Who owns VAC (VAC)
Which tracked institutional funds hold VAC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VAC company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
80 tracked funds added or opened VAC while 33 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
VAC’s largest tracked holder by dollar value, Impactive Capital LP, sizes it at 19.5% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 19.5pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in VAC divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 345 tracked filers holding VAC, 175 increased or opened the position and 138 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in VAC between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 16
- VANGUARD PORTFOLIO MANAGEMENT LLC$122M
- VANGUARD CAPITAL MANAGEMENT LLC$89M
- GMT Capital Corp$67M
- NORGES BANK$23M
- VANGUARD FIDUCIARY TRUST CO$12M
- LANDMARK INVESTMENT PARTNERS, L.P.$4M
Full exits 17
- VANGUARD GROUP INC$182M
- Point72 Asset Management, L.P.$20M
- Lighthouse Investment Partners, LLC$4M
- MILLENNIUM MANAGEMENT LLC$4M
- TUDOR INVESTMENT CORP ET AL$3M
- Ruffer LLP$3M
Largest adds
- T. Rowe Price Investment Management, Inc.$35M
- Impactive Capital LP$31M
- NEW SOUTH CAPITAL MANAGEMENT INC$28M
- DIMENSIONAL FUND ADVISORS LP$12M
- BAMCO INC /NY/$12M
- FULLER & THALER ASSET MANAGEMENT, INC.$11M
Largest trims
- BlackRock, Inc.$48M
- CITADEL ADVISORS LLC$41M
- MORGAN STANLEY$16M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$11M
- Invesco Ltd.$7M
- AQR CAPITAL MANAGEMENT LLC$3M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| Impactive Capital LP | 4,129,984 | $269M | 12.0% | 2026-Q1 |
| BlackRock, Inc. trimmed | 2,973,686 | $194M | 8.6% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 1,880,668 | $122M | 5.5% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 1,773,127 | $115M | 5.2% | 2026-Q1 |
| FULLER & THALER ASSET MANAGEMENT, INC. trimmed | 1,696,423 | $110M | 4.9% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 1,364,149 | $89M | 4.0% | 2026-Q1 |
| Senvest Management, LLC trimmed | 1,151,975 | $75M | 3.3% | 2026-Q1 |
| STATE STREET CORP trimmed | 1,146,642 | $75M | 3.3% | 2026-Q1 |
| GMT Capital Corp new | 1,023,450 | $67M | 3.0% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC trimmed | 992,884 | $65M | 2.9% | 2026-Q1 |
| Ananym Capital Management, LP added | 819,818 | $53M | 2.4% | 2026-Q1 |
| T. Rowe Price Investment Management, Inc. added | 817,283 | $53M | 2.4% | 2026-Q1 |
| NEW SOUTH CAPITAL MANAGEMENT INC added | 773,736 | $50M | 2.2% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 683,406 | $45M | 2.0% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC added | 596,929 | $39M | 1.7% | 2026-Q1 |
| DEPRINCE RACE & ZOLLO INC added | 524,247 | $34M | 1.5% | 2026-Q1 |
| Quantinno Capital Management LP added | 474,037 | $31M | 1.4% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 390,530 | $25M | 1.1% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 370,321 | $24M | 1.1% | 2026-Q1 |
| NORGES BANK trimmed | 364,249 | $23M | 1.0% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 324,560 | $21M | 0.9% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 322,004 | $21M | 0.9% | 2026-Q1 |
| Schonfeld Strategic Advisors LLC added | 261,504 | $17M | 0.8% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 260,804 | $17M | 0.8% | 2026-Q1 |
| MORGAN STANLEY trimmed | 254,159 | $17M | 0.7% | 2026-Q1 |
| LSV ASSET MANAGEMENT added | 216,757 | $14M | 0.6% | 2026-Q1 |
| BAMCO INC /NY/ added | 214,280 | $14M | 0.6% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC trimmed | 205,208 | $13M | 0.6% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 182,049 | $12M | 0.5% | 2026-Q1 |
| Pathstone Holdings, LLC trimmed | 178,502 | $12M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 175,000 | $11M | 0.5% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 172,316 | $11M | 0.5% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 164,803 | $11M | 0.5% | 2026-Q1 |
| Invesco Ltd. trimmed | 156,029 | $10M | 0.5% | 2026-Q1 |
| UBS Group AG added | 146,851 | $10M | 0.4% | 2026-Q1 |
| SEI INVESTMENTS CO added | 142,843 | $9M | 0.4% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 134,602 | $9M | 0.4% | 2026-Q1 |
| Savant Capital, LLC added | 133,683 | $9M | 0.4% | 2026-Q1 |
| Empowered Funds, LLC trimmed | 132,616 | $9M | 0.4% | 2026-Q1 |
