Vault-13

VANGUARD INDEX FDS VOT

MCAP GR IDXVIP · ETP · CUSIP 922908538

1,100 institutional holders +39 vs Q1 2026
39,262,36239.3m shares reported held*
$12.0bnreported value*
96 new 372 added 350 reduced 49 sold out net bought ≈ $272.3m (+875.7k 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 ($22.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $305.96. Options: 4 managers hold calls ($28.5m notional), 4 hold puts ($15.2m).

Trends to Q2 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: 1,061Q2 26: 1,1001,100Q3 22Q3 23Q3 24Q3 25Q2 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
Q2 20261,100

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 24: 416 bought or addedQ3 24: 282 cut or sold outQ4 24: 392 bought or addedQ4 24: 328 cut or sold outQ4 24Q1 25: 433 bought or addedQ1 25: 381 cut or sold outQ2 25: 412 bought or addedQ2 25: 386 cut or sold outQ2 25Q3 25: 432 bought or addedQ3 25: 362 cut or sold outQ4 25: 467 bought or addedQ4 25: 381 cut or sold outQ4 25Q1 26: 458 bought or addedQ1 26: 427 cut or sold outQ2 26: 468 bought or addedQ2 26: 399 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024416282
Q4 2024392328
Q1 2025433381
Q2 2025412386
Q3 2025432362
Q4 2025467381
Q1 2026458427
Q2 2026468399

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 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 0.70Q2 26 calls: $28.5mQ2 26 puts: $15.2mQ2 26P/C 0.53
Numbers
QuarterCallsPutsP/C
Q3 2025$4.4m$2.1m0.49
Q4 2025$13.5m$11.9m0.88
Q1 2026$14.4m$10.1m0.70
Q2 2026$28.5m$15.2m0.53

Biggest buyers

EP Wealth Advisors, LLC Added +201,601+201.6k
WELLINGTON MANAGEMENT GROUP LLP New +176,688+176.7k
Everhart Financial Group, Inc. Added +172,004+172.0k
Cambridge Investment Research Advisors, Inc. Added +105,485+105.5k
BNP PARIBAS FINANCIAL MARKETS Added +86,166+86.2k
MORGAN STANLEY Added +85,220+85.2k
JONES FINANCIAL COMPANIES LLLP Added +64,432+64.4k
UBS Group AG Added +40,450+40.5k
MONETA GROUP INVESTMENT ADVISORS LLC Added +39,291+39.3k
CIBC Bancorp USA Inc. Added +34,562+34.6k

Biggest sellers

Private Advisor Group, LLC Reduced -152,573-152.6k
Avior Wealth Management, LLC Reduced -128,118-128.1k
Sharp Wealth Advisory, LLC Reduced -89,350-89.3k
ROYAL BANK OF CANADA Reduced -87,581-87.6k
IFP Advisors, Inc Reduced -54,851-54.9k
TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC Reduced -43,789-43.8k
BANK OF AMERICA CORP /DE/ Reduced -36,879-36.9k
WELLS FARGO & COMPANY/MN Reduced -27,965-28.0k
Glenview Trust Co Reduced -27,258-27.3k
Focus Partners Wealth Reduced -24,322-24.3k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $9.6m31.5k shares
JANE STREET GROUP, LLC Added $9.1m29.7k shares
Tidal Investments LLC Reduced $5.0m16.2k shares
CITADEL ADVISORS LLC Added $4.8m15.6k shares

