Vault-13

VANGUARD INDEX FDS VO

MID CAP ETF · ETP · CUSIP 922908629

2,175 institutional holders +45 vs Q1 2025
201,863,018201.9m shares reported held*
$56.4bnreported value*
126 new 845 added 796 reduced 79 sold out net bought ≈ $4.5bn (+16.5m 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 ($60.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $279.51. Options: 3 managers hold calls ($19.8m notional), 5 hold puts ($6.3m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

01k2k3kQ3 22: 1,506Q4 22: 1,621Q1 23: 1,621Q2 23: 1,657Q3 23: 1,656Q4 23: 1,835Q1 24: 1,868Q2 24: 1,889Q3 24: 1,936Q4 24: 2,142Q1 25: 2,130Q2 25: 2,1752,175Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 20221,506
Q4 20221,621
Q1 20231,621
Q2 20231,657
Q3 20231,656
Q4 20231,835
Q1 20241,868
Q2 20241,889
Q3 20241,936
Q4 20242,142
Q1 20252,130
Q2 20252,175

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ3 23: 841 bought or addedQ3 23: 609 cut or sold outQ4 23: 881 bought or addedQ4 23: 646 cut or sold outQ4 23Q1 24: 902 bought or addedQ1 24: 717 cut or sold outQ2 24: 808 bought or addedQ2 24: 764 cut or sold outQ2 24Q3 24: 966 bought or addedQ3 24: 683 cut or sold outQ4 24: 976 bought or addedQ4 24: 711 cut or sold outQ4 24Q1 25: 1,075 bought or addedQ1 25: 838 cut or sold outQ2 25: 971 bought or addedQ2 25: 875 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023841609
Q4 2023881646
Q1 2024902717
Q2 2024808764
Q3 2024966683
Q4 2024976711
Q1 20251,075838
Q2 2025971875

Calls vs puts

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

CallsPuts
$0$10m$20m$30mQ3 24 calls: $14.8mQ3 24 puts: $24.1mQ3 24P/C 1.63Q4 24 calls: $14.3mQ4 24 puts: $3.9mQ4 24P/C 0.27Q1 25 calls: $17.7mQ1 25 puts: $5.9mQ1 25P/C 0.33Q2 25 calls: $19.8mQ2 25 puts: $6.3mQ2 25P/C 0.32
Numbers
QuarterCallsPutsP/C
Q3 2024$14.8m$24.1m1.63
Q4 2024$14.3m$3.9m0.27
Q1 2025$17.7m$5.9m0.33
Q2 2025$19.8m$6.3m0.32

Biggest buyers

US BANCORP \DE\ Added +4,089,100+4.1m
JONES FINANCIAL COMPANIES LLLP Added +2,628,663+2.6m
Envestnet Portfolio Solutions, Inc. Added +2,506,352+2.5m
ROYAL BANK OF CANADA Added +1,590,474+1.6m
WELLS FARGO & COMPANY/MN Added +817,338+817.3k
REGIONS FINANCIAL CORP Added +703,311+703.3k
BANK OF AMERICA CORP /DE/ Added +629,430+629.4k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +482,160+482.2k
Rockefeller Capital Management L.P. Added +454,606+454.6k
RAYMOND JAMES FINANCIAL INC Added +382,607+382.6k

