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Institutional Ownership · SEC Form 13F

Who owns VCEB (VCEB)


Which tracked institutional funds hold VCEB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VCEB 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.

130
Institutional holders
9,022,365
Shares held (tracked funds)

How the tape is positioned

25 tracked funds added or opened VCEB while 9 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

VCEB’s largest tracked holder by dollar value, VANGUARD ADVISERS INC, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in VCEB 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 130 tracked filers holding VCEB, 77 increased or opened the position and 37 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.

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 VCEB 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 7

  • VANGUARD ADVISERS INC$126M
  • Creative Planning$11M
  • North Berkeley Wealth Management, LLC$5M
  • Klaas Financial Asset Advisors, LLC$2M
  • CITADEL ADVISORS LLC$2M
  • JANE STREET GROUP, LLC$2M

Full exits 4

  • VANGUARD GROUP INC$118M
  • SageView Advisory Group, LLC$11M
  • WHITTIER TRUST CO$855K
  • MERITAGE PORTFOLIO MANAGEMENT$721K

Largest adds

  • BANK OF AMERICA CORP /DE/$115M
  • Wealthfront Advisers LLC$7M
  • BANCO BILBAO VIZCAYA ARGENTARIA, S.A.$4M
  • UBS Group AG$1M
  • Francis Financial, Inc.$1M
  • Hanson & Doremus Investment Management$1M

Largest trims

  • New England Private Wealth Advisors LLC$21M
  • NewEdge Advisors, LLC$9M
  • Stewardship Advisors, LLC$3M
  • Varma Mutual Pension Insurance Co$880K
  • NOVARE CAPITAL MANAGEMENT LLC$291K

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).

