Vault-13

VANGUARD INDEX FDS VV

LARGE CAP ETF · ETP · CUSIP 922908637

1,231 institutional holders +41 vs Q1 2025
103,550,108103.6m shares reported held*
$29.5bnreported value*
95 new 342 added 377 reduced 52 sold out net bought ≈ $937.3m (+3.6m 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 ($49.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $284.42. Options: 3 managers hold calls ($7.6m notional), 3 hold puts ($3.0m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 824Q4 22: 892Q1 23: 897Q2 23: 930Q3 23: 941Q4 23: 1,041Q1 24: 1,047Q2 24: 1,046Q3 24: 1,103Q4 24: 1,186Q1 25: 1,190Q2 25: 1,2311,231Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022824
Q4 2022892
Q1 2023897
Q2 2023930
Q3 2023941
Q4 20231,041
Q1 20241,047
Q2 20241,046
Q3 20241,103
Q4 20241,186
Q1 20251,190
Q2 20251,231

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q3 23: 341 bought or addedQ3 23: 378 cut or sold outQ4 23: 395 bought or addedQ4 23: 349 cut or sold outQ4 23Q1 24: 410 bought or addedQ1 24: 392 cut or sold outQ2 24: 361 bought or addedQ2 24: 393 cut or sold outQ2 24Q3 24: 429 bought or addedQ3 24: 390 cut or sold outQ4 24: 416 bought or addedQ4 24: 428 cut or sold outQ4 24Q1 25: 476 bought or addedQ1 25: 437 cut or sold outQ2 25: 437 bought or addedQ2 25: 429 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023341378
Q4 2023395349
Q1 2024410392
Q2 2024361393
Q3 2024429390
Q4 2024416428
Q1 2025476437
Q2 2025437429

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 24 calls: $7.5mQ3 24 puts: $34.7mQ3 24P/C 4.66Q4 24 calls: $10.5mQ4 24 puts: $11.1mQ4 24P/C 1.05Q1 25 calls: $8.9mQ1 25 puts: $5.6mQ1 25P/C 0.63Q2 25 calls: $7.6mQ2 25 puts: $3.0mQ2 25P/C 0.39
Numbers
QuarterCallsPutsP/C
Q3 2024$7.5m$34.7m4.66
Q4 2024$10.5m$11.1m1.05
Q1 2025$8.9m$5.6m0.63
Q2 2025$7.6m$3.0m0.39

Biggest buyers

ROYAL BANK OF CANADA Added +796,375+796.4k
JONES FINANCIAL COMPANIES LLLP Added +657,407+657.4k
Norinchukin Bank, The New +300,000+300.0k
Wealthspire Advisors, LLC Added +227,460+227.5k
Gibraltar Capital Management, Inc. Added +226,235+226.2k
ENVESTNET ASSET MANAGEMENT INC Added +193,655+193.7k
MONETA GROUP INVESTMENT ADVISORS LLC Added +183,713+183.7k
Plante Moran Financial Advisors, LLC Added +175,141+175.1k
Johnson Financial Group, LLC Added +173,152+173.2k
TWO SIGMA INVESTMENTS, LP New +156,400+156.4k