Biggest sellers

FINANCIAL COUNSELORS INC Sold out -872,371-872.4k
BNP PARIBAS FINANCIAL MARKETS Reduced -240,343-240.3k
JPMORGAN CHASE & CO Reduced -153,173-153.2k
TIAA TRUST, NATIONAL ASSOCIATION Reduced -152,688-152.7k
MERCER GLOBAL ADVISORS INC /ADV Reduced -110,585-110.6k
Ellevest, Inc. Reduced -97,418-97.4k
NATIONAL BANK OF CANADA /FI/ Reduced -91,542-91.5k
M Holdings Securities, Inc. Sold out -52,613-52.6k
Larson Financial Group LLC Reduced -51,367-51.4k
Cook Wealth, LLC Sold out -48,801-48.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $16.8m60.2k shares
JANE STREET GROUP, LLC Reduced $1.7m6.1k shares
CITADEL ADVISORS LLC Added $1.2m4.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.4m12.0k shares
CITADEL ADVISORS LLC Added $1.3m4.8k shares
BANK OF AMERICA CORP /DE/ Reduced $1.0m3.6k shares
JANE STREET GROUP, LLC Added $363.8k1.3k shares
McKinley Carter Wealth Services, Inc. Unchanged $251.8k900 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 WELLS FARGO & COMPANY/MN 1.53% of their portfolio SAN FRANCISCO, CA 24,779,83324.8m $6.9bn $6.9bn 1.53% Added +817.3k +817,338
2 JONES FINANCIAL COMPANIES LLLP 4.44% of their portfolio DES PERES, MO 20,981,55621.0m $5.9bn $5.9bn 4.44% Added +2.6m +2,628,663
3 BANK OF AMERICA CORP /DE/ 0.39% of their portfolio CHARLOTTE, NC 17,255,27517.3m $4.8bn $4.8bn 0.39% Added +629.4k +629,430
4 Creative Planning 2.01% of their portfolio OVERLAND PARK, KS 8,406,5208.4m $2.4bn $2.4bn 2.01% Added +194.5k +194,518
5 MORGAN STANLEY 0.15% of their portfolio NEW YORK, NY 8,041,4438.0m $2.3bn $2.3bn 0.15% Added +9.9k +9,936
6 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 1.37% of their portfolio MILWAUKEE, WI 6,733,3096.7m $1.9bn $1.9bn 1.37% Added +482.2k +482,160
7 RAYMOND JAMES FINANCIAL INC 0.63% of their portfolio ST. PETERSBURG, FL 6,568,6686.6m $1.8bn $1.8bn 0.63% Added +382.6k +382,607
8 UBS Group AG 0.33% of their portfolio ZURICH, V8 5,675,7835.7m $1.6bn $1.6bn 0.33% Added +51.8k +51,750
9 US BANCORP \DE\ 1.49% of their portfolio MINNEAPOLIS, MN 4,241,8454.2m $1.2bn $1.2bn 1.49% Added +4.1m +4,089,100
10 AMERIPRISE FINANCIAL INC 0.24% of their portfolio MINNEAPOLIS, MN 3,473,5703.5m $971.8m $971.8m 0.24% Added +85.0k +85,010
11 ENVESTNET ASSET MANAGEMENT INC 0.26% of their portfolio Berwyn, PA 3,210,8423.2m $898.5m $898.5m 0.26% Added +27.6k +27,625
12 ROYAL BANK OF CANADA 0.09% of their portfolio TORONTO, A6 3,130,9303.1m $876.1m $876.1m 0.09% Added +1.6m +1,590,474
13 LPL Financial LLC 0.28% of their portfolio FORT MILL, SC 2,966,7563.0m $830.2m $830.2m 0.28% Reduced -3.7k -3,685
14 NATIXIS ADVISORS, LLC 1.23% of their portfolio Boston, MA 2,761,3672.8m $772.7m $772.7m 1.23% Added +333.4k +333,426
15 Envestnet Portfolio Solutions, Inc. 2.64% of their portfolio BERWYN, PA 2,564,9802.6m $717.8m $717.8m 2.64% Added +2.5m +2,506,352
16 PNC Financial Services Group, Inc. 0.42% of their portfolio Pittsburgh, PA 2,315,3832.3m $647.9m $647.9m 0.42% Reduced -36.8k -36,771
17 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 2,146,0112.1m $600.5m $600.5m 0.04% Reduced -153.2k -153,173
18 Mariner, LLC 0.69% of their portfolio Overland Park, KS 1,709,4601.7m $478.4m $478.4m 0.69% Added +160.7k +160,710
19 CIBC Private Wealth Group LLC 0.83% of their portfolio ATLANTA, GA 1,666,8621.7m $466.4m $466.4m 0.83% Added +68.9k +68,910
