Vanguard Morningstar Small-Cap Value ETF
1,562 hedge funds and large institutions have $16.7B invested in Vanguard Morningstar Small-Cap Value ETF in 2025 Q2 according to their latest regulatory filings, with 137 funds opening new positions, 519 increasing their positions, 618 reducing their positions, and 85 closing their positions.
1,634% more call options, than puts
Call options by funds: $10.5M | Put options by funds: $605K
61% more first-time investments, than exits
New positions opened: 137 | Existing positions closed: 85
2% more funds holding
Funds holding: 1,529 → 1,562 (+33)
3% more capital invested
Capital invested by funds: $16.2B → $16.7B (+$463M)
0.65% less ownership
Funds ownership: 57.45% → 56.81% (-0.65%)
7% less funds holding in top 10
Funds holding in top 10: 105 → 98 (-7)
16% less repeat investments, than reductions
Existing positions increased: 519 | Existing positions reduced: 618
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAS
Park Avenue Securities
New York
|
+$74.5M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$60.4M |
| 3 |
WL
WIT LLC
District Of Columbia,
District of Columbia
|
+$46.3M |
| 4 |
AssetMark Inc
Concord,
California
|
+$34.4M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$30.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$328M |
| 2 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$114M |
| 3 |
Jones Financial Companies
Des Peres,
Missouri
|
-$46M |
| 4 |
UOMF
University of Maryland Foundation
Adelphi,
Maryland
|
-$38.8M |
| 5 |
CFFP
Center for Financial Planning
Southfied,
Michigan
|
-$34.4M |
VBR Hedge Fund Activity: Q2 2025 in Review
1,562 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Vanguard Morningstar Small-Cap Value ETF (VBR) for Q2 2025, worth a combined $16.7B — up 2.9% from $16.2B a quarter earlier.
Buyers outnumbered sellers: 137 funds opened new VBR positions and 85 closed out — a net gain of 52 holders — while 519 added to existing stakes and 618 trimmed.
The largest buyer was Park Avenue Securities, opening a new position worth an estimated $74.5M. The largest seller was Bank of America, cutting an estimated $328M.
- 1,562 institutional investors held Vanguard Morningstar Small-Cap Value ETF (VBR) as of Q2 2025, up from 1,529 in Q1 2025.
- Funds reported $16.7B of Vanguard Morningstar Small-Cap Value ETF stock for Q2 2025, up 2.9% quarter-over-quarter.
- 137 funds opened new Vanguard Morningstar Small-Cap Value ETF positions in Q2 2025 and 85 closed out, a net change of +52 holders.
- The largest Vanguard Morningstar Small-Cap Value ETF buyer in Q2 2025 was Park Avenue Securities, an estimated $74.5M added.
- The largest Vanguard Morningstar Small-Cap Value ETF seller in Q2 2025 was Bank of America, an estimated $328M sold.
Based on aggregated 13F filings for Q2 2025.