Vault-13

VANGUARD SCOTTSDALE FDS VGLT

LONG TERM TREAS · ETP · CUSIP 92206C847

440 institutional holders -8 vs Q4 2025
116,180,208116.2m shares reported held*
$6.4bnreported value*
54 new 192 added 132 reduced 56 sold out net sold ≈ $63.7m (-440.8k 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 ($22.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $55.42. Options: 3 managers hold calls ($23.9m notional), 2 hold puts ($2.3m).

Trends to Q1 2026

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: 407Q3 25: 402Q4 25: 448Q1 26: 440440Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025402
Q4 2025448
Q1 2026440

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 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 25Q2 25: 223 bought or addedQ2 25: 191 cut or sold outQ3 25: 209 bought or addedQ3 25: 193 cut or sold outQ3 25Q4 25: 247 bought or addedQ4 25: 159 cut or sold outQ1 26: 246 bought or addedQ1 26: 188 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024218163
Q3 2024244156
Q4 2024207202
Q1 2025217197
Q2 2025223191
Q3 2025209193
Q4 2025247159
Q1 2026246188

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ2 25 calls: $9.1mQ2 25 puts: $5.0mQ2 25P/C 0.55Q3 25 calls: $8.8mQ3 25 puts: $7.0mQ3 25P/C 0.80Q4 25 calls: $7.6mQ4 25 puts: $2.8mQ4 25P/C 0.36Q1 26 calls: $23.9mQ1 26 puts: $2.3mQ1 26P/C 0.10
Numbers
QuarterCallsPutsP/C
Q2 2025$9.1m$5.0m0.55
Q3 2025$8.8m$7.0m0.80
Q4 2025$7.6m$2.8m0.36
Q1 2026$23.9m$2.3m0.10

Biggest buyers

FIFTH THIRD BANCORP Added +1,210,464+1.2m
Empower Advisory Group, LLC Added +1,132,293+1.1m
MORGAN STANLEY Added +970,583+970.6k
NEPC LLC Added +640,058+640.1k
ENVESTNET ASSET MANAGEMENT INC Added +469,740+469.7k
Klaas Financial Asset Advisors, LLC New +393,835+393.8k
Penserra Capital Management LLC New +357,643+357.6k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC New +264,300+264.3k
JOHNSON INVESTMENT COUNSEL INC New +250,912+250.9k
JANE STREET GROUP, LLC New +229,365+229.4k

