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Vanguard Short-Term Treasury ETF

943 hedge funds and large institutions have $14.9B invested in Vanguard Short-Term Treasury ETF in 2025 Q2 according to their latest regulatory filings, with 95 funds opening new positions, 410 increasing their positions, 317 reducing their positions, and 70 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more call options, than puts

Call options by funds: $7.35M | Put options by funds: $4.5M

36% more first-time investments, than exits

New positions opened: 95 | Existing positions closed: 70

29% more repeat investments, than reductions

Existing positions increased: 410 | Existing positions reduced: 317

1% more funds holding

Funds holding: 930943 (+13)

1% less funds holding in top 10

Funds holding in top 10: 117116 (-1)

3% less capital invested

Capital invested by funds: $15.3B → $14.9B (-$398M)

2.48% less ownership

Funds ownership: 68.55%66.07% (-2.5%)

Holders
943
Holders Change
+13
Holders Change %
+1.4%
% of All Funds
12.42%
Holding in Top 10
116
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-0.85%
% of All Funds
1.53%
New
95
Increased
410
Reduced
317
Closed
70
Calls
$7.35M
Puts
$4.5M
Net Calls
+$2.85M
Net Calls Change
-$1.83M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
1
JP Morgan Chase
New York
$1.49B -$1.06B -18,154,689 -42%
Morgan Stanley
2
Morgan Stanley
New York
$1.2B -$104M -1,775,262 -8%
Bank of America
3
Bank of America
North Carolina
$514M +$107M +1,827,364 +26%
OWM
4
Orgel Wealth Management
Wisconsin
$429M -$13.8M -235,091 -3%
Northern Trust
5
Northern Trust
Illinois
$393M +$25M +427,068 +7%
Goldman Sachs
6
Goldman Sachs
New York
$350M +$22.9M +391,184 +7%
Baird Financial Group
7
Baird Financial Group
Wisconsin
$338M +$52.6M +898,635 +19%
SCM
8
SCS Capital Management
Massachusetts
$252M -$3.95M -67,500 -2%
State Street
9
State Street
Massachusetts
$244M -$20.5M -350,000 -8%
NP
10
NorthRock Partners
Minnesota
$241M +$14.3M +243,362 +6%
RWP
11
RWA Wealth Partners
Massachusetts
$230M +$144M +2,452,449 +168%
Wells Fargo
12
Wells Fargo
California
$222M +$39.4M +672,960 +22%
Cerity Partners
13
Cerity Partners
New York
$216M +$650K +11,101 +0.3%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$194M +$17.9M +304,817 +10%
Raymond James Financial
15
Raymond James Financial
Florida
$187M +$30.8M +526,654 +20%
M&T Bank
16
M&T Bank
New York
$186M -$4.57M -77,940 -2%
Ameriprise
17
Ameriprise
Minnesota
$161M +$1.39M +23,754 +0.9%
PCIG
18
Partners Capital Investment Group
Massachusetts
$154M -$110M -1,874,713 -42%
UBS Group
19
UBS Group
Switzerland
$142M +$35.6M +607,671 +34%
LPL Financial
20
LPL Financial
California
$137M +$3.48M +59,392 +3%
STA
21
Summit Trail Advisors
New York
$136M -$2.85M -48,740 -2%
PFA
22
Pure Financial Advisors
California
$126M +$7.23M +123,505 +6%
ST
23
Smithfield Trust
Pennsylvania
$120M -$132K -2,261 -0.1%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$120M -$17.8M -304,276 -13%
Cetera Investment Advisers
25
Cetera Investment Advisers
Illinois
$119M +$711K +12,136 +0.6%

VGSH Hedge Fund Activity: Q2 2025 in Review

943 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Vanguard Short-Term Treasury ETF (VGSH) for Q2 2025, worth a combined $14.9B — down 2.6% from $15.3B a quarter earlier.

Buyers outnumbered sellers: 95 funds opened new VGSH positions and 70 closed out — a net gain of 25 holders — while 410 added to existing stakes and 317 trimmed.

The largest buyer was RWA Wealth Partners, adding an estimated $144M. The largest seller was JP Morgan Chase, cutting an estimated $1.06B.

  • 943 institutional investors held Vanguard Short-Term Treasury ETF (VGSH) as of Q2 2025, up from 930 in Q1 2025.
  • Funds reported $14.9B of Vanguard Short-Term Treasury ETF stock for Q2 2025, down 2.6% quarter-over-quarter.
  • 95 funds opened new Vanguard Short-Term Treasury ETF positions in Q2 2025 and 70 closed out, a net change of +25 holders.
  • The largest Vanguard Short-Term Treasury ETF buyer in Q2 2025 was RWA Wealth Partners, an estimated $144M added.
  • The largest Vanguard Short-Term Treasury ETF seller in Q2 2025 was JP Morgan Chase, an estimated $1.06B sold.

Based on aggregated 13F filings for Q2 2025.