Who owns VANGUARD VALUE INDEX FUND (VTV)
Which tracked institutional funds hold VTV, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VTV 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
The tracked-fund tape on VTV is one-sided between 2026-Q1 and 2026-Q2: 7 added or opened and 1913 trimmed or exited — on balance reducing.
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
VTV’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 1.9% of its own reported 13F book, while the median holder sizes it at 1.5% of theirs — a 0.4pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in VTV 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 2678 tracked filers holding VTV, 1368 increased or opened the position and 1060 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 VTV 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 3
- MARSHALL WACE, LLP$61M
- TWO SIGMA INVESTMENTS, LP$1M
- BALYASNY ASSET MANAGEMENT L.P.$939K
Full exits 1912
- BANK OF AMERICA CORP /DE/$25.8B
- JONES FINANCIAL COMPANIES LLLP$9.9B
- MORGAN STANLEY$6.6B
- ENVESTNET ASSET MANAGEMENT INC$4.4B
- UBS Group AG$2.6B
- AMERIPRISE FINANCIAL INC$2.2B
Largest adds
- FMR LLC$94M
- TUDOR INVESTMENT CORP ET AL$30M
- AQR CAPITAL MANAGEMENT LLC$14M
- Aristotle Capital Management, LLC$1M
Largest trims
- BlackRock, Inc.$28M
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 |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 131,676,968 | $25.8B | 27.3% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP trimmed | 51,321,269 | $9.9B | 10.5% | 2026-Q1 |
| MORGAN STANLEY added | 33,645,562 | $6.6B | 7.0% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 22,591,492 | $4.4B | 4.7% | 2026-Q1 |
| UBS Group AG added | 13,503,195 | $2.6B | 2.8% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 11,405,110 | $2.2B | 2.4% | 2026-Q1 |
| LPL Financial LLC added | 11,180,221 | $2.2B | 2.3% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 8,736,451 | $1.7B | 1.8% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 8,492,812 | $1.7B | 1.8% | 2026-Q1 |
| EP Wealth Advisors, LLC added | 8,418,734 | $1.7B | 1.7% | 2026-Q1 |
| Cetera Investment Advisers added | 7,740,408 | $1.5B | 1.6% | 2026-Q1 |
| TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC new | 6,668,184 | $1.3B | 1.4% | 2026-Q1 |
| CAPTRUST FINANCIAL ADVISORS added | 6,662,268 | $1.3B | 1.4% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 5,815,364 | $1.1B | 1.2% | 2026-Q1 |
| D.A. DAVIDSON & CO. added | 5,611,282 | $1.1B | 1.2% | 2026-Q1 |
| Mill Creek Capital Advisors, LLC added | 5,237,874 | $1.0B | 1.1% | 2026-Q1 |
| Mariner, LLC added | 5,060,711 | $993M | 1.0% | 2026-Q1 |
| FMR LLC trimmed | 4,519,995 | $985M | 1.0% | 2026-Q2 |
| Betterment LLC trimmed | 4,864,568 | $954M | 1.0% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 4,540,035 | $891M | 0.9% | 2026-Q1 |
| Focus Partners Wealth trimmed | 4,283,154 | $840M | 0.9% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 4,247,947 | $833M | 0.9% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 3,949,851 | $762M | 0.8% | 2026-Q1 |
| SEI INVESTMENTS CO added | 3,838,454 | $753M | 0.8% | 2026-Q1 |
| HighTower Advisors, LLC added | 3,521,088 | $691M | 0.7% | 2026-Q1 |
| RWA WEALTH PARTNERS, LLC trimmed | 3,430,591 | $673M | 0.7% | 2026-Q1 |
| MONETA GROUP INVESTMENT ADVISORS LLC added | 3,371,516 | $661M | 0.7% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 3,074,772 | $603M | 0.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 2,862,779 | $562M | 0.6% | 2026-Q1 |
| Balentine LLC added | 2,846,109 | $558M | 0.6% | 2026-Q1 |
| CBIZ Investment Advisory Services, LLC added | 2,701,704 | $530M | 0.6% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 2,636,976 | $517M | 0.5% | 2026-Q1 |
| Caisse de depot et placement du Quebec added | 2,586,209 | $507M | 0.5% | 2026-Q1 |
| OSAIC HOLDINGS, INC. added | 2,563,530 | $503M | 0.5% | 2026-Q1 |
| TRUIST FINANCIAL CORP trimmed | 2,405,835 | $472M | 0.5% | 2026-Q1 |
| MISSION WEALTH MANAGEMENT, LP trimmed | 2,403,123 | $471M | 0.5% | 2026-Q1 |
| CITIGROUP INC trimmed | 2,329,100 | $457M | 0.5% | 2026-Q1 |
| CHOREO, LLC added | 2,176,884 | $427M | 0.5% | 2026-Q1 |
| COLDSTREAM CAPITAL MANAGEMENT INC added | 1,792,680 | $352M | 0.4% | 2026-Q1 |
| Waldron Private Wealth LLC added | 1,791,053 | $351M | 0.4% | 2026-Q1 |
| Modera Wealth Management, LLC added | 1,768,345 | $347M | 0.4% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 1,691,366 | $332M | 0.4% | 2026-Q1 |
