Vault-13

VANGUARD SCOTTSDALE FDS VCLT

LG-TERM COR BD · ETP · CUSIP 92206C813

286 institutional holders +42 vs Q3 2023
59,159,87659.2m shares reported held*
$4.8bnreported value*
57 new 92 added 92 reduced 29 sold out net sold ≈ $163.0m (-2.0m 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $80.31. Options: 2 managers hold calls ($7.5m notional), 2 hold puts ($7.2m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 210Q4 22: 225Q1 23: 227Q2 23: 247Q3 23: 244Q4 23: 286286Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022210
Q4 2022225
Q1 2023227
Q2 2023247
Q3 2023244
Q4 2023286

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 23Q3 23: 122 bought or addedQ3 23: 118 cut or sold outQ3 23Q4 23: 149 bought or addedQ4 23: 121 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 202211094
Q1 202312885
Q2 202314971
Q3 2023122118
Q4 2023149121

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ1 23 calls: $5.3mQ1 23 puts: $4.1mQ1 23P/C 0.77Q2 23 calls: $4.5mQ2 23 puts: $4.0mQ2 23P/C 0.89Q3 23 calls: $9.0mQ3 23 puts: $5.7mQ3 23P/C 0.64Q4 23 calls: $7.5mQ4 23 puts: $7.2mQ4 23P/C 0.95
Numbers
QuarterCallsPutsP/C
Q1 2023$5.3m$4.1m0.77
Q2 2023$4.5m$4.0m0.89
Q3 2023$9.0m$5.7m0.64
Q4 2023$7.5m$7.2m0.95

Biggest buyers

MORGAN STANLEY Added +4,083,955+4.1m
Angeles Investment Advisors, LLC New +1,718,000+1.7m
Johns Hopkins University Added +1,355,900+1.4m
BNP PARIBAS FINANCIAL MARKETS Added +1,317,500+1.3m
JPMORGAN CHASE & CO Added +498,741+498.7k
AGILIS PARTNERS LLC Added +381,462+381.5k
UBS Group AG Added +339,978+340.0k
BENJAMIN F. EDWARDS & COMPANY, INC. Added +299,286+299.3k
STIFEL FINANCIAL CORP Added +265,327+265.3k
Destiny Wealth Partners, LLC New +239,716+239.7k

