Vanguard Emerging Markets Government Bond

VWOB • NASDAQ

Vanguard Emerging Markets Government Bond is an exchange-traded fund on NASDAQ. As of Q3 2025, 379 institutional investors hold shares in this ETF, with total holdings valued at $3.5B. JPMORGAN CHASE & CO is the largest holder with a position valued at $273.6M.

Overview

Overview of institutional ownership in VWOB as of Q3 2025

All Institutions

Institutions: 379
Value Held: $3.5B
Shares Held: 51.9M
Avg Position: $9.2M
Median Position: $1.0M

Hedge Funds

Hedge Funds: 4
Value Held: $20.0M
Shares Held: 299.5K
Avg Position: $5.0M
Median Position: $3.7M

Biggest Investors

Institutions with the largest positions in VWOB as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$273.6M 0.02% of portfolio	4.1M shares	Q4 2015 Held for 9y 11m	$1.56T
S SEI INVESTMENTS CO Institution	-	$251.3M 0.27% of portfolio	3.8M shares	Q3 2021 Held for 4y 2m	$93.0B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$246.0M 0.02% of portfolio	3.7M shares	≤ Q2 2013 Held for 12y 5m+	$1.33T
Betterment LLC RIA/Wealth	Sarah Kirshbaum Levy CEO	$221.8M 0.47% of portfolio	3.3M shares	Q4 2014 Held for 10y 11m	$47.3B
R ROYAL BANK OF CANADA Institution	-	$202.0M 0.04% of portfolio	3.0M shares	≤ Q2 2013 Held for 12y 5m+	$542.04B
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$137.8M 0.04% of portfolio	2.1M shares	Q1 2014 Held for 11y 8m	$341.99B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$117.9M 0.01% of portfolio	1.8M shares	Q3 2013 Held for 12y 2m	$1.65T
AMERIPRISE FINANCIAL INC Institution	Jim Cracchiolo CEO	$107.1M 0.02% of portfolio	1.6M shares	Q3 2013 Held for 12y 2m	$433.11B
Bank of New York Mellon Corp Institution	Robin Vince CEO	$90.1M 0.02% of portfolio	1.3M shares	Q3 2017 Held for 8y 2m	$556.34B
Savant Capital, LLC RIA/Wealth	Brent Raymond Brodeski CEO	$89.3M 0.47% of portfolio	1.3M shares	Q2 2019 Held for 6y 5m	$18.9B

Net Capital Flow

Institutional buying and selling activity for VWOB in Q3 2025

Net Flow: −$501.5M
Buyers: 186
Sellers: 137
Total Bought: +$532.7M
Total Sold: −$1.0B
Avg Position: $8.9M

Biggest Buyers

Institution	Net Bought	Current Position
Betterment LLC RIA/Wealth	+$123.5M +1.8M shares	$221.8M 3.3M shares
BANK OF AMERICA CORP /DE/ Institution	+$50.7M +757.3K shares	$246.0M 3.7M shares
MORGAN STANLEY RIA/Wealth	+$32.9M +491.9K shares	$117.9M 1.8M shares
AMERIPRISE FINANCIAL INC Institution	+$32.4M +485.0K shares	$107.1M 1.6M shares
JPMORGAN CHASE & CO Institution	+$32.2M +480.8K shares	$273.6M 4.1M shares
MERCER GLOBAL ADVISORS INC /ADV RIA/Wealth	+$27.8M +416.1K shares	$27.8M 416.1K shares
HighTower Advisors, LLC RIA/Wealth	+$20.9M +312.9K shares	$27.8M 416.1K shares
S SUMITOMO LIFE INSURANCE CO Institution	+$17.8M +265.8K shares	$25.2M 376.0K shares
D D. E. Shaw & Co., Inc. Institution	+$14.8M +221.8K shares	$38.6M 577.5K shares
T Toroso Investments, LLC ETF Provider	+$12.1M +182.2K shares	$19.5M 293.2K shares

Biggest Sellers

Institution	Net Sold	Current Position
J JONES FINANCIAL COMPANIES LLLP Institution	−$968.3M −14.5M shares	$33.0M 493.5K shares
C CI Private Wealth, LLC RIA/Wealth	−$22.9M −350.8K shares	Sold Off 0 shares
Simplicity Wealth,LLC RIA/Wealth	−$3.2M −47.6K shares	$3.0M 44.4K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	−$2.9M −43.8K shares	Sold Off 0 shares
Geneos Wealth Management Inc. RIA/Wealth	−$2.8M −42.3K shares	Sold Off 0 shares
Oversea-Chinese Banking CORP Ltd Real Assets	−$2.7M −41.4K shares	Sold Off 0 shares
V Versant Capital Management, Inc RIA/Wealth	−$2.5M −37.8K shares	$2.4M 35.8K shares
Axiom Financial Strategies, LLC RIA/Wealth	−$2.4M −36.9K shares	Sold Off 0 shares
Royal Fund Management, LLC RIA/Wealth	−$2.4M −35.3K shares	$2.4M 35.9K shares
AllGen Financial Advisors, Inc. RIA/Wealth	−$2.1M −31.6K shares	Sold Off 0 shares

