DaveManuel.com · Institutional Ownership · Who Owns It
VANGUARD MALVERN FDS (VCRB)
Institutional ownership reported to the SEC as of Q2 2026, across 12 quarters.
311
Reporting holders
$6.0B
Reported value
0.0%
Calls
0.0%
Puts
+34
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| HBK Sorce Advisory LLC | $863.8M | 11,340,350 | 16.38% | 10q | +2.6%+$22.3M |
| SIGNATUREFD, LLC | $442.4M | 5,727,598 | 5.91% | 6q | +5.2%+$21.7M |
| Advance Capital Management, Inc. | $297.7M | 3,854,514 | 9.62% | 3q | +3.6%+$10.3M |
| Bank of New York Mellon Corp | $262.1M | 3,393,668 | 0.04% | 6q | -1.5%-$4.1M |
| BANK OF AMERICA CORP /DE/ | $225.4M | 2,918,533 | 0.01% | 6q | +20.3%+$38.1M |
| Forvis Mazars Wealth Advisors, LLC | $181.2M | 2,345,516 | 3.03% | 9q | +14.4%+$22.7M |
| NEPC LLC | $177.6M | 2,299,200 | 3.31% | 2q | -1.4%-$2.5M |
| Martel Wealth Advisors LLC | $129.2M | 1,672,614 | 20.32% | 7q | +5.8%+$7.1M |
| ASSETMARK, INC | $121.6M | 1,574,720 | 0.21% | 6q | +13.7%+$14.7M |
| Diversified Portfolios, Inc. | $106.2M | 1,374,618 | 7.70% | 9q | +15.1%+$13.9M |
| LPL Financial LLC | $100.2M | 1,297,437 | 0.02% | 8q | +21.9%+$18.0M |
| Smith & Howard Wealth Management, LLC | $87.9M | 1,138,506 | 17.48% | 5q | +4.6%+$3.8M |
| Financial Engines Advisors L.L.C. | $83.5M | 1,080,904 | 0.15% | 9q | +10.0%+$7.6M |
| Verum Partners LLC | $82.4M | 1,067,008 | 12.33% | 11q | +164.0%+$51.2M |
| BLB&B Advisors, LLC | $82.1M | 1,063,179 | 3.01% | 4q | +11.3%+$8.3M |
| ALERUS FINANCIAL NA | $74.3M | 961,921 | 3.25% | 4q | +1.4%+$1.0M |
| ORRSTOWN FINANCIAL SERVICES INC | $69.1M | 894,661 | 10.26% | 5q | +1.2%+$844.8K |
| Heartland Bank & Trust Co | $64.7M | 838,371 | 13.40% | 2q | +1.8%+$1.1M |
| Orion Porfolio Solutions, LLC | $59.5M | 770,284 | 0.46% | 6q | -13.6%-$9.4M |
| Zhang Financial LLC | $56.2M | 727,196 | 1.64% | 6q | +38.4%+$15.6M |
| Magnolia Wealth Management, LLC | $55.4M | 716,770 | 28.98% | 9q | +11.4%+$5.7M |
| ENVESTNET ASSET MANAGEMENT INC | $53.4M | 691,674 | 0.01% | 9q | +10.1%+$4.9M |
| BOK Financial Private Wealth, Inc. | $50.7M | 655,898 | 2.60% | 2q | +7.4%+$3.5M |
| New England Capital Financial Advisors LLC | $48.9M | 632,969 | 11.69% | 3q | +7.1%+$3.3M |
| WELLS FARGO & COMPANY/MN | $45.9M | 594,901 | 0.01% | 4q | +135.1%+$26.4M |
| Tilson Financial Group, Inc. | $45.2M | 585,536 | 12.44% | 8q | +4.6%+$2.0M |
| Envestnet Portfolio Solutions, Inc. | $42.8M | 553,912 | 0.20% | 6q | +3.6%+$1.5M |
| HUB Investment Partners, LLC | $42.6M | 552,085 | 0.77% | 10q | +7.6%+$3.0M |
| Essex LLC | $42.1M | 545,388 | 6.39% | 4q | +17.5%+$6.3M |
| Mills Wealth Advisors LLC | $39.7M | 513,604 | 12.49% | 11q | +12.7%+$4.5M |
| Tull Financial Group, Inc. | $38.9M | 503,147 | 15.21% | 8q | +4.4%+$1.6M |
| EVOLVE PRIVATE WEALTH, LLC | $38.6M | 499,984 | 2.36% | 2q | +7.1%+$2.6M |
| SJS Investment Consulting Inc. | $37.4M | 484,453 | 4.07% | 10q | +10.8%+$3.6M |
| First Citizens Asset Management, Inc. | $35.9M | 464,660 | 11.47% | 4q | +2.1%+$725.7K |
