Vault-13

VANGUARD INDEX FDS VNQ

REAL ESTATE ETF · ETP · CUSIP 922908553

1,591 institutional holders -45 vs Q1 2024
234,716,086234.7m shares reported held*
$19.6bnreported value*
66 new 563 added 690 reduced 117 sold out net sold ≈ $2.9bn (-34.1m 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 ($10.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $83.56. Options: 10 managers hold calls ($111.1m notional), 12 hold puts ($91.8m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,513Q4 22: 1,623Q1 23: 1,593Q2 23: 1,558Q3 23: 1,531Q4 23: 1,675Q1 24: 1,636Q2 24: 1,5911,591Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 20221,513
Q4 20221,623
Q1 20231,593
Q2 20231,558
Q3 20231,531
Q4 20231,675
Q1 20241,636
Q2 20241,591

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 782 bought or addedQ4 22: 673 cut or sold outQ4 22Q1 23: 723 bought or addedQ1 23: 770 cut or sold outQ2 23: 608 bought or addedQ2 23: 819 cut or sold outQ2 23Q3 23: 697 bought or addedQ3 23: 733 cut or sold outQ4 23: 724 bought or addedQ4 23: 770 cut or sold outQ4 23Q1 24: 728 bought or addedQ1 24: 800 cut or sold outQ2 24: 629 bought or addedQ2 24: 807 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022782673
Q1 2023723770
Q2 2023608819
Q3 2023697733
Q4 2023724770
Q1 2024728800
Q2 2024629807

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ3 23 calls: $76.0mQ3 23 puts: $219.7mQ3 23P/C 2.89Q4 23 calls: $95.4mQ4 23 puts: $527.6mQ4 23P/C 5.53Q1 24 calls: $247.7mQ1 24 puts: $228.6mQ1 24P/C 0.92Q2 24 calls: $111.1mQ2 24 puts: $91.8mQ2 24P/C 0.83
Numbers
QuarterCallsPutsP/C
Q3 2023$76.0m$219.7m2.89
Q4 2023$95.4m$527.6m5.53
Q1 2024$247.7m$228.6m0.92
Q2 2024$111.1m$91.8m0.83

Biggest buyers

Axiom Advisory, LLC Added +2,564,614+2.6m
Empower Advisory Group, LLC Added +576,842+576.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +523,467+523.5k
Strategic Financial Concepts, LLC Added +456,324+456.3k
Wealthfront Advisers LLC Added +403,394+403.4k
PRUDENTIAL FINANCIAL INC Added +395,687+395.7k
Pathstone Holdings, LLC Added +314,793+314.8k
BARCLAYS PLC Added +248,766+248.8k
Family Firm, Inc. Added +231,770+231.8k
TWO SIGMA INVESTMENTS, LP New +228,536+228.5k

Biggest sellers

MORGAN STANLEY Reduced -25,102,095-25.1m
Caisse de depot et placement du Quebec Reduced -1,778,300-1.8m
Board of Trustees of The Leland Stanford Junior University Sold out -1,699,905-1.7m
JPMORGAN CHASE & CO Reduced -1,455,448-1.5m
Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) Reduced -1,206,575-1.2m
Squarepoint Ops LLC Sold out -878,443-878.4k
WELLS FARGO & COMPANY/MN Reduced -793,517-793.5k
EXCHANGE TRADED CONCEPTS, LLC Reduced -684,079-684.1k
BANK OF AMERICA CORP /DE/ Reduced -584,094-584.1k
GLENMEDE TRUST CO NA Reduced -505,208-505.2k

