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Institutional Ownership · SEC Form 13F

Who owns VNQI (VNQI)


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

373
Institutional holders
40,458,811
Shares held (tracked funds)

How the tape is positioned

41 tracked funds added or opened VNQI while 51 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

VNQI’s largest tracked holder by dollar value, Empower Advisory Group, LLC, sizes it at 1.7% of its own reported 13F book, while the median holder sizes it at 0.3% of theirs — a 1.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in VNQI 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 373 tracked filers holding VNQI, 170 increased or opened the position and 152 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 VNQI 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 14

  • FLOW TRADERS U.S. LLC$11M
  • CITADEL ADVISORS LLC$9M
  • Heartland Bank & Trust Co$4M
  • Focus Partners Advisor Solutions, LLC$3M
  • Aletheian Wealth Advisors LLC$3M
  • SENTINEL TRUST CO LBA$2M

Full exits 12

  • Strategic Financial Planning, Inc.$5M
  • MARYLAND CAPITAL ADVISORS INC.$3M
  • NewEdge Advisors, LLC$2M
  • OLD MISSION CAPITAL LLC$2M
  • VANGUARD GROUP INC$1M
  • HANCOCK WHITNEY CORP$1M

Largest adds

  • ENVESTNET ASSET MANAGEMENT INC$29M
  • RAYMOND JAMES FINANCIAL INC$23M
  • UBS Group AG$8M
  • Chandler Asset Management, Inc.$6M
  • Equitable Holdings, Inc.$3M
  • Farther Finance Advisors, LLC$2M

Largest trims

  • ASSETMARK, INC$49M
  • JANE STREET GROUP, LLC$38M
  • CHARLES SCHWAB INVESTMENT MANAGEMENT INC$14M
  • M&T Bank Corp$9M
  • GOLDMAN SACHS GROUP INC$9M
  • UNITED CAPITAL FINANCIAL ADVISORS, LLC$9M

