Who owns VFH (VFH)
Which tracked institutional funds hold VFH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VFH 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
The tracked-fund tape on VFH is one-sided between 2025-Q4 and 2026-Q1: 49 added or opened and 165 trimmed or exited — on balance reducing.
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
VFH’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in VFH 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 736 tracked filers holding VFH, 299 increased or opened the position and 327 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 VFH 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 18
- Main Management ETF Advisors, LLC$112M
- TWO SIGMA INVESTMENTS, LP$81M
- Banque Transatlantique SA$5M
- Matthew Goff Investment Advisor, LLC$4M
- Lebenthal Global Advisors, LLC$3M
- JANE STREET GROUP, LLC$2M
Full exits 28
- TIFF ADVISORY SERVICES, LLC$28M
- Estate Counselors, LLC$11M
- TUDOR INVESTMENT CORP ET AL$11M
- Cavalier Investments, LLC$10M
- Curran Financial Partners, LLC$7M
- SOL Capital Management CO$6M
Largest adds
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$34M
- Allianz SE$32M
- M&T Bank Corp$29M
- Main Management LLC$12M
- Cerity Partners LLC$5M
- UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$5M
Largest trims
- BANK OF AMERICA CORP /DE/$253M
- Beacon Capital Management, Inc.$39M
- MORGAN STANLEY$38M
- LPL Financial LLC$21M
- ENVESTNET ASSET MANAGEMENT INC$21M
- AMERIPRISE FINANCIAL INC$15M
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 23,948,132 | $2.9B | 46.5% | 2026-Q1 |
| MORGAN STANLEY added | 3,665,584 | $443M | 7.1% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 1,932,970 | $234M | 3.8% | 2026-Q1 |
| UBS Group AG added | 1,906,091 | $230M | 3.7% | 2026-Q1 |
| PGIM Custom Harvest LLC added | 1,623,706 | $196M | 3.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 1,279,151 | $155M | 2.5% | 2026-Q1 |
| FMR LLC trimmed | 961,713 | $116M | 1.9% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 931,719 | $113M | 1.8% | 2026-Q1 |
| Main Management ETF Advisors, LLC added | 924,885 | $112M | 1.8% | 2026-Q1 |
| LPL Financial LLC trimmed | 918,506 | $111M | 1.8% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 669,100 | $81M | 1.3% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 579,925 | $70M | 1.1% | 2026-Q1 |
| Beacon Capital Management, Inc. trimmed | 554,302 | $67M | 1.1% | 2026-Q1 |
| STIFEL FINANCIAL CORP trimmed | 462,752 | $56M | 0.9% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 450,804 | $54M | 0.9% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 439,490 | $52M | 0.8% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 417,604 | $50M | 0.8% | 2026-Q1 |
| Lido Advisors, LLC added | 333,523 | $40M | 0.6% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 287,995 | $35M | 0.6% | 2026-Q1 |
| Allianz SE added | 267,713 | $32M | 0.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 256,745 | $31M | 0.5% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 245,185 | $30M | 0.5% | 2026-Q1 |
| M&T Bank Corp added | 243,080 | $29M | 0.5% | 2026-Q1 |
| TD Waterhouse Canada Inc. added | 212,792 | $26M | 0.4% | 2026-Q1 |
| Pinnacle Financial Partners, Inc. trimmed | 212,119 | $26M | 0.4% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 202,755 | $24M | 0.4% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 207,300 | $24M | 0.4% | 2026-Q1 |
| KCM INVESTMENT ADVISORS LLC trimmed | 193,484 | $23M | 0.4% | 2026-Q1 |
| Ayalon Insurance Comp Ltd. added | 178,031 | $22M | 0.3% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 166,330 | $20M | 0.3% | 2026-Q1 |
| Main Management LLC added | 157,110 | $19M | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC added | 151,450 | $18M | 0.3% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 150,228 | $18M | 0.3% | 2026-Q1 |
| CMH Wealth Management LLC added | 145,284 | $18M | 0.3% | 2026-Q1 |
| Cedar Mountain Advisors, LLC trimmed | 145,240 | $18M | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 144,203 | $17M | 0.3% | 2026-Q1 |
| TRUST CO OF OKLAHOMA added | 143,602 | $17M | 0.3% | 2026-Q1 |
| Mariner, LLC trimmed | 141,654 | $17M | 0.3% | 2026-Q1 |
| EDMOND DE ROTHSCHILD HOLDING S.A. | 138,679 | $17M | 0.3% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 136,333 | $16M | 0.3% | 2026-Q1 |
