Vault-13

VANGUARD INDEX FDS VTV

VALUE ETF · ETP · CUSIP 922908744

2,721 institutional holders +48 vs Q4 2025
583,249,202583.2m shares reported held*
$114.1bnreported value*
145 new 1,212 added 918 reduced 94 sold out net sold ≈ $572.4m (-14.0m 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 ($251.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $195.52. Options: 6 managers hold calls ($28.4m notional), 4 hold puts ($16.6m).

Trends to Q1 2026

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: 2,063Q2 24: 2,070Q3 24: 2,146Q4 24: 2,370Q1 25: 2,374Q2 25: 2,412Q3 25: 2,457Q4 25: 2,673Q1 26: 2,7212,721Q3 22Q3 23Q3 24Q3 25Q1 26
Numbers
QuarterHolders
Q3 20221,647
Q4 20221,829
Q1 20231,800
Q2 20231,830
Q3 20231,843
Q4 20232,043
Q1 20242,063
Q2 20242,070
Q3 20242,146
Q4 20242,370
Q1 20252,374
Q2 20252,412
Q3 20252,457
Q4 20252,673
Q1 20262,721

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ2 24: 942 bought or addedQ2 24: 856 cut or sold outQ3 24: 1,096 bought or addedQ3 24: 776 cut or sold outQ3 24Q4 24: 1,129 bought or addedQ4 24: 787 cut or sold outQ1 25: 1,233 bought or addedQ1 25: 884 cut or sold outQ1 25Q2 25: 1,105 bought or addedQ2 25: 921 cut or sold outQ3 25: 1,234 bought or addedQ3 25: 907 cut or sold outQ3 25Q4 25: 1,305 bought or addedQ4 25: 853 cut or sold outQ1 26: 1,357 bought or addedQ1 26: 1,012 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024942856
Q3 20241,096776
Q4 20241,129787
Q1 20251,233884
Q2 20251,105921
Q3 20251,234907
Q4 20251,305853
Q1 20261,3571,012

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ2 25 calls: $36.9mQ2 25 puts: $10.2mQ2 25P/C 0.28Q3 25 calls: $28.7mQ3 25 puts: $6.7mQ3 25P/C 0.23Q4 25 calls: $30.6mQ4 25 puts: $11.7mQ4 25P/C 0.38Q1 26 calls: $28.4mQ1 26 puts: $16.6mQ1 26P/C 0.58
Numbers
QuarterCallsPutsP/C
Q2 2025$36.9m$10.2m0.28
Q3 2025$28.7m$6.7m0.23
Q4 2025$30.6m$11.7m0.38
Q1 2026$28.4m$16.6m0.58

Biggest buyers

Balentine LLC Added +2,824,052+2.8m
ENVESTNET ASSET MANAGEMENT INC Added +2,308,443+2.3m
Caisse de depot et placement du Quebec Added +1,540,208+1.5m
UBS Group AG Added +861,208+861.2k
CBIZ Investment Advisory Services, LLC Added +592,200+592.2k
EP Wealth Advisors, LLC Added +502,824+502.8k
VestGen Advisors, LLC Added +502,048+502.0k
MORGAN STANLEY Added +473,640+473.6k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +446,635+446.6k
LPL Financial LLC Added +438,590+438.6k

Biggest sellers

Align Financial, LLC Reduced -11,090,013-11.1m
TIAA TRUST, NATIONAL ASSOCIATION Reduced -6,840,122-6.8m
BANK OF AMERICA CORP /DE/ Reduced -4,471,995-4.5m
JONES FINANCIAL COMPANIES LLLP Reduced -3,951,795-4.0m
Corient Private Wealth LP Reduced -1,485,608-1.5m
BlackRock, Inc. Reduced -863,353-863.4k
Richard Bernstein Advisors LLC Reduced -692,359-692.4k
Members Trust Co Reduced -510,056-510.1k
Bank of New York Mellon Corp Reduced -422,361-422.4k
49 WEALTH MANAGEMENT, LLC Reduced -352,899-352.9k

