Who owns VTEB
Which tracked institutional funds hold VTEB, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VTEB company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 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
341 tracked funds added or opened VTEB while 192 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
VTEB’s largest tracked holder by dollar value, JPMORGAN CHASE & CO, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.8% of theirs — a 0.6pp gap the other way — the median holder sizes VTEB more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in VTEB 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 1336 tracked filers holding VTEB, 769 increased or opened the position and 476 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 VTEB 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 58
- TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC$634M
- VANGUARD ADVISERS INC$192M
- Alvarez & Marsal Private Wealth Partners, LLC$71M
- TIAA Wealth Investment Management LLC$64M
- NICOLET BANKSHARES INC$40M
- AMERICAN CENTURY COMPANIES INC$20M
Full exits 40
- VANGUARD GROUP INC$179M
- NICOLET ADVISORY SERVICES, LLC$35M
- BIP Wealth, LLC$32M
- COMERICA BANK$17M
- Yeomans Consulting Group, Inc.$16M
- Divergent Planning, LLC$15M
Largest adds
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$1.9B
- MORGAN STANLEY$127M
- Creative Planning$115M
- JONES FINANCIAL COMPANIES LLLP$92M
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$82M
- Composition Wealth, LLC$60M
Largest trims
- JPMORGAN CHASE & CO$3.0B
- TIAA TRUST, NATIONAL ASSOCIATION$676M
- JANE STREET GROUP, LLC$81M
- BlackRock, Inc.$76M
- NORTHERN TRUST CORP$44M
- Envestnet Portfolio Solutions, Inc.$30M
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 |
|---|---|---|---|---|
| JPMORGAN CHASE & CO trimmed | 44,720,653 | $2.2B | 9.1% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 38,571,552 | $1.9B | 7.8% | 2026-Q1 |
| MORGAN STANLEY added | 27,925,540 | $1.4B | 5.7% | 2026-Q1 |
| Creative Planning added | 27,532,088 | $1.4B | 5.6% | 2026-Q1 |
| Wealthfront Advisers LLC added | 24,913,759 | $1.2B | 5.1% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 24,824,614 | $1.2B | 5.0% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 24,433,775 | $1.2B | 5.0% | 2026-Q1 |
| FMR LLC trimmed | 20,319,509 | $1.0B | 4.1% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 14,599,761 | $728M | 3.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 14,373,737 | $717M | 2.9% | 2026-Q1 |
| SEI INVESTMENTS CO added | 14,164,689 | $707M | 2.9% | 2026-Q1 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC new | 12,706,867 | $634M | 2.6% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 12,650,375 | $631M | 2.6% | 2026-Q1 |
| MERCER GLOBAL ADVISORS INC /ADV added | 10,832,376 | $540M | 2.2% | 2026-Q1 |
| LPL Financial LLC added | 9,638,050 | $481M | 2.0% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 8,880,433 | $441M | 1.8% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 7,223,222 | $360M | 1.5% | 2026-Q1 |
| Betterment LLC added | 6,930,029 | $346M | 1.4% | 2026-Q1 |
| CLIFTONLARSONALLEN WEALTH ADVISORS, LLC added | 6,316,714 | $315M | 1.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 5,402,498 | $270M | 1.1% | 2026-Q1 |
| Corient Private Wealth LLC added | 4,482,589 | $220M | 0.9% | 2026-Q1 |
| Cerity Partners LLC added | 4,401,851 | $220M | 0.9% | 2026-Q1 |
| UBS Group AG added | 4,345,653 | $217M | 0.9% | 2026-Q1 |
| Mariner, LLC added | 4,267,150 | $213M | 0.9% | 2026-Q1 |
| RWA WEALTH PARTNERS, LLC added | 4,250,870 | $212M | 0.9% | 2026-Q1 |
| ASPIRIANT, LLC trimmed | 4,233,953 | $211M | 0.9% | 2026-Q1 |
| VANGUARD ADVISERS INC new | 3,852,209 | $192M | 0.8% | 2026-Q1 |
| US BANCORP \DE\ trimmed | 3,492,612 | $174M | 0.7% | 2026-Q1 |
| Orgel Wealth Management, LLC trimmed | 3,465,055 | $173M | 0.7% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 3,311,160 | $165M | 0.7% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 3,198,132 | $160M | 0.7% | 2026-Q1 |
| Facet Wealth, Inc. added | 2,638,988 | $132M | 0.5% | 2026-Q1 |
| HighTower Advisors, LLC added | 2,622,261 | $131M | 0.5% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 2,462,866 | $123M | 0.5% | 2026-Q1 |
| Members Trust Co added | 2,453,861 | $122M | 0.5% | 2026-Q1 |
| Pathstone Holdings, LLC added | 2,367,474 | $118M | 0.5% | 2026-Q1 |
| OneDigital Investment Advisors LLC added | 2,153,555 | $107M | 0.4% | 2026-Q1 |
| SCS Capital Management LLC trimmed | 1,930,365 | $96M | 0.4% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC trimmed | 1,896,133 | $95M | 0.4% | 2026-Q1 |
