Vault-13

VANGUARD INDEX FDS VBK

SML CP GRW ETF · ETP · CUSIP 922908595

1,222 institutional holders +10 vs Q4 2025
39,996,77640.0m shares reported held*
$12.1bnreported value*
84 new 428 added 419 reduced 69 sold out net sold ≈ $710.2m (-2.6m 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 ($13.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $302.44. Options: 5 managers hold calls ($19.2m notional), 3 hold puts ($5.5m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 800Q4 22: 854Q1 23: 849Q2 23: 867Q3 23: 874Q4 23: 978Q1 24: 999Q2 24: 984Q3 24: 1,025Q4 24: 1,124Q1 25: 1,082Q2 25: 1,103Q3 25: 1,116Q4 25: 1,212Q1 26: 1,2221,222Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022800
Q4 2022854
Q1 2023849
Q2 2023867
Q3 2023874
Q4 2023978
Q1 2024999
Q2 2024984
Q3 20241,025
Q4 20241,124
Q1 20251,082
Q2 20251,103
Q3 20251,116
Q4 20251,212
Q1 20261,222

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ2 24: 395 bought or addedQ2 24: 435 cut or sold outQ3 24: 461 bought or addedQ3 24: 365 cut or sold outQ3 24Q4 24: 476 bought or addedQ4 24: 377 cut or sold outQ1 25: 482 bought or addedQ1 25: 469 cut or sold outQ1 25Q2 25: 436 bought or addedQ2 25: 492 cut or sold outQ3 25: 483 bought or addedQ3 25: 423 cut or sold outQ3 25Q4 25: 529 bought or addedQ4 25: 440 cut or sold outQ1 26: 512 bought or addedQ1 26: 488 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024395435
Q3 2024461365
Q4 2024476377
Q1 2025482469
Q2 2025436492
Q3 2025483423
Q4 2025529440
Q1 2026512488

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ2 25 calls: $17.0mQ2 25 puts: $12.3mQ2 25P/C 0.72Q3 25 calls: $13.1mQ3 25 puts: $7.7mQ3 25P/C 0.59Q4 25 calls: $15.8mQ4 25 puts: $725.1kQ4 25P/C 0.05Q1 26 calls: $19.2mQ1 26 puts: $5.5mQ1 26P/C 0.29
Numbers
QuarterCallsPutsP/C
Q2 2025$17.0m$12.3m0.72
Q3 2025$13.1m$7.7m0.59
Q4 2025$15.8m$725.1k0.05
Q1 2026$19.2m$5.5m0.29

Biggest buyers

Howard Capital Management, LLC New +183,200+183.2k
ENVESTNET ASSET MANAGEMENT INC Added +110,970+111.0k
JONES FINANCIAL COMPANIES LLLP Added +101,866+101.9k
FIFTH THIRD BANCORP Added +98,983+99.0k
AMERIPRISE FINANCIAL INC Added +73,921+73.9k
MORGAN STANLEY Added +53,976+54.0k
ASSETMARK, INC Added +44,440+44.4k
UBS Group AG Added +42,640+42.6k
CONGRESS ASSET MANAGEMENT CO Added +40,067+40.1k
OSAIC HOLDINGS, INC. Added +37,856+37.9k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -1,819,715-1.8m
Corient Private Wealth LP Reduced -1,016,633-1.0m
TIAA TRUST, NATIONAL ASSOCIATION Reduced -414,185-414.2k
Align Financial, LLC Reduced -287,861-287.9k
HighTower Advisors, LLC Reduced -64,106-64.1k
WELLS FARGO & COMPANY/MN Reduced -59,547-59.5k
MML INVESTORS SERVICES, LLC Reduced -44,180-44.2k
TRUIST FINANCIAL CORP Reduced -43,401-43.4k
Private Advisor Group, LLC Reduced -42,201-42.2k
RAYMOND JAMES FINANCIAL INC Reduced -37,848-37.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $11.6m38.4k shares
JANE STREET GROUP, LLC Reduced $3.3m10.8k shares
CITADEL ADVISORS LLC Reduced $2.1m7.0k shares
Point72 Asset Management, L.P. New $1.4m4.7k shares
