Vault-13

VANGUARD INDEX FDS VUG

GROWTH ETF · ETP · CUSIP 922908736

2,455 institutional holders -53 vs Q4 2024
253,772,466253.8m shares reported held*
$93.7bnreported value*
93 new 1,004 added 915 reduced 133 sold out net bought ≈ $3.8bn (+10.1m 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 ($134.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $369.37. Options: 4 managers hold calls ($116.2m notional), 5 hold puts ($111.8m).

Trends to Q1 2025

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: 2,049Q1 24: 2,099Q2 24: 2,164Q3 24: 2,229Q4 24: 2,508Q1 25: 2,4552,455Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 20221,558
Q4 20221,671
Q1 20231,722
Q2 20231,828
Q3 20231,839
Q4 20232,049
Q1 20242,099
Q2 20242,164
Q3 20242,229
Q4 20242,508
Q1 20252,455

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ2 23: 830 bought or addedQ2 23: 731 cut or sold outQ3 23: 842 bought or addedQ3 23: 735 cut or sold outQ3 23Q4 23: 931 bought or addedQ4 23: 712 cut or sold outQ1 24: 942 bought or addedQ1 24: 904 cut or sold outQ1 24Q2 24: 925 bought or addedQ2 24: 865 cut or sold outQ3 24: 1,002 bought or addedQ3 24: 868 cut or sold outQ3 24Q4 24: 1,081 bought or addedQ4 24: 852 cut or sold outQ1 25: 1,097 bought or addedQ1 25: 1,048 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 2023830731
Q3 2023842735
Q4 2023931712
Q1 2024942904
Q2 2024925865
Q3 20241,002868
Q4 20241,081852
Q1 20251,0971,048

Calls vs puts

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

CallsPuts
$0$50m$100m$150mQ2 24 calls: $70.7mQ2 24 puts: $26.3mQ2 24P/C 0.37Q3 24 calls: $89.8mQ3 24 puts: $59.0mQ3 24P/C 0.66Q4 24 calls: $81.1mQ4 24 puts: $111.2mQ4 24P/C 1.37Q1 25 calls: $116.2mQ1 25 puts: $111.8mQ1 25P/C 0.96
Numbers
QuarterCallsPutsP/C
Q2 2024$70.7m$26.3m0.37
Q3 2024$89.8m$59.0m0.66
Q4 2024$81.1m$111.2m1.37
Q1 2025$116.2m$111.8m0.96

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +5,112,756+5.1m
JONES FINANCIAL COMPANIES LLLP Added +3,694,339+3.7m
Provida Pension Fund Administrator Added +730,599+730.6k
Bell Bank New +560,420+560.4k
Wealthspire Advisors, LLC Added +463,025+463.0k
Money Design Co.,Ltd. Added +402,421+402.4k
AMERIPRISE FINANCIAL INC Added +330,550+330.6k
RAYMOND JAMES FINANCIAL INC Added +271,661+271.7k
Orion Portfolio Solutions, LLC Added +252,846+252.8k
CAPTRUST FINANCIAL ADVISORS Added +226,771+226.8k

Biggest sellers

Caisse de depot et placement du Quebec Sold out -1,117,000-1.1m
Focus Partners Wealth Reduced -471,176-471.2k
ALLIANCEBERNSTEIN L.P. Reduced -419,151-419.2k
Balentine LLC Reduced -387,646-387.6k
Financial Engines Advisors L.L.C. Reduced -297,806-297.8k
OSAIC HOLDINGS, INC. Reduced -281,435-281.4k
CSM Advisors, LLC Reduced -236,087-236.1k
LPL Financial LLC Reduced -164,412-164.4k
Checchi Capital Advisers, LLC Reduced -153,411-153.4k
ENVESTNET ASSET MANAGEMENT INC Reduced -149,667-149.7k