FundSharesReported value% of valueQuarter
VANGUARD ADVISERS INC new2,005,896$126M18.3%2026-Q1
BANK OF AMERICA CORP /DE/ added1,852,641$116M16.9%2026-Q1
Varma Mutual Pension Insurance Co1,100,000$69M10.0%2026-Q1
BANCO BILBAO VIZCAYA ARGENTARIA, S.A. added519,584$32M4.7%2026-Q1
TRUIST FINANCIAL CORP added290,167$18M2.6%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added266,454$17M2.4%2026-Q1
Hanson & Doremus Investment Management added211,926$13M1.9%2026-Q1
Wealthfront Advisers LLC added206,536$13M1.9%2026-Q1
Creative Planning added177,265$11M1.6%2026-Q1
DeDora Capital, Inc. added177,260$11M1.6%2026-Q1
Modera Wealth Management, LLC added154,784$10M1.4%2026-Q1
Mariner, LLC added151,235$10M1.4%2026-Q1
IMA Advisory Services, Inc. added149,730$9M1.4%2026-Q1
Cerity Partners LLC added96,634$6M0.9%2026-Q1
LPL Financial LLC added93,656$6M0.9%2026-Q1
North Berkeley Wealth Management, LLC new79,748$5M0.7%2026-Q1
UBS Group AG added71,239$4M0.7%2026-Q1
Francis Financial, Inc. added70,682$4M0.6%2026-Q1
ST GERMAIN D J CO INC added68,913$4M0.6%2026-Q1
Cambridge Investment Research Advisors, Inc. added64,640$4M0.6%2026-Q1
Human Investing LLC trimmed64,263$4M0.6%2026-Q1
Pearl Planning LLC added41,504$3M0.4%2026-Q1
MATHER GROUP, LLC. added40,782$3M0.4%2026-Q1
Klaas Financial Asset Advisors, LLC new38,913$2M0.4%2026-Q1
Team Hewins, LLC added37,176$2M0.3%2026-Q1
CITADEL ADVISORS LLC added31,213$2M0.3%2026-Q1
Stewardship Advisors, LLC trimmed30,290$2M0.3%2026-Q1
WELLS FARGO & COMPANY/MN added29,541$2M0.3%2026-Q1
JANE STREET GROUP, LLC trimmed26,185$2M0.2%2026-Q1
Level Financial Advisors added25,562$2M0.2%2026-Q1
BetterWealth, LLC added25,375$2M0.2%2026-Q1
HARBOUR INVESTMENTS, INC. added24,645$2M0.2%2026-Q1
ROYAL BANK OF CANADA added22,641$1M0.2%2026-Q1
New England Private Wealth Advisors LLC trimmed19,626$1M0.2%2026-Q1
Modern Wealth Management, LLC added18,958$1M0.2%2026-Q1
Scott Capital Advisors, LLC added18,370$1M0.2%2026-Q1
Allworth Financial LP added18,243$1M0.2%2026-Q1
Choate Investment Advisors added18,075$1M0.2%2026-Q1
Equita Financial Network, Inc. trimmed17,547$1M0.2%2026-Q1
Apella Capital, LLC added16,401$1M0.2%2026-Q1
Farrell Financial LLC trimmed16,239$1M0.1%2026-Q1
Vontobel Holding Ltd.15,495$974K0.1%2026-Q1
BARTLETT & CO. WEALTH MANAGEMENT LLC added14,981$935K0.1%2026-Q1
Clarity Wealth Development LLC added14,739$926K0.1%2026-Q1
Walkner Condon Financial Advisors LLC added13,754$864K0.1%2026-Q1
Thayer Partners, LLC / MA added13,732$863K0.1%2026-Q1
JPMORGAN CHASE & CO added13,754$860K0.1%2026-Q1
CWM, LLC added13,604$855K0.1%2026-Q1
WealthSpring Partners, LLC added12,007$754K0.1%2026-Q1
VALLEY NATIONAL ADVISERS INC added11,885$746K0.1%2026-Q1
Ameritas Investment Partners, Inc. added11,473$721K0.1%2026-Q1
CAPTRUST FINANCIAL ADVISORS new11,133$699K0.1%2026-Q1
CURIO WEALTH, LLC11,017$692K0.1%2026-Q1
EP Wealth Advisors, LLC added10,550$663K0.1%2026-Q1
Charter Oak Capital Management, LLC added10,523$661K0.1%2026-Q1
OSAIC HOLDINGS, INC. trimmed10,072$633K0.1%2026-Q1
West Financial Advisors, LLC trimmed9,745$612K0.1%2026-Q1
Savant Capital, LLC added9,370$589K0.1%2026-Q1
RAYMOND JAMES FINANCIAL INC added8,991$565K0.1%2026-Q1
Private Advisor Group, LLC trimmed8,818$554K0.1%2026-Q1
Csenge Advisory Group added8,787$552K0.1%2026-Q1
RWA WEALTH PARTNERS, LLC trimmed8,667$545K0.1%2026-Q1
Shotwell Rutter Baer Inc added8,578$539K0.1%2026-Q1
NOVARE CAPITAL MANAGEMENT LLC trimmed8,478$533K0.1%2026-Q1
VERUS WEALTH MANAGEMENT, LLC trimmed8,340$524K0.1%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC added7,950$500K0.1%2026-Q1
XY Planning Network, Inc. trimmed7,944$498K0.1%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC.7,915$497K0.1%2026-Q1
MML INVESTORS SERVICES, LLC trimmed7,804$490K0.1%2026-Q1
Rehmann Capital Advisory Group added7,663$482K0.1%2026-Q1
Townsend Financial Planning, LLC added7,391$464K0.1%2026-Q1
Betterment LLC trimmed7,206$453K0.1%2026-Q1
Carr Financial Group Corp trimmed7,166$450K0.1%2026-Q1
American Investment Services, Inc. added6,718$422K0.1%2026-Q1
Boston Trust Walden Corp6,400$402K0.1%2026-Q1
Essential Planning, LLC. trimmed6,329$398K0.1%2026-Q1
White Lighthouse Investment Management Inc. added6,288$395K0.1%2026-Q1
CRUX WEALTH ADVISORS added6,206$390K0.1%2026-Q1
Bragg Financial Advisors, Inc added6,037$379K0.1%2026-Q1
LaSalle St. Investment Advisors, LLC trimmed6,031$379K0.1%2026-Q1
Cetera Investment Advisers added6,018$378K0.1%2026-Q1
UMB Bank, n.a.5,602$352K0.1%2026-Q1
Summit Wealth Group, LLC5,602$352K0.1%2026-Q1
Joel Adams & Associates, Inc. added5,343$336K0.0%2026-Q1
25 LLC5,208$327K0.0%2026-Q1
Tribridge Partners Financial LLC5,178$326K0.0%2026-Q1
Perigon Wealth Management, LLC5,083$319K0.0%2026-Q1
Live Oak Investment Partners5,013$315K0.0%2026-Q1
Drucker Wealth 3.0, LLC added4,958$312K0.0%2026-Q1
VANGUARD GROUP INC added1,848,378$118M17.1%2025-Q4 stale
SageView Advisory Group, LLC added174,160$11M1.6%2025-Q4 stale
Stephens Consulting, LLC added27,098$2M0.2%2025-Q2 stale
NATURAL INVESTMENTS, LLC new7,726$1M0.1%2025-Q3 stale
WHITTIER TRUST CO added13,411$855K0.1%2025-Q4 stale
MERITAGE PORTFOLIO MANAGEMENT11,338$721K0.1%2025-Q4 stale
Willow Creek Wealth Management Inc. added9,282$596K0.1%2025-Q3 stale
Skyline Advisors, Inc. added5,032$320K0.0%2025-Q4 stale
OLD MISSION CAPITAL LLC trimmed5,026$319K0.0%2025-Q2 stale
Keudell/Morrison Wealth Management added5,016$318K0.0%2025-Q2 stale
Parkworth Wealth Management, Inc. added5,009$318K0.0%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.

HoldersTotal shares

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.

Learn how to read institutional ownership