Vault-13

VANGUARD INDEX FDS VBR

SM CP VAL ETF · ETP · CUSIP 922908611

1,372 institutional holders -7 vs Q1 2024
89,669,76289.7m shares reported held*
$16.1bnreported value*
60 new 490 added 531 reduced 71 sold out net sold ≈ $1.5bn (-6.8m 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 ($71.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $179.75. Options: 2 managers hold calls ($7.4m notional), 2 hold puts ($3.8m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 1,090Q4 22: 1,221Q1 23: 1,209Q2 23: 1,239Q3 23: 1,241Q4 23: 1,386Q1 24: 1,379Q2 24: 1,3721,372Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 20221,090
Q4 20221,221
Q1 20231,209
Q2 20231,239
Q3 20231,241
Q4 20231,386
Q1 20241,379
Q2 20241,372

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 586 bought or addedQ4 22: 426 cut or sold outQ4 22Q1 23: 569 bought or addedQ1 23: 498 cut or sold outQ2 23: 555 bought or addedQ2 23: 522 cut or sold outQ2 23Q3 23: 565 bought or addedQ3 23: 494 cut or sold outQ4 23: 606 bought or addedQ4 23: 527 cut or sold outQ4 23Q1 24: 595 bought or addedQ1 24: 603 cut or sold outQ2 24: 550 bought or addedQ2 24: 602 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022586426
Q1 2023569498
Q2 2023555522
Q3 2023565494
Q4 2023606527
Q1 2024595603
Q2 2024550602

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 23 calls: $10.0mQ3 23 puts: $3.4mQ3 23P/C 0.34Q4 23 calls: $31.7mQ4 23 puts: $6.1mQ4 23P/C 0.19Q1 24 calls: $11.3mQ1 24 puts: $3.5mQ1 24P/C 0.31Q2 24 calls: $7.4mQ2 24 puts: $3.8mQ2 24P/C 0.51
Numbers
QuarterCallsPutsP/C
Q3 2023$10.0m$3.4m0.34
Q4 2023$31.7m$6.1m0.19
Q1 2024$11.3m$3.5m0.31
Q2 2024$7.4m$3.8m0.51

Biggest buyers

Axiom Advisory, LLC Added +1,328,499+1.3m
Essex Financial Services, Inc. Added +1,203,191+1.2m
BANK OF AMERICA CORP /DE/ Added +1,025,486+1.0m
Focus Partners Wealth Added +273,140+273.1k
Strategic Financial Concepts, LLC Added +245,922+245.9k
Symmetry Partners, LLC Added +220,661+220.7k
ASSETMARK, INC Added +143,484+143.5k
SEI INVESTMENTS CO Added +69,169+69.2k
ASPIRIANT, LLC Added +67,776+67.8k
BNP PARIBAS FINANCIAL MARKETS New +50,000+50.0k

