Gridiron Partners cuts Vanguard FTSE Developed Markets ETF stake by 99.4% in Q4 2025

Gridiron Partners LLC drastically reduced its holdings in Vanguard FTSE Developed Markets ETF (VEA) by 99.4% in the fourth quarter of 2025, selling over 4.4 million shares and retaining just 26,975 shares valued at $1.69 million. This ETF, which tracks developed markets outside the US, remains a minor part of Gridiron's portfolio despite the large sale. Meanwhile, other institutional investors like Brighton Jones LLC and Revolve Wealth Partners LLC increased their stakes, signaling mixed investor sentiment. The ETF's market cap stands at $192 billion with a stable P/E ratio, indicating ongoing interest in developed market equities despite some portfolio shifts.