Biggest calls

CITADEL ADVISORS LLC Added $52.6m141.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $34.8m93.9k shares
JANE STREET GROUP, LLC Added $20.3m54.8k shares
Belvedere Trading LLC Added $8.5m22.9k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $80.9m218.1k shares
CITADEL ADVISORS LLC Reduced $22.6m61.0k shares
Quaker Wealth Management, LLC First filing $7.6m20.4k shares
JANE STREET GROUP, LLC Reduced $704.6k1.9k shares
UBS Group AG New $37.1k100 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 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 1.60% of their portfolio CHARLOTTE, NC 48,535,88048.5m $18.0bn $18.0bn 1.60% Added +5.1m +5,112,756
2 JONES FINANCIAL COMPANIES LLLP 10.71% of their portfolio DES PERES, MO 32,272,10132.3m $12.0bn $12.0bn 10.71% Added +3.7m +3,694,339
3 MORGAN STANLEY 0.37% of their portfolio NEW YORK, NY 14,021,10414.0m $5.2bn $5.2bn 0.37% Added +102.8k +102,797
4 ENVESTNET ASSET MANAGEMENT INC 0.96% of their portfolio Berwyn, PA 8,048,0328.0m $3.0bn $3.0bn 0.96% Reduced -149.7k -149,667
5 Financial Engines Advisors L.L.C. 5.81% of their portfolio SANTA CLARA, CA 7,299,3867.3m $2.7bn $2.7bn 5.81% Reduced -297.8k -297,806
6 UBS Group AG 0.48% of their portfolio ZURICH, V8 5,876,1335.9m $2.2bn $2.2bn 0.48% Reduced -63.6k -63,647
7 LPL Financial LLC 0.72% of their portfolio FORT MILL, SC 4,964,2025.0m $1.8bn $1.8bn 0.72% Reduced -164.4k -164,412
8 WELLS FARGO & COMPANY/MN 0.35% of their portfolio SAN FRANCISCO, CA 3,922,9263.9m $1.5bn $1.5bn 0.35% Reduced -70.6k -70,631
9 AMERIPRISE FINANCIAL INC 0.39% of their portfolio MINNEAPOLIS, MN 3,869,8683.9m $1.4bn $1.4bn 0.39% Added +330.6k +330,550
10 TIAA TRUST, NATIONAL ASSOCIATION 4.19% of their portfolio CHARLOTTE, NC 3,621,2103.6m $1.3bn $1.3bn 4.19% Added +17.7k +17,656
11 EP Wealth Advisors, LLC 9.88% of their portfolio TORRANCE, CA 3,336,4643.3m $1.2bn $1.2bn 9.88% Added +109.7k +109,654
12 FMR LLC 0.07% of their portfolio BOSTON, MA 2,809,1402.8m $1.0bn $1.0bn 0.07% Reduced -15.2k -15,216
13 RAYMOND JAMES FINANCIAL INC 0.37% of their portfolio ST. PETERSBURG, FL 2,637,0782.6m $977.9m $977.9m 0.37% Added +271.7k +271,661
14 Mill Creek Capital Advisors, LLC 23.53% of their portfolio Conshohocken, PA 2,619,7792.6m $971.5m $971.5m 23.53% Reduced -37.5k -37,481
15 RWA WEALTH PARTNERS, LLC 11.60% of their portfolio BOSTON, MA 2,481,7962.5m $920.3m $920.3m 11.60% Reduced -58.2k -58,208
16 PNC Financial Services Group, Inc. 0.45% of their portfolio Pittsburgh, PA 2,319,8742.3m $860.3m $860.3m 0.45% Added +10.5k +10,528
17 ROYAL BANK OF CANADA 0.17% of their portfolio TORONTO, A6 2,007,7802.0m $744.5m $744.5m 0.17% Added +25.3k +25,290
18 Bank of New York Mellon Corp 0.15% of their portfolio NEW YORK, NY 1,995,6562.0m $740.0m $740.0m 0.15% Reduced -68.6k -68,558
19 COMMONWEALTH EQUITY SERVICES, LLC 0.97% of their portfolio WALTHAM, MA 1,856,3931.9m $688.4m $688.4m 0.97% Reduced -69.1k -69,143
20 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 1,795,8331.8m $665.9m $665.9m 0.05% Added +23.9k +23,902
21 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.53% of their portfolio MILWAUKEE, WI 1,747,5071.7m $648.0m $648.0m 0.53% Added +42.2k +42,179
22 Mariner, LLC 1.08% of their portfolio Overland Park, KS 1,745,9351.7m $647.4m $647.4m 1.08% Added +94.5k +94,477
