Vault-13

VANGUARD INDEX FDS VV

LARGE CAP ETF · ETP · CUSIP 922908637

1,271 institutional holders +40 vs Q2 2025
103,531,211103.5m shares reported held*
$31.8bnreported value*
86 new 371 added 440 reduced 42 sold out net bought ≈ $234.7m (+525.2k 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 ($191.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $307.32. Options: 4 managers hold calls ($6.1m notional), 3 hold puts ($1.9m).

Trends to Q3 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: 1,231Q3 25: 1,2711,271Q3 22Q2 23Q1 24Q4 24Q3 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
Q3 20251,271

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q4 23: 395 bought or addedQ4 23: 349 cut or sold outQ1 24: 410 bought or addedQ1 24: 392 cut or sold outQ1 24Q2 24: 361 bought or addedQ2 24: 393 cut or sold outQ3 24: 429 bought or addedQ3 24: 390 cut or sold outQ3 24Q4 24: 416 bought or addedQ4 24: 428 cut or sold outQ1 25: 476 bought or addedQ1 25: 437 cut or sold outQ1 25Q2 25: 437 bought or addedQ2 25: 429 cut or sold outQ3 25: 457 bought or addedQ3 25: 482 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 2023395349
Q1 2024410392
Q2 2024361393
Q3 2024429390
Q4 2024416428
Q1 2025476437
Q2 2025437429
Q3 2025457482

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ4 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 0.39Q3 25 calls: $6.1mQ3 25 puts: $1.9mQ3 25P/C 0.31
Numbers
QuarterCallsPutsP/C
Q4 2024$10.5m$11.1m1.05
Q1 2025$8.9m$5.6m0.63
Q2 2025$7.6m$3.0m0.39
Q3 2025$6.1m$1.9m0.31

Biggest buyers

VANTAGEPOINT INVESTMENT ADVISERS LLC New +651,803+651.8k
JONES FINANCIAL COMPANIES LLLP Added +536,162+536.2k
Wealthquest Corp Added +462,228+462.2k
JPMORGAN CHASE & CO Added +309,075+309.1k
Janney Montgomery Scott LLC New +86,905+86.9k
VANGUARD GROUP INC Added +85,089+85.1k
NORTHERN TRUST CORP Added +77,972+78.0k
Yeomans Consulting Group, Inc. Added +73,292+73.3k
WELLINGTON MANAGEMENT GROUP LLP New +68,646+68.6k
GOLDMAN SACHS GROUP INC Added +55,563+55.6k