Biggest sellers

Nan Shan Life Insurance Co., Ltd. Sold out -3,063,500-3.1m
BANK OF AMERICA CORP /DE/ Reduced -1,903,801-1.9m
Corient Private Wealth LP Reduced -1,090,889-1.1m
Federation des caisses Desjardins du Quebec Reduced -604,468-604.5k
Dunhill Financial, LLC Sold out -548,133-548.1k
CITIGROUP INC Reduced -386,682-386.7k
49 WEALTH MANAGEMENT, LLC Sold out -360,513-360.5k
Mirae Asset Global Investments Co., Ltd. Reduced -305,997-306.0k
Wealthcare Advisory Partners LLC Sold out -268,447-268.4k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Sold out -264,300-264.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $20.5m370.1k shares
JANE STREET GROUP, LLC Added $2.2m39.6k shares
CITADEL ADVISORS LLC Reduced $1.2m22.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.4m25.3k shares
CITADEL ADVISORS LLC Added $902.3k16.3k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Empower Advisory Group, LLC 2.23% of their portfolio Greenwood Village, CO 15,544,15615.5m $860.4m $860.4m 2.23% Added +1.1m +1,132,293
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 11,864,60411.9m $656.8m $656.8m 0.04% Added +970.6k +970,583
3 VOYA INVESTMENT MANAGEMENT LLC 0.49% of their portfolio ATLANTA, GA 8,515,3858.5m $471.4m $471.4m 0.49% Added +29.2k +29,201
4 NEPC LLC 9.26% of their portfolio Boston, MA 8,403,0658.4m $465.2m $465.2m 9.26% Added +640.1k +640,058
5 AMERIPRISE FINANCIAL INC 0.09% of their portfolio MINNEAPOLIS, MN 6,917,4036.9m $383.3m $383.3m 0.09% Added +122.0k +122,050
6 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 5,264,4185.3m $291.4m $291.4m 0.02% Reduced -1.9m -1,903,801
7 Cassaday & Co Wealth Management LLC 5.74% of their portfolio MCLEAN, VA 4,867,7824.9m $269.5m $269.5m 5.74% Added +147.4k +147,421
8 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 2,768,1842.8m $153.2m $153.2m 0.04% Added +469.7k +469,740
9 CAMBRIDGE ASSOCIATES LLC /MA/ /ADV 2.38% of their portfolio BOSTON, MA 2,690,4832.7m $148.9m $148.9m 2.38% Added +179.7k +179,727
10 Mirae Asset Global Investments Co., Ltd. 0.38% of their portfolio SEOUL, M5 2,376,2662.4m $131.5m $131.5m 0.38% Reduced -306.0k -305,997
11 LPL Financial LLC 0.03% of their portfolio FORT MILL, SC 2,289,6462.3m $126.7m $126.7m 0.03% Added +191.7k +191,731
12 Corient Private Wealth LP 0.12% of their portfolio MIAMI, FL 1,547,2641.5m $85.6m $85.6m 0.12% Reduced -1.1m -1,090,889
13 Strategic Financial Services, Inc. 3.45% of their portfolio UTICA, NY 1,308,3201.3m $72.4m $72.4m 3.45% Added +35.0k +34,967
14 FIFTH THIRD BANCORP 0.12% of their portfolio CINCINNATI, OH 1,211,3191.2m $67.1m $67.1m 0.12% Added +1.2m +1,210,464
15 UBS Group AG 0.01% of their portfolio ZURICH, V8 1,116,7931.1m $61.8m $61.8m 0.01% Reduced -117.3k -117,273
16 Hamilton Capital Partners Inc. 1.98% of their portfolio TORONTO, A6 1,064,1811.1m $58.9m $58.9m 1.98% Reduced -70.9k -70,940
17 TRUIST FINANCIAL CORP 0.08% of their portfolio CHARLOTTE, NC 1,049,8981.0m $58.1m $58.1m 0.08% Added +10.0k +9,973
18 Prime Capital Investment Advisors, LLC 0.66% of their portfolio OVERLAND PARK, KS 1,036,2091.0m $57.4m $57.4m 0.66% Reduced -8.1k -8,069
19 SCS Capital Management LLC 0.60% of their portfolio BOSTON, MA 1,024,2451.0m $56.7m $56.7m 0.60% Added +129.3k +129,325
