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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 1,712,696 | $466M | 9.6% | 2026-Q1 |
| MORGAN STANLEY trimmed | 1,573,281 | $428M | 8.8% | 2026-Q1 |
| UBS Group AG trimmed | 1,202,841 | $328M | 6.8% | 2026-Q1 |
| PGIM Custom Harvest LLC trimmed | 883,217 | $241M | 5.0% | 2026-Q1 |
| Clal Insurance Enterprises Holdings Ltd | 873,000 | $238M | 4.9% | 2026-Q1 |
| LPL Financial LLC trimmed | 793,109 | $216M | 4.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN trimmed | 764,772 | $208M | 4.3% | 2026-Q1 |
| EVERETT HARRIS & CO /CA/ trimmed | 726,205 | $198M | 4.1% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 459,701 | $125M | 2.6% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 411,076 | $112M | 2.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 384,112 | $105M | 2.2% | 2026-Q1 |
| Cetera Investment Advisers trimmed | 379,333 | $103M | 2.1% | 2026-Q1 |
| Beacon Capital Management, Inc. trimmed | 352,404 | $96M | 2.0% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 347,137 | $95M | 2.0% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 255,829 | $70M | 1.4% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 253,661 | $69M | 1.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 218,631 | $58M | 1.2% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 209,756 | $57M | 1.2% | 2026-Q1 |
| Steward Partners Investment Advisory, LLC added | 207,505 | $57M | 1.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 199,085 | $54M | 1.1% | 2026-Q1 |
| MAI Capital Management added | 185,985 | $51M | 1.0% | 2026-Q1 |
| INVICTUS PRIVATE WEALTH, LLC added | 177,171 | $48M | 1.0% | 2026-Q1 |
| Allied Investment Advisors, LLC added | 171,706 | $47M | 1.0% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 141,121 | $38M | 0.8% | 2026-Q1 |
| Focus Partners Wealth added | 140,010 | $38M | 0.8% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 136,583 | $37M | 0.8% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 134,615 | $37M | 0.8% | 2026-Q1 |
| Lido Advisors, LLC added | 126,729 | $35M | 0.7% | 2026-Q1 |
| ARMSTRONG ADVISORY GROUP, INC trimmed | 116,863 | $32M | 0.7% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 107,069 | $29M | 0.6% | 2026-Q1 |
| AGF MANAGEMENT LTD trimmed | 106,940 | $29M | 0.6% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 106,361 | $29M | 0.6% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ added | 105,945 | $29M | 0.6% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 100,426 | $27M | 0.6% | 2026-Q1 |
| PEAPACK GLADSTONE FINANCIAL CORP added | 99,933 | $27M | 0.6% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 97,971 | $27M | 0.6% | 2026-Q1 |
| POTOMAC FUND MANAGEMENT INC /ADV added | 91,100 | $25M | 0.5% | 2026-Q1 |
| Capital Advantage, Inc. added | 89,063 | $24M | 0.5% | 2026-Q1 |
| Ameritas Advisory Services, LLC trimmed | 88,637 | $24M | 0.5% | 2026-Q1 |
| FIRST MANHATTAN CO. LLC. trimmed | 87,532 | $24M | 0.5% | 2026-Q1 |
| Wheelhouse Advisory Group LLC added | 85,250 | $23M | 0.5% | 2026-Q1 |
| Creative Planning added | 83,244 | $23M | 0.5% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 83,199 | $23M | 0.5% | 2026-Q1 |
| M&T Bank Corp added | 83,197 | $23M | 0.5% | 2026-Q1 |
| Cerity Partners LLC added | 80,981 | $22M | 0.5% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 81,872 | $22M | 0.4% | 2026-Q1 |
| Mariner, LLC trimmed | 76,278 | $21M | 0.4% | 2026-Q1 |
| Stratos Wealth Partners, LTD. trimmed | 64,364 | $18M | 0.4% | 2026-Q1 |
| CHAI TRUST CO LLC | 64,079 | $17M | 0.4% | 2026-Q1 |
| Main Management LLC trimmed | 61,727 | $17M | 0.3% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 59,608 | $16M | 0.3% | 2026-Q1 |