Biggest sellers

ROYAL BANK OF CANADA Reduced -789,816-789.8k
Balentine LLC Reduced -480,389-480.4k
Gibraltar Capital Management, Inc. Reduced -229,215-229.2k
Creative Planning Reduced -196,889-196.9k
BANK OF AMERICA CORP /DE/ Reduced -106,595-106.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -105,490-105.5k
TWO SIGMA INVESTMENTS, LP Reduced -98,500-98.5k
Rockefeller Capital Management L.P. Reduced -77,222-77.2k
Wealthspire Advisors, LLC Reduced -55,906-55.9k
Wealthfront Advisers LLC Reduced -45,447-45.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.8m12.2k shares
CITADEL ADVISORS LLC Reduced $1.8m5.7k shares
JANE STREET GROUP, LLC Reduced $307.9k1.0k shares
WOLVERINE TRADING, LLC New $245.5k800 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.8m6.0k shares
BANK OF AMERICA CORP /DE/ Unchanged $30.8k100 shares
Creative Planning New $1.1k700 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, Q3 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 JONES FINANCIAL COMPANIES LLLP 3.62% of their portfolio DES PERES, MO 17,324,35117.3m $5.3bn $5.3bn 3.62% Added +536.2k +536,162
2 Creative Planning 2.92% of their portfolio OVERLAND PARK, KS 12,394,72512.4m $3.8bn $3.8bn 2.92% Reduced -196.9k -196,889
3 National Mutual Insurance Federation of Agricultural Cooperatives 15.28% of their portfolio TOKYO, JAPAN, M0 6,543,3176.5m $2.0bn $2.0bn 15.28% Unchanged
4 VANGUARD GROUP INC 0.02% of their portfolio Valley Forge, PA 3,679,8923.7m $1.1bn $1.1bn 0.02% Added +85.1k +85,089
5 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 2,831,7082.8m $871.8m $871.8m 0.05% Added +3.3k +3,337
6 BANK OF AMERICA CORP /DE/ 0.07% of their portfolio CHARLOTTE, NC 2,820,0202.8m $868.2m $868.2m 0.07% Reduced -106.6k -106,595
7 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.56% of their portfolio MILWAUKEE, WI 2,745,3242.7m $845.2m $845.2m 0.56% Reduced -31.4k -31,428
8 UBS Group AG 0.14% of their portfolio ZURICH, V8 2,257,2832.3m $694.9m $694.9m 0.14% Added +160 +160
9 PNC Financial Services Group, Inc. 0.39% of their portfolio Pittsburgh, PA 2,106,1542.1m $648.4m $648.4m 0.39% Reduced -17.3k -17,308
10 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio SAN FRANCISCO, CA 1,938,6091.9m $596.8m $596.8m 0.10% Reduced -5.1k -5,118
11 Johnson Financial Group, LLC 45.14% of their portfolio Denver, CO 1,603,6311.6m $493.7m $493.7m 45.14% Reduced -7.2k -7,153
12 FMR LLC 0.02% of their portfolio BOSTON, MA 1,556,0631.6m $479.0m $479.0m 0.02% Reduced -9.7k -9,726
13 WELLS FARGO & COMPANY/MN 0.10% of their portfolio SAN FRANCISCO, CA 1,535,4271.5m $472.7m $472.7m 0.10% Added +14.8k +14,804
14 ENVESTNET ASSET MANAGEMENT INC 0.13% of their portfolio Berwyn, PA 1,439,6481.4m $443.2m $443.2m 0.13% Reduced -105.5k -105,490
15 MONETA GROUP INVESTMENT ADVISORS LLC 3.19% of their portfolio ST LOUIS, MO 1,304,3281.3m $401.6m $401.6m 3.19% Added +22.2k +22,209
16 Wealthquest Corp 29.00% of their portfolio CINCINNATI, OH 1,180,7801.2m $363.5m $363.5m 29.00% Added +462.2k +462,228
17 TIAA TRUST, NATIONAL ASSOCIATION 0.84% of their portfolio CHARLOTTE, NC 1,126,2211.1m $346.7m $346.7m 0.84% Added +3.2k +3,182
18 Capital Asset Advisory Services LLC 13.95% of their portfolio Williamston, MI 1,049,2461.0m $323.0m $323.0m 13.95% Added +315 +315
19 AXXCESS WEALTH MANAGEMENT, LLC 6.83% of their portfolio CARLSBAD, CA 1,048,6261.0m $322.8m $322.8m 6.83% Added +6.8k +6,801
