Vault-13

VANGUARD SCOTTSDALE FDS VGLT

LONG TERM TREAS · ETP · CUSIP 92206C847

407 institutional holders -7 vs Q1 2025
113,352,225113.4m shares reported held*
$6.4bnreported value*
54 new 169 added 128 reduced 63 sold out net sold ≈ $23.9m (-347.3k 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 ($9.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $56.09. Options: 3 managers hold calls ($9.1m notional), 2 hold puts ($5.0m).

Trends to Q2 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: 414Q2 25: 407407Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025407

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q3 23: 182 bought or addedQ3 23: 133 cut or sold outQ4 23: 242 bought or addedQ4 23: 112 cut or sold outQ4 23Q1 24: 237 bought or addedQ1 24: 146 cut or sold outQ2 24: 218 bought or addedQ2 24: 163 cut or sold outQ2 24Q3 24: 244 bought or addedQ3 24: 156 cut or sold outQ4 24: 207 bought or addedQ4 24: 202 cut or sold outQ4 24Q1 25: 217 bought or addedQ1 25: 197 cut or sold outQ2 25: 223 bought or addedQ2 25: 191 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023182133
Q4 2023242112
Q1 2024237146
Q2 2024218163
Q3 2024244156
Q4 2024207202
Q1 2025217197
Q2 2025223191

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 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 0.17Q2 25 calls: $9.1mQ2 25 puts: $5.0mQ2 25P/C 0.55
Numbers
QuarterCallsPutsP/C
Q3 2024$18.9m$34.4m1.82
Q4 2024$12.1m$4.3m0.35
Q1 2025$22.3m$3.8m0.17
Q2 2025$9.1m$5.0m0.55

Biggest buyers

Prime Capital Investment Advisors, LLC Added +912,529+912.5k
Empower Advisory Group, LLC Added +833,733+833.7k
INCOME RESEARCH & MANAGEMENT New +705,962+706.0k
CAMBRIDGE ASSOCIATES LLC /MA/ /ADV Added +575,214+575.2k
Cassaday & Co Wealth Management LLC Added +575,079+575.1k
Gleason Group, Inc. New +339,624+339.6k
BANK OF AMERICA CORP /DE/ Added +336,479+336.5k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC New +281,000+281.0k
NATIONAL BANK OF CANADA /FI/ Added +268,091+268.1k
Corient Private Wealth LP Added +261,086+261.1k

