DaveManuel.com · Institutional Ownership · Who Owns It
VANGUARD MALVERN FDS (VTIP)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
962
Reporting holders
$11.2B
Reported value
0.0%
Calls
0.1%
Puts
+38
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 |
|---|---|---|---|---|---|
| LPL Financial LLC | $930.6M | 18,526,302 | 0.21% | 31q | +4.1%+$37.0M |
| Valmark Advisers, Inc. | $369.1M | 7,347,518 | 3.92% | 31q | +3.9%+$13.7M |
| GOLDMAN SACHS GROUP INC | $365.7M | 7,281,217 | 0.03% | 31q | -37.7%-$220.9M |
| Savant Capital, LLC | $353.1M | 7,049,255 | 1.04% | 14q | +101.1%+$177.5M |
| MORGAN STANLEY | $323.5M | 6,439,963 | 0.02% | 35q | +10.5%+$30.8M |
| Wealthfront Advisers LLC | $308.3M | 6,137,312 | 0.59% | 31q | +26.4%+$64.4M |
| SEI INVESTMENTS CO | $302.4M | 6,019,982 | 0.27% | 31q | +5.1%+$14.7M |
| CAMBRIDGE ASSOCIATES LLC /MA/ /ADV | $285.5M | 5,683,131 | 4.12% | 27q | +4.3%+$11.8M |
| Focus Partners Wealth | $268.1M | 5,337,573 | 0.27% | 9q | +16.0%+$36.9M |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | $258.5M | 5,146,018 | 3.77% | 31q | +5.2%+$12.8M |
| Wealthspire Advisors, LLC | $253.4M | 5,045,602 | 1.40% | 31q | +13.2%+$29.6M |
| Focus Partners Advisor Solutions, LLC | $250.9M | 4,995,637 | 2.13% | 18q | +19.5%+$40.9M |
| FMR LLC | $240.6M | 4,790,222 | 0.01% | 31q | -3.1%-$7.7M |
| ENVESTNET ASSET MANAGEMENT INC | $218.3M | 4,345,770 | 0.05% | 31q | HELD |
| BANK OF AMERICA CORP /DE/ | $217.0M | 4,320,397 | 0.01% | 31q | +13.8%+$26.3M |
| Klingman & Associates, LLC | $131.2M | 2,611,590 | 5.58% | 31q | +7.7%+$9.4M |
| HighTower Advisors, LLC | $119.9M | 2,386,258 | 0.12% | 22q | -16.2%-$23.1M |
| MAI Capital Management | $117.5M | 2,338,765 | 0.44% | 7q | +62651.9%+$117.3M |
| Alesco Advisors, LLC, An ESL Co | $105.6M | 2,102,882 | 2.42% | 31q | HELD |
| BOK Financial Private Wealth, Inc. | $102.0M | 2,030,876 | 5.23% | 4q | +20.5%+$17.4M |
| WELLS FARGO & COMPANY/MN | $98.1M | 1,953,570 | 0.02% | 31q | -20.8%-$25.8M |
| STUDIO INVESTMENT MANAGEMENT LLC | $93.9M | 1,869,358 | 15.87% | 20q | +0.9%+$850.6K |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | $92.8M | 1,847,655 | 0.05% | 31q | +67.5%+$37.4M |
| Cerity Partners LLC | $87.5M | 1,741,550 | 0.11% | 20q | +146.7%+$52.0M |
| SATOVSKY ASSET MANAGEMENT LLC | $86.3M | 1,718,938 | 13.77% | 18q | +0.5%+$467.7K |
| ASSETMARK, INC | $84.1M | 1,673,562 | 0.14% | 31q | +74.9%+$36.0M |
| First Interstate Bank | $78.8M | 1,568,915 | 4.11% | 3q | +3.2%+$2.4M |
| Strategic Financial Services, Inc. | $77.5M | 1,543,640 | 3.40% | 7q | +5.1%+$3.8M |
| True Link Financial Advisors, LLC | $76.6M | 1,525,646 | 4.43% | 17q | +3.7%+$2.7M |
