Vault-13

VANGUARD INDEX FDS VXF

EXTEND MKT ETF · ETP · CUSIP 922908652

1,011 institutional holders +17 vs Q4 2025
53,338,63753.3m shares reported held*
$11.0bnreported value*
70 new 362 added 298 reduced 50 sold out net bought ≈ $686.4m (+2.8m 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 ($100.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $205.92. Options: 4 managers hold calls ($3.6m notional), 3 hold puts ($1.5m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 616Q4 22: 672Q1 23: 664Q2 23: 694Q3 23: 688Q4 23: 769Q1 24: 776Q2 24: 788Q3 24: 815Q4 24: 905Q1 25: 872Q2 25: 902Q3 25: 912Q4 25: 994Q1 26: 1,0111,011Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 2022616
Q4 2022672
Q1 2023664
Q2 2023694
Q3 2023688
Q4 2023769
Q1 2024776
Q2 2024788
Q3 2024815
Q4 2024905
Q1 2025872
Q2 2025902
Q3 2025912
Q4 2025994
Q1 20261,011

Buyers vs sellers

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

Bought or addedCut or sold out
5000500Q2 24: 308 bought or addedQ2 24: 301 cut or sold outQ3 24: 337 bought or addedQ3 24: 296 cut or sold outQ3 24Q4 24: 348 bought or addedQ4 24: 325 cut or sold outQ1 25: 372 bought or addedQ1 25: 362 cut or sold outQ1 25Q2 25: 378 bought or addedQ2 25: 327 cut or sold outQ3 25: 380 bought or addedQ3 25: 325 cut or sold outQ3 25Q4 25: 428 bought or addedQ4 25: 286 cut or sold outQ1 26: 432 bought or addedQ1 26: 348 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024308301
Q3 2024337296
Q4 2024348325
Q1 2025372362
Q2 2025378327
Q3 2025380325
Q4 2025428286
Q1 2026432348

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ2 25 calls: $2.4mQ2 25 puts: $269.8kQ2 25P/C 0.11Q3 25 calls: $3.2mQ3 25 puts: $795.5kQ3 25P/C 0.25Q4 25 calls: $3.4mQ4 25 puts: $271.9kQ4 25P/C 0.08Q1 26 calls: $3.6mQ1 26 puts: $1.5mQ1 26P/C 0.41
Numbers
QuarterCallsPutsP/C
Q2 2025$2.4m$269.8k0.11
Q3 2025$3.2m$795.5k0.25
Q4 2025$3.4m$271.9k0.08
Q1 2026$3.6m$1.5m0.41

Biggest buyers

ENVESTNET ASSET MANAGEMENT INC Added +1,209,348+1.2m
Creative Planning Added +641,434+641.4k
JANE STREET GROUP, LLC Added +515,182+515.2k
Kestra Investment Management, LLC New +508,333+508.3k
JONES FINANCIAL COMPANIES LLLP Added +390,518+390.5k
BANK OF AMERICA CORP /DE/ Added +370,713+370.7k
MORGAN STANLEY Added +287,592+287.6k
Clearstead Advisors, LLC Added +154,108+154.1k
NATIXIS ADVISORS, LLC Added +148,884+148.9k
Cerity Partners LLC Added +135,862+135.9k

