Vault-13

VANGUARD INDEX FDS VOE

MCAP VL IDXVIP · ETP · CUSIP 922908512

913 institutional holders +5 vs Q1 2023
73,495,76573.5m shares reported held*
$9.8bnreported value*
57 new 351 added 336 reduced 57 sold out net sold ≈ $242.6m (+221.7k 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 ($11.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $133.84. Options: 4 managers hold calls ($10.4m notional), 2 hold puts ($359.8k).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 826Q4 22: 917Q1 23: 908Q2 23: 913913Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022826
Q4 2022917
Q1 2023908
Q2 2023913

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 22: 400 bought or addedQ4 22: 341 cut or sold outQ4 22Q1 23: 395 bought or addedQ1 23: 404 cut or sold outQ1 23Q2 23: 408 bought or addedQ2 23: 393 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022400341
Q1 2023395404
Q2 2023408393

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ3 22 calls: $10.5mQ3 22 puts: $3.0mQ3 22P/C 0.29Q4 22 calls: $9.4mQ4 22 puts: $5.3mQ4 22P/C 0.56Q1 23 calls: $6.8mQ1 23 puts: $1.0mQ1 23P/C 0.15Q2 23 calls: $10.4mQ2 23 puts: $359.8kQ2 23P/C 0.03
Numbers
QuarterCallsPutsP/C
Q3 2022$10.5m$3.0m0.29
Q4 2022$9.4m$5.3m0.56
Q1 2023$6.8m$1.0m0.15
Q2 2023$10.4m$359.8k0.03

Biggest buyers

Bishop & Co Investment Management, LLC Added +2,085,169+2.1m
Pacific Life Fund Advisors LLC New +740,670+740.7k
ENVESTNET ASSET MANAGEMENT INC Added +279,596+279.6k
Betterment LLC Added +276,527+276.5k
STEPHENS GROUP ASSET MANAGEMENT, LLC Added +133,530+133.5k
ROYAL BANK OF CANADA Added +106,211+106.2k
ASSETMARK, INC Added +103,485+103.5k
Integrated Wealth Concepts LLC Added +73,422+73.4k
CITADEL ADVISORS LLC New +65,031+65.0k
Prostatis Group LLC New +61,525+61.5k

