% of shares outstanding is not shown for VO: 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 withheld — no market cap for VO in the served universe — the cohort is size-matched, and an unmatched percentile would compare a micro-cap register to a mega-cap one.
| # | Holder | Shares | Value | % of shares out | Δ QoQ |
|---|---|---|---|---|---|
| 1 | WELLS FARGO & COMPANY/MN | 27,774,78427.8M | $8.0B | — | ADD 3% |
| 2 | JONES FINANCIAL COMPANIES LLLP | 26,272,16326.3M | $7.4B | — | ADD 22% |
| 3 | BANK OF AMERICA CORP /DE/ | 18,131,07518.1M | $5.2B | — | — |
| 4 | UBS Group AG | 13,399,06613.4M | $3.8B | — | ADD 141% |
| 5 | MORGAN STANLEY | 8,634,5218.6M | $2.5B | — | — |
| 6 | Creative Planning | 8,310,8898.3M | $2.4B | — | — |
| 7 | RAYMOND JAMES FINANCIAL INC | 7,515,4927.5M | $2.2B | — | ADD 5% |
| 8 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 6,309,0326.3M | $1.8B | — | ADD 2% |
| 9 | ENVESTNET ASSET MANAGEMENT INC | 5,894,4235.9M | $1.7B | — | ADD 125% |
| 10 | US BANCORP \DE\ | 5,414,5625.4M | $1.6B | — | ADD 7% |
| 11 | LPL Financial LLC | 3,577,4373.6M | $1.0B | — | ADD 9% |
| 12 | AMERIPRISE FINANCIAL INC | 3,217,5723.2M | $925M | — | TRIM -6% |
| 13 | MONETA GROUP INVESTMENT ADVISORS LLC | 9,946,8339.9M | $714M | — | ADD 322% |
| 14 | CIBC Bancorp USA Inc. | 2,459,5972.5M | $704M | — | NEW |
| 15 | PNC FINANCIAL SERVICES GROUP, INC. | 2,358,8672.4M | $677M | — | ADD 2% |
| 16 | Mariner, LLC | 2,133,9312.1M | $613M | — | ADD 6% |
| 17 | JPMORGAN CHASE & CO | 2,120,9822.1M | $596M | — | — |
| 18 | ROYAL BANK OF CANADA | 1,682,6121.7M | $483M | — | ADD 3% |
| 19 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 1,664,3601.7M | $478M | — | ADD 233% |
| 20 | Allworth Financial LP | 1,532,5241.5M | $440M | — | — |
| 21 | JMG Financial Group, Ltd. | 1,396,6171.4M | $401M | — | ADD 3% |
| 22 | Cetera Investment Advisers | 1,384,7561.4M | $398M | — | ADD 8% |
| 23 | TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC | 1,374,8591.4M | $395M | — | NEW |
| 24 | Cerity Partners LLC | 1,332,0091.3M | $384M | — | ADD 19% |
| 25 | Nicholas Hoffman & Company, LLC. | 1,185,9001.2M | $341M | — | — |
| 26 | Bank of New York Mellon Corp | 1,132,2811.1M | $325M | — | ADD 12% |
| 27 | HighTower Advisors, LLC | 1,086,2031.1M | $312M | — | ADD 2% |
| 28 | REGIONS FINANCIAL CORP | 1,055,8401.1M | $303M | — | ADD 12% |
| 29 | Midwest Trust Co | 1,027,6991.0M | $295M | — | ADD 2% |
| 30 | Border to Coast Pensions Partnership Ltd | 1,018,1871.0M | $293M | — | TRIM -11% |
| 31 | NATIXIS ADVISORS, LLC | 4,033,0674.0M | $290M | — | ADD 20% |