| Ancora Advisors LLC added | 117,999 | $8M | 0.3% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 104,942 | $7M | 0.3% | 2026-Q1 |
| Public Sector Pension Investment Board added | 99,090 | $6M | 0.3% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 89,753 | $6M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 87,216 | $6M | 0.3% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 86,700 | $6M | 0.3% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 84,311 | $5M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 82,181 | $5M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 76,735 | $5M | 0.2% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 75,230 | $5M | 0.2% | 2026-Q1 |
| MARSHALL WACE, LLP added | 73,133 | $5M | 0.2% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 71,836 | $5M | 0.2% | 2026-Q1 |
| LANDMARK INVESTMENT PARTNERS, L.P. new | 66,572 | $4M | 0.2% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 65,679 | $4M | 0.2% | 2026-Q1 |
| Allianz Asset Management GmbH added | 64,127 | $4M | 0.2% | 2026-Q1 |
| Legal & General Group Plc trimmed | 64,102 | $4M | 0.2% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 63,400 | $4M | 0.2% | 2026-Q1 |
| Nuveen, LLC trimmed | 60,539 | $4M | 0.2% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 58,567 | $4M | 0.2% | 2026-Q1 |
| Swiss National Bank | 58,036 | $4M | 0.2% | 2026-Q1 |
| CAXTON ASSOCIATES LLP added | 57,242 | $4M | 0.2% | 2026-Q1 |
| Verition Fund Management LLC trimmed | 49,885 | $3M | 0.1% | 2026-Q1 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 48,057 | $3M | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 43,780 | $3M | 0.1% | 2026-Q1 |
| XTX Topco Ltd added | 42,235 | $3M | 0.1% | 2026-Q1 |
| WEDGE CAPITAL MANAGEMENT L L P/NC trimmed | 40,127 | $3M | 0.1% | 2026-Q1 |
| SG Americas Securities, LLC added | 37,185 | $2M | 0.1% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM added | 35,683 | $2M | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 34,260 | $2M | 0.1% | 2026-Q1 |
| FMR LLC added | 33,390 | $2M | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 33,080 | $2M | 0.1% | 2026-Q1 |
| Holocene Advisors, LP added | 32,838 | $2M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 32,511 | $2M | 0.1% | 2026-Q1 |
| Range Financial Group LLC added | 31,251 | $2M | 0.1% | 2026-Q1 |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM trimmed | 30,489 | $2M | 0.1% | 2026-Q1 |
| HARBOR CAPITAL ADVISORS, INC. trimmed | 29,362 | $2M | 0.1% | 2026-Q1 |
| CANADA LIFE ASSURANCE Co trimmed | 29,093 | $2M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 3,148,426 | $182M | 8.1% | 2025-Q4 stale |
| Point72 Asset Management, L.P. added | 340,466 | $20M | 0.9% | 2025-Q4 stale |
| Long Pond Capital, LP added | 180,091 | $12M | 0.5% | 2025-Q1 stale |
| Brandywine Global Investment Management, LLC trimmed | 143,543 | $10M | 0.4% | 2025-Q3 stale |
| HRT FINANCIAL LP added | 124,661 | $8M | 0.4% | 2025-Q3 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 83,933 | $6M | 0.2% | 2025-Q3 stale |
| JANE STREET GROUP, LLC trimmed | 72,435 | $5M | 0.2% | 2025-Q3 stale |
| DARK FOREST CAPITAL MANAGEMENT LP added | 71,319 | $5M | 0.2% | 2025-Q3 stale |
| California Public Employees Retirement System added | 61,860 | $4M | 0.2% | 2025-Q2 stale |
| Lighthouse Investment Partners, LLC new | 75,174 | $4M | 0.2% | 2025-Q4 stale |
| MILLENNIUM MANAGEMENT LLC trimmed | 74,407 | $4M | 0.2% | 2025-Q4 stale |
| TUDOR INVESTMENT CORP ET AL | 52,177 | $3M | 0.2% | 2025-Q4 stale |
| AXA S.A. | 47,639 | $3M | 0.2% | 2025-Q2 stale |
| Ruffer LLP new | 58,907 | $3M | 0.2% | 2025-Q4 stale |
| Engineers Gate Manager LP added | 49,429 | $3M | 0.1% | 2025-Q3 stale |
| AXA Investment Managers S.A. new | 49,327 | $3M | 0.1% | 2025-Q3 stale |
| TWO SIGMA INVESTMENTS, LP added | 50,593 | $3M | 0.1% | 2025-Q4 stale |
| TWINBEECH CAPITAL LP added | 40,003 | $3M | 0.1% | 2025-Q3 stale |
| Corebridge Financial, Inc. trimmed | 35,493 | $2M | 0.1% | 2025-Q1 stale |
| Retirement Systems of Alabama trimmed | 33,469 | $2M | 0.1% | 2025-Q3 stale |
| Bridgewater Associates, LP trimmed | 37,118 | $2M | 0.1% | 2025-Q4 stale |
| COMERICA BANK added | 35,591 | $2M | 0.1% | 2025-Q4 stale |
| ExodusPoint Capital Management, LP added | 34,786 | $2M | 0.1% | 2025-Q4 stale |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC added | 26,347 | $2M | 0.1% | 2025-Q2 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.