Vault-13

VANGUARD SCOTTSDALE FDS VCLT

LG-TERM COR BD · ETP · CUSIP 92206C813

247 institutional holders +20 vs Q1 2023
53,949,31153.9m shares reported held*
$4.2bnreported value*
35 new 114 added 52 reduced 19 sold out net bought ≈ $255.3m (+4.1m 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 ($8.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $78.70. Options: 2 managers hold calls ($4.5m notional), 2 hold puts ($4.0m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 210Q4 22: 225Q1 23: 227Q2 23: 247247Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022210
Q4 2022225
Q1 2023227
Q2 2023247

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 110 bought or addedQ4 22: 94 cut or sold outQ4 22Q1 23: 128 bought or addedQ1 23: 85 cut or sold outQ1 23Q2 23: 149 bought or addedQ2 23: 71 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202211094
Q1 202312885
Q2 202314971

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ3 22 calls: $17.2mQ3 22 puts: $10.3mQ3 22P/C 0.60Q4 22 calls: $11.9mQ4 22 puts: $4.2mQ4 22P/C 0.36Q1 23 calls: $5.3mQ1 23 puts: $4.1mQ1 23P/C 0.77Q2 23 calls: $4.5mQ2 23 puts: $4.0mQ2 23P/C 0.89
Numbers
QuarterCallsPutsP/C
Q3 2022$17.2m$10.3m0.60
Q4 2022$11.9m$4.2m0.36
Q1 2023$5.3m$4.1m0.77
Q2 2023$4.5m$4.0m0.89

Biggest buyers

WestEnd Advisors, LLC New +1,092,479+1.1m
VANGUARD GROUP INC Added +835,841+835.8k
ROYAL BANK OF CANADA Added +329,148+329.1k
State of Tennessee, Department of Treasury Added +310,717+310.7k
Systelligence, LLC New +308,650+308.6k
WELLS FARGO & COMPANY/MN Added +298,399+298.4k
Estate Counselors, LLC Added +282,830+282.8k
Kemper Corp Master Retirement Trust Added +276,032+276.0k
AMERIPRISE FINANCIAL INC Added +255,028+255.0k
Jefferies Financial Group Inc. New +200,000+200.0k

