Vanguard Materials ETFVAWETF
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 403 institutions reported holding Vanguard Materials ETF (VAW) in their 13F filings, up 32 from Q3 2025. 45 opened new positions and 28 sold out. The largest holders were Bank of America Corp. ($291.6M), Beacon Capital Management, Inc. ($102.4M) and Empower Advisory Group, LLC ($80.3M). 2 famous investors held it, including Steve Cohen (0.0% of Point72 Asset Management's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- Vanguard Materials ETF
- CUSIP
- 92204A801
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 45 | $24.1M |
| Exits | 28 | $13.1M |
All 13F filers, Q3 2025 → Q4 2025: 443,345 shares bought and 491,134 shares sold, net −47,789 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 403 holders
| Bank of America Corp. | 0.02% | Reduce -0.9% | 1,404,868 | $291.6M |
| Beacon Capital Management, Inc. | 5.48% | Reduce -10.1% | 493,540 | $102.4M |
| Empower Advisory Group, LLC | 0.22% | Add +11.2% | 387,117 | $80.3M |
| LPL Financial LLC | 0.02% | Add +2.5% | 295,587 | $61.3M |
| Manufacturers Life Insurance Company, The | 0.04% | Reduce -5.2% | 248,622 | $51.6M |
| Morgan Stanley | 0.00% | Reduce -18.6% | 240,575 | $49.9M |
| Envestnet Asset Management Inc. | 0.01% | Reduce -11.8% | 240,521 | $49.9M |
| Wells Fargo & Company | 0.01% | Reduce -3.1% | 239,852 | $49.8M |
| Raymond James Financial Inc. | 0.01% | Add +3.1% | 167,304 | $34.7M |
| PGIM Custom Harvest LLC | 0.50% | Add +11.0% | 162,844 | $33.8M |
| Cetera Investment Advisers | 0.03% | Add +5.1% | 121,618 | $25.2M |
| UBS Group AG | 0.00% | Reduce -2.9% | 108,735 | $22.6M |
| Ameritas Advisory Services, LLC | 0.83% | Add +7904.5% | 106,700 | $22.1M |
| Ameriprise Financial Inc. | 0.00% | Add +16.2% | 97,537 | $20.2M |
| Corient Private Wealth LP | 0.02% | Add +566.3% | 69,246 | $14.4M |
| Lido Advisors, LLC | 0.06% | Reduce -2.0% | 69,327 | $14.3M |
| Stifel Financial Corp. | 0.01% | Reduce -2.5% | 69,016 | $14.3M |
| GW Henssler & Associates Ltd. | 0.63% | Reduce -1.3% | 63,368 | $13.2M |
| JPMorgan Chase & Co. | 0.00% | Reduce -2.1% | 56,252 | $11.7M |
| PNC Financial Services Group, Inc. | 0.01% | Reduce -1.4% | 45,804 | $9.5M |
| Polianta Ltd | 1.21% | New | 44,400 | $9.2M |
| Strengthening Families & Communities, LLC | 3.25% | Add +3.0% | 43,884 | $9.1M |
| Rockefeller Capital Management L.P. | 0.01% | Add +0.3% | 39,978 | $8.3M |
| Osaic Holdings, Inc. | 0.01% | Reduce -8.9% | 39,441 | $8.2M |
| Northwestern Mutual Wealth Management Co. | 0.00% | Reduce -4.3% | 37,207 | $7.7M |
| KCM Investment Advisors LLC | 0.25% | Reduce -0.9% | 36,913 | $7.7M |
| Richmond Brothers, Inc. | 4.28% | Reduce -7.2% | 32,424 | $6.7M |
| Exchange Traded Concepts, LLC | 0.05% | Add +21.6% | 30,675 | $6.4M |
| Clear Creek Financial Management, LLC | 0.49% | Add +27.0% | 29,193 | $6.1M |
| LRI Investments, LLC | 0.47% | Add +11.5% | 28,431 | $5.9M |
| Banco Santander, S.A. | 0.04% | No change | 27,924 | $5.8M |
| Guardian Wealth Management, LLC | 1.71% | — | 26,047 | $5.4M |
| M Holdings Securities, Inc. | 0.38% | New | 25,838 | $5.4M |
| Assetmark, Inc. | 0.01% | Add +610.2% | 25,702 | $5.3M |
| Creative Planning | 0.00% | Reduce -1.6% | 25,616 | $5.3M |
| Park National Corp. | 0.17% | Reduce -30.3% | 25,498 | $5.3M |
| Commonwealth Equity Services, LLC | 0.01% | Reduce -5.8% | 24,667 | $5.1M |
| Royal Bank of Canada | 0.00% | Add +59.2% | 24,437 | $5.1M |
