VTWO · VANGUARD RUSSELL 2000 INDEX FUND · Holdings ETF

$111.32 -0.35 (-0.31%)

Volume · Oct 22 708.35K Avg daily vol (3M) 1.33M

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: 150

Total Value: $302,353,651

Total Shares: 2,693,869

Showing 1–100 of 150 holdings by value · page 1 of 2

Institutional Ownership Trend

27 quarters

Holder Concentration

Across 150 13F filers · Δ vs Jun 30, 2026

Top Holder

13.5%

−9.4 pts

Top 5

43.6%

−12.7 pts

Top 10

60.6%

−10.1 pts

HHI

512

Broadly held−373

Who Holds VTWO

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: 745 filers, like-for-like change +3.0%; actively managed books +5.1%; index-like books -6.0%.

Holder type	Share	Filers	Change	New	Exited
Registered adviser	17.6%	485	-1.3%	59	23
Adviser	8.8%	9	+25.5%	0	0
Bank	48.3%	29	+4.8%	2	0
Insurer	0.0%	1	-4.7%	0	0
Broker-dealer	1.1%	1	+14.5%	0	0
Non-US	0.5%	4	-27.9%	0	0
Holding company	12.0%	9	-0.5%	0	0
Exempt adviser	0.0%	0	-100.0%	0	1
Unknown	11.6%	207	-5.8%	28	7

Style	Share	Filers	Change	New	Exited
Index-like	12.7%	12	-6.0%	1	0
Systematic-like	0.1%	8	+22.1%	5	3
Concentrated	7.3%	273	-7.3%	36	8
Diversified active	79.8%	449	+6.4%	47	19
Unknown	0.1%	3	-79.9%	0	1
Not measured	0.0%	0	—	0	0

Turnover	Share	Filers	Change	New	Exited
Low turnover	82.6%	550	+3.4%	56	20
Medium turnover	16.4%	110	+0.9%	15	2
High turnover	0.2%	19	-28.6%	9	4
Unknown	0.8%	66	+25.1%	9	5
Not measured	0.0%	0	—	0	0

Holding horizon	Share	Filers	Change	New	Exited
Short horizon	0.7%	66	+33.4%	14	6
Medium horizon	11.3%	181	+9.6%	18	7
Long horizon	87.4%	479	+1.7%	51	17
Unknown	0.6%	19	+114.9%	6	1
Not measured	0.0%	0	—	0	0

13F book size	Share	Filers	Change	New	Exited
Under $1B	4.1%	358	0.0%	42	18
$1B to $10B	5.9%	247	+7.7%	42	10
$10B to $100B	23.8%	99	+10.0%	3	2
$100B or more	66.2%	41	+0.5%	2	1
Not measured	0.0%	0	—	0	0

Client base	Share	Filers	Change	New	Exited
Individuals and high net worth	13.7%	431	+0.2%	51	17
Pooled investment vehicles	0.1%	6	+113.0%	2	1
Registered funds and BDCs	1.4%	9	+14.7%	1	0
Pension and profit sharing plans	0.1%	7	+11.1%	1	0
Charitable organizations	0.0%	1	+1.4%	0	0
Governments and sovereign funds	0.0%	2	+107.3%	0	0
Corporations	0.0%	4	-33.3%	0	2
Other investment advisers	0.1%	4	+61.2%	0	1
Other	0.1%	1	+4.3%	0	0
Diversified	2.1%	19	-19.9%	3	1
Insurance companies	0.0%	0	-100.0%	0	1
Unknown	82.4%	261	+4.0%	31	8

Private funds	Share	Filers	Change	New	Exited
Hedge funds	0.6%	27	+22.9%	6	2
Private equity funds	0.9%	22	-0.6%	3	2
Venture capital funds	0.1%	4	+4.0%	0	0
Real estate funds	0.8%	7	+222.1%	0	0
Securitized asset funds	1.7%	1	-25.7%	0	1
Other private funds	1.4%	21	-0.9%	1	2
Mixed private funds	0.1%	3	+1.2%	0	0
Private funds, type not stated	0.1%	4	+19.2%	1	0
No private funds	12.1%	396	-2.4%	48	17
Unknown	82.4%	260	+4.0%	30	7

Location	Share	Filers	Change	New	Exited
United States	86.0%	713	+3.4%	84	29
Outside the US	14.0%	32	+0.8%	5	2

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 10 holders with no observed 2026-03-31 13F and 6 holders with no observed 2026-06-30 13F.

