Vault-13

VANGUARD INDEX FDS VTI

TOTAL STK MKT · ETP · CUSIP 922908769

2,387 institutional holders +52 vs Q1 2023
446,691,750446.7m shares reported held*
$96.3bnreported value*
108 new 969 added 943 reduced 76 sold out net bought ≈ $3.5bn (+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 ($136.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $215.56. Options: 10 managers hold calls ($625.7m notional), 11 hold puts ($109.9m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

01k2k3kQ3 22: 2,151Q4 22: 2,307Q1 23: 2,335Q2 23: 2,3872,387Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 20222,151
Q4 20222,307
Q1 20232,335
Q2 20232,387

Buyers vs sellers

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

Bought or addedCut or sold out
2k02kQ4 22: 1,077 bought or addedQ4 22: 870 cut or sold outQ4 22Q1 23: 1,056 bought or addedQ1 23: 1,025 cut or sold outQ1 23Q2 23: 1,077 bought or addedQ2 23: 1,019 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221,077870
Q1 20231,0561,025
Q2 20231,0771,019

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ3 22 calls: $219.9mQ3 22 puts: $252.5mQ3 22P/C 1.15Q4 22 calls: $313.0mQ4 22 puts: $152.2mQ4 22P/C 0.49Q1 23 calls: $216.7mQ1 23 puts: $100.3mQ1 23P/C 0.46Q2 23 calls: $625.7mQ2 23 puts: $109.9mQ2 23P/C 0.18
Numbers
QuarterCallsPutsP/C
Q3 2022$219.9m$252.5m1.15
Q4 2022$313.0m$152.2m0.49
Q1 2023$216.7m$100.3m0.46
Q2 2023$625.7m$109.9m0.18

Biggest buyers

US BANCORP \DE\ Added +5,313,963+5.3m
CITIGROUP INC Added +3,443,500+3.4m
VANGUARD GROUP INC Added +2,420,376+2.4m
Rakuten Investment Management, Inc. Added +1,988,200+2.0m
Allworth Financial LP Added +1,546,611+1.5m
Prime Capital Investment Advisors, LLC Added +1,440,635+1.4m
Wealthfront Advisers LLC Added +624,374+624.4k
Cerity Partners LLC Added +522,823+522.8k
Tanglewood Wealth Management, Inc. Added +366,811+366.8k
AQR CAPITAL MANAGEMENT LLC New +250,000+250.0k

Biggest sellers

Summit Wealth Group, LLC Reduced -1,741,195-1.7m
National Mutual Insurance Federation of Agricultural Cooperatives Reduced -1,069,000-1.1m
Hernani LP Sold out -1,036,408-1.0m
Tidal Investments LLC Reduced -749,997-750.0k
NISSAY ASSET MANAGEMENT CORP /JAPAN Reduced -715,459-715.5k
FMR LLC Reduced -592,614-592.6k
SHEPHERD KAPLAN KROCHUK, LLC Reduced -506,746-506.7k
AEGON USA Investment Management, LLC Reduced -407,661-407.7k
Relative Value Partners Group, LLC Reduced -314,225-314.2k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Reduced -281,025-281.0k

