In its most recent SEC filing, First Citizens Bank & Trust Co. reported a 4.0% increase in its holdings of Vanguard S&P 500 ETF, bringing its position to 49,191 shares after purchasing an additional 1,886 shares during the third quarter. The ETF now represents 0.5% of the firm’s total assets and ranks as its 23rd largest holding. As of the report date, the value of the position stood at $30.12 million, reflecting the bank’s ongoing commitment to core large-cap U.S. equity exposure through passive index strategies.

TRB Advisors LP disclosed a 72.7% increase in its Vanguard S&P 500 ETF position, acquiring an additional 200,000 shares in the third quarter to raise its total to 475,000 shares. This stake now comprises 57.5% of TRB’s overall portfolio, making it the firm’s single largest holding. With the expanded allocation valued at $290.88 million, the move underscores TRB’s bullish view on broad U.S. large-cap equities and its reliance on the ETF for core market exposure.

Cullen Frost Bankers Inc. trimmed its Vanguard S&P 500 ETF position by 1.6% in the third quarter, selling 834 shares to end the period with 51,459 shares. The disposition reduced the holding’s value to $31.51 million. Despite the modest reduction, VOO remains a key component of the firm’s indexed equity sleeve, reflecting a slight tactical shift while maintaining broad market participation.