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

Institutional Holders (2014Q3)
Portfolio Summary: 100 Institutional holders with a total value of $400,894,282.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 ALESCO ADVISORS LLC 935,933 46,207,000 11.53%
2 GOLDMAN SACHS GROUP INC 719,934 35,543,000 8.87%
3 ENVESTNET ASSET MANAGEMENT INC 505,135 24,939,000 6.22%
4 MORGAN STANLEY 415,201 20,498,000 5.11%
5 UNITED CAPITAL FINANCIAL ADVISORS, LLC 386,224 19,068,000 4.76%
6 JMG Financial Group, Ltd. 384,028 18,959,000 4.73%
7 BANK OF AMERICA CORP /DE/ 320,893 15,842,000 3.95%
8 MOTCO 307,752 15,194,000 3.79%
9 Sensible Financial Planning & Management, LLC. 312,104 13,777,000 3.44%
10 NATIXIS ADVISORS, LLC 277,017 13,676,000 3.41%
11 Mosaic Financial Partners, Inc. 240,217 11,860,000 2.96%
12 Retirement Planning Group, LLC 236,795 11,691,000 2.92%
13 First Allied Asset Management, Inc. 225,692 11,090,000 2.77%
14 Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 213,450 10,538,000 2.63%
15 TD Capital Management LLC 197,594 9,755,000 2.43%
16 Windham Capital Management, LLC 187,288 9,246,000 2.31%
17 RAYMOND JAMES & ASSOCIATES 180,956 8,934,000 2.23%
18 UBS AG 171,801 8,482,000 2.12%
19 Bangor Savings Bank 157,668 7,784,000 1.94%
20 Raymond James Financial Services Advisors, Inc. 108,674 5,365,000 1.34%
21 PHILLIPS FINANCIAL MANAGEMENT, LLC 91,662 4,543,000 1.13%
22 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 91,373 4,511,000 1.13%
23 SPC Financial, Inc. 90,900 4,488,000 1.12%
24 TWIN CAPITAL MANAGEMENT INC 87,530 4,321,000 1.08%
25 D.A. DAVIDSON & CO. 57,233 2,825,000 0.70%
26 MOLLER WEALTH PARTNERS 56,956 2,812,000 0.70%
27 Granite Investment Advisors, LLC 53,620 2,647,000 0.66%
28 LPL Financial LLC 49,734 2,462,000 0.61%
29 ProVise Management Group, LLC 49,241 2,431,000 0.61%
30 Regal Investment Advisors LLC 46,942 2,318,000 0.58%
31 PLANNING ALTERNATIVES LTD /ADV 46,159 2,279,000 0.57%
32 Coastline Trust Co 43,893 2,167,000 0.54%
33 NORTHWESTERN MUTUAL INVESTMENT SERVICES LLC 42,856 2,116,000 0.53%
34 Cetera Advisors LLC 42,708 2,110,000 0.53%
35 SMITH HAYES Advisers, Inc 40,628 2,006,000 0.50%
36 Cetera Advisor Networks LLC 38,591 1,905,000 0.48%
37 Argentus Capital Management, LLC 38,154 1,884,000 0.47%
38 WEALTHFRONT CORP 37,483 1,851,000 0.46%
39 Cambridge Investment Research Advisors, Inc. 29,335 1,448,000 0.36%
40 CLIFTONLARSONALLEN WEALTH ADVISORS, LLC 27,992 1,382,000 0.34%
41 JANE STREET GROUP, LLC 25,946 1,281,000 0.32%
42 Modera Wealth Management, LLC 24,018 1,186,000 0.30%
43 ROYAL BANK OF CANADA 23,880 1,179,000 0.29%
44 Commonwealth Equity Services, Inc 23,406 1,156,000 0.29%
45 HAYS ADVISORY LLC 22,079 1,090,000 0.27%
46 SUSQUEHANNA INTERNATIONAL GROUP, LLP 20,890 1,031,000 0.26%
47 AMERIPRISE FINANCIAL INC 20,726 1,023,000 0.26%
48 Westover Capital Advisors, LLC 20,658 1,020,000 0.25%
49 STIFEL FINANCIAL CORP 19,983 987,000 0.25%
50 First Horizon Advisors, Inc. 20,012 987,000 0.25%
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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.