Vault-13

VANGUARD SCOTTSDALE FDS VCLT

LG-TERM COR BD · ETP · CUSIP 92206C813

353 institutional holders +20 vs Q3 2024
141,402,630141.4m shares reported held*
$10.6bnreported value*
43 new 146 added 97 reduced 39 sold out net bought ≈ $625.9m (+7.7m 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 ($3.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $74.81. Options: 3 managers hold calls ($5.2m notional), 3 hold puts ($4.1m).

Trends to Q4 2024

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 210Q4 22: 225Q1 23: 227Q2 23: 247Q3 23: 244Q4 23: 286Q1 24: 306Q2 24: 310Q3 24: 333Q4 24: 353353Q3 22Q1 23Q3 23Q1 24Q3 24Q4 24
Numbers
QuarterHolders
Q3 2022210
Q4 2022225
Q1 2023227
Q2 2023247
Q3 2023244
Q4 2023286
Q1 2024306
Q2 2024310
Q3 2024333
Q4 2024353

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q1 23: 128 bought or addedQ1 23: 85 cut or sold outQ2 23: 149 bought or addedQ2 23: 71 cut or sold outQ2 23Q3 23: 122 bought or addedQ3 23: 118 cut or sold outQ4 23: 149 bought or addedQ4 23: 121 cut or sold outQ4 23Q1 24: 179 bought or addedQ1 24: 129 cut or sold outQ2 24: 165 bought or addedQ2 24: 133 cut or sold outQ2 24Q3 24: 206 bought or addedQ3 24: 98 cut or sold outQ4 24: 189 bought or addedQ4 24: 136 cut or sold outQ4 24
Numbers
QuarterBought or addedCut or sold out
Q1 202312885
Q2 202314971
Q3 2023122118
Q4 2023149121
Q1 2024179129
Q2 2024165133
Q3 202420698
Q4 2024189136

Calls vs puts

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

CallsPuts
$0$2.5m$5m$7.5m$10mQ1 24 calls: $9.0mQ1 24 puts: $6.6mQ1 24P/C 0.73Q2 24 calls: $7.5mQ2 24 puts: $6.8mQ2 24P/C 0.91Q3 24 calls: $4.3mQ3 24 puts: $4.7mQ3 24P/C 1.11Q4 24 calls: $5.2mQ4 24 puts: $4.1mQ4 24P/C 0.78
Numbers
QuarterCallsPutsP/C
Q1 2024$9.0m$6.6m0.73
Q2 2024$7.5m$6.8m0.91
Q3 2024$4.3m$4.7m1.11
Q4 2024$5.2m$4.1m0.78

Biggest buyers

PRUDENTIAL PLC Added +7,307,685+7.3m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC New +2,167,283+2.2m
Varma Mutual Pension Insurance Co New +1,600,000+1.6m
JPMORGAN CHASE & CO Added +742,833+742.8k
BNP PARIBAS FINANCIAL MARKETS Added +698,745+698.7k
MORGAN STANLEY Added +684,932+684.9k
State of Tennessee, Department of Treasury Added +608,967+609.0k
BlackRock, Inc. Added +572,626+572.6k
ALLIANCEBERNSTEIN L.P. New +543,784+543.8k
BANK OF AMERICA CORP /DE/ Added +468,697+468.7k

