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Institutional Ownership · SEC Form 13F

Who owns VTMX


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

Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-19). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

63
Institutional holders
6M
Shares held (tracked funds)

How the tape is positioned

7 tracked funds added or opened VTMX while 9 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

VTMX’s largest tracked holder by dollar value, THORNBURG INVESTMENT MANAGEMENT INC, sizes it at 0.6% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.6pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in VTMX 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 63 tracked filers holding VTMX, 30 increased or opened the position and 35 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 VTMX 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 1

  • Militia Capital Management LLC$1M

Full exits 5

  • Carmignac Gestion$24M
  • MILLENNIUM MANAGEMENT LLC$1M
  • ABS Direct Equity Fund LLC$1M
  • Militia Capital Partners, LP$845K
  • Nuveen, LLC$622K

Largest adds

  • LAZARD ASSET MANAGEMENT LLC$3M
  • WELLINGTON MANAGEMENT GROUP LLP$2M
  • FMR LLC$2M
  • CENTERSQUARE INVESTMENT MANAGEMENT LLC$1M
  • BlackRock, Inc.$448K
  • BRANDES INVESTMENT PARTNERS, LP$325K

Largest trims

  • ABC ARBITRAGE SA$4M
  • BANK OF AMERICA CORP /DE/$1M
  • MORGAN STANLEY$1M
  • Grandeur Peak Global Advisors, LLC$712K

