VNQ
Vanguard Real Estate ETF · Financial Services · Asset Management
Momentum inputs (comparable managers):
holder breadth +11.1% ·
share flow +16.9% ·
net new positions +10.0%
— formula
Broad accumulation — rising shares across more holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 100 | +7 | 142.18M | $13.72B | +12 | −5 |
| Q1 2026 | 94 | +1 | 137.94M | $12.23B | +5 | −4 |
| Q4 2025 | 93 | +1 | 138.30M | $12.24B | +1 | — |
| Q3 2025 | 13 | 0 | 31.49M | $2.88B | +2 | −2 |
| Q2 2025 | 10 | +1 | 2.62M | $233.67M | +3 | −2 |
| Q1 2025 | 6 | -2 | 1.87M | $168.90M | — | −2 |
| Q4 2024 | 8 | -1 | 1.93M | $171.61M | — | −1 |
| Q3 2024 | 8 | +2 | 822.96K | $80.17M | +3 | −1 |
| Q2 2024 | 6 | — | 792.14K | $66.35M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | State Street Global Advisors ✦ (passive) | 1.59M | +735.2% | $141.86M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 2 | D. E. Shaw & Co. ✦ | 583.84K | -60.2% | $52.00M | 0.1% | ▼ Trim | 5 | SEC ↗ |
| 3 | Fidelity (FMR) ✦ | 263.40K | — | $23.46M | 0.0% | n/c | 1 | SEC ↗ |
| 4 | Fidelity (FMR) ✦ | 263.40K | — | $23.46M | 0.0% | n/c | 1 | SEC ↗ |
| 5 | BlackRock ✦ (passive) | 97.74K | — | $8.70M | 0.0% | n/c | 1 | SEC ↗ |
| 6 | BlackRock ✦ (passive) | 97.74K | — | $8.70M | 0.0% | n/c | 1 | SEC ↗ |
| 7 | BlackRock ✦ (passive) | 97.74K | — | $8.70M | 0.0% | n/c | 1 | SEC ↗ |
| 8 | Wellington Management ✦ | 39.25K | New | $3.50M | 0.0% | New | 1 | SEC ↗ |
| 9 | The Vanguard Group ✦ (passive) | 17.81K | — | $1.59M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | The Vanguard Group ✦ (passive) | 17.81K | — | $1.59M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | AQR Capital Management ✦ | 9.86K | +14.4% | $878,260 | 0.0% | ▲ Add | 4 | SEC ↗ |
| 12 | AQR Capital Management ✦ | 9.86K | +14.4% | $878,260 | 0.0% | ▲ Add | 4 | SEC ↗ |
| 13 | Marshall Wace ✦ | 8.40K | New | $748,104 | 0.0% | New | 1 | SEC ↗ |
| 14 | Fisher Asset Management ✦ | 7.09K | -26.4% | $631,332 | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 15 | Renaissance Technologies ✦ | 3.50K | New | $311,710 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Wellington Management | $3.50M | 0.0% |
| Marshall Wace | $748,104 | 0.0% |
| Renaissance Technologies | $311,710 | 0.0% |
Exited
| Citadel Advisors | $16.35M | was 0.0% |
| Millennium Management | $917,351 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 1,757 holders, 221.64M shares, $18.83B 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.