| J.W. Cole Advisors, Inc. | 0.12% | Reduce -13.4% | 24,015 | $5.0M |
| Resources Management Corp. /CT/ | 0.63% | Reduce -3.4% | 23,534 | $4.9M |
| Lighthouse Financial Services Inc. | 1.12% | — | 23,378 | $4.9M |
| Vickerman Investment Advisors, Inc. | 0.97% | Add +1.6% | 23,316 | $4.8M |
| Wealthcare Advisory Partners LLC | 0.09% | Add +0.2% | 22,954 | $4.8M |
| Sigma Planning Corp | 0.13% | Add +3.3% | 22,404 | $4.7M |
| Certified Advisory Corp | 0.38% | Reduce -3.5% | 20,060 | $4.2M |
| MML Investors Services, LLC | 0.01% | Reduce -8.9% | 19,614 | $4.1M |
| Mercer Global Advisors Inc. | 0.01% | Reduce -19.6% | 19,481 | $4.0M |
| Foundations Investment Advisors, LLC | 0.05% | Add +5.6% | 19,300 | $4.0M |
| Cambridge Investment Research Advisors, Inc. | 0.01% | Reduce -1.7% | 18,302 | $3.8M |
| HighTower Advisors, LLC | 0.00% | Reduce -1.4% | 17,364 | $3.6M |
| Tranquilli Financial Advisor LLC | 2.01% | Reduce -3.0% | 16,708 | $3.5M |
| Silver Coast Investments LLC | 1.18% | Add +0.7% | 16,557 | $3.4M |
| Gibraltar Capital Management, Inc. | 0.57% | Add +3.7% | 16,217 | $3.4M |
| Atria Investments, Inc | 0.04% | Reduce -5.5% | 15,718 | $3.3M |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +1.2% | 14,302 | $3.1M |
| M&T Bank Corp | 0.01% | Reduce -7.1% | 14,987 | $3.1M |
| Mariner, LLC | 0.00% | Add +0.5% | 14,860 | $3.1M |
| Captrust Financial Advisors | 0.01% | Add +50.8% | 14,775 | $3.1M |
| Steward Partners Investment Advisory, LLC | 0.02% | Add +2.7% | 14,452 | $3.0M |
| Parsons Capital Management Inc. | 0.16% | Reduce -0.1% | 14,190 | $2.9M |
| Prospera Financial Services Inc | 0.05% | Add +4.6% | 13,660 | $2.8M |
| Goldman Sachs Group Inc. | 0.00% | Add +1.8% | 12,900 | $2.7M |
| Private Advisor Group, LLC | 0.01% | Add +0.6% | 12,793 | $2.7M |
| Quantinno Capital Management LP | 0.01% | Add +4.6% | 12,673 | $2.6M |
| Buska Wealth Management, LLC | 0.96% | Reduce -23.7% | 12,502 | $2.6M |
| Fell Capital Management | 2.37% | — | 11,695 | $2.4M |
| Global Strategic Investment Solutions, LLC | 0.22% | Reduce -6.8% | 10,808 | $2.2M |
| Truist Financial Corp. | 0.00% | Add +5.3% | 10,659 | $2.2M |
| Sierra Capital LLC | 0.23% | No change | 10,398 | $2.2M |
| Simon Quick Advisors, LLC | 0.09% | Reduce -0.0% | 10,350 | $2.1M |
| Sharper & Granite LLC | 0.75% | Add +4.7% | 10,282 | $2.1M |
| Sage Rhino Capital LLC | 0.40% | Reduce -0.2% | 10,225 | $2.1M |
| MassMutual Private Wealth & Trust, FSB | 0.05% | Reduce -2.5% | 10,091 | $2.1M |
| Sagace Wealth Management LLC | 1.40% | Add +0.2% | 9,918 | $2.1M |
| Prairiewood Capital, LLC | 0.62% | No change | 9,547 | $2.0M |
| Merit Financial Group, LLC | 0.02% | Add +0.4% | 9,524 | $2.0M |
| Janney Montgomery Scott LLC | 0.00% | Add +1.9% | 8,843 | $1.8M |
| Main Street Financial Solutions, LLC | 0.14% | Reduce -1.6% | 8,720 | $1.8M |
| Hershey Financial Advisers, LLC | 1.45% | Reduce -3.5% | 8,292 | $1.7M |
| Private Wealth Advisors, LLC | 0.62% | Add +3.6% | 8,275 | $1.7M |
| BlackRock, Inc. | 0.00% | Add +14.2% | 8,019 | $1.7M |
| Essex Financial Services, Inc. | 0.09% | Add +0.3% | 7,874 | $1.6M |
| Pathway Financial Advisors LLC | 0.20% | No change | 7,240 | $1.6M |
| Strategic Wealth Investment Group, LLC | 0.19% | Reduce -39.2% | 7,586 | $1.6M |
| Cibc World Market Inc. | 0.00% | Reduce -0.5% | 7,396 | $1.5M |
| GTS Securities LLC | 0.05% | New | 7,299 | $1.5M |
| Farrell Financial LLC | 0.89% | Add +8.5% | 7,282 | $1.5M |
| Centaurus Financial, Inc. | 0.07% | Add +0.2% | 7,177 | $1.5M |