20 TIAA TRUST, NATIONAL ASSOCIATION 1.11% of their portfolio CHARLOTTE, NC 1,523,7981.5m $426.4m $426.4m 1.11% Reduced -152.7k -152,688
21 Allworth Financial LP 1.92% of their portfolio FOLSOM, CA 1,430,6111.4m $400.3m $400.3m 1.92% Added +32.7k +32,726
22 JMG Financial Group, Ltd. 11.25% of their portfolio DOWNERS GROVE, IL 1,325,7651.3m $371.0m $371.0m 11.25% Reduced -19.5k -19,471
23 Wealthspire Advisors, LLC 1.92% of their portfolio NEW YORK, NY 1,217,9201.2m $340.8m $340.8m 1.92% Added +98.8k +98,834
24 Border to Coast Pensions Partnership Ltd 6.22% of their portfolio LEEDS, X0 1,210,1501.2m $338.6m $338.6m 6.22% Unchanged
25 COMMONWEALTH EQUITY SERVICES, LLC 0.44% of their portfolio WALTHAM, MA 1,184,4711.2m $331.4m $331.4m 0.44% Reduced -44.6k -44,593
26 Nicholas Hoffman & Company, LLC. 7.93% of their portfolio ATLANTA, GA 1,096,3101.1m $306.8m $306.8m 7.93% Added +236.0k +236,034
27 Bank of New York Mellon Corp 0.05% of their portfolio NEW YORK, NY 1,039,1541.0m $290.8m $290.8m 0.05% Reduced -11.2k -11,247
28 Rockefeller Capital Management L.P. 0.31% of their portfolio NEW YORK, NY 959,986960.0k $268.6m $268.6m 0.31% Added +454.6k +454,606
29 Midwest Trust Co 3.67% of their portfolio Overland Park, KS 947,793947.8k $265.2m $265.2m 3.67% First filing
30 Cetera Investment Advisers 0.44% of their portfolio SCHAUMBURG, IL 941,545941.5k $263.5m $263.5m 0.44% Added +145.5k +145,540
31 Kestra Investment Management, LLC 3.84% of their portfolio AUSTIN, TX 924,132924.1k $249.3m $249.3m 3.84% Added +49.5k +49,534
32 Cerity Partners LLC 0.46% of their portfolio NEW YORK, NY 921,472921.5k $258.3m $258.3m 0.46% Added +128.9k +128,923
33 HighTower Advisors, LLC 0.31% of their portfolio CHICAGO, IL 870,194870.2k $243.5m $243.5m 0.31% Reduced -8.4k -8,437
34 REGIONS FINANCIAL CORP 1.63% of their portfolio BIRMINGHAM, AL 846,877846.9k $237.0m $237.0m 1.63% Added +703.3k +703,311
35 MONETA GROUP INVESTMENT ADVISORS LLC 2.55% of their portfolio ST LOUIS, MO 765,000765.0k $214.1m $214.1m 2.55% Added +111.6k +111,604
36 GOLDMAN SACHS GROUP INC 0.03% of their portfolio NEW YORK, NY 731,640731.6k $204.7m $204.7m 0.03% Added +11.6k +11,642
37 Clearstead Advisors, LLC 2.72% of their portfolio CLEVELAND, OH 691,819691.8k $193.6m $193.6m 2.72% Added +5.5k +5,470
38 OSAIC HOLDINGS, INC. 0.34% of their portfolio SCOTTSDALE, AZ 686,338686.3k $191.7m $191.7m 0.34% Added +3.3k +3,298
39 BANK OF MONTREAL /CAN/ 0.10% of their portfolio TORONTO, A6 679,323679.3k $190.1m $190.1m 0.10% Added +24.9k +24,870
40 STIFEL FINANCIAL CORP 0.18% of their portfolio ST. LOUIS, MO 651,434651.4k $182.3m $182.3m 0.18% Added +34.3k +34,315
41 Pathstone Holdings, LLC 0.66% of their portfolio ENGLEWOOD, NJ 624,581624.6k $166.7m $166.7m 0.66% Added +23.6k +23,603
42 MERCER GLOBAL ADVISORS INC /ADV 0.39% of their portfolio DENVER, CO 613,161613.2k $171.7m $171.7m 0.39% Reduced -110.6k -110,585
43 Beacon Pointe Advisors, LLC 1.74% of their portfolio NEWPORT BEACH, CA 595,354595.4k $166.6m $166.6m 1.74% Reduced -8.1k -8,092
44 First Command Advisory Services, Inc. 1.35% of their portfolio FORT WORTH, TX 561,518561.5k $157.1m $157.1m 1.35% Added +16.1k +16,069
45 1832 Asset Management L.P. 0.26% of their portfolio TORONTO, A6 538,967539.0k $150.8m $150.8m 0.26% Added +104.2k +104,177
46 Baird Financial Group, Inc. 0.26% of their portfolio MILWAUKEE, WI 538,132538.1k $150.6m $150.6m 0.26% Added +4.4k +4,383