Biggest calls

Cresset Asset Management, LLC New $348.0m1.6m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $239.5m1.1m shares
CITADEL ADVISORS LLC Added $21.6m98.1k shares
WOLVERINE TRADING, LLC Reduced $10.4m47.8k shares
Parallax Volatility Advisers, L.P. Reduced $4.4m20.0k shares
Walleye Trading LLC Added $660.8k3.0k shares
PEAK6 Investments LLC Reduced $374.5k1.7k shares
Cutler Group LLC / CA Added $343.0k26.7k shares
Belvedere Trading LLC Reduced $286.4k1.3k shares
HAP Trading, LLC New $56.8k11.4k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $84.4m383.2k shares
CITADEL ADVISORS LLC Reduced $9.5m43.1k shares
WELLS FARGO & COMPANY/MN New $8.8m40.0k shares
WOLVERINE TRADING, LLC Reduced $4.7m21.5k shares
PEAK6 Investments LLC Added $1.2m5.4k shares
MARSHALL WACE, LLP Added $903.1k4.1k shares
IAMS WEALTH MANAGEMENT, LLC New $214.1k982 shares
Parallax Volatility Advisers, L.P. Reduced $110.1k500 shares
Cutler Group LLC / CA Reduced $37.0k20.5k shares
Walleye Trading LLC Reduced $22.0k100 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, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Rakuten Investment Management, Inc. 80.64% of their portfolio TOKYO, M0 34,565,52734.6m $7.5bn $7.5bn 80.64% Added +2.0m +1,988,200
2 VANGUARD GROUP INC 0.17% of their portfolio Valley Forge, PA 31,731,28931.7m $7.0bn $7.0bn 0.17% Added +2.4m +2,420,376
3 Betterment LLC 20.18% of their portfolio NEW YORK, NY 29,561,22129.6m $6.5bn $6.5bn 20.18% Added +171.9k +171,874
4 US BANCORP \DE\ 6.65% of their portfolio MINNEAPOLIS, MN 18,562,72918.6m $4.1bn $4.1bn 6.65% Added +5.3m +5,313,963
5 Wealthfront Advisers LLC 13.36% of their portfolio Palo Alto, CA 14,297,92914.3m $3.1bn $3.1bn 13.36% Added +624.4k +624,374
6 BANK OF AMERICA CORP /DE/ 0.35% of their portfolio CHARLOTTE, NC 13,206,68613.2m $2.9bn $2.9bn 0.35% Reduced -15.1k -15,082
7 LPL Financial LLC 2.08% of their portfolio FORT MILL, SC 13,201,82213.2m $2.9bn $2.9bn 2.08% Added +177.5k +177,471
8 MORGAN STANLEY 0.25% of their portfolio NEW YORK, NY 11,503,39911.5m $2.5bn $2.5bn 0.25% Added +159.7k +159,706
9 WealthNavi Inc. 36.90% of their portfolio Shinagawa-ku, TOKYO, M0 10,320,24910.3m $2.3bn $2.3bn 36.90% Added +201.8k +201,770
10 NORTHERN TRUST CORP 0.40% of their portfolio CHICAGO, IL 9,385,3949.4m $2.1bn $2.1bn 0.40% Reduced -242.0k -241,965
11 Creative Planning 2.56% of their portfolio OVERLAND PARK, KS 8,724,8578.7m $1.9bn $1.9bn 2.56% Reduced -92.3k -92,266
12 ENVESTNET ASSET MANAGEMENT INC 0.78% of their portfolio Berwyn, PA 8,033,0608.0m $1.8bn $1.8bn 0.78% Added +200.2k +200,211
13 Allworth Financial LP 14.64% of their portfolio FOLSOM, CA 7,837,4907.8m $1.7bn $1.7bn 14.64% Added +1.5m +1,546,611
14 HB Wealth Management, LLC 24.02% of their portfolio Atlanta, GA 7,053,2007.1m $1.5bn $1.5bn 24.02% Reduced -61.9k -61,853
15 Wellspring Financial Advisors, LLC 12.37% of their portfolio CLEVELAND, OH 6,177,1736.2m $43.7m $43.7m 12.37% Reduced -8.9k -8,895
16 Ballentine Partners, LLC 29.53% of their portfolio Waltham, MA 5,840,5105.8m $1.3bn $1.3bn 29.53% Added +148.7k +148,707
17 WELLS FARGO & COMPANY/MN 0.36% of their portfolio SAN FRANCISCO, CA 5,548,5915.5m $1.2bn $1.2bn 0.36% Added +37.3k +37,302
18 National Mutual Insurance Federation of Agricultural Cooperatives 13.06% of their portfolio TOKYO, JAPAN, M0 5,034,8005.0m $1.1bn $1.1bn 13.06% Reduced -1.1m -1,069,000
19 CITIGROUP INC 1.36% of their portfolio NEW YORK, NY 4,781,9264.8m $1.1bn $1.1bn 1.36% Added +3.4m +3,443,500