20 Wealthspire Advisors, LLC 1.68% of their portfolio NEW YORK, NY 1,040,9721.0m $320.5m $320.5m 1.68% Reduced -55.9k -55,906
21 AMERIPRISE FINANCIAL INC 0.06% of their portfolio MINNEAPOLIS, MN 837,115837.1k $257.7m $257.7m 0.06% Added +36.7k +36,715
22 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 788,374788.4k $242.7m $242.7m 0.04% Reduced -789.8k -789,816
23 LPL Financial LLC 0.07% of their portfolio FORT MILL, SC 786,240786.2k $242.1m $242.1m 0.07% Reduced -20.5k -20,525
24 Pathstone Holdings, LLC 0.92% of their portfolio ENGLEWOOD, NJ 783,922783.9k $241.4m $241.4m 0.92% Reduced -17.0k -17,041
25 JFG Wealth Management, LLC 46.23% of their portfolio Denver, CO 766,719766.7k $236.0m $236.0m 46.23% Added +8.1k +8,146
26 Wealthfront Advisers LLC 0.54% of their portfolio Palo Alto, CA 741,764741.8k $228.4m $228.4m 0.54% Reduced -45.4k -45,447
27 RAYMOND JAMES FINANCIAL INC 0.07% of their portfolio ST. PETERSBURG, FL 725,751725.8k $223.4m $223.4m 0.07% Added +14.9k +14,940
28 Voya Financial Advisors, Inc. 20.47% of their portfolio WINDSOR, CT 691,505691.5k $212.2m $212.2m 20.47% Added +6.2k +6,190
29 VANTAGEPOINT INVESTMENT ADVISERS LLC 1.64% of their portfolio WASHINGTON, DC 651,803651.8k $200.7m $200.7m 1.64% New
30 JPMORGAN CHASE & CO 0.01% of their portfolio NEW YORK, NY 629,664629.7k $193.8m $193.8m 0.01% Added +309.1k +309,075
31 Mariner, LLC 0.23% of their portfolio Overland Park, KS 573,964574.0k $176.7m $176.7m 0.23% Added +48.7k +48,695
32 Bleakley Financial Group, LLC 3.88% of their portfolio PARSIPPANY, NJ 543,176543.2k $167.2m $167.2m 3.88% Reduced -11.2k -11,213
33 Cresset Asset Management, LLC 0.74% of their portfolio Chicago, IL 542,566542.6k $167.5m $167.5m 0.74% Added +22.0k +21,993
34 Focus Partners Wealth 0.26% of their portfolio ST LOUIS, MO 518,938518.9k $159.8m $159.8m 0.26% Added +7.9k +7,921
35 James J. Burns & Company, LLC 23.40% of their portfolio MELVILLE, NY 509,938509.9k $157.0m $157.0m 23.40% Reduced -8.8k -8,795
36 Mason & Associates, LLC 33.79% of their portfolio NEWPORT NEWS, VA 471,741471.7k $134.6m $134.6m 33.79% Added +2 +2
37 COLDSTREAM CAPITAL MANAGEMENT INC 1.90% of their portfolio BELLEVUE, WA 457,951458.0k $141.0m $141.0m 1.90% Reduced -15.2k -15,178
38 GeoWealth Management, LLC 5.06% of their portfolio CHICAGO, IL 450,768450.8k $138.8m $138.8m 5.06% Reduced -20.1k -20,069
39 Garde Capital, Inc. 6.67% of their portfolio SEATTLE, WA 431,211431.2k $132.8m $132.8m 6.67% Reduced -828 -828
40 COMMONWEALTH EQUITY SERVICES, LLC 0.16% of their portfolio WALTHAM, MA 399,268399.3k $122.9m $122.9m 0.16% Added +3.5k +3,523
41 Millburn Ridgefield LLC /DE/ 2.93% of their portfolio New York, NY 398,909398.9k $122.8m $122.8m 2.93% Reduced -33.8k -33,798
42 Catalyst Capital Advisors LLC 2.48% of their portfolio San Juan, PR 398,909398.9k $122.8m $122.8m 2.48% Reduced -33.8k -33,798
43 Ballentine Partners, LLC 1.67% of their portfolio Waltham, MA 389,936389.9k $120.0m $120.0m 1.67% Reduced -557 -557
44 Cetera Investment Advisers 0.14% of their portfolio SCHAUMBURG, IL 385,169385.2k $118.6m $118.6m 0.14% Added +19.0k +19,004
45 SIGNATUREFD, LLC 1.86% of their portfolio ATLANTA, GA 382,478382.5k $117.7m $117.7m 1.86% Reduced -10.3k -10,338
