Vault-13

VANGUARD INDEX FDS VTV

VALUE ETF · ETP · CUSIP 922908744

2,043 institutional holders +200 vs Q3 2023
527,959,206528.0m shares reported held*
$78.8bnreported value*
117 new 799 added 723 reduced 65 sold out net bought ≈ $5.4bn (+35.7m 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 ($50.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $149.28. Options: 3 managers hold calls ($36.5m notional), 4 hold puts ($7.9m).

Trends to Q4 2023

Institutional holders

Managers reporting a position, each quarter

01k2k3kQ3 22: 1,647Q4 22: 1,829Q1 23: 1,800Q2 23: 1,830Q3 23: 1,843Q4 23: 2,0432,043Q3 22Q4 22Q1 23Q2 23Q3 23Q4 23
Numbers
QuarterHolders
Q3 20221,647
Q4 20221,829
Q1 20231,800
Q2 20231,830
Q3 20231,843
Q4 20232,043

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 23Q4 23: 916 bought or addedQ4 23: 788 cut or sold outQ4 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022942591
Q1 2023874752
Q2 2023830800
Q3 2023906744
Q4 2023916788

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ1 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 0.40Q4 23 calls: $36.5mQ4 23 puts: $7.9mQ4 23P/C 0.22
Numbers
QuarterCallsPutsP/C
Q1 2023$48.2m$12.1m0.25
Q2 2023$39.6m$9.2m0.23
Q3 2023$23.7m$9.6m0.40
Q4 2023$36.5m$7.9m0.22

Biggest buyers

MORGAN STANLEY Added +28,881,817+28.9m
BANK OF AMERICA CORP /DE/ Added +4,969,581+5.0m
JPMORGAN CHASE & CO Added +3,953,148+4.0m
GOLDMAN SACHS GROUP INC Added +2,056,931+2.1m
SCS Capital Management LLC Added +1,440,922+1.4m
AMERIPRISE FINANCIAL INC Added +1,224,128+1.2m
Richard Bernstein Advisors LLC Added +1,006,453+1.0m
BlackRock Inc. Added +604,785+604.8k
Chan Zuckerberg Initiative, LLC New +599,163+599.2k
Cerity Partners LLC Added +528,015+528.0k