Biggest sellers

Johns Hopkins University Sold out -2,409,010-2.4m
Daiichi Life Insurance Co., Ltd. Reduced -2,224,814-2.2m
ASSETMARK, INC Reduced -1,103,828-1.1m
INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC Sold out -661,251-661.3k
MILLENNIUM MANAGEMENT LLC Sold out -547,097-547.1k
CITADEL ADVISORS LLC Reduced -531,989-532.0k
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO Sold out -302,800-302.8k
Ocean Park Asset Management, LLC Sold out -228,800-228.8k
NISA INVESTMENT ADVISORS, LLC Reduced -214,079-214.1k
CITIGROUP INC Reduced -199,958-200.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.3m57.9k shares
WOLVERINE TRADING, LLC New $458.0k6.1k shares
CITADEL ADVISORS LLC Added $403.8k5.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.4m32.0k shares
CITADEL ADVISORS LLC Added $1.2m16.4k shares
WOLVERINE TRADING, LLC New $435.5k5.8k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 PRUDENTIAL PLC 31.75% of their portfolio LONDON, X0 83,858,67983.9m $6.3bn $6.3bn 31.75% Added +7.3m +7,307,685
2 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 5,328,5065.3m $398.5m $398.5m 0.03% Added +684.9k +684,932
3 VANGUARD GROUP INC 0.01% of their portfolio Valley Forge, PA 4,847,2474.8m $362.5m $362.5m 0.01% Added +293.9k +293,885
4 State of Tennessee, Department of Treasury 1.23% of their portfolio NASHVILLE, TN 4,525,4794.5m $338.4m $338.4m 1.23% Added +609.0k +608,967
5 Meiji Yasuda Life Insurance Co 3.99% of their portfolio TOKYO, M0 2,833,0002.8m $211.9m $211.9m 3.99% Unchanged
6 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 2,580,9952.6m $193.0m $193.0m 0.02% Added +468.7k +468,697
7 Allianz Investment Management U.S. LLC 12.74% of their portfolio Minneapolis, MN 2,416,0122.4m $180.7m $180.7m 12.74% Unchanged
8 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 2,167,2832.2m $162.1m $162.1m 0.03% New
9 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,692,3071.7m $126.6m $126.6m 0.03% Added +466.2k +466,240
10 Varma Mutual Pension Insurance Co 0.91% of their portfolio Varma, H9 1,600,0001.6m $119.6m $119.6m 0.91% New
11 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,428,3831.4m $106.8m $106.8m 0.01% Added +742.8k +742,833
12 Angeles Investment Advisors, LLC 5.13% of their portfolio SANTA MONICA, CA 1,425,0001.4m $106.6m $106.6m 5.13% Unchanged
13 BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio PARIS, I0 1,357,1451.4m $101.5m $101.5m 0.08% Added +698.7k +698,745
14 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,116,3701.1m $83.6m $83.6m 0.02% Reduced -16.3k -16,281
15 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 832,354832.4k $62.2m $62.2m 0.06% Reduced -532.0k -531,989
16 UBS Group AG 0.01% of their portfolio ZURICH, V8 760,989761.0k $56.9m $56.9m 0.01% Added +86.5k +86,468
17 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 657,929657.9k $49.2m $49.2m 0.02% First filing
18 BlackRock, Inc. 0.00% of their portfolio New York, NY 622,406622.4k $46.5m $46.5m 0.00% Added +572.6k +572,626
19 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 618,967619.0k $46.3m $46.3m 0.02% Added +114.7k +114,709
