Vault-13

VANGUARD SCOTTSDALE FDS VGLT

LONG TERM TREAS · ETP · CUSIP 92206C847

295 institutional holders +7 vs Q2 2023
83,875,90383.9m shares reported held*
$4.7bnreported value*
53 new 129 added 85 reduced 48 sold out net bought ≈ $1.1bn (+20.2m 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 ($1.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $55.53. Options: 2 managers hold calls ($11.5m notional), 4 hold puts ($6.5m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

0100200300Q3 22: 206Q4 22: 237Q1 23: 253Q2 23: 288Q3 23: 295295Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022206
Q4 2022237
Q1 2023253
Q2 2023288
Q3 2023295

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 155 bought or addedQ4 22: 83 cut or sold outQ4 22Q1 23: 168 bought or addedQ1 23: 94 cut or sold outQ1 23Q2 23: 189 bought or addedQ2 23: 91 cut or sold outQ2 23Q3 23: 182 bought or addedQ3 23: 133 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 202215583
Q1 202316894
Q2 202318991
Q3 2023182133

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ4 22 calls: $6.5mQ4 22 puts: $2.8mQ4 22P/C 0.43Q1 23 calls: $7.4mQ1 23 puts: $6.0mQ1 23P/C 0.81Q2 23 calls: $6.2mQ2 23 puts: $13.6mQ2 23P/C 2.17Q3 23 calls: $11.5mQ3 23 puts: $6.5mQ3 23P/C 0.56
Numbers
QuarterCallsPutsP/C
Q4 2022$6.5m$2.8m0.43
Q1 2023$7.4m$6.0m0.81
Q2 2023$6.2m$13.6m2.17
Q3 2023$11.5m$6.5m0.56

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +14,589,539+14.6m
AMERIPRISE FINANCIAL INC Added +3,756,787+3.8m
MORGAN STANLEY Added +2,052,967+2.1m
NEPC LLC New +1,211,900+1.2m
COMERICA BANK New +1,175,015+1.2m
Federation des caisses Desjardins du Quebec New +509,720+509.7k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +493,171+493.2k
Calamos Wealth Management LLC New +450,500+450.5k
Ironwood Wealth Management, LLC. New +278,051+278.1k
Beacon Pointe Advisors, LLC Added +252,591+252.6k

