Vault-13

VANGUARD INDEX FDS VTI

TOTAL STK MKT · ETP · CUSIP 922908769

2,411 institutional holders +24 vs Q2 2023
453,916,194453.9m shares reported held*
$94.8bnreported value*
104 new 1,052 added 871 reduced 77 sold out net bought ≈ $1.5bn (+6.2m 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 ($222.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $208.87. Options: 8 managers hold calls ($240.0m notional), 13 hold puts ($186.4m).

Trends to Q3 2023

Institutional holders

Managers reporting a position, each quarter

01k2k3kQ3 22: 2,151Q4 22: 2,307Q1 23: 2,335Q2 23: 2,387Q3 23: 2,4112,411Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 20222,151
Q4 20222,307
Q1 20232,335
Q2 20232,387
Q3 20232,411

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 23Q3 23: 1,156 bought or addedQ3 23: 948 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221,077870
Q1 20231,0561,025
Q2 20231,0771,019
Q3 20231,156948

Calls vs puts

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

CallsPuts
$0$200m$400m$600m$800mQ4 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 0.18Q3 23 calls: $240.0mQ3 23 puts: $186.4mQ3 23P/C 0.78
Numbers
QuarterCallsPutsP/C
Q4 2022$313.0m$152.2m0.49
Q1 2023$216.7m$100.3m0.46
Q2 2023$625.7m$109.9m0.18
Q3 2023$240.0m$186.4m0.78

Biggest buyers

VANGUARD GROUP INC Added +3,502,678+3.5m
State of Tennessee, Department of Treasury Added +2,721,091+2.7m
Rakuten Investment Management, Inc. Added +2,482,600+2.5m
JPMORGAN CHASE & CO Added +1,384,501+1.4m
US BANCORP \DE\ Added +1,092,393+1.1m
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +372,206+372.2k
LPL Financial LLC Added +300,304+300.3k
PATHSTONE FAMILY OFFICE, LLC Added +265,747+265.7k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC Added +264,964+265.0k
COMERICA BANK New +260,296+260.3k

