Vanguard Materials ETF
403 hedge funds and large institutions have $1.34B invested in Vanguard Materials ETF in 2025 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 131 increasing their positions, 114 reducing their positions, and 29 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
121% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 29
38% more call options, than puts
Call options by funds: $602K | Put options by funds: $436K
15% more repeat investments, than reductions
Existing positions increased: 131 | Existing positions reduced: 114
9% more funds holding
Funds holding: 371 → 403 (+32)
4% more capital invested
Capital invested by funds: $1.29B → $1.34B (+$57.6M)
0.04% more ownership
Funds ownership: 47% → 47.03% (+0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$21.2M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
+$11.9M |
| 3 |
PL
Polianta Ltd
St Helier,
Jersey
|
+$8.95M |
| 4 |
Empower Advisory Group
Greenwood Village,
Colorado
|
+$7.88M |
| 5 |
MHS
M Holdings Securities
Portland,
Oregon
|
+$5.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCMIO
Beacon Capital Management Inc (Ohio)
Dayton,
Ohio
|
-$11.1M |
| 2 |
Morgan Stanley
New York
|
-$11.1M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.48M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$4.03M |
| 5 |
TFP
TrueWealth Financial Partners
Bellevue,
Washington
|
-$2.89M |
VAW Hedge Fund Activity: Q4 2025 in Review
403 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Vanguard Materials ETF (VAW) for Q4 2025, worth a combined $1.34B — up 4.5% from $1.29B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new VAW positions and 29 closed out — a net gain of 35 holders — while 131 added to existing stakes and 114 trimmed.
The largest buyer was Ameritas Advisory Services, adding an estimated $21.2M. The largest seller was Beacon Capital Management Inc (Ohio), cutting an estimated $11.1M.
- 403 institutional investors held Vanguard Materials ETF (VAW) as of Q4 2025, up from 371 in Q3 2025.
- Funds reported $1.34B of Vanguard Materials ETF stock for Q4 2025, up 4.5% quarter-over-quarter.
- 64 funds opened new Vanguard Materials ETF positions in Q4 2025 and 29 closed out, a net change of +35 holders.
- The largest Vanguard Materials ETF buyer in Q4 2025 was Ameritas Advisory Services, an estimated $21.2M added.
- The largest Vanguard Materials ETF seller in Q4 2025 was Beacon Capital Management Inc (Ohio), an estimated $11.1M sold.
Based on aggregated 13F filings for Q4 2025.