Biggest sellers

Annex Advisory Services, LLC Reduced -2,684,583-2.7m
COMERICA BANK Reduced -694,249-694.2k
VOYA INVESTMENT MANAGEMENT LLC Reduced -692,102-692.1k
STEPHENS GROUP ASSET MANAGEMENT, LLC Sold out -646,593-646.6k
AMERIPRISE FINANCIAL INC Reduced -564,146-564.1k
JPMORGAN CHASE & CO Reduced -370,606-370.6k
FLOW TRADERS U.S. LLC Sold out -271,893-271.9k
WELLS FARGO & COMPANY/MN Reduced -236,206-236.2k
Tidal Investments LLC Sold out -221,339-221.3k
BNP PARIBAS FINANCIAL MARKETS Reduced -219,600-219.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.1m91.5k shares
JANE STREET GROUP, LLC Added $3.3m58.9k shares
CITADEL ADVISORS LLC Added $656.6k11.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.8m85.0k shares
JANE STREET GROUP, LLC Reduced $269.4k4.8k 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Empower Advisory Group, LLC 2.10% of their portfolio Greenwood Village, CO 12,485,40312.5m $700.7m $700.7m 2.10% Added +833.7k +833,733
2 AMERIPRISE FINANCIAL INC 0.15% of their portfolio MINNEAPOLIS, MN 11,025,44511.0m $627.7m $627.7m 0.15% Reduced -564.1k -564,146
3 MORGAN STANLEY 0.03% of their portfolio NEW YORK, NY 9,257,6339.3m $519.5m $519.5m 0.03% Added +181.3k +181,335
4 VOYA INVESTMENT MANAGEMENT LLC 0.45% of their portfolio ATLANTA, GA 7,989,2988.0m $448.4m $448.4m 0.45% Reduced -692.1k -692,102
5 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 7,037,0907.0m $394.9m $394.9m 0.03% Added +336.5k +336,479
6 NEPC LLC 9.26% of their portfolio Boston, MA 6,519,9096.5m $365.9m $365.9m 9.26% Added +162.6k +162,636
7 Cassaday & Co Wealth Management LLC 6.12% of their portfolio MCLEAN, VA 4,356,5564.4m $244.5m $244.5m 6.12% Added +575.1k +575,079
8 SCS Capital Management LLC 1.97% of their portfolio BOSTON, MA 3,174,1103.2m $178.1m $178.1m 1.97% Added +22.5k +22,481
9 Nan Shan Life Insurance Co., Ltd. 3.82% of their portfolio Taipei City, F5 3,063,5003.1m $171.9m $171.9m 3.82% Unchanged
10 Mirae Asset Global Investments Co., Ltd. 0.56% of their portfolio SEOUL, M5 2,858,6992.9m $160.4m $160.4m 0.56% Added +89.8k +89,776
11 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 3.01% of their portfolio BOSTON, MA 2,644,4222.6m $136.5m $136.5m 3.01% Added +575.2k +575,214
12 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 1,680,9071.7m $94.3m $94.3m 0.03% Added +22.6k +22,636
13 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 1,644,7231.6m $92.3m $92.3m 0.03% Added +79.0k +78,966
14 CITIGROUP INC 0.05% of their portfolio NEW YORK, NY 1,251,0831.3m $70.2m $70.2m 0.05% Added +44.7k +44,704
15 Strategic Financial Services, Inc. 3.55% of their portfolio UTICA, NY 1,174,4781.2m $65.9m $65.9m 3.55% Added +138.6k +138,570
16 Hamilton Capital Partners Inc. 3.30% of their portfolio TORONTO, A6 1,153,3501.2m $64.7m $64.7m 3.30% Added +86.4k +86,407
17 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,096,0781.1m $61.5m $61.5m 0.01% Added +119.1k +119,065
18 Corient Private Wealth LP 0.08% of their portfolio MIAMI, FL 1,024,5291.0m $57.5m $57.5m 0.08% Added +261.1k +261,086
19 COMERICA BANK 0.21% of their portfolio DALLAS, TX 953,155953.2k $53.5m $53.5m 0.21% Reduced -694.2k -694,249
20 Prime Capital Investment Advisors, LLC 0.70% of their portfolio OVERLAND PARK, KS 936,819936.8k $52.6m $52.6m 0.70% Added +912.5k +912,529