| 32 | COMMONWEALTH EQUITY SERVICES, LLC | 1,005,6271.0M | $289M | — | TRIM -4% |
| 33 | GOLDMAN SACHS GROUP INC | 901,190901,190 | $259M | — | ADD 9% |
| 34 | BANK OF MONTREAL /CAN/ | 879,890879,890 | $253M | — | TRIM -7% |
| 35 | Rockefeller Capital Management L.P. | 798,721798,721 | $229M | — | ADD 8% |
| 36 | Beacon Pointe Advisors, LLC | 742,197742,197 | $213M | — | ADD 34% |
| 37 | OSAIC HOLDINGS, INC. | 732,859732,859 | $211M | — | — |
| 38 | STIFEL FINANCIAL CORP | 725,600725,600 | $208M | — | — |
| 39 | Clearstead Advisors, LLC | 709,749709,749 | $204M | — | — |
| 40 | Baird Financial Group, Inc. | 626,685626,685 | $180M | — | ADD 13% |
| 41 | FIFTH THIRD BANCORP | 619,350619,350 | $178M | — | ADD 46% |
| 42 | Wealthspire Advisors, LLC | 618,508618,508 | $178M | — | ADD 3% |
| 43 | SigFig Wealth Management, LLC | 615,408615,408 | $177M | — | ADD 11% |
| 44 | Pathstone Holdings, LLC | 597,960597,960 | $172M | — | — |
| 45 | First Command Advisory Services, Inc. | 561,597561,597 | $161M | — | — |
| 46 | FMR LLC | 557,550557,550 | $160M | — | ADD 7% |
| 47 | 1832 Asset Management L.P. | 549,716549,716 | $158M | — | — |
| 48 | MassMutual Private Wealth & Trust, FSB | 514,389514,389 | $148M | — | — |
| 49 | Corient Private Wealth LLC | 494,879494,879 | $140M | — | TRIM -53% |
| 50 | Joel Isaacson & Co., LLC | 475,299475,299 | $136M | — | ADD 2% |
| 51 | Bleakley Financial Group, LLC | 472,704472,704 | $136M | — | ADD 9% |
| 52 | TRUIST FINANCIAL CORP | 463,622463,622 | $133M | — | TRIM -3% |
| 53 | Cullen/Frost Bankers, Inc. | 441,989441,989 | $127M | — | — |
| 54 | INVICTUS PRIVATE WEALTH, LLC | 433,617433,617 | $125M | — | ADD 3% |
| 55 | Chicago Partners Investment Group LLC | 1,616,1231.6M | $124M | — | ADD 318% |
| 56 | Millburn Ridgefield LLC /DE/ | 421,239421,239 | $121M | — | ADD 11% |
| 57 | Catalyst Capital Advisors LLC | 421,239421,239 | $121M | — | ADD 11% |
| 58 | Financial Synergies Wealth Advisors, Inc. | 387,226387,226 | $111M | — | — |
| 59 | Janney Montgomery Scott LLC | 384,681384,681 | $110M | — | TRIM -6% |
| 60 | Equitable Holdings, Inc. | 375,949375,949 | $109M | — | ADD 11% |
| 61 | Kestra Advisory Services, LLC | 365,964365,964 | $105M | — | ADD 10% |
| 62 | Merit Financial Group, LLC | 358,773358,773 | $103M | — | ADD 15% |
| 63 | National Philanthropic Trust | 356,234356,234 | $102M | — | ADD 4% |
| 64 | COUNTRY TRUST BANK | 356,121356,121 | $102M | — | ADD 2% |
| 65 | Waverly Advisors, LLC | 355,422355,422 | $102M | — | ADD 4% |
| 66 | MML INVESTORS SERVICES, LLC | 335,502335,502 | $96M | — | TRIM -13% |
| 67 | CAPTRUST FINANCIAL ADVISORS | 333,471333,471 | $96M | — | — |