20 OSAIC HOLDINGS, INC. 1.15% of their portfolio SCOTTSDALE, AZ 4,533,9694.5m $642.9m $642.9m 1.15% Added +44.2k +44,158
21 UBS Group AG 0.37% of their portfolio ZURICH, V8 3,913,0603.9m $862.0m $862.0m 0.37% Reduced -53.7k -53,685
22 Forvis Mazars Wealth Advisors, LLC 23.50% of their portfolio Springfield, MO 3,641,4253.6m $802.1m $802.1m 23.50% Added +14.7k +14,740
23 NISSAY ASSET MANAGEMENT CORP /JAPAN 6.89% of their portfolio Tokyo, M0 3,626,7273.6m $798.9m $798.9m 6.89% Reduced -715.5k -715,459
24 GOLDMAN SACHS GROUP INC 0.19% of their portfolio NEW YORK, NY 3,447,5243.4m $759.4m $759.4m 0.19% Added +63.6k +63,637
25 Morningstar Investment Services LLC 9.31% of their portfolio CHICAGO, IL 3,320,1023.3m $723.1m $723.1m 9.31% Added +196.6k +196,613
26 PNC Financial Services Group, Inc. 0.56% of their portfolio Pittsburgh, PA 2,981,2063.0m $656.7m $656.7m 0.56% Added +48.4k +48,389
27 Sequoia Financial Advisors, LLC 9.33% of their portfolio Akron, OH 2,468,6962.5m $543.8m $543.8m 9.33% Added +213.1k +213,139
28 ROYAL BANK OF CANADA 0.15% of their portfolio TORONTO, A6 2,359,1482.4m $519.7m $519.7m 0.15% Reduced -126.1k -126,104
29 COMMONWEALTH EQUITY SERVICES, LLC 1.05% of their portfolio WALTHAM, MA 2,351,8752.4m $518.1m $518.1m 1.05% Added +15.3k +15,251
30 AMERIPRISE FINANCIAL INC 0.16% of their portfolio MINNEAPOLIS, MN 2,263,3002.3m $498.6m $498.6m 0.16% Added +237.6k +237,558
31 JPMORGAN CHASE & CO 0.06% of their portfolio NEW YORK, NY 2,227,4622.2m $490.7m $490.7m 0.06% Added +62.6k +62,582
32 SCS Capital Management LLC 11.59% of their portfolio BOSTON, MA 2,140,5412.1m $471.5m $471.5m 11.59% Reduced -10.2k -10,213
33 State of Tennessee, Department of Treasury 1.91% of their portfolio NASHVILLE, TN 2,067,7612.1m $455.5m $455.5m 1.91% Reduced -65.7k -65,679
34 Bank of New York Mellon Corp 0.09% of their portfolio NEW YORK, NY 1,857,5911.9m $409.2m $409.2m 0.09% Reduced -21.4k -21,357
35 Raymond James Financial Services Advisors, Inc. 0.71% of their portfolio ST. PETERSBURG, FL 1,824,9161.8m $402.0m $402.0m 0.71% Reduced -4.6k -4,628
36 Empower Advisory Group, LLC 1.66% of their portfolio Greenwood Village, CO 1,746,5521.7m $384.7m $384.7m 1.66% Added +17.8k +17,846
37 WEALTHCARE CAPITAL MANAGEMENT LLC 43.19% of their portfolio RICHMOND, VA 1,674,3631.7m $368.8m $368.8m 43.19% Reduced -40.2k -40,159
38 Summit Financial, LLC 25.62% of their portfolio PARSIPPANY, NJ 1,595,3731.6m $351.4m $351.4m 25.62% Reduced -108.8k -108,772
39 BANK OF HAWAII 18.79% of their portfolio HONOLULU, HI 1,550,1341.6m $341.5m $341.5m 18.79% Reduced -14.2k -14,218
40 TRUIST FINANCIAL CORP 0.56% of their portfolio CHARLOTTE, NC 1,531,8731.5m $337.4m $337.4m 0.56% Reduced -2.9k -2,934
41 Cambridge Investment Research Advisors, Inc. 1.53% of their portfolio FAIRFIELD, IA 1,520,4391.5m $334.9m $334.9m 1.53% Added +127.2k +127,219
42 Facet Wealth, Inc. 17.10% of their portfolio WEST PALM BEACH, FL 1,497,4001.5m $336.2m $336.2m 17.10% Added +182.5k +182,455
43 Prime Capital Investment Advisors, LLC 6.46% of their portfolio OVERLAND PARK, KS 1,487,0591.5m $327.6m $327.6m 6.46% Added +1.4m +1,440,635
44 Ellevest, Inc. 24.10% of their portfolio NEW YORK, NY 1,455,2931.5m $320.6m $320.6m 24.10% Added +19.2k +19,162
45 Mariner, LLC 0.83% of their portfolio Overland Park, KS 1,415,4601.4m $311.8m $311.8m 0.83% Added +20.0k +20,024
46 Truepoint, Inc. 10.24% of their portfolio CINCINNATI, OH 1,402,8041.4m $309.0m $309.0m 10.24% Reduced -20.7k -20,742