Biggest puts

JANE STREET GROUP, LLC Added $6.4m20.9k shares
Tidal Investments LLC Reduced $5.0m16.2k shares
CITADEL ADVISORS LLC New $2.6m8.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.2m3.9k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 3,067,1503.1m $939.5m $939.5m 0.05% Added +85.2k +85,220
2 ASSETMARK, INC 1.13% of their portfolio CONCORD, CA 2,150,3452.2m $658.7m $658.7m 1.13% Added +8.7k +8,717
3 BANK OF AMERICA CORP /DE/ 0.04% of their portfolio CHARLOTTE, NC 2,120,7572.1m $649.6m $649.6m 0.04% Reduced -36.9k -36,879
4 EP Wealth Advisors, LLC 2.05% of their portfolio TORRANCE, CA 1,752,7271.8m $536.9m $536.9m 2.05% Added +201.6k +201,601
5 WELLS FARGO & COMPANY/MN 0.09% of their portfolio SAN FRANCISCO, CA 1,646,5971.6m $504.4m $504.4m 0.09% Reduced -28.0k -27,965
6 ROYAL BANK OF CANADA 0.06% of their portfolio TORONTO, A6 1,195,4021.2m $366.2m $366.2m 0.06% Reduced -87.6k -87,581
7 UBS Group AG 0.06% of their portfolio ZURICH, V8 1,160,3731.2m $355.4m $355.4m 0.06% Added +40.5k +40,450
8 PNC Financial Services Group, Inc. 0.17% of their portfolio Pittsburgh, PA 1,104,0151.1m $338.2m $338.2m 0.17% Reduced -10.7k -10,682
9 JONES FINANCIAL COMPANIES LLLP 0.13% of their portfolio DES PERES, MO 1,100,7341.1m $328.7m $328.7m 0.13% Added +64.4k +64,432
10 Truepoint, Inc. 6.99% of their portfolio CINCINNATI, OH 1,093,2231.1m $334.9m $334.9m 6.99% Reduced -12.7k -12,744
11 VANTAGEPOINT INVESTMENT ADVISERS LLC 2.39% of their portfolio WASHINGTON, DC 1,042,6401.0m $319.4m $319.4m 2.39% Unchanged
12 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 915,170915.2k $280.3m $280.3m 0.06% Added +14.2k +14,182
13 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.15% of their portfolio MILWAUKEE, WI 905,608905.6k $277.4m $277.4m 0.15% Added +33.8k +33,825
14 MONETA GROUP INVESTMENT ADVISORS LLC 1.72% of their portfolio ST LOUIS, MO 756,813756.8k $231.8m $231.8m 1.72% Added +39.3k +39,291
15 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 727,903727.9k $222.9m $222.9m 0.05% Added +16.0k +15,980
16 STEPHENS GROUP ASSET MANAGEMENT, LLC 11.54% of their portfolio LITTLE ROCK, AR 666,327666.3k $204.1m $204.1m 11.54% Added +6.0k +6,008
17 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 564,845564.8k $173.0m $173.0m 0.05% Added +20.3k +20,339
18 STIFEL FINANCIAL CORP 0.13% of their portfolio ST. LOUIS, MO 519,520519.5k $159.1m $159.1m 0.13% Added +5.8k +5,769
19 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.52% of their portfolio CHARLOTTE, NC 497,262497.3k $152.3m $152.3m 0.52% Reduced -43.8k -43,789
20 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 353,090353.1k $108.2m $108.2m 0.02% Added +7.3k +7,328
21 Rockefeller Capital Management L.P. 0.15% of their portfolio NEW YORK, NY 328,799328.8k $100.7m $100.7m 0.15% Added +653 +653
22 Busey Bank 2.13% of their portfolio URBANA, IL 286,146286.1k $87.6m $87.6m 2.13% Added +13.5k +13,464
23 COMMONWEALTH EQUITY SERVICES, LLC 0.11% of their portfolio WALTHAM, MA 275,076275.1k $84.3m $84.3m 0.11% Reduced -1.8k -1,778