Biggest calls

JANE STREET GROUP, LLC Reduced $10.8m54.8k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.4m37.8k shares
Point72 Asset Management, L.P. Added $5.4m27.3k shares
CITADEL ADVISORS LLC Reduced $4.7m24.2k shares
Avidian Wealth Enterprises, LLC New $58.9k300 shares
Lavaca Capital LLC Unchanged $58.9k300 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $7.5m38.0k shares
CITADEL ADVISORS LLC Added $3.9m19.7k shares
Point72 Asset Management, L.P. Added $3.1m16.0k shares
JANE STREET GROUP, LLC Added $2.1m10.7k 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 1.89% of their portfolio CHARLOTTE, NC 131,676,968131.7m $25.8bn $25.8bn 1.89% Reduced -4.5m -4,471,995
2 JONES FINANCIAL COMPANIES LLLP 4.77% of their portfolio DES PERES, MO 51,321,26951.3m $9.9bn $9.9bn 4.77% Reduced -4.0m -3,951,795
3 MORGAN STANLEY 0.40% of their portfolio NEW YORK, NY 33,645,56233.6m $6.6bn $6.6bn 0.40% Added +473.6k +473,640
4 ENVESTNET ASSET MANAGEMENT INC 1.19% of their portfolio Berwyn, PA 22,591,49222.6m $4.4bn $4.4bn 1.19% Added +2.3m +2,308,443
5 UBS Group AG 0.47% of their portfolio ZURICH, V8 13,503,19513.5m $2.6bn $2.6bn 0.47% Added +861.2k +861,208
6 AMERIPRISE FINANCIAL INC 0.52% of their portfolio MINNEAPOLIS, MN 11,405,11011.4m $2.2bn $2.2bn 0.52% Added +222.2k +222,246
7 LPL Financial LLC 0.58% of their portfolio FORT MILL, SC 11,180,22111.2m $2.2bn $2.2bn 0.58% Added +438.6k +438,590
8 RAYMOND JAMES FINANCIAL INC 0.53% of their portfolio ST. PETERSBURG, FL 8,736,4518.7m $1.7bn $1.7bn 0.53% Reduced -23.2k -23,229
9 WELLS FARGO & COMPANY/MN 0.33% of their portfolio SAN FRANCISCO, CA 8,492,8128.5m $1.7bn $1.7bn 0.33% Added +251.4k +251,358
10 EP Wealth Advisors, LLC 8.12% of their portfolio TORRANCE, CA 8,418,7348.4m $1.7bn $1.7bn 8.12% Added +502.8k +502,824
11 Cetera Investment Advisers 1.62% of their portfolio SCHAUMBURG, IL 7,740,4087.7m $1.5bn $1.5bn 1.62% Added +297.0k +296,977
12 TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC 5.03% of their portfolio CHARLOTTE, NC 6,668,1846.7m $1.3bn $1.3bn 5.03% First filing
13 CAPTRUST FINANCIAL ADVISORS 2.29% of their portfolio RALEIGH, NC 6,662,2686.7m $1.3bn $1.3bn 2.29% Added +277.0k +277,025
14 ROYAL BANK OF CANADA 0.22% of their portfolio TORONTO, A6 5,815,3645.8m $1.1bn $1.1bn 0.22% Added +34.4k +34,371
15 D.A. DAVIDSON & CO. 6.67% of their portfolio GREAT FALLS, MT 5,611,2825.6m $1.1bn $1.1bn 6.67% Added +46.8k +46,820
16 Mill Creek Capital Advisors, LLC 21.11% of their portfolio Conshohocken, PA 5,237,8745.2m $1.0bn $1.0bn 21.11% Added +16.8k +16,848
17 Mariner, LLC 1.16% of their portfolio Overland Park, KS 5,060,7115.1m $992.8m $992.8m 1.16% Added +5.3k +5,332
18 Betterment LLC 1.81% of their portfolio NEW YORK, NY 4,864,5684.9m $954.4m $954.4m 1.81% Reduced -109.4k -109,422
19 FMR LLC 0.05% of their portfolio BOSTON, MA 4,544,9844.5m $891.7m $891.7m 0.05% Added +22.1k +22,125
20 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.55% of their portfolio MILWAUKEE, WI 4,540,0354.5m $890.8m $890.8m 0.55% Added +446.6k +446,635
21 Focus Partners Wealth 0.93% of their portfolio ST LOUIS, MO 4,283,1544.3m $840.4m $840.4m 0.93% Reduced -29.5k -29,468
22 PNC Financial Services Group, Inc. 0.48% of their portfolio Pittsburgh, PA 4,247,9474.2m $833.4m $833.4m 0.48% Added +4.6k +4,606