Biggest sellers

Balentine LLC Reduced -564,407-564.4k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -396,146-396.1k
BANK OF AMERICA CORP /DE/ Reduced -89,763-89.8k
FRANKLIN RESOURCES INC Reduced -86,855-86.9k
Creative Planning Reduced -86,346-86.3k
CacheTech Inc. Reduced -50,917-50.9k
Adams Wealth Management Reduced -50,079-50.1k
Sculati Wealth Management, LLC Reduced -49,688-49.7k
N.E.W. Advisory Services LLC Sold out -48,102-48.1k
Cresset Asset Management, LLC Reduced -45,559-45.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.7m12.8k shares
CITADEL ADVISORS LLC Added $3.3m11.4k shares
JANE STREET GROUP, LLC Added $713.2k2.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.9m10.3k shares
BANK OF AMERICA CORP /DE/ Unchanged $28.5k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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 JONES FINANCIAL COMPANIES LLLP 3.62% of their portfolio DES PERES, MO 16,788,18916.8m $4.8bn $4.8bn 3.62% Added +657.4k +657,407
2 Creative Planning 3.07% of their portfolio OVERLAND PARK, KS 12,591,61412.6m $3.6bn $3.6bn 3.07% Reduced -86.3k -86,346
3 National Mutual Insurance Federation of Agricultural Cooperatives 15.11% of their portfolio TOKYO, JAPAN, M0 6,543,3176.5m $1.9bn $1.9bn 15.11% Unchanged
4 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 3,594,8033.6m $1.0bn $1.0bn 0.02% Added +114.7k +114,678
5 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 2,926,6152.9m $835.0m $835.0m 0.07% Reduced -89.8k -89,763
6 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 2,828,3712.8m $806.9m $806.9m 0.05% Added +102.5k +102,501
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.58% of their portfolio MILWAUKEE, WI 2,776,7522.8m $792.2m $792.2m 0.58% Added +113.2k +113,224
8 UBS Group AG 0.13% of their portfolio ZURICH, V8 2,257,1232.3m $644.0m $644.0m 0.13% Added +32.3k +32,332
9 PNC Financial Services Group, Inc. 0.39% of their portfolio Pittsburgh, PA 2,123,4622.1m $605.8m $605.8m 0.39% Added +13.8k +13,798
10 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio SAN FRANCISCO, CA 1,943,7271.9m $554.5m $554.5m 0.10% Reduced -396.1k -396,146
11 Johnson Financial Group, LLC 43.56% of their portfolio Denver, CO 1,610,7841.6m $459.6m $459.6m 43.56% Added +173.2k +173,152
12 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 1,578,1901.6m $450.3m $450.3m 0.04% Added +796.4k +796,375
13 FMR LLC 0.03% of their portfolio BOSTON, MA 1,565,7891.6m $446.7m $446.7m 0.03% Reduced -21.8k -21,802
14 ENVESTNET ASSET MANAGEMENT INC 0.13% of their portfolio Berwyn, PA 1,545,1381.5m $440.8m $440.8m 0.13% Added +193.7k +193,655
15 WELLS FARGO & COMPANY/MN 0.10% of their portfolio SAN FRANCISCO, CA 1,520,6231.5m $433.8m $433.8m 0.10% Added +45.2k +45,172
16 MONETA GROUP INVESTMENT ADVISORS LLC 4.36% of their portfolio ST LOUIS, MO 1,282,1191.3m $365.8m $365.8m 4.36% Added +183.7k +183,713
17 TIAA TRUST, NATIONAL ASSOCIATION 0.83% of their portfolio CHARLOTTE, NC 1,123,0391.1m $320.4m $320.4m 0.83% Added +47.5k +47,544
18 Wealthspire Advisors, LLC 1.76% of their portfolio NEW YORK, NY 1,096,8781.1m $312.9m $312.9m 1.76% Added +227.5k +227,460
19 Capital Asset Advisory Services LLC 13.99% of their portfolio Williamston, MI 1,048,9311.0m $299.0m $299.0m 13.99% Added +4.6k +4,584
