We are live on ! Find out more
VMBS icon

Vanguard Mortgage-Backed Securities ETF

617 hedge funds and large institutions have $17.3B invested in Vanguard Mortgage-Backed Securities ETF in 2025 Q1 according to their latest regulatory filings, with 66 funds opening new positions, 259 increasing their positions, 214 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 259 | Existing positions reduced: 214

4% more funds holding in top 10

Funds holding in top 10: 4547 (+2)

6% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 62

2% less funds holding

Funds holding: 631617 (-14)

2.58% less ownership

Funds ownership: 92.07%89.49% (-2.6%)

6% less capital invested

Capital invested by funds: $18.5B → $17.3B (-$1.15B)

99% less call options, than puts

Call options by funds: $5K | Put options by funds: $528K

Holders
617
Holders Change
-14
Holders Change %
-2.22%
% of All Funds
8.27%
Holding in Top 10
47
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+4.44%
% of All Funds
0.63%
New
66
Increased
259
Reduced
214
Closed
62
Calls
$5K
Puts
$528K
Net Calls
-$523K
Net Calls Change
-$523K
Name Holding Trade Value Shares
Change
Change in
Stake
Charles Schwab
1
Charles Schwab
California
$5.11B -$225M -4,915,918 -4%
Bank of America
2
Bank of America
North Carolina
$2.43B -$945M -20,667,626 -28%
JP Morgan Chase
3
JP Morgan Chase
New York
$2.26B +$100M +2,196,520 +5%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$966M +$45.7M +1,000,394 +5%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$465M -$11.1M -242,094 -2%
AssetMark Inc
6
AssetMark Inc
California
$384M +$8.09M +176,997 +2%
Wells Fargo
7
Wells Fargo
California
$325M -$1.98M -43,302 -0.6%
LPL Financial
8
LPL Financial
California
$274M -$6.02M -131,650 -2%
Stifel Financial
9
Stifel Financial
Missouri
$272M +$9.84M +215,219 +4%
Raymond James Financial
10
Raymond James Financial
Florida
$256M +$50.6M +1,107,390 +25%
Ameriprise
11
Ameriprise
Minnesota
$245M +$8.24M +180,207 +4%
Morgan Stanley
12
Morgan Stanley
New York
$210M +$8.01M +175,253 +4%
TPCW
13
TD Private Client Wealth
New York
$182M +$14M +305,666 +8%
Envestnet Portfolio Solutions
14
Envestnet Portfolio Solutions
Illinois
$179M -$1.86M -40,763 -1%
LNC
15
Lincoln National Corp
Pennsylvania
$162M +$2.01M +44,009 +1%
MIM
16
Morningstar Investment Management
Illinois
$121M +$1.75M +38,192 +1%
Kovitz Investment Group Partners
17
Kovitz Investment Group Partners
Illinois
$105M +$6.7M +146,557 +7%
KeyBank National Association
18
KeyBank National Association
Ohio
$103M -$3.42M -74,783 -3%
CA
19
Clearstead Advisors
Ohio
$84.8M +$14.1M +309,289 +20%
AIM
20
Acropolis Investment Management
Missouri
$75.4M +$1.26M +27,543 +2%
CM
21
Castleark Management
Illinois
$74.5M
Financial Engines Advisors
22
Financial Engines Advisors
California
$73.8M -$19.3M -422,758 -21%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$71.6M +$4.29M +93,758 +6%
VA
24
Valmark Advisers
Ohio
$64.6M +$1.83M +40,122 +3%
FIB
25
First Interstate Bank
Montana
$56.4M +$5.02M +109,856 +10%

VMBS Hedge Fund Activity: Q1 2025 in Review

617 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Vanguard Mortgage-Backed Securities ETF (VMBS) for Q1 2025, worth a combined $17.3B — down 6.2% from $18.5B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new VMBS positions and 62 closed out — a net gain of 4 holders — while 259 added to existing stakes and 214 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $100M. The largest seller was Bank of America, cutting an estimated $945M.

  • 617 institutional investors held Vanguard Mortgage-Backed Securities ETF (VMBS) as of Q1 2025, down from 631 in Q4 2024.
  • Funds reported $17.3B of Vanguard Mortgage-Backed Securities ETF stock for Q1 2025, down 6.2% quarter-over-quarter.
  • 66 funds opened new Vanguard Mortgage-Backed Securities ETF positions in Q1 2025 and 62 closed out, a net change of +4 holders.
  • The largest Vanguard Mortgage-Backed Securities ETF buyer in Q1 2025 was JP Morgan Chase, an estimated $100M added.
  • The largest Vanguard Mortgage-Backed Securities ETF seller in Q1 2025 was Bank of America, an estimated $945M sold.

Based on aggregated 13F filings for Q1 2025.