 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 3,795,1793.8m $227.0m $227.0m 0.07% Added +271.3k +271,320
21 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 4.95% of their portfolio BOSTON, MA 3,757,3563.8m $224.6m $224.6m 4.95% Added +731.0k +731,008
22 Valmark Advisers, Inc. 2.41% of their portfolio AKRON, OH 2,888,5712.9m $172.8m $172.8m 2.41% Added +106.6k +106,554
23 UBS Group AG 0.04% of their portfolio ZURICH, V8 2,883,9522.9m $172.5m $172.5m 0.04% Reduced -435.3k -435,267
24 Corient Private Wealth LP 0.22% of their portfolio MIAMI, FL 2,809,8002.8m $168.1m $168.1m 0.22% Added +512.3k +512,270
25 HighTower Advisors, LLC 0.19% of their portfolio CHICAGO, IL 2,586,2122.6m $154.7m $154.7m 0.19% Added +20.0k +19,971
26 MIDLAND WEALTH ADVISORS, LLC 8.29% of their portfolio EFFINGHAM, IL 2,508,7212.5m $150.0m $150.0m 8.29% Added +60.7k +60,686
27 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 2,501,7132.5m $149.6m $149.6m 0.03% Added +304.1k +304,060
28 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 2,404,8472.4m $143.8m $143.8m 0.05% Added +181.8k +181,798
29 Strategic Financial Services, Inc. 7.20% of their portfolio UTICA, NY 2,237,0582.2m $133.8m $133.8m 7.20% Added +65.8k +65,772
30 Foster Group, Inc. 4.57% of their portfolio WEST DES MOINES, IA 2,233,1022.2m $133.6m $133.6m 4.57% Added +39.0k +38,951
31 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 2.10% of their portfolio MINNEAPOLIS, MN 2,096,8962.1m $125.4m $125.4m 2.10% Added +132.0k +131,953
32 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio SAN FRANCISCO, CA 1,970,4572.0m $117.9m $117.9m 0.02% Reduced -41.5k -41,467
33 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,813,5551.8m $108.5m $108.5m 0.04% Added +18.5k +18,469
34 Bangor Savings Bank 9.65% of their portfolio BANGOR, ME 1,805,5311.8m $108.0m $108.0m 9.65% Added +54.4k +54,369
35 First Interstate Bank 5.77% of their portfolio Billings, MT 1,642,6271.6m $98.2m $98.2m 5.77% Added +13.4k +13,364
36 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 1,633,8941.6m $97.7m $97.7m 0.02% Reduced -34.8k -34,751
37 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,598,7681.6m $95.6m $95.6m 0.01% Added +869.8k +869,798
38 Valeo Financial Advisors, LLC 2.24% of their portfolio CARMEL, IN 1,520,4221.5m $90.9m $90.9m 2.24% Added +33.2k +33,164
39 Badgley Phelps Wealth Managers, LLC 2.01% of their portfolio SEATTLE, WA 1,517,2361.5m $90.7m $90.7m 2.01% Added +417.8k +417,807
40 OLD NATIONAL BANCORP /IN/ 1.57% of their portfolio EVANSVILLE, IN 1,469,6851.5m $87.9m $87.9m 1.57% Added +1.1m +1,137,884
41 Gitterman Wealth Management, LLC 19.31% of their portfolio Edison, NJ 1,385,6991.4m $82.9m $82.9m 19.31% Added +15.3k +15,343
42 Tanglewood Wealth Management, Inc. 7.95% of their portfolio HOUSTON, TX 1,347,5931.3m $80.6m $80.6m 7.95% Added +788.0k +787,960
43 Cetera Investment Advisers 0.14% of their portfolio SCHAUMBURG, IL 1,343,6491.3m $80.4m $80.4m 0.14% Added +38.8k +38,849
44 Summit Trail Advisors, LLC 1.37% of their portfolio NEW YORK, NY 1,334,5171.3m $79.8m $79.8m 1.37% Reduced -524.8k -524,809
45 SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio London, X0 1,238,3331.2m $73.9m $73.9m 0.06% New
46 BURNEY CO/ 2.48% of their portfolio RESTON, VA 1,225,3151.2m $73.3m $73.3m 2.48% Added +23.4k +23,395
