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Institutional Ownership · SEC Form 13F

Who owns VHT (VHT)


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

1,078
Institutional holders
21,141,622
Shares held (tracked funds)

How the tape is positioned

80 tracked funds added or opened VHT while 200 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

VHT’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.2% of theirs — a 0.1pp gap the other way — the median holder sizes VHT more heavily than its largest holder by dollar value does.

Book-share is each fund’s reported value in VHT 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 1078 tracked filers holding VHT, 425 increased or opened the position and 494 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 VHT 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 23

  • TrueWealth Financial Partners$10M
  • Polianta Ltd$9M
  • Independent Advisor Alliance$5M
  • TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC$4M
  • CIBC Bancorp USA Inc.$3M
  • FLOW TRADERS U.S. LLC$2M

Full exits 39

  • TRUST CO OF VERMONT$25M
  • MARSHALL WACE, LLP$9M
  • COMERICA BANK$7M
  • Kinloch Capital, LLC$6M
  • VMS Asset Management Limited$6M
  • NewEdge Advisors, LLC$5M

Largest adds

  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$68M
  • NATIONAL BANK OF CANADA /FI/$24M
  • M&T Bank Corp$19M
  • Integrated Wealth Concepts LLC$9M
  • Empower Advisory Group, LLC$8M
  • FIFTH THIRD BANCORP$6M

Largest trims

  • PGIM Custom Harvest LLC$116M
  • UBS Group AG$72M
  • MORGAN STANLEY$36M
  • ROYAL BANK OF CANADA$28M
  • AXXCESS WEALTH MANAGEMENT, LLC$23M
  • WELLS FARGO & COMPANY/MN$23M

