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

Institutional Holders (2014Q4)
Portfolio Summary: 18 Institutional holders with a total value of $27,923,844.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 MORGAN STANLEY 95,822 8,436,000 30.21%
2 SUSQUEHANNA INTERNATIONAL GROUP, LLP 77,700 6,839,000 24.49%
3 WELLS FARGO & COMPANY/MN 54,021 4,756,000 17.03%
4 Cetera Advisor Networks LLC 18,367 1,616,000 5.79%
5 Commonwealth Equity Services, Inc 17,327 1,525,000 5.46%
6 LPL Financial LLC 12,479 1,099,000 3.94%
7 Janney Montgomery Scott LLC 9,211 810,844 2.90%
8 Cassaday & Co Inc. 8,192 721,000 2.58%
9 ENVESTNET ASSET MANAGEMENT INC 7,581 667,000 2.39%
10 ROYAL BANK OF CANADA 6,786 597,000 2.14%
11 WEALTHCARE CAPITAL MANAGEMENT LLC 4,326 381,000 1.36%
12 Landmark Financial Advisors, LLC 2,300 204,000 0.73%
13 UBS Group AG 1,734 153,000 0.55%
14 BANK OF AMERICA CORP /DE/ 946 83,000 0.30%
15 LADENBURG THALMANN FINANCIAL SERVICES INC. 230 20,000 0.07%
16 MOTCO 150 13,000 0.05%
17 Tower Research Capital LLC (TRC) 29 3,000 0.01%
18 Parallax Volatility Advisers, L.P. 1 0 0.00%

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.