21 TRUIST FINANCIAL CORP 0.07% of their portfolio CHARLOTTE, NC 879,137879.1k $49.3m $49.3m 0.07% Added +20.2k +20,180
22 Rainwater Charitable Foundation 28.23% of their portfolio FORT WORTH, TX 851,654851.7k $47.8m $47.8m 28.23% Added +42.7k +42,697
23 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 840,251840.3k $47.2m $47.2m 0.01% Reduced -236.2k -236,206
24 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 840,073840.1k $47.1m $47.1m 0.00% Reduced -370.6k -370,606
25 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 832,597832.6k $46.7m $46.7m 0.01% Added +131.0k +130,966
26 Harvest Portfolios Group Inc. 1.03% of their portfolio Oakville, A6 791,627791.6k $44.4m $44.4m 1.03% Reduced -42.6k -42,578
27 RAYMOND JAMES FINANCIAL INC 0.02% of their portfolio ST. PETERSBURG, FL 788,157788.2k $44.2m $44.2m 0.02% Added +50.2k +50,210
28 Federation des caisses Desjardins du Quebec 0.19% of their portfolio LEVIS, A8 756,320756.3k $42.4m $42.4m 0.19% Added +21.0k +21,001
29 Barry Investment Advisors, LLC 9.93% of their portfolio NEW BEDFORD, MA 710,799710.8k $39.9m $39.9m 9.93% Added +101.3k +101,278
30 Fisher Asset Management, LLC 0.02% of their portfolio PLANO, TX 708,457708.5k $39.8m $39.8m 0.02% Reduced -201.4k -201,418
31 INCOME RESEARCH & MANAGEMENT 10.59% of their portfolio Boston, MA 705,962706.0k $39.6m $39.6m 10.59% New
32 Focus Partners Wealth 0.09% of their portfolio ST LOUIS, MO 701,467701.5k $39.4m $39.4m 0.09% Added +29.6k +29,627
33 Ironwood Wealth Management, LLC. 14.15% of their portfolio CHANDLER, AZ 690,694690.7k $38.8m $38.8m 14.15% Reduced -174.4k -174,442
34 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 593,838593.8k $33.3m $33.3m 0.00% Added +72.6k +72,607
35 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 555,879555.9k $31.2m $31.2m 0.01% Added +49.3k +49,319
36 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 1.13% of their portfolio BETHESDA, MD 550,000550.0k $30.9m $30.9m 1.13% Unchanged
37 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 504,035504.0k $28.3m $28.3m 0.02% Reduced -124.4k -124,411
38 Dunhill Financial, LLC 8.18% of their portfolio LONDON, X0 503,149503.1k $28.2m $28.2m 8.18% Added +103.2k +103,244
39 ASSETMARK, INC 0.06% of their portfolio CONCORD, CA 460,930460.9k $25.9m $25.9m 0.06% Reduced -117.7k -117,680
40 Facet Wealth, Inc. 0.57% of their portfolio WEST PALM BEACH, FL 455,250455.2k $25.2m $25.2m 0.57% Added +66.9k +66,939
41 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 454,228454.2k $25.1m $25.1m 0.04% Reduced -76.3k -76,304
42 Tortoise Investment Management, LLC 2.35% of their portfolio WHITE PLAINS, NY 439,846439.8k $24.7m $24.7m 2.35% Reduced -30.1k -30,120
43 Calamos Wealth Management LLC 0.98% of their portfolio NAPERVILLE, IL 411,282411.3k $23.1m $23.1m 0.98% Added +6.7k +6,676
44 Wealthfront Advisers LLC 0.06% of their portfolio Palo Alto, CA 405,132405.1k $22.7m $22.7m 0.06% Added +43.9k +43,934
45 NOTTINGHAM ADVISORS, INC. 3.17% of their portfolio AMHERST, NY 380,343380.3k $21.3m $21.3m 3.17% Added +3.9k +3,928
46 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 370,100370.1k $20.8m $20.8m 0.02% Added +268.1k +268,091
47 PRINCIPAL SECURITIES, INC. 0.36% of their portfolio DES MOINES, IA 343,644343.6k $19.3m $19.3m 0.36% Reduced -55.7k -55,719
