Vault-13

VANGUARD INDEX FDS VUG

GROWTH ETF · ETP · CUSIP 922908736

2,049 institutional holders +210 vs Q3 2023
233,638,885233.6m shares reported held*
$72.3bnreported value*
129 new 802 added 653 reduced 59 sold out net bought ≈ $6.2bn (+19.9m 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 ($105.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $309.65. Options: 5 managers hold calls ($53.6m notional), 5 hold puts ($19.4m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

01k2k3kQ3 22: 1,558Q4 22: 1,671Q1 23: 1,722Q2 23: 1,828Q3 23: 1,839Q4 23: 2,0492,049Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20221,558
Q4 20221,671
Q1 20231,722
Q2 20231,828
Q3 20231,839
Q4 20232,049

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 767 bought or addedQ4 22: 652 cut or sold outQ4 22Q1 23: 815 bought or addedQ1 23: 698 cut or sold outQ1 23Q2 23: 830 bought or addedQ2 23: 731 cut or sold outQ2 23Q3 23: 842 bought or addedQ3 23: 735 cut or sold outQ3 23Q4 23: 931 bought or addedQ4 23: 712 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022767652
Q1 2023815698
Q2 2023830731
Q3 2023842735
Q4 2023931712

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ1 23 calls: $32.5mQ1 23 puts: $11.4mQ1 23P/C 0.35Q2 23 calls: $57.0mQ2 23 puts: $13.5mQ2 23P/C 0.24Q3 23 calls: $33.5mQ3 23 puts: $18.3mQ3 23P/C 0.55Q4 23 calls: $53.6mQ4 23 puts: $19.4mQ4 23P/C 0.36
Numbers
QuarterCallsPutsP/C
Q1 2023$32.5m$11.4m0.35
Q2 2023$57.0m$13.5m0.24
Q3 2023$33.5m$18.3m0.55
Q4 2023$53.6m$19.4m0.36

Biggest buyers

MORGAN STANLEY Added +13,508,582+13.5m
JPMORGAN CHASE & CO Added +2,176,579+2.2m
JONES FINANCIAL COMPANIES LLLP Added +1,301,935+1.3m
BANK OF AMERICA CORP /DE/ Added +1,282,969+1.3m
GOLDMAN SACHS GROUP INC Added +815,443+815.4k
AMERIPRISE FINANCIAL INC Added +318,552+318.6k
Balentine LLC Added +307,721+307.7k
UBS Group AG Added +196,363+196.4k
TWO SIGMA INVESTMENTS, LP Added +180,400+180.4k
WELLS FARGO & COMPANY/MN Added +134,841+134.8k

