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VBIL

Vanguard 0-3 Month Treasury Bill ETF
VBIL

134 hedge funds and large institutions have $748M invested in Vanguard 0-3 Month Treasury Bill ETF in 2025 Q2 according to their latest regulatory filings, with 88 funds opening new positions, 34 increasing their positions, 10 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

4,300% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 2

740% more capital invested

Capital invested by funds: $89M → $748M (+$659M)

333% more funds holding in top 10

Funds holding in top 10: 3 → 13 (+10)

240% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 10

173% more funds holding

Funds holding: 49 → 134 (+85)

32.76% more ownership

Funds ownership: 17.49% → 50.24% (+33%)

Holders
134
Holders Change
+85
Holders Change %
+173.47%
% of All Funds
1.76%
Holding in Top 10
13
Holding in Top 10 Change
+10
Holding in Top 10 Change %
+333.33%
% of All Funds
0.17%
New
88
Increased
34
Reduced
10
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AAG
Armstrong Advisory Group
Massachusetts
+$95M
2
EAM
Evanson Asset Management
California
+$79.3M
3
BAG
Bridgewealth Advisory Group
California
+$46.5M
4
BFA
Bragg Financial Advisors
North Carolina
+$45.7M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$37M

Top Sellers

Rank Fund Capital Flow
1
BAM
Belpointe Asset Management
Nevada
-$4.08M
2
RAG
RIA Advisory Group
Iowa
-$3.41M
3
CI
Ceera Investments
Texas
-$1.33M
4
GS
GTS Securities
New York
-$1.14M
5
ACM
Avalon Capital Management
California
-$1.05M
Name Holding Trade Value Shares
Change 		Change in
Stake
FT
101
Fiduciary Trust
Massachusetts
$400K +$400K +5,300 New
DAS
102
Diversify Advisory Services
Utah
$388K +$388K +5,144 New
Corient Private Wealth
103
Corient Private Wealth
Florida
$380K +$379K +5,027 New
MFG
104
Merit Financial Group
Georgia
$334K +$1.96K +26 +0.6%
CTI
105
Community Trust & Investment
Kentucky
$332K +$75K +995 +29%
FAG
106
Financial Architects (Georgia)
Georgia
$327K +$1.89K +25 +0.6%
AHC
107
Anderson Hoagland & Co
Missouri
$326K +$325K +4,310 New
CP
108
Castleview Partners
Texas
$325K +$324K +4,303 New
GS
109
GTS Securities
New York
$303K -$1.14M -15,126 -79%
PCM
110
PenderFund Capital Management
British Columbia, Canada
$295K +$294K +3,900 New
MML Investors Services
111
MML Investors Services
Massachusetts
$260K +$259K +3,437 New
NA
112
NewEdge Advisors
Louisiana
$257K +$256K +3,397 New
SP
113
Successful Portfolios
Florida
$256K +$255K +3,385 New
CPA
114
Cardiff Park Advisors
California
$240K +$240K +3,182 New
HF
115
HRT Financial
New York
$234K +$234K +3,100 New
Susquehanna International Group
116
Susquehanna International Group
Pennsylvania
$228K +$227K +3,016 New
FPAS
117
Focus Partners Advisor Solutions
Missouri
$225K +$225K +2,982 New
TWM
118
Thrive Wealth Management
Pennsylvania
$217K +$216K +2,867 New
LWMNY
119
Landmark Wealth Management (New York)
New York
$214K +$213K +2,827 New
GP
120
Geneva Partners
Wisconsin
$212K +$211K +2,805 New
PVI
121
Pine Valley Investments
New Jersey
$205K +$205K +2,715 New
TW
122
Traveka Wealth
California
$203K +$203K +2,690 New
JIC
123
Joel Isaacson & Co
New York
$202K +$202K +2,680 New
RA
124
Rise Advisors
New York
$150K +$150K +1,992 New
SIS
125
Strategic Investment Solutions
Illinois
$93.7K +$93.5K +1,240 New
2 3 4
5
6

VBIL Hedge Fund Activity: Q2 2025 in Review

134 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Vanguard 0-3 Month Treasury Bill ETF (VBIL) for Q2 2025, worth a combined $748M — up 740% from $89M a quarter earlier.

Buyers outnumbered sellers: 88 funds opened new VBIL positions and 2 closed out — a net gain of 86 holders — while 34 added to existing stakes and 10 trimmed.

The largest buyer was Armstrong Advisory Group, opening a new position worth an estimated $95M. The largest seller was Belpointe Asset Management, cutting an estimated $4.08M.

  • 134 institutional investors held Vanguard 0-3 Month Treasury Bill ETF (VBIL) as of Q2 2025, up from 49 in Q1 2025.
  • Funds reported $748M of Vanguard 0-3 Month Treasury Bill ETF stock for Q2 2025, up 740% quarter-over-quarter.
  • 88 funds opened new Vanguard 0-3 Month Treasury Bill ETF positions in Q2 2025 and 2 closed out, a net change of +86 holders.
  • The largest Vanguard 0-3 Month Treasury Bill ETF buyer in Q2 2025 was Armstrong Advisory Group, an estimated $95M added.
  • The largest Vanguard 0-3 Month Treasury Bill ETF seller in Q2 2025 was Belpointe Asset Management, an estimated $4.08M sold.

Based on aggregated 13F filings for Q2 2025.