48 Gleason Group, Inc. 2.07% of their portfolio PROSPECT, KY 339,624339.6k $19.1m $19.1m 2.07% New
49 First Financial Bankshares Inc 0.42% of their portfolio Abilene, TX 330,654330.7k $18.6m $18.6m 0.42% Added +90.2k +90,154
50 Betterment LLC 0.04% of their portfolio NEW YORK, NY 329,777329.8k $18.5m $18.5m 0.04% Reduced -92.9k -92,880
51 49 WEALTH MANAGEMENT, LLC 1.97% of their portfolio AUSTIN, TX 329,468329.5k $18.5m $18.5m 1.97% Added +16.6k +16,557
52 Full Sail Capital, LLC 0.98% of their portfolio OKLAHOMA CITY, OK 303,555303.6k $17.0m $17.0m 0.98% Added +11.5k +11,524
53 Allworth Financial LP 0.08% of their portfolio FOLSOM, CA 303,400303.4k $17.0m $17.0m 0.08% Added +3.1k +3,123
54 Checchi Capital Advisers, LLC 1.18% of their portfolio BEVERLY HILLS, CA 300,912300.9k $16.9m $16.9m 1.18% Added +55.5k +55,456
55 Beacon Pointe Advisors, LLC 0.17% of their portfolio NEWPORT BEACH, CA 289,163289.2k $16.2m $16.2m 0.17% Reduced -76.7k -76,693
56 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.05% of their portfolio Los Angeles, CA 281,000281.0k $15.8m $15.8m 0.05% New
57 KEYBANK NATIONAL ASSOCIATION/OH 0.06% of their portfolio BROOKLYN, OH 271,092271.1k $15.2m $15.2m 0.06% Added +6.5k +6,539
58 GenWealth Group, Inc. 3.04% of their portfolio Maplewood, NJ 268,382268.4k $15.1m $15.1m 3.04% Added +15.5k +15,520
59 U.S. Capital Wealth Advisors, LLC 0.43% of their portfolio AUSTIN, TX 263,422263.4k $14.8m $14.8m 0.43% Added +3.8k +3,840
60 MANNING & NAPIER ADVISORS LLC 0.18% of their portfolio Fairport, NY 262,990263.0k $14.8m $14.8m 0.18% Added +48.0k +47,987
61 Fort Point Capital Partners LLC 1.42% of their portfolio San Francisco, CA 252,881252.9k $14.2m $14.2m 1.42% Added +84.0k +83,969
62 ONE PLUS ONE WEALTH MANAGEMENT, LLC 7.50% of their portfolio JUPITER, FL 245,276245.3k $13.8m $13.8m 7.50% Added +56.2k +56,213
63 TIFF ADVISORY SERVICES, LLC 3.14% of their portfolio RADNOR, PA 236,171236.2k $13.3m $13.3m 3.14% Added +36.2k +36,151
64 AE Wealth Management LLC 0.09% of their portfolio TOPEKA, KS 220,298220.3k $12.4m $12.4m 0.09% Reduced -185.8k -185,784
65 Forum Financial Management, LP 0.18% of their portfolio LOMBARD, IL 211,962212.0k $11.9m $11.9m 0.18% Added +81.0k +80,996
66 FINANCIAL LIFE ADVISORS 3.97% of their portfolio SAN ANTONIO, TX 206,913206.9k $11.6m $11.6m 3.97% Added +47.8k +47,818
67 Wealthcare Advisory Partners LLC 0.26% of their portfolio WEST CHESTER, PA 206,328206.3k $11.6m $11.6m 0.26% Added +91.6k +91,568
68 Peak Asset Management, LLC 2.10% of their portfolio LOUISVILLE, CO 204,070204.1k $11.5m $11.5m 2.10% Added +4.8k +4,753
69 HARBOUR INVESTMENTS, INC. 0.28% of their portfolio MADISON, WI 195,746195.7k $11.0m $11.0m 0.28% Added +9.7k +9,651
70 Aurelius Family Office LLC 5.11% of their portfolio BEDFORD, NH 192,650192.7k $10.8m $10.8m 5.11% Added +7.7k +7,673
71 Morningstar Investment Management LLC 0.92% of their portfolio CHICAGO, IL 187,211187.2k $10.5m $10.5m 0.92% Added +39.9k +39,881
72 Empowered Funds, LLC 0.12% of their portfolio NEWTOWN SQUARE, PA 182,556182.6k $10.2m $10.2m 0.12% Added +11.3k +11,251
73 Diversify Advisory Services, LLC 0.36% of their portfolio SANDY, UT 170,666170.7k $9.5m $9.5m 0.36% Added +111.6k +111,613