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
BANK OF AMERICA CORP /DE/ added1,712,696$466M9.6%2026-Q1
MORGAN STANLEY trimmed1,573,281$428M8.8%2026-Q1
UBS Group AG trimmed1,202,841$328M6.8%2026-Q1
PGIM Custom Harvest LLC trimmed883,217$241M5.0%2026-Q1
Clal Insurance Enterprises Holdings Ltd873,000$238M4.9%2026-Q1
LPL Financial LLC trimmed793,109$216M4.5%2026-Q1
WELLS FARGO & COMPANY/MN trimmed764,772$208M4.3%2026-Q1
EVERETT HARRIS & CO /CA/ trimmed726,205$198M4.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added459,701$125M2.6%2026-Q1
ROYAL BANK OF CANADA trimmed411,076$112M2.3%2026-Q1
RAYMOND JAMES FINANCIAL INC trimmed384,112$105M2.2%2026-Q1
Cetera Investment Advisers trimmed379,333$103M2.1%2026-Q1
Beacon Capital Management, Inc. trimmed352,404$96M2.0%2026-Q1
AMERIPRISE FINANCIAL INC added347,137$95M2.0%2026-Q1
OSAIC HOLDINGS, INC. trimmed255,829$70M1.4%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added253,661$69M1.4%2026-Q1
JPMORGAN CHASE & CO added218,631$58M1.2%2026-Q1
STIFEL FINANCIAL CORP added209,756$57M1.2%2026-Q1
Steward Partners Investment Advisory, LLC added207,505$57M1.2%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed199,085$54M1.1%2026-Q1
MAI Capital Management added185,985$51M1.0%2026-Q1
INVICTUS PRIVATE WEALTH, LLC added177,171$48M1.0%2026-Q1
Allied Investment Advisors, LLC added171,706$47M1.0%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. trimmed141,121$38M0.8%2026-Q1
Focus Partners Wealth added140,010$38M0.8%2026-Q1
Cambridge Investment Research Advisors, Inc. trimmed136,583$37M0.8%2026-Q1
Janney Montgomery Scott LLC trimmed134,615$37M0.8%2026-Q1
Lido Advisors, LLC added126,729$35M0.7%2026-Q1
ARMSTRONG ADVISORY GROUP, INC trimmed116,863$32M0.7%2026-Q1
TRUIST FINANCIAL CORP added107,069$29M0.6%2026-Q1
AGF MANAGEMENT LTD trimmed106,940$29M0.6%2026-Q1
MML INVESTORS SERVICES, LLC trimmed106,361$29M0.6%2026-Q1
NATIONAL BANK OF CANADA /FI/ added105,945$29M0.6%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV trimmed100,426$27M0.6%2026-Q1
PEAPACK GLADSTONE FINANCIAL CORP added99,933$27M0.6%2026-Q1
Rockefeller Capital Management L.P. trimmed97,971$27M0.6%2026-Q1
POTOMAC FUND MANAGEMENT INC /ADV added91,100$25M0.5%2026-Q1
Capital Advantage, Inc. added89,063$24M0.5%2026-Q1
Ameritas Advisory Services, LLC trimmed88,637$24M0.5%2026-Q1
FIRST MANHATTAN CO. LLC. trimmed87,532$24M0.5%2026-Q1
Wheelhouse Advisory Group LLC added85,250$23M0.5%2026-Q1
Creative Planning added83,244$23M0.5%2026-Q1
CAPTRUST FINANCIAL ADVISORS added83,199$23M0.5%2026-Q1
M&T Bank Corp added83,197$23M0.5%2026-Q1
Cerity Partners LLC added80,981$22M0.5%2026-Q1
JONES FINANCIAL COMPANIES LLLP added81,872$22M0.4%2026-Q1
Mariner, LLC trimmed76,278$21M0.4%2026-Q1
Stratos Wealth Partners, LTD. trimmed64,364$18M0.4%2026-Q1
CHAI TRUST CO LLC64,079$17M0.4%2026-Q1
Main Management LLC trimmed61,727$17M0.3%2026-Q1
GOLDMAN SACHS GROUP INC added59,608$16M0.3%2026-Q1
WBH ADVISORY INC trimmed58,724$16M0.3%2026-Q1
Kestra Advisory Services, LLC added59,080$16M0.3%2026-Q1
PRINCIPAL SECURITIES, INC. added57,682$16M0.3%2026-Q1
Lakeshore Financial Planning, Inc. added56,591$15M0.3%2026-Q1
Morningstar Investment Management LLC added56,514$15M0.3%2026-Q1
EVERGREEN CAPITAL MANAGEMENT LLC added56,429$15M0.3%2026-Q1
HighTower Advisors, LLC added55,648$15M0.3%2026-Q1
Baird Financial Group, Inc. added55,119$15M0.3%2026-Q1
Marotta Asset Management trimmed53,346$15M0.3%2026-Q1
KCM INVESTMENT ADVISORS LLC trimmed53,633$15M0.3%2026-Q1
Cedar Mountain Advisors, LLC trimmed51,873$14M0.3%2026-Q1
BANK OF MONTREAL /CAN/ added51,500$14M0.3%2026-Q1
Integrated Wealth Concepts LLC added48,406$13M0.3%2026-Q1
FMR LLC added45,841$12M0.3%2026-Q1
JOHNSON INVESTMENT COUNSEL INC added45,547$12M0.3%2026-Q1
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed49,639$12M0.2%2026-Q1
TITLEIST ASSET MANAGEMENT, LLC added43,714$12M0.2%2026-Q1
Adaptive Financial Consulting, LLC added43,668$12M0.2%2026-Q1
Private Advisor Group, LLC trimmed43,430$12M0.2%2026-Q1
FIFTH THIRD BANCORP added43,124$12M0.2%2026-Q1
Corient Private Wealth LLC added43,907$12M0.2%2026-Q1
Ballast, Inc. added40,198$11M0.2%2026-Q1
MassMutual Private Wealth & Trust, FSB trimmed40,116$11M0.2%2026-Q1
AXXCESS WEALTH MANAGEMENT, LLC trimmed40,040$11M0.2%2026-Q1
SP Asset Management LLC added39,969$11M0.2%2026-Q1
Atlas Legacy Advisors, LLC trimmed39,913$11M0.2%2026-Q1
New England Private Wealth Advisors LLC added37,948$10M0.2%2026-Q1
SOUTHERN CAPITAL SERVICES INC /ADV trimmed36,754$10M0.2%2026-Q1
TrueWealth Financial Partners added36,638$10M0.2%2026-Q1
DMKC Advisory Services, LLC added35,613$10M0.2%2026-Q1
Focus Financial Network, Inc. trimmed35,264$10M0.2%2026-Q1
Polianta Ltd added34,200$9M0.2%2026-Q1
PARAGON FINANCIAL PARTNERS, INC. added33,343$9M0.2%2026-Q1
TRUST CO OF OKLAHOMA added33,643$9M0.2%2026-Q1
Royal Fund Management, LLC added33,121$9M0.2%2026-Q1
Merit Financial Group, LLC added32,971$9M0.2%2026-Q1
Empower Advisory Group, LLC added32,699$9M0.2%2026-Q1
ATLAS CAPITAL ADVISORS INC. added31,836$9M0.2%2026-Q1
Dakota Wealth Management trimmed29,958$8M0.2%2026-Q1
BNP PARIBAS FINANCIAL MARKETS added125,400$33M0.7%2025-Q3 stale
CW Advisors, LLC added119,011$30M0.6%2025-Q2 stale
TRUST CO OF VERMONT added85,552$25M0.5%2025-Q4 stale
AVANTAX ADVISORY SERVICES, INC. trimmed70,997$18M0.4%2025-Q2 stale
Full Sail Capital, LLC added63,910$17M0.3%2025-Q3 stale
Estate Counselors, LLC trimmed49,110$13M0.3%2025-Q1 stale
Bordeaux Wealth Advisors LLC trimmed45,823$11M0.2%2025-Q2 stale
Exchange Capital Management, Inc. added44,069$11M0.2%2025-Q2 stale
Nicholas Investment Partners, LP new38,050$9M0.2%2025-Q2 stale
MARSHALL WACE, LLP added31,508$9M0.2%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.

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