Vanguard Short-Term Treasury ETF
VGSH
938 hedge funds and large institutions have $14.9B invested in Vanguard Short-Term Treasury ETF in 2025 Q3 according to their latest regulatory filings, with 90 funds opening new positions, 432 increasing their positions, 291 reducing their positions, and 78 closing their positions.
48% more repeat investments, than reductions
Existing positions increased: 432 | Existing positions reduced: 291
15% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 78
9% more call options, than puts
Call options by funds: $3.25M | Put options by funds: $2.97M
0% less capital invested
Capital invested by funds: $14.9B → $14.9B (-$72.6M)
1% less funds holding
Funds holding: 945 → 938 (-7)
0.96% less ownership
Funds ownership: 66.08% → 65.12% (-0.96%)
3% less funds holding in top 10
Funds holding in top 10: 116 → 112 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$94.2M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$81.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$68.2M |
| 4 |
RPGK
Retirement Planning Group (Kansas)
Leawood,
Kansas
|
+$62M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$55.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
-$241M |
| 2 |
Corient Private Wealth
Miami,
Florida
|
-$69M |
| 3 |
Renaissance Technologies
New York
|
-$65.7M |
| 4 |
BFPW
BOK Financial Private Wealth
Denver,
Colorado
|
-$65M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$57.1M |
VGSH Hedge Fund Activity: Q3 2025 in Review
938 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Vanguard Short-Term Treasury ETF (VGSH) for Q3 2025, worth a combined $14.9B — down 0.49% from $14.9B a quarter earlier.
Buyers outnumbered sellers: 90 funds opened new VGSH positions and 78 closed out — a net gain of 12 holders — while 432 added to existing stakes and 291 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $94.2M. The largest seller was SCS Capital Management, cutting an estimated $241M.
- 938 institutional investors held Vanguard Short-Term Treasury ETF (VGSH) as of Q3 2025, down from 945 in Q2 2025.
- Funds reported $14.9B of Vanguard Short-Term Treasury ETF stock for Q3 2025, down 0.49% quarter-over-quarter.
- 90 funds opened new Vanguard Short-Term Treasury ETF positions in Q3 2025 and 78 closed out, a net change of +12 holders.
- The largest Vanguard Short-Term Treasury ETF buyer in Q3 2025 was Morgan Stanley, an estimated $94.2M added.
- The largest Vanguard Short-Term Treasury ETF seller in Q3 2025 was SCS Capital Management, an estimated $241M sold.
Based on aggregated 13F filings for Q3 2025.