Vanguard Small-Cap ETF
2,194 hedge funds and large institutions have $39.5B invested in Vanguard Small-Cap ETF in 2025 Q3 according to their latest regulatory filings, with 138 funds opening new positions, 880 increasing their positions, 831 reducing their positions, and 66 closing their positions.
169% more call options, than puts
Call options by funds: $17.2M | Put options by funds: $6.39M
109% more first-time investments, than exits
New positions opened: 138 | Existing positions closed: 66
1% more funds holding
Funds holding: 2,164 → 2,194 (+30)
6% more repeat investments, than reductions
Existing positions increased: 880 | Existing positions reduced: 831
5% more capital invested
Capital invested by funds: $37.8B → $39.5B (+$1.71B)
1% more funds holding in top 10
Funds holding in top 10: 184 → 185 (+1)
0.93% less ownership
Funds ownership: 59.63% → 58.7% (-0.93%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$235M |
| 2 |
GC
Grimes & Company
Westborough,
Massachusetts
|
+$123M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$111M |
| 4 |
Mercer Global Advisors
Denver,
Colorado
|
+$92.4M |
| 5 |
State Street
Boston,
Massachusetts
|
+$60.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jones Financial Companies
Des Peres,
Missouri
|
-$1.07B |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$215M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$197M |
| 4 |
WA
Waterford Advisors
Orchard Park,
New York
|
-$94M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$61.5M |
VB Hedge Fund Activity: Q3 2025 in Review
2,194 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Vanguard Small-Cap ETF (VB) for Q3 2025, worth a combined $39.5B — up 4.5% from $37.8B a quarter earlier.
Buyers outnumbered sellers: 138 funds opened new VB positions and 66 closed out — a net gain of 72 holders — while 880 added to existing stakes and 831 trimmed.
The largest buyer was Focus Partners Wealth, adding an estimated $235M. The largest seller was Jones Financial Companies, cutting an estimated $1.07B.
- 2,194 institutional investors held Vanguard Small-Cap ETF (VB) as of Q3 2025, up from 2,164 in Q2 2025.
- Funds reported $39.5B of Vanguard Small-Cap ETF stock for Q3 2025, up 4.5% quarter-over-quarter.
- 138 funds opened new Vanguard Small-Cap ETF positions in Q3 2025 and 66 closed out, a net change of +72 holders.
- The largest Vanguard Small-Cap ETF buyer in Q3 2025 was Focus Partners Wealth, an estimated $235M added.
- The largest Vanguard Small-Cap ETF seller in Q3 2025 was Jones Financial Companies, an estimated $1.07B sold.
Based on aggregated 13F filings for Q3 2025.