Belvedere Trading LLC Added $755.6k2.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.5m8.4k shares
Point72 Asset Management, L.P. New $2.2m7.4k shares
CITADEL ADVISORS LLC Added $755.6k2.5k 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 BANK OF AMERICA CORP /DE/ 0.19% of their portfolio CHARLOTTE, NC 8,438,2578.4m $2.6bn $2.6bn 0.19% Reduced -1.8m -1,819,715
2 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 1,936,5791.9m $585.3m $585.3m 0.04% Added +54.0k +53,976
3 ASSETMARK, INC 0.99% of their portfolio CONCORD, CA 1,609,3181.6m $486.4m $486.4m 0.99% Added +44.4k +44,440
4 Corient Private Wealth LP 0.45% of their portfolio MIAMI, FL 1,031,3281.0m $311.7m $311.7m 0.45% Reduced -1.0m -1,016,633
5 SEI INVESTMENTS CO 0.27% of their portfolio OAKS, PA 984,721984.7k $297.6m $297.6m 0.27% Added +15.6k +15,564
6 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 898,982899.0k $271.7m $271.7m 0.07% Reduced -10.8k -10,837
7 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 837,597837.6k $253.2m $253.2m 0.05% Reduced -59.5k -59,547
8 EP Wealth Advisors, LLC 1.20% of their portfolio TORRANCE, CA 807,814807.8k $244.2m $244.2m 1.20% Added +31.5k +31,485
9 UBS Group AG 0.04% of their portfolio ZURICH, V8 769,517769.5k $232.6m $232.6m 0.04% Added +42.6k +42,640
10 PNC Financial Services Group, Inc. 0.12% of their portfolio Pittsburgh, PA 697,629697.6k $210.9m $210.9m 0.12% Added +3.3k +3,290
11 Cohen Klingenstein LLC 6.47% of their portfolio NEW YORK, NY 661,433661.4k $199.9m $199.9m 6.47% Reduced -6.9k -6,947
12 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 637,264637.3k $192.6m $192.6m 0.05% Added +111.0k +110,970
13 JONES FINANCIAL COMPANIES LLLP 0.09% of their portfolio DES PERES, MO 617,063617.1k $182.0m $182.0m 0.09% Added +101.9k +101,866
14 MATHER GROUP, LLC. 1.82% of their portfolio CHICAGO, IL 603,872603.9k $182.5m $182.5m 1.82% Added +568 +568
15 MONETA GROUP INVESTMENT ADVISORS LLC 1.22% of their portfolio ST LOUIS, MO 536,196536.2k $162.1m $162.1m 1.22% Added +29.4k +29,351
16 CHOREO, LLC 1.97% of their portfolio ROCKFORD, IL 531,766531.8k $160.7m $160.7m 1.97% Added +8.4k +8,362
17 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 487,734487.7k $147.4m $147.4m 0.03% Added +73.9k +73,921
18 RAYMOND JAMES FINANCIAL INC 0.04% of their portfolio ST. PETERSBURG, FL 477,172477.2k $144.2m $144.2m 0.04% Reduced -37.8k -37,848
19 Cetera Investment Advisers 0.15% of their portfolio SCHAUMBURG, IL 476,911476.9k $144.1m $144.1m 0.15% Reduced -6.3k -6,299
20 RWA WEALTH PARTNERS, LLC 1.22% of their portfolio BOSTON, MA 368,412368.4k $111.4m $111.4m 1.22% Added +16.0k +15,961
21 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 0.43% of their portfolio CHARLOTTE, NC 367,120367.1k $111.0m $111.0m 0.43% First filing
22 MML INVESTORS SERVICES, LLC 0.27% of their portfolio SPRINGFIELD, MA 327,717327.7k $99.1m $99.1m 0.27% Reduced -44.2k -44,180
23 Rockefeller Capital Management L.P. 0.17% of their portfolio NEW YORK, NY 317,705317.7k $96.0m $96.0m 0.17% Reduced -7.8k -7,775
