VBR
Vanguard Morningstar Small-Cap Value ETF · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth -14.3% ·
share flow -30.0% ·
net new positions -16.7%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 78 | +2 | 46.40M | $11.27B | +4 | −2 |
| Q1 2026 | 77 | +5 | 45.47M | $9.88B | +6 | −1 |
| Q4 2025 | 72 | -3 | 47.93M | $10.15B | — | −3 |
| Q3 2025 | 12 | +1 | 5.86M | $1.22B | +2 | −1 |
| Q2 2025 | 8 | -2 | 247.12K | $48.19M | — | −2 |
| Q1 2025 | 7 | +1 | 84.87K | $15.81M | +1 | — |
| Q4 2024 | 6 | 0 | 61.03K | $12.09M | +1 | −1 |
| Q3 2024 | 6 | -1 | 32.76K | $6.58M | +1 | −2 |
| Q2 2024 | 7 | — | 64.98K | $11.86M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Gotham Asset Management ✦ | 10.18K | 0.0% | $2.04M | 0.0% | Held | 2 | SEC ↗ |
| 2 | AQR Capital Management ✦ | 6.80K | +265.3% | $1.37M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 3 | AQR Capital Management ✦ | 6.80K | +265.3% | $1.37M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 4 | Wellington Management ✦ | 6.20K | 0.0% | $1.24M | 0.0% | Held | 2 | SEC ↗ |
| 5 | Millennium Management ✦ | 3.91K | -49.2% | $784,247 | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 6 | Renaissance Technologies ✦ | 3.50K | New | $702,730 | 0.0% | New | 1 | SEC ↗ |
| 7 | Citadel Advisors ✦ | 2.18K | -88.5% | $437,299 | 0.0% | ▼ Trim | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Renaissance Technologies | $702,730 | 0.0% |
Exited
| D. E. Shaw & Co. | $2.96M | was 0.0% |
| Fisher Asset Management | $716,778 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1,685 holders, 84.38M shares, $17.26B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.