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Institutional Ownership · SEC Form 13F

Who owns VSS (VSS)


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

691
Institutional holders
38,335,205
Shares held (tracked funds)

How the tape is positioned

106 tracked funds added or opened VSS while 73 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

VSS’s largest tracked holder by dollar value, Empower Advisory Group, LLC, sizes it at 1.9% of its own reported 13F book, while the median holder sizes it at 0.2% 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 VSS 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 691 tracked filers holding VSS, 272 increased or opened the position and 293 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 VSS 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 19

  • BlueSky Wealth Advisors, LLC$15M
  • FLOW TRADERS U.S. LLC$9M
  • OLD MISSION CAPITAL LLC$8M
  • FERGUSON WELLMAN CAPITAL MANAGEMENT, INC$7M
  • Aletheian Wealth Advisors LLC$5M
  • DRW Securities, LLC$3M

Full exits 17

  • Strategic Financial Planning, Inc.$11M
  • CoreFirst Bank & Trust$3M
  • CIBC Private Wealth Group LLC$2M
  • Blue Barn Wealth, LLC$2M
  • SOL Capital Management CO$1M
  • Concurrent Investment Advisors, LLC$1M

Largest adds

  • JONES FINANCIAL COMPANIES LLLP$272M
  • Bank of New York Mellon Corp$117M
  • NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$53M
  • VICTORY CAPITAL MANAGEMENT INC$21M
  • Empower Advisory Group, LLC$20M
  • MORGAN STANLEY$18M

Largest trims

  • SUSQUEHANNA INTERNATIONAL GROUP, LLP$40M
  • JANE STREET GROUP, LLC$16M
  • STATE STREET CORP$16M
  • MANUFACTURERS LIFE INSURANCE COMPANY, THE$13M
  • Pacific Life Fund Advisors LLC$10M
  • MERCER GLOBAL ADVISORS INC /ADV$10M