Biggest sellers

FMR LLC Reduced -1,224,125-1.2m
TD AMERITRADE INVESTMENT MANAGEMENT, LLC Reduced -724,878-724.9k
J.P. Morgan Private Wealth Advisors LLC Reduced -485,229-485.2k
Thrivent Financial for Lutherans Reduced -350,086-350.1k
TRUIST FINANCIAL CORP Reduced -282,364-282.4k
UBS Group AG Reduced -169,199-169.2k
WELLS FARGO & COMPANY/MN Reduced -121,983-122.0k
CARY STREET PARTNERS ASSET MANAGEMENT LLC Reduced -103,282-103.3k
NATIXIS ADVISORS, LLC Reduced -99,354-99.4k
BANK OF AMERICA CORP /DE/ Reduced -99,214-99.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.4m53.6k shares
CITADEL ADVISORS LLC Reduced $1.8m13.0k shares
WOLVERINE TRADING, LLC New $1.2m8.7k shares
Cutler Group LLC / CA New $0100 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $290.6k2.1k shares
CITADEL ADVISORS LLC Reduced $69.2k500 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Betterment LLC 4.49% of their portfolio NEW YORK, NY 10,464,86910.5m $1.4bn $1.4bn 4.49% Added +276.5k +276,527
2 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 4,277,2794.3m $591.9m $591.9m 0.06% Added +32.2k +32,249
3 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 3,309,4293.3m $458.0m $458.0m 0.05% Reduced -99.2k -99,214
4 ASSETMARK, INC 1.52% of their portfolio CONCORD, CA 2,791,7352.8m $386.3m $386.3m 1.52% Added +103.5k +103,485
5 ROYAL BANK OF CANADA 0.10% of their portfolio TORONTO, A6 2,651,8972.7m $367.0m $367.0m 0.10% Added +106.2k +106,211
6 WELLS FARGO & COMPANY/MN 0.09% of their portfolio SAN FRANCISCO, CA 2,317,0082.3m $320.6m $320.6m 0.09% Reduced -122.0k -121,983
7 JONES FINANCIAL COMPANIES LLLP 0.49% of their portfolio DES PERES, MO 2,216,2312.2m $306.7m $306.7m 0.49% Added +18.3k +18,276
8 PNC Financial Services Group, Inc. 0.25% of their portfolio Pittsburgh, PA 2,104,8332.1m $291.3m $291.3m 0.25% Added +47.8k +47,763
9 Bishop & Co Investment Management, LLC 0.68% of their portfolio Erie, PA 2,098,2562.1m $15.2k $15.2k 0.68% Added +2.1m +2,085,169
10 TIAA, FSB 0.97% of their portfolio ST. LOUIS, MO 1,941,0731.9m $268.6m $268.6m 0.97% Added +5.7k +5,689
11 UBS Group AG 0.11% of their portfolio ZURICH, V8 1,854,1291.9m $256.6m $256.6m 0.11% Reduced -169.2k -169,199
12 ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio Berwyn, PA 1,773,5251.8m $245.4m $245.4m 0.11% Added +279.6k +279,596
13 OSAIC HOLDINGS, INC. 0.29% of their portfolio SCOTTSDALE, AZ 1,159,3881.2m $160.5m $160.5m 0.29% Added +32.0k +32,021
14 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 1,057,1871.1m $146.3m $146.3m 0.05% Reduced -82.7k -82,716
15 STEPHENS GROUP ASSET MANAGEMENT, LLC 13.79% of their portfolio LITTLE ROCK, AR 1,015,2281.0m $140.5m $140.5m 13.79% Added +133.5k +133,530
16 LPL Financial LLC 0.10% of their portfolio FORT MILL, SC 994,425994.4k $137.6m $137.6m 0.10% Added +59.6k +59,633
17 FMR LLC 0.01% of their portfolio BOSTON, MA 993,633993.6k $137.5m $137.5m 0.01% Reduced -1.2m -1,224,125
18 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.17% of their portfolio MILWAUKEE, WI 952,028952.0k $131.7m $131.7m 0.17% Reduced -6.1k -6,118
19 TD AMERITRADE INVESTMENT MANAGEMENT, LLC 1.30% of their portfolio OMAHA, NE 881,715881.7k $122.0m $122.0m 1.30% Reduced -724.9k -724,878