20 AXXCESS WEALTH MANAGEMENT, LLC 7.13% of their portfolio CARLSBAD, CA 1,041,8251.0m $297.2m $297.2m 7.13% Reduced -2.3k -2,314
21 LPL Financial LLC 0.08% of their portfolio FORT MILL, SC 806,765806.8k $230.2m $230.2m 0.08% Added +6.9k +6,904
22 Pathstone Holdings, LLC 0.90% of their portfolio ENGLEWOOD, NJ 800,963801.0k $228.5m $228.5m 0.90% Reduced -11.0k -10,972
23 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 800,400800.4k $228.4m $228.4m 0.06% Added +23.2k +23,212
24 Wealthfront Advisers LLC 0.58% of their portfolio Palo Alto, CA 787,211787.2k $224.6m $224.6m 0.58% Reduced -31.6k -31,601
25 JFG Wealth Management, LLC 45.28% of their portfolio Denver, CO 758,573758.6k $216.4m $216.4m 45.28% Added +36.8k +36,783
26 Wealthquest Corp 16.17% of their portfolio CINCINNATI, OH 718,552718.6k $205.0m $205.0m 16.17% Added +4.1k +4,090
27 RAYMOND JAMES FINANCIAL INC 0.07% of their portfolio ST. PETERSBURG, FL 710,811710.8k $202.8m $202.8m 0.07% Added +12.1k +12,096
28 Voya Financial Advisors, Inc. 19.67% of their portfolio WINDSOR, CT 685,315685.3k $195.0m $195.0m 19.67% Added +103.1k +103,051
29 Balentine LLC 6.71% of their portfolio ATLANTA, GA 604,047604.0k $172.3m $172.3m 6.71% Reduced -564.4k -564,407
30 Bleakley Financial Group, LLC 4.02% of their portfolio PARSIPPANY, NJ 554,389554.4k $158.2m $158.2m 4.02% Added +31.0k +31,034
31 Mariner, LLC 0.22% of their portfolio Overland Park, KS 525,269525.3k $149.8m $149.8m 0.22% Added +49.5k +49,464
32 Cresset Asset Management, LLC 0.75% of their portfolio Chicago, IL 520,573520.6k $149.0m $149.0m 0.75% Reduced -45.6k -45,559
33 James J. Burns & Company, LLC 24.14% of their portfolio MELVILLE, NY 518,733518.7k $148.0m $148.0m 24.14% Reduced -10.8k -10,808
34 Focus Partners Wealth 0.32% of their portfolio ST LOUIS, MO 511,017511.0k $145.8m $145.8m 0.32% Added +105.8k +105,792
35 COLDSTREAM CAPITAL MANAGEMENT INC 2.21% of their portfolio BELLEVUE, WA 473,129473.1k $135.0m $135.0m 2.21% Reduced -5.9k -5,943
36 Mason & Associates, LLC 33.79% of their portfolio NEWPORT NEWS, VA 471,739471.7k $134.6m $134.6m 33.79% Added +46.4k +46,368
37 GeoWealth Management, LLC 5.24% of their portfolio CHICAGO, IL 470,837470.8k $134.3m $134.3m 5.24% Added +48.5k +48,479
38 Millburn Ridgefield LLC /DE/ 2.97% of their portfolio New York, NY 432,707432.7k $123.5m $123.5m 2.97% Reduced -22.4k -22,396
39 Catalyst Capital Advisors LLC 2.49% of their portfolio San Juan, PR 432,707432.7k $123.5m $123.5m 2.49% Reduced -22.4k -22,396
40 Garde Capital, Inc. 6.60% of their portfolio SEATTLE, WA 432,039432.0k $123.3m $123.3m 6.60% Added +665 +665
41 COMMONWEALTH EQUITY SERVICES, LLC 0.15% of their portfolio WALTHAM, MA 395,745395.7k $112.9m $112.9m 0.15% Reduced -311 -311
42 SIGNATUREFD, LLC 1.91% of their portfolio ATLANTA, GA 392,816392.8k $112.1m $112.1m 1.91% Reduced -6.9k -6,855
43 Ballentine Partners, LLC 1.68% of their portfolio Waltham, MA 390,493390.5k $111.4m $111.4m 1.68% Added +188 +188
44 Baltimore-Washington Financial Advisors, Inc. 4.95% of their portfolio Columbia, MD 372,042372.0k $106.1m $106.1m 4.95% Reduced -13.7k -13,693
45 Cetera Investment Advisers 0.18% of their portfolio SCHAUMBURG, IL 366,165366.2k $104.5m $104.5m 0.18% Added +26.8k +26,808
46 Heartwood Wealth Advisors LLC 10.49% of their portfolio RICHMOND, VA 352,178352.2k $100.5m $100.5m 10.49% Added +3.6k +3,622