Biggest sellers

MORGAN STANLEY Reduced -8,614,445-8.6m
JONES FINANCIAL COMPANIES LLLP Reduced -684,763-684.8k
SageView Advisory Group, LLC Reduced -465,132-465.1k
Betterment LLC Reduced -427,944-427.9k
PNC Financial Services Group, Inc. Reduced -236,210-236.2k
Global Assets Advisory, LLC Reduced -225,543-225.5k
Empowered Funds, LLC Reduced -184,110-184.1k
Foster Group, Inc. Reduced -166,931-166.9k
Savant Capital, LLC Reduced -115,191-115.2k
AMERIPRISE FINANCIAL INC Reduced -76,433-76.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.5m35.4k shares
CITADEL ADVISORS LLC Added $930.9k5.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.6m19.9k shares
CITADEL ADVISORS LLC Reduced $127.8k700 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 BANK OF AMERICA CORP /DE/ 0.29% of their portfolio CHARLOTTE, NC 16,792,97616.8m $3.1bn $3.1bn 0.29% Added +1.0m +1,025,486
2 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 3,878,8813.9m $708.0m $708.0m 0.05% Reduced -8.6m -8,614,445
3 Betterment LLC 1.81% of their portfolio NEW YORK, NY 3,833,6613.8m $699.7m $699.7m 1.81% Reduced -427.9k -427,944
4 ASSETMARK, INC 2.08% of their portfolio CONCORD, CA 3,678,3483.7m $671.4m $671.4m 2.08% Added +143.5k +143,484
5 JONES FINANCIAL COMPANIES LLLP 0.50% of their portfolio DES PERES, MO 2,352,2112.4m $429.3m $429.3m 0.50% Reduced -684.8k -684,763
6 ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio Berwyn, PA 2,188,6282.2m $399.5m $399.5m 0.14% Added +15.2k +15,238
7 WELLS FARGO & COMPANY/MN 0.07% of their portfolio SAN FRANCISCO, CA 1,565,8281.6m $285.8m $285.8m 0.07% Reduced -4.7k -4,733
8 UBS Group AG 0.09% of their portfolio ZURICH, V8 1,519,0521.5m $277.3m $277.3m 0.09% Reduced -8.8k -8,829
9 MATHER GROUP, LLC. 3.43% of their portfolio CHICAGO, IL 1,452,1211.5m $278.6m $278.6m 3.43% Added +14.6k +14,596
10 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 1,445,4511.4m $263.8m $263.8m 0.05% Reduced -33.6k -33,576
11 Axiom Advisory, LLC 2.72% of their portfolio SAN DIEGO, CA 1,349,7011.3m $249.3m $249.3m 2.72% Added +1.3m +1,328,499
12 SEI INVESTMENTS CO 0.35% of their portfolio OAKS, PA 1,336,0041.3m $243.9m $243.9m 0.35% Added +69.2k +69,169
13 Essex Financial Services, Inc. 0.38% of their portfolio ESSEX, CT 1,220,7781.2m $5.1m $5.1m 0.38% Added +1.2m +1,203,191
14 LPL Financial LLC 0.10% of their portfolio FORT MILL, SC 1,150,3611.2m $210.0m $210.0m 0.10% Added +17.2k +17,226
15 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 1,088,5841.1m $198.7m $198.7m 0.01% Added +10.6k +10,594
16 CHOREO, LLC 2.58% of their portfolio ROCKFORD, IL 850,822850.8k $153.6m $153.6m 2.58% Reduced -34.7k -34,706
17 ASPIRIANT, LLC 6.11% of their portfolio San Francisco, CA 820,871820.9k $149.8m $149.8m 6.11% Added +67.8k +67,776
18 PNC Financial Services Group, Inc. 0.10% of their portfolio Pittsburgh, PA 795,036795.0k $145.1m $145.1m 0.10% Reduced -236.2k -236,210
19 OSAIC HOLDINGS, INC. 0.31% of their portfolio SCOTTSDALE, AZ 717,682717.7k $131.1m $131.1m 0.31% Reduced -5.6k -5,578
20 Allworth Financial LP 0.86% of their portfolio FOLSOM, CA 696,868696.9k $133.5m $133.5m 0.86% Added +11.1k +11,103
21 HighTower Advisors, LLC 0.20% of their portfolio CHICAGO, IL 693,430693.4k $126.6m $126.6m 0.20% Reduced -54.9k -54,901