Biggest sellers

JONES FINANCIAL COMPANIES LLLP Reduced -5,082,399-5.1m
OSAIC HOLDINGS, INC. Reduced -916,189-916.2k
UNITED CAPITAL FINANCIAL ADVISORS, LLC Reduced -807,537-807.5k
TRUIST FINANCIAL CORP Reduced -773,988-774.0k
NATIXIS ADVISORS, LLC Reduced -758,568-758.6k
Retirement Investment Advisors, Inc. Reduced -692,290-692.3k
Strategic Investment Solutions, Inc. /IL Reduced -547,417-547.4k
Syntegra Private Wealth Group, LLC Reduced -460,586-460.6k
ENVESTNET ASSET MANAGEMENT INC Reduced -406,261-406.3k
EVOKE WEALTH, LLC Sold out -394,602-394.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $32.6m217.8k shares
CITADEL ADVISORS LLC Reduced $3.9m25.8k shares
Cutler Group LLC / CA Reduced $104.0k16.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.7m38.3k shares
CITADEL ADVISORS LLC Reduced $1.7m11.7k shares
BANK OF AMERICA CORP /DE/ Added $448.5k3.0k shares
Cutler Group LLC / CA Added $2.0k4.0k 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/ 1.75% of their portfolio CHARLOTTE, NC 103,135,611103.1m $15.4bn $15.4bn 1.75% Added +5.0m +4,969,581
2 MORGAN STANLEY 0.37% of their portfolio NEW YORK, NY 56,533,45856.5m $8.5bn $8.5bn 0.37% Added +28.9m +28,881,817
3 JONES FINANCIAL COMPANIES LLLP 10.93% of their portfolio DES PERES, MO 48,617,19048.6m $7.3bn $7.3bn 10.93% Reduced -5.1m -5,082,399
4 ENVESTNET ASSET MANAGEMENT INC 1.20% of their portfolio Berwyn, PA 19,456,84719.5m $2.9bn $2.9bn 1.20% Reduced -406.3k -406,261
5 Betterment LLC 5.47% of their portfolio NEW YORK, NY 12,711,73512.7m $1.9bn $1.9bn 5.47% Reduced -10.0k -10,040
6 UBS Group AG 0.75% of their portfolio ZURICH, V8 12,453,22612.5m $1.9bn $1.9bn 0.75% Added +116.5k +116,492
7 AMERIPRISE FINANCIAL INC 0.43% of their portfolio MINNEAPOLIS, MN 9,647,8949.6m $1.4bn $1.4bn 0.43% Added +1.2m +1,224,128
8 LPL Financial LLC 0.78% of their portfolio FORT MILL, SC 8,624,1408.6m $1.3bn $1.3bn 0.78% Added +317.8k +317,785
9 WELLS FARGO & COMPANY/MN 0.26% of their portfolio SAN FRANCISCO, CA 6,230,8106.2m $931.5m $931.5m 0.26% Added +226.2k +226,171
10 GOLDMAN SACHS GROUP INC 0.20% of their portfolio NEW YORK, NY 5,970,9536.0m $892.7m $892.7m 0.20% Added +2.1m +2,056,931
11 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 5,656,2065.7m $845.6m $845.6m 0.04% Added +4.0m +3,953,148
12 TIAA TRUST, NATIONAL ASSOCIATION 2.77% of their portfolio CHARLOTTE, NC 5,545,2625.5m $829.0m $829.0m 2.77% Added +26.5k +26,485
13 Mill Creek Capital Advisors, LLC 21.88% of their portfolio Conshohocken, PA 4,951,3195.0m $740.2m $740.2m 21.88% Added +29.4k +29,380
14 ROYAL BANK OF CANADA 0.18% of their portfolio TORONTO, A6 4,942,1404.9m $738.9m $738.9m 0.18% Added +368.3k +368,291
15 FMR LLC 0.06% of their portfolio BOSTON, MA 4,937,4974.9m $738.2m $738.2m 0.06% Reduced -78.1k -78,117
16 D.A. DAVIDSON & CO. 7.22% of their portfolio GREAT FALLS, MT 4,922,9964.9m $736.0m $736.0m 7.22% Added +106.2k +106,243
17 CAPTRUST FINANCIAL ADVISORS 2.48% of their portfolio RALEIGH, NC 4,821,2094.8m $720.8m $720.8m 2.48% Added +135.3k +135,256
18 PNC Financial Services Group, Inc. 0.55% of their portfolio Pittsburgh, PA 4,703,9094.7m $703.2m $703.2m 0.55% Reduced -150.5k -150,485
19 RWA WEALTH PARTNERS, LLC 9.90% of their portfolio BOSTON, MA 4,640,7244.6m $693.8m $693.8m 9.90% Added +90.3k +90,317
20 TRUIST FINANCIAL CORP 0.92% of their portfolio CHARLOTTE, NC 3,852,2013.9m $575.9m $575.9m 0.92% Reduced -774.0k -773,988
