% of shares outstanding is not shown for VFH: this is a fund line, and we hold no cover-page share count for it at any quarter — a fund's shares outstanding move with creations and redemptions rather than with issuance and buybacks, and it is not the SEC cover-page count this percentage is defined against. The figure is withheld rather than computed against a count that does not exist. Holder share counts are shown as filed.
Crowding percentile lands with its cohort — the cohort is size-matched, so it needs a market cap for VFH in the served universe — that lands with the next screener build.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | BANK OF AMERICA CORP /DE/ | 23,948,13223.9M | $2.9B | — | — |
| 2 | MORGAN STANLEY | 3,665,5843.7M | $443M | — | — |
| 3 | WELLS FARGO & COMPANY/MN | 1,932,9701.9M | $234M | — | ADD 7% |
| 4 | UBS Group AG | 1,906,0911.9M | $230M | — | ADD 10% |
| 5 | PGIM Custom Harvest LLC | 1,623,7061.6M | $196M | — | ADD 8% |
| 6 | RAYMOND JAMES FINANCIAL INC | 1,279,1511.3M | $155M | — | ADD 3% |
| 7 | FMR LLC | 964,644964,644 | $117M | — | — |
| 8 | AMERIPRISE FINANCIAL INC | 931,719931,719 | $113M | — | TRIM -3% |
| 9 | Main Management ETF Advisors, LLC | 924,885924,885 | $112M | — | NEW |
| 10 | LPL Financial LLC | 918,506918,506 | $111M | — | TRIM -7% |
Ranked by each filer’s own reported value, not shares.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| Main Management ETF Advisors, LLC | +924,885 | $112M | OPEN |
| TWO SIGMA INVESTMENTS, LP | +669,100 | $81M | OPEN |
| BANK OF AMERICA CORP /DE/ | +379,485 | $46M | — |
| Allianz SE | +267,667 | $32M | ADD |
| UBS Group AG | +176,235 | $21M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Beacon Capital Management, Inc. | −238,279 | $29M | TRIM |
| TIFF ADVISORY SERVICES, LLC | −213,451 | $26M | CLOSE |
| Corient Private Wealth LLC | −209,837 | $25M | TRIM |
| ENVESTNET ASSET MANAGEMENT INC | −112,593 | $14M | TRIM |
| THEORY FINANCIAL LLC | −95,496 | $12M | TRIM |
Prior quarter split-rebased · 13Fs are long, US-listed only.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ | 23.0M | 23.0M | 22.9M | 23.4M | 23.6M | 23.9M | $2.9B |
| MORGAN STANLEY | 3.2M | 3.6M | 3.4M | 3.6M | 3.6M | 3.7M | $443M |
| WELLS FARGO & COMPANY/MN | 1.6M | 1.7M | 1.7M | 1.8M | 1.8M | 1.9M | $234M |
| UBS Group AG | 1.9M | 1.9M | 1.8M | 1.8M | 1.7M | 1.9M | $230M |
| PGIM Custom Harvest LLC | 1.2M | 1.2M | 1.4M | 1.4M | 1.5M | 1.6M | $196M |
| RAYMOND JAMES FINANCIAL INC | 1.1M | 1.1M | 1.1M | 1.2M | 1.2M | 1.3M | $155M |
| FMR LLC | 1.1M | 1.0M | 1.0M | 980K | 969K | 965K | $117M |
| AMERIPRISE FINANCIAL INC | 692K | 863K | 819K | 850K | 956K | 932K | $113M |
| Main Management ETF Advisors, LLC | — | — | — | — | — | 925K | $112M |
| LPL Financial LLC | 758K | 786K | 871K | 971K | 991K | 919K | $111M |
Green = added, red = trimmed, grey = held; a dash is a quarter with no 13F on file — a gap, not an exit.
Holders only — breaks = no 13F.
Short interest has its own tab now — open SI →
SEC Form 13F · ~10,250 filers, 10y · long-only, US-listed, filed ≤45d after quarter-end.