22 TIAA TRUST, NATIONAL ASSOCIATION 0.38% of their portfolio CHARLOTTE, NC 682,735682.7k $124.6m $124.6m 0.38% Added +3.3k +3,251
23 AMERIPRISE FINANCIAL INC 0.03% of their portfolio MINNEAPOLIS, MN 650,071650.1k $118.6m $118.6m 0.03% Reduced -76.4k -76,433
24 COMMONWEALTH EQUITY SERVICES, LLC 0.18% of their portfolio WALTHAM, MA 623,769623.8k $113.8m $113.8m 0.18% Added +6.5k +6,519
25 Cetera Investment Advisers 0.25% of their portfolio SCHAUMBURG, IL 606,147606.1k $110.6m $110.6m 0.25% Added +3.7k +3,684
26 Efficient Advisors, LLC 6.93% of their portfolio BEAVERTON, OR 585,468585.5k $106.9m $106.9m 6.93% Reduced -12.2k -12,217
27 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 513,713513.7k $94.9m $94.9m 0.03% Reduced -10.0k -10,028
28 Raymond James Financial Services Advisors, Inc. 0.13% of their portfolio ST. PETERSBURG, FL 508,818508.8k $92.9m $92.9m 0.13% Added +34.2k +34,174
29 Focus Partners Wealth 0.31% of their portfolio ST LOUIS, MO 507,150507.1k $92.6m $92.6m 0.31% Added +273.1k +273,140
30 Symmetry Partners, LLC 4.66% of their portfolio GLASTONBURY, CT 495,927495.9k $90.5m $90.5m 4.66% Added +220.7k +220,661
31 Mill Creek Capital Advisors, LLC 2.22% of their portfolio Conshohocken, PA 477,777477.8k $87.2m $87.2m 2.22% Reduced -75.6k -75,600
32 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 472,647472.6k $86.3m $86.3m 0.02% Reduced -12.8k -12,820
33 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.67% of their portfolio IRVING, TX 429,435429.4k $78.4m $78.4m 0.67% Reduced -10.5k -10,534
34 Rockefeller Capital Management L.P. 0.21% of their portfolio NEW YORK, NY 402,989403.0k $73.6m $73.6m 0.21% Reduced -4.4k -4,393
35 RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio ST PETERSBURG, FL 389,334389.3k $71.1m $71.1m 0.05% Added +18.8k +18,759
36 Retirement Systems of Alabama 0.27% of their portfolio MONTGOMERY, AL 382,480382.5k $69.8m $69.8m 0.27% Unchanged
37 STEPHENS GROUP ASSET MANAGEMENT, LLC 6.29% of their portfolio LITTLE ROCK, AR 377,573377.6k $68.9m $68.9m 6.29% Added +4.9k +4,915
38 Mariner, LLC 0.13% of their portfolio Overland Park, KS 375,927375.9k $68.6m $68.6m 0.13% Added +2.6k +2,640
39 RWA WEALTH PARTNERS, LLC 0.90% of their portfolio BOSTON, MA 374,742374.7k $68.4m $68.4m 0.90% Added +6.8k +6,771
40 PDS Planning, Inc 6.83% of their portfolio DUBLIN, OH 371,074371.1k $67.7m $67.7m 6.83% Added +8.7k +8,710
41 MONETA GROUP INVESTMENT ADVISORS LLC 1.01% of their portfolio ST LOUIS, MO 346,313346.3k $63.2m $63.2m 1.01% Added +2.9k +2,855
42 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.06% of their portfolio MILWAUKEE, WI 324,958325.0k $59.3m $59.3m 0.06% Reduced -3.0k -3,029
43 Comprehensive Financial Management LLC 2.10% of their portfolio Los Gatos, CA 324,376324.4k $59.5m $59.5m 2.10% Reduced -52.5k -52,500
44 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.14% of their portfolio PLYMOUTH, MN 324,199324.2k $59.2m $59.2m 0.14% Added +4.8k +4,832
45 Modera Wealth Management, LLC 0.85% of their portfolio WESTWOOD, NJ 317,270317.3k $57.9m $57.9m 0.85% Added +23.8k +23,801
46 Savant Capital, LLC 0.57% of their portfolio ROCKFORD, IL 313,239313.2k $57.2m $57.2m 0.57% Reduced -115.2k -115,191
47 Retirement Investment Advisors, Inc. 6.93% of their portfolio OKLAHOMA CITY, OK 312,693312.7k $57.1m $57.1m 6.93% First filing
