Who owns VGSH (VGSH)
Which tracked institutional funds hold VGSH, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VGSH 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
338 tracked funds added or opened VGSH while 173 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
VGSH’s largest tracked holder by dollar value, JPMORGAN CHASE & CO, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 1.3% of theirs — a 1.1pp gap the other way — the median holder sizes VGSH more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in VGSH 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 1046 tracked filers holding VGSH, 602 increased or opened the position and 421 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 VGSH 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 69
- WIT, LLC$70M
- Beacon Capital Management, Inc.$45M
- Klaas Financial Asset Advisors, LLC$43M
- VANGUARD ADVISERS INC$43M
- JOHNSON INVESTMENT COUNSEL INC$35M
- Talon Private Wealth, LLC$34M
Full exits 45
- Penserra Capital Management LLC$112M
- VANGUARD GROUP INC$40M
- NICOLET ADVISORY SERVICES, LLC$11M
- COMERICA BANK$9M
- Kovitz Investment Group Partners, LLC$8M
- Municipal Employees' Retirement System of Michigan$8M
Largest adds
- JPMORGAN CHASE & CO$431M
- MORGAN STANLEY$231M
- UBS Group AG$226M
- GOLDMAN SACHS GROUP INC$193M
- Arlington Trust Co LLC$181M
- WELLS FARGO & COMPANY/MN$112M
Largest trims
- Orgel Wealth Management, LLC$133M
- AXXCESS WEALTH MANAGEMENT, LLC$85M
- M&T Bank Corp$73M
- BROWN ADVISORY INC$66M
- AE Wealth Management LLC$42M
- New York Life Investment Management LLC$30M
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 |
|---|---|---|---|---|
| JPMORGAN CHASE & CO added | 51,830,651 | $3.0B | 19.1% | 2026-Q1 |
| MORGAN STANLEY added | 27,795,731 | $1.6B | 10.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 11,529,094 | $675M | 4.3% | 2026-Q1 |
| Baird Financial Group, Inc. added | 10,154,088 | $594M | 3.7% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 8,786,540 | $514M | 3.2% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 7,965,601 | $466M | 2.9% | 2026-Q1 |
| UBS Group AG added | 6,384,245 | $374M | 2.4% | 2026-Q1 |
| Orgel Wealth Management, LLC trimmed | 5,832,672 | $341M | 2.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 5,686,535 | $333M | 2.1% | 2026-Q1 |
| Cerity Partners LLC added | 5,265,965 | $308M | 1.9% | 2026-Q1 |
| RWA WEALTH PARTNERS, LLC added | 5,100,961 | $299M | 1.9% | 2026-Q1 |
| NorthRock Partners, LLC added | 4,867,688 | $285M | 1.8% | 2026-Q1 |
| LPL Financial LLC added | 4,480,376 | $262M | 1.7% | 2026-Q1 |
| STATE STREET CORP | 4,400,000 | $258M | 1.6% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 4,066,826 | $238M | 1.5% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 3,600,561 | $211M | 1.3% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 3,192,770 | $187M | 1.2% | 2026-Q1 |
| Arlington Trust Co LLC added | 3,092,443 | $181M | 1.1% | 2026-Q1 |