20 NYL Investors LLC 4.15% of their portfolio NEW YORK, NY 614,200614.2k $45.9m $45.9m 4.15% Added +5.6k +5,600
21 MML INVESTORS SERVICES, LLC 0.16% of their portfolio SPRINGFIELD, MA 600,962601.0k $44.9m $44.9m 0.16% Added +37.4k +37,427
22 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 593,612593.6k $44.4m $44.4m 0.01% Added +48.9k +48,874
23 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 575,922575.9k $43.1m $43.1m 0.01% Reduced -70.7k -70,682
24 Allspring Global Investments Holdings, LLC 0.07% of their portfolio CHARLOTTE, NC 569,098569.1k $42.6m $42.6m 0.07% Added +141.4k +141,449
25 ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio NASHVILLE, TN 543,784543.8k $40.7m $40.7m 0.01% New
26 GDS Wealth Management 3.51% of their portfolio FLOWER MOUND, TX 515,633515.6k $38.6m $38.6m 3.51% Added +78.2k +78,215
27 Advisory Alpha, LLC 1.32% of their portfolio HOLLAND, MI 493,859493.9k $36.9m $36.9m 1.32% Reduced -702 -702
28 GLOBE LIFE INC. 9.90% of their portfolio MCKINNEY, TX 474,500474.5k $35.5m $35.5m 9.90% Unchanged
29 Diana Davis Spencer Foundation 12.16% of their portfolio BETHESDA, MD 461,000461.0k $34.5m $34.5m 12.16% Unchanged
30 Sanctuary Advisors, LLC 0.22% of their portfolio INDIANAPOLIS, IN 458,816458.8k $34.6m $34.6m 0.22% Added +25.9k +25,906
31 JANE STREET GROUP, LLC 0.05% of their portfolio NEW YORK, NY 428,858428.9k $32.1m $32.1m 0.05% Added +53.7k +53,709
32 FIDUCIENT ADVISORS LLC 3.94% of their portfolio Chicago, IL 426,469426.5k $31.9m $31.9m 3.94% Unchanged
33 Employees' Retirement Fund of the City of Fort Worth 14.53% of their portfolio FORT WORTH, TX 416,500416.5k $31.1m $31.1m 14.53% Added +150.0k +150,000
34 ALERUS FINANCIAL NA 2.32% of their portfolio GRAND FORKS, ND 405,868405.9k $30.4m $30.4m 2.32% Added +7.6k +7,602
35 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 348,822348.8k $26.1m $26.1m 0.01% Reduced -7.7k -7,729
36 1832 Asset Management L.P. 0.05% of their portfolio TORONTO, A6 341,364341.4k $25.5m $25.5m 0.05% Added +9.6k +9,599
37 CoreCap Advisors, LLC 1.16% of their portfolio SOUTHFIELD, MI 340,446340.4k $25.5m $25.5m 1.16% Added +25.4k +25,357
38 Insight Wealth Strategies, LLC 3.19% of their portfolio SAN RAMON, CA 317,834317.8k $23.8m $23.8m 3.19% Added +9.1k +9,089
39 BENJAMIN EDWARDS INC 0.33% of their portfolio Clayton, MO 309,245309.2k $23.1m $23.1m 0.33% Added +18.1k +18,123
40 NewEdge Wealth, LLC 0.40% of their portfolio STAMFORD, CT 308,935308.9k $23.1m $23.1m 0.40% Added +53.5k +53,522
41 MIdWestOne Financial Group, Inc. 3.12% of their portfolio Iowa City, IA 297,004297.0k $22.2m $22.2m 3.12% Added +9.6k +9,579
42 DSC Meridian Capital LP 14.59% of their portfolio NEW YORK, NY 293,500293.5k $21.9m $21.9m 14.59% Unchanged
43 AGILIS PARTNERS LLC 6.43% of their portfolio WALTHAM, MA 285,688285.7k $21.4m $21.4m 6.43% Reduced -117.4k -117,424
44 Bramshill Investments, LLC 3.34% of their portfolio NAPLES, FL 283,921283.9k $21.2m $21.2m 3.34% Added +223.9k +223,921
45 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 281,996282.0k $21.1m $21.1m 0.03% Added +82.4k +82,403
46 DOW CHEMICAL CO /DE/ 3.46% of their portfolio MIDLAND, MI 264,221264.2k $19.8m $19.8m 3.46% Unchanged