Biggest calls

Twin Tree Management, LP Reduced $41.4m494.5k shares
CITADEL ADVISORS LLC Added $32.8m391.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $21.8m260.1k shares
WOLVERINE TRADING, LLC Reduced $4.1m48.9k shares
PEAK6 Investments LLC Added $3.7m43.9k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $3.5m41.5k shares
GTS SECURITIES LLC Added $3.4m40.8k shares
Walleye Trading LLC Reduced $309.9k3.7k shares
Parallax Volatility Advisers, L.P. New $83.8k1.0k shares
BANK OF AMERICA CORP /DE/ New $33.5k400 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $36.0m430.0k shares
CITADEL ADVISORS LLC Reduced $26.9m321.3k shares
WOLVERINE TRADING, LLC Reduced $7.2m85.7k shares
Walleye Trading LLC Added $6.0m72.2k shares
CAPITAL FUND MANAGEMENT S.A. Reduced $5.7m67.9k shares
GTS SECURITIES LLC Reduced $4.5m53.5k shares
BANK OF AMERICA CORP /DE/ Added $1.9m22.6k shares
DigitalBridge Group, Inc. Reduced $1.4m16.3k shares
UBS Group AG Reduced $820.8k9.8k shares
PEAK6 Investments LLC Unchanged $745.5k8.9k 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 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JPMORGAN CHASE & CO 0.07% of their portfolio NEW YORK, NY 19,431,90219.4m $1.6bn $1.6bn 0.07% Reduced -1.5m -1,455,448
2 Creative Planning 1.56% of their portfolio OVERLAND PARK, KS 17,400,78217.4m $1.5bn $1.5bn 1.56% Reduced -422.1k -422,066
3 MORGAN STANLEY 0.08% of their portfolio NEW YORK, NY 11,971,62912.0m $1.0bn $1.0bn 0.08% Reduced -25.1m -25,102,095
4 Empower Advisory Group, LLC 3.51% of their portfolio Greenwood Village, CO 11,297,70811.3m $946.3m $946.3m 3.51% Added +576.8k +576,842
5 BANK OF AMERICA CORP /DE/ 0.09% of their portfolio CHARLOTTE, NC 10,728,12410.7m $898.6m $898.6m 0.09% Reduced -584.1k -584,094
6 Wealthfront Advisers LLC 2.35% of their portfolio Palo Alto, CA 8,344,9928.3m $699.0m $699.0m 2.35% Added +403.4k +403,394
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.66% of their portfolio MILWAUKEE, WI 7,994,3478.0m $669.7m $669.7m 0.66% Added +523.5k +523,467
8 GOLDMAN SACHS GROUP INC 0.13% of their portfolio NEW YORK, NY 7,842,8497.8m $656.9m $656.9m 0.13% Reduced -337.3k -337,309
9 US BANCORP \DE\ 0.57% of their portfolio MINNEAPOLIS, MN 4,956,2475.0m $415.1m $415.1m 0.57% Reduced -412.1k -412,131
10 PRUDENTIAL FINANCIAL INC 0.61% of their portfolio NEWARK, NJ 4,827,0094.8m $404.3m $404.3m 0.61% Added +395.7k +395,687
11 WELLS FARGO & COMPANY/MN 0.10% of their portfolio SAN FRANCISCO, CA 4,621,9814.6m $387.1m $387.1m 0.10% Reduced -793.5k -793,517
12 Financial Engines Advisors L.L.C. 0.66% of their portfolio SANTA CLARA, CA 3,492,1223.5m $296.1m $296.1m 0.66% Added +30.2k +30,224
13 ENVESTNET ASSET MANAGEMENT INC 0.09% of their portfolio Berwyn, PA 2,948,5962.9m $247.0m $247.0m 0.09% Reduced -32.6k -32,607
14 Caisse de depot et placement du Quebec 0.58% of their portfolio Montreal, A8 2,841,9002.8m $238.0m $238.0m 0.58% Reduced -1.8m -1,778,300
15 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 2,670,6182.7m $223.7m $223.7m 0.04% Added +139.5k +139,451
16 Axiom Advisory, LLC 2.34% of their portfolio SAN DIEGO, CA 2,604,5582.6m $215.1m $215.1m 2.34% Added +2.6m +2,564,614
17 State of Tennessee, Department of Treasury 0.78% of their portfolio NASHVILLE, TN 2,518,9512.5m $211.0m $211.0m 0.78% Added +52.4k +52,449
18 Bank of New York Mellon Corp 0.04% of their portfolio NEW YORK, NY 2,239,0912.2m $187.5m $187.5m 0.04% Added +10.7k +10,732