20 Forum Financial Management, LP 0.70% of their portfolio LOMBARD, IL 896,211896.2k $49.6m $49.6m 0.70% Added +153.2k +153,201
21 Rainwater Charitable Foundation 25.34% of their portfolio FORT WORTH, TX 886,452886.5k $49.1m $49.1m 25.34% Unchanged
22 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 867,085867.1k $48.0m $48.0m 0.01% Added +129.0k +129,005
23 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 832,088832.1k $46.1m $46.1m 0.03% Reduced -386.7k -386,682
24 Ironwood Wealth Management, LLC. 12.85% of their portfolio CHANDLER, AZ 809,466809.5k $44.8m $44.8m 12.85% Added +18.8k +18,775
25 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 804,115804.1k $44.5m $44.5m 0.01% Added +88.1k +88,052
26 ASSETMARK, INC 0.09% of their portfolio CONCORD, CA 802,468802.5k $44.4m $44.4m 0.09% Added +14.6k +14,595
27 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 791,502791.5k $43.8m $43.8m 0.01% Reduced -3.9k -3,945
28 TIFF ADVISORY SERVICES, LLC 9.35% of their portfolio RADNOR, PA 749,145749.1k $41.5m $41.5m 9.35% Added +213.3k +213,287
29 Barry Investment Advisors, LLC 8.88% of their portfolio NEW BEDFORD, MA 727,544727.5k $40.3m $40.3m 8.88% Added +10.0k +10,045
30 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 699,228699.2k $38.7m $38.7m 0.01% Reduced -237 -237
31 Focus Partners Wealth 0.04% of their portfolio ST LOUIS, MO 695,613695.6k $38.5m $38.5m 0.04% Reduced -18.8k -18,841
32 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 684,838684.8k $37.9m $37.9m 0.00% Added +87.9k +87,893
33 MANNING & NAPIER ADVISORS LLC 0.51% of their portfolio Fairport, NY 650,596650.6k $36.0m $36.0m 0.51% Added +175.2k +175,228
34 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 1.30% of their portfolio BETHESDA, MD 640,000640.0k $35.4m $35.4m 1.30% Added +70.0k +70,000
35 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 605,352605.4k $33.5m $33.5m 0.02% Added +34.3k +34,268
36 Facet Wealth, Inc. 0.58% of their portfolio WEST PALM BEACH, FL 604,760604.8k $33.5m $33.5m 0.58% Added +50.6k +50,570
37 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 505,605505.6k $28.0m $28.0m 0.05% Added +32.8k +32,783
38 Harvest Portfolios Group Inc. 0.45% of their portfolio Oakville, A6 493,332493.3k $27.3m $27.3m 0.45% Reduced -89.6k -89,576
39 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 486,531486.5k $26.9m $26.9m 0.01% Added +201.2k +201,176
40 Wealthfront Advisers LLC 0.06% of their portfolio Palo Alto, CA 465,802465.8k $25.8m $25.8m 0.06% Reduced -19.9k -19,869
41 Checchi Capital Advisers, LLC 1.69% of their portfolio BEVERLY HILLS, CA 444,810444.8k $24.6m $24.6m 1.69% Added +35.9k +35,867
42 Tortoise Investment Management, LLC 2.00% of their portfolio WHITE PLAINS, NY 438,652438.7k $24.3m $24.3m 2.00% Reduced -16 -16
43 First Financial Bankshares Inc 0.47% of their portfolio Abilene, TX 420,464420.5k $23.3m $23.3m 0.47% Added +4.6k +4,607
44 NATIONAL BANK OF CANADA /FI/ 0.02% of their portfolio MONTREAL, A8 406,800406.8k $22.5m $22.5m 0.02% Added +183.7k +183,700
45 NOTTINGHAM ADVISORS, INC. 2.87% of their portfolio AMHERST, NY 402,843402.8k $22.3m $22.3m 2.87% Added +48.6k +48,626
46 PRINCIPAL SECURITIES, INC. 0.32% of their portfolio DES MOINES, IA 395,286395.3k $21.9m $21.9m 0.32% Added +15.3k +15,334