| 68 | MERCER GLOBAL ADVISORS INC /ADV | 331,136331,136 | $95M | — | TRIM -27% |
| 69 | Cresset Asset Management, LLC | 329,555329,555 | $95M | — | TRIM -38% |
| 70 | Cambridge Investment Research Advisors, Inc. | 327,441327,441 | $94M | — | ADD 14% |
| 71 | CENTRAL TRUST Co | 314,554314,554 | $90M | — | ADD 6% |
| 72 | Pine Ridge Advisers LLC | 306,122306,122 | $88M | — | — |
| 73 | Nadler Financial Group, Inc. | 299,951299,951 | $86M | — | ADD 4% |
| 74 | TRUSTMARK BANK TRUST DEPARTMENT | 299,831299,831 | $86M | — | TRIM -6% |
| 75 | CBIZ Investment Advisory Services, LLC | 297,343297,343 | $85M | — | TRIM -53% |
| 76 | PRINCIPAL FINANCIAL GROUP INC | 293,738293,738 | $84M | — | ADD 45% |
| 77 | Capital Asset Advisory Services LLC | 1,021,1551.0M | $79M | — | ADD 296% |
| 78 | &PARTNERS | 270,338270,338 | $78M | — | ADD 7% |
| 79 | ASSETMARK, INC | 269,885269,885 | $78M | — | TRIM -19% |
| 80 | PITTENGER & ANDERSON INC | 261,130261,130 | $75M | — | TRIM -7% |
| 81 | Betterment LLC | 258,040258,040 | $74M | — | — |
| 82 | Smithfield Trust Co | 254,864254,864 | $73M | — | — |
| 83 | SilverOak Wealth Management LLC | 253,783253,783 | $73M | — | ADD 4% |
| 84 | Associated Banc-Corp | 253,498253,498 | $73M | — | ADD 8% |
| 85 | Performa Ltd (US), LLC | 249,449249,449 | $72M | — | ADD 17% |
| 86 | Schneider Downs Wealth Management Advisors, LP | 246,030246,030 | $71M | — | — |
| 87 | PEAPACK GLADSTONE FINANCIAL CORP | 245,379245,379 | $70M | — | — |
| 88 | PDS Planning, Inc | 233,271233,271 | $67M | — | ADD 2% |
| 89 | Thrivent Financial for Lutherans | 227,222227,222 | $65M | — | — |
| 90 | DAVENPORT & Co LLC | 224,445224,445 | $64M | — | ADD 16% |
| 91 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 215,385215,385 | $62M | — | TRIM -9% |
| 92 | Private Advisor Group, LLC | 209,756209,756 | $60M | — | TRIM -5% |
| 93 | CITIZENS FINANCIAL GROUP INC/RI | 207,492207,492 | $60M | — | ADD 4% |
| 94 | AMG National Trust Bank | 199,553199,553 | $57M | — | ADD 16% |
| 95 | LEAVELL INVESTMENT MANAGEMENT, INC. | 193,401193,401 | $56M | — | — |
| 96 | Connecticut Wealth Management, LLC | 192,964192,964 | $55M | — | TRIM -9% |
| 97 | Steward Partners Investment Advisory, LLC | 191,884191,884 | $55M | — | ADD 10% |
| 98 | Sanctuary Advisors, LLC | 191,846191,846 | $55M | — | — |
| 99 | Focus Partners Wealth | 199,341199,341 | $53M | — | ADD 4% |
| 100 | Venture Visionary Partners LLC | 185,999185,999 | $53M | — | TRIM -17% |
Rows rank by the value each filer reported — 13F filers price their own positions, so a holder with fewer shares can rank just above one with more.