24 TRUIST FINANCIAL CORP 0.09% of their portfolio CHARLOTTE, NC 256,751256.8k $78.6m $78.6m 0.09% Reduced -20.7k -20,671
25 FMR LLC 0.00% of their portfolio BOSTON, MA 243,289243.3k $74.5m $74.5m 0.00% Reduced -8.7k -8,663
26 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 236,962237.0k $72.6m $72.6m 0.04% Added +86.2k +86,166
27 Waverly Advisors, LLC 0.42% of their portfolio BIRMINGHAM, AL 236,426236.4k $72.4m $72.4m 0.42% Reduced -4.2k -4,214
28 McAdam, LLC 2.79% of their portfolio Philadelphia, PA 235,745235.7k $72.2m $72.2m 2.79% Added +27.0k +26,994
29 Avior Wealth Management, LLC 1.85% of their portfolio OMAHA, NE 229,387229.4k $70.2m $70.2m 1.85% Reduced -128.1k -128,118
30 CIBC Bancorp USA Inc. 0.09% of their portfolio CHICAGO, IL 225,823225.8k $69.2m $69.2m 0.09% Added +34.6k +34,562
31 Orgel Wealth Management, LLC 1.26% of their portfolio ALTOONA, WI 216,318216.3k $66.3m $66.3m 1.26% Reduced -2.8k -2,763
32 Everhart Financial Group, Inc. 4.23% of their portfolio Dublin, OH 216,074216.1k $66.2m $66.2m 4.23% Added +172.0k +172,004
33 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 211,342211.3k $64.7m $64.7m 0.06% Added +5.2k +5,202
34 OSAIC HOLDINGS, INC. 0.08% of their portfolio SCOTTSDALE, AZ 208,637208.6k $64.0m $64.0m 0.08% Added +24.3k +24,347
35 US BANCORP \DE\ 0.07% of their portfolio MINNEAPOLIS, MN 204,632204.6k $62.7m $62.7m 0.07% Added +2.6k +2,644
36 Equitable Holdings, Inc. 0.33% of their portfolio NEW YORK, NY 182,169182.2k $55.8m $55.8m 0.33% Reduced -15.6k -15,619
37 MML INVESTORS SERVICES, LLC 0.11% of their portfolio SPRINGFIELD, MA 178,764178.8k $54.8m $54.8m 0.11% Added +24.5k +24,458
38 WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio Boston, MA 176,688176.7k $54.1m $54.1m 0.01% New
39 Mariner, LLC 0.06% of their portfolio Overland Park, KS 171,464171.5k $52.5m $52.5m 0.06% Added +592 +592
40 Farther Finance Advisors, LLC 0.41% of their portfolio SAN FRANCISCO, CA 170,376170.4k $52.2m $52.2m 0.41% Added +32.5k +32,536
41 1832 Asset Management L.P. 0.06% of their portfolio TORONTO, A6 167,203167.2k $51.2m $51.2m 0.06% Unchanged
42 Creative Planning 0.03% of their portfolio OVERLAND PARK, KS 164,752164.8k $50.5m $50.5m 0.03% Added +22.9k +22,935
43 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 163,014163.0k $49.5m $49.5m 0.00% Reduced -967 -967
44 Kestra Advisory Services, LLC 0.16% of their portfolio AUSTIN, TX 162,247162.2k $49.7m $49.7m 0.16% Added +7.1k +7,122
45 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 160,404160.4k $49.1m $49.1m 0.06% Added +105.5k +105,485
46 Trust Co 4.38% of their portfolio MANHATTAN, KS 158,490158.5k $48.5m $48.5m 4.38% Reduced -1.1k -1,069
47 KWMG, LLC 3.29% of their portfolio OVERLAND PARK, KS 148,488148.5k $45.5m $45.5m 3.29% Added +6.0k +5,970
48 NewEdge Advisors, LLC 0.13% of their portfolio NEW ORLEANS, LA 147,426147.4k $45.2m $45.2m 0.13% Added +5.4k +5,426
49 BENJAMIN EDWARDS INC 0.38% of their portfolio Clayton, MO 135,119135.1k $41.4m $41.4m 0.38% Added +6.1k +6,088
