Vault-13

VANGUARD INDEX FDS VOT

MCAP GR IDXVIP · ETP · CUSIP 922908538

1,061 institutional holders -17 vs Q4 2025
38,563,06138.6m shares reported held*
$9.9bnreported value*
65 new 393 added 344 reduced 83 sold out net sold ≈ $51.4m (-291.6k 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 ($18.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $256.09. Options: 4 managers hold calls ($14.4m notional), 3 hold puts ($10.1m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 681Q4 22: 731Q1 23: 750Q2 23: 749Q3 23: 760Q4 23: 844Q1 24: 868Q2 24: 866Q3 24: 907Q4 24: 981Q1 25: 983Q2 25: 1,015Q3 25: 1,023Q4 25: 1,078Q1 26: 1,0611,061Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022681
Q4 2022731
Q1 2023750
Q2 2023749
Q3 2023760
Q4 2023844
Q1 2024868
Q2 2024866
Q3 2024907
Q4 2024981
Q1 2025983
Q2 20251,015
Q3 20251,023
Q4 20251,078
Q1 20261,061

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q2 24: 370 bought or addedQ2 24: 334 cut or sold outQ3 24: 416 bought or addedQ3 24: 282 cut or sold outQ3 24Q4 24: 392 bought or addedQ4 24: 328 cut or sold outQ1 25: 433 bought or addedQ1 25: 381 cut or sold outQ1 25Q2 25: 412 bought or addedQ2 25: 386 cut or sold outQ3 25: 432 bought or addedQ3 25: 362 cut or sold outQ3 25Q4 25: 467 bought or addedQ4 25: 381 cut or sold outQ1 26: 458 bought or addedQ1 26: 427 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024370334
Q3 2024416282
Q4 2024392328
Q1 2025433381
Q2 2025412386
Q3 2025432362
Q4 2025467381
Q1 2026458427

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ2 25 calls: $5.1mQ2 25 puts: $2.1mQ2 25P/C 0.42Q3 25 calls: $4.4mQ3 25 puts: $2.1mQ3 25P/C 0.49Q4 25 calls: $13.5mQ4 25 puts: $11.9mQ4 25P/C 0.88Q1 26 calls: $14.4mQ1 26 puts: $10.1mQ1 26P/C 0.70
Numbers
QuarterCallsPutsP/C
Q2 2025$5.1m$2.1m0.42
Q3 2025$4.4m$2.1m0.49
Q4 2025$13.5m$11.9m0.88
Q1 2026$14.4m$10.1m0.70

Biggest buyers

STEPHENS GROUP ASSET MANAGEMENT, LLC Added +205,546+205.5k
JONES FINANCIAL COMPANIES LLLP Added +153,419+153.4k
EP Wealth Advisors, LLC Added +145,782+145.8k
Sharp Wealth Advisory, LLC New +112,085+112.1k
UBS Group AG Added +59,775+59.8k
WELLS FARGO & COMPANY/MN Added +59,269+59.3k
VANTAGEPOINT INVESTMENT ADVISERS LLC Added +58,328+58.3k
BANK OF AMERICA CORP /DE/ Added +54,788+54.8k
MONETA GROUP INVESTMENT ADVISORS LLC Added +44,967+45.0k
Axiom Financial Strategies, LLC Added +39,162+39.2k