| Kestra Advisory Services, LLC | 0.01% | Reduce -1.2% | 6,931 | $1.4M |
| Vista Investment Management | 0.47% | Reduce -3.5% | 6,889 | $1.4M |
| FMR LLC | 0.00% | Add +23.0% | 6,685 | $1.4M |
| Founders Grove Wealth Partners, LLC | 0.30% | Add +0.6% | 6,477 | $1.3M |
| Comerica Bank | 0.01% | Add +0.9% | 6,474 | $1.3M |
| D.A. Davidson & Co. | 0.01% | Add +0.3% | 6,292 | $1.3M |
| Sentinel Pension Advisors, LLC | 0.20% | Reduce -0.6% | 6,202 | $1.3M |
| AlphaCore Capital LLC | 0.03% | Reduce -0.8% | 6,045 | $1.3M |
| Orion Porfolio Solutions, LLC | 0.01% | Reduce -3.2% | 5,997 | $1.2M |
| Axiom Financial Strategies, LLC | 0.51% | Reduce -1.2% | 5,848 | $1.2M |
| Cresset Asset Management, LLC | 0.01% | Add +5.9% | 5,614 | $1.2M |
| Bank of Montreal | 0.00% | Add +4.7% | 5,494 | $1.1M |
| Bonfire Financial | 0.84% | Add +2.7% | 5,415 | $1.1M |
| IHT Wealth Management, LLC | 0.03% | Add +0.4% | 5,174 | $1.1M |
| Northern Trust Corp. | 0.00% | Add +25.1% | 5,360 | $1.1M |
| Choate Investment Advisors | 0.02% | No change | 5,297 | $1.1M |
| Modera Wealth Management, LLC | 0.01% | Reduce -4.7% | 5,233 | $1.1M |
| Comprehensive Money Management Services LLC | 0.75% | Add +0.0% | 5,218 | $1.1M |
| Woodward Diversified Capital, LLC | 0.49% | Add +1.2% | 5,163 | $1.1M |
| Baird Financial Group, Inc. | 0.00% | Add +10.1% | 5,088 | $1.1M |
| Jones Financial Companies LLLP | 0.00% | Add +2.7% | 5,001 | $1.0M |
| Fiduciary Trust Co | 0.01% | Reduce -1.1% | 4,985 | $1.0M |
| Kanawha Capital Management LLC | 0.07% | Reduce -0.4% | 4,968 | $1.0M |
| United Capital Financial Advisors, LLC | 0.01% | Add +15.9% | 4,945 | $1.0M |
| Builder Investment Group Inc. | 0.22% | No change | 4,853 | $1.0M |
| Independent Financial Group, LLC | 0.02% | Reduce -0.6% | 4,842 | $1.0M |
| Altura Wealth Advisors Inc. | 0.43% | Add +18.2% | 4,830 | $1.0M |
| Dorato Capital Management | 0.72% | — | 4,243 | $953K |
| Chevy Chase Trust Holdings, LLC | 0.00% | New | 4,537 | $942K |
| Concurrent Investment Advisors, LLC | 0.01% | Reduce -2.6% | 4,492 | $932K |
| Curran Financial Partners, LLC | 0.17% | Reduce -2.6% | 4,317 | $896K |
| Versant Capital Management, Inc | 0.11% | No change | 4,308 | $894K |
| Atlas Capital Advisors Inc. | 0.10% | — | 4,302 | $893K |
| Thrivent Financial for Lutherans | 0.00% | New | 4,258 | $884K |
| Arkadios Wealth Advisors | 0.02% | Add +0.9% | 4,244 | $881K |
| Wolff Financial Management LLC | 0.19% | Add +0.1% | 4,151 | $862K |
| Phillips Financial Management, LLC | 0.06% | No change | 4,128 | $857K |
| NorthCrest Asset Manangement, LLC | 0.02% | Reduce -0.1% | 3,971 | $850K |
| O'shaughnessy Asset Management, LLC | 0.00% | Add +13.7% | 4,063 | $843K |
| Susquehanna International Group, LLP | 0.00% | Reduce -21.3% | 4,028 | $836K |
| John A. Wolfe & Associates, Inc. | 0.45% | — | 4,014 | $833K |
| Stratos Wealth Partners, LTD. | 0.01% | Add +0.0% | 3,997 | $830K |
| Valmark Advisers, Inc. | 0.01% | Reduce -1.5% | 3,930 | $816K |
| City State Bank | 0.22% | Add +0.3% | 3,904 | $810K |
| 180 Wealth Advisors, LLC | 0.09% | No change | 3,846 | $798K |
| Brown Advisory Inc. | 0.00% | Reduce -18.2% | 3,831 | $795K |
| Joule Financial, LLC | 0.24% | Reduce -3.7% | 3,804 | $790K |
| Sage Capital Management, LLC | 0.36% | Reduce -6.4% | 3,767 | $783K |
| WBH Advisory Inc. | 0.06% | Reduce -5.6% | 3,711 | $770K |
| Bailard, Inc. | 0.02% | Add +22.7% | 3,711 | $770K |