47 Francis Financial, Inc. 4.46% of their portfolio NEW YORK, NY 256,127256.1k $19.2m $19.2m 4.46% Added +29.8k +29,827
48 OSAIC HOLDINGS, INC. 0.04% of their portfolio SCOTTSDALE, AZ 249,178249.2k $18.6m $18.6m 0.04% Reduced -81.3k -81,257
49 Mirae Asset Global Investments Co., Ltd. 0.06% of their portfolio SEOUL, M5 248,030248.0k $15.8m $15.8m 0.06% Reduced -8.6k -8,550
50 SWAN Capital LLC 8.91% of their portfolio PENSACOLA, FL 244,208244.2k $18.3m $18.3m 8.91% Added +23.3k +23,340
51 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 234,675234.7k $17.5m $17.5m 0.04% Added +44.3k +44,340
52 JANUS HENDERSON GROUP PLC 0.01% of their portfolio LONDON, X0 233,028233.0k $17.4m $17.4m 0.01% Reduced -69.0k -69,035
53 Penserra Capital Management LLC 0.32% of their portfolio ORINDA, CA 231,226231.2k $17.3m $17.3m 0.32% Added +116.1k +116,094
54 RiverFront Investment Group, LLC 0.39% of their portfolio RICHMOND, VA 228,265228.3k $17.1m $17.1m 0.39% Added +8.6k +8,630
55 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 220,178220.2k $16.5m $16.5m 0.03% Added +38.5k +38,458
56 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 202,711202.7k $15.2m $15.2m 0.01% Reduced -97.1k -97,138
57 AMG National Trust Bank 0.41% of their portfolio GREENWOOD VILLAGE, CO 196,940196.9k $14.8m $14.8m 0.41% Added +3.8k +3,771
58 UNITED SERVICES AUTOMOBILE ASSOCIATION 0.46% of their portfolio SAN ANTONIO, TX 189,350189.3k $14.2m $14.2m 0.46% Added +2.9k +2,937
59 Berkeley Capital Partners, LLC 3.94% of their portfolio Milton, GA 189,347189.3k $14.2m $14.2m 3.94% Added +5.7k +5,686
60 NISA INVESTMENT ADVISORS, LLC 0.05% of their portfolio ST. LOUIS, MO 180,184180.2k $13.5m $13.5m 0.05% Reduced -214.1k -214,079
61 BOYD WATTERSON ASSET MANAGEMENT LLC/OH 3.16% of their portfolio CLEVELAND, OH 151,842151.8k $11.4m $11.4m 3.16% Reduced -29.7k -29,687
62 Providence First Trust Co 4.22% of their portfolio SCOTTSDALE, AZ 150,120150.1k $11.2m $11.2m 4.22% Added +8.8k +8,813
63 Davidson Capital Management Inc. 2.76% of their portfolio CORPUS CHRISTI, TX 140,386140.4k $10.5m $10.5m 2.76% New
64 Lighthouse Financial LLC 8.46% of their portfolio LARGO, FL 139,256139.3k $10.4m $10.4m 8.46% First filing
65 Northeast Financial Group, Inc. 3.55% of their portfolio Allentown, PA 124,348124.3k $9.3m $9.3m 3.55% Added +1.1k +1,119
66 Prospect Financial Services LLC 4.95% of their portfolio MELVILLE, NY 121,170121.2k $9.1m $9.1m 4.95% Added +51.9k +51,931
67 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 118,275118.3k $8.8m $8.8m 0.02% Added +1.0k +1,008
68 NOTTINGHAM ADVISORS, INC. 1.05% of their portfolio AMHERST, NY 110,606110.6k $8.3m $8.3m 1.05% Reduced -13.2k -13,194
69 NewEdge Advisors, LLC 0.05% of their portfolio NEW ORLEANS, LA 108,070108.1k $8.1m $8.1m 0.05% Added +22.9k +22,918
70 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 107,810107.8k $8.1m $8.1m 0.03% Reduced -35.2k -35,184
71 FINANCIAL ADVISORY PARTNERS, LLC 2.57% of their portfolio WINTER PARK, FL 103,440103.4k $7.7m $7.7m 2.57% Added +4.0k +3,976
72 Refined Wealth Management 5.79% of their portfolio SALT LAKE CITY, UT 101,766101.8k $7.6m $7.6m 5.79% Reduced -501 -501
73 ASSETMARK, INC 0.02% of their portfolio CONCORD, CA 95,30395.3k $7.1m $7.1m 0.02% Reduced -1.1m -1,103,828