19 Mivtachim The Workers Social Insurance Fund Ltd. (Under Special Management) 20.58% of their portfolio Tel Aviv, L3 2,084,9292.1m $174.6m $174.6m 20.58% Reduced -1.2m -1,206,575
20 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 2,056,5892.1m $172.3m $172.3m 0.04% Added +210.9k +210,893
21 FIFTH THIRD BANCORP 0.58% of their portfolio CINCINNATI, OH 1,827,6341.8m $153.1m $153.1m 0.58% Reduced -142.1k -142,148
22 Mariner, LLC 0.30% of their portfolio Overland Park, KS 1,824,9721.8m $152.9m $152.9m 0.30% Reduced -45.0k -44,958
23 Beacon Capital Management, Inc. 6.48% of their portfolio DAYTON, OH 1,796,7031.8m $150.5m $150.5m 6.48% Reduced -60.9k -60,895
24 UBS Group AG 0.05% of their portfolio ZURICH, V8 1,749,9621.7m $146.6m $146.6m 0.05% Added +123.1k +123,131
25 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.13% of their portfolio Toronto, A6 1,703,2451.7m $142.9m $142.9m 0.13% Added +44.7k +44,660
26 Pure Financial Advisors, LLC 3.68% of their portfolio SAN DIEGO, CA 1,583,6151.6m $132.6m $132.6m 3.68% Added +107.5k +107,519
27 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 1,506,9141.5m $126.2m $126.2m 0.06% Added +62.5k +62,472
28 PNC Financial Services Group, Inc. 0.08% of their portfolio Pittsburgh, PA 1,400,8431.4m $117.3m $117.3m 0.08% Reduced -485.1k -485,069
29 Cetera Investment Advisers 0.25% of their portfolio SCHAUMBURG, IL 1,299,8451.3m $108.9m $108.9m 0.25% Reduced -67.8k -67,808
30 Gibson Capital, LLC 23.44% of their portfolio WEXFORD, PA 1,267,2501.3m $106.1m $106.1m 23.44% Added +40.7k +40,715
31 Vanderbilt University 21.20% of their portfolio NASHVILLE, TN 1,208,3901.2m $101.2m $101.2m 21.20% Reduced -88.1k -88,079
32 VISTA CAPITAL PARTNERS, INC. 12.55% of their portfolio PORTLAND, OR 1,208,0311.2m $101.2m $101.2m 12.55% Added +40.3k +40,274
33 Millburn Ridgefield LLC /DE/ 2.67% of their portfolio New York, NY 1,196,5171.2m $100.2m $100.2m 2.67% Added +123.7k +123,727
34 Catalyst Capital Advisors LLC 2.31% of their portfolio San Juan, PR 1,196,5171.2m $100.2m $100.2m 2.31% Added +123.7k +123,727
35 Ballentine Partners, LLC 1.77% of their portfolio Waltham, MA 1,145,1571.1m $95.9m $95.9m 1.77% Added +47.4k +47,377
36 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 1,003,5041.0m $84.0m $84.0m 0.02% Added +6.4k +6,413
37 Corient Private Wealth LP 0.14% of their portfolio MIAMI, FL 979,018979.0k $82.0m $82.0m 0.14% Added +10.3k +10,337
38 REBALANCE, LLC 6.17% of their portfolio PALO ALTO, CA 915,941915.9k $76.7m $76.7m 6.17% Added +68.8k +68,762
39 BNP PARIBAS FINANCIAL MARKETS 0.08% of their portfolio PARIS, I0 914,318914.3k $76.6m $76.6m 0.08% Reduced -327.9k -327,901
40 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.65% of their portfolio IRVING, TX 905,520905.5k $75.8m $75.8m 0.65% Added +16.6k +16,626
41 GLENMEDE TRUST CO NA 0.37% of their portfolio PHILADELPHIA, PA 876,700876.7k $73.4m $73.4m 0.37% Reduced -505.2k -505,208
42 Envestnet Portfolio Solutions, Inc. 0.25% of their portfolio BERWYN, PA 849,047849.0k $71.1m $71.1m 0.25% Added +23.6k +23,561
43 ASSETMARK, INC 0.21% of their portfolio CONCORD, CA 815,855815.9k $68.3m $68.3m 0.21% Added +48.9k +48,871
44 State of New Jersey Common Pension Fund D 0.30% of their portfolio TRENTON, NJ 811,487811.5k $68.0m $68.0m 0.30% Reduced -388.5k -388,513
45 Raymond James Financial Services Advisors, Inc. 0.10% of their portfolio ST. PETERSBURG, FL 809,303809.3k $67.8m $67.8m 0.10% Reduced -508 -508