Biggest sellers

State of Tennessee, Department of Treasury Reduced -3,098,531-3.1m
BlackRock Inc. Reduced -1,550,513-1.6m
JANE STREET GROUP, LLC Reduced -970,176-970.2k
CANADA PENSION PLAN INVESTMENT BOARD Sold out -860,000-860.0k
Janney Montgomery Scott LLC Reduced -856,931-856.9k
BANK OF AMERICA CORP /DE/ Reduced -844,836-844.8k
ENVESTNET ASSET MANAGEMENT INC Reduced -797,102-797.1k
NYL Investors LLC Reduced -663,100-663.1k
WestEnd Advisors, LLC Reduced -577,053-577.1k
TRUIST FINANCIAL CORP Reduced -555,049-555.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.4m79.5k shares
CITADEL ADVISORS LLC Reduced $1.2m14.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.8m84.5k shares
CITADEL ADVISORS LLC Added $424.8k5.3k 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 Johns Hopkins University 21.54% of their portfolio BALTIMORE, MD 6,385,3026.4m $511.8m $511.8m 21.54% Added +1.4m +1,355,900
2 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 5,940,9885.9m $476.2m $476.2m 0.02% Added +4.1m +4,083,955
3 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 3,872,8223.9m $310.4m $310.4m 0.01% Reduced -63.3k -63,285
4 State of Tennessee, Department of Treasury 1.08% of their portfolio NASHVILLE, TN 3,433,8693.4m $275.2m $275.2m 1.08% Reduced -3.1m -3,098,531
5 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 3,406,9083.4m $273.1m $273.1m 0.03% Reduced -844.8k -844,836
6 Meiji Yasuda Life Insurance Co 4.93% of their portfolio TOKYO, M0 2,833,0002.8m $227.1m $227.1m 4.93% Unchanged
7 Allianz Investment Management U.S. LLC 11.81% of their portfolio Minneapolis, MN 2,416,0122.4m $193.6m $193.6m 11.81% Unchanged
8 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 2,302,7292.3m $184.6m $184.6m 0.05% Added +44.4k +44,437
9 Daiichi Life Insurance Co., Ltd. 3.66% of their portfolio TOKYO, M0 2,199,2602.2m $176.3m $176.3m 3.66% Reduced -6.7k -6,721
10 Angeles Investment Advisors, LLC 8.30% of their portfolio SANTA MONICA, CA 1,718,0001.7m $137.7m $137.7m 8.30% New
11 BNP PARIBAS FINANCIAL MARKETS 0.20% of their portfolio PARIS, I0 1,379,2381.4m $110.5m $110.5m 0.20% Added +1.3m +1,317,500
12 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,221,3551.2m $97.9m $97.9m 0.03% Reduced -267.1k -267,114
13 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 1,178,3041.2m $94.4m $94.4m 0.04% Reduced -797.1k -797,102
14 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,013,5871.0m $81.2m $81.2m 0.02% Reduced -44.0k -44,000
15 UBS Group AG 0.03% of their portfolio ZURICH, V8 844,572844.6k $67.7m $67.7m 0.03% Added +340.0k +339,978
16 Janney Montgomery Scott LLC 0.21% of their portfolio PHILADELPHIA, PA 815,166815.2k $65.3m $65.3m 0.21% Reduced -856.9k -856,931
17 Allspring Global Investments Holdings, LLC 0.10% of their portfolio CHARLOTTE, NC 719,359719.4k $57.7m $57.7m 0.10% Reduced -22.5k -22,532
18 DSC Meridian Capital LP 40.88% of their portfolio NEW YORK, NY 699,548699.5k $56.1m $56.1m 40.88% First filing
19 AGILIS PARTNERS LLC 14.75% of their portfolio WALTHAM, MA 699,510699.5k $56.1m $56.1m 14.75% Added +381.5k +381,462
20 TRUIST FINANCIAL CORP 0.09% of their portfolio CHARLOTTE, NC 677,079677.1k $54.3m $54.3m 0.09% Reduced -555.0k -555,049
21 NYL Investors LLC 1.94% of their portfolio NEW YORK, NY 597,900597.9k $47.9m $47.9m 1.94% Reduced -663.1k -663,100
22 NISA INVESTMENT ADVISORS, LLC 0.31% of their portfolio ST. LOUIS, MO 549,731549.7k $44.1m $44.1m 0.31% Reduced -2.0k -1,990
23 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 543,984544.0k $43.6m $43.6m 0.00% Added +498.7k +498,741
24 RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio ST PETERSBURG, FL 540,491540.5k $43.3m $43.3m 0.03% Reduced -478.3k -478,337
25 WestEnd Advisors, LLC 1.15% of their portfolio CHARLOTTE, NC 521,044521.0k $41.8m $41.8m 1.15% Reduced -577.1k -577,053
26 CONNING INC. 1.33% of their portfolio HARTFORD, CT 478,554478.6k $38.4m $38.4m 1.33% Unchanged
27 Diana Davis Spencer Foundation 13.99% of their portfolio BETHESDA, MD 461,000461.0k $36.9m $36.9m 13.99% Unchanged
28 Advisory Alpha, LLC 1.56% of their portfolio HOLLAND, MI 426,048426.0k $34.2m $34.2m 1.56% Reduced -5.0k -4,994
29 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 406,401406.4k $32.6m $32.6m 0.02% Added +63.1k +63,064
