Vault-13

VANGUARD SCOTTSDALE FDS VGLT

LONG TERM TREAS · ETP · CUSIP 92206C847

414 institutional holders -1 vs Q4 2024
113,404,221113.4m shares reported held*
$6.5bnreported value*
61 new 156 added 136 reduced 61 sold out net sold ≈ $26.4m (-437.9k 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 ($11.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $57.49. Options: 5 managers hold calls ($22.3m notional), 5 hold puts ($3.8m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 206Q4 22: 237Q1 23: 253Q2 23: 288Q3 23: 295Q4 23: 357Q1 24: 368Q2 24: 374Q3 24: 416Q4 24: 415Q1 25: 414414Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022206
Q4 2022237
Q1 2023253
Q2 2023288
Q3 2023295
Q4 2023357
Q1 2024368
Q2 2024374
Q3 2024416
Q4 2024415
Q1 2025414

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 23: 189 bought or addedQ2 23: 91 cut or sold outQ3 23: 182 bought or addedQ3 23: 133 cut or sold outQ3 23Q4 23: 242 bought or addedQ4 23: 112 cut or sold outQ1 24: 237 bought or addedQ1 24: 146 cut or sold outQ1 24Q2 24: 218 bought or addedQ2 24: 163 cut or sold outQ3 24: 244 bought or addedQ3 24: 156 cut or sold outQ3 24Q4 24: 207 bought or addedQ4 24: 202 cut or sold outQ1 25: 217 bought or addedQ1 25: 197 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202318991
Q3 2023182133
Q4 2023242112
Q1 2024237146
Q2 2024218163
Q3 2024244156
Q4 2024207202
Q1 2025217197

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ2 24 calls: $33.6mQ2 24 puts: $12.8mQ2 24P/C 0.38Q3 24 calls: $18.9mQ3 24 puts: $34.4mQ3 24P/C 1.82Q4 24 calls: $12.1mQ4 24 puts: $4.3mQ4 24P/C 0.35Q1 25 calls: $22.3mQ1 25 puts: $3.8mQ1 25P/C 0.17
Numbers
QuarterCallsPutsP/C
Q2 2024$33.6m$12.8m0.38
Q3 2024$18.9m$34.4m1.82
Q4 2024$12.1m$4.3m0.35
Q1 2025$22.3m$3.8m0.17

Biggest buyers

VOYA INVESTMENT MANAGEMENT LLC Added +4,303,766+4.3m
Empower Advisory Group, LLC Added +912,682+912.7k
Cassaday & Co Wealth Management LLC Added +713,762+713.8k
MORGAN STANLEY Added +684,091+684.1k
Focus Partners Wealth Added +662,254+662.3k
Barry Investment Advisors, LLC Added +590,196+590.2k
Facet Wealth, Inc. New +388,311+388.3k
LPL Financial LLC Added +345,408+345.4k
CAMBRIDGE ASSOCIATES LLC /MA/ /ADV Added +314,029+314.0k
NEPC LLC Added +295,403+295.4k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -3,270,324-3.3m
Jordan Park Group LLC Reduced -2,076,925-2.1m
AMERIPRISE FINANCIAL INC Reduced -2,041,714-2.0m
Bramshill Investments, LLC Sold out -1,075,644-1.1m
Quadrature Capital Ltd Sold out -479,294-479.3k
Sand Hill Global Advisors, LLC Sold out -396,090-396.1k
UBS Group AG Reduced -326,111-326.1k
ALTFEST L J & CO INC Reduced -261,005-261.0k
MATHER GROUP, LLC. Reduced -258,352-258.4k
NorthCoast Asset Management LLC Sold out -245,540-245.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $9.3m161.9k shares
TORONTO DOMINION BANK New $8.4m146.0k shares
JANE STREET GROUP, LLC Added $2.7m47.4k shares
SIG BROKERAGE, LP New $1.5m26.5k shares
CITADEL ADVISORS LLC Added $334.1k5.8k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.2m56.4k shares
JANE STREET GROUP, LLC Reduced $288.1k5.0k shares