48 1832 Asset Management L.P. 0.10% of their portfolio TORONTO, A6 311,387311.4k $56.8m $56.8m 0.10% Reduced -641 -641
49 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio SAN FRANCISCO, CA 310,787310.8k $56.7m $56.7m 0.01% Reduced -13.8k -13,844
50 EXENCIAL WEALTH ADVISORS, LLC 2.07% of their portfolio OKLAHOMA CITY, OK 300,814300.8k $54.9m $54.9m 2.07% Reduced -31.7k -31,666
51 Rodgers & Associates, LTD 7.02% of their portfolio Lancaster, PA 298,763298.8k $54.5m $54.5m 7.02% Added +3.2k +3,192
52 STIFEL FINANCIAL CORP 0.06% of their portfolio ST. LOUIS, MO 297,539297.5k $54.3m $54.3m 0.06% Reduced -15.1k -15,055
53 Verus Financial Partners, Inc. 6.21% of their portfolio RICHMOND, VA 292,818292.8k $53.4m $53.4m 6.21% Reduced -631 -631
54 JMG Financial Group, Ltd. 1.96% of their portfolio DOWNERS GROVE, IL 287,007287.0k $52.4m $52.4m 1.96% Added +1.3k +1,261
55 PARK AVENUE SECURITIES LLC 0.64% of their portfolio NEW YORK, NY 286,021286.0k $52.2m $52.2m 0.64% Added +22.5k +22,471
56 Mason Investment Advisory Services, Inc. 3.22% of their portfolio RESTON, VA 285,141285.1k $52.0m $52.0m 3.22% Added +3.5k +3,510
57 Mokosak Advisory Group, LLC 16.62% of their portfolio URBANDALE, IA 275,450275.4k $50.3m $50.3m 16.62% Added +2.8k +2,817
58 Bragg Financial Advisors, Inc 2.19% of their portfolio CHARLOTTE, NC 268,493268.5k $49.0m $49.0m 2.19% Added +8.2k +8,226
59 Cresset Asset Management, LLC 0.21% of their portfolio Chicago, IL 266,306266.3k $48.9m $48.9m 0.21% Added +17.9k +17,883
60 Cerity Partners LLC 0.13% of their portfolio NEW YORK, NY 260,765260.8k $47.6m $47.6m 0.13% Added +28.9k +28,949
61 Strategic Financial Concepts, LLC 0.00% of their portfolio SAN ANTONIO, TX 247,807247.8k $5.3k $5.3k 0.00% Added +245.9k +245,922
62 Center for Financial Planning, Inc. 6.49% of their portfolio SOUTHFIED, MI 245,894245.9k $44.9m $44.9m 6.49% Added +2.0k +1,961
63 Creative Planning 0.05% of their portfolio OVERLAND PARK, KS 244,171244.2k $44.6m $44.6m 0.05% Added +1.5k +1,539
64 Zhang Financial LLC 3.10% of their portfolio PORTAGE, MI 242,984243.0k $44.3m $44.3m 3.10% Added +1.5k +1,488
65 STEPHENS INC /AR/ 0.66% of their portfolio LITTLE ROCK, AR 237,424237.4k $43.3m $43.3m 0.66% Added +39.0k +38,979
66 MML INVESTORS SERVICES, LLC 0.17% of their portfolio SPRINGFIELD, MA 233,852233.9k $42.7m $42.7m 0.17% Reduced -19.2k -19,180
67 THOMPSON SIEGEL & WALMSLEY LLC 0.68% of their portfolio RICHMOND, VA 232,988233.0k $42.5m $42.5m 0.68% Added +2.0k +2,005
68 Foster Group, Inc. 1.64% of their portfolio WEST DES MOINES, IA 228,690228.7k $41.7m $41.7m 1.64% Reduced -166.9k -166,931
69 BAILARD, INC. 1.14% of their portfolio Foster City, CA 227,499227.5k $41.5m $41.5m 1.14% Reduced -5.9k -5,917
70 INSPIRION WEALTH ADVISORS, LLC 6.13% of their portfolio LIBERTYVILLE, IL 219,564219.6k $40.1m $40.1m 6.13% Added +6.0k +6,002
71 Merriman Wealth Management, LLC 1.75% of their portfolio SEATTLE, WA 218,559218.6k $39.9m $39.9m 1.75% Reduced -462 -462
72 TRUIST FINANCIAL CORP 0.06% of their portfolio CHARLOTTE, NC 209,379209.4k $38.2m $38.2m 0.06% Reduced -2.8k -2,763
73 BUCKINGHAM STRATEGIC WEALTH, LLC 0.39% of their portfolio CLAYTON, MO 207,143207.1k $37.8m $37.8m 0.39% Reduced -6.5k -6,461
