VTWG · VANGUARD RUSSELL 2000 GROWTH INDEX FUND · Holdings ETF

$255.85 +1.53 (+0.60%) At close · Oct 21

Volume · Oct 21 18.53K Avg daily vol (3M) 21.47K

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 →

Institutional holdings are being reconciled with SEC filings. Holder totals and changes may be incomplete until reconciliation finishes.

Quarter:

Holders: 36

Total Value: $32,969,606

Total Shares: 126,524

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 36 13F filers · Δ vs Jun 30, 2026

Top Holder

32.3%

+21.3 pts

Top 5

68.5%

+34.4 pts

Top 10

79.0%

+31.1 pts

HHI

1,498

Broadly held+1,137

Who Holds VTWG

Last 8 quarters through Sep 30, 2026 (filing window open)

Each kind of 13F filer's share of the common shares 13F filers report. Holder type comes from regulatory records, never the filer's name; style, turnover and horizon are measured from each filer's own 13F book. The quarter selector does not change this card.

Jun 30, 2026, the newest closed quarter: 222 filers, like-for-like change +0.8%; actively managed books -0.8%; index-like books +18.1%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	36.7%	143	-3.3%	21	6
Exempt adviser	0.0%	1	new	1	0
Adviser	3.7%	3	-3.7%	0	0
Bank	18.4%	13	+1.1%	0	1
Broker-dealer	2.8%	1	+25.8%	0	0
Non-US	0.0%	1	0.0%	0	0
Holding company	15.3%	6	+10.9%	0	0
Insurer	0.0%	0	—	0	0
Unknown	23.0%	54	-0.2%	8	1

Style	Share	Filers	Change	New	Exited
Index-like	10.0%	5	+18.1%	0	0
Systematic-like	0.5%	3	+121.1%	2	1
Concentrated	15.1%	63	+4.7%	10	0
Diversified active	74.4%	151	-2.2%	18	7
Not measured	0.0%	0	—	0	0
Unknown	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	88.0%	168	+2.2%	16	3
Medium turnover	6.5%	24	-11.1%	6	4
High turnover	4.9%	11	-5.0%	5	1
Unknown	0.5%	19	+9.1%	3	0
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	0.4%	16	+40.1%	3	0
Medium horizon	12.9%	36	-2.4%	5	1
Long horizon	85.9%	165	+1.2%	19	6
Unknown	0.8%	5	+6.5%	3	1
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	19.3%	75	+4.1%	10	1
$1B to $10B	13.4%	71	+2.8%	14	4
$10B to $100B	28.3%	50	-9.1%	5	2
$100B or more	39.0%	26	+7.0%	1	1
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	34.4%	128	-6.1%	18	6
Pooled investment vehicles	0.4%	1	new	1	0
Registered funds and BDCs	0.0%	1	-48.5%	0	0
Pension and profit sharing plans	0.2%	1	+2.1%	0	0
Insurance companies	0.3%	1	0.0%	0	0
Charitable organizations	0.1%	2	0.0%	0	0
Other investment advisers	0.0%	1	new	1	0
Diversified	1.2%	8	+71.6%	1	0
Governments and sovereign funds	0.0%	0	—	0	0
Unknown	63.3%	79	+3.4%	9	2

Private funds	Share	Filers	Change	New	Exited
Hedge funds	4.2%	11	+12.5%	2	0
Private equity funds	1.4%	9	+0.5%	0	0
Real estate funds	0.0%	1	-48.2%	0	1
Securitized asset funds	0.4%	2	0.0%	0	0
Other private funds	2.8%	8	-6.1%	1	0
Mixed private funds	0.0%	0	—	0	0
Private funds, type not stated	0.5%	1	new	1	0
No private funds	27.5%	112	-6.7%	18	5
Unknown	63.3%	78	+3.4%	8	2

Location	Share	Filers	Change	New	Exited
United States	96.7%	214	+1.2%	28	8
Outside the US	3.3%	8	-8.7%	2	0

The Sep 30, 2026 filing window is still open, so its bar shows only the filers that have filed so far.

How the mix is measured

Shares are 13F common shares restated to today's split basis; options and principal amounts are left out. The change compares only filers with a 13F in both quarters and keeps each filer in its bucket of the later quarter on both sides; a filer that continues under a new CIK is compared through its successor. Holder type comes from each filer's current regulatory profile; client base and private funds come from the Form ADV roster current at each quarter end (rosters from December 2019, so an earlier quarter reads Unknown). Style, turnover, horizon and book size are measured from each filer's 13F book in the newest measured quarter, and Not measured means none was. Actively managed books are those measured systematic-like, concentrated or diversified active.

Excluded 1 holder with no observed 2026-03-31 13F and 5 holders with no observed 2026-06-30 13F.

Conviction and Crowding

222 13F filers, quarter ended Jun 30, 2026

Measured across every 13F filer's common-share book once the quarter's filing window closed. Crowding counts filers with high turnover or that advise private funds on Form ADV.

Conviction holders

33.3% of filers hold it in their top 10

Mar 31, 2026: 74

Holders above 5%

median weight 0.016%

Mar 31, 2026: 1

Crowding

—

shares outstanding is an issuer-wide count, not one listing's

Private-fund advisers

—

of shares outstanding

Institutional ownership

—

shares outstanding is an issuer-wide count, not one listing's

Top 10 holders

47.9%

of 13F shares, Herfindahl 0.036

Active holders

-0.8%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 17.4 quarters

Under 1 year 14.3% 1 to 3 years 22.5% 3 years or more 63.2% Since coverage start 0.000%

Managers in the top fifth by current three-year FundScore alpha were net buyers of $0 (0 buying, 0 selling).