| HighTower Advisors, LLC added | 133,399 | $16M | 0.3% | 2026-Q1 |
| Ameritas Advisory Services, LLC trimmed | 132,878 | $16M | 0.3% | 2026-Q1 |
| Sanctuary Advisors, LLC added | 120,922 | $15M | 0.2% | 2026-Q1 |
| Focus Partners Wealth added | 120,635 | $15M | 0.2% | 2026-Q1 |
| SEARCY FINANCIAL SERVICES INC /ADV added | 114,275 | $14M | 0.2% | 2026-Q1 |
| MassMutual Private Wealth & Trust, FSB trimmed | 110,931 | $13M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 103,999 | $13M | 0.2% | 2026-Q1 |
| Cresset Asset Management, LLC added | 103,527 | $13M | 0.2% | 2026-Q1 |
| Winthrop Capital Management, LLC trimmed | 103,156 | $12M | 0.2% | 2026-Q1 |
| Marmo Financial Group, LLC trimmed | 102,669 | $12M | 0.2% | 2026-Q1 |
| WBH ADVISORY INC trimmed | 100,902 | $12M | 0.2% | 2026-Q1 |
| Allen Investment Management, LLC | 95,861 | $12M | 0.2% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS trimmed | 93,490 | $11M | 0.2% | 2026-Q1 |
| Thrivent Financial for Lutherans trimmed | 92,079 | $11M | 0.2% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 90,471 | $11M | 0.2% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 91,748 | $11M | 0.2% | 2026-Q1 |
| CALTON & ASSOCIATES, INC. trimmed | 88,050 | $11M | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 87,810 | $11M | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 84,626 | $10M | 0.2% | 2026-Q1 |
| Wheelhouse Advisory Group LLC added | 83,692 | $10M | 0.2% | 2026-Q1 |
| Cerity Partners LLC added | 79,403 | $10M | 0.2% | 2026-Q1 |
| Creative Planning added | 78,423 | $9M | 0.2% | 2026-Q1 |
| CHAI TRUST CO LLC | 78,063 | $9M | 0.2% | 2026-Q1 |
| Madison Asset Management, LLC added | 65,452 | $8M | 0.1% | 2026-Q1 |
| Robertson Stephens Wealth Management, LLC trimmed | 65,095 | $8M | 0.1% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 64,046 | $8M | 0.1% | 2026-Q1 |
| LCM Capital Management Inc added | 61,912 | $7M | 0.1% | 2026-Q1 |
| ATLAS CAPITAL ADVISORS INC. trimmed | 60,063 | $7M | 0.1% | 2026-Q1 |
| FOUNDERS GROVE WEALTH PARTNERS, LLC added | 59,085 | $7M | 0.1% | 2026-Q1 |
| Summit Financial, LLC added | 58,839 | $7M | 0.1% | 2026-Q1 |
| HANCOCK WHITNEY CORP added | 58,818 | $7M | 0.1% | 2026-Q1 |
| Equitable Holdings, Inc. added | 50,752 | $7M | 0.1% | 2026-Q1 |
| IEQ CAPITAL, LLC added | 53,561 | $6M | 0.1% | 2026-Q1 |
| BTG Pactual Asset Management US LLC added | 51,872 | $6M | 0.1% | 2026-Q1 |
| Annex Advisory Services, LLC trimmed | 51,646 | $6M | 0.1% | 2026-Q1 |
| Richmond Brothers, Inc. trimmed | 51,132 | $6M | 0.1% | 2026-Q1 |
| Gibraltar Capital Management, Inc. added | 50,692 | $6M | 0.1% | 2026-Q1 |
| GAMCO INVESTORS, INC. ET AL trimmed | 50,549 | $6M | 0.1% | 2026-Q1 |
| TIFF ADVISORY SERVICES, LLC | 213,451 | $28M | 0.5% | 2025-Q4 stale |
| SYNOVUS FINANCIAL CORP added | 216,804 | $28M | 0.5% | 2025-Q3 stale |
| SOROS FUND MANAGEMENT LLC | 174,588 | $21M | 0.3% | 2025-Q1 stale |
| Full Sail Capital, LLC trimmed | 127,661 | $17M | 0.3% | 2025-Q3 stale |
| Bordeaux Wealth Advisors LLC trimmed | 104,677 | $13M | 0.2% | 2025-Q2 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 102,976 | $13M | 0.2% | 2025-Q2 stale |
| Exchange Capital Management, Inc. trimmed | 100,023 | $13M | 0.2% | 2025-Q2 stale |
| BARINGS LLC trimmed | 88,974 | $11M | 0.2% | 2025-Q2 stale |
| Estate Counselors, LLC added | 82,403 | $11M | 0.2% | 2025-Q4 stale |
| TUDOR INVESTMENT CORP ET AL added | 81,340 | $11M | 0.2% | 2025-Q4 stale |
| BARCLAYS PLC added | 98,350 | $11M | 0.2% | 2025-Q3 stale |
| EWG Elevate Inc. trimmed | 89,298 | $11M | 0.2% | 2025-Q1 stale |
| PRUDENTIAL PLC trimmed | 89,200 | $11M | 0.2% | 2025-Q1 stale |
| Northeast Financial Consultants Inc | 80,761 | $10M | 0.2% | 2025-Q2 stale |
| Cavalier Investments, LLC added | 73,154 | $10M | 0.2% | 2025-Q4 stale |
| Atria Wealth Solutions, Inc. trimmed | 70,760 | $9M | 0.1% | 2025-Q2 stale |
| Callan Capital, LLC trimmed | 70,163 | $8M | 0.1% | 2025-Q1 stale |
| Sabal Trust CO trimmed | 65,195 | $8M | 0.1% | 2025-Q1 stale |
| Polianta Ltd trimmed | 59,300 | $8M | 0.1% | 2025-Q3 stale |
| Keeley-Teton Advisors, LLC trimmed | 58,659 | $7M | 0.1% | 2025-Q1 stale |
| Kinloch Capital, LLC added | 58,619 | $7M | 0.1% | 2025-Q1 stale |
| Curran Financial Partners, LLC trimmed | 51,841 | $7M | 0.1% | 2025-Q4 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.