Biggest sellers

TIAA TRUST, NATIONAL ASSOCIATION Reduced -596,198-596.2k
ROYAL BANK OF CANADA Reduced -494,813-494.8k
Rockefeller Capital Management L.P. Reduced -96,284-96.3k
Align Financial, LLC Reduced -96,236-96.2k
Corient Private Wealth LP Reduced -87,781-87.8k
ASSETMARK, INC Reduced -76,750-76.8k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -61,016-61.0k
COMMONWEALTH EQUITY SERVICES, LLC Reduced -55,772-55.8k
Ocean Park Asset Management, LLC Sold out -37,660-37.7k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -30,452-30.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.1m23.8k shares
Tidal Investments LLC Reduced $4.6m17.9k shares
CITADEL ADVISORS LLC New $2.7m10.6k shares
JANE STREET GROUP, LLC Added $900.7k3.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.0m19.5k shares
Tidal Investments LLC Reduced $4.6m17.9k shares
JANE STREET GROUP, LLC New $437.5k1.7k 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 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 2,981,9303.0m $767.4m $767.4m 0.05% Added +9.8k +9,766
2 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 2,157,6362.2m $555.3m $555.3m 0.04% Added +54.8k +54,788
3 ASSETMARK, INC 1.12% of their portfolio CONCORD, CA 2,141,6282.1m $551.1m $551.1m 1.12% Reduced -76.8k -76,750
4 WELLS FARGO & COMPANY/MN 0.09% of their portfolio SAN FRANCISCO, CA 1,674,5621.7m $430.9m $430.9m 0.09% Added +59.3k +59,269
5 EP Wealth Advisors, LLC 1.96% of their portfolio TORRANCE, CA 1,551,1261.6m $399.2m $399.2m 1.96% Added +145.8k +145,782
6 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 1,282,9831.3m $330.2m $330.2m 0.06% Reduced -494.8k -494,813
7 UBS Group AG 0.05% of their portfolio ZURICH, V8 1,119,9231.1m $288.2m $288.2m 0.05% Added +59.8k +59,775
8 PNC Financial Services Group, Inc. 0.17% of their portfolio Pittsburgh, PA 1,114,6971.1m $286.9m $286.9m 0.17% Added +10.6k +10,638
9 Truepoint, Inc. 6.35% of their portfolio CINCINNATI, OH 1,105,9671.1m $284.6m $284.6m 6.35% Added +37.4k +37,393
10 VANTAGEPOINT INVESTMENT ADVISERS LLC 2.27% of their portfolio WASHINGTON, DC 1,042,6401.0m $268.3m $268.3m 2.27% Added +58.3k +58,328
11 JONES FINANCIAL COMPANIES LLLP 0.13% of their portfolio DES PERES, MO 1,036,3021.0m $261.6m $261.6m 0.13% Added +153.4k +153,419
12 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 900,988901.0k $231.9m $231.9m 0.06% Added +24.6k +24,587
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.14% of their portfolio MILWAUKEE, WI 871,783871.8k $224.4m $224.4m 0.14% Reduced -30.5k -30,452
14 MONETA GROUP INVESTMENT ADVISORS LLC 1.39% of their portfolio ST LOUIS, MO 717,522717.5k $184.7m $184.7m 1.39% Added +45.0k +44,967
15 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 711,923711.9k $183.2m $183.2m 0.05% Added +36.1k +36,146
16 STEPHENS GROUP ASSET MANAGEMENT, LLC 10.83% of their portfolio LITTLE ROCK, AR 660,319660.3k $169.9m $169.9m 10.83% Added +205.5k +205,546
17 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 544,506544.5k $140.1m $140.1m 0.04% Reduced -10.8k -10,783
18 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.54% of their portfolio CHARLOTTE, NC 541,051541.1k $139.2m $139.2m 0.54% First filing