20 Waverly Advisors, LLC 5.14% of their portfolio BIRMINGHAM, AL 846,832846.8k $117.2m $117.2m 5.14% Reduced -691 -691
21 Wellspring Financial Advisors, LLC 0.81% of their portfolio CLEVELAND, OH 798,319798.3k $2.9m $2.9m 0.81% Reduced -8.9k -8,946
22 Pacific Life Fund Advisors LLC 10.42% of their portfolio NEWPORT BEACH, CA 740,670740.7k $102.5m $102.5m 10.42% New
23 Rockefeller Capital Management L.P. 0.31% of their portfolio NEW YORK, NY 573,836573.8k $79.4m $79.4m 0.31% First filing
24 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 534,048534.0k $73.9m $73.9m 0.10% Reduced -16.6k -16,622
25 TRUIST FINANCIAL CORP 0.11% of their portfolio CHARLOTTE, NC 480,246480.2k $66.5m $66.5m 0.11% Reduced -282.4k -282,364
26 COMMONWEALTH EQUITY SERVICES, LLC 0.13% of their portfolio WALTHAM, MA 460,762460.8k $63.8m $63.8m 0.13% Reduced -6.5k -6,503
27 SYM FINANCIAL Corp 12.68% of their portfolio WINONA LAKE, IN 452,203452.2k $62.6m $62.6m 12.68% Added +17.4k +17,361
28 MONETA GROUP INVESTMENT ADVISORS LLC 1.33% of their portfolio ST LOUIS, MO 435,523435.5k $60.3m $60.3m 1.33% Added +45.0k +45,049
29 Avior Wealth Management, LLC 3.59% of their portfolio OMAHA, NE 399,115399.1k $55.2m $55.2m 3.59% Added +24.0k +23,972
30 Raymond James Financial Services Advisors, Inc. 0.09% of their portfolio ST. PETERSBURG, FL 388,830388.8k $53.8m $53.8m 0.09% Added +3.3k +3,304
31 US BANCORP \DE\ 0.09% of their portfolio MINNEAPOLIS, MN 386,049386.0k $53.4m $53.4m 0.09% Reduced -50.9k -50,922
32 Equitable Holdings, Inc. 0.77% of their portfolio NEW YORK, NY 385,701385.7k $53.4m $53.4m 0.77% Reduced -10.9k -10,867
33 Mariner, LLC 0.14% of their portfolio Overland Park, KS 385,169385.2k $53.3m $53.3m 0.14% Added +24.5k +24,527
34 Money Design Co.,Ltd. 3.10% of their portfolio TOKYO, M0 379,044379.0k $52.5m $52.5m 3.10% Added +40.4k +40,394
35 Composition Wealth, LLC 1.50% of their portfolio LOS ANGELES, CA 356,893356.9k $49.4m $49.4m 1.50% Added +10.0k +10,000
36 Orgel Wealth Management, LLC 1.54% of their portfolio ALTOONA, WI 337,497337.5k $46.7m $46.7m 1.54% Added +28.2k +28,186
37 COLONY GROUP LLC 0.63% of their portfolio Boston, MA 321,518321.5k $44.5m $44.5m 0.63% Added +5.0k +4,956
38 Creative Planning 0.06% of their portfolio OVERLAND PARK, KS 312,317312.3k $43.2m $43.2m 0.06% Reduced -7.9k -7,851
39 LINCOLN NATIONAL CORP 0.85% of their portfolio RADNOR, PA 312,311312.3k $43.2m $43.2m 0.85% Added +19.7k +19,661
40 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 299,395299.4k $41.5m $41.5m 0.02% Reduced -7.6k -7,645
41 Rodgers & Associates, LTD 5.81% of their portfolio Lancaster, PA 290,700290.7k $40.2m $40.2m 5.81% Added +9.2k +9,237
42 MML INVESTORS SERVICES, LLC 0.22% of their portfolio SPRINGFIELD, MA 285,967286.0k $39.6m $39.6m 0.22% Added +12.6k +12,556
43 Trust Co 5.57% of their portfolio MANHATTAN, KS 269,655269.7k $37.3m $37.3m 5.57% Added +12.5k +12,486
44 1832 Asset Management L.P. 0.07% of their portfolio TORONTO, A6 263,218263.2k $36.4m $36.4m 0.07% Added +2.3k +2,262
45 Marotta Asset Management 7.94% of their portfolio CHARLOTTESVILLE, VA 257,383257.4k $35.6m $35.6m 7.94% First filing
46 Private Advisor Group, LLC 0.31% of their portfolio MORRISTOWN, NJ 248,883248.9k $35.4m $35.4m 0.31% Added +2.3k +2,264