47 Mitsubishi UFJ Asset Management Co., Ltd. 0.05% of their portfolio TOKYO, M0 1,119,2001.1m $66.6m $66.6m 0.05% Added +36.2k +36,200
48 Sand Hill Global Advisors, LLC 2.47% of their portfolio Palo Alto, CA 1,110,2531.1m $66.4m $66.4m 2.47% Added +34.9k +34,863
49 NorthCoast Asset Management LLC 0.28% of their portfolio STAMFORD, CT 1,079,3101.1m $64.6m $64.6m 0.28% Reduced -137.6k -137,627
50 TRUIST FINANCIAL CORP 0.09% of their portfolio CHARLOTTE, NC 1,026,6981.0m $61.4m $61.4m 0.09% Added +25.6k +25,644
51 RiverFront Investment Group, LLC 1.19% of their portfolio RICHMOND, VA 1,017,4711.0m $60.9m $60.9m 1.19% Reduced -145 -145
52 BRANDYWINE OAK PRIVATE WEALTH LLC 5.55% of their portfolio Kennett Square, PA 1,002,1421.0m $59.9m $59.9m 5.55% Added +12.4k +12,406
53 Jordan Park Group LLC 3.88% of their portfolio SAN FRANCISCO, CA 1,000,7731.0m $59.9m $59.9m 3.88% Reduced -25.6k -25,596
54 PROFFITT & GOODSON INC 8.85% of their portfolio KNOXVILLE, TN 970,659970.7k $58.1m $58.1m 8.85% Added +17.2k +17,188
55 Hanson & Doremus Investment Management 7.54% of their portfolio BURLINGTON, VT 942,520942.5k $56.4m $56.4m 7.54% Added +35.2k +35,191
56 Cardinal Point Capital Management ULC 4.38% of their portfolio TORONTO, A6 923,716923.7k $55.2m $55.2m 4.38% Added +16.4k +16,410
57 LIBRA WEALTH LLC 17.98% of their portfolio LOS GATOS, CA 919,122919.1k $55.0m $55.0m 17.98% Added +35.8k +35,778
58 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 850,071850.1k $50.8m $50.8m 0.04% Added +163.1k +163,058
59 NORTHWEST WEALTH MANAGEMENT, LLC 8.33% of their portfolio SPENCER, IA 771,017771.0k $46.1m $46.1m 8.33% Added +29.7k +29,664
60 PrairieView Partners, LLC 4.38% of their portfolio ST. PAUL, MN 757,870757.9k $45.3m $45.3m 4.38% Added +15.3k +15,349
61 Opus Capital Group, LLC 5.30% of their portfolio CINCINNATI, OH 740,542740.5k $44.3m $44.3m 5.30% Reduced -25.6k -25,565
62 COLDSTREAM CAPITAL MANAGEMENT INC 0.71% of their portfolio BELLEVUE, WA 726,377726.4k $43.4m $43.4m 0.71% Added +648.9k +648,880
63 Retirement Systems of Alabama 0.15% of their portfolio MONTGOMERY, AL 714,765714.8k $42.8m $42.8m 0.15% New
64 Cliffwater LLC 8.73% of their portfolio MARINA DEL REY, CA 710,087710.1k $42.5m $42.5m 8.73% Reduced -57.8k -57,772
65 RWA WEALTH PARTNERS, LLC 0.52% of their portfolio BOSTON, MA 693,774693.8k $41.5m $41.5m 0.52% Reduced -4.2m -4,192,920
66 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 675,112675.1k $40.4m $40.4m 0.01% Added +438.8k +438,782
67 FLPUTNAM INVESTMENT MANAGEMENT CO 0.66% of their portfolio PORTLAND, ME 640,114640.1k $38.3m $38.3m 0.66% Reduced -19.6k -19,639
68 Kathmere Capital Management, LLC 2.95% of their portfolio WAYNE, PA 640,090640.1k $38.3m $38.3m 2.95% Reduced -16.6k -16,591
69 OAKWORTH CAPITAL, INC. 2.45% of their portfolio BIRMINGHAM, AL 636,331636.3k $38.1m $38.1m 2.45% Added +33.6k +33,592
70 Portland Global Advisors LLC 4.38% of their portfolio PORTLAND, ME 621,862621.9k $37.2m $37.2m 4.38% Reduced -4.3k -4,270
71 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 619,131619.1k $37.0m $37.0m 0.00% Added +36.9k +36,929
72 Kestra Advisory Services, LLC 0.18% of their portfolio AUSTIN, TX 616,110616.1k $36.8m $36.8m 0.18% Added +110.0k +110,028
73 ASSETMARK, INC 0.09% of their portfolio CONCORD, CA 604,184604.2k $36.1m $36.1m 0.09% Added +436.3k +436,261
