Vanguard Health Care ETF
1,136 hedge funds and large institutions have $6.32B invested in Vanguard Health Care ETF in 2025 Q4 according to their latest regulatory filings, with 184 funds opening new positions, 380 increasing their positions, 317 reducing their positions, and 41 closing their positions.
349% more first-time investments, than exits
New positions opened: 184 | Existing positions closed: 41
116% more call options, than puts
Call options by funds: $13.8M | Put options by funds: $6.42M
58% more funds holding in top 10
Funds holding in top 10: 19 → 30 (+11)
20% more repeat investments, than reductions
Existing positions increased: 380 | Existing positions reduced: 317
17% more capital invested
Capital invested by funds: $5.39B → $6.32B (+$926M)
12% more funds holding
Funds holding: 1,014 → 1,136 (+122)
1.63% more ownership
Funds ownership: 34.87% → 36.5% (+1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$244M |
| 2 |
Morgan Stanley
New York
|
+$39.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$23.4M |
| 4 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$23.3M |
| 5 |
PFM
Potomac Fund Management
Miami,
Florida
|
+$22.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$212M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$32.6M |
| 3 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
-$23.7M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$9.72M |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$9.66M |
VHT Hedge Fund Activity: Q4 2025 in Review
1,136 of the 8,286 institutional investors tracked by Wall St. Rank reported a position in Vanguard Health Care ETF (VHT) for Q4 2025, worth a combined $6.32B — up 17% from $5.39B a quarter earlier.
Buyers outnumbered sellers: 184 funds opened new VHT positions and 41 closed out — a net gain of 143 holders — while 380 added to existing stakes and 317 trimmed.
The largest buyer was Clal Insurance, opening a new position worth an estimated $244M. The largest seller was Harel Insurance Investments & Financial Services, cutting an estimated $212M.
- 1,136 institutional investors held Vanguard Health Care ETF (VHT) as of Q4 2025, up from 1,014 in Q3 2025.
- Funds reported $6.32B of Vanguard Health Care ETF stock for Q4 2025, up 17% quarter-over-quarter.
- 184 funds opened new Vanguard Health Care ETF positions in Q4 2025 and 41 closed out, a net change of +143 holders.
- The largest Vanguard Health Care ETF buyer in Q4 2025 was Clal Insurance, an estimated $244M added.
- The largest Vanguard Health Care ETF seller in Q4 2025 was Harel Insurance Investments & Financial Services, an estimated $212M sold.
Based on aggregated 13F filings for Q4 2025.