Who owns VANGUARD TOTAL STOCK MARKET INDEX FUND (VTI)
Which tracked institutional funds hold VTI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VTI company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 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
The tracked-fund tape on VTI is one-sided between 2026-Q1 and 2026-Q2: 1877 added or opened and 276 trimmed or exited — on balance accumulating.
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
VTI’s largest tracked holder by dollar value, Rakuten Investment Management, Inc., sizes it at 52.7% of its own reported 13F book, while the median holder sizes it at 2.1% of theirs — a 50.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in VTI 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 3577 tracked filers holding VTI, 1786 increased or opened the position and 1535 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 VTI 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 87
- State of New Jersey Common Pension Fund D$666M
- SWF LLC$70M
- Evanson Financial, LLC$61M
- J.W. COLE ADVISORS, INC.$53M
- Liberty Capital Management, Inc.$46M
- Global Retirement Partners, LLC$37M
Full exits 140
- Betterment LLC$7.9B
- WealthNavi Inc.$4.1B
- HighTower Advisors, LLC$718M
- Cambridge Investment Research Advisors, Inc.$684M
- Symetra Investment Management Co$396M
- CITADEL ADVISORS LLC$147M
Largest adds
- Vanguard Global Advisers, LLC$2.5B
- VANGUARD ADVISERS INC$1.7B
- Savant Capital, LLC$1.0B
- Wealthfront Advisers LLC$1.0B
- MORGAN STANLEY$904M
- BANK OF AMERICA CORP /DE/$797M
Largest trims
- Rakuten Investment Management, Inc.$12.8B
- EVOKE WEALTH, LLC$208M
- Allworth Financial LP$181M
- TWO SIGMA INVESTMENTS, LP$127M
- VestGen Advisors, LLC$108M
- MERCER GLOBAL ADVISORS INC /ADV$94M
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 |
|---|---|---|---|---|
| Rakuten Investment Management, Inc. trimmed | 49,708,819 | $18.2B | 13.5% | 2026-Q2 |
| Vanguard Global Advisers, LLC added | 38,839,412 | $14.4B | 10.6% | 2026-Q2 |
| VANGUARD ADVISERS INC added | 29,389,176 | $10.9B | 8.0% | 2026-Q2 |
| Wealthfront Advisers LLC added | 18,297,773 | $6.8B | 5.0% | 2026-Q2 |
| MORGAN STANLEY added | 14,876,622 | $5.5B | 4.1% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 14,540,049 | $5.4B | 4.0% | 2026-Q2 |
| LPL Financial LLC trimmed | 10,308,028 | $3.8B | 2.8% | 2026-Q2 |
| NORTHERN TRUST CORP trimmed | 9,674,144 | $3.6B | 2.6% | 2026-Q2 |
| HB Wealth Management, LLC added | 8,759,071 | $3.1B | 2.3% | 2026-Q2 |
| Allworth Financial LP trimmed | 6,883,739 | $2.5B | 1.9% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 6,136,001 | $2.3B | 1.7% | 2026-Q2 |
| Creative Planning trimmed | 6,075,603 | $2.2B | 1.7% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 5,635,464 | $2.1B | 1.5% | 2026-Q2 |
| Narodna banka Slovenska trimmed | 5,605,604 | $2.1B | 1.5% | 2026-Q2 |
| Ballentine Partners, LLC trimmed | 5,455,709 | $2.0B | 1.5% | 2026-Q2 |
| Savant Capital, LLC added | 5,369,114 | $1.9B | 1.4% | 2026-Q2 |
| Forvis Mazars Wealth Advisors, LLC added | 5,063,337 | $1.9B | 1.4% | 2026-Q2 |