Biggest sellers

WestEnd Advisors, LLC Sold out -1,013,278-1.0m
JANE STREET GROUP, LLC Reduced -782,322-782.3k
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO Reduced -655,400-655.4k
Olympus Peak Asset Management LP Sold out -325,049-325.0k
MONEY CONCEPTS CAPITAL CORP Sold out -166,576-166.6k
JPMORGAN CHASE & CO Reduced -164,767-164.8k
BNP PARIBAS FINANCIAL MARKETS Reduced -160,519-160.5k
Bullseye Investment Management, LLC Sold out -134,213-134.2k
FIDUCIENT ADVISORS LLC Reduced -83,714-83.7k
OLD MISSION CAPITAL LLC Reduced -61,257-61.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.4m43.5k shares
CITADEL ADVISORS LLC Added $1.1m13.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.7m46.6k shares
CITADEL ADVISORS LLC Reduced $321.8k4.1k 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 4,999,9085.0m $392.4m $392.4m 0.01% Added +835.8k +835,841
2 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 3,364,8403.4m $264.1m $264.1m 0.03% Added +98.1k +98,133
3 Daiichi Life Insurance Co., Ltd. 5.05% of their portfolio TOKYO, M0 3,083,9973.1m $242.1m $242.1m 5.05% Reduced -27.0k -26,975
4 State of Tennessee, Department of Treasury 0.94% of their portfolio NASHVILLE, TN 2,875,6392.9m $225.7m $225.7m 0.94% Added +310.7k +310,717
5 Meiji Yasuda Life Insurance Co 5.81% of their portfolio TOKYO, M0 2,833,0002.8m $222.4m $222.4m 5.81% Unchanged
6 Allianz Investment Management U.S. LLC 11.13% of their portfolio Minneapolis, MN 2,416,0122.4m $189.5m $189.5m 11.13% Unchanged
7 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 2,194,4542.2m $172.2m $172.2m 0.05% Added +329.1k +329,148
8 ENVESTNET ASSET MANAGEMENT INC 0.07% of their portfolio Berwyn, PA 1,913,0911.9m $150.2m $150.2m 0.07% Added +164.5k +164,547
9 Janney Montgomery Scott LLC 0.47% of their portfolio PHILADELPHIA, PA 1,710,7261.7m $134.3m $134.3m 0.47% Added +108.1k +108,126
10 BlackRock Inc. 0.00% of their portfolio New York, NY 1,599,9451.6m $125.6m $125.6m 0.00% Added +119.8k +119,781
11 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 1,551,6891.6m $121.8m $121.8m 0.04% Added +298.4k +298,399
12 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 1,528,5391.5m $120.0m $120.0m 0.01% Added +105.6k +105,629
13 Kemper Corp Master Retirement Trust 73.68% of their portfolio CHICAGO, IL 1,324,9511.3m $104.0m $104.0m 73.68% Added +276.0k +276,032
14 NYL Investors LLC 4.39% of their portfolio NEW YORK, NY 1,242,8001.2m $97.5m $97.5m 4.39% Added +7.2k +7,200
15 TRUIST FINANCIAL CORP 0.16% of their portfolio CHARLOTTE, NC 1,225,2281.2m $96.2m $96.2m 0.16% Added +69.1k +69,099
16 WestEnd Advisors, LLC 2.53% of their portfolio CHARLOTTE, NC 1,092,4791.1m $85.7m $85.7m 2.53% New
17 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 1,078,7081.1m $84.8m $84.8m 0.03% Added +255.0k +255,028
18 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 4.86% of their portfolio BETHESDA, MD 1,077,8001.1m $84.6m $84.6m 4.86% Reduced -655.4k -655,400
19 RAYMOND JAMES & ASSOCIATES 0.06% of their portfolio ST PETERSBURG, FL 1,002,5461.0m $78.7m $78.7m 0.06% Added +73.8k +73,771
20 CANADA PENSION PLAN INVESTMENT BOARD 0.10% of their portfolio TORONTO ONTARIO, A6 860,000860.0k $67.5m $67.5m 0.10% Unchanged
21 Allspring Global Investments Holdings, LLC 0.09% of their portfolio CHARLOTTE, NC 677,491677.5k $53.2m $53.2m 0.09% Reduced -22.4k -22,389
22 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 621,000621.0k $48.7m $48.7m 0.03% Unchanged
23 1832 Asset Management L.P. 0.09% of their portfolio TORONTO, A6 606,460606.5k $47.6m $47.6m 0.09% Added +23.4k +23,416
24 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 558,072558.1k $43.8m $43.8m 0.01% Reduced -164.8k -164,767
25 NISA INVESTMENT ADVISORS, LLC 0.32% of their portfolio ST. LOUIS, MO 555,996556.0k $43.6m $43.6m 0.32% Added +4.8k +4,792
26 CONNING INC. 1.26% of their portfolio HARTFORD, CT 478,554478.6k $37.6m $37.6m 1.26% Unchanged
27 Diana Davis Spencer Foundation 13.90% of their portfolio BETHESDA, MD 461,000461.0k $36.2m $36.2m 13.90% Unchanged
28 UBS Group AG 0.01% of their portfolio ZURICH, V8 420,504420.5k $33.0m $33.0m 0.01% Added +42.6k +42,642
