Vanguard Energy

VDE • ARCA

Vanguard Energy is an exchange-traded fund on ARCA. As of Q3 2025, 582 institutional investors hold shares in this ETF, with total holdings valued at $2.4B. BANK OF AMERICA CORP /DE/ is the largest holder with a position valued at $249.8M.

Overview

Overview of institutional ownership in VDE as of Q3 2025

All Institutions

Institutions: 582
Value Held: $2.4B
Shares Held: 19.0M
Avg Position: $4.1M
Median Position: $520.9K

Hedge Funds

Hedge Funds: 7
Value Held: $15.8M
Shares Held: 125.6K
Avg Position: $2.3M
Median Position: $2.1M

Biggest Investors

Institutions with the largest positions in VDE as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$249.8M 0.02% of portfolio	2.0M shares	Q3 2022 Held for 3y 2m	$1.33T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$202.9M 0.01% of portfolio	1.6M shares	Q4 2022 Held for 2y 11m	$1.65T
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$139.4M 0.03% of portfolio	1.1M shares	Q4 2022 Held for 2y 11m	$488.50B
UBS Group AG Institution	Sergio P. Ermotti CEO	$130.9M 0.03% of portfolio	1.0M shares	Q3 2022 Held for 3y 2m	$511.54B
Beacon Capital Management, Inc. RIA/Wealth	Emily Marlene Damman President	$111.7M 5.33% of portfolio	887.1K shares	Q4 2022 Held for 2y 11m	$2.1B
Wealthfront Advisers LLC RIA/Wealth	Andrew Samuel Rachleff CEO	$107.3M 0.25% of portfolio	852.9K shares	Q4 2022 Held for 2y 11m	$42.6B
L LPL Financial LLC Institution	-	$100.8M 0.03% of portfolio	801.0K shares	Q4 2022 Held for 2y 11m	$340.07B
M MANUFACTURERES LIFE INSURANCE CO Institution	-	$98.5M 0.08% of portfolio	782.8K shares	Q1 2022 Held for 3y 8m	$120.17B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$62.8M 0.02% of portfolio	498.6K shares	Q4 2022 Held for 2y 11m	$341.99B
Green Harvest Asset Management LLC Long Only Manager	Stuart Sherman Parker CEO	$43.6M 0.67% of portfolio	346.2K shares	Q4 2022 Held for 2y 11m	$6.5B

Net Capital Flow

Institutional buying and selling activity for VDE in Q3 2025

Traded: +$26.5M
Buyers: 258
Sellers: 244
Total Bought: +$161.7M
Total Sold: −$135.2M
Avg Position: $3.8M

Biggest Buyers

Institution	Net Bought	Current Position
Beacon Capital Management, Inc. RIA/Wealth	+$16.7M +132.9K shares	$111.7M 887.1K shares
Q Quadrature Capital Ltd Institution	+$15.9M +126.0K shares	$15.9M 126.0K shares
L LPL Financial LLC Institution	+$12.8M +101.7K shares	$100.8M 801.0K shares
Cetera Investment Advisers RIA/Wealth	+$9.5M +75.6K shares	$35.9M 285.4K shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	+$8.9M +71.1K shares	$62.8M 498.6K shares
C Coconut Grove Bank Institution	+$7.6M +60.7K shares	$8.2M 64.9K shares
A Advisor Group Holdings, Inc. Institution	+$6.8M +53.4K shares	$27.4M 216.4K shares
MML INVESTORS SERVICES, LLC RIA/Wealth	+$6.3M +1.3K shares	$6.3M 49.8K shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	+$5.1M +40.2K shares	$18.8M 149.5K shares
S SWAN Capital LLC RIA/Wealth	+$4.1M +33.0K shares	$10.4M 82.6K shares

Biggest Sellers

Institution	Net Sold	Current Position
WELLS FARGO & COMPANY/MN Institution	−$16.1M −127.8K shares	$139.4M 1.1M shares
BANK OF AMERICA CORP /DE/ Institution	−$15.8M −125.9K shares	$249.8M 2.0M shares
C CI Private Wealth, LLC RIA/Wealth	−$15.8M −125.3K shares	$3.6M 28.3K shares
M MANUFACTURERES LIFE INSURANCE CO Institution	−$9.8M −78.0K shares	$98.5M 782.8K shares
ALTFEST L J & CO INC RIA/Wealth	−$9.4M −75.0K shares	$984.1K 7.8K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	−$6.8M −54.2K shares	$1.5M 12.0K shares
Wealthfront Advisers LLC RIA/Wealth	−$3.7M −29.7K shares	$107.3M 852.9K shares
H HC Advisors, LLC RIA/Wealth	−$3.0M −24.9K shares	Sold Off 0 shares
UBS Group AG Institution	−$2.9M −22.8K shares	$130.9M 1.0M shares
M My Personal CFO, LLC RIA/Wealth	−$2.7M −23.1K shares	Sold Off 0 shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited VDE in Q3 2025