46 Baltimore-Washington Financial Advisors, Inc. 4.98% of their portfolio Columbia, MD 377,035377.0k $116.1m $116.1m 4.98% Added +5.0k +4,993
47 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 360,020360.0k $110.8m $110.8m 0.02% Added +55.6k +55,563
48 Heartwood Wealth Advisors LLC 10.19% of their portfolio RICHMOND, VA 354,707354.7k $109.2m $109.2m 10.19% Added +2.5k +2,529
49 PITTENGER & ANDERSON INC 3.79% of their portfolio LINCOLN, NE 335,748335.7k $103.4m $103.4m 3.79% Added +4.5k +4,524
50 Equitable Holdings, Inc. 0.76% of their portfolio NEW YORK, NY 335,674335.7k $103.3m $103.3m 0.76% Added +7.6k +7,643
51 Plante Moran Financial Advisors, LLC 6.17% of their portfolio SOUTHFIELD, MI 318,832318.8k $98.2m $98.2m 6.17% Reduced -10.7k -10,681
52 Truepoint, Inc. 2.19% of their portfolio CINCINNATI, OH 306,268306.3k $94.3m $94.3m 2.19% Reduced -5.1k -5,126
53 Norinchukin Bank, The 1.24% of their portfolio TOKYO, M0 300,000300.0k $92.4m $92.4m 1.24% Unchanged
54 MML INVESTORS SERVICES, LLC 0.25% of their portfolio SPRINGFIELD, MA 298,709298.7k $92.0m $92.0m 0.25% Reduced -2.1k -2,052
55 MilWealth Group LLC 22.26% of their portfolio MILWAUKEE, WI 296,609296.6k $91.3m $91.3m 22.26% Reduced -2.0k -1,996
56 FIFTH THIRD BANCORP 0.29% of their portfolio CINCINNATI, OH 289,675289.7k $89.2m $89.2m 0.29% Reduced -5.7k -5,659
57 AGF MANAGEMENT LTD 0.36% of their portfolio TORONTO, A6 268,233268.2k $82.6m $82.6m 0.36% Reduced -285 -285
58 Transamerica Financial Advisors, LLC 6.53% of their portfolio CEDAR RAPIDS, IA 255,588255.6k $78.7m $78.7m 6.53% Added +1.1k +1,146
59 IMA Advisory Services, Inc. 7.74% of their portfolio DENVER, CO 249,988250.0k $76.8m $76.8m 7.74% Added +27.7k +27,745
60 CAPTRUST FINANCIAL ADVISORS 0.15% of their portfolio RALEIGH, NC 244,490244.5k $75.3m $75.3m 0.15% Reduced -1.7k -1,678
61 Baker Avenue Asset Management, LP 1.75% of their portfolio SAN FRANCISCO, CA 237,990238.0k $73.3m $73.3m 1.75% Added +7.3k +7,262
62 JUNCTURE WEALTH STRATEGIES, LLC 24.55% of their portfolio SCOTTSDALE, AZ 237,975238.0k $73.3m $73.3m 24.55% Reduced -118 -118
63 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 234,355234.4k $70.6m $70.6m 0.10% Added +40.5k +40,517
64 RIVERSEDGE ADVISORS, LLC 11.94% of their portfolio Wilmington, DE 231,471231.5k $71.3m $71.3m 11.94% Added +13.8k +13,779
65 Parallel Advisors, LLC 1.23% of their portfolio SAN FRANCISCO, CA 218,243218.2k $67.2m $67.2m 1.23% Reduced -15.4k -15,369
66 TRUST POINT INC. 5.39% of their portfolio LA CROSSE, WI 216,661216.7k $66.7m $66.7m 5.39% Reduced -2.5k -2,502
67 Sunflower Bank, N.A. 15.75% of their portfolio DALLAS, TX 210,276210.3k $64.7m $64.7m 15.75% Added +932 +932
68 Addis & Hill, Inc 39.32% of their portfolio WAYNE, PA 208,652208.7k $64.5m $64.5m 39.32% Added +2.5k +2,473
69 Jaffetilchin Investment Partners, LLC 3.73% of their portfolio TAMPA, FL 202,622202.6k $62.4m $62.4m 3.73% Added +481 +481
70 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.09% of their portfolio PLYMOUTH, MN 185,767185.8k $57.4m $57.4m 0.09% Reduced -341 -341
71 Hurlow Wealth Management Group, Inc. 13.78% of their portfolio BLOOMINGTON, IN 172,787172.8k $53.2m $53.2m 13.78% Added +23.7k +23,673
72 Acropolis Investment Management, LLC 2.48% of their portfolio ST. LOUIS, MO 171,400171.4k $48.9m $48.9m 2.48% Added +5.2k +5,212
73 VSM Wealth Advisory, LLC 16.17% of their portfolio HUNT VALLEY, MD 168,831168.8k $52.0m $52.0m 16.17% Added +3.5k +3,545