47 INSPIRION WEALTH ADVISORS, LLC 6.40% of their portfolio LIBERTYVILLE, IL 241,305241.3k $33.4m $33.4m 6.40% Added +8.3k +8,329
48 NATIXIS ADVISORS, LLC 0.10% of their portfolio Boston, MA 236,999237.0k $32.8m $32.8m 0.10% Reduced -99.4k -99,354
49 CONDOR CAPITAL MANAGEMENT 3.76% of their portfolio MARTINSVILLE, NJ 226,826226.8k $31.4m $31.4m 3.76% Added +751 +751
50 J.P. Morgan Private Wealth Advisors LLC 0.16% of their portfolio SAN FRANCISCO, CA 222,049222.0k $30.7m $30.7m 0.16% Reduced -485.2k -485,229
51 Krilogy Financial LLC 2.73% of their portfolio ST. LOUIS, MO 219,729219.7k $30.4m $30.4m 2.73% Added +8.0k +7,967
52 Summit Financial, LLC 2.17% of their portfolio PARSIPPANY, NJ 215,177215.2k $29.8m $29.8m 2.17% Added +11.7k +11,738
53 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 203,230203.2k $28.1m $28.1m 0.00% Added +52.1k +52,129
54 McAdam, LLC 2.19% of their portfolio Philadelphia, PA 191,892191.9k $26.6m $26.6m 2.19% Added +26.0k +25,959
55 Falcon Wealth Planning 5.81% of their portfolio Ontario, CA 188,461188.5k $26.1m $26.1m 5.81% Added +14.0k +13,968
56 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 181,576181.6k $25.1m $25.1m 0.02% Reduced -16.7k -16,733
57 KWMG, LLC 2.94% of their portfolio OVERLAND PARK, KS 171,571171.6k $23.7m $23.7m 2.94% Added +13.2k +13,161
58 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 169,682169.7k $23.5m $23.5m 0.11% Reduced -2.8k -2,769
59 Praetorian Wealth Management, Inc. 7.02% of their portfolio CARMEL, CA 164,110164.1k $22.7m $22.7m 7.02% Added +1.7k +1,699
60 Roberts Financial Services LLC 5.14% of their portfolio MARQUETTE, MI 159,344159.3k $22.0m $22.0m 5.14% Added +6.7k +6,708
61 Integrated Wealth Concepts LLC 0.38% of their portfolio WALTHAM, MA 158,541158.5k $21.9m $21.9m 0.38% Added +73.4k +73,422
62 Bragg Financial Advisors, Inc 1.19% of their portfolio CHARLOTTE, NC 156,819156.8k $21.7m $21.7m 1.19% Added +9.3k +9,320
63 BHK Investment Advisors, LLC 9.17% of their portfolio BIRMINGHAM, AL 154,849154.8k $21.4m $21.4m 9.17% Reduced -2.3k -2,312
64 WoodTrust Financial Corp 3.91% of their portfolio WISCONSIN RAPIDS, WI 152,452152.5k $21.1m $21.1m 3.91% Added +6.9k +6,868
65 Baird Financial Group, Inc. 0.06% of their portfolio MILWAUKEE, WI 151,478151.5k $21.0m $21.0m 0.06% Reduced -2.4k -2,448
66 STEPHENS INC /AR/ 0.37% of their portfolio LITTLE ROCK, AR 150,260150.3k $20.8m $20.8m 0.37% Reduced -7.2k -7,151
67 Capital Advantage, Inc. 4.06% of their portfolio Walnut Creek, CA 139,830139.8k $19.5m $19.5m 4.06% Reduced -1.5k -1,510
68 Bogart Wealth, LLC 1.22% of their portfolio MCLEAN, VA 139,417139.4k $19.3m $19.3m 1.22% Added +4.3k +4,318
69 Total Wealth Planning, LLC 3.95% of their portfolio CINCINNATI, OH 137,108137.1k $19.0m $19.0m 3.95% Added +7.0k +7,011
70 BLAIR WILLIAM & CO/IL 0.07% of their portfolio CHICAGO, IL 134,492134.5k $18.6m $18.6m 0.07% Reduced -12.2k -12,204
71 BENJAMIN F. EDWARDS & COMPANY, INC. 0.69% of their portfolio ST. LOUIS, MO 131,709131.7k $18.2m $18.2m 0.69% Added +5.1k +5,109
72 PRUDENTIAL FINANCIAL INC 0.03% of their portfolio NEWARK, NJ 130,769130.8k $18.1m $18.1m 0.03% Reduced -6.3k -6,274
73 Shakespeare Wealth Management, LLC 6.08% of their portfolio Pewaukee, WI 128,311128.3k $17.8m $17.8m 6.08% Added +7.6k +7,596
