Vanguard US Multifactor ETF
VFMF
77 hedge funds and large institutions have $214M invested in Vanguard US Multifactor ETF in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 15 reducing their positions, and 7 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 15
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
23% more capital invested
Capital invested by funds: $173M → $214M (+$40.2M)
7.97% more ownership
Funds ownership: 48.12% → 56.09% (+8%)
1% more funds holding
Funds holding: 76 → 77 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTWM
Brass Tax Wealth Management
Cincinnati,
Ohio
|
+$23.1M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.13M |
| 3 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
+$820K |
| 4 |
BSSFA
Baron Silver Stevens Financial Advisors
Boca Raton,
Florida
|
+$705K |
| 5 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
+$675K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.07M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$888K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$788K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$608K |
| 5 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$206K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Citigroup
New York
| $144 | +$139 | +1 | New |
|
77
Wells Fargo
San Francisco,
California
| $89 | -$29.8K | -214 | -100% |
|
|
78
Citadel Advisors
Miami,
Florida
| – | -$1.07M | -7,945 | Closed |
|
|
OMC
79
Old Mission Capital
Chicago,
Illinois
| – | -$888K | -6,603 | Closed |
|
|
80
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$788K | -5,861 | Closed |
|
|
KPWS
81
Kestra Private Wealth Services
Austin,
Texas
| – | -$206K | -1,535 | Closed |
|
|
IA
82
IFP Advisors
Tampa,
Florida
| – | -$8.07K | -60 | Closed |
|
83
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$6.05K | -45 | Closed |
|
|
FFA
84
Frazier Financial Advisors
Columbus,
Ohio
| – | -$4.14K | -31 | Closed |
|
VFMF Hedge Fund Activity: Q3 2025 in Review
77 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Vanguard US Multifactor ETF (VFMF) for Q3 2025, worth a combined $214M — up 23% from $173M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new VFMF positions and 7 closed out — a net gain of 2 holders — while 33 added to existing stakes and 15 trimmed.
The largest buyer was Brass Tax Wealth Management, opening a new position worth an estimated $23.1M. The largest seller was Citadel Advisors, exiting entirely with an estimated $1.07M sold.
- 77 institutional investors held Vanguard US Multifactor ETF (VFMF) as of Q3 2025, up from 76 in Q2 2025.
- Funds reported $214M of Vanguard US Multifactor ETF stock for Q3 2025, up 23% quarter-over-quarter.
- 9 funds opened new Vanguard US Multifactor ETF positions in Q3 2025 and 7 closed out, a net change of +2 holders.
- The largest Vanguard US Multifactor ETF buyer in Q3 2025 was Brass Tax Wealth Management, an estimated $23.1M added.
- The largest Vanguard US Multifactor ETF seller in Q3 2025 was Citadel Advisors, an estimated $1.07M sold.
Based on aggregated 13F filings for Q3 2025.