Vault-13

VANGUARD INDEX FDS VTV

VALUE ETF · ETP · CUSIP 922908744

2,063 institutional holders +20 vs Q4 2023
555,898,358555.9m shares reported held*
$90.3bnreported value*
128 new 829 added 815 reduced 106 sold out net bought ≈ $4.9bn (+30.5m 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 ($57.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $162.49. Options: 5 managers hold calls ($41.5m notional), 7 hold puts ($7.1m).

Trends to Q1 2024

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: 2,043Q1 24: 2,0632,063Q3 22Q1 23Q3 23Q1 24
Numbers
QuarterHolders
Q3 20221,647
Q4 20221,829
Q1 20231,800
Q2 20231,830
Q3 20231,843
Q4 20232,043
Q1 20242,063

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 23Q1 24: 957 bought or addedQ1 24: 921 cut or sold outQ1 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022942591
Q1 2023874752
Q2 2023830800
Q3 2023906744
Q4 2023916788
Q1 2024957921

Calls vs puts

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

CallsPuts
$0$20m$40m$60mQ2 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 0.22Q1 24 calls: $41.5mQ1 24 puts: $7.1mQ1 24P/C 0.17
Numbers
QuarterCallsPutsP/C
Q2 2023$39.6m$9.2m0.23
Q3 2023$23.7m$9.6m0.40
Q4 2023$36.5m$7.9m0.22
Q1 2024$41.5m$7.1m0.17

Biggest buyers

MORGAN STANLEY Added +30,189,117+30.2m
BANK OF AMERICA CORP /DE/ Added +8,663,926+8.7m
Cetera Investment Advisers Added +1,404,141+1.4m
Caisse de depot et placement du Quebec New +914,000+914.0k
Bank of New York Mellon Corp Added +722,159+722.2k
Mariner, LLC Added +582,472+582.5k
Simplicity Wealth,LLC New +563,913+563.9k
Permanens Capital L.P. Added +558,465+558.5k
JONES FINANCIAL COMPANIES LLLP Added +532,146+532.1k
Angeles Investment Advisors, LLC Added +449,582+449.6k