Biggest sellers

CITIGROUP INC Reduced -3,396,726-3.4m
ENVESTNET ASSET MANAGEMENT INC Reduced -1,407,861-1.4m
OSAIC HOLDINGS, INC. Reduced -1,059,784-1.1m
Monashee Investment Management LLC Sold out -750,000-750.0k
MBB PUBLIC MARKETS I LLC Reduced -746,397-746.4k
Annex Advisory Services, LLC Reduced -532,640-532.6k
CIBC Private Wealth Group LLC Reduced -470,702-470.7k
TD AMERITRADE INVESTMENT MANAGEMENT, LLC Reduced -411,685-411.7k
Creative Planning Reduced -375,136-375.1k
Veritable, L.P. Sold out -263,372-263.4k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $177.8m836.9k shares
CITADEL ADVISORS LLC Added $23.9m112.7k shares
WOLVERINE TRADING, LLC Added $17.9m84.4k shares
GTS SECURITIES LLC New $14.6m68.9k shares
Parallax Volatility Advisers, L.P. Unchanged $4.2m20.0k shares
PEAK6 Investments LLC Added $1.1m5.4k shares
Cutler Group LLC / CA Reduced $340.0k25.2k shares
Walleye Trading LLC Reduced $42.5k200 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $113.5m534.2k shares
CITADEL ADVISORS LLC Added $27.4m128.9k shares
WOLVERINE TRADING, LLC Added $15.7m73.7k shares
WELLS FARGO & COMPANY/MN Added $8.9m42.1k shares
GTS SECURITIES LLC New $7.3m34.5k shares
Walleye Trading LLC Added $5.3m25.1k shares
PEAK6 Investments LLC Added $5.0m23.5k shares
MARSHALL WACE, LLP Added $1.6m7.5k shares
Qube Research & Technologies Ltd New $807.2k3.8k shares
SHELTON CAPITAL MANAGEMENT New $679.7k3.2k 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 Rakuten Investment Management, Inc. 81.70% of their portfolio TOKYO, M0 37,048,12737.0m $7.9bn $7.9bn 81.70% Added +2.5m +2,482,600
2 VANGUARD GROUP INC 0.18% of their portfolio Valley Forge, PA 35,233,96735.2m $7.5bn $7.5bn 0.18% Added +3.5m +3,502,678
3 Betterment LLC 19.95% of their portfolio NEW YORK, NY 29,652,37329.7m $6.3bn $6.3bn 19.95% Added +91.2k +91,152
4 US BANCORP \DE\ 6.82% of their portfolio MINNEAPOLIS, MN 19,655,12219.7m $4.2bn $4.2bn 6.82% Added +1.1m +1,092,393
5 Wealthfront Advisers LLC 13.15% of their portfolio Palo Alto, CA 14,380,73314.4m $3.1bn $3.1bn 13.15% Added +82.8k +82,804
6 LPL Financial LLC 2.01% of their portfolio FORT MILL, SC 13,502,12613.5m $2.9bn $2.9bn 2.01% Added +300.3k +300,304
7 BANK OF AMERICA CORP /DE/ 0.34% of their portfolio CHARLOTTE, NC 13,084,30913.1m $2.8bn $2.8bn 0.34% Reduced -122.4k -122,377
8 MORGAN STANLEY 0.24% of their portfolio NEW YORK, NY 11,321,48611.3m $2.4bn $2.4bn 0.24% Reduced -181.9k -181,913
9 WealthNavi Inc. 36.34% of their portfolio Shinagawa-ku, TOKYO, M0 10,558,57210.6m $2.2bn $2.2bn 36.34% Added +238.3k +238,323
10 NORTHERN TRUST CORP 0.39% of their portfolio CHICAGO, IL 9,556,7869.6m $2.0bn $2.0bn 0.39% Added +171.4k +171,392
11 Creative Planning 2.37% of their portfolio OVERLAND PARK, KS 8,349,7218.3m $1.8bn $1.8bn 2.37% Reduced -375.1k -375,136
12 Allworth Financial LP 14.54% of their portfolio FOLSOM, CA 7,991,1248.0m $1.7bn $1.7bn 14.54% Added +153.6k +153,634
13 HB Wealth Management, LLC 23.67% of their portfolio Atlanta, GA 7,149,1157.1m $1.5bn $1.5bn 23.67% Added +95.9k +95,915
14 ENVESTNET ASSET MANAGEMENT INC 0.64% of their portfolio Berwyn, PA 6,625,1996.6m $1.4bn $1.4bn 0.64% Reduced -1.4m -1,407,861
15 Wellspring Financial Advisors, LLC 12.25% of their portfolio CLEVELAND, OH 6,174,8366.2m $41.9m $41.9m 12.25% Reduced -2.3k -2,337
16 Ballentine Partners, LLC 29.36% of their portfolio Waltham, MA 5,880,3875.9m $1.2bn $1.2bn 29.36% Added +39.9k +39,877
17 WELLS FARGO & COMPANY/MN 0.38% of their portfolio SAN FRANCISCO, CA 5,799,0355.8m $1.2bn $1.2bn 0.38% Added +250.4k +250,444
