We are live on ! Find out more
VBIL

Vanguard 0-3 Month Treasury Bill ETF
VBIL

203 hedge funds and large institutions have $1.44B invested in Vanguard 0-3 Month Treasury Bill ETF in 2025 Q3 according to their latest regulatory filings, with 84 funds opening new positions, 87 increasing their positions, 21 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

460% more first-time investments, than exits

New positions opened: 84 | Existing positions closed: 15

314% more repeat investments, than reductions

Existing positions increased: 87 | Existing positions reduced: 21

92% more capital invested

Capital invested by funds: $748M → $1.44B (+$689M)

51% more funds holding

Funds holding: 134 → 203 (+69)

38% more funds holding in top 10

Funds holding in top 10: 13 → 18 (+5)

3.88% more ownership

Funds ownership: 50.24% → 54.12% (+3.9%)

Holders
203
Holders Change
+69
Holders Change %
+51.49%
% of All Funds
2.66%
Holding in Top 10
18
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+38.46%
% of All Funds
0.24%
New
84
Increased
87
Reduced
21
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
OA
Oxbow Advisors
Texas
+$157M
2
Bank of America
Bank of America
North Carolina
+$56.9M
3
GA
Greenhaven Associates
New York
+$37.7M
4
Truist Financial
Truist Financial
North Carolina
+$31.4M
5
TRCT
Tower Research Capital (TRC)
New York
+$29.2M

Top Sellers

1
SC
Sykon Capital
New York
-$11.1M
2
Citadel Advisors
Citadel Advisors
Florida
-$6.7M
3
Raymond James Financial
Raymond James Financial
Florida
-$6.1M
4
BCM
Basso Capital Management
Connecticut
-$3.78M
5
AC
Apella Capital
Connecticut
-$3.1M
Name Holding Trade Value Shares
Change 		Change in
Stake
RWM
26
Rialto Wealth Management
New York
$14.4M +$3.55M +46,986 +33%
AQR Capital Management
27
AQR Capital Management
Connecticut
$13.8M +$13.8M +183,128 New
RWI
28
Red Wave Investments
Pennsylvania
$13.7M +$6.9M +91,458 +101%
Envestnet Asset Management
29
Envestnet Asset Management
Illinois
$13.6M +$2.63M +34,806 +24%
WMWM
30
Whitaker-Myers Wealth Managers
Ohio
$13.3M +$13.2M +175,424 New
Morgan Stanley
31
Morgan Stanley
New York
$12.8M +$12.8M +169,729 New
RYIA
32
Roehl & Yi Investment Advisors
Oregon
$12.7M +$12.7M +167,969 New
FPCP
33
Fort Point Capital Partners
California
$10M +$8.72M +115,575 +667%
LPL Financial
34
LPL Financial
California
$9.48M +$9.46M +125,372 New
Jane Street
35
Jane Street
New York
$8.93M +$1.29M +17,151 +17%
AF
36
Abound Financial
California
$8.5M +$8.49M +112,418 New
NW
37
NewEdge Wealth
Pennsylvania
$8.46M +$2.66M +35,292 +46%
AC
38
Apella Capital
Connecticut
$7.91M -$3.1M -41,023 -28%
MWA
39
Mills Wealth Advisors
Texas
$7.38M +$6.42M +85,059 +677%
HA
40
Hanover Advisors
South Carolina
$6.65M -$2.56M -33,941 -28%
RAS
41
RPS Advisory Solutions
Kentucky
$6.62M +$2.96M +39,202 +81%
CCA
42
Cypress Capital Advisors
Tennessee
$6.39M -$616K -8,161 -9%
APC
43
Asset Planning Corporation
Tennessee
$5.49M +$5.48M +72,582 New
UCFA
44
United Capital Financial Advisors
Texas
$5.29M +$943K +12,492 +22%
PS
45
Planned Solutions
California
$5.22M +$217K +2,880 +4%
CI
46
Ceera Investments
Texas
$5.21M -$1.9M -25,201 -27%
WCWM
47
Willow Creek Wealth Management
California
$5.21M +$2.67M +35,317 +105%
MWM
48
Maltin Wealth Management
New Jersey
$5.2M +$866K +11,478 +20%
PA
49
PFW Advisors
Georgia
$5.2M +$3.7M +48,951 +247%
MWM
50
Modern Wealth Management
Kansas
$4.99M +$4.98M +65,937 New
1
2
3 4 5

VBIL Hedge Fund Activity: Q3 2025 in Review

203 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Vanguard 0-3 Month Treasury Bill ETF (VBIL) for Q3 2025, worth a combined $1.44B — up 92% from $748M a quarter earlier.

Buyers outnumbered sellers: 84 funds opened new VBIL positions and 15 closed out — a net gain of 69 holders — while 87 added to existing stakes and 21 trimmed.

The largest buyer was Oxbow Advisors, opening a new position worth an estimated $157M. The largest seller was Sykon Capital, exiting entirely with an estimated $11.1M sold.

  • 203 institutional investors held Vanguard 0-3 Month Treasury Bill ETF (VBIL) as of Q3 2025, up from 134 in Q2 2025.
  • Funds reported $1.44B of Vanguard 0-3 Month Treasury Bill ETF stock for Q3 2025, up 92% quarter-over-quarter.
  • 84 funds opened new Vanguard 0-3 Month Treasury Bill ETF positions in Q3 2025 and 15 closed out, a net change of +69 holders.
  • The largest Vanguard 0-3 Month Treasury Bill ETF buyer in Q3 2025 was Oxbow Advisors, an estimated $157M added.
  • The largest Vanguard 0-3 Month Treasury Bill ETF seller in Q3 2025 was Sykon Capital, an estimated $11.1M sold.

Based on aggregated 13F filings for Q3 2025.