Biggest sellers

Betterment LLC Reduced -6,211,709-6.2m
GOLDMAN SACHS GROUP INC Reduced -1,908,397-1.9m
PARTNERS CAPITAL INVESTMENT GROUP, LLP Reduced -1,210,860-1.2m
Cetera Advisor Networks LLC Sold out -1,175,633-1.2m
CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Reduced -801,377-801.4k
BlackRock Inc. Reduced -648,378-648.4k
Morningstar Investment Services LLC Reduced -609,437-609.4k
OSAIC HOLDINGS, INC. Reduced -581,554-581.6k
FFT WEALTH MANAGEMENT LLC Reduced -531,894-531.9k
LGL PARTNERS, LLC Sold out -513,480-513.5k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $32.1m197.2k shares
CITADEL ADVISORS LLC Added $7.1m43.4k shares
WOLVERINE TRADING, LLC New $1.1m7.0k shares
Twin Tree Management, LP New $1.1m6.8k shares
Cutler Group LLC / CA Reduced $87.0k4.6k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.9m23.9k shares
OAK HILL WEALTH ADVISORS, LLC New $1.2m7.1k shares
CITADEL ADVISORS LLC Reduced $781.7k4.8k shares
WOLVERINE TRADING, LLC New $504.9k3.1k shares
BANK OF AMERICA CORP /DE/ Unchanged $488.6k3.0k shares
Cubist Systematic Strategies, LLC New $260.6k1.6k shares
Cutler Group LLC / CA Reduced $01.0k 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, Q1 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 1.79% of their portfolio CHARLOTTE, NC 111,799,537111.8m $18.2bn $18.2bn 1.79% Added +8.7m +8,663,926
2 MORGAN STANLEY 0.38% of their portfolio NEW YORK, NY 86,722,57586.7m $14.1bn $14.1bn 0.38% Added +30.2m +30,189,117
3 JONES FINANCIAL COMPANIES LLLP 10.91% of their portfolio DES PERES, MO 49,149,33649.1m $8.0bn $8.0bn 10.91% Added +532.1k +532,146
4 ENVESTNET ASSET MANAGEMENT INC 1.20% of their portfolio Berwyn, PA 19,662,18319.7m $3.2bn $3.2bn 1.20% Added +205.3k +205,336
5 UBS Group AG 0.67% of their portfolio ZURICH, V8 12,509,34712.5m $2.0bn $2.0bn 0.67% Added +56.1k +56,121
6 AMERIPRISE FINANCIAL INC 0.43% of their portfolio MINNEAPOLIS, MN 9,558,2059.6m $1.6bn $1.6bn 0.43% Reduced -89.7k -89,689
7 LPL Financial LLC 0.76% of their portfolio FORT MILL, SC 8,642,3938.6m $1.4bn $1.4bn 0.76% Added +18.3k +18,253
8 Betterment LLC 2.84% of their portfolio NEW YORK, NY 6,500,0266.5m $1.1bn $1.1bn 2.84% Reduced -6.2m -6,211,709
9 WELLS FARGO & COMPANY/MN 0.26% of their portfolio SAN FRANCISCO, CA 6,008,0256.0m $978.5m $978.5m 0.26% Reduced -222.8k -222,785
10 TIAA TRUST, NATIONAL ASSOCIATION 2.85% of their portfolio CHARLOTTE, NC 5,723,5565.7m $932.1m $932.1m 2.85% Added +178.3k +178,294
11 JPMORGAN CHASE & CO 0.04% of their portfolio NEW YORK, NY 5,577,2045.6m $908.3m $908.3m 0.04% Reduced -79.0k -79,002
12 Mill Creek Capital Advisors, LLC 23.39% of their portfolio Conshohocken, PA 5,291,8575.3m $861.8m $861.8m 23.39% Added +340.5k +340,538
13 ROYAL BANK OF CANADA 0.20% of their portfolio TORONTO, A6 5,083,3335.1m $827.9m $827.9m 0.20% Added +141.2k +141,193
14 CAPTRUST FINANCIAL ADVISORS 2.99% of their portfolio RALEIGH, NC 5,002,0665.0m $814.6m $814.6m 2.99% Added +180.9k +180,857
15 D.A. DAVIDSON & CO. 7.30% of their portfolio GREAT FALLS, MT 4,976,8935.0m $810.5m $810.5m 7.30% Added +53.9k +53,897
16 FMR LLC 0.05% of their portfolio BOSTON, MA 4,891,3334.9m $796.6m $796.6m 0.05% Reduced -46.2k -46,164
17 RWA WEALTH PARTNERS, LLC 10.41% of their portfolio BOSTON, MA 4,751,0244.8m $773.8m $773.8m 10.41% Added +110.3k +110,300
18 PNC Financial Services Group, Inc. 0.53% of their portfolio Pittsburgh, PA 4,700,0704.7m $765.5m $765.5m 0.53% Reduced -3.8k -3,839
