VOX
Vanguard Communication Services ETF · Financial Services · Asset Management - Bonds
Momentum inputs (comparable managers):
holder breadth -3.1% ·
share flow -8.2% ·
net new positions -3.2%
— formula
Broad distribution — falling shares and fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 65 | +3 | 10.81M | $1.99B | +5 | −3 |
| Q1 2026 | 64 | 0 | 10.62M | $1.90B | +3 | −3 |
| Q4 2025 | 63 | -2 | 10.64M | $2.06B | +1 | −3 |
| Q3 2025 | 10 | 0 | 3.97M | $745.35M | — | — |
| Q2 2025 | 7 | +1 | 131.25K | $22.45M | +1 | — |
| Q1 2025 | 4 | +2 | 92.22K | $13.69M | +2 | — |
| Q4 2024 | 2 | -4 | 21.95K | $3.40M | — | −4 |
| Q3 2024 | 6 | +3 | 58.81K | $8.55M | +3 | — |
| Q2 2024 | 3 | — | 35.47K | $4.90M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Bank Of America Corp /De/ | 1.79M | — | $347.54M | 0.0% | n/c | 1 | SEC ↗ ×4 |
| 2 | JPMorgan Chase ✦ | 1.24M | -53.8% | $239.33M | 0.0% | ▼ Trim | 2 | SEC ↗ ×9 |
| 3 | Morgan Stanley ✦ | 1.07M | +0.9% | $207.75M | 0.0% | ▲ Add | 2 | SEC ↗ ×4 |
| 4 | Wells Fargo & Company/Mn | 813.33K | — | $157.49M | 0.0% | n/c | 1 | SEC ↗ ×4 |
| 5 | UBS Group AG | 712.38K | — | $137.94M | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 6 | Goldman Sachs Group ✦ | 674.66K | +489.4% | $130.64M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 7 | Ameriprise Financial Inc | 618.69K | — | $119.80M | 0.0% | n/c | 1 | SEC ↗ ×4 |
| 8 | Envestnet Asset Management Inc | 546.36K | — | $105.79M | 0.0% | n/c | 1 | SEC ↗ |
| 9 | LPL Financial LLC | 422.19K | — | $81.75M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | Empower Advisory Group, LLC | 277.83K | — | $53.80M | 0.1% | n/c | 1 | SEC ↗ |
| 11 | Raymond James Financial Inc | 256.20K | — | $49.61M | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 12 | Assetmark, Inc | 191.34K | — | $37.05M | 0.1% | n/c | 1 | SEC ↗ |
| 13 | Stifel Financial Corp | 189.96K | — | $36.78M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 14 | Lido Advisors, LLC | 173.77K | — | $33.10M | 0.1% | n/c | 1 | SEC ↗ |
| 15 | Corient Private Wealth LP | 149.72K | — | $28.99M | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 16 | Truist Financial Corp | 144.57K | — | $27.99M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 17 | Cetera Investment Advisers | 137.82K | — | $26.69M | 0.0% | n/c | 1 | SEC ↗ |
| 18 | Mercer Global Advisors Inc /Adv | 123.78K | — | $23.97M | 0.0% | n/c | 1 | SEC ↗ |
| 19 | Royal Bank Of Canada | 120.71K | — | $23.37M | 0.0% | n/c | 1 | SEC ↗ ×5 |
| 20 | Northwestern Mutual Wealth… | 101.09K | — | $19.57M | 0.0% | n/c | 1 | SEC ↗ |
| 21 | Manufacturers Life Insurance… | 94.81K | — | $18.36M | 0.0% | n/c | 1 | SEC ↗ |
| 22 | Osaic Holdings, Inc. | 80.63K | — | $15.63M | 0.0% | n/c | 1 | SEC ↗ ×5 |
| 23 | HighTower Advisors, LLC | 74.59K | — | $14.44M | 0.0% | n/c | 1 | SEC ↗ |
| 24 | Baird Financial Group, Inc. | 72.63K | — | $14.06M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 25 | Pnc Financial Services Group, Inc. | 61.96K | — | $12.00M | 0.0% | n/c | 1 | SEC ↗ ×5 |
| 26 | Rockefeller Capital Management L.P. | 61.71K | — | $11.95M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 27 | Bnp Paribas Financial Markets | 50.13K | — | $9.71M | 0.0% | n/c | 1 | SEC ↗ |
| 28 | Tudor Investment Corp Et Al | 47.77K | — | $9.25M | 0.1% | n/c | 1 | SEC ↗ |
