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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
Wells Fargo
201
Wells Fargo
California
$1.83K +$1.81K +24 New
GC
202
Gould Capital
Washington
$983 – – –
ASN
203
Advisory Services Network
Georgia
$529 +$528 +7 New
JP Morgan Chase
204
JP Morgan Chase
New York
$69 -$1.02M -13,502 Closed
SC
205
Sykon Capital
New York
– -$11.1M -146,991 Closed
BCM
206
Basso Capital Management
Connecticut
– -$3.78M -50,000 Closed
CIM
207
Cambria Investment Management
California
– -$2.93M -38,864 Closed
KPWS
208
Kestra Private Wealth Services
Texas
– -$1.57M -20,795 Closed
BNP Paribas Financial Markets
209
BNP Paribas Financial Markets
France
– -$1.31M -17,361 Closed
AIA
210
Arbor Investment Advisors
North Carolina
– -$473K -6,264 Closed
GS
211
GTS Securities
New York
– -$303K -4,015 Closed
PCM
212
PenderFund Capital Management
British Columbia, Canada
– -$295K -3,900 Closed
Susquehanna International Group
213
Susquehanna International Group
Pennsylvania
– -$228K -3,016 Closed
TW
214
Traveka Wealth
California
– -$203K -2,690 Closed
CA
215
Clearstead Advisors
Ohio
– -$80K -1,059 Closed
FDCDDQ
216
Federation des caisses Desjardins du Quebec
Quebec, Canada
– -$57.6K -762 Closed
EB
217
Eastern Bank
Massachusetts
– -$4.99K -66 Closed
Bank of Montreal
218
Bank of Montreal
Ontario, Canada
– -$1.06K -14 Closed
5 6 7 8
9

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.