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.
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%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAG
Armstrong Advisory Group
Needham,
Massachusetts
|
+$95M |
| 2 |
EAM
Evanson Asset Management
Carmel,
California
|
+$79.3M |
| 3 |
BAG
Bridgewealth Advisory Group
Fresno,
California
|
+$46.5M |
| 4 |
BFA
Bragg Financial Advisors
Charlotte,
North Carolina
|
+$45.7M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$4.08M |
| 2 |
RAG
RIA Advisory Group
Des Moines,
Iowa
|
-$3.41M |
| 3 |
CI
Ceera Investments
Bellaire,
Texas
|
-$1.33M |
| 4 |
GS
GTS Securities
New York
|
-$1.14M |
| 5 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$1.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
126
Clearstead Advisors
Cleveland,
Ohio
| $80K | +$79.8K | +1,059 | New |
|
|
TIM
127
Tortoise Investment Management
White Plains,
New York
| $70.3K | – | – | – |
|
|
FDCDDQ
128
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $57.6K | +$57.4K | +762 | New |
|
|
CAL
129
Capital Advisors Ltd
Shaker Heights,
Ohio
| $41K | -$34.5K | -458 | -46% |
|
|
DWM
130
Dogwood Wealth Management
Lenexa,
Kansas
| $30.4K | +$23.9K | +317 | +369% |
|
|
HBW
131
Hazlett, Burt & Watson
Wheeling,
West Virginia
| $11K | +$75 | +1 | +0.7% |
|
|
EB
132
Eastern Bank
Boston,
Massachusetts
| $4.99K | +$4.98K | +66 | New |
|
133
Bank of Montreal
Toronto,
Ontario, Canada
| $1.06K | +$1.05K | +14 | New |
|
|
GC
134
Gould Capital
Tacoma,
Washington
| $982 | +$980 | +13 | New |
|
|
RAG
135
RIA Advisory Group
Des Moines,
Iowa
| – | -$3.41M | -45,171 | Closed |
|
|
WEG
136
World Equity Group
Schaumburg,
Illinois
| – | -$702K | -9,305 | Closed |
|
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.