74 EXENCIAL WEALTH ADVISORS, LLC 0.33% of their portfolio OKLAHOMA CITY, OK 168,282168.3k $9.4m $9.4m 0.33% Reduced -3.9k -3,947
75 Red Tortoise LLC 4.57% of their portfolio ATLANTA, GA 166,907166.9k $9.4m $9.4m 4.57% Reduced -16.1k -16,061
76 VICUS CAPITAL 0.77% of their portfolio STATE COLLEGE, PA 164,718164.7k $9.2m $9.2m 0.77% Added +4.8k +4,761
77 OneDigital Investment Advisors LLC 0.10% of their portfolio OVERLAND PARK, KS 162,817162.8k $9.1m $9.1m 0.10% Added +96.7k +96,720
78 Westshore Wealth, LLC 3.50% of their portfolio NEWPORT BEACH, CA 162,530162.5k $9.1m $9.1m 3.50% Added +6.2k +6,248
79 O'Brien Wealth Partners LLC 1.43% of their portfolio Waltham, MA 162,414162.4k $9.1m $9.1m 1.43% Added +3.8k +3,830
80 AmeriServ Wealth Advisors 4.41% of their portfolio Johnstown, PA 158,888158.9k $8.9m $8.9m 4.41% Reduced -68.7k -68,717
81 OSAIC HOLDINGS, INC. 0.02% of their portfolio SCOTTSDALE, AZ 155,648155.6k $8.7m $8.7m 0.02% Added +77.4k +77,391
82 Compass Advisory Group LLC 2.58% of their portfolio MELVILLE, NY 145,052145.1k $8.1m $8.1m 2.58% Reduced -22.7k -22,691
83 Stratos Wealth Advisors, LLC 0.42% of their portfolio BEACHWOOD, OH 142,837142.8k $8.0m $8.0m 0.42% New
84 Quadratic Capital Management LLC 3.20% of their portfolio GREENWICH, CT 139,823139.8k $7.8m $7.8m 3.20% Reduced -9.6k -9,642
85 WEBSTERROGERS FINANCIAL ADVISORS, LLC 2.46% of their portfolio FLORENCE, SC 138,098138.1k $7.8m $7.8m 2.46% Added +1.4k +1,379
86 MATHER GROUP, LLC. 0.08% of their portfolio CHICAGO, IL 136,415136.4k $7.7m $7.7m 0.08% Reduced -10.3k -10,291
87 Global Retirement Partners, LLC 0.19% of their portfolio San Rafael, CA 133,600133.6k $7.5m $7.5m 0.19% First filing
88 Tandem Financial, LLC 7.02% of their portfolio GREENWOOD VILLAGE, CO 133,132133.1k $7.5m $7.5m 7.02% Reduced -15.4k -15,395
89 Towneley Capital Management, Inc / DE 1.67% of their portfolio LAGUNA HILLS, CA 129,951130.0k $7.3m $7.3m 1.67% Added +74.2k +74,196
90 First National Trust Co 0.26% of their portfolio Johnstown, PA 124,019124.0k $7.0m $7.0m 0.26% Added +3.0k +3,018
91 Rinkey Investments 2.07% of their portfolio San Diego, CA 122,515122.5k $6.9m $6.9m 2.07% Added +2.0k +2,030
92 POWER WEALTH MANAGEMENT LLC 2.60% of their portfolio ALPHARETTA, GA 120,515120.5k $6.8m $6.8m 2.60% Reduced -328 -328
93 Hennion & Walsh Asset Management, Inc. 0.27% of their portfolio Parsippany, NJ 120,067120.1k $6.7m $6.7m 0.27% Added +11.1k +11,131
94 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 117,639117.6k $6.6m $6.6m 0.01% Added +2.7k +2,673
95 INSIGHT 2811, INC. 3.09% of their portfolio CHICAGO, IL 116,214116.2k $6.5m $6.5m 3.09% Added +19.2k +19,152
96 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.01% of their portfolio CAUSEWAY BAY, K3 114,812114.8k $6.4m $6.4m 0.01% Reduced -24.0k -24,038
97 NewEdge Wealth, LLC 0.10% of their portfolio STAMFORD, CT 113,026113.0k $6.3m $6.3m 0.10% Added +6.2k +6,226
98 Bell Investment Advisors, Inc 1.05% of their portfolio ORINDA, CA 108,604108.6k $6.1m $6.1m 1.05% Reduced -10.7k -10,662
99 BENJAMIN EDWARDS INC 0.08% of their portfolio Clayton, MO 106,968107.0k $6.0m $6.0m 0.08% Added +7.2k +7,248
100 WNY Asset Management, LLC 0.65% of their portfolio Williamsville, NY 104,967105.0k $5.9m $5.9m 0.65% Added +7.1k +7,143