Who owns VNLA
Which tracked institutional funds hold VNLA, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VNLA company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 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
69 tracked funds added or opened VNLA while 43 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
VNLA’s largest tracked holder by dollar value, AE Wealth Management LLC, sizes it at 2.0% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 1.7pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in VNLA 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 225 tracked filers holding VNLA, 127 increased or opened the position and 119 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 VNLA 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 11
- Bluespring Wealth Management, LLC$64M
- Jupiter Topco LLC$7M
- CITADEL ADVISORS LLC$7M
- Hershey Financial Advisers, LLC$4M
- Spectrum Wealth Advisory Group, LLC$4M
- Global Retirement Partners, LLC$3M
Full exits 23
- TEXAS TREASURY SAFEKEEPING TRUST CO$34M
- CWM, LLC$33M
- Cambridge Investment Research Advisors, Inc.$28M
- JANUS HENDERSON GROUP PLC$14M
- Greenwich Wealth Management LLC$13M
- KMG FIDUCIARY PARTNERS, LLC$11M
Largest adds
- AE Wealth Management LLC$47M
- Kensington Asset Management, LLC$25M
- BANK OF AMERICA CORP /DE/$18M
- LPL Financial LLC$16M
- Stratos Wealth Partners, LTD.$9M
- STIFEL FINANCIAL CORP$9M
Largest trims
- Private Advisor Group, LLC$12M
- Richmond Investment Services, LLC$11M
- 49 WEALTH MANAGEMENT, LLC$8M
- Kestra Advisory Services, LLC$5M
- TOUNJIAN ADVISORY PARTNERS, LLC$4M
- COMMONWEALTH EQUITY SERVICES, LLC$4M
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 |
|---|---|---|---|---|
| AE Wealth Management LLC added | 8,870,794 | $433M | 17.9% | 2026-Q2 |
| MORGAN STANLEY added | 6,693,399 | $327M | 13.5% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 4,872,823 | $238M | 9.9% | 2026-Q2 |
| LPL Financial LLC added | 4,012,624 | $196M | 8.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 2,934,337 | $143M | 5.9% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 2,173,203 | $106M | 4.4% | 2026-Q2 |
| Kensington Asset Management, LLC added | 2,028,176 | $99M | 4.1% | 2026-Q2 |
| Geneos Wealth Management Inc. added | 1,352,974 | $66M | 2.7% | 2026-Q2 |
| Bluespring Wealth Management, LLC new | 1,317,087 | $64M | 2.7% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 1,163,049 | $57M | 2.4% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 694,400 | $34M | 1.4% | 2026-Q2 |
| Schneider Downs Wealth Management Advisors, LP added | 669,210 | $33M | 1.4% | 2026-Q2 |
| Ritter Daniher Financial Advisory LLC / DE added | 655,300 | $32M | 1.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 584,979 | $29M | 1.2% | 2026-Q2 |
| Sovereign Investment Advisors, LLC added | 545,365 | $27M | 1.1% | 2026-Q2 |
| COURIER CAPITAL LLC added | 449,357 | $22M | 0.9% | 2026-Q2 |
| GREAT VALLEY ADVISOR GROUP, INC. added | 432,861 | $21M | 0.9% | 2026-Q2 |