Biggest sellers

JPMORGAN CHASE & CO Reduced -2,597,400-2.6m
EXCHANGE TRADED CONCEPTS, LLC Sold out -1,092,760-1.1m
ASSETMARK, INC Reduced -568,906-568.9k
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO Reduced -560,000-560.0k
Sand Hill Global Advisors, LLC Reduced -500,586-500.6k
Comprehensive Wealth Management, LLC Reduced -380,506-380.5k
Hamilton Wealth, LLC Reduced -328,088-328.1k
CITIGROUP INC Reduced -316,811-316.8k
Blue Chip Partners, LLC Reduced -252,810-252.8k
Quadratic Capital Management LLC Reduced -250,692-250.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.1m200.8k shares
CITADEL ADVISORS LLC Added $310.9k5.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.9m106.0k shares
WOLVERINE TRADING, LLC New $405.2k7.3k shares
CITADEL ADVISORS LLC Reduced $177.6k3.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. New $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, Q3 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.13% of their portfolio CHARLOTTE, NC 19,747,61519.7m $1.1bn $1.1bn 0.13% Added +14.6m +14,589,539
2 AMERIPRISE FINANCIAL INC 0.23% of their portfolio MINNEAPOLIS, MN 13,008,19813.0m $712.0m $712.0m 0.23% Added +3.8m +3,756,787
3 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 7,099,1157.1m $394.1m $394.1m 0.04% Added +2.1m +2,052,967
4 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.57% of their portfolio PLYMOUTH, MN 3,144,8943.1m $174.6m $174.6m 0.57% Added +493.2k +493,171
5 Nan Shan Life Insurance Co., Ltd. 4.64% of their portfolio Taipei City, F5 3,063,5003.1m $170.1m $170.1m 4.64% Unchanged
6 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 2,846,9312.8m $158.0m $158.0m 0.05% Added +164.5k +164,497
7 MATHER GROUP, LLC. 2.20% of their portfolio CHICAGO, IL 2,226,1012.2m $123.6m $123.6m 2.20% Added +123.3k +123,315
8 VOYA INVESTMENT MANAGEMENT LLC 0.11% of their portfolio ATLANTA, GA 1,845,1521.8m $102.4m $102.4m 0.11% Added +138.2k +138,249
9 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 1,468,5541.5m $81.5m $81.5m 0.03% Added +39.4k +39,429
10 CITIGROUP INC 0.11% of their portfolio NEW YORK, NY 1,405,2471.4m $78.0m $78.0m 0.11% Reduced -316.8k -316,811
11 NEPC LLC 4.30% of their portfolio Boston, MA 1,211,9001.2m $67.3m $67.3m 4.30% New
12 COMERICA BANK 0.34% of their portfolio DALLAS, TX 1,175,0151.2m $65.2m $65.2m 0.34% New
13 Beacon Pointe Advisors, LLC 0.76% of their portfolio NEWPORT BEACH, CA 1,099,0911.1m $61.0m $61.0m 0.76% Added +252.6k +252,591
14 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 1,093,3231.1m $60.7m $60.7m 0.01% Added +25.7k +25,730
15 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,083,7061.1m $60.2m $60.2m 0.03% Added +123.1k +123,096
16 UBS Group AG 0.03% of their portfolio ZURICH, V8 1,040,5991.0m $57.8m $57.8m 0.03% Added +103.4k +103,361
17 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 1.42% of their portfolio MINNEAPOLIS, MN 913,498913.5k $50.7m $50.7m 1.42% Added +80.1k +80,076
18 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 3.37% of their portfolio BOSTON, MA 912,595912.6k $50.7m $50.7m 3.37% Added +174.1k +174,084
19 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 879,848879.8k $48.8m $48.8m 0.01% Reduced -2.6m -2,597,400
20 Municipal Employees' Retirement System of Michigan 0.64% of their portfolio LANSING, MI 825,127825.1k $45.8m $45.8m 0.64% Added +56.8k +56,797
21 Jordan Park Group LLC 3.01% of their portfolio SAN FRANCISCO, CA 754,727754.7k $41.9m $41.9m 3.01% Reduced -81.0k -80,993
22 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 724,084724.1k $40.2m $40.2m 0.03% Added +170.3k +170,342
23 Sand Hill Global Advisors, LLC 2.01% of their portfolio Palo Alto, CA 658,378658.4k $36.5m $36.5m 2.01% Reduced -500.6k -500,586
24 AE Wealth Management LLC 0.21% of their portfolio TOPEKA, KS 625,726625.7k $34.7m $34.7m 0.21% Added +6.0k +6,047
25 Quadratic Capital Management LLC 4.45% of their portfolio GREENWICH, CT 607,460607.5k $33.6m $33.6m 4.45% Reduced -250.7k -250,692
26 Federation des caisses Desjardins du Quebec 0.29% of their portfolio LEVIS, A8 509,720509.7k $28.3m $28.3m 0.29% New
27 Calamos Wealth Management LLC 1.90% of their portfolio NAPERVILLE, IL 450,500450.5k $25.0m $25.0m 1.90% New
28 Checchi Capital Advisers, LLC 2.28% of their portfolio BEVERLY HILLS, CA 442,133442.1k $24.5m $24.5m 2.28% Added +76.9k +76,874