18 National Mutual Insurance Federation of Agricultural Cooperatives 13.18% of their portfolio TOKYO, JAPAN, M0 5,034,8005.0m $1.1bn $1.1bn 13.18% Unchanged
19 State of Tennessee, Department of Treasury 4.11% of their portfolio NASHVILLE, TN 4,788,8524.8m $1.0bn $1.0bn 4.11% Added +2.7m +2,721,091
20 UBS Group AG 0.38% of their portfolio ZURICH, V8 3,946,1393.9m $838.2m $838.2m 0.38% Added +33.1k +33,079
21 Forvis Mazars Wealth Advisors, LLC 23.67% of their portfolio Springfield, MO 3,693,4563.7m $784.5m $784.5m 23.67% Added +52.0k +52,031
22 NISSAY ASSET MANAGEMENT CORP /JAPAN 6.83% of their portfolio Tokyo, M0 3,626,7273.6m $770.4m $770.4m 6.83% Unchanged
23 JPMORGAN CHASE & CO 0.09% of their portfolio NEW YORK, NY 3,611,9633.6m $767.2m $767.2m 0.09% Added +1.4m +1,384,501
24 OSAIC HOLDINGS, INC. 1.09% of their portfolio SCOTTSDALE, AZ 3,474,1853.5m $738.1m $738.1m 1.09% Reduced -1.1m -1,059,784
25 GOLDMAN SACHS GROUP INC 0.18% of their portfolio NEW YORK, NY 3,409,2063.4m $724.1m $724.1m 0.18% Reduced -38.3k -38,318
26 Morningstar Investment Services LLC 8.96% of their portfolio CHICAGO, IL 3,276,1343.3m $697.9m $697.9m 8.96% Reduced -44.0k -43,968
27 PNC Financial Services Group, Inc. 0.54% of their portfolio Pittsburgh, PA 2,949,5042.9m $626.5m $626.5m 0.54% Reduced -31.7k -31,702
28 Sequoia Financial Advisors, LLC 9.24% of their portfolio Akron, OH 2,479,6992.5m $526.7m $526.7m 9.24% Added +11.0k +11,003
29 ROYAL BANK OF CANADA 0.15% of their portfolio TORONTO, A6 2,386,5592.4m $506.9m $506.9m 0.15% Added +27.4k +27,411
30 COMMONWEALTH EQUITY SERVICES, LLC 1.05% of their portfolio WALTHAM, MA 2,382,7582.4m $506.1m $506.1m 1.05% Added +30.9k +30,883
31 AMERIPRISE FINANCIAL INC 0.15% of their portfolio MINNEAPOLIS, MN 2,108,0342.1m $449.1m $449.1m 0.15% Reduced -155.3k -155,266
32 SCS Capital Management LLC 11.91% of their portfolio BOSTON, MA 2,103,9692.1m $446.9m $446.9m 11.91% Reduced -36.6k -36,572
33 Raymond James Financial Services Advisors, Inc. 0.74% of their portfolio ST. PETERSBURG, FL 1,909,5951.9m $405.6m $405.6m 0.74% Added +84.7k +84,679
34 Bank of New York Mellon Corp 0.09% of their portfolio NEW YORK, NY 1,850,3421.9m $393.0m $393.0m 0.09% Reduced -7.2k -7,249
35 Empower Advisory Group, LLC 1.60% of their portfolio Greenwood Village, CO 1,704,1601.7m $362.0m $362.0m 1.60% Reduced -42.4k -42,392
36 WEALTHCARE CAPITAL MANAGEMENT LLC 41.57% of their portfolio RICHMOND, VA 1,597,5921.6m $339.3m $339.3m 41.57% Reduced -76.8k -76,771
37 Summit Financial, LLC 24.88% of their portfolio PARSIPPANY, NJ 1,585,9831.6m $336.9m $336.9m 24.88% Reduced -9.4k -9,390
38 Facet Wealth, Inc. 15.87% of their portfolio WEST PALM BEACH, FL 1,560,2861.6m $322.7m $322.7m 15.87% Added +62.9k +62,886
39 Cambridge Investment Research Advisors, Inc. 1.54% of their portfolio FAIRFIELD, IA 1,555,8321.6m $330.5m $330.5m 1.54% Added +35.4k +35,393
40 BANK OF HAWAII 18.82% of their portfolio HONOLULU, HI 1,540,9681.5m $327.3m $327.3m 18.82% Reduced -9.2k -9,166
41 Ellevest, Inc. 24.15% of their portfolio NEW YORK, NY 1,479,3121.5m $314.2m $314.2m 24.15% Added +24.0k +24,019
42 Prime Capital Investment Advisors, LLC 6.30% of their portfolio OVERLAND PARK, KS 1,449,7951.4m $308.0m $308.0m 6.30% Reduced -37.3k -37,264
43 Mariner, LLC 0.82% of their portfolio Overland Park, KS 1,441,0661.4m $306.1m $306.1m 0.82% Added +25.6k +25,606
44 TRUIST FINANCIAL CORP 0.51% of their portfolio CHARLOTTE, NC 1,433,4411.4m $304.5m $304.5m 0.51% Reduced -98.4k -98,432