Biggest sellers

Strategic Investment Solutions, Inc. /IL Reduced -866,901-866.9k
OSAIC HOLDINGS, INC. Reduced -442,093-442.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -376,573-376.6k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Reduced -375,894-375.9k
Retirement Investment Advisors, Inc. Reduced -363,310-363.3k
Financial Engines Advisors L.L.C. Reduced -339,133-339.1k
DAGCO, INC. Reduced -158,539-158.5k
Kapitalo Investimentos Ltda Sold out -113,870-113.9k
FMR LLC Reduced -103,248-103.2k
CFS Investment Advisory Services, LLC Sold out -89,824-89.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $46.7m150.1k shares
CITADEL ADVISORS LLC Added $5.2m16.7k shares
WOLVERINE TRADING, LLC Reduced $1.3m4.1k shares
Belvedere Trading LLC Added $466.3k1.5k shares
Cutler Group LLC / CA Added $43.0k6.7k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.0m22.5k shares
CITADEL ADVISORS LLC Reduced $6.8m21.9k shares
WOLVERINE TRADING, LLC Reduced $5.4m17.4k shares
BANK OF AMERICA CORP /DE/ Unchanged $155.4k500 shares
Cutler Group LLC / CA Unchanged $6.0k3.2k 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, Q4 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 1.42% of their portfolio CHARLOTTE, NC 40,340,40640.3m $12.5bn $12.5bn 1.42% Added +1.3m +1,282,969
2 MORGAN STANLEY 0.35% of their portfolio NEW YORK, NY 25,761,49825.8m $8.0bn $8.0bn 0.35% Added +13.5m +13,508,582
3 JONES FINANCIAL COMPANIES LLLP 8.99% of their portfolio DES PERES, MO 19,238,82119.2m $6.0bn $6.0bn 8.99% Added +1.3m +1,301,935
4 Financial Engines Advisors L.L.C. 7.17% of their portfolio SANTA CLARA, CA 9,777,2199.8m $3.0bn $3.0bn 7.17% Reduced -339.1k -339,133
5 ENVESTNET ASSET MANAGEMENT INC 1.13% of their portfolio Berwyn, PA 8,819,4898.8m $2.7bn $2.7bn 1.13% Reduced -376.6k -376,573
6 UBS Group AG 0.69% of their portfolio ZURICH, V8 5,520,4615.5m $1.7bn $1.7bn 0.69% Added +196.4k +196,363
7 LPL Financial LLC 0.87% of their portfolio FORT MILL, SC 4,612,7734.6m $1.4bn $1.4bn 0.87% Added +129.8k +129,832
8 TIAA TRUST, NATIONAL ASSOCIATION 3.55% of their portfolio CHARLOTTE, NC 3,417,2773.4m $1.1bn $1.1bn 3.55% Added +44.9k +44,928
9 AMERIPRISE FINANCIAL INC 0.31% of their portfolio MINNEAPOLIS, MN 3,338,3583.3m $1.0bn $1.0bn 0.31% Added +318.6k +318,552
10 WELLS FARGO & COMPANY/MN 0.29% of their portfolio SAN FRANCISCO, CA 3,244,9323.2m $1.0bn $1.0bn 0.29% Added +134.8k +134,841
11 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 2,978,0343.0m $925.8m $925.8m 0.05% Added +2.2m +2,176,579
12 FMR LLC 0.07% of their portfolio BOSTON, MA 2,970,0193.0m $923.3m $923.3m 0.07% Reduced -103.2k -103,248
13 EP Wealth Advisors, LLC 11.47% of their portfolio TORRANCE, CA 2,893,7852.9m $899.6m $899.6m 11.47% Added +60.0k +59,959
14 RWA WEALTH PARTNERS, LLC 12.12% of their portfolio BOSTON, MA 2,734,2022.7m $850.0m $850.0m 12.12% Added +15.5k +15,529
15 Mill Creek Capital Advisors, LLC 22.79% of their portfolio Conshohocken, PA 2,480,7902.5m $771.2m $771.2m 22.79% Reduced -5.5k -5,518
16 PNC Financial Services Group, Inc. 0.59% of their portfolio Pittsburgh, PA 2,418,5342.4m $751.9m $751.9m 0.59% Reduced -30.1k -30,107
17 GOLDMAN SACHS GROUP INC 0.16% of their portfolio NEW YORK, NY 2,387,7842.4m $742.3m $742.3m 0.16% Added +815.4k +815,443
18 D.A. DAVIDSON & CO. 5.87% of their portfolio GREAT FALLS, MT 1,926,7191.9m $599.0m $599.0m 5.87% Reduced -23.2k -23,196
19 ROYAL BANK OF CANADA 0.15% of their portfolio TORONTO, A6 1,922,8291.9m $597.8m $597.8m 0.15% Added +31.4k +31,362
