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Institutional Ownership · SEC Form 13F

Who owns VTWO (VTWO)


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

672
Institutional holders
105,782,207
Shares held (tracked funds)

How the tape is positioned

121 tracked funds added or opened VTWO while 77 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

VTWO’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.2% of its own reported 13F book, while the median holder sizes it at 0.1% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.

Book-share is each fund’s reported value in VTWO 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 672 tracked filers holding VTWO, 349 increased or opened the position and 248 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 VTWO 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 22

  • Turim 21 Investimentos Ltda.$50M
  • Fairfield University$11M
  • HRT FINANCIAL LP$8M
  • Allianz SE$8M
  • Summit Financial Consulting LLC$7M
  • Fortis Group Advisors, LLC$4M

Full exits 28

  • IMC-Chicago, LLC$24M
  • Litman Gregory Wealth Management LLC$10M
  • COMERICA BANK$9M
  • FIRST CITIZENS INVESTOR SERVICES, INC.$6M
  • Austin Private Wealth, LLC$6M
  • Vident Advisory, LLC$4M

Largest adds

  • UBS Group AG$1.1B
  • JONES FINANCIAL COMPANIES LLLP$315M
  • ENVESTNET ASSET MANAGEMENT INC$309M
  • NEOS Investment Management LLC$212M
  • UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC$190M
  • BANK OF MONTREAL /CAN/$67M

Largest trims

  • BANK OF AMERICA CORP /DE/$550M
  • NATIXIS ADVISORS, LLC$291M
  • Envestnet Portfolio Solutions, Inc.$289M
  • HighTower Advisors, LLC$54M
  • GOLDMAN SACHS GROUP INC$40M
  • BNP PARIBAS FINANCIAL MARKETS$25M