Estimated Holder Cost Basis

Quarter ended Jun 30, 2026, on that quarter's share basis

Estimated, never filed: each 13F buy is costed at its quarter's average traded price and each sale keeps the average cost, so this is what holders paid on average if they traded evenly through each quarter.

Estimated avg cost

$218.11

estimated per share

Mar 31, 2026: $214.38

Quarter-end price

$287.68

implied by 13F values

Estimated gain or loss

+31.9%

price against the estimated cost

Estimated at a loss

0.000%

of costed 13F value

Estimated cost covers 40.9% of the 13F shares; positions already held when a filer's 13F history starts, or bought in a quarter without a trusted average price, have no estimate.

Quarterly Activity

vs Jun 30, 2026

New

Increased

Decreased

Sold Out

Unchanged

New and Sold Out count only filers that reported a 13F for both quarters: a first-time filer's book is not a buy, and a fund that has not filed, or withheld its positions under confidential treatment, has not sold.

Holder count: -187

Institutional value: -95.9%

Shares held: -95.5%

Top Buyers

vs Jun 30, 2026

Institution	Added	Now Holds
Small Keystone Global Partners, LLC	+859	7,402
Mid IFP Advisors, Inc	+675	1,624
Micro LBJ Family Wealth Advisors, Ltd.	+106	7,350
Large Farther Finance Advisors, LLC	+49	1,822
Mid ROFFMAN MILLER ASSOCIATES INC /PA/	+3	2,174

Top Sellers

vs Jun 30, 2026

Institution	Sold	Now Holds
Mid Sound Income Strategies, LLC	−51,878	2,339
Large TD Waterhouse Canada Inc.	−17,854	1,349
Large Concurrent Investment Advisors, LLC	−902	9,820
Small RIVERSEDGE ADVISORS, LLC	−619	21,164
Small WestHill Financial Advisors, Inc.	−605	40,898

Top New Positions

vs Jun 30, 2026

Institution	Acquired	Value (USD)	Open
Large WEALTH ENHANCEMENT ADVISORY SERVICES, LLC	2,221	$578,748
Mid CX Institutional	149	$38,826

Top Sold-Out Positions

vs Jun 30, 2026

Institution	Previously Held	Last Value (USD)	Open
Mid Relyea Zuckerberg Hanson LLC	825	$237,336
Mid SALEM INVESTMENT COUNSELORS INC	447	$128,592

Filter: New 2 Increased 6 Reduced 14 Sold out 2 Unchanged 13

Holder type: Registered adviser 27 Unknown 9

Showing 36 of 36

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

WestHill Financial Advisors, Inc. VTWG

$10,657,200

32.32%

40,898

RIVERSEDGE ADVISORS, LLC VTWG

$5,514,915

16.73%

21,164

Concurrent Investment Advisors, LLC VTWG

$2,558,895

7.76%

9,820

Keystone Global Partners, LLC VTWG

$1,928,813

5.85%

7,402

LBJ Family Wealth Advisors, Ltd. VTWG

$1,915,263

5.81%

7,350

1900 WEALTH MANAGEMENT LLC VTWG

$876,851

2.66%

3,365

AMERICAN FINANCIAL & TAX STRATEGIES INC VTWG

$715,031

2.17%

2,744

Elm3 Financial Group, LLC VTWG

$681,677

2.07%

2,616

Sound Income Strategies, LLC VTWG

$609,496

1.85%

2,339

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC VTWG

$578,748

1.76%

2,221

ROFFMAN MILLER ASSOCIATES INC /PA/ VTWG

$566,500

1.72%

2,174

MATHER GROUP, LLC. VTWG

$481,551

1.46%

1,848

Farther Finance Advisors, LLC VTWG

$474,776

1.44%

1,822

PROFESSIONAL ADVISORY SERVICES INC VTWG

$436,471

1.32%

1,675

IFP Advisors, Inc VTWG

$423,181

1.28%

1,624

PINNACLE ASSOCIATES LTD VTWG

$405,983

1.23%

1,558

FCG Investment Co VTWG

$361,163

1.10%

1,386

TD Waterhouse Canada Inc. VTWG

$351,522

1.07%

1,349

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

Manager	Shares	Value (USD)	% of position	Discretion
TORONTO DOMINION BANK	1,349	$351,522	100.0%	Defined

Atria Investments, Inc VTWG

$339,014

1.03%

1,301

SUTTON PLACE INVESTORS LLC VTWG

$338,754

1.03%

1,300

Heartwood Wealth Advisors LLC VTWG

$337,190

1.02%

1,294

Cornerstone Management, Inc. VTWG

$294,455

0.89%

1,130

Valeo Financial Advisors, LLC VTWG

$290,546

0.88%

1,115

Rodgers & Associates, LTD VTWG

$287,159

0.87%

1,102

Junk Investment Group, LLC VTWG

$269,179

0.82%

1,033

AdvisorNet Financial, Inc VTWG

$266,052

0.81%

1,021

Tranquility Partners, LLC VTWG

$261,361

0.79%

1,003

Peak Financial Management, Inc. VTWG

$230,352

0.70%

884

MISSION WEALTH MANAGEMENT, LP VTWG

$204,815

0.62%

786

City State Bank VTWG

$135,241

0.41%

519

Arlington Trust Co LLC VTWG

$72,701

0.22%

279

CX Institutional VTWG

$38,826

0.12%

149

Horizons Wealth Management VTWG

$26,579

0.08%

102

CoreCap Advisors, LLC VTWG

$18,761

0.06%

Triumph Capital Management VTWG

$15,634

0.05%

Cape Investment Advisory, Inc. VTWG

$4,951

0.02%