CITADEL ADVISORS LLC Reduced $247.7k4.3k shares
GROUP ONE TRADING LLC New $5.8k100 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, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Empower Advisory Group, LLC 2.19% of their portfolio Greenwood Village, CO 11,651,67011.7m $671.3m $671.3m 2.19% Added +912.7k +912,682
2 AMERIPRISE FINANCIAL INC 0.18% of their portfolio MINNEAPOLIS, MN 11,589,59111.6m $669.2m $669.2m 0.18% Reduced -2.0m -2,041,714
3 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 9,076,2989.1m $522.9m $522.9m 0.04% Added +684.1k +684,091
4 VOYA INVESTMENT MANAGEMENT LLC 0.28% of their portfolio ATLANTA, GA 8,681,4008.7m $500.1m $500.1m 0.28% Added +4.3m +4,303,766
5 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 6,700,6116.7m $386.0m $386.0m 0.03% Reduced -3.3m -3,270,324
6 NEPC LLC 10.14% of their portfolio Boston, MA 6,357,2736.4m $366.2m $366.2m 10.14% Added +295.4k +295,403
7 Cassaday & Co Wealth Management LLC 6.13% of their portfolio MCLEAN, VA 3,781,4773.8m $217.9m $217.9m 6.13% Added +713.8k +713,762
8 SCS Capital Management LLC 2.31% of their portfolio BOSTON, MA 3,151,6293.2m $181.6m $181.6m 2.31% Added +165.8k +165,775
9 Nan Shan Life Insurance Co., Ltd. 4.16% of their portfolio Taipei City, F5 3,063,5003.1m $176.5m $176.5m 4.16% Unchanged
10 Mirae Asset Global Investments Co., Ltd. 0.60% of their portfolio SEOUL, M5 2,768,9232.8m $146.9m $146.9m 0.60% Added +228.2k +228,220
11 Annex Advisory Services, LLC 4.43% of their portfolio BROOKFIELD, WI 2,712,8442.7m $156.3m $156.3m 4.43% Added +116.9k +116,910
12 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 3.42% of their portfolio BOSTON, MA 2,069,2082.1m $119.2m $119.2m 3.42% Added +314.0k +314,029
13 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,658,2711.7m $95.5m $95.5m 0.03% Added +106.4k +106,355
14 COMERICA BANK 0.40% of their portfolio DALLAS, TX 1,647,4041.6m $94.9m $94.9m 0.40% Added +66.3k +66,279
15 LPL Financial LLC 0.04% of their portfolio FORT MILL, SC 1,565,7571.6m $90.2m $90.2m 0.04% Added +345.4k +345,408
16 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,210,6791.2m $69.7m $69.7m 0.01% Reduced -205.0k -205,038
17 CITIGROUP INC 0.05% of their portfolio NEW YORK, NY 1,206,3791.2m $69.5m $69.5m 0.05% Reduced -25.9k -25,878
18 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 1,076,4571.1m $62.0m $62.0m 0.01% Added +66.8k +66,802
19 Hamilton Capital Partners Inc. 3.95% of their portfolio TORONTO, A6 1,066,9431.1m $61.5m $61.5m 3.95% Added +128.9k +128,920
20 Strategic Financial Services, Inc. 3.50% of their portfolio UTICA, NY 1,035,9081.0m $59.7m $59.7m 3.50% Reduced -28.1k -28,104
21 UBS Group AG 0.01% of their portfolio ZURICH, V8 977,013977.0k $56.3m $56.3m 0.01% Reduced -326.1k -326,111
22 Fisher Asset Management, LLC 0.02% of their portfolio PLANO, TX 909,875909.9k $52.4m $52.4m 0.02% Reduced -113.7k -113,748
23 Ironwood Wealth Management, LLC. 15.30% of their portfolio CHANDLER, AZ 865,136865.1k $49.8m $49.8m 15.30% Added +3.6k +3,612
