Vault-13

VANGUARD INDEX FDS VOT

MCAP GR IDXVIP · ETP · CUSIP 922908538

844 institutional holders +84 vs Q3 2023
32,707,36132.7m shares reported held*
$7.2bnreported value*
79 new 287 added 256 reduced 39 sold out net bought ≈ $482.2m (+2.1m 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 ($6.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $219.57. Options: 3 managers hold calls ($6.1m notional), 2 hold puts ($1.1m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 681Q4 22: 731Q1 23: 750Q2 23: 749Q3 23: 760Q4 23: 844844Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 2022681
Q4 2022731
Q1 2023750
Q2 2023749
Q3 2023760
Q4 2023844

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q4 22: 295 bought or addedQ4 22: 284 cut or sold outQ4 22Q1 23: 301 bought or addedQ1 23: 313 cut or sold outQ1 23Q2 23: 319 bought or addedQ2 23: 291 cut or sold outQ2 23Q3 23: 337 bought or addedQ3 23: 287 cut or sold outQ3 23Q4 23: 366 bought or addedQ4 23: 295 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022295284
Q1 2023301313
Q2 2023319291
Q3 2023337287
Q4 2023366295

Calls vs puts

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

CallsPuts
$0$2m$4m$6m$8mQ1 23 calls: $3.4mQ1 23 puts: $6.3mQ1 23P/C 1.83Q2 23 calls: $6.4mQ2 23 puts: $1.3mQ2 23P/C 0.20Q3 23 calls: $7.3mQ3 23 puts: $1.1mQ3 23P/C 0.15Q4 23 calls: $6.1mQ4 23 puts: $1.1mQ4 23P/C 0.18
Numbers
QuarterCallsPutsP/C
Q1 2023$3.4m$6.3m1.83
Q2 2023$6.4m$1.3m0.20
Q3 2023$7.3m$1.1m0.15
Q4 2023$6.1m$1.1m0.18

Biggest buyers

MORGAN STANLEY Added +2,222,826+2.2m
JPMORGAN CHASE & CO Added +266,079+266.1k
ASSETMARK, INC Added +98,144+98.1k
World Investment Advisors Added +92,596+92.6k
BANK OF AMERICA CORP /DE/ Added +70,881+70.9k
EP Wealth Advisors, LLC Added +62,398+62.4k
Kestra Advisory Services, LLC Added +48,812+48.8k
Orgel Wealth Management, LLC Added +45,736+45.7k
Ratio Wealth Group New +44,224+44.2k
MONETA GROUP INVESTMENT ADVISORS LLC Added +35,841+35.8k

