Vanguard Total Bond MarketBNDETF

13F holders, Q4 2025 (December 31)
1,797holders +143
110new positions
92sold out
5famous investors
$72.81avg. 13F price*

At the end of Q4 2025, 1,797 institutions reported holding Vanguard Total Bond Market (BND) in their 13F filings, up 143 from Q3 2025. 110 opened new positions and 92 sold out. The largest holders were JPMorgan Chase & Co. ($10.3B), Northwestern Mutual Wealth Management Co. ($9.7B) and Morgan Stanley ($9.3B). 5 famous investors held it, including Joel Greenblatt (0.1% of Gotham Asset Management's portfolio), Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).

Company
Vanguard Total Bond Market
CUSIP
921937835
Latest filing quarter
Q2 2026

History

Number of 13F holders

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions110$143.9M
Exits92$261.6M

All 13F filers, Q3 2025 → Q4 2025: 68,015,844 shares bought and 23,259,234 shares sold, net +44,756,610 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 1,797 holders

JPMorgan Chase & Co. 0.70% Add +6.3% 139,629,587 $10.3B
Northwestern Mutual Wealth Management Co. 6.13% Add +3.4% 130,902,798 $9.7B
Morgan Stanley 0.55% Add +15.0% 124,929,480 $9.3B
Creative Planning 6.25% Reduce -5.7% 117,781,202 $8.7B
Vanguard Group Inc. 0.08% Add +9.7% 78,903,250 $5.8B
Wells Fargo & Company 0.36% Reduce -5.6% 24,643,584 $1.8B
Bank of America Corp. 0.13% Add +4.5% 23,952,426 $1.8B
Envestnet Asset Management Inc. 0.47% Reduce -0.6% 21,470,033 $1.6B
Allworth Financial LP 6.47% Add +3.1% 21,272,987 $1.6B
LPL Financial LLC 0.38% Add +5.5% 18,586,676 $1.4B
Sei Investments Co. 1.31% Add +5.8% 17,855,111 $1.3B
Goldman Sachs Group Inc. 0.15% Add +0.1% 14,258,624 $1.1B
Manufacturers Life Insurance Company, The 0.79% Reduce -5.2% 12,887,730 $954.6M
Arizona PSPRS Trust 26.74% Add +0.7% 9,807,009 $726.4M
Mastercard Foundation Asset Management Corp. 1.60% No change 8,862,905 $656.5M
BlackRock, Inc. 0.01% Add +4.6% 8,571,066 $634.9M
Savant Capital, LLC 3.39% Add +17.1% 8,054,977 $596.6M
CBIZ Investment Advisory Services, LLC 22.43% Add +5.2% 8,006,493 $593.0M
Pure Financial Advisors, LLC 8.83% Add +9.3% 7,953,607 $589.1M
Raymond James Financial Inc. 0.18% Add +12.6% 7,735,108 $572.9M
Cetera Investment Advisers 0.62% Add +3.8% 7,691,585 $569.7M
Facet Wealth, Inc. 8.72% Add +15.8% 6,636,749 $492.8M
UBS Group AG 0.09% Add +2.4% 6,215,916 $460.4M
Ameriprise Financial Inc. 0.10% Add +8.7% 5,959,797 $441.2M
Royal Bank of Canada 0.07% Add +4.9% 5,450,973 $403.8M
State Street Corp. 0.01% Add +18.1% 5,193,064 $384.7M
Bank of New York Mellon Corp 0.07% Add +0.6% 5,171,121 $383.0M
Assetmark, Inc. 0.70% Add +2.5% 4,636,873 $343.5M
Corient Private Wealth LP 0.42% Add +49.5% 4,182,255 $309.8M
HighTower Advisors, LLC 0.33% Add +2.0% 4,071,280 $301.6M
M&T Bank Corp 0.91% Add +0.7% 3,837,282 $284.2M
PNC Financial Services Group, Inc. 0.15% Add +3.5% 3,737,360 $276.8M
Franklin Resources Inc. 0.07% Add +2.2% 3,631,542 $269.0M
Jones Financial Companies LLLP 0.16% Add +6.0% 3,580,407 $265.2M
Composition Wealth, LLC 3.22% Reduce -10.4% 3,032,282 $224.6M
Retirement Systems of Alabama 0.72% Reduce -0.5% 3,001,761 $222.3M
MML Investors Services, LLC 0.50% Add +10.6% 2,784,632 $206.3M
Truist Financial Corp. 0.28% Add +1.9% 2,783,045 $206.1M
First Financial Bankshares Inc 3.94% Add +1.6% 2,645,255 $195.9M
Alesco Advisors, LLC, An ESL Co 4.87% Add +12.3% 2,544,118 $188.4M
Stairway Partners, LLC 9.59% Add +16.2% 2,499,911 $185.2M
Cambridge Investment Research Advisors, Inc. 0.49% Add +4.0% 2,484,285 $184.0M
RiverFront Investment Group, LLC 2.90% Reduce -0.3% 2,376,713 $176.0M
Tiaa Trust, National Association 0.41% Reduce -7.5% 2,318,306 $171.7M
