Vault-13

VANGUARD INDEX FDS VOE

MCAP VL IDXVIP · ETP · CUSIP 922908512

898 institutional holders -15 vs Q2 2023
71,321,62371.3m shares reported held*
$9.2bnreported value*
46 new 355 added 315 reduced 56 sold out net sold ≈ $86.9m (-2.3m 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 ($4.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $129.49. Options: 3 managers hold calls ($8.5m notional), 3 hold puts ($637.0k).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 826Q4 22: 917Q1 23: 908Q2 23: 913Q3 23: 898898Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022826
Q4 2022917
Q1 2023908
Q2 2023913
Q3 2023898

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 23Q3 23: 401 bought or addedQ3 23: 371 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022400341
Q1 2023395404
Q2 2023408393
Q3 2023401371

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ4 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 0.03Q3 23 calls: $8.5mQ3 23 puts: $637.0kQ3 23P/C 0.08
Numbers
QuarterCallsPutsP/C
Q4 2022$9.4m$5.3m0.56
Q1 2023$6.8m$1.0m0.15
Q2 2023$10.4m$359.8k0.03
Q3 2023$8.5m$637.0k0.08

Biggest buyers

CHARLES SCHWAB INVESTMENT MANAGEMENT INC New +702,041+702.0k
EP Wealth Advisors, LLC Added +548,206+548.2k
Betterment LLC Added +228,509+228.5k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC New +208,952+209.0k
Symmetry Partners, LLC New +172,053+172.1k
CAPTRUST FINANCIAL ADVISORS Added +119,369+119.4k
ASSETMARK, INC Added +92,793+92.8k
World Investment Advisors Added +89,865+89.9k
Beacon Pointe Advisors, LLC Added +70,529+70.5k
O'SHAUGHNESSY ASSET MANAGEMENT, LLC Added +60,511+60.5k

Biggest sellers

Bishop & Co Investment Management, LLC Reduced -2,098,256-2.1m
TD AMERITRADE INVESTMENT MANAGEMENT, LLC Reduced -881,715-881.7k
WELLS FARGO & COMPANY/MN Reduced -310,670-310.7k
OSAIC HOLDINGS, INC. Reduced -295,553-295.6k
UBS Group AG Reduced -242,220-242.2k
BANK OF AMERICA CORP /DE/ Reduced -195,693-195.7k
Composition Wealth, LLC Reduced -160,099-160.1k
Pacific Life Fund Advisors LLC Reduced -128,716-128.7k
ALPS ADVISORS INC Sold out -103,460-103.5k
STEPHENS GROUP ASSET MANAGEMENT, LLC Reduced -84,335-84.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.0m45.7k shares
CITADEL ADVISORS LLC Added $2.5m18.9k shares
Cutler Group LLC / CA Added $4.0k1.3k shares