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
WELLINGTON MANAGEMENT GROUP LLP trimmed1,820,351$61M18.6%2026-Q1
FMR LLC trimmed1,537,959$51M15.7%2026-Q1
LAZARD ASSET MANAGEMENT LLC added362,154$12M3.7%2026-Q1
CENTERSQUARE INVESTMENT MANAGEMENT LLC added338,060$11M3.5%2026-Q1
BANK OF AMERICA CORP /DE/ trimmed218,183$7M2.2%2026-Q1
Itau Unibanco Holding S.A.190,366$6M1.8%2026-Q1
Grandeur Peak Global Advisors, LLC trimmed171,762$6M1.8%2026-Q1
BlackRock, Inc.157,262$5M1.6%2026-Q1
UBS Group AG trimmed80,962$3M0.8%2026-Q1
SAMLYN CAPITAL, LLC added77,130$3M0.8%2026-Q1
MARSHALL WACE, LLP trimmed73,151$2M0.7%2026-Q1
M&T Bank Corp trimmed69,572$2M0.7%2026-Q1
MORGAN STANLEY trimmed66,878$2M0.7%2026-Q1
Capital International Investors trimmed62,550$2M0.6%2026-Q1
BRANDES INVESTMENT PARTNERS, LP added52,724$2M0.5%2026-Q1
Mariner, LLC added38,283$1M0.4%2026-Q1
Militia Capital Management LLC new33,800$1M0.3%2026-Q1
ROYAL BANK OF CANADA trimmed29,506$984K0.3%2026-Q1
Orion Porfolio Solutions, LLC added26,930$898K0.3%2026-Q1
ABC ARBITRAGE SA trimmed26,559$885K0.3%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed19,892$663K0.2%2026-Q1
NEUBERGER BERMAN GROUP LLC trimmed19,727$655K0.2%2026-Q1
GOLDMAN SACHS GROUP INC trimmed14,271$476K0.1%2026-Q1
SEI INVESTMENTS CO trimmed13,423$448K0.1%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added12,076$403K0.1%2026-Q1
QRG CAPITAL MANAGEMENT, INC. new10,944$365K0.1%2026-Q1
Vanguard Personalized Indexing Management, LLC trimmed10,503$350K0.1%2026-Q1
Acuitas Investments, LLC trimmed8,900$297K0.1%2026-Q1
XTX Topco Ltd new8,144$272K0.1%2026-Q1
CITADEL ADVISORS LLC trimmed7,820$261K0.1%2026-Q1
Virtu Financial LLC trimmed7,271$242K0.1%2026-Q1
Jump Financial, LLC added6,826$228K0.1%2026-Q1
R Squared Ltd added6,230$208K0.1%2026-Q1
Savant Capital, LLC trimmed6,194$207K0.1%2026-Q1
Brookwood Investment Group LLC new6,112$204K0.1%2026-Q1
DIMENSIONAL FUND ADVISORS LP trimmed6,052$202K0.1%2026-Q1
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main added4,415$147K0.0%2026-Q1
Blue Trust, Inc. added4,387$146K0.0%2026-Q1
CITIGROUP INC trimmed3,924$131K0.0%2026-Q1
JTC Employer Solutions Trustee Ltd2,184$73K0.0%2026-Q1
Rockefeller Capital Management L.P. trimmed1,763$59K0.0%2026-Q1
RHUMBLINE ADVISERS added1,288$43K0.0%2026-Q1
OSAIC HOLDINGS, INC. added1,217$41K0.0%2026-Q1
JONES FINANCIAL COMPANIES LLLP added845$28K0.0%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added815$27K0.0%2026-Q1
Smartleaf Asset Management LLC added503$17K0.0%2026-Q1
GAMMA Investing LLC trimmed480$16K0.0%2026-Q1
Park Place Capital Corp468$16K0.0%2026-Q1
WealthCollab, LLC390$13K0.0%2026-Q1
Farther Finance Advisors, LLC trimmed339$12K0.0%2026-Q1
Larson Financial Group LLC added341$11K0.0%2026-Q1
Advisory Services Network, LLC new190$6K0.0%2026-Q1
EverSource Wealth Advisors, LLC trimmed44$3K0.0%2026-Q1
JPMORGAN CHASE & CO added85$3K0.0%2026-Q1
JFS WEALTH ADVISORS, LLC84$3K0.0%2026-Q1
Pinnacle Wealth Planning Services, Inc.57$2K0.0%2026-Q1
NBC SECURITIES, INC.34$1K0.0%2026-Q1
Bell Investment Advisors, Inc new15$5010.0%2026-Q1
MAI Capital Management8$2670.0%2026-Q1
Stone House Investment Management, LLC trimmed8$2670.0%2026-Q1
IMA Advisory Services, Inc. trimmed3$1000.0%2026-Q1
THORNBURG INVESTMENT MANAGEMENT INC added267,382$61M18.7%2025-Q1 stale
Carmignac Gestion added796,215$24M7.4%2025-Q4 stale
Long Pond Capital, LP trimmed949,940$22M6.6%2025-Q1 stale
MACQUARIE GROUP LTD trimmed313,686$9M2.7%2025-Q3 stale
SPX Gestao de Recursos Ltda added253,726$6M1.8%2025-Q1 stale
CANADA PENSION PLAN INVESTMENT BOARD new120,300$3M1.0%2025-Q2 stale
Capital International, Inc./CA/ trimmed120,678$3M0.8%2025-Q1 stale
CAPITAL INTERNATIONAL SARL trimmed66,097$2M0.5%2025-Q1 stale
NATIONAL BANK OF CANADA /FI/ added50,000$1M0.4%2025-Q2 stale
Anson Funds Management LP trimmed54,826$1M0.4%2025-Q1 stale
MILLENNIUM MANAGEMENT LLC added40,625$1M0.4%2025-Q4 stale
ABS Direct Equity Fund LLC trimmed36,800$1M0.3%2025-Q4 stale
Militia Capital Partners, LP added27,700$845K0.3%2025-Q4 stale
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND trimmed22,272$630K0.2%2025-Q3 stale
Nuveen, LLC trimmed20,391$622K0.2%2025-Q4 stale
THIRD AVENUE MANAGEMENT LLC25,000$570K0.2%2025-Q1 stale
Orion Portfolio Solutions, LLC added17,084$390K0.1%2025-Q1 stale
TT Capital Management LLC trimmed13,490$382K0.1%2025-Q3 stale
Bleakley Financial Group, LLC added13,165$372K0.1%2025-Q3 stale
Verition Fund Management LLC added12,024$367K0.1%2025-Q4 stale
JANE STREET GROUP, LLC trimmed11,028$336K0.1%2025-Q4 stale
VICTORY CAPITAL MANAGEMENT INC9,177$251K0.1%2025-Q2 stale
Squarepoint Ops LLC new9,275$212K0.1%2025-Q1 stale
Global Retirement Partners, LLC new2,453$75K0.0%2025-Q4 stale
Mirae Asset Global Investments Co., Ltd. added1,667$51K0.0%2025-Q4 stale
COLDSTREAM CAPITAL MANAGEMENT INC new532$12K0.0%2025-Q1 stale
Arax Advisory Partners added118$4K0.0%2025-Q4 stale
Glass Jacobson Investment Advisors llc118$3K0.0%2025-Q1 stale
Binnacle Investments Inc trimmed101$3K0.0%2025-Q3 stale
CIBC Private Wealth Group LLC84$3K0.0%2025-Q4 stale
BESSEMER GROUP INC new85$2K0.0%2025-Q3 stale
NewEdge Advisors, LLC58$2K0.0%2025-Q4 stale
Caitong International Asset Management Co., Ltd trimmed48$1K0.0%2025-Q2 stale
PRIVATE TRUST CO NA44$1K0.0%2025-Q3 stale
Tower Research Capital LLC (TRC) trimmed43$1K0.0%2025-Q2 stale
WELLS FARGO & COMPANY/MN28$8540.0%2025-Q4 stale
Riggs Asset Managment Co. Inc. new30$8220.0%2025-Q2 stale
PRINCIPAL SECURITIES, INC. trimmed24$6790.0%2025-Q3 stale
Geneos Wealth Management Inc. trimmed24$6570.0%2025-Q2 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