Conviction and Crowding

745 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

188

25.2% of filers hold it in their top 10

Mar 31, 2026: 188

Holders above 5%

median weight 0.034%

Mar 31, 2026: 8

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

70.7%

of 13F shares, Herfindahl 0.089

Active holders

+5.1%

like-for-like share change of active filers

5% stakes on record

0 13D, 0 13G

How long holders have held it value-weighted 21.3 quarters

Under 1 year 5.53% 1 to 3 years 14.2% 3 years or more 80.2% 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

$97.61

estimated per share

Mar 31, 2026: $94.24

Quarter-end price

$121.39

implied by 13F values

Estimated gain or loss

+24.4%

price against the estimated cost

Estimated at a loss

0.000%

of costed 13F value

Estimated cost covers 23.7% 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.

Fund Ownership of VTWO by Fund Type

Registered funds' Form N-PORT reports for the quarter ended Jun 30, 2026

Index funds and index ETFs hold 0 shares.

Fund type	Shares	Funds
Index funds	0	0
Index ETFs	0	0
Active ETFs	9,789,381	2
Active funds	63,069	3
Unclassified	70,221	1
All registered funds	9,922,671	6

How fund types are measured

Each fund series counts once, with its latest Form N-PORT report dated inside the quarter; only long share positions count, restated to today's split basis. The fund type is the series' latest Form N-CEN answer on or before the quarter end (the index-fund box and the exchange-traded flag), never its name. Unclassified funds have no usable N-CEN; unit investment trusts are among them, so index ownership is a floor. Funds sit inside their advisers' 13F reports, so these shares overlap the 13F figures and are never added to them.

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: -599

Institutional value: -97.7%

Shares held: -97.5%

Top Buyers

vs Jun 30, 2026

Institution	Added	Now Holds
Small S. R. Schill & Associates	+36,036	204,551
Small Financial & Tax Architects, LLC	+27,896	106,656
Mid 1900 WEALTH MANAGEMENT LLC	+16,971	101,458
Large ASSETMARK, INC	+9,785	14,215
Mid ASPIRIANT, LLC	+8,540	14,581

Top Sellers

vs Jun 30, 2026

Institution	Sold	Now Holds
Mid FIRST CITIZENS BANK & TRUST CO	−51,144	210,733
Large FORT WASHINGTON INVESTMENT ADVISORS INC /OH/	−23,956	363,251
Micro Summit Financial Consulting LLC	−17,152	51,327
Small ABSOLUTE CAPITAL MANAGEMENT, LLC	−16,589	17,378
Small Cadent Capital Advisors, LLC	−10,623	135,781

Top New Positions

vs Jun 30, 2026

Institution	Acquired	Value (USD)
Mid Focus Financial Network, Inc.	2,265	$254,223
Mid HENGEHOLD CAPITAL MANAGEMENT LLC	2,021	$226,837
Micro ProCore Advisors, LLC	1,964	$220,439
Mid SigFig Wealth Management, LLC	1,785	$200,348
Small Rydar Equities, Inc.	49	$5,499

Top Sold-Out Positions

vs Jun 30, 2026

Institution	Previously Held	Last Value (USD)
Small Encompass More Asset Management	88,061	$10,692,366
Small COREPATH WEALTH PARTNERS LLC	2,876	$349,203
Mid SALEM INVESTMENT COUNSELORS INC	1,750	$212,485
Small McClarren Financial Advisors, Inc.	1,710	$207,628
Mid SCHAPER BENZ & WISE INVESTMENT COUNSEL INC/WI	1,693	$205,564

Filter: New 9 Increased 55 Reduced 53 Sold out 10 Unchanged 32

Holder type: Registered adviser 95 Adviser 1 Bank 2 Unknown 52

Showing 100 of 150

All Common Calls Puts

Compact Export CSV

Holder

Value (USD)

% of 13F

FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ VTWO

$40,771,292

13.48%

363,251

MOODY NATIONAL BANK TRUST DIVISION VTWO

$29,138,064

9.64%

259,605

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

Manager	Shares	Value (USD)	% of position	Discretion
MOODY BANCSHARES INC joint	123,941	$13,911,137	47.7%	Defined
Held directly	135,664	$15,226,927	52.3%	Sole