46 Cerity Partners LLC 0.18% of their portfolio NEW YORK, NY 808,792808.8k $67.8m $67.8m 0.18% Added +81.7k +81,707
47 Sand Hill Global Advisors, LLC 3.06% of their portfolio Palo Alto, CA 804,436804.4k $67.4m $67.4m 3.06% Added +26.9k +26,950
48 HighTower Advisors, LLC 0.10% of their portfolio CHICAGO, IL 796,548796.5k $66.7m $66.7m 0.10% Reduced -28.5k -28,518
49 AVANTAX ADVISORY SERVICES, INC. 0.47% of their portfolio DALLAS, TX 794,244794.2k $66.5m $66.5m 0.47% Added +41.4k +41,422
50 Seven Post Investment Office LP 12.16% of their portfolio San Francisco, CA 783,594783.6k $65.6m $65.6m 12.16% Reduced -1.0k -1,014
51 OSAIC HOLDINGS, INC. 0.15% of their portfolio SCOTTSDALE, AZ 766,897766.9k $64.2m $64.2m 0.15% Reduced -128.7k -128,679
52 COMMONWEALTH EQUITY SERVICES, LLC 0.10% of their portfolio WALTHAM, MA 766,383766.4k $64.2m $64.2m 0.10% Added +9.8k +9,801
53 FIRST CITIZENS BANK & TRUST CO 1.15% of their portfolio RALEIGH, NC 725,566725.6k $60.8m $60.8m 1.15% Added +28.2k +28,155
54 Pathstone Holdings, LLC 0.26% of their portfolio ENGLEWOOD, NJ 675,465675.5k $56.6m $56.6m 0.26% Added +314.8k +314,793
55 RTD Financial Advisors, Inc. 7.55% of their portfolio Philadelphia, PA 670,640670.6k $56.2m $56.2m 7.55% Reduced -23.7k -23,682
56 PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio DES MOINES, IA 662,840662.8k $55.5m $55.5m 0.03% Reduced -144.5k -144,491
57 LifeGuide Financial Advisors, LLC 26.36% of their portfolio MECHANICSBURG, PA 647,826647.8k $54.3m $54.3m 26.36% Added +27.3k +27,292
58 1832 Asset Management L.P. 0.10% of their portfolio TORONTO, A6 644,617644.6k $54.0m $54.0m 0.10% Reduced -178.8k -178,818
59 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 602,375602.4k $50.5m $50.5m 0.02% Added +248.8k +248,766
60 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 595,609595.6k $49.9m $49.9m 0.06% Added +36.7k +36,719
61 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 1.49% of their portfolio Seattle, WA 588,145588.1k $49.3m $49.3m 1.49% Reduced -29.9k -29,921
62 FINANCIAL COUNSELORS INC 0.78% of their portfolio Overland Park, KS 580,708580.7k $48.6m $48.6m 0.78% Added +2.9k +2,908
63 SUMITOMO LIFE INSURANCE CO 1.08% of their portfolio TOKYO, M0 556,530556.5k $46.6m $46.6m 1.08% Unchanged
64 Efficient Advisors, LLC 2.93% of their portfolio BEAVERTON, OR 538,671538.7k $45.1m $45.1m 2.93% Added +35.2k +35,201
65 Passive Capital Management, LLC. 16.69% of their portfolio BALTIMORE, MD 536,901536.9k $45.0m $45.0m 16.69% Reduced -42 -42
66 First Command Advisory Services, Inc. 0.45% of their portfolio FORT WORTH, TX 521,141521.1k $43.7m $43.7m 0.45% Reduced -12.2k -12,204
67 D. E. Shaw & Co., Inc. 0.06% of their portfolio New York, NY 517,878517.9k $43.4m $43.4m 0.06% Added +166.0k +166,021
68 CITIZENS FINANCIAL GROUP INC/RI 0.96% of their portfolio PROVIDENCE, RI 511,508511.5k $43.2m $43.2m 0.96% Added +10.0k +9,991
69 MONETA GROUP INVESTMENT ADVISORS LLC 0.67% of their portfolio ST LOUIS, MO 501,709501.7k $42.0m $42.0m 0.67% Reduced -197.4k -197,449
70 CITIGROUP INC 0.04% of their portfolio NEW YORK, NY 496,445496.4k $41.6m $41.6m 0.04% Reduced -59.6k -59,592
71 Rockefeller Capital Management L.P. 0.11% of their portfolio NEW YORK, NY 469,478469.5k $39.3m $39.3m 0.11% Added +7.2k +7,233
72 First Financial Bankshares Inc 0.89% of their portfolio Abilene, TX 465,575465.6k $39.0m $39.0m 0.89% Added +3.4k +3,359
73 Strategic Financial Concepts, LLC 0.03% of their portfolio SAN ANTONIO, TX 461,007461.0k $48.8k $48.8k 0.03% Added +456.3k +456,324