Entry and Exit Activity

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

New Positions: 29
New Value: $80.0M
Exited Positions: 37
Exited Value: $42.4M

New Positions

Institution	Position Value
A ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP Institution	$25.9M 387.8K shares
Greystone Financial Group, LLC RIA/Wealth	$21.7M 325.0K shares
DIAM Co., Ltd. Long Only Manager	$4.5M 67.5K shares
MMA ASSET MANAGEMENT LLC Pension/Endowment	$4.1M 60.7K shares
PLANWISER FINANCIAL, LLC RIA/Wealth	$4.0M 59.0K shares
C Colony Group, LLC Institution	$3.6M 53.9K shares
STATE STREET CORP Institution	$2.8M 41.1K shares
Compass Financial Group, Inc. RIA/Wealth	$2.5M 36.8K shares
LifeGoal Wealth Advisors Fund of Funds	$2.2M 33.5K shares
INTL FCSTONE INC. Institution	$1.7M 26.1K shares

Exited Positions

Institution	Previous Position
C CI Private Wealth, LLC RIA/Wealth	$22.9M 350.8K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	$2.9M 43.8K shares
Geneos Wealth Management Inc. RIA/Wealth	$2.8M 42.3K shares
Oversea-Chinese Banking CORP Ltd Real Assets	$2.7M 41.4K shares
Axiom Financial Strategies, LLC RIA/Wealth	$2.4M 36.9K shares
AllGen Financial Advisors, Inc. RIA/Wealth	$2.1M 31.6K shares
B Buttonwood Financial Group, LLC RIA/Wealth	$1.7M 25.6K shares
Q Quadrature Capital Ltd Institution	$966.3K 14.8K shares
Duncan Williams Asset Management, LLC RIA/Wealth	$497.3K 7.6K shares
Werba Rubin Papier Wealth Management RIA/Wealth	$447.4K 6.8K shares

Options Activity

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

Call Positions: 1
Call Value: -
Put Positions: 2
Put Value: $7.6M

Call Positions

Institution	Position Value
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$5.5M 821.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$2.2M 322.0 contracts

Most Committed Institutions

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

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Financial Alternatives, Inc RIA/Wealth	James Alan Freeman President	8.35% $13.8M	206.1K shares	Q4 2022 Held for 2y 11m	$165.1M
Virtus Family Office LLC Family Office	Norma Angelica Peralta Morales CCO	4.83% $5.1M	76.8K shares	Q3 2022 Held for 3y 2m	$106.4M
North Ridge Wealth Advisors, Inc. RIA/Wealth	Brian John Lawrence Owner	4.82% $8.4M	126.0K shares	Q1 2023 Held for 2y 8m	$174.8M
REGIMEN WEALTH, LLC RIA/Wealth	Ian Alexandre Weinstein CEO	4.50% $15.1M	226.2K shares	Q1 2023 Held for 2y 8m	$336.4M
K KITCHING PARTNERS, LLC RIA/Wealth	Stephen Richard Kitching Managing Partner	4.35% $4.6M	68.9K shares	Q3 2024 Held for 1y 2m	$105.9M
A Ameraudi Asset Management, Inc. RIA/Wealth	George Joseph Audi President	3.43% $5.6M	84.3K shares	Q1 2023 Held for 2y 8m	$164.3M
BlueSky Wealth Advisors, LLC RIA/Wealth	David Laurence Blain Managing Partner	3.41% $25.3M	377.9K shares	Q1 2020 Held for 5y 8m	$741.6M
Greystone Financial Group, LLC RIA/Wealth	Todd Robinson Moss CCO	3.38% $21.7M	325.0K shares	Q3 2025 Held for 2 months	$643.1M
PLANWISER FINANCIAL, LLC RIA/Wealth	Joel Robert Top President	3.19% $4.0M	59.0K shares	Q3 2025 Held for 2 months	$124.6M
Marion Wealth Management RIA/Wealth	Jeffrey Donald Lott Managing Partner	3.07% $12.9M	193.3K shares	Q3 2022 Held for 3y 2m	$421.6M

Hedge Fund Spotlight

Discover hedge funds investing in VWOB

AQR CAPITAL MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDavid Gary Kabiller

Portfolio Value: $156.17B
Positions: 3,453
Last Reported: Q3 2025

Sector Allocation

Position in Vanguard Emerging Markets Government Bond

Market Value: $991.5K
Shares Held: 14.8K
Portfolio Weight: 0.00%
Owned Since: 2025-Q2

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%