| JPMORGAN CHASE & CO trimmed | 4,496,972 | $1.7B | 1.2% | 2026-Q2 |
| UBS Group AG added | 4,455,900 | $1.6B | 1.2% | 2026-Q2 |
| Sequoia Financial Advisors, LLC added | 3,831,169 | $1.4B | 1.0% | 2026-Q2 |
| NISSAY ASSET MANAGEMENT CORP /JAPAN | 3,663,005 | $1.4B | 1.0% | 2026-Q2 |
| Cetera Investment Advisers added | 3,511,558 | $1.3B | 1.0% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 3,108,544 | $1.2B | 0.8% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 2,959,929 | $1.1B | 0.8% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 2,954,760 | $1.1B | 0.8% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 2,839,392 | $1.1B | 0.8% | 2026-Q2 |
| Focus Partners Wealth trimmed | 2,708,987 | $1.0B | 0.7% | 2026-Q2 |
| National Mutual Insurance Federation of Agricultural Cooperatives | 2,686,800 | $994M | 0.7% | 2026-Q2 |
| SCS Capital Management LLC trimmed | 2,568,469 | $950M | 0.7% | 2026-Q2 |
| Facet Wealth, Inc. added | 2,446,454 | $905M | 0.7% | 2026-Q2 |
| Cerity Partners LLC added | 2,416,651 | $828M | 0.6% | 2026-Q2 |
| PNC Financial Services Group, Inc. trimmed | 2,316,100 | $857M | 0.6% | 2026-Q2 |
| BROWN ADVISORY INC trimmed | 2,157,852 | $798M | 0.6% | 2026-Q2 |
| SBI Okasan Asset Management Co.Ltd. trimmed | 2,123,450 | $780M | 0.6% | 2026-Q2 |
| US BANCORP \DE\ trimmed | 2,032,602 | $752M | 0.6% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 1,988,356 | $735M | 0.5% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 1,920,375 | $711M | 0.5% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 1,920,318 | $711M | 0.5% | 2026-Q2 |
| Mariner, LLC trimmed | 1,822,272 | $674M | 0.5% | 2026-Q2 |
| State of New Jersey Common Pension Fund D trimmed | 1,800,000 | $666M | 0.5% | 2026-Q2 |
| Bank of New York Mellon Corp added | 1,778,086 | $658M | 0.5% | 2026-Q2 |
| Summit Financial, LLC added | 1,752,517 | $649M | 0.5% | 2026-Q2 |
| RITHOLTZ WEALTH MANAGEMENT added | 1,689,593 | $625M | 0.5% | 2026-Q2 |
| CAMBRIDGE ASSOCIATES LLC /MA/ /ADV trimmed | 1,678,930 | $621M | 0.5% | 2026-Q2 |
| FMR LLC added | 1,601,947 | $593M | 0.4% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV trimmed | 1,539,100 | $570M | 0.4% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 1,527,733 | $565M | 0.4% | 2026-Q2 |
| State of Tennessee, Department of Treasury trimmed | 1,514,680 | $560M | 0.4% | 2026-Q2 |
| PATRIOT INVESTMENT MANAGEMENT GROUP, INC. added | 1,467,704 | $543M | 0.4% | 2026-Q2 |
| Foster Group, Inc. added | 1,414,063 | $523M | 0.4% | 2026-Q2 |
| Empower Advisory Group, LLC added | 1,378,311 | $510M | 0.4% | 2026-Q2 |
| Vanguard National Trust Co added | 1,352,828 | $501M | 0.4% | 2026-Q2 |
| ASSETMARK, INC added | 1,301,970 | $482M | 0.4% | 2026-Q2 |
| Wealthspire Advisors, LLC added | 1,299,198 | $481M | 0.4% | 2026-Q2 |
| Moss Adams Wealth Advisors LLC added | 1,297,507 | $480M | 0.4% | 2026-Q2 |
| Plancorp, LLC added | 1,194,717 | $442M | 0.3% | 2026-Q2 |
| BlackRock, Inc. added | 1,190,852 | $441M | 0.3% | 2026-Q2 |
| MAI Capital Management added | 1,183,594 | $438M | 0.3% | 2026-Q2 |