74 M&T Bank Corp 0.12% of their portfolio BUFFALO, NY 434,679434.7k $36.4m $36.4m 0.12% Reduced -18.2k -18,154
75 RAYMOND JAMES & ASSOCIATES 0.02% of their portfolio ST PETERSBURG, FL 425,436425.4k $35.6m $35.6m 0.02% Reduced -5.5k -5,471
76 Prime Capital Investment Advisors, LLC 0.50% of their portfolio OVERLAND PARK, KS 403,847403.8k $33.8m $33.8m 0.50% Reduced -29.1k -29,063
77 OSBORNE PARTNERS CAPITAL MANAGEMENT, LLC 2.00% of their portfolio SAN FRANCISCO, CA 399,110399.1k $33.4m $33.4m 2.00% Added +12.9k +12,942
78 SCS Capital Management LLC 0.69% of their portfolio BOSTON, MA 393,831393.8k $33.0m $33.0m 0.69% Reduced -446.4k -446,431
79 PEAPACK GLADSTONE FINANCIAL CORP 0.50% of their portfolio BEDMINSTER, NJ 385,003385.0k $32.2m $32.2m 0.50% Added +53.3k +53,310
80 Disciplina Capital Management LLC 5.31% of their portfolio NASHVILLE, TN 382,857382.9k $32.1m $32.1m 5.31% Reduced -29.7k -29,683
81 Chandler Asset Management, Inc. 6.32% of their portfolio SAN DIEGO, CA 372,238372.2k $31.2m $31.2m 6.32% Added +6.7k +6,700
82 OIKOS HOLDINGS LLC 7.25% of their portfolio NEW YORK, NY 365,466365.5k $30.6m $30.6m 7.25% Reduced -7.2k -7,175
83 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.07% of their portfolio PLYMOUTH, MN 363,600363.6k $30.5m $30.5m 0.07% Reduced -6.0k -6,005
84 Garde Capital, Inc. 2.07% of their portfolio SEATTLE, WA 356,596356.6k $29.9m $29.9m 2.07% Reduced -8.8k -8,757
85 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 348,707348.7k $29.6m $29.6m 0.00% Reduced -30.0k -29,965
86 KWMG, LLC 3.07% of their portfolio OVERLAND PARK, KS 340,354340.4k $28.5m $28.5m 3.07% Added +20.1k +20,110
87 LAKE STREET ADVISORS GROUP, LLC 1.36% of their portfolio PORTSMOUTH, NH 332,950332.9k $28.2m $28.2m 1.36% Reduced -241.4k -241,384
88 Comprehensive Financial Management LLC 0.98% of their portfolio Los Gatos, CA 328,338328.3k $27.8m $27.8m 0.98% Reduced -120.0k -120,000
89 CAPTRUST FINANCIAL ADVISORS 0.08% of their portfolio RALEIGH, NC 304,384304.4k $25.5m $25.5m 0.08% Reduced -6.7k -6,714
90 EVERGREEN CAPITAL MANAGEMENT LLC 0.93% of their portfolio Bellevue, WA 304,056304.1k $25.8m $25.8m 0.93% Added +16.3k +16,327
91 Family Firm, Inc. 1.17% of their portfolio BETHESDA, MD 294,713294.7k $5.2m $5.2m 1.17% Added +231.8k +231,770
92 Falcon Wealth Planning 3.19% of their portfolio Ontario, CA 293,410293.4k $24.6m $24.6m 3.19% Added +36.4k +36,383
93 Cambridge Investment Research Advisors, Inc. 0.09% of their portfolio FAIRFIELD, IA 292,193292.2k $24.5m $24.5m 0.09% Reduced -8.7k -8,730
94 FOSTER & MOTLEY INC 1.64% of their portfolio CINCINNATI, OH 284,823284.8k $23.9m $23.9m 1.64% Added +17.1k +17,123
95 Conservest Capital Advisors, Inc. 2.65% of their portfolio WYNNEWOOD, PA 283,698283.7k $24.5m $24.5m 2.65% Reduced -1.8k -1,840
96 COMERICA BANK 0.10% of their portfolio DALLAS, TX 282,186282.2k $23.6m $23.6m 0.10% Added +55.8k +55,767
97 Pacific Capital Wealth Advisors, Inc. 4.28% of their portfolio CORONA, CA 279,926279.9k $23.4m $23.4m 4.28% Added +40.2k +40,172
98 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 278,469278.5k $23.3m $23.3m 0.05% Reduced -46.4k -46,402
99 Atria Wealth Solutions, Inc. 0.26% of their portfolio NEW YORK, NY 275,833275.8k $23.3m $23.3m 0.26% Reduced -15.1k -15,149
100 Rockwood Wealth Management, LLC 2.81% of their portfolio New Hope, PA 275,340275.3k $23.1m $23.1m 2.81% Added +23.9k +23,881