Biggest sellers

Envestnet Portfolio Solutions, Inc. Reduced -653,603-653.6k
Align Financial, LLC Reduced -543,193-543.2k
GOLDMAN SACHS GROUP INC Reduced -433,992-434.0k
UNITED SERVICES AUTOMOBILE ASSOCIATION Reduced -173,180-173.2k
HARBOUR INVESTMENTS, INC. Reduced -105,969-106.0k
BIP Wealth, LLC Reduced -100,717-100.7k
CITIGROUP INC Reduced -95,774-95.8k
US BANCORP \DE\ Reduced -95,077-95.1k
SOL Capital Management CO Sold out -84,482-84.5k
EARNEST PARTNERS LLC Reduced -81,949-81.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.2m10.6k shares
CITADEL ADVISORS LLC New $782.0k3.8k shares
JANE STREET GROUP, LLC New $370.4k1.8k shares
Belvedere Trading LLC Reduced $247.0k1.2k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.1m5.3k shares
CITADEL ADVISORS LLC New $349.9k1.7k shares
Belvedere Trading LLC Reduced $20.6k100 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 ENVESTNET ASSET MANAGEMENT INC 0.23% of their portfolio Berwyn, PA 4,245,3464.2m $873.7m $873.7m 0.23% Added +1.2m +1,209,348
2 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 4,224,0564.2m $869.3m $869.3m 0.05% Added +287.6k +287,592
3 Wealthfront Advisers LLC 1.50% of their portfolio Palo Alto, CA 3,318,1753.3m $682.9m $682.9m 1.50% Reduced -76.9k -76,921
4 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 2,254,6292.3m $464.0m $464.0m 0.03% Added +370.7k +370,713
5 FIFTH THIRD BANCORP 0.53% of their portfolio CINCINNATI, OH 1,404,8881.4m $289.1m $289.1m 0.53% Added +11.2k +11,171
6 MERCER GLOBAL ADVISORS INC /ADV 0.41% of their portfolio DENVER, CO 1,340,9171.3m $276.0m $276.0m 0.41% Added +127.9k +127,911
7 VANGUARD ADVISERS INC 1.07% of their portfolio Malvern, PA 1,326,3601.3m $273.0m $273.0m 1.07% First filing
8 ASSETMARK, INC 0.54% of their portfolio CONCORD, CA 1,282,6441.3m $264.0m $264.0m 0.54% Added +59.6k +59,568
9 Creative Planning 0.16% of their portfolio OVERLAND PARK, KS 1,137,5371.1m $234.1m $234.1m 0.16% Added +641.4k +641,434
10 ROYAL BANK OF CANADA 0.04% of their portfolio TORONTO, A6 1,073,5211.1m $220.9m $220.9m 0.04% Added +95.6k +95,595
11 LPL Financial LLC 0.06% of their portfolio FORT MILL, SC 1,014,8271.0m $208.9m $208.9m 0.06% Reduced -14.7k -14,740
12 Cerity Partners LLC 0.28% of their portfolio NEW YORK, NY 947,692947.7k $195.0m $195.0m 0.28% Added +135.9k +135,862
13 Focus Partners Wealth 0.21% of their portfolio ST LOUIS, MO 901,751901.8k $185.8m $185.8m 0.21% Reduced -18.3k -18,260
14 Plante Moran Financial Advisors, LLC 11.06% of their portfolio SOUTHFIELD, MI 830,772830.8k $171.0m $171.0m 11.06% Added +66.2k +66,200
15 Wealthspire Advisors, LLC 1.33% of their portfolio NEW YORK, NY 823,550823.5k $169.5m $169.5m 1.33% Reduced -11.5k -11,541
16 WELLS FARGO & COMPANY/MN 0.03% of their portfolio SAN FRANCISCO, CA 819,871819.9k $168.7m $168.7m 0.03% Added +40.2k +40,241
17 RAYMOND JAMES FINANCIAL INC 0.05% of their portfolio ST. PETERSBURG, FL 747,954748.0k $153.9m $153.9m 0.05% Reduced -26.1k -26,071
18 US BANCORP \DE\ 0.19% of their portfolio MINNEAPOLIS, MN 745,338745.3k $153.4m $153.4m 0.19% Reduced -95.1k -95,077
19 SageView Advisory Group, LLC 5.03% of their portfolio Newport Beach, CA 669,010669.0k $137.7m $137.7m 5.03% Added +20.2k +20,190