23 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 3,949,8513.9m $762.4m $762.4m 0.05% Added +200.7k +200,708
24 SEI INVESTMENTS CO 0.69% of their portfolio OAKS, PA 3,838,4543.8m $753.1m $753.1m 0.69% Added +72.7k +72,744
25 HighTower Advisors, LLC 0.73% of their portfolio CHICAGO, IL 3,521,0883.5m $690.8m $690.8m 0.73% Added +60.1k +60,127
26 RWA WEALTH PARTNERS, LLC 7.37% of their portfolio BOSTON, MA 3,430,5913.4m $673.1m $673.1m 7.37% Reduced -239.3k -239,278
27 MONETA GROUP INVESTMENT ADVISORS LLC 4.98% of their portfolio ST LOUIS, MO 3,371,5163.4m $661.5m $661.5m 4.98% Added +93.7k +93,746
28 Bank of New York Mellon Corp 0.11% of their portfolio NEW YORK, NY 3,074,7723.1m $603.3m $603.3m 0.11% Reduced -422.4k -422,361
29 GOLDMAN SACHS GROUP INC 0.07% of their portfolio NEW YORK, NY 2,862,7792.9m $561.7m $561.7m 0.07% Reduced -125.9k -125,930
30 Balentine LLC 22.49% of their portfolio ATLANTA, GA 2,846,1092.8m $558.4m $558.4m 22.49% Added +2.8m +2,824,052
31 CBIZ Investment Advisory Services, LLC 19.38% of their portfolio INDEPENDENCE, OH 2,701,7042.7m $530.1m $530.1m 19.38% Added +592.2k +592,200
32 COMMONWEALTH EQUITY SERVICES, LLC 0.72% of their portfolio WALTHAM, MA 2,636,9762.6m $517.4m $517.4m 0.72% Reduced -75.8k -75,826
33 Caisse de depot et placement du Quebec 0.81% of their portfolio Montreal, A8 2,586,2092.6m $507.4m $507.4m 0.81% Added +1.5m +1,540,208
34 OSAIC HOLDINGS, INC. 0.74% of their portfolio SCOTTSDALE, AZ 2,563,5302.6m $503.1m $503.1m 0.74% Added +196.9k +196,868
35 TRUIST FINANCIAL CORP 0.64% of their portfolio CHARLOTTE, NC 2,405,8352.4m $472.0m $472.0m 0.64% Reduced -203.1k -203,053
36 MISSION WEALTH MANAGEMENT, LP 9.87% of their portfolio Santa Barbara, CA 2,403,1232.4m $471.5m $471.5m 9.87% Reduced -1.8k -1,787
37 CITIGROUP INC 0.29% of their portfolio NEW YORK, NY 2,329,1002.3m $457.0m $457.0m 0.29% Reduced -323.7k -323,746
38 CHOREO, LLC 5.24% of their portfolio ROCKFORD, IL 2,176,8842.2m $427.1m $427.1m 5.24% Added +58.9k +58,942
39 Provida Pension Fund Administrator 6.34% of their portfolio LAS CONDES, SANTIAGO, F3 1,920,5431.9m $376.8m $376.8m 6.34% Added +20.4k +20,425
40 COLDSTREAM CAPITAL MANAGEMENT INC 4.33% of their portfolio BELLEVUE, WA 1,792,6801.8m $351.7m $351.7m 4.33% Added +62.7k +62,703
41 Waldron Private Wealth LLC 13.70% of their portfolio BRIDGEVILLE, PA 1,791,0531.8m $351.4m $351.4m 13.70% Added +209.8k +209,795
42 Modera Wealth Management, LLC 4.16% of their portfolio WESTWOOD, NJ 1,768,3451.8m $346.9m $346.9m 4.16% Added +64.7k +64,657
43 STIFEL FINANCIAL CORP 0.31% of their portfolio ST. LOUIS, MO 1,691,3661.7m $331.8m $331.8m 0.31% Added +16.8k +16,828
44 Bell Bank 13.52% of their portfolio FARGO, ND 1,625,6971.6m $319.0m $319.0m 13.52% Added +21.6k +21,612
45 Cerity Partners LLC 0.45% of their portfolio NEW YORK, NY 1,623,2061.6m $318.9m $318.9m 0.45% Added +290.2k +290,185
46 Facet Wealth, Inc. 5.41% of their portfolio WEST PALM BEACH, FL 1,591,6641.6m $312.3m $312.3m 5.41% Added +56.6k +56,606
47 Baird Financial Group, Inc. 0.46% of their portfolio MILWAUKEE, WI 1,511,3221.5m $296.5m $296.5m 0.46% Added +25.1k +25,062
48 Rockefeller Capital Management L.P. 0.51% of their portfolio NEW YORK, NY 1,454,5951.5m $285.4m $285.4m 0.51% Added +107.3k +107,297