30 FIDUCIENT ADVISORS LLC 5.23% of their portfolio Chicago, IL 348,390348.4k $27.9m $27.9m 5.23% Added +60.2k +60,227
31 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 332,497332.5k $26.6m $26.6m 0.03% Added +265.3k +265,327
32 1832 Asset Management L.P. 0.05% of their portfolio TORONTO, A6 331,004331.0k $26.5m $26.5m 0.05% Added +48.1k +48,102
33 BENJAMIN F. EDWARDS & COMPANY, INC. 0.51% of their portfolio ST. LOUIS, MO 314,961315.0k $25.2m $25.2m 0.51% Added +299.3k +299,286
34 Raymond James Financial Services Advisors, Inc. 0.04% of their portfolio ST. PETERSBURG, FL 308,691308.7k $24.7m $24.7m 0.04% Added +22.1k +22,142
35 MML INVESTORS SERVICES, LLC 0.11% of their portfolio SPRINGFIELD, MA 306,891306.9k $24.6m $24.6m 0.11% Added +40.1k +40,086
36 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 267,049267.0k $21.4m $21.4m 0.04% Reduced -54.4k -54,436
37 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 255,572255.6k $20.5m $20.5m 0.02% Reduced -970.2k -970,176
38 UNITED SERVICES AUTOMOBILE ASSOCIATION 0.43% of their portfolio SAN ANTONIO, TX 240,365240.4k $19.3m $19.3m 0.43% Unchanged
39 Destiny Wealth Partners, LLC 3.54% of their portfolio TAVARES, FL 239,716239.7k $18.8m $18.8m 3.54% New
40 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 235,318235.3k $18.9m $18.9m 0.01% Reduced -73.7k -73,743
41 GLOBE LIFE INC. 5.59% of their portfolio MCKINNEY, TX 233,500233.5k $18.7m $18.7m 5.59% Added +130.0k +130,000
42 Mirae Asset Global Investments Co., Ltd. 0.04% of their portfolio SEOUL, M5 227,477227.5k $18.2m $18.2m 0.04% Added +39.3k +39,341
43 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 226,203226.2k $18.1m $18.1m 0.00% Reduced -233.3k -233,328
44 SEI INVESTMENTS CO 0.03% of their portfolio OAKS, PA 212,362212.4k $17.0m $17.0m 0.03% Added +70.5k +70,519
45 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 210,645210.6k $16.9m $16.9m 0.01% New
46 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 208,416208.4k $16.7m $16.7m 0.01% Added +2.8k +2,805
47 BARINGS LLC 0.52% of their portfolio CHARLOTTE, NC 202,755202.8k $16.3m $16.3m 0.52% Added +5.8k +5,759
48 RiverFront Investment Group, LLC 0.49% of their portfolio RICHMOND, VA 196,515196.5k $15.8m $15.8m 0.49% Added +81.5k +81,452
49 VICTORY CAPITAL MANAGEMENT INC 0.02% of their portfolio San Antonio, TX 182,143182.1k $14.6m $14.6m 0.02% Reduced -205.2k -205,180
50 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 179,362179.4k $14.4m $14.4m 0.03% Added +9.3k +9,276
51 Mechanics Bank Trust Department 2.22% of their portfolio Walnut Creek, CA 177,195177.2k $14.2m $14.2m 2.22% New
52 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 173,476173.5k $13.9m $13.9m 0.02% Reduced -9.2k -9,208
53 Berkeley Capital Partners, LLC 4.42% of their portfolio Milton, GA 166,686166.7k $13.4m $13.4m 4.42% Reduced -16.6k -16,600
54 Advisors Preferred, LLC 1.98% of their portfolio ROCKVILLE, MD 150,575150.6k $12.0m $12.0m 1.98% New
55 MMA ASSET MANAGEMENT LLC 3.10% of their portfolio New York, NY 145,309145.3k $11.4m $11.4m 3.10% Reduced -31.6k -31,621
56 SWAN Capital LLC 6.42% of their portfolio PENSACOLA, FL 127,130127.1k $10.2m $10.2m 6.42% Added +76.6k +76,604
57 Systelligence, LLC 2.55% of their portfolio BLOOMINGTON, MN 116,567116.6k $9.3m $9.3m 2.55% Reduced -2.8k -2,838
58 Providence First Trust Co 4.43% of their portfolio SCOTTSDALE, AZ 112,415112.4k $9.0m $9.0m 4.43% Reduced -371 -371
59 AMARILLO NATIONAL BANK 1.66% of their portfolio AMARILLO, TX 107,976108.0k $8.7m $8.7m 1.66% Unchanged
60 Octavia Wealth Advisors, LLC 1.52% of their portfolio CINCINNATI, OH 107,532107.5k $8.6m $8.6m 1.52% Added +3.5k +3,520
61 FIRST NATIONAL BANK SIOUX FALLS 4.28% of their portfolio SIOUX FALLS, SD 104,263104.3k $8.4m $8.4m 4.28% Unchanged
62 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.12% of their portfolio ST. LOUIS, MO 104,243104.2k $8.4m $8.4m 0.12% New
63 Manning & Napier Group, LLC 0.10% of their portfolio Fairport, NY 102,456102.5k $8.2m $8.2m 0.10% Added +276 +276
64 Refined Wealth Management 6.00% of their portfolio SALT LAKE CITY, UT 96,01796.0k $7.7m $7.7m 6.00% Added +3.2k +3,211