Foster Group, Inc. 5.18% Add +4.4% 2,312,615 $171.3M
Choreo, LLC 2.04% Add +17.1% 2,158,395 $160.3M
Osaic Holdings, Inc. 0.23% Reduce -0.8% 2,153,369 $159.5M
Oakworth Capital, Inc. 8.40% Add +8.6% 2,077,828 $153.9M
Voya Financial Advisors, Inc. 14.42% Add +4.4% 2,020,700 $150.1M
McMorgan & Co. LLC 24.13% Add +2.1% 1,966,377 $145.6M
Ritholtz Wealth Management 2.58% Add +10.0% 1,905,207 $141.1M
Global Endowment Management, LP 17.38% Reduce -3.0% 1,879,532 $139.2M
Alaska Permanent Capital Management, LLC 10.54% Add +0.9% 1,877,846 $139.1M
Vestmark Advisory Solutions, Inc. 1.79% Add +9.1% 1,787,067 $132.4M
Patriot Investment Management Group, Inc. 8.36% Add +4.5% 1,781,109 $131.9M
Capstone Financial Advisors, Inc. 6.97% Add +2.3% 1,765,970 $130.8M
Wealthfront Advisers LLC 0.29% Add +5.1% 1,753,658 $129.9M
Beacon Pointe Advisors, LLC 0.90% Add +27.9% 1,727,380 $127.9M
Verus Financial Partners, Inc. 11.71% Add +4.3% 1,711,886 $127.3M
Betterment LLC 0.24% Reduce -6.5% 1,718,105 $127.3M
Commonwealth Equity Services, LLC 0.17% Add +1.2% 1,688,926 $125.1M
Mariner, LLC 0.15% Add +5.3% 1,684,074 $124.7M
Chandler Asset Management, Inc. 19.72% Reduce -0.3% 1,682,087 $124.6M
Apella Capital, LLC 2.42% Add +2.9% 1,653,788 $122.5M
Bogart Wealth, LLC 4.80% Add +3.7% 1,612,951 $119.5M
Diana Davis Spencer Foundation 40.20% No change 1,608,100 $119.1M
Stratos Wealth Partners, LTD. 1.32% Add +3.5% 1,566,678 $116.0M
Orgel Wealth Management, LLC 2.56% Add +4.9% 1,565,416 $116.0M
GenTrust, LLC 5.01% Add +11.4% 1,562,158 $115.7M
Envestnet Portfolio Solutions, Inc. 0.39% Add +5.7% 1,515,588 $112.3M
Efficient Advisors, LLC 6.54% Add +0.3% 1,511,694 $112.0M
Ocean Park Asset Management, LLC 5.24% Reduce -20.2% 1,506,900 $111.6M
Wealth Enhancement Advisory Services, LLC 0.14% Add +1.4% 1,441,348 $106.9M
AMG National Trust Bank 2.50% Add +0.5% 1,433,840 $106.2M
Trajan Wealth LLC 4.39% Add +17.9% 1,422,462 $105.4M
CoreCap Advisors, LLC 3.63% Add +5.6% 1,404,556 $104.0M
Lutz Financial Services LLC 6.87% Add +7.8% 1,362,944 $101.0M
Prime Capital Investment Advisors, LLC 1.19% Add +3.0% 1,324,196 $98.1M
Bryn Mawr Trust Advisors, LLC 4.63% Add +3.3% 1,299,013 $96.2M
Pathstone Holdings, LLC 0.37% Reduce -0.7% 1,296,825 $96.1M
Kestra Advisory Services, LLC 0.39% Add +3.5% 1,282,232 $95.0M
Baker Avenue Asset Management, LP 2.19% Add +6.0% 1,281,726 $94.9M
Alps Advisors Inc. 0.55% Add +5.1% 1,277,079 $94.6M
Prudential Financial Inc. 0.11% Reduce -9.5% 1,261,987 $93.5M
Armstrong Advisory Group, Inc. 6.31% Add +3.8% 1,259,561 $93.3M
Bricktown Capital, LLC 14.55% Reduce -27.1% 1,167,075 $86.4M
Mercer Global Advisors Inc. 0.13% Add +5.4% 1,166,330 $86.4M
Integrated Wealth Concepts LLC 1.02% Add +2.4% 1,154,063 $85.5M
Alaska Wealth Advisors, LLC 10.69% Add +3.9% 1,132,993 $83.9M
Financial Advisors Network, Inc. 11.20% Add +2.4% 1,103,579 $81.7M
NewEdge Advisors, LLC 0.29% Add +6.5% 1,088,068 $80.6M
B & T Capital Management DBA Alpha Capital Management 11.35% Add +6176.7% 1,087,255 $80.5M
AllGen Financial Advisors, Inc. 19.08% Add +6.6% 1,085,910 $80.4M
Focus Partners Wealth 0.09% Add +6.5% 1,050,629 $77.8M
Acropolis Investment Management, LLC 3.47% Reduce -53.4% 1,039,888 $77.0M
Financial Engines Advisors L.L.C. 0.15% Add +0.3% 1,036,106 $76.7M
Apriem Advisors 7.03% Add +1.9% 1,033,471 $76.5M
Pacific Capital Wealth Advisors, Inc. 13.10% Add +1.9% 1,031,913 $76.4M
Comerica Bank 0.30% Add +5.6% 1,026,577 $76.0M
Merit Financial Group, LLC 0.60% Reduce -2.0% 1,015,856 $75.2M

"% of holder's portfolio" is BND's weight in each manager's 13F, not the share of Vanguard Total Bond Market the manager owns.

Show all 1,797 holders