49 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.63% of their portfolio PLYMOUTH, MN 1,446,1011.4m $284.5m $284.5m 0.63% Reduced -288.1k -288,125
50 UNITED CAPITAL FINANCIAL ADVISORS, LLC 1.73% of their portfolio IRVING, TX 1,433,9051.4m $281.4m $281.4m 1.73% Reduced -17.6k -17,629
51 ASSETMARK, INC 0.56% of their portfolio CONCORD, CA 1,407,9311.4m $276.2m $276.2m 0.56% Reduced -32.3k -32,322
52 LINCOLN NATIONAL CORP 7.95% of their portfolio RADNOR, PA 1,399,2691.4m $274.5m $274.5m 7.95% Reduced -95.4k -95,402
53 Retirement Investment Advisors, Inc. 21.15% of their portfolio OKLAHOMA CITY, OK 1,375,8491.4m $262.8m $262.8m 21.15% Unchanged
54 Beacon Pointe Advisors, LLC 1.37% of their portfolio NEWPORT BEACH, CA 1,316,9041.3m $258.4m $258.4m 1.37% Added +322.9k +322,912
55 Sanctuary Advisors, LLC 1.31% of their portfolio INDIANAPOLIS, IN 1,237,7311.2m $242.8m $242.8m 1.31% Reduced -19.4k -19,431
56 ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio NASHVILLE, TN 1,187,9771.2m $226.9m $226.9m 0.07% Added +76.8k +76,807
57 MML INVESTORS SERVICES, LLC 0.64% of their portfolio SPRINGFIELD, MA 1,173,2611.2m $230.2m $230.2m 0.64% Reduced -213.4k -213,437
58 BLAIR WILLIAM & CO/IL 0.66% of their portfolio CHICAGO, IL 1,165,9121.2m $228.8m $228.8m 0.66% Added +267.9k +267,888
59 MATHER GROUP, LLC. 2.26% of their portfolio CHICAGO, IL 1,155,8421.2m $226.8m $226.8m 2.26% Reduced -10.3k -10,324
60 Equitable Holdings, Inc. 0.83% of their portfolio NEW YORK, NY 1,146,0921.1m $128.3m $128.3m 0.83% Reduced -156.2k -156,188
61 NewEdge Advisors, LLC 0.81% of their portfolio NEW ORLEANS, LA 1,141,6201.1m $224.0m $224.0m 0.81% Reduced -78.7k -78,652
62 Private Advisor Group, LLC 1.00% of their portfolio MORRISTOWN, NJ 1,084,0701.1m $212.7m $212.7m 1.00% Added +14.5k +14,463
63 CIBC Bancorp USA Inc. 0.29% of their portfolio CHICAGO, IL 1,079,5771.1m $211.8m $211.8m 0.29% First filing
64 Garde Capital, Inc. 12.69% of their portfolio SEATTLE, WA 1,079,4801.1m $211.8m $211.8m 12.69% Reduced -10.8k -10,791
65 Brookstone Capital Management 2.40% of their portfolio WHEATON, IL 1,069,6311.1m $209.9m $209.9m 2.40% Added +32.4k +32,438
66 BlackRock, Inc. 0.00% of their portfolio New York, NY 1,053,2221.1m $206.6m $206.6m 0.00% Reduced -863.4k -863,353
67 Cambridge Investment Research Advisors, Inc. 0.52% of their portfolio FAIRFIELD, IA 1,028,9471.0m $201.9m $201.9m 0.52% Added +82.0k +82,001
68 SCS Capital Management LLC 2.11% of their portfolio BOSTON, MA 1,014,4171.0m $199.0m $199.0m 2.11% Reduced -28.5k -28,455
69 Merit Financial Group, LLC 1.46% of their portfolio ALPHARETTA, GA 997,691997.7k $195.7m $195.7m 1.46% Added +28.6k +28,587
70 STEPHENS GROUP ASSET MANAGEMENT, LLC 12.32% of their portfolio LITTLE ROCK, AR 985,079985.1k $193.3m $193.3m 12.32% Added +13.7k +13,672
71 Members Trust Co 6.37% of their portfolio TAMPA, FL 976,626976.6k $191.6m $191.6m 6.37% Reduced -510.1k -510,056
72 Corient Private Wealth LP 0.27% of their portfolio MIAMI, FL 972,713972.7k $189.6m $189.6m 0.27% Reduced -1.5m -1,485,608
73 Richard Bernstein Advisors LLC 5.52% of their portfolio NEW YORK, NY 969,895969.9k $190.3m $190.3m 5.52% Reduced -692.4k -692,359
74 Kestra Advisory Services, LLC 0.72% of their portfolio AUSTIN, TX 966,359966.4k $189.6m $189.6m 0.72% Added +34.9k +34,883