| Rise Advisors, LLC | $35.5M | 459,797 | 9.99% | 4q | +52.5%+$12.2M |
| Alaethes Wealth, LLC | $35.0M | 452,682 | 10.15% | 4q | +9.6%+$3.1M |
| Leonard Rickey Investment Advisors P.L.L.C. | $33.9M | 438,604 | 5.32% | 7q | +15.2%+$4.5M |
| COMMONWEALTH EQUITY SERVICES, LLC | $33.3M | 431,363 | 0.04% | 11q | +14.2%+$4.1M |
| Mariner, LLC | $32.7M | 423,553 | 0.03% | 6q | +17.8%+$4.9M |
| AMI INVESTMENT MANAGEMENT INC | $32.5M | 420,558 | 6.90% | 5q | -0.9%-$309.3K |
| Boston Standard Wealth Management, LLC | $32.4M | 421,187 | 4.70% | 2q | +181.4%+$20.9M |
| SACHEM HILL LLC | $32.2M | 417,284 | 5.73% | 6q | +2.9%+$918.0K |
| Momentous Wealth Management, Inc. | $31.1M | 402,952 | 15.95% | 7q | +6.0%+$1.8M |
| Investment Planning Advisors, Inc. | $31.1M | 402,406 | 7.20% | 4q | +10.2%+$2.9M |
| Quantum Financial Planning Services, Inc. | $29.9M | 387,776 | 9.29% | 7q | +5.1%+$1.4M |
| SoundView Advisors Inc. | $29.7M | 384,228 | 9.67% | 2q | +1.0%+$290.8K |
| BCR Wealth Strategies, LLC | $29.5M | 381,880 | 8.29% | 6q | +11.3%+$3.0M |
| TFO Wealth Partners, LLC | $29.1M | 376,924 | 3.17% | 5q | +168.3%+$18.3M |
| Burton Enright Welch | $28.6M | 370,543 | 3.36% | 11q | +26.6%+$6.0M |
| Mallini Complete Financial Planning LLC | $28.6M | 370,324 | 20.40% | new | NEW |
| Gross & Hartman Investments LLC | $27.7M | 359,182 | 12.25% | 3q | +33.9%+$7.0M |
| NewEdge Wealth, LLC | $26.9M | 348,721 | 0.27% | 5q | -0.6%-$164.4K |
| Cornerstone Wealth Group, LLC | $26.5M | 342,833 | 1.57% | 6q | +3.0%+$780.8K |
| RESOLUTE CAPITAL, LLC | $25.8M | 334,463 | 8.91% | 3q | -1.4%-$364.2K |
| CGN Advisors LLC | $25.8M | 334,261 | 1.88% | 9q | +4.2%+$1.0M |
| SVB WEALTH LLC | $25.8M | 333,949 | 1.63% | 4q | +3.3%+$829.3K |
| BCGM Wealth Management, LLC | $25.4M | 329,425 | 5.38% | new | NEW |
| San Luis Wealth Advisors LLC | $24.5M | 317,382 | 3.69% | 9q | +10.7%+$2.4M |
| D'Orazio & Associates, Inc. | $23.8M | 307,966 | 2.75% | 5q | +25.9%+$4.9M |
| SMITHBRIDGE ASSET MANAGEMENT INC/DE | $23.2M | 300,432 | 3.16% | 4q | +5.2%+$1.2M |
| Acropolis Investment Management, LLC | $23.0M | 298,167 | 0.91% | 3q | +2.9%+$641.2K |
| Central Pacific Bank - Trust Division | $21.8M | 282,575 | 2.22% | 2q | +50.6%+$7.3M |
| Crusonia Wealth Advisors LLC | $21.7M | 280,488 | 3.56% | 3q | +13.9%+$2.6M |
| Cambridge Investment Research Advisors, Inc. | $21.6M | 279,836 | 0.02% | 9q | +184.5%+$14.0M |
| NorthLanding Financial Partners, LLC | $21.6M | 279,076 | 14.91% | 10q | +1.4%+$302.1K |
| Penney Financial, LLC | $20.1M | 259,865 | 7.02% | 5q | +182.7%+$13.0M |
| Blume Capital Management, Inc. | $19.3M | 250,052 | 2.82% | 3q | +7.9%+$1.4M |
| KEELER & NADLER FINANCIAL PLANNING & WEALTH MANAGEMENT | $19.2M | 248,157 | 5.44% | 7q | +10.7%+$1.9M |
| SCOTIA CAPITAL INC. | $18.8M | 243,337 | 0.07% | 4q | +1.3%+$250.3K |
| Safe Harbor Family Capital, LLC | $18.6M | 241,045 | 12.44% | 3q | +23.1%+$3.5M |
| ROYAL BANK OF CANADA | $18.5M | 239,827 | 0.00% | 8q | +41.8%+$5.5M |
| Lansing Street Advisors | $18.1M | 234,976 | 3.85% | 10q | -8.7%-$1.7M |