47 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 26.03% of their portfolio KNOXVILLE, TN 1,399,8261.4m $308.4m $308.4m 26.03% Added +22.9k +22,874
48 LINCOLN NATIONAL CORP 6.05% of their portfolio RADNOR, PA 1,390,2271.4m $306.2m $306.2m 6.05% Added +7.5k +7,521
49 Cetera Investment Advisers 2.44% of their portfolio SCHAUMBURG, IL 1,317,3331.3m $290.2m $290.2m 2.44% Reduced -23.3k -23,338
50 Foster Group, Inc. 16.65% of their portfolio WEST DES MOINES, IA 1,259,7511.3m $277.5m $277.5m 16.65% Added +14.5k +14,500
51 Private Advisor Group, LLC 2.35% of their portfolio MORRISTOWN, NJ 1,225,1271.2m $270.6m $270.6m 2.35% Reduced -25.6k -25,557
52 VISTA CAPITAL PARTNERS, INC. 37.07% of their portfolio PORTLAND, OR 1,213,1581.2m $267.2m $267.2m 37.07% Reduced -14.6k -14,603
53 Sageworth Trust Co 17.27% of their portfolio LANCASTER, PA 1,111,1991.1m $244.8m $244.8m 17.27% Added +31.2k +31,153
54 HighTower Advisors, LLC 0.45% of their portfolio CHICAGO, IL 1,037,8281.0m $228.6m $228.6m 0.45% Reduced -16.7k -16,736
55 Annex Advisory Services, LLC 12.69% of their portfolio BROOKFIELD, WI 1,037,6261.0m $228.6m $228.6m 12.69% Reduced -213.8k -213,798
56 Savant Capital, LLC 3.57% of their portfolio ROCKFORD, IL 1,035,6331.0m $228.1m $228.1m 3.57% Added +77.7k +77,666
57 Investure, LLC 43.08% of their portfolio CHARLOTTESVILLE, VA 1,022,2501.0m $225.2m $225.2m 43.08% Reduced -125.3k -125,320
58 Symetra Investment Management Co 100.00% of their portfolio Farmington, CT 1,021,6031.0m $225.0k $225.0k 100.00% Reduced -113.8k -113,825
59 J.P. Morgan Private Wealth Advisors LLC 1.13% of their portfolio SAN FRANCISCO, CA 984,511984.5k $216.9m $216.9m 1.13% Reduced -194.1k -194,086
60 Gibson Capital, LLC 55.65% of their portfolio WEXFORD, PA 972,491972.5k $214.2m $214.2m 55.65% Reduced -36.7k -36,696
61 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.26% of their portfolio MILWAUKEE, WI 925,806925.8k $203.9m $203.9m 0.26% Added +35.3k +35,257
62 BROWN ADVISORY INC 0.32% of their portfolio BALTIMORE, MD 925,607925.6k $203.9m $203.9m 0.32% Reduced -14.0k -14,004
63 Cerity Partners LLC 0.79% of their portfolio NEW YORK, NY 915,884915.9k $201.8m $201.8m 0.79% Added +522.8k +522,823
64 Corient Private Wealth LP 0.46% of their portfolio MIAMI, FL 912,521912.5k $201.0m $201.0m 0.46% Reduced -7.6k -7,553
65 MBB PUBLIC MARKETS I LLC 11.42% of their portfolio CHICAGO, IL 910,226910.2k $200.5m $200.5m 11.42% Reduced -67.4k -67,395
66 First Business Financial Services, Inc. 24.18% of their portfolio MADISON, WI 890,002890.0k $196.0m $196.0m 24.18% Reduced -17.9k -17,896
67 Zions Bancorporation, N.A. 16.04% of their portfolio SALT LAKE CITY, UT 861,531861.5k $189.8m $189.8m 16.04% Reduced -83.6k -83,644
68 TIAA, FSB 0.68% of their portfolio ST. LOUIS, MO 848,629848.6k $186.9m $186.9m 0.68% Reduced -9.7k -9,673
69 Capstone Financial Advisors, Inc. 13.98% of their portfolio DOWNERS GROVE, IL 844,324844.3k $186.0m $186.0m 13.98% Added +19.8k +19,764
70 Wealthspire Advisors, LLC 2.80% of their portfolio NEW YORK, NY 777,783777.8k $171.3m $171.3m 2.80% Added +70.7k +70,705
71 RITHOLTZ WEALTH MANAGEMENT 7.68% of their portfolio NEW YORK, NY 774,663774.7k $170.6m $170.6m 7.68% Added +38.9k +38,881
72 Cresset Asset Management, LLC 1.20% of their portfolio Chicago, IL 768,371768.4k $169.3m $169.3m 1.20% Reduced -4.8k -4,791
73 Monashee Investment Management LLC 39.44% of their portfolio Boston, MA 750,000750.0k $165.2m $165.2m 39.44% Reduced -15.0k -15,000