29 Advisory Alpha, LLC 1.67% of their portfolio HOLLAND, MI 413,247413.2k $32.4m $32.4m 1.67% Added +17.7k +17,654
30 VICTORY CAPITAL MANAGEMENT INC 0.03% of their portfolio San Antonio, TX 389,962390.0k $30.6m $30.6m 0.03% Added +25.6k +25,592
31 ALERUS FINANCIAL NA 2.56% of their portfolio GRAND FORKS, ND 385,769385.8k $30.3m $30.3m 2.56% Reduced -12.3k -12,326
32 Smith Anglin Financial, LLC 3.62% of their portfolio DALLAS, TX 379,663379.7k $29.8m $29.8m 3.62% Added +21.2k +21,228
33 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 318,113318.1k $25.0m $25.0m 0.04% Added +66.2k +66,150
34 Systelligence, LLC 7.66% of their portfolio BLOOMINGTON, MN 308,650308.6k $24.2m $24.2m 7.66% New
35 Estate Counselors, LLC 2.96% of their portfolio Thiensville, WI 297,720297.7k $23.4m $23.4m 2.96% Added +282.8k +282,830
36 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 293,283293.3k $23.0m $23.0m 0.02% Added +47.0k +46,959
37 MML INVESTORS SERVICES, LLC 0.13% of their portfolio SPRINGFIELD, MA 292,191292.2k $22.9m $22.9m 0.13% Added +163.6k +163,612
38 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 290,797290.8k $22.8m $22.8m 0.01% Reduced -3.9k -3,935
39 PNC Financial Services Group, Inc. 0.02% of their portfolio Pittsburgh, PA 256,493256.5k $20.1m $20.1m 0.02% Added +13.7k +13,651
40 BARCLAYS PLC 0.01% of their portfolio LONDON, X0 251,000251.0k $19.7m $19.7m 0.01% Added +189.3k +189,292
41 FIDUCIENT ADVISORS LLC 6.00% of their portfolio Chicago, IL 249,722249.7k $19.6m $19.6m 6.00% Reduced -83.7k -83,714
42 Mirae Asset Global Investments Co., Ltd. 0.04% of their portfolio SEOUL, M5 246,876246.9k $19.4m $19.4m 0.04% Added +31.2k +31,180
43 UNITED SERVICES AUTOMOBILE ASSOCIATION 0.54% of their portfolio SAN ANTONIO, TX 240,365240.4k $18.9m $18.9m 0.54% Added +48.0k +48,003
44 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 205,566205.6k $16.1m $16.1m 0.01% Added +2.0k +1,957
45 Jefferies Financial Group Inc. 0.33% of their portfolio NEW YORK, NY 200,000200.0k $15.7m $15.7m 0.33% New
46 BARINGS LLC 0.51% of their portfolio CHARLOTTE, NC 190,989191.0k $15.0m $15.0m 0.51% New
47 Berkeley Capital Partners, LLC 4.97% of their portfolio Milton, GA 178,839178.8k $14.0m $14.0m 4.97% Reduced -2.6k -2,600
48 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 175,515175.5k $13.8m $13.8m 0.02% Added +4.8k +4,808
49 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 172,391172.4k $13.5m $13.5m 0.03% Added +34.0k +34,041
50 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 166,061166.1k $13.0m $13.0m 0.03% Reduced -160.5k -160,519
51 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 163,446163.4k $12.8m $12.8m 0.02% Added +2.7k +2,663
52 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 161,607161.6k $12.7m $12.7m 0.02% Reduced -782.3k -782,322
53 Verition Fund Management LLC 0.15% of their portfolio GREENWICH, CT 125,000125.0k $9.8m $9.8m 0.15% Added +120.7k +120,668
54 Manning & Napier Group, LLC 0.11% of their portfolio Fairport, NY 118,970119.0k $9.3m $9.3m 0.11% Reduced -975 -975
55 Regal Investment Advisors LLC 0.77% of their portfolio KENTWOOD, MI 117,707117.7k $9.2m $9.2m 0.77% Added +50.2k +50,159
56 WealthShield Partners, LLC 1.26% of their portfolio CARY, NC 106,194106.2k $8.3m $8.3m 1.26% Added +6.2k +6,150
57 FIRST NATIONAL BANK SIOUX FALLS 5.20% of their portfolio SIOUX FALLS, SD 104,263104.3k $8.2m $8.2m 5.20% Unchanged
58 Sterling Manor Financial, LLC 6.74% of their portfolio Saratoga Springs, NY 101,774101.8k $8.0m $8.0m 6.74% New
59 Octavia Wealth Advisors, LLC 1.61% of their portfolio CINCINNATI, OH 100,764100.8k $7.9m $7.9m 1.61% Added +6.3k +6,273
60 Boyd Wealth Management, LLC 4.77% of their portfolio SACRAMENTO, CA 99,94699.9k $7.8m $7.8m 4.77% New
61 Clearstead Advisors, LLC 0.46% of their portfolio CLEVELAND, OH 97,34297.3k $7.6m $7.6m 0.46% Added +16.3k +16,300
62 Providence First Trust Co 4.16% of their portfolio SCOTTSDALE, AZ 96,36396.4k $7.6m $7.6m 4.16% Added +8.1k +8,132
63 Refined Wealth Management 6.01% of their portfolio SALT LAKE CITY, UT 92,91092.9k $7.3m $7.3m 6.01% Added +1.6k +1,573
64 Avitas Wealth Management LLC 1.30% of their portfolio LOS ANGELES, CA 91,75691.8k $7.2m $7.2m 1.30% Added +1.4k +1,385
