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.
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).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 23,836,224 | $2.4B | 23.3% | 2026-Q1 |
| UBS Group AG added | 12,813,599 | $1.3B | 12.5% | 2026-Q1 |
| MORGAN STANLEY added | 8,936,601 | $895M | 8.7% | 2026-Q1 |
| NEOS Investment Management LLC added | 6,604,674 | $662M | 6.5% | 2026-Q1 |
| US BANCORP \DE\ added | 5,758,210 | $577M | 5.6% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 4,197,675 | $412M | 4.0% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 3,740,846 | $375M | 3.7% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 3,597,245 | $360M | 3.5% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC trimmed | 2,940,701 | $295M | 2.9% | 2026-Q1 |
| NATIXIS ADVISORS, LLC trimmed | 2,916,172 | $292M | 2.9% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 2,409,944 | $241M | 2.4% | 2026-Q1 |
| JPMORGAN CHASE & CO added | 1,856,387 | $180M | 1.8% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 1,479,492 | $148M | 1.4% | 2026-Q1 |
| EXCHANGE TRADED CONCEPTS, LLC added | 1,266,594 | $127M | 1.2% | 2026-Q1 |
| LPL Financial LLC added | 1,071,219 | $107M | 1.0% | 2026-Q1 |
| NEUBERGER BERMAN GROUP LLC added | 869,900 | $87M | 0.9% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 709,862 | $71M | 0.7% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 688,475 | $69M | 0.7% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 680,958 | $68M | 0.7% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 583,657 | $59M | 0.6% | 2026-Q1 |
| Henshaw Capital LLC | 582,050 | $58M | 0.6% | 2026-Q1 |
| EVOKE WEALTH, LLC added | 570,798 | $57M | 0.6% | 2026-Q1 |
| AMG National Trust Bank added | 537,549 | $54M | 0.5% | 2026-Q1 |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND added | 502,000 | $50M | 0.5% | 2026-Q1 |
| Turim 21 Investimentos Ltda. added | 116,292 | $50M | 0.5% | 2026-Q1 |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ added | 474,675 | $48M | 0.5% | 2026-Q1 |
| Venturi Wealth Management, LLC trimmed | 427,634 | $43M | 0.4% | 2026-Q1 |
| CSM Advisors, LLC added | 379,911 | $38M | 0.4% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 355,278 | $36M | 0.3% | 2026-Q1 |
| Waverly Advisors, LLC added | 317,000 | $32M | 0.3% | 2026-Q1 |
| AE Wealth Management LLC added | 282,158 | $28M | 0.3% | 2026-Q1 |
| Lido Advisors, LLC trimmed | 276,952 | $28M | 0.3% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 275,000 | $28M | 0.3% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 274,867 | $28M | 0.3% | 2026-Q1 |
| WESBANCO BANK INC added | 273,187 | $27M | 0.3% | 2026-Q1 |
| Nuveen, LLC added | 238,272 | $24M | 0.2% | 2026-Q1 |
| RED CEDAR INVESTMENT MANAGEMENT, LLC trimmed | 229,942 | $23M | 0.2% | 2026-Q1 |
| Cetera Investment Advisers added | 221,199 | $22M | 0.2% | 2026-Q1 |
| MOODY NATIONAL BANK TRUST DIVISION added | 202,789 | $20M | 0.2% | 2026-Q1 |
| Envestnet Portfolio Solutions, Inc. trimmed | 202,159 | $20M | 0.2% | 2026-Q1 |
| Rockefeller Capital Management L.P. added | 199,774 | $20M | 0.2% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 190,787 | $19M | 0.2% | 2026-Q1 |
| S. R. Schill & Associates trimmed | 190,532 | $19M | 0.2% | 2026-Q1 |
| Focus Partners Wealth trimmed | 178,002 | $18M | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 181,525 | $18M | 0.2% | 2026-Q1 |
| GLENMEDE TRUST CO NA added | 172,286 | $17M | 0.2% | 2026-Q1 |
| FIRST CITIZENS BANK & TRUST CO trimmed | 162,705 | $16M | 0.2% | 2026-Q1 |
| ALERUS FINANCIAL NA trimmed | 161,753 | $16M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 155,241 | $16M | 0.2% | 2026-Q1 |