| Nations Financial Group Inc, /Ia/ | 0.04% | Reduce -0.4% | 3,688 | $766K |
| Farther Finance Advisors, LLC | 0.01% | Add +5.0% | 3,669 | $761K |
| Institute for Wealth Management, LLC. | 0.08% | Add +11.4% | 3,620 | $751K |
| Envestnet Portfolio Solutions, Inc. | 0.00% | New | 3,511 | $726K |
| Axxcess Wealth Management, LLC | 0.01% | Reduce -5.0% | 3,494 | $725K |
| Point72 Asset Management | 0.00% | New | 3,459 | $718K |
| Flputnam Investment Management Co. | 0.01% | No change | 3,372 | $700K |
| Wealthfront Advisers LLC | 0.00% | Add +6.8% | 3,336 | $692K |
| Advisors Capital Management, LLC | 0.01% | Add +3.1% | 3,334 | $692K |
| First Financial Corp. | 0.26% | Add +9.3% | 3,300 | $685K |
| CGN Advisors LLC | 0.05% | Add +6.3% | 3,259 | $676K |
| Clearstead Advisors, LLC | 0.01% | Add +6.6% | 3,214 | $667K |
| Summit Financial, LLC | 0.01% | Add +0.2% | 3,211 | $666K |
| Citigroup Inc. | 0.00% | Add +13.3% | 3,210 | $666K |
| RFG Advisory, LLC | 0.01% | New | 3,165 | $657K |
| Dentgroup LLC | 0.43% | Reduce -0.1% | 2,993 | $621K |
| Bokf, NA | 0.01% | No change | 2,989 | $620K |
| Novak & Powell Financial Services, Inc. | 0.32% | Add +0.4% | 2,977 | $618K |
| NewEdge Advisors, LLC | 0.00% | Reduce -5.4% | 2,968 | $616K |
| Focus Partners Wealth | 0.00% | Add +33.5% | 2,895 | $601K |
| Whittier Trust Co. | 0.01% | Add +0.1% | 2,744 | $599K |
| Trinity Legacy Partners, LLC | 0.14% | Add +1.2% | 2,849 | $591K |
| Cornerstone Wealth Management, LLC | 0.03% | Add +35.2% | 2,821 | $585K |
| Mason Investment Advisory Services, Inc. | 0.03% | Add +0.2% | 2,806 | $582K |
| Sequoia Financial Advisors, LLC | 0.00% | Add +4.3% | 2,802 | $582K |
| Johnson Investment Counsel Inc. | 0.00% | Reduce -2.6% | 2,779 | $577K |
| Arax Advisory Partners | 0.02% | New | 2,738 | $568K |
| Stephen J. Garry & Associates, LLC | 0.44% | Reduce -1.1% | 2,686 | $558K |
| Prime Capital Investment Advisors, LLC | 0.01% | Reduce -1.6% | 2,614 | $543K |
| Anchor Investment Management, LLC | 0.04% | Add +4.6% | 2,606 | $541K |
| Conservest Capital Advisors, Inc. | 0.05% | No change | 2,563 | $532K |
| &partners | 0.00% | Reduce -5.3% | 2,557 | $531K |
| Parallel Advisors, LLC | 0.01% | Add +1.0% | 2,536 | $526K |
| Alliance Wealth Advisors, LLC | 0.25% | No change | 2,533 | $526K |
| Aspiriant, LLC | 0.01% | Add +8.4% | 2,520 | $523K |
| North Forty Two & Co. | 0.47% | Reduce -5.9% | 2,400 | $498K |
| Brookwood Investment Group LLC | 0.06% | Reduce -2.0% | 2,377 | $493K |
| Wedbush Securities Inc. | 0.01% | Add +3.0% | 2,344 | $486K |
| Mather Group, Llc. | 0.01% | Reduce -2.1% | 2,338 | $485K |
| Praetorian Wealth Management, Inc. | 0.10% | Reduce -0.0% | 2,338 | $485K |
| One Charles Private Wealth Services, LLC | 0.12% | Reduce -0.2% | 2,324 | $482K |
| Blair William & Co. | 0.00% | Reduce -0.1% | 2,319 | $481K |
| U.S. Capital Wealth Advisors, LLC | 0.01% | No change | 2,286 | $475K |
| Integrated Wealth Concepts LLC | 0.01% | Add +3.7% | 2,251 | $467K |
| Sanctuary Advisors, LLC | 0.00% | Add +12.0% | 2,206 | $458K |
| Hilltop Holdings Inc. | 0.03% | Reduce -5.2% | 2,193 | $455K |
| Fifth Third Bancorp | 0.00% | Reduce -3.6% | 2,176 | $452K |
| Beacon Pointe Advisors, LLC | 0.00% | Reduce -0.5% | 2,164 | $449K |
| Simplicity Wealth,LLC | 0.03% | Reduce -3.4% | 2,158 | $448K |
| Financial Freedom, LLC | 0.22% | Reduce -6.9% | 2,146 | $445K |
| Cerity Partners LLC | 0.00% | New | 2,133 | $443K |
| Christine Messmer PC | 0.28% | — | 2,103 | $437K |