74 Orion Porfolio Solutions, LLC 1.75% of their portfolio OMAHA, NE 747,501747.5k $164.7m $164.7m 1.75% Reduced -69.7k -69,714
75 Orion Portfolio Solutions, LLC 1.75% of their portfolio Omaha, NE 747,501747.5k $164.7m $164.7m 1.75% Reduced -69.7k -69,714
76 Caprock Group, LLC 12.09% of their portfolio BOISE, ID 747,427747.4k $164.6m $164.6m 12.09% Reduced -23.4k -23,402
77 STEPHENS INC /AR/ 2.95% of their portfolio LITTLE ROCK, AR 745,549745.5k $164.2m $164.2m 2.95% Reduced -35.2k -35,172
78 Hardy Reed LLC 28.91% of their portfolio TUPELO, MS 744,795744.8k $164.1m $164.1m 28.91% Added +19.1k +19,108
79 Verus Financial Partners, Inc. 20.73% of their portfolio RICHMOND, VA 724,624724.6k $164.4m $164.4m 20.73% Added +38.1k +38,076
80 Employees' Retirement Fund of the City of Fort Worth 29.57% of their portfolio FORT WORTH, TX 719,552719.6k $158.5m $158.5m 29.57% Unchanged
81 Cetera Advisor Networks LLC 1.09% of their portfolio EL SEGUNDO, CA 710,180710.2k $156.4m $156.4m 1.09% Added +113.8k +113,750
82 Tanglewood Wealth Management, Inc. 21.87% of their portfolio HOUSTON, TX 694,466694.5k $153.0m $153.0m 21.87% Added +366.8k +366,811
83 RAYMOND JAMES & ASSOCIATES 0.12% of their portfolio ST PETERSBURG, FL 685,913685.9k $151.1m $151.1m 0.12% Reduced -7.5k -7,502
84 Laird Norton Wetherby Trust Company, LLC 17.59% of their portfolio Seattle, WA 678,581678.6k $149.5m $149.5m 17.59% Added +1.4k +1,448
85 REBALANCE, LLC 14.13% of their portfolio PALO ALTO, CA 676,704676.7k $149.1m $149.1m 14.13% Added +108.3k +108,263
86 Kestra Advisory Services, LLC 1.47% of their portfolio AUSTIN, TX 666,013666.0k $146.7m $146.7m 1.47% Added +14.7k +14,664
87 CIBC Private Wealth Group LLC 0.16% of their portfolio ATLANTA, GA 659,886659.9k $145.4m $145.4m 0.16% Reduced -372 -372
88 AGF MANAGEMENT LTD 1.03% of their portfolio TORONTO, A6 642,576642.6k $141.6m $141.6m 1.03% Reduced -75.7k -75,672
89 BANK OF MONTREAL /CAN/ 0.05% of their portfolio TORONTO, A6 639,973640.0k $141.2m $141.2m 0.05% Reduced -2.5k -2,502
90 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio SAN FRANCISCO, CA 637,675637.7k $140.5m $140.5m 0.04% Reduced -281.0k -281,025
91 BUCKINGHAM STRATEGIC WEALTH, LLC 1.99% of their portfolio CLAYTON, MO 634,559634.6k $139.8m $139.8m 1.99% Added +94.0k +94,045
92 FMR LLC 0.01% of their portfolio BOSTON, MA 631,078631.1k $139.0m $139.0m 0.01% Reduced -592.6k -592,614
93 Tidal Investments LLC 4.07% of their portfolio Milwaukee, WI 628,089628.1k $138.4m $138.4m 4.07% Reduced -750.0k -749,997
94 Boston Standard Wealth Management, LLC 35.29% of their portfolio WINCHESTER, MA 626,404626.4k $138.0m $138.0m 35.29% Added +23.3k +23,344
95 OXFORD FINANCIAL GROUP, LTD. LLC 12.74% of their portfolio INDIANAPOLIS, IN 608,302608.3k $134.0m $134.0m 12.74% Added +51.1k +51,110
96 Mizuho Bank, Ltd. 12.83% of their portfolio TOKYO, M0 600,000600.0k $132.2m $132.2m 12.83% Unchanged
97 Elm Partners Management LLC 13.16% of their portfolio Philadelphia, PA 593,097593.1k $130.6m $130.6m 13.16% Added +226.1k +226,087
98 CAPTRUST FINANCIAL ADVISORS 0.51% of their portfolio RALEIGH, NC 591,859591.9k $130.4m $130.4m 0.51% Added +169.2k +169,229
99 Allen Investment Management, LLC 1.80% of their portfolio NEW YORK, NY 554,882554.9k $122.2m $122.2m 1.80% Reduced -55.0k -54,959
100 Sendero Wealth Management, LLC 26.61% of their portfolio SAN ANTONIO, TX 553,036553.0k $121.8m $121.8m 26.61% Reduced -24.3k -24,270