19 Bank of New York Mellon Corp 0.14% of their portfolio NEW YORK, NY 4,528,2424.5m $737.5m $737.5m 0.14% Added +722.2k +722,159
20 GOLDMAN SACHS GROUP INC 0.14% of their portfolio NEW YORK, NY 4,062,5564.1m $661.6m $661.6m 0.14% Reduced -1.9m -1,908,397
21 Raymond James Financial Services Advisors, Inc. 0.97% of their portfolio ST. PETERSBURG, FL 3,990,4744.0m $649.9m $649.9m 0.97% Added +188.3k +188,303
22 Mariner, LLC 1.31% of their portfolio Overland Park, KS 3,900,4763.9m $635.2m $635.2m 1.31% Added +582.5k +582,472
23 TRUIST FINANCIAL CORP 0.84% of their portfolio CHARLOTTE, NC 3,388,7723.4m $551.9m $551.9m 0.84% Reduced -463.4k -463,429
24 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.56% of their portfolio MILWAUKEE, WI 3,363,9263.4m $547.9m $547.9m 0.56% Reduced -206.9k -206,911
25 SEI INVESTMENTS CO 0.75% of their portfolio OAKS, PA 3,144,5223.1m $512.1m $512.1m 0.75% Added +124.4k +124,400
26 COMMONWEALTH EQUITY SERVICES, LLC 0.84% of their portfolio WALTHAM, MA 3,097,2663.1m $504.4m $504.4m 0.84% Reduced -30.6k -30,559
27 SCS Capital Management LLC 5.11% of their portfolio BOSTON, MA 2,946,2162.9m $479.8m $479.8m 5.11% Reduced -88.6k -88,636
28 EP Wealth Advisors, LLC 4.86% of their portfolio TORRANCE, CA 2,553,4472.6m $415.9m $415.9m 4.86% Added +18.1k +18,141
29 Provida Pension Fund Administrator 10.24% of their portfolio LAS CONDES, SANTIAGO, F3 2,532,2062.5m $412.7m $412.7m 10.24% Reduced -40.8k -40,810
30 RAYMOND JAMES & ASSOCIATES 0.28% of their portfolio ST PETERSBURG, FL 2,512,8972.5m $409.3m $409.3m 0.28% Reduced -122.7k -122,674
31 CHURCHILL MANAGEMENT Corp 5.05% of their portfolio Los Angeles, CA 2,484,2452.5m $404.6m $404.6m 5.05% Reduced -8.6k -8,628
32 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.09% of their portfolio SAN FRANCISCO, CA 2,419,3062.4m $394.0m $394.0m 0.09% Reduced -135.9k -135,860
33 Members Trust Co 11.32% of their portfolio TAMPA, FL 2,329,7002.3m $379.4m $379.4m 11.32% Reduced -163.7k -163,742
34 AVANTAX ADVISORY SERVICES, INC. 3.28% of their portfolio DALLAS, TX 2,271,5342.3m $369.9m $369.9m 3.28% Added +122.8k +122,809
35 Cetera Investment Advisers 0.84% of their portfolio SCHAUMBURG, IL 2,185,3802.2m $355.9m $355.9m 0.84% Added +1.4m +1,404,141
36 MISSION WEALTH MANAGEMENT, LP 9.20% of their portfolio Santa Barbara, CA 2,105,3612.1m $342.9m $342.9m 9.20% Added +178.4k +178,411
37 Permanens Capital L.P. 41.19% of their portfolio NEW YORK, NY 2,058,5922.1m $335.3m $335.3m 41.19% Added +558.5k +558,465
38 CHOREO, LLC 7.97% of their portfolio ROCKFORD, IL 1,907,0841.9m $310.6m $310.6m 7.97% Added +129.1k +129,078
39 Pacific Life Fund Advisors LLC 29.27% of their portfolio NEWPORT BEACH, CA 1,831,4151.8m $298.3m $298.3m 29.27% Reduced -28.4k -28,353
40 HighTower Advisors, LLC 0.47% of their portfolio CHICAGO, IL 1,795,2221.8m $292.4m $292.4m 0.47% Reduced -15.2k -15,239
41 OSAIC HOLDINGS, INC. 0.64% of their portfolio SCOTTSDALE, AZ 1,772,3761.8m $288.7m $288.7m 0.64% Reduced -581.6k -581,554
42 Richard Bernstein Advisors LLC 6.08% of their portfolio NEW YORK, NY 1,740,6051.7m $283.5m $283.5m 6.08% Added +121.6k +121,645
43 ASSETMARK, INC 0.91% of their portfolio CONCORD, CA 1,724,3021.7m $280.8m $280.8m 0.91% Reduced -73.5k -73,548
44 MONETA GROUP INVESTMENT ADVISORS LLC 3.94% of their portfolio ST LOUIS, MO 1,483,3761.5m $241.6m $241.6m 3.94% Added +308.6k +308,638
45 CBIZ Investment Advisory Services, LLC 15.92% of their portfolio INDEPENDENCE, OH 1,406,4981.4m $229.1m $229.1m 15.92% Added +43.8k +43,809