21 Bank of New York Mellon Corp 0.12% of their portfolio NEW YORK, NY 3,806,0833.8m $569.0m $569.0m 0.12% Reduced -26.6k -26,565
22 Raymond James Financial Services Advisors, Inc. 0.92% of their portfolio ST. PETERSBURG, FL 3,802,1713.8m $568.4m $568.4m 0.92% Reduced -235.6k -235,578
23 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.60% of their portfolio MILWAUKEE, WI 3,570,8373.6m $533.9m $533.9m 0.60% Added +120.0k +119,957
24 Mariner, LLC 1.18% of their portfolio Overland Park, KS 3,318,0043.3m $496.0m $496.0m 1.18% Added +39.6k +39,617
25 COMMONWEALTH EQUITY SERVICES, LLC 0.86% of their portfolio WALTHAM, MA 3,127,8253.1m $467.6m $467.6m 0.86% Added +7.8k +7,842
26 SCS Capital Management LLC 5.19% of their portfolio BOSTON, MA 3,034,8523.0m $453.7m $453.7m 5.19% Added +1.4m +1,440,922
27 SEI INVESTMENTS CO 0.72% of their portfolio OAKS, PA 3,020,1223.0m $451.5m $451.5m 0.72% Reduced -285.9k -285,870
28 RAYMOND JAMES & ASSOCIATES 0.29% of their portfolio ST PETERSBURG, FL 2,635,5712.6m $394.0m $394.0m 0.29% Added +525.9k +525,878
29 Provida Pension Fund Administrator 10.73% of their portfolio LAS CONDES, SANTIAGO, F3 2,573,0162.6m $384.7m $384.7m 10.73% Reduced -192.9k -192,855
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.10% of their portfolio SAN FRANCISCO, CA 2,555,1662.6m $382.0m $382.0m 0.10% Reduced -307.6k -307,574
31 EP Wealth Advisors, LLC 4.83% of their portfolio TORRANCE, CA 2,535,3062.5m $379.0m $379.0m 4.83% Added +142.5k +142,467
32 Members Trust Co 10.68% of their portfolio TAMPA, FL 2,493,4422.5m $373.6m $373.6m 10.68% Reduced -333.0k -333,015
33 CHURCHILL MANAGEMENT Corp 5.73% of their portfolio Los Angeles, CA 2,492,8732.5m $372.7m $372.7m 5.73% Reduced -35.0k -35,045
34 PARTNERS CAPITAL INVESTMENT GROUP, LLP 8.02% of their portfolio BOSTON, MA 2,447,2692.4m $365.9m $365.9m 8.02% Reduced -368.9k -368,949
35 OSAIC HOLDINGS, INC. 0.62% of their portfolio SCOTTSDALE, AZ 2,353,9302.4m $352.0m $352.0m 0.62% Reduced -916.2k -916,189
36 AVANTAX ADVISORY SERVICES, INC. 3.19% of their portfolio DALLAS, TX 2,148,7252.1m $321.2m $321.2m 3.19% Added +94.2k +94,241
37 MISSION WEALTH MANAGEMENT, LP 9.50% of their portfolio Santa Barbara, CA 1,926,9501.9m $288.1m $288.1m 9.50% Added +63.5k +63,455
38 Pacific Life Fund Advisors LLC 27.82% of their portfolio NEWPORT BEACH, CA 1,859,7681.9m $278.0m $278.0m 27.82% Reduced -32.6k -32,641
39 HighTower Advisors, LLC 0.45% of their portfolio CHICAGO, IL 1,810,4611.8m $270.6m $270.6m 0.45% Reduced -87.1k -87,085
40 ASSETMARK, INC 0.97% of their portfolio CONCORD, CA 1,797,8501.8m $268.8m $268.8m 0.97% Reduced -72.8k -72,847
41 CHOREO, LLC 7.20% of their portfolio ROCKFORD, IL 1,778,0061.8m $265.8m $265.8m 7.20% Added +4.0k +3,977
42 Richard Bernstein Advisors LLC 5.36% of their portfolio NEW YORK, NY 1,618,9601.6m $242.0m $242.0m 5.36% Added +1.0m +1,006,453
43 Facet Wealth, Inc. 9.35% of their portfolio WEST PALM BEACH, FL 1,604,6241.6m $243.8m $243.8m 9.35% Added +223.9k +223,940
44 Permanens Capital L.P. 43.69% of their portfolio NEW YORK, NY 1,500,1271.5m $224.3m $224.3m 43.69% Reduced -276.8k -276,818
45 Trustees of Dartmouth College 54.61% of their portfolio HANOVER, NH 1,440,9501.4m $215.4m $215.4m 54.61% Unchanged
46 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.77% of their portfolio IRVING, TX 1,423,1791.4m $212.8m $212.8m 1.77% Reduced -807.5k -807,537
47 Baird Financial Group, Inc. 0.47% of their portfolio MILWAUKEE, WI 1,367,4891.4m $204.4m $204.4m 0.47% Added +210.6k +210,558