23 D.A. DAVIDSON & CO. 5.10% of their portfolio GREAT FALLS, MT 1,713,3291.7m $635.3m $635.3m 5.10% Reduced -26.4k -26,400
24 SEI INVESTMENTS CO 0.73% of their portfolio OAKS, PA 1,528,0861.5m $566.6m $566.6m 0.73% Reduced -16.9k -16,874
25 HighTower Advisors, LLC 0.74% of their portfolio CHICAGO, IL 1,478,7801.5m $548.4m $548.4m 0.74% Added +60.8k +60,774
26 GOLDMAN SACHS GROUP INC 0.10% of their portfolio NEW YORK, NY 1,467,2801.5m $544.1m $544.1m 0.10% Reduced -103.4k -103,441
27 CAPTRUST FINANCIAL ADVISORS 1.31% of their portfolio RALEIGH, NC 1,435,3331.4m $521.8m $521.8m 1.31% Added +226.8k +226,771
28 Provida Pension Fund Administrator 10.37% of their portfolio LAS CONDES, SANTIAGO, F3 1,387,2881.4m $514.5m $514.5m 10.37% Added +730.6k +730,599
29 Balentine LLC 20.33% of their portfolio ATLANTA, GA 1,308,6851.3m $485.3m $485.3m 20.33% Reduced -387.6k -387,646
30 Performance Wealth Partners, LLC 17.12% of their portfolio HINSDALE, IL 1,292,6141.3m $479.3m $479.3m 17.12% Added +5.6k +5,596
31 Modera Wealth Management, LLC 5.91% of their portfolio WESTWOOD, NJ 1,178,8431.2m $437.1m $437.1m 5.91% Added +35.9k +35,863
32 Cetera Investment Advisers 0.80% of their portfolio SCHAUMBURG, IL 1,119,9071.1m $415.3m $415.3m 0.80% Added +67.3k +67,257
33 CHOREO, LLC 5.82% of their portfolio ROCKFORD, IL 1,023,9431.0m $374.7m $374.7m 5.82% Reduced -30.1k -30,090
34 TWO SIGMA INVESTMENTS, LP 0.82% of their portfolio NEW YORK, NY 1,020,9001.0m $378.6m $378.6m 0.82% Added +156.6k +156,600
35 MISSION WEALTH MANAGEMENT, LP 9.27% of their portfolio Santa Barbara, CA 996,704996.7k $369.6m $369.6m 9.27% Reduced -4.3k -4,322
36 TRUIST FINANCIAL CORP 0.59% of their portfolio CHARLOTTE, NC 991,751991.8k $367.8m $367.8m 0.59% Added +7.6k +7,648
37 Wellspring Financial Advisors, LLC 0.96% of their portfolio CLEVELAND, OH 943,782943.8k $8.6m $8.6m 0.96% Reduced -1.1k -1,130
38 Wealthspire Advisors, LLC 2.04% of their portfolio NEW YORK, NY 919,556919.6k $341.0m $341.0m 2.04% Added +463.0k +463,025
39 SIGNATURE ESTATE & INVESTMENT ADVISORS LLC 8.66% of their portfolio LOS ANGELES, CA 886,931886.9k $328.9m $328.9m 8.66% Added +27.9k +27,887
40 CBIZ Investment Advisory Services, LLC 15.77% of their portfolio INDEPENDENCE, OH 868,218868.2k $322.0m $322.0m 15.77% Added +11.1k +11,097
41 Equitable Holdings, Inc. 2.96% of their portfolio NEW YORK, NY 839,521839.5k $311.3m $311.3m 2.96% Added +30.7k +30,692
42 MONETA GROUP INVESTMENT ADVISORS LLC 4.14% of their portfolio ST LOUIS, MO 809,487809.5k $300.2m $300.2m 4.14% Added +25.1k +25,065
43 OSAIC HOLDINGS, INC. 0.65% of their portfolio SCOTTSDALE, AZ 784,680784.7k $291.2m $291.2m 0.65% Reduced -281.4k -281,435
44 Northeast Financial Consultants Inc 12.66% of their portfolio WESTPORT, CT 770,019770.0k $285.5m $285.5m 12.66% Reduced -2.4k -2,379
45 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 754,926754.9k $279.9m $279.9m 0.05% Reduced -28.1k -28,108
46 Sanctuary Advisors, LLC 1.93% of their portfolio INDIANAPOLIS, IN 738,972739.0k $274.0m $274.0m 1.93% Reduced -17.4k -17,399
47 STIFEL FINANCIAL CORP 0.29% of their portfolio ST. LOUIS, MO 731,901731.9k $271.4m $271.4m 0.29% Added +5.2k +5,242
48 MML INVESTORS SERVICES, LLC 0.90% of their portfolio SPRINGFIELD, MA 729,109729.1k $270.4m $270.4m 0.90% Reduced -36.8k -36,793