47 TRUIST FINANCIAL CORP 0.22% of their portfolio CHARLOTTE, NC 534,240534.2k $149.5m $149.5m 0.22% Reduced -28.5k -28,477
48 MassMutual Private Wealth & Trust, FSB 3.93% of their portfolio Windsor, CT 526,618526.6k $147.4m $147.4m 3.93% Added +9.8k +9,758
49 FMR LLC 0.01% of their portfolio BOSTON, MA 479,531479.5k $134.2m $134.2m 0.01% Added +107.4k +107,363
50 FIFTH THIRD BANCORP 0.41% of their portfolio CINCINNATI, OH 426,309426.3k $119.3m $119.3m 0.41% Reduced -7.2k -7,150
51 MML INVESTORS SERVICES, LLC 0.34% of their portfolio SPRINGFIELD, MA 424,700424.7k $118.8m $118.8m 0.34% Added +100.3k +100,307
52 Cullen/Frost Bankers, Inc. 1.49% of their portfolio San Antonio, TX 423,957424.0k $118.6m $118.6m 1.49% Added +13.6k +13,599
53 Joel Isaacson & Co., LLC 4.80% of their portfolio NEW YORK, NY 422,165422.2k $118.1m $118.1m 4.80% Added +23.8k +23,802
54 Millburn Ridgefield LLC /DE/ 2.72% of their portfolio New York, NY 404,194404.2k $113.1m $113.1m 2.72% Unchanged
55 Catalyst Capital Advisors LLC 2.28% of their portfolio San Juan, PR 404,194404.2k $113.1m $113.1m 2.28% Unchanged
56 Bleakley Financial Group, LLC 2.85% of their portfolio PARSIPPANY, NJ 400,702400.7k $112.1m $112.1m 2.85% Added +61.3k +61,290
57 INVICTUS PRIVATE WEALTH, LLC 7.64% of their portfolio Denver, CO 398,534398.5k $111.5m $111.5m 7.64% Added +14.5k +14,486
58 Corient Private Wealth LP 0.15% of their portfolio MIAMI, FL 395,148395.1k $110.6m $110.6m 0.15% Added +2.8k +2,766
59 Choate Investment Advisors 2.38% of their portfolio BOSTON, MA 392,534392.5k $109.8m $109.8m 2.38% Reduced -22.1k -22,093
60 Financial Synergies Wealth Advisors, Inc. 11.16% of their portfolio HOUSTON, TX 366,230366.2k $102.5m $102.5m 11.16% Added +3.2k +3,214
61 ASSETMARK, INC 0.24% of their portfolio CONCORD, CA 363,792363.8k $101.8m $101.8m 0.24% Added +20.1k +20,143
62 Chicago Partners Investment Group LLC 2.99% of their portfolio CHICAGO, IL 360,503360.5k $103.8m $103.8m 2.99% Added +5.3k +5,268
63 Janney Montgomery Scott LLC 0.26% of their portfolio PHILADELPHIA, PA 358,215358.2k $100.2m $100.2m 0.26% Added +2.1k +2,114
64 CBIZ Investment Advisory Services, LLC 4.37% of their portfolio INDEPENDENCE, OH 352,513352.5k $98.7m $98.7m 4.37% Added +12.6k +12,576
65 CAPTRUST FINANCIAL ADVISORS 0.21% of their portfolio RALEIGH, NC 343,668343.7k $96.2m $96.2m 0.21% Reduced -46.3k -46,300
66 TRUSTMARK BANK TRUST DEPARTMENT 6.43% of their portfolio JACKSON, MS 332,776332.8k $93.1m $93.1m 6.43% Added +1.7k +1,651
67 Cresset Asset Management, LLC 0.47% of their portfolio Chicago, IL 331,969332.0k $93.2m $93.2m 0.47% Reduced -37.6k -37,600
68 Equitable Holdings, Inc. 0.74% of their portfolio NEW YORK, NY 321,485321.5k $90.0m $90.0m 0.74% Added +15.1k +15,077
69 Pine Ridge Advisers LLC 6.44% of their portfolio NEW YORK, NY 313,782313.8k $87.8m $87.8m 6.44% Added +1.2k +1,250
70 Kestra Advisory Services, LLC 0.42% of their portfolio AUSTIN, TX 305,492305.5k $85.5m $85.5m 0.42% Added +32.5k +32,454
71 National Philanthropic Trust 1.13% of their portfolio Jenkintown, PA 302,750302.8k $84.7m $84.7m 1.13% Added +9.2k +9,194
72 NewEdge Advisors, LLC 0.42% of their portfolio NEW ORLEANS, LA 290,919290.9k $81.4m $81.4m 0.42% Added +15.2k +15,177
73 CENTRAL TRUST Co 1.79% of their portfolio JEFFERSON CITY, MO 277,129277.1k $77.6m $77.6m 1.79% Added +8.0k +7,990