| Brandywine Asset Management, Inc. trimmed | 147,440 | $15M | 0.1% | 2026-Q1 |
| LBMC INVESTMENT ADVISORS, LLC trimmed | 149,385 | $15M | 0.1% | 2026-Q1 |
| Cerity Partners LLC added | 149,096 | $15M | 0.1% | 2026-Q1 |
| SVB WEALTH LLC trimmed | 146,804 | $15M | 0.1% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 146,494 | $15M | 0.1% | 2026-Q1 |
| Cadent Capital Advisors, LLC added | 142,813 | $14M | 0.1% | 2026-Q1 |
| Fusion Capital, LLC added | 140,223 | $14M | 0.1% | 2026-Q1 |
| CENTRAL VALLEY ADVISORS, LLC added | 139,356 | $14M | 0.1% | 2026-Q1 |
| Cresset Asset Management, LLC trimmed | 131,800 | $13M | 0.1% | 2026-Q1 |
| MML INVESTORS SERVICES, LLC trimmed | 131,377 | $13M | 0.1% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. added | 129,636 | $13M | 0.1% | 2026-Q1 |
| WELLINGTON MANAGEMENT GROUP LLP added | 122,559 | $12M | 0.1% | 2026-Q1 |
| CIBC WORLD MARKET INC. trimmed | 121,144 | $12M | 0.1% | 2026-Q1 |
| Pathstone Holdings, LLC added | 119,862 | $12M | 0.1% | 2026-Q1 |
| Rockbridge Investment Management, LCC added | 114,924 | $12M | 0.1% | 2026-Q1 |
| PARTNERS CAPITAL INVESTMENT GROUP, LLP added | 114,697 | $11M | 0.1% | 2026-Q1 |
| LODESTAR PRIVATE ASSET MANAGEMENT LLC added | 108,634 | $11M | 0.1% | 2026-Q1 |
| Beacon Pointe Advisors, LLC added | 108,177 | $11M | 0.1% | 2026-Q1 |
| Fairfield University new | 105,648 | $11M | 0.1% | 2026-Q1 |
| Zuckerman Investment Group, LLC added | 104,059 | $10M | 0.1% | 2026-Q1 |
| LOCKHEED MARTIN INVESTMENT MANAGEMENT CO | 100,000 | $10M | 0.1% | 2026-Q1 |
| Vise Technologies, Inc. | 93,231 | $9M | 0.1% | 2026-Q1 |
| First Western Trust Bank added | 92,356 | $9M | 0.1% | 2026-Q1 |
| 1900 WEALTH MANAGEMENT LLC added | 92,299 | $9M | 0.1% | 2026-Q1 |
| Thrivent Financial for Lutherans added | 91,497 | $9M | 0.1% | 2026-Q1 |
| HighTower Advisors, LLC trimmed | 89,914 | $9M | 0.1% | 2026-Q1 |
| Creative Planning added | 88,902 | $9M | 0.1% | 2026-Q1 |
| Heritage Investment Group, Inc. added | 87,765 | $9M | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 87,709 | $9M | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC added | 86,256 | $9M | 0.1% | 2026-Q1 |
| PRAIRIEVIEW WEALTH PARTNERS, LLC added | 85,134 | $9M | 0.1% | 2026-Q1 |
| Corient Private Wealth LLC trimmed | 87,534 | $8M | 0.1% | 2026-Q1 |
| BLAIR WILLIAM & CO/IL added | 82,735 | $8M | 0.1% | 2026-Q1 |
| FIRST NATIONAL BANK OF OMAHA trimmed | 84,606 | $8M | 0.1% | 2026-Q1 |
| Financial Engines Advisors L.L.C. trimmed | 79,971 | $8M | 0.1% | 2026-Q1 |
| COMMERCE BANK added | 77,846 | $8M | 0.1% | 2026-Q1 |
| HRT FINANCIAL LP added | 77,394 | $8M | 0.1% | 2026-Q1 |
| EP Wealth Advisors, LLC trimmed | 77,269 | $8M | 0.1% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 76,330 | $8M | 0.1% | 2026-Q1 |
| Allianz SE trimmed | 76,000 | $8M | 0.1% | 2026-Q1 |
| Mariner, LLC trimmed | 74,783 | $7M | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC added | 74,548 | $7M | 0.1% | 2026-Q1 |
| Lloyd Advisory Services, LLC. added | 74,375 | $7M | 0.1% | 2026-Q1 |
| Summit Rock Advisors, LP added | 1,478,312 | $119M | 1.2% | 2025-Q1 stale |
| IMC-Chicago, LLC trimmed | 239,506 | $24M | 0.2% | 2025-Q4 stale |
| FLOW TRADERS U.S. LLC added | 208,460 | $18M | 0.2% | 2025-Q2 stale |
| TUDOR INVESTMENT CORP ET AL added | 126,221 | $11M | 0.1% | 2025-Q2 stale |
| Litman Gregory Wealth Management LLC trimmed | 103,508 | $10M | 0.1% | 2025-Q4 stale |
| Glenmede Investment Management, LP added | 92,441 | $9M | 0.1% | 2025-Q3 stale |
| Kovitz Investment Group Partners, LLC added | 91,636 | $9M | 0.1% | 2025-Q3 stale |
| COMERICA BANK trimmed | 86,438 | $9M | 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.