49 LINCOLN NATIONAL CORP 8.33% of their portfolio RADNOR, PA 696,918696.9k $258.4m $258.4m 8.33% Reduced -17.2k -17,221
50 Waverly Advisors, LLC 3.06% of their portfolio BIRMINGHAM, AL 676,811676.8k $251.0m $251.0m 3.06% Added +40.0k +39,959
51 AVANTAX ADVISORY SERVICES, INC. 1.52% of their portfolio DALLAS, TX 673,533673.5k $249.8m $249.8m 1.52% Added +66.9k +66,856
52 CITIGROUP INC 0.18% of their portfolio NEW YORK, NY 628,953629.0k $233.2m $233.2m 0.18% Added +197.7k +197,681
53 Corient Private Wealth LP 0.38% of their portfolio MIAMI, FL 621,501621.5k $230.5m $230.5m 0.38% Reduced -7.4k -7,417
54 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.43% of their portfolio PLYMOUTH, MN 599,364599.4k $222.3m $222.3m 0.43% Added +61.1k +61,142
55 Cullen/Frost Bankers, Inc. 3.05% of their portfolio San Antonio, TX 586,161586.2k $217.4m $217.4m 3.05% Added +10.1k +10,122
56 NATIXIS ADVISORS, LLC 0.40% of their portfolio Boston, MA 577,988578.0k $214.3m $214.3m 0.40% Reduced -7.0k -7,000
57 Bell Bank 11.22% of their portfolio FARGO, ND 560,420560.4k $207.8m $207.8m 11.22% New
58 Money Design Co.,Ltd. 10.04% of their portfolio TOKYO, M0 542,744542.7k $201.3m $201.3m 10.04% Added +402.4k +402,421
59 Focus Partners Wealth 0.50% of their portfolio ST LOUIS, MO 539,934539.9k $200.2m $200.2m 0.50% Reduced -471.2k -471,176
60 Waldron Private Wealth LLC 9.41% of their portfolio BRIDGEVILLE, PA 537,277537.3k $199.2m $199.2m 9.41% Added +37.7k +37,693
61 CWM, LLC 0.79% of their portfolio OMAHA, NE 532,135532.1k $197.3m $197.3m 0.79% Added +103.3k +103,316
62 MATHER GROUP, LLC. 2.28% of their portfolio CHICAGO, IL 530,848530.8k $196.8m $196.8m 2.28% Added +15.5k +15,514
63 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.69% of their portfolio IRVING, TX 530,323530.3k $196.7m $196.7m 1.69% Added +8.3k +8,261
64 ASSETMARK, INC 0.53% of their portfolio CONCORD, CA 522,282522.3k $193.7m $193.7m 0.53% Added +10.2k +10,237
65 Retirement Investment Advisors, Inc. 18.93% of their portfolio OKLAHOMA CITY, OK 504,337504.3k $187.0m $187.0m 18.93% Added +6.2k +6,171
66 Orion Portfolio Solutions, LLC 0.97% of their portfolio Omaha, NE 500,192500.2k $195.3m $195.3m 0.97% Added +252.8k +252,846
67 Garde Capital, Inc. 10.07% of their portfolio SEATTLE, WA 474,292474.3k $175.9m $175.9m 10.07% Reduced -3.4k -3,384
68 Merit Financial Group, LLC 2.61% of their portfolio ALPHARETTA, GA 470,041470.0k $174.3m $174.3m 2.61% Added +9.2k +9,186
69 Baird Financial Group, Inc. 0.33% of their portfolio MILWAUKEE, WI 461,203461.2k $171.0m $171.0m 0.33% Added +20.2k +20,237
70 Cambridge Investment Research Advisors, Inc. 0.57% of their portfolio FAIRFIELD, IA 456,900456.9k $169.4m $169.4m 0.57% Reduced -4.7k -4,739
71 Kestra Advisory Services, LLC 0.82% of their portfolio AUSTIN, TX 455,226455.2k $168.8m $168.8m 0.82% Reduced -9.7k -9,734
72 Avior Wealth Management, LLC 6.27% of their portfolio OMAHA, NE 445,304445.3k $165.1m $165.1m 6.27% Added +4.3k +4,251
73 Private Advisor Group, LLC 0.98% of their portfolio MORRISTOWN, NJ 435,267435.3k $161.4m $161.4m 0.98% Added +14.7k +14,655
74 MERCER GLOBAL ADVISORS INC /ADV 0.35% of their portfolio DENVER, CO 418,422418.4k $154.4m $154.4m 0.35% Added +88.6k +88,606
