Vault-13

VANGUARD SCOTTSDALE FDS VCLT

LG-TERM COR BD · ETP · CUSIP 92206C813

363 institutional holders +14 vs Q1 2026
71,469,57071.5m shares reported held*
$5.4bnreported value*
43 new 142 added 118 reduced 28 sold out net bought ≈ $472.6m (-54.7m 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 ($27.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $75.30. Options: 2 managers hold calls ($13.9m notional), 2 hold puts ($9.8m).

Trends to Q2 2026

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: 353Q1 25: 343Q2 25: 328Q3 25: 338Q4 25: 364Q1 26: 349Q2 26: 363363Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 2022210
Q4 2022225
Q1 2023227
Q2 2023247
Q3 2023244
Q4 2023286
Q1 2024306
Q2 2024310
Q3 2024333
Q4 2024353
Q1 2025343
Q2 2025328
Q3 2025338
Q4 2025364
Q1 2026349
Q2 2026363

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 24: 206 bought or addedQ3 24: 98 cut or sold outQ4 24: 189 bought or addedQ4 24: 136 cut or sold outQ4 24Q1 25: 168 bought or addedQ1 25: 158 cut or sold outQ2 25: 171 bought or addedQ2 25: 156 cut or sold outQ2 25Q3 25: 192 bought or addedQ3 25: 128 cut or sold outQ4 25: 203 bought or addedQ4 25: 133 cut or sold outQ4 25Q1 26: 193 bought or addedQ1 26: 157 cut or sold outQ2 26: 185 bought or addedQ2 26: 146 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202420698
Q4 2024189136
Q1 2025168158
Q2 2025171156
Q3 2025192128
Q4 2025203133
Q1 2026193157
Q2 2026185146

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ3 25 calls: $15.5mQ3 25 puts: $10.3mQ3 25P/C 0.67Q4 25 calls: $10.5mQ4 25 puts: $5.8mQ4 25P/C 0.55Q1 26 calls: $11.4mQ1 26 puts: $8.0mQ1 26P/C 0.70Q2 26 calls: $13.9mQ2 26 puts: $9.8mQ2 26P/C 0.70
Numbers
QuarterCallsPutsP/C
Q3 2025$15.5m$10.3m0.67
Q4 2025$10.5m$5.8m0.55
Q1 2026$11.4m$8.0m0.70
Q2 2026$13.9m$9.8m0.70

Biggest buyers

MORGAN STANLEY Added +3,382,036+3.4m
iA Global Asset Management Inc. New +1,130,059+1.1m
CITIGROUP INC Added +1,105,660+1.1m
JPMORGAN CHASE & CO Added +1,079,872+1.1m
CITADEL ADVISORS LLC Added +722,098+722.1k
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC Added +645,000+645.0k
Ocean Park Asset Management, LLC New +519,400+519.4k
Quadrature Capital Ltd New +342,627+342.6k
Employees' Retirement Fund of the City of Fort Worth Added +300,000+300.0k
CAPITAL ADVISORS INC/OK New +265,037+265.0k

