Who owns VGMS (VGMS)
Which tracked institutional funds hold VGMS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VGMS 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 VGMS is one-sided between 2025-Q4 and 2026-Q1: 13 added or opened and 2 trimmed or exited — on balance accumulating.
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
VGMS’s largest tracked holder by dollar value, DAHRING | CUSMANO LLC, sizes it at 6.0% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 5.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in VGMS 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 29 tracked filers holding VGMS, 21 increased or opened the position and 6 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 VGMS 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 2
- SAGE RHINO CAPITAL LLC$1M
- Modern Wealth Management, LLC$757K
Largest adds
- DAHRING | CUSMANO LLC$9M
- GSG Advisors LLC$2M
- Buska Wealth Management, LLC$1M
- CITADEL ADVISORS LLC$1M
- Holos Integrated Wealth LLC$1M
- Rialto Wealth Management, LLC$816K
Largest trims
- JANE STREET GROUP, LLC$2M
- New Capital Management LP$896K
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 |
|---|---|---|---|---|
| DAHRING | CUSMANO LLC added | 191,644 | $10M | 20.9% | 2026-Q1 |
| Holos Integrated Wealth LLC added | 155,443 | $8M | 17.0% | 2026-Q1 |
| New Capital Management LP trimmed | 84,586 | $4M | 9.2% | 2026-Q1 |
| Rialto Wealth Management, LLC added | 68,511 | $3M | 7.5% | 2026-Q1 |
| D.B. Root & Company, LLC added | 66,751 | $3M | 7.3% | 2026-Q1 |
| Buska Wealth Management, LLC added | 59,255 | $3M | 6.5% | 2026-Q1 |
| GSG Advisors LLC added | 39,756 | $2M | 4.3% | 2026-Q1 |
| CITADEL ADVISORS LLC added | 31,185 | $2M | 3.4% | 2026-Q1 |
| Arete Wealth Advisors, LLC added | 27,240 | $1M | 3.0% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 26,997 | $1M | 2.9% | 2026-Q1 |
| SAGE RHINO CAPITAL LLC new | 21,366 | $1M | 2.3% | 2026-Q1 |
| AFG FIDUCIARY SERVICES LIMITED PARTNERSHIP trimmed | 18,933 | $965K | 2.1% | 2026-Q1 |
| CRA Financial Services, LLC added | 17,086 | $871K | 1.9% | 2026-Q1 |
| D'Orazio & Associates, Inc. added | 15,325 | $782K | 1.7% | 2026-Q1 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 15,122 | $771K | 1.7% | 2026-Q1 |
| Modern Wealth Management, LLC new | 14,870 | $757K | 1.6% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC added | 9,735 | $497K | 1.1% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 9,428 | $481K | 1.0% | 2026-Q1 |
| Beacon Pointe Advisors, LLC new | 7,010 | $358K | 0.8% | 2026-Q1 |
| Independence Asset Advisors, LLC new | 6,629 | $338K | 0.7% | 2026-Q1 |
| Ballast Rock Private Wealth LLC added | 5,772 | $294K | 0.6% | 2026-Q1 |
| New England Private Wealth Advisors LLC added | 5,103 | $260K | 0.6% | 2026-Q1 |
| Swisher Financial Concepts, Inc. | 4,845 | $247K | 0.5% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP new | 4,210 | $215K | 0.5% | 2026-Q1 |
| Ancora Advisors LLC added | 2,816 | $144K | 0.3% | 2026-Q1 |
| CWM, LLC | 1,951 | $100K | 0.2% | 2026-Q1 |
| Physician Wealth Advisors, Inc. trimmed | 448 | $23K | 0.0% | 2026-Q1 |
| MORGAN STANLEY | 400 | $20K | 0.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN new | 0 | $21 | 0.0% | 2026-Q1 |
| Principia Wealth Advisory, LLC trimmed | 3,385 | $175K | 0.4% | 2025-Q4 stale |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. new | 0 | — | 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.