74 Equitable Holdings, Inc. 0.40% of their portfolio NEW YORK, NY 206,324206.3k $37.7m $37.7m 0.40% Reduced -36.3k -36,294
75 CAPTRUST FINANCIAL ADVISORS 0.12% of their portfolio RALEIGH, NC 204,911204.9k $37.4m $37.4m 0.12% Added +3.5k +3,549
76 LINCOLN NATIONAL CORP 1.24% of their portfolio RADNOR, PA 200,455200.5k $36.6m $36.6m 1.24% Reduced -55.6k -55,552
77 Abacus Planning Group, Inc. 6.90% of their portfolio COLUMBIA, SC 194,882194.9k $35.6m $35.6m 6.90% Reduced -5.9k -5,890
78 Summit Financial, LLC 1.62% of their portfolio PARSIPPANY, NJ 193,022193.0k $35.4m $35.4m 1.62% Added +1.5k +1,505
79 Shepherd Financial Partners LLC 4.45% of their portfolio WINCHESTER, MA 189,116189.1k $34.5m $34.5m 4.45% Added +1.0k +1,039
80 Cambridge Investment Research Advisors, Inc. 0.12% of their portfolio FAIRFIELD, IA 183,449183.4k $33.5m $33.5m 0.12% Reduced -12.3k -12,308
81 Waldron Private Wealth LLC 1.49% of their portfolio BRIDGEVILLE, PA 181,111181.1k $33.2m $33.2m 1.49% Reduced -4.1k -4,066
82 Atria Investments, Inc 0.42% of their portfolio Charlotte, NC 177,313177.3k $32.4m $32.4m 0.42% Reduced -29.7k -29,668
83 Henshaw Capital LLC 1.46% of their portfolio WOBURN, MA 177,150177.2k $32.3m $32.3m 1.46% Unchanged
84 25 LLC 15.22% of their portfolio ST. LOUIS, MO 175,641175.6k $32.1m $32.1m 15.22% Added +555 +555
85 Corient Private Wealth LP 0.05% of their portfolio MIAMI, FL 170,506170.5k $31.0m $31.0m 0.05% Added +1.4k +1,389
86 FMR LLC 0.00% of their portfolio BOSTON, MA 165,466165.5k $30.2m $30.2m 0.00% Added +5.7k +5,691
87 Gallagher Fiduciary Advisors, LLC 6.61% of their portfolio ROLLING MEADOWS, IL 161,587161.6k $29.5m $29.5m 6.61% Reduced -26.5k -26,506
88 MERCER GLOBAL ADVISORS INC /ADV 0.06% of their portfolio DENVER, CO 161,436161.4k $20.6m $20.6m 0.06% Added +49.5k +49,534
89 Strategies Wealth Advisors, LLC 4.16% of their portfolio GRAND RAPIDS, MI 156,576156.6k $28.6m $28.6m 4.16% Reduced -4.2k -4,226
90 NewEdge Advisors, LLC 0.21% of their portfolio NEW ORLEANS, LA 156,565156.6k $28.6m $28.6m 0.21% Added +10.4k +10,363
91 Asset Management Group, Inc. 4.83% of their portfolio STAMFORD, CT 142,037142.0k $25.9m $25.9m 4.83% Added +3.3k +3,308
92 Baird Financial Group, Inc. 0.05% of their portfolio MILWAUKEE, WI 140,945140.9k $25.7m $25.7m 0.05% Added +2.2k +2,230
93 Coastline Trust Co 2.99% of their portfolio PROVIDENCE, RI 140,059140.1k $25.6m $25.6m 2.99% Reduced -1.6k -1,600
94 Marotta Asset Management 5.05% of their portfolio CHARLOTTESVILLE, VA 135,275135.3k $24.4m $24.4m 5.05% Reduced -301 -301
95 US BANCORP \DE\ 0.03% of their portfolio MINNEAPOLIS, MN 135,244135.2k $24.7m $24.7m 0.03% Reduced -2.4k -2,431
96 COMERICA BANK 0.10% of their portfolio DALLAS, TX 134,099134.1k $24.5m $24.5m 0.10% Reduced -2.9k -2,888
97 Wealth Architects, LLC 2.95% of their portfolio MOUNTAIN VIEW, CA 132,160132.2k $24.1m $24.1m 2.95% Reduced -1.1k -1,069
98 BHK Investment Advisors, LLC 9.28% of their portfolio BIRMINGHAM, AL 129,606129.6k $23.7m $23.7m 9.28% Reduced -4.4k -4,426
99 Northwest Quadrant Wealth Management, LLC 5.81% of their portfolio BEND, OR 129,358129.4k $23.6m $23.6m 5.81% Added +381 +381
100 NATIXIS ADVISORS, LLC 0.05% of their portfolio Boston, MA 128,150128.2k $23.4m $23.4m 0.05% Added +47.8k +47,761