Biggest sellers

WELLINGTON MANAGEMENT GROUP LLP Sold out -279,815-279.8k
PNC Financial Services Group, Inc. Reduced -229,266-229.3k
ENVESTNET ASSET MANAGEMENT INC Reduced -223,848-223.8k
Strategic Investment Solutions, Inc. /IL Reduced -97,327-97.3k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Sold out -70,538-70.5k
RMR Wealth Builders Sold out -68,424-68.4k
NATIXIS ADVISORS, LLC Reduced -66,624-66.6k
LPL Financial LLC Reduced -41,494-41.5k
WELLS FARGO & COMPANY/MN Reduced -33,767-33.8k
Visionary Wealth Advisors Reduced -33,431-33.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.2m23.9k shares
CITADEL ADVISORS LLC Reduced $856.3k3.9k shares
Cutler Group LLC / CA Reduced $7.0k600 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $658.7k3.0k shares
CITADEL ADVISORS LLC Reduced $461.1k2.1k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 4,469,9584.5m $981.5m $981.5m 0.04% Added +2.2m +2,222,826
2 ASSETMARK, INC 1.56% of their portfolio CONCORD, CA 1,970,5182.0m $432.7m $432.7m 1.56% Added +98.1k +98,144
3 BANK OF AMERICA CORP /DE/ 0.05% of their portfolio CHARLOTTE, NC 1,850,4921.9m $406.3m $406.3m 0.05% Added +70.9k +70,881
4 WELLS FARGO & COMPANY/MN 0.08% of their portfolio SAN FRANCISCO, CA 1,265,5471.3m $277.9m $277.9m 0.08% Reduced -33.8k -33,767
5 PNC Financial Services Group, Inc. 0.21% of their portfolio Pittsburgh, PA 1,231,6351.2m $270.4m $270.4m 0.21% Reduced -229.3k -229,266
6 UBS Group AG 0.11% of their portfolio ZURICH, V8 1,190,0191.2m $261.3m $261.3m 0.11% Reduced -3.0k -2,958
7 Truepoint, Inc. 6.60% of their portfolio CINCINNATI, OH 1,025,8451.0m $225.2m $225.2m 6.60% Reduced -968 -968
8 TIAA TRUST, NATIONAL ASSOCIATION 0.65% of their portfolio CHARLOTTE, NC 887,480887.5k $194.9m $194.9m 0.65% Reduced -16.1k -16,111
9 ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio Berwyn, PA 871,030871.0k $191.3m $191.3m 0.08% Reduced -223.8k -223,848
10 JONES FINANCIAL COMPANIES LLLP 0.22% of their portfolio DES PERES, MO 655,572655.6k $143.9m $143.9m 0.22% Added +28 +28
11 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 591,671591.7k $129.9m $129.9m 0.08% Reduced -41.5k -41,494
12 OSAIC HOLDINGS, INC. 0.21% of their portfolio SCOTTSDALE, AZ 539,464539.5k $118.5m $118.5m 0.21% Reduced -23.2k -23,152
13 STIFEL FINANCIAL CORP 0.14% of their portfolio ST. LOUIS, MO 494,247494.2k $108.5m $108.5m 0.14% Reduced -830 -830
14 Rockefeller Capital Management L.P. 0.36% of their portfolio NEW YORK, NY 493,595493.6k $108.4m $108.4m 0.36% Reduced -3.4k -3,397
15 EP Wealth Advisors, LLC 1.31% of their portfolio TORRANCE, CA 467,790467.8k $102.7m $102.7m 1.31% Added +62.4k +62,398
16 STEPHENS GROUP ASSET MANAGEMENT, LLC 9.49% of their portfolio LITTLE ROCK, AR 443,087443.1k $97.3m $97.3m 9.49% Added +11.9k +11,875
17 COMMONWEALTH EQUITY SERVICES, LLC 0.16% of their portfolio WALTHAM, MA 409,043409.0k $89.8m $89.8m 0.16% Added +10.6k +10,570
18 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.10% of their portfolio MILWAUKEE, WI 397,934397.9k $87.4m $87.4m 0.10% Added +30.8k +30,784
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 393,856393.9k $86.5m $86.5m 0.00% Added +266.1k +266,079