20 Bank of New York Mellon Corp 0.12% of their portfolio NEW YORK, NY 1,835,9111.8m $570.7m $570.7m 0.12% Reduced -61.8k -61,837
21 COMMONWEALTH EQUITY SERVICES, LLC 1.01% of their portfolio WALTHAM, MA 1,768,2641.8m $549.7m $549.7m 1.01% Added +104.6k +104,623
22 SEI INVESTMENTS CO 0.80% of their portfolio OAKS, PA 1,611,2071.6m $500.9m $500.9m 0.80% Reduced -59.7k -59,736
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.55% of their portfolio MILWAUKEE, WI 1,562,2211.6m $485.7m $485.7m 0.55% Added +9.2k +9,207
24 Mariner, LLC 1.02% of their portfolio Overland Park, KS 1,388,1311.4m $431.5m $431.5m 1.02% Added +62.0k +61,951
25 Raymond James Financial Services Advisors, Inc. 0.68% of their portfolio ST. PETERSBURG, FL 1,338,0951.3m $416.0m $416.0m 0.68% Added +85.1k +85,081
26 HighTower Advisors, LLC 0.65% of their portfolio CHICAGO, IL 1,253,4541.3m $389.7m $389.7m 0.65% Added +80.6k +80,641
27 Balentine LLC 12.10% of their portfolio ATLANTA, GA 1,220,4331.2m $379.4m $379.4m 12.10% Added +307.7k +307,721
28 Performance Wealth Partners, LLC 16.05% of their portfolio HINSDALE, IL 1,174,6081.2m $365.2m $365.2m 16.05% Added +64.3k +64,331
29 OSAIC HOLDINGS, INC. 0.63% of their portfolio SCOTTSDALE, AZ 1,164,8781.2m $362.4m $362.4m 0.63% Reduced -442.1k -442,093
30 TRUIST FINANCIAL CORP 0.56% of their portfolio CHARLOTTE, NC 1,133,1731.1m $352.3m $352.3m 0.56% Added +57.3k +57,277
31 MISSION WEALTH MANAGEMENT, LP 9.99% of their portfolio Santa Barbara, CA 975,077975.1k $303.1m $303.1m 9.99% Added +6.9k +6,924
32 CHOREO, LLC 8.04% of their portfolio ROCKFORD, IL 954,045954.0k $296.6m $296.6m 8.04% Reduced -7.4k -7,371
33 RAYMOND JAMES & ASSOCIATES 0.22% of their portfolio ST PETERSBURG, FL 953,899953.9k $296.5m $296.5m 0.22% Added +64.9k +64,928
34 Wellspring Financial Advisors, LLC 1.97% of their portfolio CLEVELAND, OH 945,619945.6k $7.9m $7.9m 1.97% Reduced -183 -183
35 Modera Wealth Management, LLC 4.75% of their portfolio WESTWOOD, NJ 922,643922.6k $286.8m $286.8m 4.75% Added +80.3k +80,274
36 CAPTRUST FINANCIAL ADVISORS 0.98% of their portfolio RALEIGH, NC 912,958913.0k $283.8m $283.8m 0.98% Added +5.6k +5,588
37 MML INVESTORS SERVICES, LLC 1.05% of their portfolio SPRINGFIELD, MA 733,213733.2k $227.9m $227.9m 1.05% Added +49.8k +49,768
38 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.06% of their portfolio SAN FRANCISCO, CA 711,687711.7k $221.2m $221.2m 0.06% Reduced -67.8k -67,799
39 Northeast Financial Consultants Inc 12.07% of their portfolio WESTPORT, CT 702,000702.0k $218.2m $218.2m 12.07% Added +22.3k +22,346
40 STIFEL FINANCIAL CORP 0.27% of their portfolio ST. LOUIS, MO 694,816694.8k $216.0m $216.0m 0.27% Added +7.2k +7,236
41 Merit Financial Group, LLC 6.54% of their portfolio ALPHARETTA, GA 691,787691.8k $215.1m $215.1m 6.54% Added +9.4k +9,424
42 CBIZ Investment Advisory Services, LLC 15.70% of their portfolio INDEPENDENCE, OH 663,594663.6k $206.3m $206.3m 15.70% Reduced -7.7k -7,680
43 Equitable Holdings, Inc. 2.54% of their portfolio NEW YORK, NY 663,062663.1k $206.1m $206.1m 2.54% Reduced -21.9k -21,904
44 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 5.99% of their portfolio LOS ANGELES, CA 654,563654.6k $203.5m $203.5m 5.99% Added +4.0k +3,990
45 Corient Private Wealth LP 0.37% of their portfolio MIAMI, FL 643,949643.9k $200.2m $200.2m 0.37% Reduced -27.1k -27,150
