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Vanguard Real Estate ETF
VNQ

Name Holding Trade Value Shares
Change 		Change in
Stake
RCM
26
Riverhead Capital Management
Delaware
$47.4M +$50.1M +690,000 New
RMPT
27
Raytheon Master Pension Trust
Massachusetts
$46.4M +$49.1M +676,329 New
TCT
28
TIAA CREF Trust
Missouri
$45.6M +$48.2M +664,052 New
TI
29
Truepoint Inc
Ohio
$44.6M +$47.2M +649,500 New
Rafferty Asset Management
30
Rafferty Asset Management
New York
$39.4M +$41.7M +574,029 New
Envestnet Asset Management
31
Envestnet Asset Management
Illinois
$38.7M +$41M +563,767 New
APCM
32
Alaska Permanent Capital Management
Alaska
$36.9M +$39M +536,653 New
PS
33
Portfolio Solutions
Michigan
$36.5M +$38.5M +530,484 New
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$34.6M +$36.6M +503,992 New
CIM
35
Confluence Investment Management
Missouri
$32.7M +$34.5M +475,234 New
MWAM
36
Mariner Wealth Advisors (Madison)
Kansas
$31.8M +$33.6M +463,161 New
BFPW
37
BOK Financial Private Wealth
Colorado
$31.8M +$33.6M +462,239 New
LC
38
Lourd Capital
California
$31.3M +$33.1M +455,455 New
TAIM
39
TD Ameritrade Investment Management
Nebraska
$31.1M +$32.9M +452,905 New
KC
40
Kepos Capital
New York
$30.5M +$32.3M +444,500 New
WCM
41
Windham Capital Management
Massachusetts
$28.4M +$30M +413,268 New
Barclays
42
Barclays
United Kingdom
$27.8M +$29.4M +405,025 New
VCP
43
Vista Capital Partners
Oregon
$27.8M +$29.4M +404,809 New
Bank of New York Mellon
44
Bank of New York Mellon
New York
$26.5M +$28M +385,092 New
ONB
45
Old National Bancorp
Indiana
$26M +$27.5M +379,063 New
HSBC Holdings
46
HSBC Holdings
United Kingdom
$25.6M +$27.1M +372,625 New
TWM
47
Tanglewood Wealth Management
Texas
$24.1M +$25.5M +350,431 New
BNP Paribas Financial Markets
48
BNP Paribas Financial Markets
France
$23.8M +$25.1M +346,037 New
Prudential Financial
49
Prudential Financial
New Jersey
$23.4M +$24.7M +339,968 New
CBU
50
CIBC Bank USA
Illinois
$22.2M +$23.5M +323,074 New
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