19 STIFEL FINANCIAL CORP 0.12% of their portfolio ST. LOUIS, MO 513,751513.8k $132.2m $132.2m 0.12% Added +9.6k +9,610
20 Avior Wealth Management, LLC 2.61% of their portfolio OMAHA, NE 357,505357.5k $92.0m $92.0m 2.61% Added +8.3k +8,348
21 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 345,762345.8k $83.1m $83.1m 0.02% Reduced -18.2k -18,167
22 Rockefeller Capital Management L.P. 0.15% of their portfolio NEW YORK, NY 328,146328.1k $84.4m $84.4m 0.15% Reduced -96.3k -96,284
23 TRUIST FINANCIAL CORP 0.10% of their portfolio CHARLOTTE, NC 277,422277.4k $71.4m $71.4m 0.10% Reduced -4.5k -4,501
24 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 276,854276.9k $71.2m $71.2m 0.10% Reduced -55.8k -55,772
25 Busey Bank 1.90% of their portfolio URBANA, IL 272,682272.7k $70.2m $70.2m 1.90% Added +31.9k +31,945
26 FMR LLC 0.00% of their portfolio BOSTON, MA 251,952252.0k $64.8m $64.8m 0.00% Added +1.7k +1,701
27 Waverly Advisors, LLC 0.46% of their portfolio BIRMINGHAM, AL 240,640240.6k $61.9m $61.9m 0.46% Reduced -8.5k -8,473
28 Orgel Wealth Management, LLC 1.21% of their portfolio ALTOONA, WI 219,081219.1k $56.4m $56.4m 1.21% Added +3.8k +3,836
29 McAdam, LLC 2.42% of their portfolio Philadelphia, PA 208,751208.8k $53.7m $53.7m 2.42% Added +5.5k +5,546
30 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 206,140206.1k $53.1m $53.1m 0.06% Reduced -18.4k -18,405
31 US BANCORP \DE\ 0.06% of their portfolio MINNEAPOLIS, MN 201,988202.0k $52.0m $52.0m 0.06% Added +19.1k +19,059
32 Equitable Holdings, Inc. 0.06% of their portfolio NEW YORK, NY 197,788197.8k $8.8m $8.8m 0.06% Added +11.0k +10,987
33 Private Advisor Group, LLC 0.23% of their portfolio MORRISTOWN, NJ 194,570194.6k $50.1m $50.1m 0.23% Added +13.1k +13,108
34 CIBC Bancorp USA Inc. 0.07% of their portfolio CHICAGO, IL 191,261191.3k $49.2m $49.2m 0.07% First filing
35 OSAIC HOLDINGS, INC. 0.07% of their portfolio SCOTTSDALE, AZ 184,290184.3k $47.5m $47.5m 0.07% Added +26.0k +26,010
36 Mariner, LLC 0.05% of their portfolio Overland Park, KS 170,872170.9k $44.0m $44.0m 0.05% Added +536 +536
37 1832 Asset Management L.P. 0.06% of their portfolio TORONTO, A6 167,203167.2k $43.0m $43.0m 0.06% Added +14.3k +14,324
38 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 163,981164.0k $40.9m $40.9m 0.00% Reduced -1.0k -1,032
39 Trust Co 3.85% of their portfolio MANHATTAN, KS 159,559159.6k $41.1m $41.1m 3.85% Added +5.2k +5,170
40 Kestra Advisory Services, LLC 0.15% of their portfolio AUSTIN, TX 155,125155.1k $39.9m $39.9m 0.15% Added +11.9k +11,870
41 MML INVESTORS SERVICES, LLC 0.11% of their portfolio SPRINGFIELD, MA 154,306154.3k $39.7m $39.7m 0.11% Reduced -7.1k -7,091
42 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 150,796150.8k $38.8m $38.8m 0.03% Reduced -10.4k -10,418
43 KWMG, LLC 3.06% of their portfolio OVERLAND PARK, KS 142,518142.5k $36.7m $36.7m 3.06% Added +4.7k +4,705
44 NewEdge Advisors, LLC 0.13% of their portfolio NEW ORLEANS, LA 142,000142.0k $36.5m $36.5m 0.13% Reduced -3.2k -3,233
45 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 141,817141.8k $36.5m $36.5m 0.02% Added +3.3k +3,256
46 Farther Finance Advisors, LLC 0.34% of their portfolio SAN FRANCISCO, CA 137,840137.8k $35.9m $35.9m 0.34% Added +36.4k +36,442