| Great Valley Advisor Group, Inc. | 0.01% | Reduce -1.1% | 2,079 | $432K |
| Tiaa Trust, National Association | 0.00% | Reduce -0.9% | 2,033 | $422K |
| Evoke Wealth, LLC | 0.01% | Add +27.8% | 2,010 | $417K |
| Leavell Investment Management, Inc. | 0.02% | Add +0.5% | 1,991 | $413K |
| Retirement Planning Group, LLC | 0.01% | Reduce -4.4% | 1,967 | $408K |
| Gladstone Institutional Advisory LLC | 0.02% | Reduce -2.0% | 1,961 | $407K |
| Mutual Advisors, LLC | 0.01% | Add +0.1% | 1,960 | $407K |
| Yoder Wealth Management, Inc. | 0.18% | Reduce -9.1% | 1,935 | $402K |
| Wealth Alliance, LLC | 0.04% | Add +0.9% | 1,905 | $395K |
| Cranbrook Wealth Management, LLC | 0.08% | Reduce -8.4% | 1,874 | $389K |
| Wealthspire Retirement, LLC | 0.02% | Add +0.3% | 1,864 | $387K |
| Equitable Holdings, Inc. | 0.00% | Add +1.5% | 1,852 | $384K |
| Coppell Advisory Solutions LLC | 0.04% | Add +11.8% | 1,821 | $382K |
| HRT Financial LP | 0.00% | New | 1,818 | $377K |
| US Bancorp \de | 0.00% | Add +1.7% | 1,811 | $376K |
| O'ROURKE & COMPANY, Inc | 0.15% | Add +8.8% | 1,810 | $376K |
| Winch Advisory Services, LLC | 0.08% | Add +0.4% | 1,809 | $376K |
| AQR Capital Management | 0.00% | Add +21.1% | 1,785 | $370K |
| Heritage Trust Co | 0.04% | Reduce -7.0% | 1,766 | $367K |
| Birchcreek Wealth Management, LLC | 0.18% | Reduce -3.8% | 1,758 | $365K |
| KPP Advisory Services LLC | 0.05% | Add +0.6% | 1,739 | $361K |
| CX Institutional | 0.01% | Reduce -0.6% | 1,721 | $357K |
| Keebeck Wealth Management | 0.04% | Reduce -1.1% | 1,706 | $354K |
| Heritage Investment Group, Inc. | 0.05% | No change | 1,700 | $353K |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -1.6% | 1,700 | $353K |
| Kestra Private Wealth Services, LLC | 0.00% | Add +29.7% | 1,700 | $353K |
| Brandywine Oak Private Wealth LLC | 0.03% | Add +1.0% | 1,658 | $344K |
| Peterson Wealth Advisors, LLC | 0.04% | New | 1,618 | $336K |
| Rwa Wealth Partners, LLC | 0.00% | Reduce -1.2% | 1,605 | $333K |
| Madden Advisory Services, Inc. | 0.13% | Reduce -3.2% | 1,582 | $328K |
| HB Wealth Management, LLC | 0.00% | Add +0.1% | 1,560 | $324K |
| MontVue Capital Management, Inc. | 0.21% | No change | 1,557 | $323K |
| Calder Financial LLC | 0.31% | — | 1,528 | $317K |
| VSM Wealth Advisory, LLC | 0.10% | Add +1326.2% | 1,526 | $317K |
| Wedmont Private Capital | 0.01% | Add +8.0% | 1,460 | $314K |
| Three Bearings Fiduciary Advisors, Inc. | 0.29% | — | 1,394 | $314K |
| TD Waterhouse Canada Inc. | 0.00% | Reduce -13.3% | 1,486 | $308K |
| Ingalls & Snyder LLC | 0.01% | No change | 1,475 | $306K |
| Choreo, LLC | 0.00% | Add +0.3% | 1,442 | $302K |
| Koshinski Asset Management, Inc. | 0.02% | Reduce -0.3% | 1,447 | $300K |
| Narwhal Capital Management | 0.02% | Reduce -6.9% | 1,414 | $293K |
| Advisory Services Network, LLC | 0.00% | Reduce -0.6% | 1,377 | $286K |
| Bragg Financial Advisors, Inc | 0.01% | Reduce -1.4% | 1,373 | $285K |
| Apella Capital, LLC | 0.01% | New | 1,373 | $285K |
| Evermay Wealth Management LLC | 0.03% | No change | 1,315 | $273K |
| Collective Family Office LLC | 0.06% | Reduce -10.1% | 1,295 | $269K |
| CWA Asset Management Group, LLC | 0.01% | Add +2.1% | 1,291 | $268K |
| Waverly Advisors, LLC | 0.00% | New | 1,282 | $266K |
| Waldron Private Wealth LLC | 0.01% | Add +0.3% | 1,261 | $262K |
| Golden State Wealth Management, LLC | 0.03% | Reduce -7.0% | 1,255 | $261K |
| Mission Wealth Management, LP | 0.01% | No change | 1,235 | $256K |