50 CARY STREET PARTNERS FINANCIAL LLC 0.85% of their portfolio RICHMOND, VA 126,973127.0k $38.9m $38.9m 0.85% Added +20.3k +20,347
51 Bragg Financial Advisors, Inc 0.96% of their portfolio CHARLOTTE, NC 117,556117.6k $36.0m $36.0m 0.96% Added +4.4k +4,372
52 HighTower Advisors, LLC 0.03% of their portfolio CHICAGO, IL 117,475117.5k $36.0m $36.0m 0.03% Reduced -10.4k -10,351
53 Rodgers & Associates, LTD 2.95% of their portfolio Lancaster, PA 106,123106.1k $32.5m $32.5m 2.95% Reduced -148 -148
54 PRESILIUM PRIVATE WEALTH, LLC 4.92% of their portfolio RADNOR, PA 104,624104.6k $32.0m $32.0m 4.92% Added +222 +222
55 Cassaday & Co Wealth Management LLC 0.60% of their portfolio MCLEAN, VA 103,861103.9k $31.8m $31.8m 0.60% Reduced -541 -541
56 BHK Investment Advisors, LLC 9.05% of their portfolio BIRMINGHAM, AL 98,91698.9k $30.3m $30.3m 9.05% Added +1.1k +1,088
57 Adventist Health System/ West 4.64% of their portfolio Roseville, CA 96,76896.8k $29.6m $29.6m 4.64% Unchanged
58 Wilmington Savings Fund Society, FSB 0.65% of their portfolio WILMINGTON, DE 95,52895.5k $29.3m $29.3m 0.65% Reduced -9.0k -8,997
59 Beacon Pointe Advisors, LLC 0.13% of their portfolio NEWPORT BEACH, CA 93,90493.9k $28.7m $28.7m 0.13% Added +5.2k +5,169
60 WoodTrust Financial Corp 3.36% of their portfolio WISCONSIN RAPIDS, WI 92,39492.4k $28.3m $28.3m 3.36% Reduced -6.2k -6,175
61 Janney Montgomery Scott LLC 0.05% of their portfolio PHILADELPHIA, PA 92,06192.1k $28.2m $28.2m 0.05% Added +24.7k +24,652
62 Axiom Financial Strategies, LLC 8.79% of their portfolio NEW ALBANY, IN 91,60591.6k $28.1m $28.1m 8.79% Added +2.1k +2,139
63 Associated Banc-Corp 0.67% of their portfolio Green Bay, WI 91,55291.6k $28.0m $28.0m 0.67% Reduced -1.1k -1,116
64 &PARTNERS 0.11% of their portfolio NASHVILLE, TN 90,53290.5k $27.7m $27.7m 0.11% Added +17.5k +17,511
65 Black Diamond Financial, LLC 2.44% of their portfolio TOWSON, MD 90,27790.3k $27.7m $27.7m 2.44% Added +7.3k +7,305
66 AIRE ADVISORS, LLC 4.48% of their portfolio BEVERLY HILLS, CA 89,85489.9k $27.5m $27.5m 4.48% Added +1.4k +1,447
67 NATIXIS ADVISORS, LLC 0.03% of their portfolio Boston, MA 88,18888.2k $27.0m $27.0m 0.03% Added +2.3k +2,320
68 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 87,82887.8k $26.5m $26.5m 0.04% Reduced -1.0k -1,007
69 INSPIRION WEALTH ADVISORS, LLC 3.03% of their portfolio LIBERTYVILLE, IL 87,02587.0k $26.4m $26.4m 3.03% Added +13.3k +13,271
70 Bryn Mawr Trust Advisors, LLC 1.16% of their portfolio PHILADELPHIA, PA 86,79986.8k $26.6m $26.6m 1.16% Reduced -8.0k -8,024
71 Praetorian Wealth Management, Inc. 4.50% of their portfolio CARMEL, CA 85,20085.2k $26.1m $26.1m 4.50% Added +977 +977
72 FIFTH THIRD BANCORP 0.04% of their portfolio CINCINNATI, OH 84,78084.8k $26.0m $26.0m 0.04% Reduced -3.6k -3,584
73 Betterment LLC 0.04% of their portfolio NEW YORK, NY 84,64284.6k $25.9m $25.9m 0.04% Reduced -6.0k -5,987
74 MAI Capital Management 0.09% of their portfolio INDEPENDENCE, OH 80,23280.2k $24.6m $24.6m 0.09% Added +3.1k +3,138
75 Dakota Wealth Management 0.46% of their portfolio PALM BEACH GARDENS, FL 79,23279.2k $24.3m $24.3m 0.46% Reduced -18.5k -18,454