47 BENJAMIN EDWARDS INC 0.33% of their portfolio Clayton, MO 129,031129.0k $33.2m $33.2m 0.33% Added +15.4k +15,375
48 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 127,826127.8k $32.9m $32.9m 0.03% Reduced -5.7k -5,747
49 CWM, LLC 0.08% of their portfolio OMAHA, NE 120,960121.0k $31.1m $31.1m 0.08% Reduced -10.9k -10,938
50 Bragg Financial Advisors, Inc 0.92% of their portfolio CHARLOTTE, NC 113,184113.2k $29.1m $29.1m 0.92% Added +4.4k +4,366
51 Sharp Wealth Advisory, LLC 14.24% of their portfolio HORSHAM, PA 112,085112.1k $28.8m $28.8m 14.24% New
52 CARY STREET PARTNERS FINANCIAL LLC 0.68% of their portfolio RICHMOND, VA 106,626106.6k $27.4m $27.4m 0.68% Added +11.4k +11,407
53 Rodgers & Associates, LTD 2.78% of their portfolio Lancaster, PA 106,271106.3k $27.3m $27.3m 2.78% Added +9.0k +8,986
54 Wilmington Savings Fund Society, FSB 0.64% of their portfolio WILMINGTON, DE 104,525104.5k $26.9m $26.9m 0.64% Reduced -11.2k -11,234
55 PRESILIUM PRIVATE WEALTH, LLC 4.74% of their portfolio RADNOR, PA 104,402104.4k $26.9m $26.9m 4.74% Added +10.9k +10,854
56 Cassaday & Co Wealth Management LLC 0.57% of their portfolio MCLEAN, VA 104,402104.4k $26.9m $26.9m 0.57% Reduced -366 -366
57 WoodTrust Financial Corp 3.27% of their portfolio WISCONSIN RAPIDS, WI 98,56998.6k $25.4m $25.4m 3.27% Reduced -10.5k -10,509
58 BHK Investment Advisors, LLC 8.41% of their portfolio BIRMINGHAM, AL 97,82897.8k $25.2m $25.2m 8.41% Added +1.7k +1,674
59 Dakota Wealth Management 0.54% of their portfolio PALM BEACH GARDENS, FL 97,68697.7k $25.1m $25.1m 0.54% Added +5.1k +5,099
60 Adventist Health System/ West 4.42% of their portfolio Roseville, CA 96,76896.8k $24.9m $24.9m 4.42% Unchanged
61 Bryn Mawr Trust Advisors, LLC 1.18% of their portfolio PHILADELPHIA, PA 94,82394.8k $24.4m $24.4m 1.18% Reduced -8.1k -8,051
62 Associated Banc-Corp 0.63% of their portfolio Green Bay, WI 92,66892.7k $23.8m $23.8m 0.63% Added +12.5k +12,493
63 Betterment LLC 0.04% of their portfolio NEW YORK, NY 90,62990.6k $23.3m $23.3m 0.04% Added +4.2k +4,194
64 Axiom Financial Strategies, LLC 8.10% of their portfolio NEW ALBANY, IN 89,46689.5k $23.0m $23.0m 8.10% Added +39.2k +39,162
65 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio PLYMOUTH, MN 88,83588.8k $23.2m $23.2m 0.05% Reduced -61.0k -61,016
66 Beacon Pointe Advisors, LLC 0.12% of their portfolio NEWPORT BEACH, CA 88,73588.7k $22.8m $22.8m 0.12% Added +16.5k +16,523
67 AIRE ADVISORS, LLC 4.16% of their portfolio BEVERLY HILLS, CA 88,40788.4k $22.8m $22.8m 4.16% Added +1.3k +1,332
68 FIFTH THIRD BANCORP 0.04% of their portfolio CINCINNATI, OH 88,36488.4k $22.7m $22.7m 0.04% Added +37.0k +37,020
69 NATIXIS ADVISORS, LLC 0.03% of their portfolio Boston, MA 85,86885.9k $22.1m $22.1m 0.03% Added +3.1k +3,088
70 Glenview Trust Co 0.34% of their portfolio Louisville, KY 84,91084.9k $21.9m $21.9m 0.34% Reduced -21.6k -21,561
71 Praetorian Wealth Management, Inc. 4.34% of their portfolio CARMEL, CA 84,22384.2k $22.8m $22.8m 4.34% Added +1.1k +1,127
72 Black Diamond Financial, LLC 2.33% of their portfolio TOWSON, MD 82,97283.0k $21.4m $21.4m 2.33% Reduced -457 -457
73 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 80,28580.3k $20.6m $20.6m 0.03% Reduced -87.8k -87,781