FIRST CITIZENS BANK & TRUST CO VTWO

$23,652,671

7.82%

210,733

S. R. Schill & Associates VTWO

$22,958,804

7.59%

204,551

Cadent Capital Advisors, LLC VTWO

$15,240,059

5.04%

135,781

LVW Advisors, LLC VTWO

$13,460,269

4.45%

119,924

Financial & Tax Architects, LLC VTWO

$11,971,069

3.96%

106,656

1900 WEALTH MANAGEMENT LLC VTWO

$11,387,645

3.77%

101,458

Farther Finance Advisors, LLC VTWO

$8,640,571

2.86%

76,983

LifeWealth Investments, LLC VTWO

$6,003,717

1.99%

53,490

Summit Financial Consulting LLC VTWO

$5,760,942

1.91%

51,327

Atria Investments, Inc VTWO

$5,476,414

1.81%

48,792

RIVER'S EDGE WEALTH MANAGEMENT, LLC VTWO

$5,356,429

1.77%

47,723

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC VTWO

$5,185,712

1.72%

46,202

Global Financial Private Client, LLC VTWO

$3,768,906

1.25%

33,579

Vilga Financial Planning LLC VTWO

$3,644,432

1.21%

32,470

Concurrent Investment Advisors, LLC VTWO

$3,398,851

1.12%

30,282

Investment Research & Advisory Group, Inc. VTWO

$3,188,850

1.05%

28,411

Fifth Third Securities, Inc. VTWO

$2,979,972

0.99%

26,550

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	26,550	$2,979,972	100.0%	Defined