| 29 | Quantinno Capital Management LP | 39.23K | — | $7.60M | 0.0% | n/c | 1 | SEC ↗ |
| 30 | Jones Financial Companies Lllp | 36.08K | — | $6.99M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 31 | Commonwealth Equity Services, Llc | 33.77K | — | $6.54M | 0.0% | n/c | 1 | SEC ↗ |
| 32 | Susquehanna International Group, Llp | 22.44K | — | $4.34M | 0.0% | n/c | 1 | SEC ↗ |
| 33 | Captrust Financial Advisors | 18.94K | — | $3.67M | 0.0% | n/c | 1 | SEC ↗ |
| 34 | Focus Partners Wealth | 16.73K | — | $3.24M | 0.0% | n/c | 1 | SEC ↗ |
| 35 | Mml Investors Services, Llc | 15.07K | — | $2.92M | 0.0% | n/c | 1 | SEC ↗ |
| 36 | Bank Of Montreal /Can/ | 14.91K | — | $2.89M | 0.0% | n/c | 1 | SEC ↗ ×6 |
| 37 | Bank Of Nova Scotia | 14.32K | — | $2.77M | 0.0% | n/c | 1 | SEC ↗ |
| 38 | Creative Planning | 14.19K | — | $2.75M | 0.0% | n/c | 1 | SEC ↗ |
| 39 | Fifth Third Bancorp | 13.54K | — | $2.62M | 0.0% | n/c | 1 | SEC ↗ |
| 40 | Mariner, LLC | 13.16K | — | $2.55M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 41 | Cerity Partners LLC | 9.71K | — | $1.88M | 0.0% | n/c | 1 | SEC ↗ |
| 42 | Fidelity (FMR) ✦ | 8.76K | +6.8% | $1.70M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 43 | AQR Capital Management ✦ | 6.95K | -0.5% | $1.35M | 0.0% | ▼ Trim | 7 | SEC ↗ ×2 |
| 44 | Citigroup Inc | 6.91K | — | $1.34M | 0.0% | n/c | 1 | SEC ↗ |
| 45 | BlackRock ✦ (passive) | 6.50K | +22.8% | $1.26M | 0.0% | ▲ Add | 3 | SEC ↗ ×2 |
| 46 | Gotham Asset Management ✦ | 5.76K | 0.0% | $1.12M | 0.0% | Held | 4 | SEC ↗ |
| 47 | Wealth Enhancement Advisory… | 5.75K | — | $1.12M | 0.0% | n/c | 1 | SEC ↗ |
| 48 | Northern Trust Corp | 5.66K | — | $1.10M | 0.0% | n/c | 1 | SEC ↗ ×2 |
| 49 | Bank of New York Mellon Corp | 4.80K | — | $930,032 | 0.0% | n/c | 1 | SEC ↗ ×4 |
| 50 | Financial Engines Advisors L.L.C. | 3.58K | — | $693,002 | 0.0% | n/c | 1 | SEC ↗ |
| 51 | Point72 Asset Management ✦ | 2.99K | New | $579,535 | 0.0% | New | 1 | SEC ↗ |
| 52 | Wealthfront Advisers LLC | 2.44K | — | $471,683 | 0.0% | n/c | 1 | SEC ↗ |
| 53 | UBS AM, a distinct business unit of… | 2.43K | — | $470,327 | 0.0% | n/c | 1 | SEC ↗ |
| 54 | Chevy Chase Trust Holdings, LLC | 2.40K | — | $465,294 | 0.0% | n/c | 1 | SEC ↗ |
| 55 | Qube Research & Technologies Ltd | 1.89K | — | $366,735 | 0.0% | n/c | 1 | SEC ↗ |
| 56 | Blair William & Co/Il | 1.58K | — | $305,550 | 0.0% | n/c | 1 | SEC ↗ |
| 57 | Cwm, Llc | 1.20K | — | $233,000 | 0.0% | n/c | 1 | SEC ↗ |
| 58 | Nomura Asset Management Co Ltd | 800 | — | $154,904 | 0.0% | n/c | 1 | SEC ↗ |
| 59 | Us Bancorp \De\ | 794 | — | $153,834 | 0.0% | n/c | 1 | SEC ↗ ×3 |
| 60 | Franklin Resources Inc | 505 | — | $97,783 | 0.0% | n/c | 1 | SEC ↗ |
| 61 | Deutsche Bank Ag\ | 180 | — | $34,853 | 0.0% | n/c | 1 | SEC ↗ |
| 62 | TD Waterhouse Canada Inc. | 75 | — | $14,520 | 0.0% | n/c | 1 | SEC ↗ |
| 63 | Russell Investments Group, Ltd. | 45 | — | $8,713 | 0.0% | n/c | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Point72 Asset Management | $579,535 | 0.0% |
Exited
| Two Sigma Investments | $10.68M | was 0.0% |
| Marshall Wace | $4.74M | was 0.0% |
| Citadel Advisors | $1.65M | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 493 holders, 15.51M shares, $2.75B 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.