29 Advisory Alpha, LLC 1.09% of their portfolio HOLLAND, MI 380,279380.3k $21.1m $21.1m 1.09% Added +41.3k +41,290
30 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 371,974372.0k $20.6m $20.6m 0.01% Added +181.1k +181,147
31 M&T Bank Corp 0.08% of their portfolio BUFFALO, NY 368,982369.0k $20.5m $20.5m 0.08% Added +60.6k +60,551
32 Strategic Financial Services, Inc. 1.57% of their portfolio UTICA, NY 364,522364.5k $20.2m $20.2m 1.57% Reduced -31.2k -31,226
33 Act Two Investors LLC 5.33% of their portfolio SANTA CRUZ, CA 358,762358.8k $19.9m $19.9m 5.33% Added +191.3k +191,331
34 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 332,513332.5k $18.4m $18.4m 0.03% Added +36.4k +36,427
35 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 318,106318.1k $17.7m $17.7m 0.03% Added +23.1k +23,093
36 Ironwood Wealth Management, LLC. 6.18% of their portfolio CHANDLER, AZ 278,051278.1k $15.1m $15.1m 6.18% New
37 Comprehensive Wealth Management, LLC 13.99% of their portfolio LYNNWOOD, WA 267,780267.8k $14.9m $14.9m 13.99% Reduced -380.5k -380,506
38 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 1.08% of their portfolio SAN FRANCISCO, CA 261,831261.8k $14.5m $14.5m 1.08% Added +127.4k +127,442
39 ASSETMARK, INC 0.06% of their portfolio CONCORD, CA 257,842257.8k $14.3m $14.3m 0.06% Reduced -568.9k -568,906
40 GIRARD ADVISORY SERVICES, LLC 1.53% of their portfolio KING OF PRUSSIA, PA 244,277244.3k $13.6m $13.6m 1.53% Added +22.4k +22,386
41 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 236,016236.0k $13.1m $13.1m 0.02% Reduced -36.9k -36,894
42 Kaydan Wealth Management, Inc. 5.13% of their portfolio FENTON, MI 231,539231.5k $12.9m $12.9m 5.13% Added +118.2k +118,246
43 MARKET STREET WEALTH MANAGEMENT ADVISORS LLC 3.27% of their portfolio INDIANAPOLIS, IN 230,480230.5k $12.8m $12.8m 3.27% Added +214.9k +214,861
44 NICOLET ADVISORY SERVICES, LLC 1.37% of their portfolio GREEN BAY, WI 229,280229.3k $12.4m $12.4m 1.37% Added +20.0k +20,007
45 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 218,607218.6k $12.1m $12.1m 0.02% Added +58.7k +58,653
46 FIRST CITIZENS BANK & TRUST CO 0.23% of their portfolio RALEIGH, NC 211,734211.7k $11.8m $11.8m 0.23% Added +95.4k +95,448
47 NewEdge Wealth, LLC 0.36% of their portfolio STAMFORD, CT 204,221204.2k $11.3m $11.3m 0.36% Added +51.2k +51,213
48 Manning & Napier Group, LLC 0.14% of their portfolio Fairport, NY 200,919200.9k $11.2m $11.2m 0.14% Added +13.6k +13,557
49 Allworth Financial LP 0.09% of their portfolio FOLSOM, CA 192,841192.8k $10.7m $10.7m 0.09% Reduced -22.2k -22,226
50 GenWealth Group, Inc. 3.24% of their portfolio Maplewood, NJ 192,120192.1k $10.7m $10.7m 3.24% Added +7.9k +7,929
51 COMMERCE BANK 0.08% of their portfolio KANSAS CITY, MO 188,003188.0k $10.4m $10.4m 0.08% Reduced -182.4k -182,405
52 Ausdal Financial Partners, Inc. 1.44% of their portfolio Davenport, IA 187,728187.7k $10.4m $10.4m 1.44% New
53 Tortoise Investment Management, LLC 1.55% of their portfolio WHITE PLAINS, NY 186,907186.9k $10.4m $10.4m 1.55% Added +78.6k +78,569
54 INNEALTA CAPITAL, LLC 4.45% of their portfolio AUSTIN, TX 181,371181.4k $10.1m $10.1m 4.45% Reduced -1.0k -1,002
55 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 171,137171.1k $9.5m $9.5m 0.01% Added +44.0k +44,014
56 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 146,722146.7k $8.1m $8.1m 0.01% Reduced -95.2k -95,224
57 Foundations Investment Advisors, LLC 0.25% of their portfolio PHOENIX, AZ 146,250146.2k $8.1m $8.1m 0.25% Added +3.1k +3,087
58 Mirae Asset Global Investments Co., Ltd. 0.02% of their portfolio SEOUL, M5 144,160144.2k $8.0m $8.0m 0.02% Added +8.1k +8,130
59 Wealthfront Advisers LLC 0.03% of their portfolio Palo Alto, CA 141,093141.1k $7.8m $7.8m 0.03% Reduced -11.9k -11,912
60 EXENCIAL WEALTH ADVISORS, LLC 0.38% of their portfolio OKLAHOMA CITY, OK 140,300140.3k $7.8m $7.8m 0.38% Added +24.5k +24,482
61 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 138,253138.3k $7.5m $7.5m 0.01% Added +138.1k +138,100
62 KEYBANK NATIONAL ASSOCIATION/OH 0.03% of their portfolio BROOKLYN, OH 130,960131.0k $7.3m $7.3m 0.03% Added +1.2k +1,177
63 Red Tortoise LLC 4.83% of their portfolio ATLANTA, GA 129,844129.8k $7.2m $7.2m 4.83% Added +11.5k +11,549