47 GenWealth Group, Inc. 3.73% of their portfolio Maplewood, NJ 393,841393.8k $21.8m $21.8m 3.73% Added +40.8k +40,828
48 Klaas Financial Asset Advisors, LLC 3.01% of their portfolio LOVES PARK, IL 393,835393.8k $21.8m $21.8m 3.01% New
49 Penserra Capital Management LLC 0.23% of their portfolio ORINDA, CA 357,643357.6k $19.8m $19.8m 0.23% New
50 Gleason Group, Inc. 1.95% of their portfolio PROSPECT, KY 355,720355.7k $19.7m $19.7m 1.95% Added +2.5k +2,535
51 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 346,745346.7k $19.2m $19.2m 0.03% Reduced -148.2k -148,164
52 Betterment LLC 0.04% of their portfolio NEW YORK, NY 345,273345.3k $19.1m $19.1m 0.04% Added +8.8k +8,831
53 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 334,315334.3k $18.5m $18.5m 0.04% Reduced -214.9k -214,866
54 Allworth Financial LP 0.07% of their portfolio FOLSOM, CA 329,557329.6k $18.2m $18.2m 0.07% Added +15.2k +15,152
55 Obermeyer Wealth Partners 0.82% of their portfolio ASPEN, CO 322,604322.6k $17.9m $17.9m 0.82% Added +69.1k +69,108
56 RETIREMENT FINANCIAL SOLUTIONS, LLC 5.04% of their portfolio KNOXVILLE, TN 318,408318.4k $17.6m $17.6m 5.04% Added +3.0k +2,967
57 WLTH Capital Management, LLC 12.74% of their portfolio CHANDLER, AZ 293,767293.8k $16.3m $16.3m 12.74% Added +16.3k +16,269
58 FINANCIAL LIFE ADVISORS 5.05% of their portfolio SAN ANTONIO, TX 292,879292.9k $16.2m $16.2m 5.05% Added +13.7k +13,710
59 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 288,076288.1k $15.9m $15.9m 0.02% Added +150.6k +150,619
60 Baird Financial Group, Inc. 0.02% of their portfolio MILWAUKEE, WI 274,197274.2k $15.2m $15.2m 0.02% Reduced -56.6k -56,637
61 KEYBANK NATIONAL ASSOCIATION/OH 0.05% of their portfolio BROOKLYN, OH 264,333264.3k $14.6m $14.6m 0.05% Added +5.5k +5,534
62 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.05% of their portfolio Los Angeles, CA 264,300264.3k $14.6m $14.6m 0.05% New
63 JOHNSON INVESTMENT COUNSEL INC 0.11% of their portfolio Cincinnati, OH 250,912250.9k $13.9m $13.9m 0.11% New
64 AE Wealth Management LLC 0.07% of their portfolio TOPEKA, KS 247,712247.7k $13.7m $13.7m 0.07% Reduced -293 -293
65 Professional Financial Management, Inc. 14.05% of their portfolio APPLETON, WI 243,810243.8k $13.5m $13.5m 14.05% Added +69.2k +69,193
66 NorthRock Partners, LLC 0.21% of their portfolio MINNEAPOLIS, MN 239,924239.9k $13.3m $13.3m 0.21% Added +6.8k +6,798
67 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 229,365229.4k $12.7m $12.7m 0.01% New
68 Vident Advisory, LLC 0.11% of their portfolio Alpharetta, GA 224,339224.3k $12.4m $12.4m 0.11% Added +72.3k +72,267
69 Tidal Investments LLC 0.04% of their portfolio Milwaukee, WI 219,063219.1k $12.1m $12.1m 0.04% New
70 Aurelius Family Office LLC 5.26% of their portfolio BEDFORD, NH 218,499218.5k $12.1m $12.1m 5.26% Added +6.9k +6,880
71 Beacon Pointe Advisors, LLC 0.06% of their portfolio NEWPORT BEACH, CA 215,326215.3k $11.9m $11.9m 0.06% Added +40.8k +40,841
72 ELEVATION POINT WEALTH PARTNERS, LLC 0.27% of their portfolio DENVER, CO 204,119204.1k $11.3m $11.3m 0.27% Added +10.8k +10,779
73 Vestmark Advisory Solutions, Inc. 0.13% of their portfolio Wakefield, MA 203,746203.7k $11.3m $11.3m 0.13% Added +10.4k +10,407