Biggest puts

CITADEL ADVISORS LLC Added $379.8k2.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $248.8k1.9k shares
Private Advisor Group, LLC New $8.4k6.4k 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 Betterment LLC 4.44% of their portfolio NEW YORK, NY 10,693,37810.7m $1.4bn $1.4bn 4.44% Added +228.5k +228,509
2 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 4,233,6754.2m $554.4m $554.4m 0.06% Reduced -43.6k -43,604
3 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 3,113,7363.1m $407.8m $407.8m 0.05% Reduced -195.7k -195,693
4 ASSETMARK, INC 1.51% of their portfolio CONCORD, CA 2,884,5282.9m $377.8m $377.8m 1.51% Added +92.8k +92,793
5 ROYAL BANK OF CANADA 0.10% of their portfolio TORONTO, A6 2,661,2052.7m $348.5m $348.5m 0.10% Added +9.3k +9,308
6 JONES FINANCIAL COMPANIES LLLP 0.47% of their portfolio DES PERES, MO 2,200,4282.2m $288.2m $288.2m 0.47% Reduced -15.8k -15,803
7 PNC Financial Services Group, Inc. 0.23% of their portfolio Pittsburgh, PA 2,077,0042.1m $272.0m $272.0m 0.23% Reduced -27.8k -27,829
8 WELLS FARGO & COMPANY/MN 0.08% of their portfolio SAN FRANCISCO, CA 2,006,3382.0m $262.8m $262.8m 0.08% Reduced -310.7k -310,670
9 TIAA TRUST, NATIONAL ASSOCIATION 0.95% of their portfolio CHARLOTTE, NC 2,002,0102.0m $262.2m $262.2m 0.95% First filing
10 ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio Berwyn, PA 1,783,0371.8m $233.5m $233.5m 0.11% Added +9.5k +9,512
11 UBS Group AG 0.10% of their portfolio ZURICH, V8 1,611,9091.6m $211.1m $211.1m 0.10% Reduced -242.2k -242,220
12 LPL Financial LLC 0.09% of their portfolio FORT MILL, SC 1,022,0271.0m $133.8m $133.8m 0.09% Added +27.6k +27,602
13 AMERIPRISE FINANCIAL INC 0.04% of their portfolio MINNEAPOLIS, MN 1,008,2161.0m $132.2m $132.2m 0.04% Reduced -49.0k -48,971
14 FMR LLC 0.01% of their portfolio BOSTON, MA 956,801956.8k $125.3m $125.3m 0.01% Reduced -36.8k -36,832
15 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.16% of their portfolio MILWAUKEE, WI 952,705952.7k $124.8m $124.8m 0.16% Added +677 +677
16 STEPHENS GROUP ASSET MANAGEMENT, LLC 13.13% of their portfolio LITTLE ROCK, AR 930,893930.9k $121.9m $121.9m 13.13% Reduced -84.3k -84,335
17 OSAIC HOLDINGS, INC. 0.17% of their portfolio SCOTTSDALE, AZ 863,835863.8k $113.2m $113.2m 0.17% Reduced -295.6k -295,553
18 Waverly Advisors, LLC 4.63% of their portfolio BIRMINGHAM, AL 810,736810.7k $106.2m $106.2m 4.63% Reduced -36.1k -36,096
19 Wellspring Financial Advisors, LLC 0.81% of their portfolio CLEVELAND, OH 798,331798.3k $2.8m $2.8m 0.81% Added +12 +12
20 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.03% of their portfolio SAN FRANCISCO, CA 702,041702.0k $91.9m $91.9m 0.03% New
21 Rockefeller Capital Management L.P. 0.32% of their portfolio NEW YORK, NY 628,162628.2k $82.3m $82.3m 0.32% Added +54.3k +54,326
22 Pacific Life Fund Advisors LLC 8.48% of their portfolio NEWPORT BEACH, CA 611,954612.0k $80.1m $80.1m 8.48% Reduced -128.7k -128,716
23 EP Wealth Advisors, LLC 1.13% of their portfolio TORRANCE, CA 557,365557.4k $73.0m $73.0m 1.13% Added +548.2k +548,206