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 added4,998,653$729M14.5%2026-Q1
JONES FINANCIAL COMPANIES LLLP added2,718,482$387M7.7%2026-Q1
Mason Investment Advisory Services, Inc. trimmed1,905,214$278M5.5%2026-Q1
NATIXIS ADVISORS, LLC trimmed1,815,974$265M5.3%2026-Q1
BESSEMER GROUP INC added1,698,248$248M4.9%2026-Q1
State of New Jersey Common Pension Fund D1,512,875$221M4.4%2026-Q1
1832 Asset Management L.P. trimmed1,467,778$214M4.3%2026-Q1
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed1,099,303$160M3.2%2026-Q1
Bank of New York Mellon Corp added813,491$119M2.4%2026-Q1
MORGAN STANLEY added765,596$112M2.2%2026-Q1
ASSETMARK, INC added742,771$108M2.2%2026-Q1
Creative Planning added735,168$107M2.1%2026-Q1
WIT, LLC658,548$96M1.9%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added619,635$90M1.8%2026-Q1
UBS Group AG added521,955$76M1.5%2026-Q1
LPL Financial LLC trimmed475,989$69M1.4%2026-Q1
Clark Capital Management Group, Inc. added458,577$67M1.3%2026-Q1
WELLS FARGO & COMPANY/MN added405,256$59M1.2%2026-Q1
Pathstone Holdings, LLC added349,644$51M1.0%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added334,623$49M1.0%2026-Q1
BANK OF AMERICA CORP /DE/ added319,984$47M0.9%2026-Q1
BANK OF MONTREAL /CAN/ trimmed313,974$46M0.9%2026-Q1
Advisory Alpha, LLC trimmed287,330$42M0.8%2026-Q1
Efficient Advisors, LLC trimmed287,104$42M0.8%2026-Q1
Corient Private Wealth LLC trimmed274,375$40M0.8%2026-Q1
STATE STREET CORP trimmed272,361$40M0.8%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed253,689$37M0.7%2026-Q1
MERCER GLOBAL ADVISORS INC /ADV trimmed253,524$37M0.7%2026-Q1
STIFEL FINANCIAL CORP trimmed221,200$32M0.6%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. trimmed218,510$32M0.6%2026-Q1
Cetera Investment Advisers trimmed208,276$30M0.6%2026-Q1
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management trimmed206,351$30M0.6%2026-Q1
Cerity Partners LLC added206,124$30M0.6%2026-Q1
Wedmont Private Capital trimmed180,872$28M0.6%2026-Q1
HighTower Advisors, LLC added186,312$27M0.5%2026-Q1
Apella Capital, LLC trimmed167,852$27M0.5%2026-Q1
JANE STREET GROUP, LLC trimmed181,224$26M0.5%2026-Q1
Galvin, Gaustad & Stein, LLC trimmed179,696$26M0.5%2026-Q1
ROYAL BANK OF CANADA added178,921$26M0.5%2026-Q1
Savant Capital, LLC trimmed175,578$26M0.5%2026-Q1
Vontobel Holding Ltd.160,000$23M0.5%2026-Q1
RAYMOND JAMES FINANCIAL INC added158,674$23M0.5%2026-Q1
GOLDMAN SACHS GROUP INC added144,798$21M0.4%2026-Q1
VICTORY CAPITAL MANAGEMENT INC added144,563$21M0.4%2026-Q1
MATHER GROUP, LLC. added136,332$20M0.4%2026-Q1
JPMORGAN CHASE & CO added137,691$19M0.4%2026-Q1
Portland Global Advisors LLC added123,899$18M0.4%2026-Q1
RWA WEALTH PARTNERS, LLC added119,598$17M0.3%2026-Q1
MilWealth Group LLC trimmed117,741$17M0.3%2026-Q1
MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed116,383$17M0.3%2026-Q1
Pacific Life Fund Advisors LLC trimmed109,193$16M0.3%2026-Q1
OSAIC HOLDINGS, INC. added107,069$16M0.3%2026-Q1
Partners in Financial Planning trimmed105,728$15M0.3%2026-Q1
CAUSEWAY CAPITAL MANAGEMENT LLC added103,581$15M0.3%2026-Q1
Redwood Investment Management, LLC trimmed101,322$15M0.3%2026-Q1
BlueSky Wealth Advisors, LLC trimmed100,324$15M0.3%2026-Q1
ASPIRIANT, LLC trimmed92,943$14M0.3%2026-Q1
AMERIPRISE FINANCIAL INC added92,420$13M0.3%2026-Q1
IMA Advisory Services, Inc. trimmed87,524$13M0.3%2026-Q1
N.E.W. Advisory Services LLC trimmed85,655$12M0.2%2026-Q1
Lido Advisors, LLC added83,641$12M0.2%2026-Q1
COLDSTREAM CAPITAL MANAGEMENT INC trimmed83,522$12M0.2%2026-Q1
Family CFO Inc trimmed82,905$12M0.2%2026-Q1
Modera Wealth Management, LLC trimmed80,766$12M0.2%2026-Q1
Columbus Macro, LLC added77,512$11M0.2%2026-Q1
Texas Yale Capital Corp. added75,834$11M0.2%2026-Q1
25 LLC trimmed75,262$11M0.2%2026-Q1
ATLAS CAPITAL ADVISORS INC. trimmed74,611$11M0.2%2026-Q1
Valmark Advisers, Inc. added73,365$11M0.2%2026-Q1
Beacon Pointe Advisors, LLC trimmed71,845$10M0.2%2026-Q1
PRESILIUM PRIVATE WEALTH, LLC added70,841$10M0.2%2026-Q1
IFG Advisors, LLC trimmed70,413$10M0.2%2026-Q1
Cambria Investment Management, L.P. added69,521$10M0.2%2026-Q1
Grove Street Fiduciary, LLC trimmed68,039$10M0.2%2026-Q1
Whitaker-Myers Wealth Managers, LTD. added68,016$10M0.2%2026-Q1
Beaird Harris Wealth Management, LLC trimmed67,810$10M0.2%2026-Q1
Johnson Financial Group, LLC trimmed67,703$10M0.2%2026-Q1
Newton One Investments LLC added67,197$10M0.2%2026-Q1
PEAPACK GLADSTONE FINANCIAL CORP trimmed66,342$10M0.2%2026-Q1
RTD Financial Advisors, Inc. trimmed65,399$10M0.2%2026-Q1
FLOW TRADERS U.S. LLC trimmed65,035$9M0.2%2026-Q1
Kingsview Wealth Management, LLC added63,595$9M0.2%2026-Q1
MAI Capital Management trimmed63,006$9M0.2%2026-Q1
Maltin Wealth Management, Inc. added62,922$9M0.2%2026-Q1
Checchi Capital Advisers, LLC trimmed62,813$9M0.2%2026-Q1
Baird Financial Group, Inc. added62,476$9M0.2%2026-Q1
CUTLER INVESTMENT COUNSEL LLC added62,165$9M0.2%2026-Q1
Brooklyn FI, LLC trimmed61,141$9M0.2%2026-Q1
Mariner, LLC added60,996$9M0.2%2026-Q1
Rockefeller Capital Management L.P. added60,057$9M0.2%2026-Q1
SUSQUEHANNA INTERNATIONAL GROUP, LLP trimmed58,557$9M0.2%2026-Q1
Twelve Points Wealth Management LLC added58,151$8M0.2%2026-Q1
Full Sail Capital, LLC trimmed301,868$43M0.9%2025-Q3 stale
PrairieView Partners, LLC trimmed253,342$34M0.7%2025-Q2 stale
LINCOLN NATIONAL CORP added294,135$34M0.7%2025-Q1 stale
NISA INVESTMENT ADVISORS, LLC trimmed210,000$24M0.5%2025-Q1 stale
BNP PARIBAS FINANCIAL MARKETS trimmed132,000$18M0.4%2025-Q2 stale
First Horizon Advisors, Inc. added130,272$18M0.3%2025-Q2 stale
CITADEL ADVISORS LLC added79,517$11M0.2%2025-Q3 stale
Strategic Financial Planning, Inc. added78,498$11M0.2%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