| Bell Bank added | 1,625,697 | $319M | 0.3% | 2026-Q1 |
| Cerity Partners LLC added | 1,623,206 | $319M | 0.3% | 2026-Q1 |
| Facet Wealth, Inc. added | 1,591,664 | $312M | 0.3% | 2026-Q1 |
| Baird Financial Group, Inc. added | 1,511,322 | $297M | 0.3% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 1,454,595 | $285M | 0.3% | 2026-Q1 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC trimmed | 1,446,101 | $284M | 0.3% | 2026-Q1 |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC trimmed | 1,433,905 | $281M | 0.3% | 2026-Q1 |
| ASSETMARK, INC trimmed | 1,407,931 | $276M | 0.3% | 2026-Q1 |
| LINCOLN NATIONAL CORP trimmed | 1,399,269 | $275M | 0.3% | 2026-Q1 |
| Retirement Investment Advisors, Inc. | 1,375,849 | $263M | 0.3% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 1,316,904 | $258M | 0.3% | 2026-Q1 |
| Sanctuary Advisors, LLC trimmed | 1,237,731 | $243M | 0.3% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 1,173,261 | $230M | 0.2% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL added | 1,165,912 | $229M | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 1,187,977 | $227M | 0.2% | 2026-Q1 |
| MATHER GROUP, LLC. trimmed | 1,155,842 | $227M | 0.2% | 2026-Q1 |
| Private Advisor Group, LLC added | 1,084,070 | $213M | 0.2% | 2026-Q1 |
| CIBC Bancorp USA Inc. new | 1,079,577 | $212M | 0.2% | 2026-Q1 |
| Garde Capital, Inc. trimmed | 1,079,480 | $212M | 0.2% | 2026-Q1 |
| Brookstone Capital Management added | 1,069,631 | $210M | 0.2% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. added | 1,028,947 | $202M | 0.2% | 2026-Q1 |
| SCS Capital Management LLC trimmed | 1,014,417 | $199M | 0.2% | 2026-Q1 |
| Merit Financial Group, LLC added | 997,691 | $196M | 0.2% | 2026-Q1 |
| STEPHENS GROUP ASSET MANAGEMENT, LLC added | 985,079 | $193M | 0.2% | 2026-Q1 |
| Members Trust Co trimmed | 976,626 | $192M | 0.2% | 2026-Q1 |
| Richard Bernstein Advisors LLC trimmed | 969,895 | $190M | 0.2% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 966,359 | $190M | 0.2% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 972,713 | $190M | 0.2% | 2026-Q1 |
| VANTAGEPOINT INVESTMENT ADVISERS LLC trimmed | 909,566 | $178M | 0.2% | 2026-Q1 |
| Creative Planning trimmed | 902,783 | $177M | 0.2% | 2026-Q1 |
| Systematic Alpha Investments, LLC | 894,868 | $176M | 0.2% | 2026-Q1 |
| Thrive Wealth Management, LLC added | 861,724 | $169M | 0.2% | 2026-Q1 |
| Gotham Asset Management, LLC added | 858,103 | $168M | 0.2% | 2026-Q1 |
| CWM, LLC trimmed | 854,071 | $168M | 0.2% | 2026-Q1 |
| Everhart Financial Group, Inc. added | 852,879 | $167M | 0.2% | 2026-Q1 |
| RMG Wealth Management LLC added | 799,707 | $167M | 0.2% | 2026-Q1 |
| 71 West Capital Partners added | 845,174 | $166M | 0.2% | 2026-Q1 |
| BlackRock, Inc. trimmed | 730,222 | $159M | 0.2% | 2026-Q2 |
| Unison Advisors LLC added | 799,450 | $157M | 0.2% | 2026-Q1 |
| Sequoia Financial Advisors, LLC added | 781,277 | $153M | 0.2% | 2026-Q1 |
| VISTA CAPITAL PARTNERS, INC. trimmed | 763,114 | $150M | 0.2% | 2026-Q1 |
| Saudi Central Bank | 756,686 | $148M | 0.2% | 2026-Q1 |
| Clearstead Advisors, LLC added | 750,841 | $147M | 0.2% | 2026-Q1 |
| Strategies Wealth Advisors, LLC added | 742,120 | $146M | 0.2% | 2026-Q1 |
| WOODMONT INVESTMENT COUNSEL LLC trimmed | 738,418 | $145M | 0.2% | 2026-Q1 |
| NEPC LLC | 704,920 | $138M | 0.1% | 2026-Q1 |
| BRANDYWINE OAK PRIVATE WEALTH LLC trimmed | 700,170 | $137M | 0.1% | 2026-Q1 |
| Focused Wealth Management, Inc added | 696,791 | $137M | 0.1% | 2026-Q1 |
| Prime Capital Investment Advisors, LLC trimmed | 676,693 | $133M | 0.1% | 2026-Q1 |
| SIMON QUICK ADVISORS, LLC added | 662,211 | $130M | 0.1% | 2026-Q1 |
| CARY STREET PARTNERS FINANCIAL LLC added | 659,387 | $129M | 0.1% | 2026-Q1 |
| Equitable Holdings, Inc. trimmed | 1,146,092 | $128M | 0.1% | 2026-Q1 |
| Mountain Capital Investment Advisors Inc. trimmed | 623,769 | $127M | 0.1% | 2026-Q1 |
| AVANTAX ADVISORY SERVICES, INC. trimmed | 3,301,015 | $583M | 0.6% | 2025-Q2 stale |
| CHURCHILL MANAGEMENT Corp added | 2,561,737 | $453M | 0.5% | 2025-Q2 stale |
| Provida Pension Fund Administrator trimmed | 1,900,118 | $363M | 0.4% | 2025-Q4 stale |
| Money Design Co.,Ltd. added | 1,384,981 | $245M | 0.3% | 2025-Q2 stale |
| CIBC Private Wealth Group LLC added | 972,047 | $186M | 0.2% | 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.
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.