20 JONES FINANCIAL COMPANIES LLLP 0.06% of their portfolio DES PERES, MO 663,735663.7k $133.4m $133.4m 0.06% Added +390.5k +390,518
21 Gleason Group, Inc. 12.93% of their portfolio PROSPECT, KY 634,181634.2k $130.5m $130.5m 12.93% Added +26.0k +26,029
22 NEPC LLC 2.57% of their portfolio Boston, MA 626,535626.5k $128.9m $128.9m 2.57% Unchanged
23 UBS Group AG 0.02% of their portfolio ZURICH, V8 604,209604.2k $124.3m $124.3m 0.02% Reduced -42.1k -42,093
24 TD PRIVATE CLIENT WEALTH LLC 2.49% of their portfolio NEW YORK, NY 583,386583.4k $120.1m $120.1m 2.49% Added +66.0k +66,011
25 JANE STREET GROUP, LLC 0.11% of their portfolio NEW YORK, NY 519,246519.2k $106.9m $106.9m 0.11% Added +515.2k +515,182
26 Kestra Investment Management, LLC 1.80% of their portfolio AUSTIN, TX 508,333508.3k $104.6m $104.6m 1.80% New
27 DIVERSIFIED TRUST CO 1.93% of their portfolio MEMPHIS, TN 506,078506.1k $104.2m $104.2m 1.93% Added +3.0k +2,962
28 Cambridge Investment Research Advisors, Inc. 0.23% of their portfolio FAIRFIELD, IA 427,043427.0k $87.9m $87.9m 0.23% Reduced -4.8k -4,824
29 NATIXIS ADVISORS, LLC 0.11% of their portfolio Boston, MA 383,095383.1k $78.8m $78.8m 0.11% Added +148.9k +148,884
30 Stratos Wealth Partners, LTD. 0.86% of their portfolio BEACHWOOD, OH 366,330366.3k $75.4m $75.4m 0.86% Reduced -1.3k -1,254
31 Charter Oak Capital Management, LLC 5.62% of their portfolio PORTSMOUTH, NH 351,937351.9k $72.4m $72.4m 5.62% Reduced -6.1k -6,125
32 Van Cleef Asset Management,Inc 7.73% of their portfolio BEACHWOOD, OH 348,657348.7k $71.8m $71.8m 7.73% Reduced -214 -214
33 OSAIC HOLDINGS, INC. 0.10% of their portfolio SCOTTSDALE, AZ 340,577340.6k $70.1m $70.1m 0.10% Reduced -9.0k -8,979
34 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 340,150340.1k $70.0m $70.0m 0.02% Added +3.0k +3,021
35 CAPTRUST FINANCIAL ADVISORS 0.12% of their portfolio RALEIGH, NC 329,623329.6k $67.8m $67.8m 0.12% Added +12.7k +12,673
36 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.04% of their portfolio MILWAUKEE, WI 311,752311.8k $64.2m $64.2m 0.04% Added +5.2k +5,219
37 ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio NASHVILLE, TN 300,848300.8k $62.9m $62.9m 0.02% Added +24.2k +24,178
38 Cetera Investment Advisers 0.06% of their portfolio SCHAUMBURG, IL 262,048262.0k $53.9m $53.9m 0.06% Added +11.4k +11,383
39 BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio PARIS, I0 261,338261.3k $53.8m $53.8m 0.04% Reduced -10.8k -10,793
40 Tenon Financial LLC 20.31% of their portfolio METUCHEN, NJ 251,213251.2k $51.7m $51.7m 20.31% Added +22.5k +22,532
41 CITIGROUP INC 0.03% of their portfolio NEW YORK, NY 246,108246.1k $50.6m $50.6m 0.03% Reduced -95.8k -95,774
42 Rockefeller Capital Management L.P. 0.09% of their portfolio NEW YORK, NY 241,233241.2k $49.6m $49.6m 0.09% Added +4.4k +4,353
43 CIBC Bancorp USA Inc. 0.06% of their portfolio CHICAGO, IL 233,865233.9k $48.1m $48.1m 0.06% First filing
44 Mariner, LLC 0.06% of their portfolio Overland Park, KS 230,938230.9k $47.5m $47.5m 0.06% Added +1.1k +1,079
45 Vanguard National Trust Co 2.94% of their portfolio MALVERN, PA 226,755226.8k $46.7m $46.7m 2.94% First filing
46 GeoWealth Management, LLC 1.68% of their portfolio CHICAGO, IL 226,382226.4k $46.6m $46.6m 1.68% Added +5.3k +5,298