| Simmons Bank | 0.02% | No change | 1,228 | $255K |
| PFG Advisors | 0.01% | Reduce -6.2% | 1,218 | $253K |
| Caprock Group, LLC | 0.01% | No change | 1,193 | $248K |
| Snowden Capital Advisors LLC | 0.01% | Add +12.7% | 1,193 | $248K |
| RBA Wealth Management, LLC | 0.08% | Add +3.9% | 1,187 | $246K |
| NORTHSTAR ASSET MANAGEMENT Co | 0.05% | No change | 1,185 | $246K |
| Csenge Advisory Group | 0.01% | Add +1.0% | 1,162 | $241K |
| Composition Wealth, LLC | 0.00% | Add +1.9% | 1,144 | $238K |
| Elm Partners Management LLC | 0.01% | Reduce -29.0% | 1,120 | $232K |
| Independent Wealth Network Inc. | 0.07% | Add +1.4% | 1,112 | $231K |
| One Capital Management, LLC | 0.01% | No change | 1,100 | $228K |
| Ieq Capital, LLC | 0.00% | Add +0.3% | 1,098 | $228K |
| Pine Valley Investments Ltd Liability Co | 0.01% | No change | 1,081 | $224K |
| BIP Wealth, LLC | 0.01% | No change | 1,077 | $224K |
| BNC Wealth Management, LLC | 0.06% | No change | 1,062 | $220K |
| Shade Tree Advisors LLC | 0.17% | New | 1,059 | $220K |
| McGuire Investment Group, LLC | 0.02% | Reduce -1.2% | 1,048 | $218K |
| Swisher Financial Concepts, Inc. | 0.12% | Reduce -1.6% | 1,045 | $217K |
| Benjamin Edwards Inc. | 0.00% | Add +3.1% | 1,031 | $214K |
| Lodestar Private Asset Management LLC | 0.02% | Reduce -0.3% | 1,026 | $213K |
| Fulton Breakefield Broenniman LLC | 0.01% | No change | 1,025 | $213K |
| Allworth Financial LP | 0.00% | Add +2.0% | 1,020 | $212K |
| Avantax Planning Partners, Inc. | 0.01% | New | 1,019 | $211K |
| CreativeOne Wealth, LLC | 0.01% | New | 1,006 | $209K |
| American Trust | 0.02% | New | 1,003 | $208K |
| Colonial Trust Co / SC | 0.03% | No change | 1,000 | $208K |
| Smith Salley Wealth Management | 0.01% | No change | 1,000 | $208K |
| Unique Wealth, LLC | 0.03% | No change | 986 | $205K |
| PFG Investments, LLC | 0.01% | Add +0.1% | 979 | $203K |
| Foster Group, Inc. | 0.01% | New | 967 | $201K |
| Hurley Capital, LLC | 0.10% | Add +24.0% | 868 | $180K |
| City Holding Co. | 0.02% | New | 863 | $179K |
| Union Bancaire Privee, UBP SA | 0.00% | No change | 1,000 | $178K |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | New | 853 | $177K |
| Progressive Investment Management Corp | 0.03% | No change | 700 | $145K |
| Global Retirement Partners, LLC | 0.00% | Add +34.8% | 643 | $134K |
| Cornerstone Planning Group LLC | 0.02% | Add +81.9% | 542 | $125K |
| Flagship Wealth Advisors, LLC | 0.04% | No change | 602 | $125K |
| CDKV Holdings LLC | 0.10% | — | 581 | $121K |
| Advocate Investing Services LLC | 0.11% | — | 571 | $118K |
| Hazlett, Burt & Watson, Inc. | 0.04% | Add +8.0% | 551 | $114K |
| EverSource Wealth Advisors, LLC | 0.00% | No change | 536 | $111K |
| Westside Investment Management, Inc. | 0.02% | Add +0.2% | 520 | $108K |
| Kayne Anderson Rudnick Investment Management LLC | 0.00% | No change | 515 | $107K |
| Cardiff Park Advisors, LLC | 0.01% | No change | 511 | $106K |
| Caitlin John, LLC | 0.07% | No change | 500 | $104K |
| Annis Gardner Whiting Capital Advisors, LLC | 0.02% | New | 500 | $104K |
| Capital Investment Advisory Services, LLC | 0.01% | Add +0.6% | 489 | $101K |
| MAI Capital Management | 0.00% | Reduce -16.1% | 465 | $96K |
| Glenmede Trust Co. NA | 0.00% | — | 437 | $91K |
| AE Wealth Management LLC | 0.00% | No change | 400 | $83K |
| Sound Income Strategies, LLC | 0.00% | Add +846.1% | 369 | $83K |
| Harbour Investments, Inc. | 0.00% | Reduce -2.0% | 398 | $83K |