Biggest sellers

Gallagher Fiduciary Advisors, LLC Reduced -60,961,802-61.0m
Varma Mutual Pension Insurance Co Sold out -1,600,000-1.6m
COUNTRY TRUST BANK Reduced -1,593,110-1.6m
PNC Financial Services Group, Inc. Reduced -521,123-521.1k
OLD MISSION CAPITAL LLC Sold out -335,010-335.0k
JANE STREET GROUP, LLC Reduced -333,889-333.9k
GOLDMAN SACHS GROUP INC Reduced -215,280-215.3k
STATE STREET CORP Reduced -179,987-180.0k
WELLS FARGO & COMPANY/MN Reduced -144,280-144.3k
Angeles Investment Advisors, LLC Reduced -110,080-110.1k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.5m152.3k shares
CITADEL ADVISORS LLC Reduced $2.4m32.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $6.7m89.6k shares
CITADEL ADVISORS LLC Added $3.0m40.4k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.08% of their portfolio NEW YORK, NY 19,710,94719.7m $1.5bn $1.5bn 0.08% Added +3.4m +3,382,036
2 State of Tennessee, Department of Treasury 0.75% of their portfolio NASHVILLE, TN 3,332,9433.3m $250.8m $250.8m 0.75% Added +180.2k +180,246
3 Meiji Yasuda Life Insurance Co 7.07% of their portfolio TOKYO, M0 2,833,0002.8m $213.2m $213.2m 7.07% Unchanged
4 UBS Group AG 0.03% of their portfolio ZURICH, V8 2,541,7542.5m $191.3m $191.3m 0.03% Added +134.4k +134,416
5 Allianz SE 1.92% of their portfolio Munich, 2M 2,416,0122.4m $181.8m $181.8m 1.92% Unchanged
6 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 2,414,1962.4m $181.7m $181.7m 0.01% Added +667 +667
7 NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC 1.75% of their portfolio MILWAUKEE, WI 1,980,5902.0m $149.0m $149.0m 1.75% Added +645.0k +645,000
8 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,564,8731.6m $117.8m $117.8m 0.02% Reduced -144.3k -144,280
9 BNP PARIBAS FINANCIAL MARKETS 0.06% of their portfolio PARIS, I0 1,507,9361.5m $113.5m $113.5m 0.06% Added +6.7k +6,683
10 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,321,3361.3m $100.3m $100.3m 0.01% Added +1.1m +1,079,872
11 iA Global Asset Management Inc. 1.01% of their portfolio QUEBEC, A8 1,130,0591.1m $85.0m $85.0m 1.01% New
12 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 1,125,1851.1m $84.7m $84.7m 0.04% Added +1.1m +1,105,660
13 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,002,3901.0m $75.4m $75.4m 0.02% Added +183.7k +183,695
14 GDS Wealth Management 3.41% of their portfolio FLOWER MOUND, TX 951,292951.3k $71.6m $71.6m 3.41% Added +117.0k +117,049
15 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 904,047904.0k $68.0m $68.0m 0.01% Added +51.4k +51,419
16 CITADEL ADVISORS LLC 0.04% of their portfolio MIAMI, FL 846,095846.1k $63.7m $63.7m 0.04% Added +722.1k +722,098
17 Employees' Retirement Fund of the City of Fort Worth 20.46% of their portfolio FORT WORTH, TX 761,600761.6k $57.3m $57.3m 20.46% Added +300.0k +300,000
18 Davidson Capital Management Inc. 8.76% of their portfolio CORPUS CHRISTI, TX 726,874726.9k $54.7m $54.7m 8.76% Added +20.9k +20,863
19 GLOBE LIFE INC. 12.57% of their portfolio MCKINNEY, TX 704,500704.5k $53.0m $53.0m 12.57% Unchanged
20 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 683,525683.5k $51.1m $51.1m 0.02% Added +9.4k +9,409