47 Blue Trust, Inc. 0.52% of their portfolio BRENTWOOD, TN 220,424220.4k $45.4m $45.4m 0.52% Reduced -16.2k -16,193
48 COMMONWEALTH EQUITY SERVICES, LLC 0.06% of their portfolio WALTHAM, MA 213,068213.1k $43.8m $43.8m 0.06% Reduced -23.6k -23,596
49 James J. Burns & Company, LLC 5.71% of their portfolio MELVILLE, NY 204,556204.6k $42.1m $42.1m 5.71% Added +3.8k +3,765
50 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 203,511203.5k $41.8m $41.8m 0.08% Added +20.5k +20,536
51 ACT WEALTH MANAGEMENT, LLC 14.01% of their portfolio PLANO, TX 202,679202.7k $41.7m $41.7m 14.01% Reduced -735 -735
52 Clearstead Advisors, LLC 0.38% of their portfolio CLEVELAND, OH 201,831201.8k $41.5m $41.5m 0.38% Added +154.1k +154,108
53 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 201,363201.4k $41.4m $41.4m 0.01% Reduced -434.0k -433,992
54 COLDSTREAM CAPITAL MANAGEMENT INC 0.49% of their portfolio BELLEVUE, WA 191,588191.6k $39.4m $39.4m 0.49% Reduced -4.7k -4,713
55 Voya Financial Advisors, Inc. 3.71% of their portfolio WINDSOR, CT 185,342185.3k $37.3m $37.3m 3.71% Reduced -22.5k -22,475
56 MAYPORT, LLC 7.00% of their portfolio NEWTON, MA 182,970183.0k $37.7m $37.7m 7.00% Added +8.9k +8,935
57 HCR Wealth Advisors 3.88% of their portfolio LOS ANGELES, CA 181,857181.9k $37.4m $37.4m 3.88% Added +3.7k +3,741
58 LINCOLN NATIONAL CORP 1.01% of their portfolio RADNOR, PA 168,810168.8k $34.7m $34.7m 1.01% Reduced -1.8k -1,794
59 Legacy Private Trust Co. 2.14% of their portfolio NEENAH, WI 168,416168.4k $34.7m $34.7m 2.14% Reduced -4.8k -4,841
60 EP Wealth Advisors, LLC 0.17% of their portfolio TORRANCE, CA 168,307168.3k $34.6m $34.6m 0.17% Added +118.7k +118,747
61 MOODY NATIONAL BANK TRUST DIVISION 3.23% of their portfolio GALVESTON, TX 165,000165.0k $34.0m $34.0m 3.23% Added +4.2k +4,180
62 Valmark Advisers, Inc. 0.36% of their portfolio AKRON, OH 147,152147.2k $30.3m $30.3m 0.36% Added +6.2k +6,226
63 SlateStone Wealth, LLC 2.47% of their portfolio JUPITER, FL 145,606145.6k $30.0m $30.0m 2.47% Added +11.6k +11,620
64 MATHER GROUP, LLC. 0.30% of their portfolio CHICAGO, IL 144,050144.1k $29.6m $29.6m 0.30% Reduced -124 -124
65 Firestone Capital Management 5.94% of their portfolio SOUTH MIAMI, FL 138,619138.6k $28.5m $28.5m 5.94% Added +808 +808
66 Lido Advisors, LLC 0.11% of their portfolio Los Angeles, CA 135,801135.8k $27.9m $27.9m 0.11% Reduced -14.1k -14,056
67 FC Advisory LLC 8.11% of their portfolio WEST CHESTER, PA 134,920134.9k $27.8m $27.8m 8.11% Added +2.9k +2,869
68 Beacon Harbor Wealth Advisors, Inc. 5.68% of their portfolio VIRGINIA BEACH, VA 131,719131.7k $27.1m $27.1m 5.68% Added +2.7k +2,683
69 Vestmark Advisory Solutions, Inc. 0.28% of their portfolio Wakefield, MA 121,490121.5k $25.0m $25.0m 0.28% Added +114.8k +114,776
70 New England Private Wealth Advisors LLC 2.88% of their portfolio WELLESLEY, MA 121,111121.1k $24.9m $24.9m 2.88% Added +480 +480
71 Investment Planning Advisors, Inc. 6.77% of their portfolio CUMMING, GA 119,471119.5k $24.6m $24.6m 6.77% Added +12.6k +12,591
72 CYPRESS FINANCIAL PLANNING LLC 6.75% of their portfolio HADDON HEIGHTS, NJ 117,636117.6k $24.2m $24.2m 6.75% Added +5.0k +4,976