| PARTNERS CAPITAL INVESTMENT GROUP, LLP added | 2,917,104 | $171M | 1.1% | 2026-Q1 |
| Pure Financial Advisors, LLC added | 2,779,808 | $163M | 1.0% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 2,481,150 | $145M | 0.9% | 2026-Q1 |
| Corient Private Wealth LLC added | 2,437,710 | $143M | 0.9% | 2026-Q1 |
| CITIGROUP INC added | 2,434,252 | $143M | 0.9% | 2026-Q1 |
| New York Life Investment Management LLC trimmed | 2,283,713 | $134M | 0.8% | 2026-Q1 |
| NewEdge Wealth, LLC added | 2,240,609 | $131M | 0.8% | 2026-Q1 |
| M&T Bank Corp trimmed | 2,162,215 | $127M | 0.8% | 2026-Q1 |
| Smithfield Trust Co added | 2,126,368 | $124M | 0.8% | 2026-Q1 |
| TD PRIVATE CLIENT WEALTH LLC added | 2,070,258 | $121M | 0.8% | 2026-Q1 |
| NEPC LLC | 1,993,299 | $117M | 0.7% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 1,902,776 | $111M | 0.7% | 2026-Q1 |
| MAI Capital Management added | 1,885,493 | $110M | 0.7% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 1,767,504 | $103M | 0.7% | 2026-Q1 |
| Blue Trust, Inc. added | 1,736,049 | $102M | 0.6% | 2026-Q1 |
| CAMBRIDGE ASSOCIATES LLC /MA/ /ADV added | 1,673,967 | $98M | 0.6% | 2026-Q1 |
| Miller Investment Management, LP added | 1,673,914 | $98M | 0.6% | 2026-Q1 |
| NOMURA ASSET MANAGEMENT CO LTD added | 1,644,677 | $96M | 0.6% | 2026-Q1 |
| TRUSTMARK BANK TRUST DEPARTMENT added | 1,537,458 | $90M | 0.6% | 2026-Q1 |
| Focus Partners Wealth added | 1,481,747 | $87M | 0.5% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 1,442,644 | $84M | 0.5% | 2026-Q1 |
| COLDSTREAM CAPITAL MANAGEMENT INC trimmed | 1,365,541 | $80M | 0.5% | 2026-Q1 |
| Creative Planning trimmed | 1,363,191 | $80M | 0.5% | 2026-Q1 |
| First Financial Bankshares Inc added | 1,331,529 | $78M | 0.5% | 2026-Q1 |
| Evensky & Katz LLC added | 1,324,856 | $78M | 0.5% | 2026-Q1 |
| Valmark Advisers, Inc. trimmed | 1,260,898 | $74M | 0.5% | 2026-Q1 |
| Oak Harvest Investment Services added | 1,227,277 | $72M | 0.5% | 2026-Q1 |
| Advisory Alpha, LLC trimmed | 1,216,871 | $71M | 0.4% | 2026-Q1 |
| MAYPORT, LLC added | 1,205,223 | $71M | 0.4% | 2026-Q1 |
| WIT, LLC added | 1,189,666 | $70M | 0.4% | 2026-Q1 |
| Elm Partners Management LLC trimmed | 1,165,925 | $68M | 0.4% | 2026-Q1 |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management added | 1,150,169 | $67M | 0.4% | 2026-Q1 |
| Aptus Capital Advisors, LLC added | 1,140,697 | $67M | 0.4% | 2026-Q1 |
| Capital Investment Advisors, LLC added | 1,135,860 | $66M | 0.4% | 2026-Q1 |
| First Command Advisory Services, Inc. trimmed | 1,096,947 | $64M | 0.4% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 1,067,888 | $63M | 0.4% | 2026-Q1 |
| Chemistry Wealth Management LLC added | 1,061,040 | $62M | 0.4% | 2026-Q1 |
| Cornerstone Wealth Advisors, Inc. added | 1,051,879 | $62M | 0.4% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 1,028,572 | $60M | 0.4% | 2026-Q1 |
| PRESILIUM PRIVATE WEALTH, LLC added | 1,009,460 | $59M | 0.4% | 2026-Q1 |
| Cetera Investment Advisers added | 1,007,296 | $59M | 0.4% | 2026-Q1 |