47 PITTENGER & ANDERSON INC 3.45% of their portfolio LINCOLN, NE 331,224331.2k $94.5m $94.5m 3.45% Added +1.2k +1,231
48 Plante Moran Financial Advisors, LLC 6.61% of their portfolio SOUTHFIELD, MI 329,513329.5k $94.0m $94.0m 6.61% Added +175.1k +175,141
49 Equitable Holdings, Inc. 0.77% of their portfolio NEW YORK, NY 328,031328.0k $93.6m $93.6m 0.77% Added +7.5k +7,526
50 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 320,589320.6k $91.5m $91.5m 0.01% Added +46.6k +46,556
51 Truepoint, Inc. 2.21% of their portfolio CINCINNATI, OH 311,394311.4k $88.8m $88.8m 2.21% Reduced -298 -298
52 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 304,457304.5k $86.9m $86.9m 0.01% Reduced -4.1k -4,146
53 MML INVESTORS SERVICES, LLC 0.25% of their portfolio SPRINGFIELD, MA 300,761300.8k $85.8m $85.8m 0.25% Added +5.5k +5,474
54 Norinchukin Bank, The 1.27% of their portfolio TOKYO, M0 300,000300.0k $85.6m $85.6m 1.27% New
55 MilWealth Group LLC 21.94% of their portfolio MILWAUKEE, WI 298,605298.6k $85.2m $85.2m 21.94% Added +3.9k +3,895
56 FIFTH THIRD BANCORP 0.29% of their portfolio CINCINNATI, OH 295,334295.3k $84.3m $84.3m 0.29% Reduced -5.0k -5,033
57 AGF MANAGEMENT LTD 0.35% of their portfolio TORONTO, A6 268,518268.5k $76.6m $76.6m 0.35% Reduced -973 -973
58 Gibraltar Capital Management, Inc. 2.31% of their portfolio TULSA, OK 266,865266.9k $11.8m $11.8m 2.31% Added +226.2k +226,235
59 Transamerica Financial Advisors, LLC 6.81% of their portfolio CEDAR RAPIDS, IA 254,442254.4k $72.6m $72.6m 6.81% Reduced -9.3k -9,318
60 CAPTRUST FINANCIAL ADVISORS 0.16% of their portfolio RALEIGH, NC 246,168246.2k $70.2m $70.2m 0.16% Added +2 +2
61 JUNCTURE WEALTH STRATEGIES, LLC 24.13% of their portfolio SCOTTSDALE, AZ 238,093238.1k $67.9m $67.9m 24.13% Added +2.5k +2,538
62 Parallel Advisors, LLC 1.33% of their portfolio SAN FRANCISCO, CA 233,612233.6k $66.6m $66.6m 1.33% Added +11.2k +11,177
63 Baker Avenue Asset Management, LP 1.87% of their portfolio SAN FRANCISCO, CA 230,728230.7k $65.8m $65.8m 1.87% Added +8.2k +8,186
64 IMA Advisory Services, Inc. 6.77% of their portfolio DENVER, CO 222,243222.2k $63.1m $63.1m 6.77% Added +14.0k +13,953
65 TRUST POINT INC. 5.90% of their portfolio LA CROSSE, WI 219,163219.2k $62.5m $62.5m 5.90% Reduced -14.6k -14,594
66 RIVERSEDGE ADVISORS, LLC 12.15% of their portfolio Wilmington, DE 217,692217.7k $62.1m $62.1m 12.15% Added +106.0k +106,011
67 Sunflower Bank, N.A. 15.10% of their portfolio DALLAS, TX 209,344209.3k $59.7m $59.7m 15.10% Added +19.8k +19,793
68 Addis & Hill, Inc 38.41% of their portfolio WAYNE, PA 206,179206.2k $58.8m $58.8m 38.41% Reduced -392 -392
69 Jaffetilchin Investment Partners, LLC 3.77% of their portfolio TAMPA, FL 202,141202.1k $57.7m $57.7m 3.77% Added +149 +149
70 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 193,838193.8k $55.3m $55.3m 0.10% Reduced -22.2k -22,229
71 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.09% of their portfolio PLYMOUTH, MN 186,108186.1k $53.7m $53.7m 0.09% Reduced -2.4k -2,441
72 Acropolis Investment Management, LLC 2.60% of their portfolio ST. LOUIS, MO 166,188166.2k $47.4m $47.4m 2.60% Added +17.2k +17,182
73 Badgley Phelps Wealth Managers, LLC 1.05% of their portfolio SEATTLE, WA 165,723165.7k $47.4m $47.4m 1.05% Added +1.6k +1,581
