Vault-13

VANGUARD INDEX FDS VTV

VALUE ETF · ETP · CUSIP 922908744

1,843 institutional holders +13 vs Q2 2023
486,560,929486.6m shares reported held*
$67.0bnreported value*
101 new 805 added 660 reduced 84 sold out net bought ≈ $1.0bn (-9.7m 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 ($382.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $137.67. Options: 5 managers hold calls ($23.7m notional), 5 hold puts ($9.6m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

01k2kQ3 22: 1,647Q4 22: 1,829Q1 23: 1,800Q2 23: 1,830Q3 23: 1,8431,843Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 20221,647
Q4 20221,829
Q1 20231,800
Q2 20231,830
Q3 20231,843

Buyers vs sellers

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

Bought or addedCut or sold out
1k01kQ4 22: 942 bought or addedQ4 22: 591 cut or sold outQ4 22Q1 23: 874 bought or addedQ1 23: 752 cut or sold outQ1 23Q2 23: 830 bought or addedQ2 23: 800 cut or sold outQ2 23Q3 23: 906 bought or addedQ3 23: 744 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022942591
Q1 2023874752
Q2 2023830800
Q3 2023906744

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ4 22 calls: $36.6mQ4 22 puts: $12.9mQ4 22P/C 0.35Q1 23 calls: $48.2mQ1 23 puts: $12.1mQ1 23P/C 0.25Q2 23 calls: $39.6mQ2 23 puts: $9.2mQ2 23P/C 0.23Q3 23 calls: $23.7mQ3 23 puts: $9.6mQ3 23P/C 0.40
Numbers
QuarterCallsPutsP/C
Q4 2022$36.6m$12.9m0.35
Q1 2023$48.2m$12.1m0.25
Q2 2023$39.6m$9.2m0.23
Q3 2023$23.7m$9.6m0.40

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +5,323,843+5.3m
CHARLES SCHWAB INVESTMENT MANAGEMENT INC New +2,862,740+2.9m
EP Wealth Advisors, LLC Added +2,324,846+2.3m
AVANTAX ADVISORY SERVICES, INC. Added +1,690,253+1.7m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +854,145+854.1k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +603,175+603.2k
JONES FINANCIAL COMPANIES LLLP Added +583,028+583.0k
Strategic Investment Solutions, Inc. /IL Added +564,732+564.7k
LPL Financial LLC Added +549,925+549.9k
NATIXIS ADVISORS, LLC Added +534,540+534.5k