| Russell Investments Group, Ltd. | $74.3M | 1,478,713 | 0.07% | 3q | HELD |
| ARMSTRONG ADVISORY GROUP, INC | $73.1M | 1,455,422 | 4.45% | 15q | +26444.3%+$72.8M |
| Betterment LLC | $69.3M | 1,380,243 | 0.12% | 31q | -5.8%-$4.3M |
| JPMORGAN CHASE & CO | $67.1M | 1,333,566 | 0.00% | 31q | +49.5%+$22.2M |
| Arax Advisory Partners | $65.5M | 1,303,595 | 0.43% | 3q | +24673.8%+$65.2M |
| Empowered Funds, LLC | $62.3M | 1,258,283 | 0.33% | 2q | -6.6%-$4.4M |
| Bleakley Financial Group, LLC | $60.8M | 1,209,758 | 0.77% | 15q | +15.4%+$8.1M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $59.9M | 1,193,049 | 0.01% | 12q | +1.1%+$660.9K |
| OSAIC HOLDINGS, INC. | $59.5M | 1,184,197 | 0.07% | 26q | +27.2%+$12.7M |
| Garde Capital, Inc. | $58.1M | 1,156,378 | 2.60% | 6q | +5.1%+$2.8M |
| Cetera Investment Advisers | $57.6M | 1,146,348 | 0.05% | 31q | +5.0%+$2.7M |
| UBS Group AG | $53.4M | 1,062,481 | 0.01% | 31q | -2.5%-$1.4M |
| Accredited Investors Inc. | $51.0M | 1,014,386 | 2.20% | new | NEW |
| AMERIPRISE FINANCIAL INC | $48.4M | 964,393 | 0.01% | 31q | +88.1%+$22.7M |
| TRUST CO OF VERMONT | $45.2M | 900,431 | 1.69% | 30q | +22.9%+$8.4M |
| ALTFEST L J & CO INC | $42.8M | 852,080 | 4.15% | 6q | -15.2%-$7.7M |
| Pacific Sage Partners, LLC | $40.7M | 809,759 | 5.77% | 5q | +7.9%+$3.0M |
| MOLLER WEALTH PARTNERS | $40.6M | 807,517 | 7.34% | 31q | +3.1%+$1.2M |
| RAYMOND JAMES FINANCIAL INC | $40.0M | 796,228 | 0.01% | 7q | +11.9%+$4.3M |
| Leonard Rickey Investment Advisors P.L.L.C. | $39.8M | 791,967 | 6.25% | 15q | +10.4%+$3.8M |
| Bank of New York Mellon Corp | $39.5M | 786,928 | 0.01% | 31q | -1.5%-$614.7K |
| Financial Plan, Inc. | $39.0M | 776,767 | 3.70% | 3q | +14.1%+$4.8M |
| THOMPSON SIEGEL & WALMSLEY LLC | $37.7M | 749,748 | 0.68% | 21q | +14.2%+$4.7M |
| FINANCIAL CONSULATE, INC | $37.1M | 738,693 | 4.13% | 16q | +4.6%+$1.6M |
| Ethos Capital Management, Inc. | $36.0M | 715,805 | 25.60% | new | NEW |
| Beacon Capital Management, Inc. | $35.8M | 712,474 | 2.17% | 11q | -46.6%-$31.2M |
| SILVER OAK WEALTH ADVISORS SERVICES, LLC | $34.3M | 683,280 | 20.55% | 7q | +8.7%+$2.7M |
| Cambridge Investment Research Advisors, Inc. | $33.9M | 675,006 | 0.04% | 31q | +115.3%+$18.2M |
| MERCER GLOBAL ADVISORS INC /ADV | $33.2M | 661,676 | 0.04% | 22q | +72.2%+$13.9M |
| Marotta Asset Management | $33.0M | 667,167 | 5.50% | 20q | +1.7%+$544.3K |
| Arlington Financial Advisors, LLC | $32.8M | 653,370 | 4.17% | 11q | +10.6%+$3.1M |
| DEFINE FINANCIAL, LLC | $32.4M | 644,675 | 14.87% | 7q | +13.9%+$3.9M |
| Kestra Advisory Services, LLC | $32.1M | 639,705 | 0.10% | 24q | +240.3%+$22.7M |