20 Orgel Wealth Management, LLC 2.29% of their portfolio ALTOONA, WI 352,974353.0k $77.5m $77.5m 2.29% Added +45.7k +45,736
21 Pacific Life Fund Advisors LLC 7.36% of their portfolio NEWPORT BEACH, CA 335,064335.1k $73.6m $73.6m 7.36% Reduced -1.8k -1,772
22 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 332,923332.9k $73.1m $73.1m 0.02% Added +10.4k +10,431
23 Waverly Advisors, LLC 2.67% of their portfolio BIRMINGHAM, AL 324,766324.8k $71.3m $71.3m 2.67% Reduced -9.6k -9,591
24 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 320,902320.9k $70.5m $70.5m 0.02% Added +31.9k +31,887
25 MONETA GROUP INVESTMENT ADVISORS LLC 1.35% of their portfolio ST LOUIS, MO 311,113311.1k $68.3m $68.3m 1.35% Added +35.8k +35,841
26 TRUIST FINANCIAL CORP 0.09% of their portfolio CHARLOTTE, NC 254,556254.6k $55.9m $55.9m 0.09% Added +85 +85
27 FMR LLC 0.00% of their portfolio BOSTON, MA 253,667253.7k $55.7m $55.7m 0.00% Reduced -23.7k -23,739
28 Avior Wealth Management, LLC 3.25% of their portfolio OMAHA, NE 244,579244.6k $53.7m $53.7m 3.25% Added +6.6k +6,620
29 Trust Co 6.27% of their portfolio MANHATTAN, KS 221,756221.8k $48.7m $48.7m 6.27% Reduced -4.7k -4,679
30 LINCOLN NATIONAL CORP 0.75% of their portfolio RADNOR, PA 194,158194.2k $42.6m $42.6m 0.75% Added +4.2k +4,230
31 Private Advisor Group, LLC 0.30% of their portfolio MORRISTOWN, NJ 177,969178.0k $39.1m $39.1m 0.30% Added +2.8k +2,798
32 1832 Asset Management L.P. 0.07% of their portfolio TORONTO, A6 175,968176.0k $38.6m $38.6m 0.07% Added +21 +21
33 Money Design Co.,Ltd. 1.92% of their portfolio TOKYO, M0 154,709154.7k $34.0m $34.0m 1.92% Added +5.5k +5,548
34 McAdam, LLC 2.43% of their portfolio Philadelphia, PA 153,253153.3k $33.6m $33.6m 2.43% Added +10.1k +10,059
35 Raymond James Financial Services Advisors, Inc. 0.05% of their portfolio ST. PETERSBURG, FL 151,098151.1k $33.2m $33.2m 0.05% Added +2.7k +2,661
36 MML INVESTORS SERVICES, LLC 0.14% of their portfolio SPRINGFIELD, MA 142,270142.3k $31.2m $31.2m 0.14% Added +3.2k +3,167
37 Equitable Holdings, Inc. 0.37% of their portfolio NEW YORK, NY 137,319137.3k $30.2m $30.2m 0.37% Reduced -5.4k -5,394
38 KWMG, LLC 3.42% of their portfolio OVERLAND PARK, KS 132,974133.0k $29.2m $29.2m 3.42% Reduced -46 -46
39 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.08% of their portfolio PLYMOUTH, MN 128,636128.6k $28.2m $28.2m 0.08% Added +12.1k +12,110
40 Mariner, LLC 0.07% of their portfolio Overland Park, KS 126,954127.0k $27.9m $27.9m 0.07% Added +26.9k +26,928
41 Kestra Advisory Services, LLC 0.22% of their portfolio AUSTIN, TX 121,450121.5k $26.7m $26.7m 0.22% Added +48.8k +48,812
42 NewEdge Advisors, LLC 0.25% of their portfolio NEW ORLEANS, LA 119,556119.6k $26.2m $26.2m 0.25% Reduced -1.1k -1,056
43 Cassaday & Co Wealth Management LLC 0.86% of their portfolio MCLEAN, VA 113,599113.6k $24.9m $24.9m 0.86% Reduced -668 -668
44 Cetera Investment Advisers 0.20% of their portfolio SCHAUMBURG, IL 109,607109.6k $24.1m $24.1m 0.20% Reduced -3.1k -3,105
45 Roberts Financial Services LLC 5.09% of their portfolio MARQUETTE, MI 107,431107.4k $23.6m $23.6m 5.09% Added +3.6k +3,634
46 Bragg Financial Advisors, Inc 1.05% of their portfolio CHARLOTTE, NC 100,314100.3k $22.0m $22.0m 1.05% Added +1.2k +1,171