Biggest sellers

Bishop & Co Investment Management, LLC Reduced -19,395,523-19.4m
TD AMERITRADE INVESTMENT MANAGEMENT, LLC Reduced -3,137,656-3.1m
Members Trust Co Reduced -3,109,214-3.1m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,533,172-1.5m
CIBC Private Wealth Group LLC Reduced -1,503,548-1.5m
UNITED CAPITAL FINANCIAL ADVISORS, LLC Reduced -857,001-857.0k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Reduced -558,462-558.5k
PARTNERS CAPITAL INVESTMENT GROUP, LLP Reduced -544,552-544.6k
Cerity Partners LLC Reduced -515,238-515.2k
CreativeOne Wealth, LLC Reduced -467,579-467.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $16.2m117.8k shares
CITADEL ADVISORS LLC Reduced $5.0m36.1k shares
WOLVERINE TRADING, LLC Reduced $2.2m15.6k shares
Private Advisor Group, LLC New $353.8k256.5k shares
Cutler Group LLC / CA Added $13.0k24.1k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $6.1m44.1k shares
CITADEL ADVISORS LLC Added $2.8m20.1k shares
WOLVERINE TRADING, LLC Added $689.6k5.0k shares
BANK OF AMERICA CORP /DE/ New $27.6k200 shares
Cutler Group LLC / CA Added $15.0k3.4k 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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 1.67% of their portfolio CHARLOTTE, NC 98,166,03098.2m $13.5bn $13.5bn 1.67% Added +5.3m +5,323,843
2 JONES FINANCIAL COMPANIES LLLP 12.18% of their portfolio DES PERES, MO 53,699,58953.7m $7.4bn $7.4bn 12.18% Added +583.0k +583,028
3 MORGAN STANLEY 0.39% of their portfolio NEW YORK, NY 27,651,64127.7m $3.8bn $3.8bn 0.39% Reduced -75.8k -75,756
4 ENVESTNET ASSET MANAGEMENT INC 1.25% of their portfolio Berwyn, PA 19,863,10819.9m $2.7bn $2.7bn 1.25% Reduced -1.5m -1,533,172
5 Betterment LLC 5.56% of their portfolio NEW YORK, NY 12,721,77512.7m $1.8bn $1.8bn 5.56% Added +231.3k +231,256
6 UBS Group AG 0.78% of their portfolio ZURICH, V8 12,336,73412.3m $1.7bn $1.7bn 0.78% Reduced -267.8k -267,820
7 AMERIPRISE FINANCIAL INC 0.38% of their portfolio MINNEAPOLIS, MN 8,423,7668.4m $1.2bn $1.2bn 0.38% Added +119.9k +119,948
8 LPL Financial LLC 0.80% of their portfolio FORT MILL, SC 8,306,3558.3m $1.1bn $1.1bn 0.80% Added +549.9k +549,925
9 WELLS FARGO & COMPANY/MN 0.26% of their portfolio SAN FRANCISCO, CA 6,004,6396.0m $828.2m $828.2m 0.26% Reduced -188.9k -188,877
10 TIAA TRUST, NATIONAL ASSOCIATION 2.74% of their portfolio CHARLOTTE, NC 5,518,7775.5m $761.2m $761.2m 2.74% First filing
11 FMR LLC 0.06% of their portfolio BOSTON, MA 5,015,6145.0m $691.8m $691.8m 0.06% Reduced -122.4k -122,433
12 Mill Creek Capital Advisors, LLC 22.56% of their portfolio Conshohocken, PA 4,921,9394.9m $678.9m $678.9m 22.56% Added +164.8k +164,832
13 PNC Financial Services Group, Inc. 0.57% of their portfolio Pittsburgh, PA 4,854,3944.9m $669.6m $669.6m 0.57% Reduced -21.5k -21,498
14 D.A. DAVIDSON & CO. 7.21% of their portfolio GREAT FALLS, MT 4,816,7534.8m $664.4m $664.4m 7.21% Added +42.9k +42,900
15 CAPTRUST FINANCIAL ADVISORS 2.47% of their portfolio RALEIGH, NC 4,685,9534.7m $646.3m $646.3m 2.47% Added +173.5k +173,458
16 TRUIST FINANCIAL CORP 1.07% of their portfolio CHARLOTTE, NC 4,626,1894.6m $638.1m $638.1m 1.07% Added +124.3k +124,296
17 ROYAL BANK OF CANADA 0.18% of their portfolio TORONTO, A6 4,573,8494.6m $630.9m $630.9m 0.18% Added +75.4k +75,354
18 RWA WEALTH PARTNERS, LLC 13.67% of their portfolio BOSTON, MA 4,550,4074.6m $627.6m $627.6m 13.67% Added +130.3k +130,311
