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VANGUARD MALVERN FDS
VANGUARD MALVERN FDS. Institutional holdings reported to the SEC.

Institutional Holders (2014Q2)
Portfolio Summary: 86 Institutional holders with a total value of $336,214,440.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 ALESCO ADVISORS LLC 908,114 45,515,000 13.54%
2 GOLDMAN SACHS GROUP INC 596,018 29,872,000 8.88%
3 MORGAN STANLEY 428,647 21,484,000 6.39%
4 JMG Financial Group, Ltd. 372,627 18,676,000 5.55%
5 ENVESTNET ASSET MANAGEMENT INC 312,411 15,658,000 4.66%
6 NATIXIS ADVISORS, LLC 301,914 15,132,000 4.50%
7 MOTCO 297,441 14,907,000 4.43%
8 BANK OF AMERICA CORP /DE/ 285,872 14,328,000 4.26%
9 First Allied Asset Management, Inc. 234,597 11,768,000 3.50%
10 Mosaic Financial Partners, Inc. 213,756 10,713,000 3.19%
11 Retirement Planning Group, LLC 209,235 10,487,000 3.12%
12 UBS AG 203,441 10,196,000 3.03%
13 UNITED CAPITAL FINANCIAL ADVISORS, LLC 193,552 9,701,000 2.89%
14 Windham Capital Management, LLC 185,572 9,301,000 2.77%
15 RAYMOND JAMES & ASSOCIATES 178,979 8,970,000 2.67%
16 Bangor Savings Bank 142,247 7,129,000 2.12%
17 Raymond James Financial Services Advisors, Inc. 129,491 6,490,000 1.93%
18 SPC Financial, Inc. 113,600 5,694,000 1.69%
19 PHILLIPS FINANCIAL MANAGEMENT, LLC 89,885 4,497,000 1.34%
20 TWIN CAPITAL MANAGEMENT INC 85,770 4,299,000 1.28%
21 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 78,613 3,940,000 1.17%
22 MOLLER WEALTH PARTNERS 61,221 3,068,000 0.91%
23 D.A. DAVIDSON & CO. 57,495 2,881,000 0.86%
24 Regal Investment Advisors LLC 47,446 2,378,000 0.71%
25 Granite Investment Advisors, LLC 47,205 2,366,000 0.70%
26 PLANNING ALTERNATIVES LTD /ADV 46,445 2,328,000 0.69%
27 LPL Financial LLC 44,305 2,221,000 0.66%
28 Coastline Trust Co 41,173 2,064,000 0.61%
29 ProVise Management Group, LLC 41,136 2,062,000 0.61%
30 First Allied Advisory Services, Inc. 40,301 2,023,000 0.60%
31 NORTHWESTERN MUTUAL INVESTMENT SERVICES LLC 37,870 1,898,000 0.56%
32 Cetera Advisor Networks LLC 36,299 1,816,000 0.54%
33 Modera Wealth Management, LLC 34,472 1,728,000 0.51%
34 SMITH HAYES Advisers, Inc 33,538 1,681,000 0.50%
35 Argentus Capital Management, LLC 32,742 1,641,000 0.49%
36 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 28,778 1,442,000 0.43%
37 Cambridge Investment Research Advisors, Inc. 28,485 1,428,000 0.42%
38 Cetera Advisors LLC 28,297 1,421,000 0.42%
39 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 26,119 1,309,000 0.39%
40 ROYAL BANK OF CANADA 22,372 1,122,000 0.33%
41 Westover Capital Advisors, LLC 20,715 1,038,000 0.31%
42 AMERIPRISE FINANCIAL INC 20,389 1,022,000 0.30%
43 First Horizon Advisors, Inc. 20,451 1,022,000 0.30%
44 Commonwealth Equity Services, Inc 20,116 1,008,000 0.30%
45 Stratford Consulting, LLC 19,102 957,000 0.28%
46 STIFEL FINANCIAL CORP 19,017 953,000 0.28%
47 First Fiduciary Investment Counsel, Inc. 17,080 856,000 0.25%
48 WASHINGTON TRUST BANK 15,389 771,000 0.23%
49 VSR Financial Services, Inc. 14,031 703,000 0.21%
50 WELLS FARGO & COMPANY/MN 13,981 701,000 0.21%
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From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.