| Stratos Investment Management, LLC | $31.3M | 623,489 | 1.13% | 30q | +2.5%+$765.2K |
| STIFEL FINANCIAL CORP | $31.3M | 623,336 | 0.03% | 31q | +83.2%+$14.2M |
| EP Wealth Advisors, LLC | $31.0M | 617,814 | 0.12% | 9q | +91.9%+$14.9M |
| ROYAL BANK OF CANADA | $30.2M | 600,890 | 0.00% | 31q | +10.7%+$2.9M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $30.1M | 542,843 | 0.02% | 20q | -36.6%-$17.4M |
| NORTHWEST WEALTH MANAGEMENT, LLC | $30.1M | 599,305 | 3.97% | 20q | +9.6%+$2.6M |
| Adventist Health System/ West | $28.8M | 572,974 | 4.51% | 28q | HELD |
| Cornerstone National Bank & Trust Co | $27.3M | 550,581 | 9.22% | 11q | -11.2%-$3.4M |
| COMMONWEALTH EQUITY SERVICES, LLC | $26.4M | 525,001 | 0.03% | 31q | +18.7%+$4.1M |
| Alaska Permanent Capital Management, LLC | $26.2M | 521,491 | 1.71% | 31q | +3.1%+$785.6K |
| Financial Solutions Advisory Group, Inc. | $25.9M | 522,120 | 3.28% | 2q | HELD |
| WEBSTER BANK, N. A. | $25.9M | 516,076 | 2.25% | 31q | +2.8%+$707.8K |
| AE Wealth Management LLC | $25.8M | 514,454 | 0.12% | 31q | +22.4%+$4.7M |
| VAN STRUM & TOWNE INC. | $25.6M | 510,557 | 6.99% | 20q | +2.7%+$679.7K |
| Schorn Wealth LLC | $25.4M | 506,031 | 6.65% | 11q | HELD |
| Corient Private Wealth LP | $25.1M | 499,187 | 0.03% | 15q | -12.7%-$3.7M |
| Deane Retirement Strategies, Inc. | $24.9M | 495,958 | 10.55% | 24q | +29.5%+$5.7M |
| BENNINGFIELD FINANCIAL ADVISORS, LLC | $21.9M | 436,245 | 16.23% | 7q | +3.0%+$642.0K |
| FIFTH THIRD BANCORP | $21.8M | 434,677 | 0.04% | 31q | +1154.1%+$20.1M |
| Woodward Financial Advisors, Inc. | $21.7M | 432,340 | 7.26% | 19q | +5.7%+$1.2M |
| Perigon Wealth Management, LLC | $21.6M | 429,630 | 0.34% | 26q | +11.0%+$2.1M |
| CITADEL ADVISORS LLC | $21.5M incl. $5.5M options CALL+PUT | 318,383 | 0.00% | 22q | +9.8%+$1.9M |
| ProVise Management Group, LLC | $21.4M | 426,377 | 1.44% | 31q | +2.4%+$504.4K |
| Burton Enright Welch | $21.2M | 422,683 | 2.49% | 10q | +15.2%+$2.8M |
| Chemistry Wealth Management LLC | $21.2M | 422,416 | 3.39% | 18q | +15.1%+$2.8M |
| SWAN Capital LLC | $21.2M | 422,205 | 7.26% | 13q | +10.4%+$2.0M |
| Goodman Financial Corp | $21.2M | 421,313 | 3.27% | 2q | +49.8%+$7.0M |
| MAYPORT, LLC | $21.1M | 420,360 | 3.27% | 19q | +6.1%+$1.2M |
| SJS Investment Consulting Inc. | $21.1M | 420,192 | 2.30% | 18q | +31.6%+$5.1M |
| BANK OF MONTREAL /CAN/ | $21.0M | 418,059 | 0.01% | 4q | +219.3%+$14.4M |
| NKCFO LLC | $20.9M | 415,950 | 6.33% | 7q | +2.6%+$527.4K |
| Brickley Wealth Management | $20.8M | 414,646 | 2.99% | 18q | +1.5%+$309.4K |
| Fairway Wealth LLC | $20.7M | 1,111,931 | 4.73% | 11q | +0.7%+$145.9K |