73 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 116,644116.6k $24.0m $24.0m 0.02% Added +2.4k +2,350
74 ELEVATION POINT WEALTH PARTNERS, LLC 0.57% of their portfolio DENVER, CO 115,749115.7k $23.8m $23.8m 0.57% New
75 FIRST HAWAIIAN BANK 3.22% of their portfolio HONOLULU, HI 111,836111.8k $23.0m $23.0m 3.22% Added +5.2k +5,181
76 Continuum Advisory, LLC 2.14% of their portfolio EAGLE, ID 108,599108.6k $22.3m $22.3m 2.14% Added +2.1k +2,078
77 MML INVESTORS SERVICES, LLC 0.06% of their portfolio SPRINGFIELD, MA 108,244108.2k $22.3m $22.3m 0.06% Reduced -35.5k -35,486
78 Independent Advisor Alliance 0.23% of their portfolio CHARLOTTE, NC 104,714104.7k $21.6m $21.6m 0.23% New
79 Strategic Investment Advisors / MI 1.45% of their portfolio FARMINGTON HILLS, MI 101,704101.7k $20.9m $20.9m 1.45% Added +11.7k +11,692
80 BlackRock, Inc. 0.00% of their portfolio New York, NY 99,50099.5k $20.5m $20.5m 0.00% Added +9.5k +9,477
81 Winthrop Advisory Group LLC 1.66% of their portfolio BOSTON, MA 98,45698.5k $20.3m $20.3m 1.66% Added +7.8k +7,848
82 Fairway Wealth LLC 5.07% of their portfolio INDEPENDENCE, OH 93,34493.3k $19.2m $19.2m 5.07% Added +3.1k +3,139
83 Private Advisor Group, LLC 0.09% of their portfolio MORRISTOWN, NJ 91,72591.7k $18.9m $18.9m 0.09% Added +203 +203
84 BROWN ADVISORY INC 0.03% of their portfolio BALTIMORE, MD 90,83990.8k $18.7m $18.7m 0.03% Reduced -2.8k -2,794
85 FMR LLC 0.00% of their portfolio BOSTON, MA 90,06590.1k $18.5m $18.5m 0.00% Added +5.4k +5,432
86 Envestnet Portfolio Solutions, Inc. 0.10% of their portfolio BERWYN, PA 84,93984.9k $17.5m $17.5m 0.10% Reduced -653.6k -653,603
87 N.E.W. Advisory Services LLC 1.30% of their portfolio DE PERE, WI 84,22584.2k $17.3m $17.3m 1.30% Added +4.3k +4,308
88 Keel Point, LLC 1.16% of their portfolio HUNTSVILLE, AL 84,14184.1k $17.3m $17.3m 1.16% Added +4.6k +4,594
89 NewEdge Advisors, LLC 0.06% of their portfolio NEW ORLEANS, LA 82,12982.1k $16.9m $16.9m 0.06% Added +3.8k +3,846
90 BESSEMER GROUP INC 0.03% of their portfolio WOODBRIDGE, NJ 81,18081.2k $16.7m $16.7m 0.03% Reduced -3.4k -3,351
91 Aurdan Capital Management, LLC 4.99% of their portfolio Wayne, PA 80,79280.8k $16.6m $16.6m 4.99% Added +3.7k +3,714
92 Prime Buchholz LLC 8.62% of their portfolio PORTSMOUTH, NH 80,11980.1k $16.5m $16.5m 8.62% Added +34.9k +34,909
93 SENTINEL PENSION ADVISORS, LLC 2.43% of their portfolio WAKEFIELD, MA 80,02180.0k $16.5m $16.5m 2.43% Added +78.8k +78,778
94 Summit Wealth Group, LLC 3.77% of their portfolio WHITE RIVER JUNCTION, VT 79,80979.8k $16.4m $16.4m 3.77% Added +1.3k +1,314
95 BLAIR WILLIAM & CO/IL 0.05% of their portfolio CHICAGO, IL 78,35778.4k $16.1m $16.1m 0.05% Reduced -39.4k -39,413
96 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 75,57275.6k $15.6m $15.6m 0.02% Added +7.9k +7,928
97 PRINCIPAL SECURITIES, INC. 0.23% of their portfolio DES MOINES, IA 75,45775.5k $15.5m $15.5m 0.23% Added +1.8k +1,823
98 Procyon Advisors, LLC 0.74% of their portfolio SHELTON, CT 73,38673.4k $15.1m $15.1m 0.74% Added +8.5k +8,461
99 BOSTON FAMILY OFFICE LLC 1.00% of their portfolio BOSTON, MA 73,15573.2k $15.1m $15.1m 1.00% Added +6.9k +6,904
100 Steward Partners Investment Advisory, LLC 0.08% of their portfolio STAMFORD, CT 73,10873.1k $15.0m $15.0m 0.08% Added +6.9k +6,937