74 Nadler Financial Group, Inc. 7.87% of their portfolio DEERFIELD, IL 274,550274.6k $76.8m $76.8m 7.87% Added +3.5k +3,501
75 PITTENGER & ANDERSON INC 2.74% of their portfolio LINCOLN, NE 268,263268.3k $75.1m $75.1m 2.74% Added +3.4k +3,361
76 Smithfield Trust Co 3.44% of their portfolio PITTSBURGH, PA 259,988260.0k $72.8m $72.8m 3.44% Added +6.8k +6,764
77 OPPENHEIMER ASSET MANAGEMENT INC. 0.83% of their portfolio NEW YORK, NY 257,104257.1k $71.9m $71.9m 0.83% Reduced -1.3k -1,278
78 Larson Financial Group LLC 2.86% of their portfolio ST LOUIS, MO 254,419254.4k $71.2m $71.2m 2.86% Reduced -51.4k -51,367
79 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio Toronto, A6 253,324253.3k $70.9m $70.9m 0.06% Reduced -20.2k -20,230
80 Cambridge Investment Research Advisors, Inc. 0.21% of their portfolio FAIRFIELD, IA 251,044251.0k $70.2m $70.2m 0.21% Reduced -36.2k -36,178
81 AXXCESS WEALTH MANAGEMENT, LLC 1.68% of their portfolio CARLSBAD, CA 250,168250.2k $70.0m $70.0m 1.68% Added +164 +164
82 Betterment LLC 0.15% of their portfolio NEW YORK, NY 244,121244.1k $68.3m $68.3m 0.15% Added +106.4k +106,402
83 Schneider Downs Wealth Management Advisors, LP 10.02% of their portfolio Pittsburgh, PA 239,614239.6k $67.1m $67.1m 10.02% Added +8.6k +8,616
84 Capital Asset Advisory Services LLC 3.12% of their portfolio Williamston, MI 237,208237.2k $66.8m $66.8m 3.12% Added +6.1k +6,092
85 Connecticut Wealth Management, LLC 3.05% of their portfolio FARMINGTON, CT 228,910228.9k $64.1m $64.1m 3.05% Added +25.1k +25,111
86 Venture Visionary Partners LLC 2.38% of their portfolio Sylvania, OH 226,096226.1k $63.3m $63.3m 2.38% Added +4.1k +4,095
87 Private Advisor Group, LLC 0.34% of their portfolio MORRISTOWN, NJ 225,957226.0k $63.2m $63.2m 0.34% Reduced -3.4k -3,375
88 PEAPACK GLADSTONE FINANCIAL CORP 0.89% of their portfolio BEDMINSTER, NJ 225,517225.5k $63.1m $63.1m 0.89% Added +4.3k +4,294
89 SilverOak Wealth Management LLC 11.73% of their portfolio Edina, MN 223,290223.3k $62.5m $62.5m 11.73% Added +17.7k +17,697
90 PDS Planning, Inc 4.57% of their portfolio DUBLIN, OH 219,083219.1k $61.3m $61.3m 4.57% Added +11.5k +11,508
91 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.10% of their portfolio PLYMOUTH, MN 216,223216.2k $61.3m $61.3m 0.10% Added +21.6k +21,557
92 Northwest Quadrant Wealth Management, LLC 12.59% of their portfolio BEND, OR 201,804201.8k $56.5m $56.5m 12.59% Reduced -1.1k -1,104
93 CX Institutional 1.94% of their portfolio AUBURN, IN 198,417198.4k $55.5m $55.5m 1.94% Reduced -26.0k -26,047
94 COMERICA BANK 0.21% of their portfolio DALLAS, TX 197,230197.2k $55.2m $55.2m 0.21% Added +3.9k +3,908
95 Merit Financial Group, LLC 0.62% of their portfolio ALPHARETTA, GA 197,035197.0k $55.1m $55.1m 0.62% Added +43.1k +43,089
96 &PARTNERS 0.42% of their portfolio NASHVILLE, TN 195,291195.3k $54.6m $54.6m 0.42% Added +4.4k +4,436
97 BESSEMER GROUP INC 0.09% of their portfolio WOODBRIDGE, NJ 193,818193.8k $54.2m $54.2m 0.09% Added +25.1k +25,139
98 CITIZENS FINANCIAL GROUP INC/RI 0.86% of their portfolio PROVIDENCE, RI 191,666191.7k $53.8m $53.8m 0.86% Reduced -6.6k -6,588
99 New York Life Investment Management LLC 0.49% of their portfolio New York, NY 187,020187.0k $52.3m $52.3m 0.49% Added +5.6k +5,564
100 LEAVELL INVESTMENT MANAGEMENT, INC. 2.33% of their portfolio MOBILE, AL 184,840184.8k $51.9m $51.9m 2.33% Added +2.7k +2,739