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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| VANGUARD ADVISERS INC new | 2,005,896 | $126M | 18.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 1,852,641 | $116M | 16.9% | 2026-Q1 |
| Varma Mutual Pension Insurance Co | 1,100,000 | $69M | 10.0% | 2026-Q1 |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. added | 519,584 | $32M | 4.7% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 290,167 | $18M | 2.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 266,454 | $17M | 2.4% | 2026-Q1 |
| Hanson & Doremus Investment Management added | 211,926 | $13M | 1.9% | 2026-Q1 |
| Wealthfront Advisers LLC added | 206,536 | $13M | 1.9% | 2026-Q1 |
| Creative Planning added | 177,265 | $11M | 1.6% | 2026-Q1 |
| DeDora Capital, Inc. added | 177,260 | $11M | 1.6% | 2026-Q1 |
| Modera Wealth Management, LLC added | 154,784 | $10M | 1.4% | 2026-Q1 |
| Mariner, LLC added | 151,235 | $10M | 1.4% | 2026-Q1 |
| IMA Advisory Services, Inc. added | 149,730 | $9M | 1.4% | 2026-Q1 |
| Cerity Partners LLC added | 96,634 | $6M | 0.9% | 2026-Q1 |
| LPL Financial LLC added | 93,656 | $6M | 0.9% | 2026-Q1 |
| North Berkeley Wealth Management, LLC new | 79,748 | $5M | 0.7% | 2026-Q1 |
| UBS Group AG added | 71,239 | $4M | 0.7% | 2026-Q1 |
| Francis Financial, Inc. added | 70,682 | $4M | 0.6% | 2026-Q1 |
| ST GERMAIN D J CO INC added | 68,913 | $4M | 0.6% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 64,640 | $4M | 0.6% | 2026-Q1 |
| Human Investing LLC trimmed | 64,263 | $4M | 0.6% | 2026-Q1 |
| Pearl Planning LLC added | 41,504 | $3M | 0.4% | 2026-Q1 |
| MATHER GROUP, LLC. added | 40,782 | $3M | 0.4% | 2026-Q1 |
| Klaas Financial Asset Advisors, LLC new | 38,913 | $2M | 0.4% | 2026-Q1 |
| Team Hewins, LLC added | 37,176 | $2M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 31,213 | $2M | 0.3% | 2026-Q1 |
| Stewardship Advisors, LLC trimmed | 30,290 | $2M | 0.3% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 29,541 | $2M | 0.3% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 26,185 | $2M | 0.2% | 2026-Q1 |
| Level Financial Advisors added | 25,562 | $2M | 0.2% | 2026-Q1 |
| BetterWealth, LLC added | 25,375 | $2M | 0.2% | 2026-Q1 |
| HARBOUR INVESTMENTS, INC. added | 24,645 | $2M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 22,641 | $1M | 0.2% | 2026-Q1 |
| New England Private Wealth Advisors LLC trimmed | 19,626 | $1M | 0.2% | 2026-Q1 |
| Modern Wealth Management, LLC added | 18,958 | $1M | 0.2% | 2026-Q1 |
| Scott Capital Advisors, LLC added | 18,370 | $1M | 0.2% | 2026-Q1 |
| Allworth Financial LP added | 18,243 | $1M | 0.2% | 2026-Q1 |
| Choate Investment Advisors added | 18,075 | $1M | 0.2% | 2026-Q1 |
| Equita Financial Network, Inc. trimmed | 17,547 | $1M | 0.2% | 2026-Q1 |
| Apella Capital, LLC added | 16,401 | $1M | 0.2% | 2026-Q1 |
| Farrell Financial LLC trimmed | 16,239 | $1M | 0.1% | 2026-Q1 |
| Vontobel Holding Ltd. | 15,495 | $974K | 0.1% | 2026-Q1 |
| BARTLETT & CO. WEALTH MANAGEMENT LLC added | 14,981 | $935K | 0.1% | 2026-Q1 |
| Clarity Wealth Development LLC added | 14,739 | $926K | 0.1% | 2026-Q1 |
| Walkner Condon Financial Advisors LLC added | 13,754 | $864K | 0.1% | 2026-Q1 |
| Thayer Partners, LLC / MA added | 13,732 | $863K | 0.1% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 13,754 | $860K | 0.1% | 2026-Q1 |
| CWM, LLC added | 13,604 | $855K | 0.1% | 2026-Q1 |
| WealthSpring Partners, LLC added | 12,007 | $754K | 0.1% | 2026-Q1 |
| VALLEY NATIONAL ADVISERS INC added | 11,885 | $746K | 0.1% | 2026-Q1 |