46 Modera Wealth Management, LLC 3.44% of their portfolio WESTWOOD, NJ 1,387,9151.4m $226.0m $226.0m 3.44% Added +67.8k +67,757
47 Facet Wealth, Inc. 7.43% of their portfolio WEST PALM BEACH, FL 1,387,6771.4m $220.4m $220.4m 7.43% Reduced -216.9k -216,947
48 Baird Financial Group, Inc. 0.47% of their portfolio MILWAUKEE, WI 1,366,2921.4m $222.5m $222.5m 0.47% Reduced -1.2k -1,197
49 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.82% of their portfolio IRVING, TX 1,356,2771.4m $220.9m $220.9m 1.82% Reduced -66.9k -66,902
50 MML INVESTORS SERVICES, LLC 0.91% of their portfolio SPRINGFIELD, MA 1,354,4201.4m $220.6m $220.6m 0.91% Reduced -11.7k -11,677
51 STIFEL FINANCIAL CORP 0.24% of their portfolio ST. LOUIS, MO 1,300,9001.3m $211.9m $211.9m 0.24% Added +23.9k +23,902
52 Equitable Holdings, Inc. 2.37% of their portfolio NEW YORK, NY 1,293,2691.3m $210.6m $210.6m 2.37% Added +46.4k +46,416
53 PARTNERS CAPITAL INVESTMENT GROUP, LLP 5.44% of their portfolio BOSTON, MA 1,236,4091.2m $201.4m $201.4m 5.44% Reduced -1.2m -1,210,860
54 Foster Group, Inc. 9.88% of their portfolio WEST DES MOINES, IA 1,221,8561.2m $199.0m $199.0m 9.88% Reduced -28.2k -28,241
55 MATHER GROUP, LLC. 2.84% of their portfolio CHICAGO, IL 1,204,8451.2m $180.1m $180.1m 2.84% Reduced -3.0k -2,961
56 Waldron Private Wealth LLC 8.44% of their portfolio BRIDGEVILLE, PA 1,148,4861.1m $187.0m $187.0m 8.44% Added +85.8k +85,834
57 Trustees of Dartmouth College 35.51% of their portfolio HANOVER, NH 1,099,9501.1m $179.1m $179.1m 35.51% Reduced -341.0k -341,000
58 Garde Capital, Inc. 12.44% of their portfolio SEATTLE, WA 1,092,4461.1m $177.9m $177.9m 12.44% Added +67.3k +67,305
59 Envestnet Portfolio Solutions, Inc. 0.61% of their portfolio BERWYN, PA 993,485993.5k $161.8m $161.8m 0.61% Reduced -83.1k -83,076
60 CIBC Private Wealth Group LLC 0.32% of their portfolio ATLANTA, GA 992,418992.4k $161.0m $161.0m 0.32% Reduced -42.3k -42,345
61 Cambridge Investment Research Advisors, Inc. 0.61% of their portfolio FAIRFIELD, IA 976,681976.7k $159.1m $159.1m 0.61% Added +43.3k +43,329
62 Wellspring Financial Advisors, LLC 2.95% of their portfolio CLEVELAND, OH 947,953948.0k $18.7m $18.7m 2.95% Reduced -20.8k -20,794
63 US BANCORP \DE\ 0.21% of their portfolio MINNEAPOLIS, MN 932,872932.9k $151.9m $151.9m 0.21% Reduced -168.2k -168,230
64 CITIGROUP INC 0.16% of their portfolio NEW YORK, NY 930,367930.4k $151.6m $151.6m 0.16% Added +125.1k +125,131
65 Employees' Retirement Fund of the City of Fort Worth 28.14% of their portfolio FORT WORTH, TX 928,774928.8k $151.3m $151.3m 28.14% Unchanged
66 Caisse de depot et placement du Quebec 0.36% of their portfolio Montreal, A8 914,000914.0k $148.9m $148.9m 0.36% New
67 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.38% of their portfolio PLYMOUTH, MN 902,284902.3k $146.9m $146.9m 0.38% Added +41.1k +41,076
68 Private Advisor Group, LLC 1.05% of their portfolio MORRISTOWN, NJ 900,317900.3k $146.6m $146.6m 1.05% Added +108.5k +108,481
69 Systematic Alpha Investments, LLC 5.84% of their portfolio PRINCETON, NJ 894,868894.9k $145.7m $145.7m 5.84% Unchanged
70 Money Design Co.,Ltd. 7.80% of their portfolio TOKYO, M0 880,353880.4k $143.4m $143.4m 7.80% Added +19.6k +19,630
71 Beacon Pointe Advisors, LLC 1.55% of their portfolio NEWPORT BEACH, CA 855,881855.9k $139.4m $139.4m 1.55% Added +40.1k +40,079
72 VISTA CAPITAL PARTNERS, INC. 17.12% of their portfolio PORTLAND, OR 840,625840.6k $136.9m $136.9m 17.12% Reduced -15.0k -14,976