47 World Investment Advisors 2.83% of their portfolio LINCROFT, NJ 99,29099.3k $21.8m $21.8m 2.83% Added +92.6k +92,596
48 WoodTrust Financial Corp 3.67% of their portfolio WISCONSIN RAPIDS, WI 97,96698.0k $21.5m $21.5m 3.67% Reduced -488 -488
49 Praetorian Wealth Management, Inc. 6.17% of their portfolio CARMEL, CA 97,16697.2k $21.3m $21.3m 6.17% Reduced -11.7k -11,735
50 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 95,26895.3k $20.9m $20.9m 0.02% Added +8.3k +8,322
51 Creative Planning 0.04% of their portfolio OVERLAND PARK, KS 94,90694.9k $20.8m $20.8m 0.04% Reduced -10.6k -10,566
52 Rodgers & Associates, LTD 2.80% of their portfolio Lancaster, PA 93,94393.9k $20.6m $20.6m 2.80% Added +3.9k +3,895
53 Beacon Pointe Advisors, LLC 0.24% of their portfolio NEWPORT BEACH, CA 90,37690.4k $19.8m $19.8m 0.24% Added +9.3k +9,306
54 AIRE ADVISORS, LLC 4.85% of their portfolio BEVERLY HILLS, CA 88,94288.9k $19.6m $19.6m 4.85% Added +596 +596
55 NATIXIS ADVISORS, LLC 0.05% of their portfolio Boston, MA 88,47088.5k $19.4m $19.4m 0.05% Reduced -66.6k -66,624
56 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 85,44385.4k $18.8m $18.8m 0.03% Added +21.0k +20,957
57 CONDOR CAPITAL MANAGEMENT 1.96% of their portfolio MARTINSVILLE, NJ 83,41583.4k $18.3m $18.3m 1.96% Reduced -3.9k -3,889
58 BHK Investment Advisors, LLC 10.10% of their portfolio BIRMINGHAM, AL 80,15680.2k $17.6m $17.6m 10.10% Reduced -25.9k -25,855
59 MERCER GLOBAL ADVISORS INC /ADV 0.05% of their portfolio DENVER, CO 78,02778.0k $17.1m $17.1m 0.05% Reduced -741 -741
60 BENJAMIN F. EDWARDS & COMPANY, INC. 0.34% of their portfolio ST. LOUIS, MO 76,77976.8k $16.9m $16.9m 0.34% Added +1.1k +1,071
61 US BANCORP \DE\ 0.02% of their portfolio MINNEAPOLIS, MN 74,69574.7k $16.4m $16.4m 0.02% Added +10.1k +10,051
62 CAPTRUST FINANCIAL ADVISORS 0.05% of their portfolio RALEIGH, NC 71,50371.5k $15.7m $15.7m 0.05% Added +1.4k +1,404
63 PRUDENTIAL FINANCIAL INC 0.02% of their portfolio NEWARK, NJ 70,98971.0k $15.6m $15.6m 0.02% Added +7.0k +7,002
64 Redwood Investment Management, LLC 1.41% of their portfolio SCOTTSDALE, AZ 70,03870.0k $15.4m $15.4m 1.41% Added +1.1k +1,064
65 Clayton Financial Group LLC 9.50% of their portfolio ST. LOUIS, MO 69,54169.5k $15.3m $15.3m 9.50% First filing
66 Bryn Mawr Trust Advisors, LLC 0.94% of their portfolio PHILADELPHIA, PA 68,39568.4k $15.0m $15.0m 0.94% Added +1.9k +1,932
67 FIFTH THIRD BANCORP 0.06% of their portfolio CINCINNATI, OH 67,72267.7k $14.9m $14.9m 0.06% Reduced -2.3k -2,339
68 SWAN Capital LLC 9.28% of their portfolio PENSACOLA, FL 67,14267.1k $14.7m $14.7m 9.28% Added +5.7k +5,740
69 Integrated Wealth Concepts LLC 0.24% of their portfolio WALTHAM, MA 65,68865.7k $14.4m $14.4m 0.24% Added +2.2k +2,209
70 Wealthspire Advisors, LLC 0.20% of their portfolio NEW YORK, NY 65,47165.5k $14.4m $14.4m 0.20% Reduced -311 -311
71 Davis Investment Partners, LLC 6.69% of their portfolio CHARLOTTE, NC 65,09065.1k $13.8m $13.8m 6.69% Reduced -2.5k -2,530
72 PRESILIUM PRIVATE WEALTH, LLC 4.01% of their portfolio RADNOR, PA 64,07564.1k $14.1m $14.1m 4.01% Reduced -1.3k -1,255
73 Total Wealth Planning, LLC 2.41% of their portfolio CINCINNATI, OH 60,47160.5k $13.3m $13.3m 2.41% Added +1.9k +1,934