24 TRUIST FINANCIAL CORP 0.08% of their portfolio CHARLOTTE, NC 858,957859.0k $49.5m $49.5m 0.08% Added +29.3k +29,292
25 Harvest Portfolios Group Inc. 1.42% of their portfolio Oakville, A6 834,205834.2k $48.1m $48.1m 1.42% Added +4.6k +4,578
26 Rainwater Charitable Foundation 30.44% of their portfolio FORT WORTH, TX 808,957809.0k $46.6m $46.6m 30.44% Unchanged
27 Corient Private Wealth LP 0.07% of their portfolio MIAMI, FL 763,443763.4k $44.0m $44.0m 0.07% Added +205.5k +205,482
28 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 737,947737.9k $42.5m $42.5m 0.02% Added +59.2k +59,219
29 Federation des caisses Desjardins du Quebec 0.21% of their portfolio LEVIS, A8 735,319735.3k $42.4m $42.4m 0.21% Added +13.9k +13,894
30 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 701,631701.6k $40.4m $40.4m 0.01% Reduced -188.8k -188,784
31 Focus Partners Wealth 0.10% of their portfolio ST LOUIS, MO 671,840671.8k $38.7m $38.7m 0.10% Added +662.3k +662,254
32 STEPHENS GROUP ASSET MANAGEMENT, LLC 3.00% of their portfolio LITTLE ROCK, AR 646,593646.6k $37.3m $37.3m 3.00% Added +221.3k +221,286
33 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.03% of their portfolio MILWAUKEE, WI 628,446628.4k $36.2m $36.2m 0.03% Added +104.3k +104,273
34 Barry Investment Advisors, LLC 9.33% of their portfolio NEW BEDFORD, MA 609,521609.5k $35.1m $35.1m 9.33% Added +590.2k +590,196
35 ASSETMARK, INC 0.09% of their portfolio CONCORD, CA 578,610578.6k $33.3m $33.3m 0.09% Added +193.5k +193,536
36 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 1.29% of their portfolio BETHESDA, MD 550,000550.0k $31.7m $31.7m 1.29% Added +65.0k +65,000
37 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.06% of their portfolio PLYMOUTH, MN 530,532530.5k $30.6m $30.6m 0.06% Reduced -68.9k -68,891
38 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 521,231521.2k $30.0m $30.0m 0.01% Reduced -196.8k -196,839
39 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 506,560506.6k $29.2m $29.2m 0.01% Added +76.5k +76,523
40 Tortoise Investment Management, LLC 2.82% of their portfolio WHITE PLAINS, NY 469,966470.0k $27.1m $27.1m 2.82% Added +17.1k +17,053
41 Betterment LLC 0.06% of their portfolio NEW YORK, NY 422,657422.7k $24.3m $24.3m 0.06% Added +36.9k +36,913
42 AE Wealth Management LLC 0.20% of their portfolio TOPEKA, KS 406,082406.1k $23.4m $23.4m 0.20% Reduced -1.5k -1,501
43 Calamos Wealth Management LLC 1.16% of their portfolio NAPERVILLE, IL 404,606404.6k $23.3m $23.3m 1.16% Reduced -193.0k -193,029
44 Dunhill Financial, LLC 8.11% of their portfolio LONDON, X0 399,905399.9k $17.8m $17.8m 8.11% Added +36.7k +36,693
45 PRINCIPAL SECURITIES, INC. 0.49% of their portfolio DES MOINES, IA 399,363399.4k $22.1m $22.1m 0.49% Unchanged
46 Facet Wealth, Inc. 0.56% of their portfolio WEST PALM BEACH, FL 388,311388.3k $21.5m $21.5m 0.56% New
47 NOTTINGHAM ADVISORS, INC. 3.31% of their portfolio AMHERST, NY 376,415376.4k $21.7m $21.7m 3.31% Added +3.4k +3,439
48 Beacon Pointe Advisors, LLC 0.24% of their portfolio NEWPORT BEACH, CA 365,856365.9k $21.1m $21.1m 0.24% Reduced -117.5k -117,490