74 VSM Wealth Advisory, LLC 15.58% of their portfolio HUNT VALLEY, MD 165,286165.3k $47.2m $47.2m 15.58% Reduced -1.7k -1,666
75 QRG CAPITAL MANAGEMENT, INC. 0.41% of their portfolio BERWYN, PA 162,951163.0k $46.5m $46.5m 0.41% Added +6.7k +6,728
76 Rockefeller Capital Management L.P. 0.05% of their portfolio NEW YORK, NY 161,912161.9k $46.2m $46.2m 0.05% Added +81.7k +81,724
77 Haverford Trust Co 0.44% of their portfolio Radnor, PA 161,911161.9k $46.2m $46.2m 0.44% Added +10.0k +10,046
78 IEQ CAPITAL, LLC 0.28% of their portfolio Foster City, CA 160,826160.8k $45.9m $45.9m 0.28% Reduced -4.1k -4,055
79 TWO SIGMA INVESTMENTS, LP 0.08% of their portfolio NEW YORK, NY 156,400156.4k $44.6m $44.6m 0.08% New
80 Kathmere Capital Management, LLC 3.43% of their portfolio WAYNE, PA 156,138156.1k $44.5m $44.5m 3.43% Added +2.6k +2,631
81 JMG Financial Group, Ltd. 1.32% of their portfolio DOWNERS GROVE, IL 153,000153.0k $43.7m $43.7m 1.32% Reduced -876 -876
82 Hurlow Wealth Management Group, Inc. 12.02% of their portfolio BLOOMINGTON, IN 149,114149.1k $42.5m $42.5m 12.02% Added +5.7k +5,707
83 OBSIDIAN CIO, LLC 5.68% of their portfolio NEW YORK, NY 136,985137.0k $39.1m $39.1m 5.68% Reduced -11.8k -11,826
84 McIlrath & Eck, LLC 4.40% of their portfolio ARLINGTON, WA 135,139135.1k $38.6m $38.6m 4.40% Reduced -9.2k -9,180
85 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 6.99% of their portfolio BERMUDA RUN, NC 133,457133.5k $38.1m $38.1m 6.99% Added +2.4k +2,403
86 Cambridge Investment Research Advisors, Inc. 0.12% of their portfolio FAIRFIELD, IA 132,893132.9k $37.9m $37.9m 0.12% Reduced -2.5k -2,520
87 Pure Financial Advisors, LLC 0.65% of their portfolio SAN DIEGO, CA 129,189129.2k $36.9m $36.9m 0.65% Added +2.6k +2,552
88 Betterment LLC 0.07% of their portfolio NEW YORK, NY 117,766117.8k $33.6m $33.6m 0.07% Added +39.8k +39,750
89 MERCER GLOBAL ADVISORS INC /ADV 0.07% of their portfolio DENVER, CO 116,890116.9k $33.3m $33.3m 0.07% Reduced -461 -461
90 Cerity Partners LLC 0.06% of their portfolio NEW YORK, NY 116,786116.8k $33.3m $33.3m 0.06% Reduced -2.2k -2,241
91 Koesten, Hirschmann & Crabtree, INC. 17.15% of their portfolio OVERLAND PARK, KS 116,185116.2k $33.1m $33.1m 17.15% Added +4.2k +4,221
92 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 114,302114.3k $32.6m $32.6m 0.04% Added +10.7k +10,716
93 SAGE FINANCIAL GROUP INC 2.41% of their portfolio W. CONSHOHOCKEN, PA 114,287114.3k $32.6m $32.6m 2.41% Added +2.3k +2,272
94 Corient Private Wealth LP 0.04% of their portfolio MIAMI, FL 114,202114.2k $32.6m $32.6m 0.04% Reduced -10.4k -10,444
95 SCS Capital Management LLC 0.36% of their portfolio BOSTON, MA 113,825113.8k $32.5m $32.5m 0.36% Reduced -453 -453
96 COMERICA BANK 0.12% of their portfolio DALLAS, TX 112,349112.3k $32.1m $32.1m 0.12% Reduced -20.7k -20,724
97 Latigo Investments, LLC 16.01% of their portfolio FORT LAUDERDALE, FL 108,982109.0k $31.1m $31.1m 16.01% Unchanged
98 LEAVELL INVESTMENT MANAGEMENT, INC. 1.34% of their portfolio MOBILE, AL 104,807104.8k $30.0m $30.0m 1.34% Reduced -2.2k -2,180
99 OAK HILL WEALTH ADVISORS, LLC 5.73% of their portfolio LANSDOWNE, VA 96,55096.5k $27.6m $27.6m 5.73% Reduced -2.0k -1,971
100 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 94,91094.9k $27.1m $27.1m 0.04% Added +11.4k +11,361