64 Bell Investment Advisors, Inc 1.58% of their portfolio ORINDA, CA 127,329127.3k $7.1m $7.1m 1.58% New
65 Steward Partners Investment Advisory, LLC 0.10% of their portfolio STAMFORD, CT 121,756121.8k $6.8m $6.8m 0.10% Added +57.5k +57,508
66 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 114,299114.3k $6.3m $6.3m 0.01% Reduced -99.2k -99,247
67 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 0.60% of their portfolio BETHESDA, MD 110,000110.0k $7.9m $7.9m 0.60% Reduced -560.0k -560,000
68 NICOLET BANKSHARES INC 1.77% of their portfolio GREEN BAY, WI 103,821103.8k $5.8m $5.8m 1.77% Added +52.8k +52,751
69 Morningstar Investment Management LLC 0.78% of their portfolio CHICAGO, IL 103,063103.1k $5.7m $5.7m 0.78% Reduced -248.4k -248,448
70 Manhattan West Asset Management, LLC 1.64% of their portfolio Los Angeles, CA 100,588100.6k $5.3m $5.3m 1.64% Added +49.4k +49,390
71 Full Sail Capital, LLC 0.47% of their portfolio OKLAHOMA CITY, OK 96,99297.0k $5.4m $5.4m 0.47% New
72 Cravens & Co Advisors, LLC 5.03% of their portfolio COOKEVILLE, TN 96,48196.5k $5.4m $5.4m 5.03% Added +43 +43
73 Avidian Wealth Enterprises, LLC 0.37% of their portfolio Houston, TX 93,31993.3k $5.2m $5.2m 0.37% Reduced -1.2k -1,248
74 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 93,27393.3k $5.2m $5.2m 0.00% Reduced -103.2k -103,156
75 MML INVESTORS SERVICES, LLC 0.03% of their portfolio SPRINGFIELD, MA 89,61889.6k $5.0m $5.0m 0.03% Added +1.2k +1,203
76 Ackerman Capital Advisors, LLC 1.34% of their portfolio DALLAS, TX 86,56886.6k $4.8m $4.8m 1.34% Reduced -3.7k -3,684
77 TRUSTMARK BANK TRUST DEPARTMENT 0.46% of their portfolio JACKSON, MS 83,46983.5k $4.6m $4.6m 0.46% New
78 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 81,01381.0k $4.5m $4.5m 0.01% New
79 Crestone Asset Management LLC 1.07% of their portfolio BOULDER, CO 80,38680.4k $4.5m $4.5m 1.07% New
80 Pinnacle Wealth Management, LLC 5.37% of their portfolio ROSEVILLE, CA 79,78579.8k $4.4m $4.4m 5.37% Added +5.3k +5,350
81 Total Clarity Wealth Management, Inc. 2.11% of their portfolio ST. CHARLES, IL 79,03979.0k $4.4m $4.4m 2.11% Added +11.1k +11,139
82 SeaBridge Investment Advisors LLC 1.44% of their portfolio SUMMIT, NJ 78,56378.6k $4.4m $4.4m 1.44% Added +726 +726
83 Empowered Funds, LLC 0.13% of their portfolio NEWTOWN SQUARE, PA 76,99277.0k $4.3m $4.3m 0.13% Added +2.5k +2,459
84 Marcum Wealth, LLC 0.51% of their portfolio CLEVELAND, OH 76,45176.5k $4.2m $4.2m 0.51% Added +28.0k +27,963
85 True Wealth Design, LLC 1.42% of their portfolio AKRON, OH 76,39576.4k $4.2m $4.2m 1.42% New
86 Grayhawk Investment Strategies Inc. 2.83% of their portfolio Calgary, A0 75,90075.9k $4.2m $4.2m 2.83% Added +10.1k +10,100
87 BENJAMIN F. EDWARDS & COMPANY, INC. 0.16% of their portfolio ST. LOUIS, MO 75,58575.6k $4.2m $4.2m 0.16% Added +98 +98
88 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 73,80173.8k $4.1m $4.1m 0.00% Reduced -18.1k -18,122
89 Peak Asset Management, LLC 0.95% of their portfolio LOUISVILLE, CO 71,10271.1k $3.9m $3.9m 0.95% New
90 One Day In July LLC 0.66% of their portfolio BURLINGTON, VT 67,06067.1k $3.7m $3.7m 0.66% Added +12.8k +12,791
91 Betterment LLC 0.01% of their portfolio NEW YORK, NY 66,24166.2k $3.7m $3.7m 0.01% Added +16.0k +16,033
92 Cresset Asset Management, LLC 0.02% of their portfolio Chicago, IL 65,03765.0k $3.6m $3.6m 0.02% Reduced -50.4k -50,410
93 VICUS CAPITAL 0.38% of their portfolio STATE COLLEGE, PA 64,77664.8k $3.6m $3.6m 0.38% Added +1.2k +1,246
94 Baird Financial Group, Inc. 0.01% of their portfolio MILWAUKEE, WI 62,84362.8k $3.5m $3.5m 0.01% Reduced -1.7k -1,738
95 First National Trust Co 0.16% of their portfolio Johnstown, PA 61,14361.1k $3.4m $3.4m 0.16% Added +8.1k +8,140
96 Heck Capital Advisors, LLC 0.62% of their portfolio Rhinelander, WI 60,32860.3k $3.3m $3.3m 0.62% Reduced -104.5k -104,526
97 Clear Creek Financial Management, LLC 0.58% of their portfolio SILVERDALE, WA 60,04260.0k $3.3m $3.3m 0.58% Added +337 +337
98 Cobblestone Asset Management LLC 2.73% of their portfolio RICHMOND, VA 59,81259.8k $3.3m $3.3m 2.73% First filing
99 Hamilton Capital Partners Inc. 1.18% of their portfolio TORONTO, A6 58,59958.6k $3.3m $3.3m 1.18% New
100 Lebenthal Global Advisors, LLC 0.92% of their portfolio Hauppauge, NY 55,09055.1k $3.1m $3.1m 0.92% New