49 Wealthfront Advisers LLC 0.06% of their portfolio Palo Alto, CA 361,198361.2k $20.8m $20.8m 0.06% Added +105.8k +105,839
50 49 WEALTH MANAGEMENT, LLC 2.17% of their portfolio AUSTIN, TX 312,911312.9k $18.0m $18.0m 2.17% Added +22.3k +22,265
51 Allworth Financial LP 0.09% of their portfolio FOLSOM, CA 300,277300.3k $16.8m $16.8m 0.09% Added +12.5k +12,468
52 Full Sail Capital, LLC 1.09% of their portfolio OKLAHOMA CITY, OK 292,031292.0k $16.8m $16.8m 1.09% Reduced -3.2k -3,166
53 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 274,200274.2k $15.8m $15.8m 0.01% First filing
54 FLOW TRADERS U.S. LLC 0.66% of their portfolio NEW YORK, NY 271,893271.9k $15.7m $15.7m 0.66% New
55 KEYBANK NATIONAL ASSOCIATION/OH 0.06% of their portfolio BROOKLYN, OH 264,553264.6k $15.2m $15.2m 0.06% Added +24.5k +24,504
56 U.S. Capital Wealth Advisors, LLC 0.46% of their portfolio AUSTIN, TX 259,582259.6k $15.0m $15.0m 0.46% New
57 GenWealth Group, Inc. 3.21% of their portfolio Maplewood, NJ 252,862252.9k $14.6m $14.6m 3.21% Added +97.0k +96,956
58 Checchi Capital Advisers, LLC 1.00% of their portfolio BEVERLY HILLS, CA 245,456245.5k $14.1m $14.1m 1.00% Added +14.5k +14,523
59 First Financial Bankshares Inc 0.30% of their portfolio Abilene, TX 240,500240.5k $13.9m $13.9m 0.30% Added +57.6k +57,650
60 AmeriServ Wealth Advisors 7.58% of their portfolio Johnstown, PA 227,605227.6k $13.1m $13.1m 7.58% Reduced -50.8k -50,806
61 Tidal Investments LLC 0.11% of their portfolio Milwaukee, WI 221,339221.3k $12.8m $12.8m 0.11% New
62 MANNING & NAPIER ADVISORS LLC 0.15% of their portfolio Fairport, NY 215,003215.0k $12.4m $12.4m 0.15% Reduced -92 -92
63 TIFF ADVISORY SERVICES, LLC 2.74% of their portfolio RADNOR, PA 200,020200.0k $11.5m $11.5m 2.74% Reduced -89.9k -89,936
64 Peak Asset Management, LLC 2.19% of their portfolio LOUISVILLE, CO 199,317199.3k $11.5m $11.5m 2.19% Added +6.8k +6,781
65 ONE PLUS ONE WEALTH MANAGEMENT, LLC 5.93% of their portfolio JUPITER, FL 189,063189.1k $10.9m $10.9m 5.93% Added +18.2k +18,185
66 HARBOUR INVESTMENTS, INC. 0.31% of their portfolio MADISON, WI 186,095186.1k $10.7m $10.7m 0.31% Added +67.3k +67,302
67 Aurelius Family Office LLC 5.41% of their portfolio BEDFORD, NH 184,977185.0k $10.7m $10.7m 5.41% Added +6.6k +6,562
68 Red Tortoise LLC 5.50% of their portfolio ATLANTA, GA 182,968183.0k $10.5m $10.5m 5.50% Added +7.4k +7,445
69 EXENCIAL WEALTH ADVISORS, LLC 0.37% of their portfolio OKLAHOMA CITY, OK 172,229172.2k $9.9m $9.9m 0.37% Reduced -1.6k -1,581
70 Empowered Funds, LLC 0.14% of their portfolio NEWTOWN SQUARE, PA 171,305171.3k $9.8m $9.8m 0.14% Added +9.0k +8,965
71 Fort Point Capital Partners LLC 1.09% of their portfolio San Francisco, CA 168,912168.9k $9.7m $9.7m 1.09% Reduced -37.6k -37,631
72 Compass Advisory Group LLC 3.36% of their portfolio MELVILLE, NY 167,743167.7k $9.7m $9.7m 3.36% Reduced -1.3k -1,278
73 VICUS CAPITAL 0.86% of their portfolio STATE COLLEGE, PA 159,957160.0k $9.2m $9.2m 0.86% Added +1.2k +1,197
74 FINANCIAL LIFE ADVISORS 3.42% of their portfolio SAN ANTONIO, TX 159,095159.1k $9.2m $9.2m 3.42% New