76 Corient Private Wealth LP 0.03% of their portfolio MIAMI, FL 78,66678.7k $24.1m $24.1m 0.03% Reduced -1.6k -1,619
77 Copper Harbor Investment Advisors, LLC 4.60% of their portfolio APPLETON, WI 70,97071.0k $21.7m $21.7m 4.60% First filing
78 Robertson Stephens Wealth Management, LLC 0.53% of their portfolio San Francisco, CA 70,07470.1k $21.5m $21.5m 0.53% Added +23.1k +23,123
79 CONDOR CAPITAL MANAGEMENT 1.47% of their portfolio MARTINSVILLE, NJ 64,07264.1k $19.6m $19.6m 1.47% Reduced -1.5k -1,504
80 Baird Financial Group, Inc. 0.03% of their portfolio MILWAUKEE, WI 64,05564.1k $19.6m $19.6m 0.03% Added +1.5k +1,495
81 HRC WEALTH MANAGEMENT, LLC 8.01% of their portfolio Moscow, ID 63,90963.9k $19.6m $19.6m 8.01% Added +59 +59
82 Pinnacle Financial Partners, Inc. 0.13% of their portfolio ATLANTA, GA 63,66263.7k $19.5m $19.5m 0.13% Added +432 +432
83 Marion Wealth Management 3.92% of their portfolio MONROEVILLE, PA 62,78362.8k $19.2m $19.2m 3.92% Added +2.4k +2,405
84 Strategic Investment Advisors / MI 1.13% of their portfolio FARMINGTON HILLS, MI 60,75860.8k $18.6m $18.6m 1.13% Added +1.1k +1,141
85 Wealthspire Advisors, LLC 0.10% of their portfolio NEW YORK, NY 57,95158.0k $17.8m $17.8m 0.10% Added +2.1k +2,145
86 Glenview Trust Co 0.24% of their portfolio Louisville, KY 57,65257.7k $17.7m $17.7m 0.24% Reduced -27.3k -27,258
87 Steward Partners Investment Advisory, LLC 0.09% of their portfolio STAMFORD, CT 57,48157.5k $17.6m $17.6m 0.09% Added +3.5k +3,536
88 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 57,10957.1k $17.5m $17.5m 0.03% Added +13.3k +13,251
89 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 56,84256.8k $17.4m $17.4m 0.02% Added +11.6k +11,615
90 INDEPENDENT FINANCIAL GROUP, LLC 0.32% of their portfolio SAN DIEGO, CA 56,48256.5k $17.3m $17.3m 0.32% Reduced -846 -846
91 Provident Wealth Management, LLC 4.34% of their portfolio BRENTWOOD, TN 54,97155.0k $16.8m $16.8m 4.34% Added +26.8k +26,848
92 Clayton Financial Group LLC 9.17% of their portfolio ST. LOUIS, MO 54,12954.1k $16.6m $16.6m 9.17% Added +1.6k +1,559
93 BLAIR WILLIAM & CO/IL 0.04% of their portfolio CHICAGO, IL 53,52753.5k $16.4m $16.4m 0.04% Added +1.9k +1,948
94 COMMERCE BANK 0.07% of their portfolio KANSAS CITY, MO 52,83452.8k $16.2m $16.2m 0.07% Reduced -1.1k -1,136
95 Advisory Alpha, LLC 0.40% of their portfolio HOLLAND, MI 52,63852.6k $16.1m $16.1m 0.40% Added +2.7k +2,659
96 Payne Capital Management, LLC 4.25% of their portfolio New York, NY 52,01352.0k $15.9m $15.9m 4.25% Added +1.1k +1,149
97 ARVEST INVESTMENTS, INC. 1.86% of their portfolio LOWELL, AR 50,08650.1k $15.3m $15.3m 1.86% Added +2.2k +2,203
98 Roberts Financial Services LLC 4.42% of their portfolio MARQUETTE, MI 49,27849.3k $15.1m $15.1m 4.42% Reduced -287 -287
99 OLD NATIONAL BANCORP /IN/ 0.29% of their portfolio EVANSVILLE, IN 48,21348.2k $14.8m $14.8m 0.29% Added +2.4k +2,352
100 NorthStar Asset Management LLC /NJ/ 5.94% of their portfolio BERKELEY HEIGHTS, NJ 47,72947.7k $14.6m $14.6m 5.94% Added +3.6k +3,595