New Positions: 26
New Value: $11.1M
Exited Positions: 48
Exited Value: $16.2M

New Positions

Institution	Position Value
MML INVESTORS SERVICES, LLC RIA/Wealth	$6.3M 49.8K shares
F Financial Engines Advisors L.L.C. Institution	$608.2K 4.8K shares
K Klingman & Associates, LLC RIA/Wealth	$592.4K 4.7K shares
C Coppell Advisory Solutions LLC RIA/Wealth	$391.9K 3.1K shares
Stokes Family Office, LLC Family Office	$391.4K 3.1K shares
ARGONAUTICA PRIVATE WEALTH MANAGEMENT, INC RIA/Wealth	$379.6K 3.0K shares
Fountainhead AM, LLC RIA/Wealth	$320.8K 2.5K shares
Quadcap Wealth Management, LLC RIA/Wealth	$301.3K 2.4K shares
Gateway Wealth Partners, LLC RIA/Wealth	$292.8K 2.3K shares
BBR PARTNERS, LLC Family Office	$270.2K 2.1K shares

Exited Positions

Institution	Previous Position
H HC Advisors, LLC RIA/Wealth	$3.0M 24.9K shares
M My Personal CFO, LLC RIA/Wealth	$2.7M 23.1K shares
Eqis Capital Management, Inc. RIA/Wealth	$1.9M 15.7K shares
J JANE STREET GROUP, LLC Institution	$1.2M 10.0K shares
SRS Capital Advisors, Inc. RIA/Wealth	$1.2M 9.9K shares
G GTS SECURITIES LLC Institution	$917.1K 7.7K shares
Financial Advocates Investment Management RIA/Wealth	$606.0K 5.1K shares
Park Square Financial Group, LLC RIA/Wealth	$381.8K 3.2K shares
Ted Buchan & Co RIA/Wealth	$362.3K 3.0K shares
C CARY STREET PARTNERS FINANCIAL LLC Institution	$341.3K 2.9K shares

Options Activity

Institutions with the largest Call and Put options positions in VDE as of Q3 2025

Call Positions: 5
Call Value: $15.2M
Put Positions: 5
Put Value: $11.0M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$8.1M 640.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.1M 249.0 contracts
C Cubist Systematic Strategies, LLC Institution	$3.0M 236.0 contracts
J JANE STREET GROUP, LLC Institution	$994.3K 79.0 contracts
Sequoia Financial Advisors, LLC RIA/Wealth	- - contracts

Put Positions

Institution	Position Value
C Cubist Systematic Strategies, LLC Institution	$4.8M 378.0 contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.2M 257.0 contracts
J JANE STREET GROUP, LLC Institution	$1.4M 111.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$830.7K 66.0 contracts
W WOLVERINE TRADING, LLC Institution	$788.6K 62.0 contracts

Most Committed Institutions

Institutions with VDE as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
ALLEN WEALTH MANAGEMENT, LLC RIA/Wealth	Jonathan Chesley Allen Member	8.18% $12.1M	95.9K shares	Q4 2023 Held for 1y 11m	$147.5M
TrueWealth Financial Partners RIA/Wealth	Patrick Bruce Severson Managing Partner	5.63% $11.0M	87.6K shares	Q4 2022 Held for 2y 11m	$196.0M
Beacon Capital Management, Inc. RIA/Wealth	Emily Marlene Damman President	5.33% $111.7M	887.1K shares	Q4 2022 Held for 2y 11m	$2.1B
Richmond Brothers, Inc. RIA/Wealth	Matthew Jeremy Curfman President	4.44% $7.0M	55.8K shares	Q3 2024 Held for 1y 2m	$158.4M
S SWAN Capital LLC RIA/Wealth	Andrew Scott Mcnair CCO	4.22% $10.4M	82.6K shares	Q3 2023 Held for 2y 2m	$246.6M
B Boxwood Ventures, Inc. Institution	-	3.89% $3.5M	27.7K shares	Q4 2023 Held for 1y 11m	$89.8M
GoalFusion Wealth Management, LLC RIA/Wealth	Cary Patrick Laudadio Managing Partner	3.23% $6.8M	53.8K shares	Q4 2022 Held for 2y 11m	$209.4M
Indie Asset Partners, LLC RIA/Wealth	Grady J. Gaynor CEO	2.75% $2.1M	16.4K shares	Q4 2022 Held for 2y 11m	$75.1M
CMH Wealth Management LLC RIA/Wealth	Brian Patrick Carolan CIO	2.73% $12.0M	95.6K shares	Q4 2022 Held for 2y 11m	$440.5M
U Uptown Financial Advisors LLC RIA/Wealth	James Kemp Sawers President	2.66% $3.0M	24.1K shares	Q4 2024 Held for 11 months	$113.8M

Hedge Fund Spotlight

Discover hedge funds investing in VDE

Quantinno Capital Management LP

Hedge Fund • Market Neutral

Portfolio ManagerHoon Nmn Kim

Portfolio Value: $36.6B
Positions: 2,911
Last Reported: Q3 2025

Sector Allocation

Position in Vanguard Energy

Market Value: $4.1M
Shares Held: 32.6K
Portfolio Weight: 0.01%
Owned Since: 2024-Q2

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$2.1B	5.71%
2 Apple AAPL	Consumer Electronics Technology	$1.9B	5.06%
3 Microsoft MSFT	Software - Infrastructure Technology	$1.4B	3.93%