| Sequoia Financial Advisors, LLC added | 1,846,369 | $92M | 0.4% | 2026-Q1 |
| Bank of New York Mellon Corp added | 1,804,894 | $90M | 0.4% | 2026-Q1 |
| Baird Financial Group, Inc. trimmed | 1,707,796 | $85M | 0.3% | 2026-Q1 |
| Savant Capital, LLC added | 1,615,681 | $81M | 0.3% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 1,608,506 | $80M | 0.3% | 2026-Q1 |
| Wedmont Private Capital added | 1,587,787 | $80M | 0.3% | 2026-Q1 |
| Lutz Financial Services LLC added | 1,569,663 | $78M | 0.3% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 1,555,177 | $78M | 0.3% | 2026-Q1 |
| GeoWealth Management, LLC added | 1,547,081 | $77M | 0.3% | 2026-Q1 |
| Alvarez & Marsal Private Wealth Partners, LLC new | 1,428,518 | $71M | 0.3% | 2026-Q1 |
| Composition Wealth, LLC added | 1,365,610 | $68M | 0.3% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 1,361,467 | $68M | 0.3% | 2026-Q1 |
| Forum Financial Management, LP added | 1,319,857 | $66M | 0.3% | 2026-Q1 |
| Bleakley Financial Group, LLC added | 1,314,757 | $66M | 0.3% | 2026-Q1 |
| EP Wealth Advisors, LLC added | 1,299,844 | $65M | 0.3% | 2026-Q1 |
| TIAA Wealth Investment Management LLC new | 1,277,072 | $64M | 0.3% | 2026-Q1 |
| Integrated Wealth Concepts LLC added | 1,273,664 | $64M | 0.3% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 1,291,956 | $63M | 0.3% | 2026-Q1 |
| BAKER BOYER NATIONAL BANK added | 1,172,202 | $58M | 0.2% | 2026-Q1 |
| Cetera Investment Advisers added | 1,151,605 | $57M | 0.2% | 2026-Q1 |
| Topsail Wealth Management, LLC trimmed | 1,100,757 | $55M | 0.2% | 2026-Q1 |
| Focus Partners Wealth added | 1,099,104 | $55M | 0.2% | 2026-Q1 |
| Kestra Investment Management, LLC added | 1,098,741 | $55M | 0.2% | 2026-Q1 |
| West Financial Advisors, LLC added | 1,094,845 | $55M | 0.2% | 2026-Q1 |
| GenTrust, LLC added | 1,045,621 | $52M | 0.2% | 2026-Q1 |
| MATHER GROUP, LLC. added | 992,577 | $50M | 0.2% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 989,502 | $49M | 0.2% | 2026-Q1 |
| THOMPSON SIEGEL & WALMSLEY LLC added | 973,264 | $49M | 0.2% | 2026-Q1 |
| Ackerman Capital Advisors, LLC trimmed | 957,011 | $48M | 0.2% | 2026-Q1 |
| Texas Capital Bank Wealth Management Services Inc trimmed | 913,240 | $46M | 0.2% | 2026-Q1 |
| Sunflower Bank, N.A. added | 896,240 | $45M | 0.2% | 2026-Q1 |
| Beaird Harris Wealth Management, LLC trimmed | 894,199 | $45M | 0.2% | 2026-Q1 |
| Foster Group, Inc. trimmed | 885,687 | $44M | 0.2% | 2026-Q1 |
| Allworth Financial LP added | 869,401 | $43M | 0.2% | 2026-Q1 |
| Heritage Investment Group, Inc. added | 868,264 | $43M | 0.2% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 866,033 | $43M | 0.2% | 2026-Q1 |
| One Capital Management, LLC added | 845,847 | $42M | 0.2% | 2026-Q1 |
| Financial Engines Advisors L.L.C. trimmed | 842,572 | $42M | 0.2% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 824,157 | $41M | 0.2% | 2026-Q1 |
| JFS WEALTH ADVISORS, LLC added | 811,204 | $40M | 0.2% | 2026-Q1 |
| NICOLET BANKSHARES INC new | 801,648 | $40M | 0.2% | 2026-Q1 |
| M&T Bank Corp trimmed | 796,708 | $40M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 777,821 | $39M | 0.2% | 2026-Q1 |
| Global Strategic Investment Solutions, LLC added | 770,917 | $38M | 0.2% | 2026-Q1 |
| Fort Point Capital Partners LLC trimmed | 751,234 | $37M | 0.2% | 2026-Q1 |
| EVERGREEN CAPITAL MANAGEMENT LLC trimmed | 745,522 | $37M | 0.2% | 2026-Q1 |
| OLD NATIONAL BANCORP /IN/ added | 733,944 | $37M | 0.1% | 2026-Q1 |
| Lexington Hill Partners, LLC added | 721,059 | $36M | 0.1% | 2026-Q1 |
| MBB PUBLIC MARKETS I LLC added | 718,533 | $36M | 0.1% | 2026-Q1 |
| Crestwood Advisors Group, LLC trimmed | 715,114 | $36M | 0.1% | 2026-Q1 |
| Waldron Private Wealth LLC trimmed | 707,563 | $35M | 0.1% | 2026-Q1 |
| Avidian Wealth Enterprises, LLC added | 705,710 | $35M | 0.1% | 2026-Q1 |
| Bedel Financial Consulting, Inc. added | 703,776 | $35M | 0.1% | 2026-Q1 |
| Jordan Park Group LLC added | 703,253 | $35M | 0.1% | 2026-Q1 |
| Resonant Capital Advisors, LLC added | 702,048 | $35M | 0.1% | 2026-Q1 |
| Gleason Group, Inc. added | 695,356 | $35M | 0.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP new | 6,943,100 | $348M | 1.4% | 2025-Q3 stale |
| VANGUARD GROUP INC trimmed | 3,552,441 | $179M | 0.7% | 2025-Q4 stale |
| Full Sail Capital, LLC added | 1,438,751 | $72M | 0.3% | 2025-Q3 stale |
| Garde Capital, Inc. trimmed | 853,000 | $43M | 0.2% | 2025-Q3 stale |
| NICOLET ADVISORY SERVICES, LLC added | 695,282 | $35M | 0.1% | 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.
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.