65 GUGGENHEIM CAPITAL LLC 0.06% of their portfolio CHICAGO, IL 91,26891.3k $7.2m $7.2m 0.06% Reduced -1.5k -1,533
66 Moran Wealth Management, LLC 0.26% of their portfolio NAPLES, FL 88,26488.3k $6.9m $6.9m 0.26% Added +85.5k +85,531
67 Vestmark Advisory Solutions, Inc. 0.26% of their portfolio Wakefield, MA 87,78387.8k $6.9m $6.9m 0.26% Added +6.5k +6,529
68 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.22% of their portfolio TOKYO, M0 86,12686.1k $6.8m $6.8m 0.22% Reduced -3 -3
69 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 84,99085.0k $6.7m $6.7m 0.01% Added +38.9k +38,891
70 WESBANCO BANK INC 0.27% of their portfolio WHEELING, WV 81,87581.9k $6.4m $6.4m 0.27% Added +15.9k +15,925
71 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 81,09781.1k $6.4m $6.4m 0.00% Added +567 +567
72 BANK OF HAWAII 0.35% of their portfolio HONOLULU, HI 81,06681.1k $6.4m $6.4m 0.35% Added +17.3k +17,253
73 Aveo Capital Partners, LLC 0.81% of their portfolio ENGLEWOOD, CO 80,91780.9k $6.4m $6.4m 0.81% New
74 White Lighthouse Investment Management Inc. 1.51% of their portfolio BEDFORD, MA 80,55680.6k $6.3m $6.3m 1.51% Reduced -460 -460
75 RiverFront Investment Group, LLC 0.20% of their portfolio RICHMOND, VA 79,21379.2k $6.2m $6.2m 0.20% Added +10.6k +10,638
76 Johns Hopkins University 0.34% of their portfolio BALTIMORE, MD 78,49678.5k $6.2m $6.2m 0.34% Unchanged
77 Ledge Wealth Management, Inc. 2.80% of their portfolio SARTELL, MN 74,69574.7k $5.9m $5.9m 2.80% Added +2.0k +1,960
78 AGILIS PARTNERS LLC 2.14% of their portfolio WALTHAM, MA 69,73869.7k $5.5m $5.5m 2.14% Added +54.3k +54,280
79 Employees' Retirement Fund of the City of Fort Worth 0.94% of their portfolio FORT WORTH, TX 64,00064.0k $5.0m $5.0m 0.94% Unchanged
80 Rakuten Investment Management, Inc. 0.05% of their portfolio TOKYO, M0 63,64163.6k $4.9m $4.9m 0.05% Reduced -600 -600
81 STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio MADISON, WI 63,48063.5k $5.0m $5.0m 0.01% Unchanged
82 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 62,51062.5k $4.9m $4.9m 0.00% Added +279 +279
83 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 60,87360.9k $4.8m $4.8m 0.01% Added +20.8k +20,761
84 Galvin, Gaustad & Stein, LLC 0.46% of their portfolio Scottsdale, AZ 60,81560.8k $4.8m $4.8m 0.46% Reduced -13.8k -13,779
85 Checchi Capital Advisers, LLC 0.39% of their portfolio BEVERLY HILLS, CA 55,60955.6k $4.4m $4.4m 0.39% Added +4.7k +4,665
86 DAVENPORT & Co LLC 0.03% of their portfolio RICHMOND, VA 54,19854.2k $4.3m $4.3m 0.03% Added +3.5k +3,455
87 JAMES INVESTMENT RESEARCH, INC. 0.48% of their portfolio ALPHA, OH 48,16548.2k $3.8m $3.8m 0.48% Added +1.9k +1,908
88 HORIZON FINANCIAL SERVICES, LLC 3.04% of their portfolio WINSTON SALEM, NC 47,64047.6k $3.7m $3.7m 3.04% Added +1.7k +1,741
89 Aberdeen Group plc 0.01% of their portfolio EDINBURGH, X0 47,54247.5k $3.7m $3.7m 0.01% Unchanged
90 Insight Wealth Strategies, LLC 0.68% of their portfolio SAN RAMON, CA 45,19545.2k $3.5m $3.5m 0.68% Added +156 +156
91 GeoWealth Management, LLC 0.38% of their portfolio CHICAGO, IL 44,90044.9k $3.5m $3.5m 0.38% Added +1.8k +1,847
92 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 43,35643.4k $3.4m $3.4m 0.02% Added +14.8k +14,794
93 Atria Investments, Inc 0.06% of their portfolio Charlotte, NC 43,31943.3k $3.4m $3.4m 0.06% Reduced -5.5k -5,476
94 MIdWestOne Financial Group, Inc. 0.66% of their portfolio Iowa City, IA 38,81738.8k $3.0m $3.0m 0.66% Added +9.2k +9,248
95 B. Riley Wealth Advisors, Inc. 0.07% of their portfolio MEMPHIS, TN 37,58237.6k $2.9m $2.9m 0.07% Added +4.8k +4,775
96 GOULD ASSET MANAGEMENT LLC /CA/ 0.82% of their portfolio CLAREMONT, CA 37,48037.5k $2.9m $2.9m 0.82% Added +765 +765
97 Mission Creek Capital Partners, Inc. 0.91% of their portfolio SAN FRANCISCO, CA 35,90135.9k $2.8m $2.8m 0.91% Added +10.8k +10,774
98 Northeast Financial Group, Inc. 1.78% of their portfolio Allentown, PA 35,32535.3k $2.8m $2.8m 1.78% Added +8.8k +8,827
99 ABSOLUTE CAPITAL MANAGEMENT, LLC 2.54% of their portfolio Pittsburgh, PA 35,08535.1k $2.8m $2.8m 2.54% Reduced -2.3k -2,316
100 NewEdge Advisors, LLC 0.03% of their portfolio NEW ORLEANS, LA 33,52633.5k $2.6m $2.6m 0.03% Added +33.3k +33,314