19 Raymond James Financial Services Advisors, Inc. 1.01% of their portfolio ST. PETERSBURG, FL 4,037,7494.0m $556.9m $556.9m 1.01% Added +123.2k +123,220
20 GOLDMAN SACHS GROUP INC 0.14% of their portfolio NEW YORK, NY 3,914,0223.9m $539.9m $539.9m 0.14% Added +29.9k +29,864
21 Bank of New York Mellon Corp 0.12% of their portfolio NEW YORK, NY 3,832,6483.8m $528.6m $528.6m 0.12% Reduced -56.3k -56,291
22 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.62% of their portfolio MILWAUKEE, WI 3,450,8803.5m $476.0m $476.0m 0.62% Reduced -558.5k -558,462
23 SEI INVESTMENTS CO 0.82% of their portfolio OAKS, PA 3,305,9923.3m $456.0m $456.0m 0.82% Added +124.4k +124,425
24 Mariner, LLC 1.21% of their portfolio Overland Park, KS 3,278,3873.3m $452.2m $452.2m 1.21% Added +74.5k +74,454
25 OSAIC HOLDINGS, INC. 0.67% of their portfolio SCOTTSDALE, AZ 3,270,1193.3m $451.2m $451.2m 0.67% Added +461.8k +461,783
26 COMMONWEALTH EQUITY SERVICES, LLC 0.89% of their portfolio WALTHAM, MA 3,119,9833.1m $430.3m $430.3m 0.89% Added +84.4k +84,384
27 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.11% of their portfolio SAN FRANCISCO, CA 2,862,7402.9m $394.9m $394.9m 0.11% New
28 Members Trust Co 11.44% of their portfolio TAMPA, FL 2,826,4572.8m $392.4m $392.4m 11.44% Reduced -3.1m -3,109,214
29 PARTNERS CAPITAL INVESTMENT GROUP, LLP 9.33% of their portfolio BOSTON, MA 2,816,2182.8m $388.4m $388.4m 9.33% Reduced -544.6k -544,552
30 Provida Pension Fund Administrator 13.68% of their portfolio LAS CONDES, SANTIAGO, F3 2,765,8712.8m $381.5m $381.5m 13.68% Reduced -69.0k -69,015
31 CHURCHILL MANAGEMENT Corp 5.89% of their portfolio Los Angeles, CA 2,527,9182.5m $348.7m $348.7m 5.89% Reduced -41.4k -41,385
32 EP Wealth Advisors, LLC 5.12% of their portfolio TORRANCE, CA 2,392,8392.4m $330.0m $330.0m 5.12% Added +2.3m +2,324,846
33 UNITED CAPITAL FINANCIAL ADVISORS, LLC 2.02% of their portfolio IRVING, TX 2,230,7162.2m $307.7m $307.7m 2.02% Reduced -857.0k -857,001
34 RAYMOND JAMES & ASSOCIATES 0.24% of their portfolio ST PETERSBURG, FL 2,109,6932.1m $291.0m $291.0m 0.24% Reduced -22.9k -22,929
35 AVANTAX ADVISORY SERVICES, INC. 3.17% of their portfolio DALLAS, TX 2,054,4842.1m $283.4m $283.4m 3.17% Added +1.7m +1,690,253
36 HighTower Advisors, LLC 0.49% of their portfolio CHICAGO, IL 1,897,5461.9m $261.7m $261.7m 0.49% Added +34.6k +34,594
37 Pacific Life Fund Advisors LLC 27.63% of their portfolio NEWPORT BEACH, CA 1,892,4091.9m $261.0m $261.0m 27.63% Reduced -175.6k -175,600
38 ASSETMARK, INC 1.03% of their portfolio CONCORD, CA 1,870,6971.9m $258.0m $258.0m 1.03% Reduced -9.0k -9,048
39 MISSION WEALTH MANAGEMENT, LP 9.73% of their portfolio Santa Barbara, CA 1,863,4951.9m $257.0m $257.0m 9.73% Added +100.0k +99,981
40 Permanens Capital L.P. 41.90% of their portfolio NEW YORK, NY 1,776,9451.8m $245.1m $245.1m 41.90% Added +359.9k +359,872
41 CHOREO, LLC 8.66% of their portfolio ROCKFORD, IL 1,774,0291.8m $244.7m $244.7m 8.66% Added +14.9k +14,940
42 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 1,703,0581.7m $234.9m $234.9m 0.03% Added +14.5k +14,548
43 Retirement Investment Advisors, Inc. 20.74% of their portfolio OKLAHOMA CITY, OK 1,651,7081.7m $227.8m $227.8m 20.74% Added +479.4k +479,399
44 SCS Capital Management LLC 5.86% of their portfolio BOSTON, MA 1,593,9301.6m $219.9m $219.9m 5.86% Reduced -76.8k -76,805
45 NATIXIS ADVISORS, LLC 0.63% of their portfolio Boston, MA 1,482,9411.5m $204.5m $204.5m 0.63% Added +534.5k +534,540