| WBH ADVISORY INC trimmed | 58,724 | $16M | 0.3% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 59,080 | $16M | 0.3% | 2026-Q1 |
| PRINCIPAL SECURITIES, INC. added | 57,682 | $16M | 0.3% | 2026-Q1 |
| Lakeshore Financial Planning, Inc. added | 56,591 | $15M | 0.3% | 2026-Q1 |
| Morningstar Investment Management LLC added | 56,514 | $15M | 0.3% | 2026-Q1 |
| EVERGREEN CAPITAL MANAGEMENT LLC added | 56,429 | $15M | 0.3% | 2026-Q1 |
| HighTower Advisors, LLC added | 55,648 | $15M | 0.3% | 2026-Q1 |
| Baird Financial Group, Inc. added | 55,119 | $15M | 0.3% | 2026-Q1 |
| Marotta Asset Management trimmed | 53,346 | $15M | 0.3% | 2026-Q1 |
| KCM INVESTMENT ADVISORS LLC trimmed | 53,633 | $15M | 0.3% | 2026-Q1 |
| Cedar Mountain Advisors, LLC trimmed | 51,873 | $14M | 0.3% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 51,500 | $14M | 0.3% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 48,406 | $13M | 0.3% | 2026-Q1 |
| FMR LLC added | 45,841 | $12M | 0.3% | 2026-Q1 |
| JOHNSON INVESTMENT COUNSEL INC added | 45,547 | $12M | 0.3% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 49,639 | $12M | 0.2% | 2026-Q1 |
| TITLEIST ASSET MANAGEMENT, LLC added | 43,714 | $12M | 0.2% | 2026-Q1 |
| Adaptive Financial Consulting, LLC added | 43,668 | $12M | 0.2% | 2026-Q1 |
| Private Advisor Group, LLC trimmed | 43,430 | $12M | 0.2% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 43,124 | $12M | 0.2% | 2026-Q1 |
| Corient Private Wealth LLC added | 43,907 | $12M | 0.2% | 2026-Q1 |
| Ballast, Inc. added | 40,198 | $11M | 0.2% | 2026-Q1 |
| MassMutual Private Wealth & Trust, FSB trimmed | 40,116 | $11M | 0.2% | 2026-Q1 |
| AXXCESS WEALTH MANAGEMENT, LLC trimmed | 40,040 | $11M | 0.2% | 2026-Q1 |
| SP Asset Management LLC added | 39,969 | $11M | 0.2% | 2026-Q1 |
| Atlas Legacy Advisors, LLC trimmed | 39,913 | $11M | 0.2% | 2026-Q1 |
| New England Private Wealth Advisors LLC added | 37,948 | $10M | 0.2% | 2026-Q1 |
| SOUTHERN CAPITAL SERVICES INC /ADV trimmed | 36,754 | $10M | 0.2% | 2026-Q1 |
| TrueWealth Financial Partners added | 36,638 | $10M | 0.2% | 2026-Q1 |
| DMKC Advisory Services, LLC added | 35,613 | $10M | 0.2% | 2026-Q1 |
| Focus Financial Network, Inc. trimmed | 35,264 | $10M | 0.2% | 2026-Q1 |
| Polianta Ltd added | 34,200 | $9M | 0.2% | 2026-Q1 |
| PARAGON FINANCIAL PARTNERS, INC. added | 33,343 | $9M | 0.2% | 2026-Q1 |
| TRUST CO OF OKLAHOMA added | 33,643 | $9M | 0.2% | 2026-Q1 |
| Royal Fund Management, LLC added | 33,121 | $9M | 0.2% | 2026-Q1 |
| Merit Financial Group, LLC added | 32,971 | $9M | 0.2% | 2026-Q1 |
| Empower Advisory Group, LLC added | 32,699 | $9M | 0.2% | 2026-Q1 |
| ATLAS CAPITAL ADVISORS INC. added | 31,836 | $9M | 0.2% | 2026-Q1 |
| Dakota Wealth Management trimmed | 29,958 | $8M | 0.2% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 125,400 | $33M | 0.7% | 2025-Q3 stale |
| CW Advisors, LLC added | 119,011 | $30M | 0.6% | 2025-Q2 stale |
| TRUST CO OF VERMONT added | 85,552 | $25M | 0.5% | 2025-Q4 stale |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 70,997 | $18M | 0.4% | 2025-Q2 stale |
| Full Sail Capital, LLC added | 63,910 | $17M | 0.3% | 2025-Q3 stale |
| Estate Counselors, LLC trimmed | 49,110 | $13M | 0.3% | 2025-Q1 stale |
| Bordeaux Wealth Advisors LLC trimmed | 45,823 | $11M | 0.2% | 2025-Q2 stale |
| Exchange Capital Management, Inc. added | 44,069 | $11M | 0.2% | 2025-Q2 stale |
| Nicholas Investment Partners, LP new | 38,050 | $9M | 0.2% | 2025-Q2 stale |
| MARSHALL WACE, LLP added | 31,508 | $9M | 0.2% | 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.
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.