46 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.55% of their portfolio IRVING, TX 599,907599.9k $186.5m $186.5m 1.55% Reduced -375.9k -375,894
47 Waverly Advisors, LLC 6.76% of their portfolio BIRMINGHAM, AL 580,403580.4k $180.4m $180.4m 6.76% Added +41.3k +41,337
48 MONETA GROUP INVESTMENT ADVISORS LLC 3.53% of their portfolio ST LOUIS, MO 574,096574.1k $178.5m $178.5m 3.53% Added +31.8k +31,790
49 MATHER GROUP, LLC. 2.79% of their portfolio CHICAGO, IL 572,484572.5k $178.0m $178.0m 2.79% Added +12.3k +12,333
50 Cullen/Frost Bankers, Inc. 2.68% of their portfolio San Antonio, TX 548,842548.8k $170.6m $170.6m 2.68% Added +44.3k +44,283
51 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.45% of their portfolio PLYMOUTH, MN 499,187499.2k $155.2m $155.2m 0.45% Added +8.8k +8,845
52 AE Wealth Management LLC 0.82% of their portfolio TOPEKA, KS 495,812495.8k $160.1m $160.1m 0.82% Added +61.2k +61,222
53 Cetera Investment Advisers 1.22% of their portfolio SCHAUMBURG, IL 483,799483.8k $150.4m $150.4m 1.22% Reduced -45.1k -45,052
54 Garde Capital, Inc. 11.30% of their portfolio SEATTLE, WA 476,315476.3k $148.1m $148.1m 11.30% Reduced -3.6k -3,568
55 Truepoint, Inc. 4.25% of their portfolio CINCINNATI, OH 466,836466.8k $145.1m $145.1m 4.25% Reduced -19.1k -19,142
56 ASSETMARK, INC 0.52% of their portfolio CONCORD, CA 465,244465.2k $144.6m $144.6m 0.52% Reduced -15.2k -15,173
57 Retirement Investment Advisors, Inc. 20.01% of their portfolio OKLAHOMA CITY, OK 449,700449.7k $139.8m $139.8m 20.01% Reduced -363.3k -363,310
58 Cetera Advisor Networks LLC 0.78% of their portfolio EL SEGUNDO, CA 449,454449.5k $139.7m $139.7m 0.78% Added +8.8k +8,847
59 Waldron Private Wealth LLC 6.53% of their portfolio BRIDGEVILLE, PA 441,966442.0k $137.4m $137.4m 6.53% Added +47.8k +47,849
60 Cambridge Investment Research Advisors, Inc. 0.56% of their portfolio FAIRFIELD, IA 424,470424.5k $132.0m $132.0m 0.56% Added +801 +801
61 TWO SIGMA INVESTMENTS, LP 0.31% of their portfolio NEW YORK, NY 410,000410.0k $127.5m $127.5m 0.31% Added +180.4k +180,400
62 Envestnet Portfolio Solutions, Inc. 0.51% of their portfolio BERWYN, PA 397,686397.7k $123.6m $123.6m 0.51% Reduced -8.9k -8,908
63 Private Advisor Group, LLC 0.94% of their portfolio MORRISTOWN, NJ 389,557389.6k $121.1m $121.1m 0.94% Added +727 +727
64 Kestra Advisory Services, LLC 0.98% of their portfolio AUSTIN, TX 388,448388.4k $120.8m $120.8m 0.98% Added +34.4k +34,445
65 WOODMONT INVESTMENT COUNSEL LLC 10.86% of their portfolio NASHVILLE, TN 373,297373.3k $116.1m $116.1m 10.86% Added +44.2k +44,207
66 INVICTUS PRIVATE WEALTH, LLC 11.35% of their portfolio Denver, CO 373,062373.1k $116.0m $116.0m 11.35% Added +5.8k +5,779
67 MERCER GLOBAL ADVISORS INC /ADV 0.35% of their portfolio DENVER, CO 371,591371.6k $115.5m $115.5m 0.35% Reduced -4.5k -4,495
68 Kensington Asset Management, LLC 6.00% of their portfolio AUSTIN, TX 370,300370.3k $115.1m $115.1m 6.00% Added +15.3k +15,300
69 Gratus Capital, LLC 6.47% of their portfolio ATLANTA, GA 366,274366.3k $113.9m $113.9m 6.47% Reduced -8.2k -8,239
70 BANK OF HAWAII 6.03% of their portfolio HONOLULU, HI 362,176362.2k $112.6m $112.6m 6.03% Reduced -11.2k -11,250
71 CWM, LLC 0.60% of their portfolio OMAHA, NE 361,390361.4k $112.3m $112.3m 0.60% Added +17.4k +17,374
72 US BANCORP \DE\ 0.16% of their portfolio MINNEAPOLIS, MN 358,533358.5k $111.5m $111.5m 0.16% Reduced -10.4k -10,442
73 BOK Financial Private Wealth, Inc. 9.05% of their portfolio DENVER, CO 358,148358.1k $111.3m $111.3m 9.05% Reduced -10.6k -10,561
