VEA · VANGUARD DEVELOPED MARKETS INDEX FUND ETF

$73.76 +0.32 (+0.44%) At close · Sep 4

Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.

Use institutional holdings through the 13F API or MCP →

Quarter:

Holders: 1,413

Total Value: $141,940,801,347

Total Shares: 1,992,120,774

Showing 1–100 of 1,422 holdings by value · page 1 of 15

Institutional Ownership Trend

26 quarters

Holder Concentration

Across 1,413 13F filers · Δ vs Mar 31, 2026

Top Holder

10.1%

+1.8 pts

Top 5

31.1%

+4.9 pts

Top 10

45.8%

+7.4 pts

HHI

304

Broadly held+87

Quarterly Activity

vs Mar 31, 2026

New

133

Increased

658

Decreased

466

Sold Out

1,599

Unchanged

156

Holder count: -1,466

Institutional value: -7.5%

Shares held: -17.2%

Top Buyers

vs Mar 31, 2026

Institution	Added	Now Holds
Mega GOLDMAN SACHS GROUP INC	+4,745,816	31,653,334
Mid Savant Capital, LLC	+4,423,680	8,233,142
Large Focus Partners Wealth	+3,631,016	11,918,550
Mega BANK OF AMERICA CORP /DE/	+2,941,071	201,617,733
Large NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO	+2,675,380	66,823,471

Top Sellers

vs Mar 31, 2026

Institution	Sold	Now Holds
Mid Gallagher Fiduciary Advisors, LLC	−11,938,021	198,842
Mega MORGAN STANLEY	−11,128,021	73,490,701
Mid Jasper Ridge Partners, L.P.	−5,147,666	15,979,954
Large Corient Private Wealth LLC	−3,506,619	29,867,238
Large Creative Planning	−3,436,418	116,981,979

Top New Positions

vs Mar 31, 2026

Institution	Acquired	Value (USD)
Large NewEdge Advisors, LLC	2,363,407	$168,392,748
Small Keel Point, LLC	1,321,242	$94,138,492
Small Old Mission Investment Co LLC	845,497	$60,241,661
Large BRANDES INVESTMENT PARTNERS, LP	651,601	$46,426,571
Mid Global Retirement Partners, LLC	625,958	$44,599,507

Top Sold-Out Positions

vs Mar 31, 2026

Institution	Previously Held	Last Value (USD)
Small WealthNavi Inc.	49,481,329	$3,170,763,562
Large COMMONWEALTH EQUITY SERVICES, LLC	16,771,525	$1,074,719,322
Small Facet Wealth, Inc.	13,952,816	$894,096,449
Small CLIFTONLARSONALLEN WEALTH ADVISORS, LLC	10,869,572	$696,522,173
Mid COUNTRY TRUST BANK	7,398,667	$474,106,580

Filter: New 133 Increased 658 Reduced 466 Sold out 1,599 Unchanged 156

Showing 100 of 1,422

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

BANK OF AMERICA CORP /DE/

$14,365,263,473

10.12%

201,617,733

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF AMERICA NA	87,092,963	$6,205,373,613	43.2%	Defined
MERRILL LYNCH, PIERCE, FENNER & SMITH INC.	29,882,627	$2,129,137,173	14.8%	Defined
BOFA SECURITIES, INC.	1,021,058	$72,750,382	0.5%	Defined
U.S. TRUST Co OF DELAWARE	924,218	$65,850,532	0.5%	Defined
MANAGED ACCOUNT ADVISORS LLC joint	82,696,867	$5,892,151,773	41.0%	Defined

Betterment LLC

$9,884,311,147

6.96%

138,727,174

Creative Planning

$8,334,966,003

5.87%

116,981,979

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CREATIVE PLANNING TRUST Co LLC	1,719,936	$122,545,440	1.5%	Defined
Held directly	115,262,043	$8,212,420,563	98.5%	Sole