74 NewEdge Advisors, LLC 0.20% of their portfolio NEW ORLEANS, LA 126,970127.0k $17.6m $17.6m 0.20% Added +12.6k +12,604
75 AIRE ADVISORS, LLC 4.46% of their portfolio BEVERLY HILLS, CA 122,393122.4k $16.9m $16.9m 4.46% Added +175 +175
76 Cetera Advisor Networks LLC 0.11% of their portfolio EL SEGUNDO, CA 119,080119.1k $16.4m $16.4m 0.11% Added +3.2k +3,185
77 Kestra Advisory Services, LLC 0.16% of their portfolio AUSTIN, TX 114,104114.1k $15.8m $15.8m 0.16% Reduced -809 -809
78 Avion Wealth 4.11% of their portfolio THE WOODLANDS, TX 113,332113.3k $15.7m $15.7m 4.11% Added +20.4k +20,368
79 Ellevest, Inc. 1.18% of their portfolio NEW YORK, NY 113,238113.2k $15.7m $15.7m 1.18% Added +5.1k +5,069
80 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 112,447112.4k $15.5m $15.5m 0.03% Added +2.6k +2,608
81 Thrivent Financial for Lutherans 0.03% of their portfolio Minneapolis, MN 110,033110.0k $15.2m $15.2m 0.03% Reduced -350.1k -350,086
82 SAGE FINANCIAL GROUP INC 1.59% of their portfolio W. CONSHOHOCKEN, PA 108,462108.5k $15.0m $15.0m 1.59% Added +1.1k +1,059
83 Ledyard National Bank 1.63% of their portfolio HANOVER, NH 108,252108.3k $15.0m $15.0m 1.63% Added +640 +640
84 Strategic Investment Advisors / MI 2.07% of their portfolio FARMINGTON HILLS, MI 107,912107.9k $14.9m $14.9m 2.07% Added +55.8k +55,816
85 PEAPACK GLADSTONE FINANCIAL CORP 0.26% of their portfolio BEDMINSTER, NJ 107,239107.2k $14.8m $14.8m 0.26% Added +524 +524
86 PRESILIUM PRIVATE WEALTH, LLC 5.06% of their portfolio RADNOR, PA 106,640106.6k $14.8m $14.8m 5.06% Added +12.7k +12,740
87 Engrave Wealth Partners LLC 4.65% of their portfolio SPRING, TX 106,084106.1k $14.7m $14.7m 4.65% Added +603 +603
88 Evensky & Katz LLC 1.09% of their portfolio CORAL GABLES, FL 104,296104.3k $14.4m $14.4m 1.09% Reduced -2.2k -2,210
89 FIFTH THIRD BANCORP 0.06% of their portfolio CINCINNATI, OH 103,882103.9k $14.4m $14.4m 0.06% Reduced -7.4k -7,443
90 ALPS ADVISORS INC 0.12% of their portfolio Denver, CO 103,460103.5k $14.3m $14.3m 0.12% Added +10 +10
91 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 95,52095.5k $13.2m $13.2m 0.05% Reduced -16.5k -16,521
92 Asset Management Group, Inc. 2.76% of their portfolio STAMFORD, CT 93,97194.0k $13.0m $13.0m 2.76% Reduced -452 -452
93 MERCER GLOBAL ADVISORS INC /ADV 0.05% of their portfolio DENVER, CO 93,80393.8k $13.0m $13.0m 0.05% Added +41.9k +41,874
94 Sepio Capital, LP 1.02% of their portfolio Salt Lake City, UT 90,31290.3k $12.5m $12.5m 1.02% Added +18.2k +18,200
95 Compton Wealth Advisory Group, LLC 4.16% of their portfolio VIRGINIA BEACH, VA 90,15990.2k $12.5m $12.5m 4.16% Reduced -1.4k -1,401
96 Ratio Wealth Group 3.04% of their portfolio DENVER, CO 88,84388.8k $12.3m $12.3m 3.04% First filing
97 Bluespring Wealth Management, LLC 1.60% of their portfolio AUSTIN, TX 88,80188.8k $12.3m $12.3m 1.60% Added +2.8k +2,810
98 Pacific Center for Financial Services 4.03% of their portfolio DANVILLE, CA 88,52888.5k $12.3m $12.3m 4.03% Reduced -223 -223
99 MMA ASSET MANAGEMENT LLC 3.66% of their portfolio New York, NY 87,51887.5k $12.1m $12.1m 3.66% Added +52.6k +52,568
100 Avantax Planning Partners, Inc. 0.48% of their portfolio DUBUQUE, IA 87,31287.3k $12.1m $12.1m 0.48% Added +4.8k +4,828