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
BANK OF AMERICA CORP /DE/ trimmed23,836,224$2.4B23.3%2026-Q1
UBS Group AG added12,813,599$1.3B12.5%2026-Q1
MORGAN STANLEY added8,936,601$895M8.7%2026-Q1
NEOS Investment Management LLC added6,604,674$662M6.5%2026-Q1
US BANCORP \DE\ added5,758,210$577M5.6%2026-Q1
JONES FINANCIAL COMPANIES LLLP added4,197,675$412M4.0%2026-Q1
WELLS FARGO & COMPANY/MN added3,740,846$375M3.7%2026-Q1
ENVESTNET ASSET MANAGEMENT INC added3,597,245$360M3.5%2026-Q1
GOLDMAN SACHS GROUP INC trimmed2,940,701$295M2.9%2026-Q1
NATIXIS ADVISORS, LLC trimmed2,916,172$292M2.9%2026-Q1
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added2,409,944$241M2.4%2026-Q1
JPMORGAN CHASE & CO added1,856,387$180M1.8%2026-Q1
STIFEL FINANCIAL CORP added1,479,492$148M1.4%2026-Q1
EXCHANGE TRADED CONCEPTS, LLC added1,266,594$127M1.2%2026-Q1
LPL Financial LLC added1,071,219$107M1.0%2026-Q1
NEUBERGER BERMAN GROUP LLC added869,900$87M0.9%2026-Q1
RAYMOND JAMES FINANCIAL INC added709,862$71M0.7%2026-Q1
BANK OF MONTREAL /CAN/ added688,475$69M0.7%2026-Q1
TRUIST FINANCIAL CORP added680,958$68M0.7%2026-Q1
AMERIPRISE FINANCIAL INC added583,657$59M0.6%2026-Q1
Henshaw Capital LLC582,050$58M0.6%2026-Q1
EVOKE WEALTH, LLC added570,798$57M0.6%2026-Q1
AMG National Trust Bank added537,549$54M0.5%2026-Q1
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added502,000$50M0.5%2026-Q1
Turim 21 Investimentos Ltda. added116,292$50M0.5%2026-Q1
FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ added474,675$48M0.5%2026-Q1
Venturi Wealth Management, LLC trimmed427,634$43M0.4%2026-Q1
CSM Advisors, LLC added379,911$38M0.4%2026-Q1
ROYAL BANK OF CANADA added355,278$36M0.3%2026-Q1
Waverly Advisors, LLC added317,000$32M0.3%2026-Q1
AE Wealth Management LLC added282,158$28M0.3%2026-Q1
Lido Advisors, LLC trimmed276,952$28M0.3%2026-Q1
BNP PARIBAS FINANCIAL MARKETS trimmed275,000$28M0.3%2026-Q1
Janney Montgomery Scott LLC trimmed274,867$28M0.3%2026-Q1
WESBANCO BANK INC added273,187$27M0.3%2026-Q1
Nuveen, LLC added238,272$24M0.2%2026-Q1
RED CEDAR INVESTMENT MANAGEMENT, LLC trimmed229,942$23M0.2%2026-Q1
Cetera Investment Advisers added221,199$22M0.2%2026-Q1
MOODY NATIONAL BANK TRUST DIVISION added202,789$20M0.2%2026-Q1
Envestnet Portfolio Solutions, Inc. trimmed202,159$20M0.2%2026-Q1
Rockefeller Capital Management L.P. added199,774$20M0.2%2026-Q1
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added190,787$19M0.2%2026-Q1
S. R. Schill & Associates trimmed190,532$19M0.2%2026-Q1
Focus Partners Wealth trimmed178,002$18M0.2%2026-Q1
OSAIC HOLDINGS, INC. trimmed181,525$18M0.2%2026-Q1
GLENMEDE TRUST CO NA added172,286$17M0.2%2026-Q1
FIRST CITIZENS BANK & TRUST CO trimmed162,705$16M0.2%2026-Q1
ALERUS FINANCIAL NA trimmed161,753$16M0.2%2026-Q1
COMMONWEALTH EQUITY SERVICES, LLC trimmed155,241$16M0.2%2026-Q1
Brandywine Asset Management, Inc. trimmed147,440$15M0.1%2026-Q1
LBMC INVESTMENT ADVISORS, LLC trimmed149,385$15M0.1%2026-Q1
Cerity Partners LLC added149,096$15M0.1%2026-Q1
SVB WEALTH LLC trimmed146,804$15M0.1%2026-Q1
SCHRODER INVESTMENT MANAGEMENT GROUP trimmed146,494$15M0.1%2026-Q1
Cadent Capital Advisors, LLC added142,813$14M0.1%2026-Q1
Fusion Capital, LLC added140,223$14M0.1%2026-Q1
CENTRAL VALLEY ADVISORS, LLC added139,356$14M0.1%2026-Q1
Cresset Asset Management, LLC trimmed131,800$13M0.1%2026-Q1
MML INVESTORS SERVICES, LLC trimmed131,377$13M0.1%2026-Q1
PNC FINANCIAL SERVICES GROUP, INC. added129,636$13M0.1%2026-Q1
WELLINGTON MANAGEMENT GROUP LLP added122,559$12M0.1%2026-Q1
CIBC WORLD MARKET INC. trimmed121,144$12M0.1%2026-Q1
Pathstone Holdings, LLC added119,862$12M0.1%2026-Q1
Rockbridge Investment Management, LCC added114,924$12M0.1%2026-Q1
PARTNERS CAPITAL INVESTMENT GROUP, LLP added114,697$11M0.1%2026-Q1
LODESTAR PRIVATE ASSET MANAGEMENT LLC added108,634$11M0.1%2026-Q1
Beacon Pointe Advisors, LLC added108,177$11M0.1%2026-Q1
Fairfield University new105,648$11M0.1%2026-Q1
Zuckerman Investment Group, LLC added104,059$10M0.1%2026-Q1
LOCKHEED MARTIN INVESTMENT MANAGEMENT CO100,000$10M0.1%2026-Q1
Vise Technologies, Inc.93,231$9M0.1%2026-Q1
First Western Trust Bank added92,356$9M0.1%2026-Q1
1900 WEALTH MANAGEMENT LLC added92,299$9M0.1%2026-Q1
Thrivent Financial for Lutherans added91,497$9M0.1%2026-Q1
HighTower Advisors, LLC trimmed89,914$9M0.1%2026-Q1
Creative Planning added88,902$9M0.1%2026-Q1
Heritage Investment Group, Inc. added87,765$9M0.1%2026-Q1
FIFTH THIRD BANCORP added87,709$9M0.1%2026-Q1
JANE STREET GROUP, LLC added86,256$9M0.1%2026-Q1
PRAIRIEVIEW WEALTH PARTNERS, LLC added85,134$9M0.1%2026-Q1
Corient Private Wealth LLC trimmed87,534$8M0.1%2026-Q1
BLAIR WILLIAM & CO/IL added82,735$8M0.1%2026-Q1
FIRST NATIONAL BANK OF OMAHA trimmed84,606$8M0.1%2026-Q1
Financial Engines Advisors L.L.C. trimmed79,971$8M0.1%2026-Q1
COMMERCE BANK added77,846$8M0.1%2026-Q1
HRT FINANCIAL LP added77,394$8M0.1%2026-Q1
EP Wealth Advisors, LLC trimmed77,269$8M0.1%2026-Q1
Farther Finance Advisors, LLC added76,330$8M0.1%2026-Q1
Allianz SE trimmed76,000$8M0.1%2026-Q1
Mariner, LLC trimmed74,783$7M0.1%2026-Q1
Kestra Advisory Services, LLC added74,548$7M0.1%2026-Q1
Lloyd Advisory Services, LLC. added74,375$7M0.1%2026-Q1
Summit Rock Advisors, LP added1,478,312$119M1.2%2025-Q1 stale
IMC-Chicago, LLC trimmed239,506$24M0.2%2025-Q4 stale
FLOW TRADERS U.S. LLC added208,460$18M0.2%2025-Q2 stale
TUDOR INVESTMENT CORP ET AL added126,221$11M0.1%2025-Q2 stale
Litman Gregory Wealth Management LLC trimmed103,508$10M0.1%2025-Q4 stale
Glenmede Investment Management, LP added92,441$9M0.1%2025-Q3 stale
Kovitz Investment Group Partners, LLC added91,636$9M0.1%2025-Q3 stale
COMERICA BANK trimmed86,438$9M0.1%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.

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