74 Fisher Asset Management, LLC 0.00% of their portfolio PLANO, TX 202,959203.0k $11.2m $11.2m 0.00% Reduced -28.1k -28,090
75 Morningstar Investment Management LLC 0.66% of their portfolio CHICAGO, IL 191,300191.3k $10.6m $10.6m 0.66% Added +10.1k +10,063
76 VICUS CAPITAL 0.77% of their portfolio STATE COLLEGE, PA 188,280188.3k $10.4m $10.4m 0.77% Added +3.7k +3,749
77 Westshore Wealth, LLC 3.51% of their portfolio NEWPORT BEACH, CA 180,505180.5k $10.0m $10.0m 3.51% Added +8.8k +8,774
78 DIVERSIFY WEALTH MANAGEMENT, LLC 0.18% of their portfolio SANDY, UT 180,184180.2k $9.9m $9.9m 0.18% Added +65.0k +65,036
79 Compass Advisory Group LLC 2.61% of their portfolio MELVILLE, NY 176,223176.2k $9.8m $9.8m 2.61% Added +4.6k +4,607
80 Federation des caisses Desjardins du Quebec 0.03% of their portfolio LEVIS, A8 174,370174.4k $9.7m $9.7m 0.03% Reduced -604.5k -604,468
81 COURIER CAPITAL LLC 0.48% of their portfolio BUFFALO, NY 154,593154.6k $8.6m $8.6m 0.48% Added +23.3k +23,261
82 Rinkey Investments 2.06% of their portfolio San Diego, CA 145,711145.7k $8.1m $8.1m 2.06% Added +54.2k +54,226
83 WEBSTERROGERS FINANCIAL ADVISORS, LLC 2.29% of their portfolio FLORENCE, SC 144,848144.8k $8.0m $8.0m 2.29% Added +996 +996
84 EXENCIAL WEALTH ADVISORS, LLC 0.24% of their portfolio OKLAHOMA CITY, OK 141,053141.1k $7.8m $7.8m 0.24% Reduced -396 -396
85 Towneley Capital Management, Inc / DE 1.62% of their portfolio LAGUNA HILLS, CA 139,985140.0k $7.7m $7.7m 1.62% Added +5.3k +5,252
86 Red Tortoise LLC 3.24% of their portfolio ATLANTA, GA 139,542139.5k $7.7m $7.7m 3.24% Reduced -6.9k -6,928
87 Bell Investment Advisors, Inc 1.21% of their portfolio ORINDA, CA 139,430139.4k $7.7m $7.7m 1.21% Added +22.5k +22,500
88 MATHER GROUP, LLC. 0.08% of their portfolio CHICAGO, IL 138,225138.2k $7.7m $7.7m 0.08% Reduced -1.8k -1,772
89 Hennion & Walsh Asset Management, Inc. 0.25% of their portfolio Parsippany, NJ 136,374136.4k $7.5m $7.5m 0.25% Reduced -1.3k -1,334
90 INSIGHT 2811, INC. 3.25% of their portfolio CHICAGO, IL 135,249135.2k $7.5m $7.5m 3.25% Added +6.6k +6,601
91 Warwick Investment Management, Inc. 1.08% of their portfolio BRYAN, TX 134,475134.5k $7.4m $7.4m 1.08% Added +50.0k +50,007
92 NewEdge Wealth, LLC 0.08% of their portfolio STAMFORD, CT 128,474128.5k $7.1m $7.1m 0.08% Reduced -830 -830
93 KESTRA PRIVATE WEALTH SERVICES, LLC 0.09% of their portfolio AUSTIN, TX 127,307127.3k $7.0m $7.0m 0.09% Added +27.9k +27,922
94 First National Trust Co 0.24% of their portfolio Johnstown, PA 126,433126.4k $7.0m $7.0m 0.24% Reduced -500 -500
95 Summit Financial, LLC 0.09% of their portfolio PARSIPPANY, NJ 124,057124.1k $6.9m $6.9m 0.09% Added +2.8k +2,809
96 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 123,680123.7k $6.8m $6.8m 0.02% Reduced -26.6k -26,557
97 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 123,466123.5k $6.8m $6.8m 0.01% Reduced -12.7k -12,691
98 Hirtle & Co., LLC 0.23% of their portfolio WEST CONSHOHOCKEN, PA 122,989123.0k $6.8m $6.8m 0.23% Added +103.0k +103,030
99 RHS Financial, LLC 3.22% of their portfolio SAN FRANCISCO, CA 122,859122.9k $6.8m $6.8m 3.22% Added +37.2k +37,161
100 Tandem Financial, LLC 2.26% of their portfolio GREENWOOD VILLAGE, CO 120,674120.7k $6.7m $6.7m 2.26% Reduced -32.7k -32,742