Vanguard Mortgage-Backed Securities
VMBS • NASDAQ
Vanguard Mortgage-Backed Securities is an exchange-traded fund on NASDAQ. As of Q3 2025, 610 institutional investors hold shares in this ETF, with total holdings valued at $13.4B. BANK OF AMERICA CORP /DE/ is the largest holder with a position valued at $2.7B.
Overview
Overview of institutional ownership in VMBS as of Q3 2025
All Institutions
- Institutions
- 610
- Value Held
- $13.4B
- Shares Held
- 286.1M
- Avg Position
- $22.0M
- Median Position
- $957.5K
Hedge Funds
- Hedge Funds
- 9
- Value Held
- $52.3M
- Shares Held
- 1.1M
- Avg Position
- $5.8M
- Median Position
- $692.6K
Biggest Investors
Institutions with the largest positions in VMBS as of Q3 2025
| Institution | Position Value |
|---|---|
 BANK OF AMERICA CORP /DE/ Institution | $2.7B 0.20% of portfolio |
 JPMORGAN CHASE & CO Institution | $2.4B 0.15% of portfolio |
 ENVESTNET ASSET MANAGEMENT INC Long Only Manager | $1.0B 0.31% of portfolio |
 Bank of New York Mellon Corp Institution | $485.4M 0.09% of portfolio |
 GENWORTH FINANCIAL WEALTH MANAGEMENT, INC Long Only Manager | $415.1M 0.89% of portfolio |
 WELLS FARGO & COMPANY/MN Institution | $383.4M 0.08% of portfolio |
 MATHER GROUP, INC. RIA/Wealth | $318.3M 3.21% of portfolio |
S STIFEL FINANCIAL CORP Long Only Manager | $294.5M 0.27% of portfolio |
L LPL Financial LLC Institution | $289.0M 0.08% of portfolio |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | $264.3M 0.09% of portfolio |
Net Capital Flow
Institutional buying and selling activity for VMBS in Q3 2025
- Traded
- +$736.0M
- Buyers
- 353
- Sellers
- 220
- Total Bought
- +$935.3M
- Total Sold
- −$199.4M
- Avg Position
- $20.5M
Biggest Buyers
| Institution | Net Bought |
|---|---|
BANK OF AMERICA CORP /DE/ Institution | +$209.8M +4.5M shares |
 Angeles Investment Advisors, LLC Fund of Funds | +$90.3M +1.9M shares |
JPMORGAN CHASE & CO Institution | +$58.9M +1.3M shares |
ENVESTNET ASSET MANAGEMENT INC Long Only Manager | +$53.5M +1.1M shares |
WELLS FARGO & COMPANY/MN Institution | +$46.6M +992.3K shares |
W | +$32.3M +688.8K shares |
 SEVEN MILE ADVISORY RIA/Wealth | +$26.7M +567.6K shares |
S STIFEL FINANCIAL CORP Long Only Manager | +$19.6M +417.1K shares |
 Hartland & Co., LLC RIA/Wealth | +$17.6M +374.9K shares |
B Bell State Bank & Trust Institution | +$15.6M +331.9K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 DEUTSCHE BANK AG\ Institution | −$45.9M −990.0K shares |
 SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager | −$38.8M −826.1K shares |
 AMERIPRISE FINANCIAL INC Institution | −$22.2M −472.2K shares |
J JANE STREET GROUP, LLC Institution | −$7.7M −167.2K shares |
 F/M Investments LLC ETF Provider | −$6.2M −133.6K shares |
 Simplicity Wealth,LLC RIA/Wealth | −$4.1M −86.2K shares |
 Private Advisor Group, LLC RIA/Wealth | −$3.7M −78.6K shares |
F Fisher Asset Management, LLC Institution | −$3.4M −71.8K shares |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | −$2.9M −61.1K shares |
H HSBC HOLDINGS PLC Institution | −$2.8M −59.3K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited VMBS in Q3 2025
- New Positions
- 30
- New Value
- $130.3M
- Exited Positions
- 42
- Exited Value
- $70.7M
New Positions
| Institution | Position Value |
|---|---|
Angeles Investment Advisors, LLC Fund of Funds | $90.3M 1.9M shares |
SEVEN MILE ADVISORY RIA/Wealth | $26.7M 567.6K shares |
 Verdence Capital Advisors LLC RIA/Wealth | $3.0M 63.7K shares |
 LEUCADIA NATIONAL CORP Institution | $2.4M 52.1K shares |
 Main Street Financial Solutions, LLC RIA/Wealth | $1.6M 33.8K shares |
$1.4M 25.3K shares | |
 BERKSHIRE ASSET MANAGEMENT LLC/PA RIA/Wealth | $1.1M 22.9K shares |
 A4 Wealth Advisors LLC RIA/Wealth | $722.9K 15.4K shares |
 BAM Wealth Management, LLC RIA/Wealth | $632.9K 13.5K shares |
 Investment Research Partners LLC Hedge Fund•Multi-Strategy | $415.9K 8.8K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
DEUTSCHE BANK AG\ Institution | $45.9M 990.0K shares |
J JANE STREET GROUP, LLC Institution | $7.7M 167.2K shares |
F/M Investments LLC ETF Provider | $6.2M 133.6K shares |
C Clifford Group, LLC Institution | $1.8M 39.6K shares |
 True North Advisors, LLC RIA/Wealth | $1.5M 31.4K shares |
C Colony Group, LLC Institution | $1.1M 23.2K shares |
$741.7K 16.0K shares | |
 Kure Advisory, LLC RIA/Wealth | $635.3K 13.7K shares |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $574.7K 12.4K shares |
T TWO SIGMA SECURITIES, LLC Institution | $554.9K 12.0K shares |
Options Activity
Institutions with the largest Call and Put options positions in VMBS as of Q3 2025
- Call Positions
- 1
- Call Value
- -
- Put Positions
- 1
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | - - contracts |
Put Positions
| Institution | Position Value |
|---|---|
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | - - contracts |
Most Committed Institutions
Institutions with VMBS as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
 POWER WEALTH MANAGEMENT LLC RIA/Wealth | 11.39% $31.3M |
9.58% $19.6M | |
 Sterling Investment Management, Inc. RIA/Wealth | 9.14% $15.2M |
 Bell Investment Advisors, Inc RIA/Wealth | 7.69% $47.0M |
C Cravens & Co Advisors, LLC Institution | 6.91% $10.1M |
F Family CFO Inc RIA/Wealth | 6.46% $14.0M |
Angeles Investment Advisors, LLC Fund of Funds | 5.93% $90.3M |
 Dynamic Wealth Strategies, LLC RIA/Wealth | 5.51% $8.2M |
 Windward Private Wealth Management Inc. RIA/Wealth | 5.37% $15.6M |
O OneAscent Investment Solutions LLC Long Only Manager | 5.36% $5.0M |
Hedge Fund Spotlight
Discover hedge funds investing in VMBS
Solstein Capital, LLC
Hedge Fund • Value
Portfolio ManagerNadine F Terman
- Portfolio Value
- $218.5M
- Positions
- 447
- Last Reported
- Q3 2025
Sector Allocation
Position in Vanguard Mortgage-Backed Securities
- Market Value
- $704.0
- Shares Held
- 15.0
- Portfolio Weight
- 0.00%
- Owned Since
- 2025-Q2
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
ETF ETF | $18.6M | 8.50% | |
Consumer Electronics Technology | $16.9M | 7.73% | |
Software - Infrastructure Technology | $11.9M | 5.44% |