24 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 317,128317.1k $95.9m $95.9m 0.06% Added +14.3k +14,312
25 Mill Creek Capital Advisors, LLC 1.97% of their portfolio Conshohocken, PA 316,577316.6k $95.7m $95.7m 1.97% Added +2.8k +2,847
26 Sand Hill Global Advisors, LLC 3.20% of their portfolio Palo Alto, CA 314,286314.3k $95.0m $95.0m 3.20% Added +8.0k +8,045
27 OSAIC HOLDINGS, INC. 0.13% of their portfolio SCOTTSDALE, AZ 295,512295.5k $89.4m $89.4m 0.13% Added +37.9k +37,856
28 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 293,554293.6k $88.7m $88.7m 0.02% Reduced -4.1k -4,096
29 HighTower Advisors, LLC 0.09% of their portfolio CHICAGO, IL 273,378273.4k $82.6m $82.6m 0.09% Reduced -64.1k -64,106
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 243,275243.3k $70.5m $70.5m 0.00% Reduced -5.7k -5,681
31 Focus Partners Wealth 0.08% of their portfolio ST LOUIS, MO 223,562223.6k $67.6m $67.6m 0.08% Reduced -4.3k -4,349
32 1832 Asset Management L.P. 0.09% of their portfolio TORONTO, A6 214,055214.1k $64.7m $64.7m 0.09% Added +1.8k +1,822
33 Mariner, LLC 0.07% of their portfolio Overland Park, KS 212,492212.5k $64.2m $64.2m 0.07% Added +1.3k +1,286
34 COMMONWEALTH EQUITY SERVICES, LLC 0.09% of their portfolio WALTHAM, MA 206,206206.2k $62.3m $62.3m 0.09% Reduced -6.5k -6,453
35 US BANCORP \DE\ 0.09% of their portfolio MINNEAPOLIS, MN 206,025206.0k $70.8m $70.8m 0.09% Added +25.6k +25,638
36 Wealthspire Advisors, LLC 0.48% of their portfolio NEW YORK, NY 204,118204.1k $61.7m $61.7m 0.48% Added +632 +632
37 Howard Capital Management, LLC 0.91% of their portfolio Alpharetta, GA 183,200183.2k $55.4m $55.4m 0.91% New
38 Beacon Pointe Advisors, LLC 0.28% of their portfolio NEWPORT BEACH, CA 171,756171.8k $51.9m $51.9m 0.28% Added +5.3k +5,270
39 FIFTH THIRD BANCORP 0.09% of their portfolio CINCINNATI, OH 167,255167.3k $50.6m $50.6m 0.09% Added +99.0k +98,983
40 CONGRESS ASSET MANAGEMENT CO 0.33% of their portfolio BOSTON, MA 151,879151.9k $45.9m $45.9m 0.33% Added +40.1k +40,067
41 STEPHENS GROUP ASSET MANAGEMENT, LLC 2.88% of their portfolio LITTLE ROCK, AR 149,329149.3k $45.1m $45.1m 2.88% Added +31.5k +31,474
42 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 148,527148.5k $44.9m $44.9m 0.04% Added +4.4k +4,446
43 Strategies Wealth Advisors, LLC 4.39% of their portfolio GRAND RAPIDS, MI 144,537144.5k $43.7m $43.7m 4.39% Reduced -3.2k -3,243
44 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.27% of their portfolio IRVING, TX 142,837142.8k $43.2m $43.2m 0.27% Reduced -5.9k -5,906
45 Pathstone Holdings, LLC 0.17% of their portfolio ENGLEWOOD, NJ 140,744140.7k $42.5m $42.5m 0.17% Added +26.9k +26,922
46 Rodgers & Associates, LTD 4.30% of their portfolio Lancaster, PA 139,711139.7k $42.2m $42.2m 4.30% Added +1.6k +1,649
47 Summit Financial Strategies, Inc. 3.30% of their portfolio Columbus, OH 138,366138.4k $41.8m $41.8m 3.30% Added +90 +90
48 Bragg Financial Advisors, Inc 1.32% of their portfolio CHARLOTTE, NC 137,928137.9k $41.7m $41.7m 1.32% Added +2.6k +2,605
49 STEPHENS INC /AR/ 0.50% of their portfolio LITTLE ROCK, AR 133,265133.3k $40.3m $40.3m 0.50% Added +2.6k +2,632