74 CITIGROUP INC 0.15% of their portfolio NEW YORK, NY 354,097354.1k $110.1m $110.1m 0.15% Added +64.6k +64,626
75 Venturi Wealth Management, LLC 7.66% of their portfolio AUSTIN, TX 348,572348.6k $108.4m $108.4m 7.66% Added +24.6k +24,648
76 Pathstone Holdings, LLC 0.58% of their portfolio ENGLEWOOD, NJ 346,605346.6k $107.8m $107.8m 0.58% First filing
77 STEPHENS GROUP ASSET MANAGEMENT, LLC 10.42% of their portfolio LITTLE ROCK, AR 343,761343.8k $106.9m $106.9m 10.42% Reduced -8.0k -8,009
78 Brookstone Capital Management 2.07% of their portfolio WHEATON, IL 342,316342.3k $106.4m $106.4m 2.07% Added +96.1k +96,092
79 COLDSTREAM CAPITAL MANAGEMENT INC 2.94% of their portfolio BELLEVUE, WA 338,106338.1k $105.1m $105.1m 2.94% Reduced -19.3k -19,327
80 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio Toronto, A6 335,418335.4k $104.3m $104.3m 0.06% Reduced -22.3k -22,323
81 Atria Wealth Solutions, Inc. 1.27% of their portfolio NEW YORK, NY 324,133324.1k $100.8m $100.8m 1.27% Added +1.8k +1,823
82 Beacon Pointe Advisors, LLC 1.18% of their portfolio NEWPORT BEACH, CA 315,920315.9k $98.2m $98.2m 1.18% Reduced -47.4k -47,448
83 NewEdge Advisors, LLC 0.95% of their portfolio NEW ORLEANS, LA 315,590315.6k $99.9m $99.9m 0.95% Added +21.6k +21,594
84 Wealthspire Advisors, LLC 1.38% of their portfolio NEW YORK, NY 313,165313.2k $97.4m $97.4m 1.38% Reduced -5.7k -5,668
85 Strategies Wealth Advisors, LLC 15.82% of their portfolio GRAND RAPIDS, MI 297,929297.9k $92.6m $92.6m 15.82% Added +8.5k +8,545
86 Sumitomo Mitsui DS Asset Management Company, Ltd 1.17% of their portfolio TOKYO, M0 288,713288.7k $89.8m $89.8m 1.17% Reduced -9.9k -9,900
87 Baird Financial Group, Inc. 0.20% of their portfolio MILWAUKEE, WI 287,849287.8k $89.5m $89.5m 0.20% Reduced -17.5k -17,470
88 CENTRAL TRUST Co 2.34% of their portfolio JEFFERSON CITY, MO 283,336283.3k $88.1m $88.1m 2.34% Added +1.0k +1,007
89 Financial Synergies Wealth Advisors, Inc. 9.16% of their portfolio HOUSTON, TX 277,614277.6k $59.2m $59.2m 9.16% Added +1.7k +1,746
90 B. Riley Wealth Advisors, Inc. 2.27% of their portfolio MEMPHIS, TN 270,854270.9k $84.2m $84.2m 2.27% Reduced -77.8k -77,820
91 Creative Planning 0.15% of their portfolio OVERLAND PARK, KS 268,771268.8k $83.6m $83.6m 0.15% Added +48.9k +48,922
92 MOSAIC FAMILY WEALTH PARTNERS, LLC 14.40% of their portfolio ST. LOUIS, MO 268,683268.7k $83.5m $83.5m 14.40% Reduced -18.2k -18,228
93 AVANTAX ADVISORY SERVICES, INC. 0.81% of their portfolio DALLAS, TX 262,337262.3k $81.6m $81.6m 0.81% Added +19.9k +19,876
94 Rockefeller Capital Management L.P. 0.27% of their portfolio NEW YORK, NY 261,506261.5k $81.3m $81.3m 0.27% Added +38.1k +38,125
95 Rezny Wealth Management, Inc. 25.81% of their portfolio Fort Myers, FL 260,739260.7k $81.1m $81.1m 25.81% Added +61.4k +61,383
96 Martel Wealth Advisors LLC 18.24% of their portfolio VANCOUVER, WA 258,287258.3k $80.3m $80.3m 18.24% Reduced -3.3k -3,282
97 TWO SIGMA ADVISERS, LP 0.19% of their portfolio NEW YORK, NY 255,200255.2k $79.3m $79.3m 0.19% Added +96.9k +96,900
98 Orion Porfolio Solutions, LLC 0.91% of their portfolio OMAHA, NE 255,027255.0k $78.5m $78.5m 0.91% Reduced -10.7k -10,676
99 Orion Portfolio Solutions, LLC 0.91% of their portfolio Omaha, NE 255,027255.0k $78.5m $78.5m 0.91% Reduced -10.7k -10,676
100 ALLIANCEBERNSTEIN L.P. 0.03% of their portfolio NASHVILLE, TN 252,397252.4k $78.5m $78.5m 0.03% Added +6.6k +6,626