21 NYL Investors LLC 18.69% of their portfolio NEW YORK, NY 647,899647.9k $48.8m $48.8m 18.69% Added +4.9k +4,877
22 Angeles Investment Advisors, LLC 2.72% of their portfolio SANTA MONICA, CA 602,320602.3k $45.3m $45.3m 2.72% Reduced -110.1k -110,080
23 Sanctuary Advisors, LLC 0.21% of their portfolio INDIANAPOLIS, IN 598,717598.7k $45.1m $45.1m 0.21% Added +4.3k +4,319
24 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 571,871571.9k $43.0m $43.0m 0.00% Reduced -180.0k -179,987
25 BlackRock, Inc. 0.00% of their portfolio New York, NY 570,850570.9k $43.0m $43.0m 0.00% Unchanged
26 Gallagher Fiduciary Advisors, LLC 1.39% of their portfolio ROLLING MEADOWS, IL 561,226561.2k $42.2m $42.2m 1.39% Reduced -61.0m -60,961,802
27 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 534,848534.8k $40.2m $40.2m 0.01% Added +26.0k +26,048
28 Advisory Alpha, LLC 0.98% of their portfolio HOLLAND, MI 531,412531.4k $40.0m $40.0m 0.98% Added +3.5k +3,453
29 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 529,936529.9k $39.9m $39.9m 0.01% Added +25.7k +25,658
30 Ocean Park Asset Management, LLC 1.88% of their portfolio SANTA MONICA, CA 519,400519.4k $39.1m $39.1m 1.88% New
31 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 503,759503.8k $37.9m $37.9m 0.06% Reduced -3.1k -3,113
32 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 495,059495.1k $37.3m $37.3m 0.01% Reduced -31.3k -31,292
33 BENJAMIN EDWARDS INC 0.33% of their portfolio Clayton, MO 482,700482.7k $36.3m $36.3m 0.33% Reduced -24.7k -24,713
34 CASTLEARK MANAGEMENT LLC 0.91% of their portfolio CHICAGO, IL 448,330448.3k $33.7m $33.7m 0.91% Unchanged
35 Insight Wealth Strategies, LLC 3.06% of their portfolio SAN RAMON, CA 420,326420.3k $31.4m $31.4m 3.06% Added +58.7k +58,675
36 ALERUS FINANCIAL NA 1.33% of their portfolio GRAND FORKS, ND 403,549403.5k $30.4m $30.4m 1.33% Reduced -4.8k -4,805
37 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 392,706392.7k $29.6m $29.6m 0.03% Added +26.9k +26,914
38 Cambridge Investment Research Advisors, Inc. 0.03% of their portfolio FAIRFIELD, IA 389,078389.1k $29.3m $29.3m 0.03% Added +155.9k +155,900
39 1832 Asset Management L.P. 0.04% of their portfolio TORONTO, A6 384,091384.1k $28.9m $28.9m 0.04% Added +11.5k +11,462
40 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 375,307375.3k $28.2m $28.2m 0.06% Added +99.5k +99,508
41 FIDUCIENT ADVISORS LLC 4.00% of their portfolio Chicago, IL 371,100371.1k $27.9m $27.9m 4.00% Added +17.8k +17,777
42 Quadrature Capital Ltd 0.22% of their portfolio LONDON, X0 342,627342.6k $25.8m $25.8m 0.22% New
43 Mirae Asset Global Investments Co., Ltd. 0.05% of their portfolio SEOUL, M5 335,681335.7k $25.3m $25.3m 0.05% Added +11.6k +11,582
44 Bramshill Investments, LLC 1.75% of their portfolio NAPLES, FL 303,536303.5k $22.8m $22.8m 1.75% Reduced -10.3k -10,327
45 SWAN Capital LLC 7.56% of their portfolio PENSACOLA, FL 293,502293.5k $22.1m $22.1m 7.56% Added +15.5k +15,520
46 COUNTRY TRUST BANK 0.36% of their portfolio Bloomington, IL 275,683275.7k $20.7m $20.7m 0.36% Reduced -1.6m -1,593,110
47 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 267,014267.0k $20.1m $20.1m 0.00% Reduced -1.2k -1,166