| Retirement Planning Group, LLC trimmed | 979,118 | $57M | 0.4% | 2026-Q1 |
| Falcon Wealth Planning added | 969,208 | $57M | 0.4% | 2026-Q1 |
| CAPITAL ADVISORS INC/OK added | 935,053 | $55M | 0.3% | 2026-Q1 |
| Portland Global Advisors LLC added | 866,281 | $51M | 0.3% | 2026-Q1 |
| Foster Group, Inc. added | 864,813 | $51M | 0.3% | 2026-Q1 |
| INSIGHT 2811, INC. added | 851,443 | $50M | 0.3% | 2026-Q1 |
| Strata Wealth Advisors, LLC trimmed | 842,394 | $49M | 0.3% | 2026-Q1 |
| Wealth Dimensions Group, Ltd. added | 842,298 | $49M | 0.3% | 2026-Q1 |
| PATTEN & PATTEN INC/TN added | 838,252 | $49M | 0.3% | 2026-Q1 |
| Wellspring Financial Advisors, LLC added | 769,442 | $45M | 0.3% | 2026-Q1 |
| Beacon Capital Management, Inc. added | 763,790 | $45M | 0.3% | 2026-Q1 |
| Klaas Financial Asset Advisors, LLC new | 740,507 | $43M | 0.3% | 2026-Q1 |
| VANGUARD ADVISERS INC new | 732,573 | $43M | 0.3% | 2026-Q1 |
| Mariner, LLC added | 723,029 | $42M | 0.3% | 2026-Q1 |
| Federation des caisses Desjardins du Quebec trimmed | 717,884 | $42M | 0.3% | 2026-Q1 |
| American Money Management, LLC added | 696,632 | $41M | 0.3% | 2026-Q1 |
| 1834 INVESTMENT ADVISORS CO added | 690,209 | $40M | 0.3% | 2026-Q1 |
| ARMSTRONG ADVISORY GROUP, INC added | 661,171 | $39M | 0.2% | 2026-Q1 |
| Warwick Investment Management, Inc. added | 650,445 | $38M | 0.2% | 2026-Q1 |
| AMI INVESTMENT MANAGEMENT INC added | 639,260 | $37M | 0.2% | 2026-Q1 |
| Pacific Sage Partners, LLC added | 637,238 | $37M | 0.2% | 2026-Q1 |
| OLD NATIONAL BANCORP /IN/ added | 630,940 | $37M | 0.2% | 2026-Q1 |
| Beacon Bank & Trust added | 620,644 | $36M | 0.2% | 2026-Q1 |
| Johns Hopkins University | 616,877 | $36M | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 608,779 | $36M | 0.2% | 2026-Q1 |
| GOULD ASSET MANAGEMENT LLC /CA/ added | 608,248 | $36M | 0.2% | 2026-Q1 |
| Facet Wealth, Inc. added | 605,958 | $35M | 0.2% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 601,990 | $35M | 0.2% | 2026-Q1 |
| JOHNSON INVESTMENT COUNSEL INC new | 598,351 | $35M | 0.2% | 2026-Q1 |
| Westerkirk Capital Inc. trimmed | 597,540 | $35M | 0.2% | 2026-Q1 |
| Arista Wealth Management, LLC added | 595,609 | $35M | 0.2% | 2026-Q1 |
| Strategic Financial Services, Inc. added | 589,560 | $35M | 0.2% | 2026-Q1 |
| BROWN ADVISORY INC trimmed | 588,276 | $34M | 0.2% | 2026-Q1 |
| Opus Capital Group, LLC added | 586,072 | $34M | 0.2% | 2026-Q1 |
| Haverford Trust Co added | 582,508 | $34M | 0.2% | 2026-Q1 |
| Acropolis Investment Management, LLC trimmed | 572,906 | $34M | 0.2% | 2026-Q1 |
| Talon Private Wealth, LLC trimmed | 572,787 | $34M | 0.2% | 2026-Q1 |
| Penserra Capital Management LLC added | 1,912,299 | $112M | 0.7% | 2025-Q4 stale |
| Money Design Co.,Ltd. trimmed | 1,251,534 | $74M | 0.5% | 2025-Q2 stale |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 1,116,900 | $66M | 0.4% | 2025-Q2 stale |
| VANGUARD GROUP INC added | 677,102 | $40M | 0.3% | 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.