Foster Group, Inc. VTWO

$2,799,265

0.93%

24,940

TICINO WEALTH VTWO

$2,757,961

0.91%

24,572

Wernau Asset Management Inc. VTWO

$2,685,005

0.89%

23,922

Wealthcare Advisory Partners LLC VTWO

$2,229,198

0.74%

19,861

Venture Visionary Partners LLC VTWO

$2,165,446

0.72%

19,293

Vision Capital Management, Inc. VTWO

$2,146,702

0.71%

19,126

PFW Advisors LLC VTWO

$2,072,174

0.69%

18,462

Arlington Trust Co LLC VTWO

$1,992,147

0.66%

17,749

Southland Equity Partners LLC VTWO

$1,987,545

0.66%

17,708

Gainplan LLC VTWO

$1,972,281

0.65%

17,572

FIRST HAWAIIAN BANK VTWO

$1,957,241

0.65%

17,438

ABSOLUTE CAPITAL MANAGEMENT, LLC VTWO

$1,950,506

0.65%

17,378

NOVEM GROUP VTWO

$1,939,394

0.64%

17,279

HALBERT HARGROVE GLOBAL ADVISORS, LLC VTWO

$1,827,379

0.60%

16,281

ASPIRIANT, LLC VTWO

$1,636,571

0.54%

14,581

WestHill Financial Advisors, Inc. VTWO

$1,620,970

0.54%

14,442

ASSETMARK, INC VTWO

$1,595,491

0.53%

14,215

Global Strategic Investment Solutions, LLC VTWO

$1,499,414

0.50%

13,359

First Heartland Consultants, Inc. VTWO

$1,332,850

0.44%

11,875

OpenArc Corporate Advisory, LLC VTWO

$1,276,730

0.42%

11,375

Legacy Advisors, LLC VTWO

$1,242,160

0.41%

11,067

OLD NATIONAL BANCORP /IN/ VTWO

$1,234,303

0.41%

10,997

LPWM LLC VTWO

$1,213,987

0.40%

10,816

AXXCESS WEALTH MANAGEMENT, LLC VTWO

$1,156,408

0.38%

10,303

Navigate Wealth Management, LLC VTWO

$1,153,490

0.38%

10,277

MATHER GROUP, LLC. VTWO

$1,077,279

0.36%

9,598

Flower City Capital VTWO

$1,066,728

0.35%

9,504

Capital Square, LLC VTWO

$1,028,118

0.34%

9,160

MONARCH CAPITAL MANAGEMENT INC VTWO

$1,019,026

0.34%

9,079

Guidance Point Advisors, LLC VTWO

$996,017

0.33%

8,874

INDEPENDENT FINANCIAL GROUP, LLC VTWO

$965,825

0.32%

8,605

DWR WEALTH MANAGEMENT, LLC VTWO

$926,765

0.31%

8,257

Cordatus Wealth Management LLC VTWO

$889,389

0.29%

7,924

DAVENPORT & Co LLC VTWO

$857,513

0.28%

7,640

SAPIENT CAPITAL LLC VTWO

$817,892

0.27%

7,287

1834 INVESTMENT ADVISORS CO VTWO

$771,425

0.26%

6,873

DB Fitzpatrick & Co, Inc VTWO

$746,844

0.25%

6,654

FLAGSTAR ADVISORS INC VTWO

$738,763

0.24%

6,582

GEM Asset Management, LLC VTWO

$711,713

0.24%

6,341

Emerald Advisors, LLC VTWO

$664,909

0.22%

5,924

Pines Wealth Management, LLC VTWO

$654,134

0.22%

5,828

ACUTE INVESTMENT ADVISORY, LLC VTWO

$616,646

0.20%

5,494

RKL Wealth Management LLC VTWO

$609,687

0.20%

5,432

AdvisorNet Financial, Inc VTWO

$608,453

0.20%

5,421

FF Advisors,LLC VTWO

$599,586

0.20%

5,342

Trellis Wealth Advisors LLC VTWO

$569,169

0.19%

5,071

PENSION & WEALTH MANAGEMENT ADVISORS, INC. VTWO

$562,322

0.19%

5,010

Blue Trust, Inc. VTWO

$561,648

0.19%

5,004

FIRST FINANCIAL CORP /IN/ VTWO

$539,649

0.18%

4,808

Braun-Bostich & Associates Inc. VTWO

$536,843

0.18%

4,783

Shaker Financial Services, LLC VTWO

$526,181

0.17%

4,688

Heck Capital Advisors, LLC VTWO

$484,876

0.16%

4,320

Ramsay, Stattman, Vela & Price, Inc. VTWO

$474,214

0.16%

4,225

Robertson Stephens Wealth Management, LLC VTWO

$444,582

0.15%

3,961

Sincerus Advisory, LLC VTWO

$436,950

0.14%

3,893

Wedmont Private Capital VTWO

$432,124

0.14%

3,850

Accurate Wealth Management, LLC VTWO

$426,624

0.14%

3,801

DAVIDSON TRUST CO VTWO

$397,217

0.13%

3,539

PRIVATE TRUST CO NA VTWO

$394,074

0.13%

3,511

Valeo Financial Advisors, LLC VTWO

$392,054

0.13%

3,493

COLLECTIVE FAMILY OFFICE LLC VTWO

$387,228

0.13%

3,450

Factor Wealth Management LTD VTWO

$361,412

0.12%

3,220

TITLEIST ASSET MANAGEMENT, LLC VTWO

$359,953

0.12%

3,207

Signal Advisors Wealth, LLC VTWO

$348,280

0.12%

3,103

Tranquility Partners, LLC VTWO

$342,332

0.11%

3,050

Whipplewood Advisors, LLC VTWO

$337,168

0.11%

3,004

ZWJ INVESTMENT COUNSEL INC VTWO

$336,495

0.11%

2,998

Financial Partners Group, Inc VTWO

$336,383

0.11%

2,997

Beacon Financial Advisory LLC VTWO

$324,598

0.11%

2,892

Grantvest Financial Group LLC VTWO

$319,659

0.11%

2,848

GATEWAY INVESTMENT ADVISERS LLC VTWO

$298,221

0.10%

2,657

A&I FINANCIAL SERVICES, LLC VTWO

$292,160

0.10%

2,603

UNIQUE WEALTH, LLC VTWO

$290,701

0.10%

2,590

CENTRAL BANK & TRUST CO VTWO

$290,701

0.10%

2,590

Olistico Wealth, LLC VTWO

$289,691

0.10%

2,581

Keudell/Morrison Wealth Management VTWO

$287,222

0.09%

2,559

IFP Advisors, Inc VTWO

$284,640

0.09%

2,536

Decker Retirement Planning Inc. VTWO

$275,885

0.09%

2,458

B. Riley Wealth Advisors, Inc. VTWO

$270,386

0.09%

2,409

Focus Financial Network, Inc. VTWO

$254,223

0.08%

2,265

Quintet Private Bank (Europe) S.A. VTWO

$253,662

0.08%

2,260

Showing the top 100 of 150 holders. Create a free account to see every holder, past quarters, search, filters and CSV export.