46 Trustees of Dartmouth College 89.97% of their portfolio HANOVER, NH 1,440,9501.4m $198.8m $198.8m 89.97% Reduced -144.0k -144,000
47 Facet Wealth, Inc. 9.12% of their portfolio WEST PALM BEACH, FL 1,380,6841.4m $185.4m $185.4m 9.12% Reduced -43.0k -42,998
48 MML INVESTORS SERVICES, LLC 1.05% of their portfolio SPRINGFIELD, MA 1,372,8901.4m $189.4m $189.4m 1.05% Reduced -15.4k -15,413
49 CBIZ Investment Advisory Services, LLC 16.57% of their portfolio INDEPENDENCE, OH 1,308,3671.3m $180.5m $180.5m 16.57% Reduced -151.7k -151,689
50 Foster Group, Inc. 10.54% of their portfolio WEST DES MOINES, IA 1,250,0971.3m $172.4m $172.4m 10.54% Added +3.5k +3,479
51 Modera Wealth Management, LLC 3.20% of their portfolio WESTWOOD, NJ 1,231,9741.2m $169.9m $169.9m 3.20% Added +68.9k +68,914
52 J.P. Morgan Private Wealth Advisors LLC 0.48% of their portfolio SAN FRANCISCO, CA 1,224,3071.2m $168.9m $168.9m 0.48% Added +14.8k +14,803
53 Cetera Advisor Networks LLC 1.05% of their portfolio EL SEGUNDO, CA 1,207,6461.2m $166.6m $166.6m 1.05% Added +390.6k +390,647
54 STIFEL FINANCIAL CORP 0.23% of their portfolio ST. LOUIS, MO 1,202,5381.2m $165.9m $165.9m 0.23% Reduced -77.4k -77,417
55 Baird Financial Group, Inc. 0.44% of their portfolio MILWAUKEE, WI 1,156,9311.2m $159.6m $159.6m 0.44% Added +22.3k +22,302
56 MATHER GROUP, LLC. 2.82% of their portfolio CHICAGO, IL 1,151,4101.2m $158.8m $158.8m 2.82% Reduced -70.3k -70,294
57 Equitable Holdings, Inc. 2.23% of their portfolio NEW YORK, NY 1,127,5151.1m $155.5m $155.5m 2.23% Added +55.4k +55,376
58 US BANCORP \DE\ 0.25% of their portfolio MINNEAPOLIS, MN 1,127,3871.1m $154.8m $154.8m 0.25% Added +236.4k +236,447
59 CIBC Private Wealth Group LLC 0.36% of their portfolio ATLANTA, GA 1,110,8821.1m $153.2m $153.2m 0.36% Reduced -1.5m -1,503,548
60 MONETA GROUP INVESTMENT ADVISORS LLC 3.36% of their portfolio ST LOUIS, MO 1,073,2721.1m $148.0m $148.0m 3.36% Added +59.8k +59,797
61 Envestnet Portfolio Solutions, Inc. 0.67% of their portfolio BERWYN, PA 1,035,2781.0m $142.8m $142.8m 0.67% First filing
62 Garde Capital, Inc. 12.01% of their portfolio SEATTLE, WA 1,021,9191.0m $141.0m $141.0m 12.01% Added +14.1k +14,122
63 Waldron Private Wealth LLC 7.17% of their portfolio BRIDGEVILLE, PA 1,001,3771.0m $138.1m $138.1m 7.17% Added +9.8k +9,846
64 Cambridge Investment Research Advisors, Inc. 0.64% of their portfolio FAIRFIELD, IA 997,788997.8k $137.6m $137.6m 0.64% Added +32.7k +32,728
65 Wellspring Financial Advisors, LLC 5.80% of their portfolio CLEVELAND, OH 976,297976.3k $19.8m $19.8m 5.80% Reduced -137 -137
66 Beacon Pointe Advisors, LLC 1.63% of their portfolio NEWPORT BEACH, CA 944,013944.0k $130.2m $130.2m 1.63% Added +176.1k +176,053
67 Employees' Retirement Fund of the City of Fort Worth 28.22% of their portfolio FORT WORTH, TX 928,774928.8k $128.1m $128.1m 28.22% Reduced -150.0k -150,000
68 Systematic Alpha Investments, LLC 6.15% of their portfolio PRINCETON, NJ 894,868894.9k $123.4m $123.4m 6.15% Unchanged
69 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.40% of their portfolio PLYMOUTH, MN 877,719877.7k $121.1m $121.1m 0.40% Added +854.1k +854,145
70 VISTA CAPITAL PARTNERS, INC. 17.94% of their portfolio PORTLAND, OR 869,716869.7k $120.0m $120.0m 17.94% Reduced -19.4k -19,408
71 Money Design Co.,Ltd. 7.12% of their portfolio TOKYO, M0 850,447850.4k $117.3m $117.3m 7.12% Added +111.4k +111,433
72 Cetera Investment Advisers 0.99% of their portfolio SCHAUMBURG, IL 827,910827.9k $114.2m $114.2m 0.99% Added +58.3k +58,329