ENVESTNET ASSET MANAGEMENT INC

$6,277,925,992

4.42%

88,111,242

MORGAN STANLEY

$5,236,212,444

3.69%

73,490,701

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MORGAN STANLEY & CO. LLC	329,692	$23,490,555	0.4%	Defined
MORGAN STANLEY CAPITAL SERVICES, LLC	146,600	$10,445,250	0.2%	Defined
MORGAN STANLEY INVESTMENT MANAGEMENT INC	446	$31,777	0.0%	Defined
MORGAN STANLEY SMITH BARNEY LLC	70,628,174	$5,032,257,397	96.1%	Defined
PARAMETRIC PORTFOLIO ASSOCIATES LLC	2,379,722	$169,555,192	3.2%	Defined
EATON VANCE MANAGEMENT	4,307	$306,873	0.0%	Defined
Calvert Research & Management	1,760	$125,400	0.0%	Defined

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO

$4,761,172,308

3.35%

66,823,471

Wealthfront Advisers LLC

$4,148,211,408

2.92%

58,220,511

WELLS FARGO & COMPANY/MN

$4,132,409,013

2.91%

57,998,723

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WELLS FARGO BANK N A	14,212,852	$1,012,665,705	24.5%	Defined
WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC	11,941,680	$850,844,700	20.6%	Defined
WELLS FARGO CLEARING SERVICES, LLC	30,432,184	$2,168,293,110	52.5%	Defined
WELLS FARGO DELAWARE TRUST CO, N.A.	38,159	$2,718,828	0.1%	Defined
WELLS FARGO INVESTMENT INSTITUTE, INC.	1,373,848	$97,886,670	2.4%	Defined

JONES FINANCIAL COMPANIES LLLP

$4,048,442,313

2.85%

56,820,243

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Edward D. Jones & Co., L.P.	54,798,359	$3,904,383,078	96.4%	Sole
Edward Jones Trust Company	2,021,884	$144,059,235	3.6%	Sole

NORTHERN TRUST CORP

$3,830,679,513

2.70%

53,763,923

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
NORTHERN TRUST CO joint	53,763,923	$3,830,679,513	100.0%	Defined

ROYAL BANK OF CANADA

$3,305,427,360

2.33%

46,391,963

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RBC Global Asset Management Inc.	162,330	$11,566,012	0.3%	Defined
RBC Capital Markets, LLC	38,872,116	$2,769,638,265	83.8%	Defined
RBC Dominion Securities Inc.	1,292,601	$92,097,821	2.8%	Defined
RBC Phillips, Hager & North Investment Counsel Inc.	517,618	$36,880,282	1.1%	Defined
RBC Private Counsel (USA) Inc.	442,266	$31,511,452	1.0%	Defined
ROYAL TRUST CORP OF CANADA/	2,180	$155,325	0.0%	Defined
RBC Trust Co (Delaware) Ltd	255,494	$18,203,947	0.6%	Defined
CITY NATIONAL BANK	4,093,236	$291,643,064	8.8%	Defined
RBC Rochdale, LLC	595,108	$42,401,445	1.3%	Defined
RBC Dominion Securities Global Ltd	131,916	$9,399,015	0.3%	Defined
ENVESTNET ASSET MANAGEMENT INC joint	27,098	$1,930,732	0.1%	Other

Mariner, LLC

$2,641,100,129

1.86%

37,068,072

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Mariner Platform Solutions, LLC	1,567,568	$111,689,220	4.2%	Other
Mariner Managed Account Solutions, LLC	5,749	$409,616	0.0%	Sole
Held directly	35,494,755	$2,529,001,293	95.8%	Sole

MERCER GLOBAL ADVISORS INC /ADV

$2,604,883,826

1.84%

36,559,773

GOLDMAN SACHS GROUP INC

$2,255,300,045

1.59%

31,653,334

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
GOLDMAN SACHS & CO. LLC	14,614,962	$1,041,316,042	46.2%	Defined
GOLDMAN SACHS ASSET MANAGEMENT, L.P.	8,301,231	$591,462,708	26.2%	Defined
GOLDMAN SACHS INTERNATIONAL	7,676,470	$546,948,487	24.3%	Defined
GOLDMAN SACHS BANK AG	107,506	$7,659,802	0.3%	Defined
GOLDMAN SACHS WEALTH SERVICES, L.P.	590,400	$42,066,000	1.9%	Defined
Goldman Sachs Trust Company, N.A.	362,765	$25,847,006	1.1%	Defined