45 Truepoint, Inc. 9.48% of their portfolio CINCINNATI, OH 1,387,4921.4m $294.7m $294.7m 9.48% Reduced -15.3k -15,312
46 CITIGROUP INC 0.42% of their portfolio NEW YORK, NY 1,385,2001.4m $294.2m $294.2m 0.42% Reduced -3.4m -3,396,726
47 PATRIOT INVESTMENT MANAGEMENT GROUP, INC. 26.91% of their portfolio KNOXVILLE, TN 1,381,2511.4m $293.4m $293.4m 26.91% Reduced -18.6k -18,575
48 LINCOLN NATIONAL CORP 5.92% of their portfolio RADNOR, PA 1,380,6621.4m $293.3m $293.3m 5.92% Reduced -9.6k -9,565
49 Cetera Investment Advisers 2.37% of their portfolio SCHAUMBURG, IL 1,293,1791.3m $274.7m $274.7m 2.37% Reduced -24.2k -24,154
50 Foster Group, Inc. 16.22% of their portfolio WEST DES MOINES, IA 1,248,6231.2m $265.2m $265.2m 16.22% Reduced -11.1k -11,128
51 Private Advisor Group, LLC 2.37% of their portfolio MORRISTOWN, NJ 1,244,2721.2m $264.3m $264.3m 2.37% Added +19.1k +19,145
52 VISTA CAPITAL PARTNERS, INC. 37.75% of their portfolio PORTLAND, OR 1,188,5821.2m $252.5m $252.5m 37.75% Reduced -24.6k -24,576
53 HighTower Advisors, LLC 0.46% of their portfolio CHICAGO, IL 1,146,8611.1m $243.6m $243.6m 0.46% Added +109.0k +109,033
54 Symetra Investment Management Co 95.62% of their portfolio Farmington, CT 1,129,8881.1m $240.0k $240.0k 95.62% Added +108.3k +108,285
55 Savant Capital, LLC 3.50% of their portfolio ROCKFORD, IL 1,105,3411.1m $234.8m $234.8m 3.50% Added +69.7k +69,708
56 Sageworth Trust Co 17.22% of their portfolio LANCASTER, PA 1,104,3491.1m $234.6m $234.6m 17.22% Reduced -6.8k -6,850
57 Envestnet Portfolio Solutions, Inc. 1.04% of their portfolio BERWYN, PA 1,040,7161.0m $221.1m $221.1m 1.04% First filing
58 Investure, LLC 44.58% of their portfolio CHARLOTTESVILLE, VA 983,598983.6k $208.9m $208.9m 44.58% Reduced -38.7k -38,652
59 Gibson Capital, LLC 55.47% of their portfolio WEXFORD, PA 966,210966.2k $205.2m $205.2m 55.47% Reduced -6.3k -6,281
60 Corient Private Wealth LP 0.47% of their portfolio MIAMI, FL 957,732957.7k $203.8m $203.8m 0.47% Added +45.2k +45,211
61 BROWN ADVISORY INC 0.33% of their portfolio BALTIMORE, MD 941,885941.9k $200.1m $200.1m 0.33% Added +16.3k +16,278
62 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio SAN FRANCISCO, CA 902,639902.6k $191.7m $191.7m 0.05% Added +265.0k +264,964
63 First Business Financial Services, Inc. 24.08% of their portfolio MADISON, WI 889,751889.8k $189.0m $189.0m 24.08% Reduced -251 -251
64 J.P. Morgan Private Wealth Advisors LLC 0.54% of their portfolio SAN FRANCISCO, CA 886,700886.7k $188.3m $188.3m 0.54% Reduced -97.8k -97,811
65 TIAA TRUST, NATIONAL ASSOCIATION 0.67% of their portfolio CHARLOTTE, NC 870,033870.0k $184.8m $184.8m 0.67% First filing
66 Capstone Financial Advisors, Inc. 14.22% of their portfolio DOWNERS GROVE, IL 848,666848.7k $180.3m $180.3m 14.22% Added +4.3k +4,342
67 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.23% of their portfolio MILWAUKEE, WI 847,340847.3k $180.0m $180.0m 0.23% Reduced -78.5k -78,466
68 Cerity Partners LLC 0.87% of their portfolio NEW YORK, NY 844,137844.1k $179.3m $179.3m 0.87% Reduced -71.7k -71,747
69 Zions Bancorporation, N.A. 15.58% of their portfolio SALT LAKE CITY, UT 836,296836.3k $177.6m $177.6m 15.58% Reduced -25.2k -25,235
70 Wealthspire Advisors, LLC 2.91% of their portfolio NEW YORK, NY 829,893829.9k $176.3m $176.3m 2.91% Added +52.1k +52,110
71 RITHOLTZ WEALTH MANAGEMENT 7.67% of their portfolio NEW YORK, NY 804,676804.7k $170.9m $170.9m 7.67% Added +30.0k +30,013
72 Cetera Advisor Networks LLC 1.06% of their portfolio EL SEGUNDO, CA 792,989793.0k $168.4m $168.4m 1.06% Added +82.8k +82,809