| MML INVESTORS SERVICES, LLC | $20.6M | 410,143 | 0.04% | 31q | +22.8%+$3.8M |
| Atria Investments, Inc | $19.9M | 395,897 | 0.20% | 19q | +92.1%+$9.5M |
| Sellwood Investment Partners LLC | $19.8M | 394,459 | 6.99% | 7q | HELD |
| Portland Global Advisors LLC | $19.6M | 390,446 | 1.86% | 27q | +0.8%+$148.1K |
| Glenview Trust Co | $19.5M | 387,486 | 0.27% | 16q | +14.2%+$2.4M |
Showing the largest 100 of 963 reported holders. The count of 962 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
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 | 408 | $2.7B | 55,521,910 | 33 | 224 | 87 | 0.0% |
| Q2 2026 | 962 | $11.2B | 223,254,240 | 91 | 480 | 215 | 0.1% |
| Q1 2026 | 924 | $10.2B | 204,541,374 | 80 | 419 | 252 | 0.0% |
| Q4 2025 | 903 | $10.9B | 221,471,426 | 66 | 440 | 204 | 0.0% |
| Q3 2025 | 847 | $11.8B | 233,505,611 | 65 | 377 | 238 | 0.0% |
| Q2 2025 | 840 | $9.8B | 196,555,390 | 87 | 340 | 233 | 0.0% |
| Q1 2025 | 794 | $8.7B | 175,159,718 | 78 | 312 | 237 | 0.0% |
| Q4 2024 | 774 | $7.8B | 160,745,914 | 51 | 306 | 220 | 0.0% |
| Q3 2024 | 705 | $7.9B | 160,620,097 | 44 | 245 | 284 | 0.0% |
| Q2 2024 | 735 | $6.0B | 123,200,553 | 57 | 213 | 309 | 0.0% |
| Q1 2024 | 722 | $6.3B | 131,192,169 | 39 | 227 | 323 | 0.0% |
| Q4 2023 | 767 | $6.8B | 142,984,318 | 64 | 225 | 328 | 0.1% |
| Q3 2023 | 734 | $7.3B | 153,929,150 | 46 | 252 | 301 | 0.0% |
| Q2 2023 | 768 | $7.0B | 148,416,057 | 35 | 204 | 358 | 0.0% |
| Q1 2023 | 779 | $7.3B | 152,564,994 | 66 | 226 | 346 | 0.1% |
| Q4 2022 | 816 | $11.4B | 243,795,550 | 71 | 234 | 364 | 0.1% |
| Q3 2022 | 774 | $155.5B | 3,231,991,881 | 60 | 251 | 313 | 0.0% |
| Q2 2022 | 801 | $173.6B | 3,468,561,895 | 99 | 311 | 261 | 0.0% |
| Q1 2022 | 776 | $145.4B | 2,838,880,183 | 93 | 355 | 204 | 0.0% |
| Q4 2021 | 735 | $117.2B | 2,280,929,974 | 88 | 378 | 111 | 0.0% |
| Q3 2021 | 611 | $93.6B | 1,777,976,704 | 73 | 328 | 103 | 0.0% |
| Q2 2021 | 573 | $85.9B | 1,639,476,304 | 87 | 300 | 94 | 0.0% |
| Q1 2021 | 507 | $39.3B | 762,249,303 | 79 | 258 | 77 | 0.0% |
| Q4 2020 | 450 | $20.9B | 409,827,929 | 51 | 184 | 92 | 0.0% |
| Q3 2020 | 385 | $17.7B | 346,271,708 | 50 | 170 | 67 | 0.0% |
| Q2 2020 | 361 | $13.6B | 271,345,738 | 39 | 115 | 111 | 0.0% |
| Q1 2020 | 347 | $12.8B | 261,902,929 | 42 | 90 | 141 | 0.0% |
| Q4 2019 | 351 | $13.5B | 273,940,538 | 29 | 119 | 104 | 0.0% |
| Q3 2019 | 324 | $12.6B | 257,245,014 | 26 | 118 | 112 | 0.0% |
| Q2 2019 | 324 | $19.8B | 401,097,050 | 29 | 111 | 117 | 0.0% |
| Q1 2019 | 326 | $20.1B | 412,227,101 | 33 | 108 | 121 | 0.0% |
| Q4 2018 | 311 | $11.2B | 234,061,603 | 4 | 6 | 8 | 0.0% |