48 CAPITAL ADVISORS INC/OK 0.29% of their portfolio TULSA, OK 265,037265.0k $19.9m $19.9m 0.29% New
49 DOW CHEMICAL CO /DE/ 8.70% of their portfolio MIDLAND, MI 264,221264.2k $19.9m $19.9m 8.70% Reduced -71.7k -71,691
50 Berkeley Capital Partners, LLC 3.69% of their portfolio Milton, GA 238,015238.0k $17.9m $17.9m 3.69% Added +15.6k +15,611
51 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 226,154226.2k $17.0m $17.0m 0.02% Added +1.3k +1,339
52 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 222,799222.8k $16.8m $16.8m 0.02% Reduced -1.8k -1,842
53 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 222,049222.0k $16.7m $16.7m 0.01% Reduced -333.9k -333,889
54 EXCHANGE TRADED CONCEPTS, LLC 0.08% of their portfolio Oklahoma City, OK 220,058220.1k $16.6m $16.6m 0.08% Added +31.3k +31,302
55 Boyd Wealth Management, LLC 5.88% of their portfolio SACRAMENTO, CA 206,584206.6k $15.5m $15.5m 5.88% New
56 NICOLET BANKSHARES INC 0.48% of their portfolio GREEN BAY, WI 202,549202.5k $15.2m $15.2m 0.48% Reduced -4.8k -4,828
57 RFG Holdings, Inc. 3.18% of their portfolio Argyle, TX 201,796201.8k $15.2m $15.2m 3.18% Added +20.0k +20,012
58 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 201,234201.2k $15.1m $15.1m 0.01% Added +166.3k +166,330
59 NewEdge Wealth, LLC 0.15% of their portfolio STAMFORD, CT 191,908191.9k $14.4m $14.4m 0.15% Added +5.7k +5,710
60 UNITED SERVICES AUTOMOBILE ASSOCIATION 1.10% of their portfolio SAN ANTONIO, TX 180,653180.7k $13.6m $13.6m 1.10% Added +3.8k +3,814
61 Tidal Investments LLC 0.03% of their portfolio Milwaukee, WI 180,426180.4k $13.5m $13.5m 0.03% New
62 GUGGENHEIM CAPITAL LLC 0.09% of their portfolio CHICAGO, IL 179,275179.3k $13.5m $13.5m 0.09% Added +5.4k +5,376
63 PRINCIPAL FINANCIAL GROUP INC 0.01% of their portfolio DES MOINES, IA 169,000169.0k $12.7m $12.7m 0.01% Added +130.0k +130,000
64 NISA INVESTMENT ADVISORS, LLC 0.04% of their portfolio ST. LOUIS, MO 165,774165.8k $12.5m $12.5m 0.04% Added +2.1k +2,067
65 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 160,489160.5k $12.1m $12.1m 0.01% Reduced -521.1k -521,123
66 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 158,190158.2k $11.9m $11.9m 0.01% Reduced -88.1k -88,102
67 Providence First Trust Co 3.25% of their portfolio SCOTTSDALE, AZ 154,326154.3k $11.6m $11.6m 3.25% Added +16.6k +16,580
68 Seven Springs Wealth Group, LLC 2.51% of their portfolio BRENTWOOD, TN 152,727152.7k $11.5m $11.5m 2.51% Reduced -4.5k -4,451
69 Prospect Financial Services LLC 5.72% of their portfolio MELVILLE, NY 150,149150.1k $11.3m $11.3m 5.72% Added +23.5k +23,504
70 ONTARIO TEACHERS PENSION PLAN BOARD 0.07% of their portfolio Toronto, A6 145,740145.7k $11.0m $11.0m 0.07% New
71 Cordoba Advisory Partners LLC 2.27% of their portfolio NEW YORK, NY 142,287142.3k $10.7m $10.7m 2.27% Added +6.8k +6,762
72 CHOREO, LLC 0.12% of their portfolio ROCKFORD, IL 141,849141.8k $10.7m $10.7m 0.12% Reduced -4.6k -4,598
73 Janney Montgomery Scott LLC 0.02% of their portfolio PHILADELPHIA, PA 133,018133.0k $10.0m $10.0m 0.02% Added +2.4k +2,416
74 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 132,965133.0k $10.0m $10.0m 0.00% Reduced -215.3k -215,280