75 VANTAGEPOINT INVESTMENT ADVISERS LLC 1.51% of their portfolio WASHINGTON, DC 909,566909.6k $178.5m $178.5m 1.51% Reduced -207.5k -207,523
76 Wellspring Financial Advisors, LLC 1.02% of their portfolio CLEVELAND, OH 903,698903.7k $13.6m $13.6m 1.02% Reduced -3.2k -3,190
77 Creative Planning 0.12% of their portfolio OVERLAND PARK, KS 902,783902.8k $177.1m $177.1m 0.12% Reduced -35.5k -35,479
78 Systematic Alpha Investments, LLC 6.17% of their portfolio PRINCETON, NJ 894,868894.9k $175.6m $175.6m 6.17% Unchanged
79 Thrive Wealth Management, LLC 25.20% of their portfolio AUDUBON, PA 861,724861.7k $169.1m $169.1m 25.20% Added +29.7k +29,719
80 Gotham Asset Management, LLC 0.52% of their portfolio NEW YORK, NY 858,103858.1k $168.4m $168.4m 0.52% Added +91.5k +91,454
81 CWM, LLC 0.44% of their portfolio OMAHA, NE 854,071854.1k $167.6m $167.6m 0.44% Reduced -5.8k -5,774
82 Everhart Financial Group, Inc. 14.25% of their portfolio Dublin, OH 852,879852.9k $167.3m $167.3m 14.25% Added +39.6k +39,577
83 71 West Capital Partners 7.29% of their portfolio BOSTON, MA 845,174845.2k $165.8m $165.8m 7.29% Added +39.2k +39,240
84 RMG Wealth Management LLC 19.22% of their portfolio PLATTEVILLE, WI 799,707799.7k $166.5m $166.5m 19.22% Added +24.6k +24,588
85 Unison Advisors LLC 11.90% of their portfolio PROVIDENCE, RI 799,450799.5k $156.9m $156.9m 11.90% Added +394.1k +394,145
86 Sequoia Financial Advisors, LLC 0.86% of their portfolio Akron, OH 781,277781.3k $153.3m $153.3m 0.86% Added +40.1k +40,143
87 VISTA CAPITAL PARTNERS, INC. 15.06% of their portfolio PORTLAND, OR 763,114763.1k $149.7m $149.7m 15.06% Reduced -10.7k -10,726
88 Saudi Central Bank 3.14% of their portfolio Riyadh, T0 756,686756.7k $148.5m $148.5m 3.14% Unchanged
89 Clearstead Advisors, LLC 1.35% of their portfolio CLEVELAND, OH 750,841750.8k $147.3m $147.3m 1.35% Added +56.5k +56,492
90 Strategies Wealth Advisors, LLC 14.63% of their portfolio GRAND RAPIDS, MI 742,120742.1k $145.6m $145.6m 14.63% Added +14.2k +14,152
91 WOODMONT INVESTMENT COUNSEL LLC 8.93% of their portfolio NASHVILLE, TN 738,418738.4k $144.9m $144.9m 8.93% Reduced -10.1k -10,054
92 NEPC LLC 2.75% of their portfolio Boston, MA 704,920704.9k $138.3m $138.3m 2.75% Unchanged
93 BRANDYWINE OAK PRIVATE WEALTH LLC 11.55% of their portfolio Kennett Square, PA 700,170700.2k $137.4m $137.4m 11.55% Reduced -3.5k -3,467
94 Focused Wealth Management, Inc 14.28% of their portfolio Newburgh, NY 696,791696.8k $136.7m $136.7m 14.28% Added +15.9k +15,901
95 Prime Capital Investment Advisors, LLC 1.54% of their portfolio OVERLAND PARK, KS 676,693676.7k $132.8m $132.8m 1.54% Reduced -20.2k -20,221
96 SIMON QUICK ADVISORS, LLC 5.94% of their portfolio MORRISTOWN, NJ 662,211662.2k $129.9m $129.9m 5.94% Added +33.8k +33,783
97 CARY STREET PARTNERS FINANCIAL LLC 3.20% of their portfolio RICHMOND, VA 659,387659.4k $129.4m $129.4m 3.20% Added +11.8k +11,830
98 US BANCORP \DE\ 0.15% of their portfolio MINNEAPOLIS, MN 644,088644.1k $126.4m $126.4m 0.15% Reduced -187.8k -187,815
99 Brickley Wealth Management 21.67% of their portfolio SAN MATEO, CA 644,008644.0k $126.4m $126.4m 21.67% Added +2.7k +2,654
100 PARTNERS CAPITAL INVESTMENT GROUP, LLP 4.73% of their portfolio BOSTON, MA 640,487640.5k $125.7m $125.7m 4.73% Added +31.1k +31,120