UBS Group AG

$2,201,333,158

1.55%

30,895,904

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
UBS Financial Services Inc	30,867,489	$2,199,308,591	99.9%	Defined
UBS AG	1,003	$71,463	0.0%	Defined
UBS Switzerland AG	23,795	$1,695,393	0.1%	Defined
UBS Securities LLC	3,617	$257,711	0.0%	Defined

CAPTRUST FINANCIAL ADVISORS

$2,179,389,941

1.54%

30,587,929

Corient Private Wealth LLC

$2,128,040,707

1.50%

29,867,238

LPL Financial LLC

$2,023,521,660

1.43%

28,400,304

SEI INVESTMENTS CO

$1,770,979,098

1.25%

24,855,847

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SEI INVESTMENTS MANAGEMENT CORP	24,670,917	$1,757,802,836	99.3%	Sole
SEI TRUST CO	184,930	$13,176,262	0.7%	Sole

Baird Financial Group, Inc.

$1,600,372,540

1.13%

22,461,369

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Robert W. Baird & Co. Inc	7,067,414	$503,553,247	31.5%	Defined
BAIRD TRUST Co	15,393,955	$1,096,819,293	68.5%	Defined

Cerity Partners LLC

$1,527,607,906

1.08%

21,440,111

Vanguard Global Advisers, LLC

$1,510,707,123

1.06%

21,202,907

TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC

$1,443,998,171

1.02%

20,266,641

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA	20,266,641	$1,443,998,171	100.0%	Defined

RAYMOND JAMES FINANCIAL INC

$1,159,860,580

0.82%

16,278,745

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
RAYMOND JAMES & ASSOCIATES	4,040,037	$287,852,636	24.8%	Defined
Raymond James Financial Services Advisors, Inc.	10,711,175	$763,171,218	65.8%	Defined
RAYMOND JAMES TRUST N.A.	1,527,533	$108,836,726	9.4%	Defined

Jasper Ridge Partners, L.P.

$1,138,571,722

0.80%

15,979,954

JPMORGAN CHASE & CO

$1,137,000,300

0.80%

15,957,899

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
J.P. Morgan Trust Co of Delaware	234,653	$16,719,025	1.5%	Other
JPMorgan Chase Bank, N.A.	3,257,130	$232,070,512	20.4%	Other
J.P. Morgan Investment Management Inc.	225,707	$16,081,623	1.4%	Defined
J.P. Morgan Securities LLC	10,922,491	$778,227,483	68.4%	Defined
J.P. Morgan Private Investments Inc.	1,054	$75,097	0.0%	Defined
55I, LLC	1,316,864	$93,826,560	8.3%	Other

AMERIPRISE FINANCIAL INC

$1,121,842,720

0.79%

15,745,161

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Columbia Management Investment Advisers, LLC	1,027,045	$73,176,956	6.5%	Defined
Ameriprise Financial Services, LLC joint	14,684,892	$1,046,298,554	93.3%	Defined
Ameriprise Bank, FSB	33,224	$2,367,210	0.2%	Defined

Wealthspire Advisors, LLC

$1,115,930,467

0.79%

15,662,182

FMR LLC

$1,105,124,050

0.78%

15,510,513

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fidelity Management & Research Co LLC	3,498	$249,232	0.0%	Defined
STRATEGIC ADVISERS LLC	15,507,014	$1,104,874,747	100.0%	Defined
Held directly	1	$71	0.0%	Defined

RWA WEALTH PARTNERS, LLC

$1,075,765,132

0.76%

15,098,458

Nicholas Hoffman & Company, LLC.

$926,293,248

0.65%

13,000,607

Bank of New York Mellon Corp

$919,664,857

0.65%

12,907,577

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BNY Mellon Trust of Delaware	105,424	$7,511,459	0.8%	Defined
Mellon Investments Corporation	5,666,496	$403,737,840	43.9%	Defined
BNY Mellon Securities Corporation	183,418	$13,068,532	1.4%	Defined
BNY Mellon, NA joint	937,575	$66,802,218	7.3%	Defined
BNY Mellon Advisors, Inc. joint	5,961,804	$424,778,534	46.2%	Defined
Insight North America LLC	52,859	$3,766,203	0.4%	Defined
Held directly	1	$71	0.0%	Defined

Valmark Advisers, Inc.