73 Kestra Advisory Services, LLC 0.91% of their portfolio AUSTIN, TX 836,695836.7k $136.3m $136.3m 0.91% Added +104.0k +103,967
74 NewEdge Advisors, LLC 1.08% of their portfolio NEW ORLEANS, LA 757,655757.7k $123.4m $123.4m 1.08% Added +24.8k +24,815
75 Saudi Central Bank 12.91% of their portfolio Riyadh, T0 756,686756.7k $123.2m $123.2m 12.91% Unchanged
76 Prime Capital Investment Advisors, LLC 1.72% of their portfolio OVERLAND PARK, KS 755,018755.0k $123.0m $123.0m 1.72% Added +62.5k +62,510
77 Brookstone Capital Management 2.13% of their portfolio WHEATON, IL 731,501731.5k $119.1m $119.1m 2.13% Added +26.7k +26,727
78 STEPHENS GROUP ASSET MANAGEMENT, LLC 10.55% of their portfolio LITTLE ROCK, AR 709,136709.1k $115.5m $115.5m 10.55% Reduced -1.2k -1,157
79 BLAIR WILLIAM & CO/IL 0.36% of their portfolio CHICAGO, IL 701,896701.9k $114.3m $114.3m 0.36% Added +32.9k +32,889
80 Thrive Wealth Management, LLC 23.41% of their portfolio AUDUBON, PA 695,646695.6k $113.3m $113.3m 23.41% Added +39.4k +39,425
81 BlackRock Inc. 0.00% of their portfolio New York, NY 655,600655.6k $106.8m $106.8m 0.00% Reduced -648.4k -648,378
82 NEPC LLC 3.63% of their portfolio Boston, MA 647,673647.7k $105.5m $105.5m 3.63% Added +203.8k +203,831
83 BRANDYWINE OAK PRIVATE WEALTH LLC 10.96% of their portfolio Kennett Square, PA 644,376644.4k $104.9m $104.9m 10.96% Reduced -162 -162
84 CITIZENS FINANCIAL GROUP INC/RI 3.50% of their portfolio PROVIDENCE, RI 644,227644.2k $104.9m $104.9m 3.50% Added +10.7k +10,741
85 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.10% of their portfolio Toronto, A6 638,480638.5k $104.0m $104.0m 0.10% Reduced -37.8k -37,835
86 Atria Wealth Solutions, Inc. 1.17% of their portfolio NEW YORK, NY 638,312638.3k $104.0m $104.0m 1.17% Added +4.7k +4,670
87 Relative Value Partners Group, LLC 5.89% of their portfolio NORTHBROOK, IL 634,569634.6k $95.7m $95.7m 5.89% Reduced -11.4k -11,412
88 WOODMONT INVESTMENT COUNSEL LLC 8.64% of their portfolio NASHVILLE, TN 629,872629.9k $102.6m $102.6m 8.64% Added +18.8k +18,800
89 Brickley Wealth Management 23.50% of their portfolio SAN MATEO, CA 629,365629.4k $102.5m $102.5m 23.50% Added +3.3k +3,335
90 Sequoia Financial Advisors, LLC 1.27% of their portfolio Akron, OH 628,007628.0k $102.3m $102.3m 1.27% Reduced -160.7k -160,680
91 Creative Planning 0.11% of their portfolio OVERLAND PARK, KS 623,219623.2k $101.5m $101.5m 0.11% Reduced -37.1k -37,082
92 PrairieView Partners, LLC 11.37% of their portfolio ST. PAUL, MN 608,693608.7k $99.1m $99.1m 11.37% Added +8.9k +8,912
93 Chan Zuckerberg Initiative, LLC 29.13% of their portfolio Redwood City, CA 599,163599.2k $97.6m $97.6m 29.13% Unchanged
94 WILBANKS SMITH & THOMAS ASSET MANAGEMENT LLC 2.70% of their portfolio NORFOLK, VA 593,370593.4k $96.6m $96.6m 2.70% Added +6.9k +6,916
95 Cable Hill Partners, LLC 10.80% of their portfolio PORTLAND, OR 588,040588.0k $88.1m $88.1m 10.80% Unchanged
96 Sumitomo Mitsui DS Asset Management Company, Ltd 1.18% of their portfolio TOKYO, M0 580,850580.9k $94.6m $94.6m 1.18% Unchanged
97 Efficient Advisors, LLC 6.00% of their portfolio BEAVERTON, OR 573,912573.9k $93.5m $93.5m 6.00% Reduced -1.3k -1,315
98 MIDLAND WEALTH ADVISORS, LLC 5.74% of their portfolio EFFINGHAM, IL 572,640572.6k $93.3m $93.3m 5.74% Added +10.5k +10,467
99 Simplicity Wealth,LLC 2.19% of their portfolio SUMMIT, NJ 563,913563.9k $91.8m $91.8m 2.19% New
100 BANK OF HAWAII 4.47% of their portfolio HONOLULU, HI 563,590563.6k $91.8m $91.8m 4.47% Reduced -5.3k -5,341