Who owns VMBS
Which tracked institutional funds hold VMBS, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VMBS company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-17). 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
164 tracked funds added or opened VMBS while 83 trimmed or exited it between 2026-Q1 and 2026-Q2 — 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
VMBS’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 0.7% of theirs — a 0.5pp gap the other way — the median holder sizes VMBS more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in VMBS 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 2026-Q1 and 2026-Q2, across 691 tracked filers holding VMBS, 373 increased or opened the position and 298 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 VMBS between the 2026-Q1 and 2026-Q2 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 21
- Garde Capital, Inc.$48M
- Diversify Advisory Services, LLC$40M
- Triad Wealth Partners, LLC$23M
- NewEdge Advisors, LLC$16M
- Financial Gravity Companies, Inc.$5M
- Plancorp, LLC$4M
Full exits 25
- Cambridge Investment Research Advisors, Inc.$61M
- HighTower Advisors, LLC$60M
- Janney Montgomery Scott LLC$46M
- Jaffetilchin Investment Partners, LLC$22M
- Thrivent Financial for Lutherans$15M
- Betterment LLC$15M
Largest adds
- BANK OF AMERICA CORP /DE/$115M
- GOLDMAN SACHS GROUP INC$90M
- JPMORGAN CHASE & CO$81M
- STIFEL FINANCIAL CORP$70M
- MATHER GROUP, LLC.$54M
- ENVESTNET ASSET MANAGEMENT INC$39M
Largest trims
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$25M
- UBS Group AG$22M
- New York Life Investment Management LLC$12M
- First Financial Bankshares Inc$11M
- FEDERATED HERMES, INC.$11M
- Private Advisor Group, LLC$10M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ added | 58,928,194 | $2.8B | 21.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 28,250,812 | $1.3B | 10.5% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 26,485,779 | $1.2B | 9.9% | 2026-Q2 |
| Bank of New York Mellon Corp added | 10,605,591 | $496M | 3.9% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 10,216,170 | $478M | 3.8% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 9,746,512 | $456M | 3.6% | 2026-Q2 |
| ASSETMARK, INC trimmed | 8,804,599 | $412M | 3.3% | 2026-Q2 |
| MATHER GROUP, LLC. added | 8,499,381 | $398M | 3.2% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 6,905,111 | $323M | 2.6% | 2026-Q2 |
| LPL Financial LLC trimmed | 6,295,640 | $295M | 2.3% | 2026-Q2 |
| TD PRIVATE CLIENT WEALTH LLC added | 5,693,728 | $267M | 2.1% | 2026-Q2 |
| MORGAN STANLEY added | 5,492,517 | $257M | 2.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 5,108,101 | $239M | 1.9% | 2026-Q2 |
| UBS Group AG trimmed | 4,833,728 | $226M | 1.8% | 2026-Q2 |
| LINCOLN NATIONAL CORP added | 3,880,622 | $182M | 1.4% | 2026-Q2 |
| Clearstead Advisors, LLC added | 3,144,439 | $147M | 1.2% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,500,178 | $117M | 0.9% | 2026-Q2 |
| Focus Partners Wealth trimmed | 2,422,537 | $113M | 0.9% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH added | 2,362,938 | $111M | 0.9% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 2,166,152 | $101M | 0.8% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 1,886,157 | $88M | 0.7% | 2026-Q2 |
| Valmark Advisers, Inc. added | 1,779,883 | $83M | 0.7% | 2026-Q2 |
| Alesco Advisors, LLC, An ESL Co added | 1,703,018 | $80M | 0.6% | 2026-Q2 |
| Merit Financial Group, LLC added | 1,619,728 | $76M | 0.6% | 2026-Q2 |
| Ally Invest Advisors Inc. added | 1,520,621 | $71M | 0.6% | 2026-Q2 |
| CASTLEARK MANAGEMENT LLC | 1,487,800 | $70M | 0.6% | 2026-Q2 |
| First Interstate Bank added | 1,467,793 | $69M | 0.5% | 2026-Q2 |
| Financial Engines Advisors L.L.C. added | 1,399,365 | $66M | 0.5% | 2026-Q2 |
| Cetera Investment Advisers added | 1,300,292 | $61M | 0.5% | 2026-Q2 |
| Angeles Investment Advisors, LLC trimmed | 1,210,865 | $57M | 0.5% | 2026-Q2 |
| EP Wealth Advisors, LLC added | 1,148,037 | $54M | 0.4% | 2026-Q2 |
| CANTOR FITZGERALD INVESTMENT ADVISORS L.P. trimmed | 1,087,794 | $51M | 0.4% | 2026-Q2 |
| Bell Investment Advisors, Inc added | 1,069,422 | $50M | 0.4% | 2026-Q2 |
| Garde Capital, Inc. added | 1,020,835 | $48M | 0.4% | 2026-Q2 |
| NorthRock Partners, LLC added | 970,465 | $45M | 0.4% | 2026-Q2 |
| Bell Bank added | 967,430 | $45M | 0.4% | 2026-Q2 |
| BANK OF HAWAII added | 936,753 | $44M | 0.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 914,540 | $43M | 0.3% | 2026-Q2 |