24 STIFEL FINANCIAL CORP 0.10% of their portfolio ST. LOUIS, MO 552,650552.6k $72.4m $72.4m 0.10% Added +18.6k +18,602
25 TRUIST FINANCIAL CORP 0.11% of their portfolio CHARLOTTE, NC 482,598482.6k $63.2m $63.2m 0.11% Added +2.4k +2,352
26 MONETA GROUP INVESTMENT ADVISORS LLC 1.42% of their portfolio ST LOUIS, MO 476,893476.9k $62.5m $62.5m 1.42% Added +41.4k +41,370
27 COMMONWEALTH EQUITY SERVICES, LLC 0.13% of their portfolio WALTHAM, MA 466,179466.2k $61.1m $61.1m 0.13% Added +5.4k +5,417
28 SYM FINANCIAL Corp 10.73% of their portfolio WINONA LAKE, IN 461,706461.7k $60.5m $60.5m 10.73% Added +9.5k +9,503
29 Equitable Holdings, Inc. 0.82% of their portfolio NEW YORK, NY 438,472438.5k $57.4m $57.4m 0.82% Added +52.8k +52,771
30 Money Design Co.,Ltd. 3.37% of their portfolio TOKYO, M0 423,098423.1k $55.4m $55.4m 3.37% Added +44.1k +44,054
31 Avior Wealth Management, LLC 3.68% of their portfolio OMAHA, NE 415,829415.8k $54.4m $54.4m 3.68% Added +16.7k +16,714
32 Raymond James Financial Services Advisors, Inc. 0.10% of their portfolio ST. PETERSBURG, FL 402,252402.3k $52.7m $52.7m 0.10% Added +13.4k +13,422
33 Mariner, LLC 0.14% of their portfolio Overland Park, KS 391,736391.7k $51.3m $51.3m 0.14% Added +6.6k +6,567
34 US BANCORP \DE\ 0.08% of their portfolio MINNEAPOLIS, MN 388,381388.4k $50.9m $50.9m 0.08% Added +2.3k +2,332
35 Orgel Wealth Management, LLC 1.54% of their portfolio ALTOONA, WI 346,828346.8k $45.4m $45.4m 1.54% Added +9.3k +9,331
36 LINCOLN NATIONAL CORP 0.84% of their portfolio RADNOR, PA 318,216318.2k $41.7m $41.7m 0.84% Added +5.9k +5,905
37 COLONY GROUP LLC 0.62% of their portfolio Boston, MA 315,976316.0k $41.4m $41.4m 0.62% Reduced -5.5k -5,542
38 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 313,369313.4k $41.0m $41.0m 0.05% Added +1.1k +1,052
39 Rodgers & Associates, LTD 6.08% of their portfolio Lancaster, PA 307,044307.0k $40.2m $40.2m 6.08% Added +16.3k +16,344
40 MML INVESTORS SERVICES, LLC 0.20% of their portfolio SPRINGFIELD, MA 275,391275.4k $36.1m $36.1m 0.20% Reduced -10.6k -10,576
41 BANK OF MONTREAL /CAN/ 0.01% of their portfolio TORONTO, A6 274,624274.6k $37.6m $37.6m 0.01% Reduced -24.8k -24,771
42 NATIXIS ADVISORS, LLC 0.11% of their portfolio Boston, MA 267,122267.1k $35.0m $35.0m 0.11% Added +30.1k +30,123
43 Trust Co 5.54% of their portfolio MANHATTAN, KS 262,339262.3k $34.4m $34.4m 5.54% Reduced -7.3k -7,316
44 1832 Asset Management L.P. 0.07% of their portfolio TORONTO, A6 260,994261.0k $34.2m $34.2m 0.07% Reduced -2.2k -2,224
45 Private Advisor Group, LLC 0.29% of their portfolio MORRISTOWN, NJ 249,245249.2k $32.6m $32.6m 0.29% Added +362 +362
46 Marotta Asset Management 7.51% of their portfolio CHARLOTTESVILLE, VA 247,843247.8k $32.5m $32.5m 7.51% Reduced -9.5k -9,540
47 INSPIRION WEALTH ADVISORS, LLC 6.31% of their portfolio LIBERTYVILLE, IL 247,203247.2k $32.4m $32.4m 6.31% Added +5.9k +5,898
48 McAdam, LLC 2.36% of their portfolio Philadelphia, PA 220,013220.0k $28.8m $28.8m 2.36% Added +28.1k +28,121
49 Krilogy Financial LLC 2.63% of their portfolio ST. LOUIS, MO 219,225219.2k $28.7m $28.7m 2.63% Reduced -504 -504