75 San Luis Wealth Advisors LLC 1.45% of their portfolio SAN LUIS OBISPO, CA 127,872127.9k $9.6m $9.6m 1.45% Added +13.4k +13,394
76 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 127,507127.5k $9.6m $9.6m 0.00% Added +34.5k +34,456
77 AMG National Trust Bank 0.19% of their portfolio GREENWOOD VILLAGE, CO 123,017123.0k $9.3m $9.3m 0.19% Reduced -31.4k -31,403
78 LeConte Wealth Management, LLC 4.90% of their portfolio Maryville, TN 119,483119.5k $9.0m $9.0m 4.90% Reduced -1.3k -1,328
79 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 114,466114.5k $8.7m $8.7m 0.00% Added +3.9k +3,949
80 Sellwood Investment Partners LLC 2.98% of their portfolio PORTLAND, OR 112,414112.4k $8.5m $8.5m 2.98% Added +7.1k +7,100
81 One Wealth Map LLC 3.72% of their portfolio LAS VEGAS, NV 110,719110.7k $8.0m $8.0m 3.72% Added +9.0k +9,038
82 WEBSTERROGERS FINANCIAL ADVISORS, LLC 2.09% of their portfolio FLORENCE, SC 108,330108.3k $8.2m $8.2m 2.09% Added +6.6k +6,555
83 NewEdge Advisors, LLC 0.02% of their portfolio NEW ORLEANS, LA 107,892107.9k $8.1m $8.1m 0.02% Reduced -556 -556
84 TRUIST FINANCIAL CORP 0.01% of their portfolio CHARLOTTE, NC 107,283107.3k $8.1m $8.1m 0.01% Added +3.4k +3,353
85 Retirement Planning Group, LLC 0.20% of their portfolio LEAWOOD, KS 104,536104.5k $7.9m $7.9m 0.20% New
86 Lighthouse Financial LLC 3.78% of their portfolio LARGO, FL 96,70396.7k $7.3m $7.3m 3.78% Reduced -12.4k -12,435
87 Antonelli Financial Advisors, LLC 4.96% of their portfolio GROSSE POINTE, MI 96,19496.2k $7.2m $7.2m 4.96% Reduced -1.9k -1,943
88 RiverFront Investment Group, LLC 0.09% of their portfolio RICHMOND, VA 95,30495.3k $7.2m $7.2m 0.09% Added +4.3k +4,259
89 NOTTINGHAM ADVISORS, INC. 0.80% of their portfolio AMHERST, NY 92,23692.2k $6.7m $6.7m 0.80% Added +35.5k +35,450
90 RHL GROUP, LLC 5.75% of their portfolio HOLLY, MI 92,13292.1k $6.9m $6.9m 5.75% Reduced -72.7k -72,741
91 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 91,82891.8k $6.9m $6.9m 0.03% Added +31.7k +31,655
92 Concurrent Investment Advisors, LLC 0.06% of their portfolio Tampa, FL 90,86890.9k $6.8m $6.8m 0.06% Added +7.0k +7,011
93 MONETA GROUP INVESTMENT ADVISORS LLC 0.05% of their portfolio ST LOUIS, MO 90,81390.8k $6.8m $6.8m 0.05% Reduced -9.5k -9,496
94 Marion Wealth Management 1.35% of their portfolio MONROEVILLE, PA 88,05188.1k $6.6m $6.6m 1.35% Added +2.6k +2,642
95 Rakuten Investment Management, Inc. 0.02% of their portfolio TOKYO, M0 85,16685.2k $6.5m $6.5m 0.02% Reduced -88.9k -88,924
96 Revisor Wealth Management LLC 1.54% of their portfolio AKRON, OH 85,11185.1k $6.4m $6.4m 1.54% Reduced -34.4k -34,413
97 SUMITOMO MITSUI FINANCIAL GROUP, INC. 0.12% of their portfolio TOKYO, M0 84,54984.5k $6.4m $6.4m 0.12% Reduced -5.4k -5,378
98 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 80,29280.3k $6.0m $6.0m 0.01% New
99 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 0.24% of their portfolio BETHESDA, MD 79,50079.5k $6.0m $6.0m 0.24% Reduced -40.5k -40,500
100 McMill Wealth Management 1.57% of their portfolio NORFOLK, NE 79,43779.4k $6.6m $6.6m 1.57% Reduced -14.6k -14,561