| Tripletail Wealth Management, LLC | 0.10% | No change | 393 | $82K |
| SBI Securities Co., Ltd. | 0.00% | Add +2.1% | 391 | $81K |
| Dynamic Wealth Strategies, LLC | 0.05% | Add +0.5% | 386 | $80K |
| Cwm, LLC | 0.00% | Add +125.5% | 372 | $77K |
| Key Financial Inc | 0.01% | No change | 361 | $75K |
| Optima Capital LLC | 0.03% | Reduce -65.7% | 355 | $74K |
| Cape Investment Advisory, Inc. | 0.02% | Add +96.0% | 341 | $71K |
| Laurel Wealth Advisors LLC | 0.01% | New | 339 | $70K |
| First Horizon Corp. | 0.00% | No change | 334 | $69K |
| Coastline Trust Co | 0.01% | No change | 325 | $67K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -7.7% | 312 | $65K |
| Bellevue Asset Management, LLC | 0.02% | No change | 301 | $63K |
| Strategic Wealth Advisors LLC | 0.05% | — | 300 | $62K |
| Larson Financial Group LLC | 0.00% | Add +2341.7% | 293 | $61K |
| Davis Capital Management | 0.04% | No change | 287 | $60K |
| Webster Bank, N. A. | 0.01% | No change | 275 | $57K |
| Strive Financial Group ,LLC | 0.03% | — | 254 | $53K |
| Montag A & Associates Inc. | 0.00% | No change | 245 | $51K |
| Wealth Preservation Advisors, LLC | 0.02% | No change | 224 | $46K |
| NBT Bank, N.A. | 0.00% | Add +1.0% | 299 | $46K |
| Bogart Wealth, LLC | 0.00% | No change | 218 | $45K |
| Root Financial Partners, LLC | 0.00% | Add +46.2% | 212 | $44K |
| Fourth Dimension Wealth, LLC | 0.02% | No change | 204 | $42K |
| Global Wealth Strategies & Associates | 0.01% | No change | 202 | $42K |
| C M Bidwell & Associates Ltd. | 0.02% | No change | 185 | $38K |
| Concord Wealth Partners | 0.01% | No change | 185 | $38K |
| Armstrong Advisory Group, Inc. | 0.00% | Reduce -9.8% | 175 | $36K |
| New Millennium Group LLC | 0.01% | Reduce -5.2% | 163 | $34K |
| Running Point Capital Advisors, LLC | 0.01% | No change | 154 | $32K |
| TD Private Client Wealth LLC | 0.00% | Add +6.3% | 152 | $32K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -25.5% | 149 | $31K |
| BOK Financial Private Wealth, Inc. | 0.00% | New | 146 | $30K |
| Greykasell Wealth Strategies, Inc. | 0.01% | No change | 131 | $27K |
| Parkside Financial Bank & Trust | 0.00% | Add +333.3% | 130 | $27K |
| Godfrey Financial Associates, Inc. | 0.02% | — | 127 | $26K |
| Front Row Advisors LLC | 0.01% | No change | 125 | $26K |
| Hollencrest Capital Management | 0.00% | No change | 125 | $26K |
| Whittier Trust Co. of Nevada Inc. | 0.00% | No change | 117 | $26K |
| Ashton Thomas Securities, LLC | 0.00% | No change | 120 | $25K |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 0.01% | New | 120 | $25K |
| Noble Wealth Management PBC | 0.01% | No change | 119 | $25K |
| Paladin Advisory Group, LLC | 0.02% | Reduce -58.6% | 113 | $23K |
| Aptus Capital Advisors, LLC | 0.00% | Add +15.6% | 111 | $23K |
| Franklin Resources Inc. | 0.00% | New | 105 | $22K |
| Bayban | 0.02% | — | 102 | $21K |
| CIBC Private Wealth Group LLC | 0.00% | Add +160.0% | 91 | $19K |
| Geneos Wealth Management Inc. | 0.00% | No change | 89 | $18K |
| Atlantic Edge Private Wealth Management, LLC | 0.00% | No change | 85 | $18K |
| Creative Financial Designs Inc. | 0.00% | No change | 85 | $18K |
| Olistico Wealth, LLC | 0.01% | New | 73 | $15K |
| Signature Equity Partners, LLC | 0.01% | — | 71 | $15K |
| Triumph Capital Management | 0.00% | New | 70 | $15K |
| Breakwater Investment Management | 0.00% | No change | 65 | $13K |
| Missouri Trust & Investment Co | 0.00% | No change | 56 | $12K |