50 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 210,900210.9k $27.6m $27.6m 0.00% Added +7.7k +7,670
51 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.09% of their portfolio PLYMOUTH, MN 208,952209.0k $27.4m $27.4m 0.09% New
52 CONDOR CAPITAL MANAGEMENT 3.34% of their portfolio MARTINSVILLE, NJ 207,970208.0k $27.2m $27.2m 3.34% Reduced -18.9k -18,856
53 Falcon Wealth Planning 5.74% of their portfolio Ontario, CA 201,951202.0k $26.4m $26.4m 5.74% Added +13.5k +13,490
54 J.P. Morgan Private Wealth Advisors LLC 0.07% of their portfolio SAN FRANCISCO, CA 199,985200.0k $26.2m $26.2m 0.07% Reduced -22.1k -22,064
55 Composition Wealth, LLC 0.79% of their portfolio LOS ANGELES, CA 196,794196.8k $25.8m $25.8m 0.79% Reduced -160.1k -160,099
56 Summit Financial, LLC 1.90% of their portfolio PARSIPPANY, NJ 196,445196.4k $25.7m $25.7m 1.90% Reduced -18.7k -18,732
57 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 178,494178.5k $23.4m $23.4m 0.02% Reduced -3.1k -3,082
58 KWMG, LLC 2.94% of their portfolio OVERLAND PARK, KS 178,249178.2k $23.3m $23.3m 2.94% Added +6.7k +6,678
59 Symmetry Partners, LLC 1.22% of their portfolio GLASTONBURY, CT 172,053172.1k $22.5m $22.5m 1.22% New
60 CAPTRUST FINANCIAL ADVISORS 0.08% of their portfolio RALEIGH, NC 168,365168.4k $22.0m $22.0m 0.08% Added +119.4k +119,369
61 Roberts Financial Services LLC 5.08% of their portfolio MARQUETTE, MI 161,130161.1k $21.1m $21.1m 5.08% Added +1.8k +1,786
62 Cambridge Investment Research Advisors, Inc. 0.10% of their portfolio FAIRFIELD, IA 160,249160.2k $21.0m $21.0m 0.10% Reduced -9.4k -9,433
63 Bragg Financial Advisors, Inc 1.11% of their portfolio CHARLOTTE, NC 160,200160.2k $21.0m $21.0m 1.11% Added +3.4k +3,381
64 BHK Investment Advisors, LLC 9.41% of their portfolio BIRMINGHAM, AL 156,323156.3k $20.5m $20.5m 9.41% Added +1.5k +1,474
65 Praetorian Wealth Management, Inc. 6.41% of their portfolio CARMEL, CA 153,896153.9k $20.2m $20.2m 6.41% Reduced -10.2k -10,214
66 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 150,838150.8k $19.8m $19.8m 0.05% Reduced -640 -640
67 STEPHENS INC /AR/ 0.36% of their portfolio LITTLE ROCK, AR 144,813144.8k $19.0m $19.0m 0.36% Reduced -5.4k -5,447
68 Integrated Wealth Concepts LLC 0.33% of their portfolio WALTHAM, MA 142,849142.8k $18.7m $18.7m 0.33% Reduced -15.7k -15,692
69 Total Wealth Planning, LLC 3.81% of their portfolio CINCINNATI, OH 142,367142.4k $18.6m $18.6m 3.81% Added +5.3k +5,259
70 Bogart Wealth, LLC 1.15% of their portfolio MCLEAN, VA 141,925141.9k $18.6m $18.6m 1.15% Added +2.5k +2,508
71 Cetera Advisor Networks LLC 0.12% of their portfolio EL SEGUNDO, CA 141,215141.2k $18.5m $18.5m 0.12% Added +22.1k +22,135
72 WoodTrust Financial Corp 3.53% of their portfolio WISCONSIN RAPIDS, WI 140,850140.8k $18.4m $18.4m 3.53% Reduced -11.6k -11,602
73 Capital Advantage, Inc. 3.90% of their portfolio Walnut Creek, CA 138,944138.9k $18.2m $18.2m 3.90% Reduced -886 -886
74 BLAIR WILLIAM & CO/IL 0.07% of their portfolio CHICAGO, IL 137,546137.5k $18.0m $18.0m 0.07% Added +3.1k +3,054