73 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 3.09% of their portfolio MINNEAPOLIS, MN 801,724801.7k $110.6m $110.6m 3.09% Added +59.8k +59,766
74 MBB PUBLIC MARKETS I LLC 7.40% of their portfolio CHICAGO, IL 799,633799.6k $110.3m $110.3m 7.40% Unchanged
75 Saudi Central Bank 26.69% of their portfolio Riyadh, T0 756,686756.7k $104.4m $104.4m 26.69% Unchanged
76 CITIGROUP INC 0.14% of their portfolio NEW YORK, NY 730,883730.9k $100.8m $100.8m 0.14% Added +248.7k +248,721
77 Sequoia Financial Advisors, LLC 1.74% of their portfolio Akron, OH 719,554719.6k $99.2m $99.2m 1.74% Reduced -8.9k -8,925
78 STEPHENS GROUP ASSET MANAGEMENT, LLC 10.57% of their portfolio LITTLE ROCK, AR 711,496711.5k $98.1m $98.1m 10.57% Reduced -73.5k -73,513
79 BlackRock Inc. 0.00% of their portfolio New York, NY 699,193699.2k $96.4m $96.4m 0.00% Reduced -11.6k -11,624
80 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio Toronto, A6 691,647691.6k $95.4m $95.4m 0.06% Added +603.2k +603,175
81 CSM Advisors, LLC 8.30% of their portfolio WARRENDALE, PA 687,683687.7k $94.9m $94.9m 8.30% Reduced -1.8k -1,800
82 NSI Retail Advisors, LLC 19.74% of their portfolio WARRENDALE, PA 666,298666.3k $91.9m $91.9m 19.74% Unchanged
83 BLAIR WILLIAM & CO/IL 0.35% of their portfolio CHICAGO, IL 657,351657.4k $90.7m $90.7m 0.35% Reduced -13.4k -13,418
84 Atria Wealth Solutions, Inc. 1.27% of their portfolio NEW YORK, NY 657,048657.0k $90.6m $90.6m 1.27% Reduced -11.1k -11,115
85 Thrive Wealth Management, LLC 24.05% of their portfolio AUDUBON, PA 655,367655.4k $90.4m $90.4m 24.05% Added +29.6k +29,585
86 Private Advisor Group, LLC 0.81% of their portfolio MORRISTOWN, NJ 654,201654.2k $90.2m $90.2m 0.81% Added +13.5k +13,543
87 BRANDYWINE OAK PRIVATE WEALTH LLC 10.57% of their portfolio Kennett Square, PA 644,162644.2k $88.8m $88.8m 10.57% Reduced -22.4k -22,374
88 CITIZENS FINANCIAL GROUP INC/RI 3.59% of their portfolio PROVIDENCE, RI 639,332639.3k $88.2m $88.2m 3.59% Reduced -3.6k -3,621
89 Brickley Wealth Management 23.21% of their portfolio SAN MATEO, CA 630,698630.7k $87.0m $87.0m 23.21% Added +287 +287
90 NewEdge Advisors, LLC 0.95% of their portfolio NEW ORLEANS, LA 629,077629.1k $86.8m $86.8m 0.95% Added +52.6k +52,555
91 Relative Value Partners Group, LLC 5.76% of their portfolio NORTHBROOK, IL 621,651621.7k $85.7m $85.7m 5.76% Added +13.7k +13,747
92 Efficient Advisors, LLC 5.79% of their portfolio BEAVERTON, OR 620,443620.4k $85.6m $85.6m 5.79% Reduced -944 -944
93 Richard Bernstein Advisors LLC 1.89% of their portfolio NEW YORK, NY 612,507612.5k $84.5m $84.5m 1.89% Reduced -17.5k -17,471
94 Thrivent Financial for Lutherans 0.20% of their portfolio Minneapolis, MN 611,584611.6k $84.5m $84.5m 0.20% Reduced -26.9k -26,892
95 PrairieView Partners, LLC 11.14% of their portfolio ST. PAUL, MN 595,815595.8k $82.2m $82.2m 11.14% Reduced -1.8k -1,794
96 Sumitomo Mitsui DS Asset Management Company, Ltd 1.24% of their portfolio TOKYO, M0 580,850580.9k $80.1m $80.1m 1.24% Unchanged
97 WOODMONT INVESTMENT COUNSEL LLC 8.45% of their portfolio NASHVILLE, TN 579,167579.2k $79.9m $79.9m 8.45% Added +35.3k +35,303
98 Strategic Investment Solutions, Inc. /IL 1.01% of their portfolio ORLAND PARK, IL 573,916573.9k $82.3m $82.3m 1.01% Added +564.7k +564,732
99 BANK OF HAWAII 4.53% of their portfolio HONOLULU, HI 571,112571.1k $78.8m $78.8m 4.53% Reduced -17.9k -17,887
100 Cable Hill Partners, LLC 10.63% of their portfolio PORTLAND, OR 570,531570.5k $78.7m $78.7m 10.63% Added +11.9k +11,881