% of shares outstanding is not shown for VIG: 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 VIG 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/ | 21,677,87921.7M | $4.7B | — | TRIM -12% |
| 2 | MORGAN STANLEY | 13,018,44813.0M | $2.8B | — | — |
| 3 | WELLS FARGO & COMPANY/MN | 10,790,75610.8M | $2.3B | — | — |
| 4 | Vanguard Global Advisers, LLC | 10,627,84210.6M | $2.3B | — | NEW |
| 5 | Wealthfront Advisers LLC | 8,997,1469.0M | $1.9B | — | TRIM -9% |
| 6 | LPL Financial LLC | 7,002,4757.0M | $1.5B | — | — |
| 7 | UBS Group AG | 6,330,8046.3M | $1.4B | — | — |
| 8 | RAYMOND JAMES FINANCIAL INC | 5,720,9465.7M | $1.2B | — | ADD 2% |
| 9 | HB Wealth Management, LLC | 5,763,6025.8M | $1.2B | — | — |
| 10 | ROYAL BANK OF CANADA | 4,141,5604.1M | $891M | — | — |
Ranked by each filer’s own reported value, not shares.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| Vanguard Global Advisers, LLC | +10,627,842 | $2.3B | OPEN |
| Robertson Stephens Wealth Management, LLC | +717,344 | $154M | OPEN |
| Independent Advisor Alliance | +384,253 | $83M | ADD |
| WELLINGTON MANAGEMENT GROUP LLP | +323,541 | $70M | OPEN |
| JONES FINANCIAL COMPANIES LLLP | +319,559 | $69M | ADD |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| VANGUARD GROUP INC | −10,690,700 | $2.3B | CLOSE |
| BANK OF AMERICA CORP /DE/ | −3,061,801 | $658M | TRIM |
| Corient Private Wealth LLC | −1,394,242 | $300M | TRIM |
| Wealthfront Advisers LLC | −882,045 | $190M | TRIM |
| TRUST POINT INC. | −636,527 | $137M | 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/ | 24.7M | 21.9M | 21.3M | 21.3M | 24.7M | 21.7M | $4.7B |
| MORGAN STANLEY | 12.4M | 12.5M | 12.7M | 12.5M | 12.8M | 13.0M | $2.8B |
| WELLS FARGO & COMPANY/MN | 10.5M | 10.6M | 10.7M | 10.6M | 10.8M | 10.8M | $2.3B |
| Vanguard Global Advisers, LLC | — | — | — | — | — | 10.6M | $2.3B |
| Wealthfront Advisers LLC | 6.9M | 7.6M | 9.1M | 9.6M | 9.9M | 9.0M | $1.9B |
| LPL Financial LLC | 6.0M | 6.3M | 6.5M | 6.9M | 6.9M | 7.0M | $1.5B |
| UBS Group AG | 6.6M | 6.6M | 6.6M | 6.3M | 6.3M | 6.3M | $1.4B |
| RAYMOND JAMES FINANCIAL INC | 5.2M | 5.3M | 5.4M | 5.3M | 5.6M | 5.7M | $1.2B |
| HB Wealth Management, LLC | 4.9M | 5.3M | 5.2M | 5.5M | 5.7M | 5.8M | $1.2B |
| ROYAL BANK OF CANADA | 3.7M | 3.7M | 7.8M | 4.0M | 4.2M | 4.1M | $891M |
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.
