Vanguard Large-Cap

VV • ARCA

Vanguard Large-Cap is an exchange-traded fund on ARCA. As of Q3 2025, 1,241 institutional investors hold shares in this ETF, with total holdings valued at $31.9B. JONES FINANCIAL COMPANIES LLLP is the largest holder with a position valued at $5.3B.

Overview

Overview of institutional ownership in VV as of Q3 2025

All Institutions

Institutions: 1,241
Value Held: $31.9B
Shares Held: 103.7M
Avg Position: $25.7M
Median Position: $1.0M

Hedge Funds

Hedge Funds: 16
Value Held: $240.0M
Shares Held: 779.5K
Avg Position: $15.0M
Median Position: $1.9M

Biggest Investors

Institutions with the largest positions in VV as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
J JONES FINANCIAL COMPANIES LLLP Institution	-	$5.3B 3.62% of portfolio	17.3M shares	≤ Q2 2013 Held for 12y 6m+	$146.70B
Creative Planning RIA/Wealth	Peter Alex Mallouk CEO	$3.8B 2.92% of portfolio	12.4M shares	≤ Q2 2013 Held for 12y 6m+	$130.86B
N National Mutual Insurance Federation of Agricultural Cooperatives Institution	-	$2.0B 15.28% of portfolio	6.5M shares	Q4 2017 Held for 8 years	$13.2B
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.1B 0.02% of portfolio	3.7M shares	Q1 2014 Held for 11y 9m	$6.69T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$871.8M 0.05% of portfolio	2.8M shares	≤ Q2 2013 Held for 12y 6m+	$1.65T
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$868.2M 0.07% of portfolio	2.8M shares	≤ Q2 2013 Held for 12y 6m+	$1.33T
N NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Institution	-	$845.2M 0.56% of portfolio	2.7M shares	≤ Q2 2013 Held for 12y 6m+	$149.83B
UBS Group AG Institution	Sergio P. Ermotti CEO	$694.9M 0.14% of portfolio	2.3M shares	Q4 2014 Held for 11 years	$511.60B
PNC FINANCIAL SERVICES GROUP, INC. Institution	William S. Demchak CEO	$648.4M 0.39% of portfolio	2.1M shares	≤ Q2 2013 Held for 12y 6m+	$164.84B
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	Omar Aguilar Chavez CEO	$596.8M 0.10% of portfolio	1.9M shares	Q1 2020 Held for 5y 9m	$620.51B

Net Capital Flow

Institutional buying and selling activity for VV in Q3 2025

Traded: +$329.6M
Buyers: 458
Sellers: 473
Total Bought: +$975.1M
Total Sold: −$645.6M
Avg Position: $24.9M

Biggest Buyers

Institution	Net Bought	Current Position
V VANTAGEPOINT INVESTMENT ADVISERS LLC Institution	+$200.7M +651.8K shares	$200.7M 651.8K shares
J JONES FINANCIAL COMPANIES LLLP Institution	+$164.5M +536.2K shares	$5.3B 17.3M shares
Wealthquest Corp RIA/Wealth	+$142.3M +462.2K shares	$363.5M 1.2M shares
Janney Montgomery Scott LLC RIA/Wealth	+$26.8M +86.9K shares	$26.8M 86.9K shares
VANGUARD GROUP INC Institution	+$26.2M +85.1K shares	$1.1B 3.7M shares
NORTHERN TRUST CORP Institution	+$24.0M +78.0K shares	$38.7M 125.8K shares
Y Yeomans Consulting Group, Inc. Institution	+$22.7M +73.3K shares	$31.3M 101.4K shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	+$21.1M +68.6K shares	$21.1M 68.6K shares
GOLDMAN SACHS GROUP INC Institution	+$17.1M +55.6K shares	$110.8M 360.0K shares
Mariner Wealth Advisors, LLC RIA/Wealth	+$15.0M +48.7K shares	$176.7M 574.0K shares

Biggest Sellers

Institution	Net Sold	Current Position
Balentine LLC RIA/Wealth	−$147.9M −480.4K shares	$38.1M 123.7K shares
Gibraltar Capital Management, Inc. RIA/Wealth	−$70.6M −229.2K shares	$11.6M 37.7K shares
Creative Planning RIA/Wealth	−$60.6M −196.9K shares	$3.8B 12.4M shares
BANK OF AMERICA CORP /DE/ Institution	−$32.8M −106.6K shares	$868.2M 2.8M shares
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	−$32.5M −105.5K shares	$443.2M 1.4M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$30.3M −98.5K shares	$17.8M 57.9K shares
Sontag Advisory, LLC RIA/Wealth	−$17.2M −55.9K shares	$320.5M 1.0M shares
Wealthfront Advisers LLC RIA/Wealth	−$14.0M −45.4K shares	$228.4M 741.8K shares
A ATRIA INVESTMENTS LLC Institution	−$12.6M −41.1K shares	$11.3M 36.7K shares
C Catalyst Capital Advisors LLC Institution	−$10.4M −33.8K shares	$122.8M 398.9K shares

