Dark
Light
System
Security
VANGUARD WHITEHALL FDS INC
VANGUARD WHITEHALL FDS INC. Institutional holdings reported to the SEC.

Institutional Holders (2016Q4)
Portfolio Summary: 68 Institutional holders with a total value of $427,930,000.
#
Manager Name
Shares
Value ($)
%
Options
Notes
1 Betterment LLC 1,965,298 152,389,000 35.61%
2 Charles Schwab Investment Advisory, Inc. 817,427 63,383,000 14.81%
3 Sumitomo Mitsui DS Asset Management Company, Ltd 815,001 63,195,000 14.77%
4 VERSANT CAPITAL MANAGEMENT, INC 285,687 22,152,000 5.18%
5 Barry Investment Advisors, LLC 173,024 13,416,000 3.14%
6 FIDUCIARY TRUST CO 136,816 10,609,000 2.48%
7 D. E. Shaw & Co., Inc. 133,000 10,313,000 2.41%
8 Transamerica Financial Advisors, LLC 122,705 9,515,000 2.22%
9 Coastline Trust Co 122,192 9,475,000 2.21%
10 MORGAN STANLEY 112,126 8,694,000 2.03%
11 First Allied Advisory Services, Inc. 110,211 8,546,000 2.00%
12 GOLDMAN SACHS GROUP INC 75,041 5,819,000 1.36%
13 BANK OF AMERICA CORP /DE/ 72,227 5,601,000 1.31%
14 UBS Group AG 64,280 4,984,000 1.16%
15 RAYMOND JAMES & ASSOCIATES 53,356 4,137,000 0.97%
16 PARALLEL ADVISORS, LLC 48,264 3,742,000 0.87%
17 Windhaven Investment Management, Inc. 45,642 3,539,000 0.83%
18 Garde Capital, Inc. 36,894 2,861,000 0.67%
19 FLOW TRADERS U.S. LLC 30,355 2,354,000 0.55%
20 CREDIT SUISSE AG/ 22,019 1,707,000 0.40%
21 SCOTIA CAPITAL INC. 21,324 1,655,000 0.39%
22 LADENBURG THALMANN FINANCIAL SERVICES INC. 19,859 1,540,000 0.36%
23 ROYAL BANK OF CANADA 18,843 1,461,000 0.34%
24 TOWER SQUARE INVESTMENT MANAGEMENT, LLC 17,394 1,349,000 0.32%
25 Cambria Investment Management, L.P. 17,384 1,348,000 0.32%
26 Regal Investment Advisors LLC 16,919 1,312,000 0.31%
27 WILSHIRE ASSOCIATES INC 16,390 1,275,000 0.30%
28 TWIN CAPITAL MANAGEMENT INC 16,390 1,271,000 0.30%
29 Goelzer Investment Management, Inc. 13,921 1,079,000 0.25%
30 Modera Wealth Management, LLC 12,786 991,000 0.23%
31 ADVISOR GROUP, INC. 11,977 929,000 0.22%
32 AMERIPRISE FINANCIAL INC 8,479 657,000 0.15%
33 CENTRAL BANK & TRUST CO 7,962 617,000 0.14%
34 HSBC HOLDINGS PLC 7,500 582,000 0.14%
35 Raymond James Financial Services Advisors, Inc. 7,087 550,000 0.13%
36 Orion Porfolio Solutions, LLC 7,025 545,000 0.13%
37 LPL Financial LLC 6,825 531,000 0.12%
38 JPMORGAN CHASE & CO 4,988 387,000 0.09%
39 ENVESTNET ASSET MANAGEMENT INC 4,923 382,000 0.09%
40 Commonwealth Equity Services, Inc 4,685 363,000 0.08%
41 NWAM LLC 4,450 345,000 0.08%
42 CREATIVE FINANCIAL DESIGNS INC /ADV 3,303 256,000 0.06%
43 Avior Wealth Management, LLC 3,212 249,000 0.06%
44 iAB Financial Bank 3,200 248,000 0.06%
45 Allianz Asset Management GmbH 2,898 225,000 0.05%
46 MSI Financial Services Inc 2,674 207,000 0.05%
47 Creative Planning 2,512 195,000 0.05%
48 PNC FINANCIAL SERVICES GROUP, INC. 2,059 161,000 0.04%
49 GUIDANT WEALTH ADVISORS 2,025 158,000 0.04%
50 Tortoise Investment Management, LLC 1,961 152,000 0.04%
Page 1 of 2

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.