65 Checchi Capital Advisers, LLC 0.62% of their portfolio BEVERLY HILLS, CA 95,67295.7k $7.7m $7.7m 0.62% Added +53.5k +53,515
66 One Wealth Map LLC 4.60% of their portfolio LAS VEGAS, NV 94,14794.1k $7.3m $7.3m 4.60% New
67 Boyd Wealth Management, LLC 4.66% of their portfolio SACRAMENTO, CA 93,53093.5k $7.5m $7.5m 4.66% Added +6.9k +6,877
68 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 92,94492.9k $7.4m $7.4m 0.00% Added +1.2k +1,177
69 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.23% of their portfolio TOKYO, M0 89,39689.4k $7.2m $7.2m 0.23% Added +1.1k +1,116
70 Aveo Capital Partners, LLC 0.84% of their portfolio ENGLEWOOD, CO 87,06287.1k $7.0m $7.0m 0.84% Added +5.6k +5,580
71 Moran Wealth Management, LLC 0.24% of their portfolio NAPLES, FL 83,97884.0k $6.7m $6.7m 0.24% Reduced -11.3k -11,253
72 Visionary Horizons, LLC 5.38% of their portfolio Knoxville, TN 82,76782.8k $6.6m $6.6m 5.38% First filing
73 Ledge Wealth Management, Inc. 2.46% of their portfolio SARTELL, MN 78,89778.9k $6.3m $6.3m 2.46% Added +2.3k +2,275
74 White Lighthouse Investment Management Inc. 1.38% of their portfolio BEDFORD, MA 78,55978.6k $6.3m $6.3m 1.38% Added +5.4k +5,439
75 WealthShield Partners, LLC 1.02% of their portfolio CARY, NC 77,50277.5k $6.2m $6.2m 1.02% Reduced -9.2k -9,225
76 GYL Financial Synergies, LLC 0.50% of their portfolio West Hartford, CT 75,37975.4k $6.0m $6.0m 0.50% New
77 BANK OF HAWAII 0.31% of their portfolio HONOLULU, HI 73,30573.3k $5.9m $5.9m 0.31% Added +1.7k +1,660
78 Clearstead Advisors, LLC 0.30% of their portfolio CLEVELAND, OH 69,67069.7k $5.6m $5.6m 0.30% Reduced -125.0k -125,014
79 FINANCIAL ADVISORY PARTNERS, LLC 1.93% of their portfolio WINTER PARK, FL 66,20066.2k $5.3m $5.3m 1.93% Added +37.2k +37,209
80 Rakuten Investment Management, Inc. 0.05% of their portfolio TOKYO, M0 65,24165.2k $5.3m $5.3m 0.05% Added +1.5k +1,500
81 Prospera Financial Services Inc 0.17% of their portfolio Dallas, TX 64,28364.3k $5.2m $5.2m 0.17% Added +40.7k +40,690
82 Employees' Retirement Fund of the City of Fort Worth 1.03% of their portfolio FORT WORTH, TX 64,00064.0k $5.1m $5.1m 1.03% Unchanged
83 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 61,65361.7k $4.9m $4.9m 0.00% Reduced -562 -562
84 Marion Wealth Management 1.58% of their portfolio MONROEVILLE, PA 61,57861.6k $4.9m $4.9m 1.58% New
85 Fermata Advisors, LLC 1.15% of their portfolio SONOMA, CA 60,13160.1k $4.8m $4.8m 1.15% Added +2.4k +2,386
86 MIdWestOne Financial Group, Inc. 0.88% of their portfolio Iowa City, IA 57,96758.0k $4.6m $4.6m 0.88% Reduced -14.1k -14,055
87 Northeast Financial Group, Inc. 1.96% of their portfolio Allentown, PA 49,87949.9k $4.0m $4.0m 1.96% Added +12.4k +12,446
88 Regal Investment Advisors LLC 0.30% of their portfolio KENTWOOD, MI 48,94548.9k $3.9m $3.9m 0.30% Reduced -46.5k -46,496
89 GUGGENHEIM CAPITAL LLC 0.03% of their portfolio CHICAGO, IL 47,96948.0k $3.8m $3.8m 0.03% Reduced -11.1k -11,074
90 HORIZON FINANCIAL SERVICES, LLC 2.67% of their portfolio WINSTON SALEM, NC 47,27047.3k $3.8m $3.8m 2.67% Reduced -1.6k -1,626
91 SYKON CAPITAL LLC 1.48% of their portfolio HARRISON, NY 46,40846.4k $3.7m $3.7m 1.48% Reduced -8.6k -8,607
92 NewEdge Wealth, LLC 0.09% of their portfolio STAMFORD, CT 46,22346.2k $3.7m $3.7m 0.09% Added +42.1k +42,075
93 Galvin, Gaustad & Stein, LLC 0.34% of their portfolio Scottsdale, AZ 45,91545.9k $3.7m $3.7m 0.34% Reduced -12.5k -12,462
94 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 44,64544.6k $3.6m $3.6m 0.02% Added +11.0k +11,017
95 B. Riley Wealth Advisors, Inc. 0.09% of their portfolio MEMPHIS, TN 42,17042.2k $3.4m $3.4m 0.09% Added +2.6k +2,592
96 COMERICA BANK 0.02% of their portfolio DALLAS, TX 42,09842.1k $3.4m $3.4m 0.02% Reduced -9.2k -9,234
97 Insight Wealth Strategies, LLC 0.54% of their portfolio SAN RAMON, CA 41,95642.0k $3.4m $3.4m 0.54% Added +362 +362
98 GOULD ASSET MANAGEMENT LLC /CA/ 0.84% of their portfolio CLAREMONT, CA 40,49140.5k $3.2m $3.2m 0.84% Reduced -196 -196
99 Econ Financial Services Corp 2.26% of their portfolio HARRISBURG, PA 40,08840.1k $3.2m $3.2m 2.26% Reduced -6.8k -6,750
100 JAMES INVESTMENT RESEARCH, INC. 0.40% of their portfolio ALPHA, OH 39,65439.7k $3.2m $3.2m 0.40% Reduced -7.5k -7,528