Entry and Exit Activity

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

New Positions: 50
New Value: $249.1M
Exited Positions: 39
Exited Value: $20.0M

New Positions

Institution	Position Value
V VANTAGEPOINT INVESTMENT ADVISERS LLC Institution	$200.7M 651.8K shares
WELLINGTON MANAGEMENT CO LLP Long Only Manager	$21.1M 68.6K shares
N NorthCrest Asset Manangement, LLC Long Only Manager	$9.7M 31.3K shares
J Jump Financial, LLC Institution	$5.3M 17.1K shares
A Austin Wealth Management, LLC RIA/Wealth	$1.7M 5.4K shares
ENTREWEALTH, LLC RIA/Wealth	$1.7M 5.4K shares
ENDEAVOR PRIVATE WEALTH, INC. RIA/Wealth	$1.4M 4.5K shares
KW WEALTH MANAGEMENT LLC RIA/Wealth	$1.0M 3.3K shares
V Vise Technologies, Inc. Institution	$651.7K 2.1K shares
UNIVEST CORP OF PENNSYLVANIA Institution	$370.4K 1.2K shares

Exited Positions

Institution	Previous Position
SoundView Advisors Inc. RIA/Wealth	$3.7M 13.0K shares
Hershey Financial Advisers, LLC RIA/Wealth	$1.6M 5.6K shares
SRS Capital Advisors, Inc. RIA/Wealth	$1.5M 546.0 shares
HORIZON BANCORP INC /IN/ RIA/Wealth	$1.4M 4.8K shares
SUMMIT WEALTH GROUP LLC / CO RIA/Wealth	$1.3M 4.6K shares
B Berkshire Money Management, Inc. Institution	$1.3M 4.5K shares
True North Advisors, LLC RIA/Wealth	$1.1M 3.7K shares
CATALYST FINANCIAL PARTNERS LLC RIA/Wealth	$741.8K 2.6K shares
P PKS Advisory Services, LLC RIA/Wealth	$546.3K 2.2K shares
Three Bridge Wealth Advisors, LLC RIA/Wealth	$519.4K 1.8K shares

Options Activity

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

Call Positions: 4
Call Value: $6.1M
Put Positions: 3
Put Value: $1.9M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$3.8M 122.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$1.8M 57.0 contracts
J JANE STREET GROUP, LLC Institution	$307.9K 10.0 contracts
W WOLVERINE TRADING, LLC Institution	$245.5K 8.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$1.8M 60.0 contracts
BANK OF AMERICA CORP /DE/ Institution	$30.8K 1.0 contracts
Creative Planning RIA/Wealth	$1.1K 7.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
JFG Wealth Management, LLC RIA/Wealth	Brandon Carroll Johnson CEO	46.23% $236.0M	766.7K shares	Q4 2018 Held for 7 years	$510.6M
Johnson Financial Group, LLC RIA/Wealth	Brandon Carroll Johnson CEO	45.14% $493.7M	1.6M shares	Q4 2018 Held for 7 years	$1.1B
Addis & Hill, Inc RIA/Wealth	Justin J Hill President	39.32% $64.5M	208.7K shares	Q4 2023 Held for 2 years	$164.0M
Mason & Associates, LLC RIA/Wealth	Michael Ray Mason Chairman	33.79% $134.6M	471.7K shares	Q2 2024 Held for 1y 6m	$398.3M
Wealthquest Corp RIA/Wealth	Wade Keith Daniel CEO	29.00% $363.5M	1.2M shares	Q2 2020 Held for 5y 6m	$1.3B
JUNCTURE WEALTH STRATEGIES, LLC RIA/Wealth	Barry Scott Rhonemus CEO	24.55% $73.3M	238.0K shares	Q1 2023 Held for 2y 9m	$298.5M
James Reed Financial Services, Inc. RIA/Wealth	Amanda Elizabeth Lisachenko President	23.69% $26.4M	85.8K shares	Q4 2024 Held for 1 year	$111.5M
James J. Burns & Company, LLC RIA/Wealth	James Joseph Burns CEO	23.40% $157.0M	509.9K shares	Q3 2022 Held for 3y 3m	$670.8M
McCarthy Grittinger Financial Group, LLC RIA/Wealth	Matthew T. Miler Managing Partner	22.26% $91.3M	296.6K shares	Q4 2018 Held for 7 years	$410.3M
Voya Financial Advisors, Inc. RIA/Wealth	Jonathan Francis Reilly President	20.47% $212.2M	691.5K shares	Q1 2017 Held for 8y 9m	$1.0B

Hedge Fund Spotlight

Discover hedge funds investing in VV

AQR CAPITAL MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerJohn Mihn Soo Liew

Portfolio Value: $156.17B
Positions: 3,454
Last Reported: Q3 2025

Sector Allocation

Position in Vanguard Large-Cap

Market Value: $31.8M
Shares Held: 103.2K
Portfolio Weight: 0.02%
Owned Since: 2024-Q3

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$4.1B	2.62%
2 Microsoft MSFT	Software - Infrastructure Technology	$3.2B	2.05%
3 Apple AAPL	Consumer Electronics Technology	$2.8B	1.76%