| Ameritas Investment Partners, Inc. added | 11,473 | $721K | 0.1% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS new | 11,133 | $699K | 0.1% | 2026-Q1 |
| CURIO WEALTH, LLC | 11,017 | $692K | 0.1% | 2026-Q1 |
| EP Wealth Advisors, LLC added | 10,550 | $663K | 0.1% | 2026-Q1 |
| Charter Oak Capital Management, LLC added | 10,523 | $661K | 0.1% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 10,072 | $633K | 0.1% | 2026-Q1 |
| West Financial Advisors, LLC trimmed | 9,745 | $612K | 0.1% | 2026-Q1 |
| Savant Capital, LLC added | 9,370 | $589K | 0.1% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 8,991 | $565K | 0.1% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 8,818 | $554K | 0.1% | 2026-Q1 |
| Csenge Advisory Group added | 8,787 | $552K | 0.1% | 2026-Q1 |
| RWA WEALTH PARTNERS, LLC trimmed | 8,667 | $545K | 0.1% | 2026-Q1 |
| Shotwell Rutter Baer Inc added | 8,578 | $539K | 0.1% | 2026-Q1 |
| NOVARE CAPITAL MANAGEMENT LLC trimmed | 8,478 | $533K | 0.1% | 2026-Q1 |
| VERUS WEALTH MANAGEMENT, LLC trimmed | 8,340 | $524K | 0.1% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 7,950 | $500K | 0.1% | 2026-Q1 |
| XY Planning Network, Inc. trimmed | 7,944 | $498K | 0.1% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. | 7,915 | $497K | 0.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 7,804 | $490K | 0.1% | 2026-Q1 |
| Rehmann Capital Advisory Group added | 7,663 | $482K | 0.1% | 2026-Q1 |
| Townsend Financial Planning, LLC added | 7,391 | $464K | 0.1% | 2026-Q1 |
| Betterment LLC trimmed | 7,206 | $453K | 0.1% | 2026-Q1 |
| Carr Financial Group Corp trimmed | 7,166 | $450K | 0.1% | 2026-Q1 |
| American Investment Services, Inc. added | 6,718 | $422K | 0.1% | 2026-Q1 |
| Boston Trust Walden Corp | 6,400 | $402K | 0.1% | 2026-Q1 |
| Essential Planning, LLC. trimmed | 6,329 | $398K | 0.1% | 2026-Q1 |
| White Lighthouse Investment Management Inc. added | 6,288 | $395K | 0.1% | 2026-Q1 |
| CRUX WEALTH ADVISORS added | 6,206 | $390K | 0.1% | 2026-Q1 |
| Bragg Financial Advisors, Inc added | 6,037 | $379K | 0.1% | 2026-Q1 |
| LaSalle St. Investment Advisors, LLC trimmed | 6,031 | $379K | 0.1% | 2026-Q1 |
| Cetera Investment Advisers added | 6,018 | $378K | 0.1% | 2026-Q1 |
| UMB Bank, n.a. | 5,602 | $352K | 0.1% | 2026-Q1 |
| Summit Wealth Group, LLC | 5,602 | $352K | 0.1% | 2026-Q1 |
| Joel Adams & Associates, Inc. added | 5,343 | $336K | 0.0% | 2026-Q1 |
| 25 LLC | 5,208 | $327K | 0.0% | 2026-Q1 |
| Tribridge Partners Financial LLC | 5,178 | $326K | 0.0% | 2026-Q1 |
| Perigon Wealth Management, LLC | 5,083 | $319K | 0.0% | 2026-Q1 |
| Live Oak Investment Partners | 5,013 | $315K | 0.0% | 2026-Q1 |
| Drucker Wealth 3.0, LLC added | 4,958 | $312K | 0.0% | 2026-Q1 |
| VANGUARD GROUP INC added | 1,848,378 | $118M | 17.1% | 2025-Q4 stale |
| SageView Advisory Group, LLC added | 174,160 | $11M | 1.6% | 2025-Q4 stale |
| Stephens Consulting, LLC added | 27,098 | $2M | 0.2% | 2025-Q2 stale |
| NATURAL INVESTMENTS, LLC new | 7,726 | $1M | 0.1% | 2025-Q3 stale |
| WHITTIER TRUST CO added | 13,411 | $855K | 0.1% | 2025-Q4 stale |
| MERITAGE PORTFOLIO MANAGEMENT | 11,338 | $721K | 0.1% | 2025-Q4 stale |
| Willow Creek Wealth Management Inc. added | 9,282 | $596K | 0.1% | 2025-Q3 stale |
| Skyline Advisors, Inc. added | 5,032 | $320K | 0.0% | 2025-Q4 stale |
| OLD MISSION CAPITAL LLC trimmed | 5,026 | $319K | 0.0% | 2025-Q2 stale |
| Keudell/Morrison Wealth Management added | 5,016 | $318K | 0.0% | 2025-Q2 stale |
| Parkworth Wealth Management, Inc. added | 5,009 | $318K | 0.0% | 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.
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.