74 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 94,37394.4k $7.1m $7.1m 0.01% Added +25.7k +25,737
75 Aveo Capital Partners, LLC 0.76% of their portfolio ENGLEWOOD, CO 92,50692.5k $6.9m $6.9m 0.76% Reduced -50.6k -50,606
76 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.09% of their portfolio TOKYO, M0 91,42891.4k $6.8m $6.8m 0.09% Added +2.9k +2,918
77 One Wealth Map LLC 4.13% of their portfolio LAS VEGAS, NV 89,33889.3k $6.8m $6.8m 4.13% Added +2.5k +2,478
78 Visionary Horizons, LLC 4.34% of their portfolio Knoxville, TN 88,39088.4k $6.6m $6.6m 4.34% Added +3.0k +3,036
79 Sellwood Investment Partners LLC 3.44% of their portfolio PORTLAND, OR 85,56285.6k $6.4m $6.4m 3.44% First filing
80 White Lighthouse Investment Management Inc. 1.11% of their portfolio BEDFORD, MA 84,29384.3k $6.3m $6.3m 1.11% Added +1.2k +1,172
81 WEBSTERROGERS FINANCIAL ADVISORS, LLC 2.12% of their portfolio FLORENCE, SC 81,47181.5k $6.1m $6.1m 2.12% Added +2.0k +2,017
82 BANK OF HAWAII 0.33% of their portfolio HONOLULU, HI 80,89580.9k $6.0m $6.0m 0.33% Added +2.3k +2,297
83 CTC Alternative Strategies, Ltd. 7.75% of their portfolio CHICAGO, IL 80,00080.0k $6.0m $6.0m 7.75% New
84 Buck Wealth Strategies, LLC 1.23% of their portfolio DENVER, CO 79,15779.2k $5.9m $5.9m 1.23% Added +63.7k +63,692
85 VICTORY FINANCIAL GROUP, LLC 1.55% of their portfolio AUSTIN, TX 78,87378.9k $5.9m $5.9m 1.55% First filing
86 Prospera Financial Services Inc 0.13% of their portfolio Dallas, TX 76,29776.3k $5.7m $5.7m 0.13% Added +1.4k +1,401
87 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 75,86075.9k $5.7m $5.7m 0.00% Added +5.8k +5,846
88 Focus Partners Wealth 0.01% of their portfolio ST LOUIS, MO 74,38874.4k $8.8m $8.8m 0.01% Added +38.5k +38,504
89 BARINGS LLC 0.13% of their portfolio CHARLOTTE, NC 72,59972.6k $5.4m $5.4m 0.13% Reduced -93.5k -93,513
90 Econ Financial Services Corp 3.01% of their portfolio HARRISBURG, PA 70,08870.1k $5.2m $5.2m 3.01% Added +63.8k +63,849
91 Marion Wealth Management 1.38% of their portfolio MONROEVILLE, PA 69,54269.5k $5.2m $5.2m 1.38% Added +2.6k +2,616
92 CreativeOne Wealth, LLC 0.15% of their portfolio OVERLAND PARK, KS 66,54866.5k $5.0m $5.0m 0.15% Added +2.9k +2,862
93 Destiny Wealth Partners, LLC 0.80% of their portfolio TAVARES, FL 65,66665.7k $4.9m $4.9m 0.80% Added +1.2k +1,153
94 Antonelli Financial Advisors, LLC 4.14% of their portfolio GROSSE POINTE, MI 65,52165.5k $4.9m $4.9m 4.14% First filing
95 Marmo Financial Group, LLC 2.58% of their portfolio Johnson City, TN 63,92663.9k $4.8m $4.8m 2.58% Added +1.5k +1,543
96 MMA ASSET MANAGEMENT LLC 2.05% of their portfolio New York, NY 62,67662.7k $4.7m $4.7m 2.05% Reduced -87.0k -87,002
97 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 62,62162.6k $4.7m $4.7m 0.00% Added +1.7k +1,671
98 NewSquare Capital LLC 0.35% of their portfolio NEWTOWN SQUARE, PA 58,81658.8k $4.4m $4.4m 0.35% New
99 &PARTNERS 0.05% of their portfolio NASHVILLE, TN 57,66957.7k $4.3m $4.3m 0.05% Reduced -4.1k -4,097
100 B. Riley Wealth Advisors, Inc. 0.13% of their portfolio MEMPHIS, TN 54,92554.9k $4.1m $4.1m 0.13% Reduced -4.8k -4,841