| Buck Wealth Strategies, LLC trimmed | 379,297 | $19M | 0.8% | 2026-Q2 |
| Financial Enhancement Group LLC added | 371,700 | $18M | 0.8% | 2026-Q2 |
| Trail Ridge Investment Advisors, LLC added | 352,633 | $17M | 0.7% | 2026-Q2 |
| Accel Wealth Management trimmed | 343,952 | $17M | 0.7% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 308,676 | $15M | 0.6% | 2026-Q2 |
| Sovran Advisors, LLC added | 305,170 | $15M | 0.6% | 2026-Q2 |
| TRUIST FINANCIAL CORP added | 302,199 | $15M | 0.6% | 2026-Q2 |
| Leelyn Smith, LLC added | 301,590 | $15M | 0.6% | 2026-Q2 |
| Dynamic Advisor Solutions LLC added | 295,642 | $14M | 0.6% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 293,830 | $14M | 0.6% | 2026-Q2 |
| Rise Advisors, LLC added | 278,720 | $14M | 0.6% | 2026-Q2 |
| Waverly Advisors, LLC added | 241,835 | $12M | 0.5% | 2026-Q2 |
| Richmond Investment Services, LLC trimmed | 233,710 | $11M | 0.5% | 2026-Q2 |
| Three Magnolias Financial Advisors, LLC added | 227,972 | $11M | 0.5% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 225,284 | $11M | 0.5% | 2026-Q2 |
| Burford Brothers, Inc. trimmed | 224,695 | $11M | 0.5% | 2026-Q2 |
| Vigilare Wealth Management added | 220,321 | $11M | 0.4% | 2026-Q2 |
| Coastal Bridge Advisors, LLC trimmed | 207,321 | $10M | 0.4% | 2026-Q2 |
| OneDigital Investment Advisors LLC added | 189,401 | $9M | 0.4% | 2026-Q2 |
| FORTEM FINANCIAL GROUP, LLC added | 163,614 | $8M | 0.3% | 2026-Q2 |
| Clear Trail Advisors, LLC added | 160,783 | $8M | 0.3% | 2026-Q2 |
| Cetera Investment Advisers trimmed | 142,323 | $7M | 0.3% | 2026-Q2 |
| Jupiter Topco LLC new | 140,853 | $7M | 0.3% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 134,997 | $7M | 0.3% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 129,096 | $6M | 0.3% | 2026-Q2 |
| Creative Planning added | 121,501 | $6M | 0.2% | 2026-Q2 |
| MOSAIC FAMILY WEALTH PARTNERS, LLC added | 117,609 | $6M | 0.2% | 2026-Q2 |
| First Financial Group Corp trimmed | 112,906 | $6M | 0.2% | 2026-Q2 |
| OLD MISSION CAPITAL LLC added | 112,149 | $5M | 0.2% | 2026-Q2 |
| Golden State Wealth Management, LLC added | 111,940 | $5M | 0.2% | 2026-Q2 |
| LifeWealth Investments, LLC trimmed | 99,359 | $5M | 0.2% | 2026-Q2 |
| PARTNERS WEALTH MANAGEMENT, LLC added | 96,144 | $5M | 0.2% | 2026-Q2 |
| Boomfish Wealth Group, LLC trimmed | 93,435 | $5M | 0.2% | 2026-Q2 |
| Bleakley Financial Group, LLC added | 90,623 | $4M | 0.2% | 2026-Q2 |
| Bedel Financial Consulting, Inc. added | 87,175 | $4M | 0.2% | 2026-Q2 |
| Hershey Financial Advisers, LLC added | 85,288 | $4M | 0.2% | 2026-Q2 |
| HOWLAND CAPITAL MANAGEMENT LLC trimmed | 85,218 | $4M | 0.2% | 2026-Q2 |
| Hidden Cove Wealth Management, LLC trimmed | 84,790 | $4M | 0.2% | 2026-Q2 |
| Cape Investment Advisory, Inc. added | 83,657 | $4M | 0.2% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 79,599 | $4M | 0.2% | 2026-Q2 |
| &PARTNERS added | 76,830 | $4M | 0.2% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 76,636 | $4M | 0.2% | 2026-Q2 |