50 Avior Wealth Management, LLC 1.12% of their portfolio OMAHA, NE 131,049131.0k $39.6m $39.6m 1.12% Reduced -2.0k -2,044
51 One Day In July LLC 3.12% of their portfolio BURLINGTON, VT 129,093129.1k $39.0m $39.0m 3.12% Added +4.6k +4,600
52 Creative Planning 0.03% of their portfolio OVERLAND PARK, KS 124,032124.0k $37.5m $37.5m 0.03% Added +1.8k +1,831
53 MOSAIC FAMILY WEALTH PARTNERS, LLC 3.76% of their portfolio ST. LOUIS, MO 121,688121.7k $36.8m $36.8m 3.76% Added +988 +988
54 CWM, LLC 0.09% of their portfolio OMAHA, NE 118,422118.4k $35.8m $35.8m 0.09% Added +3.4k +3,388
55 American Financial Advisors, LLC 4.75% of their portfolio Marietta, GA 117,712117.7k $35.6m $35.6m 4.75% Reduced -3.2k -3,232
56 Waldron Private Wealth LLC 1.22% of their portfolio BRIDGEVILLE, PA 103,182103.2k $31.2m $31.2m 1.22% Reduced -13.4k -13,375
57 NewEdge Advisors, LLC 0.11% of their portfolio NEW ORLEANS, LA 101,898101.9k $30.8m $30.8m 0.11% Reduced -7.8k -7,796
58 Brickley Wealth Management 5.23% of their portfolio SAN MATEO, CA 100,821100.8k $30.5m $30.5m 5.23% Added +50 +50
59 FMR LLC 0.00% of their portfolio BOSTON, MA 99,43499.4k $30.1m $30.1m 0.00% Added +35.5k +35,451
60 Aaron Wealth Advisors LLC 1.70% of their portfolio Chicago, IL 97,14697.1k $29.4m $29.4m 1.70% Added +9.7k +9,674
61 Kestra Advisory Services, LLC 0.11% of their portfolio AUSTIN, TX 95,42595.4k $28.8m $28.8m 0.11% Added +4.7k +4,717
62 Private Advisor Group, LLC 0.13% of their portfolio MORRISTOWN, NJ 93,38693.4k $28.2m $28.2m 0.13% Reduced -42.2k -42,201
63 Steward Partners Investment Advisory, LLC 0.14% of their portfolio STAMFORD, CT 88,50988.5k $26.8m $26.8m 0.14% Added +2.5k +2,528
64 BHK Investment Advisors, LLC 8.87% of their portfolio BIRMINGHAM, AL 87,77587.8k $26.5m $26.5m 8.87% Reduced -3.8k -3,783
65 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 87,30887.3k $26.4m $26.4m 0.00% Reduced -13.1k -13,130
66 Vision Capital Management, Inc. 3.32% of their portfolio PORTLAND, OR 86,95687.0k $26.3m $26.3m 3.32% Reduced -5.8k -5,791
67 Cresset Asset Management, LLC 0.11% of their portfolio Chicago, IL 86,22486.2k $26.1m $26.1m 0.11% Added +2.8k +2,814
68 NATIXIS ADVISORS, LLC 0.04% of their portfolio Boston, MA 84,55584.6k $25.6m $25.6m 0.04% Added +2.9k +2,933
69 Merit Financial Group, LLC 0.18% of their portfolio ALPHARETTA, GA 79,72679.7k $24.1m $24.1m 0.18% Reduced -2.1k -2,142
70 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.05% of their portfolio PLYMOUTH, MN 77,54077.5k $23.8m $23.8m 0.05% Reduced -22.9k -22,911
71 Cambridge Investment Research Advisors, Inc. 0.06% of their portfolio FAIRFIELD, IA 76,19476.2k $23.0m $23.0m 0.06% Reduced -18 -18
72 McAdam, LLC 1.03% of their portfolio Philadelphia, PA 75,47875.5k $22.8m $22.8m 1.03% Reduced -1.7k -1,726
73 Whitaker-Myers Wealth Managers, LTD. 4.54% of their portfolio Mansfield, OH 75,42375.4k $22.8m $22.8m 4.54% Added +3.3k +3,325
74 TRUIST FINANCIAL CORP 0.03% of their portfolio CHARLOTTE, NC 75,03875.0k $22.7m $22.7m 0.03% Reduced -43.4k -43,401