48 MML INVESTORS SERVICES, LLC 0.94% of their portfolio SPRINGFIELD, MA 1,366,0971.4m $204.2m $204.2m 0.94% Reduced -6.8k -6,793
49 CBIZ Investment Advisory Services, LLC 15.51% of their portfolio INDEPENDENCE, OH 1,362,6891.4m $203.7m $203.7m 15.51% Added +54.3k +54,322
50 Modera Wealth Management, LLC 3.27% of their portfolio WESTWOOD, NJ 1,320,1581.3m $197.4m $197.4m 3.27% Added +88.2k +88,184
51 BlackRock Inc. 0.00% of their portfolio New York, NY 1,303,9781.3m $194.9m $194.9m 0.00% Added +604.8k +604,785
52 STIFEL FINANCIAL CORP 0.24% of their portfolio ST. LOUIS, MO 1,276,9981.3m $190.9m $190.9m 0.24% Added +74.5k +74,460
53 Foster Group, Inc. 10.54% of their portfolio WEST DES MOINES, IA 1,250,0971.3m $172.4m $172.4m 10.54% Unchanged
54 Equitable Holdings, Inc. 2.30% of their portfolio NEW YORK, NY 1,246,8531.2m $186.4m $186.4m 2.30% Added +119.3k +119,338
55 MATHER GROUP, LLC. 2.83% of their portfolio CHICAGO, IL 1,207,8061.2m $180.6m $180.6m 2.83% Added +56.4k +56,396
56 Cetera Advisor Networks LLC 0.98% of their portfolio EL SEGUNDO, CA 1,175,6331.2m $175.8m $175.8m 0.98% Reduced -32.0k -32,013
57 MONETA GROUP INVESTMENT ADVISORS LLC 3.47% of their portfolio ST LOUIS, MO 1,174,7381.2m $175.6m $175.6m 3.47% Added +101.5k +101,466
58 US BANCORP \DE\ 0.24% of their portfolio MINNEAPOLIS, MN 1,101,1021.1m $164.6m $164.6m 0.24% Reduced -26.3k -26,285
59 Envestnet Portfolio Solutions, Inc. 0.67% of their portfolio BERWYN, PA 1,076,5611.1m $160.9m $160.9m 0.67% Added +41.3k +41,283
60 Waldron Private Wealth LLC 7.55% of their portfolio BRIDGEVILLE, PA 1,062,6521.1m $158.9m $158.9m 7.55% Added +61.3k +61,275
61 Morningstar Investment Services LLC 0.88% of their portfolio CHICAGO, IL 1,042,5271.0m $156.2m $156.2m 0.88% Added +512.1k +512,118
62 CIBC Private Wealth Group LLC 0.33% of their portfolio ATLANTA, GA 1,034,7631.0m $154.7m $154.7m 0.33% Reduced -76.1k -76,119
63 Garde Capital, Inc. 11.69% of their portfolio SEATTLE, WA 1,025,1411.0m $153.3m $153.3m 11.69% Added +3.2k +3,222
64 Wellspring Financial Advisors, LLC 5.05% of their portfolio CLEVELAND, OH 968,747968.7k $20.3m $20.3m 5.05% Reduced -7.5k -7,550
65 Retirement Investment Advisors, Inc. 20.53% of their portfolio OKLAHOMA CITY, OK 959,418959.4k $143.4m $143.4m 20.53% Reduced -692.3k -692,290
66 Cambridge Investment Research Advisors, Inc. 0.59% of their portfolio FAIRFIELD, IA 933,352933.4k $139.5m $139.5m 0.59% Reduced -64.4k -64,436
67 Employees' Retirement Fund of the City of Fort Worth 27.84% of their portfolio FORT WORTH, TX 928,774928.8k $138.9m $138.9m 27.84% Unchanged
68 Systematic Alpha Investments, LLC 6.00% of their portfolio PRINCETON, NJ 894,868894.9k $133.8m $133.8m 6.00% Unchanged
69 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.37% of their portfolio PLYMOUTH, MN 861,208861.2k $128.8m $128.8m 0.37% Reduced -16.5k -16,511
70 Money Design Co.,Ltd. 7.26% of their portfolio TOKYO, M0 860,723860.7k $128.7m $128.7m 7.26% Added +10.3k +10,276
71 VISTA CAPITAL PARTNERS, INC. 17.07% of their portfolio PORTLAND, OR 855,601855.6k $127.9m $127.9m 17.07% Reduced -14.1k -14,115
72 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 3.09% of their portfolio MINNEAPOLIS, MN 831,317831.3k $124.3m $124.3m 3.09% Added +29.6k +29,593
73 Beacon Pointe Advisors, LLC 1.46% of their portfolio NEWPORT BEACH, CA 815,802815.8k $122.0m $122.0m 1.46% Reduced -128.2k -128,211