75 Truepoint, Inc. 4.20% of their portfolio CINCINNATI, OH 417,871417.9k $155.0m $155.0m 4.20% Added +6.7k +6,685
76 NewEdge Advisors, LLC 0.88% of their portfolio NEW ORLEANS, LA 401,341401.3k $148.8m $148.8m 0.88% Reduced -8.1k -8,099
77 WOODMONT INVESTMENT COUNSEL LLC 10.71% of their portfolio NASHVILLE, TN 400,038400.0k $148.3m $148.3m 10.71% Reduced -8.0k -8,002
78 INVICTUS PRIVATE WEALTH, LLC 11.76% of their portfolio Denver, CO 399,923399.9k $148.3m $148.3m 11.76% Added +7.7k +7,715
79 BOK Financial Private Wealth, Inc. 11.12% of their portfolio DENVER, CO 399,182399.2k $148.0m $148.0m 11.12% Added +4.9k +4,949
80 CSM Advisors, LLC 8.04% of their portfolio WARRENDALE, PA 397,274397.3k $147.3m $147.3m 8.04% Reduced -236.1k -236,087
81 Brookstone Capital Management 2.09% of their portfolio WHEATON, IL 393,036393.0k $145.7m $145.7m 2.09% Reduced -23.8k -23,787
82 Smith Anglin Financial, LLC 14.82% of their portfolio DALLAS, TX 377,627377.6k $140.0m $140.0m 14.82% Added +809 +809
83 Cerity Partners LLC 0.28% of their portfolio NEW YORK, NY 363,423363.4k $134.8m $134.8m 0.28% Added +11.7k +11,736
84 Cornerstone Management, Inc. 24.91% of their portfolio DULUTH, GA 358,738358.7k $133.0m $133.0m 24.91% Added +35.3k +35,313
85 Safeguard Financial, LLC 28.85% of their portfolio MINOCQUA, WI 355,130355.1k $131.7m $131.7m 28.85% Added +10.9k +10,855
86 Permanens Capital L.P. 23.89% of their portfolio NEW YORK, NY 354,713354.7k $131.5m $131.5m 23.89% Added +51.4k +51,366
87 Venturi Wealth Management, LLC 6.75% of their portfolio AUSTIN, TX 349,578349.6k $129.6m $129.6m 6.75% Added +96.4k +96,406
88 BANK OF HAWAII 6.98% of their portfolio HONOLULU, HI 327,709327.7k $121.5m $121.5m 6.98% Reduced -2.1k -2,123
89 Rezny Wealth Management, Inc. 30.70% of their portfolio Fort Myers, FL 319,726319.7k $118.6m $118.6m 30.70% Reduced -7.8k -7,802
90 MOSAIC FAMILY WEALTH PARTNERS, LLC 16.65% of their portfolio ST. LOUIS, MO 315,494315.5k $117.0m $117.0m 16.65% Added +8.8k +8,807
91 Howard Capital Management, LLC 2.93% of their portfolio Alpharetta, GA 314,108314.1k $116.5m $116.5m 2.93% Reduced -713 -713
92 Beacon Pointe Advisors, LLC 1.30% of their portfolio NEWPORT BEACH, CA 312,694312.7k $116.0m $116.0m 1.30% Reduced -18.8k -18,797
93 STEPHENS GROUP ASSET MANAGEMENT, LLC 9.23% of their portfolio LITTLE ROCK, AR 308,704308.7k $114.5m $114.5m 9.23% Reduced -10.6k -10,607
94 US BANCORP \DE\ 0.15% of their portfolio MINNEAPOLIS, MN 306,098306.1k $113.5m $113.5m 0.15% Reduced -13.3k -13,344
95 Envestnet Portfolio Solutions, Inc. 0.43% of their portfolio BERWYN, PA 305,395305.4k $113.2m $113.2m 0.43% Reduced -29.6k -29,627
96 Rockefeller Capital Management L.P. 0.28% of their portfolio NEW YORK, NY 303,458303.5k $112.5m $112.5m 0.28% Reduced -19.7k -19,719
97 ALLIANCEBERNSTEIN L.P. 0.04% of their portfolio NASHVILLE, TN 298,501298.5k $110.7m $110.7m 0.04% Reduced -419.2k -419,151
98 Creative Planning 0.10% of their portfolio OVERLAND PARK, KS 297,378297.4k $110.3m $110.3m 0.10% Added +2.9k +2,889
99 COLDSTREAM CAPITAL MANAGEMENT INC 2.34% of their portfolio BELLEVUE, WA 295,762295.8k $109.7m $109.7m 2.34% Reduced -11.9k -11,918
100 SIMON QUICK ADVISORS, LLC 6.01% of their portfolio MORRISTOWN, NJ 284,943284.9k $105.7m $105.7m 6.01% Added +4.5k +4,523