74 SYNOVUS FINANCIAL CORP 0.19% of their portfolio Columbus, GA 60,14460.1k $13.2m $13.2m 0.19% Added +2.7k +2,657
75 Systelligence, LLC 3.60% of their portfolio BLOOMINGTON, MN 60,03860.0k $13.2m $13.2m 3.60% Reduced -5.5k -5,535
76 First Horizon Advisors, Inc. 0.41% of their portfolio MEMPHIS, TN 56,20556.2k $12.3m $12.3m 0.41% Reduced -3.7k -3,667
77 Edmonds Duncan Registered Investment Advisors, LLC 3.11% of their portfolio LAWRENCE, KS 54,49254.5k $12.0m $12.0m 3.11% Reduced -386 -386
78 ARVEST INVESTMENTS, INC. 1.94% of their portfolio LOWELL, AR 54,40054.4k $11.9m $11.9m 1.94% First filing
79 Marion Wealth Management 3.79% of their portfolio MONROEVILLE, PA 53,94553.9k $11.8m $11.8m 3.79% Added +2.4k +2,370
80 Cetera Advisor Networks LLC 0.06% of their portfolio EL SEGUNDO, CA 52,83852.8k $11.6m $11.6m 0.06% Added +3.2k +3,156
81 LMCG INVESTMENTS, LLC 0.71% of their portfolio BOSTON, MA 52,37152.4k $11.5m $11.5m 0.71% Reduced -233 -233
82 Glenview Trust Co 0.28% of their portfolio Louisville, KY 51,30351.3k $11.3m $11.3m 0.28% Reduced -177 -177
83 Allworth Financial LP 0.08% of their portfolio FOLSOM, CA 50,13250.1k $11.0m $11.0m 0.08% Reduced -2.9k -2,879
84 Cambridge Investment Research Advisors, Inc. 0.05% of their portfolio FAIRFIELD, IA 49,42749.4k $10.9m $10.9m 0.05% Added +5.4k +5,369
85 NewEdge Wealth, LLC 0.27% of their portfolio STAMFORD, CT 48,10548.1k $10.6m $10.6m 0.27% Added +56 +56
86 Operose Advisors LLC 4.19% of their portfolio MILWAUKEE, WI 47,63047.6k $10.5m $10.5m 4.19% Reduced -5.4k -5,387
87 Betterment LLC 0.03% of their portfolio NEW YORK, NY 47,24347.2k $10.4m $10.4m 0.03% Added +731 +731
88 HIGHLAND CAPITAL MANAGEMENT, LLC 0.63% of their portfolio MEMPHIS, TN 46,48846.5k $10.2m $10.2m 0.63% Added +1.4k +1,359
89 COMERICA BANK 0.05% of their portfolio DALLAS, TX 46,29746.3k $10.2m $10.2m 0.05% Added +578 +578
90 GHP Investment Advisors, Inc. 0.54% of their portfolio Denver, CO 45,72845.7k $10.0m $10.0m 0.54% Added +764 +764
91 COMMERCE BANK 0.07% of their portfolio KANSAS CITY, MO 45,03845.0k $9.9m $9.9m 0.07% Added +410 +410
92 Black Diamond Financial, LLC 2.66% of their portfolio TOWSON, MD 44,81844.8k $9.8m $9.8m 2.66% Added +1.0k +1,017
93 Ratio Wealth Group 2.10% of their portfolio DENVER, CO 44,22444.2k $9.7m $9.7m 2.10% New
94 Opes Wealth Management LLC 2.23% of their portfolio MENLO PARK, CA 42,32742.3k $9.3m $9.3m 2.23% Added +314 +314
95 Axiom Advisory, LLC 7.39% of their portfolio SAN DIEGO, CA 41,83941.8k $9.2m $9.2m 7.39% Added +1.0k +1,045
96 Connecticut Wealth Management, LLC 0.53% of their portfolio FARMINGTON, CT 41,72241.7k $9.2m $9.2m 0.53% Reduced -871 -871
97 D.A. DAVIDSON & CO. 0.09% of their portfolio GREAT FALLS, MT 40,16040.2k $8.8m $8.8m 0.09% Added +1.2k +1,170
98 Brookstone Capital Management 0.16% of their portfolio WHEATON, IL 38,29838.3k $8.4m $8.4m 0.16% Reduced -7.3k -7,336
99 MassMutual Private Wealth & Trust, FSB 0.28% of their portfolio Windsor, CT 38,24238.2k $8.4m $8.4m 0.28% Reduced -907 -907
100 Hapanowicz & Associates Financial Services, Inc 5.08% of their portfolio PITTSBURGH, PA 37,54037.5k $8.2m $8.2m 5.08% Added +730 +730