| Holder | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| WELLS FARGO & COMPANY/MN | 22.4M | 24.0M | 24.8M | 26.2M | 27.0M | 27.8M | $8.0B |
| JONES FINANCIAL COMPANIES LLLP | 17.4M | 18.4M | 21.0M | 23.0M | 21.5M | 26.3M | $7.4B |
| BANK OF AMERICA CORP /DE/ | 16.6M | 16.6M | 17.3M | 17.5M | 18.1M | 18.1M | $5.2B |
| UBS Group AG | 5.6M | 5.6M | 5.7M | 5.5M | 5.6M | 13.4M | $3.8B |
| MORGAN STANLEY | 7.7M | 8.0M | 8.0M | 8.2M | 8.5M | 8.6M | $2.5B |
| Creative Planning | 8.1M | 8.2M | 8.4M | 8.3M | 8.4M | 8.3M | $2.4B |
| RAYMOND JAMES FINANCIAL INC | 6.1M | 6.2M | 6.6M | 6.7M | 7.1M | 7.5M | $2.2B |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 5.8M | 6.3M | 6.7M | 6.0M | 6.2M | 6.3M | $1.8B |
| ENVESTNET ASSET MANAGEMENT INC | 2.8M | 3.2M | 3.2M | 2.8M | 2.6M | 5.9M | $1.7B |
| US BANCORP \DE\ | 137K | 153K | 4.2M | 4.6M | 5.0M | 5.4M | $1.6B |
| LPL Financial LLC | 3.0M | 3.0M | 3.0M | 3.2M | 3.3M | 3.6M | $1.0B |
| AMERIPRISE FINANCIAL INC | 3.4M | 3.4M | 3.5M | 3.4M | 3.4M | 3.2M | $925M |
| MONETA GROUP INVESTMENT ADVISORS LLC | 563K | 653K | 765K | 2.2M | 2.4M | 9.9M | $714M |
| CIBC Bancorp USA Inc. | — | — | — | — | — | 2.5M | $704M |
| PNC FINANCIAL SERVICES GROUP, INC. | 2.4M | 2.4M | 2.3M | 2.3M | 2.3M | 2.4M | $677M |
Shares reported each quarter by the largest current holders. Green = added vs the prior filing, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Holder count only — too few computable %-of-shares-outstanding quarters for a % pane. Line breaks are quarters with no 13F record, never interpolated.
Short interest has its own tab now — open SI →
Source: SEC Form 13F — every institution manager (≥ $100M in 13F securities) reporting a long US-listed position, across ~10,250 filers over 10 years of history. 13F is long-only, US-listed, filed up to 45 days after quarter-end.
| Biggest buyers | Δ shares | Δ value | |
|---|---|---|---|
| UBS Group AG | +7,830,657 | $562M | ADD |
| MONETA GROUP INVESTMENT ADVISORS LLC | +7,589,428 | $545M | ADD |
| JONES FINANCIAL COMPANIES LLLP | +4,782,958 | $343M | ADD |
| ENVESTNET ASSET MANAGEMENT INC | +3,279,928 | $235M | ADD |
| CIBC Bancorp USA Inc. | +2,459,597 | $177M | OPEN |
| Biggest sellers | Δ shares | Δ value | |
|---|---|---|---|
| Envestnet Portfolio Solutions, Inc. | −2,760,291 | $198M | TRIM |
| CIBC Private Wealth Group LLC | −2,185,156 | $157M | CLOSE |
| TIAA TRUST, NATIONAL ASSOCIATION | −1,406,675 | $101M | TRIM |
| CITIGROUP INC | −1,226,903 | $88M | TRIM |
| Corient Private Wealth LLC | −568,291 | $41M | TRIM |
The 2025-Q4 register is as-filed in ITS OWN share basis; every count below was rebased into the 2026-Q1 basis (no split in between, factor 1). Dollar figures value the SHARE delta at one price — the 2026-03-31 close — rather than differencing two filings' own reported values, which would mix the quarter's price move into the trade figure.
13Fs disclose LONG US-listed positions only — shorts, most derivatives, bonds and non-US listings are invisible here, and a filer's quarter-over-quarter change is not necessarily a trade (index rebalances, in-kind transfers and entity successions all read as flow).