| Pinnacle Financial Partners, Inc. trimmed | 74,386 | $4M | 0.2% | 2026-Q2 |
| Ameritas Advisory Services, LLC added | 74,010 | $4M | 0.1% | 2026-Q2 |
| Spectrum Wealth Advisory Group, LLC added | 72,445 | $4M | 0.1% | 2026-Q2 |
| Trust Co added | 72,009 | $4M | 0.1% | 2026-Q2 |
| Bensler, LLC trimmed | 70,663 | $3M | 0.1% | 2026-Q2 |
| Concurrent Investment Advisors, LLC added | 69,056 | $3M | 0.1% | 2026-Q2 |
| Elevated Capital Advisors, LLC trimmed | 67,641 | $3M | 0.1% | 2026-Q2 |
| Redwood Financial Network Corp trimmed | 66,278 | $3M | 0.1% | 2026-Q2 |
| Mariner, LLC trimmed | 66,184 | $3M | 0.1% | 2026-Q2 |
| PARSONS CAPITAL MANAGEMENT INC/RI added | 66,150 | $3M | 0.1% | 2026-Q2 |
| Caliber Wealth Management, LLC / KS added | 64,464 | $3M | 0.1% | 2026-Q2 |
| Bridgewealth Advisory Group, LLC added | 63,974 | $3M | 0.1% | 2026-Q2 |
| J.W. COLE ADVISORS, INC. added | 61,165 | $3M | 0.1% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 60,702 | $3M | 0.1% | 2026-Q2 |
| BLUE JEAN FINANCIAL LLC added | 59,184 | $3M | 0.1% | 2026-Q2 |
| Farther Finance Advisors, LLC added | 57,738 | $3M | 0.1% | 2026-Q2 |
| Cottage Street Advisors LLC added | 56,186 | $3M | 0.1% | 2026-Q2 |
| MATTERN CAPITAL MANAGEMENT, LLC trimmed | 55,881 | $3M | 0.1% | 2026-Q2 |
| ENDEAVOR PRIVATE WEALTH, INC. added | 55,509 | $3M | 0.1% | 2026-Q2 |
| Focus Financial Network, Inc. added | 54,278 | $3M | 0.1% | 2026-Q2 |
| Global Retirement Partners, LLC added | 54,063 | $3M | 0.1% | 2026-Q2 |
| Stablepoint Partners, LLC trimmed | 53,628 | $3M | 0.1% | 2026-Q2 |
| CLG LLC added | 53,253 | $3M | 0.1% | 2026-Q2 |
| Strategic Family Wealth Counselors, L.L.C. trimmed | 52,215 | $3M | 0.1% | 2026-Q2 |
| MCDONALD PARTNERS LLC added | 50,377 | $2M | 0.1% | 2026-Q2 |
| Unified Investment Management added | 48,989 | $2M | 0.1% | 2026-Q2 |
| Apollon Wealth Management, LLC trimmed | 48,322 | $2M | 0.1% | 2026-Q2 |
| VICUS CAPITAL added | 45,275 | $2M | 0.1% | 2026-Q2 |
| Ballew Advisors, Inc added | 45,160 | $2M | 0.1% | 2026-Q2 |
| MACROVIEW INVESTMENT MANAGEMENT LLC added | 42,550 | $2M | 0.1% | 2026-Q2 |
| Barnes Wealth Management Group, Inc added | 41,255 | $2M | 0.1% | 2026-Q2 |
| Parallel Advisors, LLC added | 40,592 | $2M | 0.1% | 2026-Q2 |
| Sowell Financial Services LLC trimmed | 40,534 | $2M | 0.1% | 2026-Q2 |
| FIFTH THIRD BANCORP trimmed | 40,273 | $2M | 0.1% | 2026-Q2 |
| Advisory Services Network, LLC trimmed | 40,242 | $2M | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 35,844 | $2M | 0.1% | 2026-Q2 |
| KESTRA PRIVATE WEALTH SERVICES, LLC added | 35,109 | $2M | 0.1% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 34,974 | $2M | 0.1% | 2026-Q2 |
| IAG Wealth Partners, LLC added | 34,251 | $2M | 0.1% | 2026-Q2 |
| Orion Porfolio Solutions, LLC added | 33,010 | $2M | 0.1% | 2026-Q2 |
| EverSource Wealth Advisors, LLC added | 32,626 | $2M | 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.