75 O'Brien Wealth Partners LLC 1.70% of their portfolio Waltham, MA 158,584158.6k $9.1m $9.1m 1.70% Reduced -3.8k -3,778
76 Westshore Wealth, LLC 3.81% of their portfolio NEWPORT BEACH, CA 156,282156.3k $9.0m $9.0m 3.81% Added +7.7k +7,747
77 Quadratic Capital Management LLC 2.21% of their portfolio GREENWICH, CT 149,465149.5k $8.6m $8.6m 2.21% Reduced -24.1k -24,105
78 Tandem Financial, LLC 9.32% of their portfolio GREENWOOD VILLAGE, CO 148,527148.5k $8.6m $8.6m 9.32% Reduced -5.5k -5,504
79 Morningstar Investment Management LLC 0.72% of their portfolio CHICAGO, IL 147,330147.3k $8.5m $8.5m 0.72% Reduced -1.4k -1,417
80 MATHER GROUP, LLC. 0.10% of their portfolio CHICAGO, IL 146,706146.7k $8.5m $8.5m 0.10% Reduced -258.4k -258,352
81 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio CAUSEWAY BAY, K3 138,850138.8k $8.0m $8.0m 0.02% Reduced -13.7k -13,707
82 WEBSTERROGERS FINANCIAL ADVISORS, LLC 2.69% of their portfolio FLORENCE, SC 136,719136.7k $7.9m $7.9m 2.69% Added +4.1k +4,145
83 Forum Financial Management, LP 0.12% of their portfolio LOMBARD, IL 130,966131.0k $7.5m $7.5m 0.12% Added +21.9k +21,918
84 First National Trust Co 0.28% of their portfolio Johnstown, PA 121,001121.0k $7.0m $7.0m 0.28% Added +10.8k +10,750
85 POWER WEALTH MANAGEMENT LLC 2.82% of their portfolio ALPHARETTA, GA 120,843120.8k $7.0m $7.0m 2.82% Added +13.4k +13,396
86 Rinkey Investments 2.20% of their portfolio San Diego, CA 120,485120.5k $6.9m $6.9m 2.20% Added +17.5k +17,472
87 Bell Investment Advisors, Inc 1.27% of their portfolio ORINDA, CA 119,266119.3k $6.9m $6.9m 1.27% Reduced -11.8k -11,767
88 S. R. Schill & Associates 5.41% of their portfolio MERCER ISLAND, WA 117,759117.8k $6.8m $6.8m 5.41% Reduced -405 -405
89 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 114,966115.0k $6.6m $6.6m 0.01% Added +2.6k +2,614
90 Wealthcare Advisory Partners LLC 0.18% of their portfolio WEST CHESTER, PA 114,760114.8k $6.6m $6.6m 0.18% Added +8.2k +8,223
91 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 109,748109.7k $6.3m $6.3m 0.01% Reduced -32.5k -32,517
92 Hennion & Walsh Asset Management, Inc. 0.28% of their portfolio Parsippany, NJ 108,936108.9k $6.3m $6.3m 0.28% Added +23.8k +23,764
93 GTS SECURITIES LLC 0.27% of their portfolio NEW YORK, NY 107,336107.3k $6.2m $6.2m 0.27% New
94 NewEdge Wealth, LLC 0.11% of their portfolio STAMFORD, CT 106,800106.8k $6.2m $6.2m 0.11% Reduced -58.2k -58,151
95 COURIER CAPITAL LLC 0.39% of their portfolio BUFFALO, NY 102,235102.2k $5.9m $5.9m 0.39% Added +70.4k +70,366
96 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 102,009102.0k $5.9m $5.9m 0.01% Added +73.3k +73,309
97 BENJAMIN EDWARDS INC 0.08% of their portfolio Clayton, MO 99,72099.7k $5.7m $5.7m 0.08% Added +1.5k +1,452
98 Ackerman Capital Advisors, LLC 1.51% of their portfolio DALLAS, TX 99,00299.0k $5.7m $5.7m 1.51% Added +616 +616
99 Destiny Wealth Partners, LLC 0.90% of their portfolio TAVARES, FL 98,08698.1k $5.7m $5.7m 0.90% New
100 WNY Asset Management, LLC 0.67% of their portfolio Williamsville, NY 97,82497.8k $5.6m $5.6m 0.67% Added +23.2k +23,170