| Elm Partners Management LLC added | 1,166,423 | $432M | 0.3% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 1,155,248 | $427M | 0.3% | 2026-Q2 |
| Quantinno Capital Management LP added | 1,152,531 | $426M | 0.3% | 2026-Q2 |
| Rockefeller Capital Management L.P. added | 1,150,345 | $426M | 0.3% | 2026-Q2 |
| Truepoint, Inc. trimmed | 1,147,607 | $425M | 0.3% | 2026-Q2 |
| VISTA CAPITAL PARTNERS, INC. added | 1,140,030 | $422M | 0.3% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 1,116,824 | $405M | 0.3% | 2026-Q2 |
| West Virginia University Foundation, Inc added | 1,114,202 | $412M | 0.3% | 2026-Q2 |
| Sageworth Trust Co trimmed | 1,089,282 | $403M | 0.3% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC trimmed | 1,064,003 | $394M | 0.3% | 2026-Q2 |
| Norinchukin Bank, The added | 1,045,000 | $387M | 0.3% | 2026-Q2 |
| WEALTHCARE CAPITAL MANAGEMENT LLC trimmed | 1,036,575 | $384M | 0.3% | 2026-Q2 |
| IEQ CAPITAL, LLC trimmed | 1,033,118 | $382M | 0.3% | 2026-Q2 |
| Beacon Pointe Advisors, LLC trimmed | 989,592 | $366M | 0.3% | 2026-Q2 |
| Capstone Financial Advisors, Inc. added | 988,799 | $366M | 0.3% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 980,579 | $363M | 0.3% | 2026-Q2 |
| Baird Financial Group, Inc. added | 954,429 | $353M | 0.3% | 2026-Q2 |
| Pathstone Holdings, LLC added | 929,387 | $344M | 0.3% | 2026-Q2 |
| Cresset Asset Management, LLC added | 907,143 | $336M | 0.2% | 2026-Q2 |
| Caprock Group, LLC trimmed | 886,893 | $328M | 0.2% | 2026-Q2 |
| Gibson Capital, LLC trimmed | 844,461 | $312M | 0.2% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 821,182 | $304M | 0.2% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 820,003 | $303M | 0.2% | 2026-Q2 |
| LINCOLN NATIONAL CORP trimmed | 817,971 | $303M | 0.2% | 2026-Q2 |
| Vestmark Advisory Solutions, Inc. trimmed | 806,052 | $298M | 0.2% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 803,352 | $297M | 0.2% | 2026-Q2 |
| First Business Financial Services, Inc. trimmed | 794,853 | $294M | 0.2% | 2026-Q2 |
| Laird Norton Wetherby Trust Company, LLC trimmed | 785,489 | $291M | 0.2% | 2026-Q2 |
| Verus Financial Partners, Inc. added | 784,245 | $290M | 0.2% | 2026-Q2 |
| Hardy Reed LLC added | 782,023 | $289M | 0.2% | 2026-Q2 |
| Cabot-Wellington, LLC trimmed | 771,402 | $285M | 0.2% | 2026-Q2 |
| OXFORD FINANCIAL GROUP, LTD. LLC trimmed | 762,716 | $282M | 0.2% | 2026-Q2 |
| N.E.W. Advisory Services LLC trimmed | 758,657 | $281M | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 755,897 | $280M | 0.2% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 750,859 | $278M | 0.2% | 2026-Q2 |
| Apella Capital, LLC added | 743,141 | $275M | 0.2% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 727,165 | $258M | 0.2% | 2026-Q2 |
| Obermeyer Wealth Partners added | 723,980 | $268M | 0.2% | 2026-Q2 |
| REBALANCE, LLC trimmed | 703,210 | $260M | 0.2% | 2026-Q2 |
| Trilogy Capital Inc. added | 691,187 | $256M | 0.2% | 2026-Q2 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC trimmed | 685,831 | $254M | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO added | 681,516 | $252M | 0.2% | 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.