| Quarter | Holders | Shares held | % shares out | Value held |
|---|---|---|---|---|
| 2026-Q1 | 2,368 | 241,506,387 | — | $65.2B |
| 2025-Q4 | 2,358 | 214,255,822 | — | $62.1B |
| 2025-Q3 | 2,214 | 208,563,228 | — | $61.2B |
| 2025-Q2 | 2,165 | 201,987,785 | — | $56.5B |
| 2025-Q1 | 2,122 | 184,540,094 | — | $47.6B |
| 2024-Q4 | 2,133 | 177,411,481 | — | $46.9B |
| 2024-Q3 | 1,928 | 172,099,730 | — | $45.3B |
| 2024-Q2 | 1,881 | 168,906,889 | — | $40.8B |
| 2024-Q1 | 1,859 | 181,065,380 | — | $45.2B |
| 2023-Q4 | 1,826 | 178,956,430 | — | $40.3B |
| 2023-Q3 | 1,648 | 159,292,484 | — | $33.2B |
| 2023-Q2 | 1,651 | 157,932,109 | — | $34.7B |
| 2023-Q1 | 1,616 | 157,009,802 | — | $32.8B |
| 2022-Q4 | 1,616 | 155,818,736 | — | $31.7B |
| 2022-Q3 | 1,499 | 150,775,819 | — | $28.4B |
| 2022-Q2 | 1,516 | 149,946,741 | — | $29.5B |
| 2022-Q1 | 1,572 | 143,941,254 | — | $34.2B |
| 2021-Q4 | 1,577 | 142,230,462 | — | $36.2B |
| 2021-Q3 | 1,353 | 135,108,784 | — | $31.4B |
| 2021-Q2 | 1,327 | 133,413,785 | — | $30.5B |
| 2021-Q1 | 1,272 | 126,338,939 | — | $28.0B |
| 2020-Q4 | 1,219 | 124,697,538 | — | $25.8B |
| 2020-Q3 | 1,056 | 127,427,500 | — | $22.5B |
| 2020-Q2 | 1,051 | 126,749,745 | — | $20.7B |
| 2020-Q1 | 986 | 112,658,649 | — | $14.8B |
| 2019-Q4 | 1,025 | 97,901,216 | — | $17.4B |
| 2019-Q3 | 887 | 97,131,016 | — | $16.3B |
| 2019-Q2 | 889 | 91,294,642 | — | $15.3B |
| 2019-Q1 | 862 | 92,254,182 | — | $14.8B |
| 2018-Q4 | 842 | 90,882,610 | — | $12.6B |
| 2018-Q3 | 769 | 87,161,328 | — | $14.2B |
| 2018-Q2 | 766 | 85,178,210 | — | $13.1B |
| 2018-Q1 | 755 | 80,732,636 | — | $12.4B |
| 2017-Q4 | 747 | 75,629,974 | — | $11.7B |
| 2017-Q3 | 641 | 73,130,402 | — | $10.7B |
| 2017-Q2 | 637 | 72,400,636 | — | $10.3B |
| 2017-Q1 | 614 | 73,450,912 | — | $10.2B |
| 2016-Q4 | 567 | 68,145,626 | — | $9.0B |
| 2016-Q3 | 493 | 57,684,876 | — | $7.5B |
| 2016-Q2 | 476 | 55,567,018 | — | $6.9B |
| 2016-Q1 | 457 | 56,918,717 | — | $6.9B |
| 2015-Q4 | 449 | 52,653,917 | — | $6.3B |
| 2015-Q3 | 402 | 47,894,078 | — | $5.6B |
| 2015-Q2 | 396 | 44,539,079 | — | $5.7B |
| 2015-Q1 | 388 | 39,956,157 | — | $5.4B |
| 2014-Q4 | 364 | 34,705,301 | — | $4.3B |
| 2014-Q3 | 317 | 29,820,974 | — | $3.5B |
| 2014-Q2 | 309 | 27,688,785 | — | $3.3B |
| 2014-Q1 | 309 | 25,623,304 | — | $3.0B |
| 2013-Q4 | 290 | 23,632,309 | — | $2.7B |
| 2013-Q3 | 247 | 22,080,785 | — | $2.3B |
| 2013-Q2 | 238 | 19,735,297 | — | $1.9B |
| 2013-Q1 | 15 | 304,669 | — | $28M |