$863,959,117

0.61%

12,125,742

Focus Partners Wealth

$849,196,687

0.60%

11,918,550

HighTower Advisors, LLC

$828,784,488

0.58%

11,632,063

MONETA GROUP INVESTMENT ADVISORS LLC

$780,753,795

0.55%

10,957,948

US BANCORP \DE\

$741,824,931

0.52%

10,411,578

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
US BANK NATIONAL ASSOCIATION	10,086,862	$718,688,917	96.9%	Defined
U.S. BANCORP ASSET MANAGEMENT INC	132,419	$9,434,853	1.3%	Defined
U.S. BANCORP ADVISORS, LLC	192,297	$13,701,161	1.8%	Defined

MANUFACTURERS LIFE INSURANCE COMPANY, THE

$730,037,261

0.51%

10,246,137

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
MANULIFE FINANCIAL CORP joint	10,246,137	$730,037,261	100.0%	Defined

Fisher Asset Management, LLC

$680,548,008

0.48%

9,551,551

CAMBRIDGE ASSOCIATES LLC /MA/ /ADV

$671,973,712

0.47%

9,431,210

MML INVESTORS SERVICES, LLC

$652,015,590

0.46%

9,151,096

SCS Capital Management LLC

$648,925,477

0.46%

9,107,726

REGIONS FINANCIAL CORP

$643,402,961

0.45%

9,030,217

PNC FINANCIAL SERVICES GROUP, INC.

$628,241,101

0.44%

8,817,419

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
PNC Bank, National Association	8,184,942	$583,177,116	92.8%	Defined
PNC Delaware Trust Company	240,804	$17,157,284	2.7%	Defined
PNC Ohio Trust Company	46,997	$3,348,536	0.5%	Defined
PNC Wealth Management LLC	344,676	$24,558,165	3.9%	Defined

STIFEL FINANCIAL CORP

$597,237,732

0.42%

8,382,284

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
STIFEL NICOLAUS & CO INC \MO\	5,148,509	$366,831,266	61.4%	Defined
Stifel Independent Advisors, LLC	8,714	$620,872	0.1%	Defined
1919 Investment Counsel, LLC	1,332,571	$94,945,683	15.9%	Defined
Stifel Trust Company, N.A.	298,826	$21,291,352	3.6%	Defined
Stifel Trust Co Delaware, N.A.	40,306	$2,871,802	0.5%	Defined
Washington Crossing Advisers LLC	1,546,202	$110,166,892	18.4%	Defined
Held directly	7,156	$509,865	0.1%	Defined

CIBC Bancorp USA Inc.

$594,033,764

0.42%

8,337,316

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
CIBC Private Wealth Advisors, Inc.	6,016,847	$428,700,348	72.2%	Defined
CIBC National Trust Co	2,320,469	$165,333,416	27.8%	Defined

Savant Capital, LLC

$586,611,367

0.41%

8,233,142

Cetera Investment Advisers

$580,667,265

0.41%

8,149,716

HBK Sorce Advisory LLC

$561,881,062

0.40%

7,886,050

HUNTINGTON NATIONAL BANK

$514,561,514

0.36%

7,221,916

MAI Capital Management

$501,846,524

0.35%

7,043,460

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
EVOKE WEALTH, LLC	2,291,542	$163,272,367	32.5%	Defined
Held directly	4,751,918	$338,574,157	67.5%	Sole

WIT, LLC

$479,305,590

0.34%

6,727,096

ALLIANCEBERNSTEIN L.P.

$430,096,777

0.30%

6,036,446

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Equitable Holdings, Inc.	6,036,446	$430,096,777	100.0%	Defined

OSAIC HOLDINGS, INC.