73 RAYMOND JAMES & ASSOCIATES 0.14% of their portfolio ST PETERSBURG, FL 781,295781.3k $166.0m $166.0m 0.14% Added +95.4k +95,382
74 Verus Financial Partners, Inc. 21.36% of their portfolio RICHMOND, VA 767,732767.7k $163.9m $163.9m 21.36% Added +43.1k +43,108
75 Cresset Asset Management, LLC 1.12% of their portfolio Chicago, IL 764,778764.8k $162.4m $162.4m 1.12% Reduced -3.6k -3,593
76 Caprock Group, LLC 12.21% of their portfolio BOISE, ID 759,479759.5k $161.3m $161.3m 12.21% Added +12.1k +12,052
77 STEPHENS INC /AR/ 3.03% of their portfolio LITTLE ROCK, AR 745,110745.1k $158.3m $158.3m 3.03% Reduced -439 -439
78 Hardy Reed LLC 28.14% of their portfolio TUPELO, MS 731,004731.0k $155.3m $155.3m 28.14% Reduced -13.8k -13,791
79 Employees' Retirement Fund of the City of Fort Worth 33.67% of their portfolio FORT WORTH, TX 719,552719.6k $152.8m $152.8m 33.67% Unchanged
80 Kestra Advisory Services, LLC 1.46% of their portfolio AUSTIN, TX 699,734699.7k $148.6m $148.6m 1.46% Added +33.7k +33,721
81 BUCKINGHAM STRATEGIC WEALTH, LLC 2.08% of their portfolio CLAYTON, MO 690,882690.9k $146.8m $146.8m 2.08% Added +56.3k +56,323
82 REBALANCE, LLC 14.22% of their portfolio PALO ALTO, CA 688,502688.5k $146.2m $146.2m 14.22% Added +11.8k +11,798
83 FMR LLC 0.01% of their portfolio BOSTON, MA 673,124673.1k $143.0m $143.0m 0.01% Added +42.0k +42,046
84 Orion Porfolio Solutions, LLC 1.70% of their portfolio OMAHA, NE 661,681661.7k $140.5m $140.5m 1.70% Reduced -85.8k -85,820
85 Orion Portfolio Solutions, LLC 1.70% of their portfolio Omaha, NE 661,681661.7k $140.5m $140.5m 1.70% Reduced -85.8k -85,820
86 Laird Norton Wetherby Trust Company, LLC 17.55% of their portfolio Seattle, WA 642,487642.5k $136.5m $136.5m 17.55% Reduced -36.1k -36,094
87 CAPTRUST FINANCIAL ADVISORS 0.52% of their portfolio RALEIGH, NC 638,417638.4k $135.6m $135.6m 0.52% Added +46.6k +46,558
88 Boston Standard Wealth Management, LLC 35.75% of their portfolio WINCHESTER, MA 637,635637.6k $135.4m $135.4m 35.75% Added +11.2k +11,231
89 BANK OF MONTREAL /CAN/ 0.05% of their portfolio TORONTO, A6 631,961632.0k $139.8m $139.8m 0.05% Reduced -8.0k -8,012
90 PATHSTONE FAMILY OFFICE, LLC 1.04% of their portfolio ENGLEWOOD, NJ 630,727630.7k $134.0m $134.0m 1.04% Added +265.7k +265,747
91 OXFORD FINANCIAL GROUP, LTD. LLC 11.69% of their portfolio INDIANAPOLIS, IN 630,582630.6k $133.9m $133.9m 11.69% Added +22.3k +22,280
92 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.44% of their portfolio PLYMOUTH, MN 628,534628.5k $133.5m $133.5m 0.44% Added +372.2k +372,206
93 AGF MANAGEMENT LTD 0.94% of their portfolio TORONTO, A6 624,946624.9k $132.7m $132.7m 0.94% Reduced -17.6k -17,630
94 Mizuho Bank, Ltd. 12.81% of their portfolio TOKYO, M0 600,000600.0k $132.2m $132.2m 12.81% Unchanged
95 Allen Investment Management, LLC 1.80% of their portfolio NEW YORK, NY 578,917578.9k $123.0m $123.0m 1.80% Added +24.0k +24,035
96 Baird Financial Group, Inc. 0.33% of their portfolio MILWAUKEE, WI 565,530565.5k $120.1m $120.1m 0.33% Added +19.6k +19,611
97 STIFEL FINANCIAL CORP 0.17% of their portfolio ST. LOUIS, MO 565,200565.2k $120.1m $120.1m 0.17% Added +103.7k +103,673
98 Elm Partners Management LLC 12.35% of their portfolio Philadelphia, PA 562,329562.3k $119.4m $119.4m 12.35% Reduced -30.8k -30,768
99 Tanglewood Wealth Management, Inc. 20.25% of their portfolio HOUSTON, TX 562,222562.2k $119.4m $119.4m 20.25% Reduced -132.2k -132,244
100 GLENMEDE TRUST CO NA 0.68% of their portfolio PHILADELPHIA, PA 556,333556.3k $118.2m $118.2m 0.68% Added +3.4k +3,360