74 BIRCHBROOK, INC. 18.91% of their portfolio BANGOR, ME 589,975590.0k $35.3m $35.3m 18.91% Reduced -32.0k -32,017
75 Private Advisor Group, LLC 0.19% of their portfolio MORRISTOWN, NJ 575,614575.6k $34.4m $34.4m 0.19% Added +73.4k +73,356
76 JACKSON THORNTON WEALTH MANAGEMENT, LLC 3.88% of their portfolio MONTGOMERY, AL 573,230573.2k $33.9m $33.9m 3.88% Added +13.4k +13,365
77 MilWealth Group LLC 8.75% of their portfolio MILWAUKEE, WI 568,242568.2k $34.0m $34.0m 8.75% Reduced -3.0k -3,037
78 ALBION FINANCIAL GROUP /UT 2.18% of their portfolio SALT LAKE CITY, UT 556,764556.8k $33.3m $33.3m 2.18% Added +2.6k +2,598
79 Alaethes Wealth, LLC 9.94% of their portfolio GLENBROOK, NV 556,268556.3k $33.3m $33.3m 9.94% Added +31.6k +31,647
80 Towneley Capital Management, Inc / DE 7.63% of their portfolio LAGUNA HILLS, CA 555,887555.9k $33.2m $33.2m 7.63% Added +67.5k +67,481
81 GLOBALT Investments LLC / GA 1.27% of their portfolio Atlanta, GA 552,994553.0k $33.1m $33.1m 1.27% Reduced -18.2k -18,218
82 Evergreen Advisors, LLC 8.60% of their portfolio CHATTANOOGA, TN 543,032543.0k $32.5m $32.5m 8.60% Reduced -9.2k -9,175
83 Pathway Financial Advisors LLC 4.38% of their portfolio SOUTH BURLINGTON, VT 500,885500.9k $30.0m $30.0m 4.38% Added +201.6k +201,557
84 BSW Wealth Partners 4.10% of their portfolio BOULDER, CO 500,547500.5k $29.9m $29.9m 4.10% Added +36.7k +36,686
85 CAPTRUST FINANCIAL ADVISORS 0.07% of their portfolio RALEIGH, NC 496,647496.6k $29.7m $29.7m 0.07% Added +16.4k +16,395
86 Roundview Capital LLC 1.94% of their portfolio PRINCETON, NJ 486,036486.0k $29.1m $29.1m 1.94% Added +2.2k +2,156
87 New York Life Investment Management LLC 0.26% of their portfolio New York, NY 471,782471.8k $28.2m $28.2m 0.26% Reduced -84.8k -84,762
88 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 470,715470.7k $28.2m $28.2m 0.05% Added +29.9k +29,891
89 Emprise Bank 13.49% of their portfolio WICHITA, KS 470,060470.1k $28.1m $28.1m 13.49% Added +12.4k +12,377
90 Vident Advisory, LLC 0.31% of their portfolio Alpharetta, GA 467,469467.5k $28.0m $28.0m 0.31% Reduced -124.3k -124,276
91 MATHER GROUP, LLC. 0.29% of their portfolio CHICAGO, IL 456,605456.6k $27.3m $27.3m 0.29% Reduced -59.1k -59,095
92 RKL Wealth Management LLC 2.37% of their portfolio LANCASTER, PA 451,073451.1k $27.0m $27.0m 2.37% Added +80.2k +80,191
93 TRAPHAGEN INVESTMENT ADVISORS LLC 2.53% of their portfolio ORADELL, NJ 445,741445.7k $26.7m $26.7m 2.53% Reduced -111.2k -111,216
94 CAPE COD FIVE CENTS SAVINGS BANK 2.46% of their portfolio HYANNIS, MA 445,355445.4k $26.9m $26.9m 2.46% Unchanged
95 Mariner, LLC 0.04% of their portfolio Overland Park, KS 435,069435.1k $26.0m $26.0m 0.04% Added +2.0k +1,997
96 Secure Asset Management, LLC 4.81% of their portfolio Troy, MI 433,214433.2k $25.9m $25.9m 4.81% Added +47.9k +47,925
97 CYPRESS FINANCIAL PLANNING LLC 8.50% of their portfolio HADDON HEIGHTS, NJ 432,502432.5k $25.9m $25.9m 8.50% Added +25.2k +25,193
98 Baird Financial Group, Inc. 0.04% of their portfolio MILWAUKEE, WI 413,843413.8k $24.8m $24.8m 0.04% Added +31.5k +31,531
99 Gleason Group, Inc. 2.63% of their portfolio PROSPECT, KY 405,898405.9k $24.3m $24.3m 2.63% New
100 OneAscent Financial Services LLC 1.73% of their portfolio BIRMINGHAM, AL 405,381405.4k $24.2m $24.2m 1.73% Added +92.5k +92,515