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
Empower Advisory Group, LLC added14,572,465$648M36.5%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed5,057,938$225M12.7%2026-Q1
Ballentine Partners, LLC added1,580,995$70M4.0%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added869,931$39M2.2%2026-Q1
MORGAN STANLEY trimmed792,533$35M2.0%2026-Q1
ASSETMARK, INC trimmed773,018$34M1.9%2026-Q1
Creative Planning added765,761$34M1.9%2026-Q1
UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed752,462$33M1.9%2026-Q1
BANK OF AMERICA CORP /DE/ added736,479$33M1.8%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed612,612$27M1.5%2026-Q1
Corient Private Wealth LLC trimmed613,384$27M1.5%2026-Q1
RAYMOND JAMES FINANCIAL INC added601,330$27M1.5%2026-Q1
MOLLER WEALTH PARTNERS added482,983$21M1.2%2026-Q1
M&T Bank Corp trimmed455,647$20M1.1%2026-Q1
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management added453,233$20M1.1%2026-Q1
CHILTON CAPITAL MANAGEMENT LLC added432,930$19M1.1%2026-Q1
Chandler Asset Management, Inc. added425,055$19M1.1%2026-Q1
Betterment LLC trimmed258,210$11M0.6%2026-Q1
FLOW TRADERS U.S. LLC added252,806$11M0.6%2026-Q1
JANE STREET GROUP, LLC trimmed246,755$11M0.6%2026-Q1
Payne Capital Management, LLC added227,400$10M0.6%2026-Q1
Equitable Holdings, Inc. added169,908$10M0.6%2026-Q1
UBS Group AG added224,661$10M0.6%2026-Q1
Rockwood Wealth Management, LLC trimmed220,535$10M0.6%2026-Q1
JMG Financial Group, Ltd. added209,001$9M0.5%2026-Q1
Cypress Point Wealth Management, LLC added204,728$9M0.5%2026-Q1
EXENCIAL WEALTH ADVISORS, LLC added193,570$9M0.5%2026-Q1
CITADEL ADVISORS LLC added191,642$9M0.5%2026-Q1
GOLDMAN SACHS GROUP INC trimmed188,944$8M0.5%2026-Q1
LPL Financial LLC trimmed174,157$8M0.4%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed165,618$7M0.4%2026-Q1
COUNTRY TRUST BANK added160,628$7M0.4%2026-Q1
Mason Investment Advisory Services, Inc. trimmed160,127$7M0.4%2026-Q1
FAIRVIEW CAPITAL INVESTMENT MANAGEMENT, LLC added153,838$7M0.4%2026-Q1
US BANCORP \DE\ added145,258$6M0.4%2026-Q1
JPMORGAN CHASE & CO trimmed148,310$6M0.4%2026-Q1
CWM, LLC added143,800$6M0.4%2026-Q1
Marathon Strategic Advisors, LLC added129,332$6M0.3%2026-Q1
Asset Management One Co., Ltd. added126,340$6M0.3%2026-Q1
Bank of New York Mellon Corp added126,240$6M0.3%2026-Q1
WELLS FARGO & COMPANY/MN trimmed126,239$6M0.3%2026-Q1
Avior Wealth Management, LLC added123,963$6M0.3%2026-Q1
ROYAL BANK OF CANADA added118,868$5M0.3%2026-Q1
Traveka Wealth, LLC trimmed118,207$5M0.3%2026-Q1
Cetera Investment Advisers trimmed115,993$5M0.3%2026-Q1
Warren Street Wealth Advisors, LLC added115,371$5M0.3%2026-Q1
Amicus Financial Advisors, LLC trimmed110,680$5M0.3%2026-Q1
Focus Partners Wealth added110,515$5M0.3%2026-Q1
Financial Alternatives, Inc added104,431$5M0.3%2026-Q1
Marotta Asset Management added103,212$5M0.3%2026-Q1
Upper Left Wealth Management, LLC trimmed103,030$5M0.3%2026-Q1
ARVEST INVESTMENTS, INC. added101,701$5M0.3%2026-Q1
Heartland Bank & Trust Co new97,349$4M0.2%2026-Q1
VISTA CAPITAL PARTNERS, INC. trimmed95,253$4M0.2%2026-Q1
OSAIC HOLDINGS, INC. added90,183$4M0.2%2026-Q1
Comprehensive Money Management Services LLC added84,789$4M0.2%2026-Q1
BluePrint Investing LLC trimmed84,033$4M0.2%2026-Q1
Gradient Capital Advisors, LLC added82,029$4M0.2%2026-Q1
LPWM LLC trimmed80,514$4M0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed78,533$3M0.2%2026-Q1
Prime Capital Investment Advisors, LLC trimmed78,431$3M0.2%2026-Q1
AWM CAPITAL, LLC trimmed77,462$3M0.2%2026-Q1
Farther Finance Advisors, LLC added76,447$3M0.2%2026-Q1
Old Port Advisors added73,779$3M0.2%2026-Q1
LifePlan Investment Advisors, Inc. added71,256$3M0.2%2026-Q1
Prairiewood Capital, LLC added70,861$3M0.2%2026-Q1
MISSION WEALTH MANAGEMENT, LP added70,386$3M0.2%2026-Q1
Obsido Oy added69,011$3M0.2%2026-Q1
Dunhill Financial, LLC added67,130$3M0.2%2026-Q1
Focus Partners Advisor Solutions, LLC trimmed66,977$3M0.2%2026-Q1
Strategic Wealth Advisors LLC added66,518$3M0.2%2026-Q1
Factor Wealth Management LTD added65,155$3M0.2%2026-Q1
Disciplined Investments, LLC added62,413$3M0.2%2026-Q1
Mariner, LLC added61,018$3M0.2%2026-Q1
Aletheian Wealth Advisors LLC trimmed60,252$3M0.2%2026-Q1
Transamerica Financial Advisors, LLC trimmed58,376$3M0.1%2026-Q1
Hamrick Investment Counsel, llc added55,865$2M0.1%2026-Q1
Bear Mountain Capital, Inc. added51,079$2M0.1%2026-Q1
Walkner Condon Financial Advisors LLC added53,793$2M0.1%2026-Q1
Qube Research & Technologies Ltd trimmed52,980$2M0.1%2026-Q1
SENTINEL TRUST CO LBA trimmed52,713$2M0.1%2026-Q1
Sumitomo Mitsui DS Asset Management Company, Ltd trimmed50,192$2M0.1%2026-Q1
DEUTSCHE BANK AG\ added50,000$2M0.1%2026-Q1
Federation des caisses Desjardins du Quebec added49,968$2M0.1%2026-Q1
Prosperity Planning, Inc. added48,024$2M0.1%2026-Q1
Greenspring Advisors, LLC added45,193$2M0.1%2026-Q1
GUGGENHEIM CAPITAL LLC trimmed44,381$2M0.1%2026-Q1
Envestnet Portfolio Solutions, Inc. trimmed44,054$2M0.1%2026-Q1
Eagle Bay Advisors LLC added41,799$2M0.1%2026-Q1
FIRST CITIZENS BANK & TRUST CO added41,146$2M0.1%2026-Q1
Haven Private, LLC added40,546$2M0.1%2026-Q1
LINCOLN NATIONAL CORP added680,844$28M1.6%2025-Q1 stale
CSM Advisors, LLC357,400$17M1.0%2025-Q3 stale
Forefront Wealth Partners, LLC new196,638$9M0.5%2025-Q3 stale
RWA WEALTH PARTNERS, LLC added138,650$7M0.4%2025-Q3 stale
Strategic Financial Planning, Inc. added117,551$5M0.3%2025-Q4 stale
TOWNSQUARE CAPITAL LLC added97,715$4M0.2%2025-Q1 stale
Q3 Asset Management new77,137$4M0.2%2025-Q2 stale
MARYLAND CAPITAL ADVISORS INC. trimmed72,782$3M0.2%2025-Q4 stale
NewEdge Advisors, LLC added54,342$2M0.1%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