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Vanguard Mortgage-Backed Securities ETF

628 hedge funds and large institutions have $13.5B invested in Vanguard Mortgage-Backed Securities ETF in 2025 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 301 increasing their positions, 183 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

64% more repeat investments, than reductions

Existing positions increased: 301 | Existing positions reduced: 183

49% more first-time investments, than exits

New positions opened: 64 | Existing positions closed: 43

6% more capital invested

Capital invested by funds: $12.7B → $13.5B (+$747M)

2.94% more ownership

Funds ownership: 87.33%90.26% (+2.9%)

2% more funds holding in top 10

Funds holding in top 10: 4344 (+1)

0% more funds holding

Funds holding: 625628 (+3)

Holders
628
Holders Change
+3
Holders Change %
+0.48%
% of All Funds
8.24%
Holding in Top 10
44
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+2.33%
% of All Funds
0.58%
New
64
Increased
301
Reduced
183
Closed
43
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$2.71B +$207M +4,468,416 +8%
JP Morgan Chase
2
JP Morgan Chase
New York
$2.39B +$58.2M +1,253,241 +3%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$1.04B +$52.9M +1,139,467 +5%
Bank of New York Mellon
4
Bank of New York Mellon
New York
$485M +$11.8M +253,782 +3%
AssetMark Inc
5
AssetMark Inc
California
$415M +$10.4M +224,746 +3%
Wells Fargo
6
Wells Fargo
California
$383M +$46.1M +992,332 +14%
MG
7
Mather Group
Illinois
$318M +$14.3M +307,671 +5%
Stifel Financial
8
Stifel Financial
Missouri
$295M +$19.4M +417,050 +7%
LPL Financial
9
LPL Financial
California
$289M +$2.3M +49,616 +0.8%
Raymond James Financial
10
Raymond James Financial
Florida
$264M -$2.84M -61,125 -1%
Morgan Stanley
11
Morgan Stanley
New York
$223M +$6.63M +142,864 +3%
Ameriprise
12
Ameriprise
Minnesota
$211M -$21.9M -472,153 -10%
TPCW
13
TD Private Client Wealth
New York
$210M +$15.3M +329,333 +8%
LNC
14
Lincoln National Corp
Pennsylvania
$172M +$9.38M +201,939 +6%
Envestnet Portfolio Solutions
15
Envestnet Portfolio Solutions
Illinois
$169M +$2.2M +47,444 +1%
CA
16
Clearstead Advisors
Ohio
$120M +$17.4M +374,910 +17%
Charles Schwab
17
Charles Schwab
California
$116M -$38.4M -826,057 -25%
Kovitz Investment Group Partners
18
Kovitz Investment Group Partners
Illinois
$107M -$1.3M -27,925 -1%
KeyBank National Association
19
KeyBank National Association
Ohio
$105M +$3.2M +68,956 +3%
AIA
20
Angeles Investment Advisors
California
$90.3M +$89.3M +1,923,500 New
AIM
21
Acropolis Investment Management
Missouri
$80.3M +$3.4M +73,214 +4%
CM
22
Castleark Management
Illinois
$80.1M
Financial Engines Advisors
23
Financial Engines Advisors
California
$76.9M +$6.79M +146,164 +10%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$76.7M +$2.65M +57,012 +4%
VA
25
Valmark Advisers
Ohio
$70.8M +$2.99M +64,338 +4%

VMBS Hedge Fund Activity: Q3 2025 in Review

628 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Vanguard Mortgage-Backed Securities ETF (VMBS) for Q3 2025, worth a combined $13.5B — up 5.9% from $12.7B a quarter earlier.

Buyers outnumbered sellers: 64 funds opened new VMBS positions and 43 closed out — a net gain of 21 holders — while 301 added to existing stakes and 183 trimmed.

The largest buyer was Bank of America, adding an estimated $207M. The largest seller was Deutsche Bank, exiting entirely with an estimated $45.9M sold.

  • 628 institutional investors held Vanguard Mortgage-Backed Securities ETF (VMBS) as of Q3 2025, up from 625 in Q2 2025.
  • Funds reported $13.5B of Vanguard Mortgage-Backed Securities ETF stock for Q3 2025, up 5.9% quarter-over-quarter.
  • 64 funds opened new Vanguard Mortgage-Backed Securities ETF positions in Q3 2025 and 43 closed out, a net change of +21 holders.
  • The largest Vanguard Mortgage-Backed Securities ETF buyer in Q3 2025 was Bank of America, an estimated $207M added.
  • The largest Vanguard Mortgage-Backed Securities ETF seller in Q3 2025 was Deutsche Bank, an estimated $45.9M sold.

Based on aggregated 13F filings for Q3 2025.