| Barrett & Company, Inc. | 0.00% | No change | 54 | $11K |
| Ameliora Wealth Management Ltd. | 0.00% | No change | 51 | $11K |
| Medallion Wealth Advisors, LLC | 0.00% | No change | 50 | $10K |
| Costello Asset Management, INC | 0.00% | No change | 49 | $10K |
| Duncker Streett & Co. Inc. | 0.00% | No change | 49 | $10K |
| Blue Bell Private Wealth Management, LLC | 0.00% | No change | 49 | $10K |
| Avion Wealth | 0.00% | No change | 52 | $10K |
| Kohmann Bosshard Financial Services, LLC | 0.00% | New | 47 | $10K |
| Farmers & Merchants Investments Inc. | 0.00% | No change | 47 | $10K |
| Blue Trust, Inc. | 0.00% | Add +155.6% | 46 | $10K |
| eCIO, Inc. | 0.00% | New | 45 | $9K |
| Monetary Management Group Inc. | 0.00% | New | 45 | $9K |
| Salomon & Ludwin, LLC | 0.00% | No change | 42 | $9K |
| Boyd Watterson Asset Management LLC | 0.00% | No change | 42 | $9K |
| Curio Wealth, LLC | 0.00% | New | 40 | $8K |
| St Germain D J Co. Inc. | 0.00% | No change | 40 | $8K |
| Wilmington Savings Fund Society, FSB | 0.00% | Reduce -86.7% | 38 | $8K |
| Nova Wealth Management, Inc. | 0.01% | No change | 35 | $7K |
| Founders Financial Alliance, LLC | 0.00% | Reduce -41.8% | 32 | $7K |
| Fortis Group Advisors, LLC | 0.00% | No change | 31 | $6K |
| Dogwood Wealth Management LLC | 0.00% | No change | 29 | $6K |
| SOA Wealth Advisors, LLC. | 0.00% | No change | 28 | $6K |
| CoreCap Advisors, LLC | 0.00% | Add +154.6% | 28 | $6K |
| HHM Wealth Advisors, LLC | 0.00% | No change | 25 | $5K |
| SouthState Bank Corp | 0.00% | No change | 25 | $5K |
| CBIZ Investment Advisory Services, LLC | 0.00% | New | 25 | $5K |
| Financial Connections Group, Inc. | 0.00% | No change | 25 | $5K |
| Elevate Wealth Advisory, Inc. | 0.00% | No change | 24 | $5K |
| Hilton Head Capital Partners, LLC | 0.00% | — | 24 | $5K |
| Ritter Daniher Financial Advisory LLC / DE | 0.00% | New | 24 | $5K |
| Lodestone Wealth Management LLC | 0.00% | New | 23 | $5K |
| National Bank of Canada | 0.00% | Reduce -99.8% | 20 | $4K |
| Trust Co | 0.00% | New | 18 | $4K |
| IFP Advisors, Inc | 0.00% | No change | 16 | $3K |
| Independence Bank of Kentucky | 0.00% | No change | 14 | $3K |
| Westfuller Advisors, LLC | 0.00% | No change | 14 | $3K |
| Turning Point Benefit Group, Inc. | 0.00% | New | 13 | $3K |
| Anfield Capital Management, LLC | 0.00% | No change | 13 | $3K |
| Founders Capital Management | 0.00% | No change | 12 | $2K |
| Caldwell Sutter Capital, Inc. | 0.00% | New | 12 | $2K |
| Nemes Rush Group LLC | 0.00% | No change | 11 | $2K |
| POM Investment Strategies, LLC | 0.00% | New | 11 | $2K |
| Keating Financial Advisory Services, Inc. | 0.00% | — | 11 | $2K |
| WealthCollab, LLC | 0.00% | New | 7 | $1K |
| SageView Advisory Group, LLC | 0.00% | New | 6 | $1K |
| Flagship Harbor Advisors, LLC | 0.00% | New | 6 | $1K |
| McIlrath & Eck, LLC | 0.00% | No change | 6 | $1K |
| Maseco LLP | 0.00% | New | 6 | $1K |
| Pinnacle Wealth Planning Services, Inc. | 0.00% | New | 5 | $1K |
| SJS Investment Consulting Inc. | 0.00% | New | 5 | $1K |
| Comprehensive Financial Planning, Inc. | 0.00% | No change | 5 | $1K |
| Federation des caisses Desjardins du Quebec | 0.00% | No change | 2 | $415 |
| DT Investment Partners, LLC | 0.00% | No change | 1 | $211 |
| Centennial Bank | 0.00% | Reduce -50.0% | 1 | $208 |
| Covestor Ltd | 0.00% | No change | 1 | $0 |
"% of holder's portfolio" is VAW's weight in each manager's 13F, not the share of Vanguard Materials ETF the manager owns.