74 CITIGROUP INC 0.16% of their portfolio NEW YORK, NY 805,236805.2k $120.4m $120.4m 0.16% Added +74.4k +74,353
75 Private Advisor Group, LLC 0.92% of their portfolio MORRISTOWN, NJ 791,836791.8k $118.4m $118.4m 0.92% Added +137.6k +137,635
76 Sequoia Financial Advisors, LLC 1.46% of their portfolio Akron, OH 788,687788.7k $117.9m $117.9m 1.46% Added +69.1k +69,133
77 Cetera Investment Advisers 0.95% of their portfolio SCHAUMBURG, IL 781,239781.2k $116.8m $116.8m 0.95% Reduced -46.7k -46,671
78 Saudi Central Bank 13.72% of their portfolio Riyadh, T0 756,686756.7k $113.1m $113.1m 13.72% Unchanged
79 NewEdge Advisors, LLC 1.04% of their portfolio NEW ORLEANS, LA 732,840732.8k $109.8m $109.8m 1.04% Added +103.8k +103,763
80 Kestra Advisory Services, LLC 0.89% of their portfolio AUSTIN, TX 732,728732.7k $109.5m $109.5m 0.89% Added +211.5k +211,520
81 NATIXIS ADVISORS, LLC 0.29% of their portfolio Boston, MA 724,373724.4k $108.3m $108.3m 0.29% Reduced -758.6k -758,568
82 STEPHENS GROUP ASSET MANAGEMENT, LLC 10.35% of their portfolio LITTLE ROCK, AR 710,293710.3k $106.2m $106.2m 10.35% Reduced -1.2k -1,203
83 Brookstone Capital Management 2.05% of their portfolio WHEATON, IL 704,774704.8k $105.4m $105.4m 2.05% Added +197.9k +197,863
84 Prime Capital Investment Advisors, LLC 1.56% of their portfolio OVERLAND PARK, KS 692,508692.5k $103.5m $103.5m 1.56% Added +150.2k +150,236
85 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.06% of their portfolio Toronto, A6 676,315676.3k $101.1m $101.1m 0.06% Reduced -15.3k -15,332
86 BLAIR WILLIAM & CO/IL 0.34% of their portfolio CHICAGO, IL 669,007669.0k $100.0m $100.0m 0.34% Added +11.7k +11,656
87 Creative Planning 0.18% of their portfolio OVERLAND PARK, KS 660,301660.3k $98.7m $98.7m 0.18% Added +94.0k +94,033
88 Thrive Wealth Management, LLC 21.84% of their portfolio AUDUBON, PA 656,221656.2k $98.1m $98.1m 21.84% Added +854 +854
89 Relative Value Partners Group, LLC 5.90% of their portfolio NORTHBROOK, IL 645,981646.0k $96.6m $96.6m 5.90% Added +24.3k +24,330
90 BRANDYWINE OAK PRIVATE WEALTH LLC 10.73% of their portfolio Kennett Square, PA 644,538644.5k $96.4m $96.4m 10.73% Added +376 +376
91 Atria Wealth Solutions, Inc. 1.19% of their portfolio NEW YORK, NY 633,642633.6k $94.7m $94.7m 1.19% Reduced -23.4k -23,406
92 CITIZENS FINANCIAL GROUP INC/RI 3.27% of their portfolio PROVIDENCE, RI 633,486633.5k $94.7m $94.7m 3.27% Reduced -5.8k -5,846
93 Brickley Wealth Management 22.58% of their portfolio SAN MATEO, CA 626,030626.0k $93.6m $93.6m 22.58% Reduced -4.7k -4,668
94 Cerity Partners LLC 0.31% of their portfolio NEW YORK, NY 614,434614.4k $91.9m $91.9m 0.31% Added +528.0k +528,015
95 WOODMONT INVESTMENT COUNSEL LLC 8.55% of their portfolio NASHVILLE, TN 611,072611.1k $91.4m $91.4m 8.55% Added +31.9k +31,905
96 PrairieView Partners, LLC 11.06% of their portfolio ST. PAUL, MN 599,781599.8k $89.7m $89.7m 11.06% Added +4.0k +3,966
97 Chan Zuckerberg Initiative, LLC 24.91% of their portfolio Redwood City, CA 599,163599.2k $89.6m $89.6m 24.91% New
98 Cable Hill Partners, LLC 10.80% of their portfolio PORTLAND, OR 588,040588.0k $88.1m $88.1m 10.80% Added +17.5k +17,509
99 WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 2.68% of their portfolio NORFOLK, VA 586,454586.5k $87.7m $87.7m 2.68% Added +19.0k +19,030
100 Sumitomo Mitsui DS Asset Management Company, Ltd 1.14% of their portfolio TOKYO, M0 580,850580.9k $86.8m $86.8m 1.14% Unchanged