75 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 74,67474.7k $22.6m $22.6m 0.00% Reduced -893 -893
76 Quent Capital, LLC 1.53% of their portfolio NEW YORK, NY 71,44271.4k $21.6m $21.6m 1.53% Added +8.7k +8,742
77 Atria Investments, Inc 0.24% of their portfolio Charlotte, NC 71,41471.4k $21.6m $21.6m 0.24% Added +4.3k +4,318
78 EXENCIAL WEALTH ADVISORS, LLC 0.65% of their portfolio OKLAHOMA CITY, OK 69,01569.0k $20.9m $20.9m 0.65% Reduced -244 -244
79 Partners in Financial Planning 3.35% of their portfolio SALEM, VA 66,83566.8k $20.2m $20.2m 3.35% Added +789 +789
80 CIBC Bancorp USA Inc. 0.03% of their portfolio CHICAGO, IL 65,22765.2k $19.7m $19.7m 0.03% First filing
81 SAGE FINANCIAL GROUP INC 1.27% of their portfolio W. CONSHOHOCKEN, PA 64,47964.5k $19.5m $19.5m 1.27% Reduced -184 -184
82 Savant Capital, LLC 0.09% of their portfolio ROCKFORD, IL 63,32463.3k $19.1m $19.1m 0.09% Added +27.4k +27,393
83 Retirement Investment Advisors, Inc. 1.52% of their portfolio OKLAHOMA CITY, OK 62,61262.6k $18.9m $18.9m 1.52% Added +133 +133
84 Gallagher Fiduciary Advisors, LLC 0.71% of their portfolio ROLLING MEADOWS, IL 60,45260.5k $18.3m $18.3m 0.71% Added +3.5k +3,496
85 BENJAMIN EDWARDS INC 0.18% of their portfolio Clayton, MO 59,64459.6k $18.0m $18.0m 0.18% Added +6.7k +6,685
86 Robinswood Financial LLC 5.62% of their portfolio KIRKLAND, WA 59,04759.0k $17.8m $17.8m 5.62% Added +1.2k +1,234
87 Asset Management Group, Inc. 2.88% of their portfolio STAMFORD, CT 58,98859.0k $17.8m $17.8m 2.88% Reduced -359 -359
88 RS CRUM INC. 3.21% of their portfolio Newport Beach, CA 54,93854.9k $16.6m $16.6m 3.21% Added +963 +963
89 PRESILIUM PRIVATE WEALTH, LLC 2.92% of their portfolio RADNOR, PA 54,76754.8k $16.6m $16.6m 2.92% Added +2.4k +2,393
90 Pasadena Private Wealth, LLC 2.27% of their portfolio PASADENA, CA 54,22954.2k $16.4m $16.4m 2.27% Reduced -2.4k -2,427
91 OpenArc Corporate Advisory, LLC 0.23% of their portfolio ATLANTA, GA 52,67852.7k $15.9m $15.9m 0.23% Added +29.7k +29,713
92 PEAPACK GLADSTONE FINANCIAL CORP 0.20% of their portfolio BEDMINSTER, NJ 51,62551.6k $15.6m $15.6m 0.20% Reduced -1.7k -1,682
93 Praetorian Wealth Management, Inc. 3.10% of their portfolio CARMEL, CA 51,38751.4k $16.3m $16.3m 3.10% Added +1.1k +1,143
94 Vawter Financial, Ltd. 6.48% of their portfolio COLUMBUS, OH 50,96251.0k $15.4m $15.4m 6.48% Reduced -2.0k -2,026
95 Avantax Planning Partners, Inc. 0.42% of their portfolio DUBUQUE, IA 50,52750.5k $15.3m $15.3m 0.42% Reduced -495 -495
96 IFP Advisors, Inc 0.32% of their portfolio TAMPA, FL 50,30350.3k $15.2m $15.2m 0.32% Added +4.4k +4,356
97 INSPIRION WEALTH ADVISORS, LLC 1.89% of their portfolio LIBERTYVILLE, IL 50,06850.1k $15.1m $15.1m 1.89% Reduced -13.0k -12,979
98 CAPTRUST FINANCIAL ADVISORS 0.03% of their portfolio RALEIGH, NC 48,30748.3k $14.6m $14.6m 0.03% Added +267 +267
99 Sanctuary Advisors, LLC 0.08% of their portfolio INDIANAPOLIS, IN 47,88347.9k $14.5m $14.5m 0.08% Reduced -1.2k -1,173
100 Arax Advisory Partners 0.41% of their portfolio NEW YORK, NY 47,62547.6k $14.4m $14.4m 0.41% Added +3.2k +3,245