74 MAI Capital Management 0.11% of their portfolio INDEPENDENCE, OH 77,09477.1k $19.8m $19.8m 0.11% Added +1.8k +1,750
75 IFP Advisors, Inc 0.41% of their portfolio TAMPA, FL 76,16376.2k $19.6m $19.6m 0.41% Added +10.9k +10,906
76 INSPIRION WEALTH ADVISORS, LLC 2.37% of their portfolio LIBERTYVILLE, IL 73,75473.8k $19.0m $19.0m 2.37% Added +34.5k +34,516
77 &PARTNERS 0.09% of their portfolio NASHVILLE, TN 73,02173.0k $18.8m $18.8m 0.09% Added +8.7k +8,652
78 Janney Montgomery Scott LLC 0.04% of their portfolio PHILADELPHIA, PA 67,40967.4k $17.3m $17.3m 0.04% Added +6.0k +5,998
79 CONDOR CAPITAL MANAGEMENT 1.41% of their portfolio MARTINSVILLE, NJ 65,57665.6k $16.9m $16.9m 1.41% Reduced -5.9k -5,861
80 HRC WEALTH MANAGEMENT, LLC 7.76% of their portfolio Moscow, ID 63,85063.9k $16.4m $16.4m 7.76% Added +30.9k +30,859
81 Pinnacle Financial Partners, Inc. 0.12% of their portfolio ATLANTA, GA 63,23063.2k $16.3m $16.3m 0.12% Reduced -715 -715
82 Focus Partners Wealth 0.02% of their portfolio ST LOUIS, MO 63,19463.2k $16.3m $16.3m 0.02% Added +967 +967
83 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 62,56062.6k $16.1m $16.1m 0.03% Added +4.6k +4,635
84 Marion Wealth Management 3.45% of their portfolio MONROEVILLE, PA 60,37860.4k $15.5m $15.5m 3.45% Added +4.7k +4,720
85 Strategic Investment Advisors / MI 1.06% of their portfolio FARMINGTON HILLS, MI 59,61759.6k $15.4m $15.4m 1.06% Added +12.1k +12,069
86 INDEPENDENT FINANCIAL GROUP, LLC 0.33% of their portfolio SAN DIEGO, CA 57,32857.3k $14.8m $14.8m 0.33% Added +494 +494
87 Opes Wealth Management LLC 2.48% of their portfolio MENLO PARK, CA 56,47356.5k $14.5m $14.5m 2.48% Added +1.1k +1,128
88 GREENUP STREET WEALTH MANAGEMENT LLC 2.03% of their portfolio OVERLAND PARK, KS 55,91555.9k $14.4m $14.4m 2.03% Added +34.8k +34,827
89 Wealthspire Advisors, LLC 0.11% of their portfolio NEW YORK, NY 55,80655.8k $14.4m $14.4m 0.11% Added +3.3k +3,326
90 Cambridge Investment Research Advisors, Inc. 0.04% of their portfolio FAIRFIELD, IA 54,91954.9k $14.1m $14.1m 0.04% Added +1.7k +1,680
91 COMMERCE BANK 0.07% of their portfolio KANSAS CITY, MO 53,97054.0k $13.9m $13.9m 0.07% Added +4.5k +4,519
92 Steward Partners Investment Advisory, LLC 0.07% of their portfolio STAMFORD, CT 53,94553.9k $13.9m $13.9m 0.07% Added +2.4k +2,444
93 Clayton Financial Group LLC 6.95% of their portfolio ST. LOUIS, MO 52,57052.6k $13.5m $13.5m 6.95% Added +1.4k +1,446
94 BLAIR WILLIAM & CO/IL 0.04% of their portfolio CHICAGO, IL 51,57951.6k $13.3m $13.3m 0.04% Reduced -14.2k -14,245
95 Payne Capital Management, LLC 3.96% of their portfolio New York, NY 50,86450.9k $13.1m $13.1m 3.96% Added +1.3k +1,290
96 Advisory Alpha, LLC 0.35% of their portfolio HOLLAND, MI 49,97950.0k $12.9m $12.9m 0.35% Added +3.5k +3,492
97 Roberts Financial Services LLC 4.06% of their portfolio MARQUETTE, MI 49,56549.6k $12.8m $12.8m 4.06% Reduced -9.6k -9,557
98 D.A. DAVIDSON & CO. 0.08% of their portfolio GREAT FALLS, MT 49,55249.6k $12.8m $12.8m 0.08% Added +5.0k +5,019
99 ARVEST INVESTMENTS, INC. 1.68% of their portfolio LOWELL, AR 47,88347.9k $12.3m $12.3m 1.68% Added +4.1k +4,113
100 Robertson Stephens Wealth Management, LLC 0.34% of their portfolio San Francisco, CA 46,95147.0k $12.1m $12.1m 0.34% Added +400 +400