| Diversify Advisory Services, LLC added | 867,745 | $40M | 0.3% | 2026-Q2 |
| DIVERSIFY WEALTH MANAGEMENT, LLC trimmed | 867,745 | $40M | 0.3% | 2026-Q2 |
| SOFI WEALTH, LLC added | 867,101 | $41M | 0.3% | 2026-Q2 |
| Kestra Investment Management, LLC added | 859,919 | $40M | 0.3% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 840,336 | $39M | 0.3% | 2026-Q2 |
| MANNING & NAPIER ADVISORS LLC added | 836,947 | $39M | 0.3% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 822,300 | $38M | 0.3% | 2026-Q2 |
| 1832 Asset Management L.P. added | 821,240 | $38M | 0.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. trimmed | 816,589 | $38M | 0.3% | 2026-Q2 |
| Orion Porfolio Solutions, LLC added | 807,948 | $38M | 0.3% | 2026-Q2 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 760,848 | $36M | 0.3% | 2026-Q2 |
| Envestnet Portfolio Solutions, Inc. added | 742,284 | $35M | 0.3% | 2026-Q2 |
| Goodman Financial Corp added | 732,842 | $34M | 0.3% | 2026-Q2 |
| Evergreen Advisors, LLC added | 714,446 | $33M | 0.3% | 2026-Q2 |
| SYON CAPITAL LLC added | 698,411 | $33M | 0.3% | 2026-Q2 |
| First Financial Bankshares Inc trimmed | 697,422 | $33M | 0.3% | 2026-Q2 |
| BARTLETT & CO. WEALTH MANAGEMENT LLC added | 681,746 | $32M | 0.3% | 2026-Q2 |
| HBK Sorce Advisory LLC added | 669,524 | $31M | 0.2% | 2026-Q2 |
| POWER WEALTH MANAGEMENT LLC added | 658,862 | $31M | 0.2% | 2026-Q2 |
| Employees' Retirement Fund of the City of Fort Worth added | 652,168 | $31M | 0.2% | 2026-Q2 |
| COURIER CAPITAL LLC added | 615,210 | $29M | 0.2% | 2026-Q2 |
| Pathstone Holdings, LLC added | 562,991 | $26M | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 544,568 | $25M | 0.2% | 2026-Q2 |
| Acropolis Investment Management, LLC trimmed | 531,365 | $25M | 0.2% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC | 525,552 | $25M | 0.2% | 2026-Q2 |
| Savvy Advisors, Inc. added | 522,340 | $24M | 0.2% | 2026-Q2 |
| Baker Avenue Asset Management, LP trimmed | 501,186 | $23M | 0.2% | 2026-Q2 |
| SeaBridge Investment Advisors LLC added | 499,622 | $23M | 0.2% | 2026-Q2 |
| Triad Wealth Partners, LLC new | 499,229 | $23M | 0.2% | 2026-Q2 |
| Intelligence Driven Advisers, LLC added | 495,921 | $23M | 0.2% | 2026-Q2 |
| ST GERMAIN D J CO INC added | 494,591 | $23M | 0.2% | 2026-Q2 |
| Zurich Insurance Group Ltd/FI | 467,648 | $22M | 0.2% | 2026-Q2 |
| PROFFITT & GOODSON INC added | 465,598 | $22M | 0.2% | 2026-Q2 |
| CreativeOne Wealth, LLC added | 464,458 | $22M | 0.2% | 2026-Q2 |
| Hamilton Capital, LLC trimmed | 463,399 | $22M | 0.2% | 2026-Q2 |
| WOODARD & CO ASSET MANAGEMENT GROUP INC /ADV added | 436,568 | $20M | 0.2% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 422,983 | $20M | 0.2% | 2026-Q2 |
| Whitcomb & Hess, Inc. added | 420,735 | $20M | 0.2% | 2026-Q2 |
| Clark Asset Management, LLC added | 419,593 | $20M | 0.2% | 2026-Q2 |
| RKL Wealth Management LLC added | 412,846 | $19M | 0.2% | 2026-Q2 |
| Strategic Investment Advisors / MI added | 405,224 | $19M | 0.2% | 2026-Q2 |
| United Asset Strategies, Inc. trimmed | 402,952 | $19M | 0.1% | 2026-Q2 |
| Quantum Financial Advisors, LLC added | 401,594 | $19M | 0.1% | 2026-Q2 |
| Rialto Wealth Management, LLC trimmed | 396,019 | $19M | 0.1% | 2026-Q2 |
| MA Private Wealth added | 387,032 | $18M | 0.1% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. trimmed | 385,450 | $18M | 0.1% | 2026-Q2 |
| Connecticut Wealth Management, LLC added | 372,730 | $17M | 0.1% | 2026-Q2 |
| Onyx Bridge Wealth Group LLC added | 365,376 | $17M | 0.1% | 2026-Q2 |
| OLD NATIONAL BANCORP /IN/ added | 360,149 | $17M | 0.1% | 2026-Q2 |
| Robinswood Financial LLC added | 350,470 | $16M | 0.1% | 2026-Q2 |
| ZEVIN ASSET MANAGEMENT LLC trimmed | 349,217 | $16M | 0.1% | 2026-Q2 |
| Family CFO Inc added | 346,727 | $16M | 0.1% | 2026-Q2 |
| Windward Private Wealth Management Inc. added | 345,088 | $16M | 0.1% | 2026-Q2 |
| 1834 INVESTMENT ADVISORS CO added | 344,888 | $16M | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 339,899 | $16M | 0.1% | 2026-Q2 |
| MGO ONE SEVEN LLC added | 339,221 | $16M | 0.1% | 2026-Q2 |
| FEDERATED HERMES, INC. trimmed | 338,547 | $16M | 0.1% | 2026-Q2 |
| Allworth Financial LP trimmed | 337,411 | $16M | 0.1% | 2026-Q2 |
| STALEY CAPITAL ADVISERS INC added | 332,625 | $16M | 0.1% | 2026-Q2 |
| eCIO, Inc. added | 332,623 | $16M | 0.1% | 2026-Q2 |
| Strategic Blueprint, LLC added | 329,236 | $15M | 0.1% | 2026-Q2 |
| WEBSTERROGERS FINANCIAL ADVISORS, LLC added | 328,187 | $15M | 0.1% | 2026-Q2 |
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.