$422,186,600

0.30%

5,925,426

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
OSAIC WEALTH, INC.	4,918,456	$350,439,990	83.0%	Defined
LADENBURG THALMANN ASSET MANAGEMENT	2,494	$177,697	0.0%	Sole
OSAIC INSTITUTIONS, INC.	37,587	$2,678,073	0.6%	Defined
CW Advisors, LLC	256,070	$18,244,987	4.3%	Sole
Osaic Advisory Services, LLC	710,819	$50,645,853	12.0%	Defined

M&T Bank Corp

$400,294,110

0.28%

5,618,163

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manufacturers & Traders Trust Company joint	151,556	$10,798,363	2.7%	Defined
Wilmington Trust Investment Advisors, Inc. joint	13,687	$975,198	0.2%	Defined
Wilmington Trust National Association joint	2,183,216	$155,554,139	38.9%	Defined
Wilmington Trust Company	3,269,704	$232,966,410	58.2%	Defined

Pathstone Holdings, LLC

$390,881,417

0.28%

5,486,055

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ADVISOR PARTNERS II, LLC	1,023,371	$72,915,183	18.7%	Defined
Willow Street Trust Co of Wyoming, LLC	22,640	$1,613,100	0.4%	Other
Held directly	4,440,044	$316,353,134	80.9%	Sole

Modera Wealth Management, LLC

$374,589,536

0.26%

5,257,397

FIFTH THIRD BANCORP

$362,565,671

0.26%

5,088,641

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fifth Third Bank, National Association	5,088,641	$362,565,671	100.0%	Defined

Beacon Pointe Advisors, LLC

$360,967,890

0.25%

5,066,216

VOYA INVESTMENT MANAGEMENT LLC

$350,816,759

0.25%

4,923,744

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Voya Investment Management Co. LLC joint	4,923,744	$350,816,759	100.0%	Defined

Rockefeller Capital Management L.P.

$347,101,142

0.24%

4,871,595

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
ROCKEFELLER & CO. LLC	1,570,938	$111,929,332	32.2%	Defined
ROCKEFELLER TRUST COMPANY, N.A. joint	72,037	$5,132,636	1.5%	Defined
Rockefeller Trust Co (Delaware) joint	178,332	$12,706,154	3.7%	Defined
ROCKEFELLER FINANCIAL LLC	3,050,288	$217,333,020	62.6%	Defined

WESTWOOD HOLDINGS GROUP INC

$344,686,267

0.24%

4,837,702

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
WESTWOOD MANAGEMENT CORP /TX joint	4,837,702	$344,686,267	100.0%	Defined

Fiduciary Trust Co

$338,869,631

0.24%

4,756,065

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Fiduciary Trust Co of New England	392,548	$27,969,045	8.3%	Defined
Held directly	4,363,517	$310,900,586	91.7%	Sole

VANTAGEPOINT INVESTMENT ADVISERS LLC

$328,401,296

0.23%

4,609,141

Ally Invest Advisors Inc.

$325,343,673

0.23%

4,566,227

BlackRock, Inc.

$317,829,933

0.22%

4,460,771

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BlackRock Investment Management, LLC	2,751,577	$196,049,861	61.7%	Sole
Aperio Group, LLC	1,581,746	$112,699,402	35.5%	Sole
SpiderRock Advisors, LLC	127,448	$9,080,670	2.9%	Sole

BRIDGES INVESTMENT MANAGEMENT INC

$317,341,372

0.22%

4,453,914

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Manager 1	2,079,804	$148,186,035	46.7%	Defined
Held directly	2,374,110	$169,155,337	53.3%	Sole

VANGUARD ADVISERS INC

$311,560,788

0.22%

4,372,783

NEPC LLC

$306,303,393

0.22%

4,298,995

BLAIR WILLIAM & CO/IL

$305,735,388

0.22%

4,291,023

TFO Wealth Partners, LLC

$301,620,915

0.21%

4,233,276

Pinnacle Financial Partners, Inc.