| Conservest Capital Advisors, Inc. | $17.4M | 224,673 | 1.38% | 5q | +7.5%+$1.2M |
| Baird Financial Group, Inc. | $17.1M | 220,928 | 0.02% | new | NEW |
| Centric Wealth Management | $16.7M | 220,113 | 2.60% | new | NEW |
| Foundations Investment Advisors, LLC | $16.5M | 213,183 | 0.17% | 8q | -15.2%-$2.9M |
| Chicago Partners Investment Group LLC | $16.4M | 215,667 | 0.33% | 9q | +23.9%+$3.2M |
| Wolff Financial Management LLC | $16.3M | 211,201 | 3.25% | 4q | +11.2%+$1.6M |
| Compton Wealth Advisory Group, LLC | $15.8M | 205,822 | 3.19% | 8q | +9.3%+$1.3M |
| NewEdge Advisors, LLC | $15.5M | 200,752 | 0.05% | 9q | +50.7%+$5.2M |
| HighTower Advisors, LLC | $15.1M | 195,312 | 0.01% | 10q | +1.9%+$275.8K |
| ShankerValleau Wealth Advisors, Inc. | $14.9M | 192,792 | 3.92% | 7q | +5.9%+$830.8K |
| Souders Financial Advisors | $14.2M | 183,265 | 1.42% | new | NEW |
| Olde Wealth Management, LLC | $14.1M | 182,514 | 3.99% | 5q | +5.7%+$754.4K |
| Barry Investment Advisors, LLC | $14.0M | 180,906 | 2.92% | 8q | +28.5%+$3.1M |
| Private Advisor Group, LLC | $13.3M | 171,635 | 0.06% | 7q | +4.2%+$536.0K |
| INVENIO WEALTH PARTNERS LLC | $12.9M | 167,384 | 4.63% | 5q | +2.3%+$288.9K |
| CFO4Life Group, LLC | $12.8M | 165,823 | 1.72% | 6q | HELD |
| Madrid Wealth Management, LLC | $12.4M | 160,158 | 8.12% | 3q | +20.8%+$2.1M |
| Timmons Wealth Management, LLC | $12.3M | 159,827 | 9.03% | new | NEW |
| MML INVESTORS SERVICES, LLC | $11.9M | 153,517 | 0.02% | 6q | +50.1%+$4.0M |
| MISSION WEALTH MANAGEMENT, LP | $11.7M | 151,560 | 0.14% | 6q | +45.2%+$3.6M |
| AJ Advisors, LLC | $11.5M | 148,577 | 3.57% | 6q | +4.1%+$450.3K |
| PRINCIPAL SECURITIES, INC. | $11.4M | 147,365 | 0.14% | 9q | +9.2%+$955.5K |
| Main Line Retirement Advisors, LLC | $11.1M | 143,079 | 5.07% | 3q | +51.0%+$3.7M |
| &PARTNERS | $11.0M | 142,349 | 0.05% | 2q | +3566.0%+$10.7M |
| Strategic Family Wealth Counselors, L.L.C. | $10.6M | 137,847 | 2.48% | 9q | +8.1%+$798.7K |
| Gutierrez Wealth Advisory, LLC | $9.7M | 125,787 | 5.61% | 7q | +0.8%+$81.8K |
| UP STRATEGIC WEALTH INVESTMENT ADVISORS LLC | $9.7M | 127,301 | 5.77% | 8q | +5.7%+$526.0K |
| CreativeOne Wealth, LLC | $9.2M | 119,141 | 0.20% | 6q | -2.1%-$201.8K |
Showing the largest 100 of 311 reported holders.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 133 | $2.4B | 32,367,681 | 18 | 74 | 26 | 0.0% |
| Q2 2026 | 311 | $6.0B | 77,540,031 | 52 | 192 | 47 | 0.0% |
| Q1 2026 | 277 | $5.3B | 69,084,374 | 43 | 175 | 26 | 0.0% |
| Q4 2025 | 247 | $4.1B | 53,066,156 | 38 | 141 | 31 | 0.0% |
| Q3 2025 | 202 | $3.3B | 42,471,901 | 43 | 123 | 23 | 0.0% |
| Q2 2025 | 170 | $2.5B | 32,739,308 | 49 | 84 | 24 | 0.0% |
| Q1 2025 | 137 | $2.0B | 26,387,995 | 54 | 68 | 6 | 0.0% |
| Q4 2024 | 92 | $1.2B | 15,719,524 | 25 | 42 | 11 | 0.0% |
| Q3 2024 | 56 | $924.6M | 11,676,540 | 12 | 33 | 6 | 0.0% |
| Q2 2024 | 44 | $212.9M | 2,799,101 | 22 | 19 | 2 | 0.0% |
| Q1 2024 | 24 | $49.2M | 643,124 | 19 | 4 | 0 | 0.0% |
| Q4 2023 | 5 | $2.6M | 34,317 | 5 | 0 | 0 | 0.0% |