VUG
The 13F ownership breakdown for Vanguard Growth ETF (VUG) shows a filing base dominated by two buckets: other_unclassified at 62.8% and dealer_bank at 33.1%.
The remaining slices are small and scattered: quality_compounder holders sit at 2.6%, income_defensive at 0.9%, systematic_quant at 0.4%, passive_index at 0.2%, tactical_macro at 0.1%, and deep_value rounds to 0.0%. None of these groups has enough weight to argue that a particular style of investor is driving flows into or out of VUG right now. The dealer_bank share at 33.1% is worth watching on its own, since that classification often reflects market-making and hedging inventory rather than directional conviction, which can inflate the appearance of institutional interest without reflecting an investment thesis. Institutional pressure on VUG reads neutral, with a score of 0.00, and the broader market regime score is also near flat at 0.06. Neither metric points to funds leaning into or away from growth exposure through this vehicle at the moment the data was pulled. All of this comes from 13F filings, which run 45 to 90 days behind the date they are reported, so the ownership mix described here is a lagging snapshot, not a live read of who holds VUG today. Position sizes, new entrants, and exits since the filing window closed are not visible in this data, and the neutral scores describe the past, not what happens next.
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| Bank of America Corp | 54.6M | 1.7% | +14% |
| JONES FINANCIAL COMPANIES LLLP | 39.2M | 8.0% | −0% |
| Morgan Stanley | 14.9M | 0.4% | n/a |
| ENVESTNET ASSET MANAGEMENT INC | 8.7M | 1.0% | +14% |
| UBS Group AG | 6.1M | 0.4% | +8% |
| LPL Financial LLC | 5.4M | 0.6% | −2% |
Top institutional owners for VUG as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
No Form 4 filings on record for VUG in the last 180 days.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention VUG yet.