74 Badgley Phelps Wealth Managers, LLC 1.08% of their portfolio SEATTLE, WA 166,611166.6k $51.4m $51.4m 1.08% Added +888 +888
75 IEQ CAPITAL, LLC 0.15% of their portfolio Foster City, CA 163,554163.6k $50.4m $50.4m 0.15% Added +2.7k +2,728
76 QRG CAPITAL MANAGEMENT, INC. 0.60% of their portfolio BERWYN, PA 161,246161.2k $49.6m $49.6m 0.60% Reduced -1.7k -1,705
77 Haverford Trust Co 0.44% of their portfolio Radnor, PA 158,847158.8k $48.9m $48.9m 0.44% Reduced -3.1k -3,064
78 OBSIDIAN CIO, LLC 6.34% of their portfolio NEW YORK, NY 156,828156.8k $48.3m $48.3m 6.34% Added +19.8k +19,843
79 Kathmere Capital Management, LLC 3.42% of their portfolio WAYNE, PA 156,393156.4k $48.1m $48.1m 3.42% Added +255 +255
80 JMG Financial Group, Ltd. 1.33% of their portfolio DOWNERS GROVE, IL 151,952152.0k $46.8m $46.8m 1.33% Reduced -1.0k -1,048
81 Cambridge Investment Research Advisors, Inc. 0.12% of their portfolio FAIRFIELD, IA 145,105145.1k $44.7m $44.7m 0.12% Added +12.2k +12,212
82 McIlrath & Eck, LLC 4.60% of their portfolio ARLINGTON, WA 144,712144.7k $44.6m $44.6m 4.60% Added +9.6k +9,573
83 WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV 6.63% of their portfolio BERMUDA RUN, NC 132,616132.6k $40.8m $40.8m 6.63% Reduced -841 -841
84 Pure Financial Advisors, LLC 0.63% of their portfolio SAN DIEGO, CA 128,664128.7k $39.6m $39.6m 0.63% Reduced -525 -525
85 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 125,803125.8k $38.7m $38.7m 0.00% Added +78.0k +77,972
86 Balentine LLC 1.40% of their portfolio ATLANTA, GA 123,658123.7k $38.1m $38.1m 1.40% Reduced -480.4k -480,389
87 Koesten, Hirschmann & Crabtree, INC. 17.85% of their portfolio OVERLAND PARK, KS 121,473121.5k $37.4m $37.4m 17.85% Added +5.3k +5,288
88 Cerity Partners LLC 0.06% of their portfolio NEW YORK, NY 115,961116.0k $35.7m $35.7m 0.06% Reduced -825 -825
89 MERCER GLOBAL ADVISORS INC /ADV 0.06% of their portfolio DENVER, CO 114,300114.3k $35.2m $35.2m 0.06% Reduced -2.6k -2,590
90 SAGE FINANCIAL GROUP INC 2.38% of their portfolio W. CONSHOHOCKEN, PA 113,538113.5k $35.0m $35.0m 2.38% Reduced -749 -749
91 SCS Capital Management LLC 0.38% of their portfolio BOSTON, MA 113,230113.2k $34.9m $34.9m 0.38% Reduced -595 -595
92 HighTower Advisors, LLC 0.04% of their portfolio CHICAGO, IL 109,745109.7k $33.8m $33.8m 0.04% Reduced -4.6k -4,557
93 COMERICA BANK 0.13% of their portfolio DALLAS, TX 109,634109.6k $33.8m $33.8m 0.13% Reduced -2.7k -2,715
94 Latigo Investments, LLC 16.91% of their portfolio FORT LAUDERDALE, FL 108,982109.0k $33.6m $33.6m 16.91% Unchanged
95 Betterment LLC 0.07% of their portfolio NEW YORK, NY 107,343107.3k $33.0m $33.0m 0.07% Reduced -10.4k -10,423
96 LEAVELL INVESTMENT MANAGEMENT, INC. 1.36% of their portfolio MOBILE, AL 104,314104.3k $32.2m $32.2m 1.36% Reduced -493 -493
97 AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio Greenwich, CT 103,240103.2k $31.8m $31.8m 0.02% Added +15.0k +15,008
98 Yeomans Consulting Group, Inc. 10.82% of their portfolio Marietta, GA 101,441101.4k $31.3m $31.3m 10.82% Added +73.3k +73,292
99 Quantinno Capital Management LP 0.08% of their portfolio NEW YORK, NY 96,23696.2k $29.6m $29.6m 0.08% Added +44.7k +44,662
100 TRUIST FINANCIAL CORP 0.04% of their portfolio CHARLOTTE, NC 95,82395.8k $29.5m $29.5m 0.04% Added +913 +913