75 NewEdge Advisors, LLC 0.19% of their portfolio NEW ORLEANS, LA 135,414135.4k $17.7m $17.7m 0.19% Added +8.4k +8,444
76 Beacon Pointe Advisors, LLC 0.22% of their portfolio NEWPORT BEACH, CA 132,593132.6k $17.4m $17.4m 0.22% Added +70.5k +70,529
77 BENJAMIN F. EDWARDS & COMPANY, INC. 0.67% of their portfolio ST. LOUIS, MO 132,278132.3k $17.3m $17.3m 0.67% Added +569 +569
78 Shakespeare Wealth Management, LLC 5.95% of their portfolio Pewaukee, WI 129,631129.6k $17.0m $17.0m 5.95% Added +1.3k +1,320
79 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 127,218127.2k $16.7m $16.7m 0.03% Added +14.8k +14,771
80 AIRE ADVISORS, LLC 4.36% of their portfolio BEVERLY HILLS, CA 124,382124.4k $16.3m $16.3m 4.36% Added +2.0k +1,989
81 MERCER GLOBAL ADVISORS INC /ADV 0.06% of their portfolio DENVER, CO 122,808122.8k $16.1m $16.1m 0.06% Added +29.0k +29,005
82 Bluespring Wealth Management, LLC 2.11% of their portfolio AUSTIN, TX 121,806121.8k $16.0m $16.0m 2.11% Added +33.0k +33,005
83 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 116,335116.3k $15.2m $15.2m 0.02% Reduced -14.4k -14,434
84 Kestra Advisory Services, LLC 0.15% of their portfolio AUSTIN, TX 115,954116.0k $15.2m $15.2m 0.15% Added +1.9k +1,850
85 Ellevest, Inc. 1.17% of their portfolio NEW YORK, NY 115,748115.7k $15.2m $15.2m 1.17% Added +2.5k +2,510
86 Thrivent Financial for Lutherans 0.04% of their portfolio Minneapolis, MN 115,740115.7k $15.2m $15.2m 0.04% Added +5.7k +5,707
87 Avion Wealth 4.32% of their portfolio THE WOODLANDS, TX 115,443115.4k $15.1m $15.1m 4.32% Added +2.1k +2,111
88 SAGE FINANCIAL GROUP INC 1.59% of their portfolio W. CONSHOHOCKEN, PA 109,246109.2k $14.3m $14.3m 1.59% Added +784 +784
89 Ledyard National Bank 1.61% of their portfolio HANOVER, NH 108,208108.2k $14.2m $14.2m 1.61% Reduced -44 -44
90 Engrave Wealth Partners LLC 4.29% of their portfolio SPRING, TX 106,585106.6k $14.0m $14.0m 4.29% Added +501 +501
91 PEAPACK GLADSTONE FINANCIAL CORP 0.25% of their portfolio BEDMINSTER, NJ 105,047105.0k $13.8m $13.8m 0.25% Reduced -2.2k -2,192
92 Evensky & Katz LLC 1.13% of their portfolio CORAL GABLES, FL 101,359101.4k $13.3m $13.3m 1.13% Reduced -2.9k -2,937
93 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 100,897100.9k $13.2m $13.2m 0.05% Added +5.4k +5,377
94 Asset Management Group, Inc. 2.79% of their portfolio STAMFORD, CT 96,81796.8k $12.7m $12.7m 2.79% Added +2.8k +2,846
95 PRESILIUM PRIVATE WEALTH, LLC 4.03% of their portfolio RADNOR, PA 96,72696.7k $12.7m $12.7m 4.03% Reduced -9.9k -9,914
96 World Investment Advisors 2.51% of their portfolio LINCROFT, NJ 96,70396.7k $12.7m $12.7m 2.51% Added +89.9k +89,865
97 FIFTH THIRD BANCORP 0.06% of their portfolio CINCINNATI, OH 95,95696.0k $12.6m $12.6m 0.06% Reduced -7.9k -7,926
98 Sepio Capital, LP 1.03% of their portfolio Salt Lake City, UT 90,62990.6k $11.9m $11.9m 1.03% Added +317 +317
99 AE Wealth Management LLC 0.07% of their portfolio TOPEKA, KS 89,87989.9k $11.8m $11.8m 0.07% Added +6.3k +6,304
100 Ratio Wealth Group 2.94% of their portfolio DENVER, CO 89,53689.5k $11.7m $11.7m 2.94% Added +693 +693