$290,849,837

0.20%

4,082,103

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
SYNOVUS TRUST CO NA	3,130,130	$223,021,762	76.7%	Defined
Synovus Securities, Inc.	19,868	$1,415,595	0.5%	Defined
Pinnacle Bank	932,105	$66,412,480	22.8%	Defined

State of Tennessee, Department of Treasury

$283,520,636

0.20%

3,979,237

Janney Montgomery Scott LLC

$255,353,231

0.18%

3,583,905

BLB&B Advisors, LLC

$254,805,461

0.18%

3,576,217

Johnson Financial Group, LLC

$240,815,167

0.17%

3,379,862

COLDSTREAM CAPITAL MANAGEMENT INC

$230,547,258

0.16%

3,235,751

VICTORY CAPITAL MANAGEMENT INC

$227,393,947

0.16%

3,191,494

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
VOYA INVESTMENTS, LLC	25,064	$1,785,810	0.8%	Other
Northern Trust Investments, Inc	27,261	$1,942,346	0.9%	Other
Held directly	3,139,169	$223,665,791	98.4%	Sole

BANK OF MONTREAL /CAN/

$220,727,296

0.16%

3,097,927

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BMO Bank N.A.	947,560	$67,513,650	30.6%	Defined
BMO Delaware Trust Co	83,575	$5,954,718	2.7%	Defined
BMO Family Office, LLC	538,130	$38,341,762	17.4%	Defined
BMO NESBITT BURNS INC.	1,160,350	$82,674,937	37.5%	Defined
BMO PRIVATE INVESTMENT COUNSEL INC.	339,125	$24,162,656	10.9%	Defined
BMO NESBITT BURNS SECURITIES LTD.	17,830	$1,270,387	0.6%	Defined
Stoker Ostler Wealth Advisors, Inc.	11,357	$809,186	0.4%	Defined

Orion Porfolio Solutions, LLC

$203,719,353

0.14%

2,859,219

BOK Financial Private Wealth, Inc.

$193,515,356

0.14%

2,716,005

DAVIS R M INC

$188,503,275

0.13%

2,645,660

LINCOLN NATIONAL CORP

$187,372,965

0.13%

2,629,796

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Lincoln Financial Investments Corp	2,629,796	$187,372,965	100.0%	Sole

Aptus Capital Advisors, LLC

$176,179,945

0.12%

2,472,701

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Williams Financial Group, LLC	521,671	$37,169,058	21.1%	Other
Held directly	1,951,030	$139,010,887	78.9%	Sole

West Virginia University Foundation, Inc

$175,478,418

0.12%

2,462,855

Summit Trail Advisors, LLC

$171,970,353

0.12%

2,413,619

Hills Bank & Trust Co

$171,461,984

0.12%

2,406,484

BANK OF HAWAII

$168,961,608

0.12%

2,371,391

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
BANK OF HAWAII CORP	2,371,391	$168,961,608	100.0%	Defined

Plante Moran Financial Advisors, LLC

$168,424,383

0.12%

2,363,851

NewEdge Advisors, LLC

$168,392,748

0.12%

2,363,407

Hirtle & Co., LLC

$165,586,638

0.12%

2,324,023

GLENMEDE TRUST CO NA

$162,158,301

0.11%

2,275,906

Cresset Asset Management, LLC

$160,810,466

0.11%

2,256,989

CITIZENS FINANCIAL GROUP INC/RI

$152,954,369

0.11%

2,146,728

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Citizens Bank, National Association	6,399	$455,928	0.3%	Defined
CITIZENS PRIVATE WEALTH, LLC	2,140,329	$152,498,441	99.7%	Defined

First Financial Bankshares Inc

$150,099,026

0.11%

2,106,653

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
First Financial Trust & Asset Management Company	2,106,653	$150,099,026	100.0%	Defined

Keewaydin Investments LLC

$148,963,158

0.10%

2,090,711

Fusion Family Wealth, LLC

$139,251,712

0.10%

1,954,410

Laird Norton Wetherby Trust Company, LLC

$136,837,904

0.10%

1,920,532

&PARTNERS

$136,545,708

0.10%

1,916,431

Empowered Funds, LLC

$135,346,998

0.10%

1,899,607

This filing is a combination report: the position is filed across the managers below.

Manager	Shares	Value (USD)	% of position	Discretion
Sequoia Financial Group, LLC	1,596,057	$113,719,061	84.0%	Other
Cambria Investment Management, L.P.	18,713	$1,333,301	1.0%	Other
Warren Street Wealth Advisors	8,788	$626,145	0.5%	Other
Avos Capital Management, LLC	276,049	$19,668,491	14.5%	Other